Panasonic and McAfee Agree to Jointly Start Building Vehicle SOC for Commercialization of Vehicle Security Monitoring Services
OSAKA/TOKYO & SAN JOSE, Calif.–(BUSINESS WIRE)–Panasonic Corporation and McAfee Corp. (Nasdaq: MCFE), have agreed to jointly start building a Vehicle Security Operation Center (hereinafter, Vehicle SOC) to commercialize vehicle security monitoring services. To protect connected vehicles around the world against cyber-attacks, the companies will build vehicle SOCs that enable accurate detection and early response to […]
XL Fleet Announces Date Change for Fourth Quarter and Full-Year 2020 Earnings Release and Conference Call
BOSTON–(BUSINESS WIRE)–XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a leading provider of fleet electrification solutions for commercial vehicles in North America, today announced that it has changed the date of its previously announced earnings release and earnings conference call to allow additional time to complete a review of its fourth quarter and […]
Velodyne Lidar Files Form S-1 Registration Statement to Register Existing Shares from the Previously Completed Merger Upon Release of the Lock-Up
Approximately Two-Thirds of Registered Shares Remain Locked-Up SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that it has filed a registration statement on Form S-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”). The Registration Statement is primarily being filed to allow for existing stockholders of Velodyne, not […]
QuantumScape Announces Closing of Public Offering of Class A Common Stock and Full Exercise of Option to Purchase Additional Shares
SAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (NYSE: QS), today announced the closing of an underwritten public offering of 11,960,000 shares of its Class A common stock, including the full exercise of the underwriters’ option to purchase up to 1,560,000 additional shares of its Class A common stock, for gross proceeds of $478.4 million. No shareholders sold […]
Barrett-Jackson Scottsdale Auction Sales Top $105 Million, Producing Over 95 World Records, with $5.8 Million Raised for Charity
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#barrettjackson—Barrett-Jackson, The World’s Greatest Collector Car Auctions, showed that the collector car market is thriving during its weeklong Scottsdale Auction at WestWorld of Scottsdale, March 20-27, 2021. Among the most notable sales during the week was the 1966 Shelby Cobra 427 Super Snake (Lot #1396) that sold for $5.5 million and a 1967 […]
ZT Corporate CEO Taseer Badar Selected for the Fortune CEO Initiative
Renowned forum brings together corporate leaders committed to social progress as part of their core business strategies HOUSTON–(BUSINESS WIRE)–ZT Corporate, a private equity firm that specializes in healthcare and automotive investments, today announced that Chairman and Chief Executive Officer Taseer Badar has been appointed to the Fortune CEO Initiative (Fortune CEOI). Badar joins a group […]
Polaris Schedules First Quarter 2021 Earnings Call and Webcast
MINNEAPOLIS–(BUSINESS WIRE)–Polaris Inc. (NYSE: PII) announced today that it will release its first quarter 2021 financial results on Tuesday, April 27, 2021, and will hold a conference call and webcast at 9:00 a.m. central time on the same day to discuss the results. The call will be hosted by Mike Speetzen, interim Chief Executive Officer […]
CarParts.com Signs Definitive Agreement to Acquire Precise Fuel Pumps from Premium Guard
TORRANCE, Calif.–(BUSINESS WIRE)–CarParts.com, Inc. (NASDAQ: PRTS), a leading e-commerce auto parts company, today announced it has entered into a definitive asset purchase agreement to acquire all Precise Fuel Delivery Systems (“Precise”) inventory from Premium Guard, a leading global automotive aftermarket supplier. With this acquisition, CarParts.com and Precise will help more drivers get back on the […]
Arcimoto Appoints Dilip K. Sundaram As Chief International Business Officer
EUGENE, Ore.–(BUSINESS WIRE)–Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, has appointed Dilip K. Sundaram, the former President – Corporate Affairs of Mahindra Group – Americas, as Chief International Business Officer. “Arcimoto was created in Oregon to solve a truly pressing global problem,” said Mark […]
Advent Technologies Announces Full Year 2020 Financial Results and Issues Shareholder Letter
BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced financial results for the full year ended December 31, 2020. Advent has issued a letter to shareholders discussing its financial results and providing an overview of recent developments. The letter is available in the […]
