Faraday Future Intelligent Electric Inc. Announces Completion of Special Committee Investigation
Company Appoints Susan Swenson Executive Chairperson to Provide Oversight of the Senior Executive Leadership Team Internal Controls Strengthened as Board of Directors Implements Special Committee Actions LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (“Faraday Future” or the “Company”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced that the special committee […]
Business Combination of SES and Ivanhoe Capital Acquisition Corp. Approved by Ivanhoe Shareholders
IVAN shareholders have approved the business combination at the Extraordinary General Meeting held on February 1, 2022. Transaction is anticipated to close on February 3, 2022 and is expected to result in more than $480 million of cash (less fees and expenses) on the balance sheet of the combined company Transaction is anchored by a […]
Power Integrations Introduces Industry’s First Automotive-Qualified High-Voltage Switcher ICs with 1700 V SiC MOSFET
Expanded InnoSwitch3 family slashes component count and boosts efficiency in EV and industrial applications SAN JOSE, Calif.–(BUSINESS WIRE)–$POWI #PowerIntegrations—Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits (ICs) for energy-efficient power conversion, today announced the addition of two new AEC-Q100 qualified, 1700-volt rated ICs to its InnoSwitch™3-AQ family. The new devices are the industry’s […]
IDEX Reports Fourth Quarter and Full Year 2021 Results
Full Year Highlights Record full year reported EPS of $5.88, up 19%; record adjusted EPS of $6.30, up 21% Record full year sales of $2.8 billion, up 18% overall and 12% organically vs. 2020 Full year operating margin of 23.0%; adjusted operating margin of 23.9% Invested more than $650 million for acquisitions and capital projects […]
GM Financial Reports Full Year and Fourth Quarter 2021 Operating Results
Full year net income of $3.8 billion; fourth quarter net income of $909 million Full year retail loan and operating lease originations of $50.9 billion; $10.2 billion for the fourth quarter Earning assets of $102.8 billion at December 31, 2021 Available liquidity of $26.7 billion at December 31, 2021 FORT WORTH, Texas–(BUSINESS WIRE)–GENERAL MOTORS FINANCIAL […]
Rivian Sets Date for Release of Fourth Quarter and Full Year 2021 Results
IRVINE, Calif.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) today announced its fourth quarter and full year 2021 financial results will be released on March 10, 2022, after market close. Rivian will host an audio webcast to discuss its results and provide a business update at 2:00pm PT / 5:00pm ET the same day. The live webcast […]
Online Automotive Retailer Vroom Successfully Completes Acquisition of United Auto Credit Corporation
Transformational Acquisition marks the first step in the development of Vroom’s captive finance arm NEW YORK–(BUSINESS WIRE)–Vroom (NASDAQ: VRM), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, today announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive finance. The […]
Aeva Introduces Aeries II – The World’s First 4D LiDAR with Camera-Level Resolution
Next-generation FMCW LiDAR Sensor with Advanced 4D Perception Software Detects Instant Velocity in Addition to Position, with Automotive Grade Reliability in a Compact Form Factor and Up to 1000 Lines Per Frame with Ultra Resolution™ to Enable the Next Wave of Autonomy MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception […]
Indian Motorcycle Brings an Aggressive Edge to the Iconic Scout Family With the New Scout Rogue & Scout Rogue Sixty
Powerful, Reliable, Comfortable & Agile – New Scout Rogue Offers the Most Aggressive Style & Performance-Minded Expression of the Iconic Indian Scout MINNEAPOLIS–(BUSINESS WIRE)–Indian Motorcycle, America’s First Motorcycle Company, today unleashed the most aggressive iteration of its iconic Indian Scout with the launch of the new Scout Rogue and Scout Rogue Sixty. Packed with attitude […]
Evie Networks Selects Sitetracker for Rapid Push Towards Nationwide EV Charging Network
PALO ALTO, Calif.–(BUSINESS WIRE)–Sitetracker, the global standard for deployment operations management software for critical infrastructure owners and operators like Chargepoint, EVgo, and Volta, is proud to announce its cloud platform has been selected by Evie Networks, a leading electric vehicle ultrafast charging provider in Australia. Evie will utilize Sitetracker to manage everything from network planning, […]
