Tag: stock market

May 15, 2022 - 03:10 pm

Renault considers spinning off e-mobility business

Renault has now confirmed that it has launched a strategic review into a spin-off of its electric car business – and provides more details. Specifically, a separate company in France could be dedicated to the development, production and distribution of electric vehicles and software.

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May 12, 2022 - 12:53 pm

Rivian broadens quarterly loss year-by-year

The US electric car start-up Rivian has presented its business figures for the first quarter of 2022. The net loss in the first three months of the year was 1.59 billion US dollars, compared to 414 million US dollars in the same quarter of the previous year. Compared to Q4 2021, however, the loss fell.

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Apr 28, 2022 - 10:53 am

Tesla value drops as Musk takes over Twitter

Hardly any other topic is currently as polarising as Elon Musk’s takeover of Twitter. Tesla’s shares lost eleven per cent or 114 billion US dollars in value after the deal was announced. Henrik Fisker, head of the electric car manufacturer Fisker, and Musk rival for many years, immediately deleted his Twitter account.

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Apr 26, 2022 - 03:20 pm

Twaice closes $30 million financing round

The battery analytics company Twaice has secured additional Series B funding of 30 million US dollars from investor Coatue and existing investors. The Munich-based company plans to use the money to further develop its platform and open new locations.

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Apr 25, 2022 - 12:50 pm

Renault rumoured to sell off their stake in Nissan

Renault is rumoured to be considering a partial sale of its roughly 43 per cent stake in Nissan as part of the possible spin-off and IPO of its electric car business. What impact this would have on the alliance and the joint electric platforms is an open question.

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Apr 22, 2022 - 11:31 am

Stock market manipulation around Tesla again

A few days ago, a stock market service circulated the news that Tesla had bought the exploration company Lithium Corporation. Later it turned out that the announcement was apparently a deliberate hoax to increase the value of the lithium company’s share.

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Apr 11, 2022 - 04:23 pm

Hindenburg Research takes aim for Mullen

Hindenburg Research is once again making serious allegations of fraud against an electric car start-up. This time, the US company Mullen Automotive has been targeted by the short seller. Hindenburg accuses Mullen of having deceived its investors.

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Apr 6, 2022 - 04:28 pm

Gogoro completes US IPO

Gogoro has completed its IPO in the US. The Taiwanese electric scooter and battery exchange provider completed its merger with the special purpose vehicle Poema Global and is now listed on Nasdaq under the ticker symbols ‘GGR’ and ‘GGROW’.

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Mar 29, 2022 - 01:06 pm

Tesla gears up for stock split

Tesla has confirmed that it is planning another stock split. According to the electric car manufacturer, it will ask its shareholders for approval for this at the next annual general meeting.

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Feb 23, 2022 - 04:43 pm

Geely plans to go public with Lotus Technology

The Geely brand Lotus wants to float its technology division Lotus Technology on the stock market in the next twelve to 24 months to raise capital for its electric campaign. It has not yet been decided whether the IPO will be carried out in Asia, London or New York, while the type of IPO is […]

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Jan 21, 2022 - 02:52 pm

Next.e.GO Mobile to hit the stock market

The Aachen-based electric car manufacturer Next.e.GO Mobile is planning a stock market listing in the first half of 2022. It remains unclear how the IPO will proceed: Allegedly, both a normal IPO and a SPAC deal are considered.

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Jan 10, 2022 - 05:12 pm

CALB plans to hit the stock market

The Chinese battery manufacturer CALB (China Lithium Battery Technology) is planning its IPO in Hong Kong. In doing so, CALB wants to raise about one billion US dollars – currently about 880 million euros – to finance further growth.

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Dec 10, 2021 - 02:22 pm

Daimler Trucks completes IPO in Frankfurt

The truck and bus manufacturer Daimler Truck, which was spun off from Daimler’s passenger car division on 1 December, has now started trading on the Frankfurt Stock Exchange. With the IPO, the commercial vehicle manufacturer wants to raise capital for its electrification offensive in the field of battery and fuel cell trucks, among other things.

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Dec 8, 2021 - 05:25 pm

ABB spins off electric mobility division

Swiss-Swedish technology group ABB is aiming to spin off its electric mobility division with its charging station business in the first half of 2022 and list it on the Swiss stock exchange. The company made the announcement on its capital markets day.

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Dec 6, 2021 - 12:22 pm

VinGroup aims to hit the US stock market in 2022

Vietnam’s conglomerate Vingroup plans to list its electric car division VinFast on the US stock exchange in the second half of 2022, raising at least three billion dollars. The company also aims to sell three times as many electric cars next year as previously planned.

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Nov 30, 2021 - 04:09 pm

Volocopter is withdrawing from planned US IPO

German electric air taxi developer Volocopter has cancelled its planned SPAC IPO in the US, according to a media report. This apparently emerges from investor letters that investors are said to have received a few days ago. With the cancellation of the deal, the approximately 750 small investors could all but go away empty-handed.

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Nov 30, 2021 - 12:56 pm

Sono Motors launches supervisory board

Sono Motors has presented its five-member supervisory board. The background is the company’s US IPO launched in mid-November: the ordinary shares of the Munich-based electric car start-up have been traded on the Nasdaq Global Market under the symbol “SEV” since 17 November.

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Nov 24, 2021 - 04:08 pm

Eni to build 31,000 charging points by 2030

The Italian energy company Eni has announced its intention to expand its charging network for electric cars to more than 31,000 charging points in Europe by 2030. An interim target of 27,000 chargers was also mentioned for 2025.

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Nov 10, 2021 - 12:10 pm

Rivian hits the stock market

The US electric car manufacturer Rivian is now completing its announced US IPO and placing 153 million shares on Wall Street at 78 US dollars each. Rivian is now listed on the Nasdaq Global Select Market under the ticker symbol RIVN.

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Nov 1, 2021 - 12:48 pm

BYD is releasing more stock to raise capital

BYD plans to raise the equivalent of around €1.53 billion in fresh capital by issuing 50 million new shares on the Hong Kong Stock Exchange. Meanwhile, the Group is expanding sales of its Han electric sedan to a number of countries in Latin America and the Caribbean.

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Oct 8, 2021 - 01:09 pm

Ebusco to hit the Amsterdam stock exchange

The Dutch electric bus and charging infrastructure manufacturer Ebusco is planning its IPO on Euronext Amsterdam. Through the IPO, which is to take place in the course of the coming weeks, Ebusco is aiming for gross proceeds of around 300 million euros.

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Oct 5, 2021 - 11:18 am

Volvo Cars to hit the stock market end of 2021

The Chinese car company Geely wants to list its Swedish passenger car subsidiary Volvo Cars on the Stockholm stock exchange before the end of this year. New shares are expected to raise gross proceeds of around 25 billion Swedish kronor (2.5 billion euros). Geely wants to remain the largest shareholder.

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Sep 27, 2021 - 12:38 pm

Polestar closing in on SPAC merger for IPO

Polestar is apparently close to completing the proposed SPAC merger with investment firm Gores Guggenheim that was first leaked in July. The official announcement could be made in the course of today, Monday.

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Aug 30, 2021 - 11:42 am

Rivian plans to hit the US stock market

The electric car manufacturer Rivian has filed its documents for an IPO with the US Securities and Exchange Commission (SEC). Furthermore, Rivian wants to carry out the IPO on its own and not, like many other eMobility companies, merge with an exchange shell.

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Aug 12, 2021 - 11:30 am

ADS-TEC to hit the US stock exchange via SPAC merger

ADS-TEC Energy, a provider of battery buffered fast-charging technology, has announced that it is going public on the US stock exchange. For this purpose, the company from Nürtingen near Stuttgart will merge with the SPAC company European Sustainable Growth Acquisition Corp (EUSG), which is already listed there.

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Aug 9, 2021 - 11:20 am

Vulcan Energy to hit the stock market

The German-Australian lithium producer Vulcan Energy is planning a dual listing on the stock exchanges in Australia and Germany. With the intended inclusion in the Prime Standard of the Frankfurt Stock Exchange, the company wants to become more attractive for European investors.

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Jul 27, 2021 - 01:52 pm

Microvast completes IPO by merging with Tuscan

Battery manufacturer Microvast has raised fresh capital through an initial public offering. Microvast launched on the Nasdaq on 26 July via a merger with Tuscan Holdings Corp. and raised around 822 million US dollars through the business combination on the closing date.

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Jul 27, 2021 - 11:19 am

Lucid Motors goes public

The Californian electric car manufacturer Lucid Motors is now listed on the stock exchange as LCID after a SPAC deal with Churchill Capital IV (CCIV). The share price rose significantly on the first day of trading on Nasdaq.

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Found on electrive.com
https://www.electrive.com/2022/05/15/renault-considers-spinning-off-e-mobility-business/
15.05.2022 15:52