Biyernes, Oktubre 29, 2021
Amazon discloses 20% stake in EV maker Rivian
Rivian, which is gearing up for an IPO, Rivian disclosed earlier this year that Amazon had invested more than $1.3 billion in the automaker and held almost 150 million shares of preferred stock, but the voting power as a percentage was redacted.
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Biden spending proposal backs union-made EV credit
Electric vehicles made by American manufacturers with union-represented workers would be allowed to offer an additional $4,500, a proposal automakers with non-unionized plants have objected to.
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Lear to buy Kongsberg Automotive's comfort seating unit for $202 million
Kongsberg deal gives Lear a larger suite of comfort seating products to enhance vehicle performance and packaging.
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Toyota invests $461 million in Kentucky complex; Lexus ES to move back to Japan
The Japanese automaker will also offer permanent jobs to 1,400 employees currently working there through Kelly Services, as well as to all future employees.
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Vietnam's VinFast wants to open U.S. showrooms in 2022 to take EV crossover preorders
With the appointment of a German auto veteran as CEO, Vietnam's VinFast Global intends to make good on its name by going global fast.
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How Kia and CarMax tap NBA, stars like Steph Curry to spark brand awareness
The auto brands have been expanding their sponsorship of pro basketball, which doesn't get as many viewers as football but generates high levels of consumer engagement.
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