Hydrogen-powered driving company Nikola makes green solutions look sexy

When it comes to transportation and other industries heavily dependent on fossil fuels, what does create a stronger emotional commitment than the image of a Huracán 5.2 V10? Perhaps nothing, as far as the vast majority of zero CO2 emission vehicles look like Fred Flintstone’s “car”. However, Nikola’s founder Trevor…

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Manufacturing companies are converting production plants in response to Covid-19

During the coronavirus pandemic, corporations have been reacting to ensure business continuity, find new systems to generate revenues, as well as to contribute to the health crisis. A worldwide phenomenon of companies reconverting production facilities and R&D capabilities to support the fight against Covid-19 has been witnessed across industries. In…

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FCA and Peugeot strike a merger deal

Fiat Chrysler Automobiles (FCA) and Peugeot S.A. (PSA) merge into a new combined company, which would become the 3rd largest global Original Equipment Manufacturer (OEM) by combined revenues of nearly €170bn. FCA and PSA announced it issuing a joint press release and a proposed merger doc (see the documents below) on…

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Volkswagen bosses charged over emissions cheating

German authorities in Braunschweig have formalized the allegations of Volkswagen chief executive Herbert Diess, chairman Hans Dieter Poetsch and former CEO Martin Winterkorn of market manipulation in connection with the diesel emissions scandal that dates back to September 2015. The firm admitted in 2015 using illegal software to cheat on emissions tests. VW said…

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