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Lyten acquires Northvolt’s Swedish battery assets
Yahoo Finance· 2026-02-27 17:34
US battery company Lyten has finalised the purchase of Northvolt’s battery manufacturing and research assets in Sweden and established an industrial hub at the Skellefteå site. The transaction includes Northvolt Ett and Ett Expansion in Skellefteå, along with Northvolt Labs in Västerås, carrying a combined book value of about $5bn. Together, the facilities comprise 16GWh of existing cell production capacity, more than 160 hectares of land and Europe’s “largest” battery R&D centre. In March, Northvolt f ...
QuantumScape's Solid-State Battery Strategy: What Investors Show Know
ZACKS· 2026-02-27 17:25
Key Takeaways QuantumScape inaugurates Eagle Line to prove scalable solid-state battery production in 2026.QS says Cobra is 25x faster than Raptor, boosting separator throughput and compactness.QuantumScape deepens Volkswagen, Murata and Corning ties to industrialize QSE-5.After more than a decade of development, 2026 is shaping up as a proving year for QuantumScape (QS) . While the company still remains pre-revenue but the story has shifted. This is no longer just about lab performance. It is about whether ...
Moderna Secures Landmark Vaccine Recommendation as VW Unit Draws €8B Private Equity Bids
Stock Market News· 2026-02-27 12:38
Key TakeawaysModerna (MRNA) received a positive CHMP opinion for its mCOMBRIAX vaccine, the world’s first combination flu and COVID-19 shot recommended for authorization.Blackstone (BX) and Brookfield (BN) have emerged as lead bidders for a €8 billion unit of Volkswagen (VOW3), highlighting intense private equity interest in industrial divestments.Kazakhstan is significantly shifting its energy logistics, targeting 2.5 million tons of oil exports to Germany in 2026 while maintaining a 65 million ton flow vi ...
VWAGY's Lamborghini Drops EV Launch, Accelerates PHEV Strategy
ZACKS· 2026-02-26 17:21
Key Takeaways Lamborghini drops its fully electric Lanzador, shifting the model to a PHEV strategy.Lamborghini cites limited demand and buyers' preference for V8 and V12 performance.VWAGY unit targets a fully hybrid lineup by 2030, delaying pure EV plans.Volkswagen (VWAGY) -owned Lamborghini has dropped plans to introduce its first fully electric vehicle (EV), marking a major shift in its electrification strategy. The move comes after an internal assessment of customer demand and overall market readiness fo ...
U.S. Supreme Court Tariff Ruling Won't Help Volkswagen Boost Profitability
Seeking Alpha· 2026-02-26 17:09
Core Viewpoint - The article discusses the expertise of a journalist in the automotive industry, highlighting their extensive experience and contributions to major publications [1]. Group 1 - The journalist has spent nearly their entire career focusing on business and economic subjects, particularly in the automotive sector [1]. - They have authored two books and are recognized as an expert in the world automotive industry [1].
Innoviz Technologies .(INVZ) - 2025 Q4 - Earnings Call Transcript
2026-02-25 15:02
Innoviz Technologies (NasdaqCM:INVZ) Q4 2025 Earnings call February 25, 2026 09:00 AM ET Company ParticipantsAda Menaker - VP of Corporate Development and Investor RelationsCasey Ryan - Director Of ResearchColin Rusch - Managing Director and Head of Sustainable Growth and Resource Optimization ResearchEldar Cegla - CFOJash Patwa - Equity Research AssociateOmer Keilaf - CEO, Co-Founder, and DirectorConference Call ParticipantsItay Michaeli - Equity AnalystMark Delaney - Managing Director and Senior Equity An ...
Innoviz Technologies .(INVZ) - 2025 Q4 - Earnings Call Transcript
2026-02-25 15:02
Innoviz Technologies (NasdaqCM:INVZ) Q4 2025 Earnings call February 25, 2026 09:00 AM ET Company ParticipantsAda Menaker - VP of Corporate Development and Investor RelationsCasey Ryan - Director Of ResearchColin Rusch - Managing Director and Head of Sustainable Growth and Resource Optimization ResearchEldar Cegla - CFOJash Patwa - Equity Research AssociateOmer Keilaf - CEO, Co-Founder, and DirectorConference Call ParticipantsItay Michaeli - Equity AnalystMark Delaney - Managing Director and Senior Equity An ...
Innoviz Technologies .(INVZ) - 2025 Q4 - Earnings Call Transcript
2026-02-25 15:00
Innoviz Technologies (NasdaqCM:INVZ) Q4 2025 Earnings call February 25, 2026 09:00 AM ET Speaker8Ladies and gentlemen, thank you for standing by. Welcome to Innoviz's fourth quarter 2025 earnings call. Our presentation today will be followed by a Q&A session, at which time, if you wish to ask a question, you will need to either raise your hand using your mobile or desktop application or press star nine on your telephone keypad and wait for your name to be announced. I must advise you that this call is being ...
BMW in talks with EU on tariff exemption for 'Made in China' Minis, Handelsblatt reports
Reuters· 2026-02-25 11:19
Core Viewpoint - BMW is in discussions with the European Commission regarding a potential minimum pricing model to replace EU tariffs on its Chinese-made Mini electric vehicles, following a similar agreement for Volkswagen's SEAT/Cupra brand [1][2]. Group 1: Negotiations and Tariff Exemptions - BMW and the European Commission are negotiating a solution that involves a minimum import price to potentially exempt BMW's Chinese-made electric vehicles from tariffs [2]. - This negotiation follows an agreement between Brussels and Volkswagen, which secured a tariff exemption for its all-electric Tavascan SUV coupe [1][2]. Group 2: Current Tariff Situation - The EU imposed tariffs on China-made electric vehicles at the end of October 2024, with a specific tariff rate of 20.7% for BMW, which manufactures the electric Mini Cooper and Mini Aceman in China [3]. - BMW is also involved in a legal challenge against the EU tariffs alongside other car manufacturers [2].
Global Markets: RBA Signals Policy Patience, USD/JPY Hits Two-Week High, and German Chancellor Merz Meets Xi in Beijing
Stock Market News· 2026-02-25 09:38
Key TakeawaysRBA Governor Michele Bullock emphasized the need for "patience" in assessing monetary policy after raising the cash rate to 3.85% to combat persistent inflation.The USD/JPY pair surged 0.32% to reach a fresh two-week peak of 156.45, reflecting continued divergence in global interest rate expectations.German Chancellor Friedrich Merz arrived in Beijing for high-stakes talks with President Xi Jinping, focusing on trade relations and the impact of new US tariffs.Russian authorities imposed a new f ...