Alcoa Corporation Declares Quarterly Cash Dividend
PITTSBURGH–(BUSINESS WIRE)–Alcoa Corporation (NYSE: AA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company’s common stock, to be paid on November 17, 2023 to stockholders of record as of the close of business on October 31, 2023. About Alcoa Corporation Alcoa (NYSE: AA) is […]
Tesla Releases Third Quarter 2023 Financial Results
AUSTIN, Texas–(BUSINESS WIRE)–Tesla has released its financial results for the third quarter of 2023 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update. As previously announced, Tesla management will host a live question and answer (Q&A) webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss […]
EVgo to Report Third Quarter 2023 Results on November 8, 2023
LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its third quarter 2023 financial results on Wednesday, November 8, 2023. This release will be followed by a webcast hosted by members of the EVgo management […]
ComEd Customers to Benefit from $50M DOE Grant to Increase Power Grid Reliability and Resiliency in Rockford
Competitive DOE grant will help local customers benefit from the next generation of smart grid technologies, support the equitable expansion of solar and EVs, and create new job training programs CHICAGO–(BUSINESS WIRE)–Following a competitive process, the U.S. Department of Energy (DOE) selected ComEd to receive $50 million in federal funding to enhance the power grid’s […]
Lendbuzz Completes $235 Million Asset-Backed Securitization
New Issuance is Company’s Largest Transaction to Date, Maintaining Record-Breaking Success BOSTON–(BUSINESS WIRE)– LBZZ 2023-3 will issue four classes of notes: Class A-1, Class A-2, Class B, Class C which Moody’s Investors Service (Moody’s) and Kroll Bond Rating Agency (KBRA) rated as NR/K1+(sf), A3/AA-(sf), Baa3/BBB+(sf) and NR/BB+(sf). J.P. Morgan acted as lead bookrunner and structuring […]
Soaking Up Ceramic Suds: MNV Auto Detailing opens drive-thru solution for high-end and ceramic-coated vehicles
Toronto, Ontario – MNV Auto Detailing has recently opened Toronto’s first drive-thru wash for high-end cars and cars with ceramic paint coatings. MNV Auto Detailing, an established car detailing and ceramic-coating business was first established in 2004 by Milad Nik as a mobile detailing service. In 2005, he started offering paint protection services. Nik announced […]
A Parliamentary Debate: AIA Canada members meet with MPs to discuss right to repair legislation
Ottawa, Ontario – On October 17, 2023, AIA Canada members met with Members of Parliament (MPs) and key political figures from across the country to advocate for the right to repair for the auto care industry. In a recent press release, AIA Canada president, JF Champagne stated, “What we asked MPs, and will continue to […]
Repairing Reputation: Why EVs aren’t as expensive to fix as initially projected
Toronto, Ontario – Electric vehicles have had a longstanding reputation for being way more expensive to repair after an accident than ICE vehicles. However, a recent study shows that this may not be entirely true, and that the data may be skewed. In a recent study made by collision repair software company Mitchell, the average […]
Battery Battle: New study reveals some EV batteries cost as much as a brand new car
Toronto, Ontario – A recent study made by Visual Capitalist using data from Benchmark Materials shows calculations for the replacement costs of different battery types in six existing and upcoming EVs. According to the study, many upcoming EVs that fall into SUV and pickup truck categories also have heavy batteries for extended driving range, and […]
Testing Tires: EV tires wear out faster, according to new study
Toronto, Ontario – A recent study made by Tire Rack aims at tackling the question of whether or not electric vehicles require specific tires. Tire Rack, an American tire company, recently added a Tesla Model 3 to its tire-testing fleet, allowing for expanded testing in areas of wet, dry and winter environments. After a year […]