Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Lotus Technology Inc.
NEW YORK–(BUSINESS WIRE)–Deutsche Bank announced today its appointment as depositary bank for the American Depositary Receipt program of Lotus Technology Inc. Lotus Technology Inc. (NASDAQ: LOT) is a leading global luxury electric vehicle maker dedicated to delivering sustainable luxury mobility via research and development of proprietary next-generation technologies, including in autonomous driving, lightweight engineering, and […]
Sunoco and Energy Transfer Sign First Joint Multi-Year Partnership With Stake F1 Team KICK Sauber
Sunoco branding to be unveiled at the 2024 Miami Grand Prix in Miami Energy Transfer branding to be unveiled at the 2024 United States Grand Prix in Austin, Texas DALLAS–(BUSINESS WIRE)–Sunoco LP (NYSE: SUN) and Energy Transfer LP (NYSE: ET), both based in Dallas, announced today they have signed an agreement with Switzerland-based Sauber Motorsport […]
Runaway Cars: Toyota Canada recalls 28,000 vehicles over transmission flaw; wheels may continue to move while vehicle in neutral
Toronto, Ontario — Toyota Canada is recalling more than 28,000 vehicles due to a transmission problem that can lead to increased collisions, says the auto manufacturer. Specific models affected by the recall include the 2023 to 2024 model-year Toyota Tundra, Sequoia and Lexus LX 600. The reason for the recall has to do with certain […]
Certification Success: CSN–Dana’s Collision Center officially certified by Certified Collision Care
Fredericton, New Brunswick — CSN–Dana’s Collision Center has announced that it has been officially certified by Certified Collision Care, a division of OEC. According to a recent press release, CSN–Collision Center received this certification for maintaining the right tools, equipment, training, and facilities necessary to repair participating automaker brand vehicles to the manufacturer’s specifications. Moreover, […]
Shake it Off: Chinese EV ET9 can shake off snow like a dog
Toronto, Ontario — Chinese electric vehicle (EV) automaker, Nio, recently shared a video of its ET9 independently cleaning itself of snow by performing a full-body shake. In the video, the ET9 performs a full-body shake to clear large chunks of snow off the windshield, roof, and rear window in a few seconds. The maneuver is […]
Reconsidering Rates: Ontario government considering changes to vehicle collision reporting threshold
Ottawa, Ontario — The Ontario government is considering changing the threshold for Property Damage Only (PBO) collision reporting from $2,000 to $5,000. This change, if passed, will more than double the damage value required before a crash must be reported to police. Minister of Transportation Prabmeet Sarkaria originally told CTV News Toronto that the dollar […]
EV/AV Report: Electric vehicle go for a swim; while autonomous vehicles deliver UberEats
Toronto, Ontario — In this weekly electric and autonomous vehicle report, Tesla’s Cybertruck gets its “Wade Mode” put to the test; while UberEats partners with Mitsubishi Electric and robotics company Cartken to begin transporting food using self-driving robots. A cyber-swim Taras Maksimuck of the Youtube channel TechRax recently drove his Cybertruck into deep water to […]
