Faraday Future Announces Plans for a Reverse Stock Split to Facilitate a Broader Range of Financing Opportunities, Updates Timing of Phase 2 Deliveries and Files a Form S-3 for Shelf Financing
LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its Board of Directors (the “Board”) has approved a proposal, to be submitted to stockholders for approval at a special meeting of stockholders, to authorize the Board to effect […]
EV/AV Report: Nailing down the Detroit Three, green deliveries and hope for hydrogen
Toronto, Ontario — Stellantis considers following Ford and GM’s lead in adopting NACS charging, FedEx Express Canada receives its first round of BrightDrop delivery vehicles and a Quebec company is out preaching the word of hydrogen power. This is the latest in electric and autonomous vehicles. Peer pressure Stellantis says it is currently weighing out […]
Stand Up Speak Out: What do you want from industry training?
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Vitamin K: Johnny K Group raises $7,000 at cystic fibrosis charity walk
Edmonton, Alberta — The incomparable Johnny K, of CARSTAR MSO fame, is proud to say that his group of Edmonton-area repair shops have managed to raise $7,000 for cystic fibrosis research. With the combined power of six CARSTAR facilities at his disposal, Johnny Kloeckes and his army of collision experts attended the “Walk to Make […]
Meeting in Moncton: CCIF hosts east coast forum
Moncton, New Brunswick — On June 8, the Canadian Collision Industry Forum (CCIF) hosted members of the industry for an evening of networking, leading up to the organization’s event at the Delta Hotels by Marriott Beauséjour. Collision Repair magazine was part of the networking action, of course—check out some of our photos from the event […]
Status Quo: MPI applies to utilities board for no rate change, expanded safety rating scale
Winnipeg, Manitoba — It’s the time of year when insurance companies come to the Public Utilities Board, hat in hand, pleading for its favour in the coming years—in this case, Manitoba Public Insurance is pleading for no rate changes for the 2024/25 fiscal year. The general rate application was submitted Thursday alongside a press release […]
A Strong Backfield: Edmonton Elks partner with Lordco Auto Parts for 2023 season
Port Coquitlam, British Columbia — Lordco Auto Parts first made its way into Alberta in 2019 and has quickly ingratiated itself with its new neighbours, announcing Wednesday that the company has signed on as a partner of the Edmonton Elks. The Western Canada parts suppliers said this team-up with the CFL football squad is a […]
