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Complaint Filed Against ElectraMeccanica in Connection With Termination of Arrangement

MESA, Ariz.–(BUSINESS WIRE)–ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, today announced that Tevva Motors Limited (“Tevva”) filed a complaint (the “Complaint”) in the United States District Court for the District of Arizona on November 3, 2023 against ElectraMeccanica, 1432952 B.C. Ltd. (“Holdco”), 1432957 B.C. Ltd. (“Parentco”) and Susan E. […]

Whillet Collaborates with Visa to Introduce Carment: A Next-Level Instant Payment Platform for the U.S. Used Car Market

PALO ALTO, Calif.–(BUSINESS WIRE)– Visa Direct provides a single point of access to billions of endpoints, helping transform global money movement by facilitating the delivery of funds to eligible cards, bank accounts and wallets around the world. Whillet’s Carment Instant Payment Platform uses Visa Direct’s real-time[1] payment capabilities and is designed to help make used […]

Cleveland-Cliffs Announces Price Increase for Hot Rolled, Cold Rolled and Coated Steel Products

CLEVELAND–(BUSINESS WIRE)–Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs’ minimum base price for hot rolled steel is now $1,000 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled […]

24/7 Sustainability: AkzoNobel launches 24-hour challenge to accelerate carbon reduction in the vehicle repair industry

Toronto, Ontario — AkzoNobel is aiming to reduce the collective carbon footprint of the vehicle repair industry, the coating company said alongside an announcement for an exciting November initiative. The Vehicle Repair (VR) Sustainability Challenge will bring together strategic partners from across the entire vehicle repair value chain, including insurance companies, fleet and lease companies, […]

Rivian Ramps Up: EV maker ramps up hiring in Canada

Toronto, Ontario — Rivian has announced that it will be ramping up hiring for its soon-to-open service centres in Alberta, Ontario and Quebec as it prepares to begin delivering vehicles to customers in early 2024. Specifically, the automaker expects to employ “a few dozen” staff at each of the new locations which will be featured […]

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