Tuesday Ticker: IAA launches market alliance with North America Trading L.L.C; while Northvolt announces Quebec battery plant will proceed despite bankruptcy filing
Toronto, Ontario — In this weekly Tuesday Ticker, IAA has announced that it has launched a new market alliance with North America Trading L.L.C. in the country of Oman; while Northvolt says that its Quebec battery plant will proceed despite Chapter 11 bankruptcy filing in the United States. A Middle Eastern merging Last Thursday, RB […]
Tuesday Ticker: Ford to pay near-record $165-million penalty on recall failure; Northvolt considers possibility of bankruptcy protections
Toronto, Ontario — In this weekly Tuesday ticker, Ford Motor Company has agreed to pay a near-record $165-million penalty to the National Highway Traffic Safety Administration (NHTSA) for allegations of failing to quickly respond to recall measures; while Northvolt is reportedly considering the possibility of bankruptcy protections in the United States. Fine finds Ford Motor […]
Tuesday Ticker: Analysts warn Tesla robotaxi event may fall short of expectations; European battery firm lays off workers, scales back plans
Toronto, Ontario — In this weekly Tuesday Ticker, Morgan Stanley warns that Tesla’s Oct. 10 event may fall short of wickedly high expectations. Plus, a Swedish-based battery firm faces further struggles. Building suspense for stock’s sake Tesla’s Robotaxi is set to debut at the company’s event on Oct. 10—but fans and analysts are worried the […]
Northvolt Moves South: Ottawa announces multi-billion dollar electric vehicle plant in Montreal
Montreal, Quebec – In a recent announcement made by CBC, Prime Minister Justin Trudeau and Quebec Premier François Legault were in Montreal Thursday to announce that a multi-billion dollar EV plant will be built east of the city. Executives with the Swedish company, Northvolt–battery manufacturer and the largest integrated battery maker in Europe–joined the political […]
