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Lotus EV division enters SPAC deal, will list on Nasdaq

Motor Authority

Lotus Technology, a division of Lotus responsible for development of electric vehicles, is about to go public via a SPAC deal.

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What’s Still Needed To Truly Maximize Digital Deal Jackets

Dealer World

Today's leading auto retailers widely recognize the significance of digital deal jackets in their operations. However, just utilizing a digital deal jacket isnt enough, especially since only 20% of dealers said they utilize a digital copy of a persons drivers license even with a digital deal jacket.

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Nissan and Honda Call Off Merger Failing to Agree on $58bil Deal

Car Examer

Nissan and Honda call off merger talks, ending months of speculation about a potential $58 billion deal that would have created the worlds third-largest automaker. With tensions high and no middle ground in sight, both companies have now walked away from the deal. Without an agreement on who would call the shots , the deal collapsed.

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Lunaz Applied Technology: bin lorry electrifier enters administration

Autocar

UK firm folds before starting production of converted diesel HGV; classic car electromodding business unaffected Commercial vehicle electrification firm Lunaz Applied Technologies (LAT) has entered administration, with the loss of around 40 jobs. This means the business entity Lunaz Applied Technologies has stopped operations.

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VW to build QuantumScape solid-state batteries under license

Motor Authority

Volkswagen Group has reached a deal to license solid-state battery technology from QuantumScape, a U.S. battery startup that counts the German automaker as a key investor. Solid-state batteries hold the potential to offer significantly longer range, faster charging times, reduced costs, and enhanced safety for electric vehicles.

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Prejudging No-Credit Buyers is Costing You Deals

AutoSuccessOnline

Anyone who’s ever sold cars for a living has had this experience: a customer walks into your showroom, they express great interest in a particular vehicle, then the deal falls apart practically before it even begins. The post Prejudging No-Credit Buyers is Costing You Deals appeared first on AutoSuccessOnline.

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Genesis Reportedly Nears Deal With Lucid Motors For Special EV

Carscoops

The deal holds immense potential for the entire Hyundai, Kia, and Genesis family. The focus of this arrangement revolves around Lucid’s electric motor technology, which would be integrated into future Genesis models including a production version of the Concept X convertible.

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