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Ford Announces Separation Of Legacy Auto and EV Businesses To Give 'Startup Speed'
Wednesday, March 2, 2022 - 10:27am | 834After weeks of speculation, Ford Motor Company (NYSE: F) confirmed it is taking steps to unlock value of its EV business and improve operational efficiency, while also scaling EV manufacturing. What Happened: Ford said on Wednesday it will create distinct EV and internal combustion businesses in a...
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Backed By Ford And BMW, Battery Company Solid Power Exploring SPAC Deal: Report
Wednesday, June 9, 2021 - 12:55pm | 480A company focused on developing solid-state batteries is exploring a SPAC merger, according to a report from Bloomberg. What Happened: Solid Power is exploring a SPAC merger with Decarbonization Plus Acquisition Corp III (NASDAQ: DCRC). A deal could value Solid Power at $1.2 billion and would come...