Tag: Maker
Porsche IPO: why sports car maker could be valued at £66 billion
► What the 2022 Porsche IPO means► Background to the initial public offer► Why Porsche is worth nearly £70bn Porsche’s IPO looks set to value Germany’s most famous sports car brand at up to €75 billion (£66bn) when it is floated on the stock market later this month. Parent Volkswagen has told investors that preferred shares will be
Herbert Diess to become chairman of chip maker Infineon
In 1999, the 175-year-old German company Siemens spun off its semiconductor arm into an entity called Infineon, based just outside Munich. Infineon has done nothing but grow since then. When it purchased U.S. chip maker Cypress Semiconductor in 2020, Infineon says it became one of the world’s top 10 chip makers, having the automotive industry
Under EV Investor Ideanomics, Electric Motorcycle Maker Energica Looks Beyond Just Building Bikes
The new Energica Experia electric motorcycle is fast, but trades away some horsepower for longer … [+] range from its large battery. Energica American EV investment firm Ideanomics (IDEX) completed their purchase of Italian electric motorcycle maker Energica Motor Company late last year, and both a new motorcycle model and new expansion plans show that