Hagerty receives USD 105 Million in Capital from investors
Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, recently announced that the company is raising $105 million in capital from existing strategic investors including State Farm, Markel Group and the Hagerty family. This capital raise is comprised of $80 million of convertible preferred equity, which closed on June 23rd, […]
Polestar and Luminar extended partnership to more vehicles
Polestar and Luminar announced plans to deepen their partnership by expanding the integration of Luminar’s technology on the Polestar 5 – the electric 4-door GT expected to launch in 2024 based on the Polestar Precept concept car. This expanded partnership provides a foundation to further collaborate on lidar integration and design on Polestar’s future vehicles. […]
Mohammed bin Saud Al Qasimi sets the cornerstone for Tasjeel’s site in Sharjah
ENOC’s Tasjeel, the UAE’s first and largest testing and registration centre, in collaboration with Sharjah Asset Management, marked the ground-breaking of its first site offering testing services for both light vehicles and heavy vehicles. Located in Al Sajaa in Sharjah, the new site brings the total number of testing centres in the Emirate to 13. […]
Businesses where AI may Bring Massive Changes
Throughout the most recent few decades, propels in designing and programming have prompted numerous improvements that appear to spring up at dramatic rates. One of these applications and utilizations is with man-made consciousness which is being utilized for corporate advances just as improvements in people groups’ everyday lives secretly and expertly. We as of now […]
