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Direct-Public Listing Announced For DAT Electric Vans, Inc.


DAT Electric Vans
Proteus Van At Derek Automotive Dealership 2nd View
Derek Automotive Technologies, Inc. Corporate Logo
Derek Automotive Technologies Will Pursue a Regulated-Crowdfunding and Direct-Public Listing for DAT Electric Vans in 2021.
The company that starts with a T made electric vehicles cool. Derek Automotive Technologies is making them convenient for consumers to own.”
Derek BaileyPHILADELPHIA, PA, USA, December 28, 2020 /EINPresswire.com/ Hot on the heels of the competition, Derek Automotive Technologies, Inc. announced today that it will pursue a Direct-Public Listing for DAT Electric Vans, Inc., one of its accelerator companies. DAT Logistics intends to disrupt competitors in the electric commercial and delivery space, such as vehicle maker Electric Last Mile Solutions (ELMS), who recently announced going public in a $1.4 billion SPAC deal. The hallmark of DAT Electric Vans will be that it offers the first ‘self-charging’ electric ....

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Continental Sets Mid-term Targets


Continental Sets Mid-term Targets
HANOVER (dpa-AFX) - Continental presented its realigned strategy with which it aims to achieve annual organic growth of around 5 to 8 percent on average in the mid-term. In its Automotive Technologies group sector, Continental plans in the mid-term to exceed the expected average market growth of around 5 to 7 percent per year by around 2 to 4 percentage points. The company s aim is to achieve an adjusted EBIT margin for the Continental Group of between around 8 and 11 percent (excluding Powertrain Technologies).
Continental CFO Wolfgang Schäfer said: Growth that outpaces our markets and industries, an adjusted EBIT margin of around 8 to 11 percent and a return on capital employed of around 15 to 20 percent illustrate our ambitious yet realistic growth path. In addition, with a targeted cash conversion ratio of more than 70 percent, we will further increase our financial strength in the future. ....

Continental Group , Automotive Technologies , Powertrain Technologies , கண்டம் குழு , தானியங்கி தொழில்நுட்பங்கள் , போவேர்திறைந் தொழில்நுட்பங்கள் ,