SCIENCE APPLICATIONS INTERNATIONAL CORP Stock News

FPA Queens Road, an investment management firm, published its “FPA Queens Road Small Cap Value Fund” fourth-quarter 2021 investor letter – a copy of which can be downloaded here.

Jack Ma''s Alibaba Group Holding Ltd (NYSE: BABA ) has begun mass production of smart electric vehicles, the Register reports . Alibaba''s EV venture with state-owned automotive company SAIC, called IM Motors, will be ready for sales of the luxury sedan IM L7 on 29 March. SAIC''s factory in Shanghai''s Lingang Special Area manufactures the vehicles for deliveries in April. The vehicle … Full story available on Benzinga.com

FPA Queens Road, an investment management firm, published its “FPA Queens Road Small Cap Value Fund” fourth-quarter 2021 investor letter – a copy of which can be downloaded here.

MG Motor, owned by China''s SAIC Motor Corp, is planning to raise $350-500 million (₹2,650-3,800 crore) in private equity in India to fund its future needs, including expansion in electric vehicles (EVs). The maker of the Hector and Astor SUVs is seeking to tap the local market because of a delay in getting government approval for new investment from the Chinese parent.MG Motor India has already initiated talks with private equity investors, several people in the know told ET.The company is exploring setting up an EV subsidiary to bring in new investors. MG Motor may later go for a local public listing to provide an exit route to private equity investors or the parent may buy back their stake, said one of the people.An email sent to MG Motor India seeking comment did not elicit any response till press time Friday.Managing director Rajiv Chaba had told ET last year that the company was considering investing about ₹2,000 crore to expand capacity and bring in new products. It plans to launch a range of EVs, from a small hatchback with a starting price under ₹10 lakh, to a compact SUV and high-end D-segment SUV.

Alibaba and SAIC JV will unveil its first mass produced car Alibaba''s joint venture with SAIC has begun mass production of its first electric car, … Alibaba, Baidu, logistics, Momenta, Shanghai

MG Motor India, which is owned by China''s SAIC Motor, plans to raise funds to develop its Indian electric mobility business, three sources told Reuters, as Chinese investments face increased scrutiny by the government in New Delhi.

Grid Dynamics (GDYN) delivered earnings and revenue surprises of 11.11% and 13.14%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Reuters reports that MG Motor India, which is owned by… The post SAIC’s MG Motor India to raise funds for EV push appeared first on PageOne .

''MG Motor India has yet to finalise how much money it plans to raise, which will depend on the valuation of the Indian business and its growth plans''

AUBURN HILLS, Mich. , March 1, 2022 /PRNewswire/ -- Henniges Automotive Holdings, Inc., a leading supplier of highly engineered sealing systems for the global automotive market, today announced it has formed a strategic joint venture with Guizhou Guihang Automotive Components Co., Ltd., a manufacturer of automobile components in the China market. This strategic joint venture will combine the current Chinese operations of Henniges with Guizhou Hongyang Sealing Parts Co., Ltd. and Shanghai Hongyang Sealing Parts Co., Ltd. which are the subsidiaries of Guizhou Hongyang Automotive Components that hold its sealing systems business. The new joint venture is named Henniges ( China ) Sealing Systems Co., Ltd. with Henniges Automotive holding majority control. This strategic joint venture with Guizhou Guihang Automotive Components allows Henniges Automotive to further expand its reach into the China automotive market through complementary product offerings and a favorable footprint. With extensive expertise in sealing system solutions, Henniges Automotive provides a wide range of high-quality weather strips and seals to prevent water, air and dust from entering the vehicle and its critical spaces.

SAIC wins contracts worth $410 million in Q4 from the space and intelligence communities, which involve highly specialized services in digital and systems engineering as well as data analytics areas.

SAIC wins contracts worth $410 million in Q4 from the space and intelligence communities, which involve highly specialized services in digital and systems engineering as well as data analytics areas.

Science Applications International (SAIC) won $410M worth contracts from space and intelligence community organizations in fourth quarter of fiscal year 2022, bringing the full fiscal

A number of defense heavyweights will probably be lining up to take a look at Mantech International.