Hotfire test at Ursa Major’s headquarters.. Photo: Courtesy Ursa Major. U.S. rocket propulsion startup Ursa Major said on Tuesday it was awarded a $12.5 million contract to build out production and ...

SAO PAULO (Reuters) -Brazilian motor maker WEG reported a 16.4% year-on-year rise in its first-quarter net profit on Wednesday, but fell short of market expectations as it warned about global ...

Bob Lutz rides again. And again. Everyone’s favorite former auto executive has saddled up with a new electric scooter company, investing a sizeable chunk of change into Current Motor and taking a spot ...

MILAN (Reuters) - Electric motor component maker EuroGroup Laminations said on Friday it would invest 50 million euros ($55 million) to expand its production capacity in Mexico to serve the automotive ...

Chinese electric vehicle startup Rox Motor Tech announced on September 22 that it has successfully completed a $1 billion fundraising round, with funding coming from the local aluminum producer ...

Nidec Corp., a major Japanese motor maker, announced Tuesday that it set up a restructuring committee on Oct. 30 headed by the company's president and CEO, Mitsuya Kishida. Nidec has been warned by ...

WASHINGTON, Sept 17 (Reuters) - U.S. rocket propulsion startup Ursa Major said on Tuesday it was awarded a $12.5 million contract to build out production and testing for new solid fuel rocket engines.

WEG's Q1 profit rises 16.4% but misses expectations JPMorgan notes slowdown in foreign revenue growth WEG confident in long-term prospects despite global uncertainties Shares fall 10.5% SAO PAULO, ...