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British Steel wins contract to provide materials for Egypt's Green Line | Engineering and Technology Magazine

The firm will supply around 9,500 tonnes of rail track for Egypt’s Green Line, which will be produced in Scunthorpe.

Egypt , Red-sea , Djibouti-general- , Djibouti , El-alamein , Matru- , Arab-contractors , Al-qahirah , China , Scunthorpe , North-lincolnshire , United-kingdom

Tata group | Tata Steel UK takes fresh guard after spending £6.8 billion over 16 years to cover losses

In other words, the company spent more to keep the UK business running than it paid to acquire the UK and Netherlands operations

Netherlands , India , Port-talbot , Neath-port-talbot , United-kingdom , Scunthorpe , North-lincolnshire , Rotherham , Thailand , British , Tata-steel

VanMoof 2.0: a new hope

The electric bike company’s new leadership outlines its post-bankruptcy plan to relaunch and expand into more areas of e-mobility.

Netherlands , London , City-of , United-kingdom , Amsterdam , Noord-holland , Germany , Dutch , Nick-fry , Wertheimer-vanmoof , Albert-nassar , Elliot-wertheimer

Will Tata Steel's global stride with new deal aid profitability?

It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration.

The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel.

There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.

India , Port-talbot , Neath-port-talbot , United-kingdom , Ijmuiden , Noord-holland , Netherlands , Jamshedpur , Jharkhand , China , Dutch , Russi-lala

McLaren warns over future as it scrambles for cash injection

Carmaker seeks further investment after production problems deepen losses

Bahrain , Saudi-arabia , San-francisco , California , United-states , United-kingdom , Bahraini , British , Michael-leiters , Ferrari , Saudi-arabia-public-investment-fund , Bahrain-mumtalakat-holding-company

McLaren Applied Shows Off New 800V Inverter For EVs

McLaren Applied says its innovative new inverter has been developed to work with various different electric motors and transmissions

United-kingdom , British , Paolo-bargiacchi , Evs-mclaren-technology-centre , Mclaren-group , Mclaren-applied , Laren-applied-shows-off-new , Inverter-for , Mclaren-technology , Greybull-capital ,

McLaren Applied's Lavoie buys bankrupt Dutch e-bike maker VanMoof

LONDON/AMSTERDAM (Reuters) -Lavoie, the electric scooter unit of Formula One engineering and technology firm McLaren Applied, said on Thursday it has agreed to buy bankrupt premium Dutch e-bike maker VanMoof and will invest to stabilize and expand its business. Lavoie and McLaren Applied did not disclose terms for the purchase, but McLaren Applied Chairman Nick Fry told Reuters that including the capital needed to stabilize VanMoof there would be an investment of "tens of millions" of pounds "in the short term." "This is a huge opportunity for us as this (VanMoof) is a company with a brilliant product," Fry said.

Amsterdam , Noord-holland , Netherlands , Dutch , Nick-carey , David-holmes , Nick-fry , Reuters , Mclaren-group , Formula-one , Mclaren-applied , Mclaren-applied-chairman-nick-fry

McLaren Vanmoof Buy: McLaren Applied's Lavoie buys bankrupt Dutch e-bike maker VanMoof, ET Auto

McLaren Vanmoof Buy: VanMoof was declared bankrupt on July 18. It sold around 200,000 electric bikes for more than 2,000 euros (USD 2,176) each before going bankrupt, partly due to high maintenance costs.

Netherlands , Dutch , Nick-fry , Reuters , Mclaren-group , Mclaren-applied , Formula-one , Mclaren-applied-chairman-nick-fry , Greybull-capital , Silicon-valley , Norwest-venture , Nasdaq-listed-micromobility

VanMoof e-bikes finds a buyer

Lavoie is buying bankrupt e-bike maker VanMoof. The e-mobility subsidiary of McLaren Applied announced today that it has entered into a definitive agreement to acquire the VanMoof e-bike business.

Netherlands , Taiwan , United-kingdom , Dutch , Financieele-dagblad , Nick-fry , Eliott-wertheimer , Reuters , Shimano , Mclaren-group , Mclaren-applied , United-kingdom-based

Scooter business backed by F1 supplier buys VanMoof

VanMoof imploded amid mounting complaints over the quality of its bikes

Amsterdam , Noord-holland , Netherlands , United-kingdom , British , Dutch , Nick-fry , Eliott-wertheimer , Elon-musk , Mclaren-group , Laren-applied , Greybull-capital