Latest news with #deVries
Arab News
03-05-2025
- Automotive
- Arab News
Mahindra Racing secures season-best result in Monaco E-Prix as Rowland takes first place
MONACO: Mahindra Racing recorded its strongest result of the ABB FIA Formula E World Championship season to date with a second-place finish in the opening Monaco E-Prix on Saturday. For the latest updates, follow us @ArabNewsSport Nyck de Vries secured a runner-up finish in the Principality behind eventual winner Oliver Roland of Nissan, while team-mate Edoardo Mortara crossed the line in fourth, moving Mahindra up to third in both the Teams' and Manufacturers' standings. Jake Dennis scored the third and final podium sport for Andretti. The team had arrived in Monaco on the back of nine consecutive points finishes and a perfect Duels qualification record so far in Season 11 with its M11Electro car. That consistency continued in qualifying, where de Vries advanced to the Semi-Finals and secured fourth on the grid. Mortara qualified ninth, giving Mahindra two cars in the top 10. De Vries made a strong start, moving into third at the first corner before managing his race through two full-course yellow periods, a mandatory PIT BOOST stop – which requires a 34-second stationary recharge – and two Attack Mode activations. He moved into second in the closing stages and held position to the flag despite late pressure from behind. 'I'm very happy to be on the podium today, especially in front of my family and friends here in Monaco,' said de Vries. 'The car was excellent, and we executed a very strong race strategically, so the whole team deserve a lot of credit for the work that we've done. 'Tomorrow is another day, and another race, but we'll enjoy this result, and it's great to have some confirmation of the progress we're continuing to make, and a reward for the work we've done so far. We know the next steps will be harder, but this is encouraging.' Mortara also moved forward through the race despite running with minor front wing damage following contact from another car. He climbed from ninth on the grid to fifth by managing his energy and using the PIT BOOST period to gain track position. He passed Nico Mueller on the final lap to take fourth. 'It's a strong result for the team, and I was very happy to come through the field and score some good points today,' said Mortara. 'Even with some minor damage, we were able to make progress and fight towards the front, which is very encouraging and another sign we are on the right path with our development of this new package. 'It's a great start to the weekend, and hopefully we can have another positive result tomorrow.' Team Principal and CEO Frederic Bertrand praised the team's performance and execution, particularly under the new PIT BOOST format that was introduced this season. 'These are the days we've been working towards as a team, and it's important to enjoy them whilst also being hungry for more,' said Bertrand. 'Today was a great example of what we have been building. We've extended our run of qualifying for the Duels and scoring points in every race this season, and I was particularly pleased to see not only how Nyck was able to fight at the front, but how Edo moved through the pack despite some small damage. 'PIT BOOST races are still a bit of an unknown for the whole paddock, but our engineers and mechanics executed a great strategy, and we were able to use it to our advantage again, as we did in Jeddah. 'Overall, a very pleasing result. It's always nice to end the day with a trophy, but our focus remains to keep up this level of performance consistently and keep being ambitious and aim for even higher.' Mahindra will return to action on Sunday for the second Monaco E-Prix of the weekend.
Yahoo
06-03-2025
- Automotive
- Yahoo
ACEA welcomes EU ‘action plan' for automotive sector
The European vehicle makers' trade association, ACEA, has welcomed the latest EU plan to support Europe's automotive industry amid competitive challenges and rapidly advancing technologies – especially in the contect of the transition to electric mobility. However, ACEA also said 'key elements are still missing' (such as a review of CO2 standards for heavy duty vehicles). Ambitious actions to boost infrastructure, demand incentives, and measures to reduce manufacturing costs are needed for cars, vans, trucks, and buses, ACEA said. ACEA welcomed a new three-year flexibility to meet CO2 targets, a major element in the new European Commission 'Action Plan'. 'The [EU] Action Plan identifies many key fields where immediate work is needed. The proposed flexibility to meet CO2 targets in the coming years is a welcome first step towards a more pragmatic approach to decarbonisation dictated by market and geopolitical realities. It holds the promise of some breathing space for car and van makers, provided the much-needed demand and charging infrastructure measures now also actually kick-in,' stated Sigrid de Vries, Director General of the European Automobile Manufacturers' Association (ACEA). 'Nonetheless, despite outlining several promising measures to boost the rollout of infrastructure and uptake of zero-emission heavy-duty vehicles, this vehicle segment is still missing explicit commitment to launch the review of CO2 standards in 2025, including an urgent assessment of enabling conditions,' added de Vries. Besides the flexibility on CO2 targets, the plan proposes the establishment of a "Battery Raw Materials Access Entity". This entity will help car manufacturers get the raw materials they need by pooling their commitments and investments. The Commission will support this entity, 'making it easier and cheaper for companies to access the materials they need'. The plan also aims to speed up the permitting process for battery materials refining, going 'beyond the already identified Strategic Projects under the Critical Raw Materials Act and provide more support for recycling, including funding for recycling facilities'. The Commission will also 'provide additional support to enhance cooperation in battery recycling amongst industry'. More from the European Commission on the plan details "ACEA welcomes EU 'action plan' for automotive sector" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
10-02-2025
- Business
- Yahoo
Pharming Group to participate in February investor conference
Leiden, the Netherlands, February 10, 2025: Pharming Group N.V. ('Pharming') (Euronext Amsterdam: PHARM/Nasdaq: PHAR) announces that Pharming's management will participate in the following investor conference in the month of February: Oppenheimer 35th Annual Healthcare Life Sciences Conference, Virtual, February 11-12, 2025Sijmen de Vries, Chief Executive Officer and Anurag Relan, Chief Medical Officer, will present on Wednesday, February 12 at 08:40 ET/14:40 CET. A live webcast and replay of the presentation will be available in the 'Upcoming Events' and 'News' sections of Pharming's website. For more information about this conference, or to schedule a one-to-one meeting with Pharming's management team, please contact Pharming's Investor Relations team at investor@ or your Oppenheimer representative. About Pharming Group Group N.V. (EURONEXT Amsterdam: PHARM/Nasdaq: PHAR) is a global biopharmaceutical company dedicated to transforming the lives of patients with rare, debilitating, and life-threatening diseases. Pharming is commercializing and developing an innovative portfolio of protein replacement therapies and precision medicines, including small molecules and biologics. Pharming is headquartered in Leiden, the Netherlands, and has employees around the globe who serve patients in over 30 markets in North America, Europe, the Middle East, Africa, and Asia-Pacific. For more information, visit and find us on LinkedIn. For further public information, contact:Pharming Group, Leiden, the NetherlandsMichael Levitan, VP Investor Relations & Corporate CommunicationsT: +1 (908) 705 1696E: investor@ FTI Consulting, London, United KingdomVictoria Foster Mitchell/Alex Shaw/Amy ByrneT: +44 203 727 1000 LifeSpring Life Sciences Communication, Amsterdam, the NetherlandsLeon MelensT: +31 6 53 81 64 27E: pharming@ Attachment Pharming attending Investor Conferences February 2025_EN_10FEB25
