Press Releases

Electra Battery Materials Corporation today released updated economics and capital spend estimates for its refinery complex currently under construction north of Toronto. Pending completion, Electra’s refinery complex will be the first in North America to integrate the production of critical minerals, including cobalt sulfate and nickel sulfate, needed for the electric vehicle battery supply chain and the processing of black mass material designed to recover high value element

Open Lending Corporation  an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today released its Lending Enablement Benchmark report. The goal of the research is to uncover how financial institutions are using technology to adapt to an ever-evolving auto lending environment. The report reveals that Lending Enablement Solutions are playing a clear and decisive role in improving decisioning speed, increasing Return on Assets (ROA

The Goodyear Tire & Rubber Company today announced a new tread formulation for its ultra-high performance, all-season ElectricDrive™ GT tire, tuned for electric vehicles, in size 235/40R19. The specialized tread compound that provides enhanced all-season traction will include Monolith carbon black produced by methane pyrolysis. In doing so, Monolith and Goodyear are taking the next step on a journey toward zero-emissions carbon black in tire manufacturing. This tire, which

Dayco has a rich history in the global design & manufacturing of propulsion products for the automotive, heavy-duty, and industrial markets. That product offering expands with the recent addition of the company’s alternator decoupler pulleys (ADP).  Dayco’s premium alternator decoupler (also known in the industry as an overrunning alternator decoupler), will serve the world’s leading alternator suppliers and ultimately the vehicle manufacturers.  In support of

Flux Power Holdings, Inc. a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced it has completed UL Solutions compliance testing to obtain third-party, science-backed certification for its next-generation clean energy battery technology. The new Flux Power G2 Series platform introduces a line of heavy-duty battery packs with safe, stable lithium iron phosphate chemistry. “As we expand relationsh

Pre-Switch®, Inc., the company that has developed the world’s first AI-based forced-resonant, soft-switching technology enabling ultra-efficient DC/AC, AC/DC inverters running at 100kHz and above, has added the ability to reprogram its Pre-Flex™ soft-switching motor/inverter SoC, enabling products in development or in the field to be updated to give even higher performance. At the same time, the company has announced that the Pre-Flex ICs also now include an embedded digital o

Transphorm, Inc. global leader in fundamentally superior, quantitatively outperforming GaN power semiconductors—today announced availability of its 1200 V FET simulation model and preliminary datasheet. The TP120H070WS FET is the only 1200 V GaN-on-Sapphire power semiconductor introduced to date, making its model the first of its kind. Its release indicates Transphorm’s ability to support future automotive power systems as well as three-phase power systems typically used in the br

AVIVA Links Inc., the automotive connectivity company enabling the most advanced multi-gigabit links for in-vehicle networks, today announced that it will be at AutoSens Detroit 2023 demonstrating OMNIVISION’s in-vehicle camera sensor to processor connectivity using Aviva’s ASA Motion Link technology. A multi-gigabit standards-based solution has been the critical piece needed to drive the development of a new generation of intelligent and autonomous vehicles and represents a signi

Automotive cybersecurity and mobility solutions company AUTOCRYPT released a comprehensive key management solution dedicated to the automotive industry. "AutoCrypt KEY" enables OEMs and suppliers to efficiently manage all types of cryptographic keys used for the components of connected and electric vehicles. Modern vehicles function through communications, including internal communications between ECUs and application processors, and external connections with nearby vehicl

BorgWarner has been selected by a global power technology leader to supply battery packs for a series of electric buses. BorgWarner will provide a pair of standardized ultra-high energy packs and a battery management system that the company will integrate into its electrification package for each vehicle. The package will be sold to an electric bus manufacturer in Georgia. "We are eager to work together with our electric powertrain customer as we continue to cultivate and grow

DXC Technology a leading Fortune 500 global technology services company, today announced it has signed a multi-year agreement with Scuderia Ferrari, the racing division of Ferrari N.V. including a commitment to engineer the latest in automotive digital solutions, elevating the performance and driving experience. DXC brings together customized, end-to-end technology to provide engineering solutions that power the automotive industry. DXC is working with Ferrari on a unified and scala

Marchex, Inc. the award-winning AI-powered conversation intelligence company that helps businesses turn strategic insights into the actions that drive their most valued sales and marketing outcomes, today announced that it has launched Marchex Spotlight for Automotive (www.marchex.com/products/spotlight-conversation-analytics), a key addition to the company’s conversation intelligence platform. Spotlight enables original equipment manufacturers (OEMs), brand, and dealer customers to inc

Hino Trucks has signed a distribution agreement with Hexagon Purus to exclusively distribute a complete battery electric tractor. This tractor will utilize Hexagon Purus' proprietary zero-emission technology, including battery systems, auxiliary modules, power modules and the vehicle-level software and is developed to operate on Hino's XL 4x2 tractor cab chassis. During the ACT Expo Show, Hino Trucks displayed an early development prototype of this said vehicle. Production o

Freightliner, a leading manufacturer of medium- and heavy-duty trucks and a division of Daimler Truck North America LLC, today unveiled the series production eM2 for pick-up and delivery applications, which is ready to order and will start production in fall this year. At the same time, Freightliner has introduced an innovation eM2 medium-duty truck with the goal to learn from real-world customer experiences in vocational applications. "Expanding our electric product portfolio

Cabot Corporation today announced the launch of its new ENTERA™ aerogel particles portfolio. ENTERA aerogel particles are a thermal insulation additive designed to enable the development of ultra-thin thermal barriers for electric vehicle (EV) lithium-ion batteries. In this portfolio, Cabot has launched three ENTERA aerogel products that formulators can incorporate into a range of thermal barrier forms including blankets, pads, sheets, films, foams and coatings. Vehicle fleets