UL, the global safety science leader, and Hyundai Motor Company, a global enterprise aiming to revolutionize the mobility value chain and sustainability, have entered into an agreement to help further the safe deployment and use of second life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a July 23 ceremony at UL's offices in Seoul, South Korea, formalized the relationship between the two companies. UL and Hyundai will collaborate on

Tobii today announces its entry into mass market automotive integrations with the release of its Driver Monitoring System, Tobii DMS, the acquisition of Phasya, and several new partnerships. Over the past 20 years, Tobii has built global leadership positions in eye tracking and attention computing across numerous markets, including Healthcare, Behavior Research, VR/AR, and gaming. Now, Tobii is adding another strategic high-growth focus area to its portfolio by announcing that it ha

Zukunftswerkstatt 4.0, which translates to “Workshop for the Future 4.0,” and Siemens Advanta, Siemens’ Business Unit for digital transformation consulting and implementation, are jointly exploring innovative technologies that span the customer journey in the field of automotive sales and after-sales. The aim is to develop new approaches for digital products and services in all areas related to connected electric vehicles and autonomous driving – and thus help shape th

LCI Industries announced that its wholly-owned subsidiary, Lippert Components, Inc., a supplier of a broad array of highly engineered components for the leading original equipment manufacturers (“OEMs”) in the recreation and transportation product markets, and the related aftermarkets of those industries, has entered into a definitive agreement to acquire Furrion Holdings Limited (“Furrion”), a leading distributor of a large range of appliances and other products to OE

REV Group, Inc., a U.S. based manufacturer of industry-leading specialty vehicles, announced today that its subsidiary REV Group International, Inc. has completed the previously announced sale of REV Brazil to Aetreum Holdings effective August 2, 2021. Financial terms were not disclosed. Following completion of the transaction, REV Group, Inc. and REV International, Inc. no longer hold manufacturing or other operations in Brazil. About REV Group REV Group

Carlisle Companies Incorporated today announced that it has completed the sale of Carlisle Brake & Friction to CentroMotion of Waukesha, Wisconsin. About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative Building Envelope products and energy-efficient solutions for customers creating sustainable buildings of the future. Through its Construction Materials (CCM) business and family of leading brands, Carl

Hyliion Holdings Corp., a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that Detmar Logistics LLC has executed a reservation agreement covering 300 Hypertruck ERX™ systems. The agreement is part of Hyliion’s latest collaboration with the Texas-based frac sand solutions provider, whose reservation marks the next step in their continued effort to fully electrify their fleet over the next five years. Detmar is actively expanding their fleet opera

Polaris, the world leader in powersports and off-road innovation, today announced its collaboration with industry leader Rhino-Rack® on a line of premium storage solutions and accessories designed specifically for RANGER and GENERAL vehicles. The industry-leader in the off-road world will be complemented by a trusted brand in outdoor adventure accessories, including durable and easy-to-use roof racks, bed racks and other accessories to help users get more done or stay organized for the ne

Hyliion Holdings Corp., a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced a long-range variant of the Hypertruck ERX™, which will be the first version brought to market. This enhanced option, which will offer 75 miles of all-electric range, will enable Hypertruck ERX™ equipped production trucks to qualify for zero-emission vehicle (ZEV) credits by meeting California’s Advanced Clean Truck (ACT) Rule. The Hypertruck ERX™ wil

Sonic Automotive, Inc., a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the acquisition of Grand Junction Subaru and Grand Junction Volkswagen in Grand Junction, Colorado. “We are very excited to add these two great franchises to the Sonic Automotive family, further strengthening our automotive sales and service network in the Colorado market,” said David Smith, Chief Executive Officer of Sonic Automotive and EchoPark Aut

NI CONNECT - NI and Seagate® Technology Holdings (NASDAQ: STX), a world leader in data storage infrastructure solutions, today announced a new collaboration to enhance data storage and transfer services, including a first-of-its-kind advanced driver-assistance systems (ADAS) record offering. The announcement was made during NI Connect, the test and measurement company’s premiere digital event for engineers. The new ADAS record offering combines NI’s high performance

Skyworks Solutions, Inc., an innovator of high-performance analog semiconductors connecting people, places and things, today announced that it has completed its acquisition of the Infrastructure & Automotive business of Silicon Laboratories Inc. in an all-cash asset transaction valued at $2.75 billion. “On behalf of the entire Skyworks organization, I want to welcome the Infrastructure & Automotive team,” said Liam K. Griffin, chairman, chief executive officer an

Air Products, a world leader in the supply and transport of hydrogen, and Cummins Inc., a global power and hydrogen technologies leader, jointly announce the signing of a memorandum of understanding (MOU) to work together to accelerate the integration of hydrogen fuel cell trucks in the Americas, Europe and Asia. Cummins will provide hydrogen fuel cell electric powertrains integrated into selected OEM partners’ heavy-duty trucks for Air Products, as Air Products begins the process of co

Beep – a global leader in multi-passenger, electric, autonomous mobility solutions –today announced the company's grand opening of its headquarters in Lake Nona, Fla. The 10,000 square-foot facility is now home the Beep Command Center, a state-of-the-art, centralized command center used to actively monitor all autonomous projects for an unrivaled level of passenger safety, an innovation lab, which is intended to highlight premier partners in the autonomous vehicle industry, an

Penske Automotive Group, Inc., a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by 2.3% to $0.45 per share. The dividend is payable September 1, 2021, to shareholders of record on August 10, 2021. "We are pleased to offer our shareholders another increase in the quarterly dividend," said Penske Automot