Press Releases
ASV Holdings Inc., an industry-leading manufacturer specializing in all-purpose and all-season compact track loaders and skid steers, expands the new MAX-Series™ lineup with the addition of the vertical-lift VS-75 and radial-lift RS-75 skid steers. The MAX-Series line was first introduced with compact track loaders in mid-2020, giving operators a premium experience to match the machines’ impressive performance capabilities. Like the tracked machines, the skid steers bene
Read more...Kia Motors America today announced its second-successive best-ever monthly sales total of 70,177 units, surpassing the previous monthly high set in March 2021. Two Kia nameplates – K5 and Forte – enjoyed their strongest month ever in April, powering Kia to a 121.3-percent increase over the same period last year. Additional strong performances included: Best-ever April totals for the Telluride, Sportage and Seltos Kia sales increased more than 120-percent over Apri
Read more...30 April 2021
Hyzon Motors Inc. ("Hyzon"), a leading global supplier of zero-emission hydrogen fuel cell-powered commercial vehicles, jointly with Modern Industrial Investment Holding Group ("Modern Group"), a Saudi industrial conglomerate, announced the signing of a memorandum of understanding (MoU) with NEOM Company for the development of a vehicle assembly facility in NEOM, the $500 billion giga-project in northwest Saudi Arabia. NEOM is committed to becoming fully sustaina
Read more...30 April 2021
LAZ Parking announced a new electric vehicle (EV) charging program . The initiative will bring 500 new Tesla Connectors to LAZ Parking locations nationwide. Company officials said that Tesla vehicles account for more than 85 percent of electric cars in use across the United States. By installing Tesla Charging, LAZ will attract Tesla drivers to its parking garages via Tesla's in-app and in-car touch screens. By hosting Tesla charging zones at current and future locations, LAZ ca
Read more...29 April 2021
PathPartner, in collaboration with Quectel, has announced a reliable and cost-effective Driver Monitoring Solution that utilizes Quectel's SC600 smart module. Leveraging Quectel's SC600 smart module's power, the solution meets the need for computation, intelligence on the edge, connectivity, and other functional requirements for next-generation driver monitoring and in-cabin occupancy applications, all packed in an extremely small form factor. The DMS solution does more
Read more...29 April 2021
Johnson Matthey, a global leader in sustainable technologies, has concluded a Memorandum of Understanding with Stena Recycling Group, a leading recycler of industrial waste and end of life products, to develop an efficient value chain in Europe for recycling of lithium ion batteries and cell manufacturing materials. Sales of electric vehicles increased 43% globally in 2020 as battery costs have declined, helping to make EV cars more affordable1. Decarbonizing transportation is a cri
Read more...28 April 2021
Global mobility supplier Continental and Iteris, Inc., the leader in smart mobility infrastructure management, announced they have entered into a collaboration agreement to explore intelligent infrastructure solutions for communities across North America. With the goal of readying cities for advancements in connected and automated vehicle technologies, the partnership is designed to help ensure safer and more efficient mobility. “Smart mobility is in our DNA at Continental and
Read more...28 April 2021
Valvoline Inc., a leading worldwide supplier of premium branded lubricants and automotive services, announced today that it has signed a definitive agreement with its franchisee AWC Premium Automotive Service Ltd. to acquire 16 franchise-owned Valvoline Instant Oil ChangeSM (VIOC) quick-lube service centers located in metro Dallas and east Texas. The acquisition is expected to close during the third quarter of fiscal 2021. Financial terms for the acquisition were not disclosed. &quo
Read more...27 April 2021
Volvo Group has signed definitive agreements to acquire 60 percent of Designwerk Technologies AG, an engineering company in Switzerland, that develops and sells electromobility products and engineering services within electromobility eco-systems. By investing in Designwerk Technologies, the Volvo Group will complement its current capabilities when it comes to niche products and solutions. "Designwerk Technologies have strong competencies within electromobility, focused on devel
Read more...Scholar Rock, a clinical-stage biopharmaceutical company focused on the treatment of serious diseases in which protein growth factors play a fundamental role, today announced that the United States Patent Office (USPTO) issued U.S. Patent No. 10,981,981 with an expiry of May 2034. This patent broadly covers methods for making inhibitors of myostatin (GDF8) activation based on Scholar Rock’s proprietary platform approach of targeting the precursor forms of growth factors. &ldqu
Read more...26 April 2021
GWM has launched three technology platforms: LEMON, TANK and COFIS, which laid the foundation for GWM to conquer the global market. On April 19, HAVAL JOLION, based on a flexible, high-performance, high-security and lightweight LEMON platform, was unveiled at Auto Shanghai 2021, where GWM officially named this SUV model JOLION. HAVAL JOLION is the latest model for global drivers. The model has an elegant and dynamic design. Its smart and sharp front part highlights the classic chrom
Read more...Toyoda Gosei Co., Ltd.’s subsidiary in China, Toyoda Gosei (Zhangjiagang) Co., Ltd. (TGZH), has started production of millimeter wave compatible emblems and airbag inflators to meet the growing demands for these products in the world’s largest automotive market. Millimeter wave compatible emblems allow the passage of millimeter wave radar that senses the situation around vehicles. These emblems are used for autonomous driving, and so are increasingly being adopted. Deman
Read more...23 April 2021
As California continues to lead the nation in clean air initiatives, Hyundai fuels the advancement of sustainable mobility and zero emissions solutions with its NEXO fuel cell SUV, now available at Hyundai Escondido in San Diego County. Hyundai Escondido is the first NEXO dealer in San Diego County and the fifth in California, with two dedicated dealerships in Northern California and three in Southern California. NEXO can be leased for $379 for 36 months, including complimentary hydrogen fuel
Read more...22 April 2021
RoboSense ( https://www.robosense.ai/), the leading provider of intelligent LiDAR sensors, announces the formation of a strategic partnership with Banma Network Technology, a provider of intelligent vehicle operating systems and solutions that works with the Alibaba Group and SAIC Motor, and AutoX, the most advanced Chinese AI platform for self-driving vehicles. The aim of this cooperation is to develop a high-quality autonomous platform for intelligent vehicles through in-depth cooperation o
Read more...22 April 2021
Hero MotoCorp Ltd. and Gogoro® Inc., announced a strategic partnership to accelerate the shift to sustainable electric mobility in India. The partnership brings together Hero, the world's largest manufacturer of motorcycles and scooters, and Gogoro, the global leader in urban battery-swapping and smart mobility innovation. The companies will establish a battery swapping joint venture to bring Gogoro's industry leading battery swapping platform to India and will collaborate o
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