Press Releases
6 January 2021
Cox Automotive has acquired Fyusion, a computer vision company and leader in immersive vehicle imaging solutions for automotive and other industries. This acquisition will deepen the collaboration between Manheim and Fyusion, which have worked together for years to give clients the wholesale industry's best mobile imaging and condition capture tools in the Manheim ExpressTM app. "Anywhere a car can be imaged, we believe the new technologies that Cox Automotive and Fy
Read more...6 January 2021
Hendrickson Truck Commercial Vehicle Systems announced today that it has partnered with Navistar to offer HAULMAAX® EX as a part of the chassis enhancements of the International® HX. “Just like the newly redesigned International HX Series, Hendrickson took a great suspension and made it better,” said Mark Stasell, vice president Vocational Truck Business, Navistar. “The HAULMAXX EX delivers improved performance and durability, which helped our team de
Read more...5 January 2021
Xpeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, has collaborated with Livox, a leading lidar maker, to deploy its automotive-grade lidar technology in Xpeng’s new production model in 2021. Livox is Xpeng’s first partner in lidar technology. Livox has customized its Horiz sensor (the automotive-grade version of its Livox Horizon) for Xpeng, not only meeting automotive-grade requirements but also delivering cost efficiency and reliabi
Read more...5 January 2021
Fenix Parent LLC, operating as Fenix Parts (“Fenix Parts”), a leading recycler and reseller of original equipment manufacturer automotive parts, announced today the closing of the acquisition of the assets of All Pro Auto Parts in Auburndale, Florida. This is the second acquisition completed by Fenix Parts since the company was acquired by affiliates of Stellex Capital Management LP in April 2018. All Pro Auto Parts is a full-service automotive recycling facility servici
Read more...31 December 2020
The "All-Wheel Drive (AWD) Vehicle - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering. Global All-Wheel Drive (AWD) Vehicle market accounted for $405.04 billion in 2019 and is expected to reach $695.93 billion by 2027 growing at a CAGR of 7.0% during the forecast period. The increase in demand for high performance, fuel-efficient vehicles due to the enactment of emission regulation is the major factor fueling marke
Read more...30 December 2020
The "Automotive Thermal System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering. The global automotive thermal system market grew at a CAGR of around 8% during 2014-2019. Looking forward, the publisher expects the global automotive thermal system market to continue its moderate growth during the next five years. An automotive thermal system helps to maintain and
Read more...29 December 2020
The "Technology Landscape, Trends and Opportunities in the Global Electric Vehicle Battery Market" report has been added to ResearchAndMarkets.com's offering. The technologies in electric vehicle battery have undergone significant change in recent years, with non-rechargeable to rechargeable electric vehicle batteries. The rising wave of new technologies, such as nickel-cadmium batteries, nickel-metal hydride batteries, sodium-nickel chloride batteries, and lithium-ion
Read more...PPG announced that it has completed its acquisition of Ennis-Flint. Ennis-Flint is a global leader in pavement markings and traffic safety solutions with a wide range of products, including traffic paint, hot-applied and preformed thermoplastics, raised pavement markers and intelligent transportation systems. The company has approximately 1,000 employees globally, with a network of manufacturing facilities within the United States, Europe, South America, Australia and Asia. Ennis-Fl
Read more...LMP Automotive Holdings, Inc., an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobiles, today announced it has received General Motors’ manufacturer approval for certain of its subsidiaries as it relates to its stage 1 Southeast acquisitions. Richard Aldahan, LMP’s Chief Operating Officer, stated, “As of 2020, General Motors is ranked number 18 on the Fortune 500 list of the largest Un
Read more...HyGear, a specialist in on-site hydrogen generation and supply, announced it will cooperate with Nedstack Fuel Cell Technology, a leading player in the PEM fuel cell industry and Strukton Civiel Noord & Oost, an expert in rail and civil engineering works to develop a flexible hydrogen filling station with electric charging capabilities for off-grid locations. While most hydrogen filling systems and (fast) battery charging systems are targeting densely populated areas or highways
Read more...23 December 2020
Daimler AG and Infosys, announced a long-term strategic partnership for a technology-driven IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler AG will transform its IT operating model and infrastructure landscape across workplace services, service desk, data center, networks and SAP Basis together with Infosys. The partnership will enable the company to deepen its focus on software engineering and to establish a fully scalable on-demand digital IT infrast
Read more...23 December 2020
BYD announced the delivery of 470 pure electric buses to Bogota, the capital of Colombia. This is the country’s largest pure electric bus fleet, and also the largest bus fleet BYD has delivered in the Americas, which will effectively promote the already fast-growing electrified public transport systems in Colombia, Latin America and the entire Americas. The Bogota City Government and the Bogota City Public Transport Authority (TRANSMILENIO S.A) held a grand launch and delivery
Read more...22 December 2020
Xpeng Inc., a leading Chinese manufacturer of smart electric vehicles (“Smart EVs “), Has started delivering smart electric vehicles to customers in Norway. 100 copies of the Xpeng G3 electric SUV will be handed over to their new owners in 28 Norwegian cities this week - the northernmost city is Bodø (67 ° N), north of the Arctic Circle. The domestic Chinese market remains the main sales market, but with the introduction of its first series model, the G3 elect
Read more...22 December 2020
Fastned, a European network of high-power charging stations for electric vehicles, has opened its first station in Switzerland near Zurich , along the A1 motorway. This station will be the first of 20 Fastned stations along Swiss roads, and follows the call for tenders organized by the Swiss Federal Roads Office (OFROU), won in 2019. With this operational presence in a fifth country , Fastned takes another important step towards its goal of building a European fast-charging network, giving mo
Read more...21 December 2020
Velodyne Lidar, Inc. announced a multi-year contract for the sale of Alpha Prime ™ sensors with Motional , the global leader in autonomous driving technology. Velodyne will be the exclusive supplier of sensors dealing with surrounding long-range vision for Motional SAE level 4 autonomous vehicles. The Alpha Prime sensor leads the market for its combination of range, resolution and field of view that, together, meet the high performance requirements presented by autonomous vehi
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