Press Releases

DXC Technology announced that it has signed a 5-year renewal of its IT outsourcing contract with SEG Automotive Germany GmbH, a leading global supplier of hybrid e-machines, starter motors and generators. SEG Automotive selected DXC for its ability to run reliable, optimized and secure mission-critical systems, and its deep understanding of SEG’s business culture. As part of the contract, DXC will manage SEG Automotive’s local data center. This will help SEG to simplify

Amazon Web Services (AWS), a company of Amazon.com, Inc., and the BMW Group  announced an expanded strategic partnership to further increase the automaker's pace of innovation by putting data and analytical data at the center of decision-making. The companies will combine their strengths as industry leaders to jointly develop cloud-enabled solutions that improve efficiency, performance and sustainability across every aspect of the automotive lifecycle, from vehicle design to after-sa

The Goodyear Tire & Rubber Company has announced the new Fuel Max RSD tire and three new UniCircle retread products – the Fuel Max RSD, Fuel Max RTD and UltraGrip RTD. These UniCircle retreads offer matching tread designs and compounds to the new tires. The Goodyear Fuel Max RSD (Regional Service Drive) is a premium super-regional drive tire that offers enhanced fuel efficiency, mileage and traction for super-regional driving fleets, the fastest-growing trucking segment. I

Fisker Inc.designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – confirmed that it has signed agreements with Cox Automotive U.K. (“Cox”) and Rivus Fleet Solutions (“Rivus”) to provide a range of after-sales services for the U.K. market. Consistent with Fisker’s asset-light and digital-forward business model, Cox and Rivus will provide outsourced solutions covering various area

A pioneer and global supplier of reliable and high-performance gallium nitride (GaN) power conversion products, Transform Announced sample shipments of the first Gen V device under its own SuperGaN TM brand. Transform's new Gen V device TP65H015G5WS is aimed at the electric vehicle (EV) market, delivering industry-leading performance enhancements, design ease, and optimized cost structure unique to the SuperGaN device family. Among other things, our Gen V GaN solution offers the world'

In a critical step toward realizing the organization's vision for a more sustainable transportation industry, Volvo Trucks North America announced today its VNR Electric model is now commercially available in North America. Designed, developed, and produced in the U.S. specifically for the North American market, Volvo Trucks will manufacture the VNR Electric truck at its New River Valley assembly plant in Dublin, Virginia beginning in early 2021. "In launching the VNR Elect

Trimble and Sirius XM Connected Vehicles Services Inc., a subsidiary of Sirius XM Holdings Inc., announced that Trimble RTX® GNSS corrections are being transmitted through the SiriusXM® satellite radio network. As a result, new cars sold in the contiguous U.S. and Canada equipped with SiriusXM's Gen8 satellite chipset will be able to receive RTX GNSS corrections enabling high-accuracy positioning—a key component of autonomous on-road applications. With the simple a

Leveraging technology building blocks from its parent companies Nexteer Automotive and Continental, CNXMotion announces Brake-to-Steer (BtS) – a technology that provides driver safety through an additional layer of directional control for highly automated and autonomous vehicles. In highly automated vehicle applications, steering systems feature multiple protective layers to ensure the steering safety net is always on. In addition, BtS adds yet another layer by using the elect

Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury electric vehicles, today announced the completion of the first phase of construction of the new AMP-1 plant. (Advanced Manufacturing Plant) in Casa Grande, Arizona , with the set-up of equipment and production processes already underway, anticipating the start of production of the Lucid Air in the spring of 2021. As the The first all-new EV-only plant developed in North America, Lucid's innovati

Velodyne Lidar, Inc. announced that it is collaborating with Ford Otosan on product development and testing of autonomous heavy commercial trucks. Ford Otosan is testing and planning to use Velodyne lidar Velarray H800 sensors to enable safe navigation and collision avoidance in next-generation vehicles. Velarray H800 is a powerful solution that can greatly enhance automated safety and advanced driver assistance systems (ADAS). Engineered for automotive grade performance and durabil

MidOcean Partners, a premier middle market private equity firm focused on the business services and consumer sectors, announced today that it has acquired FullSpeed Automotive (“FullSpeed” or the “Company”) from CenterOak Partners. FullSpeed is an industry leading auto aftermarket services platform offering oil changes, tire sales and rotations, brake services, car washes and other ancillary services through multiple brand formats including under the Grease Monkey®

General Motors Co. announced it has signed a non-binding memorandum of understanding with Nikola Corporation for a global supply agreement to provide its Hydrotec fuel cell system for Nikola's Class 7/8 semi-trucks. The MoU replaces the previous transaction announced Sept. 8, 2020. "This supply agreement recognizes our leading fuel cell technology expertise and development," said Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supp

Keysight Technologies, Inc., a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, and ElringKlinger, one of the world's leading technological partner to the automotive industry, have collaborated to advance e-mobility in the field of battery development for electric vehicles. ElringKlinger offers innovative solutions for all types of automotive drive systems and is a volume manufacturer for

Starting in the summer of 2021, the new Chevrolet Corvette C8 Stingray will also excite European automobile enthusiasts. For the mid-engine sports car with its 502 hp 6.2-liter eight-cylinder engine, KW automotive already offers the 4-way adjustable KW Variant 5 coilover suspension. For the new coilover suspension, KW adapted its successful GT3 motorsport Solid Piston Technology for the road. In comparison to conventional suspensions, the KW Variant 5 coilover suspension dampens more precisel

The electric vehicle charging infrastructure market is expected to grow by USD 17.64 billion, progressing at a CAGR of 52% during the forecast period. Click & Get Free Sample Report in Minutes The increase in sales of BEVs and PHEVs is one of the major factors propelling market growth. However, factors such as lack of standardization in EV charging infrastructure will hamper the market growth. More details: https://www.technavio.com/report/el