Press Releases

Kumho Tire U.S.A., one of the world's leading tire manufacturers, announced today participation in select Jeep events this summer to drive consumer awareness of the brand's superior offerings in the light truck tire space and reinforce its commitment to "Performance Without Compromise."  Kumho Tire will participate at two events: Toledo Jeep Fest in Ohio (Aug. 1-3) and the Great Smoky Mountain Jeep Club Invasion in Pigeon Forge, Tenn. (Aug. 21-23).  As pa

ZM Trucks, North America, officially unveiled the T75 Battery-Electric Terminal Tractor, a zero-emission, heavy-duty vehicle purpose-built for America's ports, warehouses, and distribution yards. The truck made its debut on the show floor at the 2025 Port Electrification Conference, drawing strong interest from fleet operators and sustainability leaders. Designed from the ground up as an all-electric platform, not a diesel retrofit, the T75 combines industrial-strength performan

At the Goodwood Festival of Speed, the suspension manufacturer unveiled the next generation of its motorsport dampers for homologated customer racing programs by automotive manufacturers. The new KW V7 Racing Damper is a technological evolution of the KW V6 Racing Damper, which is used in the Aston Martin Vantage AMR GT3 Evo, BMW M4 GT3 Evo, and Porsche 911 GT3 R. Like the V6 Racing, the new V7 Racing is also based on KW’s Solid Piston Technology, which covers a broad force range. In ad

Hyundai Motor Company today unveiled IONIQ 6 N to the world at the Goodwood Festival of Speed, marking a pivotal milestone in Hyundai N's electrification journey. From its origins in electric motorsport with Pure ETCR to the development of track-capable yet street-ready electric vehicles (EVs), Hyundai N is once again redefining the boundaries of high-performance electrification with the debut of the IONIQ 6 N. At the core of the IONIQ 6 N lies Hyundai's unwavering commitmen

ADS-TEC Energy battery-buffered fast-charging solutions – predominantly ChargePosts as well as ChargeBoxes – will be deployed at retail group Müller locations throughout Germany. The project is being implemented jointly by ADS-TEC Energy, a global leader in battery-based energy storage and fast-charging systems, the Mannheim-based energy company MVV, and the Ulm-based retail group Müller. A compelling solution for drugstore locations

Mercedes-Benz High-Power Charging (HPC) and Federal Realty Investment Trust (NYSE:FRT) today announced a first-of-its-kind strategic agreement naming Mercedes-Benz the preferred EV charging provider across Federal Realty's best-in-class retail portfolio. The collaboration establishes a scalable foundation to deliver an expected 500 new, ultra-fast charging stalls—accessible to all drivers, regardless of vehicle brand. The initial rollout will begin with 20 locations across

ArcBest®, a leader in supply chain logistics, today announced the successful completion of a pilot program evaluating a Class 8 long-range electric semi-truck in over-the-road operations. Conducted through ArcBest’s less-than-truckload carrier ABF Freight®, the pilot reflects the company’s ongoing commitment to exploring emerging technologies that support operational efficiency and environmental responsibility. Over a three-week period, ABF operated a Tesla Semi

Amsted Automotive has been recognized with the prestigious 2024 Honda Excellence in Quality and Delivery award, marking the second time in five years that the company has earned this distinction. This year's award was earned for a selectable one-way clutch produced by Amsted's Means Industries business. Honda selects only 33 suppliers—out of approximately 700—to receive this honor, spotlighting those that rank at the top of their commodity classification based on

Wholesale used-vehicle prices were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above May levels. The seasonal adjustment forced the index higher in the month, as non-seasonally adjusted values fell more than usual following the volatility induced by the tariff announcement. The non-adjusted price in June decreased 1.1% compared to May, which now makes the unadjusted average pr

Innovation has always been a crucial component in creating unique and valuable products. While catering to growing trends, Baseus has also placed heavy emphasis on creating a range of products that meet the unique needs of each user. This means creating devices and gadgets that adapt to dynamic lifestyles – whether you're on the move or at home. Now, Baseus is launching a range of products ideal for the traveler with the latest PrimeTrip C03 Magnetic Car Mount Series and the PrimeTr

Daimler Truck has signed a Letter of Intent with the Government of Senegal and Global Truck Systems (GTS) to establish a local truck assembly plant. As part of the agreement, Daimler Truck will serve as the exclusive supplier of dismantled truck kits (CKD – Completely Knocked Down) and act as the project’s technology partner. The Senegalese government and GTS have formed a joint venture to lead the assembly operations. Production is expected to begin as early as 2026, wi

North American automotive and mobility companies are investing in transformations of their products and operations in response to significant changes in technology, consumer demand and regulation, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. The 2025 ISG Provider Lens™ Automotive and Mobility Services and Solutions report for North America finds that demand for

Nota AI, a global leader in AI optimization, today announced a collaboration with Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, to deliver an optimized Driver Monitoring System (DMS) on Renesas' newly launched RA8P1 MCU (Microcontroller Unit). An MCU is a small computer on a chip used to control functions in devices like cars, appliances, and industrial equipment. By enabling AI to run efficiently on such compact processors, this collab

Cenntro Inc. a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced the launch of the “Avantier Commuter,” an all-electric vehicle from its 2025 Avantier Model Series. The Avantier Model Series includes the Avantier C, Avantier EX, and Avantier Commuter models, all designed for urban and neighborhood mobility. These vehicles feature compact, lightweight designs tailored for city use and are approved u

Envirotech Vehicles, Inc. is excited to announce the initiation of full commercial-stage operations in the Company's electric school bus vertical with its first three deliveries of its EVT Bumble Bee electric school bus to the independent school districts of Freer, Blanket, and Waelder, Texas. Funding for the buses is provided by the United States Environmental Protection Agency ("EPA") as part of the Clean School Bus ("CSB") Program. The purpose of the