Press Releases
11 March 2025
Polestar advises that it has secured a 12-month term facility of up to USD 450 million and has renewed the EUR 480 million Green Trade Finance Facility (TFF). In February 2025, the Company secured up to USD 450 million in a 12-month term facility after having secured in December 2024 over USD 800 million in 12-month term facilities. Polestar originally entered into a 12-month TFF with a syndicate of leading global banks in February 2022 to support its working capital
Read more...MotorTrend has named Hyundai Motor Company President and CEO José Muñoz as its 2025 Person of the Year and the highest rank of its 50 person 2025 MotorTrend Power List. According to MotorTrend, “José Muñoz steps into the history books as the first non-Korean to lead the conglomerate that includes Hyundai and Genesis… (and) has been a driving force, leading Hyundai through years of record growth in North American sales, market share, revenue,
Read more...The U.S. Environmental Protection Agency (EPA) has awarded ENERGY STAR certification to seven additional Honda and Acura dealerships, recognizing them as among the most energy-efficient vehicle dealerships in the country. Supported by the Honda and Acura Environmental Leadership Programs, the auto industry's first structured programs that help dealers measurably reduce their environmental impact, Honda and Acura dealers are setting the standard for superior energy performance. Since the E
Read more...7 March 2025
ChargePoint, a leading provider of networked solutions for charging electric vehicles (EVs), announced today that it was notified by the New York Stock Exchange (the “NYSE”) on February 19, 2025, that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company’s Common Stock ("the Common Stock") was less than $1.00 over a consecutive 30 trading-day period, which is the minimum average closing price
Read more...6 March 2025
Hyundai Motor Company announced today that it has successfully completed a pilot project for Private 5G (P-5G) RedCap (Reduced Capability) technology in partnership with Samsung Electronics Co., Ltd. The company will showcase the technology at MWC25 Barcelona, the world’s largest IT and electronics exhibition, which will be held in Spain from March 3rd to 6th. As a leader in future mobility, Hyundai Motor advances smart mobility solutions through electrification, software-driv
Read more...Bridgestone Americas today announced the debut of its latest tire to include ENLITEN™ Technology, the all-new Bridgestone Turanza Prestige. Specifically engineered for premium sedans and crossovers, Bridgestone's new flagship grand touring tire delivers a whisper-quiet ride with comfortable, responsive handling and precise wet-weather performance — all backed by a 70,000-mile limited warranty1. Turanza Prestige leads the grand touring tire segment in wear life, demon
Read more...Huawei Cloud Commercial Vehicle Autonomous Driving Cloud Service (CVADCS) is thrilled to announce its debut at the Mobile World Congress (MWC) 2025, showcasing pioneering advancements in smart driving tailored for the mining industry. This marks the first international launch of CVADCS, underscoring our commitment to technological innovation and market expansion beyond China. At MWC 2025, Huawei Cloud CVADCS will demonstrate how it is transforming open-pit mining operations through
Read more...Electreon, a global leader in wireless electric vehicle charging, announced today that it has achieved ISO/SAE 21434 certification for cybersecurity engineering in vehicles. Electreon's infrastructure enables EVs of any size or type to charge wirelessly—whether in motion, stopped, or inching through traffic. This standard ensures robust cybersecurity measures are embedded throughout the lifecycle of its charging system. Achieving compliance with such a rigorous international standar
Read more...4 March 2025
SunCar Technology Group Inc. an innovative leader in auto e-insurance and cloud-based B2B auto services in China, participated in the National Automotive Circulation Industry New Year Forum and Consumer Promotion Conference in Beijing. The Company, serving as a vice president unit of the National Automotive Circulation Industry Association, was represented by Vice President Gu Saiye, who delivered a keynote address highlighting SunCarOnline's technological solutions that help dealers enha
Read more...Bollinger Motors Partners with EO Charging to Provide Cost-Effective Fleet Electrification Solutions
4 March 2025
Bollinger Motors, Inc. has announced a strategic partnership with EO Charging, a global pioneer in electric vehicle (EV) charging solutions for depot-based fleets, which will provide comprehensive electrification solutions for Bollinger Motors' commercial fleet customers. Through this partnership, Bollinger Motors and its national dealer network will provide customers access to EO Charging's comprehensive electrification solutions. EO Charging will deliver its full charge as
Read more...3 March 2025
Lucid Group, Inc. maker of the world's most advanced electric vehicles, today announced Peter Rawlinson has stepped aside from his prior roles. He will transition to the role of Strategic Technical Advisor to the Chairman of the Board. Marc Winterhoff, Chief Operating Officer, has been appointed Interim Chief Executive Officer. As part of the company's regular succession planning process, the Board has initiated a search to identify Lucid's next Chief Executive Officer w
Read more...StarCharge, a global leader in EV charging infrastructure, energy, and digital solutions, is set to showcase its latest innovations at KEY - The Energy Transition Expo 2025 in Rimini, Italy. From 5-7 March 2025, visitors to Hall A1, Stand 111 will have the opportunity to explore cutting-edge technologies that drive the future of electrification and sustainability. At Key Energy 2025, StarCharge will present its most advanced solutions designed to accelerate the global transition tow
Read more...28 February 2025
Viribus, a top innovative brand in the mobility industry, announces its flagship electric tricycle, the Viribus SC5 Fat Tire Electric Tricycle: a fat tire electric tricycle that strikes the perfect balance between rugged performance and daily practicality. Viribus prides itself on pioneering innovation while providing practical, usable tricycles for adult riders of all ages. The original vision for this bike was to create a unique electric tricycle that combines the advanced feature
Read more...28 February 2025
LG Display, the world's leading innovator of display technologies, announced today that it has officially begun mass production of the industry's first 40-inch Pillar to Pillar (P2P) automotive display. The company is accelerating its push into the Software-Defined Vehicle (SDV) era by scaling up the production of premium automotive display solutions with the goal of revolutionizing the driving experience. A P2P display is an ultra-large automotive panel that fully covers the area in
Read more...27 February 2025
Lucid Group, Inc. maker of the world's most advanced electric vehicles, today announced financial results for its fourth quarter and full year ended December 31, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com). The Company produced 3,386 vehicles during Q4 and delivered 3,099 vehicles during the same period. On a full-year basis, the Company produced 9,029 vehicles, in line with the 2024 annual production guidance of ap
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