Press Releases

For several decades, Magna has been a strategic partner to Mercedes-Benz, creating a legacy of innovation and excellence. This collaboration has spanned multiple areas of the vehicle, including powertrain and drivetrain systems, ADAS technologies, body and chassis components, electrification, interior systems, vehicle assembly, and more. “Strong partnerships with our customers are essential for driving innovation and advancing the automotive industry,” said Eric Wilds, M

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At the 2025 Discover Boating® Miami International Boat Show®, Honda Marine today unveiled a series of significant enhancements to its high-power outboards. The Honda BF115, BF140, and BF150 inline four (L4) and Honda BF200, BF225 and BF250 V6 models will incorporate changes that target the heart of the boating market—improving performance and ease of operation, bolstering component durability and reliability, and ensuring faster, easier installation and maintenance. Wi

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Nissan celebrates its 60th anniversary in Canada by bringing action to the 2025 Canadian International Auto Show (CIAS) with two project builds that showcase how Nissan vehicles can be a canvas for four-wheeled excitement. Nissan also brings three all-new 2025 vehicles, namely the Nissan Kicks, Murano and Armada at CIAS, February 14-23, 2025. The all-electric Nissan ARIYA will also be available at the show’s indoor EV Test Track for visitors to test drive. "We are thrille

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Verdek LLC, a leader in EV charging solutions and sustainability initiatives, is proud to announce the joining of Gene Irwin as the Manager of GSA / DoD Fleet. Gene brings a wealth of business experience and passion for advancing green technology. Gene was recently the Technical Project Manager for exploration, production and financial management of a multi-million-dollar energy development project. Prior to that he was the Managing Director of Mergers & Acquisitions of over $17

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EasyPark Group, a leading provider of digital parking and mobility solutions, completes its strategic acquisition of Parkopedia, a global leader in connected car services and mobility data aggregation. Together, this acquisition creates a seamless, end-to-end driver experience, built on highly accurate and complete data, and unparalleled global payment capabilities. "With the addition of Parkopedia, we are making the driver journey more seamless," said Cameron Clayton, CEO

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ChargePoint, a leading provider of networked solutions for charging electric vehicles (EVs), today announced it will release financial results for the fourth quarter and full fiscal year 2025, which ended January 31, 2025, on March 4, 2025. ChargePoint will host a conference call to review the company’s financial results at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on the same day. A live webcast of the conference call will be accessible from the “Events and Presen

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XPENG, a Chinese-born global-orientated high-tech automotive company, announces its official entry to the UK and kicks off the pre-sale of its first right-hand drive model. The ultra-smart all-electric mid-size coupe SUV, XPENG G6, marks a new milestone in one of the world's biggest automotive and EV markets. “Our launch in the UK, in partnership with International Motors Ltd (IML), marks a significant step in XPENG’s European and global expansion,” said Dr. Br

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Hyundai’s all-electric IONIQ 5 N has been named Favorite Vehicle of 2025 by the Midwest Automotive Media Association (MAMA) at the Chicago Auto Show’s opening. The IONIQ 5 N earned the win on the strength of its high performance and impressive driver engagement. Around 80 new vehicles of all types were evaluated throughout 2024 by MAMA members, including a membership drive event at Wisconsin’s legendary Road America racetrack. In the end, the IONIQ 5 N outpointed a

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Hyundai in collaboration with its agency Culture Brands, is launching “the Car,” its latest marketing campaign featuring the 2025 Hyundai Sonata Hybrid. The campaign highlights the Sonata Hybrid’s sleek design, premium features, and impressive efficiency, making it an ideal choice for the dynamic, fast-paced lifestyles of today’s couples. Building on the success of the acclaimed ‘OKAY Hyundai’ series, Hyundai and Culture Brands continue its missio

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U Power Limited, a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has signed a cooperation agreement with SAIC Motor-CP Co. Ltd. ("SAIC Motor-CP"), a joint venture company of Chinese automotive industry group CP Group and Thai industry conglomerate CP Group, to integrate U Power's battery-swapping technology into the company's MG brand of vehicles for sale in Thailand.

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The Hyundai IONIQ 5 and Kona have been honored with a pair of 2025 Kelley Blue Book Best Buy Awards. For the third consecutive year, the IONIQ 5 SUV has claimed Kelley Blue Book’s Best Electric Vehicle award, while the Kona has taken home the award for Best Subcompact SUV for the second consecutive year. Now in their eleventh year, Kelley Blue Book’s Best Buy Awards are among the industry’s most trusted and sought-after accolades, the product of a year’s wort

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ChargePoint, a leading provider of networked charging solutions for electric vehicles (EVs), today announced an agreement with AAA to become a preferred supplier, making ChargePoint chargers and services available to AAA clubs and their service providers at preferred pricing. Together, the companies aim to affordably expand the reach of EV charging infrastructure. ChargePoint announced an agreement with AAA to become a preferred supplier, and together, the companies aim to affordabl

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The Toyota Mobility Foundation, in collaboration with the City of Vichy, Vichy Communauté and Les centres de ressources, d’expertise et de performance sportive (hereinafter referred to as “CREPS”) of Vichy and three innovative startups, are proud to  announce the launch of a project aimed at improving mobility for individuals with reduced mobility. This initiative underscores TMF’s dedication to fostering inclusive mobility solutions that enhance independen

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The facelifted Toyota GR Yaris (2025) has been available since April 2024. Sold in Argentina, Australia, Europe, Indonesia, Japan, Malaysia, Mexico, New Zealand, Philippines, Singapore, South Africa, Taiwan, and Thailand, the facelifted GR Yaris features between 276 hp in the European market and 300 hp in Japan. Because Toyota built the facelift model with stiffer chassis and redesigned suspension, KW automotive needs to develop a new KW V3 coilover kit for the latest Toyota GR Yaris. The kit

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Octillion Power Systems, a global-leading supplier of advanced high-density lithium-ion battery packs for a range of passenger and commercial fleet electric vehicles—today announced the inauguration of a new battery system manufacturing facility in Reno, Nevada. The approximately 40,000 square foot Nevada One facility is anticipated to become a deeper gateway into the North American electric vehicle, off-highway, commercial equipment, marine, and grid storage markets. It will

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