Press Releases
Autonomy, the leading EV subscription company, announces it is pivoting from vehicle subscriptions to launch a new SaaS business, Autonomy Data Services (ADS), in partnership with Deloitte. ADS has secured $2.5 million in new funding and completed a $32 million debt-for-equity swap, along with acquiring all subscription-related technology and intellectual property. The automotive landscape is experiencing significant shifts, particularly with the chaos surrounding residual values an
Read more...12 August 2024
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today reported financial results and business updates for the quarter ended June 30, 2024. "In the last three quarters of serial production, we have demonstrated that Nikola is the offtake. We are the catalyst to disrupt Class 8 trucking to make zero-emission a reality," said Steve Girsky, President and CEO of Nikola. "We are the only OEM with
Read more...9 August 2024
PHINIA Inc. a leader in premium fuel systems, electrical systems, and aftermarket solutions, today released its 2023 Sustainability Report, highlighting PHINIA’s contributions to powering a better tomorrow. The report sets a benchmark for future progress across environmental, social, and governance initiatives, while emphasizing PHINIA’s focus on driving long-term value for stakeholders. “We are proud to share our inaugural Sustainability Report following our
Read more...9 August 2024
ChargePoint, a leading provider of networked charging solutions for electric vehicles, today announced ChargePoint Omni Port, an EV connector solution which ensures any EV can charge in any parking space, regardless of its connector type, and without an expensive additional cable. Omni Port eliminates the hassle of carrying an adapter for drivers, negates dedicating parking spaces exclusively to a select connector type and is available at no incremental cost as a standard feature of Char
Read more...Lynx Motors, the vanguard of automotive innovation, is thrilled to announce that reservations are now officially open for one of the most anticipated vehicles in the automotive world. The DeLorean DMC-EV by Lynx is an all-electric performance vehicle available in very limited quantities, promising an exclusive blend of luxury, performance, and advanced technology. Interested buyers are encouraged to act swiftly to secure their place in automotive history. They can visit www.lynx.car
Read more...ChargeTronix, a leading global provider of reliable, powerful and intelligent electric vehicle charging infrastructure, today announced the immediate availability of its full suite of Direct Current Fast Charging (DCFC) products with North American Charging Standard (NACS) connectors. These chargers are the first NACS chargers available for shipping in the United States. More than half of consumers cite range anxiety and a lack of charging stations as a major barrier in purchasing a
Read more...Toyota Motor North America today announced executive leadership changes as David Wilson, group vice president and president of TRD, U.S.A., will retire on December 16 after 35 years with the organization. General Manager Tyler Gibbs will succeed Wilson as president of TRD, a subsidiary of Toyota Motor North America (TMNA). During his long-standing career at TRD, Wilson has held many roles, including design engineer; track support engineer; vice president, operations and engineering;
Read more...7 August 2024
The MIPI Alliance, an international organization that develops interface specifications for mobile and mobile-influenced industries, announced registration is open for MIPI Demo Day Taipei, scheduled for Sept. 11, 2024, at the Taipei Marriott Hotel. The event will connect engineers and system designers with the latest solutions from MIPI Alliance members. MIPI Demo Day Taipei also will feature education sessions to share the latest developments in MIPI automotive and camer
Read more...7 August 2024
Mercedes-Benz Vans USA partnered with Goodr, an innovative organization dedicated to waste management and hunger solutions, and appointed Jasmine Crowe-Houston, Goodr Founder and CEO, as the first brand ambassador for the all-new eSprinter. Goodr was presented with the first refrigerated eSprinter Cargo Van by Mercedes-Benz in North America, with a custom upfit by Thermo King of Charleston refrigeration. This collaboration marks a significant step in promoting sustainability and hunger relief
Read more...HGreg, a leading name in the car industry, announces the opening of its newest dealership in Miami, HGreg Trucks. This state-of-the-art facility promises to deliver an unparalleled customer experience for those looking to purchase commercial trucks.The dealership offers an extensive selection of trucks to meet diverse needs and preferences of business owners looking for reliable vehicles or an individual in need of a robust truck. “HGreg Trucks is a new division that has allow
Read more...6 August 2024
U Power Limited, a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery power solution provider in China, today announced that it has signed a Memorandum of Understanding with Velo Labs Technology Ltd., a global fintech company, to establish a battery infrastructure investment ecosystem in Thailand. This collaboration aims to accelerate the development of battery bank operations within the UOTTA battery-swapping ecosystem. This collaborati
Read more...5 August 2024
The "Global Hydrogen IC Engines Market by State Application , Power Rating, Blending and Region - Forecast to 2035" report has been added to ResearchAndMarkets.com's offering. The hydrogen internal combustion (IC) engine market, currently on the cusp of a significant expansion, is projected to climb from a modest USD 12 million in 2024 to an impressive USD 327 million by 2035. The global hydrogen IC engines market is on the brink of revolutionary growth, catalyzed
Read more...SUPER73, the American lifestyle adventure brand specializing in electric motorbikes, today announced its innovative partnership with PedalAce, the premier provider of eBike safety courses. This collaboration aims to elevate the riding experience by promoting safety, education, and community engagement for eBike enthusiasts across the United States. With the eBike industry experiencing rapid growth, ensuring rider safety and providing comprehensive education has never been more cruci
Read more...3 August 2024
Fonon Corporation’s Titan FX Laser Cutting System offers heavy equipment and machine part manufacturers a 10%-30% increase in speed and accuracy and a 10%-30% decrease in kerf loss over similar systems. They are also operator- and regulation-friendly and environmentally responsible, guaranteeing operational excellence, which aids their customers’ pursuit of sustainable market growth. A flatbed multipurpose fiber laser cutting system -- available in several sizes –
Read more...3 August 2024
China Automotive Systems, Inc., a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2024, on Tuesday, August 13, 2024, before the market opens. Management will conduct a conference call on August 13th at 7:00 A.M. EDT/7:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation. About China A
Read more...