Press Releases

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 –

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

Ex-Guard is pleased to announce a radically upgraded line of grille guards that set a new standard for protection and ease of use while boasting verified compliance with all current collision mitigation systems.  “This new generation of Ex-Guard helps further fulfill our mission to protect our customer’s most valuable assets with the safest, smartest and strongest products,” said Ryan Holt, General Manager of Ex-Guard.  “Our previous gener

Today the Toyota Mobility Foundation and US Ignite proudly announce that the City of San José, California has been awarded a $260,000 grant from TMF to explore advanced Artificial Intelligence and computer vision technologies to improve local traffic safety. This initiative will leverage these technologies to automatically detect road obstructions and other road hazards that may impact vulnerable road users like cyclists and pedestrians. “Applying AI to advance road safety embodi

In the realm of end-to-end advanced autonomous driving solutions, both Nvidia and Tesla are dominant forces. Their continued development in this area means their paths are bound to cross. However, they will likely face a common challenge: the variables in the Chinese market.  According to the news report from the technology-focused media DIGITIMES Asia, supply chain sources noted that Nvidia collaborates with numerous Tier 1 suppliers and automakers, continuously adjusting and

BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has secured a contract to deliver its high-voltage eFan system for use on a major global OEM's series of heavy- and medium-duty battery electric vehicles (BEVs) in North America. The contract marks BorgWarner's largest eFan business win in North America, with start of production slated for Q4 2027. BorgWarner's eFan system is comprised of three components, including a fan, e-

Leapmotor International, a 51/49 Stellantis-led company between Stellantis and Leapmotor, has shipped the first batch of Leapmotor electric vehicles - C10 SUVs and T03 cars - from Shanghai, China, to European ports this month, marking a significant milestone in the partnership and demonstrating the shared commitment to quickly providing sustainable mobility and innovation to the European EV market. Leapmotor’s C10 and T03 vehicles are equipped with cutting-edge EV technology, offering e

Farasis Energy's flagship technology, the Super Pouch Solution (SPS), now powers the Second-Gen Aion V a new tough-styled intelligent SUV.  This evolution from electric 4WD pickups to high-end smart SUVs, marked by a technological leap from SPS lithium iron phosphate (LFP) to nickel manganese cobalt (NCM) solutions, underscores the multi-dimensional market presence, material diversity, and broad application scope of Farasis Energy's SPS. On July 23rd, GAC Aion

Carvana Co., the leading e-commerce platform for buying and selling used cars, today announced that Ernie Garcia, Carvana’s Founder and Chief Executive Officer, will present to the investor community and host meetings at the upcoming J.P. Morgan Automotive Conference.  A webcast of the presentation will be accessible on the Investor Relations section of the Carvana website (https://investors.carvana.com). An archived replay of the webcast will be available following the l

Hutton, a retail real estate and development company, headquartered in Chattanooga, Tennessee, and Splash Car Wash, headquartered in Milford, Connecticut, today announced a joint venture to construct a new express car wash in Springfield, Massachusetts. The site, outfitted with a 130-foot tunnel and 20 free-of-charge self-service vacuums will be operated by, and branded as, Splash Car Wash. This is Splash's second site in the state. Under the leadership of Karen Hutton, Hutton h

Today, Paired Power, a leading U.S. solar microgrid electric vehicle charger manufacturer announces its installation of its PairTree EV charger for Sonoco, a leading global manufacturer of consumer, industrial, health care and protective packaging. “We’re thrilled to provide the first offgrid electric vehicle solar charger to Sonoco, a world-class company with a strong track record of reducing emissions through recyclable material sourcing and countless initiatives,&rdqu

Cars.com Inc., an audience-driven technology company empowering the automotive industry, reveals the first half of 2024 has brought notable changes to the automotive industry in its Industry Insights Report. This comprehensive report, crafted by Cars Commerce's expert data analysts, delves into macro and micro automotive market insights by analyzing supply, demand, pricing and consumer behavior data from across the company's platform, including Cars.com®, Dealer Inspire and AccuTr

  Carbon Revolution plc, a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it will supply the carbon fiber wheels available on the just-revealed Chevrolet Corvette ZR1. “It has been a great honor to work with General Motors (GM) again. This will be the third Corvette to feature our carbon fiber wheels,” said Carbon Revolution CEO Jake Dingle. “Our team har

The United States has seen record heat and it doesn't look like it will end anytime soon. As the heat intensifies, it's not just our bodies that need extra care and attention; CTEK says our vehicle batteries also require special consideration to ensure optimal performance and reliability. With scorching temperatures and extended road trips on the horizon, it's important to understand the unique charging needs of your vehicle battery in the extreme heat. Temperature always plays a

Allison Transmission has partnered with Cummins to test and validate the new Cummins X15N 15-liter natural gas engine paired with the Allison 4000 SeriesTM fully automatic transmission. Sandman, a bulk cement hauling fleet based in San Jose, California, has successfully completed over 50,000 miles of vehicle testing in the field and reports significant improvements in fuel efficiency and performance. The test vehicle, a Peterbilt tractor pulling double trailers of bulk cement, demonstrated th