Press Releases

As the British sports car brand Lotus gears up to exclusively offer electrified vehicle models, it bids farewell to its mid-engine sports car, the Lotus Emira. KW automotive, a renowned suspension manufacturer, unveils two four-way adjustable coilover suspension kits, the KW V5 and KW V5 Clubsport, both boasting TÜV approval for this iconic sports car. Both coilover kits utilize KW's innovative solid piston design, enabling independent adjustment of high-speed and low-speed compressi

Transphorm, Inc. is the global leader in rugged gallium nitride (GaN) power semiconductors. The company today announced two new reference designs for electric vehicle charging applications. The 300 W and 600 W constant current/constant voltage (CC/CV) battery chargers use the company's 70 milliohm and 150 milliohm SuperGaN® devices to deliver efficient AC to DC power conversion at a competitive cost and feature High power density. The two reference designs are designed to support the

On November 30, NETA Auto's first overseas factory officially commenced production. Zhang Yong, co-founder and CEO of NETA Auto, and Wanchai Jungsanguanphonsuk, CEO of Bangchan General Assembly Co., Ltd., a partner of NETA Auto, attended the ceremony. The rollout of the first 'Made in Thailand' NETA vehicle marks a pivotal moment, signifying NETA's global development reaching unprecedented heights. With a more open and confident approach, NETA is poised to provide robust momen

McGovern Auto Group, the leading automotive retailer in the Northeast, today announced its acquisition of MHQ, a Marlborough, MA-based provider of specialized emergency and municipal vehicles. With four locations across Massachusetts and Connecticut and a 40-year track record of customizing over 100,000 vehicles, MHQ significantly expands McGovern's upfitting operations and municipal vehicle offerings, securing the group's status as the region's premier source for tailored fleet v

Mercedes-Benz Mobility AG has selected SwissAI as its artificial intelligence provider for charging network planning and site selection, giving the company its first A charging network. SwissAI provides automotive partners with a cutting-edge analysis and prediction SaaS platform based on artificial intelligence - AIOME. The software accelerates site selection and deployment planning of charging infrastructure, while increasing profitability for automotive partners and their valuable customer

Mercedes-Benz Manhattan, situated on 11th Avenue between 53rd and 54th Street, is proudly debuting their latest cutting-edge technology in tandem with UVeye. The installation of an Automated Vehicle Inspection machine will be an integral piece within the facility's Lower-Level service lane driveway. Positioned as the first Northeastern Mercedes-Benz dealer to embrace this innovation, Mercedes-Benz Manhattan prides this installation as it underscores the dealer's commitment to staying

As part of its EVs2Scale2030™ initiative, EPRI – with support from truck and car manufacturers, fleet operators, the U.S. Department of Energy (DOE), the DOE National Labs, RMI, and others – released today eRoadMAP™, an interactive online resource intended to help electric power companies and industry stakeholders effectively plan for the power and infrastructure needed to serve light-, medium-, and heavy-duty electric vehicles (EVs). This free and public too

November new-vehicle sales, when announced next week, are expected to show gains over last year's product-constrained market. According to the Cox Automotive forecast released today, sales volume is expected to rise 6.5% over November 2022 when the market was in the early stages of recovery from severe product shortages. The seasonally adjusted annual rate (SAAR), or sales pace, is expected to finish near 15.3 million in November, up 1.0 million over last year's pace but a slight decl

Volkswagen Caminhões e Ônibus will be responsible for supplying over 5,600 new vehicles in the most recent tender for the Caminho da Escola program – the largest lot won by the company since the creation of this initiative by the Government Federal. The units can be ordered and delivered by the end of 2024 and will expand the school transport fleet in Brazil to guarantee access to education for children and adolescents across the country. As a result, the company continues

Adient a global leader in automotive seating, will participate in the Barclays Global Automotive and Mobility Conference on Thursday, Nov. 30, 2023. Adient's executive vice president and CFO Jerome Dorlack will be participating in a fireside chat at 10:50 a.m. Eastern time. A live webcast of the fireside chat will be available on the investor section of the Adient website (https://investors.adient.com/). About Adient: Adient (NYSE: ADNT) is a global le

CATL and Stellantis N.V. today announced the signing of a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis' electric vehicle production in Europe. To further support Stellantis' aggressive electrification strategy, the two companies are considering the possibility to form a joint venture with equivalent contributions. The MoU outlines a long-term collaboration between CATL and Stellantis on two strategic

SimScale GmbH announced new features for engineers focused on structural and mechanical simulation, including large scale vibration analysis and modal-based harmonics. SimScale is a cloud-native engineering simulation software used globally by the automotive, manufacturing, medical, turbomachinery, buildings, and electronics industries. With the release of modal-based harmonics in SimScale, engineers can now perform vibration analysis on complex CAD models using a single analysis ty

TVS Motor Company a leading global automobile manufacturer operating in the two and three wheeler segments – today announced the launch of the TVS NEO AMI 125 in Africa. Aimed to meet the evolving needs of everyday travel, this innovative Bebek is expected to delight customers with its 72 exciting new features. The TVS NEO AMI, a remarkable Bebek, is built around three fundamental principles: (a) perfect dimensions, (b) ultimate convenience and (c) intelligent innovation. The

Hyundai Motor Company today announced that its brand value reached $20.4 billion in Interbrand's 'Best Global Brands 2023', ascending in valuation for 13 straight years. This represents the third highest year-over-year valuation increase out of 100 brands. The company's brand rank rose from 35th to 32nd — the first increase in rank since 2016, based in part on Hyundai Motor's accelerated electrification and future mobility vision. In 2014, Hyundai Motor'

On November 16, the launch of the Mexican brand GAC MOTOR was successfully held at the Centro Citibanamex exhibition center in Mexico City. At the launch, the official debut of the All New GS8 and EMZOOM was witnessed by more than 400 distinguished guests, including Mexico's top media outlets, key opinion leaders (KOL) and collaboration partners. Mr. Yan Zhuangli, Vice President of GAC Group, emphasized during the launch: "Today marks the official entry of GAC MOTOR into th