Press Releases

Vroom, Inc.a leading automotive ecommerce platform dedicated to improving the buying and selling of used vehicles, announced today the company is partnering with the state of West Virginia to launch its National Digital Title Clearinghouse (NDTC). As the only retailer with access to this digital title clearinghouse, Vroom will be able to transfer out-of-state titles into the company’s name and significantly reduce the timeline for processing them. “Vroom’s mission

ABB has been awarded a contract by EV infrastructure company Polara to provide e-mobility Compact Secondary Substation (CSS) skid-mounted power distribution units to charge and electrify vehicle fleets in Canada and the United States. As part of the exclusive collaboration, ABB is supplying power distribution skids for the Polara CHRGPKTM, an optimized modular design unit that will offer various skid sizes depending on the number of vehicles requiring charging at any given time. Eac

Lucid Group, Inc today announced that all Lucid vehicles built with the current Combined Charging System (CCS) will be able to charge at stations in the Tesla Supercharger network by using an adapter in 2025. In addition, Lucid will integrate the North American Charging Standard (NACS) into future vehicles in 2025. "Adopting NACS is an important next step to providing our customers with expanded access to reliable and convenient charging solutions for their Lucid vehicles,"

New 2025 Ram 1500 offers all-new, more powerful and more efficient 3.0-liter Hurricane and 3.0-liter Hurricane High Output (H/O) Straight-Six Turbo (SST) engines Ram Truck will offer customers a complete lineup of segment-leading gas and electric trucks that get the hard work done and families where they need to go All-new Tungsten trim sits atop the lineup and once again raises the no-compromise benchmark for upscale pickup trucks loaded with best-in-class techn

PEUGEOT announced that it has appointed Accenture Song, the tech-powered creative group of Accenture, as its global creative agency of record from January 2024, as part of a competitive pitch. To meet the ever-evolving needs of consumers and support its ambition and trajectory to be the electric vehicle (EV) leader in Europe by 2025, PEUGEOT has consolidated all its global advertising communications, across Europe, Middle-East-Africa, South America, Mexico and Asia Pacific into Acce

ESI Group SA and Keysight Technologies Inc. announced the signing of a share purchase agreement for the acquisition by Keysight of a controlling stake in ESI Group representing a total of 50.6%1 of ESI Group's share capital and 55.7%1 of its theoretical voting rights (the “Controlling Block”) at a price of 155 euros per share in cash. ESI Group and Keysight are pleased to announce the completion today of the acquisition of the Controlling Block, following receipt of

Flux Power Holdings, Inc. a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced a new credit facility with Cleveland Capital L.P. (“CCLP”) and provided an update on its capital structure. The Company has taken the following recent actions to strengthen its capital structure: Secured a $15 million credit facility with Gibraltar Business Capital (“GBC

BorgWarner has clinched an agreement with a major North American OEM to supply its bi-directional 800V Onboard Charger (OBC) for the automaker's premium passenger vehicle battery electric vehicle (BEV) platforms. The technology leverages silicon carbide (SiC) power switches for improved efficiency and delivers amplified power density, power conversion and safety compliance. Start of production is slated for January 2027. "This is a big accomplishment for the team at BorgWar

The Association for Manufacturing Excellence awarded Teijin Automotive Technologies’ Lenoir, North Carolina, facility with its prestigious AME Excellence Award. The Teijin Automotive facility is the world’s first composites and molding manufacturing facility to win this award, which has been given out annually since 2010. The AME Excellence Award recognizes manufacturing facilities that demonstrate excellence in manufacturing and business operations. The award criteria d

Himiway, the long range ebike expert, is delighted to Pre-launch the Himiway C1 Kids eletric bike, a revolutionary product to the brand. With a visionary design philosophy that centers around children's well-being and a host of exceptional features, this eBike is set to transform the way children aged 4 to 12 experience the world. Today, children are massively exposed to screen-base media, which affect their physical health, mental well-being, and social development. According t

WOLFBOX, a leading provider of automotive electronics, is proud to announce its 4-year anniversary on November 3. Over the past four years, WOLFBOX has earned a reputation among over 2 million driver customers as a high-quality brand in the automotive electronics market. The company specializes in dash cams and car fridges, which are designed to enhance the driving experience. This year, with the launch of the WOLFBOX Level 2 Electric Vehicle (EV) Charger, the company is expanding its product

CTEK, a leading global brand in battery charging solutions, will exhibit at the 2023 SEMA Show as an official authorized SEMA battery charger sponsor. Sponsor of the SEMA Cruise, the company plans to introduce a SEMA Show limited edition bundle along with celebrity appearances and a special vehicle reveal in its Central Hall booth. As a global leader in the care and maintenance of vehicle batteries, the Show is the perfect location to showcase its products. "We are excited to b

Elitek Vehicle Services, an LKQ company, is joining the CCC Diagnostics Network (CCC) to include the reporting automation of remote diagnostic services. With this integration, customers will be able to view their scan reports and invoices directly in the CCC ONE work file, allowing the shop to save time and effort while standardizing the documentation of work being performed. This can assist customers in reducing cycle time and more easily providing documentation of work performed.

American all-electric vehicle manufacturer Rivian today announced the launch of a new apprenticeship program to support the development of trained staff at its future manufacturing plant in Stanton Springs North, Georgia. The program will recruit an initial group to support future industrial maintenance needs through a 24-month, in-depth training period. Local Georgia community colleges are able to accelerate in-person learning for 24 weeks, after which all apprentices will travel t

Hyliion Holdings Corp.a developer of KARNO generator and electric powertrain technologies, today announced that its innovative KARNO generator has successfully provided power to the electric grid. This achievement is a major step in technology development, and further demonstrates the generator’s viability in distributed grid applications. The rising demand for electricity is outpacing the capabilities of conventional power plants and the grid, creating a greater need for loca