Press Releases

LG Energy Solution (KRX: 373220), a leading global manufacturer of advanced lithium-ion batteries, unveiled its ESS business strategies for the U.S. to capitalize on its fast-growing energy storage market. The announcement was made at RE+ 2023, the renewable energy industry’s global trade fair taking place Sept. 11-14 at the Venetian Convention and Expo Center in Las Vegas. At the exhibit, LG Energy Solution is also showcasing its cutting-edge products and system solutions that could re

Eaton, the intelligent power management company, today announced that its power connectivity business can now power electric and internal combustion passenger vehicles as well as on- and off-highway Stamped battery terminals are available for on-highway commercial vehicles. Eaton's stamped battery terminals offer several benefits, including higher energy cycle efficiency compared to die-cast or forged terminals and varying degrees of weight savings depending on the application.

Asbury Automotive Group, Inc. (NYSE: ABG), one of the U.S.’ largest automotive retail and service companies, signed a definitive agreement to acquire Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S. The sale of the Mid-Atlantic Region company is one of the most sizable in auto retail history, representing over $3 billion in revenue in 2022 and includes 20 dealerships, 29 franchises, six collision centers and one of the highest volume Toyota

Autonomy™, the nation’s largest electric vehicle subscription company, and EV Mobility, LLC., the leading all-electric vehicle car-sharing platform announce they have entered into an agreement whereby once certain conditions are met Autonomy will acquire the technology, assets and customer accounts of EV Mobility. The acquisition will accelerate flexible (hourly, daily, weekly, monthly, and yearly) access to an EV to a broader market by making an electric vehicle available to anyo

Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, today announced the debut of Emeya, the Company's first and one of the world's most advanced electric hyper-GT vehicles.   Emeya integrates Lotus's 75-year expertise in engineering and design with advanced innovations to deliver a distinct driving experience in a four-door luxury performance vehicle. Equipped with the brand's iconic active a

Aperia Technologies, Inc., a global leader in tire management solutions that improve the safety and efficiency of commercial vehicles, is pleased to announce the unveiling of its new company headquarters, a testament to its remarkable growth and commitment to pioneering innovation. Strategically located in the heart of Silicon Valley, the move to the larger, state-of-the-art facility reinforces Aperia’s commitment to innovation and sustainability, and will accommodate the comp

Mitsubishi Heavy Industries, Ltd.(MHI) has launched the H-IIA Launch Vehicle No. 47 (H-IIA F47) carries aboard "XRISM(1)" and "SLIM(2)" produced by JAXA at 8:42:11am, September 7, 2023. H-IIA F47 flight proceeded nominally. XRISM separated approximately 14 minutes 9 seconds after launch and SLIM separated approximately 47 minutes 33 seconds after launch, as planned. MHI expresses sincere appreciation for the support by all. (1) X-Ray Imaging and

TTTech Auto, the leading provider of automotive safety software, and mimik Technology Inc., the pioneer in hybrid edge cloud (HEC) solutions, are pleased to announce an exciting new partnership aimed at enhancing safety and transforming the driving experience of next-generation cars. Through the integration of mimik's cutting-edge platform with TTTech Auto's proven safety solutions, this collaboration will pave the way for unprecedented advancements in Software Defined Vehicle (SDV),

Greenworks® introduces battery-powered transportation with extreme power, range, and style that the entire family can enjoy -- including an electric Go-Kart, Minibike, three E-Bikes, Scooter, and a UTV. It's the first and most extensive electric transportation portfolio that runs on popular, nationwide lithium-ion battery platforms, which also power a wide range of outdoor power equipment, lifestyle products, and even power tools. The latest battery-powered innovation from industry le

ACERTUS, the largest automotive logistics-as-a-service platform, today announced its strategic acquisition of RCG Logistics, a transportation and remarketing provider. This latest investment will allow ACERTUS to extend its product offerings with salvage and repossession, and deliver world-class products and services to additional VIN types, including motorsports, RVs, and other oversized vehicles regardless of condition. The acquisition advances ACERTUS’ targeted growth strat

Rightware today announced it has entered into an agreement with Toyota Motor Corporation for the use of its Kanzi One HMI software to create in-vehicle experiences for global models of the Toyota and Lexus brands. As proven by the current generation of Toyota vehicles around the globe, the combination of Kanzi One and the unmatched automotive experience of the Kanzi Services team gives Toyota the flexibility and design capabilities to enhance their brand and delight drivers.

Maxion Wheels, the world’s largest producer of wheels, launched today, Maxion BIONIC, the company’s latest light vehicle wheel innovation from its booth at IAA Mobility 2023. Developed by teams in Brazil, Mexico, United States, and Germany, Maxion BIONIC answers the growing demand from OEMs for affordable, stylish, and sustainable wheel solutions especially for light vehicle programs where wheel load is increasing. “Maxion BIONIC is the new alternative fo

Reiterating Tata Group’s vision of preserving environmental sustainability with its unique manufacturing practices, Tata Motors and Tata Power Renewable Energy Limited (TPREL), a leading player in the renewable energy sector and a subsidiary of Tata Power have entered into a Power Purchase Agreement (PPA) to develop a new 12MWp on-site solar project at Tata Motors’ Pune commercial vehicle manufacturing facility. A significant step towards attaining green manufacturing, the install

Telechips (KOSDAQ:054450) is gearing up to make its debut at IAA Mobility 2023, the annual global mobility show set to take place in Germany. This move signifies Telechips' endeavor to expand its business and align with the growing demand in the future mobility market shifting towards the Software Defined Vehicles (SDV) trend. Telechips, a comprehensive semiconductor design specialist for automotive applications, was founded in 1999 and became publicly listed on the KOSDAQ marke

A news report from iChongqing- The 2023 Smart China Expo (SCE 2023) is primed to roll out from September 4 to 6 at the Chongqing International Expo Center, with annual topics including Intelligent Connected New Energy Vehicles  (NEVs) and Digital China, as announced in a recent press conference. This year's Expo discusses the revolution of intelligent transportation through enhancements like real-time traffic scheduling, intelligent parking, and the digital management of ve