Volta and Macy’s Expand Electric Vehicle Charging Stations

In 2014, Volta and Macy’s kicked off a partnership that has exceeded expectations by all measures. Over the past seven years, Macy’s and Volta have powered more than 7.6 million miles with zero tailpipe emissions. The partnership has further offset an estimated 3.4 million pounds of CO2 emissions, delivered 2.2 million kWh and saved 305,100… Continue reading Volta and Macy’s Expand Electric Vehicle Charging Stations

Veoneer, emotion3D and AVL develop personalized restraint control technology – a new level of automotive safety

STOCKHOLM, April 22, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), emotion3D, a leading pioneer in camera-based in-cabin monitoring software solutions, and AVL, a global leader in automotive development, testing and simulation, today announced their collaboration to develop the world’s first personalized and situation-aware restraint control technology system.  Current… Continue reading Veoneer, emotion3D and AVL develop personalized restraint control technology – a new level of automotive safety

Volvo Group – the first quarter 2021

GOTHENBURG, Sweden, April 22, 2021 /PRNewswire/ — “The first quarter of 2021 was characterized by high activity among our customers, which was reflected in good demand for both new products and services. Compared with the first quarter of 2020, our net sales increased by 3% to SEK 94.0 billion. The good sales volumes, not least… Continue reading Volvo Group – the first quarter 2021

Hankook Tire Supplies Original Equipment for 2021 Porsche 718 Models

“Porsche stands for particularly high-performance sports cars, delivering a high level of driving pleasure and, at the same time, full suitability for everyday use. However, this also makes tire development very complex,” says Sanghoon Lee, President of Hankook Tire Europe. “We are therefore very pleased with this original equipment, as it demonstrates the impressive performance… Continue reading Hankook Tire Supplies Original Equipment for 2021 Porsche 718 Models

Leading Automotive Software Companies Autofutura and GForces Merge

The new group, backed by Inflexion Private Equity, sees the combination of Autofutura, the global, data-driven business intelligence provider, with market leading automotive e-commerce and omnichannel supplier, GForces. It also benefits from the expertise of the recently acquired Chrysalis Loyalty business, now an integral part of Autofutura. The first of its kind in the industry,… Continue reading Leading Automotive Software Companies Autofutura and GForces Merge

SVOLT Launches the First Innovation Day at the Shanghai Auto Show, Backed with Industry Fund of 2 Billion Yuan

Mr. Yang Hongxin, Chairman and CEO of SVOLT, announces the strategy 2.0 of brand upgrade. The strategic layout of the enterprise will be more systematic, the implantation applies to passenger vehicles, commercial vehicles, light vehicles, as well as energy storage. The product categories will continuously increase and the market will keep expanding and become more… Continue reading SVOLT Launches the First Innovation Day at the Shanghai Auto Show, Backed with Industry Fund of 2 Billion Yuan

Technology Start-ups in Electric 3W are looking to manufacture an Alternate Eco-Friendly Mobility Option at a Cheaper Running Cost Expected to Drive the Electric 3W Market in India: Ken Research

GURUGRAM, India, April 19, 2021 /PRNewswire/ — Key Findings Electric 3 Wheelers accounted for only about 1% of the 2.8 lakh electric vehicles that availed purchase subsidies through Phase-1 of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-I) scheme between April 2015-March 2019. Amazon plans to add 10,000 electric rickshaws to its delivery fleet… Continue reading Technology Start-ups in Electric 3W are looking to manufacture an Alternate Eco-Friendly Mobility Option at a Cheaper Running Cost Expected to Drive the Electric 3W Market in India: Ken Research

Metalsa Announces Cash Tender Offer And Consent Solicitation

MONTERREY, Mexico, April 19, 2021 /PRNewswire/ — Metalsa, S.A. de C.V. (“Metalsa” or the “Company“) announced today that it has commenced a cash tender offer (the “Tender Offer“) for any and all of the outstanding U.S.$300,000,000 aggregate principal amount of its 4.900% Senior Notes due 2023 (the “Notes“). In conjunction with the Tender Offer, Metalsa is… Continue reading Metalsa Announces Cash Tender Offer And Consent Solicitation

Veoneer radar and stereovision in Mercedes EQS hands-off self-driving tech

STOCKHOLM, April 19, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), is proud supplier of critical building blocks in the Mercedes EQS, the electric sedan equipped to offer hands-off self-driving tech. Mercedes EQS Drive Pilot system is an example of collaborative driving; the car can take control under… Continue reading Veoneer radar and stereovision in Mercedes EQS hands-off self-driving tech

Karma Automotive Celebrates Initial Production Run Of 2021 GS-6 Luxury Sedan With Three Custom Design Themes

These GS-6 sedans pay homage to the state of California, where Karma’s vehicles are designed and produced. The customized vehicles highlight Karma’s new brand positioning and pricing model – one that will provide personalized vehicle options as the company expands its lineup to include the GS-6 Series, the Revero GT® and future product offerings yet… Continue reading Karma Automotive Celebrates Initial Production Run Of 2021 GS-6 Luxury Sedan With Three Custom Design Themes