Canoo Names Ambassador Josette Sheeran President

“I’ve gotten to know Josette over the last year since investing in Canoo, recruiting her to the board, and being able to work alongside her during the state selection process on our innovative advanced mega- micro manufacturing factory in Oklahoma,” said Tony Aquila, Chairman & CEO, Canoo Inc. “She brings vast experience in US and… Continue reading Canoo Names Ambassador Josette Sheeran President

Volta Charging Announces New Station Installation In Renton, Washington

Founded on the premise that the electrification of mobility is likely to be one of the largest infrastructural shifts of this generation, Volta Charging builds and operates a nationwide EV charging network that is among the best utilization per station for the United States. Centered around capturing new spending habits expected to result from the shift to… Continue reading Volta Charging Announces New Station Installation In Renton, Washington

Churchill Capital Corp IV Stockholders Approve Lucid Business Combination

NEW YORK, July 23, 2021 /PRNewswire/ — Churchill Capital Corp IV (“Churchill IV” or “CCIV”) (NYSE: CCIV), a publicly traded special purpose acquisition company, announced that in a special meeting held today, its stockholders voted to approve the proposals required to complete its combination with Lucid Motors (“Lucid”), a leader in EV technology which is… Continue reading Churchill Capital Corp IV Stockholders Approve Lucid Business Combination

Financial Report April – June 2021: Veoneer

STOCKHOLM, July 23, 2021 /PRNewswire/ — Financial Summary – Q2’21 Sequential improvement in operating loss and cash flow despite lower than expected LVP and continued supply chain challenges Net Sales $398 million, Net sales increase 116%, Organic Sales1 108% Active Safety Net Sales increase 149%, Organic Sales increase 140% Operating cash flow $(69) million. Cash… Continue reading Financial Report April – June 2021: Veoneer

Magna to acquire Veoneer, positioning Magna’s ADAS business as a global leader in a fast-growing industry

 – Veoneer’s complementary products and capabilities strengthen and broaden Magna’s ADAS portfolio and industry position – Transaction adds significant engineering and software expertise, including in sensor perception and drive policy software – Enhances Magna’s ADAS systems capabilities and feature functionality AURORA, Ontario and STOCKHOLM, July 23, 2021 /PRNewswire/ — Magna International Inc. (TSX: MG;NYSE: MGA) and Veoneer,… Continue reading Magna to acquire Veoneer, positioning Magna’s ADAS business as a global leader in a fast-growing industry

Alpha Motor Corporation Releases SUPERWOLF™, New Pure Electric Crew Cab Truck Built for Adventure, Utility and Sustainability

IRVINE, Calif., July 22, 2021 /PRNewswire/ — Alpha Motor Corporation has just unveiled the new SUPERWOLF™, the automotive company’s pure electric pickup truck. The SUPERWOLF™ comes with four full-sized doors and is built on a shared architecture that powers the previously shown WOLF+™. It’s a multipurpose adventure vehicle that further expands utility, interior space, and customizability,… Continue reading Alpha Motor Corporation Releases SUPERWOLF™, New Pure Electric Crew Cab Truck Built for Adventure, Utility and Sustainability

ZF Secures Nearly $6 Billion Axle Contract for Marysville, Michigan Facility

“This contract signifies a bright future for our plant, employees and community,” explained Wolfgang Moenig, vice president, product line axle drives North America, ZF Group. “We are committed to growing and developing business and products over time to meet our OE customers’ needs and support them in delivering high-quality systems to the driving public.” ZF… Continue reading ZF Secures Nearly $6 Billion Axle Contract for Marysville, Michigan Facility

Churchill Capital Corp IV Chairman and CEO Michael Klein and Lucid Motors CEO and CTO Peter Rawlinson to Host Investor Call Today at 11:30 AM to Discuss Lucid Business Combination and Importance of Voting as Soon as Possible

NEW YORK, July 22, 2021 /PRNewswire/ — Churchill Capital Corp IV (“Churchill IV” or “CCIV”) (NYSE: CCIV), a special purpose acquisition company, and Lucid Motors (“Lucid”), which is setting new standards for sustainable mobility with its advanced luxury EVs, announced today that they will host a live investor call on Thursday, July 22 at 11:30 a.m. ET… Continue reading Churchill Capital Corp IV Chairman and CEO Michael Klein and Lucid Motors CEO and CTO Peter Rawlinson to Host Investor Call Today at 11:30 AM to Discuss Lucid Business Combination and Importance of Voting as Soon as Possible

Beep Expands Autonomous Vehicle Testing with New Headquarters in Lake Nona, Fla.

ORLANDO, Fla., July 21, 2021 /PRNewswire/ — Beep – a global leader in multi-passenger, electric, autonomous mobility solutions –today announced the company’s grand opening of its headquarters in Lake Nona, Fla. The 10,000 square-foot facility is now home the Beep Command Center, a state-of-the-art, centralized command center used to actively monitor all autonomous projects for an… Continue reading Beep Expands Autonomous Vehicle Testing with New Headquarters in Lake Nona, Fla.

Lilium Announces Capital Markets Day

MUNICH and SAN FRANCISCO, July 21, 2021 /PRNewswire/ — Lilium GmbH (“Lilium”), positioned to be a global leader in regional electric air mobility with the development of its 7-Seater electric vertical take-off and landing jet, will hold a Capital Markets Day on August 2nd, 2021 at 11:00 a.m. ET ahead of its planned listing on the… Continue reading Lilium Announces Capital Markets Day