HERZLIYA, Israel, June 9, 2020 /PRNewswire/ — Upstream Security announced today that it has secured an expansion of its Series B funding with an investment by Salesforce Ventures. The undisclosed amount is in addition to $30 million previously invested by Alliance Venture Capital (Renault, Nissan, Mitsubishi), Hyundai, Nationwide Insurance, Volvo Group, and others. Upstream offers specialized… Continue reading Upstream Expands Series B Funding
Author: PR Newswire Online News
AAM Announces Proposed Senior Notes Offering
DETROIT, June 9, 2020 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) (“Holdings”) announced today that its wholly owned subsidiary, American Axle & Manufacturing, Inc. (“AAM”), is planning a public offering of $400 million of senior notes, subject to market and other conditions. The notes will bear interest at a rate to be determined… Continue reading AAM Announces Proposed Senior Notes Offering
FLX Raises $12 Million To Produce The Babymaker Electric Road Bike
SAN DIEGO, June 8, 2020 /PRNewswire/ — With a total raise of over $12 Million Dollars, FLX Bike ended funding for The Babymaker electric road bike last night. FLX, led by vegan founders Rob Rast and Pete Leaviss, launched the Babymaker on crowdfunding platform Indiegogo on March 17th. The goal was to raise $20,000 to… Continue reading FLX Raises $12 Million To Produce The Babymaker Electric Road Bike
Karma Automotive Names New Chief Strategy Officer To Drive Corporate Growth
As CSO, Tarr will report directly to Karma CEO Dr Lance Zhou, providing valuable insight and leadership for Karma’s business model, strategic innovation and future product portfolio. As Karma Automotive develops future vehicle programs across Electric Luxury Cars, Supercars, Commercial Vehicles and Technology Platforms, Tarr’s strategic guidance will strengthen the company’s growing global presence and… Continue reading Karma Automotive Names New Chief Strategy Officer To Drive Corporate Growth
GAC MOTOR Delivers the First All-electric Vehicle GE3 Overseas
As an environmentalist, Mr. Ben Hion has always wanted to own an electric car. He was attracted by the exterior design of the GE3 when he first saw it advertised on social media. The background of GAC MOTOR as a car manufacturer with rich experience and its partnership with the Union Group, one of Israel’s largest… Continue reading GAC MOTOR Delivers the First All-electric Vehicle GE3 Overseas
Valens’ VA7000 Automotive Family: Delivering Resilient, High-Speed, Long-Reach Sensor Connectivity
HOD HASHARON, Israel, June 4, 2020 /PRNewswire/ — Valens, the leader in high-speed in-vehicle connectivity, today announced the VA7000 family of automotive chipsets, which will deliver ultra-high-speed connectivity with the most resilient physical layer (PHY) for error-free links and high EMI immunity. The VA7000 chipsets will be the first in the industry to implement the MIPI… Continue reading Valens’ VA7000 Automotive Family: Delivering Resilient, High-Speed, Long-Reach Sensor Connectivity
Nikola Orders Enough Electrolysis Equipment From Nel to Produce 40,000 kgs of Hydrogen Per Day
PHOENIX, June 3, 2020 /PRNewswire/ — Nikola Corporation who becomes publicly traded on June 4, 2020 on the Nasdaq (NKLA), signed a purchase order with Nel ASA (Nel, OSE: NEL), for 85-megawatt alkaline electrolyzers supporting five of the world’s first 8 ton per day hydrogen fueling stations. Together, these electrolyzers may produce over 40,000 kgs… Continue reading Nikola Orders Enough Electrolysis Equipment From Nel to Produce 40,000 kgs of Hydrogen Per Day
Subaru Of America, Inc. Reports May 2020 Sales
“While we at Subaru of America continue to feel the effects the pandemic has had on both the auto industry and the country as a whole, we are hopeful that our May results show a positive change,” said Thomas J. Doll, President and CEO, Subaru of America. “Our retailers have gone above and beyond to… Continue reading Subaru Of America, Inc. Reports May 2020 Sales
Mazda informa resultados de las ventas de mayo
IRVINE, California, 2 de junio de 2020 /PRNewswire-HISPANIC PR WIRE/ — Mazda North American Operations (Operaciones Norteamericanas de Mazda, MNAO) informó hoy un total de ventas en mayo de 24,933 vehículos, 1.0 por ciento menos que en mayo de 2019. Las ventas en el año hasta la fecha sumaron 103,543 vehículos, una disminución de 10.5 por… Continue reading Mazda informa resultados de las ventas de mayo
Locus Robotics Announces $40 Million Series D Investment
WILMINGTON, Mass., June 2, 2020 /PRNewswire/ — Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, announced that it raised more than $40 million in Series D funding led by Zebra Ventures, the strategic investment arm of Zebra Technologies. Existing investors, including Scale Venture Partners, also participated in the round. The Series… Continue reading Locus Robotics Announces $40 Million Series D Investment