BYD’s New Blade Battery Set to Redefine EV Safety Standards

BYD highlighted a video of the Blade Battery successfully passing a nail penetration test, which is seen as the most rigorous way to test the thermal runaway of batteries due to its sheer difficulty. “In terms of battery safety and energy density, BYD’s Blade Battery has obvious advantages,” said Professor Ouyang Minggao, Member of the… Continue reading BYD’s New Blade Battery Set to Redefine EV Safety Standards

Wunder Mobility Acquires Leading Car Rental Technology Provider KEAZ

LOS ANGELES, March 27, 2020 /PRNewswire/ — Wunder Mobility announced today that it has acquired the technology and talent of Australia-based car-sharing and rental technology provider, KEAZ. KEAZ’s technology allows companies ranging from rental agencies, car dealerships and corporates to provide users with shared access to vehicles via a customized mobile application and powerful back-office management… Continue reading Wunder Mobility Acquires Leading Car Rental Technology Provider KEAZ

New Czinger 21C Interiors Feature Alcantara

Designers at Alcantara, the “Made in Italy” lifestyle brand based in Milan, worked with Czinger’s development team to create a range of cutting-edge applications for Alcantara’s lightweight and sustainable materials (100% Carbon Neutral since 2009) to customize the hypercar’s interior. A limited production run of just 80 hand-made 21C vehicles will take place in Los… Continue reading New Czinger 21C Interiors Feature Alcantara

CarMD Announces Early Test Results from Repair Shops Using PRO SCAN Vehicle Inspection Solution Find 80% of Cars and Trucks Need Repairs

IRVINE, Calif., March 25, 2020 /PRNewswire/ — CarMD.com Corporation, a leading provider of automotive diagnostic information and business solutions, today announced the test results from the first year of repair shop use of its CarMD PRO SCAN inspection solution. Of the more than 5,000 vehicles scanned by automotive repair shops that were early adopters and pilot… Continue reading CarMD Announces Early Test Results from Repair Shops Using PRO SCAN Vehicle Inspection Solution Find 80% of Cars and Trucks Need Repairs

The Coronavirus Pandemic is Likely to Weaken Kamux’s Financial Development in 2020

HELSINKI, March 20, 2020 /PRNewswire/ — The world-wide pandemic and related regulations and restrictions will cause considerable changes in the operating environment of Kamux Corporation (“Company”). According to the Company’s estimate, the changes will decrease the volume of its business and profitability in 2020, and it is not likely that the Company will be able… Continue reading The Coronavirus Pandemic is Likely to Weaken Kamux’s Financial Development in 2020

AB Volvo’s Board of Directors Withdraws Proposal of Extra Dividend, Maintains Ordinary Dividend

GÖTEBORG, Sweden, March 19, 2020 /PRNewswire/ — In light of the general uncertainty and the measures taken to slow down the spread of Covid19 and their effects on the Volvo Group, the Board of Directors of AB Volvo has decided to maintain the proposal to the Annual General Meeting on April 8, 2020 of an… Continue reading AB Volvo’s Board of Directors Withdraws Proposal of Extra Dividend, Maintains Ordinary Dividend

Smart Eye Crowned by Success, Announces 24 new Design Wins With Four Different OEMs in one Fell Swoop

STOCKHOLM, March 19, 2020 /PRNewswire/ — Of the four OEMs, two are new customers; one is an American high-volume car maker and one is a European premium manufacturer, and two are existing European premium customers. The estimated combined life-time value of the four contracts is at least 500 MSEK.  “I am exceptionally proud of Smart… Continue reading Smart Eye Crowned by Success, Announces 24 new Design Wins With Four Different OEMs in one Fell Swoop

Changan automobile UNI-T stunningly debut with astonishing design and high-intelligent technology

CHONGQING, China, March 19, 2020 /PRNewswire/ — Recently, China-based automaker Changan Automobile’s new model UNI-T made its formal worldwide debut, leveraging several futuristic technologies in tandem with a unique, avant-garde look. The model aroused heated debates with its AI-chip intelligent vehicle system, L3 autonomous driving system, which further demonstrates the carmaker’s adoption of futuristic technologies and… Continue reading Changan automobile UNI-T stunningly debut with astonishing design and high-intelligent technology

Kenneth R. Trammell returns to Tenneco as Interim Chief Financial Officer

LAKE FOREST, Ill., March 18, 2020 /PRNewswire/ — Tenneco Inc. (NYSE: TEN) today announced that Kenneth R. Trammell has been appointed to the role of interim Chief Financial Officer, effective April 1, 2020. Mr. Trammell’s appointment follows Jason Hollar’s decision to leave the role of Executive Vice President and Chief Financial Officer in order to… Continue reading Kenneth R. Trammell returns to Tenneco as Interim Chief Financial Officer

Scania Stops Production in Europe

SÖDERTÄLJE, Sweden, March 18, 2020 /PRNewswire/ — Scania plans to stop operations at most of its European production units on Wednesday next week (25 March) due to component shortages and the major disruptions that have occurred in the supplier and logistics chain as a result of the spread of COVID-19 in Europe. “To ensure our… Continue reading Scania Stops Production in Europe