NEW YORK, Jan. 21, 2020 /PRNewswire/ — Simpson Performance Products (“Simpson,” “SPP” or the “Company”), a portfolio company of New York-based private equity firm, BRS & Co. (“BRS”), acquired Clearwater Lights (“Clearwater”) from its founder, Glenn Stasky, who will become a senior member of the SPP team and continue to lead the Clearwater operation. Based in… Continue reading Simpson Performance Products Acquires Clearwater Lights
Author: PR Newswire Online News
Software Motor Company raises new $25 million round
SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ — Software Motor Company (SMC) has completed a $25 million financing round, including a first-time investment by BMW i Ventures. This fundraise will permit SMC to continue accelerating product development efforts and achieve new milestones. SMC intends to raise its final round in summer 2020. SMC has now raised… Continue reading Software Motor Company raises new $25 million round
Silvercar, Inc. bolsters mobility strategy with new key executives
AUSTIN, Texas, Jan. 21, 2020 /PRNewswire/ — Automotive mobility solutions company Silvercar, Inc. is looking toward the future and continued growth with the appointments of three new executives including Jefferson Macks, CFO, Kerry McGowne, EVP of Corporate Communications and Brand and Nathan Yang, VP of Product. The new members of the executive leadership team are a… Continue reading Silvercar, Inc. bolsters mobility strategy with new key executives
GKN Automotive and Delta Electronics Inc. Collaborate to Accelerate Development of Next-generation eDrive Technology
eDrive systems leader GKN Automotive and power electronics specialist Delta Electronics Inc. begin strategic collaboration Milestone relationship will accelerate delivery of scalable, next-generation 3-in-1 eDrive systems New integrated eDrive systems currently in development will enter production within three years to continue addressing a sizeable and rapidly expanding market TAIPEI, Jan. 20, 2020 /PRNewswire/ — GKN… Continue reading GKN Automotive and Delta Electronics Inc. Collaborate to Accelerate Development of Next-generation eDrive Technology
Meritor Acquires TransPower, Advancing its Electrification Expertise
TROY, Mich., Jan. 16, 2020 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it has acquired all the outstanding common shares of Transportation Power, Inc. (“TransPower”). Terms of the transaction were not disclosed. “We are excited to welcome TransPower to the Meritor family as we continue providing our customers with sophisticated electric drivetrain solutions,”… Continue reading Meritor Acquires TransPower, Advancing its Electrification Expertise
Roadster Salon’s First All-Electric Spider America Now Ready for Production
BARRINGTON, Ill., Jan. 16, 2020 /PRNewswire/ — Based on the beloved classic Fiat 124 convertible, The Spider America EV is the ultimate expression of Roadster Salon technology and craftsmanship. As seen in the Robb Report, https://robbreport.com/motors/cars/roadster-salone-1983-fiat-pininfarina-spider-america-ev-conversion-2891819/. Continue Reading The stunning Roadster Salon Spider America EV The resplendent Roadster Salon EV Jr The Spider America is… Continue reading Roadster Salon’s First All-Electric Spider America Now Ready for Production
FCA Improves the Purchase Experience for Electric Vehicles
FCA is taking steps to make choosing and buying an electric vehicle easier. The Chrysler brand website now features a direct link to purchase Mopar’s 240-volt wall charger on Amazon.com and quality installation services for any branded EV charger, giving customers a fast and convenient way to charge their vehicles at home. Additional FCA consumer websites… Continue reading FCA Improves the Purchase Experience for Electric Vehicles
Xpeng Motors 2019 Smart Car Review reveals insights on user behaviors
An accumulated 85.91 million kilometers has been driven by Xpeng G3 users in 2019, equivalent to 112 times round-trip to the moon. The longest distance driven by a G3 was 610,750 kilometers, equivalent to 1.5 times around the equator, according to data accumulated throughout 2019 by Xpeng Lab. Voice assistant and ACC most popular among… Continue reading Xpeng Motors 2019 Smart Car Review reveals insights on user behaviors
Fisker Ocean: New Dimensions, Features and Images Revealed Following Award-Sweeping CES 2020 Debut
“As the world’s first all-digital car company – aimed at shifting the paradigm on how a customer selects, test drives, services and experiences a vehicle – we’re humbled and delighted at the overwhelmingly positive response to the Fisker Ocean, our disruptive mobile app-based brand experience, our smarter business model approach and the emotionally-compelling design of… Continue reading Fisker Ocean: New Dimensions, Features and Images Revealed Following Award-Sweeping CES 2020 Debut
Kia Motors announces ‘Plan S’ strategy to spearhead transition to EV, mobility solutions by 2025
The Plan S strategy outlines Kia’s preemptive and enterprising ‘shift’ from a business system focused on internal combustion engine vehicles toward one centered on electric vehicles and customized mobility solutions. The company’s ongoing brand innovation and profitability enhancement will support the two-track Plan S strategy targeting the shift toward electric and autonomous vehicles as well… Continue reading Kia Motors announces ‘Plan S’ strategy to spearhead transition to EV, mobility solutions by 2025