STOCKHOLM and PONTEDERA, Italy, Nov. 4, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, and the Piaggio Group, one of the leading manufacturers of scooters and motorcycles, are collaborating to develop an airbag for powered two-wheelers, for greater rider safety. A joint development agreement was signed by the two parties… Continue reading Autoliv and the Piaggio Group join forces to develop a scooter and motorcycle airbag
Author: PR Newswire Online News
EV Technology Group announces strategic investment in MOKE International Limited
Other investors include the filmmaker Matthew Vaughn and the people behind brands including Vilebrequin and Fiat Chrysler ZUG, Switzerland, Nov. 4, 2021 /PRNewswire/ — EV Technology Group Inc. (“EVT”) has announced that it has made a strategic lead investment in MOKE International Limited (“MIL”), the official producer of MOKE vehicles since 2015 when it acquired… Continue reading EV Technology Group announces strategic investment in MOKE International Limited
Hyundai Motor Teases Sneak Peek of SEVEN, All-Electric SUV Concept
The teased images reveal a form following function design that dares to diverge from traditions of the internal combustion engine era. SEVEN’s lighting architecture is defined by Parametric Pixels, IONIQ’s unique design identity connecting analog with digital emotions. SEVEN’s interior suggests a premium and personalized lounge ambience, deepening the space innovation that Hyundai Motor has… Continue reading Hyundai Motor Teases Sneak Peek of SEVEN, All-Electric SUV Concept
Graybar Announces Acquisition of Metro Electric Supply and Metro Lighting
ST. LOUIS, Miss., Nov. 3, 2021 /PRNewswire/ — Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today announced that it has acquired Metro Electric Supply and Metro Lighting. Headquartered in St. Louis, Mo., Metro is a regional distributor that primarily serves homebuilders… Continue reading Graybar Announces Acquisition of Metro Electric Supply and Metro Lighting
Senmiao Technology Announces Signing of Cooperation Agreement with Guizhou Zhongxuan Online Ride-hailing Operation Group Ltd.
CHENGDU, China, Nov. 3, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a new cooperation agreement (the “Agreement”) with Guizhou Zhongxuan Online Ride-hailing Operation Group Ltd. (“Zhongxuan”),… Continue reading Senmiao Technology Announces Signing of Cooperation Agreement with Guizhou Zhongxuan Online Ride-hailing Operation Group Ltd.
BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner has secured a contract with a major OEM to supply high voltage inverters for battery electric vehicle (BEV) platforms including a variety of passenger cars and trucks. The business award marks the company’s largest major silicon carbide based (SiC) inverter win and the first silicon carbide based… Continue reading BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM
Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock
ESTERO, Fla., Nov. 3, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZZ) (“Hertz” or the “Company”) announced today that it has launched a public offering of its common stock by certain stockholders of Hertz. The selling stockholders are offering 37,100,000 shares of Hertz common stock, of which Hertz intends to repurchase from the underwriters shares having… Continue reading Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock
BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner will be providing a new, high-voltage silicon carbide (SiC) inverter to a large German automaker for implementation in its next-generation electric vehicles. The BorgWarner 800V SiC inverter with proprietary power switches provides a more compact and efficient power module, resulting in higher electric vehicle range and enhanced driving… Continue reading BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles
e.GO Mobile electric vehicle manufacturer announces launch of smart Battery Swap service – the “e.Pit”
Customers, who may find themselves in need of dealing with an unexpected occasion that requires a trip longer than usual, could utilize this smart in-built feature of their e.GO Life to swap the nearly depleted battery with a fully charged one in a designated e.GO battery swap station – the “e.Pit”. They can pick up… Continue reading e.GO Mobile electric vehicle manufacturer announces launch of smart Battery Swap service – the “e.Pit”
Subaru Of America, Inc. Reports October Sales
“Subaru, like the rest of the auto industry, faces a severe shortage of semi-conductor chips and other key components, that directly impacts our vehicle production. We are working tirelessly, alongside our retailers, to get customers the vehicles they want and need as quickly as possible,” said Thomas J. Doll, President and CEO, Subaru of America,… Continue reading Subaru Of America, Inc. Reports October Sales