ROCHESTER, N.Y., March 1, 2021 /PRNewswire/ — Hyzon Motors Inc. (“Hyzon” or the “Company”), a leading supplier of zero-emission hydrogen fuel cell powered heavy vehicles, today announced plans to build the largest fuel cell membrane electrode assembly (MEA) production line for commercial vehicles in the United States at its new Hyzon Innovation Center located in Bolingbrook,… Continue reading Hyzon Motors to Build United States’ Largest Fuel Cell Material Production Facility
Author: PR Newswire Online News
Dana Acquires Pi Innovo LLC, Further Enhancing e-Propulsion Software, Controls, and Electronics Capabilities
MAUMEE, Ohio, March 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has acquired Pi Innovo LLC a leader in embedded software solutions and electronic control units to support the light vehicle, commercial vehicle, and off-highway markets. Dana previously held a non-controlling interest. Headquartered near Detroit, Michigan, USA, the acquisition of Pi Innovo… Continue reading Dana Acquires Pi Innovo LLC, Further Enhancing e-Propulsion Software, Controls, and Electronics Capabilities
Nikola Corporation Reports Fourth Quarter and Full Year 2020 Results
PHOENIX, Feb. 25, 2021 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter and full year ended December 31, 2020. “In the fourth quarter of 2020, Nikola made the necessary changes to refocus and realign the company. You have seen us restructure our agreement… Continue reading Nikola Corporation Reports Fourth Quarter and Full Year 2020 Results
German Electric Vehicle (EV) manufacturer, e.GO Mobile, successfully closes Series B funding round
The round attracted renowned international investors from all around the globe, including Moore Strategic Ventures (MSV), the privately held investment company for Louis M. Bacon, founder & CEO of Moore Capital Management, LP; John Snow, Previous U.S. Secretary of Treasury; Alejandro Agag, the founder and Chairman of Formula E and a pioneer in EV racing… Continue reading German Electric Vehicle (EV) manufacturer, e.GO Mobile, successfully closes Series B funding round
Trov Mobility Partners with Zoom EV to Right-Size Coverage For Their New EV Car Share Program
LONDON, Feb. 24, 2021 /PRNewswire/ — Trov (www.trov.com), a global leader in embedded insurance technology, today announces the continuation of the company’s expansion in the United Kingdom through a new partnership with Zoom EV (www.zoom-ev.com), a British e-mobility brand with an innovative approach to car sharing. Zoom EV’s new car share service will allow auto-dealer networks… Continue reading Trov Mobility Partners with Zoom EV to Right-Size Coverage For Their New EV Car Share Program
Briggs Automotive Company Continues U.S. Expansion Into Michigan
BIRMINGHAM, Mich., Feb. 23, 2021 /PRNewswire/ — Briggs Automotive Company (BAC) is continuing its global expansion and today announced the launch of BAC Michigan, signing an agreement with luxury automotive dealership Platinum Motorcars Detroit (PMC) to bring its Mono supercar to the Midwest. Based in Birmingham, Michigan, just north of Detroit, Platinum Motorcars offers premium… Continue reading Briggs Automotive Company Continues U.S. Expansion Into Michigan
Hyundai Motor Group Appoints Ben Diachun as Chief Technology Officer for Urban Air Mobility Division
“We are excited to welcome Ben to Hyundai Motor Group as chief technology officer of our Urban Air Mobility Division,” President Shin said. “His track record of building groundbreaking aircrafts as well as agile, collaborative and diverse teams is critical to our mission to develop the best and most innovative design for our UAM vehicle.”… Continue reading Hyundai Motor Group Appoints Ben Diachun as Chief Technology Officer for Urban Air Mobility Division
ZF puts coASSIST Level2+ automated driving system on the road with Dongfeng Motor
The coASSIST system offers drivers significant comfort and safety benefits at a highly affordable cost – while meeting projected Euro NCAP 2025 test protocols and delivering popular Level2+ functions. Following the initial start of production, in future the system will also introduce ZF’s first launch of its Gen21 Mid-Range Radar. ZF’s is the full system… Continue reading ZF puts coASSIST Level2+ automated driving system on the road with Dongfeng Motor
Lucid Motors and Churchill Capital Corp IV Announce Investor Call to Discuss Proposed Merger
NEWARK, Calif. and NEW YORK, Feb. 23, 2021 /PRNewswire/ — Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, and Churchill Capital Corp IV (NYSE: CCIV), a special purpose acquisition company, announced today that they will hold an investor call and live Q&A with Peter Rawlinson, CEO and CTO… Continue reading Lucid Motors and Churchill Capital Corp IV Announce Investor Call to Discuss Proposed Merger
DHL Freight and Volvo Trucks join forces to speed up transition to fossil free road transport on longer distances
GÖTEBORG, Sweden, Feb. 23, 2021 /PRNewswire/ — DHL Freight, one of the leading road freight providers in Europe, and Volvo Trucks have partnered to speed up the introduction of heavy duty electric trucks to be used for regional transport in Europe. The combined effort marks another important step towards climate neutral transport solutions. So far,… Continue reading DHL Freight and Volvo Trucks join forces to speed up transition to fossil free road transport on longer distances