SAN FRANCISCO, April 28, 2020 /PRNewswire/ — rideOS, a leading Mobility as a Service technology provider that empowers businesses to build, operate and scale on-demand transportation offerings, today announced that Alto is utilizing the rideOS platform to manage its elevated rideshare service and accelerate its entry into last-mile delivery. Alto is now taking full-advantage of rideOS’… Continue reading rideOS Selected by Alto to Scale Its On-Demand Multi-Service Mobility Business
Author: PR Newswire Online News
Alcantara Re-Opens Umbria Plant In Italy
“Our decision to close the plant in March was based on a need to guarantee the safety of our employees,” said Alcantara Chairman and CEO Andrea Boragno. The facility has since undergone a deep-sanitization process and returning employees are being provided with masks, gloves and goggles as they enter the plant. Boragno added “It is… Continue reading Alcantara Re-Opens Umbria Plant In Italy
With New Partners, CATL Strengthens Commitment to Commercial Vehicle Electrification in Europe
NINGDE, China, April 27, 2020 /PRNewswire/ — Reacting to the growing trend towards e-mobility, Contemporary Amperex Technology Co. Limited (CATL) (300750.SZ), the global leading EV battery manufacturer, is expanding partnerships with VDL Bus & Coach B.V. and Quantron AG to optimize local product solutions and services for commercial vehicle electrification in Europe. The new partnerships… Continue reading With New Partners, CATL Strengthens Commitment to Commercial Vehicle Electrification in Europe
Neutrino Energy: An Ideal Power Source for Self-Driving Taxis
BERLIN, April 24, 2020 /PRNewswire/ — Neutrino Energy Group founder Holger Thorsten Schubart proposes that Neutrino Energy could power electric cars. Recently, self-driving taxi service Cruise announced that its all-electric fleet of cars will now run on renewable energy. Even in Southern California, however, there isn’t enough sunshine to power the self-driving taxi fleets of the future with… Continue reading Neutrino Energy: An Ideal Power Source for Self-Driving Taxis
AutoLiv: Financial Report January – March 2020
STOCKHOLM, April 24, 2020 /PRNewswire/ — Q1 2020: Perhaps, the end of the beginning Financial highlights Q1 2020 $1,846m net sales 13% organic sales decline* 7.3% operating margin 7.4% adj. operating margin* $0.86 EPS – a decrease of 32% $0.88 adj. EPS* – a decrease of 27% Full year 2020 indications No indications will be provided until effects of… Continue reading AutoLiv: Financial Report January – March 2020
Veoneer: Financial Report January – March 2020
STOCKHOLM, April 24, 2020 /PRNewswire/ — Financial Summary – Q1’20 Underlying financial results better than expected, due to our Market Adjustment Initiatives (MAI) Net Sales $362 million Net Sales decline 27% including Organic Sales1 decline 15%, 9pp better than the global LVP Active Safety Net Sales decline 15% including Organic Sales decline of 13% Operating… Continue reading Veoneer: Financial Report January – March 2020
Veoneer to Focus on Core Electronics Business
STOCKHOLM, April 23, 2020 /PRNewswire/ — The automotive technology company, Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), has, following a strategic review, decided to exit the brake control business and has signed a non-binding agreement with a well-established automotive supplier to divest Veoneer’s yet to be launched US brake control programs. Following the strategic review… Continue reading Veoneer to Focus on Core Electronics Business
Kia Motors Delivers 15,000 Medical Use Face Shields To The Georgia Emergency Management Agency
“Kia Motors Manufacturing Georgia asked how they could help, and then stepped up to provide life-saving equipment for the heroes on the front lines in the battle against COVID-19,” said Georgia Department of Economic Development Commissioner, Pat Wilson. “We thank Kia once again for being such a strong partner in our Georgia-made family.” Face shields are… Continue reading Kia Motors Delivers 15,000 Medical Use Face Shields To The Georgia Emergency Management Agency
Hellobike Launches Yunqi, the Next-Generation E-Bike, to Offer a Safer, More Efficient Urban Transportation Solution to Help Citizens Maintain Social Distancing
As China has seen a drastic drop in the number of newly confirmed cases of COVID-19, many cities are emerging from the lockdown. While people are turning to shared mobility services to maintain a safe physical distance to avoid the resurgence of the virus, E-bike is becoming a popular mode of transportation among urbanites. According… Continue reading Hellobike Launches Yunqi, the Next-Generation E-Bike, to Offer a Safer, More Efficient Urban Transportation Solution to Help Citizens Maintain Social Distancing
The Volvo Group and Daimler Truck AG to Lead the Development of Sustainable Transportation by Forming Joint Venture for Large-scale Production of Fuel Cells
GÖTEBORG, Sweden, April 21, 2020 /PRNewswire/ — Sharing the Green Deal vision of sustainable transport and a carbon neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The intention is to develop, produce… Continue reading The Volvo Group and Daimler Truck AG to Lead the Development of Sustainable Transportation by Forming Joint Venture for Large-scale Production of Fuel Cells