The exciting update emphasizes the inventive solutions mindset at Veo. “Since we founded this company, we are constantly thinking about what are some of the toughest problems cities are facing today,” said Edwin Tan, President, Veo. “By shortening our brand name from VeoRide to Veo, we open up possibilities to embrace new services, technologies, and… Continue reading Micromobility Innovation Leader VeoRide Unveils Futuristic Veo Brand
Author: PR Newswire Online News
BorgWarner Secures Business Win for its First Mass-market eTurbo™ Application
AUBURN HILLS, Mich., Jan. 23, 2020 /PRNewswire/ — BorgWarner has secured a contract with a major European OEM to supply its high performing eTurbo™ on a passenger vehicle. This business award marks the company’s first serial production contract for the eTurbo, with production slated to begin in 2022. With the eTurbo’s key performance and energy-usage… Continue reading BorgWarner Secures Business Win for its First Mass-market eTurbo™ Application
Karma Joins The Alliance For Automotive Innovation
WASHINGTON, Jan. 22, 2020 /PRNewswire/ — Karma, the Southern California-based high-tech mobility incubator and creator of luxury electric vehicles, and the Alliance for Automotive Innovation, the singular, authoritative and respected voice of the automotive industry, today announced the company has joined the organization as its newest member. With a shared focus on innovation, technology and growth,… Continue reading Karma Joins The Alliance For Automotive Innovation
Lucid Motors Opens Reservations for the Lucid Air in Europe, Fulfilling its Promise to Bring the Groundbreaking All-Electric Sports Sedan to Multiple Markets
For the equivalent of $1,000 USD, customers in Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Italy, Monaco, Netherlands, Norway, Spain, Sweden, and Switzerland will secure their place in line for the Lucid Air. Specific markets were selected due to a combination of charging infrastructure and market acceptance and size. Expansion in Europe is planned in… Continue reading Lucid Motors Opens Reservations for the Lucid Air in Europe, Fulfilling its Promise to Bring the Groundbreaking All-Electric Sports Sedan to Multiple Markets
OXIS Energy Is Close to Achieving 500Wh/kg and Is Targeting 600Wh/kg With Solid State Lithium Sulfur Technology
OXIS has also successfully developed a standard Li-S battery module that saves production time and cost. It is the key building block for customer batteries and can be utilised in electric buses, electric trucks, aircraft and marine vessels. Its main features are: Lightweight design – less than 20% of the module is non-cell mass ensuring… Continue reading OXIS Energy Is Close to Achieving 500Wh/kg and Is Targeting 600Wh/kg With Solid State Lithium Sulfur Technology
Simpson Performance Products Acquires Clearwater Lights
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
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