LOS ANGELES, Feb. 17, 2021 /PRNewswire/ — AMP – a startup led by an EV pioneer from Tesla behind patented charging/battery control solutions that power electric mobility worldwide – is announcing a round of investment led by prominent venture capital firms 8VC, Ajax Strategies and Fontinalis. The company’s explosive growth – fueled by a team with dozens of… Continue reading AMP’s Energy Management Systems Are Powering Most of the World’s Top E-OEMs, Investment Round Announced
Author: PR Newswire Online News
McLaren unveils all-new, next-generation High-Performance Hybrid supercar – the McLaren Artura
McLaren Automotive, the British creator of luxury, high-performance supercars, has revealed the long-anticipated McLaren Artura today, marking the beginning of both a new chapter for the pioneering luxury supercar company and a new era in supercar technology and performance. Underpinned by the McLaren philosophy of super-lightweight engineering, the Artura is a distillation of every attribute… Continue reading McLaren unveils all-new, next-generation High-Performance Hybrid supercar – the McLaren Artura
Autoliv Announces New Inflator Manufacturing Plant in India
BANGALORE, India, Feb. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position. This is the latest development in Autoliv’s long commitment to the Indian market through… Continue reading Autoliv Announces New Inflator Manufacturing Plant in India
BorgWarner Agrees to Acquire AKASOL AG, Seeking to Expand Electrification Portfolio
AUBURN HILLS, Mich. and DARMSTADT, Germany, Feb. 15, 2021 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) and AKASOL AG (ETR: ASL) today announced that they have signed a Business Combination Agreement (“BCA”) to position BorgWarner to significantly expand its commercial vehicle electrification capabilities. As part of the agreement, a wholly-owned subsidiary of BorgWarner will launch a… Continue reading BorgWarner Agrees to Acquire AKASOL AG, Seeking to Expand Electrification Portfolio
Navistar Acquires Second Property In San Antonio Ahead Of Plant Launch In 2022
The expansion in Texas is part of Navistar 4.0, the company’s enterprise-wide growth strategy. Navistar’s under-construction 900,000-square-foot plant in San Antonio will produce Class 6-8 vehicles, including new electric-powered trucks. The additional property will bring resources closer to manufacturing operations. “We’re increasing our investment in San Antonio because local and state leaders have created a business… Continue reading Navistar Acquires Second Property In San Antonio Ahead Of Plant Launch In 2022
GreenPower Reports Fiscal Third Quarter 2021 Financial Results
VANCOUVER, B.C., Feb. 11, 2021 /PRNewswire/ — GreenPower Motor Company Inc. (Nasdaq:GP) (TSXV:GPV) (“GreenPower”), a leading manufacturer and distributor of zero emission electric powered vehicles serving the cargo and delivery, shuttle, transit and school bus markets, today announced financial results for its fiscal third quarter ended December 31, 2020. Highlights of the third quarter: delivered 17… Continue reading GreenPower Reports Fiscal Third Quarter 2021 Financial Results
Alpha Motor Corporation Releases The Striking Electric Jax™ Crossover Utility Vehicle
IRVINE, Calif., Feb. 11, 2021 /PRNewswire/ — Alpha Motor Corporation has unveiled the new Electric Jax™, the automotive company’s crossover utility vehicle built on a shared platform with the Alpha ACE™. Additional information on the Electric JAX™, including its price, are available on https://www.alphamotorinc.com. Tweet this JAX™, which stands for “Junior All-terrain Crossover”, is positioned as… Continue reading Alpha Motor Corporation Releases The Striking Electric Jax™ Crossover Utility Vehicle
EVgo Further Extends Nation’s Largest Fast Charging Network to Tesla Drivers
LOS ANGELES, Feb. 11, 2021 /PRNewswire/ — EVgo, the nation’s largest public fast charging network for electric vehicles (EVs), is expanding its offering for Tesla drivers to charge at more EVgo stations across the country, upgrading hundreds of its stations with integrated Tesla connectors. This will further EVgo’s reach as the only EV charging platform… Continue reading EVgo Further Extends Nation’s Largest Fast Charging Network to Tesla Drivers
Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe
Platform to Track and Manage Deletion of Personal Information in Vehicles Now Available in the UK and EU LONDON, Feb. 11, 2021 /PRNewswire/ — Fimatix UK Ltd, a leading Digital Technology Services Consultancy, announced today a new distribution partnership with Privacy4Cars, the first-of-its-kind platform designed to help erase Personal Information (PI) from modern vehicles. The… Continue reading Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe
Haldex Year-End Report January – December 2020
STOCKHOLM, Feb. 11, 2021 /PRNewswire/ — Strong sequential recovery and improved adjusted operating income FOURTH QUARTER 2020 Sales fell by 13% to SEK 989m (1,141). In currency-adjusted terms, the decline was 6%. Gross margin improved by 3 percentage points to 28.6% (25.6). The improvement is attributed to the closure of production units as well as… Continue reading Haldex Year-End Report January – December 2020