Genuine Parts Company Reports Third Quarter 2020 Results

ATLANTA, Oct. 22, 2020 /PRNewswire/ — Genuine Parts Company (NYSE: GPC) announced today its results for the third quarter and nine months ended September 30, 2020. “The GPC team remained focused on our top priorities through the third quarter, aggressively managing our operations through the challenges of COVID-19. We are proud of everyone’s hard work… Continue reading Genuine Parts Company Reports Third Quarter 2020 Results

ADASKY Secures $15M investment from existing shareholders as part of Series B investment round

YOKNE’AM, Israel, Oct. 22, 2020 /PRNewswire/ — ADASKY, an Israeli startup engaged in developing and manufacturing revolutionary thermal imaging (LWIR) systems for automotive and pedestrian safety, announced today that it has secured a $15M investment from existing shareholders Kyocera Corporation and Sungwoo-Hitech Co., Ltd, as part of a Series B investment round. This ongoing funding round… Continue reading ADASKY Secures $15M investment from existing shareholders as part of Series B investment round

Nexteer Unveils New High-Output Electric Power Steering System

AUBURN HILLS, Mich., Oct. 21, 2020 /PRNewswire/ — Nexteer Automotive launches High-Output Electric Power Steering (EPS) that delivers advanced safety and comfort features as well as enhanced fuel efficiency for heavy-duty (HD) trucks and light commercial vehicles (LCVs). Now with the ability to steer these vehicle types electrically, drivers of HD trucks and LCVs can benefit… Continue reading Nexteer Unveils New High-Output Electric Power Steering System

FCA Enhances Online Retailing Experience

AUBURN HILLS, Mich., Oct. 21, 2020 /PRNewswire/ — Online Retailing Experience to now be called E-Shop Test drive appointments, online chats and other features to be added to E-Shop FCA is enhancing consumer capability to buy a Chrysler, Dodge, Jeep®, Ram, Fiat or Alfa Romeo vehicle over the internet by offering several new features to… Continue reading FCA Enhances Online Retailing Experience

SuperCharge – new road-car based global electric motorsport series unveiled

Designed to appeal to audiences of all ages, SuperCharge has been created, in consultation with some of the world’s leading car manufacturers, as a new racing concept to showcase next-generation electric road cars in the volume and growth part of the market – compact SUVs and crossovers, as well as leading-edge battery technologies. Resetting the… Continue reading SuperCharge – new road-car based global electric motorsport series unveiled

Laureti Develops The World’s First Mobility Operating System

LONDON, Oct. 21, 2020 /PRNewswire/ — Laureti, a pioneering mobility technology company, unveils MiRA.OS — a first-of-its kind mobility operating system that delivers a dedicated passenger-centric experience. The central rationale of the operating system: support passenger wellness, productivity and connectivity. This technology manages the passenger experience across multiple vehicles within a network that provides privacy,… Continue reading Laureti Develops The World’s First Mobility Operating System

GM Investing $2 Billion to Transition Spring Hill, Tennessee Plant to Build Electric Vehicles, including Cadillac LYRIQ

WARREN, Mich., Oct. 20, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today that its Spring Hill, Tennessee assembly plant will begin the transition to become the company’s third vehicle manufacturing site to produce electric vehicles, joining Factory ZERO in Detroit and Hamtramck, Michigan, and Orion Assembly in Orion Township, Michigan. In addition, the company… Continue reading GM Investing $2 Billion to Transition Spring Hill, Tennessee Plant to Build Electric Vehicles, including Cadillac LYRIQ

Toyota AI Ventures Invests in YPC Technologies Through 2020 “Call for Innovation”

LOS ALTOS, Calif., Oct. 20, 2020 /PRNewswire/ — Toyota AI Ventures, Toyota’s early-stage venture capital fund, today announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada. The funding follows YPC Technologies’ participation in the 2020 Toyota AI Ventures “call for innovation” focused on smart, connected cities that launched earlier this… Continue reading Toyota AI Ventures Invests in YPC Technologies Through 2020 “Call for Innovation”

Lightning Systems Renames Company Lightning eMotors, Expands to Meet Growing Demand for Medium-Duty Commercial EVs

LOVELAND, Colo., Oct. 20, 2020 /PRNewswire/ — Lightning Systems, a leading provider of complete electrification solutions for commercial fleets, today announced that it is expanding and renaming the company to Lightning eMotors, effective immediately. Continue Reading Electric drivetrains being assembled at Lightning eMotors’ facility in Loveland, CO “When we originally selected Lightning Systems as our name,… Continue reading Lightning Systems Renames Company Lightning eMotors, Expands to Meet Growing Demand for Medium-Duty Commercial EVs

Senmiao Technology Announces Signing of Framework Agreement with BYD to Purchase and Jointly Promote Electric Vehicles for Ride-Sharing

CHENGDU, China, Oct. 20, 2020 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China, today announced the signing of a Framework Agreement with BYD Auto Sales Co., Ltd., a wholly owned subsidiary of BYD Company Limited (“BYD”,(HK:1211)), for the sale of… Continue reading Senmiao Technology Announces Signing of Framework Agreement with BYD to Purchase and Jointly Promote Electric Vehicles for Ride-Sharing