Lordstown Motors Stockholders Elect Two New Independent Directors

The Board of Directors has also combined the roles of Chairman of the Board and CEO and current CEO, Daniel A. Ninivaggi, will serve in this capacity, effective following the annual meeting.  David T. Hamamoto, a current independent director and Chairman of the Nominating and Corporate Governance Committee of the Board, will serve as lead… Continue reading Lordstown Motors Stockholders Elect Two New Independent Directors

Lear Acquires Leading Seating Materials Specialist Thagora

Thagora’s proprietary solutions will complement Lear’s sustainable manufacturing processes by reducing scrap and lowering energy usage during production. In addition, Thagora’s Industry 4.0 technology brings significant advances to manufacturing operations through engineering and logistics, including improved material traceability, and facility footprint utilization. “Thagora offers Lear access to scalable, smart-manufacturing tools that will be a valuable addition… Continue reading Lear Acquires Leading Seating Materials Specialist Thagora

Volvo Group Capital Markets Day 2022

GÖTEBORG, Sweden, May 19, 2022 /PRNewswire/ — Volvo Group will hold its Capital Markets Day on June 22, 2022. At the event, executive management will outline the key building blocks in the Volvo Group’s transformation towards 2030. “Increasing demand for transport and infrastructure solutions is a long-term trend. It is clear that we must meet this… Continue reading Volvo Group Capital Markets Day 2022

Hyundai Updates Award Winning Venue® SUV for 2022

MIAMI, May 19, 2022 /PRNewswire/ — Brand Institute is proud to announce having worked with Hyundai Motor Company in developing the brand name Venue®. Hyundai’s Venue® recently received a 5-Year Cost to Own recognition award from Kelley Blue Book for a third consecutive year. Hyundai debuted the Venue® subcompact SUV in 2020. The Venue® distinguishes itself from… Continue reading Hyundai Updates Award Winning Venue® SUV for 2022

GENESIS ROBOTICS & MOTION TECHNOLOGIES SHOWCASE WORLD’S HIGHEST TORQUE DENSITY DIRECT DRIVE MOTOR FOR ROBOTICS AND AUTOMATION AT SPS ITALIA

VANCOUVER, BC, May 18, 2022 /PRNewswire/ — Genesis Robotics & Motion Technologies, creators of the world’s leading direct drives motors for robotics and automation, announced today the company will showcase its leading edge actuation technology at SPS Italia. Genesis Robotics will unveil the industry’s highest torque density direct drive motor – the LiveDrive® LDD –… Continue reading GENESIS ROBOTICS & MOTION TECHNOLOGIES SHOWCASE WORLD’S HIGHEST TORQUE DENSITY DIRECT DRIVE MOTOR FOR ROBOTICS AND AUTOMATION AT SPS ITALIA

BlackBerry and Magna Collaborate on Next-Generation Advanced Driver Assistance System Solutions for Global Automakers

WATERLOO, ON and AURORA, ON, May 18, 2022 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) and Magna International Inc. (TSX: MG;NYSE: MGA) have entered into a multi-year agreement to collaborate on various integrated Advanced Driver Assistance Systems (ADAS) solutions. With OEMs launching vehicles with ever expanded feature sets, the global ADAS market is set for… Continue reading BlackBerry and Magna Collaborate on Next-Generation Advanced Driver Assistance System Solutions for Global Automakers

EasyPark and Renault in new partnership for automated parking features

STOCKHOLM, May 18, 2022 /PRNewswire/ — The mobility tech company EasyPark and the car brand Renault are launching a new collaboration that lets drivers experience the future of parking. Together, the two companies are releasing the EasyPark app features directly integrated in the infotainment system of Renault’s new car Megane E-Tech Electric. The new collaboration between… Continue reading EasyPark and Renault in new partnership for automated parking features

Veoneer to supply Cameras to BMW Group’s Next Generation Vision System for Automated Driving

STOCKHOLM, May 18, 2022 /PRNewswire/ — The automotive technology company Veoneer has signed an agreement to equip BMW Group vehicles with camera heads for their next generation vision system for Automated Driving. The camera heads support the cooperation between BMW Group, Qualcomm Technologies, and Arriver™ which was announced in March this year. The high definition 8… Continue reading Veoneer to supply Cameras to BMW Group’s Next Generation Vision System for Automated Driving

Argo AI Begins Driverless Vehicle Operations in Miami & Austin

“Argo is first to go driverless in two major American cities, safely operating amongst heavy traffic, pedestrians and bicyclists in the busiest of neighborhoods,” said Bryan Salesky, Founder and CEO, Argo AI. “From day one, we set out to tackle the hardest miles to drive — in multiple cities — because that’s where the density… Continue reading Argo AI Begins Driverless Vehicle Operations in Miami & Austin

NEW FUNDING FROM MAJOR AUTOMAKER POSITIONS MANGROVE LITHIUM FOR CENTRAL ROLE IN FUTURE OF SUSTAINABLE EV MANUFACTURING

Investments to date pass $25M, accelerating launch of breakthrough technology VANCOUVER, BC, May 17, 2022 /PRNewswire/ — Mangrove Lithium announced today it has closed a new investment round led by US-based BMW i Ventures (BiV) and joined by returning investor Breakthrough Energy Ventures (BEV). Mangrove will use these funds to accelerate the launch of a… Continue reading NEW FUNDING FROM MAJOR AUTOMAKER POSITIONS MANGROVE LITHIUM FOR CENTRAL ROLE IN FUTURE OF SUSTAINABLE EV MANUFACTURING