DENSO Group Company NSITEXE Leads Quadric’s $21 Million Series B Funding Round to Enhance AI Solutions

Investment advances DENSO’s commitment to achieve an environmentally-friendly, safe and secure mobility future NSITEXE, Inc., led Quadric’s $21 million Series B funding round NSITEXE is a DENSO group company that designs and develops key semiconductor components enabling next-generation automotive applications DENSO’s collaboration with Quadric helps the mobility supplier progress its sustainability and safety goals SOUTHFIELD,… Continue reading DENSO Group Company NSITEXE Leads Quadric’s $21 Million Series B Funding Round to Enhance AI Solutions

Dexter, a Subsidiary of DexKo Global Inc., Acquires HiSpec Wheel & Tire, Inc.

NOVI, Mich., March 15, 2022 /PRNewswire/ — DexKo Global Inc., the global leader in highly engineered trailer running gear, chassis assemblies, and related components, announces that its wholly-owned subsidiary, Dexter Axle Company (“Dexter”) has acquired HiSpec Wheel & Tire, Inc. (“HiSpec”) located in Mishawaka, IN. Established in 1995, HiSpec designs and provides aluminum and steel wheels, tires,… Continue reading Dexter, a Subsidiary of DexKo Global Inc., Acquires HiSpec Wheel & Tire, Inc.

Berylls Strategy Advisors Examines the Impact of Electrified Trucks for Decarbonizing the U.S. Trucking Industry

DETROIT, March 15, 2022 /PRNewswire/ — Trucking is a sector that is difficult to decarbonize, and forty percent of global road transportation emissions comes from trucking. The average carbon footprint per truck is 50 times higher compared to passenger vehicles, and as C02 taxes rise and bans on diesel trucks in urban areas continue, Berylls Strategy… Continue reading Berylls Strategy Advisors Examines the Impact of Electrified Trucks for Decarbonizing the U.S. Trucking Industry

Hankook iON: New Global Family of Tires for Electric Vehicles Promotes Sustainable Mobility

The iON products will initially be available in three designs at launch, in sizes between 18 and 22 inches: in Europe beginning in May 2022 as the Hankook Ventus iON S summer tire pattern, and from September 2022 for the winter as the Hankook Winter i*cept iON. The Hankook Ventus iON A tire will be… Continue reading Hankook iON: New Global Family of Tires for Electric Vehicles Promotes Sustainable Mobility

Northvolt to Build €4 Billion Battery Gigafactory in Northern Germany

BERLIN, March 15, 2022 /PRNewswire/ — Swedish green battery maker Northvolt has selected the northern German city of Heide in the regional state of Schleswig-Holstein for a new 60 gigawatt plant. “Northvolt Drei” will be the company’s third production facility of this size and the first outside Sweden. It will cost some EUR 4 billion.… Continue reading Northvolt to Build €4 Billion Battery Gigafactory in Northern Germany

Scania Year-end Report January-December 2021

SÖDERTÄLJE, Sweden, March 15, 2022 /PRNewswire/ — The year 2021 for Scania has been characterised by record strong demand for trucks while we faced an extreme challenge in meeting this demand due to a shortage of components in the supply chain. Summary of the full year 2021 •   Net sales increased by 17 percent to… Continue reading Scania Year-end Report January-December 2021

ENEL X AND OK2CHARGE MODERNIZE VACATION RENTALS WITH SMART EV CHARGING SOLUTIONS TO SUPPORT MORE SUSTAINABLE TRAVEL

“With demand for EVs continuing to grow, confidence with longer range battery electric vehicles, and the popularity of vacation destinations within driving distance, EV drivers want to know that they will have easy access to smart charging throughout their journey,” said Giovanni Bertolino, Head of e-Mobility, Enel X North America. “Through our partnership with Ok2Charge,… Continue reading ENEL X AND OK2CHARGE MODERNIZE VACATION RENTALS WITH SMART EV CHARGING SOLUTIONS TO SUPPORT MORE SUSTAINABLE TRAVEL

Alpha Motor Corporation Unveils The All-New ACE™ Electric Vehicle Coupe Series

IRVINE, Calif., March 14, 2022 /PRNewswire/ — Alpha Motor Corporation has just unveiled The ACE Electric Vehicle Coupe Series: ACE, ACE Performance Edition, and SUPER ACE. Each model built on Alpha’s mechanically adjustable vehicle platform, efficiently streamlines product validation by enabling rapid integration of body and components. The launch of the All-New ACE Electric Vehicle… Continue reading Alpha Motor Corporation Unveils The All-New ACE™ Electric Vehicle Coupe Series

AGS REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

LAS VEGAS, March 10, 2022 /PRNewswire/ — PlayAGS, Inc. (NYSE: AGS) (“AGS”, “us”, “we” or the “Company”), a designer and developer of equipment and services solutions for the global gaming industry, today reported operating results for the fourth quarter and full year ended December 31, 2021. In addressing the Company’s fourth quarter and full year financial performance, AGS President… Continue reading AGS REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

BMW Group, Qualcomm and Arriver™ to form long-lasting strategic cooperation for joint development of Automated Driving software solutions

MUNICH and STOCKHOLM, March 10, 2022 /PRNewswire/ — BMW Group, Qualcomm Technologies, and Arriver™ join forces to co-develop next generation of Automated Driving Systems. The cooperation combines BMW’s current AD stack with Arriver’s Vision Perception and NCAP Drive Policy products on Qualcomm Technologies’ system-on-chip, with the goal of designing best-in-class Automated Driving functions spanning NCAP, Level 2… Continue reading BMW Group, Qualcomm and Arriver™ to form long-lasting strategic cooperation for joint development of Automated Driving software solutions