“The North American Commercial Vehicle Show is the ideal venue to showcase the latest solutions for our customers,” said Roger Nielsen, president and CEO, Daimler Trucks North America. “The innovative work of our collective team is represented in the products and services displayed in our booth, designed to demonstrate the complete customer journey of today,… Continue reading Daimler Trucks North America Showcases Robust Lineup at NACV
Author: PR Newswire Online News
BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
AUBURN HILLS, Mich., Oct. 28, 2019 /PRNewswire/ — BorgWarner has developed an innovative torque vectoring system for electric vehicles which enables the use of just one electric motor instead of the traditional two that are typically found on electric vehicles. This solution is cost-effective and features a compact design, significantly reducing the vehicle space needed as well… Continue reading BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
Smart Radar System Raises Series A for the World’s First 4D Image Radar with Sub-1 Degree Angular Resolution
SEONGNAM, Korea, Oct. 28, 2019 /PRNewswire/ — Smart Radar System (SRS), a startup developing radar solutions for autonomous cars and industrial applications, closed a $4 million Series A funding round. The round was led by Kakao Ventures, with participation from Hemi Ventures, Hyundai Investment Partners and other investors. Continue Reading Smart Radar System RETINA 4:… Continue reading Smart Radar System Raises Series A for the World’s First 4D Image Radar with Sub-1 Degree Angular Resolution
Daimler reports third-quarter 2019 results
STUTTGART, Germany, Oct. 24, 2019 /PRNewswire/ — Strong Q3 sales for Mercedes-Benz Cars (+8%) and Vans (+10%) Revenue of €43.3 billion (Q3 2018: €40.2 billion) Group EBIT of €2.7 billion (Q3 2018: €2.5 billion) Group net profit of €1,813 million (Q3 2018: €1,761 million) Industrial Net Liquidity at €9.6 billion (Q2 2019: €6.6 billion)… Continue reading Daimler reports third-quarter 2019 results
Karma Automotive Opens Tech Base In Silicon Valley
“Karma serves as a technology incubator,” said Karma CEO Dr. Lance Zhou. “We are opening our product platform to serve as a test bed to help potential business partners bring emerging innovation to market and increase the speed of our own product development.” Establishing a proactive presence in California’s northern hub of tech development is… Continue reading Karma Automotive Opens Tech Base In Silicon Valley
EVgo Announces 40% Growth in Its California Fast Charging Network
“EVgo is enabling electric for all by building our fast charging stations in the places where EV drivers live, work and shop,” said Cathy Zoi, EVgo’s CEO. “EVgo’s California network will grow by 40% this year, and today, 80% of California EV drivers live within a 15-minute drive of one of 300 EVgo reliable and convenient fast… Continue reading EVgo Announces 40% Growth in Its California Fast Charging Network
Lexus Presents its Vision of Future Electrification with the World Premiere of the LF-30 Electrified Concept
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Mobiliti Offers Dealers Pathway To Subscription Services
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Penske Dash Selects Ridecell As Technology Partner To Power New Carsharing Service
SAN FRANCISCO, Oct. 22, 2019 /PRNewswire/ — Ridecell Inc., the leading platform provider for shared mobility operators, today announced it has been selected by Penske Dash as the technology partner for Penske Dash carsharing. The Ridecell platform used by Penske Dash provides a complete solution for their carsharing service of Volkswagen Jetta cars, launching this… Continue reading Penske Dash Selects Ridecell As Technology Partner To Power New Carsharing Service
EV Connect Secures $12 Million to Scale Cloud-Based Innovations for Electric Vehicle Charging
EL SEGUNDO, Calif., Oct. 22, 2019 /PRNewswire/ — To lead the global electric vehicle (EV) charging infrastructure into a future that optimizes energy transfer, and opens up new revenue streams and business models around charging EVs, EV Connect today announced that it has closed a $12 million Series B funding round. Lead investors, Mitsui & Co., Ltd. and Ecosystem… Continue reading EV Connect Secures $12 Million to Scale Cloud-Based Innovations for Electric Vehicle Charging