Ridecell Secures $45 Million in Series C Financing Round

Round Led by Fort Ross Ventures to Support Company’s Hyper Growth into Commercial Fleet Product Lines and New Geographies SAN FRANCISCO, Dec. 2, 2020 /PRNewswire/ — Ridecell Inc., the high-yield fleet platform for digital transformation chosen by the world’s leading fleets, today announced it has secured $45 million for its Series C financing round. The round… Continue reading Ridecell Secures $45 Million in Series C Financing Round

Mazda informa los resultados de las ventas de noviembre

IRVINE, California, 2 de diciembre de 2020 PRNewswire-HISPANIC PR WIRE/ Mazda North American Operations (MNAO) informó hoy que el total de ventas de noviembre fue de 21,752 vehículos, lo que significa una disminución de 10.8 % en comparación con noviembre de 2019. En lo que va del año, el total de ventas fue de 247,768 vehículos, lo que significa… Continue reading Mazda informa los resultados de las ventas de noviembre

Motiv Power Systems Debuts Fifth Generation Medium-Duty Electric Chassis

FOSTER CITY, Calif., Dec. 2, 2020 /PRNewswire/ — Motiv Power Systems announced its newest generation of EPIC chassis for medium duty electric fleets. The fifth generation EPIC F-59 and E-450 chassis have reduced the total number of components in the electric powertrain by 30 percent, while also improving range, acceleration, and top speed. Motiv’s EPIC E-450 chassis… Continue reading Motiv Power Systems Debuts Fifth Generation Medium-Duty Electric Chassis

Elkem opens new workshop in China dedicated to specialised silicones for hybrid and electric vehicles

STOCKHOLM, Dec. 2, 2020 /PRNewswire/ — Elkem has completed and opened a new production workshop in Shanghai, China, dedicated to the development and manufacturing of specialised silicones for hybrid and electric vehicles. This move further strengthens Elkem’s position as the largest silicones producer in China. China is the world’s largest single market for the production and… Continue reading Elkem opens new workshop in China dedicated to specialised silicones for hybrid and electric vehicles

Kia Motors America’s Momentum Continues With Selling-Day Adjusted Year-Over-Year Sales Increase Of 8.3-Percent

Kia’s wide range of light trucks – Soul, Seltos, Sportage, Sorento, Telluride and Sedona – accounted for 65-percent of November retail sales volume. November also saw an uptick in midsize sedan sales performance, with the all-new K5 posting an 8.1-percent year-over-year increase in a segment that experienced an 11-percent decrease in sales year-over-year. “Despite increased… Continue reading Kia Motors America’s Momentum Continues With Selling-Day Adjusted Year-Over-Year Sales Increase Of 8.3-Percent

On Track: Battista Hypercar Completes High Speed Test Programme In Nardò

The successful test marks the beginning of the next chapter in the development programme of the most powerful Italian sports car ever produced. This will see nine test and validation versions of the pure-electric Battista driven on public roads and in private test facilities to fine-tune, validate and homologate its bespoke chassis settings, advanced torque… Continue reading On Track: Battista Hypercar Completes High Speed Test Programme In Nardò

Hyundai Motor Group to Lead Charge into Electric Era with Dedicated EV Platform ‘E-GMP’

SEOUL, Dec. 1, 2020 /PRNewswire/ — Continue Reading BEVs based on E-GMP can provide range over 500km on a full charge (WLTP) and be charged up to 80% within 18 minutes through high-speed charging Tweet this Hyundai Motor Group to lead charge into electric era with dedicated EV platform ‘E−GMP’ Hyundai Motor Group reveals E-GMP,… Continue reading Hyundai Motor Group to Lead Charge into Electric Era with Dedicated EV Platform ‘E-GMP’

Lucid Motors Completes Construction on First Greenfield Electric Vehicle Factory in North America; Commissioning Process Underway for Spring 2021 Production Start of Lucid Air

“We broke ground on the 590-acre Lucid AMP-1 site in Casa Grande, Arizona, on December 2, 2019, and slightly less than a year later we have completed the first purpose-built EV factory in North America,” said Peter Rawlinson, CEO and CTO, Lucid Motors. “The effort and agility demonstrated by this team is truly astounding, as… Continue reading Lucid Motors Completes Construction on First Greenfield Electric Vehicle Factory in North America; Commissioning Process Underway for Spring 2021 Production Start of Lucid Air

Timken Acquires Aurora Bearing Co.

NORTH CANTON, Ohio, Dec. 1, 2020 /PRNewswire/ — The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired the assets of Aurora Bearing Company (Aurora). Aurora manufactures rod ends and spherical plain bearings, which serve a diverse range of industrial sectors, including aerospace and defense, racing, off-highway equipment and… Continue reading Timken Acquires Aurora Bearing Co.

Hanon Systems Supplies Eco-Friendly R744 Heat Pump Components to VW

SEOUL, South Korea, Nov. 30, 2020 /PRNewswire/ — Global thermal and energy management supplier Hanon Systems (KS: 018880) today announced the company is supplying its innovative R744 heat pump components to the Volkswagen Group for its global MEB platform. Designed specifically for battery-powered and electric vehicles, the first to market R744 heat pump components enable… Continue reading Hanon Systems Supplies Eco-Friendly R744 Heat Pump Components to VW