Flexible battery management system aids in weight savings and vehicle range goals Individual cell balancing optimizes battery pack performance, safety and lifespan B- and C-segment cars as well as light commercial vehicles to be equipped beginning in 2023 AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner’s battery management system (BMS) has been selected by… Continue reading BorgWarner Secures Business Win for Battery Management System
Author: PR Newswire Online News
BORGWARNER ANNOUNCES MULTIPLE ELECTRIFICATION AWARDS AND REPORTS FIRST QUARTER RESULTS
AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) today reported first quarter results. New Program Awards and Charging Forward Highlights: BorgWarner announced the first OEM business win for the Company’s flexible battery management system (BMS) technology. The Company’s BMS has been selected by a leading global vehicle manufacturer to equip all… Continue reading BORGWARNER ANNOUNCES MULTIPLE ELECTRIFICATION AWARDS AND REPORTS FIRST QUARTER RESULTS
Porsche AG Takes the Lead in Group14 Technologies’ $400M Raise to Accelerate Global Production of Lithium-Silicon Battery Materials
Group14’s Series C supports Porsche AG to electrify its models and meet the demand of the global EV market Diverse set of institutional investors back the latest fundraising, including OMERS Capital Markets, Decarbonization Partners (a partnership between Temasek and BlackRock), Riverstone Holdings LLC, Vsquared Ventures and Moore Strategic Ventures complementing battery industry strategics Porsche subsidiary,… Continue reading Porsche AG Takes the Lead in Group14 Technologies’ $400M Raise to Accelerate Global Production of Lithium-Silicon Battery Materials
LION ELECTRIC ANNOUNCES FIRST QUARTER 2022 RESULTS
MONTREAL, May 3, 2022 /PRNewswire/ – The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced its financial and operating results for the first quarter of fiscal year 2022, which ended on March 31, 2022. Lion reports its results in US dollars… Continue reading LION ELECTRIC ANNOUNCES FIRST QUARTER 2022 RESULTS
Volkswagen Supplier Innovates Rubber Gasket Inspection Machines in Mexico
Morgan Polymer Seals’ vision inspection technology ensures the safety of high-volume OEM filter plates delivered to Europe and Asia SAN DIEGO, May 3, 2022 /PRNewswire/ — Morgan Polymer Seals announced today the innovation of its in-house vision inspection technology for a Volkswagen filter plate seal used in a vehicle’s Transmission Electro-Hydraulic Control Module (TECHM). Dubbed… Continue reading Volkswagen Supplier Innovates Rubber Gasket Inspection Machines in Mexico
SUBARU OF AMERICA, INC. REPORTS APRIL SALES RESULTS
“Our retailers deserve our heartfelt gratitude for making April the best month of 2022 so far, despite the continued supply chain challenges,” said Thomas J. Doll, President and CEO of Subaru of America, Inc. “Our retailer’s attitude to delivering the Subaru Experience to our customers is what sets our brand apart from other automotive manufacturers.”… Continue reading SUBARU OF AMERICA, INC. REPORTS APRIL SALES RESULTS
Hyundai Motor America Reports Second-Best April Retail Sales in its History
Hyundai Electrified Vehicle Retail Sales Increased 68% in April Led by the World Car of the Year IONIQ 5 Electric SUV FOUNTAIN VALLEY, Calif., May 3, 2022 /PRNewswire/ — Hyundai Motor America reported April retail sales of 61,668 units, its second-best April retail sales month in its history. Electrified vehicle year-over-year retail sales increased 68%… Continue reading Hyundai Motor America Reports Second-Best April Retail Sales in its History
Lear Reports First Quarter 2022 Results
SOUTHFIELD, Mich., May 3, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the first quarter 2022. First Quarter 2022 Highlights Sales outperformed global industry production by 4 percentage points reflecting growth over market in both Seating and E-Systems Sales decreased 3% to $5.2 billion,… Continue reading Lear Reports First Quarter 2022 Results
STOREDOT, THE EXTREME FAST CHARGING BATTERY PIONEER, PREPARES FOR FUTURE GROWTH WITH APPOINTMENT OF TAMIR BEN-MOSHE AS VP OPERATIONS
Tamir brings an abundance of experience from a broad spectrum of sectors and a passion for the fast-track development of sustainable solutions. He joins StoreDot having spent ten years working across numerous industries including pharmaceutical, digital technology, automotive, energy and aerospace. He will report directly to Dr Doron Myersdorf, StoreDot CEO and co-founder. Commenting on… Continue reading STOREDOT, THE EXTREME FAST CHARGING BATTERY PIONEER, PREPARES FOR FUTURE GROWTH WITH APPOINTMENT OF TAMIR BEN-MOSHE AS VP OPERATIONS
KIA AMERICA CONTINUES “SHIFT” TO STRONG ELECTRIFIED VEHICLE SALES
Overall electrified models recorded fourth consecutive same-month sales record, with EV sales reaching 14th consecutive same-month sales record and surpassing the April 2021 mark by over 480-percent. Kia America also registered its 10 millionth sale in the US since deliveries to buyers began in 1993. Additional details on this historic achievement will follow later this… Continue reading KIA AMERICA CONTINUES “SHIFT” TO STRONG ELECTRIFIED VEHICLE SALES