Gogoro Reaches 400,000 Monthly Battery Swapping Subscribers, Surpasses 200 Million Battery Swaps

“Gogoro’s strong momentum in monthly subscriber growth and total swapped batteries, along with our expanding list of partnerships with vehicle makers, are all strong indicators of our global leadership in urban battery swapping and smart mobility services,” said Horace Luke, founder, and CEO, Gogoro Inc. “We are proud of our success to date and the… Continue reading Gogoro Reaches 400,000 Monthly Battery Swapping Subscribers, Surpasses 200 Million Battery Swaps

Hyundai Motor America Reports July 2021 Sales

FOUNTAIN VALLEY, Calif., Aug. 3, 2021 /PRNewswire/ — Hyundai Motor America reported total July sales of 68,500 units, a 19% increase compared with July 2020. This was the fifth consecutive month with at least a double digit increase in sales. Hyundai also set July total sales records for Venue and Kona. “Hyundai and our retail partners… Continue reading Hyundai Motor America Reports July 2021 Sales

A New Member Of The Subaru Wilderness Family Is On The Way

About Subaru of America, Inc. Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in… Continue reading A New Member Of The Subaru Wilderness Family Is On The Way

Volta Charging Announces Intent To Expand In Europe

SAN FRANCISCO, Aug. 3, 2021 /PRNewswire/ — Volta Industries, Inc. (“Volta Charging”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, which has entered into a definitive agreement for a business combination with Tortoise Acquisition Corp. II (NYSE: SNPR), announced today that it intends to expand operations into the European Union with the opening… Continue reading Volta Charging Announces Intent To Expand In Europe

Kia America Announces Highest July Sales In Company History

“Kia continues to build on the momentum from our record breaking first-half by setting yet another record” said Sean Yoon, president and CEO of Kia North America and Kia America. “Kia sold more than 74-percent of our available inventory in July as compared to 34-percent during the same period last year, a solid reflection of… Continue reading Kia America Announces Highest July Sales In Company History

Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business

Pending customary closing conditions and regulatory approvals, Bridgestone will assume ownership of Azuga’s brands and business platforms. The Azuga fleet management platform, which includes advanced safety and fleet management tools, will complement the existing Bridgestone portfolio of cloud-based fleet mobility solutions. The acquisition of Azuga will rapidly advance Bridgestone’s comprehensive solutions for small to enterprise-sized… Continue reading Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business

Senmiao Technology Announces Signing of Framework Agreement with BYD’s Biggest Dealer in China for Leasing of 6,000 Automobiles

CHENGDU, China, July 30, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a framework agreement with Baijuyi (Qingdao) New Energy Car Limited (“Baijuyi”), whereby Senmiao… Continue reading Senmiao Technology Announces Signing of Framework Agreement with BYD’s Biggest Dealer in China for Leasing of 6,000 Automobiles

SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months

This round of financing was led by Bank of China Group Investment (BOCGI), followed by the Sub-funds of National Fund for Technology Transfer and Commercialization, Country Garden Venture Capital, Shenzhen Capital Group(SCGC), CCB Investment, IDG Capital, Sany, Xiaomi Corporation, Oceanpine Capital, CHINA RENAISSANCE among others. Original shareholders, including SDIC and JZ Capital, significantly increased their… Continue reading SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months

Volta Industries to Participate at Upcoming Investor Conferences

SAN FRANCISCO, July 30, 2021 /PRNewswire/ — Volta Industries, Inc. (“Volta Charging”) today announced that its management team will virtually attend the following investor conferences and events: Jefferies Virtual Industrial Conference August 3, 2021 Needham 10th Annual Robotics and Clean Tech August 6, 2021 Canaccord 41st Annual Growth Conference August 10, 2021 Raymond James Aspen… Continue reading Volta Industries to Participate at Upcoming Investor Conferences

Dana and Switch Mobility Partner on Electrified Commercial Vehicles

MAUMEE, Ohio, and LEEDS, U.K., July 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsion systems, and Switch Mobility Ltd. (‘Switch Mobility’ or ‘the company’), the electrified commercial vehicles company and subsidiary of Ashok Leyland Ltd, a leading commercial-vehicle manufacturer, announced today the signing of a strategic agreement between… Continue reading Dana and Switch Mobility Partner on Electrified Commercial Vehicles