Adient will participate at the RBC Capital Markets Global Industrials Virtual Conference

PLYMOUTH, Mich., Sept. 2, 2021 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, will present at the RBC Capital Markets Global Industrials Virtual Conference on Thursday, September 9, 2021. Adient’s executive vice president and chief financial officer, Jeff Stafeil, will be participating in a fireside chat at 10:00 a.m. Eastern time. A… Continue reading Adient will participate at the RBC Capital Markets Global Industrials Virtual Conference

Goodyear’s road to making Nascar tires

Goodyear Tire & Rubber Company (GT) is no stranger to very high speeds on the racetrack. The tiremaker has had a long, storied 100-year history in the sport of racing. It all began for Goodyear back in 1901, when Ford founder Henry Ford put Goodyear rubber on his car sponsored by the Detroit Driving Club.… Continue reading Goodyear’s road to making Nascar tires

The road to creating Goodyear racing tires

Yahoo Finance’s Brian Sozzi takes a deep dive into the processes and costs that go into creating Goodyear’s prestige racing tires for Nascar and the NHRA. Video Transcript BRIAN SOZZI: Goodyear has had a long, storied 100 year history in the sport of racing. It all began for Goodyear back in 1901, when Ford founder… Continue reading The road to creating Goodyear racing tires

IAA Mobility 2021 Munich: Magna to Present Future Ready Portfolio

Magna IAA Booth The Power of Magna to be on full display at IAA in Munich, Hall B3 The Power of Magna to be on full display at IAA in Munich, Hall B3 Full range of innovative sustainable vehicle systems on display Magna exhibit located at IAA Hall B3, Booth C60 The Power of Magna… Continue reading IAA Mobility 2021 Munich: Magna to Present Future Ready Portfolio

Why This Electric Vehicle Stock Crashed 35% Today

Reuters Wildfire menaces California’s Lake Tahoe area after chasing away thousands TRUCKEE, Calif. (Reuters) -Firefighters waged an all-out battle in heavy winds on Tuesday to protect homes on the fringe of tinder-dry forests near Lake Tahoe from a wildfire that has chased thousands of people from the popular resort destination in California’s Sierra Nevada range.… Continue reading Why This Electric Vehicle Stock Crashed 35% Today

Dana Launches e-Axle Production for Freightliner Custom Chassis Corporation Zero-Emission Electric Delivery Vehicle

LONG BEACH, Calif., Sept. 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it will begin production of its eS9000r e-Axle – the first in a line of Spicer Electrified™ Zero-6 e-Axles – to support the market launch of the Freightliner Custom Chassis Corporation (FCCC) all-electric MT50e medium-duty last-mile delivery vehicle. Dana Incorporated… Continue reading Dana Launches e-Axle Production for Freightliner Custom Chassis Corporation Zero-Emission Electric Delivery Vehicle

Dana Launches e-Axles for Class 7 and 8 Vehicles, Expanding Commercially Available Heavy-Duty e-Powertrain Offerings

LONG BEACH, Calif., Sept. 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced an expansion of its Spicer Electrified™ e-Powertrain offerings to include a family of single and tandem e-Axles designed for a wide variety of Class 7 and 8 applications. The Spicer Electrified™ Zero-8 e-Axles complement Dana’s established heavy-duty electric-vehicle (EV) e-Propulsion systems,… Continue reading Dana Launches e-Axles for Class 7 and 8 Vehicles, Expanding Commercially Available Heavy-Duty e-Powertrain Offerings

Nio slumps over Q3 deliveries cut, Xpeng falls on manufacturing shift

Nio shares fell on Tuesday after the company cut its Q3 delivery outlook. Meanwhile, Xpeng shares dive despite August deliveries nearly tripling in 2021. Yahoo Finance’s Myles Udland and Brian Sozzi share the details. Video Transcript – All right. Let’s talk about some news here, Sozzi. And I know you’ve had your eyes on Chinese… Continue reading Nio slumps over Q3 deliveries cut, Xpeng falls on manufacturing shift

Are NIO, LI & XPEV Worth the Wager Post Q2 Results?

Not too long ago, Tesla TSLA was the only notable name in the electric vehicle (EV) space. Nevertheless, over the last couple of years, considering heightening climate concerns and Tesla’s massive success, legacy automakers have started pouring billions of dollars to electrify their portfolio. Pure-play EV startups have also been on the rise as investors… Continue reading Are NIO, LI & XPEV Worth the Wager Post Q2 Results?

Nio Lowers Q3 Forecast After August Deliveries Plunge Amid Supply Chain Disruptions

Chinese EV startup NIO Inc. (NYSE: NIO) reported Wednesday a month-over-month drop in August’s vehicle deliveries and trimmed its third-quarter deliveries outlook. The company attributed supply chain disruptions for the soft August numbers and the tempered third-quarter forecast. Signaling strong demand for its vehicles, the company said its new orders were are at a record… Continue reading Nio Lowers Q3 Forecast After August Deliveries Plunge Amid Supply Chain Disruptions