HGV market accelerates 12.9% in 2021 to defy supply challenge

UK new HGV registrations increase to 37,163 (+12.9%) as market gains ground after locked down 2020. Supply chain constraints see market end -16.9% down on pre-pandemic average. Industry calls for clear plan to drive transition to zero emission vehicles and maintain fleet operator confidence. SEE HGV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE… Continue reading HGV market accelerates 12.9% in 2021 to defy supply challenge

EOS Linx to deploy charging stations at Choice Hotels properties

Charging station manufacturer EOS Linx has announced a collaboration with Choice Hotels International, a lodging franchisor with a portfolio of over 7,100 hotels in 40 countries, to install EOS Charge Stations at selected properties. The first set will be installed at Choice Hotels franchised properties in Atlanta, Chattanooga, and Nashville during the first quarter of… Continue reading EOS Linx to deploy charging stations at Choice Hotels properties

Visteon Announces 2021 Financial Results and 2022 Outlook

VAN BUREN TOWNSHIP, Mich., Feb. 17, 2022 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2021 financial results that exceed its previous outlook.   Highlights include: $786 million Q4 net sales; 15% growth-over-market1 Net income of $31 million in Q4 or $1.09 per diluted share Adjusted EBITDA of $92 million, 11.7%… Continue reading Visteon Announces 2021 Financial Results and 2022 Outlook

Mundimoto Raises €20M in Funding

Mundimoto, a Spanish online platform to buy and sells motorcycles, raised €20m in funding. The round was led by P101 SGR via Programma 102 and ITALIA 500, with participation from Autotech Ventures e Maniv Mobility. The company intends to use the funds to continue to grow and expand at an international level, starting with the opening in Italy in… Continue reading Mundimoto Raises €20M in Funding

Ford Mustang Mach-E usurps Tesla Model 3 as Consumer Reports top EV pick of the year

Consumer Reports is swapping the Tesla Model 3 for the Ford Mustang Mach-E as its new top electric vehicle pick for 2022. The designation is sure to give Ford a morale boost as it seeks to outpace Tesla in the race to become the number one EV manufacturer in the US. Tesla has long dominated… Continue reading Ford Mustang Mach-E usurps Tesla Model 3 as Consumer Reports top EV pick of the year

Lucid Expands Retail Network with New Studio in Short Hills, New Jersey

“Our new Studio in Short Hills will bring significant visibility for the Lucid Air in a state that has expressed its commitment to EVs, and will help us to further our mission to inspire the adoption of sustainable energy,” said Zak Edson, Vice President of Sales and Service of Lucid. “This location is the first… Continue reading Lucid Expands Retail Network with New Studio in Short Hills, New Jersey

@Ford: Building with Purpose: Ford Louisville Assembly Plant Earns EPA Pollution Prevention Award for Water Recycling Initiative

U.S. Environmental Protection Agency presents Ford Motor Company’s Louisville Assembly Plant with 2021 Pollution Protection Award The Award recognizes Louisville Assembly Plant’s significant achievements in water savings and recycling through newly implemented wastewater reuse initiative Ford has saved more than 12.5 billion gallons of water since 2000 through manufacturing conservation efforts with an aspiration to… Continue reading @Ford: Building with Purpose: Ford Louisville Assembly Plant Earns EPA Pollution Prevention Award for Water Recycling Initiative

Ford, Volvo join Redwood Materials to launch free EV battery recycling program in California

Redwood Materials, the startup founded by former Tesla CTO JB Straubel, is launching an electric vehicle battery recycling program in California with Ford and Volvo as inaugural partners as pressure mounts to source materials for EVs. The basic plan is that Redwood Materials will work with dealers and dismantlers in California to recover end-of-life battery… Continue reading Ford, Volvo join Redwood Materials to launch free EV battery recycling program in California

FAURECIA APTOIDE BRINGS LEADING COURSES ON BOARD, ALLOWING CAR OWNERS TO BOOK GOLF COURSES ON-THE-GO

LISBON, Portugal, Feb. 17, 2022 /PRNewswire/ — Faurecia Aptoide, the leading automotive App Store, is announcing its most recent partnership with Leading Courses, allowing car owners around the world to find and book golf courses on-the-go directly from their car’s infotainment system. Faurecia Aptoide is a joint venture between Faurecia, one of the world’s leading automotive… Continue reading FAURECIA APTOIDE BRINGS LEADING COURSES ON BOARD, ALLOWING CAR OWNERS TO BOOK GOLF COURSES ON-THE-GO

RideCo Raises $20 Million in Series A Funding to Accelerate Growth of its On-Demand Transit Platform

Amidst a shift in how humans move in cities, new financing round led by Eclipse Ventures enables RideCo to solve transit pain points for cities and riders while making transit more convenient, cost effective, and sustainable WATERLOO, ON, Feb. 17, 2022 /PRNewswire/ — RideCo, the on-demand transit technology company making public transportation more convenient to ride… Continue reading RideCo Raises $20 Million in Series A Funding to Accelerate Growth of its On-Demand Transit Platform