Category: Official Press Release

Hyundai Motor Teases Sneak Peek of SEVEN, All-Electric SUV Concept

The teased images reveal a form following function design that dares to diverge from traditions of the internal combustion engine era. SEVEN’s lighting architecture is defined by Parametric Pixels, IONIQ’s unique design identity connecting analog with digital emotions. SEVEN’s interior suggests a premium and personalized lounge ambience, deepening the space innovation that Hyundai Motor has… Continue reading Hyundai Motor Teases Sneak Peek of SEVEN, All-Electric SUV Concept

@Ford: New Products, Strong Inventory Make Ford America’s Top-Selling Automaker for Second Straight Month; Ford Brand SUVs Post Best October Results in 21 Years; F-Series Expands Lead; October New Vehicle Orders Hit 77,000; Lincoln Brand SUV Sales Continue to Climb

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams.  The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: New Products, Strong Inventory Make Ford America’s Top-Selling Automaker for Second Straight Month; Ford Brand SUVs Post Best October Results in 21 Years; F-Series Expands Lead; October New Vehicle Orders Hit 77,000; Lincoln Brand SUV Sales Continue to Climb

Graybar Announces Acquisition of Metro Electric Supply and Metro Lighting

ST. LOUIS, Miss., Nov. 3, 2021 /PRNewswire/ — Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today announced that it has acquired Metro Electric Supply and Metro Lighting. Headquartered in St. Louis, Mo., Metro is a regional distributor that primarily serves homebuilders… Continue reading Graybar Announces Acquisition of Metro Electric Supply and Metro Lighting

Senmiao Technology Announces Signing of Cooperation Agreement with Guizhou Zhongxuan Online Ride-hailing Operation Group Ltd.

CHENGDU, China, Nov. 3, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on 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 new cooperation agreement (the “Agreement”) with Guizhou Zhongxuan Online Ride-hailing Operation Group Ltd. (“Zhongxuan”),… Continue reading Senmiao Technology Announces Signing of Cooperation Agreement with Guizhou Zhongxuan Online Ride-hailing Operation Group Ltd.

BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM

AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner has secured a contract with a major OEM to supply high voltage inverters for battery electric vehicle (BEV) platforms including a variety of passenger cars and trucks. The business award marks the company’s largest major silicon carbide based (SiC) inverter win and the first silicon carbide based… Continue reading BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM

Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock

ESTERO, Fla., Nov. 3, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZZ) (“Hertz” or the “Company”) announced today that it has launched a public offering of its common stock by certain stockholders of Hertz.  The selling stockholders are offering 37,100,000 shares of Hertz common stock, of which Hertz intends to repurchase from the underwriters shares having… Continue reading Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock

BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles

AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner will be providing a new, high-voltage silicon carbide (SiC) inverter to a large German automaker for implementation in its next-generation electric vehicles. The BorgWarner 800V SiC inverter with proprietary power switches provides a more compact and efficient power module, resulting in higher electric vehicle range and enhanced driving… Continue reading BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles