Schneider Electric-backed SE Ventures launches $500m climate-tech fund

Global venture capital fund SE Ventures, backed by French energy management company Schneider Electric, has announced a €500-million (around $500 million) Fund II on Monday, establishing it as one of the largest VCs focusing on climate and industrial technology. Following a 2018 Fund I to bring SE Ventures to €1 billion of committed capital, Fund… Continue reading Schneider Electric-backed SE Ventures launches $500m climate-tech fund

Volkswagen ID 4 GTX 2022 long term test

At over 500mm from the ground, the boot was just too high for her to climb into with a foot out of action, and although there’s ample space back there, the sizeable load lip might cause issues for some drivers. Talking of the boot, it’s worth mentioning that the ID 4 GTX cannot be specified with… Continue reading Volkswagen ID 4 GTX 2022 long term test

New Honda ZR-V details revealed ahead of 2023 UK launch

Honda has confirmed the all-new ZR-V crossover will go on sale in Japan in April 2023, with its arrival in the UK expected late next year. Originally previewed as part of an electrification strategy presentation in March, the ZR-V has been designed with a focus on attracting younger buyers, and as such majors on “sporty… Continue reading New Honda ZR-V details revealed ahead of 2023 UK launch

Praga to reveal radical road-going hypercar this week

Czech engineering company Praga has previewed its new lightweight, carbonfibre-clad, petrol-powered hypercar, which will be its first road-legal offering since the limited-run R1R of 2015.  As well as being historically famous for making heavy-duty trucks, motorcycles, tractors, boats, aeroplanes, tanks and karts, Praga has cemented itself as a leading global motorsport outfit in recent years. Its new… Continue reading Praga to reveal radical road-going hypercar this week

@FCA: Alfa Romeo F1 Team ORLEN en el Gran Premio de Abu Dhabi

Stellantis México: Alfa Romeo F1 Team ORLEN en el Gran Premio de Abu Dhabi Frédéric Vasseur: “Hoy es la culminación de un trabajo increíble por parte de todos en el equipo, tanto en la pista como en Hinwil” Valtteri Bottas: “El espíritu del equipo es excelente, podemos estar orgullosos de nuestro trabajo y esto nos… Continue reading @FCA: Alfa Romeo F1 Team ORLEN en el Gran Premio de Abu Dhabi

Lear’s (LEA) InTouch Buyout to Aid its Industry 4.0 Strategy

Lear Corporation LEA recently announced that it has acquired InTouch Automation, a supplier of Industry 4.0 technologies and automated testing equipment that are vital for producing automotive seats. InTouch’s product portfolio aligns with Lear’s Industry 4.0 strategy that deals with implementing technologies designed to automate the testing and validation of components and finished seats. Industry… Continue reading Lear’s (LEA) InTouch Buyout to Aid its Industry 4.0 Strategy

Dana Incorporated to Participate in 2022 BofA Securities Leveraged Finance Conference

MAUMEE, Ohio, Nov. 21, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the BofA Securities Leveraged Finance Conference on Nov. 29, 2022.  Beginning at 8:10 a.m. EST, Dana’s Vice President and Treasurer John Geddes will provide a brief overview of the company and answer questions for approximately 30 minutes. Dana… Continue reading Dana Incorporated to Participate in 2022 BofA Securities Leveraged Finance Conference

Dana Incorporated to Participate in Barclays Global Automotive and Mobility Tech Conference

MAUMEE, Ohio, Nov. 21, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the Barclays Global Automotive and Mobility Tech Conference on Dec. 1, 2022.  Beginning at 2 p.m. EST, Dana’s Chairman and Chief Executive Officer James Kamsickas and Senior Vice President and Chief Financial Officer Timothy Kraus will provide a… Continue reading Dana Incorporated to Participate in Barclays Global Automotive and Mobility Tech Conference

GOODYEAR, U.S. MARINE CORPS RESERVE TO HOST ANNUAL TOYS FOR TOTS EVENTS

Toy drive supported by events at California, Florida and Ohio blimp bases AKRON, Ohio, Nov. 21, 2022 /PRNewswire/ — Goodyear (NASDAQ: GT) and the U.S. Marine Corps Reserve are partnering for the 12th consecutive year in support of the Marines Toys for Tots Foundation at the company’s airship bases in California, Florida and Ohio. Each event… Continue reading GOODYEAR, U.S. MARINE CORPS RESERVE TO HOST ANNUAL TOYS FOR TOTS EVENTS

Tesla issues back-to-back recalls

Tesla recalled more than 350,000 vehicles from U.S. customers over the weekend in two separate campaigns. The automaker said Saturday that it was recalling more than 321,000 vehicles over a software glitch that disables the tail lights on some cars. The recall covers 2023 Model 3 sedans, as well as Model Y crossovers for model… Continue reading Tesla issues back-to-back recalls