Category: Automotive

Nidec Commits to SBT and TCFD Initiatives

KYOTO, Japan, June 06, 2022 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has signed and submitted a commitment letter to the SBTi* to set new climate targets consistent with its plan for achieving carbon neutrality by FY2040. In a similar effort toward this end, the… Continue reading Nidec Commits to SBT and TCFD Initiatives

Magical Raises $35M in Series A Funding

Magical, a San Francisco, CA-based fully-remote company with a repetitive task automation tool, raised $35M in Series A funding. The round, which followed a $6M seed funding raised in 2020, was led by Coatue Management with support from existing investors at Greylock and Bain Capital Ventures, as well as Lightspeed Capital, SV Angels, Blank Ventures,… Continue reading Magical Raises $35M in Series A Funding

Biden will pause solar tariffs and invoke Defense Production Act for clean energy

In an executive action on Monday, President Joe Biden announced a number of measures aimed at boosting solar energy in the US, including a two-year “bridge” meant to alleviate a squeeze on the flow of solar equipment imports from Cambodia, Malaysia, Thailand, and Vietnam. The moves come after a federal investigation into whethersolar manufacturers had… Continue reading Biden will pause solar tariffs and invoke Defense Production Act for clean energy

UK new car sales slide to second worst May in 30 years

UK new car sales slide to second worst May in 30 years Global supply chain crisis, including computer chip shortage, and inflation hit business Cars parked at the Vauxhall factory in Ellesmere Port, south of Liverpool. Photograph: Paul Ellis/AFP/Getty Images Cars parked at the Vauxhall factory in Ellesmere Port, south of Liverpool. Photograph: Paul Ellis/AFP/Getty… Continue reading UK new car sales slide to second worst May in 30 years

Trademark Collection by Wyndham Celebrates Its Five-Year Anniversary and Rapid Growth

Hospitality entrepreneurs are attracted to the Trademark Collection, as they can retain their own vision and hotel’s character Tweet this “Hospitality entrepreneurs are attracted to the Trademark Collection, as they can retain their own vision and hotel’s character, while being backed by Wyndham and our unwavering support,” said Chip Ohlsson, Chief Development Officer, Wyndham Hotels… Continue reading Trademark Collection by Wyndham Celebrates Its Five-Year Anniversary and Rapid Growth

Earth Ocean Farms carries out its seventh release of juvenile Totoaba in the Sea of Cortez: more than 175,000 hatchlings in seven years

The company specializes in state-of-the-art, off-shore aquaculture for the proliferation of native species such as Totoaba Macdonaldi and Red Snapper while generating jobs and contributing to the regional economy. The release was completed with the support of federal and local governments as well as research institutions and community organizations as part of a restocking plan to… Continue reading Earth Ocean Farms carries out its seventh release of juvenile Totoaba in the Sea of Cortez: more than 175,000 hatchlings in seven years

ATRI Seeks Input from Commercial Drivers Operating in Midwest States

ATLANTA, June 6, 2022 /PRNewswire/ — The American Transportation Research Institute (ATRI) today launched a follow-up online survey seeking user perspectives from truck drivers related to the real-time parking information system that was installed in eight Midwest states in 2019. This follow-up survey is specifically intended to collect preference information from truck drivers who have… Continue reading ATRI Seeks Input from Commercial Drivers Operating in Midwest States

Fleet Sales Drop by a Fifth Year Over Year in May

After including dealer and manufacturer fleet sales, the total fleet share of all sales was 13.9%, up from last May’s fleet share of 12.2%, due to weakness in retail sales. Source: Cox Automotive Sales into large fleets, including sales into dealer and manufacturer fleets, decreased 0.4% month over month in May to 154,047 units, according… Continue reading Fleet Sales Drop by a Fifth Year Over Year in May

Pixel update squeezes more useful information into the lock screen

Google’s latest feature drop for Pixel phones adds yet more features to At a Glance, a widget designed to surface important information on home and lock screens. There’s also a new shortcut that offers easier access to vaccine cards and a new music remix app created in collaboration with Teenage Engineering. The update will begin… Continue reading Pixel update squeezes more useful information into the lock screen