Category: Automotive

Linamar Corporation Provides Commentary on External Market Conditions

GUELPH, ON, July 9, 2021 /CNW/ – Linamar Corporation (TSX: LNR) today released insights regarding the market activity observed during Q2 2021, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Automotive markets in which it operates. Linamar Corporation… Continue reading Linamar Corporation Provides Commentary on External Market Conditions

Ampcera Receives Funding from the Department of Energy for the Development of High Volume, Low-Cost Manufacturing of Solid-State Batteries for Electric Vehicles

TUCSON, Ariz., July 9, 2021 /PRNewswire/ — Ampcera Inc., an innovator in solid-state electrolyte and battery technologies, announces its Phase I Small Business Innovative Research (SBIR) grant from the U.S. Department of Energy (DOE) Vehicle Technologies Office for the development of a lithium dendrite suppressing solid-state electrolyte membrane for lithium metal batteries using a high-throughput… Continue reading Ampcera Receives Funding from the Department of Energy for the Development of High Volume, Low-Cost Manufacturing of Solid-State Batteries for Electric Vehicles

Scuderia Ferrari New Simulator Is Completed

BRISTOL, England, July 9, 2021 /PRNewswire/ — The new Scuderia Ferrari simulator is in its new home. The fitting out of the facility and the commissioning of the simulator was completed this week in a new building that sits between the main office of the Gestione Sportiva and the Fiorano Track. In the coming weeks, the calibration work will be carried… Continue reading Scuderia Ferrari New Simulator Is Completed

Lucid Motors and Churchill Capital Corp IV to Host Investor Call

NEWARK, Calif. and NEW YORK, July 9, 2021 /PRNewswire/ — Lucid Motors (“Lucid”), which is setting new standards for sustainable mobility with its advanced luxury EVs, and Churchill Capital Corp IV (NYSE: CCIV), a special purpose acquisition company, announced today that Lucid’s management team will host an investor call on Tuesday, July 13, 2021 at 1:30 pm… Continue reading Lucid Motors and Churchill Capital Corp IV to Host Investor Call

Foxconn suggests plans to build electric vehicles in Wisconsin

New Delhi: Taiwan’s Foxconn on Friday signalled that it has decided to build electric vehicles in the U.S. state of Wisconsin. “Foxconn has engaged the Wisconsin Economic Development Corporation to discuss the company’s plans for electric vehicle manufacturing. Foxconn is optimistic about our partnership with WEDC and looks forward to ongoing discussions,” the company said… Continue reading Foxconn suggests plans to build electric vehicles in Wisconsin

Baring PE Asia sells Korean parcel delivery company Logen for $324m

Alternative investment major Baring Private Equity Asia (BPEA) has sold Korean domestic parcel delivery company Logen to Daemyung Chemical Group, a company specialising in fashion and logistics, for $324 million.  Logen will be acquired by Daemyung’s publicly-listed fashion retailing subsidiary Cowell Fashion, according to a statement.  The deal came after Logen had achieved its highest… Continue reading Baring PE Asia sells Korean parcel delivery company Logen for $324m

@Geely: Fri 09 Jul 2021Lotus Emira wows the crowds at Goodwood Festival of SpeedUnquestionably one of the stars of the show, the Lotus Emira has made its dyna…

Less than 48 hours after its world premiere, all-new British sports car was a major draw with show-goers Crowd control measures in place all day on Lotus stand as visitors flock to see the Emira ‘Central Feature’ sculpture brought to life with Lotus cars via innovative augmented reality technology Lotus celebrated as ‘Featured Marque’ at… Continue reading @Geely: Fri 09 Jul 2021Lotus Emira wows the crowds at Goodwood Festival of SpeedUnquestionably one of the stars of the show, the Lotus Emira has made its dyna…