SAN FRANCISCO, Sept. 1, 2020 /PRNewswire/ — Ike, a developer of automated trucking technology (also referred to as “self-driving” or “autonomous” trucking), today announced its “Powered by Ike” customer program, including partnerships with leading logistics companies Ryder System, Inc. (NYSE: R), DHL, and NFI. These industry-leading fleets will be among the first to deploy “level… Continue reading Ike Announces First Fleets in Automated Trucking Customer Program
Category: Newswire
HiPhi X launches with a unique handle-less, touch-free, electronically controlled NT Door System
HiPhi X, the first model of the HiPhi brand, is positioned as a self-learning, supercar-inspired SUV, adopting the world’s first Human Oriented Architecture (HOA) enabling a secure, developer-open software platform. HOA comprises of 6 “super brain” domain controllers, connected by 1G Ethernet, over 500 sensors, and a 5G-V2X technology network. HiPhi X comes with 2… Continue reading HiPhi X launches with a unique handle-less, touch-free, electronically controlled NT Door System
Shift Raises Third Quarter Outlook for Adjusted Gross Profit and Adjusted Gross Profit per Unit (“GPU”), as Second Quarter GPU Increases 57% YoY
SAN FRANCISCO, Aug. 31, 2020 /PRNewswire/ — Shift Technologies Inc. (“Shift” or the “Company”), a leading end-to-end ecommerce platform on a mission to make buying or selling a used car fun, fair, and accessible for everyone, today announced it is raising its third quarter outlook for adjusted gross profit and adjusted gross profit per unit (“GPU”).… Continue reading Shift Raises Third Quarter Outlook for Adjusted Gross Profit and Adjusted Gross Profit per Unit (“GPU”), as Second Quarter GPU Increases 57% YoY
Workhorse Enters into Strategic Agreements with Hitachi and Hitachi Capital America
CINCINNATI, Aug. 31, 2020 /PRNewswire/ — Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective electric drone-integrated vehicles to the last-mile delivery sector, announced today newly-formed strategic agreements between the Company and both Hitachi America, Ltd. (“Hitachi America“) and Hitachi Capital America Corp. (“Hitachi Capital America” or “HCA”). Under… Continue reading Workhorse Enters into Strategic Agreements with Hitachi and Hitachi Capital America
Hyundai and BTS Launch Hyundai’s Dedicated EV Brand IONIQ song “IONIQ: I’m On It”
The brand song “IONIQ: I’m On It” gives voice in line with IONIQ’s goal to offer customer centric EV experiences centered on connected lifestyle solutions. The song’s lyrics—sung and rapped by BTS’s RM, Jin, SUGA, j-hope, Jimin, V, and Jung Kook—express feelings of discovery, curiosity, hope, creativity, and inspiration for the future, affirmed by the… Continue reading Hyundai and BTS Launch Hyundai’s Dedicated EV Brand IONIQ song “IONIQ: I’m On It”
Bollinger Motors Unveils DELIVER-E™ Delivery Van
“We took our extensive Class 3 electrification knowledge and applied it to the delivery sector,” said Robert Bollinger, CEO of Bollinger Motors. “Our DELIVER-E™ van gives commercial fleets the power to go green and save on ownership costs, while neighborhoods will benefit from a reduction in air and noise pollution.” The front-wheel drive, all-electric DELIVER-E platform… Continue reading Bollinger Motors Unveils DELIVER-E™ Delivery Van
Nikola Founder & Executive Chairman Grants 6,005,162 Shares To Early Employees
PHOENIX, Aug. 27, 2020 /PRNewswire/ — 6,005,162 options for shares of common stock in Nikola Corporation have been granted to employees from Trevor Milton’s personal holdings This employee award did not result in any stock dilution as shares underlying the options are granted from the founder’s existing holdings Potential stock value of options granted as… Continue reading Nikola Founder & Executive Chairman Grants 6,005,162 Shares To Early Employees
Veoneer and Qualcomm to power Next Generation ADAS and Autonomous Driving Systems
STOCKHOLM, Aug. 27, 2020 /PRNewswire/ — Automotive technology company, Veoneer, Inc. and Qualcomm Technologies, Inc., have decided to collaborate on the delivery of scalable Advanced Driver Assistance Systems (ADAS), Collaborative and Autonomous Driving (AD) solutions powered by Veoneer’s next-generation perception and driving policy software stack and Qualcomm® Snapdragon Ride™ ADAS/AD scalable portfolio of System on… Continue reading Veoneer and Qualcomm to power Next Generation ADAS and Autonomous Driving Systems
Valmet Automotive’s car plant is approaching CO2 neutrality ahead of schedule
Valmet Automotive has signed a supply contract for fossil-free district heating to the Uusikaupunki car plant. Together with the earlier supply contract for fossil-free electricity, the car plant has already reduced its CO2 emissions by 70 % since 2019. The car plant is aiming at carbon-neutral production by the end of 2021. Valmet Automotive has entered… Continue reading Valmet Automotive’s car plant is approaching CO2 neutrality ahead of schedule
Mahindra and REE Automotive Sign an MOU to Establish a Strategic Collaboration for the Development of Electric Commercial Vehicles
Such a strategic collaboration will leverage REE’s revolutionary electric vehicle corner module and platform technology of integrating powertrain, suspension and steering components in the arch of a vehicle wheel. This coupled with Mahindra’s well-established vehicle design, engineering, sourcing capability and manufacturing assets, is set to be a win-win strategic partnership for both companies. The partnership will support REE’s global customer need for 200,000-250,000 electric commercial vehicle units over a few years, including potential Mahindra’s domestic and international volumes.… Continue reading Mahindra and REE Automotive Sign an MOU to Establish a Strategic Collaboration for the Development of Electric Commercial Vehicles