Category: Newswire

Beep And Local Motors Announce Strategic Partnership To Broadly Deploy Autonomous, Electric Shuttles

ORLANDO, Fla., July 23, 2020 /PRNewswire/ — Beep, a Florida-based autonomous Mobility-as-a-Service (MaaS) provider and Local Motors by LM Industries, the world’s first and only digital vehicle manufacturer, today announced a strategic partnership and new reseller agreement. The collaborative agreement is intended to significantly expand the number of AV shuttles on both public and private… Continue reading Beep And Local Motors Announce Strategic Partnership To Broadly Deploy Autonomous, Electric Shuttles

Twisted 4×4 NAS-E Charges Into USA: Iconic British Shape Goes Electric With Exclusivity, Customization And California Appeal

“As the world moves steadily toward mass electrification, the Californian market has been missing a uniquely stylish electric 4×4 option that can stand out at the beach, off-road and at stoplights with a level of exclusivity and prestige that can only come from the timeless British Defender® form. With color schemes reflecting the natural beauty… Continue reading Twisted 4×4 NAS-E Charges Into USA: Iconic British Shape Goes Electric With Exclusivity, Customization And California Appeal

Mazda To Resume Full Factory Operation Worldwide In August Amid Strong US Sales And Demand

IRVINE, Calif., July 22, 2020 /PRNewswire/ — Starting in August, Mazda Motor Corporation will return to normal factory operations, or pre-COVID-19 levels, amid increased sales and future forecast for product demand in the U.S. In June, Mazda North American Operations achieved a sales increase of nearly 11 percent year-over-year. Most notably, the three-row CX-9 and MX-5… Continue reading Mazda To Resume Full Factory Operation Worldwide In August Amid Strong US Sales And Demand

Nikola Announces Redemption of Public Warrants

PHOENIX, July 22, 2020 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA; NKLAW) (“Nikola” or the “Company”), today announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s common stock, $0.0001 par value per share (the “Common Stock”), that were issued under the Warrant Agreement, dated as… Continue reading Nikola Announces Redemption of Public Warrants

Mitsubishi Motors To Launch Lineup Of New Vehicles

Between now and the end of the second quarter of 2021, Mitsubishi Motors North America, Inc. (MMNA) will launch three considerably revised vehicles and one all-new, ground-up redesign, proof of the company’s commitment to deliver high quality, top value, leading-edge technology vehicles in the U.S. In addition, standard features and added value across the entire… Continue reading Mitsubishi Motors To Launch Lineup Of New Vehicles

Swoop Snags $3.2M to Build SaaS for Local Transportation Businesses

LOS ANGELES, July 22, 2020 /PRNewswire/ — Annually, there are over 400M people in the US that rely on chauffeured group transportation services, spending more than $40B on it. However, vehicle utilization for these mostly small local operators is currently at 4.9%. On top of that, customers often end up frustrated by analog booking processes, broken… Continue reading Swoop Snags $3.2M to Build SaaS for Local Transportation Businesses

Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2020

KYOTO, Japan, July 21, 2020 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2020.The highlights are as follows:The net sales stood at 336.9 billion yen, 7% down Y/Y.Despite reduced profit due to the lower… Continue reading Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2020

Netradyne Passes 1 Billion Miles Mapped and Captures and Analyzes Nearly 3 Billion Minutes of Vision Based Driving Data

SAN DIEGO, July 21, 2020 /PRNewswire/ — Netradyne, a leader in artificial intelligence (AI) and edge computing focusing on driver and fleet safety, today announced that Driveri®, its vision-based driver recognition safety program, has mapped data from vehicles traveling more than 1 billion miles on US roads, including 1.8 million unique miles, more than any other… Continue reading Netradyne Passes 1 Billion Miles Mapped and Captures and Analyzes Nearly 3 Billion Minutes of Vision Based Driving Data

BorgWarner Provides Three New Energy Vehicle (NEV) Companies with Efficient, Lightweight Electric Drive Modules (eDMs)

SHANGHAI, July 21, 2020 /PRNewswire/ — BorgWarner has started supplying its high-performance, lightweight, and compact electric drive module (eDM) to power three Chinese new energy vehicles (NEVs): the JMC-Ford Territory, the AIWAYS SUV U5 and the Leading Ideal One’s smart electric large SUV without mileage anxiety. With a compact, lightweight, easy-to-install design, BorgWarner’s eDM delivers the… Continue reading BorgWarner Provides Three New Energy Vehicle (NEV) Companies with Efficient, Lightweight Electric Drive Modules (eDMs)