Category: Newswire

Damon Motorcycles and BlackBerry QNX Revolutionize Motorcycling with the Introduction of Hypersport Pro Electric Superbike

Damon will unveil this disruptive, limited edition superbike, the Hypersport Pro™, and open reservations to the public online and at CES at 10:00am PST, January 7th. In BlackBerry‘s booth, attendees will also be able to experience Damon‘s next generation motorcycle first-hand in the #FutureOfMotorcycling Interactive Experience, a rideable, leaning stationary motorcycle that uses virtual reality to… Continue reading Damon Motorcycles and BlackBerry QNX Revolutionize Motorcycling with the Introduction of Hypersport Pro Electric Superbike

CES 2020: ProLogium’s Solid-State Battery for Two Wheeled Vehicle Favored by European and Japanese Manufacturers

TAIPEI, Jan. 3, 2020 /PRNewswire/ — At CES2020, ProLogium Technology brought new surprises: Solid-state battery technology (SSB), regarded as the next-generation heart of electric vehicles, is entering into the market of electric bicycles and motorcycles. ProLogium launched a new SSB with absolute safety and higher energy density. With the upgrade of core power technology, electric… Continue reading CES 2020: ProLogium’s Solid-State Battery for Two Wheeled Vehicle Favored by European and Japanese Manufacturers

Former Nissan Executive’s Home Raided While Interpol Issues Arrest Warrant

Japanese prosecutors raided the Tokyo home of former Nissan Chairman Carlos Ghosn Thursday while the international police organization Interpol submitted a warrant for his arrest to Lebanese authorities.Japanese media reported earlier that there were no official records in Japan of Ghosn’s departure and that a private jet departed from a regional airport to Turkey.Turkey’s state-run Anadolu News Agency reported Thursday that authorities investigating Ghosn’s travels from Japan to Istanbul had arrested seven people, including four pilots, a cargo company manager and two airport employees.

Opus Acquires AutoEnginuity

STOCKHOLM, Jan. 3, 2020 /PRNewswire/ — Drew Technologies, Inc., an Opus IVS division company, acquired US-based AutoEnginuity, LLC for a purchase price of approximately USD 20 million (approximately SEK 187 million) on a cash-free and debt-free basis. All conditions for completion of the acquisition of AutoEnginuity have been met. Background and reasons for the Acquisition … Continue reading Opus Acquires AutoEnginuity

Veoneer Order Book, New Order Intake and Sales Estimate Update

STOCKHOLM, Jan. 3, 2020 /PRNewswire/ — Veoneer, Inc. (NYSE: VNE)  (SSE: VNE SDB), estimates its current total order book value to be approximately $19 billion, in line with the estimate of more than $19 billion from the end of 2018, pointing to strong sales growth ahead. Lifetime value of the new order intake for the full… Continue reading Veoneer Order Book, New Order Intake and Sales Estimate Update

UVeye to Unveil Industry-Leading Vehicle-Inspection Technology at CES

TEL AVIV, Israel, Jan. 2, 2020 /PRNewswire/ — Israel’s UVeye next week plans to unveil an industry-leading vehicle-inspection system based on deep-learning technology that can identify even the smallest exterior defects on any vehicle within seconds. The company’s Atlas 360-degree quality-control system, alongside its other products, will be shown for the first time in North America… Continue reading UVeye to Unveil Industry-Leading Vehicle-Inspection Technology at CES

MG Hector retail sales at 3,021 units in December 2019

MG (Morris Garages) Motor India has recorded retail sales of 3,021 units of the Hector in December 2019.MG Hector features a chrome accent surrounded front grille, split LED headlamps, LED DRLs, LED fog lamps, LED tail lamps, LED fog lamps, dualtone machined alloys, shark fin antenna and heated ORVM.MG Motor India is all set to launch the ZS electric vehicle this month.

NIO CEO pledges to improve finances as Tesla challenge looms

THE head of NIO Inc pledged an improvement in the struggling Chinese electric carmaker’s finances as demand picks up and the company’s cost-cutting efforts start to bear fruit.China’s electric car market is slowing as the government reduces subsidies, and competition is getting tougher with Tesla preparing to start deliveries of its China-built Model 3 sedans.Yet losses will probably continue to mount: for 2020, the average loss estimate is US$1.2 billion on revenue of US$1.7 billion.