Alpha Motor Corporation Releases The Striking Electric Jax™ Crossover Utility Vehicle

IRVINE, Calif., Feb. 11, 2021 /PRNewswire/ — Alpha Motor Corporation has unveiled the new Electric Jax™, the automotive company’s crossover utility vehicle built on a shared platform with the Alpha ACE™. Additional information on the Electric JAX™, including its price, are available on https://www.alphamotorinc.com. Tweet this JAX™, which stands for “Junior All-terrain Crossover”, is positioned as… Continue reading Alpha Motor Corporation Releases The Striking Electric Jax™ Crossover Utility Vehicle

EVgo Further Extends Nation’s Largest Fast Charging Network to Tesla Drivers

LOS ANGELES, Feb. 11, 2021 /PRNewswire/ — EVgo, the nation’s largest public fast charging network for electric vehicles (EVs), is expanding its offering for Tesla drivers to charge at more EVgo stations across the country, upgrading hundreds of its stations with integrated Tesla connectors. This will further EVgo’s reach as the only EV charging platform… Continue reading EVgo Further Extends Nation’s Largest Fast Charging Network to Tesla Drivers

Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe

Platform to Track and Manage Deletion of Personal Information in Vehicles Now Available in the UK and EU LONDON, Feb. 11, 2021 /PRNewswire/ — Fimatix UK Ltd, a leading Digital Technology Services Consultancy, announced today a new distribution partnership with Privacy4Cars, the first-of-its-kind platform designed to help erase Personal Information (PI) from modern vehicles. The… Continue reading Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe

Haldex Year-End Report January – December 2020

STOCKHOLM, Feb. 11, 2021 /PRNewswire/ — Strong sequential recovery and improved adjusted operating income FOURTH QUARTER 2020            Sales fell by 13% to SEK 989m (1,141). In currency-adjusted terms, the decline was 6%.            Gross margin improved by 3 percentage points to 28.6% (25.6). The improvement is attributed to the closure of production units as well as… Continue reading Haldex Year-End Report January – December 2020

World NM: GM sacrifices profits in $27bn electric drive000847

General Motors will spend $27bn (£22bn) on phasing out all petrol and diesel-powered vehicles by 2035 despite admitting its electric drive will come at the expense of profits. The company will spend more than $7bn on electric and self-driving vehicles this year and develop 30 battery-driven models by 2025. Toyota raised its profit forecasts by more… Continue reading World NM: GM sacrifices profits in $27bn electric drive000847

Lear Declares Quarterly Cash Dividend

SOUTHFIELD, Mich., Feb. 10, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company’s common stock.  The dividend is payable on March 23, 2021, to shareholders of record at the… Continue reading Lear Declares Quarterly Cash Dividend

BorgWarner Launches 800-volt Electric Motor for the Commercial Vehicle Segment

AUBURN HILLS, Mich., Feb. 10, 2021 /PRNewswire/ — BorgWarner’s latest High Voltage Hairpin (HVH) electric motor, the HVH 320, is ready to power a variety of hybrid and electric applications for commercial vehicle manufacturers, including a large European OEM. Production of the HVH 320, which is equipped with 800-volt capabilities and available in four variants, is… Continue reading BorgWarner Launches 800-volt Electric Motor for the Commercial Vehicle Segment

Hyundai Motor Group Unveils TIGER Uncrewed Ultimate Mobility Vehicle Concept

Hyundai’s first uncrewed ultimate mobility vehicle (UMV) concept is revealed today as TIGER, which stands for transforming intelligent ground excursion robot. TIGER is intended to carry payloads over remote and inaccessible terrain and designed to operate as a four-wheel drive vehicle or a four-legged walking machine. The vehicle is being developed by Hyundai Motor Group’s… Continue reading Hyundai Motor Group Unveils TIGER Uncrewed Ultimate Mobility Vehicle Concept

World NM: Kia to transform itself into EV carmaker000841

By Baek Byung-yeul Kia has vowed to improve its electric vehicle (EV) sales, and will release 11 EV models by 2026, while transforming itself into a total mobility company, the Hyundai Motor Group affiliate said Tuesday. In the U.S. market, which accounts for the largest portion of Kia’s sales and profits, the company plans to… Continue reading World NM: Kia to transform itself into EV carmaker000841