Northvolt to Build €4 Billion Battery Gigafactory in Northern Germany

BERLIN, March 15, 2022 /PRNewswire/ — Swedish green battery maker Northvolt has selected the northern German city of Heide in the regional state of Schleswig-Holstein for a new 60 gigawatt plant. “Northvolt Drei” will be the company’s third production facility of this size and the first outside Sweden. It will cost some EUR 4 billion.… Continue reading Northvolt to Build €4 Billion Battery Gigafactory in Northern Germany

Scania Year-end Report January-December 2021

SÖDERTÄLJE, Sweden, March 15, 2022 /PRNewswire/ — The year 2021 for Scania has been characterised by record strong demand for trucks while we faced an extreme challenge in meeting this demand due to a shortage of components in the supply chain. Summary of the full year 2021 •   Net sales increased by 17 percent to… Continue reading Scania Year-end Report January-December 2021

ENEL X AND OK2CHARGE MODERNIZE VACATION RENTALS WITH SMART EV CHARGING SOLUTIONS TO SUPPORT MORE SUSTAINABLE TRAVEL

“With demand for EVs continuing to grow, confidence with longer range battery electric vehicles, and the popularity of vacation destinations within driving distance, EV drivers want to know that they will have easy access to smart charging throughout their journey,” said Giovanni Bertolino, Head of e-Mobility, Enel X North America. “Through our partnership with Ok2Charge,… Continue reading ENEL X AND OK2CHARGE MODERNIZE VACATION RENTALS WITH SMART EV CHARGING SOLUTIONS TO SUPPORT MORE SUSTAINABLE TRAVEL

Alpha Motor Corporation Unveils The All-New ACE™ Electric Vehicle Coupe Series

IRVINE, Calif., March 14, 2022 /PRNewswire/ — Alpha Motor Corporation has just unveiled The ACE Electric Vehicle Coupe Series: ACE, ACE Performance Edition, and SUPER ACE. Each model built on Alpha’s mechanically adjustable vehicle platform, efficiently streamlines product validation by enabling rapid integration of body and components. The launch of the All-New ACE Electric Vehicle… Continue reading Alpha Motor Corporation Unveils The All-New ACE™ Electric Vehicle Coupe Series

KONGSBERG AUTOMOTIVE USES FUNDS FROM INTERIOR COMFORT SYSTEMS DIVESTMENT TO REDEEM EUR 75 MILLION OF BONDS

REDEMPTION MARKS IMPORTANT MILESTONE IN EXECUTING THE PLANS FOR USE OF PROCEEDS ANNOUNCED IN 2021 Zurich, March 10th, 2022: Kongsberg Actuation Systems B.V., a subsidiary of Kongsberg Automotive ASA (“Kongsberg Automotive”) has today published a Notice of Redemption for EUR 75 million of its outstanding Senior Secured Notes due 2025. This follows the successful closing… Continue reading KONGSBERG AUTOMOTIVE USES FUNDS FROM INTERIOR COMFORT SYSTEMS DIVESTMENT TO REDEEM EUR 75 MILLION OF BONDS

AGS REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

LAS VEGAS, March 10, 2022 /PRNewswire/ — PlayAGS, Inc. (NYSE: AGS) (“AGS”, “us”, “we” or the “Company”), a designer and developer of equipment and services solutions for the global gaming industry, today reported operating results for the fourth quarter and full year ended December 31, 2021. In addressing the Company’s fourth quarter and full year financial performance, AGS President… Continue reading AGS REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

BMW Group, Qualcomm and Arriver™ to form long-lasting strategic cooperation for joint development of Automated Driving software solutions

MUNICH and STOCKHOLM, March 10, 2022 /PRNewswire/ — BMW Group, Qualcomm Technologies, and Arriver™ join forces to co-develop next generation of Automated Driving Systems. The cooperation combines BMW’s current AD stack with Arriver’s Vision Perception and NCAP Drive Policy products on Qualcomm Technologies’ system-on-chip, with the goal of designing best-in-class Automated Driving functions spanning NCAP, Level 2… Continue reading BMW Group, Qualcomm and Arriver™ to form long-lasting strategic cooperation for joint development of Automated Driving software solutions

Volkswagen Caminhões e Ônibus apresenta extrapesado Meteor na Argentina

“Historicamente a Argentina é nosso maior mercado de exportação, com grande potencial para os caminhões e ônibus Volkswagen. Essa é a primeira vez que levamos o Meteor para apresentação no exterior e a escolha pela Argentina ratifica nossa decisão de continuar investindo no desenvolvimento do mercado do país”, declara Ricardo Alouche, vice-presidente de Vendas, Marketing… Continue reading Volkswagen Caminhões e Ônibus apresenta extrapesado Meteor na Argentina

DENSO Deploys Beam Global Sustainable Electric Vehicle Charging Systems at Tennessee Location, Supports Company’s Green Focus

In addition to providing employees with convenient vehicle charging options, the EV ARCs make and store their own electricity to deliver clean and renewable energy. They also monitor how much carbon is saved compared to combustion engine vehicles with each use. Together, these capabilities contribute to DENSO’s Two Great Causes: Green – achieving carbon neutrality… Continue reading DENSO Deploys Beam Global Sustainable Electric Vehicle Charging Systems at Tennessee Location, Supports Company’s Green Focus

Valmet Automotive’s Annual Review 2021: Strong growth in EV Systems, record operating profit for the Group

Despite the continued extraordinary external circumstances with the corona pandemic and component shortages, 2021 was a year of growth for Valmet Automotive in all business lines with the strongest growth in EV Systems. The most significant events of the year included several new customer contracts in all business lines, new production facilities and products in the… Continue reading Valmet Automotive’s Annual Review 2021: Strong growth in EV Systems, record operating profit for the Group