Category: Newswire

Nidec Revises Consolidated Financial Forecast and Year-End Dividend Projection for the Year Ending March 31, 2020

KYOTO, Japan, Oct. 23, 2019 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced downward revision to its IFRS-based consolidated financial forecast and upward revision to its year-end dividend projection for the year ending March 31, 2020, previously announced on July 24, 2019.The details are as follows:Revised consolidated financial forecast… Continue reading Nidec Revises Consolidated Financial Forecast and Year-End Dividend Projection for the Year Ending March 31, 2020

Martinrea International Inc. Announces Strategic Relationship With Millison Die Casting

TORONTO, Oct. 23, 2019 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced a strategic relationship with Chongqing Millison Die Casting Co., Ltd. Based in Chongqing, China, Millison manufactures and distributes… Continue reading Martinrea International Inc. Announces Strategic Relationship With Millison Die Casting

Karma Automotive Opens Tech Base In Silicon Valley

“Karma serves as a technology incubator,” said Karma CEO Dr. Lance Zhou. “We are opening our product platform to serve as a test bed to help potential business partners bring emerging innovation to market and increase the speed of our own product development.” Establishing a proactive presence in California’s northern hub of tech development is… Continue reading Karma Automotive Opens Tech Base In Silicon Valley

EVgo Announces 40% Growth in Its California Fast Charging Network

“EVgo is enabling electric for all by building our fast charging stations in the places where EV drivers live, work and shop,” said Cathy Zoi, EVgo’s CEO. “EVgo’s California network will grow by 40% this year, and today, 80% of California EV drivers live within a 15-minute drive of one of 300 EVgo reliable and convenient fast… Continue reading EVgo Announces 40% Growth in Its California Fast Charging Network

Ericsson and NVIDIA Collaborate to Accelerate Virtualized 5G Radio Access Networks with GPUs

LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) — Mobile World Congress —NVIDIA and Ericsson today announced they are collaborating on technologies that can allow telco operators to build high-performing, efficient and completely virtualized 5G radio access networks (RAN). These virtualized networks can enable faster and more flexible introduction of new AI and IoT services.The collaboration,… Continue reading Ericsson and NVIDIA Collaborate to Accelerate Virtualized 5G Radio Access Networks with GPUs

NVIDIA with Microsoft Announces Technology Collaboration for Era of Intelligent Edge

LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) — Mobile World Congress—NVIDIA with Microsoft Corp. today announced a technology collaboration focused on intelligent edge computing, designed to help industries better manage and gain insights from the growing flood of data created by retail stores, warehouses, manufacturing facilities, connected buildings, urban infrastructure and other environments.By enabling closer… Continue reading NVIDIA with Microsoft Announces Technology Collaboration for Era of Intelligent Edge

Penske Dash Selects Ridecell As Technology Partner To Power New Carsharing Service

SAN FRANCISCO, Oct. 22, 2019 /PRNewswire/ — Ridecell Inc., the leading platform provider for shared mobility operators, today announced it has been selected by Penske Dash as the technology partner for Penske Dash carsharing. The Ridecell platform used by Penske Dash provides a complete solution for their carsharing service of Volkswagen Jetta cars, launching this… Continue reading Penske Dash Selects Ridecell As Technology Partner To Power New Carsharing Service

EV Connect Secures $12 Million to Scale Cloud-Based Innovations for Electric Vehicle Charging

EL SEGUNDO, Calif., Oct. 22, 2019 /PRNewswire/ — To lead the global electric vehicle (EV) charging infrastructure into a future that optimizes energy transfer, and opens up new revenue streams and business models around charging EVs, EV Connect today announced that it has closed a $12 million Series B funding round. Lead investors, Mitsui & Co., Ltd. and Ecosystem… Continue reading EV Connect Secures $12 Million to Scale Cloud-Based Innovations for Electric Vehicle Charging