AKRON, Ohio, March 30, 2022 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) announced today that its venture capital arm, Goodyear Ventures, has added Nova Labs, formerly Helium Inc., to its growing investment portfolio. Nova Labs is the pioneer of decentralized wireless communications and founder of the core technologies powering the Helium Network. The… Continue reading GOODYEAR VENTURES EXPANDS PORTFOLIO WITH NOVA LABS INVESTMENT TO ADVANCE CONNECTED MOBILITY ON THE HELIUM NETWORK
Category: Newswire
BMW M8 Ultra-High-Performance Cars Will Offer Alcantara Interior Trim
MILAN, March 30, 2022 /PRNewswire/ — BMW’s new 2023 M8 Competition series unveiled at the Amelia Island Concourse d’Elegance in March will be offered with optional bucket seating that features “Made in Italy” luxury material from Alcantara. The M8’s carbon-fiber-reinforced bucket seats will be offered in a combination of Black and Sakhir Orange trim or… Continue reading BMW M8 Ultra-High-Performance Cars Will Offer Alcantara Interior Trim
GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
▪11.2% increase in GRAMMER Group revenue to about EUR 1.9 billion, driven chiefly by the Commercial Vehicles Division (up 31.0%)▪ Operating EBIT improved from EUR -11.7 million to EUR 22.8 million▪ APAC enjoyed considerable growth (up 19.8%), AMERICAS region in need of restructuring▪ Business performance in H2 2021 affected by reduced and volatile customer call-offs… Continue reading GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
GOODYEAR ANNOUNCES COMMENCEMENT OF EXCHANGE OFFERS FOR ITS 5.000% SENIOR NOTES DUE 2029 AND ITS 5.250% SENIOR NOTES DUE 2031
AKRON, Ohio, March 30, 2022 /PRNewswire/ — The Goodyear Tire & Rubber Company (“Goodyear”) (NASDAQ: GT) today announced the commencement of offers to exchange all of its outstanding unregistered 5.000% Senior Notes due 2029 (the “2029 Restricted Notes”) and all of its outstanding unregistered 5.250% Senior Notes due 2031 (the “2031 Restricted Notes,” and, together… Continue reading GOODYEAR ANNOUNCES COMMENCEMENT OF EXCHANGE OFFERS FOR ITS 5.000% SENIOR NOTES DUE 2029 AND ITS 5.250% SENIOR NOTES DUE 2031
China Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 Results
WUHAN, China, March 30, 2022 /PRNewswire/ — China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2021. Fourth Quarter 2021 Highlights Net sales declined by… Continue reading China Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 Results
Hyundai Glovis Builds Fire Response System for Electric Vehicles (EV)
The fire cover is a device that covers a specially coated cloth on a burned vehicle to prevent oxygen inflow, turning off the fire and blocking heat and smoke. Above all, the fire cover is effective in preventing the fire from being transferred to the next vehicle if it is covered by the ignition vehicle… Continue reading Hyundai Glovis Builds Fire Response System for Electric Vehicles (EV)
StradVision and ZF Partner to Accelerate The Future of Automated Driving Perception Technology
“The partnership with StradVision considerably extends our autonomous driving perception and sensor fusion capabilities,” said Marc Bolitho, head of Engineering of the Electronics and ADAS division at ZF Group. “Together with our sensors, middleware platform and high-performance computing solutions, this vision perception software expertise from StradVision can provide a key component of our environmental sensor… Continue reading StradVision and ZF Partner to Accelerate The Future of Automated Driving Perception Technology
Electric mobility: Valmet Automotive delivered over 400,000 batteries in 2021
Valmet Automotive reached a new record volume in battery manufacturing in 2021 with over 400,000 delivered units. The ramp-up in volume was due to strong customer demand, increased production efficiency, extension of the Salo battery plant and battery production start at the Uusikaupunki plant. Valmet Automotive is extending and diversifying its battery supply. Valmet Automotive… Continue reading Electric mobility: Valmet Automotive delivered over 400,000 batteries in 2021
Scania set targets for decreased emission in our supply chain
SÖDERTÄLJE, Sweden, March 29, 2022 /PRNewswire/ — Scania already reports on the results for our Science Based Targets that measures the decrease in emissions from both our own operations as well as from our vehicles in use. Now, we add targets for our supply chain. In 2020, Scania became the first heavy vehicle manufacturer to… Continue reading Scania set targets for decreased emission in our supply chain
NIKOLA AND ENGS COMMERCIAL FINANCE CO. SIGN AGREEMENT TO PROVIDE FINANCING FOR ZERO-EMISSION SEMI-TRUCK SALES
PHOENIX, March 29, 2022 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, and ENGS Commercial Finance Co. (“ENGS”), a member of Mitsubishi HC Capital Group (“MHC”) and a market leading commercial finance company, today announced a signed agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and… Continue reading NIKOLA AND ENGS COMMERCIAL FINANCE CO. SIGN AGREEMENT TO PROVIDE FINANCING FOR ZERO-EMISSION SEMI-TRUCK SALES