On 24th, Hyundai Mobis announced that it has logged over KRW 1 trillion (approx. USD 830 million) worth of orders from global automakers just in the automotive lighting sector, which has been driven by diversifying the customer base in the global market, including customers such as a European automaker and new EV makers. Last year,… Continue reading Hyundai Mobis breaks new record in global lamp orders last year
Category: Newswire
Arbe Names Founder and Former CEO of Porsche Digital to Its Board of Directors
TEL AVIV, Israel, Feb. 24, 2022 /PRNewswire/ — Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), a global leader in next-generation 4D Imaging Radar Solutions, announced today that Thilo Koslowski, a renowned thought leader, and visionary in automotive and digital technology, has been named to its Board of Directors. Koslowski is an executive advisor focused on technology strategies for global… Continue reading Arbe Names Founder and Former CEO of Porsche Digital to Its Board of Directors
ev.energy extends its Series A to $12.8m with ArcTern Ventures
PALO ALTO, Calif. and LONDON, Feb. 24, 2022 /PRNewswire/ — ev.energy, a global provider of electric vehicle (EV) charging software, has extended its Series A financing round to $12.8M led by ArcTern Ventures. ev.energy’s product helps utilities, vehicle manufacturers, and charger manufacturers to deploy new, technology-driven EV charging programs to their customers, allowing them to… Continue reading ev.energy extends its Series A to $12.8m with ArcTern Ventures
Hyzon Motors Inc. Announces Date for Fourth Quarter and Full Year 2021 Financial and Operational Results and Conference Call
ROCHESTER, N.Y., Feb. 24, 2022 /PRNewswire/ — Hyzon Motors Inc. (“Hyzon”) (NASDAQ: HYZN), a leading global supplier of zero-emission hydrogen fuel cell electric heavy vehicles, today announced it will release its fourth quarter and full year ended December 31, 2021, financial and operational results before the market opens on Wednesday, March 23, 2022. Craig Knight,… Continue reading Hyzon Motors Inc. Announces Date for Fourth Quarter and Full Year 2021 Financial and Operational Results and Conference Call
World NM: TPV Automotive recruiting more staff this year001734
Novo Mesto – TPV Automotive, a Novo Mesto-based automotive supplier, is recruiting more staff at all its plants. The new hires will be made in several towns and villages in eastern and south-eastern Slovenia. New jobs at TPV Automotive have opened up due to the development of breakthrough projects, said the company in a press… Continue reading World NM: TPV Automotive recruiting more staff this year001734
World NM: France to speed up adoption of battery regulation001732
France, currently at the helm of the EU Council presidency, hopes to make as much progress as possible on the battery regulation in the coming months. Europe will not be able to produce more than 30% of its needs in strategic minerals – lithium, cobalt, nickel – for electric batteries in 2030. Go to Source
Shipsy Raises USD 25 Million in Series B To Accelerate Global Expansion and Product Innovation
The funding will enable Shipsy to continue growing its stronghold in the Middle East, India and Southeast Asian markets while accelerating global expansion into Europe and the US. Shipsy will also use the funds to drive rapid technological innovation with a greater focus on enhancing logistics sustainability and its AI, ML and Blockchain capabilities. “We… Continue reading Shipsy Raises USD 25 Million in Series B To Accelerate Global Expansion and Product Innovation
Cummins Shares Plans to Deliver Long-Term Growth and Increased Profitability
COLUMBUS, Ind.–(BUSINESS WIRE)–At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), a global power leader, shared the Company’s plans to generate profitable growth driven through leadership in the design, manufacture, and support of powertrain technology across a number of fuel types and power sources. “The decarbonization… Continue reading Cummins Shares Plans to Deliver Long-Term Growth and Increased Profitability
AutoNation Announces Pricing of $700 Million Aggregate Principal Amount of Senior Notes
FORT LAUDERDALE, Fla., Feb. 23, 2022 /PRNewswire/ — AutoNation, Inc. (NYSE: AN) (the “Company”) announced today the pricing of $700 million aggregate principal amount of senior unsecured notes due 2032 at 3.850% (the “notes”). The notes will be issued at 99.835% of the aggregate principal amount, representing a yield to maturity of 3.870%. The offering is… Continue reading AutoNation Announces Pricing of $700 Million Aggregate Principal Amount of Senior Notes
Marelli supplies the inverter for the new BMW CE 04 electric scooter
“We are glad to be on board such an outstanding electric vehicle like the BMW CE 04. The availability of new electric two-wheelers further enlarges the opportunities for users to enter into the mobility of tomorrow,” said Hannes Prenn, President of Marelli’s Vehicle Electrification division. “The inverter technology is a key enabler to ensure efficient energy… Continue reading Marelli supplies the inverter for the new BMW CE 04 electric scooter