New T4L Membership for Subscription of Electric Vehicles launching on September 22, 2020

NAPLES, Fla., Sept. 11, 2020 /PRNewswire/ — T4L, Inc. announced today the debut of a vehicle subscription service that will provide members with unlimited access to a member selected fleet of electric vehicles through a monthly member subscription service. Branded “Transportation 4 Life™” or “T4L™”, the service will debut on September 22nd, 2020.  Every subscription under the T4L Membership includes… Continue reading New T4L Membership for Subscription of Electric Vehicles launching on September 22, 2020

Nikola Refutes Allegations

PHOENIX, Sept. 11, 2020 /PRNewswire/ — Nikola Corporation (NASDAQ: NKLA) issued the following statement in response to claims made about the Company by an activist short-seller: “Yesterday, an activist short-seller whose motivation is to manipulate the market and profit from a manufactured decline in our stock price published a so-called “report” replete with misleading information… Continue reading Nikola Refutes Allegations

World NM: McLaren considers sale of global headquarters to raise cash000120

Luxury sports-car maker McLaren Automotive is considering a sale of its global headquarters as part of a refinancing strategy the company announced earlier this year. McLaren sought emergency funds over the summer offering its headquarters and historic car collection as collateral. Existing creditors opposed the plan in court, eventually forcing McLaren to raise 150 million… Continue reading World NM: McLaren considers sale of global headquarters to raise cash000120

Navistar Confirms Receipt Of Revised Proposal From TRATON

LISLE, Ill., Sept. 10, 2020 /PRNewswire/ — Navistar International Corporation (NYSE: NAV) (“Navistar” or “the Company”) today confirmed that it has received a revised proposal from TRATON SE to acquire Navistar for $43 per share in cash. Navistar’s Board of Directors and management team are committed to exploring all avenues to maximize value. Consistent with its… Continue reading Navistar Confirms Receipt Of Revised Proposal From TRATON

Lucid Motors Partners with ZeroLight to Reshape the Luxury Automotive Purchase Experience

As the most realistic design configurator ever created, Lucid’s configurator features ray-tracing technology, which is the same tech leveraged in advanced video games to bridge virtual and physical worlds. A truly mobile-first experience, the configurator is deployed and streamed from the cloud. This enables the customer to choose between a number of interchangeable California-inspired backgrounds… Continue reading Lucid Motors Partners with ZeroLight to Reshape the Luxury Automotive Purchase Experience

ALYI To Feature Award Winning EV Design Team With More Than 200 Patentable Claims Tomorrow

DALLAS, Sept. 10, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed its award winning design team with over 200 patentable claims will be introduced tomorrow, Friday, September 11, 2020 to feature ALYI’s future electric vehicle design momentum stemming from lessons learned through work on ALYI’s Rideshare ReVolt Electric Motorcycle designed to augment the… Continue reading ALYI To Feature Award Winning EV Design Team With More Than 200 Patentable Claims Tomorrow

Quanergy and SAIMOS Partner to Offer Integrated AI-based LiDAR, Video Analytics and Geographic Information System Solutions 

SUNNYVALE, Calif.–(BUSINESS WIRE)– #3Dlidarintegrationwithgentec–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today announced a partnership with SAIMOS® (Situational Awareness, Infrastructure Management & Operation’s Security), an Austrian software development company that offers AI-based video analytics and Geographic System Information (GIS) solutions. The jointly developed solutions combine Quanergy’s… Continue reading Quanergy and SAIMOS Partner to Offer Integrated AI-based LiDAR, Video Analytics and Geographic Information System Solutions 

Goodyear Increases Transparency, Progresses Toward Goals In Annual Corporate Responsibility Report

AKRON, Ohio, Sept. 10, 2020 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) released its annual report on corporate responsibility performance. The report summarizes the company’s actions in 2019 that demonstrate Goodyear’s continued commitment to ethical and sustainable processes, materials and programs that can help people, communities and the environment. “As the world continues… Continue reading Goodyear Increases Transparency, Progresses Toward Goals In Annual Corporate Responsibility Report

The Shyft Group Expands Florida Manufacturing Footprint To Meet Growing Demand For First Responder Vehicle Upfits

Once complete, the flexible manufacturing facility will bring The Shyft Group’s Florida-based regional manufacturing and distribution footprint to more than 50,000 square feet, immediately expanding the brand’s upfit capacity and retail sales capabilities. “Strobes-R-Us has been a leading supplier of upfit and lighting solutions for federal, state, and local government agencies for decades from its… Continue reading The Shyft Group Expands Florida Manufacturing Footprint To Meet Growing Demand For First Responder Vehicle Upfits

Dana to Strengthen Global Electrification Capabilities through Production of e-Drive Technologies in Pune, India

MAUMEE, Ohio, Sept. 10, 2020 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced plans for a 4,600 square-meter (50,000 square-foot) facility in Pune, India, that will produce Dana TM4™ low- to high-voltage electric motors, inverters, and vehicle control units. Dana TM4 is a joint venture between Dana Incorporated and Hydro-Québec, Canada’s largest electricity producer and one… Continue reading Dana to Strengthen Global Electrification Capabilities through Production of e-Drive Technologies in Pune, India