STOCKHOLM, April 19, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), is proud supplier of critical building blocks in the Mercedes EQS, the electric sedan equipped to offer hands-off self-driving tech. Mercedes EQS Drive Pilot system is an example of collaborative driving; the car can take control under… Continue reading Veoneer radar and stereovision in Mercedes EQS hands-off self-driving tech
Category: Newswire
World NM: Hyundai to Build Future Car R&D Center in Shanghai001117
Hyundai will set up a future car research center in Shanghai in a bid to boost flagging sales in the world’s largest market. The automotive group wants to bolster research and development in China as well as increasing its lineup of electric cars and hydrogen vehicles there. Kia will also launch its first electric car,… Continue reading World NM: Hyundai to Build Future Car R&D Center in Shanghai001117
World NM: Ssangyong Goes Back into Receivership001116
Ssangyong has gone back into court receivership 10 years after the perpetually troubled SUV maker last emerged from hospital thanks to India’s Mahindra. If the court decides to auction off Ssangyong, U.S. car retailer HAAH Automotive Holdings is still expected to be on board. HAAH had promised not to lay off any staff and double… Continue reading World NM: Ssangyong Goes Back into Receivership001116
Karma Automotive Celebrates Initial Production Run Of 2021 GS-6 Luxury Sedan With Three Custom Design Themes
These GS-6 sedans pay homage to the state of California, where Karma’s vehicles are designed and produced. The customized vehicles highlight Karma’s new brand positioning and pricing model – one that will provide personalized vehicle options as the company expands its lineup to include the GS-6 Series, the Revero GT® and future product offerings yet… Continue reading Karma Automotive Celebrates Initial Production Run Of 2021 GS-6 Luxury Sedan With Three Custom Design Themes
GM and LG Energy Solution Investing $2.3 Billion in 2nd Ultium Cells Manufacturing Plant in U.S.
NASHVILLE, Tenn., April 16, 2021 /PRNewswire/ — 2.8 million square-foot facility in Spring Hill, Tennessee, will create 1,300 new manufacturing jobs New plant will significantly increase GM’s ability to lead in the production of batteries at scale Leading Ultium battery technology is at the heart of GM’s EV strategy Ultium Cells LLC, a joint venture… Continue reading GM and LG Energy Solution Investing $2.3 Billion in 2nd Ultium Cells Manufacturing Plant in U.S.
Martinrea International Inc. Announces Joint Venture With NanoXplore to Develop Electric Vehicle Batteries Enhanced With Graphene
TORONTO, April 15, 2021 (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, is pleased to announce its joint venture, VoltaXplore Inc., with graphene producer NanoXplore Inc. to develop electric vehicle (EV) batteries… Continue reading Martinrea International Inc. Announces Joint Venture With NanoXplore to Develop Electric Vehicle Batteries Enhanced With Graphene
Hyundai Unveils Segment-Shattering Santa Cruz Sport Adventure Vehicle
“Santa Cruz, with its bold styling, breaks open all new segment territory, both for Hyundai and the industry as a whole. Open-bed flexibility coupled with closed-cabin security meets the changing everyday needs of its adventure-oriented buyers, while powerful and efficient engines and superb maneuverability ensure it is a pleasure to drive in urban or off-road… Continue reading Hyundai Unveils Segment-Shattering Santa Cruz Sport Adventure Vehicle
Alpha Motor Corporation Releases WOLF+™ (Wolf Plus), The Latest Innovation In Alpha Motor Corporation’s Pure Electric Truck Series
IRVINE, Calif., April 15, 2021 /PRNewswire/ — Alpha Motor Corporation has just unveiled the new WOLF+™ (pronounced “wolf plus”), the automotive company’s next pure electric pickup truck built on a shared platform that powers the preceding WOLF™. The Alpha WOLF+™ Electric Truck launch can be viewed at https://youtu.be/xXU9ZhXbWHk. Tweet this WOLF+™ puts an additional emphasis on… Continue reading Alpha Motor Corporation Releases WOLF+™ (Wolf Plus), The Latest Innovation In Alpha Motor Corporation’s Pure Electric Truck Series
Senmiao Technology Announces Cooperation with Hefei Cheyun to Launch Ride-Hailing Business in Hefei, China
CHENGDU, China, April 15, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a joint operation agreement with Hefei Cheyun Information Technology Co., Ltd. (“Hefei Cheyun”), an… Continue reading Senmiao Technology Announces Cooperation with Hefei Cheyun to Launch Ride-Hailing Business in Hefei, China
World NM: SsangYong Motor again under court receivership, creditors aim to find new investor001107
SsangYong Motor Co. was placed under court receivership once again Thursday as its Indian parent Mahindra & Mahindra Ltd. has failed to attract an investor amid the prolonged COVID-19 pandemic and its financial status is further worsening. The Seoul Bankruptcy Court approved the debt-rescheduling process for SsangYong Motor as U.S. vehicle importer HAAH Automotive Holdings… Continue reading World NM: SsangYong Motor again under court receivership, creditors aim to find new investor001107