Category: Newswire

Electrify America Announces $200 Million Additional Investment for Zero Emission Vehicle Infrastructure and Education in California; Reveals Long Beach-Wilmington Community as Second “Green City” Investment

LONG BEACH–WILMINGTON, Calif., May 4, 2021 /PRNewswire/ — Electrify America today announced its plan to invest $200 million in California Zero Emission Vehicle (ZEV) infrastructure and education programs over the next 30 months. This represents the third of four investment phases as part of its 10-year commitment of $800 million in the state. Additionally, the company… Continue reading Electrify America Announces $200 Million Additional Investment for Zero Emission Vehicle Infrastructure and Education in California; Reveals Long Beach-Wilmington Community as Second “Green City” Investment

Alcantara On Center Stage At Auto Shanghai 2021

SHANGHAI, May 4, 2021 /PRNewswire/ — SAIC Motor’s Roewe brand, Great Wall Motor, Peugeot, Zhiji Motor, Hongqi, BMW and other car makers featured Alcantara, the “Made In Italy” luxury material, on vehicle interiors on display at this year’s Shanghai auto show (April 21-28, 2021). SAIC’s Roewe group chose a special green edition of Alcantara® for its new… Continue reading Alcantara On Center Stage At Auto Shanghai 2021

Cummins Reports First Quarter 2021 Results

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2021. First quarter revenues of $6.1 billion increased 22 percent from the same quarter in 2020. Sales in North America increased 7 percent while international revenues increased 45 percent driven by strong demand across all global markets as well as new… Continue reading Cummins Reports First Quarter 2021 Results

Mazda informa los resultados de ventas de abril

IRVINE, California, 3 de mayo de 2021 /PRNewswire-HISPANIC PR WIRE/ — Mazda North American Operations (MNAO) informó hoy que el total de ventas de abril fue de 31,117 vehículos, lo que significa un aumento del 184.4 por ciento en comparación con abril de 2020. Las ventas del año a la fecha sumaron un total de 114,375 vehículos; un aumento… Continue reading Mazda informa los resultados de ventas de abril

Kongsberg Automotive CFO, Norbert Loers, will retire

Mon, May 03, 2021 07:25 CET Norbert Loers has decided to retire from his role as CFO of Kongsberg Automotive, effective July 29th, 2021. The Board and the CEO Joerg Buchheim thank him for his accomplishments and dedication during his tenure as CFO from January 2017, and for undertaking with outstanding professionalism and commitment the… Continue reading Kongsberg Automotive CFO, Norbert Loers, will retire

Verra Mobility Provides Business Update

MESA, Ariz., May 3, 2021 /PRNewswire/ — Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announces that it has received authorization to proceed with an order for 720 additional school zone speed cameras for the New York City Department of Transportation (“NYCDOT”). This authorization is related to Mayor DeBlasio’s May 24, 2019 announcement regarding… Continue reading Verra Mobility Provides Business Update

BMW and Ford Invest in Solid Power to Secure All Solid-State Batteries for Future Electric Vehicles

The investment positions Solid Power to produce full-scale automotive batteries, increase associated material output and expand in-house production capabilities for future vehicle integration. The BMW Group and Ford aim to utilize Solid Power’s low-cost, high-energy all solid-state battery technology in forthcoming electric vehicles. “BMW and Ford now share leading positions in the race for all… Continue reading BMW and Ford Invest in Solid Power to Secure All Solid-State Batteries for Future Electric Vehicles

World NM: UAW Blasts General Motors Over $1 Billion Investment in Mexican Factory001173

Following the Great Auto Bailout, the U.S. Treasury sold GM stock with a $10.5-billion loss for taxpayers. This didn’t rub off well at all with the hard-working men and women of the United States, and neither does the $1 billion investment into the Ramos Arizpe assembly plant in Mexico. 7 photos The facility will be… Continue reading World NM: UAW Blasts General Motors Over $1 Billion Investment in Mexican Factory001173