Lear Reports Second Quarter 2022 Results

SOUTHFIELD, Mich., Aug. 2, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2022. Second Quarter 2022 Highlights Sales outperformed global industry production by six percentage points, reflecting growth over market in both Seating and E-Systems Sales increased 7% to $5.1… Continue reading Lear Reports Second Quarter 2022 Results

LION ELECTRIC APPOINTS NEW U.S. MARKETING AND TRUCK SALES EXECUTIVES, DOMINIK BECKMAN AND SYDNEY DUNN

MONTREAL, Aug. 2, 2022 /PRNewswire/ – The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”) a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced the addition of two executive positions in the U.S., naming Sydney Dunn as Vice President of Truck Sales, U.S. and Dominik Beckman as Vice President… Continue reading LION ELECTRIC APPOINTS NEW U.S. MARKETING AND TRUCK SALES EXECUTIVES, DOMINIK BECKMAN AND SYDNEY DUNN

Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2022 Results

Revenues of $3.6 billion, up 4% year-over-year Net Income of $172 million; Adjusted EBITDA of $366 million Diluted Earnings per Share of $1.24, or $1.59 on a non-GAAP basis Cash Flows from Operations of $40 million; Free Cash Flow of $19 million Net Bookings of $2.2 billion (book-to-bill ratio of 0.6); backlog of $34.7 billion… Continue reading Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2022 Results

Autonomous Train Market worth $12.3 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 2, 2022 /PRNewswire/ — The global Autonomous Train Market is estimated at USD 8.3 billion in 2022 and is projected to grow at a CAGR of 5.1% from 2022 to 2030, to reach USD 12.3 billion by 2030, according to a new report by MarketsandMarkets™. Asia Pacific is projected to lead the Autonomous Train Market… Continue reading Autonomous Train Market worth $12.3 billion by 2030 – Exclusive Report by MarketsandMarkets™

Solectrac Continues Growth with Two New Dealer Retail Partnerships Added to Its Nationwide Electric Tractor Sales Network

Dealers in Florida and Ohio have become part of Solectrac’s dealer network totaling seven dealers across the nation WINDSOR, Calif., Aug. 2, 2022 /PRNewswire/ — Solectrac, makers of electric tractors and an operating company of Ideanomics (NASDAQ: IDEX), today announced two new dealer partners in the continued expansion of its certified sales and dealer network.… Continue reading Solectrac Continues Growth with Two New Dealer Retail Partnerships Added to Its Nationwide Electric Tractor Sales Network

KIA AMERICA ANNOUNCES JULY SALES

Brand Continues to Capture Increased Share of Market in SUV, Electric and Hybrid Vehicle Segments IRVINE, Calif., Aug. 2, 2022 /PRNewswire/ — Led by the all-new Sportage SUV, Kia America today announced overall July sales of 62,449 units. Available in gas, hybrid and plug-in hybrid drivetrains, the Sportage SUV posted record July sales of 11,985… Continue reading KIA AMERICA ANNOUNCES JULY SALES

634AI signs agreement with Musashi Seimitsu to deploy 200 Autonomous Mobile Robots in manufacturing facilities worldwide

634AI’s MAESTRO, an AI-enabled autonomous mobile robot management platform will be responsible for managing 200 AMRs also supplied by 634AI NEVE ILAN, Israel and TOYOHASHI, Japan, Aug. 2, 2022 /PRNewswire/ — 634AI, the Israeli developers of MAESTRO, an AI-enabled control tower for indoor mobility management, and Musashi Seimitsu, a global tier-1 auto part manufacturer, have signed… Continue reading 634AI signs agreement with Musashi Seimitsu to deploy 200 Autonomous Mobile Robots in manufacturing facilities worldwide

Fraugster boosts chargeback protection for travel merchants post pandemic

Sub: Chargeback Protection Solution handles/addresses new types of fraud in ticketing and travel  BERLIN, Aug. 2, 2022 /PRNewswire/ — Fraugster, an AI payment intelligence company, together with Worldline, a global leader in secure payments and trusted transactions, has confidently enabled travel merchants to weather the storm of the Covid-19 pandemic with its Chargeback Protection Solution. The… Continue reading Fraugster boosts chargeback protection for travel merchants post pandemic

Drover AI Secures $5.4M Series A Led by Vektor Partners to Scale its Innovative Applications of Computer Vision in Micromobility

Drover AI has pioneered the use of onboard computer vision and machine learning in the large and growing micromobility sector, enabling enhanced safety and regulatory compliance while also offering opportunities to explore added value from unique insights created by its data. Drover AI’s technology is the first company deployed at scale on over 5,000 shared… Continue reading Drover AI Secures $5.4M Series A Led by Vektor Partners to Scale its Innovative Applications of Computer Vision in Micromobility

Marine Mining Market to Advance at CAGR of 34.43% During 2022-2031: TMR Study

Rising demand for deep-ocean mineral deposits for meeting needs of metals in automotive industry presents massive avenues for firms in marine mining market; massive consumption of iron, magnetite, hematite, and copper underpins vast avenue Enormous demand for industrial chemicals in Asia Pacific spurring investments in marine mining; companies utilizing remotely operated vehicles (ROVs) for seafloor… Continue reading Marine Mining Market to Advance at CAGR of 34.43% During 2022-2031: TMR Study