DENVER, March 24, 2022 /PRNewswire/ — Gates Industrial Corporation plc (NYSE: GTES, “Gates” or the “Company”) announced today that certain selling stockholders affiliated with Blackstone Inc. have commenced a secondary offering of 5,000,000 of Gates’ ordinary shares. In connection with the offering, the selling stockholders intend to grant to the underwriter a 30-day option to purchase… Continue reading GATES ANNOUNCES SECONDARY OFFERING OF 5,000,000 ORDINARY SHARES
Category: Newswire
Foretellix and NVIDIA Deliver End-to-End Solution for ADAS/AV Development, Verification, and Validation
TEL AVIV, Israel, March 24, 2022 /PRNewswire/ — Pairing NVIDIA’s simulation tools with the Foretellix validation platform creates a best-in-class solution that reduces development costs and helps AV makers get to market faster, and improve the safety of ADAS and AV. ”Foretify is an industry leading tool for validation and verification. NVIDIA DRIVE Sim is a… Continue reading Foretellix and NVIDIA Deliver End-to-End Solution for ADAS/AV Development, Verification, and Validation
RENAULT GROUP: Renault industrial activities in Russia are suspended
PRESS RELEASE March 23rd, 2022 Renault industrial activities in Russia are suspended Boulogne-Billancourt, March 23rd, 2022 – The Board of Directors of Renault Group met today and approved the following items: Renault Group activities in its manufacturing plant in Moscow are suspended as of today. Regarding its stake in AVTOVAZ, Renault Group is assessing the… Continue reading RENAULT GROUP: Renault industrial activities in Russia are suspended
PayByPhone Announces New Global Leadership Structure As The Business Continues To Grow
Vancouver, BC, Canada, March 23, 2022 (GLOBE NEWSWIRE) — The new global structure focuses on supporting the company’s three key customer groups – clients, such as cities, universities, and parking operators; corporate, including fleets and businesses; and consumers, the drivers who use PayByPhone’s services. Three experienced PayByPhone leaders will be stepping up to lead each… Continue reading PayByPhone Announces New Global Leadership Structure As The Business Continues To Grow
PayByPhone’s 50 Million Global Users Can Now Park in Italy
Vancouver, BC, Canada, March 23, 2022 (GLOBE NEWSWIRE) — PayByPhone initially launched in Italy back in 2018 with availability only in Italy. With this month’s launch, the global PayByPhone app will provide Italian users access to locations outside of Italy, and PayByPhone’s more than 50 million global users will now have access to park in… Continue reading PayByPhone’s 50 Million Global Users Can Now Park in Italy
Lucid Expands Presence in Canada with Toronto Studio Opening; Expects Canadian Deliveries in Spring 2022; Collaborates with Electrify Canada
Lucid has collaborated with Electrify Canada to offer those who reserve a Lucid Air by June 30, 2022, two years of complimentary charging on the rapidly growing charging network. Designed to Combined Charging System (CCS) standards and compatible with any open DC fast charging station, the Lucid Air Grand Touring is capable of the fastest… Continue reading Lucid Expands Presence in Canada with Toronto Studio Opening; Expects Canadian Deliveries in Spring 2022; Collaborates with Electrify Canada
Daimler Truck significantly increases sales, revenue and net profit in 2021, on track to achieve financial ambitions
Clear focus on overall profitability Despite headwinds: Daimler Truck achieved financial targets for 2021 Significant increase in unit sales, revenue and net profit due to recovery in most important markets and progress in cost reduction measures Supply constraints slowed further growth in 2nd half of 2021 Strong demand environment: Incoming orders on a high level,… Continue reading Daimler Truck significantly increases sales, revenue and net profit in 2021, on track to achieve financial ambitions
ADVANCED BATTERY CONCEPTS’ ENERGY STORAGE SYSTEMS FOR KILOWS, INC ULTRAFAST ELECTRIC VEHICLE CHARGING LOCATIONS AGREEMENT ANNOUNCED TODAY
CLARE, Mich., March 23, 2022 /PRNewswire/ — Advanced Battery Concepts, LLC and Kilows, Inc. announced they have signed a Memorandum of Understanding whereby ABC will initially supply up to 20,000 of its proprietary GreenSeal® storage batteries to Kilows for its ultrafast Electric Vehicle (EV) charging plugs at up to 5,000 planned locations. Demand is growing rapidly… Continue reading ADVANCED BATTERY CONCEPTS’ ENERGY STORAGE SYSTEMS FOR KILOWS, INC ULTRAFAST ELECTRIC VEHICLE CHARGING LOCATIONS AGREEMENT ANNOUNCED TODAY
Navistar Celebrates Grand Opening of its Benchmark San Antonio Manufacturing Plant
“The choices we make today will take Navistar to a new level of impact in the transportation industry. That’s why we are laying the foundation for the future in this plant, because the future begins with the decisions and investments we make today,” said Mark Hernandez, executive vice president, Global Manufacturing and Supply Chain. “The… Continue reading Navistar Celebrates Grand Opening of its Benchmark San Antonio Manufacturing Plant
Alcantara Offers Customized Upholstery for Two Lamborghini Models
MILAN, March 23, 2022 /PRNewswire/ — The highly customized interiors of Lamborghini’s Aventador Ultimae and Huracàn STO were showcased at a recent VIP reception hosted by Alcantara at Milan’s Spazio Manin. The limited edition Aventador Ultimae features laser-treated Alcantara® with the Y pattern shown here. Alcantara dresses the seating, dashboards and doors of both cars. “We… Continue reading Alcantara Offers Customized Upholstery for Two Lamborghini Models