MESA, Ariz., May 4, 2022 /PRNewswire/ — Atlis Motor Vehicles (ATLIS), a mobility technology company, announced plans to submit an S-1 format Form 1-A and Nasdaq Global Market application in anticipation of a public listing on the stock market. The ticker symbol “AMV” has been reserved by ATLIS on Nasdaq. Upon public listing, anticipated to… Continue reading ATLIS MOTOR VEHICLES TO LIST ON NASDAQ
Category: Newswire
BorgWarner to Provide eMotors for Leading EV Brand in China
BorgWarner’s high-voltage hairpin eMotors to be used in the Chinese brand’s second-generation 800V propulsion system platform Delivers higher efficiency, power and torque density Expected to strengthen BorgWarner’s leadership in electric propulsion systems AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, has… Continue reading BorgWarner to Provide eMotors for Leading EV Brand in China
BorgWarner to Provide Dual Inverter for a Leading Chinese OEM, Further Expanding Its Hybrid System Applications
Partnership demonstrates BorgWarner’s continued leadership in inverter technology for the dedicated hybrid transmission (DHT) segment in China and beyond Technology delivers multi-functionality, cost and weight reduction, flexible packaging and easy installation Dual inverters provide dynamic operating range with enhanced efficiency for greater fuel economy AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner, a global leader… Continue reading BorgWarner to Provide Dual Inverter for a Leading Chinese OEM, Further Expanding Its Hybrid System Applications
BorgWarner Secures Business Win for Battery Management System
Flexible battery management system aids in weight savings and vehicle range goals Individual cell balancing optimizes battery pack performance, safety and lifespan B- and C-segment cars as well as light commercial vehicles to be equipped beginning in 2023 AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner’s battery management system (BMS) has been selected by… Continue reading BorgWarner Secures Business Win for Battery Management System
BORGWARNER ANNOUNCES MULTIPLE ELECTRIFICATION AWARDS AND REPORTS FIRST QUARTER RESULTS
AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) today reported first quarter results. New Program Awards and Charging Forward Highlights: BorgWarner announced the first OEM business win for the Company’s flexible battery management system (BMS) technology. The Company’s BMS has been selected by a leading global vehicle manufacturer to equip all… Continue reading BORGWARNER ANNOUNCES MULTIPLE ELECTRIFICATION AWARDS AND REPORTS FIRST QUARTER RESULTS
Porsche AG Takes the Lead in Group14 Technologies’ $400M Raise to Accelerate Global Production of Lithium-Silicon Battery Materials
Group14’s Series C supports Porsche AG to electrify its models and meet the demand of the global EV market Diverse set of institutional investors back the latest fundraising, including OMERS Capital Markets, Decarbonization Partners (a partnership between Temasek and BlackRock), Riverstone Holdings LLC, Vsquared Ventures and Moore Strategic Ventures complementing battery industry strategics Porsche subsidiary,… Continue reading Porsche AG Takes the Lead in Group14 Technologies’ $400M Raise to Accelerate Global Production of Lithium-Silicon Battery Materials
LION ELECTRIC ANNOUNCES FIRST QUARTER 2022 RESULTS
MONTREAL, May 3, 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 its financial and operating results for the first quarter of fiscal year 2022, which ended on March 31, 2022. Lion reports its results in US dollars… Continue reading LION ELECTRIC ANNOUNCES FIRST QUARTER 2022 RESULTS
Volkswagen Supplier Innovates Rubber Gasket Inspection Machines in Mexico
Morgan Polymer Seals’ vision inspection technology ensures the safety of high-volume OEM filter plates delivered to Europe and Asia SAN DIEGO, May 3, 2022 /PRNewswire/ — Morgan Polymer Seals announced today the innovation of its in-house vision inspection technology for a Volkswagen filter plate seal used in a vehicle’s Transmission Electro-Hydraulic Control Module (TECHM). Dubbed… Continue reading Volkswagen Supplier Innovates Rubber Gasket Inspection Machines in Mexico
SUBARU OF AMERICA, INC. REPORTS APRIL SALES RESULTS
“Our retailers deserve our heartfelt gratitude for making April the best month of 2022 so far, despite the continued supply chain challenges,” said Thomas J. Doll, President and CEO of Subaru of America, Inc. “Our retailer’s attitude to delivering the Subaru Experience to our customers is what sets our brand apart from other automotive manufacturers.”… Continue reading SUBARU OF AMERICA, INC. REPORTS APRIL SALES RESULTS
Cummins Reports First Quarter 2022 Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2022. First quarter revenues of $6.4 billion increased 5 percent from the same quarter in 2021. Sales in North America increased 12 percent while international revenues decreased 3 percent, driven primarily by a slowdown in China. “Demand for our products remains… Continue reading Cummins Reports First Quarter 2022 Results