INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that it has signed an asset purchase agreement to acquire the transmission portfolio of India-based AVTEC Ltd.’s off-highway business… Continue reading Allison Transmission Signs Agreement to Acquire India-Based AVTEC’s Off-Highway Transmission Portfolio and Off-Highway Component Machining Business
Category: Newswire
Lucid Air Officially EPA-Rated at 520 Miles of Range
One of two distinct versions of the Lucid Air Dream Edition, the Dream Edition Range embodies Lucid’s exacting focus on maximizing efficiency, achieving 520 miles of range while still delivering 933 horsepower. It sits alongside the 1,111 horsepower Lucid Air Dream Edition Performance and the 800 horsepower Grand Touring versions, which have also now received… Continue reading Lucid Air Officially EPA-Rated at 520 Miles of Range
Autohome Investor Day: Strategic Upgrading of Auto Eco Fosters New Growth
BEIJING, Sept. 16, 2021 /PRNewswire/ — Autohome Inc. (2518.HK/ATHM.US) held its Investor Day 2021 in Beijing on September 15, 2021. Investors and analysts from Morgan Stanley, Credit Suisse, CITIC Securities, China Securities, Harvest Fund and other well-known international and domestic investment institutions, as well as journalists from various financial and economic media outlets, participated in… Continue reading Autohome Investor Day: Strategic Upgrading of Auto Eco Fosters New Growth
Europa Wire: New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021000148
New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021 The partnership between the global commercial vehicles manufacturer and the US-based group specializing in zero-emission Class 8 heavy-duty trucks and related energy solutions is about to begin its manufacturing journey in Ulm,… Continue reading Europa Wire: New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021000148
Kongsberg Automotive wins contract worth EUR 20 million estimated lifetime revenue
Wed, Sep 15, 2021 07:58 CET Kongsberg Automotive’s Fluid Transfer Systems (FTS) is pleased to announce the renewal of its relationship with one of the world’s leading suppliers of fuel transfer systems. FTS has won incremental business and secured an extension contract estimated annualized revenue of EUR 4 million, and estimated lifetime revenue worth EUR… Continue reading Kongsberg Automotive wins contract worth EUR 20 million estimated lifetime revenue
World NM: MINI Delivers One-Millionth Car Sold in the United Kingdom001576
Long before the MINI became its own thing with uppercase letters, the British Motor Corporation introduced the original in 1959. Masterminded by legendary designer and engineer Alec Issigonis, the Mini soldiered on with many improvements and variations until the year 2000. During this period, no fewer than 5,387,862 examples of th… (continue reading…) Go to… Continue reading World NM: MINI Delivers One-Millionth Car Sold in the United Kingdom001576
Bridgestone Makes Strategic Investment in Wrench Mobile Vehicle Services and Technology Company
The partnership paves the way for Bridgestone and Seattle-based Wrench to explore synergies in their service offerings, including pairing Bridgestone’s 2,200+ company-owned automotive service stores with Wrench’s complementary mobile services marketplace. Offerings currently available through the Wrench platform include on-site automotive maintenance, access to roadside and towing, vehicle detailing, and the Lemon Squad used-vehicle inspection… Continue reading Bridgestone Makes Strategic Investment in Wrench Mobile Vehicle Services and Technology Company
IVECO and Nikola sign MoU with Hamburg Port Authority for Zero-Emission Class 8 Battery-Electric Trucks
The first phase involves testing of the Nikola Tre BEVs at the port for transport and logistics operations together with high-performance charging solutions. A more definitive second phase in the project partnership plans to see the full integration of the BEV vehicles in port operations, installation of charging infrastructure and on-site service support including major… Continue reading IVECO and Nikola sign MoU with Hamburg Port Authority for Zero-Emission Class 8 Battery-Electric Trucks
GWM Debuts Its New Coupe SUV – HAVAL H6S with Many Highlights
Based on HAVAL H6’s technical accumulation over the past ten years and GWM’s “customer-centered” philosophy, HAVAL H6S not only inherits GWM’s innovation in interior and exterior design, but also has been upgraded in the smart cockpit, power performance and control system. HAVAL H6S is equipped with Coffee Intelligent’s cockpit system GC-OS. With the help of… Continue reading GWM Debuts Its New Coupe SUV – HAVAL H6S with Many Highlights
Industrial Tech Acquisitions, Inc. and Arbe Robotics Ltd. Announce Special Meeting Date for Proposed Business Combination
TEL AVIV, Israel and HOUSTON, Texas, Sept. 14, 2021 /PRNewswire/ — Arbe Robotics Ltd. (“Arbe”), a global leader in next-generation 4D Imaging Radar Solutions, and Industrial Tech Acquisitions, Inc. (“ITAC”) (NASDAQ: ITAC), a publicly traded special purpose acquisition company, today announced that ITAC has scheduled a special meeting of its stockholders that will be held virtually on October 5, 2021, at 10:00… Continue reading Industrial Tech Acquisitions, Inc. and Arbe Robotics Ltd. Announce Special Meeting Date for Proposed Business Combination