NIO Inc. Provides May 2023 Delivery Update

NIO delivered 6,155 vehicles in May 2023 NIO started deliveries of All-New ES6 in late May 2023 NIO delivered 43,854 vehicles year-to-date in 2023, increasing by 15.8% year-over-year Cumulative deliveries of NIO vehicles reached 333,410 as of May 31, 2023 SHANGHAI, China, June 01, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX:… Continue reading NIO Inc. Provides May 2023 Delivery Update

NIO Inc. (NIO) Gains As Market Dips: What You Should Know

In the latest trading session, NIO Inc. (NIO) closed at $7.53, marking a +1.62% move from the previous day. This change outpaced the S&P 500’s 0.61% loss on the day. Meanwhile, the Dow lost 0.41%, and the Nasdaq, a tech-heavy index, added 10.45%. Coming into today, shares of the company had lost 0.54% in the… Continue reading NIO Inc. (NIO) Gains As Market Dips: What You Should Know

Can bigger batteries solve EV range anxiety?

Battery size is a big selling point for electric cars. But do larger batteries mean less range anxiety? Range anxiety — the fear of running out of charge while driving — is a common concern among electric vehicle (EV) drivers. But while larger batteries can certainly increase the range of electric cars, are they the… Continue reading Can bigger batteries solve EV range anxiety?

Magna Completes Acquisition of Veoneer Active Safety Business

Broadens Magna’s active safety portfolio Strengthens Magna’s global position as a top active safety supplier Increases scale of sensor, software and systems engineering capabilities AURORA, Ontario, June 01, 2023 (GLOBE NEWSWIRE) — Magna strengthens its active safety business with the completion of its acquisition of Veoneer Active Safety from SSW Partners. The deal, which closed… Continue reading Magna Completes Acquisition of Veoneer Active Safety Business

Aptiv to Present at the Evercore ISI Global Clean Energy & Transition Technologies Summit

DUBLIN, May 31, 2023 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, will present at the Evercore ISI Global Clean Energy & Transition Technologies Summit, June 15 at 11:00 a.m. Eastern Time. A simultaneous webcast will be available on the Aptiv Investor Relations website… Continue reading Aptiv to Present at the Evercore ISI Global Clean Energy & Transition Technologies Summit

Aptiv to Present at the Deutsche Bank Global Auto Industry Conference

DUBLIN, May 31, 2023 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, will present at the Deutsche Bank Global Auto Industry Conference, June 14 at 11:55 a.m. Eastern Time. A simultaneous webcast will be available on the Aptiv Investor Relations website at ir.aptiv.com. About… Continue reading Aptiv to Present at the Deutsche Bank Global Auto Industry Conference

The World’s Biggest Ad Agency Is Going All in on AI With NVIDIA Help

London CNN  —  WPP, the world’s largest advertising agency, has teamed up with chipmaker Nvidia to create ads using generative artificial intelligence. The companies announced the partnership Monday, with Nvidia (NVDA) CEO Jensen Huang unveiling WPP’s new content engine during a demo at Computex Taipei. “Generative AI is changing the world of marketing at incredible… Continue reading The World’s Biggest Ad Agency Is Going All in on AI With NVIDIA Help

Linamar Acquires 3 Battery Enclosures Factories Accelerating Electrification Evolution

GUELPH, ON, May 30, 2023 /CNW/ – Linamar Corporation (TSX: LNR) has reached a definitive agreement with Dura-Shiloh, a Middleground Capital portfolio company, to acquire its Battery Enclosures business for a total of $325M USD in all-cash consideration. The deal includes three factory locations in Alabama, US; Czechia; and North Macedonia. It is expected to… Continue reading Linamar Acquires 3 Battery Enclosures Factories Accelerating Electrification Evolution

GWM Expands Global Reach with TANK500 launched in UAE

BAODING, China, May 31, 2023 /PRNewswire/ — On May 29, GWM launched TANK500 in the United Arab Emirates (UAE) market. The launch event was held in Dubai, United Arab Emirates, attracting the attention and experience of a large number of GWM fans. GWM Expands Global Reach with TANK500 launched in UAE More than 140 guests… Continue reading GWM Expands Global Reach with TANK500 launched in UAE