LOS ANGELES, Feb. 17, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of Class 5 through Class 8 battery electric vehicles and powertrains, and provider of charging infrastructure and fleet management software, announced today it has entered into dealership agreements with MHC Xos, LLC (“MHC Xos”), a subsidiary of Murphy-Hoffman Company, LLC… Continue reading @niche: Xos, Inc. Announces Strategic Dealership Agreements with MHC001653
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@Ford: Building with Purpose: Ford Louisville Assembly Plant Earns EPA Pollution Prevention Award for Water Recycling Initiative
U.S. Environmental Protection Agency presents Ford Motor Company’s Louisville Assembly Plant with 2021 Pollution Protection Award The Award recognizes Louisville Assembly Plant’s significant achievements in water savings and recycling through newly implemented wastewater reuse initiative Ford has saved more than 12.5 billion gallons of water since 2000 through manufacturing conservation efforts with an aspiration to… Continue reading @Ford: Building with Purpose: Ford Louisville Assembly Plant Earns EPA Pollution Prevention Award for Water Recycling Initiative
BorgWarner (BWA) Electrification Efforts to Bolster Capabilities
BorgWarner Inc. BWA is poised to make great strides in the electrification space, as evidenced by its latest buyout deals and business wins. Here is a sneak peek into the company’s most recent noteworthy events. BWA to Acquire Santroll Light Vehicle eMotor Unit BorgWarner and Santroll Electric Auto and Santroll Automotive Components recently announced signing… Continue reading BorgWarner (BWA) Electrification Efforts to Bolster Capabilities
FAURECIA APTOIDE BRINGS LEADING COURSES ON BOARD, ALLOWING CAR OWNERS TO BOOK GOLF COURSES ON-THE-GO
LISBON, Portugal, Feb. 17, 2022 /PRNewswire/ — Faurecia Aptoide, the leading automotive App Store, is announcing its most recent partnership with Leading Courses, allowing car owners around the world to find and book golf courses on-the-go directly from their car’s infotainment system. Faurecia Aptoide is a joint venture between Faurecia, one of the world’s leading automotive… Continue reading FAURECIA APTOIDE BRINGS LEADING COURSES ON BOARD, ALLOWING CAR OWNERS TO BOOK GOLF COURSES ON-THE-GO
ATLAS REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS
Fourth quarter 2021 financial performance compared to fourth quarter 2020: Revenue growth of 18.1% to $428.2 million Net earnings of $142.3 million and Diluted EPS of $0.48 Adjusted EBITDA(1) growth of 18.8% to $283.5 million Adjusted diluted EPS(1) growth of 44.8% to $0.42 FFO per diluted share(1) growth of 14.3% to $0.72 Robust balance sheet… Continue reading ATLAS REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS
Tesla (TSLA) secures lithium supply from upcoming mine in Australia
Tesla (TSLA) has signed a contract to secure lithium supply from an upcoming mine in Australia developed by Liontown. The critical material to battery production is expected to start flowing in 2024. With the rise in popularity of electric vehicles, several critical materials to battery production, like nickel, lithium, and cobalt, are becoming bottlenecks in… Continue reading Tesla (TSLA) secures lithium supply from upcoming mine in Australia
Reimagining Modern Luxury: NVIDIA Announces Partnership with Jaguar Land Rover
Jaguar Land Rover and NVIDIA are redefining modern luxury, infusing intelligence into the customer experience. As part of its Reimagine strategy, Jaguar Land Rover announced today that it will develop its upcoming vehicles on the full-stack NVIDIA DRIVE Hyperion 8 platform, with DRIVE Orin delivering a wide spectrum of active safety, automated driving and parking… Continue reading Reimagining Modern Luxury: NVIDIA Announces Partnership with Jaguar Land Rover
Uber drivers get Wallbox charging stations at a discounted price
Following a pilot program, Uber and Wallbox are expanding their partnership nationwide. The partnership offers a discounted package to Uber drivers that includes a Wallbox Pulsar Plus charger, along with installation and financing options. The EV charging package will be rolled out in four geographical groups, and is scheduled to reach nationwide coverage (excluding Alaska)… Continue reading Uber drivers get Wallbox charging stations at a discounted price
Daimler Truck forms joint venture to deploy US commercial charging network
Daimler Truck North America, NextEra Energy Resources and BlackRock Renewable Power plan to form a joint venture to deploy a nationwide US charging network for medium- and heavy-duty battery-electric and fuel cell vehicles. Construction at the first sites is set to begin in 2023. Initial funding is expected to be around $650 million, divided equally… Continue reading Daimler Truck forms joint venture to deploy US commercial charging network
‘The global market space has immense opportunities for energy storage in the stationary space’
Energy storage is the hot-buzzword today but around five years ago, when the journey started, it was an untapped area. Offgrid Energy Labs, backed by Shell, Ankur Capital and APVC Singapore, is a deep-science-technology led startup founded out of IIT- Kanpur around four years ago. The company that has been honing this technology with a… Continue reading ‘The global market space has immense opportunities for energy storage in the stationary space’