Lyten Introduces Next Generation Lithium-Sulfur Battery for Electric Vehicles

The Lyten 3D Graphene®-based Li-S architecture has the potential to reach a gravimetric energy density of 900 Wh/kg, which will significantly outperform both conventional lithium-ion and solid state batteries. Lyten Sulfur Caging™ is the technology used in LytCell™ batteries to unlock the performance potential of sulfur by arresting the ‘poly-sulfide shuttle,’ a cycle-life compromising factor… Continue reading Lyten Introduces Next Generation Lithium-Sulfur Battery for Electric Vehicles

Ultium Cells Selects Honeywell Quality Control System For State-Of-The-Art Lithium-Ion Battery Production Plant

HOUSTON, Sept. 22, 2021 /PRNewswire/ — Honeywell (NASDAQ: HON) today announced that Ultium Cells LLC, a joint venture between LG Energy Solution and General Motors (GM), will use Honeywell’s Quality Control System (QCS) to ensure the quality and integrity of the lithium-ion batteries produced at its new manufacturing plant in Lordstown, Ohio. Due to be completed… Continue reading Ultium Cells Selects Honeywell Quality Control System For State-Of-The-Art Lithium-Ion Battery Production Plant

Goodyear Opts For Renewable Energy In European And Turkish Plants

BRUSSELS, Sept. 22, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced it will adopt 100% renewable energy at its Goodyear plants across Europe and Turkey* in the first of a multiple-phase plan to procure 100% renewable energy in all its facilities across Europe, Middle East and Africa by the end of… Continue reading Goodyear Opts For Renewable Energy In European And Turkish Plants

Goodyear Announces Pricing Of €400 million European Senior Notes

AKRON, Ohio, Sept. 22, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (“Goodyear”) today announced that its European subsidiary, Goodyear Europe B.V. (“GEBV”), has priced its private offering to eligible purchasers of €400 million aggregate principal amount of senior notes due 2028 (the “notes”).  The notes will be senior unsecured obligations of GEBV and will… Continue reading Goodyear Announces Pricing Of €400 million European Senior Notes

Lear Signs Agreement for Joint Venture with Hu Lane for Connector Products

SOUTHFIELD, Mich., Sept. 22, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has signed a definitive agreement for a joint venture with Hu Lane Associate Inc. (TPEX: 6279), a listed company on the Taipei stock market and a manufacturer of world-class automotive connector products.… Continue reading Lear Signs Agreement for Joint Venture with Hu Lane for Connector Products

Warehouse robotics startup HAI ROBOTICS secures $200M funding

The C round funding was led by 5Y Capital with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International and Scheme Capital. The D round funding, the third capital infusion for the company in 2021, was led by Capital Today with some existing investors, including Sequoia Capital China, 5Y Capital, Source Code Capital,… Continue reading Warehouse robotics startup HAI ROBOTICS secures $200M funding

Kensington Capital Acquisition Corp. II and Wallbox Announce September 30, 2021 Special Meeting to Approve Business Combination

Kensington and Wallbox filed a proxy statement/prospectus (the “Proxy Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) and began mailing it to stockholders on September 20, 2021.  The Proxy Statement is available on the SEC Filings section of Kensington’s website www.autospac.com, as well as www.sec.gov.  Kensington stockholders are encouraged to read the proxy… Continue reading Kensington Capital Acquisition Corp. II and Wallbox Announce September 30, 2021 Special Meeting to Approve Business Combination

Local Motors continues growth as Vikrant Aggarwal becomes Chief Executive Officer

CHANDLER, Ariz., Sept. 21, 2021 /PRNewswire/ — Local Motors announced today that President and COO, Vikrant Aggarwal, became the company’s Chief Executive Officer. The change comes as Local Motors has demonstrated market traction with global commercial deployments of Olli, its electric autonomous shuttle. Prior to joining Local Motors, Vikrant spent two decades at Cummins in a… Continue reading Local Motors continues growth as Vikrant Aggarwal becomes Chief Executive Officer

TI Fluid Systems Welcomes new CEO And Additions To The Executive Committee

AUBURN HILLS, Mich., Sept. 21, 2021 /PRNewswire/ — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, has announced three executive level appointments as Hans Dieltjens assumes the role of President and Chief Executive Officer on 1 October 2021. Hans will succeed William L. Kozyra, who will retire on 1 October… Continue reading TI Fluid Systems Welcomes new CEO And Additions To The Executive Committee

AutoNation Appoints Michael “Mike” Manley Chief Executive Officer and Director

FORT LAUDERDALE, Fla., Sept. 21, 2021 /PRNewswire/ — AutoNation, Inc. (NYSE: AN), America’s largest and most admired automotive retailer, today announced that it has appointed Mike Manley as Chief Executive Officer and as a member of its Board of Directors, effective November 1, 2021. Mike Jackson will retire from AutoNation on November 1, 2021, as Chief… Continue reading AutoNation Appoints Michael “Mike” Manley Chief Executive Officer and Director