Press Brakes Market size to increase by USD 520.8 million during 2022-2027, Increase in demand for CNC press brakes to drive the growth – Technavio

NEW YORK, Sept. 11, 2023 /PRNewswire/ — The press brakes market size is expected to grow by USD 520.8 million between 2022 and 2027. The growth momentum of the market will progress at a CAGR of 5.23% during the forecast period. The market is segmented by Application (Automotive industry, General machinery, Transportation equipment, Precision engineering, and Others),… Continue reading Press Brakes Market size to increase by USD 520.8 million during 2022-2027, Increase in demand for CNC press brakes to drive the growth – Technavio

In ‘shift,’ some car shoppers shun top-of-the-line models, analyst says. How to find an inexpensive new vehicle

Used car sales are soaring all over the U.S., and companies from Autonation to CarMax, Carvana and Buffalo, New York-based used car start-up ACV Auctions are benefitting. Patrick T. Fallon | Bloomberg | Getty Images During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers… Continue reading In ‘shift,’ some car shoppers shun top-of-the-line models, analyst says. How to find an inexpensive new vehicle

Smartville Debuts the Smartville 360™ Second-Life Battery System at RE+

 Nissan North America among first commercial customers to contract for Smartville 360™ BESS SAN DIEGO, Sept. 11, 2023 /PRNewswire/ — Smartville Inc., an EV battery-repurposing innovator, will unveil the Smartville 360™ Battery Energy Storage System (BESS) during the RE+ 2023 conference (booth #16012).  Continue Reading The Smartville 360™ BESS: a fully integrated, turnkey energy storage system.… Continue reading Smartville Debuts the Smartville 360™ Second-Life Battery System at RE+

Smartville Second-Life EV Battery Systems to Help Power Nissan North America

Launched today at RE+, the Smartville 360™ BESS will use retired Nissan LEAF® battery packs at Nissan’s Franklin, Tennessee headquarters   SAN DIEGO, Sept. 11, 2023 /PRNewswire/ — Smartville Inc., an EV battery-repurposing innovator, has been contracted to install a 500-kilowatt-hour battery energy storage system (BESS) at the Nissan North America headquarters in Franklin, Tenn. using second-life… Continue reading Smartville Second-Life EV Battery Systems to Help Power Nissan North America

Battery Recycling Market Size to Grow USD 66.6 Billion by 2030 at a CAGR of 19.5% | Valuates Reports

BANGALORE, India, Sept. 11, 2023 /PRNewswire/ — Battery Recycling Market is Segmented by Chemistry (Lead-Acid Based Battery, Lithium Based Battery, Nickel Based Battery, and Other Battery Types), Source (Industrial Batteries, Automotive Batteries, and Customer & Electronic Appliances Batteries), Application (Transportation, Consumer Electronics, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030. The global battery… Continue reading Battery Recycling Market Size to Grow USD 66.6 Billion by 2030 at a CAGR of 19.5% | Valuates Reports

2 questioned in Lebanon over former Nissan exec Ghosn’s 2019 escape

Beirut — Lebanese judicial authorities have questioned two people at the request of Turkey on suspicion of being involved in the 2019 escape of auto tycoon Carlos Ghosn from Japan to Lebanon via Istanbul, officials said Friday. The news came a week before a hearing in Lebanon as part of a $1 billion lawsuit that Ghosn, formerly the president… Continue reading 2 questioned in Lebanon over former Nissan exec Ghosn’s 2019 escape

Used Vehicle Supply Drops on Strong Sales

The average used-vehicle listing price began September lower than one month ago and was down 6% compared to August 2022. Graphic: Cox Automotive Used-vehicle inventory declined throughout August on stronger sales, according to the Cox Automotive analysis of vAuto Available Inventory data released Sept. 8. The total supply of unsold used vehicles on dealer lots… Continue reading Used Vehicle Supply Drops on Strong Sales

AutoCanada, Patrick Priestner and CanadaOne Auto Group Settle Outstanding Litigation

EDMONTON, AB, Sept. 8, 2023 /PRNewswire/ – AutoCanada Inc. (“AutoCanada” or the “Company”) (TSX: ACQ), a multi-location North American automobile dealership group, and CanadaOne Auto Group (“CanadaOne Auto”), a multi-location automobile dealership group operating dealerships across Canada, announced today that they have agreed to resolve the legal proceedings between AutoCanada, Patrick Priestner and CanadaOne Auto… Continue reading AutoCanada, Patrick Priestner and CanadaOne Auto Group Settle Outstanding Litigation

2 questioned in Lebanon over former Nissan exec Ghosn’s 2019 escape

Beirut — Lebanese judicial authorities have questioned two people at the request of Turkey on suspicion of being involved in the 2019 escape of auto tycoon Carlos Ghosn from Japan to Lebanon via Istanbul, officials said Friday. The news came a week before a hearing in Lebanon as part of a $1 billion lawsuit that Ghosn, formerly the president… Continue reading 2 questioned in Lebanon over former Nissan exec Ghosn’s 2019 escape

OJA: Mahindra’s global ticket for bigger farm play

In 2018-19, a team of 50 engineers from Mahindra’s Farm Equipment Business was assigned on a K2 project in Japan, almost three years after the company acquired a 33 percent stake in Mitsubishi Agriculture Machinery (MAM). The Indian R&D team, in partnership with MAM, had to develop a modern, versatile lightweight tractor architecture for Mahindra’s… Continue reading OJA: Mahindra’s global ticket for bigger farm play