Cloud Theory’s Inventory Efficiency Index Shows Kia Leading, But Three Other Brands Are Fighting for the National Leadership Spot

Cloud Theory reports national and regional rankings for the automotive industry. Kia has regained its lead, but Toyota, Lexus, and Honda are fighting for supremacy. GRAND RAPIDS, Mich., June 7, 2023 /PRNewswire/ — Cloud Theory, the innovative automotive data insights provider, has announced its May findings of national and regional Inventory Efficiency Index rankings in… Continue reading Cloud Theory’s Inventory Efficiency Index Shows Kia Leading, But Three Other Brands Are Fighting for the National Leadership Spot

New York City sues Hyundai, Kia over vehicle thefts

NEW YORK (Reuters) — New York City on Tuesday sued Hyundai Motor and Kia, accusing the South Korean automakers of negligence and creating a public nuisance by selling vehicles that are too easy to steal. The most populous U.S. city joined several other major cities that have sued Hyundai and Kia over the thefts, including… Continue reading New York City sues Hyundai, Kia over vehicle thefts

FLO and Nissan Canada Announce New Initiatives to Boost EV Adoption

FLO HomeTM charging units to be available for purchase at Nissan dealer locations $150 charging credit for customers purchasing a new Nissan Leaf or ARIYA with a Nissan EV Care protection package QUEBEC CITY, June 7, 2023 /PRNewswire/ – FLO®, a leading North American electric vehicle (EV) charging company and a smart charging solutions provider,… Continue reading FLO and Nissan Canada Announce New Initiatives to Boost EV Adoption

Space Auto Secures Series A Funding

Space Auto, a Dallas, TX-based provider of integrated software and marketing solution for car dealerships, raised an undisclosed amount in Series A funding. The round saw participation from John Paul DeJoria, John Paul DeJoria is co-founder of Paul Mitchell, founder of Patrón Tequila, and founder of John Paul Pet. In addition to investing in Space Auto,… Continue reading Space Auto Secures Series A Funding

@BMW: BMW M Motorsport News, 6th June 2023002759

Björn Lellmann, Head of Customer Racing at BMW M Motorsport: “Last weekend, BMW M Motorsport teams were in action in Europe, Asia and North America. The biggest success was the win for BMW M Team Studie with the BMW M4 GT3 in the GT300 class of the Japanese Super GT Championship. I would like to… Continue reading @BMW: BMW M Motorsport News, 6th June 2023002759

Haiqu Raises $4M in Pre-Seed Funding

Haiqu, a San Francisco, CA-based startup building software for quantum processors, raised $4M in Pre-Seed funding. The round was led by MaC Venture Capital, with participation from Toyota Ventures, SOMA capital, u.ventures, SID Venture Partners, and Roosh Ventures. Other investors included Paul Holland, Alexi Kirilenko, and Gordy Holterman. The company intends to use the funds to drive its… Continue reading Haiqu Raises $4M in Pre-Seed Funding

ZKW desarrolla y fabrica una luz digital inteligente para el Polestar 3

El sistema de iluminación inteligente ofrece diferentes distribuciones de luz y una luz de carretera antideslumbrante WIESELBURG, Austria, 6 de junio de 2023 /PRNewswire/ — El nuevo Polestar 3 totalmente eléctrico destaca por su diseño minimalista y futurista. Entre los aspectos tecnológicos más destacados del SUV eléctrico se encuentran los faros LED HD, desarrollados y… Continue reading ZKW desarrolla y fabrica una luz digital inteligente para el Polestar 3

ZKW develops and manufactures smart digital light for Polestar 3

Intelligent light system offers different light distributions and glare-free high beam WIESELBURG, Austria, June 6, 2023 /PRNewswire/ — The new all-electric Polestar 3 stands out with its minimalist, futuristic design. The technological highlights of the electric SUV include the HD LED headlights, which are developed and manufactured by lighting systems specialist ZKW. The 1.3-megapixel modules… Continue reading ZKW develops and manufactures smart digital light for Polestar 3

Ford Reports $1.8 Billion Profit in Quarter

Ford Motor reported a solid profit in the first quarter, although the automaker indicated that its turnaround was not complete and that it had a ways to go before it starts making money on electric vehicles. On Tuesday, the company said it made $1.8 billion in profit in the first three months of 2023 as… Continue reading Ford Reports $1.8 Billion Profit in Quarter

Amogy Increases Series B Round to $150M

After announcing $139M from its B-1 in March, Amogy closes its B-2 raise with $11M extra – concluding its $150M total Series B fundraising BROOKLYN, N.Y., June 5, 2023 /PRNewswire/ — Amogy Inc., a pioneer of emission-free, energy-dense ammonia power solutions, today announced its $11M Series B-2 fundraising, joined by Marunouchi Climate Tech Growth Fund,… Continue reading Amogy Increases Series B Round to $150M