@Hyundai: Hyundai Motor, Kia and Genesis Models Recognized at 2022 Newsweek Autos Awards

Three Hyundai Motor Group brands win eight total awards Six best product awards, and two overall brand awards received Newsweek Autos ranks vehicles on drive impressions, features and specifications Hyundai Motor, Kia and Genesis have won an array of accolades at the 2022 Newsweek Autos awards. The three Hyundai Motor Group brands earned eight awards… Continue reading @Hyundai: Hyundai Motor, Kia and Genesis Models Recognized at 2022 Newsweek Autos Awards

Next-generation GaN e-mobility technology; KYOCERA AVX Salzburg and VisIC Technologies expand their collaboration

NESS ZIONA, Israel and SALZBURG, Austria, Oct. 26, 2022 /PRNewswire/ — Combining KYOCERA AVX’s leadership in discrete and module packaging along with VisIC’s expertise in GaN power devices to offer cutting-edge products, including the highest efficiency power module for lead EV OEM and Tier 1 traction inverters. Continue Reading VisIC’s 2nd generation, lowest RDS (on)… Continue reading Next-generation GaN e-mobility technology; KYOCERA AVX Salzburg and VisIC Technologies expand their collaboration

Lotus Eletre to debut ECARX’s next-generation digital head unit

LONDON, Oct. 25, 2022 /PRNewswire/ — ECARX, a global mobility tech company, will debut its next-generation digital head unit (DHU) on the new Lotus Eletre Hyper-SUV. The platform includes ECARX’s first dual-chip system to enable server-level computing power for rapid processing, an immersive multi-screen user experience and capacity for continuous improvement over the lifetime of… Continue reading Lotus Eletre to debut ECARX’s next-generation digital head unit

Green and Intelligent: Zoomlion Exhibits New Aerial Platforms, Earthmoving and Forklift Products at bauma 2022

MUNICH, Oct. 25, 2022 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK) opened its exhibition at bauma 2022 in Munich, Germany, on October 24. With Vision Creates Future as its theme this year, Zoomlion is showcasing its recent major achievements in technology and product development, as well as its transformation in digitalisation,… Continue reading Green and Intelligent: Zoomlion Exhibits New Aerial Platforms, Earthmoving and Forklift Products at bauma 2022

Agricultural Tractors Market to Reach $97.8 Billion, Globally, by 2031: Allied Market Research

Increase in the adoption of precision farming, rapid development in agricultural activities, surge in demand for fuel-efficient tractors, rise in government support for agriculture, and growth in mechanization in agriculture activities are expected to drive the growth of the global agricultural tractors market. PORTLAND, Ore., Oct. 25, 2022 /PRNewswire/ — Allied Market Research published a… Continue reading Agricultural Tractors Market to Reach $97.8 Billion, Globally, by 2031: Allied Market Research

Hyundai Wins Three Categories in the 2022 Newsweek Autos Awards

Hyundai brand receives Best Brand for Your Buck Kona SUV awarded Best Small SUV Santa Cruz deemed Best Small Pickup FOUNTAIN VALLEY, Calif., Oct. 26, 2022 /PRNewswire/ — Hyundai was selected as the winner in three categories of the 2022 Newsweek Autos awards. Kona was awarded the Best Small SUV, Santa Cruz was deemed the Best Small… Continue reading Hyundai Wins Three Categories in the 2022 Newsweek Autos Awards

UL Solutions Acquires Kugler Maag Cie

NORTHBROOK, Ill., Oct. 26, 2022 /PRNewswire/ — UL Solutions, a global leader in applied safety science, today announced its acquisition of Kugler Maag Cie, a German-based provider of process excellence, assessment and training solutions that supports the automotive industry. Continue Reading Kugler Maag Cie expands the UL Solutions portfolio while allowing customers to accelerate the delivery… Continue reading UL Solutions Acquires Kugler Maag Cie

Hidden Hill Capital leads $300m funding in Geely-owned NEV brand Farizon Auto

Farizon Auto, a commercial new energy vehicle (NEV) brand owned by Chinese multinational automaker Geely, announced on Wednesday that it has raised over $300 million in a Series Pre-A round led by GLP’s private equity arm Hidden Hill Capital. Hangzhou-based Farizon Auto, which was launched in 2016 by Geely’s commercial vehicle subsidiary Zhejiang Geely New… Continue reading Hidden Hill Capital leads $300m funding in Geely-owned NEV brand Farizon Auto

Electric Vehicle Industry Gains Momentum as New Players Enter the EV Manufacturing Space

PALM BEACH, Fla., Oct. 26, 2022 /PRNewswire/ — FinancialNewsMedia.com News Commentary:   As the Electric Vehicle (EV) market grows over the coming years, NOW is the time for new entrants to enter into the manufacturing sector… new business opportunities that evolve as e-mobility grows. The automotive industry comprises a wide range of companies and organizations involved in… Continue reading Electric Vehicle Industry Gains Momentum as New Players Enter the EV Manufacturing Space

Georgica Auto Holdings welcomes Franchise Equity Partners as minority shareholder

Georgica Auto Holdings operates 23 automotive retail franchises across NY, NJ, and PA Franchise Equity Partners makes $70 million capital investment in Georgica Auto Holdings Agreement gives Georgica Auto Holdings access to FEP’s deep automotive and financial expertise Capital investment supports Georgica Auto Holdings strategic growth plan NEW YORK, Oct. 26, 2022 /PRNewswire/ — Georgica… Continue reading Georgica Auto Holdings welcomes Franchise Equity Partners as minority shareholder