PortAventura World and Endesa X Way develop one of the largest EV charging hubs at a European resort

Thanks to the alliance between the two companies, a total of 150 charging stations will be set up in various locations throughout the resort and will be offered to visitors and employees free of charge The project is in line with the company’s ambitious environmental commitments, which apply to all its activities and focus on… Continue reading PortAventura World and Endesa X Way develop one of the largest EV charging hubs at a European resort

Xeal Partners with Harrison Street to Deploy More Than 300 EV Charging Stations at Properties Across California, Massachusetts, Texas, & Virginia

NEW YORK, Aug. 4, 2022 /PRNewswire/ — Xeal, a leading provider of Electric Vehicle (EV) charging stations and smarter technology for the multifamily industry, and Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced a partnership under which Xeal will install more than 300 EV charging stations… Continue reading Xeal Partners with Harrison Street to Deploy More Than 300 EV Charging Stations at Properties Across California, Massachusetts, Texas, & Virginia

Aptiv Reports Second Quarter 2022 Financial Results

Record Bookings and Robust Revenue Growth Despite Difficult Macro Environment DUBLIN, Aug. 4, 2022 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported a second quarter 2022 U.S. GAAP loss of $0.23 per diluted share. Excluding special items, second quarter earnings totaled $0.22… Continue reading Aptiv Reports Second Quarter 2022 Financial Results

Hyundai, Genesis and Kia Sweep Red Dot Awards: Brand & Communications Design 2022

Honors include two ‘Best of Best’ and six ‘Winner’ awards Award-winning categories include Fair Stands, Brand Stores, Showrooms, Exhibition Design, User Interface and Corporate Design Guides Honors reflect Hyundai, Genesis and Kia’s efforts to demonstrate brand values through design and provide unique experiences for customers SEOUL, South Korea, Aug. 4, 2022 /PRNewswire/ — Hyundai Motor,… Continue reading Hyundai, Genesis and Kia Sweep Red Dot Awards: Brand & Communications Design 2022

Global Revenues for Intelligent Speed Assistance and Autonomous Vehicle Maps Will Surpass US$500 Million by 2027

Intelligent Speed Assistance will kickstart a new era for automotive digital maps LONDON, Aug. 4, 2022 /PRNewswire/ — Over 47 million vehicles in circulation by 2027 will rely on digital maps to underpin active safety or autonomous driving applications, according to ABI Research, a global technology intelligence firm. Applications such as lane centering, localization, and… Continue reading Global Revenues for Intelligent Speed Assistance and Autonomous Vehicle Maps Will Surpass US$500 Million by 2027

Jaguar Land Rover opens EMC lab to test next-gen EVs

Jaguar Land Rover has taken another step towards a new era of electrification and connectivity by opening a facility to test the next generation of vehicles for electrical and radio interference. The Electromagnetic Compatibility (EMC) laboratory at Gaydon in the UK, will ensure future vehicles meet current and future legislation and quality standards for connectivity… Continue reading Jaguar Land Rover opens EMC lab to test next-gen EVs

BMW aims to slash factory emissions to offset CO2 of EV production

Open gallery Electric cars like the BMW iX increase manufacturing carbon footprint by 40% BMW is committed to EVs and aims to be net-zero carbon by 2050 A BMW i4 heading into the RDZ (Recycling and Dismantling Centre) Thomas Becker, head of sustainability and mobility, BMW BMW solar field at its Shenyang R&D facility Draining… Continue reading BMW aims to slash factory emissions to offset CO2 of EV production

Toyota-backed robotaxi unicorn Pony.ai sues ex-employees over trade secrets

Pony.ai, a Chinese autonomous vehicle company valued at $8.5 billion as of late, has sued two former employees over alleged trade secret infringement. The lawsuit is arriving months after Frank (Zhenhao) Pan and Youhan Sun, two former technical leaders at Pony’s autonomous trucking business in the U.S., resigned to start a competitor called Qingtian Truck.… Continue reading Toyota-backed robotaxi unicorn Pony.ai sues ex-employees over trade secrets

06:59 ETDana Incorporated Reports Second-quarter 2022 Financial Results, Generates Strong Free Cash Flow and Maintains Sales Guidance…

Key Highlights Sales of $2.59 billion, an increase of $381 million Net income attributable to Dana of $8 million Diluted EPS of $0.06 Adjusted EBITDA of $162 million Diluted adjusted EPS of $0.08 Free cash flow of $167 million, an increase of $180 million MAUMEE, Ohio, August 3, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN)… Continue reading 06:59 ETDana Incorporated Reports Second-quarter 2022 Financial Results, Generates Strong Free Cash Flow and Maintains Sales Guidance…

Lyft assured no layoffs were coming — now employees are scrambling for their next gig

The day before Lyft shut down its in-house rental service and laid off close to 60 employees, the team in charge of the program was consumed by what they thought was a much bigger problem. Throughout June, the rentals team had attempted to get the service up and running in New York without success. The… Continue reading Lyft assured no layoffs were coming — now employees are scrambling for their next gig