NIO Inc. to Report First Quarter 2022 Financial Results on Thursday, June 9, 2022

SHANGHAI, China, May 22, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its first quarter 2022 unaudited financial results on Thursday, June 9, 2022, before the open of… Continue reading NIO Inc. to Report First Quarter 2022 Financial Results on Thursday, June 9, 2022

NIO to be Added to The Hang Seng TECH Index as a Constituent Stock

SHANGHAI, China, May 22, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will be included in the Hang Seng TECH Index as a constituent stock, effective June 13, 2022, according… Continue reading NIO to be Added to The Hang Seng TECH Index as a Constituent Stock

Georgia Tech takes top honors in The EcoCAR Mobility Challenge

Ohio State University and University of Alabama teams finish second and third at series finale in Arizona   PHOENIX, May 23, 2022  /PRNewswire/ — Georgia Institute of Technology has been named The EcoCAR Mobility Challenge Year Four champion, taking the lead in the premier four-year collegiate automotive engineering competition. Rounding out the top three are Ohio State… Continue reading Georgia Tech takes top honors in The EcoCAR Mobility Challenge

Electric Power Steering Market Will Reach USD 41250 Million By 2028 With A CAGR of 4.6% – Valuates Reports

BANGALORE, India, May 23, 2022 /PRNewswire/ — Electric Power Steering market is Segment by Type – CEPS, PEPS, REPS, by Application – Industrial vehicles, Commercial vehicles, Others. It is published in Valuates Reports under the  Energy & Utilities  Category. Electric Power Steering market size is estimated to be worth USD 31590 million in 2022 and is forecast to… Continue reading Electric Power Steering Market Will Reach USD 41250 Million By 2028 With A CAGR of 4.6% – Valuates Reports

TrueCar Honors Gold Star Family by Awarding Daughter with Brand New Vehicle Through DrivenToDrive Initiative

Elisabeth Nylander, 20, is the daughter of fallen service member, Air Force Captain Nathan Nylander, who lost his life in battle during the War in Afghanistan. To honor the sacrifices he made, Elisabeth was presented with a new Chevrolet Equinox at a wear blue event in Washington, D.C. earlier this month in an effort to… Continue reading TrueCar Honors Gold Star Family by Awarding Daughter with Brand New Vehicle Through DrivenToDrive Initiative

Marelli launches its Wireless Distributed Battery Management System

The solution eliminates the need of daisy-chain communication and wiring by using wireless technology to enable the communication between batteries and control unit. Compared to previous wired distributed solutions, the new wBMS developed by the company reduces the wiring harness by 90% and simplifies the battery cell construction and installation. In particular, the wBMS reduces… Continue reading Marelli launches its Wireless Distributed Battery Management System

RobotPlusPlus, a Leader in Aerial Work Robots, Raises US$15M in Series B to Accelerate R&D and Expand Global Presence

RobotPlusPlus plans to use the new capital to accelerate its R&D timeline and expand its global presence. New robotic offerings will be released for cargo hold cleaning, tank painting, and facade cleaning, in addition to upgrading current products by integrating more autonomous technologies. “Our latest round of funding contributes to the positive momentum we have… Continue reading RobotPlusPlus, a Leader in Aerial Work Robots, Raises US$15M in Series B to Accelerate R&D and Expand Global Presence

NIO Automaker Strategy Research Report – In 2022 NIO Will Deliver 3 New Models

DUBLIN, May 23, 2022 /PRNewswire/ — The “Emerging Automakers Strategy Research Report, 2022 – NIO” report has been added to ResearchAndMarkets.com’s offering. This report contains research on emerging carmaking strategies: no new cars in 2021, 3 new cars in 2022, can NIO make its renaissance? The delivery of ET7 is imminent, and the sluggish sales situation… Continue reading NIO Automaker Strategy Research Report – In 2022 NIO Will Deliver 3 New Models

Hyundai Mobis has developed the world’s first adjustable automotive display: Ultra large movable screen

This adjustable display features a 34″ ultra large screen and is equipped with ultra-high resolution 6K OLED panels. At present, a 34″ automotive display is recognized as the largest among automotive screens as they face challenging quality conditions, such as durability and reliability. In particular, the company designed this super-sized display as a multi-curved screen… Continue reading Hyundai Mobis has developed the world’s first adjustable automotive display: Ultra large movable screen

Autoliv has refinanced its existing Revolving Credit Facility

STOCKHOLM, May 23, 2022 /PRNewswire/ — Autoliv (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems has refinanced its existing $1.1 billion revolving credit facility agreement maturing in July 2023. Autoliv is pleased to announce that the refinancing of its existing core $1.1 billion revolving credit facility has been successfully closed. The new… Continue reading Autoliv has refinanced its existing Revolving Credit Facility