Velodyne Lidar CEO resigns in latest internal drama

Velodyne Lidar CEO Anand Gopalan is leaving the lidar company at the end of July as the sensor supplier continues to struggle with internal drama. Gopalan, who was previously CTO, is leaving the top leadership position after about a year and a half on the job. Velodyne said Monday in a statement that a team… Continue reading Velodyne Lidar CEO resigns in latest internal drama

EV growth propels Denso to close value gap with Honda and Ford

NAGOYA — Is a car worth more than the sum of its parts? This is a question posed by Japanese automotive supplier Denso’s near dead heat in market capitalization with Honda Motor and Ford Motor. Denso’s market cap stood at 5.78 trillion yen ($52.59 billion) as of Thursday, roughly 70% higher than a year earlier. Honda’s… Continue reading EV growth propels Denso to close value gap with Honda and Ford

ParkHub Acquires CurbTrac to Further Optimize Parking Payments

DALLAS, July 19, 2021 /PRNewswire/ — ParkHub, the leading B2B parking technology provider, today announced its acquisition of CurbTrac, a parking payment management platform. As a result of the agreement, ParkHub will adapt CurbTrac’s software into its suite of services, and CurbTrac’s CEO, Charley DeBow, has joined ParkHub’s team to help direct the platform’s growth. “ParkHub… Continue reading ParkHub Acquires CurbTrac to Further Optimize Parking Payments

Uber: Uber Accelerates National Grocery Availability Across the U.S.

SAN FRANCISCO–(BUSINESS WIRE)–Today, Uber Technologies, Inc. (NYSE: UBER) announced that its on-demand and scheduled grocery delivery is now available to Uber and Uber Eats customers in over 400 cities and towns across the U.S., including major markets like San Francisco, New York City, and Washington DC. This marks Uber’s first major grocery expansion in the… Continue reading Uber: Uber Accelerates National Grocery Availability Across the U.S.

Lidar maker Velodyne loses its CEO amid internal chaos

Velodyne, a leading manufacturer of lidar laser sensors, announced that CEO Anand Gopalan would be stepping down. The news comes as the sensor company has been embroiled in a bitter war between its founder, David Hall, and the company’s board of directors. Gopalan, who previously served as Velodyne’s chief technology officer before taking the reins… Continue reading Lidar maker Velodyne loses its CEO amid internal chaos

EV Systems Market Leader Nott Company and Zeus Electric Chassis Enter Joint Development Agreement to Lead the Evolution of Vocational Vehicle Electrification

TWIN CITIES, Minn., July 19, 2021 /PRNewswire/ — Today, long-standing Minnesota native Nott Company announced its partnership with Zeus Electric Chassis, Inc. (Zeus). The two companies headquartered in the St. Paul metro area have formalized a long-term Joint Development and Supply Agreement, positioning themselves to become a force in the industry.   “Zeus and Nott Company… Continue reading EV Systems Market Leader Nott Company and Zeus Electric Chassis Enter Joint Development Agreement to Lead the Evolution of Vocational Vehicle Electrification

@Geely: Kandi Expands Battery Cell Business with Acquisition of Jiangxi Huiyi

JINHUA, CHINA, July 19, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced the expansion of its battery cell business with the acquisition of a leading cell producer in Jiangxi Province, China. Kandi is a leader in electric vehicles and associated parts, including the cell business… Continue reading @Geely: Kandi Expands Battery Cell Business with Acquisition of Jiangxi Huiyi

@BMW: The BMW Group at the IAA MOBILITY 2021 show: Open discussions on the sustainable mobility of the future – in person in Munich and digitally around the world.001303

Munich. After 70 years in Frankfurt am Main, the IAA motor show will take place for the first time in the BMW Group’s home city of Munich. Over the six days from 7 – 12 September 2021, exhibitors will showcase their latest innovations and discuss the mobility of the future with trade professionals and members… Continue reading @BMW: The BMW Group at the IAA MOBILITY 2021 show: Open discussions on the sustainable mobility of the future – in person in Munich and digitally around the world.001303

Hyzon Motors Inc. Announces Initiation of Trading on Nasdaq Under Ticker Symbol “HYZN”

ROCHESTER, N.Y., July 19, 2021 /PRNewswire/ –Hyzon Motors Inc. (NASDAQ: HYZN), a leading global supplier of zero-emission hydrogen fuel cell-powered heavy vehicles, announced that its Class A Common Stock will commence trading at market open today, July 19, 2021, on the Nasdaq Global Select market under the ticker symbol “HYZN”. This follows the previously announced… Continue reading Hyzon Motors Inc. Announces Initiation of Trading on Nasdaq Under Ticker Symbol “HYZN”

@Daimler: Daimler supports population in flood areas

Since Friday, Daimler has been providing heavy off-road Mercedes-Benz Unimog and special vehicles to support regional rescue teams Daimler AG donates 1 million euros for emergency aid Donation goes to the German Red Cross and the Federal Agency for Technical Relief Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG:… Continue reading @Daimler: Daimler supports population in flood areas