From left to right: Ville Rantala – Project Manager (Valmet Automotive), Hans Heijmans – COO (Lightyear), Gerard Berkelmans – VP Strategic Sourcing & Procurement (Lightyear), Matti Räsänen – VP Sales (Valmet Automotive), Wim van Stratum – VP Operations (Lightyear) Valmet Automotive has signed a letter of intent on vehicle manufacturing with Lightyear, the Netherlands-based technology… Continue reading Valmet Automotive entering into manufacturing contract with EV brand Lightyear
Tag: Mobility
GMC will offer a new full-size all-electric pickup beyond Hummer
Make room for one more all-electric pickup coming to market. General Motors said Monday it will add an all-electric pickup to its GMC brand — beyond the GMC Hummer EV pickup due out in the fourth quarter. In a media call Monday, top GMC executives said the additional electric pickup will be a full-size truck. But they stopped short of giving… Continue reading GMC will offer a new full-size all-electric pickup beyond Hummer
Bosch honors its suppliers’ endeavors for sustainability
Sustainable supply chains: spotlight on climate action With its 400 locations worldwide, Bosch has been climate neutral since the first quarter of 2020. In close cooperation with its global supplier network, Bosch wants to go one step further, and aims for a 15 percent reduction in its upstream and downstream CO2 emissions along its entire… Continue reading Bosch honors its suppliers’ endeavors for sustainability
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