Intelligent Airways Transportation: Paving the Way for a Smarter Future – By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, Aug. 16, 2023 /PRNewswire/ — Intelligent airways transportation (IAT) has emerged as a transformative force in the aviation industry, revolutionizing air travel through the integration of advanced technologies and innovative… Continue reading Intelligent Airways Transportation: Paving the Way for a Smarter Future – By The Business Research Company

European OEMs’ Over-the-Air Update (FOTA/SOTA) Strategy Analysis Report 2023: Unlocking New Revenue Streams with In-Cabin Features and Technology for OEMs

DUBLIN, Aug. 16, 2023 /PRNewswire/ — The “Insights into European OEMs’ Over-the-Air Update (FOTA/SOTA) Strategies” report has been added to ResearchAndMarkets.com’s offering. This study offers insight into European OEMs’ over-the-air (OTA) update (firmware-over-the-air [FOTA]/software-over-the-air [SOTA]) strategies.  In analyzing leading European OEMs adopting OTA updates, the study breaks down the number of OTA updates each company offers… Continue reading European OEMs’ Over-the-Air Update (FOTA/SOTA) Strategy Analysis Report 2023: Unlocking New Revenue Streams with In-Cabin Features and Technology for OEMs

UAW President Shawn Fain responds to workers worried about pay loss during a strike

Again and again, UAW President Shawn Fain has scheduled updates for his members on Facebook Live to discuss contract negotiations and sometimes even skewer an automaker. Thousands of viewers have tuned in to watch and submit questions via chat that he addresses in real time. They submit thumbs-up and heart emojis as he speaks. Other… Continue reading UAW President Shawn Fain responds to workers worried about pay loss during a strike

GM invests $60 million in battery materials company Mitra Chem

General Motors is investing $60 million in a Silicon Valley-based battery materials company to help GM bring more affordable electric vehicles to market faster. GM on Wednesday announced the stake in Mitra Chem, an AI-enabled battery materials innovation company. It is part of a Series B financing, which further establishes a startup after it has… Continue reading GM invests $60 million in battery materials company Mitra Chem

@GM: GM Invests in AI and Battery Materials Innovator Mitra Chem

GM Invests in AI and Battery Materials Innovator Mitra Chem Mitra Chem’s proprietary AI platform expected to accelerate GM’s development of affordable batteries in the U.S. 2023-08-16 DETROIT – General Motors (NYSE: GM) is leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered… Continue reading @GM: GM Invests in AI and Battery Materials Innovator Mitra Chem

LexisNexis Insurance Demand Meter Registers as “Sizzling” for New Policies and “Hot” for U.S. Auto Insurance Shopping

Consumers look for – and find – cost savings on auto insurance policies in second quarter ATLANTA, Aug. 16, 2023 /PRNewswire/ — The latest edition of the LexisNexis® Risk Solutions Insurance Demand Meter reports the quarterly year-over-year U.S. auto insurance shopping growth was +5.2% in Q2 2023, as consumers continue to react to widespread rate increases… Continue reading LexisNexis Insurance Demand Meter Registers as “Sizzling” for New Policies and “Hot” for U.S. Auto Insurance Shopping

Servotronics, Inc. Names New Sales & Marketing Director

— Addition of seasoned aerospace industry leader brings increased focus on sales initiatives and alignment with long-term growth strategy — ELMA, N.Y., Aug. 16, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that it has strengthened its sales and marketing… Continue reading Servotronics, Inc. Names New Sales & Marketing Director

GM invests big bucks in battery startup in a bet on new chemistry

General Motors (GM) looks to further commercialize its EV battery production and lower prices by investing in Mitra Chem – a startup described as an “AI-enabled battery materials innovator.” Today, GM announced it is the lead investor of a Series B funding round supporting the Silicon Valley-based battery company. GM has publicly embraced a full… Continue reading GM invests big bucks in battery startup in a bet on new chemistry

GM leads funding series for Silicon Valley battery materials company

General Motors Co. said Wednesday it’s leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based lithium-ion battery materials product company. GM says Mitra Chem’s AI-powered platform and R&D center will help accelerate its commercialization of affordable EV batteries. And GM’s financial support for Mitra Chem will help the company scale… Continue reading GM leads funding series for Silicon Valley battery materials company

Stellantis to launch platform in Michigan for dealers to get 70% cheaper service parts

Troy — Starting in December, several Michigan dealers selling Chrysler, Dodge, Jeep and Ram vehicles will have greater access to parts up to 70% cheaper through a service Stellantis NV is launching in North America, an executive for the automaker said Tuesday. B-Parts is a part of Stellantis’ circular economy division that focuses on reusing,… Continue reading Stellantis to launch platform in Michigan for dealers to get 70% cheaper service parts