Ford sales up 27.3% in August; EVs see strong gains

Ford Motor Co. saw sales gains across much of its U.S. lineup in August, fueling growth of 27.3% over the same month last year and outpacing the automotive industry’s overall performance. The Dearborn automaker sold 158,088 vehicles in the U.S. last month, up from 124,176 in August 2021. It saw gains of 13.2%, 47.7% and 307.3%,… Continue reading Ford sales up 27.3% in August; EVs see strong gains

New $52 million federal grant to boost mobility innovation in Michigan

Washington — The Detroit Regional Partnership Foundation is to receive a $52.2 million federal grant from a Department of Commerce program to boost and advance mobility innovation in the auto industry, officials said Friday. The Michigan proposal was among 21 winners of a $1 billion challenge funded by last year’s $1.9 trillion coronavirus relief package. The intent is to create jobs… Continue reading New $52 million federal grant to boost mobility innovation in Michigan

Ideanomics Announces Earnings Conference Call Details

NEW YORK, Sept. 2, 2022 /PRNewswire/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”) announces that it will conduct a conference call to discuss its 2021 fourth-quarter, 2021 full year, 2022 first quarter and second quarter financial results at 8:30 a.m. ET on September 9, 2022. The Company’s senior management team will give prepared remarks… Continue reading Ideanomics Announces Earnings Conference Call Details

Ideanomics, Inc. Reports Full Year 2021 Financial Results

– Revenues for the year ended December 31, 2021, were $114 million- Gross profit for 2021 was $23.2 million NEW YORK, Sept. 2, 2022 /PRNewswire/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”), a global company focused on accelerating the commercial adoption of electric vehicles, announced today its full year 2021 operating results for the… Continue reading Ideanomics, Inc. Reports Full Year 2021 Financial Results

Sacramento utility partners with BMW, Ford and GM for managed EV charging pilot

The Sacramento Municipal Utility District (SMUD) has announced a new EV program, the Managed Electric Vehicle Charging Pilot, in partnership with BMW, Ford and GM. The pilot will evaluate ways in which SMUD can help Sacramento-area customers charge their EVs at times of day that promote optimal energy load management. “This pilot program and the… Continue reading Sacramento utility partners with BMW, Ford and GM for managed EV charging pilot

Global Automotive Software Market Analysis/Forecasts, 2017-2021 & 2022-2027: Fuel Efficiency, Comfort, and Convenience Driving the Future of Connected Cars

DUBLIN, Sept. 2, 2022 /PRNewswire/ — The “Global Automotive Software Market, By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium and Heavy Commercial Vehicle), By Application, By Software Layer, By Company, By Region, Forecast & Opportunities, 2027” report has been added to ResearchAndMarkets.com’s offering. The global automotive software market is expected to witness significant growth… Continue reading Global Automotive Software Market Analysis/Forecasts, 2017-2021 & 2022-2027: Fuel Efficiency, Comfort, and Convenience Driving the Future of Connected Cars

LG Energy Solution tackles $228bn EV battery order with partners

SEOUL — South Korea’s LG Energy Solution recently struck another major joint venture to build an overseas plant for electric vehicle batteries, a strategy it hopes will allow it to lock in customers and rein in costs as it chases global leader Contemporary Amperex Technology (CATL) of China. LG Energy announced last month it will… Continue reading LG Energy Solution tackles $228bn EV battery order with partners

Teenage Engineering’s ‘Field’ products are testing customer loyalty

Ten years ago, Teenage Engineering made a splash with the quirky, “boutique” OP-1 synthesizer. The b-word gets quotes because the OP-1 would go on to be a huge hit, enjoying a 10 year run and several re-stocks along the way. The success of the OP-1 and the equally unique products that followed saw big brands… Continue reading Teenage Engineering’s ‘Field’ products are testing customer loyalty

Worldwide Automotive HUD Market to Reach $3.9 Billion by 2027 at a CAGR of 30.4%

DUBLIN, Sept. 2, 2022 /PRNewswire/ — The “Automotive HUD Market by Technology (AR-HUD, Conventional HUD), HUD Type (Combiner, Windshield), PC Class (Economy, Mid-Segment, Luxury), Level of Autonomy, Dimension, Vehicle Type, Sales Channel, EV Type and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The global automotive HUD market is projected to… Continue reading Worldwide Automotive HUD Market to Reach $3.9 Billion by 2027 at a CAGR of 30.4%

Zacks.com featured highlights include BorgWarner Univar Solutions, Marathon Petroleum, Barclays and ModivCare

For Immediate Release Chicago, IL – September 2, 2022 – Stocks in this week’s article are BorgWarner Inc. BWA, Univar Solutions Inc. UNVR, Marathon Petroleum MPC, Barclays PLC BCS and ModivCare MODV. 5 Best Value Stocks Based on Discounted PEG Ratios In a market dealing with external shocks, value investing is fast gaining popularity. The… Continue reading Zacks.com featured highlights include BorgWarner Univar Solutions, Marathon Petroleum, Barclays and ModivCare