New Zealand-based electric utility bike company Ubco announced a new strategic partnership with TPK Holdings, a Taiwanese electric components manufacturing company. As part of the agreement, TPK will be leading Ubco’s Series B with a $10 million investment, bringing the company’s total funding to $23 million. TPK will also bring the company significant supply chain… Continue reading Electric utility bike company Ubco scores $10M strategic investment with TPK
Tag: Strategy
@BMW: 2021 BMW Summer Technology Updates001464
Woodcliff Lake, NJ – Sept. 22, 2021… During the Summer of 2021, the next level of technology upgrades were rolled out to BMW customers with iDrive 7. These updates included features such as Amazon Alexa for iDrive 7, Uneven Road Surface warning, and Remote Engine Start on demand. Amazon Alexa for iDrive 7 Amazon Alexa Car… Continue reading @BMW: 2021 BMW Summer Technology Updates001464
Workhorse suspends delivery, recalls dozens of its flagship electric vans
Ohio-based electric vehicle startup Workhorse is suspending deliveries of its C-1000 electric delivery vans and recalling 41 vehicles that have already been sent to customers, telling regulators the vans need “additional testing and modifications” in order to comply with federal safety standards. It was the latest setback for the company, which recently abandoned its effort… Continue reading Workhorse suspends delivery, recalls dozens of its flagship electric vans
FedEx to test Aurora’s self-driving trucks on Dallas-to-Houston route
FedEx has started to use self-driving trucks to haul goods between Dallas and Houston as part of a pilot program with autonomous vehicle startup Aurora and heavy-duty vehicle manufacturer Paccar. Paccar trucks that are equipped with Aurora’s technology will be used multiple times a week to complete the nearly 500-mile route along Interstate 45, the… Continue reading FedEx to test Aurora’s self-driving trucks on Dallas-to-Houston route
Ultium Cells Selects Honeywell Quality Control System For State-Of-The-Art Lithium-Ion Battery Production Plant
HOUSTON, Sept. 22, 2021 /PRNewswire/ — Honeywell (NASDAQ: HON) today announced that Ultium Cells LLC, a joint venture between LG Energy Solution and General Motors (GM), will use Honeywell’s Quality Control System (QCS) to ensure the quality and integrity of the lithium-ion batteries produced at its new manufacturing plant in Lordstown, Ohio. Due to be completed… Continue reading Ultium Cells Selects Honeywell Quality Control System For State-Of-The-Art Lithium-Ion Battery Production Plant
Goodyear Opts For Renewable Energy In European And Turkish Plants
BRUSSELS, Sept. 22, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced it will adopt 100% renewable energy at its Goodyear plants across Europe and Turkey* in the first of a multiple-phase plan to procure 100% renewable energy in all its facilities across Europe, Middle East and Africa by the end of… Continue reading Goodyear Opts For Renewable Energy In European And Turkish Plants
@Ford: Ford, Redwood Materials Teaming Up on Closed-Loop Battery Recycling, U.S. Supply Chain
Ford Motor Company and Redwood Materials, a leading battery materials company, are collaborating to make electric vehicles more sustainable and affordable for Americans by localizing the complex supply chain network, creating recycling options for end-of-life vehicles, ramping lithium-ion recycling and increasing U.S. battery production Closing the loop ensures valuable materials that are used in battery… Continue reading @Ford: Ford, Redwood Materials Teaming Up on Closed-Loop Battery Recycling, U.S. Supply Chain
Goodyear Announces Pricing Of €400 million European Senior Notes
AKRON, Ohio, Sept. 22, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (“Goodyear”) today announced that its European subsidiary, Goodyear Europe B.V. (“GEBV”), has priced its private offering to eligible purchasers of €400 million aggregate principal amount of senior notes due 2028 (the “notes”). The notes will be senior unsecured obligations of GEBV and will… Continue reading Goodyear Announces Pricing Of €400 million European Senior Notes
Jing-Jin Electric and Allison Transmission Partner to Accelerate Development of Commercial Vehicle Electrified Powertrain Solutions for Global Markets
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, and Jing-Jin Electric (JJE), a Chinese electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers, have signed a broad, global strategic collaboration partnership agreement to accelerate the development of industry-leading electrified… Continue reading Jing-Jin Electric and Allison Transmission Partner to Accelerate Development of Commercial Vehicle Electrified Powertrain Solutions for Global Markets
Bosch and ITK Engineering launch new platform freelancernetwork
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch and ITK Engineering launch new platform freelancernetwork