Tritium introduces PKM fast charging product line with PKM150

Australia-based charger manufacturer Tritium has introduced the PKM150 fast charging system, which is designed to save space and lower costs. It’s part of the new PKM product line, which will be available worldwide. According to Tritium, the PKM150 reduces the amount of equipment needed at a charging site, because the chargers at a site all… Continue reading Tritium introduces PKM fast charging product line with PKM150

Elon Musk’s Mentor Accused of “Brazen” Embezzlement

This is what happens when you get too high on your own supply. The ousted CEO of a SpaceX copycat — and the man who gave Elon Musk his first rocketry books — is being sued for, among other things, allegedly embezzling money to fund his vintage racecar obsession. As Ars Technica‘s Eric Berger reports, Jim… Continue reading Elon Musk’s Mentor Accused of “Brazen” Embezzlement

US auto safety nominee seeks to finish probes of Tesla crashes

NHTSA in August opened a formal safety probe into Tesla’s Autopilot system in 765,000 US vehicles after a series of crashes involving Tesla models and emergency vehicles. WASHINGTON: The Biden administration’s nominee to serve as the top auto safety regulator said Thursday he hopes the agency will soon finish its investigations into crashes involving automated… Continue reading US auto safety nominee seeks to finish probes of Tesla crashes

GOODYEAR INTRODUCES ITS FIRST ELECTRIC VEHICLE REPLACEMENT TIRE IN NORTH AMERICA, THE ELECTRICDRIVE GT

AKRON, Ohio, Dec. 17, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) announced the launch of the new ElectricDrive GT. Marking Goodyear’s first replacement tire in North America tuned for electric vehicles (EVs), the Goodyear ElectricDrive GT is an ultra-high performance, all-season tire that delivers long-lasting tread wear and a quiet ride for… Continue reading GOODYEAR INTRODUCES ITS FIRST ELECTRIC VEHICLE REPLACEMENT TIRE IN NORTH AMERICA, THE ELECTRICDRIVE GT

Worldwide Automotive Steering System Industry to 2028 – Focus on Ice-driven and Electric Vehicles

DUBLIN, Dec. 17, 2021 /PRNewswire/ — The “Global Automotive Steering System Market 2021-2028” report has been added to ResearchAndMarkets.com’s offering. The global automotive steering system market is expected to develop with a CAGR of 5.01% during the forecast years from 2021 to 2028. The stringent fuel efficiency norms are primarily driving the demand for automotive… Continue reading Worldwide Automotive Steering System Industry to 2028 – Focus on Ice-driven and Electric Vehicles

World NM: Cellforce Will Set Up Battery Factory Near Stuttgart, Will Serve Porsche001679

Cellforce, the joint venture between Porsche and Customcells, has announced it has chosen the location for its upcoming factory. It will be positioned in Germany, near Stuttgart, and it will make high-performance battery cells. The constrution of the factory starts next year. Once the production facility is finalized and running, it will initially produce battery… Continue reading World NM: Cellforce Will Set Up Battery Factory Near Stuttgart, Will Serve Porsche001679

Xavier Montagne Appointed to Chief Operating Officer of Vision Marine Technologies, Inc.

MONTREAL, Dec. 17, 2021 (GLOBE NEWSWIRE) — Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global leader in the electric transition of the recreational boating industry serving both OEMs and consumers, is pleased to announce that Xavier Montagne, presently Vision Marine’s Chief Technology Officer, has been appointed to the additional role… Continue reading Xavier Montagne Appointed to Chief Operating Officer of Vision Marine Technologies, Inc.

Genuine Parts (GPC) to Boost Scale & Profits With KDG Buyout

Genuine Parts Company GPC is set to acquire Kaman Distribution Group (“KDG”) in a $1.3-billion, all-cash deal. Based in Bloomfield, KDG is a power transmission, automation, and fluid power industrial distributor and solutions provider. With a headcount of around 17,000, the company operates across the United States and serves more than 5,000 customers. Subject to… Continue reading Genuine Parts (GPC) to Boost Scale & Profits With KDG Buyout

FedEx receives its first fully-electric GM Brightdrop delivery vans

FedEx has received its first five GM-built electric delivery vans out of an order of 500, the company announced. The move represents an important landmark for FedEx in its stated goal to be have an all-electric delivery fleet and be carbon neutral around the world by 2040. “The delivery of the first BrightDrop EV600s is… Continue reading FedEx receives its first fully-electric GM Brightdrop delivery vans

India to see 70 vehicle scrappage centres by 2026

With the government announcing the Vehicle Scrappage Policy earlier this year, there is new momentum in this field and Maharashtra too is mulling its own scacppage policy.  As is known, the Mahindra Group has the first-mover advantage with its Cero Recycling which began vehicle scrappage and recycling operations a few years ago. On November 23, 2021, Maruti Suzuki… Continue reading India to see 70 vehicle scrappage centres by 2026