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Tag: Electric vehicles
STOREDOT ENDS 2021 BY ACHIEVING 850 CONSECUTIVE EXTREME FAST CHARGING CYCLES, 12 GROUND-BREAKING PATENTS AND EXPANDING INTO THE US AND ASIA
StoreDot’s latest standout results are achieved at room temperature with zero applied pressure – concluding a remarkable year for the company that exceeded all the milestones that it had laid out, accelerating its mission to reduce charging times – currently the major barrier to electric vehicle ownership. Its achievements across the areas of global expansion,… Continue reading STOREDOT ENDS 2021 BY ACHIEVING 850 CONSECUTIVE EXTREME FAST CHARGING CYCLES, 12 GROUND-BREAKING PATENTS AND EXPANDING INTO THE US AND ASIA
ePropelled Applauded by Frost & Sullivan for Increasing the Efficiency of Electric Motors and Enabling Zero-Emission Mobility With Its Dynamic Torque Switching System
ePropelled’s Dynamic Torque Switching (eDTS) includes motor windings, a switch matrix, and software designed to deliver high efficiency and reliability. The switch matrix connects the sections of the windings in a series, series parallel combinations, or all in parallel. However, the windings are manufactured in the same manner as standard electric motor windings for consistency in quality and… Continue reading ePropelled Applauded by Frost & Sullivan for Increasing the Efficiency of Electric Motors and Enabling Zero-Emission Mobility With Its Dynamic Torque Switching System
World NM: Electric car firm Canoo drops plans to manufacture vehicles in Born001676
The Canoo minibus won’t be built in Born. Photo: Canoo handout American electric car maker Canoo has pulled out of plans to build vehicles at the VDL Nedcar plant in Born, Limburg. Canoo chief executive Tony Aquila said in a statement on Wednesday that the company would rather invest in ‘creating American jobs and innovation’.… Continue reading World NM: Electric car firm Canoo drops plans to manufacture vehicles in Born001676
Cummins (CMI) Sanctions Share-Buyback Program Worth $2B
Cummins Inc. CMI recently disclosed that its board of directors has authorized a common stock repurchase program of $2 billion. This announcement comes in as the company concludes its prior authorization of $2 billion, announced in 2019. The latest share repurchase program reiterates Cummins’ commitment to boosting shareholders’ value and showcases its confidence in its… Continue reading Cummins (CMI) Sanctions Share-Buyback Program Worth $2B
AutoZone (AZO) Boosts Share Buyback Program on Stellar Results
AutoZone, Inc.’s AZO board of directors recently authorized the buyback of an additional $1.5 billion of its common stock related to its ongoing share-repurchase program. The company commenced its share-repurchase program in 1998. AutoZone’s board has authorized $29.2 billion in share repurchases in total to date, including the above amount. AutoZone, which had tapped brakes… Continue reading AutoZone (AZO) Boosts Share Buyback Program on Stellar Results
Waymo says test vehicle was in manual mode when it struck a pedestrian in San Francisco
A Waymo autonomous vehicle struck a pedestrian in San Francisco Wednesday night, according to a post on Reddit. A spokesperson for the Alphabet-owned company confirmed the incident on Twitter but clarified that the vehicle was in manual mode at the time of the collision. The incident took place in the Lower Haight neighborhood of San… Continue reading Waymo says test vehicle was in manual mode when it struck a pedestrian in San Francisco
The Bay Area start-up that’s changing automotive service for good, reflects on its first full year of operation
CUPERTINO, Calif., Dec. 16, 2021 /PRNewswire/ — Curbee, the car care company that comes to you, applauds its first full year in business. Notes Curbee CEO Denise Leleux, “This holiday season, we want to share our appreciation of the entire Curbee community for making 2021 extraordinary. We look forward to spreading the joy of hassle-free… Continue reading The Bay Area start-up that’s changing automotive service for good, reflects on its first full year of operation
EVERY THIRD NEW ELECTRIC CAR IN EUROPE DRIVES ON GERMAN ROADS
PFORZHEIM, Germany and MUNICH, Dec. 16, 2021 /PRNewswire/ — E-mobility in Europe is picking up speed – and is racing ahead more rapidly in Germany than in any other European country. One in three electric cars newly registered in 2021 drives on German roads, according to figures for the first ten months of this year. The… Continue reading EVERY THIRD NEW ELECTRIC CAR IN EUROPE DRIVES ON GERMAN ROADS
Buy NIO Stock Ahead of This Event, Says Analyst
No two ways about it, Nio (NIO) stock has been in a rut and unable to shake off the bearish sentiment. Shares are down 25% over the past month alone, due to a combination of factors, including the fear of US delisting for Chinese stocks and a generally tough environment for growth names. However, the… Continue reading Buy NIO Stock Ahead of This Event, Says Analyst