Valvoline Inc., a global leader in vehicle car powering the future of mobility through innovative services and products, today announced that its board of directors declared a quarterly cash dividend of $0.125 per share of Valvoline common stock. The dividend is payable on June 15, 2022, to shareholders of record as of the close of business on May 31, 2022. About Valvoline™ Valvoline Inc. (NYSE: VVV) is a global leader in vehicle care powering the futur

ATC, an industry-leading manufacturer of aluminum RVs and trailers, announced today during a groundbreaking ceremony that it has procured a 35-acre lot on which an additional manufacturing plant will be built. The planned 221,000 square-foot facility, scheduled for completion in early 2023 and located on the eastside of Nappanee, Ind., will primarily be used for ATC’s RV product operations. ATC’s current headquarters will relocate to the new facility upon completion, and

IonQ, a leader in quantum computing, and Hyundai Motor Company today announced a new project designed to apply quantum machine learning to image classification and 3D object detection for future mobilities. Image classification and 3D object detection are foundational steps toward the next generation of mobilities, including autonomous vehicles. Together, IonQ and Hyundai will look to improve computational functionality through more efficient machine learning on quantum computers, a

China Yuchai International Limited a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today that an upgraded Yuchai S04220-61 series of engines became the first Chinese engines to be certified by the UN R49.07 Euro VI E stage emission standard.  With this designation,  Yuchai's engine technology has reached the world's most

US demand for power transmission components is forecast to advance 3.8% yearly in nominal terms through 2026, according to Power Transmission Components: United States, a report recently released by Freedonia Focus Reports. Suppliers will benefit from increases in domestic output of durable products such as machinery and motor vehicles that incorporate power transmission components. Durable goods shipments are expected to grow 3.3% per year through 2026. Persistent global demand for technolog

Smart Eye, the pioneer of Human Insight AI and global leader in AI-based Driver Monitoring and Interior Sensing, today announced the appointment of Magnus Brunzell as VP of Applied AI Systems. Brunzell will lead this business unit, responsible for the development and delivery of Smart Eye’s end-to-end Driver Monitoring Systems for fleet and aftermarket. By combining the company’s purpose-built proprietary hardware with its proven Driver Monitoring System (DMS) software, Smart Eye

Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced the launch of a virtual development environment that enables advance development and operational evaluation of automotive application software to support the latest requirements of electrical/electronic architecture (E/E architecture). The environment includes a Virtual Turnkey Platform, which allows engineers to develop application software before devices or evaluation boards are availabl

Wisk Aero, a leading Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the US, and Skyports, the world-leading designer, developer, and operator of vertiports (landing sites for eVTOL aircraft), are partnering to integrate autonomous, electric, vertical takeoff and landing (eVTOL) aircraft operations at vertiports and other ground-based infrastructure. The partnership marks the first collaboration between a vertiport developer-operator and an

At its first digital ESG (Environment, Social and Governance) Conference for investors and analysts, the inventor of the automobile announced measures aimed at cutting CO2 emissions, creating lasting value for all stakeholders. As stated at the COP26 UN Climate Change Conference in November 2021, Mercedes-Benz is committed to a faster transition to electric cars. “The desire for individual mobility keeps growing. Our mission is to meet this need in a sustainable way. Mercedes-Benz has a

Volta Inc., an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, today announced the launch of PredictEV® Fleet, the second product within its suite of machine learning and artificial intelligence (“AI”) solutions for infrastructure planning, with a multi-year commitment from Southern Company (NYSE: SO), the second-largest utility company in the United States. Volta’s PredictEV® product suite is utilized b

Toyoda Gosei Co., Ltd. will establish a new plant in Guangdong Province, China, to enhance its production network for airbags and steering wheels, its major products, in China, where the automobile market continues to grow. The new plant will be established as a branch plant of Toyoda Gosei Group company Toyoda Gosei (Foshan) Auto Parts Co., Ltd., with production planned to start around the summer of 2023. With this expansion, the company will raise its sales of airbags, for which t

Advent Technologies Holdings, Inc., an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce the signing of a technology assessment, sales, and development agreement with Hyundai Motor Company (“Hyundai”), a leading multinational automotive manufacturer offering a range of world-class vehicles and mobility services in over 200 countries. Advent and Hyundai aim to deliver green energy solutions to current high carbon application

On April 4, Contemporary Amperex Technology Thuringia GmbH (CATT), CATL's first plant outside of China, received the 2nd partial approval for the commissioning of a new plant for battery cell production from the state of Thuringia, Germany, marking a significant milestone for CATL's global footprint expansion despite the pandemic. At the ceremony held in CATT at the Erfurter Kreuz industrial area, Anja Siegesmund, Thuringia's Minister of Environment, Energy and Nature Co

General Motors and Honda today announced plans to expand the two companies' relationship to a new chapter by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. The companies are working together to enable global production of millions of EVs starting in 2027, including compact crossover vehicles, leveraging the two companies' technology, design and sourcing strategies. The companies will a

LDR Growth Partners today announced the acquisition of Mustang Motorcycle Products LLC, maker of Mustang Seats and related motorcycle accessories, in a private transaction closed last Friday. Mustang, known for high-quality, handmade motorcycle seats, was founded in 1980 near Three Rivers, MA, where the company maintains factory operations. Mustang was purchased out of Motorsport Aftermarket Group, owned by a group of investors, led by Monomoy Capital Partners.' "Mustang Se