POSCO Holdings started construction of a plant to commercialize brine lithium in Argentina. The POSCO Group is Argentina's first to produce lithium hydroxide for batteries through the entire process, from acquisition of mining rights to exploration to construction and operation of a production plant. On the 23rd, at the groundbreaking ceremony in Salta Province, Argentina for the brine lithium plant based at Salar del Hombre Muerto (Salt Lake), located at an altitude of 4,000 me

When the automotive supplier and customer relationship is in true symmetry, the partnership can bring technological advancements that transform an industry. This was the case when Amsted Automotive Group developed an E-axle solution that launched in the new electric vehicle lineup from Rivian Automotive. The Dynamic Controllable Clutch (DCC), an Electro-Mechanical E-axle Disconnect system, addresses the need for new torque-management solutions for EVs, providing seamless shifting te

Hewlett Packard Enterprise announced that BMW Group, the world’s leading premium manufacturer of automobiles and motorcycles, has selected the HPE GreenLake edge-to-cloud platform to streamline and unify data management across its global locations and the cloud. As part of the agreement, HPE will provide cloud services for big data, backup, recovery and compliant archiving, enabling BMW Group to manage distributed data via one single platform, with a globally consistent cloud experience

Chevron Products Company, a division of Chevron U.S.A. Inc., introduced Delo® 400 XSP SAE 15W-40 with ISOSYN® Advanced Technology™, a new full synthetic, high-performance engine oil engineered to help maximize engine protection and to minimize oil consumption, specifically formulated for heavy duty diesel engines operating on and off highway. “We’ve introduced Delo 400 XSP SAE 15W-40 to fill a customer need for the heavy-weight confidence of a 15W-40 and th

Sunlight Group Energy Storage Systems, the global technology company and producer of integrated and innovative industrial, off-road, and commercial energy storage solutions, announces the launch of Sunlight ElectroLiFe, its newest semi-traction lithium-ion battery. Sunlight ElectroLiFe will be officially launched to the US market at the MODEX Show, the largest international supply chain event of 2022, held in Atlanta, Georgia, on March 28-31. On Tuesday, March 29 at 10:00 AM (EDT),

Huron Capital Partners LLC, a leading lower middle-market private equity platform, announced today that its off-road and overlanding automotive aftermarket accessories platform, which goes to market under the brand names Addictive Desert Designs ("ADD") and DV8 Offroad ("DV8"), has acquired Rago Fabrication ("Rago"). Rago, founded in 2013 by U.S. Navy Veteran Mario Rago, is a manufacturer and distributor of premier off-road/overland aftermarket products

Toyota Ventures launched its third global "call for innovation" today to search for early-stage companies that can help make the factory of the future a reality sooner. In partnership with Toyota's Manufacturing Project Innovation Center (MPIC) and Toyota Research Institute (TRI), the 2022 call focuses on finding scalable solutions to modernize manufacturing and advance sustainable production. Through May 31, 2022, qualified entrepreneurs are invited to apply to the call for an

Sensata Technologies, today announced a new collaboration with NIRA Dynamics AB to deliver an accurate and robust tire Tread Depth Monitoring (TDM) ‘virtual sensor’ system for automotive OEMs that optimizes tire health and improves vehicle safety, efficiency and uptime. The TDM solution, powered by NIRA Dynamics’ tread wear estimation software, is designed to give vehicle OEMs, drivers and fleets timely alerts when tires have worn to unsafe levels and need servicing.

Automotive thermal and energy management solutions supplier Hanon Systems (KS:018880) today announced it is launching a new plant in Hubei, China, which reinforces the company's increasing support to automakers in the electrified vehicle segment. The new plant will manufacture heating, ventilation and air conditioning (HVAC) modules for electrified vehicles. "Hanon Systems continues to grow its global business by investing in the design of innovative eco-friendly

Swedish green battery maker Northvolt has selected the northern German city of Heide in the regional state of Schleswig-Holstein for a new 60 gigawatt plant. "Northvolt Drei" will be the company's third production facility of this size and the first outside Sweden. It will cost some EUR 4 billion. "In Heide, we really found a spot where we could combine all our requirements: attracting talent and feeling the support for our aspiration of building the world's g

Adobe announced that BMW Group (BMWYY), one of the world’s largest automobile and motorcycle manufacturers, has expanded its relationship with Adobe as part of its digital transformation of its sales and marketing division. BMW Group, which includes BMW, Rolls-Royce, MINI and BMW Motorrad, is leveraging Adobe Experience Cloud to deliver personalized digital experiences, as it advances toward the goal of selling a quarter of all its vehicles online within the next three years.

Assembly Intelligence, an affiliate of Assembly Ventures, announced today a new partnership with Cintra. Together the organizations will jointly focus on accelerating the development and deployment of technology-enabled transportation infrastructure. Through the agreement, Cintra, one of the largest private global developers and operators of transport-related infrastructure, will work with Assembly Intelligence to engage key sector leaders in critical dialogue around the future of technology

Alpha Motor Corporation has just unveiled The ACE Electric Vehicle Coupe Series: ACE, ACE Performance Edition, and SUPER ACE. Each model built on Alpha's mechanically adjustable vehicle platform, efficiently streamlines product validation by enabling rapid integration of body and components. "Since the ACE Coupe unveiling in December of 2020, demand for Alpha's cars have been overwhelming from both physical and virtual markets. The company is working towards making its

HOLT Truck Centers announced the arrival of its first on-highway, zero-emission, battery-operated class 8 truck, the Nikola Tre BEV. It will join HOLT’s fleet for parts delivery with plans to have the truck available to customers through HOLT Truck Centers later this year. Nikola Corporation is the leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV) and energy infrastructure solutions. In July of 2021,

Tekion, innovator of the Automotive Retail Cloud® (ARC), the first and fastest cloud-native automotive retail SaaS platform, today announced the launch of its Automotive Enterprise Cloud (AEC) to unify the Original Equipment Manufacturer (OEM), retailer, and consumer vehicle purchase journey from website to delivery. Automotive Enterprise Cloud seamlessly connects the retail experience from the OEM brand website directly to local retailers accommodating a complete end-to-end transaction.