Turnspire Capital Partners LLC ("Turnspire"), a special situations-focused private equity firm, announced that it has completed the acquisition of the Goodyear® air springs business from EnPro Industries, Inc. (NYSE: NPO). Goodyear® Air Springs is the first acquisition of Infinity Engineered Products, a new platform formed by Turnspire. Goodyear® Air Springs, headquartered in Fairlawn, Ohio, is a leading provider of premium air springs for trucks, trailers, bus

Velodyne Lidar, Inc. announced a multi-year distribution agreement with Local Motors, a leading digital vehicle manufacturer that provides sustainable mobility solutions to support communities around the world developed. With the Velodyne lidar sensors, Local Motors realizes the safe, reliable operation of Olli, the electronic, self-powered 3D printing shuttle. Local Motors uses numerous Velodyne Puck ™ sensors in Olli so that mobility services can be implemented in the immedi

Eastman and Gruppo Maip, a leading international plastics formulator and compound producer based in Turin, Italy, have announced a partnership to formulate new sustainable polymer solutions for automotive interior applications. This will enable an exclusive portfolio of formulations based on Eastman's Advanced Circular Recycling technology, offering a range of both biobased and molecular-recycled content solutions with Eastman Tritan™ Renew copolyester and Trēva™ Renew engine

Arcimoto, Inc., makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets,  announced that it has entered into its first municipal fleet pilot program, with the City of Orlando. Together, the City will test Arcimoto vehicles across six city departments, continuing Mayor Buddy Dyer’s efforts to transform Orlando into one of the most environmentally-friendly, economically and socially vibrant communities in the nation. “We ar

American Tire Distributors (ATD), one of the largest independent suppliers of tires to the replacement tire market, announced a partnership with OneRail, a leading delivery orchestration platform with 4.5 million drivers, to expand ATD’s expedited tire delivery program, ATD Express, nationally. The ATD Express Program was designed to arm ATD’s customers with a competitive advantage of leveraging them with instant access to inventory from their regional ATD distribution c

The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the business case for a green battery business located in Norway. The companies intend that this initiative is based on Panasonic's leading technology and targets the European market for electric vehicles and other applications. The companies will also investigate the potential for an integrated battery value chain and for co-location of supply chain partners.

The Goodyear Tire & Rubber Company  announced a strategic relationship with TuSimple, a global autonomous trucking technology company, to provide tires and tire management solutions to TuSimple's Autonomous Freight Network (AFN). As part of this collaboration, Goodyear will provide products and repair services to enhance the safety and operation of autonomous trucks. Additionally, Goodyear and TuSimple will conduct wear studies designed to understand how autonomous truc

Eastman and the Maip Group, a leading international formulator and manufacturer of plastic compounds based in Turin (Italy), have announced a partnership to formulate new sustainable polymer solutions for interior applications in the automotive sector. This will create a unique portfolio of formulations based on Eastman's advanced circular recycling technology, offering a range of bio-based and molecular-based recycled content solutions with Eastman Tritan ™ Renew copolyester and Tr

Velodyne Lidar, Inc.  introduced the latest innovative product Velarray H800 for the first time in its broad range of lidar sensors. The Velarray H800 solid-state sensor is designed to achieve automotive-grade performance and is constructed using Velodyne's breakthrough proprietary Micro Lidar Array Architecture (MLA). This sensor combines long-distance perception and a wide viewing angle, and is designed for safe navigation and collision avoidance in advanced driver assistance syste

XL Fleet , a leader in vehicle electrification solutions for commercial and municipal fleets, has announced that the Company’s XLP™ plug-in hybrid electric drive technology is being expanded for use across a range of fleet vehicles from General Motors. The platform is expected to begin shipping on select configurations of the Chevrolet and GMC Silverado / Sierra 2500 HD and 3500 HD pickup trucks in the first quarter of 2021, and on Chevrolet and GMC 3500 and 4500 cutaway chassis i

With advancements in technology, the demand or connected cars is rising. As a result, the global automotive software market revenue is projected to grow from $28,214.6 million in 2019 to $78,894.2 million by 2030, at a 12.4% CAGR between 2020 and 2030.  This is because connected cars are equally dependent on software as on the mechanical components. In essence, it is the increasing number of fatal accidents which is leading to the rising demand for connected cars, according to the market

NI This August, the China Association for Automobile Manufacturers published T/CAAMTB 15-2020, a new standard test method for vehicle millimeter wave (mmWave) automotive radar. This standard establishes unified requirements for testing mmWave radars for Chinese radar manufacturers, with a goal of improving the safety of ADAS features that rely on this sensor, such as autonomous emergency braking. The Tsinghua University Suzhou Automobile Research Institute formed a multidisciplinary

Meritor, Inc. and Daimler Trucks North America (DTNA) announced that Meritor® EX+™ LS air disc brakes (ADB) will be standard on all-wheel positions on Freightliner Cascadia® truck models through 2025. The award is part of a broader five-year extension of the current agreement with DTNA that includes Meritor's axles, drivelines, drum brakes, industrial and aftermarket products for the North America market through 2027. "DTNA's decision to provide EX+ L

Global power leader Cummins Inc. (NYSE: CMI) and Navistar International Corporation (NYSE: NAV) will work together on the development of a class 8 truck powered by hydrogen fuel cells. The project will be funded in part through an award from the U.S. Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) previously announced in August, as part of DOE’s “H2@Scale” initiative to develop affordable hydrogen production, storage, dist

Vehicle Acquisition Network (VAN) is pleased to announce that it now has integration with the Accu-Trade Vin-Dow software directly through the VAN system. Tom Gregg, President of Vehicle Acquisition Network said, "We are excited about the prospects of having a full featured valuation tool like Vin-Dow that can operate in tandem with the VAN software for our dealer partners." All current Accu-Trade Vin-Dow customers will be able to enable Vin-Dow directly in their browser while using