Press Releases
18 August 2020
Volkswagen Caminhões e Ônibus will supply 1,350 trucks to the Vamos Group - Simpar's arm focused on leasing and selling heavy commercial vehicles -, designed to meet the new demands of its customers. This is the largest heavy industry agreement in the country this year and also a milestone for both companies. This is a historic record, both for sales by the automaker to a customer, and by the rental company in the acquisition of new units in a single lot. Behind the
Read more...The "Global Battery Monitoring System Market, by Component (Hardware and Software), by Type (Wired Battery Monitoring System and Wireless Battery Monitoring System), by Battery Type, by End-User, by Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering. The Global Battery Monitoring System Market was valued at $ 2,490 million in 2019 and is projected to reach USD 5,331 million by 2025. A Battery Mo
Read more...17 August 2020
Power management company Eaton introduced a new and improved product line for its eMobility business. This is the Eaton OMNEX Trusted Wireless™ mobile operating solution for heavy equipment and field operations. This 900 MHz interactive remote control unit allows you to wirelessly operate high value equipment in harsh environments such as mining, construction, agriculture, locomotives and marine markets. “Our next-generation, robust, weatherproof OMNEX wireless controlle
Read more...17 August 2020
Delamination, which is an inherent problem of windshield protective films, refers to a problem in the laminated material of the film due to cracking or falling off of a synthetic resin or adhesive. In other words, it is a phenomenon where the top coating on the film surface interferes with the driver's vision, reduces the vehicle aesthetics, and leaves the film adhesive to damage the windshield of the car. To solve this problem, ULTRAFIT, a manufacturer specializing in automotiv
Read more...Mazda Toyota Manufacturing, (MTM), the new joint-venture between Mazda Motor Corporation and Toyota Motor Corporation, announced an additional $830 million investment to incorporate more cutting-edge manufacturing technologies to its production lines and provide enhanced training to its workforce of up to 4,000 employees. Total funding contributed to the development of the state-of-the-art facility is now $2.311 billion, up from the $1.6 billion originally announced in 2018. The inv
Read more...Frost & Sullivan's recent analysis, Global Light Commercial Vehicle (LCV) Market Outlook, 2020, finds that global sales of LCVs are projected to reach 9.49 million units in 2020, with pickups contributing to 4.62 million units. The global economic impact of COVID-19 caused the market to decline by 19% in global LCV sales from 11.72 million units in 2019. The European market is experiencing the worst hit as countries such as Italy and Spain are facing an average decline in LCV sales of
Read more...13 August 2020
Valvoline Inc., a U.S.-based, leading worldwide supplier of premium branded lubricants and automotive services, announced the launch of Valvoline™ Premium Blue One Solution™ Gen2 — the brand's second iteration of its heavy duty engine oil first released in 2018. The new Premium Blue One Solution Gen2 was developed in partnership with Cummins Spark-Ignited (SI) Engineering and with the end-user in mind. Approved for use in multiple heavy duty, medium-duty, and light-duty
Read more...13 August 2020
ClipperCreek, a leading manufacturer of residential and commercial electric vehicle supply equipment (EVSE), just announced a 40 Amp dual electric vehicle (EV) charging station, available with either hardwired or plug-in options. The HCS-D50 is a 40 Amp level 2 station, installed onto a single dedicated 50A circuit, and can charge two vehicles simultaneously. The HCS-D50 automatically splits power between two vehicles based on the vehicles' requests for power, with up to 20 Amps of electr
Read more...The autonomous driving joint venture of Hyundai Motor Group and Aptiv PLC unveiled its official name and brand identity: Motional . Launched virtually to its employees around the world, the autonomous driving pioneer is making driverless vehicles a safe, reliable and accessible reality. Formed by Hyundai Motor Group , one of the world's largest vehicle manufacturers offering smart mobility solutions, and Aptiv , one of the industry's most innovative technology providers, the
Read more...12 August 2020
On August 11, Human Horizons under its HiPhi brand is excited to announce that its premium all-electric vehicle, known initially by its prototype name, HiPhi 1, will be named the HiPhi X (pronounced 'Hi-Fi-Ex') and will be launched at the 2020 Beijing Auto Show. HiPhi X is a new generation of intelligent all-electric vehicles. Based on the Human Oriented Architecture (HOA), which is OTA (over-the-air) upgradable, HiPhi X features a secure software-developer platform to enabl
Read more...11 August 2020
Silicon Mitus, Inc., an advanced specialist in Power Management Integrated Circuit (PMIC), announced that it has completed the development of automotive OLED PMIC and starts supplying the new products in the global automotive market. Silicon Mitus develops and supplies OLED PMIC with a Korean OLED display manufacturer, which are applied to OLED displays, smartphones, tablets, and laptop computers. Through the addition of the new automotive OLED PMIC, the company is expanding the sco
Read more...Cox Automotive Mobility's Pivet Atlanta facility, located conveniently between downtown Atlanta and Hartsfield-Jackson Atlanta International Airport, completed one of the largest electric vehicle (EV) charging single property installations in the southeast in collaboration with Georgia Power and EV charging network provider ChargePoint. The groundbreaking Smart Technology Project, which includes the installation of 20 Level 2 fleet chargers, six (6) fleet DC Fast Chargers and six (6) publ
Read more...10 August 2020
Hyundai Motor Company today announced the launch of its new IONIQ brand dedicated to battery electric vehicles, opening a new chapter as a leader in the era of electrified mobility. Under the IONIQ brand, Hyundai will offer customer centric EV experiences centered on connected lifestyle solutions in line with Hyundai's vision of 'Progress for Humanity'. Under the IONIQ brand, Hyundai Motor will leverage its industry-leading manufacturing know-how in EVs to introduce thre
Read more...8 August 2020
UL's specialized laboratory for thermoplastic materials in Krefeld, Germany, has been approved as an external laboratory for emissions testing according to PV 3942 for the purpose of validating complete components of Volkswagen. The PV 3942 test analyzes the emissions of organic compounds that are emitted from parts, components and semi-finished products inside vehicles. The Krefeld Materials Laboratory is already approved by the Volkswagen Group for climatic, surface, mechanica
Read more...7 August 2020
MiddleGround Capital announced that it has acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners. This is MiddleGround’s sixth platform acquisition made from its first fund, which closed in August 2019. Dura is a global designer and manufacturer of highly engineered automotive systems. It operates through its mechatronics, lightweight structures and exterior trim segments, making products such as shift-by-wire actuators, advanced driver-as
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