Press Releases
The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Dream Motor Group (“Dream”) on its acquisition of Bill Seidle’s Nissan and Bill Seidle’s Mitsubishi in Doral, Fla., from Bill Seidle’s Automotive Group. The sale of the two adjacent dealerships and their related real estate cl
Read more...Hyundai Translead announced a new strategic partnership with Lytx to expand the integration of HT LinkVue, further strengthening trailer visibility, operational efficiency, and connectivity across fleet operations. Lytx is a leader in telematics solutions, delivering data‑driven insights that improve performance and efficiency. The collaboration enables fleets to seamlessly incorporate HT LinkVue’s 360-degree trailer camera system into the Lytx platform, allowing trailer vid
Read more...The Battery Show South and Electric & Hybrid Technology Expo South, and Energy Storage South, the premier event for advanced battery, EV technology, and energy storage innovation, has announced the education programming for the 2026 event. Taking place at the Charlotte Convention Center on April 22–23, 2026, the expo and conference will feature thought-provoking presentations from industry leaders shaping the future of electrificati
Read more...2 April 2026
Emobi, North America's largest EV charging roaming and JustPlug infrastructure, today announced a partnership with DIMO, the access layer for shared vehicle infrastructure, provisioning identity, keys, and payments scoped to every session. The collaboration launched the first fleet-ready device to enable secure Plug & Charge using Emobi's JustPlug™ solution, built on ISO 15118 standards. Unlike existing Plug & Charge implementations that rely on automaker-issued certific
Read more...Hanon Systems a leading global automotive thermal management supplier and subsidiary of Hankook & Company Group, today announced the company is supplying its innovative highly integrated cooling entity for electric vehicles. The very compact and multifunctional thermal management module is designed to integrate several components – including the innovative eCompressor, electronic expansion valve block, a combined water-cooled condenser, and internal heat exchanger, chiller
Read more...1 April 2026
As fleet electrification expands, enterprise operators require higher standards of security and compliance from charging partners. Public charging infrastructure developer and operator Greenlane has fulfilled this need, completing its System and Organization Controls (SOC) 2 Type 2 examination and report, covering the period from December 1, 2024, through November 30, 2025. The independent examination reflects the company's commitment to data security, operational integrity, and enterpris
Read more...Philatron Wire and Cable, a leading U.S. manufacturer of advanced wire and cable technologies, will showcase its next-generation electric vehicle (EV) charging cable solutions at the Advanced Clean Transportation (ACT) Expo 2026, taking place at the Las Vegas Convention Center EXPO Hall. Attendees are invited to visit Booth #2312 to explore Philatron's innovative EV charging cable technologies designed to support the rapidly expanding global EV infrastructure market. As electrif
Read more...AXN Automotive Systems, a member of global mobility leader Randoncorp, announced a significant investment in its new Louisville, Ky., facility. The expansion into a larger, more advanced manufacturing space enables new production capabilities, the launch of additional product lines, and the creation of new jobs. AXN anticipates doubling its workforce in the years. AXN anticipates production at its new facility to reach 100,000 axles annually. This investment reflects our deep commit
Read more...27 March 2026
A new study from the Insurance Institute for Highway Safety's, Highway Loss Data Institute (HLDI) finds that Mazda's advanced driver assistance technologies deliver significant and compounding crash reduction benefits as systems are bundled together and continuously updated. HLDI's analysis of 2015–2023 Mazda vehicles examined six feature bundles and four stand-alone systems. The findings show that Mazda's investments in advanced safety engineering — incl
Read more...26 March 2026
On March 23, the 47th Bangkok International Motor Show officially opened. Centered on "service upgrading", GAC INTERNATIONAL launched GAC CARE – its first overseas service brand – at the show, fully unveiled its upgrade "Thailand Action 2.0" strategy, and debuted the new AION V 500KM variant. These milestones – from service system enhancement and localized strategy upgrading to product renewal – marking GAC's entry into a leading phase in the Th
Read more...25 March 2026
During the recent AutoSec Europe 2026 and SDV & AIDV Europe 2026 summits held concurrently in Frankfurt, a leading provider of automotive radar chips and UWB chips, Calterah, introduced its technical approach to radar SoC (system-on-chip) cybersecurity and its AI-driven, chip-centric development platform aimed at addressing pain points in automotive radar development. Founded in 2014, Calterah has established itself as a proven leader in mmWave radar chips and a leading innovato
Read more...Hyundai earned six 2026 TOP SAFETY PICK+ (TSP+) and one 2026 TOP SAFETY PICK (TSP) awards from the Insurance Institute of Highway Safety (IIHS), highlighting the brand's commitment to crashworthiness and occupant protection. The 2026 IIHS evaluations now require a good rating in the moderate front overlap test for both awards and feature stricter standards for back seat passenger safety. The Hyundai 2026 TSP+ awarded vehicles include the 2026 IONIQ 5, IONIQ 9, Sonata, Kona, Tucson, and Sa
Read more...RNR Tire Express (RNR), the leading franchise retailer for tires and custom wheels, today announced the launch of DX3 Brands, a new multi-brand franchisor company that will serve as the parent organization for RNR Tire Express while supporting the growth of additional concepts, beginning with Gigglewaters, an award-winning dining and entertainment concept that combines a full-service restaurant and bar with a one-screen classic movie theatre. Gigglewaters delivers a uniquely immersive 'ea
Read more...24 March 2026
SK Signet (KONEX: 260870), a global manufacturer of high-power EV charging solutions based in South Korea, announced that it has launched its new 400kW All-in-One ultra-fast EV charger. This next-generation model simultaneously improves energy and space efficiency through high-density silicon carbide (SiC)-based power modules and a high-efficiency power design. With this launch, SK Signet plans to strengthen its high-power tech leadership in North America and establish a deeper foot
Read more...23 March 2026
QCraft, a global leader in autonomous driving AI, today announced the completion of a $100 million new Series D funding round. The round was completed by a consortium of investors including Ningbo Ninghai Xingtaihe Fund, Wonderland Capital, Liangxi Science and Innovation Industry Investment Fund Partnership (managed by Broad Vision Funds), as well as strategic investors from a leading OEM and automotive electronics components supplier. The proceeds will be directed toward
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