Press Releases
23 November 2023
Adient a global leader in automotive seating, will participate in the Barclays Global Automotive and Mobility Conference on Thursday, Nov. 30, 2023. Adient's executive vice president and CFO Jerome Dorlack will be participating in a fireside chat at 10:50 a.m. Eastern time. A live webcast of the fireside chat will be available on the investor section of the Adient website (https://investors.adient.com/). About Adient: Adient (NYSE: ADNT) is a global le
Read more...23 November 2023
CATL and Stellantis N.V. today announced the signing of a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis' electric vehicle production in Europe. To further support Stellantis' aggressive electrification strategy, the two companies are considering the possibility to form a joint venture with equivalent contributions. The MoU outlines a long-term collaboration between CATL and Stellantis on two strategic
Read more...22 November 2023
SimScale GmbH announced new features for engineers focused on structural and mechanical simulation, including large scale vibration analysis and modal-based harmonics. SimScale is a cloud-native engineering simulation software used globally by the automotive, manufacturing, medical, turbomachinery, buildings, and electronics industries. With the release of modal-based harmonics in SimScale, engineers can now perform vibration analysis on complex CAD models using a single analysis ty
Read more...22 November 2023
TVS Motor Company a leading global automobile manufacturer operating in the two and three wheeler segments – today announced the launch of the TVS NEO AMI 125 in Africa. Aimed to meet the evolving needs of everyday travel, this innovative Bebek is expected to delight customers with its 72 exciting new features. The TVS NEO AMI, a remarkable Bebek, is built around three fundamental principles: (a) perfect dimensions, (b) ultimate convenience and (c) intelligent innovation. The
Read more...21 November 2023
Hyundai Motor Company today announced that its brand value reached $20.4 billion in Interbrand's 'Best Global Brands 2023', ascending in valuation for 13 straight years. This represents the third highest year-over-year valuation increase out of 100 brands. The company's brand rank rose from 35th to 32nd — the first increase in rank since 2016, based in part on Hyundai Motor's accelerated electrification and future mobility vision. In 2014, Hyundai Motor'
Read more...21 November 2023
On November 16, the launch of the Mexican brand GAC MOTOR was successfully held at the Centro Citibanamex exhibition center in Mexico City. At the launch, the official debut of the All New GS8 and EMZOOM was witnessed by more than 400 distinguished guests, including Mexico's top media outlets, key opinion leaders (KOL) and collaboration partners. Mr. Yan Zhuangli, Vice President of GAC Group, emphasized during the launch: "Today marks the official entry of GAC MOTOR into th
Read more...20 November 2023
Greenland Technologies Holding Corporation a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced its unaudited financial results for the third quarter and nine month period ended September 30, 2023. Raymond Wang, Chief Executive Officer of Greenland Technologies, said, "We have made considerable progress in our business expansion over the past year and are very optimistic in
Read more...18 November 2023
Car buyers are increasingly prioritizing safety features when purchasing a vehicle. According to Rocket Auto, more than 70% of drivers will pay more for cars with top safety features. As roads become more congested and accidents more prevalent, people seek cars equipped with advanced technologies that can protect them and their loved ones. From anti-lock braking systems to collision mitigation, drivers are willing to invest in automobiles that prioritize their safety. VinFast, the e
Read more...Hertz and EVgo Inc. one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced a joint promotion to offer one year of special charging rates to drivers renting any EV model at a Hertz location across the country. Available exclusively to new EVgo customers, drivers who sign up for this promotion can save when they plug in across EVgo’s nationwide network with no monthly subscription fees or session fees for one year.* “He
Read more...17 November 2023
TVS Motor Company – a leading global automobile manufacturer operating in the two- and three-wheeler segment – today announced its entry into Europe and signed an import and distribution agreement with Emil Frey, a 100-year-old old company and a leading provider in automobile sales. This partnership represents a crucial step for TVS Motor Company in its global expansion journey. It benefits from Emil Frey's extensive sales network and the company's extensiv
Read more...17 November 2023
Privacy4Cars, a privacy-tech company focused on solving privacy challenges posed by vehicles, announced new features and the expansion into Europe of its groundbreaking Vehicle Privacy Report™ tool. After its successful US launch in May 2023, a series of critical media reports and regulatory investigations brought international attention to the importance of automotive privacy. Consumer feedback poured in from across the globe, leading Privacy4Cars to prioritize this major update.
Read more...Point One Navigation, a leader in cutting-edge location technology, proudly introduces the Atlas Inertial Navigation System (INS). Atlas represents a leap forward in real-time precision location technology, offering unprecedented accuracy and affordability to autonomous vehicles, mapping, and other applications. Legacy INS solutions require extensive post-processing to achieve the high levels of precision required for highly accurate mapping and observability applications. Until now
Read more...16 November 2023
With a few days remaining before the Los Angeles Auto Show® opens its doors to hundreds of thousands of consumers on November 17-26, organizers have released the results of an EV-focused survey conducted last week to previous attendees of the annual event. The results highlight the strengths of the current electric vehicle marketplace. Insights from 2023 LA Auto Show EV Survey include: 65% are considering an EV purchase 47% were more
Read more...16 November 2023
ChargePoint a leading provider of networked charging solutions for electric vehicles (EVs), announced today the first large scale deployment of its new Express Plus Power Link 2000 DC fast charging platform. The Power Link system, capable of delivering charging speeds up to 500kW, debuted today as the charging hardware and software driving the fastest public charging network in North America: Mercedes-Benz HPC NA. “With the deployment of Express Plus Power Link 2000, ChargePoi
Read more...Cleveland-based electric mobility and portable battery manufacturer LAND announces the second production run of The District is available now. The second run of electric motorcycles will offer the same Cleveland-made quality, versatile design and lightweight profile, but features new performance and lifestyle accessories and a lower price. "Incoming investment has helped us stabilize and scale production and grow our sales network, and in turn, lower costs," LAND Founder a
Read more...