Westlake Financial’s Visorbot is Shaping the Future of Auto Financing
LOS ANGELES–(BUSINESS WIRE)–In the ever-evolving landscape of auto finance, Westlake Financial is setting the pace. Every day Westlake’s Visorbot, a proprietary AI and machine learning...
ECM Unveils Premium Efficiency, Ultra-light, Next Gen, PCB Stator Pump Motor
The three horsepower, printed circuit board stator, axial flux machine offers a sustainable solution for pump systems via greater power, efficiency, and durability in a...
J.D. Power-GlobalData U.S. Automotive Forecast for July 2023
New-Vehicle Sales up 21.5% in July, Marking Fourth Consecutive Month of Double-Digit Growth TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Total Sales Forecast Total new-vehicle sales for...
Tula Technology to Participate in J.P. Morgan Auto Conference
SAN JOSE, Calif.–(BUSINESS WIRE)–#DMD–Tula Technology, Inc., a leader in propulsion efficiency, will present at the J.P. Morgan Auto Conference in New York, N.Y., on Thursday,...
Eaton Unveils Industry-First Approach to Simplify and Accelerate Fleet EV Charging, Reducing Installation Time by 40%
EV Charging Busway raises the bar for charging system flexibility and modularity with proven electrical technology PITTSBURGH–(BUSINESS WIRE)–Intelligent power management company Eaton announced a game-changing...
Iteris Chosen to Support Intelligent Transportation Systems Project in Mérida, Mexico
Iteris selected to modernize public transit in the Yucatán Capital, as part of USTDA-funded technical assistance USTDA technical assistance project will provide a roadmap for...
Mercedes-Benz Group AG Supervisory Board reappoints Ola Källenius and Markus Schäfer and sharpens areas of responsibility of Board of Management
Early reappointment of Ola Källenius as Chairman of the Board of Management of Mercedes-Benz Group AG and Markus Schäfer (Chief Technology Officer and Board of...
SigmaSense Named to EE Times’ Silicon 100: Emerging Companies to Watch in 2023
AUSTIN, Texas–(BUSINESS WIRE)–SigmaSense has earned a position on EE Times’ renowned annual Silicon 100 list of “Emerging Companies to Watch in 2023.” This list recognizes...
Bringing the in-vehicle sound experience to the next level: Asahi Kasei Microdevices launches sales of AK7709VQ multicore DSP for automotive applications
DÜSSELDORF, Germany & NOVI, Mich. & TOKYO–(BUSINESS WIRE)–Asahi Kasei Microdevices (AKM) has launched the AK7709VQ, a new multicore digital signal processor (DSP) conceived for next-generation...
onsemi and Magna Sign Strategic Agreements to Invest in Silicon Carbide for Growing Electric Vehicle Market
Magna to integrate onsemi EliteSiC into its traction inverter solutions to improve range and efficiency of electric vehicles SCOTTSDALE, Ariz. & AURORA, Ontario–(BUSINESS WIRE)–onsemi (Nasdaq:...
Camping World Acquires the Assets of Breeden RV, Opens Its 200th RV Dealership
LINCOLNSHIRE, Ill.–(BUSINESS WIRE)–Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced the opening of 200th RV dealership in...
Asahi Kasei Begins Licensing of Design and Manufacturing Technology for Lithium-Ion Capacitor as Next-Generation Energy Storage Device
Novel doping method enables enhanced capacity and improved input/output performance at lower manufacturing cost using generally available materials and equipment NOVI, Mich. & NEW YORK...
Holley Inc. to Release Second Quarter 2023 Results on August 10, 2023
BOWLING GREEN, Ky.–(BUSINESS WIRE)–Holley Inc. (NYSE: HLLY), the leading platform serving performance automotive enthusiasts, today announced the date for the release of its second quarter...
Alabama Hands-Free Law Reduces Distracted Driving 2.4%
New data from Cambridge Mobile Telematics shows a 3-second drop in the first month, but results are already fading CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Mobile Telematics (CMT),...
EVgo Introduces “Charge Talk” Video Series to Answer Current and Future EV Drivers’ Biggest Questions on EV Charging
New video series featuring EVgo leadership debuts as part of ongoing commitment to customer education LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”),...
LiveWire Group, Inc. Reports Second Quarter Financial Results
MILWAUKEE–(BUSINESS WIRE)–LiveWire Group, Inc. (“LiveWire”) (NYSE: LVWR) today reported second quarter results. “Throughout Q2, we saw high anticipation for Del Mar™, the first bike on...
Piedmont Lithium’s Tennessee Project Receives Final Permit Required to Advance to Construction
Tennessee Lithium to provide IRA-qualified lithium hydroxide to growing U.S. market Piedmont now holds all the material permits required to commence project construction Tennessee Lithium’s...
Sonic Automotive Reports All-Time Record Quarterly Revenues
Previously Announced Strategic Adjustments to EchoPark Business Expected to Enhance Near-Term Performance While Maintaining Long-Term Strategic Plan CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,”...
WEX Venture Capital Seeks to Invest up to $100M to Help Advance EV Fleet Transition
Investments will likely target early-stage startups to nurture the next generation of electrification and to align with WEX’s mission to lead the energy transition to...
Textron Reports Second Quarter 2023 Results; Raises Full-Year EPS Outlook
EPS of $1.30; adjusted EPS of $1.46, up 32% from a year ago Net cash from operating activities of $314 million in the second quarter...
Li-Cycle’s CEO and Co-founder Ajay Kochhar Provides Expert Insights on Electronic Waste & Battery Recycling Solutions Before the U.S. Senate Committee on Environment and Public Works
TORONTO–(BUSINESS WIRE)–Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in...
Shin-Etsu to enhance its high-performance silicones products and expand its line-up of eco-friendly products
Will make a large-scale investment of ¥100 billion TOKYO–(BUSINESS WIRE)–Shin-Etsu Chemical (Head Office: Tokyo, Japan; President: Yasuhiko Saitoh) announced it would make a new ¥100...
Renesas Reports Financial Results for the Second Quarter Ended June 30, 2023
TOKYO–(BUSINESS WIRE)–#Q22023Earnings–Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the six months ended June 30, 2023. Summary of Consolidated...
Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding
LOS ANGELES–(BUSINESS WIRE)–Surf Air Mobility Inc. (“Surf Air Mobility” or “SAM”), a regional air travel company aiming to sustainably connect the world’s communities, today announced...
VSE Corporation Announces Second Quarter 2023 Results
Record Revenue for Aviation and Fleet Segments Raising Full-Year Revenue Guidance and Maintaining Positive Second-Half Free Cash Flow ALEXANDRIA, Va.–(BUSINESS WIRE)–VSE Corporation (NASDAQ: VSEC, “VSE”,...
QuantumScape Reports Second Quarter 2023 Business and Financial Results
SAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the second...
Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army’s Optionally Manned Fighting Vehicle Program
Team Lynx, led by ARV, will now provide detailed designs, test and build prototypes of Next Generation Combat Vehicle equipped with Allison’s eGen Force electric...
Blue Bird to Report Fiscal 2023 Third Quarter Results on August 9, 2023
Webcast and Conference Call Scheduled for 4:30PM ET MACON, Ga.–(BUSINESS WIRE)–Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release...
Mercedes-Benz Group AG Raises Full-Year Guidance Based on Solid Financial Results in the Second Quarter
STUTTGART, Germany–(BUSINESS WIRE)–Due to the solid financial performance in the second quarter of 2023, Mercedes-Benz Group today updated its full-year outlook: Industrial Free Cash Flow...
Prime Time Shuttle and Opoli Announce Customer Experience Enhancements
Opoli awarded approval by Los Angeles World Airports for on-site customer support at LAX LOS ANGELES–(BUSINESS WIRE)–#ASAPrides–Southern California airport transportation solution providers Prime Time Shuttle...