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Next.e.GO Mobile SE, the German BEV producer, announces a new micro factory in Bulgaria
- € 140 Million to be invested in a disruptive and fully connected micro-factory in Lovech,Bulgaria. - With the capacity of up to 30,000 vehicles per year, the start of production is expected in Q1, 2024. - The project underpins company's decentralized global growth strategy, leveraging its dis...
NOFFZ Technologies Lauded by Frost & Sullivan for Elevating the Quality of Testing in the Automotive Industry with Its UTP 5065 Radar Test System
Its compact size, flexibility, and accuracy helps clients cost-effectively address the production test requirement of any radar sensor LONDON, July 14, 2021 /PRNewswire/ -- Based on its recent analysis of the European automotive radar test market,Frost & Sullivan recognizes NOFFZ Technologies Gm...
Rising Fuel Costs, Pollution, and Urbanization to Propel Electric Vehicle Adoption in India
SANTA CLARA, Calif., July 14, 2021 /PRNewswire/ -- The nascent Indian electric vehicle (EV) market is fast emerging as a sunrise sector, and the country is expected to aggressively push toward electrification. Frost & Sullivan's recent analysis, Indian Electric Vehicle Growth Opportunities, finds...
Veoneer Honored Best Quality Award by Great Wall Motor
STOCKHOLM, July 14, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), was awarded the 2020 Best Quality Award at the Great Wall Motor (GWM) Annual Global Partners Conference. On July 4, 2021, GWM arranged their annual global partners conference i...
Jeff Evanson Joins p-Chip Corp Advisory Board
CHICAGO, July 14, 2021 /PRNewswire/ -- p-Chip Corp, a company that is revolutionizing the tracking of physical products and materials with its breakthrough microtransponder technology, today announced thatJeff Evanson has joined the company's Advisory Board via an engagement with Traust IP Financ...
Gotion High-tech Will Provide Products & Technical Support of Unified Cells for Volkswagen
HEFEI, China, July 13, 2021 /PRNewswire/ -- On July 12, Gotion High-tech and Volkswagen Group reached a strategic cooperation framework agreement . The goal of both partners is to industrialize the planned battery cell production at the Salzgitter site of Volkswagen Group Components, and Gotio...
SiriusXM Connected Vehicle named 2020 Company of the Year in the Telematics Industry by Frost & Sullivan for its Connected Vehicle Platform and Groundbreaking New Safety Solution, ACN+
SANTA CLARA, Calif., July 13, 2021 /PRNewswire/ -- Based on its recent analysis of the North American telematics market,Frost & Sullivan recognizes Sirius XM Connected Vehicles Service, Inc. (SiriusXM CV) with the 2020 North American Company of the Year Award in the Telematics Industry. The compa...
Automotive Transformation Group Created to Revolutionise Vehicle Sales Enabling Billions in Online Sales as Industry Rapidly Digitises
* Automotive Transformation Group is officially launched today as new entity for recently merged leading auto industry suppliers, Autofutura and GForces * With a mission to transform the automotive sales process for OEMs, dealers, financiers and of course, consumers, its data and technology so...
eCommerce to Emerge as Mainstream Distribution Channel in Global Automotive Aftermarket by 2025
Revenues from online sales in the aftermarket are estimated to grow at 14% in 2021, finds Frost & Sullivan SANTA CLARA, Calif., July 13, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, Global Aftermarket Outlook, 2021, finds that the global automotive aftermarket will gather momentum th...
The 10 Millionth Engine of GWM is Born and another 23 power plans announced
BAODING, China, July 13, 2021 /PRNewswire/ -- Recently, the 10 millionth engine of GWM's HYCET rolled off the assembly line officially, making GWM the first company with a scale of 10 million engines among Chinese auto brands. HYCET has declared that it will launch 23 engine products based on fou...
Algolux Closes $18.4 Million Series B Round for Robust Computer Vision
MONTREAL, July 12, 2021 /PRNewswire/ -- Algolux, a globally recognized computer vision software company, today announced it has raised$18.4 million in Series B funding. This round was co-led by Forte Ventures and Drive Capital with additional funding from new investors Investissement Quebec, Cast...
KYMCO and Taiwan Taxi Announce Partnership to Electrify Taiwan's Largest Two-wheeler B2B Delivery Fleets with Ionex
TAIPEI, July 9, 2021 /PRNewswire/ -- KYMCO announced a strategic partnership with Taiwan Taxi to transform the 26,000 two-wheeler delivery fleets operated by its subsidiary GBG Express to Ionex electric vehicles. GBG Express is the largest B2B delivery company inTaiwan specializing in last-mile d...
A powerful combination - IGEL Electric and Solcon Industries join forces
DORTMUND, Germany, July 9, 2021 /PRNewswire/ -- Solid state motor powerhouse Solcon Industries and leading drive technology specialist IGEL Electric are planning to combine their strengths and merge under the brandSOLCON IGEL – POWERED. SOLCON IGEL – POWERED will be a leading force in the indus...
TI Fluid Systems Supplies Thermal Systems On Jeep® Wrangler 4xe
AUBURN HILLS, Mich., July 8, 2021 /PRNewswire/ -- TI Fluid Systems (LSE:TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will supply the thermal coolant fluid carrying systems for the new 2021 Jeep® Wrangler 4xe plug-in hybrid. The most technologica...
Mobility in 2030: Explore the Top Transformative Trends Reshaping the Industry
Frost & Sullivan's must-attend Intelligent Mobility Summit will reveal how the mobility industry can reshape the future and create long-term value SANTA CLARA, Calif., July 8, 2021 /PRNewswire/ -- With the ongoing COVID-19 crisis accelerating transformations, innovative, digitally driven business...
New Clarivate Report Identifies Battery Capacity and Charging Technologies as Key to Accelerating Electric Vehicle Adoption
State of innovation in electric vehicles, design challenges and opportunities uncovered by combining the power of unified IP with global research data insights LONDON, July 8, 2021 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a global leader in providing trusted information and insights to acceler...
EasyCompare Donates 1,205,425 THB to Help Underprivileged Thai Children During COVID-19 Crisis
BANGKOK, July 8, 2021 /PRNewswire/ -- The donation from EasyCompare
GWM Plans to Invest RMB 100 billion in R&D Targeting New Energy and Intelligent Fields in the Coming Five Years
BAODING, China, July 7, 2021 /PRNewswire/ -- Recently, GWM held the 8th Technology Festival in Baoding at its headquarters. At the opening ceremony, GWM ChairmanJack Wei emphasized the next-generation clean energy-driven smart cars would constitute the new pattern in future automobile industry d...
LG Innotek Won GM Supplier Quality Excellence Award for Four Consecutive Years
* LG Innotek proved the globally competitive quality of its automotive components. * LG Innotek will accelerate its efforts in targeting the next-generation automotive component market. SEOUL, South Korea, July 7, 2021 /PRNewswire/ -- LG Innotek announced on the 6th that it won the 2020 GM ...
INEOS reveals Grenadier interior: ready for anything work and life throws at it
- Innovative design proves that a capable body-on-frame 4X4 can still deliver on modern comfort and refinement - As with the exterior design, the focus is on practicality and utility – from switches and dials, to stowage and customisation options - Interior is built to endure, with hard-wearing ...
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