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The Connected Car Market Will Endure a 15% Shipment Decline, Flat Revenues in 2020; Sales Return on Trend Early 2022

LONDON, July 28, 2020 /PRNewswire/ -- After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020. However, both embedded and aftermarket segments will see accelerated growth in 2021, and sales should return to trend in early 202...

2020-07-28 16:00 2808

GLM Announces 1st Prototype of Unique "Next-generation SiC Inverter-compatible 800V System"

KYOTO, Japan, July 28, 2020 /PRNewswire/ -- GLM Co., Ltd., a Kyoto, Japan-based developer and marketer of electric vehicles (EVs), has announced the next phase in its development of a "next-generation SiC inverter-compatible 800V system" equipped with a ROHM SiC power module, which GLM announced ...

2020-07-28 13:00 3831

TI Fluid Systems is Awarded the London Stock Exchange's Green Economy Mark

AUBURN HILLS, Michigan, July 27, 2020 /PRNewswire/ -- TI Fluid Systems (LSE:TIFS), a leading global supplier of automotive fluid systems technology, is part of the 2020 cohort of issuers to receive London Stock Exchange's Green Economy Mark.

2020-07-27 20:07 3416

Volkswagen Group officially grants UL extended approval as an external testing laboratory

UL laboratory in Germany listed for emission chamber testing according to PV 3942 KREFELD, Germany, July 27, 2020 /PRNewswire/ -- UL's materials testing laboratory in Krefeld,Germany, has been approved as an external laboratory for emission testing according to PV 3942 for Volkswagen component v...

2020-07-27 09:05 3057

Veoneer: Financial Report April - June 2020

STOCKHOLM, July 24, 2020 /PRNewswire/ -- Financial Summary - Q2'20 * Underlying financial results better than expected, due to our Market Adjustment Initiatives (MAI) * Net Sales of $184 million declined 62% including an Organic Sales1)  decline of 53% * Active Safety Net Sales of $79 milli...

2020-07-24 18:27 18791

China's CRRC and Australian Local Partners to Share International Day of Friendship

SYDNEY, July 24, 2020 /PRNewswire/ -- As part of its 2019 Australian Corporate Social Responsibility Report, the China Railway Rolling Stock Corporation (CRRC) has committed to further extended ties with local industry players ahead of the United Nations International Day of Friendship onJuly 30t...

2020-07-24 16:11 3829

ReCarbon, Inc. and HYZON Motors, Inc. in collaboration to commercialize green hydrogen powered heavy trucks and buses

SANTA CLARA, Calif., July 24, 2020 /PRNewswire/ -- ReCarbon, Inc., ( https://recarboninc.com ) the developer of the proprietary Plasma Carbon Conversion Unit (PCCU), a revolutionary greenhouse gas utilization technology, today announced the execution of a Memorandum of U...

2020-07-24 07:17 4087

Charging Infrastructure Advancements Expected to Close Gap in Sales for Canadian EV Market

Introduction of non-cash incentives will boost EV adoption, says Frost & Sullivan SANTA CLARA, Calif., July 23, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Strategic Analysis of the Canadian EV Market, predicts that the Canadian electric vehicle (EV) market is likely to experience a ...

2020-07-23 20:12 3418

ReCarbon, Inc. and HYZON Motors, Inc. in collaboration to commercialize green hydrogen powered heavy trucks and buses

SANTA CLARA, Calif., July 23, 2020 /PRNewswire/ -- ReCarbon, Inc., ( https://recarboninc.com ) the developer of the proprietary Plasma Carbon Conversion Unit (PCCU), a revolutionary greenhouse gas utilization technology, today announced the execution of a Memorandum of...

2020-07-23 14:06 4377

Cleantech Firm FuelActive Primed For Growth After Securing Investments, Technology Grant Funding and Leadership Changes

TAFF'S WELL, Wales, July 23, 2020 /PRNewswire/ -- FuelActive, renowned for its innovative technology solutions for diesel engines announces new investment from the Development Bank ofWales and private equity funds from Adjuvo; grant funding from Innovate UK to support technology development; and ...

2020-07-23 08:00 4573

KPS Capital Partners To Acquire AM General LLC

NEW YORK, July 22, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire AM General LLC ("AM General" or the "Company") from an affiliate of MacAndrews & Forbes Incorporated. Financial terms of...

2020-07-22 21:30 4386

China amongst top five countries for autonomous vehicles-related industry partnerships, finds KPMG global index

HONG KONG, July 21, 2020 /PRNewswire/ -- China is one of the top five performing countries in terms of securing the highest score in autonomous vehicles (AVs)-related industry partnerships, rising from thirteenth place last year, according to a KPMG global report. In addition,Beijing was ident...

2020-07-22 08:45 3255

Frost & Sullivan Applaudes AWS for Leading the Automotive Cloud Services Market with a Comprehensive Suite of Solutions

AWS complements its large ecosystem of solutions and partners with a deep focus on customer experience SANTA CLARA, California, July 22, 2020 /PRNewswire/ -- Based on its recent analysis of global automotive cloud services platforms for the mobility industry, Frost & Sullivan recognizesAmazon We...

2020-07-22 01:21 3589

Surgere: AutoSphere Gains Altitude - Faster Than Ever

CLEVELAND and TOKYO and ANTWERP, Belgium and AGUASCALIENTES, Mexico, July 21, 2020 /PRNewswire/ -- The Surgere Automotive Supply Chain Community has reached record numbers. The community's amazing growth includes 136 sites in theNorth America and 64 sites in Asia Pacific since January 2020. AutoS...

2020-07-21 22:07 3559

SKF Half-year report 2020: Continued very strong operating result, despite sharp fall in demand

GOTHENBURG, Sweden, July 21, 2020 /PRNewswire/ -- Alrik Danielson, President and CEO: "We have delivered another very strong operating result, despite sales falling by 25% during the second quarter. This performance allowed us to continue to build a stronger SKF, maintaining high levels of inves...

2020-07-21 14:19 12178

Nine Leading Businesses Launch New Initiative to Accelerate Progress to a Net Zero Future

REDMOND, Washington, July 21, 2020 /PRNewswire/ -- The heads of nine companies today announced the establishment of a new initiative to accelerate the transition to a net zero global economy. The initiative, known asTransform to Net Zero, intends to develop and deliver research, guidance, and imp...

2020-07-21 12:02 7421

China's Changzhou National Hi-Tech District renews partnership with German multinational ThyssenKrupp

CHANGZHOU, China, July 20, 2020 /PRNewswire/ -- German multinational conglomerate ThyssenKrupp recently renewed its partnership with Changzhou National Hi-Tech District (CND), inChangzhou, representing its fifth investment in the Chinese city in five years.

2020-07-20 17:00 3933

Unispectral Debuts Industry's First Mass Market ColorIR™ Tunable NIR Filter and Spectral IR Camera

TEL AVIV, Israel, July 20, 2020 /PRNewswire/ -- Unispectral , developer of the ColorIR™ filter, today announced the availability of a new Evaluation Kit for its tunable NIR filter and camera. The core product consists of a tunable MEMS filter assembled on a camera ...

2020-07-20 07:01 4573

Esaote "Takes to the Track" Alongside Ducati Team for MotoGP 2020's First Grand Prix Back

Sunday 19 July, Jerez de la Frontera (Spain) Esaote and Ducati Corse confirm their partnership, which is centred around innovation in performance and Italian style GENOA, Italy, July 17, 2020 /PRNewswire/ -- The first MotoGP 2020 Grand Prix after the long pause triggered by the global COVID-19 c...

2020-07-17 19:00 6689

Autoliv: Financial Report April - June 2020

STOCKHOLM, July 17, 2020 /PRNewswire/ -- (NYSE: ALV) and (SSE: ALIV.Sdb) Q2 2020: Adapting to weak but improving LVP  Financial highlights Q2 2020 $1,048m net sales 48% organic sales decline* (22.3)% operating margin (16.4)% adjusted operating margin* $(2.00) EPS - a decrease of $3.25 $(1.40) adj...

2020-07-17 18:45 22566
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