Auto
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...
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 ...
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.
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...
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...
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...
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
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 ...
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
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 ...
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...
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...
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...
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...
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...
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...
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.
Unispectral Debuts Industry's First Mass Market ColorIR™ Tunable NIR Filter and Spectral IR Camera
TEL AVIV, Israel, July 20, 2020 /PRNewswire/ -- Unispectral
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...
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...
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