BorgWarner agreed to form a joint venture with Shaanxi Fast Auto Drive Group, a China-based market-leading commercial vehicle (CV) parts supplier specializing in transmission and drivetrain systems.
“By jointly working on a high-voltage inverter application for high-efficiency vehicles such as heavy-duty trucks and off-road vehicles, this joint venture will support our business growth for power…
Stellantis Ventures, the corporate venture fund of Stellantis N.V., said it will participate as a strategic investor in Tiamat, a France-based company that is developing and commercializing sodium-ion battery technology. Sodium-ion technology offers a lower cost per kilowatt-hour and is free of lithium and cobalt. Abundantly available sodium offers benefits in increased sustainability and material…
GreenPower Motor Company revealed that the company delivered 10 EV Star Cab and Chassis at the end of the fourth quarter last year, on Dec. 31.
“GreenPower delivered 10 EV Star Cab and Chassis to the Canadian unit of a global retailer who will upfit the vehicles…
ChargePoint, a provider of electric vehicle (EV) charging solutions, introduced a strategic reorganization to improve financial performance and foster growth. The reorganization includes a reduction of about 12% of its global workforce. The company said its reorganization is expected to result in approximately $14 million in restructuring charges, comprising around $10 million in severance and…
Detroit Manufacturing Systems (DMS) and InductEV reached an agreement where DMS, a large-scale, U.S.-based assembly provider, will bring its operations, manufacturing, quality by design and supply chain expertise to InductEV allowing the latter to scale to meet customer demand.
Under the terms of this agreement, DMS will:…
Canoo announced it’s growing its team across Oklahoma to scale manufacturing and meet customer deliveries of 18,000 committed orders representing $750 million in revenue over multiple years. Canoo said it created over 100 new jobs in the state of Oklahoma and the state is now home to 20% of Canoo’s total workforce. This announcement…
MAN Truck & Bus, a European commercial vehicle manufacturer, and ABB E-mobility entered a cooperation agreement at the 2024 Consumer Electronics (CES) show in Las Vegas. The strategic partnership, primarily focused on research and development, aims to enhance collaboration in the commercial vehicle industry, the companies said.
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Design Engineering Inc. (DEI) recently released its EV Fire Blanket, which the company says has been engineered specifically for the evolving landscape of electric vehicle (EV) technology, particularly concerning lithium-polymer (LiPo) batteries and electrical systems.
With a 30-minute burn-through time, the company says the EV Fire Blanket provides a window for containment and suppression in…
Zipcar launched an EV initiative in 10 U.S. cities, university campuses, and commercial and residential businesses nationwide to bring EVs to drivers who need access to a vehicle. The initiative is rolling out in Boston, Chicago, New York City, San Francisco, Los Angeles, Portland, Seattle, Baltimore, Denver and Philadelphia.
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If you’re one of the tens of thousands of aftermarket professionals who attended this year’s AAPEX Show in Las Vegas, you might have noticed that some people were wearing green shoes on Wednesday, Nov. 1. If you took a long look at those green sneakers, that’s a good thing. It was a fashion statement meant…