Ford Motor Company

Worksport Set to Launch Innovative SOLIS & COR System This Summer, Providing Options for Partnerships with Tesla, GM, and Ford.

Retrieved on: 
Thursday, March 7, 2024

Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.

Key Points: 
  • Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.
  • Worksport currently has open conversations with multiple OEM vehicle brands and has previously announced the production of prototypes for Hyundai.
  • Fitment of the Worksport SOLIS with the Tesla Cybertruck is yet to be determined, but possible.
  • For more information about Worksport Ltd., the SOLIS Solar Cover, and the COR Battery System, please visit investor.worksport.com/press-releases/ .

Worksport Set to Launch Innovative SOLIS & COR System This Summer, Providing Options for Partnerships with Tesla, GM, and Ford.

Retrieved on: 
Wednesday, March 6, 2024

Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.

Key Points: 
  • Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.
  • Worksport currently has open conversations with multiple OEM vehicle brands and has previously announced the production of prototypes for Hyundai.
  • Fitment of the Worksport SOLIS with the Tesla Cybertruck is yet to be determined, but possible.
  • For more information about Worksport Ltd., the SOLIS Solar Cover, and the COR Battery System, please visit investor.worksport.com .

Commercial Vehicles Market cross $15.9 Tn by 2032, Says Global Market Insights Inc.

Retrieved on: 
Wednesday, March 6, 2024

The commercial vehicles market valuation is estimated to reach USD 15.9 trillion by 2032, as reported in a research study by Global Market Insights Inc.

Key Points: 
  • The commercial vehicles market valuation is estimated to reach USD 15.9 trillion by 2032, as reported in a research study by Global Market Insights Inc.
  • The commercial vehicles market from the construction & mining end-use segment is predicted to grow significantly through 2032, owing to the ongoing infrastructure development projects.
  • Increasing environmental concerns and stringent emissions regulations are driving the adoption of electric commercial vehicles, particularly in urban areas.
  • Asia Pacific commercial vehicles market will expand notably till 2032, driven by rapid urbanization, economic growth, and infrastructural development initiatives.

The Shyft Group Achieves Ford Pro Upfitter Designation

Retrieved on: 
Wednesday, March 6, 2024

“We are thrilled to be named a Ford Pro Upfitter, which is a natural outcome of our long collaboration with Ford,” said Shyft CEO John Dunn.

Key Points: 
  • “We are thrilled to be named a Ford Pro Upfitter, which is a natural outcome of our long collaboration with Ford,” said Shyft CEO John Dunn.
  • Shyft and Ford conducted the in-person audit at Shyft’s new facility in Lebanon, Tenn., which serves as a sales and upfitting branch for several Shyft brands.
  • The brands that will participate in the Ford Pro Upfitter program are Utilimaster®, Royal Truck Body™, DuraMag® and Magnum™.
  • The Shyft Group and Ford Motor Company have worked closely together for decades, achieving several significant milestones in recent years.

Carbon Revolution Announces Board Changes - Bob Lutz Appointed Chair of the Board

Retrieved on: 
Wednesday, February 21, 2024

(Bob) Lutz will become Chair of the Board.

Key Points: 
  • (Bob) Lutz will become Chair of the Board.
  • Mr. Lutz said “I am excited to become Chair of the Board of Carbon Revolution at this transformative time when the Company is disrupting the global automotive wheel market with its unique lightweight carbon fiber composite wheel technology.
  • With the listing complete, James Douglas will step down as Chair and will retire from the Board.
  • Mr. Lutz has served as a director since November 2023 and brings to the Board significant board and executive experience in the automotive industry.

Mercedes-Benz HPC North America Welcomes Seasoned Executives to Transform the EV Charging Experience

Retrieved on: 
Tuesday, February 27, 2024

Mercedes-Benz HPC North America, a partnership between the Mercedes-Benz Group and MN8 Energy, announced today the appointments of top-level executives to lead the development and operations of its premium network of EV charging stations.

Key Points: 
  • Mercedes-Benz HPC North America, a partnership between the Mercedes-Benz Group and MN8 Energy, announced today the appointments of top-level executives to lead the development and operations of its premium network of EV charging stations.
  • View the full release here: https://www.businesswire.com/news/home/20240226680260/en/
    Anupa Charles-Pierre, Vice President of Marketing & Communication, Mercedes-Benz HPC North America (Photo: Business Wire)
    This comes months after announcing the launch of the EV charging network, inaugurated at the first charging hub in Sandy Springs, Georgia.
  • With decades of collective experience in the EV sector, luxury brands, and customer experience, the new hires reinforce Mercedes-Benz’s and MN8 Energy’s commitment to innovation and delivering an unparalleled, premium charging experience.
  • Mercedes-Benz HPC North America, in partnership with MN8 Charging, is responsible for the development and operation of the Mercedes-Benz charging network in North America, helping realize the next, essential step forward in Mercedes-Benz’s electrification strategy: expansion of the overall North American EV charging map to help propel EV adoption to the next levels.

Brightcove Announces Financial Results for Fourth Quarter and Fiscal Year 2023

Retrieved on: 
Thursday, February 22, 2024

Brightcove Inc. (Nasdaq: BCOV), the world’s most trusted streaming technology company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Brightcove Inc. (Nasdaq: BCOV), the world’s most trusted streaming technology company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Loss from operations was $2.3 million for the fourth quarter of 2023, compared to loss from operations of $6.0 million for the fourth quarter of 2022.
  • Net loss was $2.5 million, or a loss of $0.06 per diluted share, for the fourth quarter of 2023.
  • Cash flow provided by operations was $4.2 million for the fourth quarter of 2023, compared to cash flow provided by operations of $5.7 million for the fourth quarter of 2022.

Coherix Adds Former President of Bosch China to Its Board of Directors

Retrieved on: 
Tuesday, March 5, 2024

ANN ARBOR, Mich., March 5, 2024 /PRNewswire/ -- Dr. Chen Yudong, Edmund "Ed" Allen and Stan Piekos have joined the Coherix board of directors.

Key Points: 
  • ANN ARBOR, Mich., March 5, 2024 /PRNewswire/ -- Dr. Chen Yudong, Edmund "Ed" Allen and Stan Piekos have joined the Coherix board of directors.
  • Yudong served as the president of Bosch China for the past 12 years.
  • He added that China represents a major growth market for Coherix – a market in which Dr. Yudong's expertise will be of invaluable assistance.
  • He later was appointed executive vice president of Bosch China's automotive group and was named president of Bosch China in 2011.

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points: 
  • Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
  • OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
  • Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
  • Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points: 
  • Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
  • OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
  • Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
  • Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.