Volvo

‘AEM Manufacturing Express’ Set to Hit the Road this Summer

Retrieved on: 
Monday, April 8, 2024
Friends, Government, Caterpillar Inc., Travel, Food, The Toro Company, John Deere, Woman, City, Volvo, Komatsu, AEM, AGCO, Mid-Atlantic, CNH Industrial, Entertainment

The tour will visit more than 20 states, with stops planned at more than 80 equipment manufacturers in communities across the Midwest, Southeast, and Mid-Atlantic.

Key Points: 
  • The tour will visit more than 20 states, with stops planned at more than 80 equipment manufacturers in communities across the Midwest, Southeast, and Mid-Atlantic.
  • “The ‘AEM Manufacturing Express’ will hit the road this year to celebrate the equipment manufacturing industry and highlight its vital role in building a modern and resilient infrastructure, putting food on people’s tables, and powering vital public services and utilities,” said AEM President Megan Tanel.
  • Elected officials will join manufacturing workers and their friends and families along the route as the “AEM Manufacturing Express” celebrates the industry’s many contributions to small towns and big cities across the country.
  • Triple Crown Products is the official apparel sponsor, outfitting AEM Manufacturing Express staff throughout the tour, and DuraMark Technologies is the official decal sponsor, providing design and production of graphic materials for the tour.

Hazelcast Announces Stephen Weston as Chief Scientist

Retrieved on: 
Thursday, April 4, 2024
Volvo, Organization, Target, Risk management, Learning, Ernst & Young, Science, Internet of things, Financial services, Research, Global 2000, Imperial College London, Fintech, JPMorgan Chase, Machine learning, Medical device

Palo Alto, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Hazelcast, Inc. , the company that enables instant action on all data, announces Dr. Stephen Weston as its chief scientist, bringing deep ML and AI expertise to Hazelcast’s leadership in AI application and data infrastructure.

Key Points: 
  • Palo Alto, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Hazelcast, Inc. , the company that enables instant action on all data, announces Dr. Stephen Weston as its chief scientist, bringing deep ML and AI expertise to Hazelcast’s leadership in AI application and data infrastructure.
  • Weston, a Ph.D. in mathematical finance, brings 30 years of experience to the role in areas such as AI, risk management, and mathematical modeling.
  • In addition to his position as chief scientist at Hazelcast, Weston supervises academic research in the department of computing at Imperial College London, where the research group develops models that integrate technology, science and finance.
  • He and Weston are leading a deep bench of fintech and AI experts at Hazelcast.

Newsweek Announces Third Annual “World’s Greatest Auto Disruptors”

Retrieved on: 
Tuesday, March 26, 2024
Mercedes-Benz G-Class, Volvo, One World Trade Center, Subaru, Science, Intelligence, Transport, Life, A.I, Subaru of America, Mercedes-Benz Group, Safety, Car, Kia, Management

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Newsweek, the modern global digital news organization, proudly presents its third annual compilation of the "World's Greatest Auto Disruptors."

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Newsweek, the modern global digital news organization, proudly presents its third annual compilation of the "World's Greatest Auto Disruptors."
  • During the ceremony, the Newsweek Autos team will discuss how artificial intelligence is pushing automakers to be more disruptive than ever.
  • Winners were chosen through a nomination process and discussions by the Newsweek Autos editorial team.
  • To view the full article and details of the World's Greatest Auto Disruptors Awards, please visit: https://www.newsweek.com/auto-disruptors-2024

SaverOne Reports Full Year 2023 Results with 128% Year-over-Year Revenue Growth

Retrieved on: 
Monday, March 25, 2024
ADAS, Transport, Bank statement, OEM, Volvo, European, Marketing, Research, Volvo Buses, Strauss Group, Annual report, Cemex, Hospital, Engineering, Aircraft, Growth, Operating cost, Bank, Net, Patent, IASB, Airline

In September 2023, SaverOne launched its first European pilot with Cemex in Spain, covering ten trucks in two regions.

Key Points: 
  • In September 2023, SaverOne launched its first European pilot with Cemex in Spain, covering ten trucks in two regions.
  • In October 2023, SaverOne announced the win of six new customers covering 90 vehicles in the private bus fleet industry in Israel.
  • In October 2023, SaverOne signed a distribution agreement with GVZ Company, based in Milan, specializing in the distribution of automotive components and solutions in European markets.
  • In February 2024, SaverOne announced that Egged Tours would install 300 SaverOne Systems on all its buses.

Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets

Retrieved on: 
Tuesday, April 9, 2024
Consulting, EV, Electric Vehicles, Automotive, Professional Services, Business, Marketing, Advertising, Communications, Other Automotive, General Automotive, Finance, Lincoln, Volvo, Face, Growth, Asbury Automotive Group, Original equipment manufacturer, Big Three (automobile manufacturers), Partnership, Risk, Multiple, Kerrigan, Sale, Acquisition, Ford, ICE, BMW, OEM, Toyota Financial Services, Population growth, Car dealership

The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.

Key Points: 
  • The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.
  • “When earnings soared in 2021, buyers correctly projected that pandemic earnings were unsustainable and normalized earnings for valuation purposes.
  • The public dealership groups acquired 61 franchises for $2.7 billion in 2023, the second highest US acquisition spending level on record.
  • The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail.

Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: Currently Only Tesla, BYD, Leapmotor and Xpeng have Released CTC/CTB Technology - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024
Vehicle Technology, EV, Electric Vehicles, Other Energy, Alternative Energy, Alternative Vehicles, Fuels, Batteries, General Automotive, Energy, Technology, Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Leapmotor, JAC, CIB, Volvo, CTB, BYD, Model Y, Cell, Original equipment manufacturer, Acceleration, EVS, Volkswagen, Nm, Gigafactory Texas, CTC, CATL, CTP, SAIC, Electric battery

The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • Currently only four automakers Tesla, BYD, Leapmotor and Xpeng have released CTC/CTB technology and applied it in production models.
  • Leapmotor: In April 2022 Leapmotor released CTC technology, and first applied it to the production model Leapmotor C01.
  • In addition to Tesla, BYD, Leapmotor and Xpeng, Xiaomi, Volkswagen, Volvo, JAC and SAIC all make layout of CTC technology.

McGovern Auto Group Opens the Largest Dealer-Owned Collision Center in the USA! Raising the Bar for Auto Body Repair

Retrieved on: 
Tuesday, April 9, 2024
Certification, Volvo, MAG, U.S. Route 44, Foot, Land Rover, Ferrari, CDL, BMW, Multimedia, Car dealership

SHREWSBURY, Mass., April 9, 2024 /PRNewswire/ -- McGovern Auto Group (MAG), the leading automotive retailer in the Northeast, today announced the grand opening of the MAG Collision Center, McGovern's new flagship body shop that promises to reshape collision repair services across Massachusetts and beyond. Located at 420 Boston Turnpike in Shrewsbury, the state-of-the-art, 75,000 square foot facility cements McGovern's position as the foremost automotive group in the region while delivering customers access to unrivaled auto body repair and paint services.

Key Points: 
  • As the single largest auto body shop in the Northeast and the biggest dealer - owned collision center nationwide, the MAG Collision Center represents a multimillion-dollar investment in McGovern's depth in auto repair in the Northeast.
  • Beyond resources, McGovern has furnished the facility with next-generation equipment, materials, and processes to truly optimize and modernize collision services.
  • "Today is an important milestone, not just for McGovern auto , but also for every driver needing collision repairs or a fresh paint job," said Matt McGovern, CEO of McGovern Auto Group.
  • The MAG Collision Center will also be home to McGovern's transport and vehicle mobility division, McGovern Transport, housing its fleet of 14 trucks.

Milence expands its network to Sweden with the development of an electric charging hub in Varberg

Retrieved on: 
Tuesday, April 9, 2024
Port of Antwerp-Bruges, Combined, CCS, Daimler Truck, MSC, Volvo, Disability, Port, Rail transport

With this announcement, Milence expands its future network towards the Nordics and commits to develop the first Milence' charging hub in Sweden.

Key Points: 
  • With this announcement, Milence expands its future network towards the Nordics and commits to develop the first Milence' charging hub in Sweden.
  • The charging hub is strategically located in the municipality of Varberg, between Gothenburg and Malmö in the south-west of Sweden.
  • The hub in Varberg - as well as all other Milence charging hubs – will be open to all trucks regardless of brand.
  • The development of the charging hub in Varberg marks the first step of electrifying transport routes in the Nordics.

Milence expands its network to Milencewith the development of an electric charging hub in Varberg

Retrieved on: 
Tuesday, April 9, 2024
Port of Antwerp-Bruges, Combined, CCS, Daimler Truck, MSC, Volvo, Disability, Port, Rail transport

With this announcement, Milence expands its future network towards the Nordics and commits to develop the first Milence' charging hub in Sweden.

Key Points: 
  • With this announcement, Milence expands its future network towards the Nordics and commits to develop the first Milence' charging hub in Sweden.
  • The charging hub is strategically located in the municipality of Varberg, between Gothenburg and Malmö in the south-west of Sweden.
  • The hub in Varberg - as well as all other Milence charging hubs – will be open to all trucks regardless of brand.
  • The development of the charging hub in Varberg marks the first step of electrifying transport routes in the Nordics.

ECARX Unveils Multiple Automotive Intelligence Solutions on Tech Day

Retrieved on: 
Wednesday, March 20, 2024
Photon, Cloud, Microsoft, Android Automotive, Geely, Volvo, TFLOPS, SOC, HPA, GAS, Tesla Autopilot, Original equipment manufacturer, Atlas, Pike, Intelligence, RPA, Atlas Mountains, Partnership, Name, ISP, Hongqi, Image, Navigation, ADAS, Electronics, Research, Unreal Engine, FAW Group, ECX, VPA, Rocky, DMIPS, NOA, Ecosystem, Lidar, APA, Lynk & Co, CPU, Tech, Video game

SHANGHAI, China, March 20, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology provider, today held its second Tech Day at the Hangzhou E-Sports Center, where it unveiled several ground-breaking automotive intelligence solutions and ecosystem advancements.

Key Points: 
  • SHANGHAI, China, March 20, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology provider, today held its second Tech Day at the Hangzhou E-Sports Center, where it unveiled several ground-breaking automotive intelligence solutions and ecosystem advancements.
  • The Atlas and Pikes computing platforms are powered by the fourth-generation Qualcomm Snapdragon® System-on-a-Chip (SoC), namely SA8255P and SA8295P Snapdragon®, respectively.
  • Integrating both Flyme Auto and Google Automotive Services (GAS), each of the Atlas and Pikes computing platforms will allow ECARX to service automotive OEMs worldwide within a single platform.
  • "ECARX remains at the forefront of technological advancements, leveraging ground-breaking, cross-border technology integration and innovation.