Category: Business Wire

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NI to Acquire NH Research, Enters into Definitive Agreement with Heinzinger

Acquisitions strengthen position in electrification and battery test AUSTIN, Texas–(BUSINESS WIRE)–NI (Nasdaq: NATI) today announced the acquisition of NH Research, LLC (NHR), a leader in high power test and measurement applications such as electric vehicles (EV) and batteries. The transaction closed on October 19, 2021. NI is also announcing that it recently entered into a […]

Schneider National, Inc. Announces Third Quarter 2021 Results

Operating Revenues $1.4 billion; $1.1 billion in 2020 Income from Operations $153.7 million; $63.3 million in 2020 Diluted Earnings Per Share $0.62; $0.25 in 2020 Increased full year Adjusted Diluted Earnings per Share guidance to $2.13 – $2.17   GREEN BAY, Wis.–(BUSINESS WIRE)–Schneider National, Inc. (NYSE: SNDR, “Schneider” or the “Company”), a leading transportation and […]

Lightning eMotors Enters Canada’s Commercial EV Market With Fully Electric Refrigerated Delivery Vehicles

Lightning customer Goodfood Market Corp., Canada’s leading online grocery company, becomes the first private entity in Canada to deploy fully electric refrigerated delivery vans The Lightning Electric Class 3 Transit vans provide last-mile delivery through a partnership with Volta for custom-built refrigeration capability LOVELAND, Colo.–(BUSINESS WIRE)–$ZEV #canada–Lightning eMotors (NYSE: ZEV), a leading provider of all-electric […]

Generational Equity Advises Enlinx in Its Sale to Whiplash

DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Enlinx, LLC to Whiplash. The transaction closed August 26, 2021. Located in Salt Lake City, Utah, Enlinx serves the logistical needs of a variety of E-Commerce and wholesale companies. The Company offers numerous […]

We Predict Deepview True Cost: After Higher First Year Costs, EV Service Costs Fall 30% Below Gas Vehicle Costs at Three Years

Deepview data shows electric vehicle maintenance is three times lower and repairs are 22% lower than gas vehicle costs at three years Kia ranks best for lowest service costs among non-premium brands at three years Acura has the lowest service costs among premium brands for the same period Nissan Motor Corp. tops the brand award […]

Bridging the Lithium Battery Supply Chain Gap – a New Alliance in the U.S.

By building bridges between the public and private sector, Li-Bridge aims to accelerate the development of a robust and secure domestic supply chain for lithium-based batteries LEMONT, Ill.–(BUSINESS WIRE)–To build bridges across the battery ecosystem, the U.S. Department of Energy’s (DOE) Argonne National Laboratory announces the creation of Li-Bridge, a new public-private alliance committed to […]

J.D. Power and LMC Automotive U.S. Automotive Forecast for October 2021

Inventory Constraints Still Inhibiting New-Vehicle Sales as Prices and Profits Increase to Record Highs TROY, Mich.–(BUSINESS WIRE)–New-vehicle retail sales for the month of October 2021 are expected to decline when compared with October 2020 and October 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month […]