Lexus (Premium) and Honda (Mass Market) Again Receive Top Brand Awards TROY, Mich.–(BUSINESS WIRE)–As new- and used-vehicle prices continue to rise, the resale (or residual) value of those vehicles has never been more important to consumers, according to the J.D. Power 2024 U.S. ALG Residual Value Awards,SM released today. For a fourth consecutive year, Lexus […]
SAN FRANCISCO–(BUSINESS WIRE)–SWITCH Maritime LLC, a US-based company developing electrified, zero-emission ferries powered by battery and hydrogen fuel cell, has raised $10 million in a Series A round led by Nexus Development Capital to grow its fleet. Founded in 2018 by a veteran team of maritime energy transition leaders, SWITCH’s mission is to enable private […]
Leading Online Auto Retailer Combines Online Experience and Powerful Infrastructure to Bring New Level of Speed and Convenience to Car Buyers and Sellers DALLAS–(BUSINESS WIRE)–Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, is the first used auto retailer to provide customers in the Dallas-Fort Worth area with the speedy and […]
FF Debuts FF aiPal, a first-of-its-kind intelligent cabin AI offering, applying generative AI to enhance 3rd aiSpace technology. A press event announcing FF’s “Middle East Strategy Launch” is scheduled to take place during the Formula 1 Abu Dhabi Grand Prix on November 23, 2023. LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) (“Faraday Future”, “FF” […]
AUBURN HILLS, Mich.–(BUSINESS WIRE)–PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket products, today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.25 per common share, payable on December 15, 2023, to shareholders of record at the […]
CAMPBELL, Calif.–(BUSINESS WIRE)–ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), announced today the first large scale deployment of its new Express Plus Power Link 2000 DC fast charging platform. The Power Link system, capable of delivering charging speeds up to 500kW, debuted today as the charging hardware and software […]
First Mercedes-Benz Charging Hub in North America located at Mercedes-Benz USA Headquarters in Sandy Springs, GA. Additional charging hubs to open across Texas and the Southeast by the end of 2023. Over $1 billion financial commitment by Mercedes-Benz and MN8 Energy to build North America’s fastest EV charging network by the end of the decade. […]