Category: Business Wire

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SPARK TECHNOLOGIES Secures EUR 30 Million Capital Commitment from GEM as Company Seeks to Go Public

Alternative investment group Global Emerging Markets (GEM) to provide share subscription facility of up to EUR 30 million Proceeds will be used to access new major European Union cities to provide seamless zero-emission commuting options VILNIUS, Lithuania–(BUSINESS WIRE)–SPARK Technologies, a top European electric car sharing company, announced that it has signed an agreement with GEM […]

Iteris Selected to Support Development of Connected Vehicle Data Exchange Platform for Florida Department of Transportation

Initiative Demonstrates Iteris’ Continuous Role as Trusted Advisor to FDOT and Public Transportation Agencies Nationwide Statewide program will enable FDOT to communicate critical travel information to the traveling public, state and local government entities, private-sector partners, and other stakeholders. Initiative leverages Iteris’ expertise to prepare cities and states for advancements in connected and automated vehicle […]

Lightning eMotors All-Electric Fleet Crosses 1 Million Mile Benchmark

Million-mile all-electric milestone based on customer-driven miles driven on customer-owned vehicles Miles logged throughout the US and Canada on nine different vehicle platforms Milestone includes only real-world, 100% zero-emission vehicle (ZEV) miles Lightning’s growing ZEV fleet logging miles at a rate of over 25,000 miles per month, expected to accelerate LOVELAND, Colo.–(BUSINESS WIRE)–$ZEV #boxtrucks–Lightning eMotors […]

KYOCERA SLD Laser Achieves World Record LiFi Communications Data Rate 100 times faster than 5G

Company to Demonstrate Award-Winning >90 Gbps DataLight LiFi Innovation and for Automotive and Consumer Applications at the Consumer Electronics Show, January 5 – 7, 2022 in Las Vegas, NV GOLETA, Calif.–(BUSINESS WIRE)–KYOCERA SLD Laser, Inc. (KSLD), a world leader in commercialization of laser light sources, has announced the achievement of the world’s fastest LiFi system […]

Eaton Acquires Royal Power Solutions

Portfolio addition positions Eaton to capitalize on electrification trends across multiple high-growth markets DUBLIN–(BUSINESS WIRE)–Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets. Under the terms of the agreement, Eaton […]

Damon Unveils Electrifying HyperFighter Family of Motorcycles at CES

High-performance electric streetfighter motorcycles built upon HyperDrive technology, a CES 2022 Innovation Award honoree LAS VEGAS–(BUSINESS WIRE)–Damon Motors today officially unveiled the newest edition to its family of motorcycles: HyperFighter, a raw, muscular-silhouetted, electrifying streetfighter motorcycle built for a new generation of urban riders. The company introduced the HyperFighter Colossus motorcycle, as well as a […]

Luminar and Volvo Cars Announce Plans for Next Generation SUV to be Revealed in 2022

With Luminar as standard, Volvo cars’ forthcoming fully electric SUV will debut in California with Highway Autonomy capabilities LAS VEGAS–(BUSINESS WIRE)–$LAZR–Luminar (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, and Volvo Cars, the global automotive safety leader, revealed today at CES in Las Vegas the launch plans for the all electric […]