Category: Business Wire

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PACCAR Business Update

BELLEVUE, Wash.–(BUSINESS WIRE)–There is currently a semiconductor shortage that is affecting some industries including the automotive sector. The semiconductor shortage has reduced PACCAR’s truck deliveries in the first quarter of 2021 by approximately 3,000 vehicles. PACCAR’s first quarter 2021 truck deliveries are estimated to be approximately 42,000 vehicles, compared to 40,800 vehicles delivered in the […]

 Self-Driving Truck Company Plus Upsizes Recent Fundraising to $420 Million

CUPERTINO, Calif.–(BUSINESS WIRE)–Plus (formerly Plus.ai), a leading provider of self-driving truck technology, today announced it has added $220 million in new financing co-led by FountainVest Partners and ClearVue Partners, with participation from Quanta Computer Inc., Phi Zoyi Capital, and Millennium Technology Value Partners. The company’s existing investors including Sequoia, SAIC Capital, and Full Truck Alliance […]

EVPassport Launches First Open EV Charging Platform for Purpose-Driven Organizations

Only API-Powered Platform with Brandable Hardware Specifically Designed to Strengthen Customer Engagement for Organizations Committed to Sustainability NEW YORK–(BUSINESS WIRE)–EVPassport, the EV charging hardware and software platform for purpose-driven organizations, today announced the first and only open EV charging platform. Consisting of brandable hardware and API-driven software, EVPassport enables organizations to integrate the EV charging […]

California Natural Gas Vehicle Coalition Appoints Nicole Rice as President

SACRAMENTO, Calif.–(BUSINESS WIRE)–The California Natural Gas Vehicle Coalition (CNGVC) announces the appointment of twenty-year policy veteran Nicole Rice as their new President. In this role, Ms. Rice will work with state regulators and legislators to forge a path towards cleaner air and better environmental solutions that can come from a more inclusive adoption of natural […]

U.S. Department of Defense Selects Advent’s Wearable Fuel Cell for 2021 Validation Program

Power system developed by Advent subsidiary UltraCell is the only fuel cell solution selected for this year’s DOD program BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) and its subsidiary, UltraCell, today announced that UltraCell’s 50 W Reformed Methanol Wearable Fuel Cell Power System (“Honey Badger”) has been selected by the U.S. Department of Defense’s […]

IntelliShift Report Reveals Connected Vehicle and Asset Operations Platforms Enable 90% of Fleet-Driven Businesses to Focus on Company’s Bottom-Line

 In today’s rapidly evolving landscape, fleet and asset-driven companies require speed, agility and real-time business insights to respond to emerging threats and maximize ROI COMMACK, N.Y.–(BUSINESS WIRE)–IntelliShift, the leader in connected vehicle and asset operations, today released findings from a survey of 227 customers across a variety of industries. The 2021 State of Connected Operations […]

Avetta Broadens Supply Chain Risk Management Services to Enable More Suppliers to Join the Network

Avetta Connect™ Enhanced to Intelligently Match Suppliers to Requirements and Provide Improved Service Tiering OREM, Utah–(BUSINESS WIRE)–#riskmanagement—Avetta®, the leading provider of supply chain risk management software, is adding an intelligent supplier classification tool to Avetta Connect™ to better pair different supplier types to the safety and certification requirements for the work they are doing. The […]