Ford Pro, Ford Blue Drive Solid Second-Quarter Results; Company Raises Expectations for Full-Year 2023 Profitability

Ford Pro, Ford Blue Drive Solid Second-Quarter Results; Company Raises Expectations for Full-Year 2023 Profitability

DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE:F) today reported its 2023 second quarter financial results. Click here or visit media.ford.com to view the news release. Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5:00 p.m. ET. The call will feature Jim Farley, president and CEO; John […]

ChargePoint Secures $150 Million Revolving Credit Facility with JP Morgan, HSBC, Citi and Goldman Sachs

CAMPBELL, Calif.–(BUSINESS WIRE)–ChargePoint Holdings, Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging network, today announced a new credit agreement which provides for a $150 million revolving credit facility led by J.P. Morgan Chase Bank as Administrative Agent and Joint Lead Arranger, HSBC Innovation Banking as Joint Lead Arranger, and both Citi and Goldman Sachs […]

DTG PowerStations Enable WebstaurantStore to Remove Motion Waste, Ensure Faster and More Accurate Shipping to Restaurant Customers

WILMINGTON, Mass.–(BUSINESS WIRE)–DTG, the leading provider of industrial-strength power systems and mobile workstation solutions, today announced that WebstaurantStore, the leading distributor of restaurant supplies and equipment, has deployed DTG mobilized Workbench PowerStations in its warehouses. The new workstations enable employees to more easily power and transport electronic devices across the warehouse, while reducing the motion […]

J.D. Power-GlobalData U.S. Automotive Forecast for July 2023

New-Vehicle Sales up 21.5% in July, Marking Fourth Consecutive Month of Double-Digit Growth TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Total Sales Forecast Total new-vehicle sales for July 2023, including retail and non-retail transactions, are projected to reach 1,320,982 units, a 21.5% increase from July 2022, according to a joint forecast from J.D. Power and GlobalData. Total […]

Tula Technology to Participate in J.P. Morgan Auto Conference

SAN JOSE, Calif.–(BUSINESS WIRE)–#DMD–Tula Technology, Inc., a leader in propulsion efficiency, will present at the J.P. Morgan Auto Conference in New York, N.Y., on Thursday, Aug. 10, at 11:45 a.m. ET. Tula President & Chief Executive Officer R. Scott Bailey will be the speaker. The subject of Bailey’s presentation will be Dynamic Motor Drive (DMD®), […]

Eaton Unveils Industry-First Approach to Simplify and Accelerate Fleet EV Charging, Reducing Installation Time by 40%

EV Charging Busway raises the bar for charging system flexibility and modularity with proven electrical technology PITTSBURGH–(BUSINESS WIRE)–Intelligent power management company Eaton announced a game-changing new approach simplifying electric vehicle (EV) fleet charging by eliminating costly cable runs and major modifications to existing parking and conveyor structures. The overhead EV Charging Busway enables fleets to […]

Iteris Chosen to Support Intelligent Transportation Systems Project in Mérida, Mexico

Iteris selected to modernize public transit in the Yucatán Capital, as part of USTDA-funded technical assistance USTDA technical assistance project will provide a roadmap for the deployment of technologies to improve performance, operations, and safety Represents international demand for Iteris’ specialized consulting services FAIRFAX, Va.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem […]