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TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales for March 2022 are expected to decline when compared with March 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,044,500 units, a 27.8% decrease compared with March 2021 when […]
Fleet of Sienna-AutonoMaaS vehicles designed to interface with Aurora Driver Achievement of critical milestone demonstrates one of Aurora’s key competitive advantages, the transferability of its Common Core of Technology across vehicle-types DALLAS–(BUSINESS WIRE)–$AUR #aurora–Aurora Innovation, Inc. (NASDAQ: AUR) has unveiled its test fleet of its autonomous custom-designed Toyota Sienna vehicles featuring Toyota’s Vehicle Control Interface […]
Uber and Cruise supported the applications and grants to fund development of 72 new charging stalls in California, enhancing infrastructure access and increasing EVgo network utilization amongst rideshare drivers LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification and owner and operator of first electric vehicle (EV) network powered by 100% renewable […]
LIVONIA, Mich. & PHOENIX–(BUSINESS WIRE)–$ALTG—Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of construction and material handling equipment, today announced that it has been awarded the Arizona sales and service territory for Nikola Corporation (NASDAQ: NKLA) (“Nikola”), a global leader in zero-emissions transportation and energy infrastructure solutions. This agreement further expands Alta’s dealer […]
Tod Hynes appointed Chair of XL Fleet’s Board of Advisors; steps down as President and member of its Board of Directors BOSTON–(BUSINESS WIRE)–XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a leading provider of fleet electrification solutions, announced today that Tod Hynes has been appointed Chair of its Board of Advisors, and has […]
2021 Revenue increased by 52% year-over-year Network throughput in 2021 rose to 26.4 Gigawatt-hours (GWh), a 68% increase over prior year GAAP gross loss narrowed in 2021 to ($6.8) million from ($9.0) million in 2020 Adjusted gross profit grew to $5.2 million for full-year 2021 compared to $0.5 million in 2020, and adjusted gross margin […]
SOUTHFIELD, Mich.–(BUSINESS WIRE)–#automotiveengineering–Power management company Eaton today announced its Vehicle Group is celebrating 50 years of MLocker® differential production. The mechanical locking differential provides drivers with best-in-class traction without the need for pushbuttons, shift knobs, or other driver intervention, and is applicable to vehicles with both internal combustion engines and electrified vehicles (EVs). “We’re happy […]