Tag: Trucking News

Pritchard EV Returns from Historic Tour with Massive Gains on Electrification

CLEAR LAKE, Iowa–(BUSINESS WIRE)–Pritchard EV, a division of Pritchard Companies, has been a stakeholder in the automotive industry for generations. At the beginning of 2021, Pritchard EV set out to demonstrate their leadership role in multimodal electric vehicle distribution and EV charging implementation around the country. The tour hinged on an idea that creating a […]

Cenntro Electric Acquires Majority Interest of Tropos Motors Europe to Expand European Assembly Capability and Distribution Networks in EMEA and Adds a Strategic Customer Network in Europe

FREEHOLD, N.J.–(BUSINESS WIRE)–Cenntro Electric Group Limited (NASDAQ: CENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that it entered into an agreement with Mosolf SE & Co. KG (“Mosolf”), one of Europe’s largest automotive logistics and service providers, to acquire a 65% equity interest in Tropos Motors Europe GmbH (“TME”), […]

ChargePoint Chief Marketing Officer Colleen Jansen to speak on electric vehicle (EV) panel at J.D. Power Auto Summit 2022

CAMPBELL, Calif.–(BUSINESS WIRE)–ChargePoint Holdings, Inc. (NYSE: CHPT), a leading EV charging network, today announced that Chief Marketing Officer Colleen Jansen is confirmed to speak at the J.D. Power Auto Summit. The premier automotive retail event at the NADA Show is taking place at the Wynn Las Vegas on Thursday, March 10, 2022, and will feature […]

Infiniti Dealers Ranked Highest Ahead of Cadillac and Lexus as Most Responsive to Website Customer Queries; Mazda and Subaru Ranked Highest Among Mainstream Brands

Despite inventory shortages and COVID-19, dealers who responded faster by text, phone, and email showed markedly stronger sales to web customers MONTEREY, Calif.–(BUSINESS WIRE)–#Cadillac–For the second consecutive year, Infiniti dealerships were ranked highest according to the 2022 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to Internet leads coming though dealership websites […]

Pony.ai Announces First Close of Series D Financing Round, With a Valuation of $8.5 Billion

Represents More Than a 65% Increase in Valuation from Previous Round Brings Pony.ai’s Strong Balance Sheet Liquidity to Close to $1 Billion FREMONT, Calif.–(BUSINESS WIRE)–Pony.ai, a leading global autonomous driving technology company, announced that it has completed its first close of its Series D financing. The Series D round, which has a significant valuation uplift […]

Utility Trailer and Phillips Connect Team Up to Launch Utility Connect Advanced Trailer Telematics Platform

CITY OF INDUSTRY, Calif.–(BUSINESS WIRE)–#UTM—Utility Trailer Manufacturing Co., the industry’s largest manufacturer of refrigerated trailers and a leading manufacturer of dry freight vans, flatbeds, and Tautliner® curtainsided trailers, is pleased to announce Phillips Connect as its exclusive partner for trailer telematics with the launch of Utility Connect™. The Utility Connect system stems from Utility’s proprietary […]