PAVE by Discovery Loft Selected by TradeBid, Ireland’s First Digital Dealer-to-Dealer Automotive Marketplace

PAVE by Discovery Loft Selected by TradeBid, Ireland’s First Digital Dealer-to-Dealer Automotive Marketplace

PAVE Automated Vehicle Inspection Platform Expands into New Global Markets TORONTO–(BUSINESS WIRE)–#AI—PAVE, the world’s first automated vehicle inspection platform, today announced its successful expansion into new markets in Europe, the Middle East, and Central and South America. Among Discovery Loft’s first customers in Ireland is TradeBid, the country’s first dealer-to-dealer marketplace, which is using PAVE […]

Mercedes-Benz Posts Robust Q3 Profit in a Demanding Environment

Mercedes-Benz Posts Robust Q3 Profit in a Demanding Environment

Profitable growth: Group revenue increased 19% to €37.7 billion in Q3; EBIT up 83% to €5.2 billion compared to Q3 2021 Resilience at work: Mercedes-Benz Cars adjusted Return on Sales (RoS) in Q3 reaches 14.5% (Q3 2021: 8.8%); Mercedes-Benz Vans adjusted Return on Sales at 12.7% (Q3 2021: 5.3%) Electrification accelerated: Mercedes-Benz passenger car BEV […]

Luxfer Announces Third Quarter 2022 Financial Results

Luxfer Announces Third Quarter 2022 Financial Results

Third Quarter 2022 Highlights (all historical comparisons year-over-year; results exclude discontinued operations) Net sales of $100.2 million increased $9.0 million or 9.9%, primarily driven by pass-through of inflation GAAP diluted EPS from continuing operations of $0.31 increased $0.10 Adjusted diluted EPS of $0.35 increased $0.09 Adjusted EBITDA of $16.1 million increased $2.3 million or 16.7% […]

Custom Truck One Source to Announce Third Quarter 2022 Financial Results

Custom Truck One Source to Announce Third Quarter 2022 Financial Results

KANSAS CITY, Mo.–(BUSINESS WIRE)–Custom Truck One Source, Inc. (“Custom Truck One Source” or the “Company”) (NYSE: CTOS) today announced it will release third quarter 2022 financial results after the market close on Tuesday, November 8, 2022. Management will discuss the results on a conference call at 5:00 p.m. ET on Tuesday, November 8, 2022. The […]

onsemi and Ride Vision Collaborate to Offer Advanced Safety Solutions for Motorcyclists

onsemi and Ride Vision Collaborate to Offer Advanced Safety Solutions for Motorcyclists

First-to-market lifesaving Ride Vision is a game changer for two- and three-wheeled vehicles PHOENIX–(BUSINESS WIRE)–onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced its collaboration with Israel-based Ride Vision on the development of advanced safety solutions for motorcyclists. Ride Vision’s industry-leading Collision Aversion Technology™ (CAT) for motorcycles uses machine-vision with artificial […]

AM Batteries (AMB) Secures $25M Series A Financing to Scale Manufacturing of Novel Lithium-Ion Dry-Electrode Technology

AM Batteries (AMB) Secures M Series A Financing to Scale Manufacturing of Novel Lithium-Ion Dry-Electrode Technology

AM Batteries (AMB) is a Boston-based innovative manufacturing company developing a next-generation, lower-carbon footprint and lower cost dry-electrode manufacturing technology for lithium-ion batteries Anzu Partners, an investment firm that focuses on breakthrough industrial technologies, led AMB’s oversubscribed $25M Series A funding round, with participation from TDK Ventures,  Foothill Ventures, Toyota Ventures, Zeon Ventures, SAIC Capital, […]

Keysight Technologies Delivers New High-Power DC Emulator for Electric Vehicle Fast Charging Applications

Keysight Technologies Delivers New High-Power DC Emulator for Electric Vehicle Fast Charging Applications

Next-generation emulation solution delivers greater power in less space SANTA ROSA, Calif.–(BUSINESS WIRE)–$KEYS #Battery—Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced the enhanced Scienlab Regenerative DC Emulator (SL1800A Series), the next generation high power direct current […]

Custom Truck One Source and Battle Motors Announce New Partnership

Custom Truck One Source and Battle Motors Announce New Partnership

KANSAS CITY, Mo.–(BUSINESS WIRE)–Custom Truck One Source (Custom Truck) is excited to announce the expansion of their offerings with the addition of Battle Motors to their truck inventory. As part of the partnership, Custom Truck will offer Battle Motor’s full cabover line including electric trucks, as well as parts and service to the Kansas City, […]

New Insurify Report: Some Americans Consider Driving Less, Skipping Coverage in Face of Rising Insurance Costs

New Insurify Report: Some Americans Consider Driving Less, Skipping Coverage in Face of Rising Insurance Costs

10% willing to risk driving uninsured, despite most states requiring minimum coverage CAMBRIDGE, Mass.–(BUSINESS WIRE)–Insurify, America’s top-rated destination for the largest selection of accurate insurance quotes and expert advice, has released its 2022 Auto Insurance Trends Report: Who’s Paying More for Coverage, the first part of a two-part report that comprehensively covers 2022’s unique car […]