Invisible Urban Charging Partners With CBRE to Target Adding 1 Million EV Chargers Across the US
NEW YORK–(BUSINESS WIRE)–Invisible Urban Charging (IUC), a pioneer in charging-as-a-service solutions, announced today that it has entered into an agreement with CBRE Group, Inc., the world’s largest commercial real estate services and investment company, to support a nationwide rollout of electric vehicle (EV) charging stations. Working with CBRE, IUC is targeting the deployment of one […]
Hayden AI Launches Double Parking Enforcement Solution for Road Safety and Public Transit
Bus-mounted technology improves road safety and public transit performance by changing driver behavior to stop roadway hazards caused by double parking SAN FRANCISCO–(BUSINESS WIRE)–Hayden AI, a global leader in vision AI and spatial analytics, today announced a new product for its vision AI platform: automated double parking enforcement. Utilizing the same hardware and AI technology […]
Holley Performance Brands Expands Sales Organization, Appoints Chet Baker Senior Vice President of Sales
Baker is a proven leader who will help strengthen the company’s customer focus in key vertical groupings BOWLING GREEN, Ky.–(BUSINESS WIRE)– As Senior Vice President of Sales, Baker will lead the company’s sales team, developing and executing strategies to drive growth across Holley’s iconic portfolio of brands. In addition to setting the sales strategy, he […]
Carrar Raises $5.3 Million to Deliver Commercial Battery Modules for Electric Vehicles that Triple Battery Lifetime
Patented internal two-phase immersion cooling and heating extend EV battery life by 3X, enable ultrafast charging, and prevent battery fires New investors Salida B.V., OurCrowd, and NextGear Ventures join current investors Gentherm, Next Leap Ventures, Dive Digital, and others Global EV battery thermal management system market estimated at $2.9B in 2022, expected to grow to […]
Holley Ordered to Disgorge $2 Million in Ill-Gotten Profits
WARREN, Mich.–(BUSINESS WIRE)–On March 27, 2024, the United States District Court in the Western District of Kentucky (Bowling Green) issued a judgment stating that Holley Performance Products, Inc. (NYSE: HLLY, Bowling Green, KY) SHALL DISGORGE to Specialty Auto Parts U.S.A., Inc. (Warren, MI) the $2,028,264.19 in net profit it derived from its sales of Aluminum […]
Global Transparent Plastics Market Set to Skyrocket to $189.24 Billion by 2028: Innovations in Recycling and Rise of Electric Vehicles Fuels Demand – Long-term Forecast to 2032 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The The global transparent plastics market is observing a remarkable growth trajectory and is expected to ascend from $133.79 billion in 2023 to an estimated value of $189.24 billion by 2028. This represents a compound annual growth rate (CAGR) of 7.2% over the forecast period. Key factors stimulating this growth include an uptick in […]
Fenix Parts Completes Acquisition of Neal Auto Parts
HURST, Texas–(BUSINESS WIRE)–Fenix Parent LLC, operating as Neal is an automotive recycler servicing the Central Illinois market with a population of approximately 1.3 million people. This is Fenix Parts’ eighth acquisition in the Midwest and brings Fenix’s location count to 27 full-service and 5 self-service locations. Bill Stevens, CEO of Fenix Parts, said, “We are […]
Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets
Dealership buy/sell transactions increased 6% YoY according to the Annual 2023 Blue Sky Report by Kerrigan Advisors; 680 franchises sold in 2023, an increase of 5.4% compared to 2022, defying broader corporate M&A trends INCLINE VILLAGE, Nev.–(BUSINESS WIRE)– “Despite negative headwinds of higher interest rates and declining profit margins, dealers continued to seek acquisitions, powered […]
SimScale Announces New AI-Powered Automotive Design Features
MUNICH–(BUSINESS WIRE)– SimScale, a fully cloud-native simulation platform, works with leading manufacturers, suppliers, and OEMs to ship better products faster while reducing R&D costs and increasing engineering innovation in a globally competitive landscape. Automotive companies use SimScale to design and optimize their products using a broad spectrum of analysis capabilities, including mechanical, thermal, CFD, and […]
Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: Currently Only Tesla, BYD, Leapmotor and Xpeng have Released CTC/CTB Technology – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The Passenger Car CTP, CTC and CTB Integrated Battery Industry Report, 2024 summarizes and studies the status quo of CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) for passenger cars and the layout of OEMs and suppliers in related products, and predicts the future development trends of passenger car […]
