Anyline Launches a New Tire Sidewall Scanner for E-Commerce To Boost Online Sales
A single photo converts all analog tire sidewall information into digital data VIENNA–(BUSINESS WIRE)– With Anyline Tire Sidewall Scanner, users simply open the camera on their smartphone to take a photo of the sidewall of any passenger tire. Anyline instantly captures analog tire information – DOT/TIN, tire size, tire make and model – and converts […]
Confusion Carries On: Shoppers Struggle to Understand Benefits of Electric Vehicles
CDK Global research indicates consumer uncertainty on EV costs, tax incentives and repairs AUSTIN, Texas–(BUSINESS WIRE)– CDK Global surveyed over 1,200 consumers in May 2023 who planned to purchase a new vehicle within the next six months. Longer driving range was a top draw among shoppers searching for EVs, with 90% of customers selecting a […]
Best’s Review Examines Auto Insurance Sector
OLDWICK, N.J.–(BUSINESS WIRE)–The October issue of Best’s Review focuses on U.S. private passenger auto insurers: “What’s Driving the Rise in Auto Costs” examines the trends that have led to large underwriting losses in 2022. “When It Comes to Insuring Electric Vehicles, It’s All About the Battery” looks at how the insurance industry is grappling with […]
Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Third Quarter 2023
AUSTIN, Texas–(BUSINESS WIRE)–In the third quarter, we produced over 430,000 vehicles and delivered over 435,000 vehicles. A sequential decline in volumes was caused by planned downtimes for factory upgrades, as discussed on the most recent earnings call. Our 2023 volume target of around 1.8 million vehicles remains unchanged. Production Deliveries Subject to operating lease […]
Rivian Releases Q3 Production Figures and Sets Date for Third Quarter 2023 Results
IRVINE, Calif.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production totals for the quarter ending September 30, 2023. The company produced 16,304 vehicles at its manufacturing facility in Normal, Illinois and delivered 15,564 vehicles during the same period. These figures remain in line with the company’s expectations, and it believes it is on track to […]
Continental Automotive Honors GlobalLogic with Supplier of the Year Award
Company recognized in the Software Engineering Services Category SANTA CLARA, Calif.–(BUSINESS WIRE)–GlobalLogic Inc., a Hitachi Group Company, announced that it earned the Outstanding Supplier of the Year 2022 award in the category of Software Engineering Services by Continental Automotive. The achievement is a testament to GlobalLogic’s capability in the automotive industry, and reflects the strong […]
ESAB Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call
NORTH BETHESDA, Md.–(BUSINESS WIRE)– ESAB’s financial results press release and supplemental information referenced on the call, if any, for the third quarter 2023 will be available under the “Investors” section of ESAB’s website prior to the conference call. A link to a replay of the call will also be available on the ESAB Corporation website […]
Continental Celebrates First Anniversary of its Autonomous Mobility Manufacturing Plant in Texas
The first-ever Automotive greenfield manufacturing location for Continental’s Autonomous Mobility Business Area produces Advanced Driver Assistance Systems (ADAS) technologies Since opening, the plant has shipped more than 3.5 million units and hired approximately 400 employees The manufacturing facility is strategically located, putting Continental in the center of autonomous testing NEW BRAUNFELS, Texas–(BUSINESS WIRE)–Continental celebrated the […]
indie Semiconductor Extends Warrant Exchange Offer and Consent Solicitation
ALISO VIEJO, Calif.–(BUSINESS WIRE)–indie Semiconductor, Inc. (NASDAQ: INDI) (“indie” or the “Company”), an Autotech solutions innovator, today announced that it has extended its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase shares of Class A common stock of the Company, par value […]
Fisker Raises Additional Growth Capital From Existing Investor; Funding Is $150 Million, With an Additional $550 Million Available
LOS ANGELES–(BUSINESS WIRE)– The Notes are being sold pursuant to a previously announced Securities Purchase Agreement, dated July 10, 2023 (the “Original Purchase Agreement”), by and between the Company and the Investor, as amended by Amendment No. 1 to the Securities Purchase Agreement, dated September 29, 2023 (the “Purchase Agreement Amendment” and, together with the […]
