Automotive Parts Aftermarket Market in US to Grow by $ 17.26 bn in 2020 | Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast 2024 | Technavio

LONDON–(BUSINESS WIRE)–#AutomotivePartsAftermarketMarketinUS–Technavio has been monitoring the automotive parts aftermarket market in US and it is poised to grow by USD 17.26 bn during 2020-2024, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. […]

Alta Equipment Group to Acquire Construction Dealership Assets from Vantage Equipment, LLC

Acquisition Solidifies Alta’s presence in New York State by Adding Construction Dealership LIVONIA, Mich.–(BUSINESS WIRE)–Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”) today announced that it has entered into a definitive agreement with Vantage Equipment, LLC (“Vantage”), a privately held construction equipment dealer operating three branches across New York State in Batavia, Syracuse […]

Superior Industries Announces the Appointment of Michael Dorah as Senior Vice President, President North America

SOUTHFIELD, Mich.–(BUSINESS WIRE)–Superior Industries International, Inc. (NYSE:SUP), one of the world’s leading aluminum wheel suppliers for OEMs and the European aftermarket, today announced the appointment of Michael Dorah as Senior Vice President, President North America, effective January 11, 2021. “Michael has deep experience in operational leadership roles within the automotive sector and a track record […]

Alta Equipment Group Inc. Prices $30 Million Offering of Series A Cumulative Perpetual Preferred Stock

LIVONIA, Mich.–(BUSINESS WIRE)–Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “company”), a leading provider of premium industrial and construction equipment and related services, today announced the pricing of its underwritten registered public offering of 1,190,000 depository shares at an initial public offering price of $25 per share, raising gross proceeds of $29,750,000 before deducting […]

Flux Power Announces Three Patents Pending for Advanced Lithium-ion Battery Technology

VISTA, Calif.–(BUSINESS WIRE)–$FLUX #IP–Flux Power Holdings, Inc. (“Flux Power”) (NASDAQ: FLUX), a developer of advanced lithium-ion industrial battery packs for commercial and industrial equipment, today announced three new patents pending on advanced technology related to lithium-ion battery packs. The US Patent and Trademark Office has assigned serial numbers for the following patents pending: 63/116,839 – […]

Velodyne Lidar Signs Multi-Year Sales Agreement with Motional to Provide Alpha Prime Sensors for Its Driverless Vehicles

SAN JOSE, Calif.–(BUSINESS WIRE)–#VelodyneLidar—Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced a multi-year sales agreement for Alpha Prime™ sensors with Motional, a global driverless technology leader. Velodyne will be the exclusive provider of long-range, surround view lidar sensors for Motional’s SAE Level 4 driverless vehicles. The Alpha Prime sensor is industry-leading for its combined range, resolution […]

Ride the Bus: Lion Electric announces EV school bus deployment

Montréal, Québec — The Lion Electric Company has announced that it has been successful in using its electric school buses to supply electricity to Con Edison utility customers, part of the company’s vehicle-to-grid (VSG) pilot deployment in White Plains, New York. The project, which began in 2019 in partnership among Lion, Nuvve, White Plains School […]

EV/AV Report: December 21, 2020

Toronto, Ontario – In this week’s electric and autonomous vehicle report, LeddarTech announces a partnership with Renesas, CIECA releases a video on best practices for ADAS repair and GreenPower Motor Company delivers its first EV Star Cargo Plus to the City of Vancouver. Another Rung on the Leddar Global ADAS developer, LeddarTech, has announced a […]

Let It Snow: Nissan electric car designs inspire do-it-yourself, holiday joy

Toronto, Ontario — It often starts with a line, more specifically with a brushstroke. This is how a lot of car designers kick off their sketches. In collaboration with paper toy maker Tougui, Nissan is bringing these lines to life with a wintery twist this holiday season. “First, you roughly define the proportion of your […]