Hoover CS Appoints New Chief Financial Officer

HOUSTON–(BUSINESS WIRE)–#CFO–Hoover CS, a leading provider of sustainable packaging and fleet management solutions, announced today that Preston Davis has been named CFO. Davis joined the company in November and most recently served as Vice President of Finance and Accounting. “I couldn’t be more pleased to welcome Preston to our executive leadership team,” said Kevin Friar, […]

Smart Eye Acquires Affectiva to Solidify Stronghold on Interior Sensing Market

Companies join forces to lead and accelerate growth and development of AI for automotive Interior Sensing, Media Analytics, Human Factors Research GOTHENBURG, Sweden & BOSTON–(BUSINESS WIRE)–Today, Smart Eye and Affectiva announced that they have entered into an agreement in which Smart Eye will acquire Affectiva for USD $73.5 million. The companies are merging to create […]

SFMTA Acquires 30 Hybrid-Electric ENC E-Z Rider II® 30’ Low-Floor Buses

RIVERSIDE, Calif.–(BUSINESS WIRE)–ElDorado National (California), a subsidiary of REV Group® and industry leader in rightsized heavy-duty transit buses, announced today that San Francisco Municipal Transportation Agency (SFMTA) has awarded a contract for 30 thirty-foot hybrid-electric E-Z Rider II model heavy-duty transit buses for its Municipal Railway (Muni) bus service through ENC’s California based dealer, Creative […]

GM Veteran Wang Dazong Joins Plus’s Advisory Board to Help Accelerate Global Deployment Plans

CUPERTINO, Calif.–(BUSINESS WIRE)–Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that Wang Dazong has joined the company’s Advisory Board. Dr. Wang will bring his decades of experience in scaling large engineering operations and international partnerships to work closely with Plus’s management team on its global deployment strategy and plans. “Dr. Wang […]

Motus Summer Fuel Report Forecasts National Gas Price and Consumption will Peak in August as Travel Spikes

Record-Breaking Increase in Oil Demand Expected to Offset 2020 Oversupply BOSTON–(BUSINESS WIRE)–#ColonialPipeline—Motus, the definitive leader in anywhere workforce solutions, today released its 2021 Summer Fuel Outlook Report. The report highlights key data related to fuel price fluctuations and explores the impact these changes will have on the summer driving season. It also reveals that a […]

Infinitum Electric Raises $40 Million in Series C Funding Led by Energy Innovation Capital

Rockwell Automation buys equity stake in Infinitum Electric; Existing investors Cottonwood Technology Fund, Chevron Technology Ventures and Ajax Strategies participate in round AUSTIN, Texas–(BUSINESS WIRE)–Infinitum Electric, creator of the breakthrough air-core motor, today announced $40 million in Series C funding to scale production of its ultra-high-efficiency, lightweight motors. The investment will be used to expand […]

CentroMotion to Acquire Carlisle Brake & Friction

Creates Global Technology Leader Focused on Mission-Critical Applications WAUKESHA, Wis.–(BUSINESS WIRE)–CentroMotion, a leading designer and manufacturer of highly engineered components and systems for the industrial and transportation markets, today announced that it has entered into a definitive agreement to acquire Carlisle Brake & Friction (“CBF”), the largest global manufacturer of friction materials and mechatronic solutions […]

Lomiko Metals CEO Speaks on the Electric Vehicle Revolution at the Emerging Growth Conference on May 26, 2021

MONTREAL–(BUSINESS WIRE)–$LMR #EV—Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (Lomiko or the “Company”) invites individuals, institutional investors, advisors and analysts to attend its real-time, interactive presentation at the Emerging Growth Conference. Lomiko will present at the Emerging Growth Conference on May 26th, 2021 12 noon EST, 9 am PST, for 30 minutes. Please […]

ACERTUS Hires First CRO to Fuel Next Stage of Growth

Paul Malone joins ACERTUS to lead revenue generation and sales operations across global organization ST. LOUIS–(BUSINESS WIRE)–ACERTUS, a tech-driven automotive logistics and services company, today announced the appointment of Paul Malone to the role of chief revenue officer (CRO). In this newly created position, Malone will lead global sales operations, drive revenue growth, and support […]

Green Machine: LKQ acquires EV battery business

Chicago, Illinois — LKQ Corporation is going green with its new announcement that it has gained the business and assets of Green Bean Battery Company. LKQ, a provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, has expanded by obtaining the battery company, which focuses on reconditioning and installing hybrid […]