Xos Highlights How its Flex Manufacturing Strategy is More Cost and Time Efficient

Leverages existing facilities and labor talent through strategic manufacturing partnerships Enables Xos to assemble up to 5,000 vehicles annually per facility at a cost approximately 80% less than a traditional large-scale automotive manufacturing facility LOS ANGELES–(BUSINESS WIRE)–Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles (“Xos” or the “Company”) […]

Orion Engineered Carbons First To Launch Renewable Carbon Black To The Tire Industry: ECORAX® Nature

This new family of products pioneers the use of renewable carbon black for the demanding requirements of tire treads. HOUSTON, Texas–(BUSINESS WIRE)–$OEC #chemicals—Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced the commercial launch of ECORAX® Nature, a new family of products developed for rubber applications […]

RumbleOn Appoints Peter Levy, the Company’s Chief Operating Officer, to its Board of Directors

DALLAS–(BUSINESS WIRE)–RumbleOn, Inc. (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced Peter Levy, the Company’s Chief Operating Officer has been appointed to its Board of Directors, effective June 17, 2021. Levy has a 25-year distinguished career in both building and […]

RumbleOn Appoints Beverly Rath as Interim Chief Financial Officer and Controller

Beverly Rath Will Succeed Steven Berrard as Chief Financial Officer, Effective Immediately Company Promotes Carlos Ramirez to Assistant Controller DALLAS–(BUSINESS WIRE)–RumbleOn, Inc. (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced that Beverly Rath will act as Interim Chief Financial Officer […]

Nissan Strengthens Commitment to Diversity, Equity and Inclusion; Promotes New Head of Americas Diversity Office

NASHVILLE, Tenn.–(BUSINESS WIRE)–Nissan has announced the promotion of Keri Floyd Kelly to director of Diversity, Equity and Inclusion (DEI) for Nissan Group of North America. Kelly is responsible for developing diversity and inclusion strategies to integrate into the Nissan business, steering the Executive and Advisory Diversity Councils, and cultivating sustained relationships with civic and community […]

Continental Moves Ahead on State-of-the-Art Facility to Build Advanced Driver Assistance Systems in Texas

Facility in New Braunfels, Texas represents approximately $110 million (about €100 million) long-term investment and continued growth of Advanced Driver Assistance Systems (ADAS) State-of-the-art facility will manufacture and build ADAS products to enable the future of assisted and automated driving Construction is advancing now with operations expected to start next year NEW BRAUNFELS, Texas–(BUSINESS WIRE)–#ADAS–Technology […]

Ford™ Acquires Electriphi to Provide Ford Pro Commercial Customers with Seamless Charging and Energy Management

Ford plans to integrate Electriphi’s capabilities with Ford Pro services to develop the most advanced charging and energy management experiences for commercial customers Electriphi acquisition will accelerate electric vehicle fleet adoption by offering commercial customers depot charging management together with vehicles like F-150 Lightning Pro and E-Transit van The acquisition is part of Ford’s plan […]

ChargePoint Partners with Mercedes to Power Industry-leading EV Charging Experience

Complete Mercedes me Charge charging solution offers access to the largest number of places to charge in North America and seamless integration in-vehicle and in-app CAMPBELL, Calif.–(BUSINESS WIRE)–#Bethechange—ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (“EV”) charging network, along with Mercedes-Benz USA, today announced the new benchmark in EV charging in North America, Mercedes me […]

KeepTruckin Raises $190 Million in New Funding

Investments in advanced AI-powered products and world-class talent fuel the company’s 70% annualized growth SAN FRANCISCO–(BUSINESS WIRE)–KeepTruckin, the leader in fleet management technology, today announced that it has raised $190 million in new funding from G2 Venture Partners, Index Ventures, Greenoaks, IVP, Scale Venture Partners, funds managed by BlackRock, and several other leading investors. The […]

Subprime Auto ABS Thriving, But Regulatory Uncertainty Looms

NEW YORK–(BUSINESS WIRE)–#CreditChronometer–Subprime auto market participants are expecting some deterioration in 2021 as concerns shift from the economic uncertainty brought about by the pandemic, to regulatory uncertainty ushered in with the new presidential administration. The potential for heightened regulatory scrutiny is weighing on market players, according to the third annual market study released today by […]