Orion Engineered Carbons Enters Into Sustainability-Linked Term Loan

Among the first sustainability-linked term loans by a public corporate issuer in the U.S. HOUSTON–(BUSINESS WIRE)–Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced the successful issuance of a $650 million-equivalent 7-year sustainability-linked Term Loan B, across Euros and U.S. Dollars. With this transaction, Orion has replaced […]

indie Semiconductor Expands Edge Compute, Perception-Enabled Vision Processing Capabilities

Establishes New Business Unit Led by Industry Veterans Sets a New Paradigm for Automotive Sensing Solutions Augments indie’s Product Offerings and Creates New Opportunities with Tier 1 Customers ALISO VIEJO, Calif.–(BUSINESS WIRE)–$INDI #indiesemi–indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, has created a dedicated business unit focused exclusively on high quality perception-enabled, vision processing […]

IAA, Inc. Announces Third Quarter Fiscal 2021 Earnings Conference Call

WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it intends to release its financial results for the third quarter of fiscal 2021 before market open and host a conference call at 9:00 a.m. Eastern Time on Tuesday, November 2, 2021. A live audio webcast of […]

Allison Transmission Developing a Next Generation Electrified Transmission

Allison to accelerate development of transformational electrified transmission technologies for future U.S. Army combat vehicles INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles is accelerating the development of electrification technology for integration into the U.S. […]

BYD and Levo Announce Collaboration to Deploy Up to 5K Battery-Electric Vehicles to Intelligently Electrify U.S. Fleets

The new collaboration plans to leverage Nuvve’s technology and Stonepeak’s and Evolve’s capital through Levo to offer fully financed, V2G-enabled BYD medium- and heavy-duty electric fleet vehicles LOS ANGELES & SAN DIEGO–(BUSINESS WIRE)–BYD, the world leader in electric vehicles, and Levo Mobility LLC (“Levo”), a joint venture of Nuvve Holding Corp. (Nasdaq: NVVE) (“Nuvve”), affiliates […]

Damon Motors to Manufacture HyperSport Motorcycles in Vancouver, BC

Company’s upcoming 110,000 square foot facility in Surrey to provide hundreds of jobs VANCOUVER, British Columbia–(BUSINESS WIRE)–Damon Motors today announced it will build a cleantech manufacturing and R&D plant in Surrey B.C. The state-of-the-art, 110,000 square foot facility, being developed in partnership with Bosa Properties, will serve as ground zero for production of Damon’s flagship […]

Kudelski IoT and Idneo Enable Secure and Simple Accessibility Solutions to Electric Vehicles and Mobility-As-A-Service Clients

The solution, in deployment at innovative electric vehicles (EV) companies, enables users to securely enter and start vehicles with only a key fob, NFC card or smartphone CHESEAUX-SUR-LAUSANNE, Switzerland & PHOENIX & BARCELONA, Spain–(BUSINESS WIRE)–#ev—Kudelski IoT, a division of the Kudelski Group (SIX: KUD.S), the world leader in digital security and IoT solutions, and Idneo […]

Richard Rawlings & Gas Monkey Garage Partner With Polaris Slingshot on One-of-a-Kind Custom

Gas Monkey Garage to Chronicle Build with Five-Part Video Series Premiering Exclusively on Polaris Slingshot’s YouTube Channel DALLAS–(BUSINESS WIRE)–Richard Rawlings, along with his crew at Gas Monkey Garage, today announced a partnership with Polaris Slingshot that will showcase Rawlings’ personality through a one-of-a-kind custom build and five-part video series. Known for his creative vision and […]

Aurora CEO Chris Urmson to Discuss Advances in Self-driving With Axios at Industry Event

Aurora executives to share leadership insights at National Transportation Safety Board (NTSB) and Scale TransformX events MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–#aurora–Following Aurora Illuminated Investor & Analyst Days, leadership of self-driving company Aurora will speak at several industry events this week. The company – which announced earlier this summer its plans to merge with the special purpose […]

Automotive Industry and Investor Confidence Boosts Tekion Value to $3.5 Billion

Additional $250 million in funding More than tripled in value to $3.5B in less than a year since announcing last round of funding Alkeon Capital, Durable Capital Partners, Hyundai Motor Company and several automotive dealer groups across the country among new investors Repeat investors include Advent International and Index Ventures Funding supports global growth and […]