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IAA Announces Auction Centers in Kazakhstan, Kyrgyzstan and Russia

Company’s market alliance agreement with CAROMOTO will further assist buyers in Eastern Europe and Central Asia WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces a new market alliance agreement with CAROMOTO in Kazakhstan, Kyrgyzstan and Russia. IAA Auction Centers are now open in Almaty and Pavlodar […]

Online Automotive Retailer Vroom Announces Amendment of Floorplan Commitment from Ally Financial

Amendment Increases Line of Credit to $700 million NEW YORK–(BUSINESS WIRE)–$VRM #VRM–Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles (the “Company”), today announced an amendment to its inventory financing agreement with Ally Financial Inc. (NYSE: ALLY), a leading digital financial services company, to increase the line of credit to $700 […]

Volta Joins in Support of the Environmental Protection Agency’s Announcement of Historic Greenhouse Gas Pollution Rules for Passenger Vehicles

SAN FRANCISCO–(BUSINESS WIRE)–Volta Inc. (“Volta”), the industry leader in commerce and people-centric electric vehicle (“EV”) charging, joined in support of the Environmental Protection Agency’s (EPA) announcement this morning that takes significant strides towards an all-electric, zero-emissions transportation future. The EPA is finalizing federal greenhouse gas (GHG) emissions standards for passenger cars and light trucks that […]

RiverCell Consortium announces Successful Demonstration of Advent Serene Fuel Cells to the Maritime Sector

BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that its fuel cell unit for the Maritime Sector – developed within the frame of the RiverCell Consortium – has passed safety testing, as well as a safety assessment completed by DNV, one of the world’s leading classification societies. RiverCell, a demonstration project supported by […]

Data I/O Announces Appointment of Dr. Cheemin Bo-Linn to Board of Directors

REDMOND, Wash.–(BUSINESS WIRE)–Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced data and security deployment solutions for flash, flash-memory based intelligent devices and microcontrollers, announced that Dr. Cheemin Bo-Linn will be joining the Board of Directors of Data I/O. Dr. Cheemin Bo-Linn is the CEO of Peritus Partners, a valuation accelerator, for industry […]

Kansas City Southern Announces 21st Anniversary Holiday Express Fundraising Results to Benefit Salvation Army in 21 Communities

KANSAS CITY, Mo.–(BUSINESS WIRE)–Kansas City Southern (KCS) announced today that the 21st anniversary KCS Holiday Express program in partnership with The Salvation Army has raised over $280,000 to benefit The Salvation Army in 21 communities on the U.S. rail network. Those communities include Kansas City and Slater, Mo.; East St. Louis, Ill.; Pittsburg, Kan.; Ashdown […]

Faction Announces Funding from TDK Ventures

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–#autonomousvehicles—Faction Technology, Inc. – Faction today announced an investment from TDK Ventures, Inc., a subsidiary of TDK Corporation (TSE:6762). Faction is taking a unique approach to both driverless technology and lightweight vehicle systems that can dramatically impact how we move goods and people. Faction vehicles combine autonomy with remote human teleoperation […]

Fisker Inc. Announces Its First-Ever NFT Series, Fisker by Hand: OCEAN Concept Collection

Fisker will launch exclusive digital art NFTs of original pen-on-paper sketches from the hand of Founder and Chief Designer, Henrik Fisker This founder’s collection is emotionally crafted and will be auctioned through responsible sources, support brand pillars of design, innovation and sustainability Fifty percent of proceeds from Fisker by Hand: OCEAN Concept Collection auction benefits […]

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