Lumileds Announces Confirmation of Plan of Reorganization

Court Approves Nearly Unanimous Plan to Deleverage and Strengthen Balance Sheet while Enhancing Liquidity through a Significant New Money Investment, Positioning Company for Long-Term Growth Company Plans to Emerge Week of October 31, 2022 SAN JOSE, Calif.–(BUSINESS WIRE)–Lumileds Holding B.V. (“Lumileds” or the “Company”), a global leader in innovative lighting solutions, announced today that the […]

North America Automotive Backing Plate Market Report 2022-2028: Growing Demand for Automatic Braking Systems in Vehicles & Regenerative Braking to Create Lucrative Opportunities in EV Ecosystem – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “North America Automotive Backing Plate Market Forecast to 2028 – COVID-19 Impact and Regional Analysis By Brake Types, Brake Material Type, and Vehicle Type” report has been added to ResearchAndMarkets.com’s offering. The North America Automotive Backing Plate market is expected to reach US$ 146.55 million by 2028 from US$ 117.83 million in 2021. […]

North America Automotive Brake Friction Products Market Report 2022: Rising Trends Towards Enhanced Vehicle Safety with ABS and EBD – Forecasts to 2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “North America Automotive Brake Friction Products Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Disc Materials, Product Type, and Vehicle Type” report has been added to ResearchAndMarkets.com’s offering. The automotive brake friction products market in North America is expected to grow from US$ 1,745.62 million in 2021 to US$ […]

Microvast Joins Consortium Led by Shell to Drive Decarbonisation of Mining Industry

HOUSTON–(BUSINESS WIRE)–Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced its participation in a mining industry electrification consortium led by Shell. The consortium’s pilot offering of electrification solutions for off-road mining vehicles aims to advance the electrification of mining sites and reduce emissions by shifting away […]

A Step Up: Dodge patents swing-out tailgate step design for Ram trucks

Toronto, Ontario — The engineering department at Dodge is looking to give Ram drivers a leg-up in a literal sense, as a new patent filed by the company has been unearthed, outlining a switchblade-like step housed within a truck’s tailgate. Based on the diagrams uncovered first by Motor Authority, the step appears to swing out […]

Secure the Bag: Rexall Solutions to unveil Rex-Allbag, reusable aerosol can at SEMA 2022

Toronto, Ontario — SEMA 2022 is already only a few weeks out and Rexall Solutions believes they have this year’s product spotlight in the bag—or rather, the company’s new product under the spotlight for this year is…a bag. Introducing the Rex-Allbag. This innovative new approach to aerosols changes the delivery method of your favourite spray-based […]