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Power Integrations Names Ravi Vig to Its Board of Directors

SAN JOSE, Calif.–(BUSINESS WIRE)–Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that Ravi Vig will join the company’s board of directors on April 1, 2023. From 2017 until 2022 Mr. Vig was president and CEO of Allegro Microsystems, a supplier of sensor and power ICs for the […]

February 7, 2023

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Ford CEO Farley, CFO Lawler to Describe Ford+ Growth Plan, Execution Priorities at Feb. 15 Wolfe Global Auto Conference

DEARBORN, Mich.–(BUSINESS WIRE)–Ford President and Chief Executive Officer Jim Farley and Chief Financial Officer John Lawler will discuss the company’s ambitious, customer-focused plan to grow and create value – and the double transformation bringing it to life – at an upcoming fireside chat with auto analyst Rod Lache. The session at the Wolfe Research Global […]

February 7, 2023

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Liminal Raises $17.5 Million in Series A2 Funding to Catalyze Production of Safe, Reliable, High-Quality EV Batteries

ArcTern Ventures leads, joined by Ecosystem Integrity Fund, Northvolt, and existing investors EMERYVILLE, Calif.–(BUSINESS WIRE)–Liminal, a battery manufacturing intelligence company, today announced a $17.5 million Series A2 funding round, led by climate tech fund ArcTern Ventures, joined by new investors Northvolt and Ecosystem Integrity Fund, and with continued support from Chrysalix Venture Capital, Good Growth […]

February 7, 2023

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Cepton Secures Multi-Million Dollar Lidar Contract from Leading US Highway Tolling System Operator

State-of-the-art lidar solution to be deployed nationwide, helping to improve America’s infrastructure by enabling accurate and intelligent tolling applications SAN JOSE, Calif.–(BUSINESS WIRE)–$CPTN #automotive–Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a leader in high performance lidar solutions for the automotive and smart infrastructure markets, announced today that it has won a multi-million dollar sales contract from one […]

February 7, 2023

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Cenntro Begins Production of Battery Packs in United States and Germany Facilities

Initial Packs to be Installed in Metro Vehicle Line and Incorporate LFP Battery Cells and Proprietary Battery Management Technologies FREEHOLD, N.J.–(BUSINESS WIRE)–Cenntro Electric Group Limited (NASDAQ: CENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that it has begun to assemble and produce battery packs using lithium iron phosphate (“LFP”) […]

February 7, 2023

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Transphorm to Announce Fiscal 2023 Third Quarter Financial Results and Host Business Update Call on February 14th at 5:00pm ET

GOLETA, Calif.–(BUSINESS WIRE)–Transphorm, Inc. (NASDAQ: TGAN)—a pioneer in and global supplier of high-reliability, high-performance gallium nitride (GaN) power conversion products, announced today it will host a conference call and webcast on Tuesday February 14, 2023 at 5:00 p.m. ET to discuss the Company’s financial results for the 2023 fiscal third quarter. Conference Call and Webcast […]

February 7, 2023

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SWTCH Energy and AutoGrid Partner to Integrate Multi-Tenant EV Chargers into Demand Response Programs

This partnership marks the first demand response program in North America to incorporate EV chargers in multi-unit residential buildings TORONTO–(BUSINESS WIRE)–SWTCH Energy, a company specializing in electric vehicle (EV) charging solutions for multi-tenant properties, and AutoGrid, the industry’s leading virtual power plant (VPP) and distributed energy resources management system (DERMS) provider, today announced a partnership […]

February 7, 2023

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onsemi Exceeds Fourth Quarter Expectations and Announces $3 Billion Share Repurchase Program

Achieved record annual revenue, gross margin, and free cash flow PHOENIX–(BUSINESS WIRE)–onsemi (the “Company”) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2022 results with the following highlights: Fourth quarter revenue of $2,103.6 million increased by 14% year-over-year Fourth quarter GAAP gross margin of 48.5% increased by 343 bps year-over-year and non-GAAP gross […]

February 7, 2023

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Traxys Group to be Acquired by Traxys Management, Optiver and Investors

Bolsters Company’s Leadership in the EV Raw Material Chain Traxys and Optiver to Form Strategic Relationship to Develop New Solutions for Market Participants NEW YORK & LUXEMBOURG & AMSTERDAM–(BUSINESS WIRE)–Traxys, a leading global physical trader and merchant in metals and natural resources, today announced a change of ownership. Traxys’ management, together with Optiver, a global […]

February 6, 2023

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John Deere Compact Tractor Dealers Ranked First for Responding to Website Customers, Industry Survey Shows

57% of compact tractor website customers industrywide received no personal reply to their inquiry MONTEREY, Calif.–(BUSINESS WIRE)–John Deere dealerships ranked highest in the 2023 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Compact Tractor Industry Study, which measured responsiveness to Internet leads coming through dealership websites – behaviors tied directly to retail sales success. Dealers selling […]

February 6, 2023

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