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Benjamin Michajlyszyn Joins Hyundai Motor North America as Director, Safety Test and Investigations Laboratory

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Mittwoch, Mai 17, 2023

Progress in Human Geography, Hyundai Motor Manufacturing Alabama, SUPERIOR, Hyundai Motor America, Hyundai Motor Company, Rivian, Multimedia, Organization, Superior, SUV, Humanity, Genesis, General Motors, Safety, Automotive industry, Hyundai

SUPERIOR TOWNSHIP, Mich., May 17, 2023 /PRNewswire/ -- Hyundai Motor North America has named Benjamin Michajlyszyn as the director of the safety test and investigations laboratory located in Superior Twp., Mich.

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SUPERIOR TOWNSHIP, Mich., May 17, 2023 /PRNewswire/ -- Hyundai Motor North America has named Benjamin Michajlyszyn as the director of the safety test and investigations laboratory located in Superior Twp., Mich.
He will oversee the new safety laboratory by supporting and executing all safety related test and vehicle field investigation activities for Hyundai Motor North America and Genesis Motor North America.
Michajlyszyn started on Monday, May 15 and reports to Brian Latouf, global chief safety officer, Hyundai Motor Company.
The new safety test and investigations laboratory further augments Hyundai's existing safety testing and analysis.

Odyssey Retail Advisors Announces Expansion

Retrieved on:

Mittwoch, Mai 10, 2023

“This expansion will further enable the Odyssey team to partner with prominent landlords and retailers in two highly competitive and diverse markets,” stated Principal and Co-founder Richard Johnson at Odyssey Retail Advisors.

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“This expansion will further enable the Odyssey team to partner with prominent landlords and retailers in two highly competitive and diverse markets,” stated Principal and Co-founder Richard Johnson at Odyssey Retail Advisors.
Sharon is a longstanding member of the Magnificent Mile Association and was the founder of Women in Retail Leasing, a specialty group for women in the retail real estate industry.
She specializes in retail, mixed-use and lifestyle brands in Chicago’s major retail neighborhoods and exclusive suburbs.
Our strength in upscale retail advisory is growing exponentially with the background and expertise these teams bring to our brand,” said Rick Strauss, a Principal at Odyssey.

Rivian Releases First Quarter 2023 Financial Results

Retrieved on:

Dienstag, Mai 9, 2023

EV, Electric Vehicles, Environmental Health, Alternative Vehicles, Fuels, General Automotive, Technology, Automotive, General Entertainment, Environment, Other Transport, Green Technology, Transport, Automotive Manufacturing, Manufacturing, Letter, Multimedia, Automotive industry, Rivian

Rivian Automotive, Inc. (NASDAQ: RIVN) has today published a letter to its shareholders containing the company’s first quarter 2023 financial results.

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Rivian Automotive, Inc. (NASDAQ: RIVN) has today published a letter to its shareholders containing the company’s first quarter 2023 financial results.
The letter is available on its investor relations website ( https://rivian.com/investors ).
View the full release here: https://www.businesswire.com/news/home/20230509006226/en/
The R1 line at the Rivian plant in Normal Illinois - image by Nathan Heleine (Photo: Business Wire)
Rivian will host an audio webcast to discuss its results and provide a business update at 2:00pm PT / 5:00pm ET today, May 9.
The live webcast will be available at https://edge.media-server.com/mmc/p/d7pqcpn9 and a replay will be available for four weeks at https://rivian.com/investors .

Mitchell Expands Support for EVs Through Industry-First Data Licensing Agreement with Rivian

Retrieved on:

Donnerstag, Mai 4, 2023

SAN DIEGO, May 4, 2023 /PRNewswire/ -- Mitchell, an Enlyte company, today announced that it is the first collision industry information provider to sign a data licensing agreement with electric vehicle (EV) manufacturer Rivian. This will allow auto insurers and collision repairers using Mitchell Cloud Estimating and Mitchell Cloud Estimating TruckMax to write damage appraisals and access repair procedures for the OEM's full line-up of passenger and commercial vehicles: the R1T, R1S and Electric Delivery Van (EDV).

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SAN DIEGO, May 4, 2023 /PRNewswire/ -- Mitchell, an Enlyte company, today announced that it is the first collision industry information provider to sign a data licensing agreement with electric vehicle (EV) manufacturer Rivian .
Unfortunately, this may occasionally include a collision event," said Rivian's Manager, Collision Data and Industry Relations, Brandon Chittenden.
Among the patent-pending, industry-first enhancements to Mitchell Cloud Estimating are features that directly address the design and construction differences between EVs and ICE-powered automobiles.
In total, Mitchell has authored data for 168 mild hybrid, hybrid, plug-in hybrid and battery electric vehicles, which represents 3,500 unique configurations.

Rivian R1S SUV Earns IIHS TOP SAFETY PICK+, Joining R1T Pickup

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Mittwoch, Mai 3, 2023

Automotive, General Automotive, Other Automotive, EV, Electric Vehicles, Alternative Vehicles, Fuels, Autonomous Driving, Vehicles, IIHS, Chassis, Rivian, SAFETY, Safety, Automotive industry, Insurance Institute for Highway Safety, SUV, Road, Rail transport

Rivian Automotive, Inc. (NASDAQ: RIVN), along with the Insurance Institute for Highway Safety (IIHS), today announced the electric vehicle builder’s R1S SUV as an IIHS TOP SAFETY PICK+ for the 2023 model year.

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Rivian Automotive, Inc. (NASDAQ: RIVN), along with the Insurance Institute for Highway Safety (IIHS), today announced the electric vehicle builder’s R1S SUV as an IIHS TOP SAFETY PICK+ for the 2023 model year.
R1S joins the Rivian R1T pickup in receiving this designation, meaning both of the company’s flagship consumer vehicles now hold the independent nonprofit’s highest safety award for 2023.
To date for the 2023 model year, the Rivian R1S is the only vehicle in the large SUV category to win the TOP SAFETY PICK+ award.
The 2023 Rivian R1T pickup is one of just three large pickups to earn the TOP SAFETY PICK+ designation to date.

Rivian Hires Anthony Sanger as First VP for its Georgia Manufacturing Facility

Retrieved on:

Dienstag, Mai 2, 2023

Alternative Energy, Energy, EV, Electric Vehicles, Automotive, Sanger, Turner & Townsend, Facility, AECOM, Construction, Eye, Automotive industry, Fair Employment Practice Committee, Construction Management Association of America, Auburn University College of Architecture, Design, and Construction, CMAA, Birth control, Management, Rivian

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced it has hired Anthony Sanger as the first Vice President of Facilities for its planned manufacturing facility at Stanton Springs North in Georgia.

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Rivian Automotive, Inc. (NASDAQ: RIVN) today announced it has hired Anthony Sanger as the first Vice President of Facilities for its planned manufacturing facility at Stanton Springs North in Georgia.
Sanger brings with him a wealth of experience, having worked in the program and construction management industry for more than 35 years.
Sanger joins Rivian after six years with Turner & Townsend.
“I couldn’t be more excited to join Rivian as it prepares for construction of its second flagship plant here in Georgia.

Sepion Technologies Appoints Dr. Brian C. Sisk as CTO to Drive Product Development and Partnerships

Retrieved on:

Dienstag, Mai 2, 2023

In this role, Sisk will oversee Sepion's battery materials development, cell engineering, and strategic partnerships.

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In this role, Sisk will oversee Sepion's battery materials development, cell engineering, and strategic partnerships.
Prior to Rivian, Sisk served as Vice President of Cell Product Development at A123 Systems where he contributed to the company's market leadership for low-voltage 48V and 12V automotive batteries.
"I am excited to join Sepion Technologies and work with the accomplished team here to drive innovation and bring new products to market," noted Sisk.
For more information about Sepion Technologies, visit its website at Sepiontechnologies.com or on LinkedIn and Twitter .

The Wall Street Journal and Realtor.com® Release Spring 2023 Emerging Housing Markets Index Report

Retrieved on:

Mittwoch, April 26, 2023

Unemployment, Employment, Housing, Omaha–Council Bluffs metropolitan area, Illinois State University, Quality of life, Sale, Index, United States Census Bureau, City, 117th Delaware General Assembly, Center for Economic Studies (U.S. Census Bureau), Pharmaceutical industry, Film industry, Rivian

The average increase in listing price was 29% among the top 20 markets compared to 12% nationally for the 12 months ending in March 2023.

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The average increase in listing price was 29% among the top 20 markets compared to 12% nationally for the 12 months ending in March 2023.
Although 17 of the top 20 emerging markets saw an increase in time on market, homes sold on average 12 days faster than the average across the 300 markets ranked for the index (36 vs. 40 days).
Just two of the top 20 markets had an unemployment rate above the 300-market average (3.6%) and on average unemployment in the top 20 emerging markets was just 3.0%.
This list’s highest-ranked emerging market is Lafayette-West Lafayette, Ind., the same as last quarter in our winter 2023 index.

Georgia Power commits $5M to e-mobility at UGA

Retrieved on:

Freitag, April 21, 2023

ATHENS, Ga., April 21, 2023 /PRNewswire/ -- The field of electric mobility, or e-mobility, is an area of tremendous growth in the state of Georgia. Thanks to a $5 million gift from Georgia Power Company to the UGA College of Engineering, the University of Georgia is aiming to be a leader in e-mobility for years to come.

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Thanks to a $5 million gift from Georgia Power Company to the UGA College of Engineering, the University of Georgia is aiming to be a leader in e-mobility for years to come.
"The University of Georgia is extremely grateful to Georgia Power Company for their generous investment in our efforts to advance e-mobility through teaching, research, and outreach," said UGA President Jere W. Morehead.
"Through our long-standing partnership with Georgia Power, UGA is expanding the educational opportunities available to our students and contributing to the economic development of our state."
Georgia Power Chairman, President and CEO Kim Greene announced the gift at the second annual Electric Mobility Summit hosted by the University of Georgia.

Rivian Upsizes and Extends Credit Facility

Retrieved on:

Mittwoch, April 19, 2023

Automotive, Automotive Manufacturing, EV, Electric Vehicles, Environment, Manufacturing, Green Technology, Alternative Vehicles, Fuels, Credit agreements in South Africa, JPMorgan Chase, Chase Bank, Holding, Automotive industry, Credit, Security (finance), Bank, Rivian

Rivian Automotive, Inc. (NASDAQ: RIVN) has today announced that Rivian Holdings LLC, a direct subsidiary of Rivian Automotive, has entered into an Amended and Restated asset-based revolving Credit Agreement (A&R Credit Agreement) with JPMorgan Chase Bank as administrative agent.

Key Points:

Rivian Automotive, Inc. (NASDAQ: RIVN) has today announced that Rivian Holdings LLC, a direct subsidiary of Rivian Automotive, has entered into an Amended and Restated asset-based revolving Credit Agreement (A&R Credit Agreement) with JPMorgan Chase Bank as administrative agent.
This A&R Credit Agreement amended Rivian’s existing credit agreement dated May 20, 2021.
“The amendments to our asset-based revolving credit facility reinforce Rivian's strong balance sheet position and reflect an important step in our portfolio based capital roadmap.
Our amended asset-based revolving credit facility doubles the available revolving commitments to $1.5 billion, increases the letters of credit capacity, extends the maturity and includes other amended terms structured to support the rapid scaling of our business.”
The A&R Credit Agreement also permits Rivian Holdings, subject to the terms and conditions thereof, to obtain additional revolving commitments, so long as the total amount of all revolving commitments under the A&R Credit Agreement does not exceed $2.0 billion after giving effect to such additional revolving commitments.