Volvo

HYZON ANNOUNCES FOURTH QUARTER 2023 FINANCIAL AND OPERATING RESULTS

Retrieved on: 
Friday, March 22, 2024
Membrane electrode assembly, Burn, Q&A, Food group, REMONDIS, Sale, Public expenditure, SOP, FCEV, Volvo, Investment, PFG, Performance Food Group, FCS, Gesellschaft mit beschränkter Haftung, Propane

BOLINGBROOK, Ill., March 22, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems focused on providing zero-emission power to decarbonize the most demanding industries, today announced its fourth quarter 2023 financial and operational results:

Key Points: 
  • As of December 31, 2023, Hyzon deployed 19 vehicles under commercial agreements to customers in 2023, towards the upper end of its annual guidance range of 15-20 vehicles.
  • Hyzon also delivered four FCEVs to leading food distributor and supplier, PFG, in December 2023.
  • Hyzon completed its B-sample development phase of the 200kW Fuel Cell System (FCS) in Q4 2023, and advanced to C-sample development phase.
  • The Hyzon management team will host a conference call to discuss its fourth quarter financial results on Friday, March 22, 2024 at 8:30 am Eastern Time.

Volvo Group and Renault Group complete creation of a joint venture for an all-new generation of electric vans: Flexis SAS

Retrieved on: 
Friday, March 22, 2024
EUR, CMA, Volvo, CMA CGM, Software, Automotive industry

GOTHENBURG, Sweden, March 22, 2024 /PRNewswire/ -- Following the binding joint venture agreements signed on October 6th, 2023, Volvo Group and Renault Group have obtained all the required regulatory approvals and have now officially launched the new company Flexis SAS for the next generation fully electric and software defined vehicles.

Key Points: 
  • GOTHENBURG, Sweden, March 22, 2024 /PRNewswire/ -- Following the binding joint venture agreements signed on October 6th, 2023, Volvo Group and Renault Group have obtained all the required regulatory approvals and have now officially launched the new company Flexis SAS for the next generation fully electric and software defined vehicles.
  • The new company, which will be based in France, will address the growing needs of decarbonized and efficient urban logistics.
  • Volvo Group and Renault Group plan to invest respectively EUR 300 million over the next three years.
  • Following its non-binding agreement on October 6th, 2023, CMA CGM Group has confirmed its interest for a strategic investment up to EUR 120 million in Flexis through PULSE, its EUR 1.5 billion investment fund aimed at fostering the decarbonization of the logistics value chain.

Volvo Cars taps TDCX to enhance customer experience for Europe

Retrieved on: 
Thursday, March 21, 2024
Automation, Volvo, Growth, Volvo Cars, Partnership, Social media, Research, CX, System, Car, Language, Emotion

Mr. Niclas Medin, Head of Outsourcing Volvo Cars, said, "Beyond making cars that serve our customers' lifestyles and are sustainable and safe, we are committed to helping them enjoy the experience of owning a Volvo.

Key Points: 
  • Mr. Niclas Medin, Head of Outsourcing Volvo Cars, said, "Beyond making cars that serve our customers' lifestyles and are sustainable and safe, we are committed to helping them enjoy the experience of owning a Volvo.
  • TDCX has set up CX teams for Volvo Cars in Romania and Türkiye, serving as a hub to serve customers in Europe.
  • Volvo Cars partnership with TDCX in Europe builds on its successful tie-up in Malaysia which started just over a year ago.
  • TDCX's expertise in omnichannel customer support and lead generation has proven instrumental in paving the way for a more seamless engagement between Volvo Cars and its customers.

AANA and AANA Insurance Services Announce 2024 Rm8 iNoV8 Pitch Competition

Retrieved on: 
Wednesday, March 20, 2024
Congress, Anesthesia, Volvo, Patient, Public, Private sector, Anesthesiology, Patient safety, Multimedia, Certified Registered Nurse Anesthetist, Nursing

ROSEMONT, Ill., March 20, 2024 /PRNewswire/ -- The American Association of Nurse Anesthesiology (AANA) and AANA Insurance Services will host the inaugural Rm8 iNoV8 Pitch Competition on August 5, at the AANA 2024 Annual Congress in San Diego, California.

Key Points: 
  • ROSEMONT, Ill., March 20, 2024 /PRNewswire/ -- The American Association of Nurse Anesthesiology (AANA) and AANA Insurance Services will host the inaugural Rm8 iNoV8 Pitch Competition on August 5, at the AANA 2024 Annual Congress in San Diego, California.
  • The Rm8 iNoV8 Pitch Competition is open to CRNA-led innovations across sectors, including academia, healthcare, community, public health, or the private sector.
  • "The Rm8 iNoV8 Pitch Competition advances AANA's commitment to driving innovation and progress for CRNAs, their patients and the anesthesiology profession," said AANA CEO Bill Bruce.
  • "It gives five entrepreneurial teams the opportunity to pitch their products to potential customers and investors, network with industry professionals, receive pitch coaching, and enhance their brand with inclusion in marketing efforts by AANA, AANA Insurance Services, and Rm8."

Leading Automotive Technical Standards Association, STAR, Announces 2024 Officers, and Board of Directors

Retrieved on: 
Wednesday, March 20, 2024
Microsoft, Organization, NADA, National Automobile Dealers Association, Digital architect, History, STAR, OEM, Senior, Volvo, API, Nissan USA, General Motors, Film industry

MCLEAN, Va., March 20, 2024 /PRNewswire-PRWeb/ -- The Standards for Technology in Automotive Retail (STAR), the leading automotive IT standards organization, announced the election of its 2024 Board of Directors and Officers. The Board consists of three representatives elected from its membership of technology providers, three from its membership of dealers and dealer associations, and three from its membership of automotive manufacturers.

Key Points: 
  • The Standards for Technology in Automotive Retail (STAR), the leading automotive IT standards organization, announced the election of its 2024 Board of Directors and Officers.
  • The Board consists of three representatives elected from its membership of technology providers, three from its membership of dealers and dealer associations, and three from its membership of automotive manufacturers.
  • MCLEAN, Va., March 20, 2024 /PRNewswire-PRWeb/ -- The Standards for Technology in Automotive Retail (STAR), the leading automotive IT standards organization, announced the election of its 2024 Board of Directors and Officers.
  • Elections are competitive- with only those member organizations which are in good financial standing allowed to vote or run for a seat on the Board.

2024 AJAC Innovation Award winners announced by Automobile Journalists Association of Canada

Retrieved on: 
Wednesday, March 20, 2024
Automation, Volvo, Range Rover, Safety, The Economist, Sale, Crash, BMW, Lidar, SUV, Automotive industry

VANCOUVER, BC, March 19, 2024 /CNW/ - The three winners of the 2024 AJAC Innovation Awards, presented by the Automobile Journalists Association of Canada (AJAC), were announced today during the opening ceremonies of Elevate, the Vancouver Auto Show.

Key Points: 
  • VANCOUVER, BC, March 19, 2024 /CNW/ - The three winners of the 2024 AJAC Innovation Awards, presented by the Automobile Journalists Association of Canada (AJAC), were announced today during the opening ceremonies of Elevate, the Vancouver Auto Show.
  • The BMW 5th-Generation Electric Drive System is the winner of this year's AJAC Best Green Innovation award.
  • The Volvo EX90 Safety Suite received the award for Best Safety Innovation.
  • "AJAC is proud to recognize this year's best new technologies in our Innovation Awards," said Awards Chair, Graham Heeps.

Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: In 2023, CTP Technology was Seen in Nearly 50% of New Energy Vehicles Sold

Retrieved on: 
Friday, March 15, 2024
Leapmotor, JAC, CIB, Volvo, CTB, BYD, Model Y, Cell, Original equipment manufacturer, Acceleration, EVS, Volkswagen, Nm, Gigafactory Texas, CTC, CATL, CTP, SAIC, Electric battery

DUBLIN, March 14, 2024 /PRNewswire/ -- The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 14, 2024 /PRNewswire/ -- The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • In 2023, CTP (Cell to Pack) technology was seen in nearly 50% of new energy vehicles sold.
  • CTC technology however requires battery cells with high intrinsic safety, and this needs to enhance thermal stability of battery cell materials.
  • In addition to Tesla, BYD, Leapmotor and Xpeng, Xiaomi, Volkswagen, Volvo, JAC and SAIC all make layout of CTC technology.

Forum Mobility Provides Charging for Innovative New Electric Truck Program Offered by Ocean Network Express (North America) Inc. and LX Pantos

Retrieved on: 
Wednesday, March 13, 2024
Pantos, Volvo, Ocean Network Express, Forum, Policy, Senior, Heart, Sustainability, ONE, Multimedia, Port

LONG BEACH, Calif., March 13, 2024 /PRNewswire/ -- Forum Mobility, a leading heavy duty truck charging infrastructure provider, announced that it is the charging solutions partner for the innovative new ONE Electric Truck Program.  

Key Points: 
  • LONG BEACH, Calif., March 13, 2024 /PRNewswire/ -- Forum Mobility, a leading heavy duty truck charging infrastructure provider, announced that it is the charging solutions partner for the innovative new ONE Electric Truck Program.
  • BoxLinks, a member of the LX Pantos Group, is ONE's regional partner and will manage the leasing contract and operations for the program.
  • Forum Mobility is building a network of heavy-duty truck charging depots, in ports and on routes to common freight destinations.
  • More information about the ONE Electric Truck Program can be found at: https://us.one-line.com/ElectricTruckProgram
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Westport Announces Signing of Investment Agreement to Establish Previously Announced Joint Venture with Volvo Group

Retrieved on: 
Monday, March 11, 2024
Volvo, Intellectual property, Organization, TSX, JV

The closing of the JV is subject to certain closing conditions, including regulatory and government approvals.

Key Points: 
  • The closing of the JV is subject to certain closing conditions, including regulatory and government approvals.
  • It is anticipated that the JV will become operational following the formal closing which is currently expected to occur in the second quarter of 2024.
  • "We are excited to execute this agreement and build on our success with the Volvo Group and our HPDI™ technology.
  • As previously announced, Westport will contribute certain HPDI™ assets and opportunities, including related fixed assets, intellectual property, and business, into the JV.

Westport Announces Signing of Investment Agreement to Establish Previously Announced Joint Venture with Volvo Group

Retrieved on: 
Monday, March 11, 2024
Volvo, Intellectual property, Organization, TSX, JV

The closing of the JV is subject to certain closing conditions, including regulatory and government approvals.

Key Points: 
  • The closing of the JV is subject to certain closing conditions, including regulatory and government approvals.
  • It is anticipated that the JV will become operational following the formal closing which is currently expected to occur in the second quarter of 2024.
  • "We are excited to execute this agreement and build on our success with the Volvo Group and our HPDI™ technology.
  • As previously announced, Westport will contribute certain HPDI™ assets and opportunities, including related fixed assets, intellectual property, and business, into the JV.