Motor vehicle

Greenwave’s Norfolk Facility Obtains Automotive Recycler License from Virginia Department of Motor Vehicles

Retrieved on: 
Wednesday, January 11, 2023

This license enables Greenwave’s Norfolk Facility to purchase scrap cars directly from customers, one of the only metal recycling facilities able to do so in the City of Norfolk.

Key Points: 
  • This license enables Greenwave’s Norfolk Facility to purchase scrap cars directly from customers, one of the only metal recycling facilities able to do so in the City of Norfolk.
  • Greenwave opened its Norfolk facility in 2012 and has been working for the past several years to obtain this license.
  • The Company expects that the volume of cars it processes will increase by 500 to 750 tons per month now that it can purchase cars directly from customers at its Norfolk facility.
  • By obtaining this license and through the use of technology, we expect to continue to grow the volume of scrap vehicles we process.

Atlis Motor Vehicles Reaches 2 Gigawatt-Hours in Customer Demand for Batteries

Retrieved on: 
Wednesday, January 11, 2023

This volume of sales interest in Atlis’ battery pack technology speaks to the market’s demand for robust energy solutions and the Company’s development of quick charging infrastructure, which stands to position Atlis as an emergent leader in the energy space.

Key Points: 
  • This volume of sales interest in Atlis’ battery pack technology speaks to the market’s demand for robust energy solutions and the Company’s development of quick charging infrastructure, which stands to position Atlis as an emergent leader in the energy space.
  • “Efficiency in packaging and superior heat distribution through advanced immersion liquid cooling make Atlis battery technology a clear solution to the challenges facing customers and partners across a wide range of industries,” stated Mark Hanchett, Atlis Motor Vehicles’ Founder and CEO.
  • “As the first US company to manufacture batteries stateside, we’ve set out to deliver consistent performance, regardless of conditions, and it is clear the market is responding.
  • To learn more about Atlis Energy Storage Solutions, please visit: https://www.atlismotorvehicles.com/energy-solutions .

FischTank PR Adds Industry Veteran Joanna Hamblin as Vice President of its Rapidly Growing Cleantech PR Practice

Retrieved on: 
Tuesday, January 10, 2023

Hamblin brings over a dozen years of industry experience and leadership to FischTank, leveraging her extensive technology expertise and knowledge of the renewables value chain.

Key Points: 
  • Hamblin brings over a dozen years of industry experience and leadership to FischTank, leveraging her extensive technology expertise and knowledge of the renewables value chain.
  • “I am thrilled to join FischTank PR to help scale the cleantech practice with a relentless pursuit of client outcomes to drive decarbonization,” said Joanna Hamblin, Vice President, Cleantech.
  • “Joanna Hamblin is a terrific addition to the FischTank PR team for many reasons, but most importantly the direct impact she will have on our colleagues and clients,” said Eric Fischgrund, Founder and CEO, FischTank PR.
  • We are excited to work with Joanna and believe she’ll complement our existing team of leaders at FischTank.”

Tearlach Enters Into a Joint Venture Agreement With Blackrock Silver to Develop the Tonopah North Lithium Project, Nevada

Retrieved on: 
Tuesday, January 10, 2023

Morgan Lekstrom, CEO of Tearlach, commented, “This is a significant growth step for Tearlach in becoming a leading multijurisdictional lithium company and for Blackrock Silver diversifying their already world-class silver project.

Key Points: 
  • Morgan Lekstrom, CEO of Tearlach, commented, “This is a significant growth step for Tearlach in becoming a leading multijurisdictional lithium company and for Blackrock Silver diversifying their already world-class silver project.
  • Upon Tearlach completing the Initial Earn-In and exercising the First Option, Tearlach and Blackrock Gold shall enter into a definitive mining joint venture agreement (the “Joint Venture Agreement”) in respect of the management and ownership of the Optioned Zone of the Tonopah North Project (the “Joint Venture”).
  • The parties to the Joint Venture shall contribute to future Expenditures in accordance with their respective participating interests as prescribed in the Joint Venture Agreement.
  • Subject to the terms of the Joint Venture Agreement, Tearlach shall be the initial manager of the Joint Venture and shall have control of the activities and operations of the Joint Venture.

UnitedHealth Group and Allianz SE Remain Atop AM Best’s Largest Insurer Rankings

Retrieved on: 
Monday, January 9, 2023

In addition, Allianz SE remained in its top spot by nonbanking assets, at $1.2 trillion, while Berkshire Hathaway Inc. rose to second place from fifth.

Key Points: 
  • In addition, Allianz SE remained in its top spot by nonbanking assets, at $1.2 trillion, while Berkshire Hathaway Inc. rose to second place from fifth.
  • AM Best released the rankings of the world’s largest global insurance companies, by NPW and nonbanking assets, in the Jan. 6, 2023, issue of Best's News.
  • Overall, the two rankings saw some reshuffling in the top spots, with U.S.-based health insurers further strengthening their leading positions.
  • These gains came at the expense of two Chinese insurers — China Life Insurance (Group) Co. Ltd. and Ping An Insurance (Group) Co. of China Ltd.

Auto Manufacturer Websites Becoming More Important to Vehicle Shoppers, J.D. Power Finds

Retrieved on: 
Monday, January 9, 2023

As auto manufacturer websites become increasingly important to shoppers, overall satisfaction for manufacturer websites is also growing, up 11 points (on a 1,000-point scale) for the premium segment to 722 and 3 points for the mass market segment to 708 according to the J.D.

Key Points: 
  • As auto manufacturer websites become increasingly important to shoppers, overall satisfaction for manufacturer websites is also growing, up 11 points (on a 1,000-point scale) for the premium segment to 722 and 3 points for the mass market segment to 708 according to the J.D.
  • Manufacturer Website Evaluation StudySM —Winter (Graphic: Business Wire)
    “In today’s shopping environment, manufacturer websites must have a robust set of tools for shoppers to use,” said Jon Sundberg, director of digital solutions at J.D.
  • Manufacturer Website Evaluation Study is a semiannual study that measures customer satisfaction of automotive manufacturer websites during the process of shopping for a new vehicle by examining four key measures (in order of importance): information/content; visual appeal; navigation; and speed.
  • Jeep ranks highest among mass market manufacturer websites with a score of 727.

Shareholders Representing 32% of Company Shares Send Letter to Capricorn Energy’s Board

Retrieved on: 
Monday, January 9, 2023

In the absence of any other plausible explanation, the Board’s decision seems self-serving - aimed at protecting many of the existing directors against removal.

Key Points: 
  • In the absence of any other plausible explanation, the Board’s decision seems self-serving - aimed at protecting many of the existing directors against removal.
  • Fundamentally, the sequencing of the general meetings unnecessarily limits shareholder optionality and is inconsistent with shareholders’ best interests, judged from our respective viewpoints as significant investors in the Company’s shares.
  • We wish to highlight the following:
    The proposed sequencing of the general meetings pays no regard to a groundswell of shareholder opinion on the appropriate pathway forward for the Company.
  • In the circumstances, we view the board’s tactical decision to rush forward with the NewMed GM to align with the Board Change GM as contrary to shareholders’ best interests.

NACTOY Reveals 2023 North American Car, Truck and Utility Vehicle of the Year™ Award Winners

Retrieved on: 
Wednesday, January 11, 2023

PONTIAC, Mich., Jan. 11, 2023 /PRNewswire/ -- The 2023 North American Car, Truck and Utility Vehicle of the Year™ (NACTOY) award winners were announced today during a joint press conference with the Detroit Area Dealers Association (DADA) and Automotive Press Association (APA) at M1 Concourse in Pontiac.  After three rounds of independently verified voting stemming from hundreds of hours of test driving, research and evaluation, the winners are:

Key Points: 
  • PONTIAC, Mich., Jan. 11, 2023 /PRNewswire/ -- The 2023 North American Car, Truck and Utility Vehicle of the Year™ (NACTOY) award winners were announced today during a joint press conference with the Detroit Area Dealers Association (DADA) and Automotive Press Association (APA) at M1 Concourse in Pontiac.
  • Throughout the year, NACTOY jurors spent hundreds of hours test driving, researching and evaluating vehicles on automotive innovation, design, safety, performance, technology, driver satisfaction, user experience and value to cast the votes that named the 2023 NACTOY award winners.
  • The votes are confidentially tallied by Deloitte LLP, ensuring each stage of the award cycle is the collective decision of all jurors.
  • Votes for 2023 NACTOY winners remained secret until envelopes were opened onstage during today's event.

Hyundai Motor Group Executive Chair Euisun Chung Named MotorTrend Person of the Year, Topping Its 2023 Power List

Retrieved on: 
Wednesday, January 11, 2023

The MotorTrend Power List ranks the 50 most influential people in the global automotive industry each year.

Key Points: 
  • The MotorTrend Power List ranks the 50 most influential people in the global automotive industry each year.
  • During the past five years, Executive Chair Chung has risen progressively from his first appearance on the power list at No.
  • MotorTrend named Chung 'Person of the Year' for "leading Hyundai Motor Group into a new age."
  • For his vision and leadership, then, Euisun Chung is our 2023 MotorTrend Person of the Year."

Dealership Managers to Discuss High-Tech Vehicle-Inspection Systems at NADA

Retrieved on: 
Tuesday, January 10, 2023

Last year General Motors and Volvo Cars both announced plans to support the installation of UVeye inspection systems at dealerships throughout the United States.

Key Points: 
  • Last year General Motors and Volvo Cars both announced plans to support the installation of UVeye inspection systems at dealerships throughout the United States.
  • UVeye technology also has been integrated into Tekion's Automotive Retail Cloud platform and CDK Drive's dealership management system.
  • Demonstrations and private meetings also can be scheduled by clicking on the "Schedule a Meeting" link on UVeye's NADA landing page: www.uveye.com/nada-2023 .
  • Atlas is a 360-degree exterior inspection system that captures sheet metal damage as well as a host of other issues.