Motor vehicle

Tel Aviv-Based Innovation Hub Plans to Expand in the U.S. and Europe

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Wednesday, August 11, 2021
Industry, NEC, Volvo, Mentorship, Bomb, CEO, TLV, Animal, Technology, Fastlane, Program, Knowledge, Fortnight, Ituran, Novelis, Car, Mouse, Insurance, DENSO, Robotics, Multimedia, Hertz, Cox Automotive, Drive, Elephant, TEL, Video game, Mobile phone, Management, Sales, Motor vehicle, Industrial design

FastLane also will be expanded to include smart-mobility technologies under development for other business sectors, including logistics, insurance and energy.

Key Points: 
  • FastLane also will be expanded to include smart-mobility technologies under development for other business sectors, including logistics, insurance and energy.
  • "The goal of carrying people or goods from one place to another is no longer strictly an automotive challenge.
  • Drive TLV is a unique innovation hub focused on smart mobility.
  • It also forms and maintains strong global partnerships with industry-leading mobility enterprises, then promotes commercialization between its startups and industry partners.

DGAP-News: STEMMER IMAGING benefits from increasing market dynamics and publishes record order intake and significant revenue growth

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Wednesday, August 11, 2021
Blox, Investor, Industry, CEO, Original equipment manufacturer, Pressure, EUR, Board of directors, Knowledge, Time, Solution, Motor vehicle, Automation, VDMA, EBITDA, Film, Retail, Management

Compared to the previous quarter (EUR 35.6 million), order intake in the second quarter increased by 32.6% to EUR 47.2 million.

Key Points: 
  • Compared to the previous quarter (EUR 35.6 million), order intake in the second quarter increased by 32.6% to EUR 47.2 million.
  • According to VDMA, order intake rose by 19% in Germany in the same period, but fell by 3% in Europe.
  • STEMMER IMAGING significantly outperformed the industry figures reported by the VDMA in terms of both revenue and order intake.
  • symbolises the STEMMER IMAGING mission to make machine vision easy and accessible, empowering customers to deliver world-class solutions.

European Medium & Heavy Truck Market 2021-2026: Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities - ResearchAndMarkets.com

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Wednesday, August 11, 2021
Transport, Trucking, Industry, Volvo, Original equipment manufacturer, VW, Connectivity, DAF, MAN, JVS, Daimler, Autonomy, Competitive landscape, Hydrogen, Transport, Iveco, Present value of growth opportunities, Motor vehicle, Rail transport, Renewable energy

The "European Medium & Heavy Truck Market - 2021-2026 - Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities and Market Outlook - Daimler, Volvo, Traton - MAN & Scania, DAF, Iveco" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "European Medium & Heavy Truck Market - 2021-2026 - Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities and Market Outlook - Daimler, Volvo, Traton - MAN & Scania, DAF, Iveco" report has been added to ResearchAndMarkets.com's offering.
  • The registration of heavy trucks in the EU plummeted in 2020 with a 27% year-on-year decline owing to pandemic & the imposition of spate of lockdowns across most EU nations.
  • The industry also continues to make steady progress towards development of sustainable technologies geared towards de-carbonization of transportation.
  • Further, the sustained rise in global crude oil prices is likely to give a further stimulus to transition towards alternate drivetrains across operators.

Li-Cycle, Industry Leading Lithium-Ion Battery Resource Recycling Company, Completes Business Combination with Peridot Acquisition Corp.

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Tuesday, August 10, 2021
Professional Services, Consumer Electronics, Technology, Alternative Energy, Energy, Finance, Hardware, Lithium, Hub, Nature, Prospectus, Technology, Barclays, Related, PIPE, Private Securities Litigation Reform Act, Early, Acquisition, LCC, Growth, Form, Industry, Company, UBS, U.S. Securities and Exchange Commission, Exercise, Securities Exchange Act of 1934, New, NYSE, Motor vehicle, Forward-looking statement, Risk, Board, Securities Act of 1933, Board of directors, Communication, Spoke–hub distribution paradigm, Unit, Innovation, Predictability, PAETEC Holding Corp., Multimedia, Terrorism, Partnership, Recycling, Citigroup, Disease, COVID-19, Kirkland & Ellis, SEC, National instrument, Animal, Management, Financial services, Risk management, Li-Cycle Holdings Corp., Peridot Acquisition Corp., LI-CYCLE HOLDINGS CORP., PERIDOT ACQUISITION CORP.

Li-Cycle Holdings Corp. ("Li-Cycle" or "the Company"), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that it has completed its previously announced business combination with Peridot Acquisition Corp. (Peridot).

Key Points: 
  • Li-Cycle Holdings Corp. ("Li-Cycle" or "the Company"), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that it has completed its previously announced business combination with Peridot Acquisition Corp. (Peridot).
  • Ajay Kochhar, co-founder and Chief Executive Officer of Li-Cycle, said, Consummation of our business combination with Peridot marks a significant milestone for Li-Cycle.
  • To memorialize the completion of the business combination, Li-Cycle will be ringing the closing bell at the NYSE at 4:00 p.m.
  • The business combination (the Transaction) involving the Company, Li-Cycle Corp. (LCC) and Peridot closed on August 10, 2021.

Toyota Debuts Mobile Collision Assistance Service

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Wednesday, August 11, 2021
Software as a service, IOT, Safety, TM, Plant, P&C, Program, NYSE, Safety Connect, CCC, Engineering, Insurance, IPhone, Collision, Toyota Motor North America, Documentation, Commerce, Curriculum, Taxicab, Car rental, Motor vehicle

PLANO, Texas, Aug. 11, 2021 /PRNewswire/ --Toyota and Lexus drivers now have a new assistance service available to them in the moments following a collision.

Key Points: 
  • PLANO, Texas, Aug. 11, 2021 /PRNewswire/ --Toyota and Lexus drivers now have a new assistance service available to them in the moments following a collision.
  • Collision Assistance, a just-in-time support service, is now available to drivers within the Toyota and Lexus mobile app.
  • Toyota worked with CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the multi-trillion-dollar P&C insurance economy, to develop Collision Assistance.
  • The Collision Assistance Feature is made available to Toyota and Lexus owners through the Owners App.

China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021

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Tuesday, August 10, 2021
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WUHAN, China, Aug. 10, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2021, on Thursday, August 12, 2021, before the market opens.

Key Points: 
  • WUHAN, China, Aug. 10, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2021, on Thursday, August 12, 2021, before the market opens.
  • Management will conduct a conference call on August 12th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures.
  • Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties.

E-Home Household Service Holdings Limited Signs Transfer Agreements to Expand Its Household Services Business

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Tuesday, August 10, 2021
Education, EJH, Company, SME, Child care, Household, Maintenance, Solution, Phrase, WeChat, Risk, Acquisition, Housekeeping, SEC, National, Information technology, Internet, Management, Motor vehicle, Online shopping, Risk management

Jin Ri Dao Jia is a well-known home services platform in Fujian Province, China that focuses on "Internet + Service" and provides B2B2C household services.

Key Points: 
  • Jin Ri Dao Jia is a well-known home services platform in Fujian Province, China that focuses on "Internet + Service" and provides B2B2C household services.
  • It is an information technology company that focuses on "Internet + Service" and B2B2C household services.
  • E-Home Household Service Holdings Limited is a household service company based in Fuzhou, China.
  • The Company, through its website and WeChat platform "e", provides integrated household services, including appliance maintenance, housekeeping and care services.

Idemitsu No. 55 Mazda Motorsports Mazda DPi Takes Second at Road America

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Tuesday, August 10, 2021
Tincknell, Idemitsu Kosan, Petroleum, Mazdaspeed, IMSA, ILAC, Electricity, Sale, No, WeatherTech Raceway Laguna Seca, Social media, Mazda North American Operations, Weather, Resource, IKC, Lubricant, Hyundai, Functional Materials, GLOBE, Marketing, Chemical engineering, Contact, Motor vehicle

55 Mazda Motorsports Mazda DPi RT24-P tandem of Harry Tincknell and Oliver Jarvis stayed consistent on race day to finish second and return to the podium.

Key Points: 
  • 55 Mazda Motorsports Mazda DPi RT24-P tandem of Harry Tincknell and Oliver Jarvis stayed consistent on race day to finish second and return to the podium.
  • 55 Mazda was quickest in a rain-soaked practice session Friday, then qualified Q3 on Saturday.
  • Then, the two-hour and 40-minute sprint race around historic Road America was much like a Sunday drive.
  • About Idemitsu Lubricants America Corporation Idemitsu Lubricants America Corporation (ILAC) is a premier lubricants manufacturer and a wholly-owned subsidiary of Idemitsu Kosan Co., Ltd., committed to providing quality, innovation, and service to customers across North America.

North American Class 6-8 Truck Market Report 2021-2026: Cruising in Top Gear on the Freeway to Recovery - ResearchAndMarkets.com

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Tuesday, August 10, 2021
Transport, Trucking, Class, Industry, Volvo, Original equipment manufacturer, Connectivity, Fourth National Government of New Zealand, American, JVS, Daimler, PACCAR, Autonomy, COVID-19, Competitive landscape, Present value of growth opportunities, IMF, Road transport, Arm, Transport, Congress, Rail transport by country, Motor vehicle, Renewable energy

The "North American Class 6-8 Truck Market - 2021-2026 - Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities and Market Outlook - Daimler, Volvo, PACCAR, Navistar-Traton" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North American Class 6-8 Truck Market - 2021-2026 - Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities and Market Outlook - Daimler, Volvo, PACCAR, Navistar-Traton" report has been added to ResearchAndMarkets.com's offering.
  • The registration of heavy trucks in the U.S. plummeted in 2020 with a 26% year-on-year decline owing to pandemic & the subsequent imposition of lockdowns.
  • The same has stimulated replacement demand across operators and is likely to drive fleet expansion in 2021.
  • The industry also continues to make steady progress towards development of sustainable technologies geared towards de-carbonization of transportation.

Alta Equipment Group Signs Dealer Agreement with Nikola Corporation

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Tuesday, August 10, 2021
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Alta Equipment Group Inc. (NYSE: ALTG) (Alta) or (The company) today announced that it has entered into a dealer agreement with Nikola Corporation (NASDAQ: NKLA) (Nikola), a designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV) and fuel-cell electric vehicles (FCEV).

Key Points: 
  • Alta Equipment Group Inc. (NYSE: ALTG) (Alta) or (The company) today announced that it has entered into a dealer agreement with Nikola Corporation (NASDAQ: NKLA) (Nikola), a designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV) and fuel-cell electric vehicles (FCEV).
  • This agreement names Alta as the authorized dealer to sell and service Nikola medium and long-haul Class 8 EV/FCEV trucks in the NY, NJ, eastern PA and New England markets.
  • We are excited to sign this agreement with Nikola and become the authorized dealer in the northeast US territory.
  • About Alta Equipment Group Inc.
    Alta owns and operates one of the largest integrated equipment dealership platforms in the U.S.