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Motorcar Parts of America Expands Brake-Related Product Offerings with Introduction of Pads and Rotors

Retrieved on: 
Monday, June 6, 2022

Motorcar Parts of America Inc. (Nasdaq: MPAA) today announced the introduction of a comprehensive line of brake pads and rotors, serving the professional installer market under the companys Quality-Built brand.

Key Points: 
  • Motorcar Parts of America Inc. (Nasdaq: MPAA) today announced the introduction of a comprehensive line of brake pads and rotors, serving the professional installer market under the companys Quality-Built brand.
  • The companys new copper free and environmentally friendly brake-pad line utilizes an industry-leading formulation.
  • The introduction of brake pads and rotors complements our newly completed brake caliper operations and expansion program in Mexico, as well as our industry reputation for quality, innovation, and customer-centric service.
  • We are encouraged by the initial response to our new product offerings and look forward to further opportunities across the companys entire line of aftermarket categories, said Selwyn Joffe, chairman, president and chief executive officer for Motorcar Parts of America.

FleetPride Partners With BBB Industries and the Boys & Girls Club to Build Bicycles for Local Youth

Retrieved on: 
Wednesday, June 1, 2022

FleetPride has a long history of giving back to our local communities," said Mike Duffy, CEO of FleetPride.

Key Points: 
  • FleetPride has a long history of giving back to our local communities," said Mike Duffy, CEO of FleetPride.
  • "We are grateful to our leadership team and to the Boys & Girls Club for joining together to make this event possible."
  • Safety tests and quality inspections were completed on all bikes to ensure proper installation prior to delivery to the Boys & Girls Club.
  • "FleetPride continues to strengthen its bonds within our communities by partnering with local programs such as the "Charity Bike Build."

BBB Industries Announces Acquisition by Clearlake to Fuel Continued Growth for Leading Sustainable Manufacturing Platform

Retrieved on: 
Thursday, May 19, 2022

DAPHNE, Ala., May 19, 2022 /PRNewswire/ -- BBB Industries, LLC (BBB), a sustainable manufacturer and leader in the automotive aftermarket, today announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") with continued investment by Genstar Capital (Genstar) and BBB's management team. Upon closing the transaction, Clearlake will become majority shareholders of BBB; financial terms of the transaction were not disclosed.

Key Points: 
  • Upon closing the transaction, Clearlake will become majority shareholders of BBB; financial terms of the transaction were not disclosed.
  • For 35 years, BBB has been a pioneer in the sustainable manufacturing of automotive parts.
  • Today, BBB does business in 64 countries through 5 divisions with multiple sustainable manufacturing facilities and distribution centers located throughout North America and Europe.
  • The company's newest division, TerrePower,brings its sustainable manufacturing process to the electric vehicle and renewable energy sectors.

Motorcar Parts of America’s D&V Electronics Receives Inverter Test System Order From Taiwanese Agency for Development of Electric Vehicles

Retrieved on: 
Monday, May 9, 2022

“As the global electric vehicle market evolves, we anticipate increasing demand for our technology -- particularly our ability to support the testing of electric motor inverters used in automotive and other transportation applications, and the testing of multiple driveline components at any stage of R&D in the manufacturing process. We appreciate ARTC’s confidence in our technology and look forward to future opportunities to work together,” said Bill Hardy, chief executive officer of D&V Electronics.

Key Points: 
  • Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced its wholly owned subsidiary D&V Electronics has received an order for an automated inverter test system from Taiwans Automotive Research & Testing Center (ARTC) to support the development of electric vehicles and related technologies.
  • The traction inverter is a critical component in an electric vehicles powertrain system, designed to convert direct current from the battery to alternating power suitable for driving the electric motor.
  • We appreciate ARTCs confidence in our technology and look forward to future opportunities to work together, said Bill Hardy, chief executive officer of D&V Electronics.
  • The Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements.

Global Automotive Motors Market (2022 to 2027) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 5, 2022

Brushless direct current (DC), traction, stepper and DC brushed are some of the commonly used automotive motors.

Key Points: 
  • Brushless direct current (DC), traction, stepper and DC brushed are some of the commonly used automotive motors.
  • How has the global automotive motors market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global automotive motors market?
  • What is the structure of the global automotive motors market and who are the key players?

Motorcar Parts of America’s EV Subsidiary Receives Order From Leading Chinese Automotive Company

Retrieved on: 
Monday, April 25, 2022

The p-HIL test system to be utilized by this Chinese automotive customer is comprised of D&Vs emulator, Opal-RT Technologies advanced motor models and NIs (Nasdaq: NATI) real-time system.

Key Points: 
  • The p-HIL test system to be utilized by this Chinese automotive customer is comprised of D&Vs emulator, Opal-RT Technologies advanced motor models and NIs (Nasdaq: NATI) real-time system.
  • This order continues a series of global wins for our D&V subsidiary and its cutting-edge EV technology.
  • We look forward to future opportunities to expand partnerships and work with global electric mobility leaders, said Selwyn Joffe, chairman, president and chief executive officer.
  • The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise.

Electric Power Steering Market worth $33.4 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, April 21, 2022

The column assist EPS (CEPS), which incorporates the steering assist mechanism on the column, is estimated to hold the largest share of the Electric Power Steering Market in 2021.

Key Points: 
  • The column assist EPS (CEPS), which incorporates the steering assist mechanism on the column, is estimated to hold the largest share of the Electric Power Steering Market in 2021.
  • As these vehicle segments account for the largest share of the overall vehicle production, CEPS has the highest market share amongst all the EPS types.
  • The collapsible steering column is estimated to hold the largest share of the Electric Power Steering Market in 2021.
  • The report profiles the most promising players in the Electric Power Steering Market.

Electric Power Steering Market worth $33.4 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, April 21, 2022

The column assist EPS (CEPS), which incorporates the steering assist mechanism on the column, is estimated to hold the largest share of the Electric Power Steering Market in 2021.

Key Points: 
  • The column assist EPS (CEPS), which incorporates the steering assist mechanism on the column, is estimated to hold the largest share of the Electric Power Steering Market in 2021.
  • As these vehicle segments account for the largest share of the overall vehicle production, CEPS has the highest market share amongst all the EPS types.
  • The collapsible steering column is estimated to hold the largest share of the Electric Power Steering Market in 2021.
  • The report profiles the most promising players in the Electric Power Steering Market.

LBank Exchange Will List Vehicle Mining System (VMS) on April 15, 2022

Retrieved on: 
Wednesday, April 13, 2022

Internet City, Dubai--(Newsfile Corp. - April 13, 2022) - LBank Exchange, a global digital asset trading platform, will list Vehicle Mining System (VMS) on April 15, 2022.

Key Points: 
  • Internet City, Dubai--(Newsfile Corp. - April 13, 2022) - LBank Exchange, a global digital asset trading platform, will list Vehicle Mining System (VMS) on April 15, 2022.
  • Figure 1: LBank Exchange Will List Vehicle Mining System (VMS) on April 15, 2022
    To view an enhanced version of this graphic, please visit:
    The current mining system of cryptocurrency often has problems such as high price and great power consumption.
  • Vehicle Mining System (VMS) is a system that can be used for all vehicles with engines.
  • VMS token will be listed on LBank Exchange at 12:00 (UTC+8) on April 15, 2022, investors who are interested in Vehicle Mining System investment can easily buy and sell VMS token on LBank Exchange by then.

Top NoSQL Innovators Honored with ScyllaDB Awards

Retrieved on: 
Wednesday, February 16, 2022

PALO ALTO, Calif., Feb. 16, 2022 (GLOBE NEWSWIRE) -- ScyllaDB, the company behind the ScyllaDB database for data-intensive apps that require high performance and low latency, today announced the winners of their annual ScyllaDB Innovation Awards.

Key Points: 
  • PALO ALTO, Calif., Feb. 16, 2022 (GLOBE NEWSWIRE) -- ScyllaDB, the company behind the ScyllaDB database for data-intensive apps that require high performance and low latency, today announced the winners of their annual ScyllaDB Innovation Awards.
  • This years winners cover a broad range of NoSQL use casesfrom AI/ML feature stores, to cybersecurity threat detection and time-series data.
  • New User: Instacart - For their rapid implementation of ScyllaDB as a unified feature store for their company-wide Machine Learning initiative.
  • This feat was orchestrated by adding higher storage capacity nodes, decommissioning lower storage capacity nodes, updating ScyllaDB releases, and working closely with the ScyllaDB team.