EVS

Automakers’ Record Number of EV Demos At Electrify Expo Indicates EV Demand is Hot

Retrieved on: 
Monday, March 18, 2024

Rivian’s all-new R2 SUV was a major draw for attendees as the vehicle made its East Coast debut.

Key Points: 
  • Rivian’s all-new R2 SUV was a major draw for attendees as the vehicle made its East Coast debut.
  • In addition, Kia and Volvo returned to the festival with some of their much anticipated EVs including Kia’s EV9 and Volvo’s EX30.
  • Ford returned to the Thrill Zone offering festival goers the opportunity to take a hot lap in the Mustang Mach-E® GT with a professional driver.
  • “The turnout in Orlando was massive and it's evidence that EV demand is growing fast,” said BJ Birtwell, CEO and founder of Electrify Expo.

Kandi Technologies Reports 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024

JINHUA, China, March 14, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2023.

Key Points: 
  • JINHUA, China, March 14, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2023.
  • Cash and equivalents, restricted cash, certificate of deposit and notes receivable totaled $252.1 million as of December 31, 2023.
  • Dr. Xueqin Dong, CEO of Kandi commented, “We concluded the challenging year of 2023, and it's with great pride that we overcame the challenges in 2023 and made significant strides.
  • In 2023, we developed and launched models such as the all-electric UTV and electric mini golf carts.

Orgenesis Consortium Awarded €1.5M EUR Grant from the Walloon Government in Belgium for EXOFASTTRACK Project Dedicated to Accelerated Development of Multiple Therapeutic Exosomes

Retrieved on: 
Wednesday, March 13, 2024

Consortium members include: Orgenesis, Cilyx, CMMI, convExYO, EXO Biologics, ExoXpert, Genflow Biosciences, LiveDrop, ULB, UMONS and Xomexbio.

Key Points: 
  • Consortium members include: Orgenesis, Cilyx, CMMI, convExYO, EXO Biologics, ExoXpert, Genflow Biosciences, LiveDrop, ULB, UMONS and Xomexbio.
  • This grant is the second such project awarded to an Orgenesis consortium by the Walloon Government partnership, ATMP-Partenariat d’Innovation Technologique (ATMP-PIT), in collaboration with BioWin, the health cluster of Wallonia, and the Public service of Wallonia.
  • EXOFASTTRACK is a collaborative project focused on accelerating the development of multiple therapeutic exosomes for rapid clinical evaluation.
  • Therapeutic exosomes are based on very large-scale reproduction, several billion copies, of an intercellular message specific to the producing cells, e.g.

AXIS IOS Launches Inaugural Fleet-Dedicated EV Charging Depot in Vernon, California

Retrieved on: 
Wednesday, March 13, 2024

AXIS IOS is actively looking to address the lack of adequate charging infrastructure for fleets facing these regulations and opening the Vernon location is the latest example of how the EV transition begins with real estate.

Key Points: 
  • AXIS IOS is actively looking to address the lack of adequate charging infrastructure for fleets facing these regulations and opening the Vernon location is the latest example of how the EV transition begins with real estate.
  • This site is part of the trend towards private, “behind-the-fence” EV charging depots designed with fleets in mind – including those local businesses doing last-mile delivery.
  • “Partners like AXIS IOS are helping show that our city is prepared for the electric future and ready to support the transition to electrification.
  • Our Vernon site provides a solution, enabling swift deployment of electric vehicles (EVs),” says Joe Killefer, Partner, AXIS IOS.

Ford Updates EV, Hybrid Plans, Readies Manufacturing Plants

Retrieved on: 
Thursday, April 4, 2024

By the end of the decade, the company expects to offer hybrid powertrains across its entire Ford Blue lineup in North America.

Key Points: 
  • By the end of the decade, the company expects to offer hybrid powertrains across its entire Ford Blue lineup in North America.
  • In the first quarter of 2024, Ford’s electric vehicle sales increased by 86% and hybrid sales rose 42% versus a year ago.
  • Prospective employees can meet with Ford representatives at the new Ford Tennessee Discovery Center in Brownsville, Tenn., once it opens.
  • Employees at the plant, like at other Ford manufacturing facilities, will use wearable technology to support high-quality and efficient manufacturing.

Breakthrough’s Research Reveals Extreme Weather Is the Top Challenge for Transportation Professionals in 2024

Retrieved on: 
Wednesday, April 3, 2024

Both shippers and carriers named extreme weather events the top transportation challenge for 2024 amid an ongoing drought in the Panama Canal, intensified winter weather, and a highly active hurricane season.

Key Points: 
  • Both shippers and carriers named extreme weather events the top transportation challenge for 2024 amid an ongoing drought in the Panama Canal, intensified winter weather, and a highly active hurricane season.
  • On top of climate-related disruptions, climate change is pushing sustainability to the top of the agenda for both shippers and carriers.
  • Last year, transportation professionals were focused on reducing costs as a means to overcome volatile diesel prices.
  • Breakthrough surveyed 500 transportation leaders, including carriers and shippers, across the United States about their goals, priorities and predictions for 2024.

US Department of Energy Recommends Grant Award for ERI’s Plan to Expand Participation in Consumer Electronics Recycling

Retrieved on: 
Wednesday, April 3, 2024

ERI’s application for grant funding of about $5 million is designed to support the DOE’s goal to increase collection of end-of-life consumer electronics and stand-alone batteries for recycling as a key contributor in developing a sustainable domestic source of battery-grade materials.

Key Points: 
  • ERI’s application for grant funding of about $5 million is designed to support the DOE’s goal to increase collection of end-of-life consumer electronics and stand-alone batteries for recycling as a key contributor in developing a sustainable domestic source of battery-grade materials.
  • “We are grateful and excited about the DOE’s support of and commitment to bipartisan infrastructure laws surrounding consumer electronics battery recycling, reprocessing, and battery collection,” said John Shegerian, Co-Founder, Chairman and CEO of ERI.
  • “We’re honored and humbled to receive the MESC’s recommendation to receive the grant award to pioneer an innovative and comprehensive outreach program to engage and inspire more Americans to responsibly recycle their end-of-life electronics and consumer batteries.
  • ERI is the largest fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company in the United States.

Why have all broadcast powerhouses embraced intoPIX JPEG XS? Unraveling the secret behind industry leaders' unanimous adoption!

Retrieved on: 
Wednesday, April 3, 2024

Don’t miss the opportunity to discover the latest product enhancements and features from intoPIX, further strengthening the company’s commitment to innovation and industry leadership.

Key Points: 
  • Don’t miss the opportunity to discover the latest product enhancements and features from intoPIX, further strengthening the company’s commitment to innovation and industry leadership.
  • JPEG XS in Action is Back at NAB 2024!
  • Join the revolution in video workflows at NAB, where cutting-edge JPEG XS solutions promise to enhance efficiency, agility, and productivity like never before.
  • Join intoPIX for a captivating talk by Jean-Baptiste Lorent , Sales and Marketing Director, as he unveils the power of JPEG XS in IP workflows.

EVgo Welcomes Scott Griffith to Board of Directors

Retrieved on: 
Thursday, April 4, 2024

EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.

Key Points: 
  • EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.
  • View the full release here: https://www.businesswire.com/news/home/20240403143172/en/
    Mr. Griffith joins EVgo’s Board with extensive experience in the mobility and automotive industry.
  • Mr. Griffith also has prior experience as an Executive in Residence at General Catalyst Partners, a venture and growth capital firm.
  • Mr. Griffith holds a BS in engineering from Carnegie Mellon University and an MBA from The University of Chicago Booth School of Business.

Global Automotive AR HUD Market Outlook & Forecast 2023-2028: Increasing Demand for ADAS, Growing Demand for EVs, High Costs Impacting the Burgeoning Industry - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024

The automotive AR HUD market's dynamic geographical landscape spans various regions, reflecting a global demand for advanced automotive technologies.

Key Points: 
  • The automotive AR HUD market's dynamic geographical landscape spans various regions, reflecting a global demand for advanced automotive technologies.
  • The increasing demand for Advanced Driver Assistance Systems (ADAS) is a significant driver behind the growth of the global automotive AR HUD market.
  • The burgeoning demand for EVs is a pivotal factor propelling the growth of the automotive AR HUD market.
  • However, the global automotive AR HUD market in these segments is expected to grow significantly during the forecast period.