Electric vehicle industry in China

ARC Group invests US $1.5 million in Swedish/Singaporean Electric Vehicle company UNITI

Retrieved on: 
Tuesday, September 12, 2023

STOCKHOLM, Sept. 12, 2023 /PRNewswire/ -- ARC Group proudly announces our $1.5 million investment in UNITI, the Electric Vehicle (EV) company set to redefine the urban car market.

Key Points: 
  • STOCKHOLM, Sept. 12, 2023 /PRNewswire/ -- ARC Group proudly announces our $1.5 million investment in UNITI, the Electric Vehicle (EV) company set to redefine the urban car market.
  • UNITI was founded in 2016 at Lund University in Sweden and gained media attention almost immediately as the company set out to transform the automobile industry.
  • With other electric vehicles still built on older automotive combustion engine standards, UNITI envisioned a new car with all components redesigned to an electrical reality.
  • ARC Group has invested US$ 1.5 million in the newly restructured company.

NanoXplore and VoltaXplore announce an agreement with a well-known heavy commercial vehicle OEM for supply of Li-ion battery cells and strengthening its energy storage team with former veteran of Tesla

Retrieved on: 
Thursday, August 31, 2023

The agreement is for 1 GWh per year for a duration of 10 years following a pricing formula that passes through raw material cost to the customer.

Key Points: 
  • The agreement is for 1 GWh per year for a duration of 10 years following a pricing formula that passes through raw material cost to the customer.
  • Nicolas worked as the Senior Manager of Cell Controls Engineering at Tesla before joining VoltaXplore in 2023.
  • Nicolas also led the construction of the automation system for the on-time parts delivery process of the Tesla Model 3 vehicle manufacturing lines.
  • Their appointments reinforce the corporation's dedication to delivering groundbreaking solutions and achieving new milestones in the battery and battery material sectors.

VicOne Partners with Clientron to Offer IVI Solution with Integrated Cybersecurity for EV Buses

Retrieved on: 
Tuesday, July 11, 2023

VicOne, an automotive cybersecurity solutions leader, announced today a partnership with Clientron on an in-vehicle infotainment (IVI) solution with integrated cybersecurity for electric-vehicle (EV) buses.

Key Points: 
  • VicOne, an automotive cybersecurity solutions leader, announced today a partnership with Clientron on an in-vehicle infotainment (IVI) solution with integrated cybersecurity for electric-vehicle (EV) buses.
  • View the full release here: https://www.businesswire.com/news/home/20230711609268/en/
    VicOne and Clientron partner to provide integrated IVI cybersecurity solution for electric-vehicle (EV) buses that aligns with emerging automotive-industry compliance requirements.
  • “Our work with Clientron has resulted in a fully functional IVI system with comprehensive cybersecurity that is easily integrated on EV buses.
  • “VicOne provides a top-of-the-line solution that our customers can trust for robust and future-ready cybersecurity coverage,” said Kelly Wu, President & CEO, Clientron.

Arbor Metals Applauds Canadian Government’s Commitment to Establish Canada as Global EV Supply Chain Leader

Retrieved on: 
Monday, July 10, 2023

VANCOUVER, British Columbia, July 10, 2023 (GLOBE NEWSWIRE) -- Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) commends the Canadian government's resolve to cement Canada's status as a global frontrunner in the electric vehicle (EV) supply chain.

Key Points: 
  • VANCOUVER, British Columbia, July 10, 2023 (GLOBE NEWSWIRE) -- Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) commends the Canadian government's resolve to cement Canada's status as a global frontrunner in the electric vehicle (EV) supply chain.
  • Canada exemplifies its dedication to nurturing a prosperous EV industry and creating a conducive landscape for corporations investing in green technology.
  • The Canadian government's commitment to becoming a world leader in the EV sector dovetails perfectly with Arbor's strategic targets.
  • "The Canadian government's commitment to developing the EV supply chain aligns perfectly with our strategic objectives."

Long Fiber Thermoplastics Market Report 2022: Increasing Demand from Automotive, Aerospace and Electronics Industries Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, January 30, 2023

The global long fiber thermoplastics market size is anticipated to reach USD 9.3 billion by 2030.

Key Points: 
  • The global long fiber thermoplastics market size is anticipated to reach USD 9.3 billion by 2030.
  • Increasing demand for lightweight materials with high strength in the automotive, aerospace, and electrical & electronics industry is expected to propel the demand for long-fiber thermoplastics.
  • The growth of this segment can be attributed to the increasing demand for glass fiber thermoplastics in the automotive industry.
  • The new product is made of regenerated cellulose fibers, it provides weight reduction and mechanical strength which helps manufacturers to reduce their carbon footprint and meet sustainability
    Chapter 3 Long Fiber Thermoplastics Market: Variables, Trends & Scope
    Chapter 4 Long Fiber Thermoplastics Market: Resin Type Estimates & Trend Analysis
    4.1 Global Long Fiber Thermoplastics Market: Resin Type Movement Analysis & Market Share, 2021 & 2030

Long Fiber Thermoplastics Market Report 2022: Sector to Reach $9.3 Billion by 2030 at a 9.7% CAGR

Retrieved on: 
Monday, January 30, 2023

The global long fiber thermoplastics market size is anticipated to reach USD 9.3 billion by 2030.

Key Points: 
  • The global long fiber thermoplastics market size is anticipated to reach USD 9.3 billion by 2030.
  • It is expected to exhibit a CAGR of 9.7% in terms of revenue from 2022 to 2030.
  • Long fiber thermoplastics are increasingly finding application in electric vehicles owing to their lightweight and high strength.
  • The new product is made of regenerated cellulose fibers, it provides weight reduction and mechanical strength which helps manufacturers to reduce their carbon footprint and meet sustainability
    Chapter 3 Long Fiber Thermoplastics Market: Variables, Trends & Scope
    Chapter 4 Long Fiber Thermoplastics Market: Resin Type Estimates & Trend Analysis
    4.1 Global Long Fiber Thermoplastics Market: Resin Type Movement Analysis & Market Share, 2021 & 2030

The Carlton James Group first-backed technology company The Coretec Group (OTCQB: CRTG) goes from strength to strength following the release of its video demonstrating the process and market potential for Endurion, its Lithium-ion based silicon battery pr

Retrieved on: 
Friday, December 16, 2022

ROYAL WOOTTON BASSETT, United Kingdom, Dec. 16, 2022 (GLOBE NEWSWIRE) -- The Carlton James Group, an investment management group specialising in recession-resistant portfolios and venture debt, is excited to see its first-backed technology company, The Coretec Group, achieving yet another of its milestones with the successful progress of its Endurion lithium silicon battery program. To learn more about The Coretec Group, please watch this short informative video.

Key Points: 
  • The Coretec Group is aiming its resources at the Electric Vehicle (EV) market place and as a result is gaining the attention worldwide of major EV manufacturers.
  • This growth is why investment in complementary technology is a core objective of the Carlton James Diversified Alpha Fund strategy.
  • The Coretec (CRTG) journey with the Carlton James Group started in 2016, as The Coretec Group became the first major technology sector lending investment for Carlton James.
  • “The Coretec Group shares our vision of the most effective way to bring new technologies into the market.

Stellantis and Its US Dealerships Move Toward Electrification

Retrieved on: 
Tuesday, November 29, 2022

"As we accelerate the drive toward electrification, Stellantis is in full-execution mode with an electrification strategy designed specifically to address the needs of our dealership network," said Phil Langley, head of network development, FCA - North America.

Key Points: 
  • "As we accelerate the drive toward electrification, Stellantis is in full-execution mode with an electrification strategy designed specifically to address the needs of our dealership network," said Phil Langley, head of network development, FCA - North America.
  • "We are working lockstep with our national dealer council to develop and support their long-term plans during this industry-changing transition.
  • Stellantis has committed to becoming the industry champion in the fight against climate change, reaching carbon net zero emissions by 2038.
  • The company plans to have more than 75 BEVs globally and reach global annual BEV sales of 5 million vehicles by 2030.

Genetec's Q2FY2023 Performance Remains on Track

Retrieved on: 
Tuesday, November 29, 2022

Earnings per share stood at 3.59 sen (fully diluted) in the same quarter compared to EPS of 2.33 sen in the corresponding quarter.

Key Points: 
  • Earnings per share stood at 3.59 sen (fully diluted) in the same quarter compared to EPS of 2.33 sen in the corresponding quarter.
  • We have been building on our momentum and diversifying our portfolio in electric vehicle (EV) and energy storage segments.
  • Genetec remains focused to build on and deepen our share-of-wallet with existing clients.
  • On the EV sector, we will continue to expand our performance and increase our capacity to achieve new heights", highlighted Genetec.

Automation Workz Launched Electric Vehicle Training at the Michigan Works Conference

Retrieved on: 
Wednesday, September 14, 2022

It is time to develop front-liners for mid-level careers into the Electric Vehicle and automation industries," declares Ida Byrd-Hill.

Key Points: 
  • It is time to develop front-liners for mid-level careers into the Electric Vehicle and automation industries," declares Ida Byrd-Hill.
  • Automation Workz specializes in training front-liners, achieving a 75% training completion rate, 5 times higher than their competitors.
  • "Automation Workz became a sponsor of the Michigan Works conference as WIOA funding is a great opportunity for companies to reskill their highly diverse front-line staff for this Electric Vehicle transition and reduce the Great Resignation and Quiet Quitting.
  • Automation Workz is available to serve companies across the US," states Ida Byrd-Hill, Automation Workz CEO.