Automotive Manufacturing

Outlook on the Automotive Electrical Connectors Global Market to 2028 - Rising Development in Battery Systems Presents Opportunities - ResearchAndMarkets.com

Friday, May 14, 2021 - 5:47pm

b'The "Automotive Electrical Connectors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Vehicle Type, and Powertrain Type" report has been added to ResearchAndMarkets.com\'s offering.\nThe global automotive electrical connectors market is segmented into five major regions - North America, Europe, APAC, MEA, and SAM.

Key Points: 
  • b'The "Automotive Electrical Connectors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Vehicle Type, and Powertrain Type" report has been added to ResearchAndMarkets.com\'s offering.\nThe global automotive electrical connectors market is segmented into five major regions - North America, Europe, APAC, MEA, and SAM.
  • Also, owing to increased adoption of passenger cars, the Asian market is expected to witness massive growth in the automotive electrical connectors market during the forecast period.
  • Therefore, the adoption of automotive electrical connectors to improve power transmission of vehicles is rising in these countries.
  • This factor encourages automotive electrical connector providers to increase their focus on developing or innovating automotive electrical connectors with a high voltage range.\nThe overall automotive electrical connectors market size has been derived using both primary and secondary sources.

Arcimoto’s Douglas Campoli Named CFO of the Year by Portland Business Journal

Friday, May 14, 2021 - 4:41pm

b'Arcimoto , Inc.\xc2\xae (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, announced today that Chief Financial Officer (CFO), Douglas Campoli, has been named 2021 CFO of the Year by Portland Business Journal in the Public Companies category.

Key Points: 
  • b'Arcimoto , Inc.\xc2\xae (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, announced today that Chief Financial Officer (CFO), Douglas Campoli, has been named 2021 CFO of the Year by Portland Business Journal in the Public Companies category.
  • This annual award gives recognition to those financial professionals in Oregon and Southwest Washington.\nDoug has served as Arcimoto\xe2\x80\x99s CFO since 2015.
  • In his role, he has managed the company\xe2\x80\x99s accounting, finance and treasury departments.
  • As a strategic leader, he built financial processes, systems, policies and corporate governance committees from the ground up.

All-New 2022 Nissan Pathfinder Rolls off Assembly Line

Friday, May 14, 2021 - 3:05pm

b"The first all-new 2022 Nissan Pathfinder rolled off the assembly line today at the award-winning Nissan Smyrna Vehicle Assembly Plant in Tennessee.\nThis press release features multimedia.

Key Points: 
  • b"The first all-new 2022 Nissan Pathfinder rolled off the assembly line today at the award-winning Nissan Smyrna Vehicle Assembly Plant in Tennessee.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210514005353/en/\nProduction of the all-new 2022 Nissan Pathfinder is officially underway at the award-winning Nissan Smyrna Vehicle Assembly Plant in Tennessee.
  • (Photo: Business Wire)\n\xe2\x80\x9cStart of production of the new Pathfinder marks another major milestone in our Nissan NEXT momentum story,\xe2\x80\x9d says Jeff Younginer, vice president, Nissan Smyrna Vehicle Assembly Plant.
  • \xe2\x80\x9cThe Smyrna plant team is thrilled to put the newest version of this iconic vehicle on the road for customers.\xe2\x80\x9d\nThe all-new Pathfinder, alongside the upcoming all-new 2022 Nissan Frontier , gives Nissan one of the freshest lineups in the industry.

QuantumScape and Volkswagen Sign Agreement to Select Location for Joint Venture Pilot-Line Facility

Friday, May 14, 2021 - 1:48pm

b'QuantumScape Corporation , (NYSE: QS, or \xe2\x80\x9cQuantumScape\xe2\x80\x9d) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021.

Key Points: 
  • b'QuantumScape Corporation , (NYSE: QS, or \xe2\x80\x9cQuantumScape\xe2\x80\x9d) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021.
  • The companies currently contemplate Salzgitter, Germany for the location.\nThe pilot-line facility, QS-1, will initially be a 1-gigawatt hour (GWh) battery cell commercial production plant for electric vehicle batteries.
  • QuantumScape and Volkswagen intend to expand production capacity by a further 20 GWh at the same location.\n\xe2\x80\x9cOur goal has been to bring our solid-state lithium-metal batteries to market as soon as possible,\xe2\x80\x9d said Jagdeep Singh, CEO and co-founder of QuantumScape.
  • In its Q1 Shareholder Letter , QuantumScape highlighted progress on that front as well, securing a facility in San Jose to house the QS-0 line.

Luminar Launches With 2 New Series Production Manufacturing Partners; First Unit Rolls Off Line

Thursday, May 13, 2021 - 10:31pm

This complements Luminar\xe2\x80\x99s in-house advanced manufacturing facility in Orlando, Florida, which engineers process and manufacturing technology and techniques to deploy into production with its manufacturing partners.\nLuminar also announced it has achieved its critical milestone of bringing online the initial production line at Celestica\xe2\x80\x99s facility in Monterrey, Mexico.

Key Points: 
  • This complements Luminar\xe2\x80\x99s in-house advanced manufacturing facility in Orlando, Florida, which engineers process and manufacturing technology and techniques to deploy into production with its manufacturing partners.\nLuminar also announced it has achieved its critical milestone of bringing online the initial production line at Celestica\xe2\x80\x99s facility in Monterrey, Mexico.
  • [See: The Path to Series Production: Q2 2021 Update .]
  • \xe2\x80\x9cCelestica's experienced team and track record of tackling complex manufacturing challenges in series production is exactly what Luminar needs to accelerate manufacturing and deliver for our partners at scale and with great efficiency.
  • Luminar has rapidly gained over 50 industry partners, including 8 of the top 10 global automakers.

Fisker and Foxconn Sign Framework Agreements for Project PEAR; Confirming Manufacturing to Start in U.S. From Q4 2023

Thursday, May 13, 2021 - 10:00pm

Manufacturing to commence first in the United States with several locations under consideration by Fisker and Foxconn.

Key Points: 
  • Manufacturing to commence first in the United States with several locations under consideration by Fisker and Foxconn.
  • Other global manufacturing sites under study for future production, supporting projected annual volumes of more than 250,000 units across multiple sites.
  • (Photo: Business Wire)\nUnder the agreements, Fisker and Foxconn will jointly invest into Project PEAR, with each company taking proceeds from the successful delivery of the program.
  • Following an extensive review of potential U.S. manufacturing sites, the two companies will expedite a manufacturing plan capable of supporting the projected Q4 2023 start of production.

IndyCar Drivers Take Flight at LIFT Academy

Thursday, May 13, 2021 - 8:44pm

View the full release here: https://www.businesswire.com/news/home/20210513005991/en/\nNNT INDYCAR Series drivers Spencer Pigot, Dalton Kellett and Kyle Kaiser visit LIFT Academy in Indianapolis to take their skills from the race car to airplane with a discovery flight from Indianapolis International Airport.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210513005991/en/\nNNT INDYCAR Series drivers Spencer Pigot, Dalton Kellett and Kyle Kaiser visit LIFT Academy in Indianapolis to take their skills from the race car to airplane with a discovery flight from Indianapolis International Airport.
  • I think I want to learn how to do this.\xe2\x80\x9d\nLIFT Academy is owned by Indianapolis-based Republic Airways and is the first U.S. airline-owned and operated ab initio flight training program in the new generation of flight training.
  • Less than three years later, it has quickly become one of the largest flight schools in the nation with nearly 300 students from across the United States coming to train in Indianapolis.\nAbout LIFT Academy: Leadership In Flight Training (LIFT) Academy is a U.S.-based commercial aviation pilot training school owned and operated by Republic Airways.
  • Students receive instruction from experienced pilots, under FAA and industry standards, with the most advanced equipment and curriculum that combines flight, flight simulator, online and in-classroom training.

Aeva Reports First Quarter 2021 Results

Thursday, May 13, 2021 - 9:05pm

However, we do not expect the financial information presented in this press release to change.\nThe company will host a conference call and live webcast to discuss results at 2:00 p.m. PT / 5:00 p.m.

Key Points: 
  • However, we do not expect the financial information presented in this press release to change.\nThe company will host a conference call and live webcast to discuss results at 2:00 p.m. PT / 5:00 p.m.
  • Aeva is backed by Porsche SE, Adage Capital, Lux Capital and Canaan Partners, amongst others.
  • These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.
  • Aeva does not give any assurance that it will achieve its expectations.\n'

CMTC Releases Season 2 of Modern Manufacturing Podcast “Shifting Gears”

Thursday, May 13, 2021 - 8:11pm

b'California Manufacturing Technology Consulting\xc2\xae (CMTC) announced today the release of Shifting Gears Season Two .

Key Points: 
  • b'California Manufacturing Technology Consulting\xc2\xae (CMTC) announced today the release of Shifting Gears Season Two .
  • CMTC originally launched the Shifting Gears podcast in February to help small and medium-sized manufacturers (SMMs) keep up with emerging technologies, regulations, and industry news.
  • Season Two ( available now ) further explores the value of apprenticeship programs and deep-dives into inbound marketing , the economic outlook in the wake of the pandemic , smart manufacturing , eCommerce , and women in manufacturing .
  • Shifting Gears\xe2\x80\x99 host, CMTC Director of Advanced Manufacturing Technologies Gregg Profozich, is joined by subject matter experts to explore each of these six topics.