Automotive Manufacturing

inTEST to Add Electronic Circuit and Electric Vehicle Battery Testing Capabilities with Planned Acquisition of Acculogic Inc.

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Thursday, December 9, 2021
Other Defense, Contracts, General Automotive, Technology, Automotive, Defense, Semiconductor, Other Manufacturing, Automotive Manufacturing, Aerospace, Manufacturing, Telecommunications, U.S. Securities and Exchange Commission, Engineering, NYSE, Terminology, Company, CA, Semiconductor, Culture, Growth, Flying probe, Natural borrowing limit, Annual report, Private Securities Litigation Reform Act, Scorpion, CEO, Original equipment manufacturer, Form 10-K, Telecommunication, COVID-19, Goal, Public expenditure, Solution, Risk, Acquisition, Investment, 3D printing, Risk management

Acculogic is a natural fit for inTEST and aligns with our 5-Point Growth Strategy.

Key Points: 
  • Acculogic is a natural fit for inTEST and aligns with our 5-Point Growth Strategy.
  • Acculogic provides differentiated flying probe know-how and solutions to the circuit test markets.
  • Of note, it has gained an early position in electric vehicle battery testing applications, which would expand inTESTs portfolio of solutions for electric vehicle OEMs.
  • With the planned acquisition of Acculogic, we are creating an electronic test platform that goes beyond the semiconductor market with deeper penetration in defense, aerospace and life science markets.

Global Heavy Commercial Vehicle HVAC Market (2021 to 2027) - Featuring Coachair, Denso and Konvekta Among Others - ResearchAndMarkets.com

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Thursday, December 9, 2021
Automotive Manufacturing, Manufacturing, Other Automotive, General Automotive, Automotive, Original equipment manufacturer, Convection, COA, Evaporator, HVAC, Temperature, Technology, Industry, Porter's five forces analysis, Denso, Heating, ventilation, and air conditioning

The "Heavy Commercial Vehicle HVAC Market by Type, Vehicle Type, Sales Channel, Input, and Vehicle Type by Propulsion: Global Opportunity Analysis and Industry Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Heavy Commercial Vehicle HVAC Market by Type, Vehicle Type, Sales Channel, Input, and Vehicle Type by Propulsion: Global Opportunity Analysis and Industry Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global heavy commercial vehicle HVAC market is segmented into type, vehicle type, sales channel, input, and vehicle type by propulsion.
  • The overall heavy commercial vehicle HVAC market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global heavy commercial vehicle HVAC market with detailed impact analysis.

Desktop Metal Receives $7.9 Million System Order from Major German Car Maker for Mass Production of Automotive Components

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Thursday, December 9, 2021
Hardware, Electronic Design Automation, Steel, Engineering, Technology, Automotive Manufacturing, Manufacturing, Other Technology, U.S. Securities and Exchange Commission, NYSE, Forward-looking statement, DM, Ceramic, Wood, Technology, Metal, Economics, Polymer, CEO, World Economic Forum, MIT Technology Review, Original equipment manufacturer, Sand, Health, AM, Metallurgy, Elastomer, Adoption, Biomaterial, Robotics, Solution, 3D printing

Desktop Metal (NYSE: DM), a leader in mass production additive manufacturing (AM) solutions, today announced the company has received a $7.9 million order for binder jet additive manufacturing systems from a major German car maker for the mass production of metal automotive powertrain components at scale.

Key Points: 
  • Desktop Metal (NYSE: DM), a leader in mass production additive manufacturing (AM) solutions, today announced the company has received a $7.9 million order for binder jet additive manufacturing systems from a major German car maker for the mass production of metal automotive powertrain components at scale.
  • "We are proud to be working with a number of major, global automotive OEMs to expand their adoption of additive manufacturing for the series production of end-use car components," said Ric Fulop, Founder and CEO of Desktop Metal.
  • Desktop Metal offers the industry's broadest portfolio of high-throughput additive manufacturing solutions for the mass production of end-use parts, with support for a comprehensive and diverse materials library with more than 250 materials across metals, composites, polymers, ceramics, biocompatible materials, sand, wood, and elastomers.
  • Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with an expansive portfolio of 3D printing solutions, from rapid prototyping to mass production.

MP Materials to Build U.S. Magnet Factory, Enters Long-Term Supply Agreement with General Motors

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Thursday, December 9, 2021
Other Manufacturing, Alternative Vehicles, Fuels, Technology, Automotive, Engineering, Other Technology, Automotive Manufacturing, Manufacturing, Mining, Minerals, Natural Resources, Engineering, NYSE, Probability, Forward-looking statement, Company, Material, Recycling, SEC, General Motors, Motion, EV, Magnetism, Economics, Omicron, Hillwood, Private Securities Litigation Reform Act, MP, Computer, CEO, EVS, MP Materials, Mountain, Oxide, City, Life, Government, Mountain pass, Multimedia, COVID-19, Neodymium magnet, Robotics, Electricity, Water, Sale, GM, Compliance, Magnet, III, Risk, Rare-earth element, Television

MP Materials Corp. (NYSE: MP) announced today that it will build its initial rare earth (RE) metal, alloy and magnet manufacturing facility in Fort Worth, Texas.

Key Points: 
  • MP Materials Corp. (NYSE: MP) announced today that it will build its initial rare earth (RE) metal, alloy and magnet manufacturing facility in Fort Worth, Texas.
  • The facility will also supply NdFeB alloy flake to other magnet producers to help develop a diverse and resilient U.S. magnet supply chain.
  • MP Materials initial Fort Worth metal and magnet facility is deliberately sized to achieve commercial economics at the minimum required scale.
  • MP Materials (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.

Outlook on the Automotive Lubricants Global Market to 2026 - by Product, Vehicle Type and Region - ResearchAndMarkets.com

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Thursday, December 9, 2021
Automotive Manufacturing, Manufacturing, Environment, Corrosion, R, Research, Lubricant, Efficiency, Oil, Industry, COVID-19, Growth, Adoption, Friction, Synthetic oil, Potash

Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market.

Key Points: 
  • Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market.
  • Key Questions Answered in This Report:
    How has the global automotive lubricants 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 lubricants market?
  • What is the structure of the global automotive lubricants market and who are the key players?

Helios Technologies Declares 25 Years of Consecutive Quarterly Cash Dividends

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Thursday, December 9, 2021
Electronic Design Automation, Engineering, Automotive, Automotive Manufacturing, General Automotive, Technology, Manufacturing, Agriculture, NYSE, Board, Technology, Company, Board of directors, Solution, Health, Acquisition, CEO, Growth, Holding company, Management

Helios Technologies, Inc. (NYSE: HLIO) (Helios or the Company), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share.

Key Points: 
  • Helios Technologies, Inc. (NYSE: HLIO) (Helios or the Company), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share.
  • Helios Technologies has declared 100 consecutive quarterly dividends to its stockholders beginning with the first quarter 1997.
  • Josef Matosevic, President and CEO, commented, We are proud to be among the top 15% of public companies listed on U.S. exchanges that can claim having paid dividends to their shareholders for 25 consecutive years.
  • Our augmented strategy is intent upon driving growth and generating cash to create value for our shareholders through total returns.

Ryder Honors Carriers for Service and Excellence; Announces Winner of Inaugural Innovation and Technology Award

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Thursday, December 9, 2021
Fleet Management, Automotive, Other Transport, Trucking, Automotive Manufacturing, Logistics, Supply Chain Management, Transport, Manufacturing, U.S. Securities and Exchange Commission, NYSE, Technology, Saia, Security (finance), Workforce, Ryder, News, Partnership, Transport, Maintenance, 3PL, Solution, Risk, United Kingdom, Investment, Risk management, Warehouse

Our commitment to innovation and investments in technology continue to prove critical to our ability to consistently deliver operational excellence and superior customer service.

Key Points: 
  • Our commitment to innovation and investments in technology continue to prove critical to our ability to consistently deliver operational excellence and superior customer service.
  • "We are excited to be honored as Ryders National LTL Carrier of the Year, explains Scott Jandacek, director of 3PL sales for Saia.
  • From planning, procurement, and execution to management of transportation networks, Ryder helps improve service levels and reduce transportation costs.
  • In addition, Ryder manages nearly 235,000 commercial vehicles and operates more than 300 warehouses encompassing approximately 64 million square feet.

Taiwan Innovations for the European Automotive Market Take Centerstage at “Lights, Cameras, Electronics & Cockpits” Webinar

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Thursday, December 9, 2021
Technology, General Automotive, Automotive Manufacturing, Manufacturing, Aftermarket, Other Transport, Alternative Vehicles, Fuels, Automotive, Trucking, Transport, Software, Other Automotive, Hardware, Performance & Special Interest, Ford Motor Company, LED, Technology, Deep learning, Taiwan Excellence Awards, GPS, Artificial intelligence of things, Transport, CHO, EOM, Fatigue, Electronics, TTC, Face, Taipei World Trade Center, Automation, EV, Kia, Artificial intelligence, CUB, Philosophy, Industry, Ventilation, Multimedia, Marketing, AI, Taiwan External Trade Development Council, Radar, Growth, TWTC, Digital technology, Heat, Human, Automotive industry, Government, Mark (given name), Heart, Safety, Accident, OEM, UNI, Noise, Association, Solution, Mercedes-Benz, OLED, Economy, Thermoplastic, Satellite navigation device, Road, Online shopping

To familiarize European buyers with Taiwanese automotive aftermarket products, Taiwan Excellence the symbol of the best and most innovative products from Taiwan recently hosted a webinar titled Lights, Cameras, Electronics & Cockpits Hot Innovations from Taiwan for Automotive Market.

Key Points: 
  • To familiarize European buyers with Taiwanese automotive aftermarket products, Taiwan Excellence the symbol of the best and most innovative products from Taiwan recently hosted a webinar titled Lights, Cameras, Electronics & Cockpits Hot Innovations from Taiwan for Automotive Market.
  • In spite of Covid, the growth of the European automotive aftermarket is climbing, and is expected to exceed US $369 billion by 2026 according to Market Data Forecast .
  • The European market for Taiwans automotive parts has been growing rapidly, although from a small base.
  • The Lights, Cameras, Electronics & Cockpits webinar can be viewed here on Taiwan Excellences YouTube channel.

Robotic Research Announces $228 Million Series A Funding Round to Scale Autonomous Technology Commercially

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Thursday, December 9, 2021
Software, Hardware, Electronic Design Automation, Public Transport, General Automotive, Technology, Automotive, Trucking, Automotive Manufacturing, Transport, Manufacturing, Logistics, Supply Chain Management, Company, UBS, LLP, Cravath, Swaine & Moore, Odds, Research, Weather, CEO, Covington & Burling, Robot research initiative, Transport, SoftBank Group, OEM, Partner (business rank), Multimedia, Senior, Robotics, Solution, Food delivery, Heavy equipment

Robotic Research, a global leader in autonomous mobility and robotics solutions, today announced a $228 million funding roundthe first outside capital the company has raised.

Key Points: 
  • Robotic Research, a global leader in autonomous mobility and robotics solutions, today announced a $228 million funding roundthe first outside capital the company has raised.
  • Investors in the Series A round include SoftBank Vision Fund 2, Enlightenment Capital, Crescent Cove Advisors, Henry Crown and Company, and Luminar Technologies, Inc.
  • Robotic Research has successfully deployed autonomous and robotics solutions on roadways around the globe as well as in the industrys harshest, unstructured environments.
  • Robotic Research is working alongside Luminar on strategic opportunities to advance autonomy and has selected Luminar as its long-range lidar provider.

AEye Announces Common Stock Purchase Agreement With Tumim Stone Capital for up to $125 Million

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Wednesday, December 8, 2021
Automotive Manufacturing, Semiconductor, Manufacturing, Other Technology, Technology, U.S. Securities and Exchange Commission, Environment, Probability, Electronics, Forward-looking statement, Company, File, ADAS, Registration statement, Prospectus, SEC, LaCorte, Vii, Growth, Consumer Electronics Show, 100,000, Private Securities Litigation Reform Act, Asset purchase agreement, Compte rendu, News, CEO, Industry, Perception, Xi, Partnership, LIDR, Register, Intelligent transportation system, Continental, Ix, Multimedia, COVID-19, Adoption, Idar, XV, Sale, Annual report, Bill, San Francisco Bay Area, Purchasing, Security (finance), Risk management

AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance LiDAR solutions, today announced that it has entered into a common stock purchase agreement (the Purchase Agreement) with Tumim Stone Capital LLC (Tumim Stone).

Key Points: 
  • AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance LiDAR solutions, today announced that it has entered into a common stock purchase agreement (the Purchase Agreement) with Tumim Stone Capital LLC (Tumim Stone).
  • Under the terms and subject to the conditions of the Purchase Agreement, AEye will have the right, but not the obligation, to issue and sell to Tumim Stone up to $125 million of AEyes common stock from time-to-time over the approximately 36-month term of the Purchase Agreement.
  • Under the terms of the Purchase Agreement, AEye has the right, but not the obligation, to sell to Tumim Stone up to $125 million of its common stock, subject to certain conditions.
  • As consideration for Tumim Stones commitment to purchase shares of AEyes common stock upon the terms and conditions set forth in the Purchase Agreement, AEye will issue 302,634 shares of its common stock to Tumim Stone.