Automotive

XPeng Adjusts Configurations of G9 Flagship SUV in Response to High Demand for Optional Specs of Cutting-Edge Technologies

Retrieved on: 
Friday, September 23, 2022

All XPENG G9 versions come standard with 800 V high-voltage platform and 3C battery pack.

Key Points: 
  • All XPENG G9 versions come standard with 800 V high-voltage platform and 3C battery pack.
  • The 650 versions provide optional equipment for 4C supercharging battery pack.
  • Its mission is to drive Smart EV transformation with technology and data, shaping the mobility experience of the future.
  • XPeng is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam.

Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Friday, September 23, 2022

Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today reported that on September 22, 2022, the Compensation Committee of Vrooms Board of Directors approved the grant of inducement restricted stock unit awards covering 95,125 shares of Vrooms common stock to 22 non-executive employees of Vroom and its affiliates to induce them to join as employees of Vroom and its affiliates.

Key Points: 
  • Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today reported that on September 22, 2022, the Compensation Committee of Vrooms Board of Directors approved the grant of inducement restricted stock unit awards covering 95,125 shares of Vrooms common stock to 22 non-executive employees of Vroom and its affiliates to induce them to join as employees of Vroom and its affiliates.
  • The awards were granted under Vrooms 2022 Inducement Award Plan, and generally vest in equal annual increments of 1/3 over the three-year period following their grant, subject to continued employment through each applicable vesting date.
  • The awards were granted as employment inducement awards pursuant to the Nasdaq listing rules.
  • Vroom is an innovative, end-to-end ecommerce platform that offers a better way to buy and a better way to sell used vehicles.

Lightning eMotors Appoints Wanda Jackson-Davis to the Board of Directors

Retrieved on: 
Friday, September 23, 2022

Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that Wanda Jackson-Davis has been appointed to the Companys Board of Directors.

Key Points: 
  • Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that Wanda Jackson-Davis has been appointed to the Companys Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20220923005389/en/
    We are pleased to welcome Wanda Jackson-Davis to the Lightning Board, said Robert Fenwick-Smith, the Companys Board Chairman.
  • Ms. Jackson-Davis has more than 20 years of procurement and supply chain experience in power, automation, automotive, and industrial settings.
  • She earned a bachelor's degree in Supply Chain Management from Michigan State University and an MBA from Emory University.

Harris Williams Advises D&H United Fueling Solutions on its Sale to Wind Point Partners

Retrieved on: 
Friday, September 23, 2022

Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised D&H United Fueling Solutions (D&H United), a portfolio company of KLH Capital (KLH), on its sale to Wind Point Partners (Wind Point).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised D&H United Fueling Solutions (D&H United), a portfolio company of KLH Capital (KLH), on its sale to Wind Point Partners (Wind Point).
  • We continue to see strong investor appetite for companies like D&H United that provide mission-critical, non-deferrable services in fragmented industries, said Graham Gillam, a director at Harris Williams.
  • Wind Point is currently investing out of Wind Point Partners X, a fund that was initiated in 2022.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

KBRA Assigns Preliminary Ratings to SAFCO Auto Receivables Trust 2022-1

Retrieved on: 
Friday, September 23, 2022

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

Global Autonomous Marine Vehicles Market Report 2022: Increasing Military Expenditure, Strong Economic Growth in Emerging Markets and a Rise in Oceanographic Surveys - ResearchAndMarkets.com

Retrieved on: 
Friday, September 23, 2022

Growth in the historic period resulted from increasing military expenditure, low interest rates, strong economic growth in emerging markets and a rise in oceanographic surveys.

Key Points: 
  • Growth in the historic period resulted from increasing military expenditure, low interest rates, strong economic growth in emerging markets and a rise in oceanographic surveys.
  • Factors that could hinder the growth of the autonomous marine vehicles market in the future include stringent regulations, cyber-attacks and low funding and budgets.
  • The autonomous marine vehicles market is segmented by type into surface vehicle and underwater vehicle.
  • The global autonomous marine vehicles market is highly concentrated, and the market has limited number of players.

Global Automotive Repair and Maintenance Market Report 2022: A $2,080 Billion Industry in 2031 - Opportunities and Strategies - ResearchAndMarkets.com

Retrieved on: 
Friday, September 23, 2022

The "Automotive Repair And Maintenance Global Market Opportunities And Strategies To 2031" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Repair And Maintenance Global Market Opportunities And Strategies To 2031" report has been added to ResearchAndMarkets.com's offering.
  • The automotive repair and maintenance market is segmented by type into automotive mechanical and electrical repair and maintenance, automotive body, paint, interior, and glass repair and other automotive repair and maintenance.
  • The automotive mechanical and electrical repair and maintenance market is segmented by type into general automotive repair, automotive exhaust system repair, automotive transmission repair, and other automotive mechanical and electrical repair and maintenance.
  • The other automotive repair and maintenance market is segmented by type into automotive oil change and lubrication shops, car washes, and all other automotive repair and maintenance.

Eaton endorses Memorandum of Understanding for global commercial vehicle ‘Drive to Zero’ initiative

Retrieved on: 
Friday, September 23, 2022

Intelligent power management company Eaton has endorsed the global Memorandum of Understanding (MOU) on Zero-Emission Medium- and Heavy-Duty Vehicles (MHDVs), which was announced today during the Global Clean Energy Action Forum in Pittsburgh.

Key Points: 
  • Intelligent power management company Eaton has endorsed the global Memorandum of Understanding (MOU) on Zero-Emission Medium- and Heavy-Duty Vehicles (MHDVs), which was announced today during the Global Clean Energy Action Forum in Pittsburgh.
  • View the full release here: https://www.businesswire.com/news/home/20220922005838/en/
    Eatons Brian Brickhouse addresses priority actions accelerating electric vehicle charging infrastructure and decarbonization at Global Clean Energy Action Forum today.
  • At Eaton, were working to expand electrification and modernize energy systems everywhere to support the energy transition.
  • Eatons vehicle and eMobility solutions provide on- and off-highway vehicle manufacturers worldwide with sustainable technologies that enhance vehicle efficiency, safety and performance.

Global Motor Vehicle Parts Market Opportunities and Strategies to 2031 with COVID-19 Impact and Recovery Insights - ResearchAndMarkets.com

Retrieved on: 
Friday, September 23, 2022

The "Motor Vehicle Parts Global Market Opportunities And Strategies To 2031: COVID-19 Impact And Recovery" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Motor Vehicle Parts Global Market Opportunities And Strategies To 2031: COVID-19 Impact And Recovery" report has been added to ResearchAndMarkets.com's offering.
  • The motor vehicle parts market is segmented by type into motor vehicle body, stamped metal and other parts, motor vehicle engine, powertrain and parts, motor vehicle electrical and electronic equipment, steering suspension, and interiors.
  • The motor vehicle body, stamped metal and other parts market was the largest segment of the motor vehicle parts market segmented by type, accounting for 51.2% of the total in 2021.
  • The motor vehicle body, stamped metal and other parts market is further segmented into motor vehicle body, stamped metal and other parts.

XPENG G9 Equipped with Dual Automotive-Grade LiDAR Sensors from RoboSense

Retrieved on: 
Friday, September 23, 2022

RoboSense, a world-leading provider of Smart LiDAR Sensor Systems announced XPENG G9 equipped with two RoboSense second-generation Smart Solid-state LiDARs (RS-LiDAR-M1).

Key Points: 
  • RoboSense, a world-leading provider of Smart LiDAR Sensor Systems announced XPENG G9 equipped with two RoboSense second-generation Smart Solid-state LiDARs (RS-LiDAR-M1).
  • On September 21, XPENG Motors held the G9 Flagship SUV Immersive Experience online launch event and officially launched XPENG G9.
  • View the full release here: https://www.businesswire.com/news/home/20220923005230/en/
    XPENG G9 equipped with two RoboSense second-generation smart solid-state LiDARs, to realize full-scenario intelligent driver assistance.
  • With a complete portfolio of LiDAR sensors, AI perception and IC chipsets, RoboSense transforms conventional 3D LiDAR sensors with comprehensive data analysis and interpretation systems.