General Automotive

Australia-based Avass Group signs MoU with HRH Prince of Saudi Arabia to manufacture electric vehicles, lithium batteries

Retrieved on: 
Sunday, February 6, 2022

Australia-based Avass Group recently announced that they have signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries.

Key Points: 
  • Australia-based Avass Group recently announced that they have signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries.
  • (Photo: Business Wire)
    The Group have endorsed a Memorandum of Understanding (MoU) with HRH Prince Abdulaziz Bin Abdullah Bin Saud Bin Abdulaziz Al Saud in the capital city of Riyadh on December 19.
  • The agreement bolsters Avass Groups plans to mass manufacture Full Electric Buses and Lithium Batteries in Saudi.
  • The agreement will also greatly assist the trade relationship between Saudi Arabia and India and help Avass to provide an integrated solution for batteries, EVs, he added.

Association of Southeast Asian Nations (ASEAN) Commercial Vehicle (CV) Market Growth Opportunities Report 2021: Market is Expected to Reach 1.7 Million Units by 2030, Growing at a CAGR of 7.9% - ResearchAndMarkets.com

Retrieved on: 
Friday, February 4, 2022

The "Association of Southeast Asian Nations (ASEAN) Commercial Vehicle (CV) Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Association of Southeast Asian Nations (ASEAN) Commercial Vehicle (CV) Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • The overall commercial vehicle volume in ASEAN is expected to reach 1.7 million units by 2030, growing at a CAGR of 7.9% between 2020 and 2030.
  • These factors are expected to be the major drivers for commercial truck demand in the near and long terms.
  • Thailand and Indonesia contribute to 75% of the region's CV volumes, with Thailand being a major market for pickup trucks.

SES Begins Trading Today on the New York Stock Exchange Under the Symbol “SES”

Retrieved on: 
Friday, February 4, 2022

SES AI Corporation (SES), a global leader in the development and production of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, announced today that its Class A common stock and warrants will begin trading on the New York Stock Exchange today under the ticker symbols SES and SES.WS, respectively.

Key Points: 
  • SES AI Corporation (SES), a global leader in the development and production of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, announced today that its Class A common stock and warrants will begin trading on the New York Stock Exchange today under the ticker symbols SES and SES.WS, respectively.
  • Global auto manufacturers Geely Holding Group, General Motors, Honda Motor Co. Ltd., Hyundai Motor Company, Kia Corporation, SAIC Motor and Foxconn have all invested in SES.
  • In addition, SES has entered into A-sample joint development agreements with General Motors, Honda, Hyundai and Kia.
  • However, while SES may elect to update these forward-looking statements at some point in the future, SES specifically disclaims any obligation to do so.

Knight-Swift Transportation Holdings Inc. Announces an Increase in Quarterly Cash Dividend

Retrieved on: 
Friday, February 4, 2022

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that its board of directors ("the Board") has declared the Companys quarterly cash dividend of $0.12 per share of common stock, which is a $0.02 increase from the Company's existing quarterly dividend of $0.10 per share of common stock.

Key Points: 
  • Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that its board of directors ("the Board") has declared the Companys quarterly cash dividend of $0.12 per share of common stock, which is a $0.02 increase from the Company's existing quarterly dividend of $0.10 per share of common stock.
  • The Company's quarterly dividends are pursuant to a cash dividend policy approved by the Board.
  • The Companys dividend is payable to stockholders of record on March 4, 2022 and is expected to be paid on March 28, 2022.
  • Knight-Swift is one of North America's largest and most diversified freight transportation companies, providing multiple truckload transportation and logistics services, as well as LTL services.

ACME Capital Closes Over $300 Million for its Latest Venture Funds and Expands Partnership

Retrieved on: 
Friday, February 4, 2022

ACME Capital , an early-stage venture firm investing in pioneering founders, today announced the closing of over $300 million for Fund IV and its adjacent Opportunity Fund.

Key Points: 
  • ACME Capital , an early-stage venture firm investing in pioneering founders, today announced the closing of over $300 million for Fund IV and its adjacent Opportunity Fund.
  • Along with Fund IV, ACMEs largest fundraise to date, ACME has also deployed $155 million in capital through LP co-investment vehicles over the past year.
  • View the full release here: https://www.businesswire.com/news/home/20220204005038/en/
    Additionally, ACME Capital announced two Partner promotions: Alex Fayette and Aike Ho.
  • ACME is a San Francisco based early-stage venture capital firm investing in breakthrough enabling technologies and business model innovations disrupting massive sectors.

Insights on the Automotive Audio Amplifier Glboal Market to 2025 - Rising Demand for Differentiated In-Car Experiences is Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, February 4, 2022

The report on automotive audio amplifier market covers the following areas:

Key Points: 
  • The report on automotive audio amplifier market covers the following areas:
    The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
  • The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
  • The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
  • The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Fisker Ocean All-electric SUV Will Make Its European Debut at Mobile World Congress

Retrieved on: 
Friday, February 4, 2022

Fisker Inc. (NYSE: FSR) ("Fisker") passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions will debut its Fisker Ocean all-electric SUV to the European market at Mobile World Congress in Barcelona.

Key Points: 
  • Fisker Inc. (NYSE: FSR) ("Fisker") passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions will debut its Fisker Ocean all-electric SUV to the European market at Mobile World Congress in Barcelona.
  • View the full release here: https://www.businesswire.com/news/home/20220203006008/en/
    Fisker will debut its Fisker Ocean all-electric SUV to the European market at Mobile World Congress in Barcelona.
  • [Photo credit: Michael Muller]
    The five-passenger Fisker Ocean Sport features a range of 250 miles with a starting price of $37,499.
  • Mobile World Congress runs from Feb. 28-March 3, 2022, and attendees are welcome to visit the show stand to see the Fisker Ocean in person.

Strategic Progress of Ford+ Growth Plan, Solid Financials in ’21 Position Company for Connected EV Leadership in 2022, Beyond

Retrieved on: 
Thursday, February 3, 2022

Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5:00 p.m.

Key Points: 
  • Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5:00 p.m.
  • The call will feature Jim Farley, president and CEO; John Lawler, chief financial officer; and other members of the Ford senior management team.
  • The company is pursuing leadership positions in electrification, connected vehicle services and mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company.
  • More information about the company, its products and Ford Motor Credit Company is available at corporate.ford.com .

Nissan Is Back in the Super Bowl With One Message: A Thrilling Drive Changes Everything

Retrieved on: 
Thursday, February 3, 2022

Nissans Super Bowl commercial brings that unique confidence to life with an equally iconic cast.

Key Points: 
  • Nissans Super Bowl commercial brings that unique confidence to life with an equally iconic cast.
  • (Photo: Business Wire)
    The 60-second ad titled Thrill Driver is part of a 360-degree campaign featuring the all-new 2023 Nissan Z * and the all-new, all-electric 2023 Nissan Ariya **.
  • This is a launching point for the Nissan Ariya and Z, and we will make a big splash on this global stage.
  • Nissan also is hosting a sweepstakes*** for one lucky person to win an all-new 2023 Nissan Z .