Performance & Special Interest

Microvast Joins Consortium Led by Shell to Drive Decarbonisation of Mining Industry

Retrieved on: 
Friday, October 14, 2022

Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced its participation in a mining industry electrification consortium led by Shell.

Key Points: 
  • Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced its participation in a mining industry electrification consortium led by Shell.
  • Shell, together with the consortium members, wants to offer an end-to end, interoperable and modular solution for the mining industry, including power provisioning and microgrids, ultra-fast charging and in-vehicle energy storage.
  • Within the consortium, Microvast has been tasked with delivering a custom high-powered battery solution with ultrafast charging capabilities.
  • We are proud to partner with Shell and the consortium, working together to accelerate industrial decarbonisation efforts, said Sascha Kelterborn, President and Chief Revenue Officer at Microvast.

Ouster Sets Date for L3 Chip Release and New Product Launch

Retrieved on: 
Wednesday, October 12, 2022

Ouster, Inc. (NYSE: OUST) (Ouster or the Company), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries, announced that it will release new products powered by its next-generation L3 digital lidar chip on October 19, 2022 .

Key Points: 
  • Ouster, Inc. (NYSE: OUST) (Ouster or the Company), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries, announced that it will release new products powered by its next-generation L3 digital lidar chip on October 19, 2022 .
  • View the full release here: https://www.businesswire.com/news/home/20221012005390/en/
    Investors and analysts can register for the conference call by visiting the following website: https://conferencingportals.com/event/XOJjOxLp .
  • Ouster (NYSE: OUST) is building a safer and more sustainable future through its high-resolution digital lidar sensors for the automotive, industrial, smart infrastructure, and robotics industries.
  • Ouster is headquartered in San Francisco, CA with offices in the Americas, Europe, Asia-Pacific, and the Middle East.

Carvana Continues Rolling Out New Co-Signer Financing in New York City

Retrieved on: 
Wednesday, October 12, 2022

By sharing responsibility for the vehicle loan, Carvana customers in New York City who qualify may unlock more attractive financing offers, including lower down payments, lower interest rates, or lower monthly payments.

Key Points: 
  • By sharing responsibility for the vehicle loan, Carvana customers in New York City who qualify may unlock more attractive financing offers, including lower down payments, lower interest rates, or lower monthly payments.
  • View the full release here: https://www.businesswire.com/news/home/20221012005056/en/
    Carvana launches new online co-signer financing for qualified New York City residents.
  • Carvana co-signer financing is available to qualified New York City customers before its official nationwide launch.
  • For further information on Carvana, please visit www.carvana.com , try our Online Chat , or connect with us on Facebook , Instagram , Twitter , YouTube or the Carvana Blog .

Mercedes-Benz and Microsoft Collaborate to Boost Efficiency, Resilience and Sustainability in Car Production

Retrieved on: 
Wednesday, October 12, 2022

With the new MO360 Data Platform, Mercedes-Benz is connecting its around 30 passenger car plants worldwide to the Microsoft Cloud, enhancing transparency and predictability across its digital production and supply chain.

Key Points: 
  • With the new MO360 Data Platform, Mercedes-Benz is connecting its around 30 passenger car plants worldwide to the Microsoft Cloud, enhancing transparency and predictability across its digital production and supply chain.
  • The ability to predict and prevent problems in production and logistics will become a key competitive advantage as we go all electric.
  • Judson Althoff, Executive Vice President and Chief Commercial Officer at Microsoft: Mercedes-Benz partnership with Microsoft is a testament to the power of the industrial metaverse.
  • Microsoft (Nasdaq MSFT @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge.

Mercedes-Benz Reports Q3 2022 Sales of 72,389 Vehicles

Retrieved on: 
Tuesday, October 11, 2022

On a year-to-date basis, MBUSA recorded sales of 213,745 Mercedes-Benz passenger vehicles and 48,711 Vans.

Key Points: 
  • On a year-to-date basis, MBUSA recorded sales of 213,745 Mercedes-Benz passenger vehicles and 48,711 Vans.
  • Q3 sales of the all-electric Mercedes-EQ sales totaled 2,717 units, with 1,701 EQS Sedans, 277 EQS SUVs and 739 EQB SUVs sold.
  • Q3 sales of Mercedes-AMG high-performance models totaled 9,021 units, an increase of 25.6% versus the same quarter, last year.
  • Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 33,624 vehicles during the second quarter, and 99,652 YTD 2022, an increase of 1.6% compared to the previous quarter.

XPENG X2 Completes First Global Public Flight in Dubai

Retrieved on: 
Tuesday, October 11, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221011005694/en/
    XPENG X2 First Global Public Flight at Skydive Dubai (Photo: Business Wire)
    It is XPENG X2's first public display after completing the specific operations risk assessment and achieving a special flying permit from the Dubai Civil Aviation Authority (DCAA).
  • Brian Gu, Vice Chairman and President of XPENG, commented: "XPENG X2's public display in Dubai represents a significant milestone for XPENG AEROHT and the international achievement of flying cars.
  • Dubai is a world-renowned 'City of Innovation', which is the reason we decided to hold the X2 first public flight event here.
  • The XPENG X2 first public flight was highly supported by the Dubai International Chamber of Commerce.

Clarience Technologies Earns 2022 Wabash Platinum Award for Supply Chain Excellence

Retrieved on: 
Monday, October 10, 2022

), has been awarded a 2022 Wabash Platinum Award.

Key Points: 
  • ), has been awarded a 2022 Wabash Platinum Award.
  • The award recognizes Wabash suppliers for excellence in supply chain performance, considering criteria such as innovation, quality, delivery, cost and service.
  • This is the tenth time the company has been recognized with the Wabash Platinum award.
  • Strong customer relationships like that we established with Wabash are built by demanding quality in everything we do, said Brian Kupchella, CEO of Clarience Technologies.

Camping World Announces Strategic Appointment of SVP of Corporate Development and Investor Relations to Leadership Team

Retrieved on: 
Monday, October 10, 2022

Camping World Holdings, Inc. (NYSE: CWH) (Camping World), Americas Recreation Dealer, today announced the appointment of Brett Andress to the role of SVP of Corporate Development and Investor Relations.

Key Points: 
  • Camping World Holdings, Inc. (NYSE: CWH) (Camping World), Americas Recreation Dealer, today announced the appointment of Brett Andress to the role of SVP of Corporate Development and Investor Relations.
  • He began his career at J.P. Morgan Asset Management and earned degrees in Finance and Accounting from Ohio University.
  • Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is Americas largest retailer of RVs and related products and services.
  • With RV sales and service locations in 42 states, Camping World has grown to become the prime destinations for everything RV.

Strategy Analytics: Electric Vehicle Battery Outlook Boost as Auto Makers Go All-Electric

Retrieved on: 
Monday, October 10, 2022

With demand for battery electric vehicles growing, demand for battery cells has correspondingly increased.

Key Points: 
  • With demand for battery electric vehicles growing, demand for battery cells has correspondingly increased.
  • These are some of the developments covered in the Strategy Analytics Electric Vehicle Service ( EVS ) reports: Electric Vehicle Batteries: LFP Boosted By Pack Topologies, But Race On For Cost-Effective Chemistries and Electric Vehicle Battery Outlook 2020-2029: Production Boost as Auto Makers Go All-Electric, Supply Also Being Localized .
  • Higher battery material costs are compelling the industry to also look at developing circular economies to maximize material usage through the full life cycle of the battery.
  • This has led to higher cost in battery materials, leading to developments in diversifying battery chemistry.

AUTEL Launches Energy Storage Solutions

Retrieved on: 
Friday, October 7, 2022

AUTEL (AUTEL EUROPE GmbH) launched its new energy storage solutions at eMove360 Europe 2022, for energy storage systems, commercial and industrial applications, and residential uses.

Key Points: 
  • AUTEL (AUTEL EUROPE GmbH) launched its new energy storage solutions at eMove360 Europe 2022, for energy storage systems, commercial and industrial applications, and residential uses.
  • The energy storage range includes the Autel Hybrid Inverter and the Autel ESS All-in-one.
  • AUTEL believes that its energy storage products are capable of solving the problems of limited capacity, short service life, complex operation and maintenance and high safety risks associated with traditional solutions.
  • Autel will continue to invest in smart string energy storage systems and EV Chargers, helping build a sustainable, low-carbon future.