Tag - Auto Industry Newsfeed from Business Wire

FIA Selects Hoosier Racing Tire for World Rallycross Championship

INDIANAPOLIS–(BUSINESS WIRE)–Hoosier Racing Tire, the world’s largest manufacturer of racing tires, proudly announced that the Fédération Internationale de l’Automobile (FIA) has named Hoosier as the exclusive tire partner for FIA World and European Rallycross Championship. “We are excited to enter into a new partnership with Hoosier,” said Andrew Wheatley, FIA...

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Joby, ANA Holdings Partner with Nomura Real Estate Development for Vertiports in Japan

Nomura Real Estate Development is one of Japan’s largest real estate developers Three-way partnership includes Joby’s existing Japanese airline partner, ANA Companies to jointly explore the design, location and financing of vertiports across Japan SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (NYSE:JOBY), a company developing an all-electric vertical take-off and landing...

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Faraday Future Announces Upcoming FF 91 2.0 Deliveries, Including a B2B Co-Creation Partnership with Motev, LLC, a Leader in Luxury Sustainable Transportation, Founded by Robert Gaskill and Morgan Freeman

The agreement with Motev supports both companies’ missions of priority to the environment and to their users and customers. This agreement marks a forward step in FF’s B2B business, showcasing and opening up FF’s innovative resources to other companies. In addition to the Motev delivery, a longtime FF employee is...

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Mitsubishi Electric, ME Innovation Fund Invests in Hayden AI Technologies, Inc.

Contributing to optimizing and ensuring the safety of city traffic using image analysis technology TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Hayden AI Technologies, Inc., a U.S. based startup company that provides the traffic violation enforcement services using image analysis technology....

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PowerFlex Helps Accelerate ASICS’ Sustainability Goals by Doubling Solar Rooftop

Turnkey project by PowerFlex helps ASICS accelerate 2030 sustainability goals and bolster the grid SAN DIEGO–(BUSINESS WIRE)–PowerFlex, a clean technology solutions company, announced the completion of the second rooftop solar project for ASICS, a leading brand in the design and manufacturing of performance athletic footwear, apparel, and accessories, at their...

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Top Tech to See at CES 2024: Meet the Pebble Flow, The Electric Semi-Autonomous Travel Trailer

The Pebble Flow, equipped with advanced robotics and EV technology, sets a new standard as the world’s first self-propelled travel trailer featuring automated hitching and remote maneuvering capabilities The travel trailer includes the world’s first dual-motor active propulsion assist system that enables easier, safer towing and achieves better mileage and...

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Blue Bird and Generate Capital Establish “Clean Bus Solutions,” a Fleet Electrification-as-a-Service Joint Venture

Vertically-Integrated Joint Venture to Accelerate Adoption of Electric School Buses MACON, Ga.–(BUSINESS WIRE)–Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, and Generate Capital, a leading sustainable investment and operating company, have formed a joint venture (JV) named Clean Bus Solutions, LLC to meet the increasing...

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U-Haul Holding Company Announces Increase to Quarterly Cash Dividend

RENO, Nev.–(BUSINESS WIRE)–U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on December 6, 2023 declared a quarterly cash dividend of $0.05 per share on its Series N Non-Voting Common Stock (NYSE: UHAL.B). The dividend will...

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ComEd, Metropolitan Mayors Caucus Announce the First 12 Northern Illinois Communities to be Named “EV Ready”

EV Ready program helps local governments prepare for the growing demand for EVs in Illinois CHICAGO–(BUSINESS WIRE)–ComEd and the Metropolitan Mayors Caucus (Caucus) today celebrated the first class of communities to complete the EV Readiness Program, created to help local governments prepare for the growth of electric vehicles (EVs) and...

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