An electric vehicle battery for all seasons: New electrolyte for lithium-ion batteries performs well in frigid regions and seasons
LEMONT, Ill.–(BUSINESS WIRE)–Many owners of electric vehicles worry about how effective their battery will be in very cold weather. Now a new battery chemistry may have solved that problem. In current lithium-ion batteries, the main problem is that the electrolyte is a liquid that begins to freeze at sub-zero temperatures. This condition severely limits the […]
Sonatus Launches Presence in Taiwan
Silicon Valley-based software-defined vehicle innovator deepens global reach with expansion to Taiwan’s growing vehicle manufacturing ecosystem SUNNYVALE, Calif.–(BUSINESS WIRE)– The announcement comes on the heels of Sonatus’ recent expansion into Japan and Shanghai, and signals its commitment to address the unique needs of Taiwan’s automotive suppliers. The Sonatus software-defined vehicle platform includes technologies and solutions […]
Carvana Co. Announces Extension of Private Exchange Offers, Withdrawal Deadline and Early Exchange Premium
PHOENIX–(BUSINESS WIRE)–Carvana Co. (NYSE: CVNA) (“Carvana” or the “Company”), the leading e-commerce platform for buying and selling used cars, today announced that it has extended the expiration date and withdrawal deadline for each of its previously announced offers to exchange (each an “Exchange Offer” and, collectively, the “Exchange Offers”) its outstanding existing notes listed below […]
Wise Systems and IntelliShift Unveil New Partnership for End-to-End Fleet Intelligence
CAMBRIDGE, Mass.–(BUSINESS WIRE)–Wise Systems and IntelliShift today announced a new partnership and integrated solution to bring end-to-end fleet intelligence to customers. By combining Wise Systems’ delivery automation platform with IntelliShift’s telematics data, customers have access to highly accurate and reliable “For last-mile operators, on-time performance, accuracy, and reliability are paramount,” said Erin Blair, Wise Systems’ […]
The Presidio Group Advises Asbury Automotive on the Sale of McDavid Acura of Austin
Asbury exits non-core market with strategic sale to Umansky Automotive Group AUSTIN, Texas–(BUSINESS WIRE)–The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Asbury Automotive Group (NYSE: ABG) on the sale of McDavid Acura of Austin […]
Simply Supportive: Simplicity Car Care receives ‘Franchisees’ Choice Designation’ from CFA
Toronto, Ontario — The Canadian Franchise Association (CFA) bestowed Simplicity Car Care its Franchisees’ Choice Designation at its recent awards gala, recognizing the quality of service the collision repair banner offers to its franchisees. This impressive achievement comes as a result of a survey that asked Simplicity franchisees to assess their company’s leadership, business planning […]
Tech Teachings: One week out from Skills Canada Automotive Technology Summit
Winnipeg, Manitoba — The Skills Canada Automotive Technology Summit is officially only one week out and stakeholders from across the collision industry are gearing up for what is expected to be a truly insightful day of discussion and education. The rapid-fire summit, lasting only two hours, is set to feature bite-sized talks from the director […]
Fixing for a Fiesta: IBIS Latin America 2023 set for July 13, running alongside Automechanika Mexico
Mexico City, Mexico — IBIS Latin America is making its triumphant return to Mexico City this year, again running in conjunction with INA PAACE Automechanika Mexico, according to a Wednesday afternoon update from organizers. “We are delighted to be returning to Mexico City for our 2023 event,” said IBIS Worldwide CEO Jason Moseley. “After the […]
