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Stay informed with the latest Automotive news in our newsroom. From electric vehicle advancements and autonomous driving technology to manufacturing trends and mobility solutions, we provide key insights to keep you connected to the future of transportation.


Latest Press Releases

Automotive Natural Gas Vehicle Industry Growth Accelerates to USD 31.06 Billion by 2035 with a 7.1% CAGR | Future Market Insights, Inc.
AutomotiveCompany Update

Automotive Natural Gas Vehicle Industry Growth Accelerates to USD 31.06 Billion by 2035 with a 7.1% CAGR | Future Market Insights, Inc.

January 9, 2025 3:00 AM

The automotive natural gas vehicle industry is projected to achieve a valuation of USD 15.64 billion by 2025. It is expected to grow at a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2025 to 2035, reaching an estimated market value of USD 31.06 billion by 2035. The global automotive natural gas vehicle industry is witnessing significant growth as the automotive industry pivots towards sustainable and cost-efficient...

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Gausscode Unveils Passionate, High-Value Innovations at CES 2025 for the Automotive Industry
AutomotiveConferences

Gausscode Unveils Passionate, High-Value Innovations at CES 2025 for the Automotive Industry

January 8, 2025 1:00 PM

From January 6th to 10th, at the International Consumer Electronics Show (CES) 2025, Gausscode showcased a series of digital intelligence products and solutions for the automotive industry, powered by Generative Artificial Intelligence (GenAI). The highlights of this exhibition included CADI (Consumer Automotive Dialogue Intelligence), the GenAI Badge System (CALO S3), and the Leads Scoring Engine (CALO S2) - a suite of data-driven intelligent...

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NAFA Announces Opening of Media Day Applications for 2025 Institute & Expo
AutomotiveCompany Update

NAFA Announces Opening of Media Day Applications for 2025 Institute & Expo

January 8, 2025 10:30 AM

NAFA Fleet Management Association (NAFA), the vehicle fleet industry's largest membership association, is pleased to announce its Media Day event will return for a third year at the upcoming NAFA 2025 Institute & Expo (I&E), the industry's largest gathering of fleet and mobility professionals. This year's conference will take place April 28-30, 2025 in Long Beach, CA. Media Day will take place on Monday, April 28, 2025, at 2:30 p.m. The...

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Car Garage Expert Launches Comprehensive Automotive Services in Dubai
AutomotiveCompany Update

Car Garage Expert Launches Comprehensive Automotive Services in Dubai

January 6, 2025 12:00 PM

Car Garage Expert, a leading name in automotive services, has announced the launch of its fully integrated car repair and roadside assistance solutions in Dubai. With a mission to redefine convenience and reliability for motorists, the company is set to become a trusted partner for vehicle maintenance and emergency support. The newly launched services include a state-of-the-art car garage near me offering expert diagnostics, repairs, and routine...

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New Milestone: CarUX Puts Forth Novel Model for Smart Cockpit
AutomotiveCompany Update

New Milestone: CarUX Puts Forth Novel Model for Smart Cockpit

January 4, 2025 6:55 AM

CarUX Technology Pte. Ltd., with the direction "More than Display, and Far Beyond," will showcase new vision solutions for automotive products based on her strategy, Harmonious User Experience "HUE", from January 7 th to 9 th in Las Vegas, USA. CarUX keeps providing the differentiation elements and the freedom of stylish design, by bridging the technology to the automotive standards. The exhibition includes the first OLED solution of CarUX. ...

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VinFast VF 8 Demonstrates the Upstart Carmaker's Ambition to Succeed
AutomotiveCompany Update

VinFast VF 8 Demonstrates the Upstart Carmaker's Ambition to Succeed

December 27, 2024 9:30 AM

Inside VinFast's Haiphong factory, the VF 8 and other vehicles in their comprehensive EV lineup embody the company's pioneering vision. Recognized for its innovation and speed to market, VinFast secured a spot on TIME's 2024 list of influential companies. As VinFast expands globally, its vehicles demonstrate advanced engineering and a commitment to sustainability. Among these, the VF 8 emerges as a flagship model, offering a glimpse into a...

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Elektros Highlights Total Addressable Market of $14.3B Across Key Off-Grid Energy Storage Segments
AutomotiveCompany Update

Elektros Highlights Total Addressable Market of $14.3B Across Key Off-Grid Energy Storage Segments

December 27, 2024 8:00 AM

Elektros (OTC PINK:ELEK), a leader in electric mobility and lithium mining, highlights total addressable market for off-grid energy storage demand for US, and South Florida region. Emergency Response Infrastructure Mobile command centers and temporary medical facilities. 35% CAGR, projected revenue of $1.8B by 2025. Average unit needs 50-75 kWh storage, consuming 35-55 kg LCE. Annual demand: ~6,000 metric tons LCE. Telecommunications...

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The Green Ecosystem Surrounding VinFast's EV Fleet: Fueling Asia's Inevitable Electric Future
AutomotiveCompany Update

The Green Ecosystem Surrounding VinFast's EV Fleet: Fueling Asia's Inevitable Electric Future

December 27, 2024 3:05 AM

Driven by the vision of widespread electrification, VinFast is dedicated to making electric vehicles accessible to everyone. To achieve this, the company is actively building a robust green ecosystem across Asia while simultaneously enhancing its sustainable manufacturing processes to meet the surging and undeniable demand for electric mobility. Asia's booming industries and growing population have made it a major player in the global energy...

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A Year of Growth for VinFast: Navigating the Storm, Seizing Opportunity
AutomotiveCompany Update

A Year of Growth for VinFast: Navigating the Storm, Seizing Opportunity

December 26, 2024 7:00 AM

While the EV industry is entering a period of sustainable but somewhat slower growth, VinFast's long-term commitment to pure electric vehicles and the support of its parent company, Vingroup, give it a unique advantage. With a long-term vision for green mobility, VinFast has leveraged the industry slowdown to strategically expand its presence and build strong growth momentum. This year, VinFast has successfully executed this strategy:...

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DeepWay Completed 750 Million RMB Series B Financing to Accelerate the R&D of Intelligent New Energy Heavy Trucks
AutomotiveCompany Update

DeepWay Completed 750 Million RMB Series B Financing to Accelerate the R&D of Intelligent New Energy Heavy Trucks

December 26, 2024 4:40 AM

On December 26th, DeepWay announced the successful completion of its Series B financing, raising a total of 750 million RMB. This round was co-led by ZHONGAN Capital and Puhua Capital, with additional investment from existing investor CCB Trust. Other investors inthis round include CGTI Fund, Hefei Industry Investment Capital and Feixi Industry Investment Holdings Ltd, collectively providing strong momentum for DeepWay's growth. The funds raised...

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TurboPass Announces the Winners of the 2024 Dealer of the Year Awards
AutomotiveAwards

TurboPass Announces the Winners of the 2024 Dealer of the Year Awards

December 19, 2024 6:00 PM

TurboPass, the leader in instant verifications for the auto finance industry, proudly announces the winners of the 2024 Dealer of the Year Awards. These annual awards honor dealerships and dealer groups nationwide for their commitment to operational excellence, fraud prevention, and exceptional customer service through the innovative use of TurboPass. Toyota of Hollywood has been named the National Dealer of the Year, reflecting their...

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Elektros to Advance Grid-Scale Battery Storage with AI Technology and Strategic Lithium Supply
AutomotiveCompany Update

Elektros to Advance Grid-Scale Battery Storage with AI Technology and Strategic Lithium Supply

December 17, 2024 10:30 AM

Elektros (OTC PINK:ELEK), a leader in electric mobility and lithium mining, announced its strategic initiative to revolutionize grid-scale battery storage through advanced AI-driven predictive algorithms, and lithium supply management. The United States currently maintains 20.7 gigawatts of battery energy storage capacity as of July 2024. The Company looks to position itself as a vertically integrated solution provider by leveraging its own...

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Oiwa Garage Dominates US Market for Honda Acty Components: Expanded Inventory, Faster Shipping, and Expert Guidance for Honda Acty & Honda Acty Truck Enthusiasts
AutomotiveCompany Update

Oiwa Garage Dominates US Market for Honda Acty Components: Expanded Inventory, Faster Shipping, and Expert Guidance for Honda Acty & Honda Acty Truck Enthusiasts

December 17, 2024 9:00 AM

Oiwa Garage, the leading U.S. supplier and distributor of Honda Acty Components, proudly unveils a major expansion of its inventory, reinforcing its reputation as the go-to authority for Honda Acty and Honda Acty Truck owners. Oiwa Garage continues to drive the standard for authenticity, expert insights, and speedy order fulfillment. Oiwagarage.co Customized Honda Acty 1995 Honda Acty Truck with custom red exterior and Hella fog lights parked on...

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The Impact of Electric Vehicle Sales on Automotive In-Wheel Motors Market Growth is Expected to Grow at a 19.5% CAGR by 2033 | Future Market Insights, Inc.
AutomotiveCompany Update

The Impact of Electric Vehicle Sales on Automotive In-Wheel Motors Market Growth is Expected to Grow at a 19.5% CAGR by 2033 | Future Market Insights, Inc.

December 17, 2024 8:00 AM

According to Future Market Insights (FMI), the automotive in-wheel motors market is projected to reach approximately USD 2.93 billion by the close of 2023, up from an estimated USD 2.127 billion at the end of 2022. This market is anticipated to expand at a CAGR of 19.5% between 2023 and 2033, ultimately achieving a valuation of USD 17.457 billion. The growth of the automotive in-wheel motors market is fueled by the pursuit of better performance,...

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Lionspeed GP Ready to Roar Into the 2025 Season Announcing New Partnership and Ambitious Goals!
AutomotivePartnerships

Lionspeed GP Ready to Roar Into the 2025 Season Announcing New Partnership and Ambitious Goals!

December 12, 2024 1:00 PM

Lionspeed GP is looking towards its 2025 GT racing season with ambitious goals, an enhanced racecar portfolio, and a new and exciting landmark partnership. Known for its resilient determination and a relentless strive for success, the team is gearing up to make a significant mark across the globe's most challenging circuits. In a milestone moment, Lionspeed GP is proud to welcome Potentia Inc. as a long-term committed partner. This collaboration...

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United Chargers Launches First-in-Industry Multi-App Capability for Its Popular Grizzl-E EV Charging Stations With Epic Charging
AutomotivePartnerships

United Chargers Launches First-in-Industry Multi-App Capability for Its Popular Grizzl-E EV Charging Stations With Epic Charging

December 12, 2024 11:00 AM

Today, United Chargers Inc., a leading EV Charger manufacturer known for the Grizzl-E line of products, announces an industry-first Residential EV Charging integration that will transform home EV Charging. The entire new-generation lineup of Wi-Fi-Connected Grizzl-E EV Chargers, including Grizzl-E Ultimate 48A, Grizzl-E Ultimate 80A, and Grizzl-E Mini Connect, is now multi-app capable. In conjunction with Epic Charging, Grizzl-E is now giving...

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NAFA Introduces New Benefit for I&E 2025 Fleet Manager Attendees: Enhanced Access to ACT Expo
AutomotiveCompany Update

NAFA Introduces New Benefit for I&E 2025 Fleet Manager Attendees: Enhanced Access to ACT Expo

December 12, 2024 10:40 AM

EDISON, NJ / ACCESSWIRE / December 12, 2024 / NAFA Fleet Management Association (NAFA) is excited to announce a new benefit for Fleet Manager Attendees of the 2025 Institute & Expo (I&E). In a strategic collaboration with the Advanced Clean Transportation (ACT) Expo, I&E Fleet Manager Attendees will now have the opportunity to visit ACT Expo on Thursday, May 1, 2025, as part of their I&E registration. This collaboration offers I&E Fleet Manager...

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Join Phoenix Motor’s Exclusive Live Investor Webinar and Q&A Session on January 21
AutomotiveCompany Update

Join Phoenix Motor’s Exclusive Live Investor Webinar and Q&A Session on January 21

December 12, 2024 6:30 AM

Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on January 21, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor's CEO, Denton Peng. Attendees will gain insight into Phoenix Motor's position as a leader in zero-emission, all-electric commercial...

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V-GREEN and Prime Group sign MOU to develop 100,000 VinFast EV charging stations in Indonesia
AutomotiveCompany Update

V-GREEN and Prime Group sign MOU to develop 100,000 VinFast EV charging stations in Indonesia

December 11, 2024 5:30 AM

V-GREEN and Prime Group, a diversified conglomerate, through its UAE subsidiary, have signed a Memorandum of Understanding (MoU) to develop a network of charging stations for VinFast electric vehicles in Indonesia. This MoU does not only signify a major step forward for V-GREEN in its global mission to expand the VinFast EV charging infrastructure, but also underscores the confidence of prominent international companies in V-GREEN and VinFast's...

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Envirotech Vehicles, Inc. (NASDAQ: EVTV) Announces Use By Central Art & Engineering In New Jersey
AutomotiveCompany Update

Envirotech Vehicles, Inc. (NASDAQ: EVTV) Announces Use By Central Art & Engineering In New Jersey

December 10, 2024 6:05 PM

Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced an Envirotech logistics van is in use by New Jersey based Central Art & Engineering, Inc. Central Art & Engineering uses the Envirotech logistics van for the pick-up and delivery of jobs and raw materials. A custom plastics fabricator, the company is deeply committed to the quality and reliability of their customer service. Central Art & Engineering also gains from cost savings and...

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