Automotive

The Automotive Diagnostic Scan Tool Market Projected to Reach USD 78.1 Billion by 2034, with a CAGR of 7% | Future Market Insights, Inc.

October 31, 2024 10:00 PM

The automotive diagnostic scan tool market is projected to reach a valuation of USD 39.7 billion by the close of 2024, with robust growth forecasted at a 7% CAGR, potentially reaching USD 78.1 billion by 2034. This growth trajectory is fueled by technological advancements, evolving regulations, and shifts within the automotive sector, all contributing to substantial industry transformation. As the automotive landscape adapts to the rise of...

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Phoenix Motor Reports Record $12M Revenue for Second Quarter of 2024

October 31, 2024 4:30 PM

ANAHEIM, CA / ACCESSWIRE / October 31, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenue increased 937% to $12.03 million, up from $1.16 million in Q2 2023 Gross profit increased to $1.83 million, up...

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Envirotech (NASDAQ: EVTV) Acquires Maddox Industries to Propel U.S. Manufacturing and Electric Vehicle Initiatives

October 31, 2024 4:15 PM

OSCEOLA, AR / ACCESSWIRE / October 31, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced its acquisition of Maddox Industries, a distinguished provider of government contracting solutions based in Puerto Rico. This strategic partnership is set to enhance Envirotech's capabilities in U.S. manufacturing and logistics, delivering a multimillion-dollar revenue stream from government contracts over the next three years while creating...

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Batteries Plus Broadens Partnership for How-to Content with Multi-Year Deal

October 31, 2024 2:50 PM

CarCareKiosk, the leader in vehicle-specific instructional content and data, has announced a long-term partnership with Batteries Plus to utilize CarCareKiosk's proprietary Estimated Installation Times, Required Tools and How-to Videos. Batteries Plus will leverage CarCareKiosk's content and data into its ProSource Point of Service ("POS") system so store associates are able to quickly determine if a customer's battery is a candidate for...

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Introducing duPont REGISTRY Digital: A New Leader in Digital Marketing for the Luxury Automotive and Lifestyle Industry

October 31, 2024 11:00 AM

MIAMI, FL / ACCESSWIRE / October 31, 2024 / duPont REGISTRY Group (DRG), the trailblazer in the luxury and exotic automotive ecosystem, is proud to announce the launch of duPont REGISTRY Digital, a cutting-edge digital marketing agency tailored to the specific needs of the luxury automotive and lifestyle industries. With a unique blend of expertise in high-end marketing strategies and deep technical knowledge, duPont REGISTRY Digital is poised...

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Corsa Performance Unveils Cutting-Edge Exhaust System for Cadillac CT5V & CT4 Blackwing

October 31, 2024 10:00 AM

New System Elevates Performance and Sound for One of Cadillac's Most Powerful Sedans BEREA, OH / ACCESSWIRE / October 31, 2024 / Corsa Performance, a leader in high-performance exhaust systems, proudly announces the launch of its latest innovation: a high-performance exhaust system specifically designed for the Cadillac CT5V & CT4V Blackwing exhaust systems. This new product promises to elevate both the driving experience and the auditory...

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Elektros Launches Strategic Initiative to Develop AI Data Centers in South Florida

October 30, 2024 8:00 AM

Elektros (OTC PINK:ELEK), a leader in electric mobility, is set to transform South Florida's technology landscape with its new initiative to acquire real estate assets aimed at establishing advanced AI data centers. This strategic move leverages Elektros's existing lithium operations to create a comprehensive digital infrastructure paired with reliable energy backup solutions. As the demand for AI-driven data processing capabilities surges,...

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Luftgekühlt Celebrates a Thrilling Tenth Anniversary and Closes Out an Epic 2024!

October 29, 2024 10:15 AM

WESTLAKE VILLAGE, CA / ACCESSWIRE / October 29, 2024 / To celebrate ten years of the Luftgekühlt event series, focusing on the incredible air-cooled Porsche models and their rich history, the organizers ventured to realize their most ambitious plans to date and enjoyed tremendous success shared with tens of thousands of Porsche fans from around the world. For its tenth season, Luftgekühlt 10 returned to the site of its most memorable event to...

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Mooncool Unveils the Long-Awaited TK Pro E-Trike: A New Era in Long-Range Electric Trikes

October 29, 2024 10:15 AM

Mooncool, a leading name in e-trikes, has announced the launch of the Mooncool TK1 Pro, a powerful new electric trike designed to meet the demand for long-range, comfortable, and high-performance riding. With upgraded specifications and features, the TK Pro is set to revolutionize the e-trike experience, offering riders the blend of power, style, and durability that has become synonymous with Mooncool. Designed for Power, Built for Comfort The...

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Elektros Announces Florida Real Estate Strategy for AI Data Centers

October 29, 2024 8:00 AM

Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), a pioneering force in electric mobility, announced strategy to acquire real estate assets in South Florida to leverage its lithium operations to create comprehensive digital infrastructure and energy backup solutions. The planned acquisition aims to capitalize on South Florida's rapidly growing technology sector and increasing demand for AI-driven data processing capabilities. The...

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Join Phoenix Motor’s Exclusive Live Investor Webinar and Q&A Session on November 18

October 29, 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 November 18, 2024, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor's CEO, Denton Peng, CFO Michael Yung, and CCO Jose Paul. Attendees will gain insight into Phoenix Motor's position as a leader in...

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Celette Showcases Innovation and Efficiency at SEMA 2024

October 24, 2024 1:45 PM

Celette is proud to announce its presence at SEMA 2024, where innovation and efficiency will be on full display. Attendees are invited to visit booth 31115 in the South Upper Hall to discover how Celette is transforming the automotive industry by transitioning from heavy steel components to lighter, more environmentally sustainable aluminum and composites. For decades, the collision repair sector has relied on steel for repair bench and fixture...

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Enzo Mattioli Ferrari Invests in Cavallino Inc.

October 23, 2024 3:00 PM

Significant move strengthens the historic project, founded in 1978 and focused on the Ferrari legacy PALM BEACH, FL / ACCESSWIRE / October 23, 2024 / Enzo Mattioli Ferrari, a direct descendant of the legendary Enzo Ferrari and grandson of Piero Ferrari, is the CEO of Ferrari Family Investments and Trustee of the Piero Ferrari Trust. An entrepreneur with a strong commitment to enhancing Italian heritage and promoting ‘Made in Italy' products, Enzo...

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Rising Automotive Tech Adoption to Drive In-Vehicle Ethernet System Market to USD 9.4 Billion by 2033, with a CAGR of 14.6% | Future Market Insights, Inc.

October 23, 2024 12:00 PM

NEWARK, Del: The global In-Vehicle Ethernet System Market is expected to reach USD 9.4 billion by 2033, driven by the increasing adoption of innovative automotive technologies and the growing automation within the industry. According to FMI, the market is estimated to be worth USD 2.7 billion in 2023 and is projected to grow at a CAGR of 14.6% from 2023 to 2033. An in-vehicle Ethernet system enables data communication between various devices...

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Automotive Industry Veteran Amit Chandarana Tapped as Curbee's CEO to Expand Dealer Access to Mobile Service Solutions

October 22, 2024 8:30 AM

SAN FRANCISCO, CA / ACCESSWIRE / October 22, 2024 / Curbee, a mobile service technology platform for auto dealers, today announced the appointment of Amit Chandarana as its new Chief Executive Officer. With over 20 years of experience in the automotive industry, including in leadership roles at Toyota and Roadster, Chandarana joins Curbee to spearhead the continued development of the Curbee platform, ensuring dealerships around the world can...

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Autobrains Unveils Skills Product Line, Redefining Autonomous Driving With Scalable and Modular AI Solutions

October 22, 2024 7:45 AM

New Liquid AI-Powered Skills Solution Offers a Modular, Optimized for Edge Cases, and Affordable Alternative to Existing Autonomous Driving Approaches MUNICH, GERMANY and TEL AVIV, ISRAEL / ACCESSWIRE / October 22, 2024 / Autobrains, a leading innovator in automotive artificial intelligence (AI) and advanced driver assistance systems (ADAS), is proud to announce the launch of its groundbreaking product line, Skills, powered by its proprietary...

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Spiffy's Digital Servicing Platform Launches with Bozard Ford Lincoln

October 22, 2024 6:30 AM

Get Spiffy, Inc. (Spiffy®), the nation's largest provider of mobile automotive services, is proud to announce the integration of its Digital Servicing™ platform with Reynolds and Reynolds. This significant development enables dealerships nationwide to seamlessly connect Spiffy's innovative mobile service platform with Reynolds' dealership management system (DMS), streamlining mobile service operations. Alongside this announcement, Spiffy has...

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PowerBand Solutions Inc. Announces Name Change to AmeriTrust Financial Technologies Inc

October 21, 2024 5:10 PM

PowerBand Solutions Inc. (TSXV:PBX)(OTC PINK:PWWBF)(Frankfurt:1ZVA) ("PowerBand" or the "Company"), a fintech platform targeting auto finance and specializing in used vehicle lease originations for the automotive industry, is pleased to announce it will be changing its name (the "Name Change") to AmeriTrust Financial Technologies Inc. ("AmeriTrust"), as previously announced on October 2, 2024. The Name Change was approved by shareholders of the...

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Used E-Scooter Market to Reach USD 979.5 million by 2034, growing at 3.2% CAGR | Future Market Insights, Inc.

October 21, 2024 7:00 AM

According to a study by FMI, the used e-scooter market was valued at USD 714.8 million in 2024 and is projected to grow to USD 979.5 million by 2034, with a compound annual growth rate (CAGR) of 3.2%. The shift towards electric vehicles, driven by environmental concerns, technological advancements, and cost-effective fuel solutions, is boosting sales of used e-scooters in new regions. Key trends in the used e-scooter market include the expansion...

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Rev Up for the Red Box Restoration Grand Opening Party

October 18, 2024 4:00 PM

Where Art, Cars, and Fun Collide - Join Us for a Night of Unforgettable Experiences AUSTIN, TX / ACCESSWIRE / October 18, 2024 / Austin, buckle up for an epic night out. Red Box Restoration is throwing a Grand Opening event you won't want to miss, and it's all free. That's right - we're bringing together art, cars, food, and fun for a Saturday night packed with excitement. Why You Should Be There: Live Mural Magic: Watch the insanely talented...

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