Category: Automotive (Page 1 of 4)

Garmin collaborates with Kawasaki on RIDGE side x sides

January 28, 2024 / WIL BALDWIN

Olathe, Kansa, January, 2024, PR Newswire – Garmin (NYSE: GRMN) announced today that it has been selected by Kawasaki Motors Corp., U.S.A., to provide a customized, factory-installed solution for the center console of the all-new 2024 Kawasaki RIDGE^®Limited side x sides. Incorporating Garmin technology seen in the popular Tread^® navigator series, this display will help guide the adventure by providing seamless navigation and vehicle systems information, such as engine data, alerts, rider settings and more. The device is also built to withstand the rigors of an off-road adventure.

Designed to elevate the off-road experience for powersports enthusiasts, the new Kawasaki RIDGE side x side is engineered with premium components and luxurious cabin features, promising unparalleled comfort and versatility for riders navigating rugged trails, as well as those undertaking essential tasks on their properties.

The display units feature a glove-friendly, 8” ultrabright display with turn-by-turn trail navigation¹ that includes OpenStreetMap (OSM) and USFS Motor Vehicle Use Maps for traversing unpaved roads and trails. It comes preloaded with topographic maps, U.S. public and private landowner information and satellite Imagery. Adventure-seekers can also track and keep in touch with friends on the trail through Group Ride Radio features. The integrated displays also provide vehicle information such as RPM, engine temperature, battery voltage, CVT temperature and more.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Maersk & Kodiak Robotics launch commercial autonomous trucking lane between Houston and Oklahoma City

October 6, 2023 / WIL BALDWIN

Florham Park, New Jersey/Mountain View, California — A.P. Moller – Maersk AS (OTC: AMKBY) and Kodiak Robotics, Inc., have launched the first commercial autonomous trucking lane between Houston and Oklahoma City. The freight lane marks an expansion of the collaboration between Kodiak and Maersk, which began with their first autonomous freight deliveries together in November 2022 as part of Maersk’s Global Innovation Center Program. Kodiak has been delivering eight loads per week, with a safety driver behind the wheel, for Maersk customers since August.

Kodiak and Maersk are completing four round trips per week on a 24-hour-a-day, four-day-a-week basis between a Houston facility, where consumer products are loaded onto 53-foot trailers, to a distribution center in Oklahoma City. Operational learnings gained from the activity are captured and documented as part of the Kodiak Partner Deployment Program, which is designed to help companies learn how Kodiak’s self-driving trucks can become an integral part of their overall logistics strategy and offerings.

Autonomous trucking solutions have the potential to address long-term challenges faced by the trucking industry. According to the American Trucking Association, the trucking industry faces a shortage of roughly 78,000 drivers. The ATA estimates that, based on current driver demographic trends, as well as projected growth in freight demand, the shortage could swell to more than 160,000 over the next decade.

Safety continues to be a perennial challenge for the trucking industry as well. U.S. National Highway Traffic Safety Administration (NHTSA) research also estimates that 94% of crashes occur due to human error. For Kodiak, safety and performance are foundational to its autonomous trucking solution. Each vehicle is equipped with 18 different sensors, including cameras, radar, and lidar, that provide the platform with a 360-degree view around the truck. Every tenth of a second, the truck evaluates the performance of more than 1,000 safety-critical processes and components in both the self-driving stack and the underlying truck platform. The trucks learn in parallel, with system upgrades shared to the entire fleet simultaneously, and are not subject to environmental distractions.

A.P. Moller–Maersk to strengthen distribution network in India with more than 500 Electric Vehicles

August 23, 2023 / WIL BALDWIN

Mumbai, India – A.P. Moller – Maersk (OTC: AMKBY) has the ambition to be Net Zero across business and provide customers with 100% green solutions by 2040. To achieve this goal, there is a strong need to decarbonise logistics at every stage. It is important not only for Maersk to achieve these sustainability goals but for the customers too, who are demanding environmentally friendly solutions that would decarbonise their supply chains.

In September 2022, Maersk unveiled its three-wheeler and four-wheeler EV’s in Mumbai, India and soon rolled them out for its first customer in the NCR region. Since then, the awareness around EV’s that can support distribution logistics in India has risen, and with that has come an unprecedented demand from several customers.

Maersk has recently tied up with a large e-Commerce platform in India to support its distribution requirements with a dedicated fleet of EV’s that range in the capacity of 550 to 700 Kgs with a driving range of over 120 km. Over 200+ vehicles have already been deployed across 15 cities, and more than 300 EV’s.

So far, Maersk’s EV fleet has covered more than 135,000 km. Maersk is also investing in creating a charging network for its fleet of EV’s, including the option to harness solar energy at its own facilities for warehouses across the country.

Volvo Cars Q2 results shows transformation proceeding full speed ahead

July 20, 2023 / WIL BALDWIN

Volvo Cars (OTC: VLVLY) today reports a 39 per cent increase in operating profits, excluding joint ventures and associates, to SEK 6.4 bn and a corresponding EBIT margin of 6.3 per cent for the second quarter of 2023. The result came despite a SEK 0.9 bn, non-recurring item related to the redundancy programme announced in May, part of securing a more efficient and sustainable cost base for the future. Without this item, the underlying EBIT margin, excluding joint ventures and associates, was 7.2 per cent in the second quarter. This illustrates that the solid underlying performance momentum from the first three months of the year continued during this past quarter.

Click the link below to read the entire press release!

https://www.media.volvocars.com/global/en-gb/media/pressreleases/316863/volvo-cars-q2-results-full-speed-ahead-in-transformation-with-a-solid-business-performance

Ford Announces Ranger Splash is Back! Classic Name Re-Imagined in New Package

September 1, 2021 / WIL BALDWIN

DEARBORN, Michigan, September 1, 2021 – Ford (NYSE: F) Ranger fans, the Splash is back. The much-loved special appearance package from the 1990’s is making a comeback, reimagined for today and starting with the 2022 Ford Ranger Splash Package.

Splash will come in two styles, the Splash Package and Splash Limited Edition. The Splash Package will be available all model year and comes with body-side orange and black graphics and special 18-inch 12-spoke wheels finished in matte black. Ranger Splash includes orange grille nostrils, plus gloss black accents on the grille, bumpers, rearview mirror caps, wheel lip moldings and fender vents. The interior features exclusive seats with orange contrast stitching and unique carbon grain with tuxedo stripes – leather-trimmed in Lariat. Orange contrast stitching also appears on the steering wheel, gear shifter and parking brake boot. Lariat models get orange accent stitching on front and rear armrests and on the dash top.

The Splash Package can be combined with the FX2 or FX4 Package to add more off-road capability to its distinctive looks.

Ford will also bring a fresh dash of color by revealing Splash Limited Edition trucks every few months in a series of one-time-only hues with just a few hundred vehicles available. It also features 18-inch matte black wheels and a unique combination of exterior and interior content and finishes. The Splash – Snow Edition kicks off the first batch.

Ranger Splash Package will be available for SuperCrew models optioned in XLT and Lariat trim series, priced at $1,495 with deliveries starting at the end of the year. Ranger is proudly built at Michigan Assembly Plant in Wayne, Michigan.

Tesla Wants to Become an Electricity Retailer

August 30, 2021 / WIL BALDWIN

Story By RAKESH SHARMA

Last week, Tesla Energy Ventures, a new subsidiary of electric car maker Tesla Inc. (Nasdaq: TSLA), filed an application to become a retail electricity provider in the state of Texas. According to reports, the company plans to sell electricity drawn from the grid to customers and from its battery storage products. Its grid transaction software may also enable customers for its solar panels to sell excess electricity back to the grid.

Click the link to read the full story! https://www.investopedia.com/tesla-tsla-wants-to-become-an-electricity-retailer-5199391?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral

New Special Edition Appearance Package Brings Throwback Style to Mustang Family

August 19, 2021 / WIL BALDWIN

DEARBORN, Mich., Aug. 19, 2021 – Today in celebration of the Woodward Dream Cruise, Ford Motor Company (NYSE: F) is taking a page out of its Mustang history book with the introduction of the new Mustang Ice White Edition Appearance Package for both Mustang coupe and Mustang Mach-E. This marks the first time in 28 years Ford is offering a white-on-white Mustang and the first time ever for the coupe.

“Mustang has always had the power to attract attention on the road, but the new Mustang Ice White Edition could – just like the original ’93 Triple White Fox body feature Mustang – become one of the hot collectibles of future generations,” said Jim Owens, Mustang brand marketing manager. “We are proud to continue a longstanding Mustang tradition of continuously offering fresh, new styling options for customers to empower them to make their Mustang an extension of who they are.”

The package is the first to be offered to both Mustang Mach-E and Mustang coupe customers.

Ice White Edition Mustang Mach-E

The 2021 Car and Driver EV of the Year, North American SUV of the Year and one of the hottest all-electric SUVs on the market will exclusively offer the new Mustang Ice White Edition Appearance Package on Mustang Mach-E Premium models.

Star White Metallic Tri-Coat paint includes unique Star White mirror caps and wheel lip moldings to ice-out the exterior. Front and center on the grille is an Oxford White pony badge, which also appears between the tri-bar taillamps. The package adds unique 19-inch machined-face aluminum wheels with Oxford White-painted pockets.

Light Space Gray sets the cabin stage, appearing on the seats, center console and door-panel armrests. A Bright Silver hex-patterned instrument panel plus an Oxford White pony badge on the steering wheel add chill to the interior environment.

Orders for the 2022 Mustang Mach-E Ice White Edition open in the fall. The vehicle will be in showrooms early next year.

Ice White Edition Mustang Coupe

Reminiscent of the 1993 Triple White Fox body feature Mustang, the 2022 Mustang coupe Ice White Edition gives customers the option to add even more head-turning style to the world’s best-selling sports car¹. Ford made just 1,500 Triple White Fox body feature Mustangs – all convertibles.

Available on Mustang EcoBoost^® and GT Premium fastback models, the Mustang Ice White Edition comes lacquered exclusively in Oxford White and features unique iced-out taillamps, plus heritage-inspired 19×9-inch wheels in matching Oxford White with machine-surfaced pockets. Just like on the Ice White Edition Mustang Mach-E, the Ice White Mustang coupe comes with Oxford White pony badges and fender badging.

The black and white interior features Oxford White leather seat inserts front and rear, plus Oxford White leather door panels. An aluminum appliqué on the dash and white accent stitching on the center console, door panels, shifter boot, headrests and more add to the cool cabin environment.

Ice White Edition Appearance Package-equipped Mustang EcoBoost and Mustang GT Premium coupes arrive at dealers in early 2022.

BAE Systems to Deliver First Zero Emission Public Buses in Vancouver, Canada

March 6, 2021 / WIL BALDWIN

Fifteen public buses in Vancouver, Canada, will be fitted with BAE Systems’ (London: BA.L) all-electric propulsion system, allowing them to run free of emissions. The fleet is the first in North America to benefit from the next-generation Series-EV zero emission technology.

Series-EV eliminates the need for traditional combustion engines through the use of electric motors, controls, and batteries, creating a clean and efficient mode of transportation. The latest version of BAE Systems’ technology uses fewer, lighter, and more compact components. Its light weight, reduced number of connections, and use of advanced materials make it easy to install and extremely efficient, enabling the buses to travel longer distances on a single charge.

“The deployment of clean transportation in our cities is critical to reach a zero emission future,” said Steve Trichka, vice president and general manager of Power & Propulsion Solutions at BAE Systems. “Our Series-EV system will help Vancouver take a major step towards full electrification of its bus fleet, and will help to improve air quality throughout the city.”

BAE Systems’ Series-EV system builds on more than 25 years of innovation and proven technology that powers buses around the world. The company’s all-electric systems are on buses in service throughout Europe, including cities such as London and Paris.

BAE Systems has more than 13,000 propulsion systems in service on transit buses around the globe. Each year those systems contribute to a cleaner world by saving more than 28 million gallons of fuel and eliminating 313,000 tons of carbon dioxide each year across the globe – the equivalent of taking 54,000 cars off the road or planting four million trees.

BAE Systems develops and services its technology at its facilities in Endicott, New York, and Rochester, UK.

Britta Seeger, Mitglied des Vorstandes der Daimler AG, verantwortlich für Mercedes-Benz Cars Vertrieb & Marketing // Britta Seeger, member of the Board of Management of Daimler AG responsible for Mercedes-Benz Cars Sales & Marketing

Lufthansa Supervisory Board Nominates Britta Seeger, Extends Detlef Kayser

March 3, 2021 / WIL BALDWIN

Stephan Sturm will resign from the Supervisory Board of Deutsche Lufthansa AG (XETRA: LHA.DE), which will go into effect after the Annual General Meeting on May 4, 2021. The Chairman of the Executive Board of Fresenius has been a member of the Lufthansa Supervisory Board since April 2015 and has chaired the Audit Committee since January 2018.

The Supervisory Board Nomination Committee has proposed that Britta Seeger fill the vacancy. The 51-year-old business economist has been a member of the Board of Management of Daimler AG (XETRA: DAI.DE) since 2017 and is responsible for Mercedes-Benz Cars Sales. The Bonn-born manager will be nominated for election at the Annual General Meeting on May 4.

The responsibility as Chairman of the Audit Committee, which is currently held by Stephan Sturm, will be transferred to Harald Krüger at the Annual General Meeting, according to the will of the Supervisory Board.

At a meeting today, the Supervisory Board also decided to extend Detlef Kayser’s (55) contract ahead of schedule for three more years until December 31, 2024.

Dr. Detlef Kayser has been a member of the Executive Board of Deutsche Lufthansa AG since January 1, 2019. As “Chief Operations Officer” he is responsible for the operational processes and fleet and infrastructure management of the Lufthansa Group along with the Group-wide “ReNew” restructuring program.

CAF Group to Supply 50 Hydrogen Buses for Austria and The Netherlands

February 15, 2021 / WIL BALDWIN

Hydrogen Buses for Austria

Solaris, a subsidiary of the CAF Group, has entered into a framework agreement for the exclusive supply of as many as 182 buses which will provide service on Austrian roads. Specifically, the operator Österreichische Postbus AG chose Solaris as a prospective supplier for a total of up to 40 hydrogen buses and 142 diesel vehicles between 2021 and 2023.

On the one hand, Österreichische Postbus AG, Austria’s biggest and leading regional bus operator, is ordering as many as 40 Urbino 12 hydrogen buses – one of the most innovative vehicles in the Solaris range, which boasts very low noise levels, less vibration and, most importantly, zero emissions. And the other vehicles in the contract will be equipped with engines that meet the strict Euro 6 emission standards. Specifically, the framework contract will cover up to 45 Urbino 18 buses, up to 60 Urbino 12 buses, and up to 17 Urbino 8.9 LE buses.

Solaris has been operating in Austria since 2003 and has since delivered almost 400 buses to 40 different Austrian cities, including over 53 buses which are currently providing services in the country’s capital city, Vienna.

Hydrogen Buses for the Netherlands

Additionally, Solaris and the Dutch airline Arriva Netherlands have entered into a contract for the supply of 10 Solaris Urbino 12 hydrogen buses. As per the terms of the contract, these vehicles will be delivered later this year in the province of Gelderland, as the operator’s intention is to set them into service in December.

Gelderland, situated in central-eastern Holland, is the largest province in the country with a population of 2 million. At the end of last year, the Gelderland authorities announced their involvement in the JIVE2 programme (Joint Initiative for Hydrogen Vehicles across Europe), which is focused towards promoting emission-free public transport and increasing the number of hydrogen buses providing public transport via subsidies. The ten hydrogen- powered buses Solaris will supply will be used to replace existing diesel vehicles and are expected to provide more than 1 million kilometres of service each year.

The first Solaris buses were delivered in the Netherlands in 2017 and, since then, Solaris has supplied a significant volume of vehicles equipped with cutting-edge, environmentally- friendly transport solutions to the country’s different regions. Having said this, the Netherlands is not the only country where the CAF Group’s hydrogen buses have secured new customers as Solaris has received orders from Germany, Italy and Sweden since the Urbino 12 hydrogen model was launched in June last year.

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