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Electric BMWs Power Homes, Grids
Sign up for our popular daily email to catch all the latest EV news! BMW’s Neue Klasse models, set for a 2025 release, are not just electric vehicles (EVs); they represent a significant step forward in automotive technology. Equipped with bidirectional charging, these vehicles can store electricity and even function as mobile power outlets. This…
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Ford donates 2024 Mustang GT to Northern Westmoreland Career & Technology Center
A new 2024 Ford Mustang GT will be a powerful learning tool, and maybe also a powerful recruiting tool, at Northern Westmoreland Career & Technology Center in New Kensington. The vapor-blue metallic sports car was one of more than 100 Mustangs damaged by flooding while in storage outside a plant in Chicago, said Robert Young,…
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Automotive FinTech Innovator NX Technologies rakes in $24m
NX Technologies, an automative payments firm, has secured approximately $24m in a recent Series B investment. According to PYMNTS, this impressive round was spearheaded by PayPal Ventures, marking a major vote of confidence in NX Technologies’ vision and capabilities. The company, headquartered in Germany, is at the forefront of transforming automotive payments through its cutting-edge…
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DigiKey Forecasts Important Automotive Trends for 2024
With so much change and turmoil in the automotive industry, it can be hard to guess what will happen next. Electronic component supplier DigiKey is well-positioned to spot industry trends based on what its customers are ordering, so Design News put in a call to DigiKey technical content developer Nick Westra to get his predictions…
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Texas State Technical College looks to meet automotive technician needs with expansion
Texas State Technical College will offer more automotive classes when its new center opens in fall 2025. In a nutshell TSTC broke ground on a roughly $54 million expansion in late November to bring the 80-acre Transportation Center of Excellence to its Rosenberg campus, college officials said. The college offers technical career training to the…
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REE Automotive Announces Date for Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call
TEL AVIV, Isreal, March 22, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, will release its fourth quarter and fiscal year 2023 financial results before market open on Wednesday, March 27, 2024. A webcast and conference call…
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Corning CC partners with Subaru for new Automotive program
HORSEHEADS, N.Y. (WETM) – Vehicle mechanics make good money these days because they have to be computer literate and know engines. Now free classes are being offered at Corning Community College where students who want to learn to be auto mechanics can learn about today’s high tech vehicles. “Somebody has to fix cars. Everybody drives.”…
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Inside the Republican Attacks on Electric Vehicles
The electric vehicle, a breakthrough achievement in automotive technology, has driven into this year’s presidential election, inflaming partisan fights that have come to define much of American culture. One reason is that President Biden has made electric vehicles central to his strategy to combat climate change. This week, his administration announced the most ambitious climate…
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CCC and Subaru University partnering for automotive tech program
“We’re seeing computers, networking, hybrid vehicles, EV vehicles, fuel injection, technology is more complex and the computers are extremely fast compared to what they used to be. We’re talking milliseconds and microseconds data speeds, which is crazy. And you have to have the skills to actually work with it,” said CCC’s Director of Automotive Trades…
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Tinius Olsen Helps Drive Automotive Sustainability Through Hydrogen Fuel Cell Technology
Tinius Olsen Helps Drive Automotive Sustainability Through Hydrogen Fuel Cell Technology. The race to meet net zero is hotting up as the development of alternatives to battery power start to come online. Tinius Olsen is currently supporting one of them alongside the UK’s leading developer of hydrogen fuel cell technology, Intelligent Energy. Prime Minister Rishi…