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DRI opens K&C test facility in California
North America’s first independent kinematics and compliance (K&C) test facility has been opened by independent test consultancy Dynamic Research Inc (DRI) at its California proving ground. At the center of the operation is the suspension parameter measurement machine (SPMM) test machine, manufactured by sister company AB Dynamics. The facility has been purpose-built for the testing and development of vehicles and will be used by OEMs, suppliers and motorsport teams…
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Battery maker echoes Elon Musk warning ‘higher for longer’ rates to hit EV sales
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares of LG Energy Solution dropped to a year-low on Wednesday after the South Korean battery producer echoed Tesla chief Elon Musk and warned electric vehicle sales were expected to slow as a result of…
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New SA lead at automotive technology company – KZN Industrial & Business News
A LEADING international development partner and supplier to the automotive industry, Mahle has appointed a new managing director at its South African operation. After 28 years with the company, five of which were as managing director, Alex Holmes has left Mahle SA and Jürgen Wolf has stepped into the position from October 23. A wealth…
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Smart cockpit enables closer ties between automotive makers, suppliers
Cars have been transformed into the third living space with smart cockpit technology development. As more display panels are used in a cabin, data privacy, and driver safety have become critical issues that carmakers and suppliers are concerned about… The premium content you are trying to open requires News database subscription. Please sign in if…
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REE Automotive Initial Order Book Value Jumps to Approximately $40 Million
• Company’s initial order book value doubles since late August 2023 • Midwest Transit Equipment joins REE’s Authorized Dealer Network and places binding order • Deliveries to Midwest Transit Equipment are planned to begin in Q1 2024 TEL AVIV, Israel, Oct. 25, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company…
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Electrification and Millennial Preferences Drive Hands-Free Power Liftgate Market, Predicted to Reach $1.9 Billion by 2028
Dublin, Oct. 25, 2023 (GLOBE NEWSWIRE) — The “Hands-Free Power Liftgate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering. The global hands-free power liftgate market has demonstrated remarkable growth, reaching a size of US$ 1.3 Billion in 2022. Projections from industry experts indicate continued expansion,…
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Bangor automotive instructor earns Maine educator lifetime achievement award
BANGOR, Maine (WABI) – United Technologies Center in Bangor is celebrating one of its instructors and his recent major accomplishment. Paul “Butch” Jones started working on cars back when he purchased his first. “[It was a] ‘64 mustang convertible,” Jones explained. “It was pretty rough, though. Paid 300 bucks for it. Spent all summer fixing…
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UPS opened a $22 million, 172,500 SF facility in Skokie
UPS, the parcel delivery company, opened a 172,500-square-foot processing facility in Skokie in late September, which a spokesperson said would facilitate package deliveries during the holiday season. The $22 million package center, located on Austin Avenue, is able to process up to 12,000 packages an hour. UPS spokesperson Karen Tomaszewski Hill said the facility also…
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Blue Hills Regional Technical School Hosts Second Successful Reverse Career Fair
For immediate release CANTON — Superintendent Jill Rossetti and Co-op Coordinator Kimberly Poliseno are pleased to share that Blue Hills Regional Technical School hosted its second successful “reverse” career fair this week. The “reverse” career fair was held on Monday, Oct. 23 during regular school hours. During the event, more than 40 professionals from 24…
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Texas Instruments forecasts fourth-quarter below estimates
Oct 24 (Reuters) – Texas Instruments (TXN.O) on Tuesday forecast fourth-quarter revenue and profit below estimates, as the analog chipmaker was forced to slash some production after demand across its key industrial market worsened. Shares of the Dallas, Texas-based company fell 4.5% in trading after the bell. Sales from the industrial market – Texas Instruments’…