Tag Archives: automotive

Nikola Is Truckin’

You’re always hearing about Tesla. Here’s Nikola getting some recognition. Nikola Motors, the electric truck startup, announced it has hired Jesse Schneider as vice president of hydrogen and fuel cell technologies. Considered an expert in the field of fuel cells, Schneider is an automotive industry veteran who spent most of his career working for BMW and Mercedes-Benz. […]

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M&A: Metal & Automotive

AZZ, Bosch, and Terzo round out an M&A update AZZ wins bid for Lectrus assets, including facility in Chattanooga. Fort Worth-based AZZ Inc., the metal coatings services company with over 70 years of industry experience, announced March 23 that it has completed the purchase of certain assets of Lectrus Corporation, according to a joint press release. The Chattanooga, […]

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From Model T to EV

Ford makes $11B commitment to electric market The automaker synonymous with the assembly line can now be added to the list of those committing to a much different vehicle for the future. Ford Motor Co. president of global markets Jim Farley announced at the Detroit auto show the company plans to invest $11 billion in […]

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Tempels of Zoom

Company known for its steel moving into German EV market Tempel, the Chicago-based producer of electric steel laminations for motors, generators and transformers, announced July 7 the opening of a new office for sales, strategic planning and engineering in Bietigheim-Bissingen, Germany. The new office opens with the intention of giving Tempel a platform to explore its […]

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Volvo Going Electric

Swedish automaker announces all-electric line for 2019 Volvo announced Wednesday it plans to reinvent its product portfolio by centering its vehicles around the electric motor. The Swedish automaker famous for safe cars also offered insight on the future of the auto industry—and made press releases more interesting to read in the process. The opinion-infused release […]

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