BROOKLYN, N.Y. , Sept. 23, 2022 /PRNewswire/ -- HEVO was named 2022 Automotive News PACEpilot Innovation to Watch at the PACE awards ceremony held in Detroit, MI , on September 19 . The recognition acknowledges transformative post-pilot, early commercialization-phase innovations in the automotive and future mobility space.
HEVO was recognized for its Rezonant E8 wireless EV charging system and Journey software platform, which are designed to make EV charging simple, seamless, and safe. "Charging should be as simple as parking. The automotive industry realizes that wireless charging creates a superior experience for drivers. Fleet operators want to be free from cord management headaches and opportunity charge at stops. Governments and the public want safer, more attractive charging infrastructure where they live, work, and play," said Founder and CEO Jeremy McCool . "All stakeholders benefit from interoperable, high-efficiency wireless charging that meets SAE and UL standards and is enabled by an end-to-end software platform. We are honored to be recognized by Automotive News and its esteemed panel of judges."
The company is conducting projects with OEMs and Tier 1s and has shipped systems to four continents with customers in Detroit , South Korea , the UK, and Australia . In addition to the E8 and Journey, HEVO's roadmap includes higher power systems, bidirectional charging, and dynamic charging in collaboration with Oak Ridge National Laboratory.
The third annual PACEpilot program was presented by Automotive News. The competition was open to suppliers and startups that have the capacity to transform the automotive industry. HEVO earned this recognition following an extensive review by an independent panel of judges, including a comprehensive written application, pitch, and demonstration.
Vic Peltola , HEVO's Detroit -based Chief Commercial Officer who recently joined after a four-decade career at TRW, Flex, and Ford, said, "I've spent my whole career commercializing innovations that make vehicles safer and better. I joined HEVO because I saw the same opportunity to establish an innovative technology as an industry standard, and it's exciting to see that belief validated by the PACEpilot judges."
For complete details of the Automotive News PACEpilot program, visit www.autonews.com/pace.
Founded in 2011, HEVO Inc. is a Brooklyn -based company focused on dramatically improving the EV charging experience for all stakeholders. Our mission is to eliminate fossil fuel use in the transportation system and modernize the grid with wireless charging and software. HEVO is launching a crowd-funding campaign on Wefunder this month.
View original content to download multimedia:https://www.prnewswire.com/news-releases/hevo-receives-2022-automotive-news-pacepilot-award-301632065.html
At a companywide all-hands meeting this week, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) chief Sundar Pichai juggled tough questions from employees regarding cuts to travel and entertainment budgets, managing productivity, and potential layoffs. Employees questioned why Google is "nickel-and-diming employees" by cutting travel and swag budgets despite record profits and substantial cash reserves as it did after the pandemic. Pichai emphasized acting responsibly to tide through such critical sit
Crypto markets are down sharply after Fed Chair Jerome Powell and JPMorgan CEO Jamie Dimon both voiced regulatory concerns earlier this week.
The comments made by CFO Richard Galanti on its conference call suggest the Fed will still be in inflation-fighting mode for the rest of the year
(Bloomberg) -- Russia’s wheat harvest could reach a historic 100 million tons, according to consultant SovEcon, with the commodity piling up at home as the nation struggles to export large volumes.Most Read from BloombergBank of England Says Paper Banknotes Only Good for One More WeekJapan to Restore Visa-Free Travel From Oct. 11 as Covid Pandemic Recedes South Korea President Caught on Hot Mic Insulting US CongressUnless Rents Rise, Housing Is Set Up for an Epic CrashA Great Copper Squeeze Is C
MOSCOW (Reuters) -Japan's Toyota Motor Corp said on Friday that it had decided to end vehicle production in Russia due to the interruption in supplies of key materials and parts. Toyota had suspended production in St Petersburg in March due to supply chain problems, and stopped importing to Russia. Toyota said its operations in Moscow needed to be restructured, but that it would continue supporting its retail network in providing service to existing Toyota and Lexus customers.
During his testimony to Congress on Wednesday, JPMorgan CEO Jamie Dimon criticized cryptocurrencies like bitcoin, comparing them to Ponzi schemes.
Blue Tiger Advisors Independent Board Member Deborah Byers assesses the forecasts for gas prices, the sentiment from oil drilling companies, European fracking, and concerns surrounding Russian President Putin's power plays in energy markets.
Tesla (TSLA) job postings reveal the electric vehicle maker is doubling down on humanoid robots.
Marko Papic, the ClockTower Group’s chief strategist, argues the real risk to oil and gasoline prices comes from Iraq amid rising tensions in the Middle East.
DEEP DIVE Another difficult week for U.S. stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500 (SPX) fell 1.7% on Friday for a one-week decline of 4.
(Bloomberg) -- Compute North Holdings Inc., which provides data center services for cryptocurrency miners and blockchain companies, filed for bankruptcy in Texas on Thursday.Based in Eden Prairie, Minnesota, Compute North blamed its financial woes on the troubled market for digital assets, the increasing cost of electricity and the time lag between spending to build data centers and getting revenue from those facilities. The decision to file a Chapter 11 bankruptcy now was forced on the company
Case against former president, three of his children and his company centers on state law that gives the attorney general broad power to address persistent fraud in business.
A South Florida Porsche dealer is suing Porsche Cars North America, alleging that the auto maker's U.S. subsidiary has violated Florida auto dealership laws.
Annuities have long formed part of the retirement arsenal, and the Teachers Insurance and Annuity Association of America (TIAA) is demonstrating why. TIAA has announced its aim to boost retirement savings for several million of its annuity subscribers, giving back … Continue reading → The post Are You Entitled to Some of the Extra $2.3 Billion TIAA Will Pay in Annuity Interest? appeared first on SmartAsset Blog.
Astra is one step away from a long-sought long-term lease at Alameda Point, where its growth has in some cases moved faster than the city can accommodate.
Cristiano Amon, Qualcomm CEO, talks about its automotive strategy, supply chain issues, chip production and its product roadmap. He speaks on "Bloomberg Markets: The Close."
The company earlier this year raised $385 million in fresh capital.
Coal stocks have paused but still lead all other industries so far in 2022 — seemingly bucking analyst predictions that coal is dead.
These are the natural gas stocks with the best value, fastest growth, and most momentum for Q4 2022.
While sentiment in oil markets has been decidedly bearish of late, Russia’s escalation of its war in Ukraine and the opening up of China provide major upside potential for oil