News Hub | News Direct

Transportation

Airlines Automotive Electric Vehicles Logistics Maritime
Article thumbnail News Release

Alarmed By Frequent Car Smells? AutoTechIQ Can Help You With That

AutoTech IQ

Bad smells are an age-old problem that affects cars to this day, regardless of how modern they are. Although bad car smells are evident, they can be tricky to track down.. So, we’ll share tips to help you detect the bad smell’s root cause in your car and assist you in getting rid of it. Can I eliminate the smell myself? AutoTechIQ suggests that any odd odor coming from the car needs a professional inspection. An analysis of millions of work orders across North America reveals that the problem is commonly more critical than it appears. Taking your car for a Vehicle Health Inspection is highly recommended; this professional procedure shows a snapshot of your vehicle’s health status, pointing to any damage and smell sources. Visit AutoTechIQ.com and use the shop selector to find the best-suited shop in your area. Shops have three certification levels that you can choose from: Certified, Recommended, and Good Standing. You can find easy-to-digest educational content about car smells and how to fix them on AutoTechIQ.com. And don’t worry, you won’t have to read technical lingo and jargon; we make it friendly. What are the most common car smells? We list common problematic car smells below. If you're experiencing any of those, visit AutoTechIQ.com and find the article that matches your experience. Then, send it to your trusted auto repair shop for reference. My Car Smells Like Burning Oil My Car Smells Like Burning Plastic My Car Smells Like Burning Rubber My Car Smells Like Rotten Eggs What other symptoms should I look for? A distinct smell is often the most dominant symptom, but it might not be the only one. For example, a failed serpentine belt pulley makes a burnt rubber odor and can make a noticeable noise. Reoccurring problems are especially concerning, and it is important to describe the context of these issues to your trusted auto repair shop. Knowing the problem's characteristics helps the professional eliminate up to 90% of the potential root causes, saving you a lot of money for unnecessary diagnostics or repair. What should be my budget when taking my car to an auto repair shop? Traditionally, most car owners follow the service interval recommendation provided by their trusted auto repair shop or just go to the shop when problems arise. Most of the time, the latter is the most expensive way of taking care of your vehicle since it adds to each visit’s cost. Using a preventive maintenance plan from your trusted auto repair shop opens opportunities to discuss future expenses or deferred services. You can start budgeting for future expenses and still save money because preventive maintenance is significantly more cost-effective than paying the repair cost when problems occur. Condition-based inspections take the preventive maintenance concept even further. Your auto repair shop conducts a vehicle inspection every time you drop off your vehicle. The results are compared to previous inspection diagnostics to determine wear and tear patterns. Based on those patterns, the shop discusses the best course of action with you. Why is it important to ask for a Digital Auto Checkup? Many auto repair shops listen to your concern and immediately provide a solution. But, in comparison, when you go to any doctor for a symptom checkup, does the doctor immediately diagnose you? Typically, they don’t do that unless you are in the emergency room. Instead, the doctor will order a vital signs check, blood draw, and other testing procedures. The same goes for your vehicle during car service. First, you establish baseline health before addressing the main symptom. The vehicle’s bill of health is called “Digital Auto Checkup” or “ Digital Vehicle Health Inspection.” What do I get from AutoTechIQ as a car owner?? The majority of car owners dread the appointment at an auto repair shop. To counter that, the shops in AutoTechIQ ’s network put education and professional service as top priorities. Additionally, the shops you’ll find in our business directories meet these criteria: The business has at least 100 Google reviews with an average score higher than 4.5 out of 5. A digital vehicle health inspection is consistently relied upon to examine the health of your vehicle and covers at least 35 topics. The documentation of mint and problem conditions uses well-documented images and videos to give you complete transparency. Contact Details AutoTech IQ +1 866-678-8505 support@AutoTechIQ.com Company Website https://www.autotechiq.com/

November 28, 2022 03:26 PM Eastern Standard Time

Article thumbnail News Release

Why People Aren’t Calling Auto Repair Businesses

AutoTech IQ

In case you haven’t noticed, the world of communications is changing. And that includes customer calls and service requests in the auto repair business. In the past, the automotive repair business centered around phone calls and one-on-one interactions with customers. But today’s customers expect more. Digital communication and education are the foundation of today’s successful auto repair businesses. If you haven’t implemented these changes in your shop, learn about why digital tech has replaced yesterday’s phone communication. 7 Reasons Auto Repair Businesses Aren’t Getting Calls The younger generations grew up using technology, which has changed how they interact with businesses. They no longer want to call a business but prefer to communicate via text, view data-driven estimates and pay with online invoices. In other words, they require more transparency and want to understand the particulars of what they are paying for. In fact, in one study, the majority of those surveyed prefer digital communications when getting car repairs. The advent of digital communication not only gives your customers those benefits, but it also helps you build essential trust as you earn their business. Fewer People Want to Talk Because people prefer to do business digitally, they want instant access to the information that will help them decide which business to go to. One survey shows that 80% of all local searches result in a sale. But that same survey explains that the people doing the local search want to easily find the business’s number, address and product offerings. In other words, they want to skip the call — and the wait to speak with someone — and get all the pertinent information from their phone. Not Optimizing the Mobile Experience Because most people use their phones to make purchases and set appointments, the auto repair shops that have a mobile app that allows for easy online booking will attract those customers. No one wants to wait 10 minutes on the phone trying to set an appointment. Instead, they want to log onto the website, choose from the available appointments, and schedule one. An app allows customers to do things on their own schedule and not have to worry about making a decision while someone is waiting on the other end of the line. Lack of Quality Customer Service What’s worse than having to call a car repair shop for an appointment or an explanation about your car’s issues? Dealing with someone on the phone who isn’t helpful or friendly. If your customers must call your shop, it’s important to ensure they speak with someone who shows they care. And forget about old-school sales techniques when explaining the potential repairs. Today’s customers want digital proof of what’s wrong with the car and what it will take to fix it. Give your customers more emphasis on helpful and specific details to gain their trust. Long Wait Times People want access to quick information online, but that doesn’t mean they don’t expect superior service when they do have to call or interact with a technician. A survey shows that 75% of callers won’t leave a voicemail, and 85% of them will not call you back if you don’t answer the phone. And because many auto repair shops have a reputation for long wait times on the phone and in person, it’s something that needs to be addressed. Ideally, car repair shops will reduce call wait times, drop-off wait times, service wait times and the amount of time it takes to complete paperwork — all in addition to offering digital communication to their customers. Lack of Quality Customer Service Did you know that 90% of people use customer service as a factor when deciding whether to do business with a company? And 58% of those surveyed say they will switch companies because of poor customer service. In the automotive repair business, customer service often comes down to whether a business uses digital communications to allow customers to view their car repair options. These digital reports and estimates make customers feel in control and allow for better decision-making. Lack of Transparency Most people don’t know how to fix their own car, and they look for an auto technician they can trust to do the job for them. If a technician doesn’t explain a needed repair — or worse, recommends an unnecessary repair — they aren’t going to gain the trust of their customers. Today’s customers want digital proof of needed repairs from techs like AutoTechIQ-certified auto repair shops, where a vehicle’s bill of health is the basis of their recommendation. They can view digital reports and feel confident they have full transparency when making decisions. Digital Vehicle Inspections Seeing is believing, as the old saying goes, and that’s true when it comes to auto repairs. That’s why digital inspections are the new norm when it comes to auto repairs. These digital inspections show customers the whole picture of their car’s health with videos, high-resolution photos and detailed notes. And once a customer sees for themself what’s needed, they tend to approve two to three times the amount of work than when given verbal explanations. Give Customers the Control and Confidence They Need The auto repair shops that give today’s customers what they need are the shops that will thrive in this new marketplace. If you haven’t yet used digital communications and reports, contact AutoTechIQ now and find the best shop in your area. Contact Details AutoTech IQ +1 866-678-8505 support@AutoTechIQ.com Company Website https://www.autotechiq.com/

November 28, 2022 02:51 PM Eastern Standard Time

Article thumbnail News Release

Volatus Aerospace Expands Product Distribution to US Market with Acquisition of Empire Drone Company LLC.

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“Volatus” or “the Company”) announced today that it has signed an arm’s length definitive agreement to acquire Syracuse-based Empire Drone Company LLC., one of North America’s fastest-growing distributors and integrators for unmanned aerial systems. With Fortune Business Insights projecting the commercial drone market to grow to $47.38 billion by 2029 at a CAGR of 28.58%, the addition of Empire Drone in the USA positions Volatus to capitalize on this opportunity by adding to its growing global presence in key markets for green drone technologies, which includes Volatus Aerospace LATAM in South America, Omniview Tech in Canada, and iRed Remote Sensing in the UK. “Volatus is already a major distributor and developer of civil and defence drone solutions in Canada,” said Glen Lynch, CEO of Volatus Aerospace. “The addition of Empire Drone solidifies our footprint in America and positions us for improved margins and accelerated growth in America with a US depot and US-based support.” “Joining Volatus provides Empire with the resources needed to accelerate our growth,” said Sean Falconer, CEO and founder of Empire. “We’ll become a more important partner for our existing OEM suppliers and increase our offering with Volatus technologies such as the Aerieport remote nesting station, Hydra Crawler, and other Volatus defence and public safety products. It’s long been my goal to be a dominant player in the United States and this deal will give me the resources needed to get there.” Empire Drone is expected to generate revenue of C$2.5M in 2022 with a 6% EBITDA margin. Under the terms of the agreement, Volatus will purchase 100% of the company for a cash consideration of US$300,000, equity of US$350,000 with a minimum floor price of $0.65, and earn out of US$350,000 paid in equity after one year anniversary based on the 30-day volume weighted average price (VWAP) with a minimum floor price of $0.65 per share and assume the long-term debt of US$225,000. This announcement marks another step in a series of interrelated commercial milestones intended to drive and scale the commercialization of drone technologies including: Announcement of Volatus Aerospace LATAM, a joint venture with EOLO Drones S.A.C. ("EOLO") to expand Volatus' commercial operations in Latin America. Introduction of a full-service financing program for enterprise and industrial drone equipment to help drone service providers, public safety agencies and industrial clients leverage the rapid evolution of related technologies by offering rental, usage contracts, and customized funding arrangements for the sale of its Drone Solutions targeted at transactions valued from $25,000 to over $2,000,000. Acquisition of iRed Remote Sensing based in Emsworth, England to provide a foundation for continued growth in the UK. The acquisition of Empire Drone is scheduled to close on December 31st conditional on satisfactory completion of due diligence, approval of the respective Board of Directors, and regulatory approval by the Toronto Stock Exchange. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (if) the business plans and expectations of the Company; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; the completion of the Offering; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release.” Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Abhinav Singhvi +1 514-447-7986 abhinav.singhvi@volatusaerospace.com Company Website https://volatusaerospace.com

November 28, 2022 06:30 AM Eastern Standard Time

Image
Article thumbnail News Release

VinFast exports the first batch of electric vehicles

Vingroup

HAI PHONG, VIETNAM - Media OutReach - 25 November 2022 - VinFast held a ceremony to mark its first batch of exports of smart electric vehicles including 999 VF 8s to international markets. This event is a remarkable milestone in the history of Vietnam’s automotive industry as Vietnamese-branded electric cars have officially entered the global market. The first batch of 999 VF 8s has been exported to the United States. This batch was transported by the Silver Queen – a Panamanian charter ship – and is expected to arrive in a California port (USA) about 20 days after deporting from MPC Port in Hai Phong, Vietnam. The first VinFast customers in the US can expect their cars by the end of December 2022. This international export is the first batch of the 65,000 global orders already made for VinFast’s VF 8 and VF 9. Following this first batch of cars for the American market, VinFast will continue to export more VF 8 lots to Canada and Europe for customer deliveries in early 2023. The first VF 9 models will be handed over to customers in Vietnam and international markets in the first quarter of 2023. At the ceremony, Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, said:“The export of the first 999 VF 8s is a significant event for VinFast and Vingroup and a proud historical milestone for the Vietnamese automotive industry. It affirms that Vietnam has successfully produced high-quality standards electric vehicles that are ready to compete in the international market. We hope that, when VinFast’s smart electric vehicles roll out on the streets around the world, it will help promote the image of a new, dynamic and progressive Vietnam to the global audience.” With a luxurious design, integrated advanced smart technologies, attainable pricing, and best-in-class after-sales policies, the VF 8 and VF 9 are VinFast’s premium electric SUV models in the D and E segments. In addition to individual customers, VinFast has also received exceptional attention from fleet companies. At the Los Angeles Auto Show 2022, from November 17 to 28, 2022, VinFast announced a new order signed with Autonomy, the largest car subscription service firm in the US. In addition to the VF 8 and VF 9, VinFast’s smart electric vehicle lineup comprises the VF 5, VF 6, and VF 7 in the A, B, and C segments, respectively. VinFast is expected to initiate reservations of the VF 5, VF 6, and VF 7 soon to meet the diverse needs of global customers. Exporting the first batch of Vietnamese-made VF 8 units has opened a new era for the country's automotive industry. In addition to affirming Vietnam’s capability, the major export actualizes the country’s passion for mastering automotive production held by many generations and contributes to raising the country's position on the global stage. About VF 8 The VinFast VF 8 is a 5-seater electric SUV in the D segment with overall length, width, and height dimensions of 4,750 mm x 1,934 mm x 1,667 mm, respectively. Vehicles are equipped with advanced driver assistance system (ADAS), including a series of advanced features that will be added and updated regularly, such as highway assist, automated lane changing assist, smart parking assist, smart summon mode, remote parking assist, and many more. In addition, a suite of Smart Services with integrated in-car entertainment and utility features such as vehicle voice control, remote vehicle management via the VinFast application, online shopping, playing video games on the car screen that sync passenger phones, and much more to bring an immersive experience to users. The VF 8 has two trims, Eco and Plus. The VF 8 Eco version is equipped with an electric motor with a maximum power of 260kW, a maximum torque of 500Nm, and a battery with a target full-charge range estimate of 420km (WLTP standard). The VF 8 Plus version is equipped with an electric motor with a maximum power of 300kW, a maximum torque of 620Nm, and a battery with a target full-charge range estimate of 400km (WLTP standard). The absolute advantage of an electric motor over an internal combustion engine is its ability to instantly achieve maximum torque, which helps the VinFast VF 8 accelerate impressively, operate smoothly, and bring a completely different driving experience. About VinFast VinFast - a member of Vingroup – envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam. Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.com. About Vingroup Established in 1993, Vingroup is one of the leading private conglomerates in the region, with a total capitalization of $35 billion USD from three publicly traded companies (as of November 4, 2021). Vingroup currently focuses on three main areas: Technology and Industry, Services and Social Enterprise. Find out more at: https://www.vingroup.net/en. Contact Details Media Contact v.phuongmt8@vingroup.net Company Website https://vinfastauto.com

November 25, 2022 08:30 AM Eastern Standard Time

Image
Article thumbnail News Release

Lithium Giant Says Global Lithium Demand Will Increase by 40% This Year

MarketJar

The lithium market has been on a serious bull run for the last year, and the world's second-largest lithium producer sees that momentum continuing into 2023. Sociedad Química y Minera (SQM) predicts that battery material prices will remain high into next year, which could alleviate concerns that China's two-year buying spree will come to an end. After more than quadrupling sales in Q3 2022 amid increasing lithium prices, SQM expects ongoing optimism in the lithium space and sees global lithium demand rising by at least 40% this year. Rising lithium prices are clearly working in favor of SQM, with the company posting a ten-fold increase in Q3 net profit. SQM reported a $1.1 billion net profit for the three months ending September. Quarterly revenue increased more than fourfold year on year to $2.95 billion, with lithium revenues increasing more than twelvefold. According to CEO Ricardo Ramos Rodriguez, the Chinese electric vehicle (EV) market is rapidly expanding, which is driving up demand for lithium, a key ingredient in EV batteries. Since 2020, the price of lithium has increased by more than 1,200%, and it has more than tripled in the last year. Tight supplies for EV manufacturers, one of China's few bright spots in the country's struggling economy, have caused the extraordinary rise, but there may now be cracks in near-term consumption. Even though the EV market and its supply chain are on track for long-term growth, China's rate of growth is slowing. Subsidies for electric vehicles (EVs) that have helped them grow quickly over the last ten years are set to end next month, even though there has been talk that they might be extended. At the same time, lithium demand is higher than ever. And although global lithium production is expected to increase by 21% in 2021, global lithium consumption is expected to increase by 33%. This gap will only widen as the West moves away from China's lithium supplies, which is prompting calls for at least $42 billion in lithium investment over the next six years to meet 2030's forecasted demand of 2.4 million tonnes per year. Among the regions with the potential to fill the gap is Canada (particularly Québec and Ontario). The nation is already positioning itself to be a major player in the global lithium stage, with large hard rock spodumene deposits and brine-based lithium resources in place. Interest in the region is good news for mining companies with projects in Canada, like FE Battery Metals (CSE:FE) (OTCQB:FEMFD), a junior lithium exploration company that has prime land with great infrastructure in a mining-friendly jurisdiction of Quebec. Since early 2021, FE Battery Metals has acquired a significant number of mining claims surrounding Val d'Or, Québec. This land includes several old discoveries as well as new lithium prospects found during current exploration. The Company’s flagship property, the Augustus lithium property covers a large area of spodumene Lithium bearing pegmatites in one of the world’s best mining jurisdictions, Quebec. The property is comprised of a non-contiguous claim block consisting of over 700 mining claims covering a total area of over 27,000 hectares. The Augustus Lithium Property sits right next door to the North American Lithium Mine, a mine that is slated for production in Q1 2023. Since acquiring the property, FE Battery Metals has continued to produce promising results from Phase 1 and Phase 2 drill programs at its Augustus lithium project and plans to continue its exploration efforts in the future. First Energy Metals Drills 1.49% Lithium Oxide Across 4.5 Meters at Augustus Lithium Property FE Battery Metals just announced the results of drill hole LC22-40 from the Phase 2 exploratory drilling program at its Augustus Lithium property in Quebec. Drill hole LC21-40 encountered a lithium pegmatite at a depth of 189.6 meters (m). The main 4.5-meter-wide pegmatite zone contained 1.49% lithium oxide on average (Li2O). Two weeks earlier, FE Battery Metals announced the results of drill hole LC22-39 at Augustus. At a depth of 188.7m, drill hole LC21-39 hit three lithium pegmatites. The main pegmatite zone was 7.3m wide and had an average lithium oxide content of 1.54%. (Li2O). The drill program is based on data from the past and Phase 1 exploration, as well as results from FE Battery Metals ’ surface trenching and sampling. The drill is run by Forage Hebert Inc. Drilling, which is based in Amos, Quebec. For this job, a B-20 drill rig is being used, which can dig holes up to 1,000m deep. They are building a core shack in the village of St-Dominique du Rosaire, which is about 50 kilometers from the Property. It will be used to log drill cores, prepare samples, and store them. So far, more than 7,500m of core drilling has been done in 42 holes on the Property. At the core shack, the drill core is logged and samples are taken with a rock saw. For quality control and quality assurance (QA/QC), field duplicates, standards, and blanks are added at set times. Learn more about FE Battery Metals (CSE:FE) (OTCQB:FEMFD) by clicking on this link or by visiting their website. Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, FE Battery Metals Corp. Market Jar Media Inc. has or expects to receive from FE Battery Metals Corp’s Digital Marketing Agency of Record (Native Ads Inc.) one hundred fifty six thousand five hundred and sixty CAD for 30 days (21 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding FE Battery Metals Corp.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to FE Battery Metals Corp.’s industry; (b) market opportunity; (c) FE Battery Metals Corp.’s business plans and strategies; (d) services that FE Battery Metals Corp. intends to offer; (e) FE Battery Metals Corp.’s milestone projections and targets; (f) FE Battery Metals Corp.’s expectations regarding receipt of approval for regulatory applications; (g) FE Battery Metals Corp.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) FE Battery Metals Corp.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute FE Battery Metals Corp.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) FE Battery Metals Corp.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) FE Battery Metals Corp.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) FE Battery Metals Corp.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of FE Battery Metals Corp. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) FE Battery Metals Corp.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact FE Battery Metals Corp.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing FE Battery Metals Corp.’s business operations (e) FE Battery Metals Corp. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, FE Battery Metals Corp. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does FE Battery Metals Corp. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither FE Battery Metals Corp. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of FE Battery Metals Corp. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of FE Battery Metals Corp. or such entities and are not necessarily indicative of future performance of FE Battery Metals Corp. or such entities. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 22, 2022 06:30 AM Pacific Standard Time

Image
Article thumbnail News Release

Why You Should Get a Digital Vehicle Inspection From Your Auto Repair Shop

AutoTech IQ

A digital vehicle inspection (DVI) is the perfect upgrade to an old process. DVIs hold shops accountable to the motorist through transparency and identify trends in wear and tear. Though not offered by all auto repair shops, DVIs can give you a true bill of health for your vehicle without you having to foot the bill for unnecessary repairs. What Is a Digital Vehicle Inspection and How Does It Work? A DVI is typically done with a tablet that performs a 35-70 point check. This multipoint check includes media and plainly worded information about your car's health. After all of this is recorded, the information is stored digitally and delivered to you and the auto repair shop’s database. DVIs allow technicians to get granular with highly detailed information. During the inspection, each section is broken into a color coding system of green, yellow and red. Green — Good to go Yellow — Needs repair or maintenance soon Red — Needs action now Advantages of Digital Vehicle Inspections A DVI is a superior option to its paper counterpart in many ways. Here are five of those advantages. You See What the Tech Sees One of the strongest cases for getting a DVI is transparency because you see what techs see. DVIs allow you to have an intangible living document that you can store and share without the risk of it getting lost. Where service advisors once had to explain a problem that a motorist may not understand, DVIs allow you to be educated while saving you time and possibly money. In the past, you would have to set aside time to talk to your service advisor and make choices based on a verbal assessment, but a DVI with photo, video and audio aspects will help you make educated choices. Another perk of a DVI is that you can engage with your service provider on your time by leaving comments and questions within the document itself. When you can understand a detailed assessment of your inspection results in an organized format, you can take the guesswork out of what you need to have done. Less Paperwork Less paperwork means less loss. The footprint that a DVI creates is physically minute but won’t be easily lost. Finding your inspection can be as easy as searching for the email. The other benefit of going paperless and getting a DVI is that there is rarely actionable information on traditional inspections. The lack of clarity on a regular inspection sheet isn’t easily read or presented in simple terms like a DVI is. Audio/Visual Insights With the augmented use of media, technicians can easily go through the DVI process and capture the problems at their source. By finding and explaining what problems are happening, you’ll end up spending less time getting clarification and less money because you won’t end up paying for things you don’t need. Ease of Inspections Because DVIs allow a technician to quickly walk through each step, monotonous tasks are removed. Things a tech would have previously had to write out are replaced by typed notes, photos, videos and sometimes audio. Quicker Repairs With all of the benefits combined, a DVI means quicker repairs at the right time for the right things. With this top-down look at your vehicle's health, you'll know your vehicle's problem areas before they become a bigger problem. Get a Bill of Health for Your Vehicle Just like a doctor's visit, the first action is always checking the vital signs, independent of what the actual concern is. The DVI accomplishes exactly that for your vehicle. Creating a bill of health using simple-to-understand terms and augmented with images and videos gives you a complete overview and allows for budgeting and deferred maintenance without risking the vehicle's health being compromised. For that reason, DVIs are often called Digital Vehicle Health Inspections or Digital Auto Checkups. It’s Time to Go Digital Even if you want a hard copy, going paperless with a DVI is harmless — the results can always be printed. Just like a person goes to the doctor for a yearly physical, a DVI will give you the best picture of the health of your vehicle. AutoTechIQ empowers car owners to be confident about the money spent on their vehicles at certified shops. Contact Details AutoTech IQ AutoTech IQ +1 866-678-8505 support@AutoTechIQ.com Company Website https://www.autotechiq.com/

November 21, 2022 01:53 PM Eastern Standard Time

Article thumbnail News Release

Recently, my car started sounding strange and I am not sure what to do.

AutoTech IQ

Modern vehicles are highly computerized and completely different from the mechanically controlled automobiles of 30 years ago. Although computerization has made vehicles much more reliable and fuel-efficient, car symptoms like squealing, squeaking, humming, growling, and other noises still occur. Our tips help car and truck owners take the next steps after their vehicle makes odd sounds. Can I repair the car myself to eliminate the noise? Most of the symptoms known to AutoTechIQ, which collects millions of work orders across the country, need a professional inspection. A key element of successful auto repair is the ability to educate the customer about why the repair needs to happen and what safety, cost avoidance, and environmental impact it imposes. Then, with a list of options on the table, the customer can decide the best outcome for their vehicle and their goals. Just go to AutoTechIQ.com and use the shop selector to find the best-suited shop in your area. AutoTechIQ introduced three certification levels for the shops featured on the map, so make sure you select the right one for you. AutoTechIQ.com has made educational content available to you in an easy-to-digest way and with a minimum of the technical lingo experts often say. What are commonly occurring car noises? We'll list common problematic noises cars make below. If you're experiencing any of those, listen to their reference noise in the YouTube link and send it to your trusted auto repair shop for reference. Squealing noise when driving Car sounds like a lawn mower Car won’t start but not making any noise Humming noise while driving What other symptoms should I look for? Noise is often the most dominant symptom your car makes but not the only one. For example, a failed serpentine belt pulley can make a very noticeable noise and create a distinct odor of burnt rubber. Reoccurring problems are especially concerning, and it is important to describe the context of these issues to your trusted auto repair shop professionals. Knowing the characteristics of the problem helps the professional to eliminate up to 90% of the potential root causes and saves you a lot of money for unnecessary diagnostics or repair. How do I find a professional auto repair shop I can trust? There has been a significant change in how former mom-and-pop shops focus on repairing vehicles. Now, they focus on helping you determine your vehicle's best course of action by meeting your goals for longevity and dependability. What should be my budget when taking my car to an auto repair shop? Traditionally, most car owners follow the service interval recommendation provided by their trusted auto repair shop or just go to the shop when problems arise and let the shop fix them. Most of the time, the latter is the most expensive way of taking care of your vehicle if you add up the cost of each visit. Using a preventive maintenance plan offered by your trusted auto repair shop will open up the opportunity to talk about future expenses or what is called deferred services. You can start budgeting future expenses and still save money since preventive maintenance is significantly more cost-effective than paying the repair cost when problems occur. Condition-based inspections take the preventive maintenance concept even further. Your auto repair shop conducts a vehicle inspection every time you drop off your vehicle. The results are compared to previous inspection results to determine wear and tear patterns. Based on those patterns, the best course of action is presented to you. Why is it important to ask for a Digital Auto Checkup? Many auto repair shops listen to your concern and will provide a solution right away by taking care of the problem you are describing. When you go to any doctor with a symptom, does the doctor immediately go to the concern you are expressing? Typically they don’t do that unless you are in the emergency room. Instead, vital signs will be recorded first. The same can be true for your vehicle. You first establish baseline health before addressing the particular symptom. The bill of health of a vehicle is called the Digital Auto Checkup or Digital Vehicle Health Inspection. What is AutoTechIQ’s advantage to me as a car owner? The majority of car owners dread the appointment at an auto repair shop. The shops in the AutoTechIQ network are selected based on criteria putting your education and professional service as their main focus. Three criteria not used in other business directories are: The business has received at least 100 Google reviews with an average score of more than 4.5 out of 5.0. A digital vehicle health inspection is used consistently to examine the health of your vehicle and covers at least 35 topics. The documentation of mint and problem conditions uses well-documented images and videos to give you complete transparency. Contact Details AutoTech IQ AutoTech IQ +1 866-678-8505 support@AutoTechIQ.com Company Website https://www.autotechiq.com/

November 21, 2022 01:42 PM Eastern Standard Time

Article thumbnail News Release

VinES and Gotion High-Tech break ground at a 5GWh/year LFP battery factory

Vingroup

HA TINH, VIETNAM - Media OutReach - 18 November 2022 – Today, VinES Energy Solutions Joint Stock Company (a member of Vingroup) and Gotion Inc.(a wholly owned subsidiary of Gotion High-Tech), held the Groundbreaking Ceremony the LFP battery cell factory in Vung Ang Economic Zone (Ha Tinh). The project has a total investment of more than VND 6,329 billion ($275 million USD), a scale of 14 hectares (34.5 acres) with a design capacity of 5GWh/year, equivalent of approximately 30 million battery cells per year. The joint venture LFP battery cell factory, funded by VinES and Gotion, is situated in Lot CN4-5 in the construction subdivision planning of Central Industrial Park CN4, CN5, Vung Ang Economic Zone, Ha Tinh, Vietnam. The factory's products are rechargeable LFP (Lithium Iron Phosphate) battery cells, mainly used for EV batteries and energy storage systems (ESS). With a high level of automation and a cutting-edge, optimized production process, the joint venture LFP battery cell factory will fulfill the needs of VinFast's electric vehicles (EVs) that require LFP batteries and ESS products developed by VinES. In the later phase, VinES and Gotion will research and expand the project according to the market's development opportunities and potential. At the Groundbreaking ceremony, Ms. Pham Thuy Linh – CEO of VinES – said: The LFP battery cell factory is a joint venture with our partner – Gotion. It is an essential component in creating battery supply autonomy for VinFast EVs and VinES's development goal to become the preeminent energy solutions company. Located next to the VinES battery pack manufacturing in the Vung Ang Economic Zone, this new factory will complete the closed loop production of LFP Batteries in Vietnam, thereby improving localization for VinFast’s EVs and optimizing production efficiency. In addition, the factory will also open up new development opportunities for the Vietnamese EV and clean energy industry." Mr. Li Zhen, Chairman of Gotion High-Tech, said: “ Vingroup is a highly respected enterprise in the world. We are very honored to cooperate with VinES of Vingroup, to build the factory and contribute to the energy revolution, climate friendly and economic development of Vietnam. The VinES Gotion Ha Tinh Battery factory is an integral part of Gotion‘s globalization strategy and the first LFP battery factory in Vietnam. I firmly believe that the battery factory will boost the development of Vietnam's new energy industry with the cooperation of both sides, and jointly contribute to the energy revolution and climate friendliness of human society.” The facility will be the first LFP battery plant in Vietnam and will begin mass production in the third quarter of 2024 and is expected to create approximately 500 new jobs for the local community. This is an important part in Vingroup’s “3-prong” battery strategy: (1) Buying batteries from the world's best manufacturers, (2) Cooperating with partners to produce the world's best batteries and (3) In-house battery production research and development. In December 2021, VinES started constructing a battery manufacturing and packaging factory with a scale of 8 hectares (20 acres) in the first phase, and a total investment of VND 4,000 billion. After 11 months of construction, the factory is in the final stages of completion and will begin operations in December 2022, producing Lithium batteries for VinFast electric vehicles and e-buses. About VinES VinES Energy Solutions specializes in the R&D and the manufacturing of advanced batteries for mobility and energy storage applications. VinES cooperates with many world-leading battery cell manufacturers and is investing in modern battery manufacturing plants in Vietnam. For more information, visit https://vines.net.vn/. About Gotion High-Tech Gotion High-tech Co., Ltd. is a world-leading provider of new energy solutions. It focuses on the R&D, production and sales of EV lithium-ion batteries and ESS batteries, and ranks among the top in China and the global market in terms of comprehensive strength.For more information, visit https://en.gotion.com.cn/ Contact Details Media Contact v.phuongmt8@vingroup.net Company Website https://vines.net.vn/

November 18, 2022 08:30 AM Eastern Standard Time

Image
Article thumbnail News Release

Cooper Standard Announces Realignment of Responsibilities Within its Global Leadership Team to Balance Focus on Key Strategic Initiatives

Cooper Standard

Cooper Standard (NYSE: CPS) today announced the realignment of certain responsibilities within its Global Leadership Team to create greater management synergies and focus on key strategic initiatives. The following changes are effective immediately. Patrick Clark, senior vice president and managing director - global automotive, will assume responsibility for the procurement function. This change brings closer alignment between Cooper Standard’s functions to drive the financial turnaround of the automotive business and improve its response to the dynamic automotive market. Joanna Totsky has been appointed senior vice president, chief transformation officer in addition to her role as chief legal officer and secretary. In this expanded role, she will continue to lead legal and compliance functions, while also taking on responsibility for the implementation of business transformation activities for long-term value creation. Chris Couch, senior vice president and chief technology officer, will fully focus on developing and commercializing advancements in materials science, product technology and manufacturing processes. Couch will continue expanding Cooper Standard’s product portfolio for electrified vehicles and will maintain the Company’s world-class technical support to customers, both of which continue to differentiate Cooper Standard. He will also drive the expansion of the Company’s non-automotive businesses, including industrial products, footwear and artificial intelligence (AI). “This team of talented leaders is well aligned to continue addressing the business challenges of today, while also positioning Cooper Standard to successfully execute our accelerating value strategy,” said Jeffrey Edwards, chairman and CEO, Cooper Standard. “Our team is laser focused on optimizing our business as we work to drive increasing long-term value not only for our customers, but for all our stakeholder groups.” With more than 28 years of automotive industry experience, Clark has held diverse leadership positions at Cooper Standard, including engineering, operations, program management, finance, strategy and sales. In addition to his current responsibilities leading the Company’s manufacturing and commercial functions, Clark will assume responsibility for global procurement as he works to continue to enhance synergies between the commercial and procurement functions. Totsky brings more than 25 years of global experience of successfully executing transformational initiatives in the automotive and financial service industries to her expanded role. She will assume the responsibility for the execution of the Company’s optimization strategies and lead initiatives to right-size the business for today’s markets. With more than 21 years of experience in global manufacturing, P&L, and research and development, Couch provides the critical forward-looking leadership needed to help advance the Company’s innovative offerings to new heights. Relevant technology domains include materials science, product design, manufacturing process technology and AI. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. # # # CPS_G Contact Details Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Company Website https://www.cooperstandard.com/

November 17, 2022 04:30 PM Eastern Standard Time

Image
1 ... 5758596061 ... 117