Tag: vehicle

C&T Solutions Awarded GSA OASIS Small Business IDIQ Contract Vehicle

The MarketWatch News Department was not involved in the creation of this content.


WASHINGTON, Sept. 25, 2020 /PRNewswire via COMTEX/ —
WASHINGTON, Sept. 25, 2020 /PRNewswire/ — C&T Solutions (C&T) is pleased to announce it was awarded a place on the General Services Administration’s (GSA) One Acquisition Solution for Integrated Services (OASIS) Small Business (SB) Indefinite Delivery Indefinite Quantity (IDIQ) contract. As an OASIS Pool 1 contractor, C&T is able to compete for small business set asides and direct awards in multiple professional service disciplines.

The OASIS SB contract supports government agencies in acquiring complex professional services in several core disciplines, including program management, management consulting, logistics, engineering, scientific, and financial services. OASIS SB can be used by all Federal agencies and GSA-approved entities and is designed to provide a total solution to agencies’ requirements, with the flexibility for all contract types and pricing at the task order level.

By

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Scams involving online vehicle sales surge amid pandemic



a screenshot of a car: Better Business Bureau issues a warning


© Better Business Bureau
Better Business Bureau issues a warning

The old saying rings true with one of the newest online scams: “If it sounds too good to be true, it probably is.”

KETV reports the Better Business Bureau is warning about virtual vehicle vendor scams, which it says are soaring amid the pandemic.

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“Scammers are legitimately able to say that there are real reasons why you’re not able to physically come and inspect the vehicle,” said Jim Hegarty, with the Better Business Bureau.

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An in-depth investigative study by the BBB revealed thousands of consumers have fallen victim to this type of scam.

Scammers are using websites like Craigslist and Facebook Marketplace to sell people vehicles that don’t exist. Victims are often directed to pay an independent third party, typically by wire transfer, to hold money in escrow. They’ll use the names of

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Vehicle, escrow scams growing as demand increases for online vehicle purchases : Augusta Free Press

covid-19 economy

(© Alexander Borisenko – stock.adobe.com)

Social distancing guidelines during the COVID-19 pandemic have fueled an unprecedented shift to online shopping for consumer goods of all kinds, including vehicles, with exceptionally high demand for recreational vehicles.

Many online platforms list cars, trucks, vans, and RVs for a very affordable price, with sellers offering to make third-party delivery arrangements if the buyer pays via escrow.

Neither the automobile nor the escrow company exists – leaving the buyer without their money or vehicle.

An in-depth investigative study by Better Business Bureau (BBB) finds that thousands of consumers have fallen victim to this fraud, with losses totaling millions of dollars.

The

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Mullen Technologies to Begin Construction of Electric Vehicle Pilot Facility, Pre-Orders Accepted Starting Oct. 1 for its MX-05 Fully Electric SUV

Pilot facility, designed to assemble Mullen’s MX-05 fully electric SUV, is scheduled for completion by April 2021

Mullen’s fully electric SUV, the MX-05.

“Pre-orders for Mullen’s fully electric SUV MX-05 model, at a base starting price of $55,000, are available on Oct. 1, 2020, through www.mullenusa.com or at any Mullen retail location in the U.S.”
“Pre-orders for Mullen’s fully electric SUV MX-05 model, at a base starting price of $55,000, are available on Oct. 1, 2020, through www.mullenusa.com or at any Mullen retail location in the U.S.”
“Pre-orders for Mullen’s fully electric SUV MX-05 model, at a base starting price of $55,000, are available on Oct. 1, 2020, through www.mullenusa.com or at any Mullen retail location in the U.S.”

Mullen Technologies’ pilot manufacturing facility

“Mullen Technologies’ pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as the MX-07 and MX-03.”
“Mullen Technologies’ pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as the MX-07 and MX-03.”
“Mullen Technologies’ pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as
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Online used-car retailer Carvana sees record third quarter as vehicle demand rebounds

Online used-car retailer Carvana Co CVNA.N said bit.ly/32SOqyh on Tuesday it expects record revenue and retail sales in the third quarter due to a strong rebound in demand for vehicles in the United States, following easing of lockdown restrictions.

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Shares of the company, which have nearly doubled in value this year, rose 20% in premarket trading, and were set to open at more than six week high.

“The momentum that we saw in the second quarter accelerated into the third, leading to record performance for Carvana,” Chief Executive Officer Ernie Garcia said.

TESLA’S ELON MUSK DIALS DOWN EXPECTATIONS AHEAD OF BATTERY DAY EVENT

Auto sales in North America have continued to recover

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Radiant Presents on Near-Infrared Sensing Systems for Vehicle Interiors at Intelligent Lighting Online Event

Automotive Business Leader at Radiant Vision Systems, Matt Scholz, will lead a presentation “Near-Infrared Light for In-Cabin Sensing and Driver Monitoring Systems (DMS)” as part of a half-day web event: Intelligent Lighting Online, taking place September 29, 8:00-11:00 A.M. EDT (14:00-17:00 CEST).

REDMOND, Wash., Sept. 17, 2020 /PRNewswire-PRWeb/ — Radiant Vision Systems, a leading provider of test and measurement solutions for lighting and displays, announces that it will present at Intelligent Lighting Online—a free, half-day virtual event hosted by Automotive IQ—which brings together experts in the automotive industry to discuss the future of vehicle lighting. Automotive Business Leader at Radiant, Matt Scholz, will give the company’s presentation “Near-Infrared Light for In-Cabin Sensing and Driver Monitoring Systems (DMS)” during a live web broadcast. The presentation includes a discussion of the market, forthcoming regulations, and performance considerations for near-infrared (NIR) sensing systems used in vehicle interiors. The Intelligent Lighting Online

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Forecast Business: Impact of COVID-19 on Low-Speed Vehicle Market

The MarketWatch News Department was not involved in the creation of this content.

Sep 16, 2020 (PRNews Times via COMTEX) —
The occurrence of COVID -19 has very much affected the low-speed vehicles market. Several regions from various parts of the world have entered into complete or partial lockdown. As China is the dominant market in battery manufacturing and low-speed vehicles are kind of electric vehicles that rely on batteries. But due to COVID-19, there is huge disruption in the supply chain of battery industry that is adversely going to impact the low-speed vehicle market. As per EV market forecast, e-rickshaws, e-autos and e-two wheelers are the most promising and growing segments for electrification in India in the near future and are expected to gain high market share of more than four-million units by 2025 reported by economic times auto.com. Hence, it seems that COVID 19 will not have long

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United Kingdom Connected Vehicle Market: New Opportunities, Top Trends, Rising Demand, Emerging Growth, Business Development, and Regional Analysis

The MarketWatch News Department was not involved in the creation of this content.

Sep 13, 2020 (AmericaNewsHour) —
The United Kingdom connected vehicle market is expected to show double-digit growth rates. The U.K. government is realizing its dream of making the nation a self-driving research hub. UK Autodrive, a publicly funded consortium that includes Ford, Jaguar Land Rover, and TATA Motors, announced a new set of trials with a focus on self-driving cars and vehicles that can instantly share information with other motorists and city infrastructure. Recent testing and development signaling systems, that can be disseminated by emergency services – ambulances, fire trucks and police cars – to nearby drivers, advising about areas that should be avoided, are being developed.

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UK Autodrive is constantly looking at connected traffic lights that could help self-driving vehicles optimize their speed limits, avoid red lights and reduce

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The Electric Vehicle Business Goes Into Overdrive

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The markets slipped again Tuesday with technology stocks in the crosshairs as the NASDAQ dropped 4% and the S&P 500 and Dow slipped more than 2%.

Source: Christopher Lyzcen / Shutterstock.com

Tesla (NASDAQ:TSLA), in particular, can’t seem to catch a break right now. As you may recall, the stock surged in the wake of its stock split early last week, but then fizzled out after the company announced that it would raise another $5 billion in secondary stock offerings to fund its new manufacturing operations in Austin, Texas and Berlin, Germany.

Then, on Friday, the company was not added to the S&P 500. Instead, the index went with Etsy, Inc. (NASDAQ:ETSY), Catalent, Inc. (NYSE:CTLT) and Teradyne Inc. (NASDAQ:TER).

This came as a big surprise to Wall Street, as Tesla had reported four

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Duke Energy advances climate strategy with aggressive pledge to electrify vehicle fleet by 2030

CHARLOTTE, N.C., Sept. 9, 2020 /PRNewswire/ — Duke Energy is continuing its push to reduce carbon emissions with a new pledge to convert most of its current 10,000-vehicle fleet to electric or another zero-carbon alternative in just 10 years. With approximately 600 electric vehicles (EVs) already in its fleet, the utility says it will continue to pursue electrification as more electric vehicle options become available.

“We’ve set a bold vision to achieve net-zero carbon emissions from electric generation by 2050. But beyond how we generate power, we’re looking at other ways to transform our business to reduce emissions,” said Lynn Good, chair, president and CEO. “Electric vehicles are an important part of that strategy. With our new pledge, we’re committed to transitioning our fleet and spurring adoption within our communities.”

More specifically, Duke Energy’s pledge is to convert 100% of its nearly 4,000 light-duty vehicles to electric and

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