Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Automotive Industry Today.

Advanced Materials Market in Focus: BCC Research Publishes 2024 Sector Review
Boston, July 09, 2025 (GLOBE NEWSWIRE) -- BCC Research announces the release of its " 2024 Advanced Materials Research Review," offering a deep dive into one of today’s most dynamic and fast-growing markets. This comprehensive report explores the...

ECARX white paper shows 50+% reduction in integration time for Google's world-leading GAS automotive application suite
LONDON, July 03, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today released a white paper sharing insights into integrating Google Automotive Services (GAS), with a...

Automotive Leasing Market to Soar to $952.5 Billion by 2033, Driven by Flexible Ownership Models at 6.8% CAGR
WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 30, 2025 /EINPresswire.com/ -- According to the report, the automotive leasing market was valued at $501.7 billion in 2023, and is estimated to reach $952.5 billion by 2033, growing at a CAGR of...

Automotive Steer-By-Wire System Market worth $5.8 Billion by 2031, Accelerating at 8.5% CAGR with Next-Gen Driving Tech
WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 30, 2025 /EINPresswire.com/ -- According to the report, the global automotive steer-by-wire system market was valued at $2.7 billion in 2021 and is projected to reach $5.8 billion by 2031,...

Forest Product Machinery & Equipment Material Solutions for Forest Products Expo 2025
Interstate Advanced Materials showcases material solutions that improve efficiency and safety in wood products manufacturing ahead of Forest Products Expo 2025. SACRAMENTO, CA, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- Interstate...

2025 Hyundai Tucson SUV Unveiled as a Top Choice for Family Drivers
LITHIA SPRINGS, GA, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- U.S. News & World Report has named the Hyundai Tucson the “Best Compact SUV for Families” in 2025—for the fourth consecutive year. This recognition follows an evaluation of...

BASF in South Carolina Joins with Make-A-Wish® to Grant a Local Child’s Wish
For the second consecutive year, BASF sites in South Carolina joined together with Make-A-Wish® South Carolina to make one child’s wish come true. SENECA, SC, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- Team members from BASF’s sites in...
![[Latest] Global Battery Backup Unit Market Size/Share Worth USD 43.64 Billion by 2034 at a 4.56% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)](/images/pressrelease-small.png)
[Latest] Global Battery Backup Unit Market Size/Share Worth USD 43.64 Billion by 2034 at a 4.56% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
Austin, TX, USA, July 09, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Battery Backup Unit Market Size, Trends and Insights By Battery Type (Lead-Acid Batteries, Lithium-Ion Batteries, Nickel-Cadmium...

ENVO’s Urban e-Velomobile Veemo Arrives in Europe, Assembled Locally by GEOBIKE in Poland
ENVO Drive has announced the launch of European production for the most practical e-velomobile, the Veemo, through a new partnership with GEOBIKE in Poland. VANCOUVER, BRITISH COLUMBIA, CANADA, July 9, 2025 /EINPresswire.com/ -- ENVO Drive...

Zeem Solutions to build EV truck charging facility in Seattle Tacoma, thanks to grant funding from Northwest Seaport Alliance
EL SEGUNDO, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- Zeem Solutions will build an EV charging facility for electric trucks near SeaTac Airport, and six local fleet operators will purchase 19 new electric trucks at a price that is competitive with...

HIP Video Promo Presents: Christian Love releases new music video 'Sum Sum Summer'
Christian Love Strikes Perfect Balance Between Honoring Musical Legacy and Forging His Own Path Forward in Brand New Anthem CA, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- Christian Love’s story is rooted in musical greatness. He’s a...

AAlimousine and Sedan Expands Premium Transportation Services to Reagan National Airport (DCA)
Washington, DC’s trusted luxury car service now offers seamless airport transfers at DCA, catering to business travelers, tourists, and diplomats with safety. VIENNA, WA, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- AAlimousine and Sedan...

Anaerobic Adhesives Market Size Expected to Hit US$ 1,079 Million by 2035, Exhibiting 5.8% CAGR: Fact.MR Analysis
Anaerobic Adhesives Market sees steady growth driven by demand in automotive, electronics, and heavy machinery for secure, oxygen-free bonding solutions. ROCKVILLE, MD, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- The global anaerobic...

Microchip Partners with Nippon Chemi-Con and NetVision on First ASA-ML Camera Development Ecosystem for Japanese Automotive Market
CHANDLER, Ariz., July 02, 2025 (GLOBE NEWSWIRE) -- An automotive industry transition is underway to replace proprietary camera connectivity with solutions based on the open and interoperable Automotive Serdes Alliance Motion Link (ASA-ML) standard...

Vishay Intertechnology NTC Immersion Thermistor Delivers Fast 1.5 s Response Time for Liquid-Cooled Automotive Systems
MALVERN, Pa., July 02, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new AEC-Q200 qualified NTC immersion thermistor. Featuring a miniature design with a compact sensor tip and thin insulated wire, the Vishay...

From $3.65B to $9.25B: Automotive Intelligent Lighting Market Gears Up for 9.8% CAGR by 2030
Increasing adoption of advanced driver assistance system and rising concern toward road safety fuel the growth of the global market. WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- According to the report, the...

Logistics Market Size Worth USD 23.14 Trillion by 2034 Driven by E-Commerce Growth, Tech Integration, and Government-Led Infrastructure Upgrades
Ottawa, July 09, 2025 (GLOBE NEWSWIRE) -- According to Precedence Research, the worldwide logistics market size was valued at USD 9.98 trillion in 2024 and is projected to rise from USD 11.23 trillion in 2025 to USD 23.14 trillion by 2034. The...

O’Reilly Automotive, Inc. Announces Dates for Its Second Quarter 2025 Earnings Release and Conference Call
Earnings Release Date – Wednesday, July 23, 2025, after 3:30 p.m. Central Time Conference Call Date – Thursday, July 24, 2025, at 10:00 a.m. Central Time SPRINGFIELD, Mo., July 01, 2025 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company”...

Lotlinx Wins “LLM Innovation Award” in 2025 Artificial Intelligence Breakthrough Awards Program
DETROIT, July 09, 2025 (GLOBE NEWSWIRE) -- Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, today announced that its advanced generative AI inventory and pricing management solution has been...

Integrated Automotive Services Joins the Motorist Assurance Program
Integrated Automotive Services in Easton, PA, joins the Motorist Assurance Program, reinforcing its commitment to clear communication and trustworthy repairs. EASTON, PA, UNITED STATES, July 1, 2025 /EINPresswire.com/ -- Integrated Automotive...