Geovanny Vicente – Página 123

Chevrolet Launches 2022 Bolt EUV With A Nationwide Network Takeover On Volta Charging Stations

SAN FRANCISCO and DETROIT, Feb. 16, 2021 /PRNewswire/ — Volta, the industry leader in commerce-centric electric vehicle (EV) charging networks, is partnering with <a target="_blank"…

SAN FRANCISCO and DETROIT, Feb. 16, 2021 /PRNewswire/ — Volta, the industry leader in commerce-centric electric vehicle (EV) charging networks, is partnering with Chevrolet to help introduce the new, all electric 2022 Bolt EUV and the redesigned Bolt EV. The Bolt EUV is part of GM’s overall electrification push to launch 30 new electric vehicles by 2025.

Volta was chosen for this high impact campaign because it builds and operates an EV charging network with stations that also feature large eye-catching digital displays that function as a sophisticated media network. To raise awareness around the 2022 Bolt EUV’s launch, Chevrolet has sponsored all ad inventory nationwide on Volta’s charging stations on February 15 and 16, with a reach of more than 70 million consumers across 23 states and more than 200 municipalities.

«Volta and Chevrolet agree that drivers nationwide are ready to make the leap from gas to electric powered vehicles; partnering to help unveil the new Chevy Bolt EUV is a remarkably natural fit,» said Scott Mercer, Founder and CEO of Volta. «To truly transform our country’s perception of EV ownership, we need to expand charging infrastructure while simultaneously targeting consumer behavior. Introducing the newest Bolt EUV through a charging network and media platform already situated at all the places consumers like to go will powerfully drive home the accessibility of EV adoption.»

Volta’s digital media network delivers a high value, diversified audience reach of more than 70 million consumers in 14 of the 15 largest designated market areas. Volta media charging stations also offer brands a dynamic content experience, including activation and engagement opportunities. Brands running campaigns on Volta charging stations report experiencing positive results in brand awareness and increased purchase intent; in addition, Volta’s business partners who choose to have Volta charging stations installed report an increase in spend, dwell time and engagement on site.

This media partnership harnessing Volta’s digital media network is the latest in a series of high impact campaigns for the Chevrolet brand. Chevrolet is among a number of the world’s top brands that have chosen Volta’s carbon-positive, environmentally conscious media network to reach their target consumer. Commonwealth McCann, the creative agency behind the campaign, and Carat, the media agency tasked with its strategic execution, have also been tapped to aid in the new Bolt EUV and redesigned Bolt EV reveal.

About Volta

For over a decade, Volta has been building a nationwide electric vehicle charging network to drive the world forward. Named after Alessandro Volta, the inventor of the electric battery, Volta’s award-winning charging stations benefit brands, consumers, and real-estate locations by providing valuable advertising space to businesses and free charging to drivers. Strategically located in places where consumers already spend their time and money, Volta’s chargers are currently the most used electric vehicle charging stations in the United States. Headquartered in San Francisco, Volta is bringing to communities the means of building a sustainable fueling network for the 21st century. To learn more, visit www.voltacharging.com.

About Chevrolet

Founded in 1911 in Detroit, Chevrolet is now one of the world’s largest car brands, available in 79 countries with more than 3.2 million cars and trucks sold in 2020. Chevrolet models include electric and fuel-efficient vehicles that feature engaging performance, design that makes the heart beat, passive and active safety features and easy-to-use technology, all at a value. More information on Chevrolet models can be found at www.chevrolet.com

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SOURCE Volta

Familia Kitchen Announces New Partnership with HealthCentral

CHICAGO, Feb. 16, 2021 /PRNewswire/ — Traditional Latinx recipes website Familia Kitchen is partnering with leading health website <a target="_blank"…

CHICAGO, Feb. 16, 2021 /PRNewswire/ — Traditional Latinx recipes website Familia Kitchen is partnering with leading health website HealthCentral to create a special Latinx menu showcasing 8 new Healthy & Delicioso recipes of traditional Latino dishes. These good-for-you food makeovers are authentic, delicious and nutritious, especially for Latinos seeking diabetes-friendly options.

Latinos are at higher risk (17%) of having diabetes and diabetes complications than non-Hispanic whites (8%), according to the CDC. And, «Latinos also are more likely to be overweight, which is linked to higher rates of type 2 diabetes, heart disease and strokes,» adds Kim Caviness founder, CEO and editor-in-chief. That’s why these two trusted experts—Familia Kitchen for real-deal Latino cooking and HealthCentral, whose mission is to help others create their healthiest life—came together.

Can you have pumpkin flan and arroz con pollo and be healthy, too? Si, says Familia Kitchen, offering twists on popular Latinx foods and drinks. With unmistakably authentic Healthy & Delicioso recipes for favorites like flan, yuca fritters, nachos, arroz con pollo, margaritas and pastel de chocolate. The recipes were given an expert makeover to create healthy, traditional fare: mucho amazing flavor, minus the sugar and fat.

To create the eight Healthy & Delicioso recipes, Familia Kitchen turned to one of our favorite Familia Kitchen cocineras, Naihomy Jerez, for one of her famous food flips. Not only is she a great Dominican homecook, Naihomy is a health and food expert who lost almost 50 pounds five years ago—and has kept it off. Naihomy has since devoted herself to her own food and wellness consultancy, Bagels & Brussels. She advises clients—many of them Latinas like herself who love fried yuca, tacos and arroz con pollo—how to flip their favorite foods, keep the flavor, lessen their chances of getting diabetes, and look and feel great.

FamiliaKitchen.com recently launched to collect, preserve and celebrate favorite family recipes and cooking traditions of the 66-million-plus Latinos living in the United States. The website’s abuela-style, authentic recipes speak to the website’s commitment to build—with mucho, mucho amor—the most complete, authentic and largest collection of traditional recipes, how-to tips and cooking techniques brought by Latinos from 19 Latin American and Caribbean Spanish-speaking homelands.

About FAMILIA KITCHEN

Familia Kitchen is on a mission to collect, curate and celebrate our traditional Latinx culinary heritage at its most authentic and delicious. We’re building a family treasury of our favorite abuela-cooking recipes from all the Spanish speaking places we come from. Let’s cook our way home—together. Learn more at https://familiakitchen.com

Media Contact(s):
Lisa Hunt Stevens (312) 524-0001
291597@email4pr.com

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SOURCE Familia Kitchen

US private capital funds must invest US$3 billion over next five years to meet investors’ increasing demands for transparency, Intertrust Group says

LONDON, Feb. 16, 2021 /PRNewswire/ — Private capital funds in the United States face growing demands for transparency as mainstream investors increasingly turn to the sector to chase the higher returns it offers, new research* from Intertrust N.V. («Intertrust Group» or «Company») [Euronext: INTER] reveals. Intertrust Group, a world leader in providing specialized administration services to clients in over 30 jurisdictions, estimates that around US$3…

A new report, entitled The future private capital CFO: Evolving in a digital age and created in partnership with Global Custodian, shows that CFOs at private capital funds in the US expect their limited partners (LPs) to require data updates with increasing frequency over the next decade. Seven out of 10 (70%) respondents expect their investors to be looking for access to live or daily updates on both portfolio performance and cybersecurity. More than half (56%) of CFOs expect a need for daily or live updates on operational service level agreements (SLAs) and 64% on environmental, social and corporate governance (ESG).

US CFOs anticipate higher priority will be placed on cybersecurity and ESG than their peers elsewhere: only 57% and 51% of CFOs globally anticipate live or daily updates for these functions respectively.

Although extensive investment will be required to meet these greater demands, they are also conflicting with private capital funds’ traditional leaning towards confidentiality. Intertrust Group warns that private capital funds must either meet these greater demands or face significant competitive disadvantages and possibly regulatory pressures.

David Sarfas, Head of Private Capital, Intertrust Group, said: «The recent developments of allowing 401(k) money access to private equity investments will drive the need for more frequent and relevant information be provided by alternative asset managers.

«Cybersecurity will always be crucial to CFOs as the level of attacks will continue to increase, while ESG is an increasing part of how investors continue to assess and monitor risk in a continuously evolving regulatory environment.»

The research also found that 22% of US CFOs expect that meeting the demands for portfolio performance updates will incur the greatest draw on their resources. Other factors expected to draw on resources include operations (18%); regulation (17%); cybersecurity (16%); investor demands (13%); diversity and inclusion (D&I) (8%); and ESG (6%).

Around one in four CFOs (24%) say they will respond to the anticipated increased demands by investing in technology, while 24% say they will increase the size of the in-house finance team, 21% will outsource more functionality, 21% will invest in distributed ledger functionality and 10% will retain the existing balance between in-house and outsourcing.

David added: «Insourcing has generally been more common in the US. But we expect private capital funds will increasingly outsource as ever more data pressures around reporting to investors and regulators will make industrial solutions around the manipulation of the data more attractive.»

*Source: Global Custodian in partnership with Intertrust Group; a global sample of 300+ chief financial officers at private capital funds were surveyed between 20 November 2020 and 26 January 2021, including 88 in the US

For more information

Katie Scott-Kurti
Head of External Communications
Intertrust Group
katie.scottkurti@intertrustgroup.com

Lucia Domville
Citigate Dewe Rogerson
lucia.domville@citigatedewerogerson.com

About Intertrust Group

At Intertrust Group our 4,000 employees are dedicated to providing world-leading, specialised administration services to clients in over 30 jurisdictions. This is amplified by the support we offer across our approved partner network which covers a further 100+ jurisdictions. Our focus on bespoke corporate, fund, capital market and private wealth services enables our clients to invest, grow and thrive anywhere in the world. Sitting at the heart of international business, our local, expert knowledge and innovative, proprietary technology combine to deliver a compelling proposition – all of which keeps our clients one step ahead.

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SOURCE Intertrust Group

Everett Stern, Famed Whistleblower, Announces Run for United States Senate

WEST CHESTER, Pa., Feb. 16, 2021 /PRNewswire/ — Everett Stern, a famed whistleblower who has spent a career exposing fraud and corruption and bringing to light the presence of dangerous fringe groups in America, announced today that he is a candidate for the United States Senate. Stern, 36, a Republican, is running for the seat being vacated by Senator Pat Toomey in 2022.

…

«Protecting and defending the interests of the United States of America is my life’s passion and the central purpose of my career,» Stern said. «Now I want to take that dedication to the United States Senate and be a relentless voice for the benefit of the people of Pennsylvania.»

Stern is the founder and CEO of private intelligence agency Tactical Rabbit. Part of the company’s work has included gathering inside information on radical political groups including the anti-law enforcement group FTP and the white supremacist organization Sovereign American. Intelligence gathered by Stern’s efforts was passed on to federal law enforcement.

In 2011, Everett Stern gained international notoriety when he brought to light the illegal efforts of his then-employer, HSBC Bank, to launder money and assist nations involved in supporting terrorism and drug trafficking. Stern’s work resulted in the bank being fined a record almost two billion dollars.

«The people of Pennsylvania deserve a leader who will fight for them against the most powerful special interests, the most entrenched politicians, and a corrupt system whose leaders have forgotten that they answer to the people,» Stern said. «There’s never been a time when bold, unafraid new leadership has been more badly needed.»

For more information on Everett Stern, please visit his campaign website, www.everettstern.com.

Contact: Michael Clement, Clement@everettstern.com.

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SOURCE Everett Stern US Senate Campaign

North American Passive House Network Announces the High-Performance Building Ventilation Symposium

NEW YORK, Feb. 16, 2021 /PRNewswire-PRWeb/ — The North American Passive House Network (NAPHN) announced today that it is hosting a building ventilation symposium titled Let’s Clear The Air: Ventilation, High Performance, and Passive House, to be held online, Wednesday, March 10, at 2 – 5:30 PM EST. The symposium will gather experts in building ventilation and the application of Passive House high-performance targets.

In designing and…

In designing and building high-performance buildings, ventilation is often an underappreciated component. The pandemic has made the health implications of good ventilation more obvious but the energy impact remains largely obscured.

Yet when we target radical whole-building energy efficiency, ventilation energy impacts become significant and obvious. The Passive House Institute has helped lead the effort to advance ventilation testing, protocols and certification of components to ensure that high-quality ventilation is a core solution of high-performance building outcomes.

Why does the Passive House methodology demand certain testing and how did we get here? What’s next? What are the implications for whole building systems design and long-term performance?

This symposium tackles these questions, providing a common frame of reference, greater clarity and shared understanding, in the pursuit of growing high-performance building and Passive House markets.

«We are excited to host this important symposium event,» said NAPHN Executive Director, Ken Levenson. «As we push toward more robust health, efficiency and climate outcomes in our built environment, more questions arise – from professional practitioners and industry players. This event is meant to answer many of those questions and provide a baseline to help move the American building industry forward toward our zero-carbon emissions future .»

As carbon emissions goals tighten, efficiency demands grow, and Passive House performance levels are normalized, this focus on ventilation performance is an opportunity for the ventilation industry around the world and in the US. If component testing outputs can provide Passive House modeling data inputs, and products can meet Passive House targets, there is an emerging high-performance global market that can be served to the benefit of everyone.

Find out more information and register for the event at https://naphnetwork.org/events/ventilation-symposium/

# # #

About NAPHN:
The North American Passive House Network (NAPHN) is an independent national non-profit educational organization affiliated with the International Passive House Association (iPHA) and the Passive House Institute (PHI), located in Darmstadt, Germany.

NAPHN has chapters based in New Jersey (http://www.njpassivehouse.com), Washington DC (http://www.naphnetwork.org), the Rocky Mountain Region (http://www.phrockymountains.com), Minnesota (http://www.passivehouseminnesota.org) and Pennsylvania (http://www.passivehousewpa.com).

NAPHN supports the widespread adoption of the international Passive House design and construction standards, building science principles and protocols, as a critical response to our climate crisis – providing unparalleled effectiveness in mitigating climate disruptions and adapting to rapidly changing environmental conditions.

NAPHN is focused on the inflection point between policy and implementation. We partner with leading stakeholders across all building sectors, including governments, professional associations, manufacturers, owners, builders, labor organizations, and educational institutions – to make the transformation complete. http://www.naphnetwork.org

About Passive House:
Passive House is an international building standard and methodology, applicable to buildings of all kinds from office buildings to hospitals, new-build and renovations, that results in a dramatic
drop in operational energy use, and more comfortable and healthy occupants – meant to aggressively mitigate our climate crisis while providing resilient adaptation.

The Passive House Standard was developed by the Passive House Institute (PHI), an independent scientific research organization, located in Darmstadt, Germany, and includes specific requirements for energy use and comfort of occupants. The Passive House Standard is being successfully applied to thousands of buildings and millions of square feet around the world, from Boston to Beijing.

The Passive House methodology starts with reducing cooling, dehumidification and heating loads by focusing, not on gadgets and active technology, but instead on fully integrated durable passive building components, such as proper continuous thermal-bridge-free insulation, continuous airtightness, high-performance windows and doors, and ventilation that includes a high-efficiency heat/energy recovery core, carefully calculated, and all integrated with the entire architectural process of design and construction. http://www.passivehouse.com http://www.passipedia.org

View an Introduction to Passive house video: https://youtu.be/G1u5q8IbCak
Not sure what Passive House means? Watch this video: https://youtu.be/fy9nnso306o

Media Contact

Ken Levenson, North American Passive House Network, +1 (917) 837-8487, ken@naphnetwork.org

SOURCE North American Passive House Network

Pentair Brings Better Water to the Twin Cities

MINNEAPOLIS, Feb. 16, 2021 /PRNewswire-PRWeb/ — Pentair, a leading provider of water treatment and sustainable solutions, is bringing its in-home water services to the greater Minneapolis and St. Paul metro areas. Twin Cities residents can now schedule an in-person or virtual consultation with a Pentair Water Solutions expert who will create a tailored water solution through a seamless and personalized…

«We’re excited to now offer our in-home water services and solutions in the Twin Cities, where Pentair was first founded more than 50 years ago,» says Melissa Jones, Vice President of Pentair Water Solutions. «As the official smart, sustainable water provider of the Minnesota Twins, we are known for delivering great-tasting, refreshing water at our filtration stations at Target Field. Now, Pentair water experts are here to provide a customized water solution for Twin Cities residents to address their unique home water challenges.»

Water quality can be different from zip code to zip code and even from home to home based on water source, transfer pipes and plumbing in the home. Pentair’s water experts utilize established equipment to test water samples in the home or in their laboratory to detect and assess what is present in a home’s unique water supply, and also consider factors like lifestyle, water usage, and budget when recommending water filtration and softening systems for a home. Once matched with the right customized solutions, homeowners can look forward to great-tasting water from every faucet in the home. Pentair’s team of experienced professionals size, install, and service each system for added piece of mind.

Tap the Benefits of Better Water
Proactive at-home water treatment can help deliver great-tasting water for drinking, as well as cleaner dishes, laundry and shower walls, and softer skin and shinier hair. There are also potential environmental benefits. Filtered water straight from the tap can reduce the need for single-use bottled water, saving money and helping to keep plastic out of landfills and oceans. Reducing buildup and residue from minerals and dirt in water can also help extend the life of appliances such as the dishwasher or coffee maker, along with helping to reduce the amount of soap and detergent needed for cleaning.

Twin Cities residents seeking a comprehensive solution to their water quality concerns can call today to schedule a completely free in-home or virtual consultation. Pentair Water Solution installations are performed with white glove service. Visit pentair.com/msp to learn more, and to request an appointment.

ABOUT PENTAIR PLC
Pentair makes the most of life’s essential resources. From our residential and business solutions that help people move, improve and enjoy their water, to our sustainable innovations and applications, we deliver smart, sustainable solutions for life.

Pentair had revenue in 2020 of $3 billion, and trades under the ticker symbol PNR. With approximately 9,750 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit Pentair.com.

Media Contact

Rebecca Osborn, Pentair, +1 763-203-5326, rebecca.osborn@pentair.com

SOURCE Pentair

Fintech and NBWA Renew Industry-Leading Partnership

TAMPA, Fla., Feb. 16, 2021 /PRNewswire-HISPANIC PR WIRE/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced a renewed strategic partnership with the National Beer Wholesalers Association (NBWA), the leading voice for America’s 3,000 independent beer distributors. Together, Fintech and NBWA bring collaborative programs and resources to beer distributors across the country.

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Since the relationship’s inception in 2014, Fintech and NBWA have significantly impacted the United States beer industry. In the last six and a half years, Fintech has welcomed nearly 150 NBWA members to its beverage alcohol management program and rebated hundreds of thousands of dollars to NBWA and its members. Fintech has also worked closely with Lester Jones, NBWA Chief Economist, to bring pivotal insights into beer industry data through Fintech’s InfoSource®, presenting the information through partnered content.

«For the last seven years Fintech has been an outstanding partner to NBWA, and I’m excited to see that relationship continue,» said NBWA President and CEO Craig Purser. «Fintech has been providing tremendous value to NBWA members for years, but that value was never more evident than during this past year. Their ability to help distributors execute safe, contactless commerce throughout the COVID-19 pandemic has been a huge help in keeping the supply chain moving forward.»

«We are honored to renew our partnership with NBWA. They’re a great organization, and they truly mirror our passion for providing cutting-edge resources to the beer industry,» said Tad Phelps, Chief Executive Officer of Fintech. «This relationship affords both Fintech and NBWA the opportunity to grow our networks and help distributors nationwide improve operational efficiencies and data insights.»

In addition to continued joint marketing efforts and participation in the NBWA Annual Convention, the new three-year agreement affords NBWA members a discount on annual Fintech support and maintenance fees. Additionally, this new contract doubles the existing growth rebate for eligible distributors as they grow their retailer network through Fintech.

About NBWA

The National Beer Wholesalers Association (NBWA) represents America’s 3,000 independent beer distributors who service every state, congressional district and media market across the country. Licensed at the federal and state levels, beer distributors get bottles, cans, cases and kegs from a brewer or importer to stores, restaurants and other licensed retail accounts through a transparent and accountable regulatory system. Distributors build brands of all sizes – from familiar domestic beers to new startup labels and imports from around the world – and generate enormous consumer choice while supporting more than 140,000 quality jobs in their home communities. Beer distributors work locally to keep communities safe by sponsoring programs to promote responsible consumption, combat drunk driving and reduce underage drinking.

About Fintech

Fintech is the leading business provider of affordable technology built to simplify beverage alcohol management for any business, of any size, that sells alcohol. We empower retailers, distributors, and suppliers by automating essential manual processes and data insights. With over 30 years of industry experience and unwavering dependability, Fintech delivers an immediate ROI to 635,000 business relationships nationwide by simplifying the day-to-day functions necessary to protect and grow alcohol margins. To learn more, visit www.fintech.com.

FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. is the owner of the trademark FINTECH, the Stylized F Logo, and several other trademarks and service marks, many of which are registered at the U.S. Patent and Trademark Office. The underlying software behind the services offered by FINANCIAL-INFORMATION-TECHNOLOGIES, LLC and content of this website are ©2020 FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. All rights reserved.

Contact: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com

Lauren Kane, 703.519.3097, lkane@nbwa.org

Follow @Fintech & @NBWA on Facebook, Twitter, and LinkedIn

Logo – https://mma.prnewswire.com/media/562037/Fintech_logo_with_tm_dk_bl.jpg

SOURCE Fintech

LF Energy Partners with Sony Computer Science Laboratories to Launch Open-Source Microgrid Project

SAN FRANCISCO, Feb. 16, 2021 /PRNewswire/ — LF Energy, a Linux Foundation nonprofit seeking to accelerate the energy transition of the world’s grids and transportation systems through open source, along with its newest member, Sony Computer Science Laboratories, Inc. (Sony CSL), a subsidiary of Sony Corporation, announced today Hyphae, a microgrid initiative to automate the peer-to-peer distribution of renewable energy.

With energy resources and infrastructure increasingly challenged to meet the coming impacts of climate change and natural disaster, Hyphae aims to make microgrids more resilient. It will do so by transitioning Sony CSL’s existing software, Autonomous Power Interchange System (APIS), which automatically and efficiently distributes locally-produced renewable energy over a DC grid, to work with AC Grids. With resilient, peer-to-peer microgrid energy trading, even the most remote communities will be able to store and distribute energy autonomously without connecting to large-scale power stations or electrical distribution networks.

«Sony CSL is a subsidiary of one of the world’s premier companies, and by launching Hyphae with us, they are making a profound statement about their intention to collaborate and lead to solve the world’s most complicated problem — decarbonization,» said Dr. Shuli Goodman, Executive Director of LF Energy. «Working with Sony CSL will help us spur energy transformation in developed countries, as well as bring electrification to energy-poor corners of the planet.»

As the world races to develop and build microgrids that are resilient and flexible, an open-source, automated microgrid controller and peer-to-peer trading platform like Hyphae will allow for faster innovation while decreasing costs for everyone. Partnering with Sony CSL brings LF Energy closer to its goal of building the first interoperable AC- and DC-ready microgrid that is self-contained, operational off-grid and able to connect to an electrical distribution network with utility oversight.

«By working with LF Energy, we see a path toward an interoperable, cloud-native, configurable microgrid that will revolutionize the world’s relationship with networking energy,» said Dr. Hiroaki Kitano, president and CEO of Sony CSL. «We share the sense of urgency to act on climate issues, which is why we decided to turn a part of our decade-long research into open source, and to work with LF Energy. This is a call to action for the greatest companies in the world to work together to revolutionize the global energy landscape, including residential and industrial energy systems, power systems and the green electrification of transportation.»

LF Energy is currently looking to collaborate with hardware partners to ensure they create an entirely interoperable system. If you are interested in learning more about Hyphae or LF Energy, visit: https://www.lfenergy.org/

About LF Energy

A first-of-its-kind initiative, LF Energy provides a 21st century plan of action to solve climate change through open frameworks, reference architectures and a support ecosystem of complementary projects. In addition to RTE, members include Alliander, Energinet, TenneT, Elering, IBM, NREL, Recurve, Stanford University, OSISoft, Unicorn, Wind River, Cloud Bees, Alan Turing Institute, Pecan Street, and many others. Find further information here: https://www.lfenergy.org.

Media Contact
Katy Hoeper, PR Manager
Walker Sands for LF Energy
lfenergypr@walkersands.com

View original content:http://www.prnewswire.com/news-releases/lf-energy-partners-with-sony-computer-science-laboratories-to-launch-open-source-microgrid-project-301228683.html

SOURCE LF Energy

REE Automotive Opens New Engineering Center of Excellence

TEL AVIV, Israel, Feb. 16, 2021 /PRNewswire/ — REE Automotive (REE), a leader in e-Mobility, which recently announced its merger with 10X Capital Venture Acquisition Corp. (NASDAQ: VCVC), today announces the establishment of a new state-of-the-art Engineering Center of Excellence. The new Engineering Center will expedite REE’s strategic plans to meet anticipated global demand for its breakthrough REEcorner and Electric Vehicle (EV) platform technology.

The Engineering Center will spearhead…

The Engineering Center will spearhead REEcorner and EV platform engineering design, validation, verification and testing, as well as product homologation. REE will also have access to world-class test facilities and a proving ground for physical testing and validation of the REEcorner and EV platform at the MIRA Technology Park in the UK.

REE’s unique CapEx-light manufacturing model will utilize globally located integration centers, creating scalable and agile unit economics. REE intends to assemble components at its integration centers, thus reducing Capex requirements, and expects to establish a network of 15 integration centers with the first one set to open in the US in 2021. REE plans to manufacture via a secured and exclusive global network of Tier 1 partners in over 30 countries, with point-of-sale assembly.

Daniel Barel, REE’s Co-Founder and CEO: «I am excited to announce another major milestone for REE towards bringing our technology and products to the market as we expand our global footprint. With the recent announcement that we plan to go public via a SPAC through our merger with 10X Capital Venture Acquisition Corp. and funding from long-term strategic investors including Koch Strategic Platforms, Mahindra & Mahindra and Magna International, REE would have sufficient capital to accelerate mass production of REEcorner technology and modular EV platforms. The first REEcorners are expected to be delivered to customers in 2022, with mass production beginning in 2023. This new Engineering Center is a state-of-the-art facility allowing us to accelerate our validation, verification and testing as well as product homologation.»

REE’s technology empowers global mobility companies with the flexibility to build electric and autonomous cars, vans and trucks of any size or shape, for any application, and any target market. REE’s proprietary REEcorner X-by-wire technology integrates all critical vehicle components (steering, braking, suspension, powertrain and control) into the arch of the wheel. This groundbreaking concept, unique to REE, allows a completely flat and modular electric chassis and provides customers with full design freedom to create the broadest range of electric and autonomous vehicles. EVs and AVs built on REEcorner and EV platform technology will offer more room for passengers, cargo, and batteries in a manner unprecedented in the industry. REE’s proprietary technology is agnostic to vehicle size and design, power-source and driving mode (human or autonomous).

Lord Grimstone of Boscobel Kt, Minister for Investment at the Department for International Trade: «The UK is the most welcoming location for a pioneering automotive company like REE thanks to our leading position in both CAM and vehicle electrification. The Government’s multi-million ‘Driving the Electric Revolution’ program, which drives forward new solutions in automotive power electronics, motors and drives, has played a major role in bringing this exciting investment to the UK. I wish the company every success in its new home.»

Mike Charlton, REE’s COO, who is responsible for the launch stated, «A key driver in our decision to establish our presence in the UK is the UK government’s forward-thinking vision and zero-emissions policy that perfectly aligns with REE’s goal of heralding a more sustainable, greener future for our generation and those to come.»

The opening of REE’s new Engineering Center at MIRA Technology Park in the UK – Europe’s leading mobility R&D location for developing the latest automotive technology – is anticipated to create approximately 200 highly skilled jobs in the next few years.

About REE Automotive
REE is an automotive technology leader creating the cornerstone for tomorrow’s zero-emission vehicles. REE’s mission is to empower global mobility companies to build any size or shape of electric or autonomous vehicle – from class 1 through class 6 – for any application and any target market. Our revolutionary, award-winning REEcorner technology packs traditional vehicle drive components (steering, braking, suspension, powertrain and control) into the arch of the wheel, allowing for the industry’s flattest EV platform. Unrestricted by legacy thinking, REE is a truly horizontal player, with technology applicable to the widest range of target markets and applications. Fully scalable and completely modular, REE offers multiple customer benefits including complete vehicle design freedom, more space and volume with the smallest footprint, lower TCO, faster development times, ADAS compatibility, reduced maintenance and global safety standard compliance.

Headquartered in Tel Aviv, Israel, with subsidiaries in the USA, the UK and Germany. REE has a unique CapEx-light manufacturing model that leverages its Tier 1 partners’ existing production lines. REE’s technology, together with their unique value proposition and commitment to excellence, positions REE to break new ground in e-Mobility. For more information visit https://www.ree.auto.

About MIRA Technology Park
MIRA Technology Park is Europe’s leading mobility R&D location for developing the latest automotive technology. It is a national centre of excellence and located in the middle of the UK automotive sector, providing access to over 40 major test facilities and the UK’s most comprehensive proving ground. MIRA Technology Park is home to over 35 global OEMs, Tier 1 and specialist automotive technology companies. The purpose-designed campus creates a unique collaborative ecosystem, bringing together world-class facilities and skilled engineers, to provide a location for innovation and technological development.

Additional Information
This communication is being made in respect of the proposed transaction involving REE Automotive Ltd. («REE») and 10X Capital Venture Acquisition Corp («10X SPAC»). This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. In connection with the proposed transaction, REE will file with the Securities and Exchange Commission («SEC») a registration statement on Form F-4 that will include a proxy statement of 10X SPAC in connection with 10X SPAC’s solicitation of proxies for the vote by 10X SPAC’s shareholders with respect to the proposed transaction and other matters as may be described in the registration statement. REE and 10X SPAC also plan to file other documents with the SEC regarding the proposed transaction and a proxy statement/prospectus will be mailed to holders of shares of 10X SPAC’s Class A ordinary shares. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS ARE URGED TO READ THE FORM F-4 AND THE PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. The proxy statement/prospectus, as well as other filings containing information about REE and 10X SPAC will be available without charge at the SEC’s Internet site (http://www.sec.gov). Copies of the proxy statement/prospectus can also be obtained, when available, without charge, from REE’s website at https://ree.auto/. Copies of the proxy statement/prospectus can be obtained, when available, without charge, from 10X SPAC’s website https://www.10xspac.com/.

Participants in the Solicitations
REE, 10X SPAC and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from 10X SPAC’s shareholders in connection with the proposed transaction. You can find more information about 10X SPAC’s directors and executive officers in 10X SPAC’s final prospectus dated November 24, 2020 and filed with the SEC on November 25, 2020. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement/prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

No Offer or Solicitation
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an exemption therefrom.

Caution About Forward-Looking Statements
This communication includes forward-looking statements. These forward-looking statements are based on REE’s and 10X SPAC’s expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond REE’s and 10X SPAC’s control. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for REE or 10X SPAC to predict these events or how they may affect REE or 10X SPAC. Except as required by law, neither REE nor 10X SPAC has any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date this communication is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur. Uncertainties and risk factors that could affect REE’s and 10X SPAC’s future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination; the outcome of any legal proceedings that may be instituted against REE or 10X SPAC, the combined company or others following the announcement of the business combination; the inability to complete the business combination due to the failure to obtain approval of the shareholders of 10X SPAC or to satisfy other conditions to closing; changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations; the ability to meet stock exchange listing standards following the consummation of the business combination; the risk that the business combination disrupts current plans and operations of 10X SPAC or REE as a result of the announcement and consummation of the business combination; the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and retain its management and key employees; costs related to the business combination; changes in applicable laws or regulations; REE’s estimates of expenses and profitability and underlying assumptions with respect to shareholder redemptions and purchase price and other adjustments; intense competition in the e-mobility space, including with competitors who have significantly more resources; ability to grow and scale REE’s manufacturing capacity through new relationships with Tier 1 suppliers; ability to maintain relationships with current Tier 1 suppliers and strategic partners; ability to make continued investments in REE’s platform; the need to attract, train and retain highly-skilled technical workforce; the impact of the ongoing COVID-19 pandemic; changes in laws and regulations that impact REE; ability to enforce, protect and maintain intellectual property rights; and risks related to the fact that we are incorporated in Israel and governed by Israeli law; and other risks and uncertainties set forth in the section entitled «Risk Factors» and «Cautionary Note Regarding Forward-Looking Statements» in 10X SPAC’s final prospectus dated November 24, 2020 relating to its initial public offering and in subsequent filings with the SEC, including the proxy statement relating to the business combination expected to be filed by 10X SPAC.

Media Contact
Keren Shemesh
Chief Marketing Officer
REE Automotive
E: kerens@ree.auto
M: +972-54-5814333

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SOURCE REE Automotive

New Study Reveals Powerful Economic Impact Of Corn Refining Industry

WASHINGTON, Feb. 16, 2021 /PRNewswire/ — A new study reveals the immense economic impact of the corn refining industry, featuring a $47 billion economic output in 2020, working to strengthen rural America while producing a wide variety of value-added products and materials. The report…

The economic power of the corn wet-milling industry results in:

$3.328 billion in state and federal taxes
167,786 total jobs
$10.013 billion in total wages
$47 billion in total economic output

Corn is nature’s renewable building block and can be found in most products that comprise our everyday lives—shampoo, wallpaper, laundry detergent, yogurt, pharmaceuticals, packaging, pasta, and more. Annually, 10-15% of American corn farmers’ crops are refined in corn wet-milling facilities, where our nation’s cornerstone crop is converted into a valuable resource utilized all day, every day. For years, corn-related innovations in chemistry and technology have made food taste better, cosmetics last longer, pharmaceuticals easier to swallow and plastics environmentally friendly. Now, corn products are used in 3-D printing inks and studied by nanotechnology scientists as a method for delivering cancer treatments. From America’s corn fields to corn refining plants, new technology allows us to preserve resources for future generations.

«This report underscores the essential role America’s corn refiners play in our nation’s agricultural and economic value chain,» said John Bode, President & CEO of the Corn Refiners Association. «While our members represent some of the biggest names in value-added agriculture, they remain deeply rooted in rural America, where they serve as pillars of economic growth. They work to foster technological innovation, expand commercial opportunities, advance free trade, build the bioeconomy, and feed a hungry world.»

The economic study was completed by John Dunham and Associates. The study calculates the direct impact of the corn refining industry on jobs, wages, economic output and taxes at the national level. It also examines the economic impact on a state-by-state basis, as the association’s member companies operate 25 plants in ten states.

View the full report here: https://corn.org/economic-impact/

The Corn Refiners Association (CRA) is the national trade association representing the corn refining industry of the United States. CRA and its predecessors have served this important segment of American agribusiness since 1913. Corn refiners manufacture sweeteners, starch, advanced bioproducts, corn oil and feed products from corn components such as starch, oil, protein and fiber.

Contact: tparks@corn.org

View original content:http://www.prnewswire.com/news-releases/new-study-reveals-powerful-economic-impact-of-corn-refining-industry-301227812.html

SOURCE Corn Refiners Association