Business

Autonomy EV subscriptions available on J.D. Power website

By David Sickels
October 7, 2022

Autonomy is now offering access to its services on JDPower.com. Now, consumers shopping for a vehicle on JDPower.com will be able to learn more about EV subscriptions by clicking on an Autonomy ad on the website. The Autonomy service is currently available in California and is gearing up for expansion to other regions of the country, the company says.

Eligible visitors to JDPower.com will be offered access to the Autonomy EV subscription service by clicking on Autonomy ads that appear when they are searching for relevant vehicle inventory or conducting EV research. Interested consumers can download the Autonomy app, scan their driver’s licenses, add a digital payment method and enter insurance information to subscribe to a vehicle.

BorgWarner acquires Hubei SSE charging business

SSE’s electrification capabilities in China are expected to complement BorgWarner in Europe and North America.

By David Sickels
March 9, 2023

BorgWarner-Santroll-eMotor-Handshake-1400

BorgWarner has agreed to acquire the electric vehicle solution, smart grid and smart energy businesses of Hubei Surpass Sun Electric (SSE). The transaction has an enterprise value of up to RMB 410 million (approx. $59.36 million).

Headquartered in Xiangyang, Hubei province, China, SSE’s electrification business supplies patented electric vehicle charging solutions to customers in China and more than 70 other countries. SSE says it has delivered over 50,000 charging points and has led the engineering, procurement, and construction (EPC) of more than 250 charging station sites. SSE’s charging and electrification capabilities in China are expected to complement BorgWarner’s existing capabilities in Europe and North America, the companies say. SSE’s 2022 revenues for the electrification business are expected to be approximately RMB 180 million (approx. $26.06 million).