SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems, Inc., (NYSE:QNGY) a leading provider of LiDAR sensors and smart 3D solutions, announced today that Nanjing Port (Group) Co., Ltd., has successfully deployed Quanergy’s M-Series LiDAR sensors. Quanergy’s partner, Nanjing Jiuao Technology Co., Ltd., developed the solution and managed the installation and integration. Nanjing Port needed an effective detection and warning… Continue reading Quanergy’s M-Series LiDAR Sensors Help Busy Chinese Port Reduce Accidents and False Alarms
Author: BusinessWire Online News
Cummins Reports Second Quarter 2022 Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2022. Second quarter revenues of $6.6 billion increased 8 percent from the same quarter in 2021. Sales in North America increased 15 percent while international revenues decreased 2 percent, driven primarily by a slowdown in China and the indefinite suspension of… Continue reading Cummins Reports Second Quarter 2022 Results
Cummins collaborates with company pioneering energy storage technology to advance Destination Zero strategy
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI), a global power technology leader announces an investment of $24M into VoltStorage, a leading technology company producing energy storage systems based on environmentally friendly redox flow technology. “Cummins is committed to developing a range of solutions that will enable our customers’ success as we advance our Destination Zero… Continue reading Cummins collaborates with company pioneering energy storage technology to advance Destination Zero strategy
Allison eGen FlexTM Electric Hybrid Propulsion System Spurs Growth of Clean Transportation in the Midwest
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce the continued success of the next generation eGen Flex™ electric hybrid propulsion system, with several public transit agencies in the Midwest selecting the Allison eGen Flex for their buses. The Metropolitan Evansville Transit System, which provides public transportation services for Evansville, Indiana, will integrate GILLIG buses equipped with… Continue reading Allison eGen FlexTM Electric Hybrid Propulsion System Spurs Growth of Clean Transportation in the Midwest
Floats, glides, is light, sustainable and intelligent: Grammer reinventing the center console
From a “framed gearshift lever” to a design highlight for modern interiors Multivariable module for controls, stowage, and comfort With 30 years of expertise, Grammer a sought-after partner to OEMs worldwide Grammer AG, July 28, 2022 – Lounge tables that glide silently through the interior, a seamless design featuring shy tech, stylish boxes… Continue reading Floats, glides, is light, sustainable and intelligent: Grammer reinventing the center console
Valmet Automotive to manufacture contract for Mercedes-AMG GT 4-Door Coupé
Valmet Automotive has signed a contract with Mercedes-Benz Group AG to manufacture the Mercedes-AMG GT sports car. The plant will be manufacturing the 4-door version of the AMG GT both as ICE and hybrid versions. The start of production is scheduled for the second half of 2023 at the Uusikaupunki car plant. Valmet Automotive has already… Continue reading Valmet Automotive to manufacture contract for Mercedes-AMG GT 4-Door Coupé
U.S Army’s Newest Armored Combat Vehicle Powered By Allison Transmission
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles will provide the transmission for the U.S. Army’s first newly designed armored combat vehicle fielded in more than four decades. The Mobile Protected Firepower (MPF) program is one of the U.S. Army’s highest priority modernization initiatives.… Continue reading U.S Army’s Newest Armored Combat Vehicle Powered By Allison Transmission
Production of Interior and Exterior Products Begins at Toyoda Gosei Group Miyagi Ohira Plant
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) Group company Toyoda Gosei East Japan Co., Ltd. has begun production of large plastic automotive parts at its Miyagi Ohira Plant in July 2022. The Miyagi Ohira Plant will produce front grilles and other plastic painted products close to its customer, Toyota Motor East Japan, Inc. These products… Continue reading Production of Interior and Exterior Products Begins at Toyoda Gosei Group Miyagi Ohira Plant
Valmet Automotive listed among the world’s 100 largest automotive suppliers
Driven by the strong growth in EV Systems, Valmet Automotive for the first time was recognized the world’s 100 largest automotive suppliers. In the Top 100 Automotive Suppliers Global Ranking 2022 now published by the German automotive specialist magazine Automobil Produktion and in cooperation with the global consultancy Roland Berger, Valmet Automotive ranks 86 based on 2021… Continue reading Valmet Automotive listed among the world’s 100 largest automotive suppliers
Calfrac Integrates Allison Next Generation Hydraulic Fracturing Transmission into Oil Field Operations
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce that Calfrac Well Services Ltd., one of the largest hydraulic fracturing companies in the world, has introduced the Allison FracTran® into its field operations. Designed from the ground up to meet the unique demands of the fracturing industry, Allison’s latest innovation in the Oil Field Series™ product line… Continue reading Calfrac Integrates Allison Next Generation Hydraulic Fracturing Transmission into Oil Field Operations