KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed full color LED lamps that infuse vehicle interiors with colored light. The hue can be changed freely from among 64 colors to suit the user’s mood and respond in various other ways to individual preferences. Previous LED vehicle interior lamps produced slight differences in color in… Continue reading Toyoda Gosei Develops Full Color LED Vehicle Interior Lamps
Author: BusinessWire Online News
Grammer investing in more sustainable products: Alternative materials and lightweight design improving economic footprint
Raw materials account for up to 70 percent of the carbon footprint of products Partnership forged with the Institute of Plastics and Circular Economy at Leibniz University Hannover, Germany: advice on materials, support for life cycle assessments Grammer AG, December 2, 2021 – Hemp, wood and flax as the basis for biopolymers (plastics made… Continue reading Grammer investing in more sustainable products: Alternative materials and lightweight design improving economic footprint
Valmet Automotive introduces Modular Battery Platform to electrify Off-highway
Valmet Automotive introduces its own Modular Battery Platform product family with the first product, the Modular Power Pack. With this platform, Valmet Automotive offers a benchmark electrification solution to off-highway and truck & bus OEMs as well as integrators. The Modular Battery Platform provides a unique combination of performance, integration flexibility, lifetime and competitive pricing.… Continue reading Valmet Automotive introduces Modular Battery Platform to electrify Off-highway
Cummins Invests in Sion Power to Develop Lithium Metal Technology
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) has entered into an agreement with Sion Power Corporation, a leading developer of high-energy rechargeable battery technology, to design and supply battery cells based on their proprietary lithium metal technology for commercial vehicle applications. In connection with the agreement, Cummins has made an investment in Sion Power. The investment… Continue reading Cummins Invests in Sion Power to Develop Lithium Metal Technology
Isuzu Enters Class 7 Market in North America with F-Series Featuring Allison Rugged Duty Series Transmission
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that its 2500 Rugged Duty SeriesTM (RDS) six-speed fully automatic transmission has been integrated into Isuzu Commercial Truck of… Continue reading Isuzu Enters Class 7 Market in North America with F-Series Featuring Allison Rugged Duty Series Transmission
Cummins Reports Third Quarter 2021 Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2021. Third quarter revenues of $6.0 billion increased 17 percent from the same quarter in 2020. Sales in North America increased 13 percent while international revenues increased 22 percent driven by strong demand across all global markets outside of China compared… Continue reading Cummins Reports Third Quarter 2021 Results
Quanergy Releases Advanced 3D Perception Software Capabilities for Smart City and Security
SUNNYVALE, Calif.–(BUSINESS WIRE)– #3d–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the release of QORTEX DTC 2.2, the latest version of its 3D perception software, designed for advanced smart city and security applications. In June, Quanergy entered into a definitive merger… Continue reading Quanergy Releases Advanced 3D Perception Software Capabilities for Smart City and Security
GRAMMER AG: Robust business performance in the first nine months – despite an increasingly challenging market environment
Revenue from January to September 2021 rises by 17.3% to 1,404.7 million euros Operating EBIT in the first nine months of 2021 at 30.7 million euros (01-09 2020: –23.3 million euros) Strongest revenue growth in APAC (+25.8%), followed by EMEA (+17.1%) and AMERICAS (+13.1%) Division Commercial Vehicles continues above-average growth in all regions Business development… Continue reading GRAMMER AG: Robust business performance in the first nine months – despite an increasingly challenging market environment
Valmet Automotive is building a biogas terminal for the Uusikaupunki plant
Valmet Automotive has signed an agreement to build a biogas terminal on the Uusikaupunki plant site. The terminal is an important part of the company’s strategic sustainability program and it plays a decisive role in realizing CO2 neutrality of the Uusikaupunki site by eliminating CO2 emissions, reducing energy consumption and improving energy efficiency. Valmet Automotive’s… Continue reading Valmet Automotive is building a biogas terminal for the Uusikaupunki plant
Allison Transmission Makes Strategic Equity Investment in Jing-Jin Electric Technologies
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, today announced that it will participate in the initial public offering (IPO) of Jing-Jin Electric (JJE), a leader in electric motor, inverter, and integrated electrified propulsion systems within the largest electric vehicle market in the world. As… Continue reading Allison Transmission Makes Strategic Equity Investment in Jing-Jin Electric Technologies