Author: BusinessWire Online News

Allison Transmission Reschedules Third Quarter 2021 Earnings Conference Call

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today announced that it has rescheduled its third quarter 2021 financial results conference call to 5:00… Continue reading Allison Transmission Reschedules Third Quarter 2021 Earnings Conference Call

Quanergy Further Extends the Range of Its OPA-Based Multi-Beam Solid State LiDAR to 130 Meter

SUNNYVALE, Calif.–(BUSINESS WIRE)– #130meterrange–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the successful demonstration of its S3 Series LiDAR, a true solid state LiDAR sensor using an industry-first Optical Phased Array (OPA) technology and a scalable CMOS silicon manufacturing process for… Continue reading Quanergy Further Extends the Range of Its OPA-Based Multi-Beam Solid State LiDAR to 130 Meter

Cummins Collaborates Across Autonomous Vehicle System Providers to Offer Leading Powertrain Solutions

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI), a global power technology leader, will be launching a set of software features to integrate its powertrains with Automated Driving System (ADS) technologies. Cummins is a market leader in delivering powertrains that provide leading performance and fuel economy through the integration of hardware and software. With these new software… Continue reading Cummins Collaborates Across Autonomous Vehicle System Providers to Offer Leading Powertrain Solutions

New automotive production site in Shenyang: Grammer continuing to expand in China

Grammer pursuing its growth strategy in China with an expanded footprint  State-of-the-art production of high-quality interior components started in July   Further expansion stages already being planned for new site in Shenyang Grammer AG, September 29, 2021 – Grammer is expanding in the Chinese automotive market: On September 28, 2021, the company opened a new… Continue reading New automotive production site in Shenyang: Grammer continuing to expand in China

Toyoda Gosei Invests in E-ThermoGentek, a Specialist in Thermoelectric Power Generation

KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) invested in startup E-ThermoGentek Co., Ltd., which possesses original thermoelectric power generation technology that converts heat to electricity, in August 2021. As it moves toward achieving carbon neutrality by 2050, Toyoda Gosei is switching to the latest energy-saving equipment and machinery and expanding its use of renewable energy.… Continue reading Toyoda Gosei Invests in E-ThermoGentek, a Specialist in Thermoelectric Power Generation

Jing-Jin Electric and Allison Transmission Partner to Accelerate Development of Commercial Vehicle Electrified Powertrain Solutions for Global Markets

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, and Jing-Jin Electric (JJE), a Chinese electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers, have signed a broad, global strategic collaboration partnership agreement to accelerate the development of industry-leading electrified… Continue reading Jing-Jin Electric and Allison Transmission Partner to Accelerate Development of Commercial Vehicle Electrified Powertrain Solutions for Global Markets

Allison Transmission Signs Agreement to Acquire India-Based AVTEC’s Off-Highway Transmission Portfolio and Off-Highway Component Machining Business

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 it has signed an asset purchase agreement to acquire the transmission portfolio of India-based AVTEC Ltd.’s off-highway business… Continue reading Allison Transmission Signs Agreement to Acquire India-Based AVTEC’s Off-Highway Transmission Portfolio and Off-Highway Component Machining Business

Toyoda Gosei Increases Interior/Exterior Part Production Capacity in USA

KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO: 7282) is expanding production capacity at TG Missouri Corporation, one of its American production subsidiaries, to further develop its production network in the key North American market. In addition to expansion of TG Missouri’s Headquarters Plant (Perryville Plant), a new building has been purchased for the Indiana Plant,… Continue reading Toyoda Gosei Increases Interior/Exterior Part Production Capacity in USA

Valmet Automotive’s Salo battery plant gets a second customer, plant extension completed

Valmet Automotive has received a second battery manufacturing contract for the Salo battery plant. The new contract will expand the Salo plant production into high voltage batteries. At the same time, the extension of the Salo plant has been completed on schedule. The new building extends the plant’s logistics and production areas. The new customer… Continue reading Valmet Automotive’s Salo battery plant gets a second customer, plant extension completed