KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed a lighter weight oil pump, one of the component parts in automobile transmissions, by making some sections of the pump with plastic instead of metal. Oil pumps circulate oil to decrease friction in the transmission gears and bearings. Toyoda Gosei has leveraged one of its core… Continue reading Toyoda Gosei Develops Lightweight Oil Pump
Author: BusinessWire Online News
A Zero Emissions Future Starts Now: Werner Enterprises and Cummins Announce Collaboration to Integrate Cummins’ New 15-liter Natural Gas and 15-liter Hydrogen Internal Combustion Engines
COLUMBUS, Ind.–(BUSINESS WIRE)–Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, and Cummins Inc. (NYSE: CMI), global power solutions provider, have announced that Werner will begin validation and integration of Cummins’ recently announced 15-liter natural gas and 15-liter hydrogen internal combustion engines in its vehicles. Cummins will begin integrating these new powertrains in Werner… Continue reading A Zero Emissions Future Starts Now: Werner Enterprises and Cummins Announce Collaboration to Integrate Cummins’ New 15-liter Natural Gas and 15-liter Hydrogen Internal Combustion Engines
Valmet Automotive strengthens significantly its financial resources
Valmet Automotive strengthens its working capital financing with a EUR 100 million loan granted by Finnvera, a specialized financing company owned by the State of Finland, and guaranteed by the European Investment Bank’s Pan-European Guarantee Fund. The credit demonstrates the financial sector’s confidence in Valmet Automotive’s business strategy and growth, and it supports the company’s development… Continue reading Valmet Automotive strengthens significantly its financial resources
Electric mobility: Valmet Automotive further expands Kinematic Systems product range
Valmet Automotive, a global leader in vehicle contract manufacturing and Tier-1 supplier of battery systems and roof and kinematic solutions, significantly expands its comprehensive product range of kinematic systems for electric vehicles. Due to the strong market trend to electric mobility, the company expects high growth potential in the business of additional comfort systems, but… Continue reading Electric mobility: Valmet Automotive further expands Kinematic Systems product range
Isuzu and Cummins Announce Battery Electric Truck Collaboration
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited announced an agreement to create a prototype medium-duty, battery electric truck to demonstrate in North America. This truck represents the first zero-emissions solution facilitated by the Isuzu Cummins Powertrain Partnership (ICPP) formed in May 2019. Through this arrangement, Cummins will integrate the Cummins PowerDrive6000 into… Continue reading Isuzu and Cummins Announce Battery Electric Truck Collaboration
Allison Transmission Invests in Autotech Ventures, Obtaining Unique Access to Global Mobility Startups
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions, is pleased to announce it has committed to a $15 million investment in Autotech Ventures, a venture capital firm that’s helping to pave the way for the next frontier of mobility. Based in Silicon Valley, Autotech invests in and provides… Continue reading Allison Transmission Invests in Autotech Ventures, Obtaining Unique Access to Global Mobility Startups
Velodyne Lidar Signs Five-Year Sales Agreement with QinetiQ
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar announced a five-year sales agreement for its lidar sensors with QinetiQ, a leading defense and security company. Go to Source
Allison Transmission Delivers 2 Millionth 1000/2000 Series Transmission
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions, is pleased to announce the delivery of its 2 millionth 1000/2000 Series transmission, a milestone in the company’s history of providing reliable, durable transmissions for light and medium duty commercial vehicles. The transmission was delivered to Penske Truck Leasing, a… Continue reading Allison Transmission Delivers 2 Millionth 1000/2000 Series Transmission
Velodyne Lidar Provides Perception Technology for ROBORACE Autonomous Racing Series
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar announced ROBORACE has selected Velodyne as the official lidar sensor provider in its next generation autonomous race cars. Go to Source
Allison Transmission Recognized for Supplier Quality by Daimler Truck North America
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial vehicles is honored to be named a recipient of the 2020 Masters of Quality award from Daimler Truck North America (DTNA), North America’s largest heavy-duty truck manufacturer. The annual award program recognizes DTNA suppliers that have received high scores… Continue reading Allison Transmission Recognized for Supplier Quality by Daimler Truck North America