COLUMBUS, Ind.–(BUSINESS WIRE)–On December 14, the Board of Directors of Cummins Inc. (NYSE: CMI) authorized the Company to repurchase up to $2 billion in shares of common stock upon completion of its 2019 $2 billion share repurchase program. “The latest share repurchase program reinforces our commitment to delivering strong returns to shareholders and reflects our… Continue reading Cummins Inc. Approves Share Repurchase Program
Author: BusinessWire Online News
Envision the Future of Autonomous Solutions with Velodyne Lidar at CES 2022
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar will demonstrate its revolutionary lidar sensors and software that power autonomous solutions at CES 2022. Go to Source
Securitas France Partners With Quanergy to Unveil the Security Market’s First Mobile Surveillance Solution With Integrated 3D LiDAR Technology
SUNNYVALE, Calif. & PARIS–(BUSINESS WIRE)– #Mobile–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced a collaboration with Securitas France, a leader in intelligent protective services. The collaboration provides the security industry’s first remote mobile surveillance solution with 3D LiDAR integration. The mobile… Continue reading Securitas France Partners With Quanergy to Unveil the Security Market’s First Mobile Surveillance Solution With Integrated 3D LiDAR Technology
Allison Transmission Grows Its Global Presence in Wheeled Tactical Defense Vehicles
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles has been selected by the Israeli Ministry of Defense for their future Infantry Fighting Vehicle. The Israeli Ministry of Defense selected the Allison 4800 Specialty Series™ (SP)… Continue reading Allison Transmission Grows Its Global Presence in Wheeled Tactical Defense Vehicles
LiDAR Technology Firm Blickfeld Announces Extension of Series A Funding to $31m
MUNICH–(BUSINESS WIRE)–Blickfeld, the start-up developing high performance LiDAR sensing technology, announces the extension of the company’s Series A funding. Go to Source
Toyoda Gosei Develops Full Color LED Vehicle Interior Lamps
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
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