Author: BusinessWire Online News

Quanergy’s 3D LiDAR Solution Selected for First V2X Smart City Deployment in Korea

SUNNYVALE, Calif.–(BUSINESS WIRE)– #Busan–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced its 3D LiDAR solution has been selected to support the development of an Information, Communication, and Technology (ICT) system in Busan, South Korea. The ICT system is a key component… Continue reading Quanergy’s 3D LiDAR Solution Selected for First V2X Smart City Deployment in Korea

Valmet Automotive entering into manufacturing contract with EV brand Lightyear

From left to right: Ville Rantala – Project Manager (Valmet Automotive), Hans Heijmans – COO (Lightyear), Gerard Berkelmans – VP Strategic Sourcing & Procurement (Lightyear), Matti Räsänen – VP Sales (Valmet Automotive), Wim van Stratum – VP Operations (Lightyear) Valmet Automotive has signed a letter of intent on vehicle manufacturing with Lightyear, the Netherlands-based technology… Continue reading Valmet Automotive entering into manufacturing contract with EV brand Lightyear

Chevron and Cummins Announce Strategic Collaboration on Hydrogen

SAN RAMON, Calif. & COLUMBUS, Ind.–(BUSINESS WIRE)–Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc., (NYSE: CMI) a global power and hydrogen technologies leader, announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. The MOU provides… Continue reading Chevron and Cummins Announce Strategic Collaboration on Hydrogen

Preliminary figures for the second quarter 2021

Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) Preliminary figures for the second quarter 2021 Ursensollen, July 14, 2021 – On the basis of its preliminary figures, GRAMMER AG expects Group revenue of around 469 million euros for the second quarter of 2021, significantly… Continue reading Preliminary figures for the second quarter 2021

Quanergy Selected by PARIFEX as Exclusive Supplier of Long-Range 3D LiDAR for Highway Speed Detection and Enforcement

SUNNYVALE, Calif. & PARIS–(BUSINESS WIRE)– #IIoT–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced that it has expanded its exclusive agreement with PARIFEX, a leading solution provider in project management for speed enforcement and smart cities, to deploy Quanergy’s M-Series 3D-LiDAR sensors… Continue reading Quanergy Selected by PARIFEX as Exclusive Supplier of Long-Range 3D LiDAR for Highway Speed Detection and Enforcement

Cummins Begins Testing of Hydrogen Fueled Internal Combustion Engine

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) has taken another step forward in advancing zero carbon technology as the company began testing a hydrogen-fueled internal combustion engine. The proof-of-concept test is building on Cummins’ existing technology leadership in gaseous-fuel applications and powertrain leadership to create new power solutions that help customers meet the energy and environmental… Continue reading Cummins Begins Testing of Hydrogen Fueled Internal Combustion Engine

Extension of Valmet Automotive´s battery testing facilities progressing rapidly

Construction work for the expansion of the Valmet Automotive Battery Test Center (BTC) in Bad Friedrichshall, Germany is progressing rapidly. The installation of six additional fireproof test rooms has largely been completed. Test operations are scheduled to start as early as September. The expansion of testing capacities for high-voltage batteries is taking place in parallel… Continue reading Extension of Valmet Automotive´s battery testing facilities progressing rapidly

Valmet Automotive intensifies recruitment in the summer

This year, Valmet Automotive has recruited 650 new employees for car and battery manufacturing through online campaigns, meeting more than half of the need for a thousand people. Additional employees will be needed for both business lines already in August-September and therefore, online recruitment campaigns will be intensified during the summer. With the current campaign,… Continue reading Valmet Automotive intensifies recruitment in the summer

Quanergy Announces New Strategic Collaboration with Sensata Technologies

SUNNYVALE, Calif.–(BUSINESS WIRE)– #IIoT–Quanergy, a leading provider of next-generation OPA-based solid state LiDAR sensors, and Sensata Technologies (NYSE: ST), a leading industrial technology company and provider of sensor-rich solutions that create insight for customers, announced today a new strategic collaboration to focus on helping Quanergy bring affordable, smart LiDAR and 3D perception technologies to market.… Continue reading Quanergy Announces New Strategic Collaboration with Sensata Technologies