SUNNYVALE, Calif.–(BUSINESS WIRE)– #AoT–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced a partnership with industrial automation distributor Power Motion to deliver 2D and 3D LiDAR solutions for industrial automation throughout the South Central United States. Power Motion offers a broad portfolio… Continue reading Quanergy Expands Its Distribution of Industrial LiDAR Solutions with PowerMotion
Author: BusinessWire Online News
Daimler Truck AG and Cummins Inc. Have Signed Global Framework Agreement for Cooperation in Medium-duty Commercial Vehicle Engines
STUTTGART, Germany & COLUMBUS, Ind.–(BUSINESS WIRE)–Daimler Truck AG and U.S.-based global power leader and engine manufacturer Cummins Inc. (NYSE: CMI) announced in February that they would enter into a global strategic partnership for medium-duty engines. The details of the agreement have been established and the framework agreement has been signed by both companies. Under the… Continue reading Daimler Truck AG and Cummins Inc. Have Signed Global Framework Agreement for Cooperation in Medium-duty Commercial Vehicle Engines
Quanergy Demonstrates the Industry First OPA-based Solid State LiDAR with 100 Meter Range
SUNNYVALE, Calif.–(BUSINESS WIRE)– #Automotive–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 driving 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… Continue reading Quanergy Demonstrates the Industry First OPA-based Solid State LiDAR with 100 Meter Range
Cummins Reports Second Quarter 2021 Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2021. Second quarter revenues of $6.1 billion increased 59 percent from the same quarter in 2020. Sales in North America increased 74 percent while international revenues increased 42 percent driven by strong demand across all global markets compared to the same… Continue reading Cummins Reports Second Quarter 2021 Results
Quanergy and Agia Solutions Partner to Deliver LiDAR-based Solutions for Security, and Mining markets in Latin America
SUNNYVALE, Calif.–(BUSINESS WIRE)– #AoT–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced a partnership with Agia Solutions, a technology system integrator serving Peru, Argentina, Chile, and Uruguay. Headquartered in Peru, Agia Solutions was established in 2007 as a technology system integrator focusing… Continue reading Quanergy and Agia Solutions Partner to Deliver LiDAR-based Solutions for Security, and Mining markets in Latin America
Allison Transmission Announces Second Quarter 2021 Results
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), 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, today reported a 60 percent increase in net sales from the same period in 2020, as the recovery in… Continue reading Allison Transmission Announces Second Quarter 2021 Results
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