SUNNYVALE, Calif.–(BUSINESS WIRE)– #LiDAR–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today announced the installation of its M-Series 3D LiDAR solution for one of the largest port operators in the world, Shandong Port Group Co, Ltd. in China. Deployed in partnership with Shanghai Rays Information Technology… Continue reading Quanergy and Shanghai Rays Accelerate Shandong Port Group’s Terminal Automation with 3D LiDAR Technology
Author: BusinessWire Online News
Cummins Names Lamb-Hale Vice President and General Counsel
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today Nicole Y. Lamb-Hale is succeeding Sharon Barner as Vice President and General Counsel, effective in May. The company announced on February 2 that Barner is being promoted to Vice President and Chief Administrative Officer. “Nicole is a dynamic, strategic and effective leader with global experience and a… Continue reading Cummins Names Lamb-Hale Vice President and General Counsel
AEye and CF Finance Acquisition Corp. III Announce Continental AG’s Participation in $225 Million Pipe Offering
DUBLIN, Calif. & NEW YORK–(BUSINESS WIRE)– #PIPE–AEye and CF III announce that Continental AG is participating in the PIPE offering connected with the company’s merger agreement. Go to Source
Daimler Truck AG and Cummins Inc. Announce Global Plan for Medium Duty Commercial Vehicle Engines
STUTTGART, Germany & COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Daimler Truck AG and global power leader and independent engine manufacturer Cummins Inc. (NYSE: CMI) announced that the companies have signed a memorandum of understanding establishing a global strategic partnership for medium duty engine systems. The companies added that other opportunities for collaboration are also being evaluated. As part… Continue reading Daimler Truck AG and Cummins Inc. Announce Global Plan for Medium Duty Commercial Vehicle Engines
Cummins Makes Several Key Leadership Appointments
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today that several leaders were appointed to new key roles, effective March 1. These appointments are consistent with the company’s approach to leadership development and succession planning to ensure the company is best positioned for continued growth and success. “The world is rapidly changing and we need strong… Continue reading Cummins Makes Several Key Leadership Appointments
Allison Transmission Increases Quarterly Dividend by 12 Percent and Announces Annual Stockholders Meeting and Record Date
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that its board of directors has approved an increase in the Company’s quarterly dividend from $0.17 to $0.19 per share on the Company’s common stock. The Company’s board of directors also declared a cash dividend of $0.19 per share on the company’s common stock for the… Continue reading Allison Transmission Increases Quarterly Dividend by 12 Percent and Announces Annual Stockholders Meeting and Record Date
Walker Die Casting is Positioned to Deliver Unique Customer Solutions
INDIANAPOLIS–(BUSINESS WIRE)–Since being acquired by Allison Transmission in the fall of 2019, Walker Die Casting has embarked upon a multifaceted improvement program to build upon an already rich history and continue providing innovative aluminum die casting solutions well into the future. Allison has made a substantial investment in Walker Die Casting, which has been used… Continue reading Walker Die Casting is Positioned to Deliver Unique Customer Solutions
Velodyne Lidar Signs Five-Year Sales Agreement with ThorDrive
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar announced a five-year sales agreement to provide Ultra Puck™ sensors to ThorDrive, an autonomous technology company. Go to Source
Valmet Automotive increases jobs in Germany for electric vehicle battery engineering
Valmet Automotive, one of the world’s leading contract manufacturers for passenger cars and Tier 1 system supplier for battery systems for electric powered vehicles, is expanding its engineering activities for e-mobility and creating new positions for engineers, technicians and various support functions in Germany. Valmet Automotive has become a leading company in the development and production… Continue reading Valmet Automotive increases jobs in Germany for electric vehicle battery engineering
GILLIG to Offer Allison Transmission’s Next Generation eGen Flex™ Electric Hybrid Propulsion System Beginning In 2021
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, in partnership with GILLIG, a leading manufacturer of heavy-duty transit buses in the United States, today announced that beginning in 2021, GILLIG will offer Allison’s eGen Flex™ electric hybrid propulsion system. “GILLIG and Allison have partnered for nearly… Continue reading GILLIG to Offer Allison Transmission’s Next Generation eGen Flex™ Electric Hybrid Propulsion System Beginning In 2021