Valmet Automotive has today (September 22, 2020) published the Group’s first sustainability report. As the company aims at a vanguard status of sustainable development in the automotive industry, the report presents comprehensively the main themes of sustainable development, strategic priorities and goals, as well as the highlights of 2019. The report will be published annually.… Continue reading Valmet Automotive published the first Sustainability Report
Author: BusinessWire Online News
Quanergy and SAIMOS Partner to Offer Integrated AI-based LiDAR, Video Analytics and Geographic Information System Solutions
SUNNYVALE, Calif.–(BUSINESS WIRE)– #3Dlidarintegrationwithgentec–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today announced a partnership with SAIMOS® (Situational Awareness, Infrastructure Management & Operation’s Security), an Austrian software development company that offers AI-based video analytics and Geographic System Information (GIS) solutions. The jointly developed solutions combine Quanergy’s… Continue reading Quanergy and SAIMOS Partner to Offer Integrated AI-based LiDAR, Video Analytics and Geographic Information System Solutions
Valmet Automotive is making battery systems a new company cornerstone
Valmet Automotive is expecting its sales from the Electric Vehicles (EV) batteries business to reach the level or even surpass that of vehicle contract manufacturing within the next few years. The growth will focus on the EV Systems business line with its battery system engineering and manufacturing services, but the company strategy emphasizes the importance… Continue reading Valmet Automotive is making battery systems a new company cornerstone
Valmet Automotive’s car plant is approaching CO2 neutrality ahead of schedule
Valmet Automotive has signed a supply contract for fossil-free district heating to the Uusikaupunki car plant. Together with the earlier supply contract for fossil-free electricity, the car plant has already reduced its CO2 emissions by 70 % since 2019. The car plant is aiming at carbon-neutral production by the end of 2021. Valmet Automotive has entered… Continue reading Valmet Automotive’s car plant is approaching CO2 neutrality ahead of schedule
Valmet Automotive sets up small series production for electric vehicles in Helmstadt-Bargen
Valmet Automotive, one of the world’s largest vehicle contract manufacturers and engineering service providers focusing on electric mobility, is expanding its site in Helmstadt-Bargen, Baden-Württemberg, Germany, to produce electrically powered small series vehicles for urban mobility. This was announced by Dr. Robert Hentschel, SVP Engineering at Valmet Automotive, during a visit of Dr. Nicole Hoffmeister-Kraut,… Continue reading Valmet Automotive sets up small series production for electric vehicles in Helmstadt-Bargen
Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today announced that its Board of Directors has declared a cash dividend of $0.17 per share on the Company’s common stock… Continue reading Allison Transmission Declares Quarterly Dividend
Grammer AG: First half of 2020 significantly impacted by the effects of the COVID-19 pandemic
Grammer AG: First half of 2020 significantly impacted by the effects of the COVID-19 pandemic -Group revenue declines by 30 percent to 735.8 million euros in the first six month-EBIT impacted by one-time effects amounting to -24.2 million euros -Operating EBIT of -45.7 million euros in the first half of the year-Increase in existing syndicated loan… Continue reading Grammer AG: First half of 2020 significantly impacted by the effects of the COVID-19 pandemic
Allison Transmission Announces Second Quarter 2020 Results
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today reported net sales for the second quarter of $377 million, a 49 percent decrease from the same period in 2019.… Continue reading Allison Transmission Announces Second Quarter 2020 Results
Toyoda Gosei to Partner With Ossia Inc., a World Leader in Wireless Power
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has concluded a joint development agreement with Ossia Inc., a U.S. startup that leads the world in the field of wireless power solutions. The two companies will work to apply wireless power technology in vehicle cabins, smart cities, and more. In recent years, Toyoda Gosei has focused increasingly… Continue reading Toyoda Gosei to Partner With Ossia Inc., a World Leader in Wireless Power
Quanergy Unveils the M1 Sensor With Highest Accuracy for Mid-Long Range Industrial Measurement Applications
SUNNYVALE, Calif.–(BUSINESS WIRE)– #3Dlidarintegrationwithgentec–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today unveiled M1, a next generation 2D industrial LiDAR sensor for mid- to long-range, high precision measurement applications. The M1 joins the company’s M-Series to expand its industrial product portfolio by offering twice the price-performance… Continue reading Quanergy Unveils the M1 Sensor With Highest Accuracy for Mid-Long Range Industrial Measurement Applications