SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems, Inc., (NYSE: QNGY) (“Quanergy”) a leading provider of LiDAR sensors and smart 3D solutions, today announced the M1 Edge PoE LiDAR sensor, building on the company’s M1 Edge™ solution. This new IoT sensor expands Quanergy’s presence in the security Perimeter Intrusion Detection (PID) market, by providing higher detection accuracy at a… Continue reading Quanergy Announces World’s First 2D 360° PoE LiDAR Sensor
Category: News Type
Allison Transmission Announces Second Quarter 2022 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 net sales for the second quarter of $664 million, a 10 percent increase from the same period… Continue reading Allison Transmission Announces Second Quarter 2022 Results
@Geely: Geely Holding 11th Year on Fortune Global 500
Geely Holding 11th Year on Fortune Global 500 : Geely Global Media Center August 4, 2022 | Geely Holding ranked 229th in 2022 Fortune Global 500, up 10 places from previous year. Geely Holding listed on Fortune Global 500 for eleven consecutive years. 2022 August 03, Hangzhou China. Zhejiang Geely Holding Group (Geely Holding), China’s largest… Continue reading @Geely: Geely Holding 11th Year on Fortune Global 500
06:59 ETDana Incorporated Reports Second-quarter 2022 Financial Results, Generates Strong Free Cash Flow and Maintains Sales Guidance…
Key Highlights Sales of $2.59 billion, an increase of $381 million Net income attributable to Dana of $8 million Diluted EPS of $0.06 Adjusted EBITDA of $162 million Diluted adjusted EPS of $0.08 Free cash flow of $167 million, an increase of $180 million MAUMEE, Ohio, August 3, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN)… Continue reading 06:59 ETDana Incorporated Reports Second-quarter 2022 Financial Results, Generates Strong Free Cash Flow and Maintains Sales Guidance…
Lyft assured no layoffs were coming — now employees are scrambling for their next gig
The day before Lyft shut down its in-house rental service and laid off close to 60 employees, the team in charge of the program was consumed by what they thought was a much bigger problem. Throughout June, the rentals team had attempted to get the service up and running in New York without success. The… Continue reading Lyft assured no layoffs were coming — now employees are scrambling for their next gig
This startup just raised $320M to make long-term care inside hospitals obsolete
Cera, a U.K. provider of healthcare inside people’s homes augmented by a platform that allows carers to monitor a patient’s health and potentially flag problems, has raised $320 million (£260 million) in an equity and debt financing round, split roughly 50/50. The equity side of the funding round was led by Cera’s existing investor Kairos… Continue reading This startup just raised $320M to make long-term care inside hospitals obsolete
MGM China Reports 2022 First Half Results
To Participate in Public Tender of Macau Gaming Concession Full Confidence in Macau Future Development HONG KONG, Aug. 3, 2022 /PRNewswire/ — MGM China Holdings Limited (“MGM China” or the “Company”; SEHK Stock Code: 2282) today announced selected unaudited financial data of the Company and its subsidiaries (the “Group”) for the second quarter and the… Continue reading MGM China Reports 2022 First Half Results
@GM: GM to Double the Super Cruise Road Network August 3, 2022
Hundreds of thousands of additional miles of roads in the U.S. and Canada can be explored hands-free1 GM vehicles built on the VIP electrical architecture will be the first to receive the update later this year To date, GM customers have driven more than 34 million miles with Super Cruise engaged DETROIT – General Motors… Continue reading @GM: GM to Double the Super Cruise Road Network August 3, 2022
@GM: GM to Triple the Super Cruise Road Network in Canada
GM to Triple the Super Cruise Road Network in Canada Hundreds of thousands of additional kilometres of roads in Canada and the U.S. can be explored hands-free* 2022-08-03 Compatible Canadian roadways to increase from approximately 24,000 kilometres today to 80,000 kilometres GM vehicles built on the VIP electrical architecture will be the first to receive… Continue reading @GM: GM to Triple the Super Cruise Road Network in Canada
Lucid Motors slashes EV production targets again as supply chain problems persist
EV automaker Lucid Motors slashed its annual production guidance in half on Wednesday due to what CEO and CTO Peter Rawlinson described as “extraordinary supply chain and logistics challenges.” Shares of Lucid fell more than 12% in after-market trading following the release of its second-quarter earnings, in which it provided the production guidance. Lucid lowered… Continue reading Lucid Motors slashes EV production targets again as supply chain problems persist