Nel ASA: Nel realigns relationship with Nikola and will support Fortescue on its 80 MW Phoenix Hydrogen Hub

OSLO, Norway, Feb. 2, 2024 /PRNewswire/ — Nel ASA (Nel) (OSE: NEL) and Nikola have realigned their previous agreement, and at the same time Nel will become Fortescue’s supplier for their 80 MW electrolyser, for a total consideration of about USD 20 million. In 2018, Nel entered into a supply agreement with Nikola, followed by a… Continue reading Nel ASA: Nel realigns relationship with Nikola and will support Fortescue on its 80 MW Phoenix Hydrogen Hub

ASSA ABLOY sells PACA ascenseur in France to KONE

STOCKHOLM, Feb. 2, 2024 /PRNewswire/ — ASSA ABLOY has sold its elevator maintenance business PACA ascenseur (“PACA”) in France to KONE. PACA was part of the acquisition of agta record in 2020. PACA is an elevator maintenance business located in Southern France. PACA was founded in 1995 and has some 210 employees. Sales in 2022… Continue reading ASSA ABLOY sells PACA ascenseur in France to KONE

DTDC WIDENS ITS PRESENCE BY LAUNCHING OPERATIONS IN MALAYSIA, SETS SIGHTS ON SOUTHEAST ASIAN EXPANSION

KUALA LUMPUR, Malaysia and MUMBAI, India, Jan. 31, 2024 /PRNewswire/ — DTDC, India’s leading integrated express logistics company, through its subsidiary DTDC Global Express PTE Ltd, announced its foray into the Malaysian Market further strengthening its global footprint. The company inaugurated its new office at Brickfield, Kuala Lumpur. Continue Reading DTDC celebrates the grand inauguration… Continue reading DTDC WIDENS ITS PRESENCE BY LAUNCHING OPERATIONS IN MALAYSIA, SETS SIGHTS ON SOUTHEAST ASIAN EXPANSION

Ransomware-as-a-Service, Supply-chain Attacks, Geopolitical Issues Complicate OT/ICS Cybersecurity for Global Industries, TXOne Networks Report Reveals

Findings illustrate need for Cyber-Physical Systems Detection and Response for combatting both known and unknown threats TAIPEI, Jan. 31, 2024 /PRNewswire/ — TXOne Networks, a leader in Cyber-Physical Systems (CPS) security, published its 2023 annual report detailing a growing range of cybersecurity issues facing global industries. The Crisis of Convergence: OT/ICS Cybersecurity 2023, which is publicly available… Continue reading Ransomware-as-a-Service, Supply-chain Attacks, Geopolitical Issues Complicate OT/ICS Cybersecurity for Global Industries, TXOne Networks Report Reveals

Robust Growth in Autonomous Mobile Robots Market – the Market to Hit $23.69 Billion by 2028 – Arizton

Huge Market Opportunities Predicted in the Next 6 Years  CHICAGO, Jan. 30, 2024 /PRNewswire/ — According to Arizton’s latest research report, the autonomous mobile robots market will grow at a CAGR of 18.29% from 2022 to 2028. The evolution of Industry 4.0, high technology adoption in warehousing & logistics, the shift towards robot-as-a-service, and increased adoption… Continue reading Robust Growth in Autonomous Mobile Robots Market – the Market to Hit $23.69 Billion by 2028 – Arizton

Unprecedented Achievement: AvAir Secures Top Spot as Parts Supplier of the Year for the Fourth Consecutive Time

Airline Economics’ Aviation 100 Awards Recognize Outstanding Performers in the Aerospace Industry CHANDLER, Ariz., Jan. 30, 2024 /PRNewswire/ — For the fourth consecutive year, AvAir, an inventory solutions provider for the aviation aftermarket, was awarded the No. 1 position on Airline Economics’ Aviation 100 “Parts Supplier of the Year” award, recognizing the company as a top… Continue reading Unprecedented Achievement: AvAir Secures Top Spot as Parts Supplier of the Year for the Fourth Consecutive Time

EV Traction Motor Market Size to Grow USD 96780 Million by 2029 at a CAGR of 40% | Valuates Reports

BANGALORE, India, Jan. 30, 2024 /PRNewswire/ — EV Traction Motor Market is Segmented by Type (AC Induction Motor, Permanent Magnet Motor), by Application (BEV, PHEV). The Global EV Traction Motor Market Size is expected to reach USD 96780 Million by 2029, growing at a CAGR of 40.0% from 2023 to 2029. Claim Your Free Sample… Continue reading EV Traction Motor Market Size to Grow USD 96780 Million by 2029 at a CAGR of 40% | Valuates Reports

Excelfore Recognized with Frost & Sullivan’s 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

Excelfore delivers best-in-class, standards-based in-vehicle and cloud-to-vehicle connectivity solutions to the software-defined vehicle ecosystem. SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ — Frost & Sullivan recently researched the over-the-air (OTA) solutions providers and, based on its findings, recognizes Excelfore with the 2024 Global Enabling Technology Leadership Award. Excelfore is an industry-leading company that creates reliable standards-based connectivity solutions to… Continue reading Excelfore Recognized with Frost & Sullivan’s 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

IFCO receives SBTi validation for its near-term greenhouse gas emission reduction targets and shares Roadmap to Net Zero

Science Based Targets initiative (SBTi) approves IFCO’s near-term greenhouse gas emissions reduction targets for 2031, which are aligned to a 1.5°C reduction pathway. The IFCO Roadmap to Net Zero outlines key decarbonization levers and sets clear milestones for becoming a Net Zero business by 2040. MUNICH, Jan. 30, 2024 /PRNewswire/ — IFCO, the world’s leading… Continue reading IFCO receives SBTi validation for its near-term greenhouse gas emission reduction targets and shares Roadmap to Net Zero

My China Story’s Feature: Foreign Vloggers’ Discovery Tour of Beijing’s Central Axis

BEIJING, Jan. 30, 2024 /PRNewswire/ — Beijing not only surprises many foreign vloggers by its rapid modernization today but also arouses their interest in the city’s historical part. Recently, some international vloggers posted new vlogs about Beijing’s Central Axis, a north-south line that runs through the center of Beijing. They took a tour to the… Continue reading My China Story’s Feature: Foreign Vloggers’ Discovery Tour of Beijing’s Central Axis