Zurich, December 20, 2023: Kongsberg Automotive ASA (KA) has announced the merge of its Powertrain & Chassis (P&C) business segment and the Off-Highway business unit to form ‘Drive Control Systems’ business area (DCS), which will come into effect from January 1, 2024. With this change, KA will simplify its company structure. Going forward, KA will consist… Continue reading Kongsberg Automotive forms Drive Control Systems business area
Category: Newswire
Renault Group: Information relating to the total number of voting rights and share capital – November 2023
Disclosure of the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the French Commercial Code and the Article 223-16 ofthe Règlement général de l’Autorité des marchés financiers (Regulation of the French stock market authority) Company name of the issuer: Renault SA122 – 122 bis Avenue du Général Leclerc92100 Boulogne-Billancourt… Continue reading Renault Group: Information relating to the total number of voting rights and share capital – November 2023
Renault Group : Information relative au nombre total de droits de vote et de capital – Novembre 2023
Informations relatives au nombre total de droits de vote et d’actions prévues par l’article L. 233-8-II du Code de commerce et l’article 223-16 du Règlement général de l’Autorité des marchés financiers Dénomination sociale de l’émetteur : Renault SA122 – 122 bis Avenue du Général Leclerc92100 Boulogne-Billancourt (Code ISIN FR0000131906 – RNO) Date Nombre d’actions composant… Continue reading Renault Group : Information relative au nombre total de droits de vote et de capital – Novembre 2023
XING Mobility, a Global Leader in Immersion Cooling Batteries, Announces Investment from Kubota Corporation
TAIPEI, Dec. 20, 2023 /PRNewswire/ — XING Technology, the holding company of Taiwan-based XING Mobility, an advanced battery technologies company founded in 2015, will be closing its Series B Equity Round led by Kubota Corporation (TYO: 6326, hereinafter “Kubota”), a leading manufacturer of agricultural and industrial machinery, by the end of 2023. This strategic investment… Continue reading XING Mobility, a Global Leader in Immersion Cooling Batteries, Announces Investment from Kubota Corporation
Novo Tellus raises its third fund successfully with US $510 million in oversubscribed commitments
SINGAPORE, Dec. 19, 2023 /PRNewswire/ — Novo Tellus announced today the swift completion of fundraising for its third private equity fund, Novo Tellus PE Fund 3, L.P. (the “Fund”). The Fund surpassed its fundraising target by 36% and closed fundraising at its hard cap of US $510 million in commitments. The Fund completed its raise… Continue reading Novo Tellus raises its third fund successfully with US $510 million in oversubscribed commitments
Systecon Secures Game-Changing Contract with Australia’s Department of Defence
STOCKHOLM, Dec. 19, 2023 /PRNewswire/ — Systecon, a global leader in providing cutting-edge solutions for optimizing system performance and cost-effectiveness, is proud to announce a groundbreaking partnership with the Capability Acquisition and Sustainment Group (CASG) at the Department of Defence Australia. This partnership represents a significant milestone in our commitment to delivering excellence and innovation… Continue reading Systecon Secures Game-Changing Contract with Australia’s Department of Defence
Westport Awarded Development Contract with a Global Heavy Truck Manufacturer to Adapt and Commercialize Next Gen LNG HPDI™ Fuel System for the Euro 7 Vehicle Platform
VANCOUVER, BC, Dec. 19, 2023 /PRNewswire/ — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT) (NASDAQ: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, today announced that it has been awarded a development program by a global heavy truck manufacturer to adapt its Next Generation… Continue reading Westport Awarded Development Contract with a Global Heavy Truck Manufacturer to Adapt and Commercialize Next Gen LNG HPDI™ Fuel System for the Euro 7 Vehicle Platform
ThroughPut.ai launches New AI-powered, Self-serve Data Mapping, Engineering and Transformation Capabilities to Accelerate time-to-value for Supply Chain Decision Intelligence
Today’s businesses run on increasingly complex tech stacks, which require a unified, simple integration and automation solution – without which it becomes a daunting challenge to achieve holistic supply chain visibility and actionability. This partnership offers enterprises the opportunity to effortlessly connect disparate, complex systems and processes, thus breaking down silos to rapidly monetize supply… Continue reading ThroughPut.ai launches New AI-powered, Self-serve Data Mapping, Engineering and Transformation Capabilities to Accelerate time-to-value for Supply Chain Decision Intelligence
Dayco showcases world-class heavy-duty products at China International Exhibition on Internal Combustion Engine & Powertrain Equipment in Nanjing
ROSEVILLE, Mich., Dec. 19, 2023 /PRNewswire/ — Dayco, a leading global manufacturer of engine products and drive systems for automotive, heavy-duty, and industrial markets, showcased its heavy-duty product range in the 2023 China International Exhibition on Internal Combustion Engine & Powertrain Equipment held on Nov 15-17 in Nanjing. With the theme “Power change the World”, the exhibition… Continue reading Dayco showcases world-class heavy-duty products at China International Exhibition on Internal Combustion Engine & Powertrain Equipment in Nanjing
Heart Aerospace and US charter carrier JSX sign LOI for up to 100 ES-30 airplanes
GOTHENBURG, Sweden, Dec. 19, 2023 /PRNewswire/ — Swedish hybrid-electric airplane maker Heart Aerospace and US charter carrier JSX have signed a Letter of Intent (LOI) for the purchase of 50 of the Swedish company’s regional ES-30 airplane, with an option for an additional 50. JSX, which was launched in 2016, is now the biggest public… Continue reading Heart Aerospace and US charter carrier JSX sign LOI for up to 100 ES-30 airplanes