LG Energy Solution Records Steady Gains in 2Q, Increases Revenue Guidance for 2023

LGES posts quarterly revenue of KRW 8.774 trillion, operating profit of KRW 461 billion in the second quarter of 2023 The company records strong first half-year performance by strengthening competitiveness amid growing EV demands in the U.S. market LGES aims for over mid-30 percent annual revenue growth despite market uncertainties, with solid product competitiveness and diverse… Continue reading LG Energy Solution Records Steady Gains in 2Q, Increases Revenue Guidance for 2023

Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army’s Optionally Manned Fighting Vehicle Program

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, will provide the Allison eGen ForceTM electric hybrid system for American Rheinmetall Vehicles’ (ARV) Team Lynx prototype. Team Lynx, led by ARV, was recently selected for Phases 3 and 4 in the U.S.… Continue reading Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army’s Optionally Manned Fighting Vehicle Program

Locus Robotics Breaks Ground for New Global Headquarters, Laying Foundation for Innovation and Growth

Company Highlights Commitment to Technological Advancements and AI-driven Innovation with Expanded Operations at Wilmington, MA facility WILMINGTON, Mass., July 26, 2023 /PRNewswire/ — Locus Robotics, a global leader in autonomous mobile robots (AMRs) for warehouse automation, today broke ground for its new global headquarters in Wilmington, Massachusetts. The expansion stands as a reflection of the company’s remarkable… Continue reading Locus Robotics Breaks Ground for New Global Headquarters, Laying Foundation for Innovation and Growth

8 Disruptors In The Electric Vehicle Boom

FN Media Group Presents Oilprice.com Market Commentary LONDON, July 26, 2023  /PRNewswire/ — Many EV companies are bleeding cash. Many others are involuntarily ceding market share to traditional auto giants like Ford, Chevy and GM. Companies mentioned in this release include: General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), NIO Inc. (NYSE: NIO), Joby… Continue reading 8 Disruptors In The Electric Vehicle Boom

KERTEN HOSPITALITY TO OPERATE THE HOUSE RESIDENCE IN NEOM’S OXAGON

Billed as upscale serviced apartments at the heart of the city’s first residential community, Kerten Hospitality’s House Residence concept will enable visitors to experience Oxagon’s new model for urban living DUBLIN, July 26, 2023 /PRNewswire/ — Kerten Hospitality will enter its House Residence brand in Oxagon, home to advanced and clean industries in NEOM. This… Continue reading KERTEN HOSPITALITY TO OPERATE THE HOUSE RESIDENCE IN NEOM’S OXAGON

Japan House London Offers Tastes of Japanese Rail Travel with Station-Style Vending Machine

LONDON, July 26, 2023 /PRNewswire/ — From 3 July to 14 September 2023, the Shop at Japan House London offers visitors a unique Japanese rail-themed retail experience, complete with a high-tech vending machine dispensing rarely-seen railway goods and confectionery from Japan’s largest passenger rail operator JR-East. Continue Reading Vending Machine at Japan House London Throughout… Continue reading Japan House London Offers Tastes of Japanese Rail Travel with Station-Style Vending Machine

Y China’s Feature: What does pandas’ home look like?

BEIJING, July 26, 2023 /PRNewswire/ — Cute face, chunky body, dark eye circles that never fade: pandas’ appeal to young and old from across the globe to visit their hometown city Chengdu in southwestern China. The adorable-to-all animal is also a token of the country’s neighborliness and friendliness. Rongbao, the mascot of the Chengdu FISU… Continue reading Y China’s Feature: What does pandas’ home look like?

Aircraft Fuel Cells Market worth $5.7 billion by 2035 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 26, 2023 /PRNewswire/ — The aircraft Fuel Cells market size is projected to grow from an estimated USD 1.6 billion in 2023 to USD 5.7 billion by 2035, at a CAGR of 10.8% during the forecast period according to a new report by MarketsandMarkets™. This growth can be attributed to the increasing adoption… Continue reading Aircraft Fuel Cells Market worth $5.7 billion by 2035 – Exclusive Report by MarketsandMarkets™

Nakheel launches Rixos Hotel & Residences on Dubai Islands, a new luxury waterfront development

DUBAI, UAE, July 26, 2023 /PRNewswire/ — Nakheel, the world-leading real estate master developer based in the United Arab Emirates, in partnership with Excelsior Real Estate LLC, has launched Rixos Dubai Islands, Hotel & Residences, offering a resort lifestyle in a curated and relaxed setting situated in a prime location on Dubai Islands, on the northern… Continue reading Nakheel launches Rixos Hotel & Residences on Dubai Islands, a new luxury waterfront development

oToBrite launches the world’s first All-in-one ADAS product to enhance the safety of heavy commercial vehicles

HSINCHU, July 26, 2023 /PRNewswire/ — Heavy commercial vehicles have more blind areas than any other types of vehicle due to the higher driver seat, so accidents could easily happen while moving off or making turns. Besides, there are many driving scenarios that may lead to fatal crashes, such as distracted driving, improper following, erratic… Continue reading oToBrite launches the world’s first All-in-one ADAS product to enhance the safety of heavy commercial vehicles