BOSTON, Sept. 27, 2021 /PRNewswire/ — PTC (NASDAQ: PTC) and the Volvo Group today announced plans to further increase collaboration around digital engineering. Volvo Group has decided to unify its CAD platforms, which positions PTC’s products to serve as the primary CAD and PLM solutions used in the Volvo Group for complete vehicle design. This world-class solution, which will… Continue reading PTC and Volvo Group Announce Digital Engineering Collaboration
Category: Newswire
Volvo Buses launches new global electromobility offer
GOTHENBURG, Sweden, Sept. 27, 2021 /PRNewswire/ — Volvo Buses is expanding its electromobility offer worldwide. With the launch of the new Volvo BZL Electric chassis, Volvo Buses provides a solid platform for sustainable and efficient public transport in cities around the world, along with reliable and profitable operations for customers. “We are committed to leading the… Continue reading Volvo Buses launches new global electromobility offer
Kongsberg Automotive revises FY 2021 targets
Thu, Sep 23, 2021 20:20 CET Kongsberg Automotive FY 2021 financial guidance revised to account for further semiconductor shortages and related developments in the automotive market. Zurich, September 24, 2021: In light of recent developments in the automotive sector, Kongsberg Automotive’s board of directors has approved new guidance for the company. The company expects a… Continue reading Kongsberg Automotive revises FY 2021 targets
ALYI Electric Vehicles, Ecosystems, Cryptocurrency, and Global Brand Names All-In-One
DALLAS, Sept. 24, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) has recently announced that it expects to generate its first revenue this year from the sale of electric vehicles. Specifically, ALYI intends to generate $2 million by year end from the sale of electric motorcycles. The company yesterday announced it might add to… Continue reading ALYI Electric Vehicles, Ecosystems, Cryptocurrency, and Global Brand Names All-In-One
Last Mile Delivery Startup MetroSpeedy Closes $5M Seed Funding
NEW YORK, Sept. 23, 2021 /PRNewswire/ — MetroSpeedy, a fast growth, last-mile delivery software and services company with innovative solutions, today announced the close of $5 million in seed funding for technological advancement, additional fulfillment hubs, expansion into new markets, and talent acquisition. AddVenture Fund led the round of financing, which included strategic investments from TMT… Continue reading Last Mile Delivery Startup MetroSpeedy Closes $5M Seed Funding
Electric truck maker ATLIS races towards $5 million end-of-month crowdfunding finish
ATLIS also plans to commercially launch the next generation AMV battery cell in Q4 2021. The latest raise, conducted by the Rialto Markets crowdfunding platform and transfer agent KoreConX, ends September 30th and ATLIS President Annie Pratt said: “The fast pace of our latest raise highlights the faith our investors have in our products, the… Continue reading Electric truck maker ATLIS races towards $5 million end-of-month crowdfunding finish
Strategic Investment in proteanTecs from Industry Leaders MediaTek and Advantest Joined by Porsche Automobil Holding SE to Advance Electronics Health Monitoring
HAIFA, Israel, Sept. 23, 2021 /PRNewswire/ — proteanTecs, a global leader in deep data solutions for advanced electronics, announced today a $50 million extension to their Growth Equity Round, demonstrating accelerated market adoption of system health and performance monitoring across multiple verticals. The round extension was led by Koch Disruptive Technologies (KDT) and joined by… Continue reading Strategic Investment in proteanTecs from Industry Leaders MediaTek and Advantest Joined by Porsche Automobil Holding SE to Advance Electronics Health Monitoring
Zoomlion Leads Industry to Reach Peak Carbon Emissions and Carbon Neutrality with Green Intelligent Manufacturing and Products
CHANGSHA, China, Sept. 23, 2021 /PRNewswire/ — As countries move towards peak carbon emissions and carbon neutrality goals in line with The Paris Agreement, Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK) is leading the industry by promoting green transformation and development through building intelligent green factories and continuously upgrading manufacturing processes, striving… Continue reading Zoomlion Leads Industry to Reach Peak Carbon Emissions and Carbon Neutrality with Green Intelligent Manufacturing and Products
Kongsberg Automotive awarded contract worth EUR 27.2 million estimated lifetime revenue
Wed, Sep 22, 2021 07:30 CET Kongsberg Automotive’s Powertrain and Chassis (P&C) has won a transmission controls contract worth EUR 27.2 million estimated lifetime revenue, and average annual revenue of EUR 3.4 million. The secured contract is for Kongsberg Automotive Automated Manual Transmission (AMT) Shifter and the MT Cable Shifter. Designed for truck and bus… Continue reading Kongsberg Automotive awarded contract worth EUR 27.2 million estimated lifetime revenue
Lyten Introduces Next Generation Lithium-Sulfur Battery for Electric Vehicles
The Lyten 3D Graphene®-based Li-S architecture has the potential to reach a gravimetric energy density of 900 Wh/kg, which will significantly outperform both conventional lithium-ion and solid state batteries. Lyten Sulfur Caging™ is the technology used in LytCell™ batteries to unlock the performance potential of sulfur by arresting the ‘poly-sulfide shuttle,’ a cycle-life compromising factor… Continue reading Lyten Introduces Next Generation Lithium-Sulfur Battery for Electric Vehicles