ATLANTA, Feb. 1, 2022 /PRNewswire/ — East West Manufacturing, LLC announced today that MSD Partners, L.P. is investing in the company in partnership with management. Financial terms of the transaction were not disclosed. Founded in 2001, East West provides a comprehensive and integrated set of product realization capabilities to a leading and high-growth customer base.… Continue reading East West Manufacturing Announces Strategic Investment by MSD Partners
Category: Newswire
Axalta Releases Fourth Quarter and Full Year 2021 Results
GLEN MILLS, Pa., Jan. 31, 2022 /PRNewswire/ — Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Highlights Net sales of $1,137.2 million increased 5.8% year-over-year; ongoing Performance Coatings growth including fifth consecutive quarter of year-over-year Industrial… Continue reading Axalta Releases Fourth Quarter and Full Year 2021 Results
Cipia Announces Driver Sense to be integrated in 2 additional car models by a leading Chinese OEM
TEL AVIV, Israel, Jan. 31, 2022 /PRNewswire/ — Cipia (TASE:CPIA), an AI computer vision in-cabin automotive solutions provider, today announced that the company was awarded two new models with a leading Chinese OEM. As part of the collaboration, Cipia’s leading Driver Sense Driver Monitoring Solution (DMS) will be integrated in the new models. The deployment… Continue reading Cipia Announces Driver Sense to be integrated in 2 additional car models by a leading Chinese OEM
ODIN AUTOMOTIVE CELEBRATES OFFICIAL START OF PRODUCTION
This announcement follows just three weeks after Odin officially acquired StSE’s existing IP, production lines, and subsidiaries in Switzerland and Japan. Concurrently to the acquisition, DPDHL also placed an additional minimum order of 3,500 StSE vehicles and retained a 10% investment stake in the venture. Odin’s EVP of Operations John Burton, who in his more… Continue reading ODIN AUTOMOTIVE CELEBRATES OFFICIAL START OF PRODUCTION
Detroit-based Vehya is Creating the Electric Vehicle Workforce of the Future
DETROIT, Jan. 31, 2022 /PRNewswire/ — As electric fever hits the U.S. auto market this year, businesses and schools across the country are investing in training the workforce needed to support the electric vehicles (EV) of the future. Vehya is one startup based in Detroit, Michigan playing a big role in recruiting, training, and deploying… Continue reading Detroit-based Vehya is Creating the Electric Vehicle Workforce of the Future
Velodyne Lidar Announces Dr. Anurag Gupta as Executive Vice President of Engineering
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar announced it has appointed Dr. Anurag Gupta as its Executive Vice President of Engineering. Go to Source
World NM: Car factory tree protest continues in the face of storm001717
One of the tree protestors. Photo: Marcel van Hoorn ANP The Sterrebos area of woodland in Born, Limburg was fenced off at the weekend to stop more people from joining the protest against VDL Nedcar’s plan to chop down over 100 trees to make room for a new production area. Some fifteen people have been… Continue reading World NM: Car factory tree protest continues in the face of storm001717
A new generation OBD diagnostic tool launched On Kickstarter!
The new generation of Full OBD diagnostic tool by THINKCAR Tech. No only full OBD2 functions, but also OTA & diagnostic reports by Bluetooth transmission. Forget about your computer, let’s keep all your historical diagnostic reports in your phone. You can check your all diagnostic reports from anywhere, and share for anyone. Within the Thinkdiag+… Continue reading A new generation OBD diagnostic tool launched On Kickstarter!
Toyoda Gosei Develops Lightweight Oil Pump
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed a lighter weight oil pump, one of the component parts in automobile transmissions, by making some sections of the pump with plastic instead of metal. Oil pumps circulate oil to decrease friction in the transmission gears and bearings. Toyoda Gosei has leveraged one of its core… Continue reading Toyoda Gosei Develops Lightweight Oil Pump
A Zero Emissions Future Starts Now: Werner Enterprises and Cummins Announce Collaboration to Integrate Cummins’ New 15-liter Natural Gas and 15-liter Hydrogen Internal Combustion Engines
COLUMBUS, Ind.–(BUSINESS WIRE)–Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, and Cummins Inc. (NYSE: CMI), global power solutions provider, have announced that Werner will begin validation and integration of Cummins’ recently announced 15-liter natural gas and 15-liter hydrogen internal combustion engines in its vehicles. Cummins will begin integrating these new powertrains in Werner… Continue reading A Zero Emissions Future Starts Now: Werner Enterprises and Cummins Announce Collaboration to Integrate Cummins’ New 15-liter Natural Gas and 15-liter Hydrogen Internal Combustion Engines