Composites One Acquires Process Materials Business from Solvay

Introducing Aerovac – Major Supplier/Manufacturer of Process Materials and Tooling SCHAUMBURG, Ill., March 2, 2021 /PRNewswire/ — Composites One, the leading North American supplier of composites materials and value added services, has completed its purchase of the Process Materials business from the Solvay Composites Materials Global Business. The acquisition is a unique opportunity for the company… Continue reading Composites One Acquires Process Materials Business from Solvay

 Quanergy and Shanghai Rays Accelerate Shandong Port Group’s Terminal Automation with 3D LiDAR Technology

SUNNYVALE, Calif.–(BUSINESS WIRE)– #LiDAR–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today announced the installation of its M-Series 3D LiDAR solution for one of the largest port operators in the world, Shandong Port Group Co, Ltd. in China. Deployed in partnership with Shanghai Rays Information Technology… Continue reading  Quanergy and Shanghai Rays Accelerate Shandong Port Group’s Terminal Automation with 3D LiDAR Technology

Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric

Gothenburg, SWEDEN and Stuttgart, GERMANY, March 1, 2021 /PRNewswire/ — Daimler Truck AG and the Volvo Group today completed the transaction to form the previously announced fuel-cell joint venture. The Volvo Group has acquired 50 percent of the partnership interests in the existing Daimler Truck Fuel Cell GmbH & Co. KG for approximately SEK 6.3 billion (approximately… Continue reading Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric

Polestar Cars to Open 15 New U.S. Showrooms in 2021

With at-home test drives already available, the first of the new retail Spaces will open by early spring in Austin, Texas, Boston and Denver. Specific showroom details are available at Polestar.com/Spaces. Additional information pertaining to the locations in Washington D.C., Seattle and Florida will be announced soon.  In the latter half of 2021, Polestar anticipates opening… Continue reading Polestar Cars to Open 15 New U.S. Showrooms in 2021

Cummins Names Lamb-Hale Vice President and General Counsel

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today Nicole Y. Lamb-Hale is succeeding Sharon Barner as Vice President and General Counsel, effective in May. The company announced on February 2 that Barner is being promoted to Vice President and Chief Administrative Officer. “Nicole is a dynamic, strategic and effective leader with global experience and a… Continue reading Cummins Names Lamb-Hale Vice President and General Counsel

Hyzon Motors to Build United States’ Largest Fuel Cell Material Production Facility

ROCHESTER, N.Y., March 1, 2021 /PRNewswire/ — Hyzon Motors Inc. (“Hyzon” or the “Company”), a leading supplier of zero-emission hydrogen fuel cell powered heavy vehicles, today announced plans to build the largest fuel cell membrane electrode assembly (MEA) production line for commercial vehicles in the United States at its new Hyzon Innovation Center located in Bolingbrook,… Continue reading Hyzon Motors to Build United States’ Largest Fuel Cell Material Production Facility

Dana Acquires Pi Innovo LLC, Further Enhancing e-Propulsion Software, Controls, and Electronics Capabilities

MAUMEE, Ohio, March 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has acquired Pi Innovo LLC a leader in embedded software solutions and electronic control units to support the light vehicle, commercial vehicle, and off-highway markets. Dana previously held a non-controlling interest. Headquartered near Detroit, Michigan, USA, the acquisition of Pi Innovo… Continue reading Dana Acquires Pi Innovo LLC, Further Enhancing e-Propulsion Software, Controls, and Electronics Capabilities

Ferrari Releases Its 2020 Annual Report And files Annual Report on Form 20-F

Maranello (Italy), February 26, 2021 – Ferrari N.V. (NYSE/MTA: RACE) announced today that it has published its 2020 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2020, with the United States Securities and Exchange Commission. Ferrari’s 2020 Annual Report and annual report on Form… Continue reading Ferrari Releases Its 2020 Annual Report And files Annual Report on Form 20-F

Update of Kongsberg Automotive Q4 2020 presentation

Fri, Feb 26, 2021 14:21 CET Updated version of Q4 presentation: Correction of slide 26. For additional information, please contact: KA Investor Relations, corporate.communications@ka-group.com Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable.  Approximately 11.000 employees in 19 countries, Kongsberg… Continue reading Update of Kongsberg Automotive Q4 2020 presentation

Kongsberg Automotive reports Q4 2020 results

Fri, Feb 26, 2021 07:25 CET Kongsberg Automotive ASA will host an earnings conference call at 09:00 CET, today. KEY TOPICS COVID-19: 2020 was a year dominated by the effects of the coronavirus disease (COVID-19). The virus and a weak start to the year 2020 have impacted the automotive industry heavily. However, in Q4 we… Continue reading Kongsberg Automotive reports Q4 2020 results