COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today announced the signing of an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., and a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The agreement brings the addition of new technologies to provide growth opportunities for Cummins’… Continue reading Cummins to Acquire Engine Braking and Cylinder Deactivation Company to Advance Its Path to a Zero Emissions Future
Category: Suppliers
Allison Transmission Delivers First Next-Generation Hydraulic Fracturing Transmissions to Multiple Industry Partners
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified propulsion solutions, is pleased to announce the delivery of the first Allison FracTranTM transmissions to multiple industry partners. Allison’s FracTran is an all-new Oil Field SeriesTM transmission designed from-the-ground-up to meet the unique demands of the hydraulic fracturing industry and represents an incremental… Continue reading Allison Transmission Delivers First Next-Generation Hydraulic Fracturing Transmissions to Multiple Industry Partners
Quanergy Systems Announces Closing of Business Combination
SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems Announces Closing of Business Combination Go to Source
Bosch off-highway surround sensing system receives “Systems & Components Trophy – Engineers’ Choice” award from the DLG
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch off-highway surround sensing system receives “Systems & Components Trophy – Engineers’ Choice” award from the DLG
Burgers, Fries and a Side of AI: Startup Offers Taste of Drive-Thru Convenience
Eating into open hours and menus, a labor shortage has gobbled up fast-food services employees, but some restaurants are trying out a new staff member to bring back the drive-thru good times: AI. Toronto startup HuEx is in pilot tests with a conversational AI assistant for drive-thrus to help support service at several popular Canadian… Continue reading Burgers, Fries and a Side of AI: Startup Offers Taste of Drive-Thru Convenience
Meet the Omnivore: Developer Sleighs Complex Manufacturing Workflows With Digital Twin of Santa’s Workshop
Editor’s note: This is one in a series of Meet the Omnivore posts, featuring individual creators and developers who use the NVIDIA Omniverse 3D simulation and collaboration platform to boost their artistic or engineering processes. Don’t be fooled by the candy canes, hot cocoa and CEO’s jolly demeanor. Santa’s workshop is the very model of… Continue reading Meet the Omnivore: Developer Sleighs Complex Manufacturing Workflows With Digital Twin of Santa’s Workshop
NIO Inc. (NIO) Gains As Market Dips: What You Should Know
NIO Inc. (NIO) closed the most recent trading day at $23.99, moving +0.13% from the previous trading session. This change outpaced the S&P 500’s 0.37% loss on the day. Heading into today, shares of the company had lost 18.23% over the past month, lagging the Auto-Tires-Trucks sector’s loss of 16.74% and the S&P 500’s loss… Continue reading NIO Inc. (NIO) Gains As Market Dips: What You Should Know
Is this the end of EV range anxiety?
Electric vehicles are on the rise in fleets all over the world, and evidence shows they are increasingly being used for longer distances. Fleet managers are resisting the urge to go electric due to fears about range anxiety, right? Wrong — or at least, that’s what a new survey seems to suggest. While there is… Continue reading Is this the end of EV range anxiety?
Lear Reports Fourth Quarter and Full Year 2021 Results and Provides Full Year 2022 Outlook
SOUTHFIELD, Mich., Feb. 8, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2021 and provided its financial outlook for the full year 2022. Fourth Quarter 2021 Financial Highlights Sales growth over market of 6 percentage points Sales… Continue reading Lear Reports Fourth Quarter and Full Year 2021 Results and Provides Full Year 2022 Outlook
06:59 ETDana Scores in 90th Percentile for Automotive Sector on S&P Global Corporate Sustainability AssessmentDana Incorporated (NYSE: DAN) announced …
Established in 1999, the CSA has become the basis for numerous indices over the last two decades, evaluating companies across a broad range of metrics and scoring them in three major categories: environmental, social, and governance. “Dana is proud to be in the 90th percentile among our peers in the S&P Global Corporate Sustainability Assessment… Continue reading 06:59 ETDana Scores in 90th Percentile for Automotive Sector on S&P Global Corporate Sustainability AssessmentDana Incorporated (NYSE: DAN) announced …