AAM Reports Second Quarter 2021 Financial Results

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21:00 ETDana and Switch Mobility Partner on Electrified Commercial VehiclesDana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsi…

MAUMEE, Ohio, and LEEDS, U.K., July 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsion systems, and Switch Mobility Ltd. (‘Switch Mobility’ or ‘the company’), the electrified commercial vehicles company and subsidiary of Ashok Leyland Ltd, a leading commercial-vehicle manufacturer, announced today the signing of a strategic agreement between… Continue reading 21:00 ETDana and Switch Mobility Partner on Electrified Commercial VehiclesDana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsi…

CATL Unveils Its Latest Breakthrough Technology by Releasing Its First Generation of Sodium-ion Batteries

Another Milestone in the Industrialization of Innovative Technologies NINGDE, China, July 29, 2021 /CNW/ — Contemporary Amperex Technology Co., Ltd. (CATL) successfully held its first online launch event “Tech Zone” on July 29. Dr. Robin Zeng, chairman of CATL, unveiled the company’s first-generation sodium-ion battery, together with its AB battery pack solution – which is… Continue reading CATL Unveils Its Latest Breakthrough Technology by Releasing Its First Generation of Sodium-ion Batteries

Quanergy and Agia Solutions Partner to Deliver LiDAR-based Solutions for Security, and Mining markets in Latin America

SUNNYVALE, Calif.–(BUSINESS WIRE)– #AoT–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced a partnership with Agia Solutions, a technology system integrator serving Peru, Argentina, Chile, and Uruguay. Headquartered in Peru, Agia Solutions was established in 2007 as a technology system integrator focusing… Continue reading Quanergy and Agia Solutions Partner to Deliver LiDAR-based Solutions for Security, and Mining markets in Latin America

LG Announces Second-Quarter 2021 Financial Results

July 29, 2021 LG Announces Second-Quarter 2021 Financial Results Open share list Share this content. Highest Quarterly Sales Ever As Mobile Division Officially Winds Down SEOUL, July 29, 2021 — LG Electronics Inc. (LG) announced its highest quarterly revenues ever as the company continued to expand its market share for premium home appliances and consumer… Continue reading LG Announces Second-Quarter 2021 Financial Results

Allison Transmission Announces Second Quarter 2021 Results

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 60 percent increase in net sales from the same period in 2020, as the recovery in… Continue reading Allison Transmission Announces Second Quarter 2021 Results

Magna Signs Joint Venture Agreement With LG Electronics Focussed On Powertrain Components

Bloomberg Tilray Surges as Cannabis Poised to Benefit After Lockdown (Bloomberg) — Tilray Inc. shares surged the most in more than five months as investors rewarded the cannabis company for profiting even amid challenges due to Canada’s Covid-19 restrictions.Net income was $33.6 million for the fiscal fourth quarter ended May 31, compared with a loss… Continue reading Magna Signs Joint Venture Agreement With LG Electronics Focussed On Powertrain Components

LG and Magna Sign Joint Venture Agreement and Announce Leadership Team

SEOUL, South Korea and AURORA, Ontario, July 28, 2021 (GLOBE NEWSWIRE) — LG Electronics (LG) and Magna International Inc. (Magna) today signed the transaction agreement which establishes a joint venture between the two companies. The new company, to be called LG Magna e-Powertrain, is headquartered in Incheon, South Korea and will be led by a… Continue reading LG and Magna Sign Joint Venture Agreement and Announce Leadership Team