@niche: Hydrogen fuel network trial – update June 2023002786

In May last year we announced that SGN had received funding from the Energy Regulator and gas distribution companies to enable them to move forward with plans to undertake trials at Grangemouth to test the repurposing of the Local Transmission System (LTS) from natural gas to hydrogen. The trial will support the UK and Scottish… Continue reading @niche: Hydrogen fuel network trial – update June 2023002786

@niche: Workhorse (WKHS) Commences Production of W750 Electric Van002785

Workhorse Group Inc. WKHS has started producing W750 electric vans in its manufacturing plant located in Union City, IN. Moreover, the commercial fleet electric vehicle (EV) manufacturer has also entered into a partnership with Smyrna Truck, which is set to become Workhorse’s first certified dealer in Georgia. This partnership will allow Workhorse to expand its… Continue reading @niche: Workhorse (WKHS) Commences Production of W750 Electric Van002785

Geek+ drives automation of advanced BMW-producing plant in China

– Geek+ brings its AMR expertise to premium car manufacturer BMW Brilliance Automotive’s vehicle production facility to strengthen digitalization and end-to-end value chain. SHENYANG, China, June 29, 2023 /PRNewswire/ — Geek+, the global leader in AMR technology, and BMW Brilliance Automotive (BBA), one of China’s leading premium automotive manufacturers, announce the automation of a highly advanced… Continue reading Geek+ drives automation of advanced BMW-producing plant in China

Geek+ drives automation of advanced BMW-producing plant in China

– Geek+ brings its AMR expertise to premium car manufacturer BMW Brilliance Automotive’s vehicle production facility to strengthen digitalization and end-to-end value chain. SHENYANG, China, June 29, 2023 /PRNewswire/ — Geek+, the global leader in AMR technology, and BMW Brilliance Automotive (BBA), one of China’s leading premium automotive manufacturers, announce the automation of a highly advanced… Continue reading Geek+ drives automation of advanced BMW-producing plant in China

Körber Achieves Zebra Technologies Validation

HAMBURG, Germany, June 29, 2023 /PRNewswire/ — Körber One Voice has been verified by Zebra’s Global Enablement Center to drive labor engagement in the warehouse. Continue Reading Körber announced it has successfully completed Zebra Technologies’ Solution Validation Program for its Körber One Voice platform. Körber today announced it has successfully completed Zebra Technologies’ Solution Validation Program… Continue reading Körber Achieves Zebra Technologies Validation

Lordstown Motors Files for Bankruptcy

Lordstown has filed motions with the court seeking authority to commence a marketing and sale process under section 363 of the U.S. Bankruptcy Code to realize the full value of its Endurance vehicle and related assets. Photo: Lordstown Motors Lordstown Motors announced it has filed for bankruptcy, as the company will be undergoing a strategic restructuring process to maximize the value… Continue reading Lordstown Motors Files for Bankruptcy

New-Vehicle Sales to Increase 11% Through First Half of 2023

A key driver of the new-vehicle market in 2023 has been the vastly improved new-vehicle inventory levels, which are up more than 70% year over year in June. Photo: Esmihel Muhammed / Pexels Cox Automotive forecasted June 27 that U.S. new-vehicle sales volume will reach 7.65 million units in the first half of 2023, an… Continue reading New-Vehicle Sales to Increase 11% Through First Half of 2023

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June 29 (Reuters) – Typeface, a generative AI platform for enterprise content creation, said on Thursday that it was valued at $1 billion after an oversubscribed Series B funding round led by Salesforce’s (CRM.N) global investment arm, bringing the total capital raised to $165 million. The $100 million round also saw participation from Lightspeed Venture… Continue reading Untitled

Warburg Pincus bullish on early-stage investments in China’s real estateThe PE giant targets new economy assets or ‘tech-enabled businesses’ in the co…

US private equity titan Warburg Pincus continues to be bullish on early-stage investments in China’s property sector as it targets new economy assets or “tech-enabled businesses” in the country.  “Our approach is to start earlier in the game so that we have more time to navigate the landscape and spend more time with potential partners… Continue reading Warburg Pincus bullish on early-stage investments in China’s real estateThe PE giant targets new economy assets or ‘tech-enabled businesses’ in the co…

China Digest: Qiniu, Unisound AI Technology file for Hong Kong IPO

Unisound AI Technology has shifted its planned Shanghai IPO to Hong Kong, while Qiniu too has applied to go public in the financial hub.   Qiniu files for IPO in Hong Kong Chinese audiovisual cloud service provider Qiniu filed for an initial public offering in Hong Kong on Thursday, without divulging the size and timeline of… Continue reading China Digest: Qiniu, Unisound AI Technology file for Hong Kong IPO