INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce that Mack Trucks, one of North America’s largest producers of heavy-duty trucks, has selected the Allison 4500 Rugged Duty Series™ (RDS) as the exclusive transmission currently offered for its new compressed natural gas (CNG)-powered Mack® Granite® model. This partnership is the latest example of Allison’s ability to deliver… Continue reading Allison Transmission Delivers Propulsion Solution for New Mack® Compressed Natural Gas Truck
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India Automotive Manufacturing Policy Impact Analysis Report 2023-2026
DUBLIN, Aug. 16, 2023 /PRNewswire/ — The “India’s Automotive Manufacturing Policy – Economic Impact and Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This research service focuses on the economic impact of India’s automotive manufacturing policy, particularly the automobiles and auto components production-linked incentive (PLI) scheme. Following the outbreak of the COVID-19 pandemic and the… Continue reading India Automotive Manufacturing Policy Impact Analysis Report 2023-2026
GM invests $60 million in battery materials company Mitra Chem
General Motors is investing $60 million in a Silicon Valley-based battery materials company to help GM bring more affordable electric vehicles to market faster. GM on Wednesday announced the stake in Mitra Chem, an AI-enabled battery materials innovation company. It is part of a Series B financing, which further establishes a startup after it has… Continue reading GM invests $60 million in battery materials company Mitra Chem
@GM: GM Invests in AI and Battery Materials Innovator Mitra Chem
GM Invests in AI and Battery Materials Innovator Mitra Chem Mitra Chem’s proprietary AI platform expected to accelerate GM’s development of affordable batteries in the U.S. 2023-08-16 DETROIT – General Motors (NYSE: GM) is leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered… Continue reading @GM: GM Invests in AI and Battery Materials Innovator Mitra Chem
Servotronics, Inc. Names New Sales & Marketing Director
— Addition of seasoned aerospace industry leader brings increased focus on sales initiatives and alignment with long-term growth strategy — ELMA, N.Y., Aug. 16, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that it has strengthened its sales and marketing… Continue reading Servotronics, Inc. Names New Sales & Marketing Director
GM invests big bucks in battery startup in a bet on new chemistry
General Motors (GM) looks to further commercialize its EV battery production and lower prices by investing in Mitra Chem – a startup described as an “AI-enabled battery materials innovator.” Today, GM announced it is the lead investor of a Series B funding round supporting the Silicon Valley-based battery company. GM has publicly embraced a full… Continue reading GM invests big bucks in battery startup in a bet on new chemistry
Waymo starts taking fares for SF robotaxis after state approval
The Jaguar I-Pace EVs currently being deployed / Credit: Waymo Waymo received final approval to operate its driverless taxis in California last week and will start charging for its driverless robotaxi service in San Francisco starting Monday, August 21. Last week, the California Public Utilities Commission issued its final approval allowing Google’s Waymo and GM’s… Continue reading Waymo starts taking fares for SF robotaxis after state approval
General Motors is investing in a startup working on better and cheaper EV batteries
Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Future low-cost GM EVs could benefit from the batteries being developed by Mitra Chem. Joe White | Reuters General Motors said Wednesday it’s leading a $60 million… Continue reading General Motors is investing in a startup working on better and cheaper EV batteries
Roundabouts are safer than traffic lights. So why are there so few in the U.S.?
Consider the simple roundabout — a traffic circle well known in Europe but less familiar across most of America. Proponents say roundabouts can dramatically reduce crashes, injuries and deaths, can improve traffic and even save a city a fair bit of money. But they have only recently caught on in the U.S., and not without… Continue reading Roundabouts are safer than traffic lights. So why are there so few in the U.S.?
GM leads funding series for Silicon Valley battery materials company
General Motors Co. said Wednesday it’s leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based lithium-ion battery materials product company. GM says Mitra Chem’s AI-powered platform and R&D center will help accelerate its commercialization of affordable EV batteries. And GM’s financial support for Mitra Chem will help the company scale… Continue reading GM leads funding series for Silicon Valley battery materials company