Cummins Completes Acquisition of Meritor

COLUMBUS, Ind.–(BUSINESS WIRE)–Global power and technology leader, Cummins Inc. (NYSE: CMI) today announced that it has completed its acquisition of Meritor, Inc., a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. The integration of Meritor’s people, products and capabilities in axle and brake technology will… Continue reading Cummins Completes Acquisition of Meritor

Digital Shipyard Market worth $5.5 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 3, 2022 /PRNewswire/ — Digital Shipyard Market is projected to grow from USD 1.3 billion in 2022 to USD 5.5 billion by 2030, at a CAGR of 19.1% during the forecast period, according to a new report by MarketsandMarkets™. The need for shipbuilders to meet reduced lifecycle costs, pursue better investment strategies, streamline the shipbuilding process,… Continue reading Digital Shipyard Market worth $5.5 billion by 2030 – Exclusive Report by MarketsandMarkets™

Fortem Technologies Hires Greer Carper, Former Investing Principal at Boeing, as CFO and VP of Corporate Development

After more than 15 years at Boeing, Greer joins Fortem to support the company’s fundraising efforts as demand for counter-drone technology heightens PLEASANT GROVE, Utah, Aug. 3, 2022 /PRNewswire/ — Fortem Technologies, Inc., a leader in airspace security and defense for detecting and defeating dangerous drones, today announced it has hired Greer Carper as its… Continue reading Fortem Technologies Hires Greer Carper, Former Investing Principal at Boeing, as CFO and VP of Corporate Development

Grand Wagoneer, Ram 1500, Jeep® Grand Cherokee L and Jeep Wrangler Earn Prestigious 2022 NEMPA Winter Driving Awards

AUBURN HILLS, Mich., Aug. 3, 2022 /PRNewswire/ — All-new 2022 Grand Wagoneer named Official Winter SUV of New England, showcasing its all-weather capabilities 2022 Ram 1500, for second year in a row, named Official Winter Pickup Truck of New England 2022 Jeep® Grand Cherokee L wins Mid-size SUV category, continuing Grand Cherokee’s legacy as the… Continue reading Grand Wagoneer, Ram 1500, Jeep® Grand Cherokee L and Jeep Wrangler Earn Prestigious 2022 NEMPA Winter Driving Awards

Luokung’s Digital Twin Intelligent Highway Management and Control Platform Passes Expressway Operation Inspection and Expert Committee Review

BEIJING, Aug. 3, 2022 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services (“LBS”) and high-definition maps (“HD Maps”) in China, today announced that Luokung’s independently developed digital twin visualized highway management and control platform (the “platform”) has passed the road… Continue reading Luokung’s Digital Twin Intelligent Highway Management and Control Platform Passes Expressway Operation Inspection and Expert Committee Review

Punjab EV policy aims at having at least 25% of new registrations to be electric in 5 years

New Delhi: The recently announced five-year Punjab EV policy aims at having at least 25% of annual vehicle registrations to be electric by the end of the policy period. Recognising the potential of EVs as a long-term sustainable solution, the state government’s dedicated policy is to promote electric vehicles (EVs) and EV component manufacturing and… Continue reading Punjab EV policy aims at having at least 25% of new registrations to be electric in 5 years

Two-wheeler sales pick up the pace in July

With supply chain issues showing more signs of normalcy, and economic activities pretty much on track, sales of two-wheelers have seen an uptick in the sales numbers. Normal monsoons and an increase in rural activities centered around agriculture are expected to keep the momentum going in the run-up to the festive season. Here are the… Continue reading Two-wheeler sales pick up the pace in July

@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30 June 2022002171

Ladies and Gentlemen, The BMW Group is a high-performing company with a global presence. It is financially strong, highly robust, innovative and also extremely flexible. This is especially important in the current situation with all the diverse and overlapping challenges we face right now. We are always focused on our company’s perspective for the future.… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30 June 2022002171

@BMW: Statement Dr Nicolas Peter, Member of the Board of BMW AG, Finance, Conference Call Half-Year Report to 30 June 2022002170

Good Morning, Ladies and Gentlemen. The BMW Group successfully managed the second quarter of 2022 and delivered good results – despite difficult business conditions. Overall, the first half of the year was characterised by continuing semiconductor bottlenecks and supply chain disruptions. This meant the BMW Group was not fully able to meet demand. As a… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of BMW AG, Finance, Conference Call Half-Year Report to 30 June 2022002170

GM’s Super Cruise will cover 400,000 miles of roads in North America, doubling coverage

Super Cruise, the “hands-free” advanced driver-assist system (ADAS) from General Motors, will soon be available on a lot more roads in North America. GM announced today that, later this year, the ADAS system will be able to operate on 400,000 miles of roads, including non-divided highways — which would essentially double Super Cruise’s current coverage… Continue reading GM’s Super Cruise will cover 400,000 miles of roads in North America, doubling coverage