Lesjöfors expands in the US market through the acquisition of Plymouth Spring

Fri, Dec 10, 2021 18:04 CET Lesjöfors has acquired the assets and operations of Plymouth Spring Company, Inc., a US-based manufacturer of industrial springs. The acquisition is another step in Lesjöfors’s ambition to consolidate the industrial springs market and marks an expansion in the US market where it sees potential for further growth, both organic… Continue reading Lesjöfors expands in the US market through the acquisition of Plymouth Spring

@Daimler: 125 years of success for vans: The Benz delivery vehicle of 1896

World premiere: First motorised delivery vehicle with combustion engine Enthusiasm for innovative technology in the French market Differentiation of the Benz model range in 1896 First passenger car coupé makes its debut as a one-off model Stuttgart. Mercedes-Benz vans are all-rounders for transport, commercial, travel and leisure use: compact, manoeuvrable, versatile – and more and more… Continue reading @Daimler: 125 years of success for vans: The Benz delivery vehicle of 1896

Daimler Truck spin-off already unlocking value, Daimler CEO says

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December10, 2021. REUTERS/Staff Register now for FREE unlimited access to reuters.com Register FRANKFURT, Dec 10 (Reuters) – Spinning off Daimler Truck (DTGGe.DE) has already proven a solid move to unlock value for Daimler AG (DAIGn.DE) shareholders, CEO Ola Kaellenius… Continue reading Daimler Truck spin-off already unlocking value, Daimler CEO says

@niche: Lightyear receives Innovation Credit of €3.8 million from RVO for scaling up solar cell technologyWith the financing, Lightyear can develop a producti…001492

Helmond, the Netherlands, December 9th, 2021 — Lightyear, the high-tech company developing the world’s first long-distance solar car, is receiving an Innovation Credit of €3.8 million from the Rijksdienst voor Ondernemend Nederland (RVO, Netherlands Enterprise Agency). With the financing, Lightyear can develop a production facility for vehicle solar roofs, which will allow the company to… Continue reading @niche: Lightyear receives Innovation Credit of €3.8 million from RVO for scaling up solar cell technologyWith the financing, Lightyear can develop a producti…001492

Daimler Truck launched on stock exchange as an independent company

STUTTGART, Germany and FRANKFURT, Germany, Dec. 10, 2021 /PRNewswire/ — Today’s first day of trading on the Frankfurt Stock Exchange marks the start of a new era for Daimler Truck. Following the spin-off from Daimler AG, today’s first day of listing symbolizes Daimler Truck’s embarkment into unrestricted entrepreneurial independence. This is probably the most important milestone… Continue reading Daimler Truck launched on stock exchange as an independent company

@VW Group: Driving the Porsche Taycan Cross Turismo from Å to Bee004339

I encounter prejudices against e-mobility from people I know time and again. Often, it’s not even a matter of simply preferring the internal combustion engine, but rather of prevailing fears about suitability for everyday use, charging infrastructure, or range. It’s time to dispel these prejudices and go from A to B under real-world test conditions.… Continue reading @VW Group: Driving the Porsche Taycan Cross Turismo from Å to Bee004339

Self-driving startup Robotics Research raises $228m from SoftBank, others …

Self-driving technology startup Robotic Research said on Thursday it has raised $228 million from investors including SoftBank to scale up its commercial division’s solutions for trucks, buses and logistics vehicles. The fundraising round also included an investment from Luminar Technologies, which makes lidar sensors used in self-driving cars. Robotic Research has been working on a variety… Continue reading Self-driving startup Robotics Research raises $228m from SoftBank, others …

VW to pay $3.5 million to resolve Illinois diesel lawsuit

WASHINGTON, Dec 9 (Reuters) – Volkswagen AG’s (VOWG_p.DE) U.S. unit will pay $3.5 million to resolve a lawsuit by the state of Illinois against the German automaker for updates of emissions software arising from the 2015 diesel cheating scandal. Last month, the U.S. Supreme Court rejected Volkswagen’s bid to avoid lawsuits filed by officials in… Continue reading VW to pay $3.5 million to resolve Illinois diesel lawsuit

ServCity details urban autonomous testing program

ServCity is a research program that aims to help cities around the world solve a problem: how they can harness the latest autonomous vehicle technologies and successfully incorporate them into complex urban environments. Through this work, it will develop a blueprint that directly tackles the barriers to deploying autonomous vehicles in cities.  [embedded content] Through simulation, end-user experience research, and real-world testing, ServCity will inform how cities can… Continue reading ServCity details urban autonomous testing program

@GM: General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. December 9, 202…

General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. Rare earth materials sourced from Mountain Pass, California, will be manufactured into magnets at new MP Materials production facility in Fort Worth, Texas Rare earth magnets are critical components in GM Ultium Platform EV motors… Continue reading @GM: General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. December 9, 202…