Get Ahead in the Transportation Equipment Industry with Detailed Company Profiles

DUBLIN, Oct. 4, 2023 /PRNewswire/ — The “Transportation Equipment Industry Database” database has been added to ResearchAndMarkets.com’s offering. The Transportation Equipment Industry Database offers comprehensive profiles of various companies in the transportation equipment industry, including manufacturers, wholesalers, distributors, transportation and logistics firms, engineering and construction companies, and other industrial suppliers and service providers falling under the… Continue reading Get Ahead in the Transportation Equipment Industry with Detailed Company Profiles

Blackstone teams up with SG-based portfolio firm Interplex to launch mobility businessBlackstone acquired Interplex from EQT BPEA last year.

Blackstone Private Equity has teamed up with its Singapore-based portfolio company Interplex to launch ENNOVI, a new mobility electrification solutions business that designs, develops, and engineers innovative interconnect solutions for the electric vehicle (EV) industry. The carve-out of Interplex’s mobility business was the culmination of a strategic reorganisation and transformation of its core business, the… Continue reading Blackstone teams up with SG-based portfolio firm Interplex to launch mobility businessBlackstone acquired Interplex from EQT BPEA last year.

Should You Hold Eaton Corporation (ETN)?

ClearBridge Investments, an investment management company, released its “ClearBridge Sustainability Leaders Strategy” second quarter 2023 investor letter. A copy of the same can be downloaded here. The strategy underperformed its benchmark, the Russell 3000 Index, in the quarter.  The strategy gained seven out of 10 sectors in which it invested during the quarter, on an absolute… Continue reading Should You Hold Eaton Corporation (ETN)?

Uber couriers will now drop your package off at the post office

Uber is expanding its peer-to-peer package delivery service, Uber Connect. Now, customers who don’t want to schlep a package to the post office can request an Uber courier to do it for them with the new ‘Return a Package’ feature. Uber couriers can pick up five packages at a time to be delivered at your… Continue reading Uber couriers will now drop your package off at the post office

STOREDOT SIGNS STRATEGIC AGREEMENT WITH FLEX|N|GATE TO PRODUCE EXTREME FAST CHARGING BATTERY CELLS FOR US EV MARKET

StoreDot partners with leading Tier 1 global automotive component supplier, enhancing its path to OEM commercialization Collaboration gives StoreDot strategic North American manufacturing footprint and the ability to supply car makers with robust, proven XFC cells in their desired formats Flex|N|Gate Group’s cell pilot factory in Windsor, Ontario will produce StoreDot’s 100in5 XFC samples for customers… Continue reading STOREDOT SIGNS STRATEGIC AGREEMENT WITH FLEX|N|GATE TO PRODUCE EXTREME FAST CHARGING BATTERY CELLS FOR US EV MARKET

Interplex Announces Launch of ENNOVI, a Mobility Electrification Business

The new company will focus on designing, developing, and engineering battery systems and products for electric vehicles SINGAPORE, Oct. 4, 2023 /PRNewswire/ — Blackstone, in partnership with its portfolio company Interplex, a world leader in innovative and customized interconnect and mechanical products, has announced the strategic launch of ENNOVI, a new mobility electrification solutions business… Continue reading Interplex Announces Launch of ENNOVI, a Mobility Electrification Business

SKF inaugurates factory in Monterrey, Mexico

GOTHENBURG, Sweden, Oct. 4, 2023 /PRNewswire/ — SKF has inaugurated its new facility in Monterrey, Mexico, a greenfield factory investment totaling SEK 700 million. This will support SKF’s strategic development in the Americas and meet customer needs as focus on electrification increases. The investments are also an important step in SKF’s ongoing Automotive portfolio re-positioning towards… Continue reading SKF inaugurates factory in Monterrey, Mexico

SKF inaugurates factory in Monterrey, Mexico

GOTHENBURG, Sweden, Oct. 4, 2023 /PRNewswire/ — SKF has inaugurated its new facility in Monterrey, Mexico, a greenfield factory investment totaling SEK 700 million. This will support SKF’s strategic development in the Americas and meet customer needs as focus on electrification increases. The investments are also an important step in SKF’s ongoing Automotive portfolio re-positioning towards… Continue reading SKF inaugurates factory in Monterrey, Mexico

Hero MotoCorp receives 13,688 bookings for Karizma XMR, deliveries to commence from this month

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has received 13,688 bookings for its newly launched flagship motorcycle, Karizma XMR.   Dispatches of Karizma XMR to Hero MotoCorp dealerships have already started and customer deliveries will begin in the festive period this month. The Karizma XMR was launched at an introductory price of Rs 1.73 lakh… Continue reading Hero MotoCorp receives 13,688 bookings for Karizma XMR, deliveries to commence from this month

Epsilon Group acquires LFP cathode technology centre in Germany

Epsilon Group, an Indian battery materials manufacturer, today announced it has signed an agreement to acquire Johnson Matthey’s lithium-ion phosphate (LFP) cathode active material technology center in Moosburg, Germany. Financial details of the acquisition remain undisclosed.  The acquisition allows Epsilon to go to market with a proven high-performance cathode active material produced at scale. “At… Continue reading Epsilon Group acquires LFP cathode technology centre in Germany