Kongsberg Automotive (KA)’s Flow Control System (FCS) business unit has won a new contract for the production and delivery of air suspension systems for electric vehicles (EVs). At the same time, KA has secured a renewal of a contract with another customer, also towards the EV segment. KA’s hose assemblies for air suspension systems… Continue reading Kongsberg Automotive wins electric vehicle contracts worth over 11 million in estimated lifetime revenue
Tag: Strategy
Kongsberg Automotive wins a new contract for passenger cars worth over EUR 25 million in estimated lifetime revenue
Kongsberg Automotive’s Powertrain & Chassis Driveline business unit has been awarded a contract worth over EUR 25 million in estimated lifetime revenue for KA’s electric gear shift and park lock actuator. Kongsberg Automotive (KA)’s electric gear shift and park lock actuator comes with an automatic return to park feature, which allows the vehicle to be… Continue reading Kongsberg Automotive wins a new contract for passenger cars worth over EUR 25 million in estimated lifetime revenue
CARWIZ Connects With Croatia Airlines
The FLY&DRIVE joint service offered by Croatia Airlines and CARWIZ International gives passengers who use both companies’ services a discount. CARWIZ Croatia Airlines and CARWIZ International have reached a business agreement that will expand their collaboration through the FLY&DRIVE project. The contract, signed at Croatia Airlines’ Technical Centre at Zagreb International Airport in the cockpit… Continue reading CARWIZ Connects With Croatia Airlines
Ford counters Tesla with seven-seat electric crossover
Ford CEO Jim Farley has confirmed that the company will make a seven-seat electric SUV as it tries to differentiate itself in an EV market that is reaching “overcapacity”. Ford posted losses of $700 million (£558m) for its Model E electric division in the first quarter of this year amid slowing sales for the Mustang… Continue reading Ford counters Tesla with seven-seat electric crossover
BorgWarner to Provide Battery Packs for Electric Buses to Global Power Technology Company
BorgWarner’s ultra-high energy battery packs provide active cooling and deliver industry-leading energy density Packs feature state-of-the-art safety elements that satisfy strict industry standards Production of packs kicked off in March 2023 AUBURN HILLS, Mich., May 4, 2023 /PRNewswire/ — BorgWarner has been selected by a global power technology leader to supply battery packs for a… Continue reading BorgWarner to Provide Battery Packs for Electric Buses to Global Power Technology Company
BorgWarner to Supply eMotors for Leading Automotive Manufacturer in China
BorgWarner’s High-Voltage Hairpin (HVH) eMotors to be used in the automaker’s Dedicated Hybrid Transmission (DHT) and Range Extended Electric Vehicle (REEV) Company expands into DHT and REEV market with high efficiency, small size and competitive motor products Further strengthens BorgWarner’s leadership in hairpin motor technology AUBURN HILLS, Mich., May 4, 2023 /PRNewswire/ — BorgWarner, a… Continue reading BorgWarner to Supply eMotors for Leading Automotive Manufacturer in China
Driven by Innovation: DXC Technology Announces Partnership with Scuderia Ferrari
Multi-year agreement includes commitment to engineer automotive digital solutions DXC logo to appear on SF-23 commencing Formula 1 Miami Grand Prix ASHBURN, Va., May 3, 2023 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, today announced it has signed a multi-year agreement with Scuderia Ferrari, the racing division of… Continue reading Driven by Innovation: DXC Technology Announces Partnership with Scuderia Ferrari
By 2028, Automakers Will Save US$1.5 Billion Using Over-the-Air Updates to Fix Recalled Cars
The ability to remotely update faulty software in vehicles will be a key asset for automakers LONDON, May 3, 2023 /PRNewswire/ — By 2028, automakers in the United States will use Over-the-Air (OTA) update capabilities to save US$1.5 billion by remotely implementing fixes to product recalls. According to global technology intelligence firm ABI Research, performing… Continue reading By 2028, Automakers Will Save US$1.5 Billion Using Over-the-Air Updates to Fix Recalled Cars
River Logic Dramatically Advances Supply Chain Experience with Enhancements to its Digital Planning Twin™
River Logic’s technological innovation provides a more intuitive experience for diverse supply chain customers DALLAS, May 4, 2023 /PRNewswire/ — River Logic, a leading provider of supply chain design and planning solutions, announced an upgraded release of its state-of-the-art platform. The foundation of River Logic´s platform is the Digital Planning Twin™ that provides business leaders… Continue reading River Logic Dramatically Advances Supply Chain Experience with Enhancements to its Digital Planning Twin™
Global Beach Hotels Market Report 2023: Preference for Hotels With Extra-Curricular Activities Such as Spas and Hiking Bolsters Sector
DUBLIN, May 4, 2023 /PRNewswire/ — The “Global Beach Hotels Market by Services (Accommodation, Food & Beverage, Spa), Type (Budget, Premium, Standard), Occupancy – Cumulative Impact of High Inflation – Forecast 2023-2030” report has been added to ResearchAndMarkets.com’s offering. The Global Beach Hotels Market size was estimated at USD 189.60 billion in 2022, USD 200.78 billion… Continue reading Global Beach Hotels Market Report 2023: Preference for Hotels With Extra-Curricular Activities Such as Spas and Hiking Bolsters Sector