Chinese electric vehicle stocks rose on Monday as XPeng (XPEV) announced a new production process that it says will lower costs. The updated Smart Electric Platform Architecture, known as SEPA 2.0, will optimize research and development cycles by 20%, according to the company. “It will make rapid advancements in technology available for our customers as… Continue reading China EV stocks rally after XPeng unveils ‘stunning’ cost savings, new production process
Tag: Manufacturing
NWTN Signs MOU with Al Kalid Auto L.L.C for the Sales of the Rabdan ONE in Kuwait
DUBAI, UAE, April 17, 2023 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today announced that it signed a memorandum of understanding (“MOU”) with Al Kalid Auto L.L.C. (“Al Kalid“) for the delivery of over one thousand Rabdan ONE vehicles over the next… Continue reading NWTN Signs MOU with Al Kalid Auto L.L.C for the Sales of the Rabdan ONE in Kuwait
Boris Wolstenholme Appointed CEO of Sentry Aerospares’ European Division
WATFORD, England and MORGANVILLE, N.J., April 17, 2023 /PRNewswire/ — Sentry Aerospares Limited (“SAS” or the “Company”), a portfolio company of Acorn Growth Companies (“Acorn”), announces the appointment of Boris Wolstenholme as CEO of its European division. In his capacity as European CEO, Mr. Wolstenholme will oversee all commercial and administrative functions of SAS’ European… Continue reading Boris Wolstenholme Appointed CEO of Sentry Aerospares’ European Division
American Power Systems launches new line of lower turn-on RPM alternators
Charge secondary battery banks faster, even at idle DAVENPORT, Iowa, April 17, 2023 /PRNewswire/ — American Power Systems, Inc. (APS) has developed a new series of lower turn-on RPM alternators ideal for those needing to fully charge secondary power banks in less time, even while idling. The new 130 HPI Series was developed to have… Continue reading American Power Systems launches new line of lower turn-on RPM alternators
AIIB Extends EUR140 Million to Enhance Türkiye’s Antalya Airport Expansion
BEIJING, April 17, 2023 /PRNewswire/ — The Asian Infrastructure Investment Bank (AIIB) has signed a EUR140-million loan with Fraport TAV Antalya Yatirim, Yapim ve Isletme (FTA) for the expansion and modernization of Antalya’s Airport in Türkiye to improve airport service and the availability of travel options. This capex bridge loan will facilitate greater cross-border connectivity… Continue reading AIIB Extends EUR140 Million to Enhance Türkiye’s Antalya Airport Expansion
Aircraft Doors Market to Surpass $9,057.5 Million and Grow at a CAGR of 6.2% in the 2022-2031 Timeframe [260-Pages] | Explained by Research Dive
The global aircraft doors market is expected to grow primarily due to the rising need for advanced aircraft doors in the aviation sector. Passenger doors sub-segment is expected to flourish immensely. The North America region is predicted to grow at a high CAGR by 2031 NEW YORK, April 17, 2023 /PRNewswire/ — Global Aircraft Doors Market… Continue reading Aircraft Doors Market to Surpass $9,057.5 Million and Grow at a CAGR of 6.2% in the 2022-2031 Timeframe [260-Pages] | Explained by Research Dive
General Motors Names KATCON GLOBAL a 2022 Supplier of the Year
SANTA CATARINA, Mexico, April 17, 2023 /PRNewswire/ — General Motors recognized KATCON as a 2022 Supplier of the Year. GM celebrated honorees at its 31st annual Supplier of the Year awards ceremony in San Antonio, Texas. GM’s Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM’s requirements, in turn providing… Continue reading General Motors Names KATCON GLOBAL a 2022 Supplier of the Year
Authentix® Completes Acquisition of Royal Joh. Enschedé Further Expanding Its Capabilities in Security Printing
ADDISON, Texas, April 17, 2023 /PRNewswire/ — Authentix, the authority in authentication and information services, announced that it has acquired Netherlands based Royal Joh. Enschedé, a leading specialty printing and security solutions provider from investment firm Nimbus. Founded in 1703, Koninklijke (Royal) Joh. Enschedé progressed from a small book printer to become a world-class security… Continue reading Authentix® Completes Acquisition of Royal Joh. Enschedé Further Expanding Its Capabilities in Security Printing
GEODIS MyParcel Expands Service Offering by Opening Two New Gateways
NASHVILLE, Tenn., April 18, 2023 /PRNewswire/ — Today, GEODIS announced it has expanded its direct-to-customer cross-border delivery service offering by opening two new airport gateway facilities in the United States. GEODIS MyParcel, which currently offers small parcel delivery service from the U.S. to 26 European continental countries, the UK and Canada, will now operate gateways… Continue reading GEODIS MyParcel Expands Service Offering by Opening Two New Gateways
Hexagon halves quality inspection cycles and enables flexible manufacturing with the PRESTO robotic inspection cell
HANNOVER, Germany, April 18, 2023 /PRNewswire/ — Hexagon’s Manufacturing Intelligence division has launched its new automated robotic inspection cell PRESTO, enabling manufacturers to reduce quality inspection times, increase efficiency, and streamline workflows. PRESTO will enable customers, such as automotive OEMs, to cope with the dynamic demands of the market – such as the shift to… Continue reading Hexagon halves quality inspection cycles and enables flexible manufacturing with the PRESTO robotic inspection cell