Tag: Electric vehicles

Mercedes-Benz teams up with Luminar on self-driving tech

The Mercedes-Benz logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany, September 10, 2019. REUTERS/Ralph Orlowski/File Photo Register now for FREE unlimited access to Reuters.com Register San Francisco, Jan 20 (Reuters) – Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc (LAZR.O) to enable fully automated driving on… Continue reading Mercedes-Benz teams up with Luminar on self-driving tech

Mercedes-Benz acquires stake in lidar maker Luminar, will use its sensors for future autonomous vehicles

Mercedes-Benz announced it will integrate Luminar’s lidar sensors into future production vehicles to enable autonomous driving capabilities. The German automaker is also taking an equity stake in the Orlando, Florida-based company, acquiring a total of 1.5 million shares. Based on Luminar’s share price of $13.45 at market close January 19th, Mercedes-Benz is purchasing approximately $20.2… Continue reading Mercedes-Benz acquires stake in lidar maker Luminar, will use its sensors for future autonomous vehicles

Electric mobility: Valmet Automotive further expands Kinematic Systems product range

Valmet Automotive, a global leader in vehicle contract manufacturing and Tier-1 supplier of battery systems and roof and kinematic solutions, significantly expands its comprehensive product range of kinematic systems for electric vehicles. Due to the strong market trend to electric mobility, the company expects high growth potential in the business of additional comfort systems, but… Continue reading Electric mobility: Valmet Automotive further expands Kinematic Systems product range

Isuzu and Cummins Announce Battery Electric Truck Collaboration

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited announced an agreement to create a prototype medium-duty, battery electric truck to demonstrate in North America. This truck represents the first zero-emissions solution facilitated by the Isuzu Cummins Powertrain Partnership (ICPP) formed in May 2019. Through this arrangement, Cummins will integrate the Cummins PowerDrive6000 into… Continue reading Isuzu and Cummins Announce Battery Electric Truck Collaboration

Tesla Berlin factory to elect works council on Feb 28

BERLIN, Jan 20 (Reuters) – Tesla’s (TSLA.O) Berlin factory will elect its first works council on Feb. 28, Germany’s largest union IG Metall said on Thursday, expressing concern that it was too soon for the election to result in a truly representative body. Only one in six of the roughly 12,000 workers expected at the… Continue reading Tesla Berlin factory to elect works council on Feb 28

NIKOLA AND CORCENTRIC FLEET FUNDING SOLUTIONS SIGN AGREEMENT TO FACILITATE ZERO-EMISSION VEHICLE SALES FINANCING

PHOENIX, Jan. 20, 2022 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, and Corcentric Fleet Funding Solutions, a leading provider of leasing and financing solutions, today announced a signed agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and Nikola Tre hydrogen fuel cell electric vehicles… Continue reading NIKOLA AND CORCENTRIC FLEET FUNDING SOLUTIONS SIGN AGREEMENT TO FACILITATE ZERO-EMISSION VEHICLE SALES FINANCING

Schneider Electric Introduces Infrastructure of the Future

– Integrated suite of solutions to support green urbanization, electric mobility and counter the causes and effects of climate change – New approach will create more modern, sustainable, efficient, resilient and inclusive urban infrastructure – accelerating global decarbonization and promoting a better quality of life for all RUEIL-MALMAISON, France, Jan. 20, 2022 /PRNewswire/ — Schneider Electric, the leader… Continue reading Schneider Electric Introduces Infrastructure of the Future