BENTELER is about to secure a multi-million investment for autonomous HOLON Mover

TASARU Mobility Investments intends to acquire minority stake in HOLON business for nine-digit sum Investment secures series development and industrialization of the autonomous, fully electric and inclusive shuttle Construction of three production plants planned in Europe, Saudi Arabia and the USA SALZBURG, Austria, PADERBORN, Germany and RIYADH, Saudi Arabia, Feb. 7, 2024 /PRNewswire/ — The BENTELER Group… Continue reading BENTELER is about to secure a multi-million investment for autonomous HOLON Mover

BENTELER is about to secure a multi-million investment for autonomous HOLON Mover

TASARU Mobility Investments intends to acquire minority stake in HOLON business for nine-digit sum Investment secures series development and industrialization of the autonomous, fully electric and inclusive shuttle Construction of three production plants planned in Europe, Saudi Arabia and the USA SALZBURG, Austria, PADERBORN, Germany and RIYADH, Saudi Arabia, Feb. 7, 2024 /PRNewswire/ — The BENTELER Group… Continue reading BENTELER is about to secure a multi-million investment for autonomous HOLON Mover

BENTELER is about to secure a multi-million investment for autonomous HOLON Mover

TASARU Mobility Investments intends to acquire minority stake in HOLON business for nine-digit sum Investment secures series development and industrialization of the autonomous, fully electric and inclusive shuttle Construction of three production plants planned in Europe, Saudi Arabia and the USA SALZBURG, Austria, PADERBORN, Germany and RIYADH, Saudi Arabia, Feb. 7, 2024 /PRNewswire/ — The BENTELER Group… Continue reading BENTELER is about to secure a multi-million investment for autonomous HOLON Mover

MSA Safety Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call

PITTSBURGH, Feb. 7, 2024 /PRNewswire/ — MSA Safety Incorporated (NYSE: MSA), the global leader in the development, manufacture and supply of safety products and software that protect people and facility infrastructures, today announced that it will host the company’s fourth quarter and full year 2023 earnings conference call on Thursday, February 15, 2024 at 10:00… Continue reading MSA Safety Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call

Yuma Energy completes 10 m battery swaps in a year

Yuma’s rapid growth makes it one of India’s largest and fastest-growing BaaS networks. New Delhi: Yuma Energy, the technology-powered battery-as-a-service (BaaS) company founded as a joint venture between Magna and Yulu, has completed 10 million battery swaps. Yuma’s rapid growth makes it one of India’s largest and fastest-growing BaaS networks. With 125-plus Yuma stations clocking… Continue reading Yuma Energy completes 10 m battery swaps in a year

Valmet’s Financial Statements Review January 1 – December 31, 2023: Orders received amounted close to EUR 5.0 billion and Comparable EBITA increased to EUR 619 million in 2023

ESPOO, Finland, Feb. 7, 2024 /PRNewswire/ — Figures in brackets, unless otherwise stated, refer to the comparison period, i.e., the same period of the previous year. October–December 2023: Net sales remained at the previous year’s level, Comparable EBITDA decreased Orders received decreased 17 percent to EUR 1,155 million (EUR 1,385 million). –  Orders received remained at the… Continue reading Valmet’s Financial Statements Review January 1 – December 31, 2023: Orders received amounted close to EUR 5.0 billion and Comparable EBITA increased to EUR 619 million in 2023

Foxconn India to spend INR 1,200 cr to build a factory, scale up operations

The investment was made through a Foxconn subsidiary – Hon Hai Technology India Mega Development. Chip-making giant Foxconn said on Tuesday that its Indian subsidiary will spend INR 1200 crore to build a factory. The new facility will come up on a company-owned land. In an exchange filing, which has been reviewed by ET, the… Continue reading Foxconn India to spend INR 1,200 cr to build a factory, scale up operations

Magna wins specialised eDrive system business with North American OEM

Magna is growing its electrification customer base with a newly awarded contract from a North America-based OEM to supply a specialized primary rear eDrive system for one of the company’s high-end niche vehicle platforms. The award reinforces Magna’s commitment to supporting the automotive industry’s short and long-term transformational needs. The highly complex system, a variant… Continue reading Magna wins specialised eDrive system business with North American OEM

Magna wins specialised eDrive system business with North American OEM

Magna is growing its electrification customer base with a newly awarded contract from a North America-based OEM to supply a specialized primary rear eDrive system for one of the company’s high-end niche vehicle platforms. The award reinforces Magna’s commitment to supporting the automotive industry’s short and long-term transformational needs. The highly complex system, a variant… Continue reading Magna wins specialised eDrive system business with North American OEM

Magna Awarded Specialized eDrive System Business With North America-Based OEM

New electrification program to support high-end niche vehicle platform Primary rear system is a variant of Magna’s 800V eDS Duo, delivering exceptional power and performance in one package Award reflects company’s expertise in electric powertrain system engineering, integration AURORA, Ontario, Feb. 06, 2024 (GLOBE NEWSWIRE) — Magna is growing its electrification customer base with a… Continue reading Magna Awarded Specialized eDrive System Business With North America-Based OEM