Cepton Announces $50M Committed Investment in Cepton’s Business From KOITO After ADAS Design Win at a Major Global OEM
— KOITO deepens relationship with Cepton by committing to a second investment in Cepton’s business in two years to support advanced OEM engagements worldwide — SAN JOSE, Calif.–(BUSINESS WIRE)–#ADAS–Cepton Technologies, Inc. (“Cepton”), a leader in high performance MMT® lidar solutions for Advanced Driver Assistance Systems (ADAS), Autonomous Vehicles (AV) and Smart Infrastructure applications, announced today […]
Fastenal Teams With Penske to Pilot Freightliner Electric Tractor
WINONA, Minn.–(BUSINESS WIRE)–As the commercial trucking industry moves forward in developing alternative fuel equipment, Fastenal is helping to drive innovation. Since early 2020, the supply chain organization has participated in a long-term test program of two battery electric Freightliner eM2 box trucks within its Los Angeles metro area operations. In that same spirit of environmental […]
