U.S. Senate Majority Leader Charles E. Schumer Visits Li-Cycle Rochester Hub
Senator Schumer commends Li-Cycle for its contributions toward building a sustainable domestic battery materials supply chain in the United States Li-Cycle’s Rochester Hub is expected to be a significant new source of battery materials in North America, including battery grade lithium carbonate TORONTO–(BUSINESS WIRE)–Li-Cycle Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in […]
Allison Transmission and Anadolu Isuzu Partner on Electric Trucks and Buses
Allison eGen Power® 100S electric axles will be integrated into light-duty truck and midibus platforms for refuse, distribution and public transportation INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce a strategic joint cooperation agreement (JCA) with Turkey’s leading bus and truck […]
Ford Previews Effect of Parts Shortages on Q3 Performance, Reaffirms Full-Year Adjusted EBIT Guidance of $11.5-$12.5B
Expects to have about 40,000 to 45,000 vehicles in inventory at end of third quarter lacking certain parts presently in short supply Says “vehicles on wheels” awaiting those parts disproportionately include high-demand, high-margin models of popular trucks and SUVs Advises that completing such vehicles will shift some revenue and EBIT to Q4; based on recent […]
Impossible Metals (YC W22) Declares It’s Not Mining but Harvesting Critical Seabed Battery Minerals
The fractious debate around seabed minerals compels Impossible Mining to change its name SAN JOSE, Calif.–(BUSINESS WIRE)–Today, Impossible Mining reemerges as Impossible Metals. After careful consideration of the fractious debate surrounding seabed critical minerals, along with the novel approach to harvesting metals in a way that keeps the ecosystem intact, and processing metals using naturally […]
QUANTRON to Unveil First Hydrogen Fuel Cell Truck Equipped With Allison eGen Power® Electric Axle at IAA
Allison Transmission is supplying the eGen Power® electric axle for QUANTRON’s first hydrogen-powered fuel cell electric vehicle (FCEV), a heavy-duty tractor for long-distance and heavy-duty applications. The vehicle will be displayed for the first time at the QUANTRON booth at IAA. HANOVER, Germany–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle […]
Solera Panel to Discuss Perfect Balance Between Touchless Claims and Manual Interactions in Claims Workflow at InsureTech Connect
Multiple panels focus on digitizing the insurance experience and processing touchless claims WESTLAKE, Texas–(BUSINESS WIRE)–Solera Holdings, LLC, the global leader in vehicle lifecycle management, will be hosting an engaging panel discussion during InsureTech Connect in Las Vegas, followed by a networking event. The conference, which will be held at Mandalay Bay Resort from Sept. 20-22, […]
Helios Technologies Closes Acquisition of Daman Products
Flywheel acquisition strategically enhances Helios’ Hydraulics segment technologies with leading complex manifold design and manufacturing for precision hydraulic manifolds SARASOTA, Fla.–(BUSINESS WIRE)–Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that it has completed the acquisition of Daman […]
Helbiz Releases ParkSense — Proprietary AI Parking Validation Technology
The technology platform, developed in-house by Helbiz, will be available for sale to other micro-mobility operators for regulation compliance NEW YORK–(BUSINESS WIRE)–$HLBZ–Helbiz (NASDAQ: HLBZ) today announced the release of ParkSense, an AI-powered parking verification tool that allows Helbiz and other operators to easily be compliant with local regulations. Instead of relying on location data, ParkSense […]
SIXAI Launching Massive Global Deployment of Autonomous Mobile Robots in Manufacturing Facilities Worldwide
SIXAI and Musashi Seimitsu drive the frontier of robotics with plans for the worldwide deployment of MAESTRO, an AI-enabled autonomous mobile robot management platform that will direct Autonomous Mobile Robots (AMRs), allowing the redistribution of human workers to more value-added jobs, while strengthening the supply chain. NEVE ILAN, Israel & TOYOHASHI, Japan–(BUSINESS WIRE)–SIXAI, the […]
AutoSens Names Continental HRL131, Powered by AEye Technology, Industry’s Best Lidar Sensor
AEye and Continental Selected by AutoSens Panel of Automotive Industry Luminaries for Lidar Leadership in Developing Groundbreaking ADAS and Autonomous Vehicle Product DUBLIN, Calif.–(BUSINESS WIRE)–$LIDR—AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced that AutoSens has named Continental’s HRL131 long-range lidar sensor, built on AEye’s 4Sight Intelligent Sensing Platform, the […]
