Japanese Partners JBIC and JNI procures Fluor-held NuScale Equity
NuScale had welcomed the latest investment from world-class partners in Japan NuScale Innovation, LLC (JNI). Japan Bank for International Cooperation (JBIC) has joined JNI in making a strategic investment of $110 million in NuScale through the purchase of equity from Fluor Corporation, which remains the majority owner of NuScale. According to JNI and JBIC’s statement, […]
2TokensFoundation-RIDDLE&CODE ES alliance work on ETS in the EYS
RIDDLE&CODE Energy Solutions, a 50:50 joint venture between Wien Energie and RIDDLE&CODE, joined the 2Tokens consortium as a founding member of the Energy Token working group. After having been an associated partner since 2020, the firm’s decision to become an active contributor is a consequent step on its path to developing an international service portfolio. […]
iLearningEngines acquires in2vate for Expansion, leadership in AI driven learning automation
iLearningEngines Inc, an enterprise software leader in AI-powered learning automation has acquired in2vate LLC, headquartered in Tulsa, Oklahoma, a risk management and learning platform provider. Their clients provide coverage for liability, workers’ compensation, healthcare, law enforcement, and cyber security sectors. In2vate claims to be serving in excess of two million users delivering high-impact risk management […]
Stellantis participates in live trial of 5G cellular connected vehicle technology
Stellantis participated in the 5G Automotive Association (5GAA) live trial of 5G cellular connected vehicle communication and multi-access edge computing (MEC) technology in Blacksburg, Virginia. The live trial of the new driver and pedestrian safety concept piloted new roaming technology for traffic safety. “Making roads safer for drivers and pedestrians is the ultimate goal of developing these […]
Daimler Truck expands training center for electric powertrain experts
Daimler Truck North America (DTNA) recently announced the opening of the expanded Detroit Service Training Center, which will be used to train technicians in electric powertrain service, battery maintenance and full truck repair. “For the trucking industry to successfully transition to zero-emission vehicles, technicians need to know how to diagnose, service and maintain new technology […]
NASA elects Blue Canyon Technologies for creating SBs for HelioSwarm Mission
Small satellite manufacturer and mission services provider Blue Canyon Technologies LLC or “BCT” or “Blue Canyon”, a wholly-owned subsidiary of Raytheon Technologies, was selected to manufacture eight X-SAT Venus ESPA-class microsatellite buses for NASA’s HelioSwarm science mission. According to the sources from Blue Canyon Technologies, the purpose of the mission will be to study solar […]
Webasto unveils new rooftop air conditioner for caravans and motorhomes
Thermomanagement expert Webasto is expanding its range of rooftop air conditioners for caravans and motorhomes with its new Cool Top Trail 28. The model offers a cooling capacity of 2.8 kilowatts and is suitable for vehicles of up to 8.5 meters in length. It comes with external dimensions of 85.5 x 65.7 x 21.5 centimeters […]
Allison Transmission acquires AVTEC’s Off-HTP,CMBs
Allison Transmission recently announced that it has accomplished the acquisition of India-based AVTEC Ltd.’s off-highway transmission portfolio (HTP) and AVTEC’s Madras Export Processing Zone (MEPZ) off-highway component machining business (CMB). The deal, which was first announced on September 16, 2021, has officially closed as of March 30th, 2022. Todd Bradford, VP, Strategy, Business, and Corporate […]
Skoda Auto appoints Klaus Zellmer as the new Chairman of the Board of Management
As of 1 July 2022, the new Chairman of the Board of Management of ŠKODA AUTO a.s. will be Klaus Zellmer, who is currently the Volkswagen brand Board member responsible for Sales, Marketing and After Sales. Current ŠKODA AUTO CEO, Thomas Schäfer, will take over as Chairman of the Board of Management of the Volkswagen […]
BYD to deliver 48 units of eBuses to Volanbusz in Hungary
BYD, the world’s leading manufacturer of New Energy Vehicles (NEV) and power batteries, has been awarded a substantial electric bus order from Volánbusz Zrt, Hungary’s largest public transport operator. The sizeable order for 48 units of 12-metre BYD low-entry eBuses was placed on 1st April 2022 as part of a formal signing ceremony attended by […]
