Schrödinger elects Arun Oberoi to Board of Directors

Schrödinger, Inc. whose physics-based software platform is transforming the way therapeutics and materials are discovered, recently announced the electing of Arun Oberoi to its Board of Directors, effective May 17, 2022. Mr. Oberoi will serve as a member of the Audit Committee. Mr. Oberoi is the former executive vice president, global sales and services, of […]

Kia to set up new plant in South Korea for electric PBVs

Kia Corporation, which is in the midst of its transition into a sustainable mobility provider, has announced today that it will establish an all-new, high-tech smart manufacturing facility dedicated to producing electric Purpose Built Vehicles (PBVs). The intelligent new production hub for PBVs will be located within Kia’s existing Hwaseong manufacturing site in Korea. The […]

MAS backs FinTech STACS for Singapore ESG Registry

Hashstacs Pte Ltd (‘STACS’) has developed and launched its ESGpedia registry platform. ESGpedia aims to improve sustainability data quality to support more effective sustainable finance. Launched with a live showcase at the Project Greenprint Industry Showcase Event (May 18) organized by the Monetary Authority of Singapore (‘MAS’), Singapore FinTech Association (‘SFA’), and STACS, ESGpedia aggregates, […]

Rainer Stiller to take charge as Vertiv CMO

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has named Rainer Stiller the company’s new Chief Marketing Officer (CMO), effective immediately. Stiller will lead Vertiv’s global marketing organization as it continues its vision of providing customers with a more innovative and personal digital marketing experience. Stiller joined Vertiv in 2017 as Vice […]

Veoneer to supply cameras for automated driving in BMW vehicles

The automotive technology company Veoneer has signed an agreement to equip BMW Group vehicles with camera heads for their next generation vision system for Automated Driving. The camera heads support the cooperation between BMW Group, Qualcomm Technologies, and Arriver which was announced in March this year. The high definition 8 MP camera, mounted behind the […]

BlackBerry partner Magna for advanced ADAS solutions

BlackBerry Limited and Magna International Inc. have entered into a multi-year agreement to collaborate on various integrated Advanced Driver Assistance Systems (ADAS) solutions. With OEMs launching vehicles with ever expanded feature sets, the global ADAS market is set for significant growth over the next decade.  As part of the agreement, BlackBerry will provide Magna with QNX software including […]

Sika opens new plant for mortar and admixtures in Bolivia

Sika, a Switzerland-based chemical company, has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia. With this new facility in one of the country’s main industrial agglomerations, Sika is positioning itself for continued growth in the dynamic Bolivian construction market. Sika’s new […]

FirstClose closes USD 35 million investment from Lateral for new strategies

FirstClose, Inc., a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, has closed a USD 35 million investment from growth equity firm Lateral Investment Management to accelerate its product and growth strategies. FirstClose provides underwriting workflow automation technology, point-of-sale software, and data services for the U.S. home equity […]

Volvo Trucks opens its first battery assembly plant

Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks’ full electric heavy-duty trucks. “This investment shows our strong commitment to electrifying truck transportation. By 2030, at least 50 percent of all trucks we sell globally will be electric and by 2040, […]

Volta Trucks onboards Carrier Transicold for Volta Zero electric trucks

Volta Trucks, a leading and disruptive full-electric commercial vehicle manufacturer and services provider, has confirmed the selection of Carrier Transicold as the sole supplier of refrigerated equipment for the full-electric 16-tonne Volta Zero. Carrier Transicold is a part of Carrier Global Corporation, the leading global provider of healthy, safe, sustainable, and intelligent building and cold […]