GEFCO develops road-rail solution for Toyota Motor Europe

GEFCO has created an innovative road-rail solution to save Toyota Motor Europe in CO2 emissions. Drawing on GEFCO’s multimodal logistics expertise, this service transports automotive parts in reusable containers from Spain to the north of France in two daily return journeys. Compared with the previous road-only transportation, this solution enables Toyota to significantly reduce its […]
Maruti Suzuki to set up new manufacturing plant in Haryana, India

Maruti Suzuki has been in discussion with the Government of Haryana for investment in a new manufacturing site for its proposed capacity expansion. The Company completed recently, the process of allotment of an 800 acres site at IMT Kharkhoda in District Sonipat with HSIIDC (Haryana State Industrial and Infrastructure Development Corporation Limited). The first plant […]
The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum joins World AI Show & Awards – Dubai

The World AI Show & Awards – Dubai, which is held under the patronage of the Private Office of Sheikh Saeed Bin Ahmed Al Maktoum, a member of the royal family of Dubai, is taking place on 25 – 26 May 2022 at Jumeirah Emirates Tower, Dubai. The Private Office was established by His Highness […]
Provenir Joins Visa Ready for BNPL Program

Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it is part of the Visa Ready for BNPL program, providing lenders offering Buy Now Pay Later (BNPL) services the ability to make data-fueled and AI-powered intelligent decisions. The recent announcement shapes Provenir’s established partnership with Visa, leveraging Visa’s collaboration, […]
AllianceCorp onboards Rimini Street for advanced IT strategy

Rimini Street, Inc, a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, recently announced that AllianceCorp Manufacturing Holdings (ACM), an international provider of integrated contract manufacturing solutions for precision parts, mechatronics modules, and equipment headquartered in Malaysia, has partnered with […]
Ultivue enters multiple partnerships for advanced mIF and AI in translational science

Ultivue, Inc., an industry leader in multiplexing assays and analytics solutions for tissue biomarker studies, recently announced multiple collaborations for AI-powered spatial phenomics solutions for translational research groups and Biopharma. Ultivue develops unique workflows for use in both multiplex immunofluorescence (mIF) imaging and spatial phenomics. Its proprietary InSituPlex® technology is designed for fast and comprehensive […]
Webasto and Vestel to showcase Webasto Unite EV charging unit at Power2Drive

Webasto, systems partner to the electromobility sector, will showcase a special highlight at this year’s Power2Drive event. Vestel, a crosssector manufacturer of electronics and mobile technologies among others, together with the innovative automotive supplier, will introduce their first joint product, the smart wallbox Webasto Unite. Charging solution for businesses The new Webasto Unite wallbox is […]
Foxconn acquires Lordstown plant in the US for EV manufacturing

Hon Hai Technology Group (Foxconn), the world’s largest technology manufacturer and service provider, and Lordstown Motors Corp. (“Lordstown Motors” or “LMC”), an OEM of electric light-duty trucks focused on the commercial fleet market, have announced recently the signing of a contract manufacturing agreement and a joint venture agreement for product development. As previously disclosed on […]
KPIT opens new Software Excellence Centre in India

KPIT Technologies Ltd, a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality, announced the development of the Software Excellence Centre in Kochi. The Centre will be developed along with PathPartner Technology, which joined the KPIT family in 2021. KPIT’s strategic partnership with global OEMs and Tier 1s and focus on building […]
Schneider Electric to acquire AutoGrid for new expansions and innovations

AutoGrid, a leader in artificial intelligence (AI)-driven optimization for distributed energy resources (DERs), has signed a definitive agreement to be acquired by Schneider Electric, the global specialist in energy management and automation. The transaction is subject to regulatory approval and other customary closing conditions and is expected to close in Q3, 2022. The acquisition will […]