Daimler

Class 4-5 RIZON Electric Trucks Officially Hit the Streets Throughout California

Retrieved on: 
Wednesday, March 27, 2024

RIZON trucks, exclusively distributed in the U.S. by Velocity EV, are set to revolutionize urban delivery applications by driving both economic and environmental sustainability.

Key Points: 
  • RIZON trucks, exclusively distributed in the U.S. by Velocity EV, are set to revolutionize urban delivery applications by driving both economic and environmental sustainability.
  • RIZON trucks can be customized with several different load body options for local goods movement, urban deliveries, and refrigerated deliveries.
  • Equipped with an electric power take-off (ePTO) controllable from the cab, these trucks offer added versatility for specialized equipment such as reefer belt drives and hydraulic pumps.
  • Velocity Truck Rental & Leasing: To provide California businesses with accessible zero-emission commercial vehicle solutions, Velocity has five e18L RIZON box trucks available for immediate rental or lease.

Global Connected Medium & Heavy Commercial Vehicles Industry Report 2024: Telematics Trends, Regional Assessments, Competitor Evaluations, Revenue Predictions, and Market Size Analyses - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 4, 2024

The "Global Connected Medium & Heavy Commercial Vehicles Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Connected Medium & Heavy Commercial Vehicles Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • This analysis of the global connected M&HCV industry examines telematics trends, regional assessments, competitor evaluations, revenue predictions, and industry size analyses.
  • The global telematics ecosystem in the medium and heavy commercial vehicles (M&HCV) industry is undergoing a tech-driven transformation, steering a new era of vehicle connectivity in the commercial vehicle space.
  • The main Megatrends driving transformation in the M&HCV telematics industry include driver-centric services, OEM telematics proliferation, and truck electrification.

Public Transport ITS in Europe and North America - ITS for Buses and Trams is Forecast to Grow at a CAGR of 7.1% to Reach € 4.26 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024

Approximately 60 billion and 12 billion public transport passenger journeys were carried out in Europe and North America respectively each year before the COVID-19 pandemic.

Key Points: 
  • Approximately 60 billion and 12 billion public transport passenger journeys were carried out in Europe and North America respectively each year before the COVID-19 pandemic.
  • Available transport modes include for example local and regional buses and trolleybuses, regional and suburban rail transport, metros and trams, and local waterborne passenger transport services.
  • In 2021, the number of registered buses and coaches in Europe and North America reached 0.86 million vehicles and 1.0 million vehicles respectively.
  • The economic value of public transport services in Europe is estimated to around € 145-155 billion per year, while the corresponding number in North America is around € 80-90 billion.

Plug Finalizes Contract to Support A Major U.S. Automobile Manufacturer’s Material Handling Operations

Retrieved on: 
Wednesday, February 21, 2024

LATHAM, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has finalized a contract to supply a major U.S. automobile manufacturer with hydrogen infrastructure and fuel cell solutions that will support material handling operations.

Key Points: 
  • LATHAM, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has finalized a contract to supply a major U.S. automobile manufacturer with hydrogen infrastructure and fuel cell solutions that will support material handling operations.
  • The manufacturing campus’s entire material handling fleet, including forklifts and tuggers, will run on Plug fuel cells.
  • In 2024, Plug will undertake the installation and commissioning of the hydrogen infrastructure, setting the stage for the facility's debut.
  • Plug has been a steadfast partner in advancing sustainable material handling operations for leading car manufacturers, including long standing collaborations with industry pioneers like BMW, Daimler, Honda, GM and Stellantis contributing to their commitment to environmental responsibility and operational efficiency.

Later Announces Leadership Transition, Names New CEO

Retrieved on: 
Tuesday, February 13, 2024

BOSTON, Feb. 13, 2024 /PRNewswire/ -- Later, a social and influencer marketing leader, announces co-founder and CEO Lyle Stevens will transition to Chief Strategy Officer and current COO, Scott Sutton will step into the role of CEO.

Key Points: 
  • BOSTON, Feb. 13, 2024 /PRNewswire/ -- Later , a social and influencer marketing leader, announces co-founder and CEO Lyle Stevens will transition to Chief Strategy Officer and current COO, Scott Sutton will step into the role of CEO.
  • "I am honored to accept the role of CEO," said Scott Sutton, CEO, Later.
  • Mavrck acquired Later in 2022, and earlier this year, the companies announced they united under the Later brand.
  • "I look forward to continuing to work closely with Scott through this transition and as we shape the strategy and future of Later," said Lyle Stevens, former CEO and now Chief Strategy Officer, Later.

Hexagon Purus ASA: Results for the fourth quarter 2023

Retrieved on: 
Tuesday, February 13, 2024

Full-year 2023 revenue ended at NOK 1,320 million, up 37% year-over-year;

Key Points: 
  • Full-year 2023 revenue ended at NOK 1,320 million, up 37% year-over-year;
    EBITDA ended at NOK -129 million in the fourth quarter of 2023.
  • “2023 has been an exciting and eventful year for Hexagon Purus, where we achieved significant growth from last year.
  • In the fourth quarter of 2023, Hexagon Purus (“the Company” or “the Group”) generated NOK 366 million in revenue.
  • Hexagon Purus’ order backlog, consisting of firm customer purchase orders, stood at approximately NOK 1.3 billion as of the fourth quarter of 2023, with the vast majority for execution during 2024.

Monarch Private Capital Welcomes Walter L. McLeod as Managing Director

Retrieved on: 
Monday, February 12, 2024

ATLANTA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Monarch Private Capital , a nationally recognized impact investment firm specializing in the development, financing, and management of projects generating federal and state tax credits, proudly announces the appointment of Walter L. McLeod as Managing Director of Monarch Strategic Ventures.

Key Points: 
  • ATLANTA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Monarch Private Capital , a nationally recognized impact investment firm specializing in the development, financing, and management of projects generating federal and state tax credits, proudly announces the appointment of Walter L. McLeod as Managing Director of Monarch Strategic Ventures.
  • Under the visionary leadership of Walter, Monarch Strategic Ventures was conceived with the explicit purpose of “forging dynamic connections between clean energy, affordable housing, and grid modernization.”
    “I am thrilled to join Monarch Private Capital and lead Monarch Strategic Ventures.
  • “Walter's extensive experience and reputation make him the ideal person to lead this venture,” stated Robin Delmer , Partner and Co-CEO of Monarch Private Capital.
  • For more information on Monarch Strategic Ventures, please contact Walter L. McLeod .

One Energy Announces Appointment of Thomas Russell to Chief Financial Officer

Retrieved on: 
Monday, February 5, 2024

One Energy Enterprises Inc., an industrial power company, announced today the appointment of Thomas “Tom” Russell to the position of Chief Financial Officer, reporting directly to CEO Jereme Kent.

Key Points: 
  • One Energy Enterprises Inc., an industrial power company, announced today the appointment of Thomas “Tom” Russell to the position of Chief Financial Officer, reporting directly to CEO Jereme Kent.
  • View the full release here: https://www.businesswire.com/news/home/20240205883801/en/
    One Energy CFO Thomas Russell (Photo: Business Wire)
    Mr. Russell is a global financial planning and analysis leader with more than 20 years of experience.
  • Mr. Russell has served as Director of Global Financial Planning & Analysis at Cooper Tire & Rubber Company (NYSE: CTB) and Vice President of Financial Planning & Analysis at Welltower (NYSE: WELL).
  • In October, One Energy energized the largest electric semi-truck charging site in the U.S. at its 30 MW Megawatt Hub Site in Ohio.

Automotive Lighting Market worth $30.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 30, 2024

The exterior lighting application is projected to lead the automotive lighting market during the review period.

Key Points: 
  • The exterior lighting application is projected to lead the automotive lighting market during the review period.
  • Thus, such advancement in exterior lighting is transforming the overall automotive lighting industry which will drive this market in upcoming years.
  • The LED lighting market will become a prominent technology in the automotive industry by the end of 2030 as it is more efficient than other technologies and is useful for adaptive lighting features.
  • On the other hand, mid-priced cars are getting installed with hybrid lighting, which combines halogen and LED lighting.

Automotive Lighting Market worth $30.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 30, 2024

The exterior lighting application is projected to lead the automotive lighting market during the review period.

Key Points: 
  • The exterior lighting application is projected to lead the automotive lighting market during the review period.
  • Thus, such advancement in exterior lighting is transforming the overall automotive lighting industry which will drive this market in upcoming years.
  • The LED lighting market will become a prominent technology in the automotive industry by the end of 2030 as it is more efficient than other technologies and is useful for adaptive lighting features.
  • On the other hand, mid-priced cars are getting installed with hybrid lighting, which combines halogen and LED lighting.