Cummins

Hyliion and Cummins Receive Certification From the California Air Resource Board for the Hypertruck ERX Electric Powertrain

Retrieved on: 
Monday, September 18, 2023

(NYSE: HYLN) (“Hyliion”), a leader in electrified solutions for Class 8 semi-trucks, and Cummins Inc. (NYSE: CMI) (“Cummins”), a global power solutions provider, today announced the two companies together have successfully obtained the Dual Executive Order from the California Air Resources Board (CARB) for the Hypertruck ERX powertrain paired with the Cummins ISX12N engine.

Key Points: 
  • (NYSE: HYLN) (“Hyliion”), a leader in electrified solutions for Class 8 semi-trucks, and Cummins Inc. (NYSE: CMI) (“Cummins”), a global power solutions provider, today announced the two companies together have successfully obtained the Dual Executive Order from the California Air Resources Board (CARB) for the Hypertruck ERX powertrain paired with the Cummins ISX12N engine.
  • View the full release here: https://www.businesswire.com/news/home/20230918381940/en/
    “This certification is pivotal to commercializing our Hypertruck ERX powertrain and enables us to provide our customers with a solution that supports their sustainability goals.
  • The Hypertruck ERX is an electric range extender powertrain that uses the Cummins’ natural gas engine as an onboard generator to recharge the batteries.
  • Offering up to 75 miles of electric range, the Hypertruck ERX powertrain meets California emissions standards to qualify as a NZEV under CARB’s ACT and ACF rulings.

Oracle Access Governance Helps Organizations Simplify the Security of Critical Digital Resources

Retrieved on: 
Wednesday, September 20, 2023

LAS VEGAS, Sept. 20, 2023 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced updates to Oracle Access Governance to help IT teams better assign, monitor, and manage user access to applications and other tech resources. This cloud-native service provides detailed visibility into how users interact with tech resources, helping to reduce risk by allowing only authorized users to use, see, or interact with restricted assets such as source code, patents, databases, applications, or infrastructure resources like cloud servers and services.

Key Points: 
  • Oracle Access Governance can detect the change in status from student to resident and automatically change permissions based on the needs of the new role.
  • Oracle Access Governance has helped make it easier for organizations to automate identity governance and administration tasks to better manage the access needs for large numbers of users with new features including:
    Dynamic Access Control: Helps automate the process of managing the identity lifecycle and resource access.
  • Streamlining the connection between application resources and Oracle Access Governance helps organizations better secure personal information about users.
  • "As we steer our path towards the adoption of a cloud native governance architecture, Oracle Access Governance rises as a critical player in this arena.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Applied Digital Corporation of Class Action Lawsuit and Upcoming Deadline – APLD

Retrieved on: 
Sunday, September 17, 2023

NEW YORK, Sept. 17, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) and certain officers.

Key Points: 
  • NEW YORK, Sept. 17, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) and certain officers.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Applied Digital, originally known as Applied Blockchain, designs, develops, and operates datacenters in North America, and provides artificial intelligence (“AI”) cloud services, computing datacenter hosting, and crypto datacenter hosting services.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Applied Digital Corporation of Class Action Lawsuit and Upcoming Deadline – APLD

Retrieved on: 
Saturday, September 9, 2023

NEW YORK, Sept. 09, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) and certain officers.

Key Points: 
  • NEW YORK, Sept. 09, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) and certain officers.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Applied Digital, originally known as Applied Blockchain, designs, develops, and operates datacenters in North America, and provides artificial intelligence (“AI”) cloud services, computing datacenter hosting, and crypto datacenter hosting services.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Amprius Technologies Forms Industry Advisory Council

Retrieved on: 
Wednesday, September 13, 2023

Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced the formation of its new Industry Advisory Council (the “Council”).

Key Points: 
  • Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced the formation of its new Industry Advisory Council (the “Council”).
  • Current independent director Mary Gustanski has been appointed Chair of the Council, and transportation industry veteran Tony Satterthwaite has been named the Council’s first outside member.
  • Ms. Gustanski and Mr. Satterthwaite, along with future Council members, will regularly meet with Amprius management to share perspectives and provide input on the Company's strategic plans and execution.
  • “Forming this Advisory Council represents another important step towards Amprius’ future as we look to become a renewable energy provider for multiple end markets,” said Amprius Chairman of the Board Don Dixon.

Gatik’s Chief Technology Officer and Co-founder, Arjun Narang, Honored as a 2023 Automotive News Rising Star

Retrieved on: 
Monday, September 11, 2023

Automotive News has named Arjun Narang, Chief Technology Officer and co-founder of Gatik, a 2023 Rising Star.

Key Points: 
  • Automotive News has named Arjun Narang, Chief Technology Officer and co-founder of Gatik, a 2023 Rising Star.
  • View the full release here: https://www.businesswire.com/news/home/20230911787404/en/
    Arjun Narang, Chief Technology Officer and Co-Founder of Gatik, honored as a 2023 Automotive News Rising Star.
  • "I am deeply honored to receive the 2023 Rising Star award during such a pivotal time in the autonomous transportation industry," said Arjun Narang, Chief Technology Officer and co-founder, Gatik.
  • In 2022, Gatik’s Chief Engineer and co-founder, Apeksha Kumavat, was honored as a 2022 Rising Star by Automotive News .

Global Hydrogen Market Set for Significant Expansion: Projected Value of $761.3 Billion by 2040 - ResearchAndMarkets.com

Retrieved on: 
Monday, September 11, 2023

The market is divided into North America, Europe, Asia Pacific, and the Rest of the World.

Key Points: 
  • The market is divided into North America, Europe, Asia Pacific, and the Rest of the World.
  • The Asia Pacific region is also noteworthy, with a projected revenue of US$ 209,017.9 million by 2027.
  • The report offers insights such as:
    Hydrogen market poised to grow at a CAGR of 7.58% from 2023 to 2040.
  • Questions Answered in the Report:
    What is the projected growth rate of the global Hydrogen market?

Terex Advance Signs Letter of Intent to Integrate and Offer Cummins X15H

Retrieved on: 
Monday, September 11, 2023

Cummins Inc. (NYSE: CMI), a global power solutions provider and Terex® Advance, leading manufacturer of front-discharge concrete mixer trucks, announced today the signing of a Letter of Intent (LOI) to integrate Cummins’ X15H hydrogen internal combustion engines into the Terex Advance Commander Series.

Key Points: 
  • Cummins Inc. (NYSE: CMI), a global power solutions provider and Terex® Advance, leading manufacturer of front-discharge concrete mixer trucks, announced today the signing of a Letter of Intent (LOI) to integrate Cummins’ X15H hydrogen internal combustion engines into the Terex Advance Commander Series.
  • Cummins’ X15H is a feasible zero-carbon option for our renowned front-discharge mixer trucks, and we are eagerly anticipating the future deployment of this technology,” said David Grabner, General Manager at Terex Advance.
  • Currently powered by Cummins diesel engines, the Terex Advance Commander Series will include a zero-carbon hydrogen fuel option when series production of Cummins’ X15H engines begins later this decade.
  • Significant commonality between the X15H and Cummins’ existing diesel platforms facilitates scale advantages in parts procurement and supports existing maintenance practices.

Hydrogen Engine Global Markets Report 2023-2028: OEM Giants Such as Cummins, Honda, Hyundai, Tata Motors, Hyzon Motors, and Nikola are Shaping the Hydrogen Vehicle Landscape - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 7, 2023

The hydrogen engine market was valued at $2.6 billion in 2022 and is projected to reach $10.5 billion by 2028.

Key Points: 
  • The hydrogen engine market was valued at $2.6 billion in 2022 and is projected to reach $10.5 billion by 2028.
  • Hydrogen as a fuel is one of the best alternative solutions for carbon emissions-related issues.
  • Most OEM (Original Equipment Manufacturer) companies, such as Hyundai, Toyota, Volvo & Daimler, and others, are engaged in producing fuel cell vehicles.
  • However, many OEM companies are working with fuel cell manufacturing companies to design and produce a complete vehicle.

Automotive Energy Recovery Systems Market to grow by USD 13.39 billion from 2022 to 2027, Increasing Traffic Congestion and Traffic Jams to boost the market growth- Technavio

Retrieved on: 
Wednesday, September 13, 2023

The increasing traffic congestion and traffic jams pushing demand for regenerative braking is a key factor driving market growth.

Key Points: 
  • The increasing traffic congestion and traffic jams pushing demand for regenerative braking is a key factor driving market growth.
  • One of the main problems that car energy harvesting systems on electric vehicles help to solve is the increase in traffic congestion in urban cities.
  • Stop-and-go traffic can have a serious impact on fuel efficiency due to increased engine idle time, making the role of automotive energy recovery systems increasingly practical.
  • The operational issues and relatively higher cost of automotive energy recovery systems are significant challenges restricting market growth.