Commercial vehicle

EQS-News: GRAMMER increases revenue and earnings in FY 2023 and appoints COO Guoqiang Li to the Executive Board

Retrieved on: 
Wednesday, April 10, 2024
Commercial vehicle, Tax, Consolidated, Supervisory board, Original equipment manufacturer, CFO, COVID-19, Mercedes-Benz GLC, Executive Committee, Bank statement, Plant, Ursensollen, NEV, Automotive industry, Film industry

Consolidated earnings before interest and taxes amounted to EUR 42.0 million in the 2023 financial year, compared to EUR -45.0 million in the previous year.

Key Points: 
  • Consolidated earnings before interest and taxes amounted to EUR 42.0 million in the 2023 financial year, compared to EUR -45.0 million in the previous year.
  • The more stable business performance in APAC and the positive trend in EMEA had a positive impact on earnings.
  • In addition, GRAMMER was able to reach agreements with customers to pass on the high inflation-related cost increases also in 2023 financial year.
  • Effective April 1, 2024, Guoqiang Li, Chief Operating Officer (COO), will be appointed to the company’s Executive Board.

Sypris Reports Fourth Quarter Results

Retrieved on: 
Monday, April 1, 2024
Other Manufacturing, Other Defense, Engineering, Aerospace, Manufacturing, Machinery, Government Technology, Machine Tools, Metalworking & Metallurgy, Defense, Aircraft, Growth, Carbon, Electronics, Energy, Electronic warfare, Commercial vehicle, Video game

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2023.

Key Points: 
  • Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2023.
  • Subsequent to quarter end, Sypris Technologies received an award to supply specialty high-pressure closures for use in a large international liquified natural gas project.
  • Revenue for Sypris Technologies increased to $19.0 million in the fourth quarter of 2023, compared to $17.2 million for the prior-year period, due to steel price increase pass-throughs.
  • Revenue for Sypris Electronics increased to $15.7 million in the fourth quarter of 2023 compared to $12.5 million for the prior-year period.

Volkswagen ADMT Announces Agreement With Mobileye for Autonomous Driving

Retrieved on: 
Wednesday, March 20, 2024
Hardware, Autonomous Driving, Vehicles, Automotive, Artificial Intelligence, Technology, Automotive Manufacturing, General Automotive, Manufacturing, Commercial vehicle, Freedom, Mobileye, SDS, Bulli, Volkswagen Group, Volkswagen, Volkswagen Commercial Vehicles, Keirsey Temperament Sorter, Economic development, Transport, Software, Quality of life, Society, Caddy, City, Radar, Mobility, ID, ARG, Multimedia, MOIA, Level 4, SAE, Transporter, Police

Following an extensive pilot phase with road testing in Germany and the USA, Volkswagen ADMT GmbH, part of Volkswagen AG, is announcing a cooperation agreement with the technology company Mobileye Global Inc. Mobileye shall develop and supply software, hardware components and digital maps for the self-driving ID.

Key Points: 
  • Following an extensive pilot phase with road testing in Germany and the USA, Volkswagen ADMT GmbH, part of Volkswagen AG, is announcing a cooperation agreement with the technology company Mobileye Global Inc. Mobileye shall develop and supply software, hardware components and digital maps for the self-driving ID.
  • The aim of Volkswagen ADMT GmbH is to develop the fully electric autonomous ID.
  • Volkswagen ADMT GmbH is working intensively on autonomous freight transport for various industries as a second important pillar alongside autonomous passenger transport.
  • Within the Volkswagen Group, VWCV is also the lead brand for autonomous driving and mobility offerings such as Mobility-as-a-Service and Transport-as-a-Service - areas in which we are shaping the future of mobility.

Global Racing Simulator Market Forecast to 2030 with CXC Simulation, D-Box Technologies, Trak Racer, Next Level Racing, SIMXPERIENCE, Vi-Grade, Cruden, and Simworx Dominating

Retrieved on: 
Tuesday, March 19, 2024
Online, Component, Mercedes-Benz, CXC, Commercial, Investment, HD, USD, VR, Original equipment manufacturer, Formula One, Customization, Barrier (computer science), Region, Motorsport, Prevalence, Personal, Internet, Research, Integration, AI, BMW M, Online and offline, Gesellschaft mit beschränkter Haftung, Growth, BMW Motorsport, Market development, Environment, Virtual reality, BMW M2, Ferrari, Formula, BMW, Compact, MNM, Hardware, Commercial vehicle, Developed country, Video game

The racing simulator market is led by established players such as CXC Simulation (US), D-Box Technologies, Inc. (Canada), Trak Racer (Australia), Next Level Racing (Australia), SIMXPERIENCE (US), Vi-Grade GmbH (Germany), Cruden B.V. (Netherlands), and Simworx Pty Ltd (Australia).

Key Points: 
  • The racing simulator market is led by established players such as CXC Simulation (US), D-Box Technologies, Inc. (Canada), Trak Racer (Australia), Next Level Racing (Australia), SIMXPERIENCE (US), Vi-Grade GmbH (Germany), Cruden B.V. (Netherlands), and Simworx Pty Ltd (Australia).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the racing simulator market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the racing simulator market across different regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the racing simulator market.

Model 1 Enters a National Distribution Agreement with The Shyft Group; Expanding its Commercial Product Offerings and Upfit Capabilities

Retrieved on: 
Wednesday, March 6, 2024
Logistics, Supply Chain Management, Landscape, EV, Electric Vehicles, Public Transport, Other Construction & Property, Other Manufacturing, Alternative Vehicles, Fuels, Commercial Building & Real Estate, Semiconductor, Construction & Property, Engineering, Transport, Building Systems, Automotive Manufacturing, Manufacturing, Vehicle Technology, Other Automotive, Recreational Vehicles, Performance & Special Interest, Technology, Fleet Management, Aftermarket, HVAC, Automotive, General Automotive, Model 1, The Shyft Group, GM, Original equipment manufacturer, Heat, Commercial vehicle

For Model 1, the agreement adds an expansive commercial product offering, which supports vehicle upfitting and second-stage manufacturing, and gives The Shyft Group access points into new markets and a national distribution and upfit footprint.

Key Points: 
  • For Model 1, the agreement adds an expansive commercial product offering, which supports vehicle upfitting and second-stage manufacturing, and gives The Shyft Group access points into new markets and a national distribution and upfit footprint.
  • Model 1 will carry Shyft Group brands – DuraMag , Royal Truck Body and Magnum – and offer local upfit services nationwide.
  • Someone has to fix that, and Model 1, in collaboration with Shyft, is going first,” he said.
  • Model 1’s access to chassis pool inventory and vehicle body stock eliminates the traditional domino effect timing lag experienced by most in the commercial vehicle space.

China Commercial Vehicle Intelligent Chassis Industry Report 2023: Both OEMs and Suppliers Now have Made Layout of Standardized Intelligent Chassis - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024
Automotive, General Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Performance & Special Interest, EBS, Electric vehicle, PIX, King Long, CTP, Intelligence, Research, WABCO, China South Industries Group, XCMG, Long March, EMC, Sany, EHB, Original equipment manufacturer, BAIC, Schaeffler Group, CIIC, Cell, JMC, GWM, Yutong, Qingling Motors, JAC, CATL, FAW Jiefang, Tongji University, Dongfeng, REE, Cognition, AICO, Mercedes-Benz Actros, PACK, CSGC, CTC, Commercial vehicle, Printed circuit board

Commercial Vehicle Intelligent Chassis Industry Report, 2023, combs through and researches status quo and related product layout of OEMs and suppliers, and predicts future development trends of commercial vehicle intelligent chassis.

Key Points: 
  • Commercial Vehicle Intelligent Chassis Industry Report, 2023, combs through and researches status quo and related product layout of OEMs and suppliers, and predicts future development trends of commercial vehicle intelligent chassis.
  • Referring to the Electric Vehicle Intelligent Chassis Technology Roadmap, currently the development of commercial vehicle intelligent chassis in China focuses on four components, namely, brake-by-wire, steer-by-wire, drive-by-wire, and intelligent suspension.
  • In the trend for commercial vehicle electrification, connection and intelligence, intelligent chassis, as a development cornerstone of vehicle intelligence, has become a development priority of the industry.
  • Driven by national policies and market demand, OEMs and suppliers have quickened their pace of deploying intelligent chassis to solve the current problem of 'insufficiently flexible limbs' in commercial vehicle chassis and support intelligent upgrade of commercial vehicle chassis.

Global Electric Vehicles Battery Recycling Market Report 2024: Growth Forecasted at 25.8% CAGR Through 2031

Retrieved on: 
Thursday, March 7, 2024
Lithium, EVS, Battery, Electric vehicle, Car, Investment, Growth, Recycling, LFP, Lead, Process, TES, Project delivery method, Market development, EV, Safety, Ecosystem, Commercial vehicle, European, Lithium iron phosphate, Cobalt, Research, Battery electric vehicle, NCA, USD, LMO, Cadmium, Government, Projection, Risk, GMBH, Electric battery

This broader utilization is expected to contribute to the sustained growth of the Lithium Iron Phosphate battery chemistry segment in the EV Battery Recycling Market.

Key Points: 
  • This broader utilization is expected to contribute to the sustained growth of the Lithium Iron Phosphate battery chemistry segment in the EV Battery Recycling Market.
  • Therefore, the use of lithium-ion battery in commercial vehicles will increase and it is expected to drive the EV Battery Recycling Market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the EV Battery Recycling Market across varied regions.
  • Electric Vehicle Battery Recycling Market Snapshot: 2022 vs. 2031
    Electric Vehicle Battery Recycling Market, by Region - Europe to Register Highest CAGR During Forecast Period
    Electric Vehicle Battery Recycling Market, by Battery Chemistry - LFP Segment to Register Highest CAGR During Forecast Period

GiraffeG4 Sentinel Systems Expands Its Coverage Territory

Retrieved on: 
Wednesday, March 6, 2024
Sentinel, Multimedia, Database, Commercial vehicle, Bridge

The GiraffeG4 Sentinel System App is the only heavy-duty truck and RV safety product that will alert distracted, tired.

Key Points: 
  • The GiraffeG4 Sentinel System App is the only heavy-duty truck and RV safety product that will alert distracted, tired.
  • GiraffeG4 Sentinel Systems is currently discussing options with several Fleet Telematics Systems.
  • Frank Nugent, CEO of GiraffeG4 said, "Drivers are going to like the help the Sentinel System gives, it looks out for them."
  • The GiraffeG4 Sentinel System has over 1000 "low clearance" hazards and Parkway entrances in the lower 48 States covered in its database.

Mid and High-Level Precision GPS Receiver Market worth $5.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 16, 2024
Online, Cloud, Region, Investment, Mining, Growth, Satellite, Urbanization, Environmental monitoring, Sensor, Software as a service, Hexagon AB, Trimble Inc., Hardware, Transport, Service provider, Variable Rate Application, Platform as a service, Statistics, Commercial vehicle, Agriculture, Power, Crop scouting, Information, Vibration, Oil, CNH Industrial, Container, COVID-19, GPS, Satellite navigation device

GPS receivers play a crucial role in collecting precise geospatial data, aiding in the planning and execution of large-scale infrastructure projects.

Key Points: 
  • GPS receivers play a crucial role in collecting precise geospatial data, aiding in the planning and execution of large-scale infrastructure projects.
  • High-precision GPS receivers are essential tools for tasks like site planning, grading, and surveying, contributing to the industry's dominance in the market.
  • North America to dominate the mid and high-level precision GPS receiver industry during the forecast period.
  • The region is marked by diverse industries, including oil and gas and construction, where mid and high-precision GPS receivers find applications.

Mid and High-Level Precision GPS Receiver Market worth $5.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 16, 2024
Online, Cloud, Region, Investment, Mining, Growth, Satellite, Urbanization, Environmental monitoring, Sensor, Software as a service, Hexagon AB, Trimble Inc., Hardware, Transport, Service provider, Variable Rate Application, Platform as a service, Statistics, Commercial vehicle, Agriculture, Power, Crop scouting, Information, Vibration, Oil, CNH Industrial, Container, COVID-19, GPS, Satellite navigation device

GPS receivers play a crucial role in collecting precise geospatial data, aiding in the planning and execution of large-scale infrastructure projects.

Key Points: 
  • GPS receivers play a crucial role in collecting precise geospatial data, aiding in the planning and execution of large-scale infrastructure projects.
  • High-precision GPS receivers are essential tools for tasks like site planning, grading, and surveying, contributing to the industry's dominance in the market.
  • North America to dominate the mid and high-level precision GPS receiver industry during the forecast period.
  • The region is marked by diverse industries, including oil and gas and construction, where mid and high-precision GPS receivers find applications.