HONG KONG, May 24 (Korea Bizwire) – Volta Technology Limited has today announced it would roll out its innovative solid-state batteries from its pilot production line in Shenzhen in early 2023. Solid-state batteries are referred to as “the next-generation battery product,” which experts have noted are safer and more powerful than traditional lithium-ion batteries. Solid-state batteries have [...]
London, May 17 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $500 million in aggregate principal amount of 3.950% notes due 2025, with an issue price of 99.469%. The offering is expected to close on May 23, 2022, subject to [...]
AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, has reported consolidated turnover of €245.8m in the first quarter of 2022, down by -10.1% compared to the first quarter of 2021. Consolidated turnover for the 1st quarter of 2022 (from 1 January to 31 March) In € millions – [...]
2022 FIRST QUARTER RESULTS CNH Industrial reports solid first quarter performance: Consolidated revenues of $4.6 billion, (up 13.4% compared to Q1 2021 for continuing operations) Net income of $336 million, Adjusted Net Income of $378 million, with adjusted diluted EPS of $0.28, and Adjusted EBIT of Industrial Activities of $429 million (up $36 million compared [...]
London, April 19 (Korea Bizwire) – CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the First Quarter of 2022 will be released on Tuesday, May 3, 2022. A live audio webcast of the financial results conference call will begin at 3:30 p.m. CEST / 2:30 p.m. BST / 9:30 a.m. [...]
CHAMPFROMIER, FRANCE, April 7 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted its 2021 annual results. Consolidated data – in € millions 2021 2020 Var. in % Revenue 922.5 937.2 -1.6% EBITDA 117.1 175.3 -33.2% Current operating income 75.2 113.7 -33.8% Current [...]
Illinois, April 6 (Korea Bizwire) — According to the new market research report “Electric Motor Market by Type (AC,DC), Power Rating (<1KW, 1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential, Transportation, and Agriculture), Rotor Type, Output Power, and Region – Global Forecast to 2026″,published by MarketsandMarkets™, The global electric motor market is expected to grow from an estimated [...]
PITTSBURGH, April 5 (Korea Bizwire) – Matthews International Corporation (NASDAQ GSM: MATW) announced today the expected July 2022 opening of its state-of-the-art service facility in San Antonio, Texas, for the refurbishment of calender rolls for lithium-ion battery electrode production. This facility, part of Matthews’ Saueressig Engineering and Energy division, supports the growth of its North American energy [...]
BERLIN, March 23 (Korea Bizwire) — Dedicated to giving back to the community and the environment, FLEXIM Cares is a division of non-invasive ultrasonic flowmeter manufacturer FLEXIM and is involved in an increasing number of important local projects around the world. On a global level, this year FLEXIM is proud to support the protection of [...]
CHATTANOOGA, Tenn., March 23 (Korea Bizwire) — Astec Industries (NASDAQ: ASTE) announces entering into a definitive agreement to acquire MINDS Automation Group Inc. (MINDS), a leader in plant automation control systems and cloud-based data management in the asphalt industry. MINDS, headquartered in British Columbia, Canada, has locations in the U.S., United Kingdom, France, and Belgium. [...]