Volta Trucks confirms successful Series B funding round with a total capital raise of €37 million into the company. Existing investor, New York-based Luxor Capital Group, LP, leads the funding round, further reinforcing their confidence in the Volta Trucks journey. Funding round also saw the participation of strategic partners such as Proterra and Agility, who showed strong conviction in the Volta Trucks story and a common vision for the future. Pre-orders for the Volta Zero now exceed 2,500 vehicles, with an order value of more than €600m, having doubled in the past three months.
Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, showcased its latest developments in transportation electrification at the 16th International Commercial Vehicle Show (COMTRANS).
This year’s automechanika will see Continental unveil three new products that expand the automotive supplier’s already broad product range: air suspension dampers, compressors, and coolant thermostats.
Design Features Renesas’ New Automotive HD Link (AHL) Technology and OmniVision’s OX01F10 1.3MP SoC to Deliver Low Cost, High Quality Video; Demonstration to be Available at AutoSens Belgium, September 15-16.
Faurecia, one of the world’s leading automotive technology companies, has selected ENGIE to become a partner, supportingFaurecia in its commitment to reach CO2 neutrality for scopes 1 and 2 by 2025. Under this partnership, ENGIE, a world leader in low-carbon energy and services, will provide energy solutions to be deployed across 100+ Faurecia sites worldwide by mid-2022.
Branson combines breadth of technologies and a problem-solving approach to deliver advanced solutions to automotive, medical, electronics industries worldwide