Trane Technologies’ Thermo King to deliver all-electric, zero-emission solutions for end-to-end cold chain by 2023

Global leader in transport refrigeration invests more than $100M into evolve™, its new all-electric portfolio of products for the Americas and EMEA Thermo King, a brand of global climate innovator Trane Technologies, has announced that it will invest more than $100 million over the next three years to deliver a fully electric product in every […]

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Spark Minda Group forms strategic partnership with EVQPOINT solutions to grow EV footprint

Partnership to develop high-quality, made-in-India battery charging solutions portfolio for EVs Minda Corporation Limited (MCL), through its 100% subsidiary Spark Minda Green Mobility Solutions, has entered into definitive agreements for acquiring 26% equity stake in charging solutions startup EVQPOINT Solutions. The investment will see Spark Minda Group become EVQPOINT’s exclusive technology and manufacturing partner for […]

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Lucas TVS partners with 24M Technologies to manufacture Innovative and Disruptive Semisolid™ Cells in India

The company has planned for mass production of cost-effective, safer and high-energy density lithium-ion cells Leading automotive electrical components manufacturer Lucas TVS Ltd. and 24M Technologies, Inc., developer of next generation lithium-ion battery technologies, announced the signing of a license and services agreement to construct one of the first Giga factories in India using 24M […]

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Analog Devices Advances Climate Strategy and Commits to Net Zero Emissions by 2050

Commits to Science-Based Targets and Carbon Neutrality by 2030 Analog Devices has announced new commitments that advance the Company’s climate strategy, including pledging to achieve carbon neutrality by 2030 and net zero emissions by 2050. As part of the Company’s roadmap towards net zero, ADI signed the United Nations’ Business Ambition for 1.5°C pledge and has […]

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BorgWarner to Accelerate Electrification Strategy, Targets 45% Revenues from EVs by 2030

BorgWarner has unveiled Project CHARGING FORWARD at its latest Investor Day. The project represents an acceleration of its electrification strategy, which is expected to bring the company’s electric vehicle revenue from less than 3% of total revenues today to approximately 45% in 2030. Frédéric Lissalde, President and CEO of BorgWarner, said, “Our company’s 100-plus year […]

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Continental’s Hose and Line Business on Track for Low-Emission and Zero-Emission Mobility

Continental has announced a new strategy for its hose and line business revolving around two primary objectives: “On the one hand, we are more strongly targeting eMobility as a major growth market. On the other hand, we are committed to helping automotive manufacturers further reduce emissions and meet increasingly strict emission standards,” explains Philip Nelles, […]

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