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ONTARIO, CA / ACCESSWIRE / January 19, 2021 / SPI Energy Ltd. (NASDAQ:SPI) subsidiary EdisonFuture and world-leading automotive design company Icona Design ( Icona ) announced the beginning of a collaboration to design a range of next generation all-electric vehicles for both passenger and commercial applications. The passenger and commercial vehicles will be manufactured and sold by EdisonFuture and its Phoenix Motorcars subsidiary.
Under this collaboration, Icona will design a host of new products including advanced pickup trucks and last-mile delivery vans. The designs and prototypes will incorporate Icona and SPI Energy s vision for human-centered future transportation and revolutionize how customers and vehicles interact.
The collaboration aims to build a joint common strategy between EdisonFuture and Icona to cover a full range of all-electric vehicles, while drawing from Icona s experience in designing various cutting-edge products including the autonomous minibus (pict
Moulding machine maker buys AMK’s automation arm
19 January, 2021
The German injection-moulding machine manufacturer Arburg has bought the drives and motors developer AMK Arnold Müller from its Chinese owner, Zhongding Holding Europe. The terms of the deal have not been disclosed.
Arburg says that the deal will give it access to
AMK’s drives expertise and influence its future development work. It will allow the drive systems used in Arburg’s electric injection-moulding machines to be refined faster and more efficiently.
The two companies are said to have similar values. AMK has worked with Arburg as a development partner for its electric drive systems since 1994. Arburg says that this partnership has contributed significantly to the success of its Allrounder electric injection-moulding machines which it launched in 2001. These machines are largely equipped with AMK drive components.
Microsoft will join GM, Honda and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of Cruise to $30 billion, the tech giant said in a statement.To u