Category: Engines & Drivetrains

Universal Technical Institute Launches Electric Vehicle Technician Training to Meet Increasing Demand

Universal Technical Institute Launches Electric Vehicle Technician Training to Meet Increasing Demand

| November 11, 2021

This enhanced training is the initial step in UTI’s overall EV strategy to prepare future technicians for surging electric vehicle sales in the coming decades  With consumers, auto manufacturers, and infrastructure policymaking converging around a zero-emissions-vehicle future, one of the industry’s leading technical training institutions, Universal Technical Institute announced that its program curriculum had been updated to […]

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Kodiak Robotics Raises $125 Million in Oversubscribed Series B Round

Kodiak Robotics Raises $125 Million in Oversubscribed Series B Round

| November 11, 2021

The funds will be used for the hyper-growth of autonomous trucking operations and to double employee headcount Kodiak Robotics, Inc., a leading self-driving trucking company has raised $125 million in an oversubscribed Series B fundraising round for a total of $165 million raised to date. The round includes investments from SIP Global Partners, Lightspeed Venture Partners, Battery Ventures, CRV, Muirwoods Ventures, Harpoon Ventures, StepStone Group, Gopher Asset […]

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Allison Transmission Completes Installation of New eGen Power™ Electric Axle Production Assembly Line

Allison Transmission Completes Installation of New eGen Power™ Electric Axle Production Assembly Line

| November 10, 2021

The 109,000 square foot dedicated facility will produce Allison’s portfolio of eGen Power™ electric axles with Allison’s proven quality and reliability for commercial applications Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid, and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles, is pleased […]

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Daimler Trucks North America and Platform Science Introduce Virtual Vehicle, the First Open OEM Platform for Fleet Management

Daimler Trucks North America and Platform Science Introduce Virtual Vehicle, the First Open OEM Platform for Fleet Management

| November 10, 2021

Daimler Trucks North America  in collaboration with Platform Science, a connected vehicle platform, announced the launch of Virtual Vehicle™, the first open OEM platform that enables fleets to access telematics, software solutions, real-time vehicle data, and third-party applications directly from their vehicles. In addition, the platform provides the tools to manage those applications, connectivity, and the […]

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Torc Robotics collaborates with Applied Intuition to accelerate development and validation of autonomous trucks

Torc Robotics collaborates with Applied Intuition to accelerate development and validation of autonomous trucks

| November 10, 2021

Torc is developing a Level 4 autonomous system for long-haul trucking in the US. Under Level 4 autonomy  Torc Robotics, an independent subsidiary of Daimler Truck AG and a leader in Level 4 self-driving vehicle software for heavy-duty vehicles, and Applied Intuition, a simulation and software tools provider for autonomous vehicle development, announced a multi-year strategic […]

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Bolt Logistics Secures $115M in Series B Financing to Power the Digital Transformation of Logistics

Bolt Logistics Secures $115M in Series B Financing to Power the Digital Transformation of Logistics

| November 9, 2021

Financing demonstrates Bolt’s unmatched market value and proven success in logistics Bolt Logistics technology-enabled logistics and last-mile delivery provider, is proud to announce it has raised CAD $115 million in financing, bringing the total funds raised by the company to date to more than $150 million. The investment was led by new investors Yaletown Partners, […]

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