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The Death Sentence for Diesel Is Off

The internal combustion engine isn’t dead – and it won’t die in 2035. EU emissions limits drop to 90%, leaving biofuels and hybrids a lifeline. The ruling pleases no one, but spares the engine from extinction
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Langley Holdings: 2023 annual report

A few days ago Langley Holdings released its IFRS Annual Report & Accounts for 2023. The Power Solutions Division, encompassing subsidiaries Bergen Engines, Marelli Motori and Piller Group, was a significant contributor to the year’s result.
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Court confirmation of Sono Motors’ insolvency and restructuring plan

Sono Motors, the Munich-based solar technology company and subsidiary of Sono Group N.V., announced the confirmation of its insolvency and restructuring plan by the insolvency court of the local court of Munich, Germany, as well as the closing of its recently announced investor deal with YA II PN, L...
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Proterra battery business becomes part of Volvo Group 

On the 1st February 2024 Volvo announced it has completed the acquisition of battery business from Proterra. The intention was announced in November 2023, when Volvo Group had been selected as the highest bidder in an auction for the business and assets of the Proterra Powered unit.
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Cummins reports fourth quarter and full year 2023 results

Cummins today reported fourth quarter and full year 2023 results. “High global demand for Cummins’ diverse set of innovative products drove record full year revenues and operating cash flow in 2023,” said Jennifer Rumsey, Chair and CEO.
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Dumarey Flowmotion Technologies

After the acquisition, in the new organizational structure, Vitesco Technologies Italy takes the name of Dumarey Flowmotion Technologies
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