Commodity prices continued to surge in January, with energy commodities jumping 10% and non-energy commodities rising 4,4%.
Airspeeder unveiled the world’s first fully functioning electric flying racing car. The Airspeeder Mk3, is a full-sized remotely-operated electric vertical take-off and landing vehicle (eVTOL). It will compete in an upcoming remotely-piloted Airspeeder racing series that will stand as a technical test-bed and feeder series to a manned racing series in 2022. The unveiling of the vehicle represents the realisation of more than three years development work to create a sport that will accelerate a new clean-air aerial mobility revolution.
The Green Bay, Wis.-based truckload, intermodal and logistics services company reported that net income reached $76.9 million, or 43 cents a diluted share, for the three months ending Dec. 31, a 38% increase from the $55.9 million, 32 cents, it posted in Q4 2019. Total operating revenue increased by 9% to $1.3 billion from $1.2 billion.
In its latest report on the collaborative robot market, Interact Analysis has revised downwards the growth predictions made in our 2019 report. The main factor behind this downward revision is, of course, the COVID-19 pandemic, but there are other downward drivers, such as competition from small articulated and SCARA robots in industrial settings, and a slower than expected increase in cobot installations in non-industrial settings. Nevertheless, this report gives good grounds for optimism for the short to medium term in the collaborative robot sector.
Daimler plans a fundamental change in its structure, designed to unlock the full potential of its businesses in a zero-emissions, software-driven future. The Supervisory Board and the Board of Management of Daimler greed this week to evaluate a spin-off of its Truck and Bus business and begin preparations for a separate listing of Daimler Truck. It is intended that a significant majority stake in Daimler Truck will be distributed to Daimler shareholders.
Following a successful decade of Leaf, the world’s first mass-market electric vehicle, Nissan launches this project as part of its continued long-term commitment to address environmental challenges for a more sustainable planet.
The multinational manufacturing company Continental is investing around 1.6 million Euro in its production facility in Dannenberg, Germany, towards the manufacture of industrial drive belts and infrastructural upgrades to its manufacturing processes.