On July 3, 2019, Daikin (Japan) partnered with Refrigerative Supply Limited (RSL), headquartered in Canada. This partnership is expected to enhance the distribution channel for Daikin in the Western Canada region. RSL will support the sales and distribution channel of Daikin product segment such as residential unitary, ductless, light commercial and Variable Refrigerant Volume (VRV), HVAC products, along with related controls and indoor air quality (IAQ) products for residential and commercial projects throughout the Western Canada region.
Porsche AG-a Germany based automobile manufacturer specialized in high-performance sedans, SUVs and sports cars-recently introduced a button-free dashboard for its maiden electric car, Taycan. The dash, which is largely in sync with the company’s flagship 911 sports car, has been redesigned for the 21st century. The absence of buttons on the dashboard lends a fresh look to the vehicle interior and means that vehicle controls and settings can be accessed digitally. The company’s decision to swap hardware controls with digital ones would enable the automaker to introduce over-the-air updates for adding more functions.
In August 2019, Kohlberg concluded the acquisition of Bemis Healthcare Packaging - Europe, which is a manufacturer of medical packaging.
On 29th August 2019, DIC Corporation signed an agreement for the acquisition of BASF’s pigments business for around USD 1.3 Billion. With this acquisition, DIC Corporation is aiming at expanding its fine chemicals business and fortifying its position among the world’s largest pigments suppliers.
On 27th August 2019, Harley Davidson made a buzz in the Indian electric two-wheeler market by unveiling “LiveWire”, the company’s first electric motorcycle. The leading American motorcycle manufacturer recently celebrated a decade of operations in the Indian market. The company also launched the limited edition 2020 Street 750 with production restricted to 300 units only.
Toyota has revealed that it plans to deploy a fleet of electric and self-driving vehicles at next year's Tokyo Summer Olympics. This fleet of 3,700 vehicles is expected to feature some degree of electrification and will also include Concept-i-a self-driving pod car that will serve as the operating vehicle for the Olympic torch relay and the lead vehicle for the marathon events.
Topics: Automotive and Transportation, electric vehicles, Semi-Autonomous and Autonomous Vehicles, Toyota, Volkswagen and Ford, Waymo and Renault-Nissan, Volvo and Uber, Toyota and BYD, Fiat-Chrysler and Hyundai, Honda and General Motors, Apple and Drive.ai
In August 2019, SpaceX announced a new, low-cost program, targeted at the launch of small satellites into sun-synchronous orbits. The program will adopt a rideshare approach, creating the opportunity for satellite manufacturers/owners to launch payloads weighing up to 150 kg at USD 2.25 million, and USD 4.5 million for payloads of up to 300 kg. The rocket to be used for these missions will be the Falcon 9. SpaceX plans to undertake these launches at regularly scheduled intervals.
Mitsubishi Electric Corporation, a Japanese multinational electronics and electrical equipment manufacturing company, developed new gas-insulated GIS technologies for electric power applications.
Recently, at its 42nd Annual General Meeting (AGM), Reliance Jio, announced the launch of HoloBoard, a mixed reality headset blended with augmented reality. The company also released a 4K-supported Jio set-top box that will offer an immersive experience in education, shopping, entertainment, and gaming.