Bendix commercial vehicle systems llc

From left: K2 battle tank, wheeled armored vehicle, HR-Sherpa. [HYUNDAI ROTEM] Since its foundation in 1977, Hyundai Rotem has been the sole supplier of tanks, associated vehicles and wheeled armored vehicles to the Korean Army. In line with the fourth industrial revolution, Hyundai Rotem is focusing on the research and development of future defense systems, combining unmanned and autonomous operation technology, robotic technology and 5G communication. The K2 Blackpanther main battle tank (MBT) is considered one of the world’s most advanced tanks. Due to Korea’s geo-strategic location, hundreds of K2 MBTs have been deployed for the Korean Army since 2014. Hyundai Rotem is gearing up advanced technologies such as remote controlled weapon systems and active protection systems considering rapid changes of unpredictable and unstable future battlefields. Recently, Hyundai Rotem won a contract supplying combat engineering vehicles by 2023. Additionally, Hyundai Rotem secured an … [Read more...] about [SPONSORED REPORTS] Hyundai Rotem focuses on future of defense systems

Share to Twitter Share to Linkedin When you unshackle 1.4 billion consumers who have been penned up at home for three years, it’s reasonable to expect some fireworks. For the residents of Mainland China, life under “zero COVID” policies was a dreary round of rolling travel restrictions and lockdowns – as if the United States was permanently stuck on a skipping record of the Spring of 2020. While most of the population was able to find a way to get back to work eventually, the everyday routines of travel, dining out, and visiting friends and family were severely curtailed. Wallets stayed snapped shut. Since China executed its “COVID pivot” in late December 2022, economists have been scrutinizing the data to see if the country will be able to achieve its goal of 5% growth in 2023. If achieved, China will serve as an engine to help developed economies avoid tipping into recession. This is particularly relevant in the new era of higher interest rates, … [Read more...] about Why China’s COVID Comeback Is Still In The Early Innings, With Upside Ahead

KooRoo’s battery swapping station [LG ENERGY SOLUTION] LG Energy Solution is pushing ahead with its new businesses and focusing on future growth with in-house ventures KooRoo and AVEL, the battery manufacturing unit of LG Group said. KooRoo, established last year, is seeking to commercialize its battery swapping stations (BSS), which increase the convenience for users of electric motorbikes by allowing them to swap out a used battery for a fully-charged one rather than having to spend time charging the original battery. The service addresses a lot of the issues raised by electric vehicle users, including the long charge time, relatively short distance that can be traveled and high maintenance costs. “If the electric motorbike battery ecosystem grows, it will help delivery services, be eco-friendly, quiet and safe," said Ahn Hong-duk, head of KooRoo. “We are set to initiate developing exclusive BSS battery packs and stations and plan to build up the electric motorcycle … [Read more...] about New ventures drive growth for LG Energy Solution