Bendix commercial vehicle systems

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

Hankook Tire supplies Ventus S1 evo 3 EV tires to Volkswagen’s ID. Buzz. [HANKOOK TIRE AND TECHNOLOGY] Hankook Tire and Technology has taken the top spot in the tire market for electric vehicles (EV). The expansion of the EV market led to surging demand for tires exclusively for EVs and tire makers are actively trying to dominate the new market. Hankook Tire, the largest tire manufacturer in Korea, is playing a leading role. Because it secured technology exclusively for tires through continuous investment even before commercialization, Hankook Tire was able to rapidly dominate the market. Hankook Tire started to make its presence known in earnest at a time when it was supplying tires for Porsche’s Taycan, its first high-performance electric sports car model, in 2020. By partnering up with Porsche, a top sports car manufacturer, Hankook Tire was able to fully verify its technical skills for EV tires. Tesla’s Model Y and Model 3, which hit the market during the global EV … [Read more...] about Hankook Tire dominates EV market

Share to Twitter Share to Linkedin One of the leading healthcare institutions in Latin America, Albert Einstein Hospital is moving toward the next stage in its multimillion-dollar technology and innovation development strategy. The aim is to broaden access to advanced medicine in Brazil through initiatives with actors such as startups as well as tech and healthcare organizations worldwide. Founded in São Paulo by the city's Jewish community following World War II, The Albert Einstein Israelite Hospital started its activities in 1955. Considered Latin America's most modern private hospital, it also has a social assistance program encompassing care in low-income communities and public-private partnerships for public hospitals. With nearly 25,000 staff including over 10,000 registered doctors, the hospital specializes in high-complexity medicine, focusing on cardiology, oncology, orthopedics, neurology, and surgery, and frequently ranks among the best medical … [Read more...] about Brazil’s Albert Einstein Hospital Evolves Tech Strategy To Deliver Low-Cost Healthcare At Scale

Share to Twitter Share to Linkedin In what should go down as one of the all-time greatest propaganda campaigns in U.S. history, members of Congress convinced millions of Americans that deregulation caused the 2008 financial crisis. Following the collapse of Silicon Valley Bank, they’re at it again. Predictably, populists such as Senator Elizabeth Warren (D-MA) are blaming the SVB failure on “rolling back” the 2010 Dodd-Frank Act’s stricter oversight. Aside from whether Dodd-Frank regulations were effective at all or amounted to anything more than additional paperwork and higher capital requirements, Congress has never repealed a single Title of Dodd-Frank. Warren’s argument amounts to whether additional stress testing, capital, or liquidity would have saved SVB. But Dodd-Frank stress tests are designed to ensure sufficient capital to cover losses resulting from “adverse economic conditions,” not from individual mistakes or bad strategies. Separately, … [Read more...] about SVB Debacle Brings The Fed One Step Closer To Becoming Provider Of First Resort