Tag: electric

General Dynamics Electric Boat awarded $327.8 million Navy contract to support fleet maintenance and Virginia-class sub development and design work

Press release content from PR Newswire. The AP news staff was not involved in its creation.

GROTON, Conn., Oct. 13, 2020 /PRNewswire/ — General Dynamics Electric Boat, a wholly-owned subsidiary of General Dynamics (NYSE:GD), has been awarded a $327.8 million cost-plus-fixed-fee contract modification for fiscal year 2020 for lead yard support, development studies and design efforts for Virginia-class submarines.

Under the contract modification, Electric Boat will undertake development studies and other work related to Virginia-class submarine design improvements, including incorporation of new technologies. The work will engage Electric Boat’s engineering and design organization, which comprises more than 5,000 employees. These employees work on all facets of the submarine life cycle from concept formulation and design through construction, maintenance and modernization, and eventually to inactivation and disposal.

“Over the life of the Virginia program, the shipbuilders of Electric Boat have made improvements to the design of each

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Need to rent a big electric truck for moving or business? More options are coming soon

If you’ve got a big move coming up, you may soon able to do it with minimal carbon emissions.

Truck-rental service Fluid Truck is adding 600 electric cargo vans and trucks to its sharing platform, with availability starting in the fourth quarter of this year, the company announced in a press release Thursday.

The vehicles will be electric conversions from Lightning Systems. The roster includes electric versions of the Ford Transit 350HD delivery van, Ford E-450 Class 4 truck, and Hino 268 Class 6 truck. They will be deployed in “major urban areas” across the United States, said Fluid Truck, which rents vehicles through a mobile app and website.

The rentals should make electric vans more widely available for occasional use by small business owners, or perhaps those who just need a mammoth van for one urban task.

Considering that much of their duty cycle involves stop-and-go urban traffic, delivery

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Amazon Ramps Up Delivery Business With Rivian Electric Vehicles To Reach Climate Goals

As Amazon (AMZN) continues the expansion of its delivery fleet, the online retailer has revealed its electric delivery van developed in partnership with Rivian.

The all-electric vans have begun to arrive just a year after Amazon made a commitment to be net-zero carbon by 2040. The company has plans to take delivery of 100,000 electric vans from Rivian by 2030, with 10,000 expected to be on the roads by 2022.

The Rivian vans were developed to “enhance the driver experience and optimize safety” with a customized configuration that comes in three different models. The vans feature sensor detection, highway and traffic assist features, larger windshield, exterior cameras with digital display, Alexa integration, stronger door design, interior “dancefloor” for added space, multiple tail lights, and three levels of shelving to store packages.

“When we set out to create our first customized electric delivery vehicle with Rivian, we knew that it needed

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McDermott, Schneider Electric and io consulting Join Forces to Develop Net Zero Upstream Facilities

HOUSTON, LONDON and RUEIL-MALMAISON, France, Oct. 8, 2020 /PRNewswire/ — McDermott International, Ltd, Schneider Electric and io consulting today announced a collaboration to advance research and design of carbon-neutral facilities for the upstream oil and natural gas market. The three companies will combine their capabilities and resources to explore and develop a proof of concept based on an offshore platform reference case. The result of the collaboration will be published in a joint study on Net Zero Upstream Facilities before the end of the year.

The study defines a hierarchy of emissions-reduction technologies, ranked by maturity, investment and impact to enable operators to make informed decisions when prioritizing areas for emissions reduction.

“This unique venture demonstrates the valuable intersection of thought leadership, digital innovation and project excellence to advance the energy transition across the globe,” said Samik Mukherjee, McDermott’s Group Senior Vice President, Projects. “By combining our

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ROSEN, THE FIRST FILING FIRM, Reminds American Electric Power Company, Inc. Investors of the Important Deadline in Securities Class Action

NEW YORK, Sept. 30, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of American Electric Power Company, Inc. (NYSE: AEP) between November 2, 2016 and July 24, 2020, inclusive (the “Class Period”), of the important October 19, 2020 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for AEP investors under the federal securities laws.

Rosen Law Firm, P.A. Logo
Rosen Law Firm, P.A. Logo

To join the AEP class action, go to http://www.rosenlegal.com/cases-register-1913.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) AEP covertly participated in the “the largest public corruption case in Ohio history”; (2) AEP secretly funneled substantial funds to Ohio political

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Global Electric Condensate Pump Market 2020 Future Trend, Business Strategies, Revenue Value, Comprehensive Analysis and Forecast by 2025

The MarketWatch News Department was not involved in the creation of this content.

Sep 28, 2020 (CDN Newswire via Comtex) —
Global Electric Condensate Pump Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 comprises the past, current, and projection size of the market. The report provides an in-depth segment analysis of the market, providing valuable insights to the rivals. The report covers various domestic vendors in the global Electric Condensate Pump market with a competitive scenario. The study document is distributed inside this examination, comprehensive of things like the business size concerning value and volume during the forecast period from 2020 to 2025. The report includes numbers, subdivisions, revenue, and shares as well as the exhaustive calculation of the industry chain structure, market drivers, opportunities, industry news analysis, and industry policy analysis.

Our top experts have studied the market with the reference of data given by the

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Global Electric Enclosure Market 2020 Segmentation, Future Business Strategy, Manufacturers Analysis and Forecast by 2025

The MarketWatch News Department was not involved in the creation of this content.

Sep 27, 2020 (CDN Newswire via Comtex) —
The latest published report namely World Electric Enclosure Market Research Report 2025 added by MarketandResearch.biz offers an insightful take on the historical data of the market and predictions for 2020 to 2025 time-period. The report provides an understanding of the global Electric Enclosure industry competitors, the sales channel, growth potential, potentially disruptive trends, industry product innovations and the value/volume of size, market segments, and market share of the best actors/products. Current market trends and dynamics are assessed which helps in mapping the track of the global market. A chapter-wise format has been used to ease the readability and complexity of the data. Each chapter is further categorized into its respective segments containing well-structured data.

Market Competition:

The competitive landscape of the global Electric Enclosure market is examined in detail

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Mullen Technologies to Begin Construction of Electric Vehicle Pilot Facility, Pre-Orders Accepted Starting Oct. 1 for its MX-05 Fully Electric SUV

Pilot facility, designed to assemble Mullen’s MX-05 fully electric SUV, is scheduled for completion by April 2021

Mullen’s fully electric SUV, the MX-05.

“Pre-orders for Mullen’s fully electric SUV MX-05 model, at a base starting price of $55,000, are available on Oct. 1, 2020, through www.mullenusa.com or at any Mullen retail location in the U.S.”
“Pre-orders for Mullen’s fully electric SUV MX-05 model, at a base starting price of $55,000, are available on Oct. 1, 2020, through www.mullenusa.com or at any Mullen retail location in the U.S.”
“Pre-orders for Mullen’s fully electric SUV MX-05 model, at a base starting price of $55,000, are available on Oct. 1, 2020, through www.mullenusa.com or at any Mullen retail location in the U.S.”

Mullen Technologies’ pilot manufacturing facility

“Mullen Technologies’ pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as the MX-07 and MX-03.”
“Mullen Technologies’ pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as the MX-07 and MX-03.”
“Mullen Technologies’ pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as
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Electric Actuators Market 2020 – 2024: Post-Pandemic Industry Planning Structure | Technavio

LONDON–(BUSINESS WIRE)–Sep 23, 2020–

The electric actuators market is expected to grow by USD 843.86 million during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the electric actuators market in optimistic, probable, and pessimistic forecast scenarios.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200923005610/en/

Technavio has announced its latest market research report titled Global Electric Actuators Market 2020-2024 (Graphic: Business Wire).

The electric actuators market will witness Negative and Inferior impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Increase as compared to 2019.

Enterprises will go through Respond, Recover and Renew phases.Download free report sample

As the COVID-19 pandemic continues to spread, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through

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Process Safety Systems Market: COVID-19 Business Continuity Plan | Evolving Opportunities with ABB Ltd. and Emerson Electric Co. | Technavio

LONDON–(BUSINESS WIRE)–Sep 22, 2020–

The global process safety systems market is expected to grow by USD 257.63 million as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 2%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200922005407/en/

Technavio has announced its latest market research report titled Global Process Safety Systems Market 2020-2024 (Graphic: Business Wire)

For the Right Perspective & Competitive Insights-Request Free Sample Report on Pandemic Recovery Analysis

Read the 120-page report with TOC on “Process Safety Systems Market Analysis Report by Product (ESS, FG, BMS, and HIPPS), Geography (APAC, Europe, North America, MEA, and South America), End-user (Oil and gas, Chemical

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