Manufacturer

EV maker Omega Seiki Mobility is setting up a retrofit facility to convert internal combustion engine (ICE)-powered vehicles into electric vehicles near Chandigarh at an investment of USD 25 million, which is expected to be operational by the December quarter, the company's founder and chairman, Uday Narang, has said. Narang also said that as the financing remains a challenge for the EV customers, retrofitting these vehicles within the reach of those customers who want to move to such vehicles from ICE, particularly at a…

A Denver company that powers cryptocurrency mining and data production with otherwise wasted methane at oil and natural sites has bought another Colorado business to help expand its operations. Crusoe Energy Systems said Tuesday that it acquired Easter-Owens Electric Co., a third-generation family business that manufactures specialized electrical systems and modular data centers for a number of industries. Cully Cavness, Crusoe’s co-founder, president and chief operating officer, said Easter-Owens’ 70 employees at its…

Harvey Weinstein is suing car manufacturer Chrysler over a 2019 crash.The disgraced film producer is currently serving a 23-year prison sentence following his February 2020 jury conviction for sexual assault and rape. This week, Weinstein filed a lawsuit against Fiat Chrysler Automobiles – now owned by Stellantis – over a 2019 crash in which he flipped a Jeep Wrangler while trying to avoid hitting a deer.The complaint, which was filed at a state court in Manhattan, alleges that it was non-functioning breaks which caused…

All-electric submarine manufacturer U-Boat Worx has announced its latest series of submersibles called NEXUS, comprised of seven- and eight-person vessels (nine if some are children). These electric submarines are powered by lithium-ion battery technology allowing them to operate for up to 18 hours and dive 10 times a day. In addition to providing eco-friendlier ocean exploration, they look cool as hell. U-Boat Worx is a Dutch submersible manufacturer that began as a dream by founder Bert Houtman in the 1980s. The…

Taiwan's Pegatron Corporation, which assembles iPhones for Apple, said on Tuesday it had suspended operations at its Shanghai and Kunshan plants in China due to the government's strict COVID-19 protocols.China has put Shanghai under a tight lockdown since late March and neighbouring Kunshan has also tightened curbs to control the country's biggest COVID-19 outbreak since the coronavirus was discovered in late 2019 in the city of Wuhan.Global companies, from phone to chip makers, are highly dependent on China and Southeast…