Tag Archives for: Electric Cars

ElectraMeccanica Announces New Cost-Effective Aluminum Chassis for Flagship, Single-Occupant SOLO EV

April 07, 2020

ElectraMeccanica Announces New Cost-Effective Aluminum Chassis for Flagship, Single-Occupant SOLO EV

 

 

VANCOUVER, British Columbia, April 07, 2020  — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, has announced the engineering and development of a new, cost-effective aluminum chassis for the Company’s flagship, single-occupant SOLO electric vehicle (EV).

The new, high strength, drop-in aluminum chassis will replace the current composite chassis in the SOLO EV, making it much better suited for mass production by reducing the overall weight and per-unit assembly cost of the vehicle. ElectraMeccanica has engaged a Tier-One engineering partner with a global presence, which will provide on-the-ground support in both Canada and China.

“This project represents our continued focus on evolving the safety, comfort and design of our flagship single-occupant SOLO EV, while incorporating important cost saving advantages to improve margins in mass-production,” said Paul Rivera, Chief Executive Officer of ElectraMeccanica. “The partner we’ve selected for this project brings significant expertise in lightweight, high-strength automotive safety structures that are perfectly suited for the SOLO. We look forward to the impending launch of the revolutionary SOLO EV later this year.”

With an MSRP of $18,500, the SOLO EV is a trend-setting all-electric, single-seat vehicle expected to revolutionize the commuting, delivery and shared mobility experience. To be one of the first to own a SOLO, please reserve yours online by visiting www.electrameccanica.com.

About ElectraMeccanica Vehicles Corp.   
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of environmentally efficient electric vehicles. The company’s flagship vehicle is the innovative purpose built; single-seat electric vehicle called the SOLO. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. The SOLO provides a driving experience that is unique, trendy, fun, affordable and environmentally friendly. InterMeccanica, a subsidiary of ElectraMeccanica, has successfully been building high-end specialty cars for 61 years. For more information, please visit www.electrameccanica.com.

Safe Harbor Statement
Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute “forward-looking statements” as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and should be viewed as forward-looking statements. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the automotive industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

Company Contact:
Ms. Bal Bhullar, CPA, CGA, CRM
Chief Financial Officer & Director
(604) 428-7656
Bal@electrameccanica.com

Investor Relations:
Greg Falesnik
Managing Director
MZ Group – MZ North America
(949) 385-6449
SOLO@mzgroup.us
www.mzgroup.us

ElectraMeccanica Reports Fourth Quarter and Full Year 2019 Financial Results

March 26, 2020

ElectraMeccanica Reports Fourth Quarter and Full Year 2019 Financial Results

 

VANCOUVER, British Columbia, March 25, 2020 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, has reported its financial results for the fourth quarter and full year ended December 31, 2019.

Recent Company Highlights:

  • Unveiled production intent SOLO EV, integrating upgrades that include an advanced liquid-cooled motor incorporating torque-limiting electronic stability control, a wider front steering track, a revised electronic power steering software and additional occupant safety protection. Additional upgrades include a more robust and rugged appearance, a more comfortable seat design, an enhanced entertainment system and display with Bluetooth technology and reduced interior cabin noise.
  • ElectraMeccanica is currently preparing for a mid-year 2020 launch of its uniqueSOLO EV, with a strategic launch in the Los Angeles market first, followed by other west coast cities later in the year.
  • Engaged BDO to lead search for a U.S. assembly facility and state-of-the-art engineering technical center, with the goal of assembling knock-down kits for SOLOEVs to be sold in the U.S. market, thereby reducing uncertainties in the global supply chain, increasing logistical efficiencies and eliminating tariffs. BDO has identified seven states as finalists and sent initial request for proposals to the chief economic development entities in Arizona, Colorado, Florida, North Carolina, South Carolina, Tennessee and Texas. The leading location and backup sites are expected to be announced in the third quarter of 2020.
  • Established EMV Automotive Technology, Inc. (Chongqing), a wholly-owned subsidiary for in-country operations in China.
  • Opened first retail kiosk at the Westfield Century City Shopping Mall in Los Angeles, providing customers with the opportunity to view, test drive and place pre-orders in a modern sleek storefront. ElectraMeccanica will open additional kiosks throughout 2020 in Southern California locations, as well as in the San Francisco area, Washington and Oregon.
  • Entered into an agreement with FreedomRoad Financial, a national lending institution providing retail vehicle loans to the nation’s leading vehicle manufacturers, to provide consumers with turnkey vehicle financing solutions for the Company’s flagship SOLOEV.
  • Appointed accomplished financial executive and ElectraMeccanica Chief Financial Officer, Ms. Bal Bhullar, to the Board of Directors effective December 6, 2019.
  • Appointed Peter Savagian as an Independent Director, a pioneer in automotive electrification with a broad spectrum of expertise in the technology, development, launch and production of electric vehicles including the first modern Electric Vehicle, the GM EV1, the first plug-in hybrid, the Chevy Volt, and the industry’s first long-range value EV, the Chevy Bolt.

Management Commentary

“2019 was a metamorphic year for ElectraMeccanica as we laid the groundwork for the launch of our flagship, single-occupant SOLO EV,” Paul Rivera, Chief Executive Officer of ElectraMeccanica. “Since joining as CEO in August 2019, our entire team has been focused on a reboot and execution, moving the Company from a concept to one that is in commercial production of the most efficient, trend-setting vehicle to move a single occupant.  As part of this endeavor, we’ve re-engineered significant safety, comfort and design enhancements that are being implemented into the production ready SOLO.  Today, more than ever, we remain focused and committed as we move forward with production plans and methodical launch in the Los Angeles area.”

“Importantly, we’ve also taken several strategic steps to support our go-forward operations, such as the establishment of EMV Automotive Technology, our wholly-owned subsidiary in China that provides us with a greater presence in this important market. In addition, we’ve engaged BDO’s Site Selection & Business Incentives Group to lead a search for a U.S. assembly facility and state-of-the-art engineering and technical center.  A U.S. facility dedicated to assembling knock-down kits for SOLO EVs to be sold domestically will minimize uncertainties in the global supply chain, increase logistical efficiencies and reduce or eliminate tariffs.

“In summary, we’ve made unbelievable progress in our asset-light approach to preparing for the launch of a vehicle unlike any other. We’ll continue to leverage our proven retail kiosk model at highly trafficked areas throughout Southern California and the broader West Coast, and as production volumes ramp throughout the year, we look forward to increasing shareholder value, revolutionizing the urban driver experience and providing a long-overdue solution for ‘SOLO Mobility.’”

Fourth Quarter and Full Year 2019 Financial Summary 

  • Revenue in the fourth quarter of 2019 was CAD$0.3 million, compared to revenue of CAD$0.1 million in the same year-ago quarter. Revenue in 2019 was CAD$0.8 million compared with CAD$0.8 million in 2018.
  • Research and development expenses in the fourth quarter of 2019 were CAD$2.7 million, compared to CAD$1.4 million in the same year-ago quarter. Research and development expenses in 2019 were CAD$9.5 million, compared to CAD$5.6 million in 2018. Research and development costs relate to the electric vehicle segment as the Company continued to develop its first electric vehicle, the SOLO.
  • Operating loss in the fourth quarter of 2019 was CAD$8.3 million, compared to an operating loss of CAD$4.8 million in the same year-ago quarter. Operating loss in 2019 was CAD$27.3 million, compared to CAD$16.9 million in 2018.
  • Net loss in the fourth quarter of 2019 was CAD$8.1 million, compared to a net loss of CAD$2.1 million in the same year-ago quarter. Net loss in 2019 was CAD$30.7 million, compared to CAD$10.0 million in 2018.
  • Cash and cash equivalents and short-term deposits were CAD$11.1 million as of December 31, 2019, compared with CAD$18.9 million as of December 31, 2018.
  • Cash used in operations in the fourth quarter of 2019 was CAD$4.8 million, compared with cash used in operations of CAD$5.3 million in the same year-ago quarter. Cash used in operations in 2019 was CAD$22.5 million, compared to CAD$15.6 million in 2018.

“Throughout 2019, we’ve maintained our focus on prudent expense control and strategically allocating our resources as we prepare for the imminent launch of the SOLO EV,” said Ms. Bal Bhullar, Chief Financial Officer of ElectraMeccanica. “The entire leadership team at ElectraMeccanica has also kept the safety of our employees and partners as a top priority during these unprecedented times and we remain in a strong position to execute upon our operational and production goals.”

With an MSRP of $18,500, the SOLO EV is a trend-setting all-electric, single-seat vehicle expected to revolutionize the commuting, delivery and shared mobility experience. To be one of the first to own a SOLO, please reserve yours online by visiting www.electrameccanica.com.

About ElectraMeccanica Vehicles Corp.
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of environmentally efficient electric vehicles. The company’s flagship vehicle is the innovative purpose built; single-seat electric vehicle called the SOLO. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. The SOLO provides a driving experience that is unique, trendy, fun, affordable and environmentally friendly. InterMeccanica, a subsidiary of ElectraMeccanica, has successfully been building high-end specialty cars for 61 years. For more information, please visit www.electrameccanica.com.

Safe Harbor Statement

Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute “forward-looking statements” as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and should be viewed as forward-looking statements. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the automotive industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

Investor Relations:

Greg Falesnik
Managing Director
MZ Group – MZ North America
(949) 385-6449
SOLO@mzgroup.us
www.mzgroup.us

MIAMI BEACH CONVENTION CENTER LEADS SUSTAINABILITY INITIATIVE WITH 30 BLINK IQ 200 CHARGING STATIONS 

December 17, 2019

 

 

 

 

MIAMI BEACH CONVENTION CENTER LEADS SUSTAINABILITY INITIATIVE WITH 30 BLINK IQ 200 CHARGING STATIONS 

 

 

 

New Charging Stations Offer Visitors the 

Fastest Level 2 Charging Available 

 

 

MIAMI, December 5, 2019 – Leading provider of electric vehicle charging stations, Blink Charging Co. (NASDAQ: BLNK, BLNKW), announced the installation of 30 electric vehicle (EV) charging stations in the newly renovated Miami Beach Convention Center (MBCC). The City of Miami Beach deployed the fastest available, Level 2 charging stations in the MBCC as a part of their sustainability initiatives which include an expansion of their EV station network together with Blink. 

The transportation sector accounted for almost 20% of Miami Beach’s greenhouse gas (GHG) emissions in 2017. One of the city’s strategies to help reduce greenhouse gas emissions within the transportation sector is to promote the use of electric vehicles. Electric vehicle usage assists in helping the city’s efforts to mitigate climate change through reducing GHG emissions, while simultaneously reducing pollution and improving public health. According to the International Energy Agency, the number of EVs on the road will surpass 125 million by 2030, creating demand and opportunity for the deployment of EV charging stations worldwide. However, building the infrastructure and increasing the number of EV charging stations is crucial to the expected widespread adoption of EVs. 

The Blink EV stations are located in the property’s parking garage, split onto three floors, with seven dual pedestals on the fourth floor, six dual pedestals and two single pedestals on the fifth floor, and two wall-mounted chargers on columns in the loading dock, creating a total of 30 chargers with designated spots for EV drivers. 

 “As electric vehicles grow in popularity, we are thrilled to offer our visitors and residents more charging station options on our urban island,” said Miami Beach City Manager Jimmy L. Morales. “Thank you to Blink Charging Co. for their partnership and dedication to sustainability — we must all work together to reduce our carbon footprint.” 

The Blink IQ 200 chargers are the fastest Level 2 AC charging stations available, producing 80 amps of output, ensuring they are suitable for the advances in battery technology found in new electric vehicles. The charging stations operate on the Blink Network and are capable of charging any battery-electric or plug-in hybrid vehicle, offering EV drivers easy access to faster charging. 

“We are very excited to have our IQ 200 charging stations as part of this newly renovated, stunning architectural center that serves as a staple in our city. The Miami Beach Convention Center is an incredible example of a community that has considered working together to preserve the environment and reduce their carbon footprint. It’s an honor to be a part of Miami Beach’s sustainability efforts,” quoted Blink Founder and CEO, Michael D. Farkas. 

The addition of the charging equipment at the state-of-the-art convention center speaks to the facility’s environmental commitment to reduce the impact of climate change. In alignment with the city’s sustainability initiatives, the MBCC design also includes reducing the building’s energy consumption by 20%. The MBCC has been designed to achieve LEED Silver certification through the installation of condensed flow water fixtures, high efficiency LED lighting, light sensor, sun shading on the exterior, the EV charging stations, and more. 

For more information on this installation or how EV charging stations can assist in LEED certification, please contact pr@blinkcharging.com. 

 

ABOUT BLINK CHARGING 

Blink Charging is a leading owner/operator of EV charging stations in the United States and a growing presence in Europe, Asia, Israel, the Caribbean, and South America. With a long history as a pioneer in the EV industry and a dedicated team with immense knowledge of the industry, Blink continues to be the preferred, trusted partner in EV Charging Station technology. As such, the company is a driving force with more than 150,000 registered EV driver members and more than 15,000 EV Charging Stations deployed. For more information, please visit www.blinkcharging.com. Nasdaq: BLNK 

 

Blink Investor Relations Contact

InvestorRelations@BlinkCharging.com 

PHOENIX CONVENTION CENTER UPGRADES EV EQUIPMENT WITH BLINK LEVEL 2 CHARGING STATIONS

June 05, 2019

 

 

 

 

PHOENIX CONVENTION CENTER UPGRADES EV EQUIPMENT
WITH BLINK LEVEL 2 CHARGING STATIONS

 

 

 

 

Phoenix, AZ   —  The Phoenix Convention Center has installed one of the fastest, most advanced Level 2 EV Charging Stations on the market in the East Garage in partnership with Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink Charging” or the “Company”). The garage has six smart Blink units and a kiosk unit to initiate the charge. The upgrade of these EV charging stations is part of the convention center’s commitment to sustainability.

 

 

Phoenix Convention Center boasts comprehensive sustainability practices encompassing multiple aspects of business and operations: composting and recycling, smart water usage, sustainable product and sourcing, reducing travel impacts, using alternative energy sources, and supporting local partnerships. Supporting EV drivers by providing Blink charging stations further showcases the convention center’s commitment to their travel light project which also includes direct access to the facility from PHX Sky Harbor airport via the METRO Light Rail.

 

The Blink units are the fastest Level 2 AC charging stations offered, allowing EV drivers to receive a fast charge for their vehicle. These units were selected in part, due to their ease of use to the EV driver, the integration with the Blink network, and the technology and innovation of the product’s smart-to-kiosk configuration. The six units are controlled by one central kiosk unit providing the convention center with cost efficiencies without disrupting ease of use for drivers. Phoenix EV drivers will now benefit from the new Blink equipment with an intuitive touch screen, faster charge rates, and a longer 25ft charging cord. Blink will also be providing new signage for the charging stations alerting drivers of where the equipment is located and how to start a charge for their EV.

 

Blink, the Phoenix Convention Center, and the City of Phoenix have a history in providing EV charging stations to visitors of the facility. Six charging stations were first installed at the convention center in 2012.

 

 

About Phoenix Convention Center

The award-winning Phoenix Convention Center is one of the largest convention venues in the United States. It offers nearly 900,000 square feet of rentable meeting and exhibition space. Established in 1969 as a department of the city of Phoenix, the Phoenix Convention Center is a vital economic enterprise for the state and local economy. The Phoenix Convention Center & Venues include the Phoenix Convention Center, Symphony Hall, Orpheum Theatre and five parking garages.

 

ABOUT BLINK CHARGING

Blink Charging is the largest owner/operator of EV charging stations in the United States with its roots in Phoenix and headquartered in Miami. Founded in 2009, Blink is dedicated to slowing climate change by reducing greenhouse gas emissions caused by transportation. With a long history pioneering the EV industry and a team of leaders that created the industry, Blink continues to be the preferred trusted partner in EV Charging Station technology. As such, the company is a driving force in the EV industry with more than 150,000 EV driver members and more than 15,000 EV charging stations across the U.S. For more information, please visit www.blinkcharging.com. Nasdaq: BLNK

 

Blink Investor Relations Contact:

InvestorRelations@BlinkCharging.com

 

Blink Media Contact:

PR@BlinkCharging.com

 

U.S. Department of Energy Selects WAVE Drayage Electrification Project with Groundbreaking Wireless Inductive Charger to Support Battery Electric Drayage Trucks

April 11, 2019

 

 

 

U.S. Department of Energy Selects WAVE Drayage Electrification Project with Groundbreaking Wireless Inductive Charger to Support Battery Electric Drayage Trucks

 

 

 

Salt Lake City, UT– Wireless Advanced Vehicle Electrification (WAVE) is proud to announce the selection of its “High-Power Extreme Fast Charging Development and Deployment for Electric Drayage Trucks at the Port of Los Angeles” and $8.4M project award from the U.S. Department of Energy’s (DOE) Batteries and Electrification to Enable Extreme Fast Charging Funding Opportunity.

 

 

 

WAVE will partner with Cummins Inc., Schneider Electric, Utah State University and Total Transportation Services Inc. (TTSI) to develop, deploy and demonstrate a first-of-its-kind 500kW “XMEG” wireless inductive charger to support zero-emission (ZE) battery electric drayage trucks.  The solution leverages USU technology for a direct Medium Voltage grid connection to greatly reduce cost, size and complexity of installed XMEG systems.

 

“This is a critical technology because battery electric commercial vehicles will play an important role in improving air quality in cities and ports, but charging infrastructure can be a barrier to their adoption,” said Michael Masquelier, WAVE’s Chief Executive Officer. “WAVE looks forward to a fruitful partnership with DOE and we are proud to help make zero-emission freight truck operations a reality.”

 

WAVE technology transfers power through the air, from an embedded charging pad placed in the pavement to a receiving pad mounted on the vehicle’s undercarriage, reducing the amount of on-board storage needed to operate. The innovative WAVE extreme fast charger will allow TTSI’s ZE drayage trucks to charge during normal cargo loading and unloading stops. Combined with the groundbreaking improvements enabling extreme fast charge, this “top-off” charge capability will significantly extend the uptime of the trucks, eliminating battery range concerns and enabling them to complete the rigorous duty cycles associated with around-the-clock freight operations.

 

Utah-based WAVE will deploy and field test the system this year and next. The new system will be installed at TTSI at the Port of Los Angeles. Victor La Rosa, CEO & Founder of TTSI noted, “This is an important step in TTSI’s innovative push to reduce emissions throughout its terminal operations. Data gathered from this project will provide critical insights not only to TTSI but also to the port and freight sectors at large. The model that we are building will form a blueprint that any port operator looking to significantly reduce emissions can follow.”

 

This project will showcase the technologies enabling the zero-emission future of port functions. Cummins is integrating an electric powertrain that will successfully meet the operational needs of this demanding application at the Port of Los Angeles.

 

“We are pleased to work with these partners and develop our experience with extreme wireless fast charging, a key technology to enable broader adoption of electric powertrains,” said Wayne Eckerle, Vice President of Research and Technology at Cummins.“Our goal is to bring multiple clean power solutions to markets to help improve the environment while powering our customers’ success.”

 

About WAVE

 

WAVE is a technology company focused on creating practical and economical solutions for the transit and off-road industrial electric vehicle markets worldwide. WAVE is the premiere developer of inductive charging solutions for medium and heavy-duty vehicles in the United States, with numerous commercial deployments across the country.WAVE’s wireless power transfer technology is the world’s most powerful and efficient single pad wireless charging system ever deployed for medium- and heavy-duty vehicles. For more information on WAVE, please visit http://www.waveipt.com/.

 

About Cummins

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel and natural gas engines to hybrid and electric platforms, as well as related technologies, including battery systems, fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana (U.S.A.), since its founding in 1919, Cummins employs approximately 62,600 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and over 7,600 dealer locations and earned about $2.1 billion on sales of $23.8 billion in 2018. See how Cummins is powering a world that’s Always On by accessing news releases and more information at https://www.cummins.com/always-on. Follow Cummins on Twitter at www.twitter.com/cumminsand on YouTube at www.youtube.com/cumminsinc.

 

About Schneider Electric 

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. Schneider provides integrated efficiency solutions, combining energy, automation and software. Schneider believes that great people and partners make Schneider a great company and that its commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment. www.schneider-electric.com

 

About TTSI

TTSI, a mid-sized American company, is one of the largest delivery carriers in Los Angeles and the Port of Long Beach – one of the busiest seaports in the world.

Headquartered in Rancho Dominguez, CA, TTSI is a progressive, asset-based logistics provider with distinct expertise in distributing imports within the US and Canada. With a strong central leadership, TTSI is able to offer agile distribution solutions and a variety of transportation option for the simplest delivery to the most complex supply networks. Our strengths lie in solving situations before they become problems and adjusting services to meet client’s specific requirements.

TTSI’s Executive Management Team has developed a highly successful, comprehensive business model while focusing on two goals – Staying a Step Ahead and Leaving Small Footprints.

 

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