Sustainable electric motor company seeking expansion funds
The British company Advanced Electric Machines is seeking £250 million investment to grow its business making unique electric vehicle motors which do not require rare magnets. The Telegraph reports that AEM, which was spun out of Newcastle University in 2017, wants boost UK production capacity of its “switched reluctance motors”, which operate without permanent magnets. […]
ITV invests £2m in what3words
ITV’s new media-for-equity initiative “ITV AdVentures Invest,” has invested £2 million worth of advertising inventory in the location service what3words Limited. what3words has divided the world into a grid of 3m squares, giving each its own three word identifier, the what3words address. For example, the Rovers Return in Coronation Street (pictured) is at ///horn.studio.towers while […]
WSP explains how energy networks can get to grips with data
Global consultancy WSP has issued a background paper explaining how transparent, interoperable data is key to creating the modern, digitalised energy system that will power a net zero future, and asks what do network operators need to do to become more data-savvy and maximise the value of their data? Manuel Castro, Associate Director at WSP […]
Jenoptik predicts “significant and profitable growth” in 2021
Global optical technology company Jenoptik has announced it ended the 2020 reporting year with a strong fourth quarter and was able to significantly increase profitability in 2020. It says this positive development was supported by sustained high demand from the semiconductor equipment industry, the acquisition of TRIOPTICS and a largely stable capital spending by public […]
Data shows digitising Europe’s roads has saved lives and cut congestion
A leading transport official in the European Union has hailed the contribution intelligent transport systems has made to making the continent’s roads safer, cleaner and more efficient. Kristian Hedberg, an official at the European Commission’s transport directorate, told a conference that ITS on European highways have led to at least 75 fewer fatalities and prevented […]
SMMT: Business better positioned than domestic users for EV adoption
The Society of Motor Manufacturers and Traders (SMMT) has called for better support for private retail uptake of EVs, following new figures. The website transportandenergy.com reports that the SMMT says the data shows that businesses are twice as likely as consumers to make the switch from petrol or diesel at present. SMMT analysis of new […]
ITS (UK) makes first charitable donations in membership drive appreciation
The UK’s Intelligent Transport Society has paid out two £100 donations to charities chosen by members involved in recruiting organisations to join. Andy Graham of White Willow Consulting has chosen Mission Motorsport as his charity after recruiting Sopra Steria to Executive level membership, while Dementia UK gets £100 thanks to Neil Levett of Levett Business […]
“More than half” now commuting
Analysis of energy use patterns suggests more than half of all households could now be travelling to work again, City AM quotes energy brand Bulb, about 54% of households are now commuting into work, up 13% from the beginning of January. It says Bulb uses data from its smart meters to track when people are […]
HORIBA MIRA publishes cybersecurity white paper
The automotive engineering consultancy, HORIBA MIRA has published the first in a series of four industry White Papers that it says will help guide vehicle manufacturers and the tiered automotive supply chain to navigate the systemic changes required to meet the new cybersecurity regulation and standards. It says cybersecurity presents one of the most formidable […]
Shapps assessing HE’s all-lane running report
The Transport Secretary has revealed he is assessing a report from Highways England about the safety of all-lane running motorway schemes, which is now being assessed. Grant Shapps has released a statement about it, repeated in full below: Since becoming Secretary of State for Transport, I have shared the concerns of many regarding All Lane […]