MarketWatch The flash U.S. service sector purchasing managers index rose to a 4-month high of 46.7 in June from 37.5 in the previous month, IHS Markit said Tuesday. The flash manufacturing sector purchasing managers index rose to a 4-month high of 49.6 from 39.8 in May. Though an improvement, the readings remain slightly below 50 which indicates worsening conditions. The flash estimate is typically based on approximately 85-90% of total survey responses each month.
Visit https://www.marketwatch.com/story/us-services-and-manufacturing-pmis-both-hit-4-month-highs-in-june-2020-06-23 to view the full article online.
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Biz Journals Mack Defense, a military vehicle manufacturing division of Greensboro-based Mack Trucks, has moved its headquarters from rented space in Allentown, PA, to its Mack Customer Center (MCC) located in the same city. According to the company, the move is intended to provide enhanced customer service, additional working space and better access to more company amenities.
Visit https://www.bizjournals.com/triad/news/2020/06/26/mack-defense-moves-headquarters.html to view the full article online.
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Yahoo! Finance In a landmark judgment to combat climate crisis, California mandated that more than half of all the trucks and vans sold in the state should be emission-free by 2035. One of the leading economies in the world, California has always been steadfast in pursuing policies to tackle global warming and come up with some of the most aggressive climate policies. It is again leading the nation in the fight to become carbon neutral by issuing the order that all new trucks sold in the state should be zero emissions by 2045.
Visit https://finance.yahoo.com/news/us-auto-sector-braces-upheaval-121712864.html to view the full article online.
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Defense One Lockheed Martin, the world’s largest defense contractor, says it has hired more than 8.300 employees since March, when coronavirus began shutting down business across the United States. The numbers are in stark contrast to the rest of the U.S. economy, which has seen tens of millions of jobs disappear over the past four months. Lockheed said it plans to hire a total of 12,000 employees this year.
Visit https://www.defenseone.com/business/2020/06/lockheed-says-its-hired-8300-coronavirus-hit/166473/ to view the full article online.
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Drone Life A scene depicting dozens of autonomous drones shifting shape while in midflight isn’t from a trailer of the Transformers sequel. It’s a soon-to-be reality for the U.S. Army. Researchers with the U.S. Army’s Combat Capabilities Development Command’s Army Research Laboratory and Texas A&M University recently presented findings from a two-year study at the AIAA Aviation Forum and Exposition’s virtual event.
Visit https://dronelife.com/2020/06/26/army-autonomous-drones/ to view the full article online.
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Metal AM“This significant order validates that Velo3D’s SupportFree process is production-ready,” stated Benny Buller, the company’s founder and CEO. “Our recent successes across various industrial sectors show that many OEMs and contract manufacturing are adapting their supply chain to meet the demands of manufacturing mission-critical components.” AGMA also posted a video showing their support free technology last week as the Video of the Week.
Visit https://www.metal-am.com/velo3d-receives-20-million-metal-am-machine-order-from-aerospace-company/ to view the full article online.
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Inside EVs Zero Motorcycles and Vancouver, BC-based Exro Technologies, which works on how to improve electric motors in various applications (including EVs), have announced a development partnership. Exro’s patented Dynamic Power Management (DPM) is a software system, which controls electric motor coils (in the stator) in a more complex way than the standard three-phase approach.
Visit https://insideevs.com/news/430331/exro-ev-motors-electromagnetic-gearbox/ to view the full article online.
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Electrive The U.S. company Hyliion, which specializes in electrified drives for heavy-duty commercial vehicles, has presented its Hypertruck Electric Range Extender (ERX). This is an electric drive combined with a natural gas-powered generator to charge the battery. The Hypertruck ERX is a class 8 truck, i.e. with a weight of more than 14.969 tons. The long-haul, fully electric powertrain is to be designed for a range of more than 1,000 miles. While the Hypertruck ERX is powered exclusively by electric motors, the truck is by no means purely electric for the 1,000 miles, as the range extender relies on natural gas.
Visit https://www.electrive.com/2020/06/29/hyliion-presents-electric-truck-with-natural-gas-range-extender/ to view the full article online.
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