Stock Market

Rheinmetall wins quarter-billion euro order for e-vehicle components By Reuters


© Reuters. FILE PHOTO: The emblem of Rheinmetall is displayed on the Eurosatory worldwide protection and safety commerce truthful in Villepinte, close to Paris, France June 13, 2022. REUTERS/Benoit Tessier

(Reuters) – Germany’s Rheinmetall has gained an order value greater than 1 / 4 billion euros within the electromobility section, the commercial group mentioned in a press release on Monday.

Rheinmetall mentioned it could be offering the brand new 900-volt technology of electrically powered automobiles with a brand new sort of contactor to a premium German automaker.

Contactors are electrically managed switches that make it protected to show electrical automobiles on and off, mentioned Rheinmetall.

Beginning in 2025, Rheinmetall will provide tens of hundreds of thousands of those contactors for the automaker’s new car platform, the corporate mentioned.



Source link

Reuters
Reuters

Related articles

How Ethereum Quietly Hit $16,696 — The Hidden Technique Behind the Sharplink Play | by Neironix | The Capital | Jul, 2025

Whereas ETH trades close to $3K, main gamers like Consensys and Galaxy Digital might have already cashed out at six occasions the worth — right here’s how.Ethereum should still be buying and selling...

Month-to-month Dividend Inventory In Focus: Dynacor Group

Printed on July seventeenth, 2025 by Aristofanis Papadatos Dynacor Group (DNGDF) has two interesting funding traits: #1: It's providing an above-average dividend yield of three.6%, which is triple the typical dividend yield of the S&P...

Anthropic tightens utilization limits for Claude Code – with out telling customers

Since Monday morning, Claude Code customers have been hit with unexpectedly restrictive utilization limits. The issues, lots of which have been aired on Claude Code’s GitHub web page, appear to be concentrated amongst...

Hadrian raises $260M to construct out automated factories for area and protection components

Buyers are persevering with to rally behind the decision to reindustrialize American trade, this time by constructing out a $260 million warfare chest for automated manufacturing startup Hadrian to scale its manufacturing facility...

Exness Halts New Registrations in India

Retail dealer Exness has stopped onboarding new shoppers in India, blocking entry to account registration for customers based mostly in the nation. The change seems to have taken impact with out an official clarification from...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

© Copyright - Premium Alpha

WP2Social Auto Publish Powered By : XYZScripts.com