EV Battery Systems To Be A New Cornerstone Of Valmet Automotive

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Battery systems are now considered as an essential growth business.

Valmet Automotive, known mainly as a contract manufacturer and engineering service provider, has announced that making battery systems is its new cornerstone.



Valmet Automotive has started battery production in Salo


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Valmet Automotive has started battery production in Salo

The company expects that within the next few years, the EV battery business will reach or even exceed the vehicle contract manufacturing in terms of sales.

“The growth will focus on the EV Systems business line with its battery system engineering and manufacturing services, but the company strategy emphasizes the importance of e-mobility in all business lines.”

“For Valmet Automotive, battery systems are the essential growth business, and the company has set a target of becoming a key player both as a contract battery manufacturer and as a Tier 1 system supplier…”

The EV Systems business line, founded in 2018 has expanded to 300 employees in Finland and

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To cut emissions, Denver must become a dense, walkable, 15-minute city

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Drought, toxic algae blooms and massive fish kills. These local events signal the early consequences of climate change — and there’s more. Record heat, beetles destroying forests and air made unhealthy by some of the most severe wildfires in Colorado history.

Though we can still stop the most catastrophic climate predictions from becoming a reality, doing so will require an immediate global effort, including changes in Denver neighborhoods that will make the city a better place to live while reducing the need to drive.

The largest source of greenhouse gas emissions in Colorado is transportation. As Colorado experiences multiple environmental calamities at once, it’s time Denverites find a sense of civic duty. We must allow our neighborhoods to change. And we must provide people with places to work, dine, shop, exercise and enjoy life, all within a short walk or bike ride from where we live.

This idea, “the 15-minute

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Transportation Stocks Could Sell Off Into Fourth Quarter

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The Dow Jones Transportation Average has stalled at two-and-a-half-year resistance and could give back a large percentage of gains posted since March’s four-year low. The underperforming airline sub-sector could add to losses, but packaging, railroads, and shipping stocks attracting strong bids this summer could take the brunt of selling pressure, with receding hopes for a rapid economic recovery fueled by fears of a second infection wave this winter.

Key Takeaways

  • The Dow Jones Transportation Average has completed a 100% round trip into the January high.
  • The instrument has reversed in this price zone multiple times since early 2018.
  • Continued downside could reach deep support at the 200-day moving average.
  • The summer’s big winners could drive the majority of downside.

Six of the instrument’s 20 components have lifted to all-time highs in the past few months, underpinned by huge capital flowing into stocks from so-called Robinhood traders who used government stimulus

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