lead

Sales of Automotive Lead Acid Batteries to Soar, as Global Vehicle Production Ramps Up, Says Fact.MR

Automotive lead acid battery market is set to surpass a valuation of US$ 41.8 Bn and is poised to grow at a value CAGR of 5% during the forecast period (2019-2029). The surge in production of automobiles globally has supplemented the growth of lead acid battery market. Lead acid batteries are soaring on popularity as they provide an additional source of power to the vehicle. However, in the current scenario, the global automobile market has been stagnant in terms of profitable growth. This is anticipated to change in the coming years as the automotive sector is set to capture growth opportunities owing to the increasing vehicle production, thus aiding the demand for automotive lead acid batteries. Moreover, the heightened uptake of passenger cars globally, is expected to accelerate the growth of automotive lead acid battery market. Further, a steady rise in the use of pure electric and hybrid vehicles is

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The Volvo Group and Daimler Truck AG to Lead the Development of Sustainable Transportation by Forming Joint Venture for Large-scale Production of Fuel Cells

GÖTEBORG, Sweden, April 21, 2020 /PRNewswire/ — Sharing the Green Deal vision of sustainable transport and a carbon neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The intention is to develop, produce and commercialize fuel cell systems for heavy-duty vehicle applications and other use cases. Daimler will consolidate all its current fuel cell activities in the joint venture. The Volvo Group will acquire 50% in the joint venture for the sum of approximately EUR 0.6 billion on a cash and debt free basis. 

“Transport and logistics keep the world moving, and the need for transport will continue to grow. Truly CO2-neutral transport can be accomplished through electric drive trains with energy coming either from batteries or by converting hydrogen on board into electricity. For trucks to

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Physical distancing rules lead to boom for Halifax bicycle shop

A bicycle shop in Halifax says business is booming as people look for ways to stay active and keep their distance from others amid the COVID-19 pandemic.

Cyclesmith saw a 42 per cent increase in sales in the first half of March compared to the year before.

“If we’ve been cooped up for two weeks in self-isolation, then we can get out for a bike ride and we get the fresh air and stuff, and we don’t have to be on top of each other,” said owner Andrew Feenstra. 

As of Tuesday, there are 147 confirmed cases of COVID-19 in Nova Scotia.

Cyclesmith has adopted a long list of changes to keep staff and customers safe.

Customers at Cyclesmith in Halifax have to ring a doorbell to be served at the store to make sure everyone respects physical distancing procedures. (Craig Paisley/CBC)

The front door is now locked, and customers

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