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People & Company News

Torqeedo Acquired by DEUTZ

Torqeedo Acquired by DEUTZ Independent engine manufacturer DEUTZ announced it has acquired Torqeedo, provider of electric drive systems for watercraft. As an independent subsidiary of DEUTZ AG, Torqeedo will continue…

Technology

Toyota Backs Japanese $1.8 Bln LNG Vessel Order

Japanese car manufacturer Toyota Motor Corporation is turning to LNG-powered ships to transport its cars across the globe, according to a report from Japanese daily Nikkei. The company has backed an investment in up to…