Tag: industrial

The Europe off-highway electric vehicle (OHEV) market is set for remarkable growth, projected to expand from $1.39 billion in 2024 to $13.78 billion by 2034, reflecting a CAGR of 25.76%. This surge is driven by the adoption of electric equipment in mining, construction, and agriculture sectors, aligning with stringent EU emissions regulations and climate goals. This shift to electric off-highway vehicles is supported by advancements in battery technology, charging infrastructure, and government incentives, positioning these vehicles as pivotal in the region's sustainable mobility shift. Key players include AB Volvo, CNH Industrial, and Liebherr Group.

Ekopak (EKOP:xbru), a company specialized in circular water solutions, announces the appointment of Jean-Baptiste De Cuyper as its new CEO. This appointment follows the earlier communication of May 12, 2025, in which the company announced its intention to appoint an external candidate for this key role. The appointment is part of Ekopak's broader efforts to strengthen its governance and management structure.

WALTHAM, Mass. and BOULDER, Colo., July 08, 2025 (GLOBE NEWSWIRE) -- Cogent Biosciences, Inc. (Nasdaq: COGT), a biotechnology company focused on developing precision therapies for genetically defined diseases, today announced the pricing of its previously announced underwritten public offering of 22,222,223 shares of its common stock, offered at a public offering price of $9.00 per share. The aggregate gross proceeds to Cogent from this offering are expected to be approximately $200 million, before deducting underwriting discounts and commissions and other offering expenses. In addition, Cogent has granted the underwriters a 30-day option to purchase up to an additional 3,333,333 shares of its common stock on the same terms and conditions. All of the securities in the offering are being sold by Cogent. The offering is expected to close on or about July 10, 2025, subject to the satisfaction of customary closing conditions.