Tag Archives: motors

Siam Motors’ Fazer R drone sprays farms

From left Mr Piyurach, Tomohiro Nagura, SYMR co-general manager, and Jetsada Fuangwut, SYMR manager of sales and planning, present Fazer R, Thailand’s first UAV agricultural helicopter. Siam Motors has diversified its business to agriculture, hoping to benefit from the state policy to promote farming innovations under the Agriculture 4.0 policy. Siam …

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Lordstown Motors Paid $12.2M for Workhorse Tech

LORDSTOWN, Ohio – Lordstown Motors Corp. paid Workhorse Group Inc. $12.2 million last year to license the Cincinnati-based electric truck manufacturer’s technology.  The noncash license income was part of the income Workhorse included in its fourth-quarter and 2019 full-year results Tuesday morning.  Under the agreement, which the two companies entered …

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