KONE Seeks CCI Approval to Acquire TK Elevator in India
KONE Corporation has approached the Competition Commission of India (CCI) for approval to acquire sole control of TK…
ElevatorPlus Calls for Uniform Lift Safety Standards Across India
ElevatorPlus founder Sumeet Katariya has called for a common lift safety framework across India, citing significant variation in…
CANopen Lift Specification Updated with New Power-Supply Unit
The CANopen Lift specification for lift control systems has been revised, with CAN in Automation (CiA) releasing draft…
Hitachi Elevator Expands Modernisation Business Across 300+ Cities in China
Hitachi Elevator China has completed more than 18,000 elevator renovation projects as China accelerates the renewal of ageing…
The strongest non-financial news angle is TK Elevator’s expansion of its AI-enabled service model and EOX portfolio.
TK Elevator is scaling its AI-enabled elevator service model in North America while expanding the market coverage of…
Johnson Lifts Emerges as L1 Bidder for ₹89.61 Crore UPMRC Lift and Escalator Package
Johnson Lifts Pvt. Ltd. has emerged as the sole financial bidder and L1 bidder for a major vertical-transportation…
Otis Installs 18 Elevators at Poland’s Largest Hotel, Powered by Otis ONE
Connected elevator system supports passenger movement and operational reliability at Hotel Gołębiewski Pobierowo Otis has installed 18 elevators…
ATIS Acquires AuditMate to Strengthen Technology-Enabled Elevator Management in North America
ATIS has acquired AuditMate, an elevator-auditing and management technology company, in a move designed to bring inspection expertise,…
Vietnam’s Elevator Market Projected to Reach 51,000 New Installations by 2031 as Malaysia Crosses 15,000
The elevator and escalator markets in Vietnam and Malaysia are expected to expand steadily through 2031, supported by…
China’s 288-Metre Cliff Elevator Cuts Students’ School Journey From Three Hours to 30 Minutes
A newly opened 288-metre cliff elevator in China’s Yunnan province is making the journey to school faster, safer…