Schindler Elevator Partners with Canoo to Introduce 50 New Electric Vehicles

Canoo, a leading provider of sustainable mobility solutions, has announced that it has secured a new commitment for 50 electric vehicles (EVs) from Schindler Elevator. The partnership with Schindler Elevator, a leading global provider of elevators and escalators, is a significant step forward for Canoo as it continues to expand its fleet of sustainable mobility … Read more

Elon Musk Shares Space Elevator Button, Fueling Imagination of Future Space Travel

Space Elevator-like button in Musk's SpaceX lift

The Recent Development Elon Musk, CEO of SpaceX, recently shared a picture of a lift button on Twitter that symbolizes the concept of a space elevator. This idea has intrigued humans since the beginning of space exploration as it is considered to be a more affordable, secure, and quicker mode of transportation between Earth and … Read more

Schindler’s Growth Forecast Amidst Real Estate Slowdown


The global elevator industry has experienced rapid growth in recent years, with Schindler Group being a leading player in the market. Despite a real estate slowdown in 2023, Schindler’s recent financial forecast predicts a slight revenue growth, which has garnered attention from industry experts and investors alike. Schindler: A Leading Player in the Global Elevator … Read more

Elevator Giant KONE announces major job cuts to boost competitiveness

Kone, elevator giant, announces major job cuts In a significant move aimed at improving competitiveness and customer focus, Kone, the Finnish elevator manufacturer, has announced plans to cut 1,000 jobs globally, with 150 of those cuts to be made in Finland. In the midst of a rapidly changing operating environment, the company believes that these … Read more

Nissan and Hitachi Collaborate to Power Elevators during Blackouts with Electric Vehicles

Nissan and Hitachi Collaborate to Power Elevators during Blackouts with Electric Vehicles

Japan: Nissan and Hitachi Join Forces to Keep Elevators Running during Blackouts In a bid to enhance safety and reliability in the event of blackouts, Nissan Motor Co. and Hitachi Building Systems have teamed up to roll out a system that utilizes the batteries of electric vehicles to power elevators. The innovative solution was put … Read more