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    IHS Markit launches 2021 OEM-Supplier Relations (SuRe) survey
    The automotive industry’s global survey of OEM-supplier relations has returned, giving tier-one suppliers the opportunity to express their views and opinions on their relationship with every major OEM from today (April 12). IHS Markit's unique SuRe (Supplier Relations) Index scores and ranks OE...
    12-Apr-2021 News OEM Purchasing Pinned
    Android’s grip tightens on automotive OS
    Android Automotive has taken the automotive headunit by storm. From its initial introduction in early 2017 until now, six global automakers across more than 10 brands have signed on, accounting for nearly one-fifth of all vehicles once fully rolled out. The significance of Android Automotive lies wi...
    Sony, Vodafone Germany begin 5G driving tests of VISION-S Prototype
    The Sony Group Corporation and Vodafone Germany began the VISION-S Prototype 5G driving tests on a test course in Aldenhoven, Germany, according to a press release on the company’s website dated 21 April. VISION-S Prototype is equipped with 5G network connectivity, which enables a continuous co...
    Johnson Matthey, Finnish Materials Group collaborate on eLNO cathode plant
    Johnson Matthey has announced a partnership with Finnish Minerals Group to support the development of a second commercial plant in Finland to produce electric vehicle (EV) batteries, according to a press release dated 19 April. The company has also signed a term sheet for the supply of nickel and co...
    Faurecia’s Q1 2021 sales up 8.9% y/y to USD4.7 billion
    Faurecia has reported an 8.9% year-on-year (y/y) growth in sales to EUR4 billion (USD4.7 billion) for the first quarter ended 31 March 2021. According to a company press release on 20 April, Seating segment sales rose by 10.1% y/y to EUR1.5 billion and sales in the Interior segment grew by 11% y/y t...
    Ireland to halve subsidies for PHEVs from July 2021
    The Government of Ireland will adjust its purchase incentives for electric vehicles (EVs) as of 1 July 2021. According to a report filed by Electrive on 20 April, plug-in hybrid vehicles (PHEVs) are set to have their subsidies slashed by half from EUR5,000 (USD6,022.99) to EUR2,500. However, the sub...
    EVBox, ON Power install 220 EV charging points in Reykjavik, Iceland
    Icelandic energy provider, ON Power, and scalable electric vehicle (EV) charging solutions provider, EVBox, have partnered to expand Iceland’s electric vehicle (EV) charging network. According to a press release issued by EVBox on 20 April, 136 public EVBox charging stations have already been inst...
    21-Apr-2021 News New Products
    Auto Shanghai 2021: Audi to unveil A6 e-tron concept
    Audi will be revealing its four-door Audi A6 e-tron electric vehicle (EV) concept at Auto Shanghai 2021, the company said in a press release on 19 April. The EV is based on the Premium Platform Electric (PPE), which will also underpin for the automaker’s other electrified vehicles in the future as...
    20-Apr-2021 News New Products
    ACQUISITION: PPG announces acquisition of automotive coatings manufacturer, Cetelon Lackfabrik
    PPG announced that it has acquired coatings manufacturer, Cetelon Lackfabrik, without disclosing the financial details of the transaction, according to a company press release on 19 April. Significance: Cetelon Lackfabrik manufactures automotive wheel coatings apart from coatings for light truck ...
    Auto Shanghai 2021: MY 2021 Mercedes-Benz EQB electric SUV premiered
    Mercedes-EQ, Mercedes-Benz’s new electric mobility brand premiered the all-electric compact EQB sports utility vehicle (SUV) on 18 April at the first press day of Auto Shanghai 2021, according to a company press release on 18 April. The company will also premiere the EQS luxury sedan in Asia ...
    19-Apr-2021 News New Products
    Auto Shanghai 2021: Audi premieres PPE technology, four new EV models alongside FAW, SAIC
    For the first time, Audi is partnering with two other automakers, FAW and SAIC, at the Auto Shanghai 2021 according to a company press release on 19 April. Audi and its Chinese partner companies FAW and SAIC are showing four world premieres, including new Audi A6 e-tron concept vehicle, the updated ...
    19-Apr-2021 News New Products
    Siemens develops Simatic charge controller and calibration kit for EV charging
    Siemens is offering charging system suppliers a new plug & play solution, which enables calibration of the Powerline signal level in line with Combined Charging System (CCS) CharIN Association Implementation Guidelines for the conductive charging of electric vehicles (EVs), according to a compan...
    19-Apr-2021 News New Products
    Asahi Kasei relocates European headquarters to Düsseldorf, Germany
    Asahi Kasei Europe has relocated its office and research and development (R&D) functions to its new base at Düsseldorf Harbor in Germany, according to a company press release on 13 April. The new headquarters includes office spaces, a showroom for automotive materials and an R&D center, whi...
    Mercedes-Benz EQS offers Drive Pilot automated driving tech
    Mercedes-Benz EQS has announced the lauch of the DRIVE PILOT system enabling driving in highly automated mode at speeds of up to 60 km/h in heavy traffic or congested situations. The launch is expected in early 2022 in Germany.  The EQS is prepared for Automated Valet Parking (AVP,...
    19-Apr-2021 News New Products
    UK's Ocado invests USD13.8 million in autonomous delivery vehicle startup Oxbotica
    British online grocer Ocado plans to invest USD13.8 million in autonomous vehicle software company Oxbotica. The company aims to reduce the cost of last-mile delivery and other logistics. Oxbotica's co-founder Paul Newman said, "By combining both companies' cutting-edge knowledge and resources, w...
    Audi presents Q4 e-tron entry-level electric CUV, SUV
    Audi has launched the world premiere of the Q4 e-tron entry-level electric crossover utility vehicle (CUV) and Q4 Sportback e-tron sport utility vehicle (SUV) and according to a company press release on 14 April. The premiere was presented by the Four Rings company. Significance: Audi’s e-...
    16-Apr-2021 News New Products
    Joint venture: Bosch, Qingling Motors set up JV to produce hydrogen fuel cells in mainland China
    German automotive supplier Bosch and premium commercial vehicle manufacturer Qingling Motors have established a joint venture (JV) in mainland China, named Bosch Hydrogen Powertrain Systems (Chongqing) Co. Ltd. According to a company press release on 14 April, the new company will develop, assemble,...
    HELLA reports almost flat sales of USD5.7 billion for first nine months of FY 2020/21
    German electronics and lighting expert HELLA’ portfolio-adjusted sales fell only slightly by 0.3% year-on-year (y/y) to EUR4.7 billion (USD5.7 billion) in the first nine months of fiscal year (FY) 2020/21 (1 June 2020 to 28 February 2021). According to a company press release on 14 April, adj...
    Continental, Amazon Web Services to launch platform for automotive software
    Continental and Amazon Web Services (AWS) have partnered to work together on automotive software, Continental announced in a press release on 15 April 2021. Under the long-term collaboration, AWS is serving as the preferred cloud provider. Under the collaboration, Continental is providing the mobili...
    16-Apr-2021 News New Products
    Volkswagen Group Components expands battery systems production in Braunschweig, Germany
    The Volkswagen Group Components plant in Braunschweig, Germany, is expanding its production of battery systems for the latest electric vehicle (EV) generation. According to a press release issued by Volkswagen on 15 April, the site will be able to fit up to 500,000 batteries a year in vehicles ...
    Three new variants added to Polestar 2 EV model range
    The Polestar 2 model range is expanding to three variants with two powertrains, two battery packs, and optional equipment packs, according to a company press release on 13 April. The electric performance fastback starts at about EUR40,000 (USD47,605). While the automaker does not experiment with ...
    15-Apr-2021 News New Products
    Honda debuts 'e:PROGRESS' domestic intelligent charging system in UK
    Honda has introduced its first energy service for Europe with the debut of its domestic intelligent charging solution e:PROGRESS in the United Kingdom, according to a company press release on 14 April. The system, exclusively offered to Honda e customers, will be available in the UK now. The automak...
    Rimac to open new headquarters in Zagreb, Croatia
    Croatian high-performance EV manufacturer, Rimac Automobili, has announced that it will be establishing its new headquarters on the outskirts of Zagreb, Croatia. According to a press release issued by Rimac on 12 April, this new facility will include an on-site test track, accommodation, and museum,...
    14-Apr-2021 News Investments
    Dana showcases bipolar plates for fuel cells at Hannover Messe
    Dana Incorporated, a manufacturer of efficient propulsion and energy-management solutions for all mobility markets, is showcasing its metallic and composite bipolar plate technology for fuel cell stacks at the ongoing virtual Hannover Messe virtual tradeshow, according to a company press release on ...
    14-Apr-2021 News New Products
    Toyota starts production of hybrid electric drives for Yaris in Poland
    Toyota Motor Manufacturing Poland (TMMP) has launched the production of hybrid electric transmissions for its low-emission hybrid electric powertrains. According to a press release issued by TMMP on 7 April, the company stated that this new transmission combines with the latest generation 1.5L ...
    AK Automotive to invest USD23.8 million to expand car parts factory in Slovenia
    AK Automotive plans to invest EUR20 million (USD23.8 million) to expand its car parts factory in Koper, Slovenia, according to a report by SeeNews on 12 April. AK Automotive intends to build a new production unit spreading on 2,000 square meters of area to produce car parts and chassis parts. Sig...
    13-Apr-2021 News Investments
    Yokohama Rubber supplies ADVAN Sport V107 tires for BMW’s iX3
    The Yokohama Rubber Co., Ltd. announced in a press release on 5 April 2021, that it is supplying its “ADVAN Sport V107” tires to the BMW’s new iX3, the first Sports Activity Vehicle (SAV) with an all-electric-drive system from the BMW brand. The tire supplier began shipping the tires to the BM...
    Comau provides battery manufacturing line for UK Battery Industrialization Centre
    Comau has been selected by the UK Battery Industrialisation Centre (UKBIC) to develop and deploy a semi-automated battery module and battery pack assembly line for the publicly-funded ‘open-access’ battery production development facility, according to a press release on 8 April 2021. The facilit...
    Manz, GROB form strategic partnership for Li-ion battery systems
    Manz AG and GROB-WERKE GmbH & Co. KG have entered into a cooperation in the field of lithium-ion (Li-ion) battery systems, according to a company press release on 8 April 2021. As part of the partnership, the companies plan to set machine standards "made in Europe". From now on, the companies wi...
    12-Apr-2021 News Investments
    Spain announces ‘Moves III’ e-mobility subsidy program
    The Spanish government has announced Budget Moves III, a new e-mobility subsidy program to encourage electric car sales. The initial budget plan is EUR400 million (USD475 million) until 2023, which can further increase up to EUR800 million based on requirements. The new program aim...
    Stahl launches next-generation lightweight automotive leathers
    Stahl has launched a range of next-generation solutions for lightweight automotive leathers without compromising on quality, according to a company press release on 30 March 2021. The new Stahlite® range is ideal for use in the retanning and fatliquoring stages of wet-end leather production process...
    12-Apr-2021 News New Products
    TomTom, NNG demonstrate real-time transmission of external data for automated vehicles using TPEG technology
    Traveller Information Services Association (TISA) members TomTom and NNG showcased the possibility and benefits of sending real-time data specifically generated to supplement the onboard sensor data of an autonomous driving vehicle from an emergency vehicle. In the live demonstration, the data tr...
    12-Apr-2021 News New Products
    Nidec to open e-motor production facility in Serbia
    Japan-based Nidec Corporation will open a new factory in the city of Novi Sad in the Republic of Serbia, according to a company press release on 9 April. The new Nidec Electric Motor Serbia LLC will make automotive motors and related products, employing some 1,000 people. The new Nidec Elesys Europe...
    12-Apr-2021 News Investments
    FLEETCOR invests in Mina, UK for charging solutions
    FLEETCOR Technologies, Inc., a global business payments company, has announced a minority investment in Mina, a cloud-based digital software platform that simplifies charging and payments management for commercial fleets with electric vehicles (EVs), FLEETCOR said in a press release on 8 April. ...
    Faraday Institution commits additional USD31 million for battery research
    The Faraday Institution has announced a GBP22.6 million (USD31 million) investment for battery research, according to a company press release on 30 March. This includes research on extending battery life, battery modeling, recycling and reuse, and solid-state batteries. Research in these areas ...
    09-Apr-2021 News Investments
    Continental to test tires in dynamic driving simulator
    Continental is investing in a state-of-the-art dynamic driving simulator to develop its premium tires for the original equipment (OE) business more efficiently, sustainably, and precisely in line with customer requirements in the future, the German supplier announced in a press release on 7 April 20...
    ACQUISITION: Eissmann Group completes acquisition of Minda KTSN
    Eissmann Group Automotive has announced the completion of acquisition of Minda KTSN Plastic Solutions GmbH & Co. KG, according to a press release on 7 April 2021. The company closed the acquisition as planned on 31 March. The former Minda KTSN Plastic Solutions is now called Eissmann Automotive ...
    Continental to expand production operations in Timișoara, Romania
    Germany-based Continental has purchased a new building in Timișoara, Romania to expand operations in the country. According to a company press release on 7 April 2021, the new building includes the production hall and offices located on Otto Rudolf Street, in the Freidorf Timișoara Industrial Park...
    08-Apr-2021 News Investments
    German startup betteries raises EUR2.1 million seed investment
    Berlin-based startup betteries has successfully closed its EUR2.1 million (USD2.5 million) in seed funding round led by impact funds Factor[e] Ventures and Beyond Black, according to a company press release on 29 March 2021. “This seed round is far from transactional. The partnership and suppor...
    Auto Shanghai 2021: HELLA to present lighting and electronic innovations
    Germany-based lighting and electronics expert HELLA will showcase solutions for the mobility of the future at the upcoming Shanghai International Automobile Industry Exhibition, which will be held from 19–28 April. According to a company press release 5 April 2021, HELLA will present various elect...
    StradVision partners with European OEM and tier-1 supplier for ADAS
    StradVision, a pioneer in AI-based vision processing technology for autonomous vehicles and advanced driver assistance systems (ADAS), has announced two new partnerships to expand its global footprints. StradVision is partnering with a leading German OEM to supply augmented reality to the Navig...
    Draexlmaier opens new plant in North Macedonia
    German car parts manufacturer Draexlmaier has opened a new production plant in Kumanovo, in the northern part of North Macedonia, according to a report by SeeNews on 6 April. The value of the investment is in the "double-digit million" range, according to the report citing a company statement. The n...
    07-Apr-2021 News Investments
    Croatian car parts maker AD Plastik secures new contracts from AvtoVAZ, Nissan, VW, PSA
    AD Plastik has secured new deals in Russia from AvtoVAZ worth EUR10.4 million (USD12.3 million), according to a company press release on 6 April. The project is expected to last eight years. In addition, the company has secured deals worth EUR6.2 million in Russia from Nissan and the Volkswagen Grou...
    TactoTek and Amphenol team up for smart automotive surfaces
    TactoTek®, the Finland-based company that develops and licenses in-mold structural electronics (IMSE®) technology, and Amphenol ICC have announced a collaboration to develop automotive grade in-mold connectors for TactoTek IMSE technology, TactoTek announced in a press release on 31 March 2021. ...
    07-Apr-2021 News New Products
    EV charging startup On, Siemens to install 120 chargers in Rome, Italy
    Siemens Smart Infrastructure is delivering charging stations and cloud-based software for charging infrastructure management to Italian start-up company name On. The solutions provide the basis for a new electric vehicle (EV) sharing service in Rome developed by the Italian start-up. Siemens is prov...
    Fraunhofer IPT to automate and expedite hydrogen fuel cell manufacturing
    Germany-based research institute, Fraunhofer Institute for Production Technology (Fraunhofer IPT), is working on simplifying and speeding up the complex process of manufacturing hydrogen fuel cells. The institute is also setting up a continuous production line to streamline the fuel cell production ...
    06-Apr-2021 News New Products
    Plug Power, Chart Industries, Baker Hughes consider investing in FiveT Hydrogen Fund
    Plug Power, Chart Industries, and Baker Hughes have announced their intention to become investors in the formation of the FiveT Hydrogen Fund, according to a company press release on 5 April. Plug Power intends to commit EUR160 million (USD200 million), and Chart Industries and Baker Hughes each int...
    06-Apr-2021 News Investments
    Solvay, Maincor Rohrsysteme develop technique to extrude flexible corrugated tubing
    Solvay and Maincor Rohrsysteme GmbH & Co. KG have introduced a technique to manufacture a more flexible, extruded corrugated tubing with varying wall thicknesses and diameters, according to company press release on April 1. Significance: Solvay previously introduced Ryton® PPS mono-layer ext...
    06-Apr-2021 News New Products
    UK Government to invest over GBP30 million for battery technology, hydrogen vehicles
    On March 30, the UK Government announced a GBP30 million funding in research of battery technology, the electric vehicle (EV) supply chain and hydrogen vehicles. Around GBP9.4 million will be spent on 22 studies to develop innovative automotive technology, including hydrogen...
    05-Apr-2021 News Investments
    Faurecia and Stellantis collaborated to develop hydrogen-powered commercial vehicles
    Stellantis and Faurecia have collaborated to equip its new zero-emission ranges of light commercial vehicles with hydrogen storage systems and fuel cell stacks through Symbio, a joint venture (JV) between Faurecia and Michelin. Faurecia will develop, supply and assemble hydrogen storage systems f...
    GRAMMER's FY 2020 revenue down 16% y/y to USD2.1 billion
    GRAMMER has reported a 16% year-on-year (y/y) decline in revenues to EUR1.7 billion (about USD2.1 billion) for the fiscal year ended 31 December 2020, according to a company press release on 31 March 2021. Both of its divisions were affected by declining revenue but outperformed the market as a whol...
    Henkel expects Q1 2021 organic sales growth of around 7%
    Henkel has reported a growth of 7% in its net sales compared with current expectations of 3.5%, according to a company press release on 31 March. The company reports that the Adhesive Technologies business unit is expected to achieve an organic sales growth of around 12.5%. Henkel expects ...
    Covestro completes first consulting project on CMF trends for Guangzhou Automobile Group
    Covestro is strengthening its color, material, and finish (CMF) capabilities. By way of this, the material supplier has completed its first consulting project on CMF trends and material design for the Advanced Design Department at the Research and Development Center of Guangzhou Automobile Group Co....
    Updated MINI app to be launched in 21 countries worldwide
    The MINI App—first introduced in July 2020 and launched in 33 markets (mainly in Europe), has been updated and now made available in the United States, Russia, Japan, Australia, and 17 other countries, and will be offered in Mainland China from April 2021, according to a company press release...
    01-Apr-2021 News Investments
    Radici Group invests USD40 million in high-performance polymers plants worldwide
    The RadiciGroup High Performance Polymers Business Area is investing over EUR35 million (USD40 million) to add to its global production capacity with new construction and installations in North America, Europe, and mainland China, according to a company press release on 31 March. Significance: ...
    01-Apr-2021 News Investments
    Teijin Ltd., Applied EV team up to develop LS-EV prototype with polycarbonate resin glazing
    Teijin Limited has announced that together with Applied Electric Vehicles (Applied EV) it has developed a highly energy-efficient low-speed electric vehicle (LS-EV) prototype for autonomous driving systems and other mobility applications for zero-emission mobility, according to a company press relea...
    Pirelli’s aims to invest USD833–856 million for technological and productivity upgrade in 2021–22
    Pirelli has launched the 2025 Industrial Plan with new plans for production and technology upgrades, according to a company press release on 31 March. According to the plan, the company plans to invest EUR710–730 million (USD833–856 million) in the two-year period of 2021–22 for technological ...
    01-Apr-2021 News Investments
    Leoni plans to sell data communication and compound business activities in Stolberg, Germany location
    Leoni plans to sell its data communication and compound business units to a consortium of buyers led by current managing director, the company announced in a press release on 31 March 2021. Leoni has informed employee representatives and the employees of Leoni Kerpen GmbH of its intention to sell th...
    KUKA receives major order for body-in-white engineering and assembly
    KUKA has secured an order for body-in-white (BIW) components engineering and assembly from a global automaker, according to a company press release on 31 March 2021. The company said the order is in the mid-double-digit million euro range. For the automotive industry, KUKA offers engineering, pro...
    MAHLE opens new test center in Germany for fuel cells
    MAHLE has opened a new test center in Stuttgart, Germany for fuel cells. According to a company press release on 30 March 2021, the company has the new test center for hydrogen applications into operation on a 1,400-square-meter, site in Stuttgart. The company has invested around EUR2 million (USD2....
    31-Mar-2021 News Investments
    LANXESS to produce electrolyte formulations for Li-ion batteries from 2022
    LANXESS is entering the field of battery chemistry by cooperating with Guangzhou Tinci Materials Technology Co. (Tinci), a lithium-ion (Li-ion) battery materials manufacturer based in mainland China, according to a company press release on 30 March. Starting next year LANXESS will produce electrolyt...
    31-Mar-2021 News Investments
    Freudenberg reports 6.6 % y/y decline in sales to USD10.9 billion for FY 2020
    Freudenberg Group has reported a sales of EUR8.84 billion (USD10.86 billion) in the full year ended 31 December 2020, compared to EUR9.46 billion in the previous year, according to a company press release on 30 March. Operating income of the Freudenberg Group, however, fell 22.4% year on year (y/y) ...
    Nokian Tyres increases passenger car tire production capacity at Finnish factory by 30%
    Nokian Tyres plc is increasing its production capacity for passenger car tires at its Finnish factory by about 30% by starting to run in four shifts, according to a company press release on 29 March. The capacity increase is expected to warrant an approximate increase of 70 new people in Nokia, Finl...
    31-Mar-2021 News Investments
    bp pulse, The EV Network collaborate to roll-out ultra-fast charging hubs in UK
    The EV Network (EVN) and bp pulse have signed an agreement to expand ultra-fast electric vehicle (EV) charging infrastructure in the United Kingdom, bp announced in a press release on 29 March. The two companies will expand the EV charging infrastructure with a series of new charging hubs. As per th...
    Brose, Volkswagen sign JV for vehicle seats
    The Brose Group and Volkswagen (VW) have signed an agreement to establish a joint venture (JV) to develop and manufacture complete seats, seat structures and components along with solutions for the vehicle interior, according to a joint press release by the two companies on 26 March. As per the agre...
    Audi, EOS expand use of metal 3D printing applications
    Owing to its partnership with EOS, Audi has moved entirely to additive manufacturing for selected tool segments for hot forming at its Metal 3D Printing Centre in Ingolstadt, Germany, dispense with conventional production methods in these cases, according to a press release by EOS on 18 March. Si...
    Melexis launches multichannel RGB LED driver for automotive lighting applications
    Melexis has launched a new multichannel RGB LED driver—MLX81117—for automotive lighting applications, according to a company press release on 25 March 2021. The new product supports the MeLiBu™ high-speed communication license-free IP which enables intelligent animated automotive lighting conc...
    26-Mar-2021 News New Products
    European Commission plans to impose antidumping duties on certain aluminum products from mainland China
    The European Commission has pre-disclosed on March 15 that intends to impose provisional antidumping duties ranging between 19.6% and 47.3% on certain flat rolled aluminum products from Mainland China, according to a press release by Hydro, a leading industrial company on 22 March 2021. The dutie...
    EV startup Rimac opens R&D center in Warwick, UK
    Rimac Automobili opened a new research and development (R&D) office in the United Kingdom, according to a company press release on 23 March. The company’s new office is based in Warwick Enterprise Park and is planned to employ 30 people by the end of 2021. Rimac currently employs nearly 1,000 ...
    Germany to provide USD6.5 billion funding to ramp up EV charging infrastructure
    Steffen Seibert, the spokesman for Chancellor Angela Merkel said a statement that the country will provide USD6.5 billion of funding for electric vehicle (EV) charging infrastructure, reports Handelsblatt. The funds will be made available till 2024. Significance: Germany has been taking strides t...
    Renault to manufacture five new hybrid SUV models in Spain in 2022–24
    France’s Renault has said that it would start producing five new hybrid SUV models in its “second home” Spain in 2022–24, in line with an agreement with unions in the country, reports Reuters. The automaker intends to make Spain a hub for its E-TECH hybrids in an attempt to improve profit ma...
    25-Mar-2021 News New Products
    Faurecia supplies SmartVent ventilation and thermal management solution; interior components for new DS4
    Faurecia is supplying SmartVent ventilation and thermal management solutions and other technologies from its Interiors, Seating and Clean Mobility Business Groups for the new DS4 sport utility vehicle (SUV), the French supplier said in a press release on 22 March 2021. Faurecia Interiors will als...
    Opel upgrades battery center in Rüsselsheim, Germany to cover eCMP models
    Stellantis-owned German carmaker, Opel, has announced that it is upgrading its battery center in Rüsselsheim, Germany. According to a press release issued by Opel on 23 March, the center, which was established 10 years ago, now has the capability to check and, if necessary, repair the batteries of ...
    Volvo, ECARX to set up JV for developing infotainment system platform
    Volvo has announced a tie up with ECARX, under which the two companies will set up a joint venture (JV) to development and commercialize a new infotainment system platform, a company press release on 23 March read. Volvo and ECARX will also enhance Volvo Cars’ infotainment system platform. The JV-...
    Sweden’s Chalmers University, KTH Royal Institute of Technology produce structural ‘massless’ battery
    Researchers from Chalmers University of Technology in partnership with KTH Royal Institute of Technology in Stockholm, Sweden, have produced a structural battery that performs 10 times better than previous prototypes, according to a press release on 21 March. The battery contains carbon fiber that s...
    24-Mar-2021 News New Products
    Rheinmetall wins order from German carmaker to supply aluminum engine blocks
    Rheinmetall AG has won a follow-up order from an undisclosed German automaker for supply of aluminum engine blocks, according to a company press release on 23 March 2021. The order is valued at over EUR100 million (USD118.8 million). The company expects full-scale production to start in 2023. The li...
    HELLA partners with connected vehicle data provider Wejo
    HELLA has entered a partnership with connected vehicle data provider Wejo to further improve the performance of sensors based on data from millions of vehicles, the German electronics and lighting specialist announced in a press release on 23 March 2021. The relationship also aims to potentially dev...
    Goodyear partners with EV rental company UFODRIVE to improve fleet performance
    Goodyear Tire & Rubber company today announced a strategic partnership with electric vehicle (EV) rental company UFODRIVE, aimed at improving EV fleet performance, according to company press release on 23 March. The companies aim to integrate their complementary mobility solutions, which include...
    Alcoa supplies sustainable low-carbon aluminum for wheels on Audi’s e-tron GT
    Alcoa Corporation is supplying sustainable aluminum for wheels used on the Audi e-tron GT, which is the first vehicle to ever use metal from a revolutionary technology that eliminates all direct carbon dioxide emissions from the traditional smelting process, Alcoa and Audi announced in separate pres...
    Valmet setting up battery assembly facility in Kirchardt, Germany
    Finnish supplier Valmet Automotive has announced a new battery assembly in Kirchardt, Germany. According to a company press release on 23 March 2021, it will be the company’s first battery factory in Germany. The new company expects to start pre-series production of complete battery systems for el...
    24-Mar-2021 News Investments
    Mercedes-Benz begins battery systems production for EQS
    Germany-based luxury carmaker, Mercedes-Benz, has commenced the production of high-performance batteries for its pure-electric EQS at its Stuttgart-Hedelfingen plant, a part of the Untertürkheim location in Germany. According to a press release issued by the company on 23 March, the Mercedes-Benz E...
    Toyota suspends manufacturing in Czechia due to chip shortage
    Toyota Motor has suspended operations at its Czechia plant for two weeks due to a shortage of automotive semiconductors, Bloomberg reported on 20 March. The Kolin facility, which manufactures the Aygo hatchback, will have operations suspended starting 22 March 22. Suspension is caused by the lo...
    Porsche to begin trials of synthetic fuels in 2022
    Porsche sports car head Frank Walliser has said that the automaker is looking to begin trials of its own synthetic fuel in 2022, that will be compatible with unmodified combustion engines, according to a report by Autocar on 16 March. Speaking ahead of the unveiling of the new 911 GT3, Walliser a...
    23-Mar-2021 News Investments
    Renault, Solvay, Veolia partner to recycle end-of-life EV battery materials
    Groupe Renault, resource management firm, Veolia, and Solvay, have announced their partnership to enable closed-loop recycling of EV battery metals in Europe according to a press release on 18 March. The three partners are actively engaged in an experimental phase of setting up a pre-industrial demo...
    Faurecia starts construction of manufacturing facility in France
    France-based automotive parts supplier Faurecia has announced the construction of a new industry 4.0 platform in the Bourgogne-Franche-Comté region of France, according to a company press release on 19 March. The company is investing a total of EUR165 million (USD196.5 million). The project will no...
    23-Mar-2021 News Investments
    Swedish startup Charge Amps raises USD15 million
    Charge Amps AB, a Swedish developer of electric vehicle (EV) charging solutions, has raised USD15.3 million (SEK130 million), the startup said in a press release on 19 March 2021. The round was led by Swedbank Robur via its equity funds, Microcap and Ny Teknik. In addition, Swedbank Robur has purcha...
    Eaton acquires EV charging systems developer Green Motion
    Power management company Eaton has acquired Switzerland-based Green Motion SA, a designer and manufacturer of electric vehicle (EV) charging hardware and related software, according to an Eaton press release on 22 March 2021. “Energy transition around the world is rapidly gathering momentum, an...
    SEAT, Iberdrola, Volkswagen sign strategic alliance to push electrification in Spain
    Volkswagen Group (VW) and its Spanish car unit SEAT have partnered with electric utility company Iberdrola to promote electrification in Spain, SEAT said in a press release on 15 March. As part of the collaboration, the three companies have agreed on supply of renewable energy in the electric vehicl...
    Tesla shuts down Model S, X assembly plant in Netherlands
    American electric vehicle (EV) manufacturer Tesla, has announced that it will be shutting down its assembly plant located in Tilburg, the Netherlands. According to a report filed by Electrek on 18 March, the Tilburg plant, which used to perform the final assembly of the Tesla Model S and the Mo...
    Volkswagen to deliver over 450,000 electric vehicles to customers in 2021
    Volkswagen (VW) has announced that it will deliver over 450,000 electric vehicles (EVs) to customers in 2021, more than double the 2020 figure. With its new ACCELERATE strategy, VW will be piloting a subscription model for the ID.3 in six German cities, to test the acceptance of use-based billi...
    19-Mar-2021 News Investments
    UK government further slashes subsidies on electrified vehicles
    The UK government has updated the grant scheme for electric cars, vans, and trucks to target less expensive models, according to a press release on 18 March. From 18 March 2021, the government will provide grants of up to USD3,486 (GBP2,500) for electric vehicles (EVs) priced under USD49,505 (G...
    Porsche to produce high-performance batteries with silicon anodes
    Porsche is looking into high-performance batteries with silicon instead of graphite anodes to achieve higher energy density and better fast-charging capability, according to a company press release on 16 March. The new batteries will be produced in limited volumes in Europe for high-performance vehi...
    19-Mar-2021 News Investments
    VARTA to produce battery cells for electric vehicles in Germany
    German battery maker VARTA will produce battery cells in Germany for electric vehicles (EV), according to a company press release on 16 March 2021. The new cell in the 21700 format, called V4Drive, will be produced on a pilot line at the group's headquarters in Ellwangen, Baden-Württemberg in Germa...
    Autonomous vehicle startup Einride, SKF partner to test autonomous, electric transport in Sweden
    Global automotive bearings supplier SKF and Sweden-based tech firm Einride, have signed a pilot agreement to test the latter’s autonomous, electric truck for transporting goods on public roads between SKF’s factories in Gothenburg, Sweden, says a company press release on 16 March. Significanc...
    UK government commences work at hydrogen transport hub
    The UK government has unveiled the master plan for “the first-ever hydrogen transport hub,” and also announced the investment of USD4 million in funding, according to the company press release on 17 March. The hub is being built in Tees Valley and is expected to be fully operational by 2025. The...
    18-Mar-2021 News Investments
    UK hydrogen car startup Riversimple and Siemens sign MoU
    UK hydrogen car startup Riversimple has signed a wide-ranging Memorandum of Understanding (MOU) with Siemens UK to help it prepare for full-scale manufacture of its hydrogen electric vehicles (EVs), according to a Riversimple press release on 10 February 2021. Both companies have agreed to collabora...
    Goodyear, TNO collaborate to demonstrate connected tire technology
    The Goodyear Tire & Rubber Company and Dutch research organization TNO are joining hands to develop a demonstration vehicle that will test the consequences of connected tires communicating with the vehicle's control system, particularly the anti-lock brake system (ABS), according to a press rele...
    Freudenberg Sealing Technologies expands material testing capabilities in US
    Freudenberg Sealing Technologies has expanded its material testing capabilities to include performance and compatibility evaluations for materials used to seal and maintain lithium-ion (Li-ion) batteries, according to a company press release on 16 March. The company has installed advanced equipment ...
    17-Mar-2021 News Investments
    Volkswagen, bp to work together on expediting deployment of ultra-fast EV charging facilities across Europe
    Volkswagen and bp have announced that they intend to work together on extending and expediting the deployment of ultra-fast electric vehicle (EV) charging facilities at bp retail sites across the United Kingdom, Germany, and the rest of Europe, according to a company press release on 15 March. The a...
    DIVESTMENT: Mutares sells majority stake in STS Group to Adler Pelzer
    Mutares SE & Co.  has signed a share purchase agreement with Adler Pelzer Holding GmbH, a company of the Adler Pelzer Group, for the sale of its entire majority shareholding of 73.25% in STS Group AG, according to separate press releases by STS and Adler Pelzer on 11 March. Mutares expects ...
    Jaguar Land Rover’s cabin air purification technology prevents viruses and bacteria by up to 97%
    Jaguar Land Rover (JLR) announced that its future cabin air purification technology has been shown in laboratory tests to prevent viruses and airborne bacteria by as much as 97%, according to a company press release on 16 March 2021. The prototype heating, ventilation, and air conditioning (HVAC)...
    17-Mar-2021 News New Products
    Northvolt receives long-term EV battery supply order from Volkswagen worth over USD14 billion
    Sweden-based EV battery startup Northolt has received a USD14 billion order for supply of premium battery cells to Volkswagen Group in Europe over the next 10 years, according to a company press release on 15 March. In order to accommodate this supply order, Northvolt will expand its gigafactory in ...
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