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    Sales of electrically chargeable vehicle in UK grow 93.8% y/y to 9,014 units in November
    Sales of electrically chargeable vehicles, which includes battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), has witnessed a growth of 93.8% year on year (y/y) to 9,014 units in November, according to figures released by the Society of Motor Manufacturers and Traders (SMM...
    Volkswagen reveals details about new battery system for MEB-based EVs
    In a press release dated 5 December, Volkswagen (VW) has revealed details about its new high-voltage battery systems for all electric vehicles (EVs) built on the modular electric drive matrix (MEB) platform in the Volkswagen Group. The system will be launched in the ID.3 all-electric hatchback, whic...
    06-Dec-2019 News New Products
    BMW drops plan to charge subscription fee for Apple CarPlay
    BMW has decided to remove the subscription fees for Apple CarPlay in vehicles in the United States and the United Kingdom, according to a report by Autocar Professional on 5 December. According to the report, UK cars running BMW's latest operating system for its infotainment system will offer acc...
    Trelleborg reorganizes business segments to enhance profitability
    Sweden-based Trelleborg has announced that the company is implementing organizational changes to focus on select segments aimed at improving profitability, according to a company press release on 4 December. In the new organization, Trelleborg will consist of three business areas in place of the exi...
    AIWAYS starts production of European-spec U5 electric SUV in China
    Chinese electric vehicle (EV) start-up AIWAYS has started production of all-electric sport utility vehicle (SUV) U5 for the European market, reports news website AutoMobilSport.com. The vehicle is being manufactured at AIWAYS’s plant in Shangrao in China. “This is a very important milestone for ...
    05-Dec-2019 News New Products
    Mobileye maps 28,000 miles of roads in Barcelona to enhance safety
    As a part of its Autonomous Ready initiative to enhance the safety of streets, Mobileye collects data from 28,000 miles of Barcelona’s streets, the company said in a press release on 3 December. 400 vehicles were equipped with Mobileye 8 Connect retrofit advanced driving assistance system (ADAS). ...
    ABB supplying EV fast charger to Vattenfall in Sweden
    ABB is set to supply its DC 50kW Terra fast electric vehicle (EV) chargers to Vattenfall in Sweden, the company announced in a press release on 27 November. The chargers will be installed in 40 EV charging stations by Vattenfall across the country. “For e-mobility to flourish, drivers need fast-ch...
    French EV maker Goupil Industrie unveils all-electric LCV G6
    French electric  vehicle (EV) maker Groupil Industrie has unveiled an all-electric light commercial vehicle (LCV) ‘G6’ at the Solutrans trade fair in Lyon, France, Eco-Mobiliteit BV announced on its website. The Goupil G6 will have lithium batteries with a capacity of 15 or 30 kWh, and is e...
    04-Dec-2019 News New Products
    Schaeffler partners with ABT to electrify LCVs
    Schaeffler has partnered with ABT e-Line GmbH to electrify light commercial vehicles (LCV) weighing up to 3.5 tons, the company announced in a press release on 3 December. ABT will contribute its implementation expertise and flexibility in vehicle retrofitting, whereas Schaeffler will contribute its...
    Rimac to source battery management system IC from Analog Devices
    Electric vehicle (EV) start-up Rimac has selected Analog Devices (ADI) to source precision battery management system (BMS) integrated circuits (ICs), Analog Devices announced in a press release on 2 December. Rimac will adopt the Analog ADI’s portfolio of battery management ICs across its complete...
    MY2020 Toyota Corolla to be available only as a hybrid in UK
    The Toyota Corolla range has been revised for the 2020 model year.  The most important development is that the car will only be available as a hybrid in the United Kingdom from next year onwards. The Japanese car maker issued a press release on December 3rd confirming the same, and mentioned th...
    03-Dec-2019 News New Products
    BMW invests USD443 million to upgrade Dingolfing facility in Germany
    German auto maker BMW has announced its decision to invest approximately EUR400 million (nearly USD443 million) in its vehicle manufacturing facility located in Dingolfing, Germany. According to a press release dated 2nd December, the investment is to upgrade the plant ahead of the company’s produ...
    03-Dec-2019 News Investments
    HORIBA FuelCon to expand plant in Germany
    HORIBA FuelCon is planning to expand its plant in Technologiepark Ostfalen in Germany, Invest in Saxony-Anhalt announced in a press release on 26 November. The company will add a new building which is scheduled to be inaugurated at the end of 2021 and will create around 250 new jobs. Under the proje...
    03-Dec-2019 News Investments
    France proposes new initiatives to help automakers meet CO2 emission norms
    France has proposed new initiatives to support the automakers to meet the tightening CO2 emission norms for cars, Reuters reported on 2 December, citing Finance Minister Bruno Le Maire. The government is planning to create two funds of EUR25 million (USD28 million) each to help the sector deal with ...
    Umicore acquires cobalt refining and cathode precursor activities in Finland from Freeport Cobalt
    Umicocre has acquired the cobalt refining and cathode precursor activities from Freeport Cobalt in Finland, the company announced in a press release on 2 December. Umicore has invested USD203 million on a debt and cash free basis, including approximately USD50 million of net working capital. Umicore...
    GOFAST opens new HPC station in Switzerland
    Electric vehicle (EV) charging company GOFAST has opened a new EV high-power charging (HPC) station at Würenlos shopping rest stop on the A1 in Switzerland, the company announced in a press release on 2 December. The site has 20 chargers, up to 300 kilowatts of charging capacity and the ability to ...
    Forecasting the implications of Euro 7 on powertrain technologies
    Introduction Governments around the world are beginning a substantial push towards a clean, zero-emissions society. While there are unquestionably challenges and obstacles to overcome in making this happen, the automotive industry is already showing its commitment to playing its part. Global t...
    Citroën plans to offer electric version of C4 Cactus next year
    Citroën is planning to offer an electric version of updated C4 Cactus next year, Automotive News Europe reported on 28 November, citing Citroën CEO Linda Jackson. According to the report, the electric variant of the C4 Cactus replacement will be Citroën's first mass-market electric vehicle (EV). ...
    02-Dec-2019 News New Products
    Audi to spend USD13.2 billion on electromobility by 2024
    Audi has accelerated its investment plans and is now planning to invest EUR12 billion (USD13.2 billion) in electromobility between 2020 and 2024, the company announced in a press release on 29 November. In total, Audi has announced EUR37 billion in investments towards research and development (R&...
    02-Dec-2019 News Investments
    Vodafone Italia demonstrates 5G use cases for automotive applications
    Vodafone Italia has showcased four new 5G projects in the automotive sector along with assisted driving solutions on the 5G network, a company press release showed. Vodafone demonstrated the development of adaptive cruise control systems and information sharing on the road ecosystem around the ve...
    Freudenberg to acquire materials company Filc
    German technology company Freudenberg has signed an agreement to fully acquire materials company Filc, the company announced in a press release on 27 November. Filc is a manufacturer of needle punch nonwoven textiles and laminated materials, with a focus on the automotive and construction industries...
    SEAT announces V2I communication project in Barcelona
    SEAT has announced a project in collaboration with the Spanish Traffic Authority, the Barcelona City Council, and Electronic Trafic (ETRA). The project connects vehicles with traffic lights and the traffic control center, which enables drivers to anticipate the status of traffic lights. In a...
    Northvolt aims to triple battery manufacturing capacity by 2030
    Swedish battery manufacturer Northvolt is aiming to triple its battery manufacturing capacity by 2030 as compared with its current plans, Reuters reported on 26 November, citing Peter Carlsson, CEO of Northvolt. Northvolt is planning to have a capacity of about 150 gigawatt-hours (GWh) of batte...
    EVBox opens upgraded EV charger plant in France
    EVBox has reopened its upgraded electric vehicle (EV) charger manufacturing plant in Bordeaux, France. With the renovated facility, EVBox will be able to increase production of its fast and ultrafast chargers up to 450 units per month by 2020 and add 80 to 100 jobs. "Our industry is gro...
    29-Nov-2019 News Investments
    Audi unveils new RS Q8 with 48-volt mild-hybrid powertrain
    Audi has unveiled its new RS Q8 sport utility vehicle (SUV) with a 48-volt mild-hybrid (MHEV) powertrain, the company announced in a press release on 27 November. The car is equipped with a 4L V8 engine, which generates 441 kW and 800 N.m torque. The new RS Q8 will be launched in Germany and other E...
    29-Nov-2019 News New Products
    Yanfeng Automotive Interiors opens new plant in Serbia
    Yanfeng Automotive Interiors (YFAI), a major supplier of automotive interiors, has opened opening a new plant in the Šumadija district in Serbia, according to a company press release on 28 November. The new plant is expected to create 800 jobs over the next few years. “With this new plant in S...
    OSRAM to introduce new LED rear lighting at the Essen Motor Show
    OSRAM will introduce its new LED rear lighting at the Essen Motor Show 2019, scheduled to be held from 30 November to 8 December, according to a company press release on 28 November. At the show, the German company will showcase front and rear lighting LED solutions. The company has develope...
    European Commission clears acquisition of Cattierite by Umicore
    European Commission (EC) has approved Umicore’s acquisition of the Netherlands-based Cattierite Holdings Coöperatief, the EC announced on its website on 26 November. The Commission concluded that the proposed acquisition would raise no competition concerns because of the companies' limited market...
    Northvolt partners with Mälarenergi for EV charging system in Sweden
    Northvolt has partnered with Swedish power provider Mälarenergi to establish a battery energy storage system at an electric vehicle charging station in Västerås, Sweden, the company announced in a press release on 26 November. The battery system will provide power output up to 220 kW and a usable...
    Moscow City Council adopts law to exempt EVs from transport tax
    Moscow City Council has decided to exempt electric vehicles (EV) from transport tax, news website RusAutoNews reported on 23 November. The newly adopted law will remain in effect  until the end of 2024. Significance: The new law has been introduced to Moscow City Council by the mayor of the ...
    ARC Europe partners with HERE Mobility to offer MaaS solutions
    ARC Europe and HERE Mobility have announced a partnership to offer Mobility as a Service (MaaS) solutions in the context of roadside assistance, the companies said in a press release on 25 November. The objective of the collaboration is to issue personalized digital MaaS solutions in order to kee...
    Toyoda Gosei to restructure European operations
    Toyoda Gosei Co Ltd. has decided to transfer its entire ownership stake in Toyoda Gosei Meteor (TGM), its production subsidiary in Germany, to SCUR-Alpha 1123 GmbH, an affiliate of a German business fund, the Japanese supplier said in a press release on 22 November. Upon completion of this tran...
    Solvay, Penso develop technologies to create multi-material BIW structure suited for large production volume
    Solvay, in collaboration with Penso, has successfully developed the composite design, material and manufacturing technologies required to create a modular, multi-material body-in-white (BIW) structure suited for large production volume, Solvay announced in a press release on 21 November. The two com...
    Faurecia and Michelin launch fuel-cell JV Symbio
    Faurecia and Michelin have formalized their fuel-cell 50:50 joint venture (JV) ‘Symbio’, Faurecia announced in a press release on 21 November. The JV will develop, produce and market hydrogen fuel cell systems for light vehicles, commercial vehicles, and trucks as well as for other areas of elec...
    BMW awards battery cell contracts worth over USD11 billion
    BMW has awarded electric vehicle (EV) battery cell contracts of over EUR10 billion (USD11 billion) to China-based Contemporary Amperex Technology (CATL) and South Korea-based Samsung SDI, the company announced in a press release on 21 November. BMW has increased its previous order to CATL from EUR4 ...
    BMW invests over USD220 million in Austrian diesel engine development centre
    The BMW Group has announced that in 2019 alone, it will be investing over EUR200 million (more than USD220 million) in new diesel engines and test stands for the company’s electric drives at the engine development centre in Steyr, Austria. According to Fritz Steinparzer, the Head of diesel engi...
    22-Nov-2019 News Investments
    Valmet Automotive begins EV battery production in Finland
    Valmet Automotive has announced the start of production of automotive batteries at its new plant in Salo, Finland, the company said in a press release on 21 November. “The battery plant project has progressed on schedule, and with the ramp-up of production volumes, Valmet Automotive will continue ...
    Johnson Matthey reports 13.7% y/y decline in H1 net profit to USD216 million
    Johnson Matthey has reported a decline of 13.7% year on year (y/y) in its net profit to GBP176 million (USD216 million) for the first half ended 30 September 2019, according to a company press release on 21 November. Revenue for the six-month period totaled GBP6.8 billion, representing a growth of 3...
    Efacec to install 95 EV fast chargers in Germany
    The Portuguese charging station manufacturer Efacec will install 95 fast-charging stations in the German state of Baden-Württemberg, according to a company press release on 20 November. The project is funded by the German government and represents an investment of EUR1.5 million (USD1.6 million). E...
    Pirelli to supply OE tires for Aston Martin DBX SUV
    Pirelli is supplying three different tires as original equipment (OE) fitment for Aston Martin’s DBX sport utility vehicle (SUV), the Italian tire-maker said in a press release on 21 November 2019. The tire-maker is supplying the P Zero that offers good performance and handling, the Scorpion Zero ...
    Skoda Auto starts production of all-electric CITIGOe iV at Volkswagen plant in Slovakia
    Škoda Auto has started the production of all-electric CITIGOe iV at the Volkswagen (VW) plant in Bratislava, Slovakia, the company announced in a press release on 20 November. The car is expected to be launched early next year. “The CITIGOᵉ iV’s start of production marks a new milestone ...
    21-Nov-2019 News New Products
    PSA opens new assembly line for electrified powertrains at Trémery plant in France
    Groupe PSA (PSA) has inaugurated a new assembly line for manufacturing electrified powertrains, including electric motors, transmissions, and associated electronic equipment at its Trémery plant in France, the company announced in a press release on 20 November. Designed for flexibility, ...
    21-Nov-2019 News Investments
    BMW officially partners with Hans Zimmer for developing sounds for EVs
    BMW has officially partnered with the famous music composer Hans Zimmer for developing BMW IconicSounds Electric, BMW’s new brand for creating sounds for electric vehicles (EVs), the company announced in a press release on 20 November. Zimmer and Vitale have now also revealed their most recent co-...
    Indorama Ventures completes acquisition of Sinterama
    Indorama Ventures, a global chemical producer, has successfully completed the acquisition of Sinterama S.p.A, an Italy-based producer of polyester automotive interiors and high-performance colored yarns, according to a company press release on 20 November 2019. Subsequent to the acquisition, Sintera...
    Magna to buy Wipac Czech to expand lighting capabilities
    Magna has agreed to acquire Wipac Czech s.r.o., a Czech Republic–based supplier of premium automotive lighting products, according to a company press release on 20 November. The transaction is expected to close by this month-end. Wipac Czech s.r.o. designs and develops automotive forward lighti...
    Automobili Pininfarina to showcase full-scale version of PURA Vision design concept in 2020
    Automobili Pininfarina is planning to showcase the full-scale version of the PURA Vision design concept in North America in the second half of 2020, the company announced in a press release on 19 November. The concept was showcased at a private briefing in Los Angeles ahead of the 2019 Los Angeles A...
    20-Nov-2019 News New Products
    Audi unveils e-tron Sportback SUV coupé
    Audi unveiled on 20 November its all-electric e-tron Sportback sport utility vehicle (SUV) coupé. The new SUV coupé two-motor system generates 265 kW of power and 561 Nm of torque. Equipped with a 95 kWh battery, e-tron Sportback 55 quattro has a range of up to 446 km (277.1 miles) as pe...
    20-Nov-2019 News New Products
    HELLA unveils new high-resolution lighting system Digital Light SSL | HD
    HELLA has developed a new high-resolution lighting system Digital Light SSL | HD, the lighting and electronics supplier said on 19 November. HELLA explained that more than 30,000 pixels can be controlled intelligently and individually, bringing about several new safety functions such as optical...
    20-Nov-2019 News New Products
    Continental to supply tires for Volkswagen ID.3
    Continental Tire will supply the tires for Volkswagen’s new all-electric hatchback ‘ID.3’, according to a report by Tyre Press on 15 November. The company will supply summer and winter OE tires for 18- and 19-inch rims – the EcoContact 6 summer tire and the WinterContact TS 850 P winter tire...
    Volkswagen to start production of ID.3 at Dresden plant from fall 2020
    Volkswagen (VW) has announced that it will start production of its upcoming all-electric hatchback ID.3 at its Gläserne Manufaktur plant in Dresden, Germany, from 2020, according to a company press release on 18 November. “The decision to bring the ID. family to Dresden lays a solid foundation fo...
    Morris Commercial unveils all-electric Morris JE van
    UK-based automaker Morris Commercial has unveiled its all-new, all-electric van ‘Morris JE’, the company announced in a press release on 13 November. The van is expected to have a range of 200 miles (322 kilometers). The van is expected to enter production in 2021 and is set to be priced around ...
    19-Nov-2019 News New Products
    BMW to launch all-electric i4 in 2021
    BMW is set to launch its all-electric midsegment sedan i4 in 2021, the company announced in a press release on 18 November 2019. The i4 will be equipped with BMW’s fifth-generation eDrive technology, which includes an 80 kWh newly designed high-voltage battery, which will give the i4 a range ...
    19-Nov-2019 News New Products
    Fraunhofer IWS to develop thin-film electrodes for EV batteries
    The Fraunhofer Institute for Material and Beam Technology IWS, along with researchers from TU Dresden and Leibniz, have  started development of innovative battery electrodes comprising ultrathin silicon or lithium layers, Fraunhofer IWS announced in a  press release on 11 November. Th...
    Jaguar partners with smart charging platform Jedlix
    Jaguar is partnering with Smart Charging platform Jedlix, the Netherlands-based company specializing in smart charging solutions for electric vehicles (EVs), Jedlix announced in a press release on 18 November. The partnership will enable the Jaguar I-PACE to Smart Charge on the Jedlix platform ...
    BMW opens new battery cell competence center in Germany
    BMW has opened a new battery cell competence center in Germany, the company announced in a press  release on 14 November. BMW will use the center to advance battery cell technology and carefully dissect the production processes. The BMW Group is investing a total of EUR200 million in the Compet...
    18-Nov-2019 News Investments
    Renault develops a new fabric from recycled materials for new ZOE
    Renault, along with Les Filatures du Parc and Adient Fabrics, has co-developed a new fabric entirely from recycled materials for the new Zoe, the company announced in a press release on 14 November. The textile product is made from safety belts, textile scraps, and plastic bottle recycling. The mate...
    18-Nov-2019 News New Products
    Volkswagen plans to invest EUR60 billion in e-mobility, hybridization, and digitalization over next five years
    Volkswagen (VW) is planning to invest EUR60 billion (USD66 billion) in e-mobility, hybridization, and digitalization over the next five years, the company announced in a press release on 15 November. Around EUR33 billion will be invested in electric mobility and the rest, EUR27 billion, in hybr...
    18-Nov-2019 News Investments
    Autoliv develops new front center airbag that prevents passengers from colliding
    Autoliv, Inc. has developed a new front center airbag to prevent passengers in side-impact crash situations, the Swedish supplier said on 18 November. The company explained that the new inboard seat mounted airbag deploys in the space between the driver and the front-seat passenger, providing p...
    18-Nov-2019 News New Products
    Henkel's Q3 net income falls 9.4% y/y to USD671.5 million
    Henkel has reported a fall of 9.4% year-on-year (y/y) in its net income to EUR556 million (USD671.5 million) for the third quarter ended 30 September, according to a company press release on 14 November. Net sales during the quarter dropped marginally by 0.8% y/y to EUR5.07 billion, while EBIT ...
    Allego to install 55 EV charging stations in Scandinavian countries
    Electric vehicle (EV) charging infrastructure company Allego plans to install 55 EV charging stations in Scandinavian countries, according to a company press release on 7 November. The company intends to install high-power chargers (HPC) of up to 350 kW in about 55 sites in Finland, Norway, and Swed...
    TomTom, University of Amsterdam open research lab to develop AI-based HD maps for self-driving vehicles
    Location technology specialist TomTom and the University of Amsterdam (UvA) announced on 14 November the launch of a new public-private research lab called Atlas Lab. Atlas Lab will work on using artificial intelligence (AI) for making advanced, highly accurate, and safe high-definition...
    Skoda sets up new EV charger pilot with flywheel technology in Czech Republic
    Škoda Auto, in partnership with Chakratec and PRE, has set up a new electric vehicle (EV) charger pilot based on flywheel technology in Prague, Czech Republic, Škoda announced in a press release on 14 November. The charger is based on kinetic flywheel technology and provides twice as muc...
    ZF and Danfoss expand partnership for silicon and silicon carbide power modules
    ZF and Danfoss have expanded their existing partnership to work on silicon and silicon carbide power modules, ZF announced in a press release on 14 November. The two companies will engage in joint research and development, with Danfoss also supplying power modules for silicon applications. As p...
    Tesla plans to set up EV manufacturing plant in German city Berlin
    Tesla has selected German city Berlin to set up its European gigafactory, Tesla founder and CEO Elon Musk announced on Twitter on 13 November. Musk said that the gigafactory will be used to manufacture Tesla’s upcoming Model Y, batteries, powertrains, and other vehicles. However, more details abou...
    Vibracoustic develops innovative steering column decoupling
    Vibracoustic, a supplier of automotive noise, vibration, and harshness (NVH) solutions, has developed an innovative steering column bushing, the company said in a press release on 12 November. The new solution helps prevent unwanted vibrations in the steering wheel. Significance: The new steering...
    14-Nov-2019 News New Products
    Hella develops new LED modular worklight series
    Hella has developed a new LED modular worklight series ‘Modular Worklight,’ for automotive applications, the Germany-based company announced in a press release on 11 November. Hella said Modular Worklight’s design has been adapted to the modular lamp series "Shapeline". Modular Worklight is av...
    13-Nov-2019 News New Products
    Osram recommends shareholders accept current takeover offer from ams
    Osram has announced that it has concluded a comprehensive business combination agreement (BCA) with Austrian sensor firm ams and recommends its shareholders accept the current takeover offer from ams, the two companies said in separate press releases on 12 November. “ams welcomes the positive reco...
    Osram reports EUR343 million net loss for FY 2019
    Osram has reported a net loss of EUR405 million (USD442.9 million) for the fiscal year ended 30 September 2019, compared with a net profit of EUR137 million in the previous fiscal year, according to a press release on 12 November. Revenue for the year declined 8.5% year on year (y/y) to EUR3.5 billi...
    Council of the European Union to mandate presence of advanced safety systems in automobiles by mid 2022
    The Council of the European Union voted to adopt regulations to mandate the presence of advanced safety systems in automobiles by mid 2022, according to a press release on 11 November. The new rules state that all motor vehicles (including trucks, buses, vans, and sport utility vehicles) wil...
    Volvo to trace source of cobalt used in EV batteries
    Volvo Cars is planning to implement global traceability of cobalt used in its batteries using blockchain technology, the company announced in a press release on 6 November. Volvo Cars has now reached an agreement with its two global battery suppliers, Contemporary Amperex Technologies (CATL) of Chin...
    Peugeot to offer electric version of Expert van
    Peugeot is planning to offer an electric version of its Expert van, the company announced in a press release on 7 November. The van will come in two variants, one with a range of 200 kilometers and the other with 300 kilometers, as per world harmonized light-duty vehicles test procedure (WLTP). S...
    12-Nov-2019 News New Products
    Borealis’ Q3 net profit slips 25.8% y/y to USD226.4 million
    Borealis’s net profit declined 25.8% year on year (y/y) to EUR207 million (USD226.4 million) in the third quarter ended 30 September 2019, the Austria-based company said in a press release on 4 November. The company reported net sales of EUR1.9 billion, down 3.9% y/y. In the third quarter of 2019,...
    Sales of electrically chargeable vehicles in EU grow 51.8% y/y, to 110,630 units, in Q3
    Sales of electrically chargeable vehicles (ECVs) jumped 51.8% year on year (y/y), to 110,630 units, in the European Union (EU) during the third quarter ended 30 September 2019, the European Automobile Manufacturers Association (ACEA) announced in a press release on 7 November. During the quarter, EC...
    Germany plans to increase purchase subsidies for EVs
    Germany plans to offer higher subsidies for purchase of an electric vehicle (EV) from 2020 onwards, Automotive News Europe reported on 5 November. Incentives for EVs priced up to EUR40,000 (USD44,650) will be raised by half, to as much as EUR6,000. For plug-in hybrid vehicles, the subsidy will ...
    MAHLE develops new 48V battery for mild hybrids
    MAHLE has developed a new 48V battery for use in mild hybrid vehicles, the company announced in a press release on 7 November. MAHLE has presented the prototype of the 48V battery, which is based on lithium-titanate-oxide (LTO) chemistry. Testing of the first prototype is underway to verif...
    08-Nov-2019 News New Products
    Citroën to launch plug-in hybrid C5 Aircross SUV Hybrid in mid-2020
    PSA Groupe’s Citroën brand will launch a plug-in hybrid variant of C5 Aircross sport utility vehicle (SUV)—C5 Aircross Hybrid—in mid-2020, the automaker announced in a press release on 6 November. The vehicle was first revealed as a concept at last year’s Paris motor show. The petrol-electr...
    ArcelorMittal’s Q3 sales fall 10.1% y/y to USD16.6 billion
    ArcelorMittal has reported a 10.2% year-on-year (y/y) decline in sales to USD16.6 million for the third quarter ended 30 September 2019, according to a company press release on 7 November. The company posted a net loss of USD539 million for the period, compared with a net profit of USD899 million in...
    ams announces start of acceptance period for new takeover offer for Osram
    Austrian sensor specialist ams has announced the start of acceptance period of an all-cash takeover offer for 100% of the share capital of Osram Licht AG at EUR41 per share, ams said in a press release on 7 November. Following clearance of the offer document, Osram shareholders are now able to tende...
    ElringKlinger's Q3 revenue grows 6.3% y/y to USD478.5 million
    ElringKlinger reported a growth of 6.3% year on year (y/y) in its revenue to EUR431.9 million (USD478.5 million) for the third quarter ended 30 September 2019, according to a company press release on 6 November. Net income for the quarter fell 38% y/y to EUR6.7 million. EBIT also reduced by 11.4% y/...
    British city Brighton to install more than 200 new EV charging points
    British city Brighton is planning to install around 207 new electric vehicle (EV) charging points in the next few months, Brighton & Hove City Council announced in a press release on 30 October. Following a tender process, the council appointed Electric Blue to install and maintain the electric ...
    German government partners with H2 Mobility to expand hydrogen refueling infrastructure
    Germany’s  Federal Ministry of Transport and Digital Infrastructure (BMVI) and H2 Mobility have signed a memorandum of understanding (MOU) to further expand hydrogen refueling stations in the country, H2 Mobility announced in a press release on 5 November. Under the agreement, the hydrogen fi...
    Schaeffler CFO Dietmar Heinrich to retire in July 2020
    Schaeffler’s chief financial officer (CFO) Dietmar Heinrich will retire on 31 July 2020, according to a company press release on 5 November. The company will announce a successor in due course. Heinrich began his professional career in October 1990 at Alfred Kärcher GmbH & Co. KG, where he...
    O2 signs agreement with Smart Mobility Living Lab to provide 5G connectivity for connected and autonomous vehicles testing
    O2 has signed an agreement to provide 5G connectivity for the testing of connected and autonomous vehicles in the Smart Mobility Living Lab (SMLL) in London, the telecoms services provider said in a press release on 4 November. O2’s 3.4GHz 5G-ready spectrum will allow OEMs, and autonomous/ADAS ...
    Schaeffler’s Q3 revenue increases 2.6% y/y to USD3.9 billion
    Schaeffler has reported a growth of 2.6% year on year (y/y) in its revenue to EUR3.6 billion (USD3.9 billion) during the third quarter ended 30 September 2019. Net income during the quarter, however, declined 17.1% y/y to EUR212 million. EBIT also fell 17% y/y to EUR312 million.  Sales in Au...
    ZF partners with Cree to develop advanced electric drive for EVs
    ZF has partnered with Cree to develop advanced electric drivelines for electric cars, the company announced in a press release on 5 November. The two companies will develop a new electric powertrain with silicon carbide-based inverter. ZF expects to make silicon carbide electric drivelines available...
    Opel plans to launch electric version of Vivaro in 2020
    Opel has announced that it plans to launch the electric version of Vivaro van in 2020, according to a company press release on 5 November. The van will be made available with two battery sizes. Customers will be able to choose from a 50kWh battery for a range of up to 200 kilometres or a 75kWh batte...
    06-Nov-2019 News New Products
    BMW plans to install 4,100 charging points in Germany by 2021
    BMW is planning to install 4,100 charging points at its locations in Germany by 2021, the company announced in a press release on 5 November. The new charging infrastructure enables BMW Group employees to charge their cars conveniently at their workplace. Around half of the charging points will also...
    Spirent, Midlands Future Mobility collaborate for commercial use case testing of 5G network
    Spirent Communications has announced an expansion of its collaboration with the Warwick Manufacturing Group (WMG) at the University of Warwick via the Midlands Future Mobility (MFM) initiative in the UK, the company said in a press release on 31 October. MFM and Spirent will deploy 5G digital twi...
    Autoneum develops new material Hybrid-Acoustics PET
    Autoneum has developed Hybrid-Acoustics PET to be used in an engine bay for better noise insulation, the company announced in a press release today (5 November). Components made using Hybrid-Acoustics PET can be used in both electric vehicles and combustion engine vehicles. Autoneum informed that st...
    05-Nov-2019 News New Products
    Volkswagen starts production of all-electric ID.3 at Zwickau plant in Germany
    Volkswagen (VW) has started the production of its all-electric model ID.3 at its Zwickau plant in Germany, the company announced in a press release on 4 November. The Zwickau plant is set to produce around 100,000 electric models next year. From 2021, up to 330,000 electric vehicles will leave the a...
    Citroën plans to electrify entire LCV range by 2025
    Citroën is planning to electrify its entire light commercial vehicle (LCV) range by 2025, the company announced in a press release on 31 October. The brand will have 100% of its range electric. By 2021, Citroën will offer an electrified version of each of its compact vans by 20...
    Electric car sales in Norway fall 16.9% y/y, to 3,742 units, in October
    Electric car sales in Norway fell 16.9% year on year (y/y), to 3,742 units, in October, according to OFV, which cited data from the Norwegian Public Roads Administration. Zero-emission cars constituted 35.7% of Norway’s total car market in October, compared with 38.6% in the same month last y...
    Gestamp’s Q3 revenues increase 8.7% y/y to USD2.2 billion
    Gestamp has reported a growth of 8.7% year on year (y/y) in its revenues to EUR2 billion (USD2.2 billion) in the third quarter ended 30 September, according to a company press release on 31 October. Net income during the quarter, however, witnessed a fall of 10% y/y to EUR28 million. Revenues at con...
    Western European countries continue to dominate EV sales in EU
    In a press release dated 29 October, the European Automobile Manufacturers Association (ACEA) said that sales of alternatively powered vehicles are following a highly uneven pattern across European Union (EU) member states. According to ACEA findings, consumer uptake of electrically chargeable cars ...
    Germany aims to have one million EV charging points by 2030
    Germany is aiming to have one million electric vehicle (EV) charging points installed in the country by 2030, Reuters reported on 3 November citing a video message German chancellor Angela Merkel. “For this [speeding shift to low-emission battery-powered vehicles] purpose, we want to cre...
    Ford extends plug-in hybrid van trials to Cologne in Germany
    Ford has expanded the trials of its plug-in hybrid van (PHEV), the Transit Custom Plug-In Hybrid, to the city of Cologne in Germany, the company recently announced. Working with five municipal fleets and Cologne, nine Ford Transit Custom PHEV and one Tourneo Custom Plug-In Hybrid people-mover w...
    Umicore to supply NMC cathode materials to Samsung SDI
    Umicore has signed a multi-year strategic agreement with Samsung SDI to supply high-performance NMC (nickel manganese cobalt) cathode materials, the company announced in a press release on 24 October. Umicore will supply 80,000 metric tonnes of NMC cathode material from its plants in different regio...
    Magna wins multi-year supply order for transmissions technologies from BMW
    Magna has won a multi-year order from BMW to supply transmission technologies, the Canadian supplier announced in a press release on 30 October. The contract includes all front-wheel drive dual-clutch transmissions, including hybrid transmission variants. The transmissions will be produced at Magna ...
    Nokian Tyres’ Q3 net profit declines 21.6% y/y to USD55.8 million
    Finnish tire-maker Nokian Tires has reported a 21.6% year-on-year (y/y) decline in net income to EUR51.1 million (USD55.8 million) for the third quarter ended 30 September 2019, according to a company press release on 30 October. Net sales for the period were up marginally by 0.1% y/y to EUR357.3 mi...
    Brose to set up new plant for electric motors and drives in Serbia
    Brose is planning to open a new plant in Serbia to manufacture electric motors and drives, the company announced in a press release on 25 October. Brose will invest EUR180 millions (USD200 million) in the plant, which is expected to create 1,100 new jobs in production, development and administration...
    30-Oct-2019 News Investments
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