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    Major revision for global light vehicle production forecast – what it means for OEMs’ technology deployment
    The IHS Markit light vehicle production forecast has been cut by 6.2% or 5.02 million units in 2021, and by 9.3% or 8.45 million units in 2022, to stand at 75.8 million units and 82.6 million units, respectively. For 2023, we have reduced the forecast by 1.05 million units or 1.1% to 92 million unit...
    What Fit for 55 means for all member nations in the European Union
    Unveiling a roadmap to make Europe the world’s first climate neutral continent by 2050, the European Commission rolled out the ‘Fit for 55’ package on 14 July 2021, proposing that the suggestions made by the governing body be made legally binding for all members of the European Union (EU). ...
    19-Aug-2021 Insights Policy & Regulation Pinned
    Solvay to develop next-gen solid-state battery electrolytes using EU funding
    Belgian chemical company Solvay announced via press release on 19th October that it had started developing the next generation of solid-state electrolytes for electric vehicle (EV) batteries using funding provided by the EU Important Projects of Common European Interest (IPCEI) programme. Accordi...
    Honda presents autonomous driving technology at ITS World Congress
    According to an official press release dated 11 October, Honda will demonstrate self-driving technology as part of the L3Pilot automated driving project at the ITS World Congress 2021. The EU-led initiative, a collaboration of 34 partners from 12 countries, is evaluating the viability of SAE Level 3...
    13-Oct-2021 News New Products
    EU funded project L3Pilot presents automated driving functions in Hamburg
    According to an official press release, the European research project L3Pilot, led by Volkswagen AG and cofunded by the European Commission, will demonstrate automated driving functions in Hamburg and on nearby highways. The L3Pilot partners will present the results of a four-year collaborative e...
    AUTOCRYPT to present V2X security solution at ITS World Congress 2021
    According to a press release published on PR Newswire on 8 October, AUTOCRYPT, a leading mobility security solutions provider, has announced its participation in the ITS World Congress 2021 event, which will be held from 11 to 15 October 2021. The ITS World Congress is one of the largest events focu...
    Vortex and Cepton partner to enable V2I solutions with smart lidar and AI
    According to a press release published on Business Wire on 5 October, Cepton Technologies and Vortex IoT, a UK-based Internet of Things (IoT) solutions company, have collaborated to transform UK buses into real-time road inspection tools, enabling a lidar-based vehicle to infrastructure (V2I) soluti...
    Germany autonomous vehicle development advancing at lightning speed
    The Bundestag, Germany's lower house, approved a new autonomous driving law in May, allowing shuttle services as well as services that involve dual-mode vehicles with automated valet parking. With the implementation of the new law, Germany has opened its doors—and its roads—to a bright autono...
    Automakers and suppliers to reinvent supply chain amid chip shortage
    Despite chip plants effectively running on full capacity, the global chip-shortage crisis may not be resolved next year, warned executives from German automotive companies during the IAA Mobility 2021 show in Munich. Top executives from several companies have publicly stated that they do not know...
    Ford develops new RoadSafe concept to alert drivers to higher risk locations
    Ford has developed a new ‘RoadSafe’ concept to help alert drivers of higher risk locations and offer insights for safety, the American automaker said in a press release on 22 September. RoadSafe uses a smart algorithm for data from connected vehicles, roadside sensors and accident reports to loc...
    28-Sep-2021 News New Products
    Sensible 4 plans autonomous public transport service in Northern Norway
    Sensible 4 announced on 21 September that it has partnered with Norway's Mobility Forus to deliver a new autonomous public transportation service north of the Arctic Circle. “Self-driving fleet operation on public streets in urban areas is challenging for any autonomous technology. Doing it in ...
    EU court adviser finds VW 'temperature window' software is broadly illegal
    According to a Reuters press release dated 23 September, software used by Volkswagen AG to alter pollutant emissions based on temperature and altitude is illegal unless it prevents potentially dangerous sudden engine damage, an adviser to the European Union's top court said on Thursday. If confir...
    BMWi to fund LSP GmbH's innovative braking systems project
    German electromechanical systems specialist LSP GmbH announced via its website in August that the German Federal Ministry for Economic Affairs and Energy (BMWi) had agreed to fund its IBS braking systems project with a six-figure sum over a 21-month duration. According to the announcement, the IB...
    27-Sep-2021 News Investments
    Polestar opens first independent R&D center in UK
    Swedish premium electric performance vehicle manufacturer Polestar announced via press release on 14 September that it will be opening a new R&D center at the MIRA Technology Park in the UK’s Midlands. According to the press release, the 250-strong team at the UK facility will be worki...
    24-Sep-2021 News Investments
    Mahle Powertrain's Northampton emissions test center gets ISO accreditation
    Engineering services division of MAHLE GmbH MAHLE Powertrain announced via press release on 15 September that its Real Driving Emissions (RDE) Centre in Northampton had been awarded with the ISO/IEC 17025:2017 accreditation for vehicle emission testing to latest Euro 6 standards. According t...
    Autonomous mobility start-up Wayve partners with Asda for autonomous van trial in London
    According to a Business Wire press release dated 21 September, UK-based autonomous mobility start-up Wayve has today announced a partnership with UK ‘big four' grocer Asda to trial autonomous delivery vans as part of the retailer's last mile operation. Alex Kendall, Wayve CEO, said: “Last mil...
    Stellantis takes part in C-Roads Italy project
    Stellantis has announced that Stellantis Group Research Center (CRF) has taken part in the “C-Roads Italy: C-ITS cooperative systems aimed at road mobility become a reality,” according to a 16 September press release. The project is in conjunction with the Italian Ministry of Infrastructure and ...
    Infineon opens high-tech chip factory for power electronics in Austria
    According to an official press release dated 17 September, Infineon Technologies has opened a EUR1.6 billion (USD1.9 billion) plant in Austria, increasing the German semiconductor company's ability to supply power chips for cars, data centers, and renewable energy generation. The Villach pla...
    GlobalFoundries expands manufacturing features for automotive and others
    GlobalFoundries announced a portfolio of new features that extend its solutions roadmap and accelerate the next wave of innovation in chip design for smart mobile devices, data center, internet of things (IoT), and automotive in an official press release dated 15 September. "This past 18 months h...
    20-Sep-2021 News Investments
    GF and Synopsys deliver new reference flows for GF 22FDX process: first automotive flow for ASIL-D Designs
    According to an official press release dated 15 September, GlobalFoundries has qualified two key Synopsys reference flows for its 22FDX process: Amazon Web Services (AWS) qualification of the Synopsys reference flow enables scalable execution of in-system test, implementation, verification, ti...
    CATL and BASF announce partnership on battery materials solutions
    Chinese battery manufacturer CATL announced via press release on 16th September that it will be partnering with German multinational chemical company BASF to develop a localized Li-ion battery supply chain and recycling network in Europe. According to the press release, CATL intends to use to imp...
    Europe plans a Chips Act to boost semiconductor sovereignty
    According to a press release on ET Auto dated 15 September, the European Commission announced plans for a new chipmaking "ecosystem" to keep the EU competitive and self-sufficient after a global semiconductor shortage showed the hazards of relying on Asian and US suppliers. "We will pre...
    Bridgestone and EVBox to set up EV charging network in Europe
    Japanese tire manufacturer Bridgestone announced via press release on 9 September that it will be partnering with Dutch EV supply equipment company EVBox to install up to 3,500 new charging ports across its European retail and service network over five years. According to the company, the in...
    Intel to spend USD90 billion on chip plants in Europe over next 10 years
    According to press release on TechRadar dated 7 September, Intel has revealed plans to build new chip-making facilities in Europe with an USD95 billion funding plan over the next decade to boost the region's chip capacity. The commitment, announced by company CEO Pat...
    13-Sep-2021 News Investments
    Russian tech company Yandex to tests self-driving taxi in Moscow
    According to press release on Reuters dated 8 September, Russian high-tech giant Yandex plans to begin testing self-driving cars in Moscow in 2021, allowing adventurous mascots to soon be able to travel parts of Moscow in driverless taxis. "The launch in Yasenevo is the first stage of a large Yan...
    Sensible 4, and Swiss Transit Lab test Level 4 autonomous shuttle in Switzerland
    Sensible 4 and Swiss Transit Lab have begun a new, long-term pilot in Switzerland with an electric Level 4 autonomous shuttle bus, according to an official press release dated 9 September. The first demonstration of the software and vehicle performance is currently taking place in Schaffhausen, Swit...
    IAA 2021: Mobileye and SIXT to launch robo-taxi service in Germany in 2022
    According to a Business Wire press release dated 8 September, Intel CEO Pat Gelsinger and SIXT SE co-CEO Alexander Sixt announced a collaboration at IAA Mobility to begin offering autonomous ride-hailing services in Munich beginning in 2022. Later this decade, the collaboration hopes to expand dr...
    Valeo to present multiple innovations at IAA Mobility 2021
    France-based automotive components supplier, Valeo, has announced that it will showcase six new innovations at the IAA Mobility 2021 event which begins today in Munich, Germany. According to a press release issued by Valeo on 6 September, the company stated that these innovations will span multiple ...
    07-Sep-2021 News New Products
    Surface Transforms switches manufacturing strategy to a plant-wide single production line
    British carbon-fiber-reinforced-ceramic brake discs manufacturer Surface Transforms announced via a press release on 2 September 2021 that it was changing its manufacturing strategy from building separate production cells to building a plant-wide “single production line”. The announcement follow...
    EKPO to showcase next-generation fuel cell stack platforms at IAA Mobility 2021
    EKPO Fuel Cell Technologies, the joint venture between ElringKlinger AG and Plastic Omnium, will present various next-generation fuel cell stack platforms featuring design and performance enhancements at IAA Mobility 2021. According to a press release issued by ElringKlinger on 2 September, the comp...
    06-Sep-2021 News New Products
    Startup Cepton to unveil automotive grade lidars at IAA Mobility and AutoSens
    According to a Business Wire press release dated 1 September, Cepton, an innovative provider of automotive lidar solutions, will participate in two trade shows in Europe in September to showcase its lidar technologies. Cepton will be present at IAA Mobility 2021 in Munich, Germany, (7–12 Septem...
    06-Sep-2021 News New Products
    Velodyne to present advanced handling solutions and software for intelligent transport systems
    According to a press release published on Business Wire on 4 September, Velodyne Lidar will showcase its innovative handle technologies at the IAA Mobility (Hall B3, booth A75) from 7–12 September in Munich. Velodyne will demonstrate its technological leadership and product portfolio in dealing wi...
    06-Sep-2021 News New Products
    NAVYA launches autonomous shuttle service in the UK
    According to a press release published on Business Wire on 2 September, Navya, a leading company in autonomous driving systems, announces its first public road deployment in the UK at the Harwell Science and Innovation Campus, a leading innovation center. Navya's shuttle will transport emplo...
    ŠKODA launches direct-to-vehicle delivery service of goods bought using Car Access
    ŠKODA has announced a direct-to-car delivery of products that was bought using its Car Access services, according to a press release by the automaker on 26 August. The feature will be available in the Czechia. The solution will use vehicle location and license plate as the delivery address. Cust...
    27-Aug-2021 News New Products
    UAZ Connect telematics services now available for private UAZ vehicle owners in Russia
    UAZ Connect will be offered to private owners of UAZ vehicles in Russia, Automotive News reported on 23 August. The telematics service was previously available only to owners of commercial vehicle fleets. Functionalities include remote connection to the car via the UAZ Connect mobile applica...
    Lynk & Co partners with Orange to offer “always on and connected” car in Europe
    Lynk & Co has launched its “always on and connected” car in Europe, using the internet of things (IoT) network and infrastructure from Orange Business Services, it said in a press release on 24 August. Each car will leverage Orange's IoT Managed Global Connectivity solution, which provides s...
    25-Aug-2021 News New Products
    Benteler signs agreement to sell two automotive plants to Fidelium Partners
    Germany-based automotive components supplier, Benteler, has announced that it has signed an agreement with Fidelium Partners to sell two of its automotive plants located in Tønder, Denmark and Louviers, France. According to a press release issued by Benteler on 23 August, the company stated that...
    EDF ties up with Nissan for V2G service in UK
    EDF, through its joint venture (JV) DREEV, has partnered with Nissan in the United Kingdom to launch a new charging service using vehicle-to-grid (V2G) technology, Green Car Congress reported on 2 August. The EDF V2G offer is available for fleet owners of Nissan’s LEAF and e-NV200 models. The...
    Volvo to halt manufacturing at Gothenburg, Sweden, plant due to chip shortage
    Swedish car maker Volvo Cars has stated that it will suspend production at its facility in Torslanda, on the outskirts of Gothenburg in Sweden, next week owing to the global shortage of semiconductor chips. According to a report filed by business news agency Reuters on 23 August, Volvo Car...
    Hyundai Mobis to showcase AI-controlled concept car for full autonomous driving at IAA Mobility 2021
    According to a press release on PR Newswire dated August 23, at IAA Mobility 2021 (7–12 September 2021), Hyundai Mobis, the world's seventh largest automotive supplier, will unveil the M.Vision X, an AI-included concept car for fully autonomous driving, in its European debut. The M.Vision X is an ...
    24-Aug-2021 News New Products
    Fortum, Valmet Automotive partner on sustainable recycling of battery materials
    Fortum and Valmet Automotive have entered into a cooperation to ensure the safe and sustainable recycling of all nonconforming battery materials from Valmet Automotive’s battery plants in Salo and Uusikaupunki in Finland. According to a press release issued by Fortum on 19 August, the recycli...
    NVIDIA's USD40 billion ARM acquisition deal to be investigated by UK regulators
    According to press release on The Economics Times dated 20 August, NVIDIA Corp's planned USD40 billion acquisition of British chip designer ARM is likely to be subject to a lengthy investigation after a UK regulator determined the deal would hit competition and weaken rivals. "We're concerne...
    British consortium to develop automotive solid-state battery technology
    A consortium of seven UK-based organizations has signed an MoU to develop prototype solid-state battery technology for automotive applications. According to a joint press release issued on 19 August, the MoU was signed between Johnson Matthey, Faraday Institution, Britishvolt, Oxford University, UK ...
    Bosch Group establishes R&D center for automotive electronics in Ireland
    According to an IDA Ireland press release dated 18 August, Bosch, a global supplier of technology and services, has announced the establishment of an Automotive Research and Development Centre in Limerick, which will create 30 jobs over the next two years. Limerick's activities will be focused on se...
    Kia unveils enhanced safety and convenience features for the EV6 electric crossover
    According to an official press release dated 18 August, the Kia EV6 electric crossover is equipped with Highway Driving Assist 2 (HDA 2), which can assist the driver in maintaining a set distance and speed from the vehicle ahead. Using radars strategically placed around the vehicle, the system as...
    20-Aug-2021 News New Products
    UK presents its first hydrogen strategy, targets production of 5GW of low-carbon hydrogen by 2030
    The UK Government has unveiled its first Hydrogen Strategy, aimed at developing a thriving low carbon hydrogen sector in the country. According to a publication by the UK Government dated 17 August, the country is targeting production numbers of 5 GW of low carbon hydrogen by the year 2030, in accor...
    Parkopedia collaborates with startup CarPay-Diem for in-vehicle payment services
    Parkopedia has announced a partnership with CarPay-Diem to expand upon its in-vehicle payment platform, the parking service provider said in a press release on 19 August. The new partnership expands the coverage of Parkopedia’s in-car fueling payment solution. The partnership will give Parkoped...
    Ford to redesign Niehl assembly plant in Germany to establish the Cologne Electrification Center
    Ford has commenced the initial construction work to transform its Niehl assembly plant in Cologne, Germany, into the new Cologne Electrification Center. According to a press release issued by Ford on 18 August, the company stated that this new facility will be used for the preparation of vehicle bod...
    19-Aug-2021 News Investments
    Schaeffler to present 800V power electronics, thermal management systems at IAA Mobility 2021
    Germany-based automotive and industrial components supplier, Schaeffler, will be presenting its new 800-volt power electronics system and a highly integrated thermal management system at the upcoming IAA Mobility 2021 event which will be held in Munich, Germany between 7–12 September. According to...
    17-Aug-2021 News New Products
    Continental to focus on automated driving
    According to a press release issued by Continental Mobility on 11 August, driver assistance systems and automated driving are gaining popularity worldwide. People in China and Japan, in particular, are already open to the benefits of automated driving, whereas people in Germany, France, and the Unit...
    Bosch to present multiple innovations at IAA Mobility 2021
    According to an official press release dated 10 August, Bosch will demonstrate the following solutions for personalized, automated, and connected mobility at IAA Mobility 2021 in Munich. Bosch offers a solution that connects users, vehicles, and their surroundings seamlessly, making driving more enj...
    11-Aug-2021 News New Products
    Bosch to unveil new e-mobility tech at IAA Mobility 2021 in Munich, Germany
    Germany-based components and systems supplier, Bosch, will unveil a wide portfolio of electromobility technologies at the upcoming IAA Mobility 2021 event, which will be held in Munich, Germany in September. According to a press release issued by Bosch on 10 August, the company will also be presenti...
    11-Aug-2021 News New Products
    South Korean AI startup Aimmo opens European office at MIRA, UK
    According to a press release dated 2 August, AIMMO, a provider of AI data labelling solutions, is launching in Europe with a new office in the continent's leading mobility research and development campus, the MIRA Technology Park. “The AI industry continues to change rapidly with a greater need...
    Kongsberg Automotive Q2 2021 revenue climbs 92.6% y/y to USD350.8 million
    Norwegian automotive components supplier, Kongsberg Automotive, has announced its financial results for the second quarter of fiscal year 2021. According to a press release issued by Kongsberg on 30 July, the company posted revenues of EUR295.9 million (approximately USD350.8 million) during the sec...
    Zenzic launches second cohort of connected and automated mobility scale-up program in the UK
    Zenzic has announced the second cohort CAM (Connected and Automated Mobility) Scale-Up program, according to a press release on 3 August. The program enables UK-based companies a chance to test and develop their products within the CAM ecosystem through its testbed in UK. “With the UK’s track...
    Trelleborg Q2 2021 net sales increase 22.8% y/y to USD1.01 billion
    Trelleborg has published its financial results for the second quarter of  fiscal year (FY) 2021. According to a press release issued by Trelleborg on 22 July, the Sweden-based components supplier has posted net sales of SEK8.64 billion (approximately USD1.01 billion) during the second quarter 2...
    Mercedes-Benz develops dashboard using ADAS data for road safety in London
    Mercedes-Benz has tied up with Transport for London to develop “Mercedes-Benz Road Safety Dashboard”, the automaker said in a press release on 27 July. The dashboard will use data from the Mercedes-Benz driver assistance systems to make the city’s streets safer. “Jointly with Transport fo...
    Czech government, CEZ sign agreement to build EV battery gigafactory
    The Ministry of Industry and Trade of Czechia has entered into an agreement with Czech power company, CEZ, to set up a gigafactory for electric car batteries to the country. According to a report filed by S&P Global Platts on 27 July, the Czech government is prepared to support this endeavor by ...
    28-Jul-2021 News Investments
    Self-driving vehicle startup Navya secures EUR7.5 million in subsidies from French government
    Autonomous driving systems provider, Navya, has announced that it has been awarded four major technological innovation projects, three of which are part of the France Relance program, which is a Government initiative. According to a press release issued by Navya on 20 July, Navya responded to this R...
    22-Jul-2021 News New Products
    Brembo to establish center of excellence in California’s Silicon Valley
    Italy-based manufacturer of brake components and systems, Brembo, has announced the opening of its first center of excellence in the Silicon Valley region of California, US. According to a press release issued by Brembo on 19 July, the company stated that the Brembo Inspiration Lab will be an innova...
    21-Jul-2021 News Investments
    Bosch plans to invest USD172 million at its Hungary facilities
    Bosch Automotive Steering plans to invest a total of USD172 million (HUF52.5 billion) to expand its research and development and manufacturing facilities in Maklár, northern Hungary, a local news publication Hungary Today reported on 16 July. According to the report, the Hungary government is su...
    20-Jul-2021 News Investments
    FREYR Battery to build Customer Qualification Plant and cell production line in Norway
    Norwegian developer of next-generation clean battery cells, FREYR Battery, has announced that its Board of Directors has reached a final investment decision to proceed with the construction of the Customer Qualification Plant (CQP) and first battery cell production line in Mo i Rana, Norway. The pla...
    20-Jul-2021 News Investments
    BMW rolls out updated BMW News app
    BMW has rolled out its upgraded BMW News app to "millions" of vehicles, it said in a press release on 13 July. This will cater to the growing demand for in-vehicle news and infotainment podcasts. The News app is an integrated vehicle application in BMW's Operating System 7 and does not need a r...
    16-Jul-2021 News New Products
    TES acquires battery recycling site in Port of Rotterdam
    Singaporean sustainable technology life-cycle services provider TES has announced that it has agreed to a deal on a 10,000-square-meter (approximately 107,640 square feet) recycling facility in the Port of Rotterdam in the Netherlands. The facility has a basic waste license to...
    Otonomo partners with Mercedes-Benz Connectivity Services for fleet data
    Otonomo Technologies has announced an agreement with Mercedes-Benz Connectivity Services, under which the company will make available data across 25 countries throughout Europe to fleet management companies and operators such as delivery companies, service providers, and car rental companies. ...
    Ford opens order books in UK for Mustang Mach-E GT
    American car maker Ford has opened online orders for its new high-performance electric vehicle (EV), the Mustang Mach-E, for prospective customers in Europe. According to a press release issued by Ford on 9 July, deliveries of this vehicle will commence later this year. Two AC motors individ...
    13-Jul-2021 News New Products
    Knorr-Bremse drops plan to acquire 60% stake in HELLA
    Germany-based supplier of braking components and systems, Knorr Bremse, has announced that it has dropped its plans of acquiring a 60% stake in German automotive lighting systems manufacturer, HELLA, according to a report filed by business news agency Reuters on 7 July. Knorr Bremse said it was i...
    Terranet to showcase VoxelFlow sensor technologies at Startup Autobahn
    Sweden-based developers of advanced driver assistance systems (ADAS) and 3D motion awareness technology, Terranet AB, has announced that it will be showcasing developments to its VoxelFlow™ sensor technology at Startup Autobahn on 21 July in Stuttgart, Germany. Terranet will join Mercedes-Benz ...
    08-Jul-2021 News New Products
    TomTom develops TomTom Virtual Horizon solution for EU Intelligent Speed Assistance compliance
    TomTom has launched TomTom Virtual Horizon solution to help automakers meet EU’s Intelligent Speed Assistance (ISA) requirements, it said in a press release on 7 July. TomTom Virtual Horizon offers precise positioning, intelligent route prediction, and a horizon provider. The software is built on ...
    07-Jul-2021 News New Products
    Stellantis to invest USD118 million in UK factory to make electric vans and cars
    Stellantis has announced that it will invest EUR100 million (approximately USD118 million) in its manufacturing facility in northwestern England to produce electric cars and vans. According to a press release issued by Stellantis on 6 July, the investment will be made at Vauxhall’s Ellesmere Port ...
    07-Jul-2021 News Investments
    Porsche, Rimac, and Bugatti to establish hypercar JV Bugatti-Rimac
    German sportscar maker Porsche and Rimac Automobili have finalized the plans to establish a new joint venture (JV) including Bugatti, named Bugatti-Rimac. According to a press release issued by Bugatti on 5 July, the company stated that the share split in Bugatti-Rimac has been established with 55% ...
    Startup Green Lithium secures USD2.2 million in seed round funding
    Mineral processing startup Green Lithium has secured GBP1.6 million (USD2.2 million) in seed round funding, it said in a press release on 28 June. Funding was sourced from high-net-worth individual investors, with total investment coming up to more than five times the initial target amount. The c...
    06-Jul-2021 News Investments
    Advent Technologies becomes part of German intelligent mobility association
    Advent Technologies Holdings, Inc. has announced its membership in ITS mobility, the largest competence cluster for intelligent mobility in Germany. According to a press release issued by Advent Technologies on 28 June, the company stated that ITS mobility is an active network involving over 200 mem...
    Magna to open new factory in North Macedonia to produce wing mirrors
    Canadian automotive systems supplier, Magna International Inc., has announced that it will establish a new production facility near Struga, in the southwestern part of North Macedonia. According to a report filed by Bulgaria-based news agency SeeNews on 1 July, this facility, which represents an inv...
    06-Jul-2021 News Investments
    Nissan’s Qashqai to feature TomTom’s advanced mapping technology and connected services in Europe
    TomTom has announced that Nissan Qashqai will feature its advanced mapping technology and connected services in Europe, according to a 29 June press release. TomTom’s cutting-edge maps will be part of Nissan’s upgraded ProPILOT with Navi-link driver assistance, and NissanConnect infotainment sys...
    Germany paves the way for adoption of autonomous vehicles
    On 28 May, German legislators passed legislation allowing some self-driving vehicles to operate on public roads as early as 2022. In addition, the Bundestag, Germany's lower house, has approved a new draft to amend the Road Traffic Act and the Compulsory Insurance Act – Act on Autonomous Driving. ...
    BASF to establish new battery recycling prototype plant in Schwarzheide, Germany
    German multinational chemical firm, BASF, has announced that it will set up a battery recycling prototype plant in Schwarzheide, Germany, at the site of its cathode active materials (CAM) plant. According to a press release issued by BASF on 29 June, the facility will allow for the development of op...
    30-Jun-2021 News Investments
    Vehicle security solutions company AUTOCRYPT opens first European office in Munich
    AUTOCRYPT is opening of its first European office in Munich, Germany, it said in a press release on 29 June. The new branch will work with European OEMs to develop vehicle-to-everything (V2X), in-vehicle and plug & charge security solutions, and participate in the development of Europe Cooperati...
    Vitesco Technologies opens e-mobility components plant in Debrecen, Hungary
    The Debrecen plant of Vitesco Technologies, a provider of drivetrain technologies and solutions for e-mobility, has been officially opened. According to a press release issued by Continental on 24 June, the 7,000 sq. m. (approximately 75,350 square feet) plant, which is located in Hungary and o...
    29-Jun-2021 News Investments
    Bosch announces leadership changes, to be effective from 1 January 2022
    Germany-based supplier, Bosch, has announced changes at its top executive level with effect from 1 January 2022 onward. According to a press release issued by Bosch on 24 June, the company stated that Dr. Stefan Hartung will be appointed as the new chairman of the board of management of Robert ...
    Minda to acquire 51% stake in Uzbekistan-based headlights supplier UzChasys
    Minda Industries will, through its wholly owned unit, acquire a 51% stake in joint venture (JV) UzChasys, from its existing shareholder UzautoComponents LLC, Business Standard reported on 22 June. The cost of the acquisition is about INR581.3 million (USD7.8 million). Minda’s investment in UzChasy...
    Wien Energie installs 1,000 EV charging stations in Vienna, Austria
    Austrian energy provider, Wien Energie, has announced that it has completed its rollout of 1,000 EV charging stations in Austria’s capital city of Vienna. According to a report published by Electrive.com on 22 June, this expansion has happened over a three-year time frame. The city already has ...
    25-Jun-2021 News New Products
    STMicroelectronics develops new automotive low-dropout regulators
    According to an official press release issued by STMicroelectronics on 22 June, the company developed low-dropout regulators L99VR01 AEC-Q100 for a variety of automotive applications. The regulators provide up to 200mA to power loads like body modules, junction boxes, instrument clusters, sunroof...
    25-Jun-2021 News New Products
    Volkswagen suspends operations at Russian plant due to semiconductor shortage
    Volkswagen has suspended operations at its Russian assembly plant in Nizhny Novgorod for 17, 18 and 21–22 June due to a shortage of automotive semiconductors, Gazeta.RU reported on 18 June. “In relation to the complicated global situation concerning semiconductors, the company had no cho...
    Kia Europe, Uber announce e-mobility partnership
    Kia Europe and Uber have announced an electric mobility partnership to accelerate the adoption of advanced zero-emission battery electric vehicles (BEVs) across Europe. According to a press release issued by Kia’s parent company, the Hyundai Motor Group, on 15 June, Kia Europe will provide special...
    Fortum invests USD28 million to boost EV battery recycling capacity in Finland
    Finnish state-owned energy company, Fortum, has announced that it will expand its lithium-ion battery recycling capacity by building a new, state-of-the-art hydrometallurgical plant in Harjavalta, Finland. According to a press release issued by Fortum on 17 June, the company stated that it has earma...
    23-Jun-2021 News Investments
    Hankook Tire commissions new testing center in Spain
    South Korean tire manufacturer, Hankook Tire, has announced that it is expanding its testing and development capacities in Europe. According to a press release issued by Hankook Tire on 22 June, the company has commissioned a new facility on the premises of Applus+ IDIADA in Spain. The facility, ...
    23-Jun-2021 News Investments
    KIT develops autonomous electric bus platooning system for Munich public transport
    As per press release on Karlsruhe Institute of Technology (KIT) official website, KIT researchers have developed an autonomous electric bus system for public transport in Munich in Cooperation with SWM (Munich City Utilities) and vehicle manufacturer EBUSCO. The solution could be platooning, in w...
    22-Jun-2021 News New Products
    Porsche Engineering opens second R&D location in Timișoara, Romania
    Technology service provider and wholly owned subsidiary of Porsche, Porsche Engineering, has inaugurated a new research and development site in Timișoara, Romania. According to a press release issued by Porsche on 15 June, the company is planning to employ primarily software development and testing...
    21-Jun-2021 News Investments
    Audi funds renewable energy expansion to increase green charging stations in Europe
    Audi is partnering with energy providers to develop and sustain the use of renewable energy sources, according to a 17 June press release. The German automaker intends to work with partners to build new wind and solar farms in various European countries by 2025 and generate around 5 TWh of addi...
    Jaguar Land Rover to develop hydrogen fuel cell concept SUV based on Defender
    Jaguar Land Rover (JLR) has announced that it will develop a prototype hydrogen fuel cell electric vehicle (FCEV) based on the new Land Rover Defender, the company announced in a press release on 15 June. The new FCEV concept is scheduled to begin later this year in the United Kingdom to verify key ...
    17-Jun-2021 News New Products
    Volvo Cars partners with SSAB to develop fossil-free steel
    Volvo Cars has partnered with Swedish steelmaker SSAB for developing fossil-free Steel, the company announced in a press release on 16 June. As part of the collaboration, Volvo Cars will secure SSAB steel made from hydrogen-reduced iron from HYBRIT’s pilot plant in Luleå, Sweden. This steel will ...
    Euro Manganese to restart pilot plant in the Czechia
    Euro Manganese Inc. has announced its plan to restart its pilot plant in Czechia to produce high purity manganese samples in response to demand from prospective customers primarily located in Europe. The pilot plant will process tailings material from the Chvaletice Manganese Project. According t...
    Madrid to replace cabs with 1,000 hydrogen FCEVs
    The Federación Profesional del Taxi de Madrid (FPTM) taxi association intends to replace 1,000 cabs driven by internal combustion engines (ICEs) with hydrogen fuel cell electric vehicles (FCEVs). According to a report filed by Electrive.com on 14 June, the association plans to complete this move an...
    15-Jun-2021 News New Products
    Ford launches SecuriAlert car alarm for vehicle owners
    Ford has announced that its smartphone-based security system SecuriAlert is available to vehicle owners, according to a company press release on 10 June. SecuriAlert sends a notification to the vehicle owner’s smartphone if it identifies any vehicle activity, such as attempts to open doors or gain...
    14-Jun-2021 News New Products
    SK Innovation secures green loan from Korean bank to setup second EV battery plant in Hungary
    SK Innovation has announced that it has received a green loan of USD500 million from the Export-Import Bank of Korea. According to a press release issued by SK Innovation on 9 June, these new funds will be used to set up SK Battery Manufacturing Kft. (SKBM), the company’s second EV battery manufac...
    11-Jun-2021 News Investments
    Telefónica deploys 5G-based V2X testing in Cereixal tunnel in Spain
    Telefónica partnered with Nokia, Ineco, Stellantis, the Automotive Technology Centre of Galicia (CTAG) and SICE to test 5G-based V2X solutions in the Cereixal tunnel in Spain, it said in a press release in May. The smart tunnel sends information to drivers on the weather conditions at the exit, roa...
    Bosch to invest over USD250 million for mobility solutions in North America
    Bosch has reported consolidated sales in North America at USD12.3 billion for 2020 fiscal year, which is a decline of 15% year-on-year (y/y), according to a company press release on 8 June. Nonetheless, the company has decided to invest more than USD250 million or mobility solutions in the region. ...
    10-Jun-2021 News Investments
    Renault creates ElectriCity EV production cluster in France
    Renault Group and the representative trade unions (CFDT, CFE-CGC, CFTC, CGT, FO, and SUD) have signed an agreement for the future of the Renault sites in the Hauts-de-France region, as part of the Renaulution strategic plan. According to a company press release on 9 June, the agreement has resulted ...
    voestalpine's FY 2020 revenue declines 11.4% y/y to USD13.3 billion
    Austria-based manufacturer of automotive body-in-white (BIW) components, voestalpine AG, has announced its financial results for the 2020–21 fiscal year (FY). According to a press release issued by Voestalpine on 9 June, the company posted a revenue of EUR11.3 billion (approximately USD13.3 billio...
    Navya announces autonomous shuttle project with Valeo in Germany
    Navya, a leader in autonomous driving systems, is launching new experimental projects in Germany with 16 shuttles sold, of which nine were sold in 2020, according to a press release issued on Business Wire dated 8 June. Etienne Hermite, CEO of Navya, concludes: “These new deployments withi...
    10-Jun-2021 News New Products
    Renault, Plug Power launch HYVIA JV for hydrogen-based commercial vehicle mobility
    Renault Group and Plug Power have launched their joint venture (JV) HYVIA, as outlined in the memorandum of understanding (MOU) agreement signed on 12 January 2021, according to a press release by Plug Power on 3 June. The 50:50 JV is chaired by David Holderbach, having over 20 years of experience i...
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