BMW

(IN BRIEF) Europe has made significant progress in quantum computing with investments, partnerships, and innovations. Highlights include a €3.5 million investment in LioniX International by the University of Twente, and T-Systems offering cloud access to IBM’s quantum systems. Other developments … Read the full press release →

(IN BRIEF) Deutsche Telekom secures its position as the most valuable German brand, according to the BrandZ study “Top50 Most Valuable German Brands” by Kantar. With a brand value of $73.5 billion, marking an 18% contribution to the total ranking … Read the full press release →

(IN BRIEF) SIXT, the premium mobility provider, is strengthening its brand presence in professional sports by partnering with FC Bayern Basketball, effective from February 2024 until summer 2026. This platinum partnership will grant SIXT access to an extensive marketing package, … Read the full press release →

(IN BRIEF) SEAT S.A. has appointed Sven Schuwirth as the new Executive Vice-President for Sales and Marketing, overseeing both SEAT and CUPRA brands, starting from February 1, 2024. This appointment marks a natural progression in Schuwirth’s career at SEAT, where … Read the full press release →

(IN BRIEF) Domenico Nucera, President of Iveco Group’s Bus Business Unit, has been appointed as the Chairperson of the bus and coach division of the European Automobile Manufacturers’ Association (ACEA). Nucera’s role is crucial as the European Union aims for … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) is set to provide a substantial lending package of slightly over $1.038 billion (€942.6 million) to support the expansion of Northvolt’s gigafactory in Skellefteå, Sweden. This financing is a crucial component of a … Read the full press release →

(IN BRIEF) The Nordic Investment Bank (NIB) has provided a USD 97.3 million (EUR 88.30 million) loan to Northvolt Ett AB, as part of a consortium, for the establishment of an integrated lithium-ion battery manufacturing and recycling facility in Skellefteå, … Read the full press release →

(IN BRIEF) Harald Seidel, the President of DAF Trucks, has been chosen as the Chairman of the Commercial Vehicle Board of the European Automobile Manufacturers’ Association (ACEA) for the year 2024. Seidel highlighted the transformative year ahead for the European … Read the full press release →

(IN BRIEF) SK Telecom (SKT) and Thales are partnering to implement Post Quantum Cryptography (PQC) on 5G networks, enhancing user identity and privacy protection. This innovative solution, based on 5G standalone networks and 5G SIM technology, encrypts and decrypts subscriber … Read the full press release →

(IN BRIEF) Continental has partnered with BMW Motorrad to provide OEM approval for their ContiRaceAttack 2 Street hypersport tires on the new BMW M 1000 XR. This collaboration marks the first-time partnership between the two premium manufacturers in the hypersport … Read the full press release →

(IN BRIEF) The European Automobile Manufacturers’ Association (ACEA) has officially approved Nissan’s membership application, effective from January 1, 2024. Nissan, a Japanese vehicle manufacturer with a long history and a strong presence in Europe, operates manufacturing facilities in Spain and … Read the full press release →

(IN BRIEF) Audi Sport customer racing teams achieved multiple victories in racing events held in Australia and Asia. In the GT World Challenge Australia powered by AWS, Audi R8 LMS cars won both races, with drivers Liam Talbot and Max … Read the full press release →

(IN BRIEF) Airbus, BMW Group, and Quantinuum, leaders in mobility and quantum technologies, have collaborated to develop a hybrid quantum-classical workflow. Their focus is on using quantum computers to simulate quantum systems and study the chemical reactions of catalysts in … Read the full press release →

(IN BRIEF) Outokumpu, a global stainless steel leader, has partnered with thyssenkrupp Materials Processing Europe and Boysen Group to introduce towards-zero stainless steel to the automotive industry. This collaboration aims to address tailpipe emissions and decarbonize the automotive sector. Outokumpu’s … Read the full press release →

(IN BRIEF) BMW and E.ON have partnered on a pan-European scheme for intelligent charging at home. The strategic collaboration aims to create “Connected Home Charging,” a charging ecosystem to connect customers’ electric BMW or Mini vehicles to the energy system … Read the full press release →

(IN BRIEF) The European Automobile Manufacturers’ Association (ACEA) is urging EU leaders to prioritize the green transition and protect the EU’s industrial base. Ahead of the European Council Summit, ACEA President Luca de Meo expressed the challenges faced by the … Read the full press release →