Search Results for: electric vehicles

Revolutionizing Vehicle Safety: Mercedes-Benz and Fraunhofer Society Unveil Groundbreaking Transparent Crash Tests

(IN BRIEF) Mercedes-Benz, in collaboration with the Fraunhofer Society, conducts the world’s first X-ray crash test using a real car at the Ernst Mach Institute in Freiburg. This groundbreaking demonstration unveils previously hidden internal deformation processes during crashes, providing valuable … Read the full press release

Logicor Completes BTS Development, Enhancing Logistics Infrastructure in Sant Feliu de Buixalleu

(IN BRIEF) On March 11, 2024, Logicor, a prominent European logistics real estate owner, manager, and developer, finalized the build-to-suit (BTS) development of a warehouse spanning over 16,000 square meters in Sant Feliu de Buixalleu, Spain. This facility, leased to … Read the full press release

Zoox Collaborates with AFRY to Advance Autonomous Vehicle Development

(IN BRIEF) Zoox, an American subsidiary of Amazon specializing in autonomous ride-hailing vehicles, partners with AFRY, leveraging their vehicle engineering expertise from Sweden to enhance the development of Zoox’s purpose-built robotaxi. This innovative vehicle, designed for fully autonomous operation, marks … Read the full press release

Eni, Plenitude, and Energy Infrastructure Partners Finalize Investment Agreement

(IN BRIEF) Eni, Plenitude, and Energy Infrastructure Partners (EIP) have concluded their investment agreement, with EIP acquiring a 7.6% stake in Plenitude through a capital increase of €588 million. This transaction, initially announced in December 2023, marks a significant milestone … Read the full press release

E.ON Secures €2.3 Million Funding for Hydrogen Filling Station in Essen, Germany

(IN BRIEF) E.ON has received a funding commitment of €2.3 million from the state of North Rhine-Westphalia (NRW) in Germany for the construction of a hydrogen filling station in Essen’s city harbor. This milestone project aims to strengthen hydrogen mobility … Read the full press release

DNV Facilitates Macquarie Capital’s Investment in ChargeZone: Accelerating India’s EV Charging Infrastructure Expansion

(IN BRIEF) DNV played a crucial role in facilitating Macquarie Capital’s decision to invest in ChargeZone, a leading Indian provider of EV charging infrastructure. Conducting technical due diligence (TDD) for the investment, DNV leveraged its expertise in the EV industry … Read the full press release

Infineon Unveils Next-Gen Silicon Carbide MOSFET Technology for Enhanced Power Systems

(IN BRIEF) Infineon Technologies AG introduces the latest advancement in power systems and energy conversion with the launch of the CoolSiC™ MOSFET 650 V and 1200 V Generation 2. This new generation of silicon carbide (SiC) MOSFET trench technology enhances … Read the full press release

Enel Grids’ Renewable Connections Soar, Adding 7.9 GW in 2023

(IN BRIEF) Enel Grids, Enel Group’s electricity distribution arm, achieved a record-breaking milestone in 2023 by connecting nearly 540,000 new producer-prosumer connections globally, adding 7.9 GW of renewable capacity to its grids. Italy leads with 1.5 million connections, while Spain … Read the full press release

Inauguration of Mercedes-Benz Commercial Vehicle Hub in Stuttgart Signals Shift Towards Sustainable Mobility

(IN BRIEF) Daimler Truck has officially opened the Mercedes-Benz Commercial Vehicle Center in Stuttgart, marking a significant milestone in the future of transportation. The state-of-the-art facility, designed for battery and fuel cell-powered commercial vehicles, offers sales, servicing, and rental services … Read the full press release

WACKER Group Unveils Innovative Silicone Solutions at Silicone Expo Europe 2024

(IN BRIEF) At the Silicone Expo Europe, commencing in Amsterdam, the WACKER Group is set to showcase its latest silicone-based product solutions tailored for various industrial sectors. These offerings include silicone gels for wound care, non-postcuring liquid silicone rubber for … Read the full press release

Ayvens and Stellantis Forge Multi-Billion Euro Agreement for Sustainable Mobility

(IN BRIEF) Ayvens, a leading global sustainable mobility player resulting from ALD Automotive’s acquisition of LeasePlan, has entered a multi-billion euro frame agreement with Stellantis, a prominent automaker, to procure up to 500,000 vehicles for its long-term leasing fleet across … Read the full press release

INEOS Automotive Introduces the INEOS Fusilier: A 4X4 with Dual Powertrain Options

(IN BRIEF) INEOS Automotive has revealed its latest model, the INEOS Fusilier, marking a milestone in the company’s commitment to zero-emission vehicles. Offering both all-electric and range-extender electric powertrain options, the Fusilier promises exceptional off-road performance without compromising on-road capabilities. … Read the full press release

TotalEnergies and ACO Renew Partnership to Drive Energy Transition in Endurance Racing

(IN BRIEF) TotalEnergies, the Automobile Club de l’Ouest (ACO), and Le Mans Endurance Management (LMEM) have extended their partnership for five years, until 2028, aiming to support ACO’s energy transition goals. Committed to achieving net zero emissions by 2030 under … Read the full press release

Landis+Gyr Unveils Cutting-Edge Energy Management Technologies at DISTRIBUTECH International 2024

(IN BRIEF) Landis+Gyr, a leading provider of energy management solutions, is set to showcase innovative technologies aimed at enhancing flexibility in managing the energy transition at the DISTRIBUTECH International 2024 conference in Orlando, FL. Through high-resolution data and automated controls, … Read the full press release

Continental Launches VikingContact 8: The Ultimate Winter Tire for Nordic Conditions

(IN BRIEF) Continental is proud to introduce the VikingContact 8, the latest innovation in winter tire technology designed specifically for the demanding conditions of Nordic winters. Engineered with a focus on safety, comfort, and sustainability, the VikingContact 8 sets a … Read the full press release

B&M and Logicor Forge Ahead with Expansion, Unveiling Upgraded Distribution Center in Runcorn

(IN BRIEF) Logicor, a prominent European logistics real estate firm, proudly announces the successful completion of a 112,000 sq ft extension for retailer B&M, aimed at bolstering the occupier’s operations in the North West. The expansion, situated in Runcorn, elevates … Read the full press release

DHL Trials Hydrogen-Powered Trucks for Sustainable Freight Transport in Germany

(IN BRIEF) DHL Freight, in collaboration with Post & Parcel Germany, has initiated a one-year pilot project deploying hydrogen-powered trucks manufactured by Paul Nutzfahrzeuge GmbH at its Cologne location. These trucks, based on the Mercedes-Benz Atego, mark DHL’s commitment to … Read the full press release

EIB Commits €350 Million to Umicore for EV Battery Materials Innovation and Recycling

(IN BRIEF) In a significant move to bolster Europe’s electric vehicle (EV) battery industry, the European Investment Bank (EIB) has entered a €350 million financing agreement with Umicore to support research, development, and innovation (RDI) in rechargeable battery materials technologies. … Read the full press release

RESA and EIB Sign €190 Million Loan Agreement to Advance Energy Transition

(IN BRIEF) RESA, an energy distribution network operator, has partnered with the European Investment Bank (EIB) to secure a €190 million loan agreement to support the first phase of its industrial plan for 2023-2026. The energy transition necessitates substantial investments … Read the full press release

Škoda Celebrates Superb’s 90th Anniversary and Showcases Past, Present, and Future at Rétromobile Exhibition

(IN BRIEF) Škoda is marking the 90th anniversary of the Superb’s production launch at the Rétromobile exhibition in Paris, featuring a diverse display of historic and contemporary vehicles. Among the highlights are the iconic Škoda Superb from different eras, the … Read the full press release

Outokumpu Partners with Climate Leadership Coalition to Champion Green Steel and Global Climate Solutions

(IN BRIEF) Outokumpu Oyj, a global leader in sustainable stainless steel, has been accepted as a new organizational member of the Climate Leadership Coalition (CLC), Europe’s largest non-profit climate business network. CLC is dedicated to developing business-driven solutions to combat … Read the full press release

Volkswagen Group Appoints Thomas Ulbrich to Lead Technical Development in China

(IN BRIEF) The Volkswagen Group is strengthening its Technical Development Board function in China as part of its “In China, for China” strategy. Thomas Ulbrich, former Member of the Board of Management of the Volkswagen Brand for “New Mobility,” will … Read the full press release

Imerys Confirms Key Locations for EMILI Lithium Project in France

(IN BRIEF) Imerys, the world leader in specialty minerals for industry, has confirmed the locations for its EMILI project, aimed at lithium extraction and production for batteries. The company has chosen La Loue, in the city of Saint-Victor near Montluçon, … Read the full press release

EIB Backs Installation of Over 8,400 EV Charging Stations in Eastern Europe to Boost Clean Mobility

(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release

Ahlstrom Invests in Molecular Filtration Media Production Line to Enhance Air Quality Solutions

(IN BRIEF) Ahlstrom is reinforcing its position as a leader in the global filtration industry by investing in a new production line for molecular filtration media in Turin, Italy. With a focus on improving air quality in closed environments like … Read the full press release

Infineon and Wolfspeed’s Prolonged Alliance Boosts Silicon Carbide Supply for Sustainable Solutions

(IN BRIEF) Infineon Technologies and Wolfspeed, Inc. have announced the expansion and extension of their long-term 150mm silicon carbide wafer supply agreement. The partnership includes a multi-year capacity reservation agreement and aims to ensure a stable supply chain for silicon … Read the full press release

Continental Leads Tire Industry in Sustainability with Innovative Technologies

(IN BRIEF) Continental, a leading international tire manufacturer, is at the forefront of sustainability in the industry. The company has integrated sustainable materials like recycled PET and rice husk ash silica from its Conti GreenConcept concept tire into its series … Read the full press release

Plenitude Enhances Spanish Offshore Wind Portfolio with BlueFloat and Sener Collaboration

(IN BRIEF) Plenitude, an Italian energy company specializing in renewable energy, has joined forces with BlueFloat Energy and Sener Renewable Investments to advance offshore wind projects in Spain. This partnership strengthens their existing consortium and creates a dominant player in … Read the full press release

NIB Grants USD 97.3 Million Loan to Northvolt for Lithium-Ion Battery Manufacturing and Recycling Facility in Sweden

(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

Siemens and Voltaiq’s Synergy for Battery Industry Advancement

(IN BRIEF) Siemens Digital Industries Software has joined forces with Voltaiq to revolutionize battery manufacturing, addressing the increasing demand for battery-powered products. The collaboration combines Siemens’ Insights Hub™ and Voltaiq’s Enterprise Battery Intelligence™ to offer unmatched capabilities for battery-focused companies. … Read the full press release

Rheinmetall’s Compact Heat Pump: A Game-Changer for Hydrogen-Powered Trucks

(IN BRIEF) Rheinmetall, a tech enterprise, has developed a plug-and-play heat pump solution for hydrogen-powered trucks. This innovative system, previously used in electric vehicles, construction equipment, and boats, aims to maximize fuel cell truck efficiency and extend their operating range. … Read the full press release

Groupe BPCE and EIB Join Forces to Provide €300 Million for Green Transition of SMEs and Mid-Caps

(IN BRIEF) Groupe BPCE and the European Investment Bank (EIB) have collaborated to offer a €300 million package aimed at facilitating the green transition of small and medium-sized enterprises (SMEs) and mid-cap companies. This partnership enables Groupe BPCE to provide … Read the full press release

EIB Funds GDI’s Innovative Silicon Anode Technology to Revolutionize Battery Performance

(IN BRIEF) The European Investment Bank (EIB) has provided a €20 million quasi-equity loan to GDI, a US-based company with an affiliate in the Netherlands, to develop silicon anode technology for batteries. This technology aims to replace graphite in batteries … Read the full press release

Rheinmetall Secures Multi-Million Euro Orders for Auto Components, Boosting Engine Efficiency

(IN BRIEF) Rheinmetall, a prominent tech enterprise, has secured two substantial orders, collectively valued in the mid-two-digit million-euro range, from a renowned car and truck manufacturer. One order pertains to variable oil pumps, while the other involves cSUV divert-air valves, … Read the full press release

Bosch Showcases Electrification, Hydrogen, and Sustainability Innovations at CES 2024

(IN BRIEF) Bosch is at CES 2024, presenting its commitment to driving electrification and sustainable energy use, with a focus on hydrogen as a key solution. The company highlights innovations such as automated valet charging for electric vehicles, the use … Read the full press release

Global Steel Giant ArcelorMittal Engages dss+ for Company-Wide Safety Audit

(IN BRIEF) ArcelorMittal, a prominent global steel and mining company, has announced its collaboration with dss+, a leading sustainable operations management consulting service, to conduct a comprehensive safety audit across the company. The decision to undertake this company-wide audit aligns … Read the full press release

Ionic Mineral Technologies and ANDRITZ Partner to Revolutionize Lithium-ion Battery Materials Production

(IN BRIEF) Ionic Mineral Technologies (Ionic MT) has entered into a strategic partnership with ANDRITZ, an international technology group, to mass-produce critical battery materials for next-generation lithium-ion batteries. The collaboration aims to scale up Ionic MT’s nano-silicon production process to … Read the full press release

ABB Expands Partnership with Volvo Cars to Supply Over 1,300 Robots for EV Production

(IN BRIEF) ABB is expanding its partnership with Volvo Cars to supply more than 1,300 robots and functional packages for the production of electric vehicles (EVs). The collaboration aims to support Volvo Cars in achieving sustainability goals as the automotive … Read the full press release

Iberdrola’s Commitment to Innovation Garners Second Consecutive Recognition from European Commission

(IN BRIEF) Iberdrola, a major energy company, has received recognition as the world’s leading private utility for investment in innovation and development, marking its second consecutive year of achievement in this regard. The European Commission’s report, ‘The 2023 Industrial R&D … Read the full press release

Finland’s Suur-Savon Sähkö Oy Partners with NIB on EUR 45 Million Energy Infrastructure Initiative

(IN BRIEF) The Nordic Investment Bank (NIB) and Suur-Savon Sähkö Oy, a municipal energy utility, have signed a 10-year, EUR 45 million loan agreement for investment projects from 2023 to 2024. Suur-Savon Sähkö Oy’s initiatives focus on improving the region’s … Read the full press release