Search Results for: electric vehicles

ANDRITZ Announces Resignation of Domenico Iacovelli from Executive Board

Posted on 15, December 2023 by

(IN BRIEF) ANDRITZ, a leading international technology group, has announced the amicable resignation of Domenico Iacovelli, effective December 31, 2023. Iacovelli, who played a crucial role in overseeing the Metals business area, will be stepping down from the Executive Board. … Read the full press release →

Posted in Austria, Business, Industrial, Management, News, Technology

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Infineon Expands MOTIX™ Product Line for Automotive and Industrial Motor Control with New Gate Driver ICs

Posted on 14, December 2023 by

(IN BRIEF) Infineon Technologies AG has announced the expansion of its MOTIX™ product family, focusing on automotive and industrial motor control applications. The expansion introduces four new 2-channel MOTIX gate driver ICs, namely 2ED2742S01G, 2ED2732S01G, 2ED2748S01G, and 2ED2738S01G. These 160 … Read the full press release →

Posted in Automotive, Business, Environment, Germany, Industrial, Management, News, Technology

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Siemens Honors Exceptional Inventors in Annual Awards Ceremony

Posted on 13, December 2023 by

(IN BRIEF) Siemens has recognized twelve outstanding inventors from various countries in its annual Inventors of the Year awards. These innovators have made significant contributions to fields such as artificial intelligence, sustainable power grids, railcar stability, and electric vehicle charging … Read the full press release →

Posted in Awards, Business, Environment, Germany, Industrial, Management, Media, News, Technology

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ArcelorMittal Completes Sale of Kazakh Steel and Mining Operation to Qazaqstan Investment Corporation

Posted on 9, December 2023 by

(IN BRIEF) ArcelorMittal has successfully concluded the sale of its Kazakh steel and mining operation, ArcelorMittal Temirtau, to the Qazaqstan Investment Corporation (QIC), a state-controlled direct investment fund. The transaction involves a total consideration of $986 million, comprising $286 million … Read the full press release →

Posted in Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News

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Symbio Inaugurates Europe’s Largest Hydrogen Fuel Cell Gigafactory to Accelerate Hydrogen Mobility

Posted on 6, December 2023 by

(IN BRIEF) Symbio, a joint venture between Forvia, Michelin, and Stellantis, has inaugurated its first gigafactory called SymphonHy in Saint-Fons, France. This gigafactory is Europe’s largest integrated site producing hydrogen fuel cells and is part of the HyMotive project, a … Read the full press release →

Posted in Automotive, Business, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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ABP Acquires Key Land Parcel for Future-Proofing Humber Ports and Business Growth

Posted on 4, December 2023 by

(IN BRIEF) Associated British Ports (ABP) has taken a significant step in its property strategy by acquiring the freehold of a 227.5-acre site known as Stallingborough Interchange. This acquisition underscores ABP’s commitment to expanding its commercial port opportunities, encompassing automotive, … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom

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Arkema Expands its Portfolio with 54% Stake Acquisition in PI Advanced Materials

Posted on 3, December 2023 by

(IN BRIEF) Arkema has completed the acquisition of a 54% stake in PI Advanced Materials (PIAM), a South Korean company specializing in polyimide films for advanced electronics and electric mobility markets. PIAM holds a dominant global market share of over … Read the full press release →

Posted in Business, Chemicals, Electronics & Machinery, France, Industrial, Technology

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Škoda Begins Production of Fourth-Generation Superb at Bratislava Plant, Enhancing Efficiency and Capacity

Posted on 3, December 2023 by

(IN BRIEF) Škoda Auto has commenced the production of the fourth modern generation of the Superb at the Volkswagen brand plant in Bratislava, just four weeks after its global unveiling near Prague. This strategic move, relocating the Superb’s production from … Read the full press release →

Posted in Automotive, Czech Republic, Industrial, Slovakia

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Green Energy Initiative: Iberdrola and bp pulse’s €1 Billion Plan for High-Speed EV Charging Across Iberia

Posted on 1, December 2023 by

(IN BRIEF) Iberdrola and bp pulse have officially launched their joint venture, aiming to create an extensive high-speed electric vehicle (EV) charging network in Iberia. The venture plans to invest €1 billion and deploy 5,000 charging points in Spain and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Portugal, Spain, United Kingdom

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Hydro Unveils Ambitious Plans for Greener Aluminium and Sustainable Growth

Posted on 29, November 2023 by

(IN BRIEF) Hydro, a leading global aluminium company, has announced its strategic direction for the coming decade, focusing on capturing opportunities in the growing demand for low-carbon aluminium. The company aims to achieve this by stepping up its efforts in … Read the full press release →

Posted in Business, Environment, Industrial, Management, Media, Metals and Minerals, News, Norway

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Swedbank Robur Launches Two Climate-Focused Funds to Finance Sustainable Projects

Posted on 24, November 2023 by

(IN BRIEF) Swedbank Robur has expanded its climate strategy by introducing two new funds, Climate Bond and Climate Bond High Yield, which will finance projects and company operations aligned with the UN’s climate goals. These funds are classified as Article … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden

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JLR’s Data Engineering Conversion Program Generates £430 Million in Value, Wins Google Customer Award for Manufacturing

Posted on 24, November 2023 by

(IN BRIEF) Jaguar Land Rover (JLR) has reported that its Data Engineering Conversion Training Programme, initiated in 2021, has contributed over £430 million in value to the business in the past year. The program has trained dozens of data engineers … Read the full press release →

Posted in Automotive, Awards, Business, Industrial, Management, News, Technology, United Kingdom

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Infineon-Led PROGRESSUS Project Achieves Breakthroughs in Green Energy Management and EV Charging Infrastructure

Posted on 23, November 2023 by

(IN BRIEF) Infineon Technologies AG, in collaboration with 22 project partners, has successfully concluded the PROGRESSUS research project, focusing on efficient energy conversion, intelligent electricity management, and secure network monitoring. With support from the Electronic Components and Systems for European … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology

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SAE International Adopts MAHLE’s Positioning System as Global Standard for Wireless EV Charging

Posted on 23, November 2023 by

(IN BRIEF) MAHLE, a leading automotive technology company, has developed a groundbreaking positioning system, known as the Differential Inductive Positioning System (DIPS), for wireless charging of electric vehicles (EVs). This innovative technology automatically aligns an EV precisely above the charging … Read the full press release →

Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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Plenitude and Saipem Collaborate to Install 1 MWp Solar System, Advancing Energy Efficiency and Sustainability Goals

Posted on 23, November 2023 by

(IN BRIEF) Plenitude (Eni) and Saipem have entered into an agreement to install a 1 MWp photovoltaic system at Saipem’s offices in Fano, Italy. The system is expected to generate over 1,000 MWh of solar power annually, meeting a significant … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology

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Infineon Expands CoolMOS CFD7A Line with QDPAK Package for Enhanced EV Charging Efficiency

Posted on 23, November 2023 by

(IN BRIEF) Infineon Technologies AG is extending its 650 V CoolMOS™ CFD7A series by introducing the QDPAK package to meet the growing demand for efficient and high-performance power electronics in electric vehicle (EV) charging systems. The QDPAK package offers equivalent … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

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TomTom and Bridgestone Mobility Solutions Join Forces to Accelerate Fleet Electrification and Optimize Sustainability

Posted on 16, November 2023 by

  (IN BRIEF) TomTom, a location technology specialist, has entered into a multi-year contract with Bridgestone Mobility Solutions to aid businesses in optimizing their fleets and expediting the shift to electric vehicles (EVs). Bridgestone Mobility Solutions’ fleet management software, Webfleet, … Read the full press release →

Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Technology, Transportation & Logistics

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ArcelorMittal to Pioneer Sustainable Steel Powder Production for Additive Manufacturing

Posted on 15, November 2023 by

(IN BRIEF) ArcelorMittal, a global steel industry leader, is entering the additive manufacturing (AdM) market as a supplier of high-quality steel powders. The company is constructing an industrial-scale atomizer in Spain, with production scheduled to begin in January 2024. This … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Investment, Luxembourg, Metals and Minerals, Spain, Technology

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TotalEnergies’ Energy Outlook 2023 Offers Insight into Global Energy Transition

Posted on 15, November 2023 by

(IN BRIEF) TotalEnergies has released its annual “TotalEnergies Energy Outlook 2023” in preparation for COP28, outlining scenarios for the evolution of global energy demand and the transition to a sustainable energy system by 2050. The report reveals that while the … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News

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EBRD and Green Climate Fund’s High-Impact Programme Aims to Transform Hard-to-Abate Sectors for Net-Zero Goals

Posted on 14, November 2023 by

(IN BRIEF) The transition to a net-zero economy presents significant challenges for various industries, especially “hard-to-abate” sectors such as cement, steel, chemicals, mining, shipping, and aviation. These sectors contribute to about 30% of global emissions, making their transition crucial. The … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology, United Kingdom

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EnBW Reports Strong Earnings Growth and Increased Investment in Energy Transition

Posted on 13, November 2023 by

(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News

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DNV Calls for Urgent Policy Changes and Tech Advancements in Net Zero Emissions Report

Posted on 10, November 2023 by

(IN BRIEF) DNV’s “Pathway to Net Zero Emissions” report emphasizes the need for immediate and lasting emissions reductions to limit global warming to 1.5°C. The report acknowledges that achieving a fully fossil-free energy system by 2050 is unrealistic and instead … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Management, Norway, Technology

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Vodafone and Sumitomo Introduce Pairpoint: A Groundbreaking Venture for the Economy of Things

Posted on 8, November 2023 by

(IN BRIEF) Vodafone and Sumitomo Corporation have unveiled Pairpoint, a new brand for their joint venture that was previously known as Digital Asset Broker. Pairpoint aims to enable customers and businesses to leverage the opportunities arising from the Economy of … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Internet & Online, Management, News, Portugal, Technology, Telecom, United Kingdom

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Ricoh and Siemens Collaborate to Advance Industrial Aluminium Binder Jetting for Mass Production

Posted on 4, November 2023 by

(IN BRIEF) Ricoh Company, Ltd. and Siemens Digital Industries Software have entered into a collaboration to develop industrial aluminium Binder Jetting (BJT) for serial mass production. This innovative additive manufacturing technique utilizes Ricoh’s inkjet printing technology to create complex-shaped metal … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Technology, United Kingdom

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MAHLE Powertrain Unveils State-of-the-Art Battery Development Center in Stuttgart, Germany

Posted on 2, November 2023 by

(IN BRIEF) MAHLE Powertrain, an engineering services provider, has inaugurated a cutting-edge battery development center in Stuttgart, Germany, dedicated to serving European clients. Spanning 1,300 square meters, the facility is equipped to handle all aspects of battery development, from initial … Read the full press release →

Posted in Automotive, Business, Construction, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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SGS Divests US Powertrain Testing Operations to Columbia River Partners in Strategic Portfolio Move

Posted on 24, October 2023 by

(IN BRIEF) SGS has signed an agreement to sell its US powertrain testing operations to Columbia River Partners, a private equity firm specializing in industrials, business services, and IT services. The divested operations encompass combustion engine services, powertrain component testing, … Read the full press release →

Posted in Automotive, Business, Financial, Industrial, Management, News, Switzerland, Technology

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EIB Signs €50 Million Agreement with VÚB to Boost Financing for Slovak SMEs and Regional Development

Posted on 20, October 2023 by

(IN BRIEF) The European Investment Bank (EIB) has inked a €50 million lending deal with Všeobecná úverová banka (VÚB), aimed at increasing access to financing for small and medium-sized enterprises (SMEs), mid-cap companies, and both public and private sector entities … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Small Business

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FedEx Express Europe Initiates Trial of Renewable Diesel for Long-Distance Trucks in the UK

Posted on 17, October 2023 by

(IN BRIEF) FedEx Express Europe, a subsidiary of FedEx Corp., has commenced a trial of hydrotreated vegetable oil (HVO) renewable diesel to power five of its company-owned trucks in the United Kingdom. This initiative follows FedEx Express’s earlier adoption of … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Technology, Transportation & Logistics, Travel, United Kingdom

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Vodafone Boosts Business Connectivity and Security with 5G Mobile Private Networks

Posted on 12, October 2023 by

(IN BRIEF) Vodafone is leveraging 5G Mobile Private Networks (MPN) to enhance connectivity, speed, reliability, and security for business customers. These networks are especially beneficial for the manufacturing industry, where connected machines, autonomous vehicles, and robots play a significant role. … Read the full press release →

Posted in Business, Industrial, Management, Marketing, News, Security & Safety, Technology, Telecom, United Kingdom

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DNV Report: Energy Transition Slow to Replace Fossil Fuels, CO2 Emissions Peak Expected in 2024

Posted on 12, October 2023 by

(IN BRIEF) Despite record-high sales of electric vehicles, increased solar and battery installations, and the rapid expansion of renewables, fossil fuels are still growing in absolute terms and meeting half of the world’s new energy demand, according to DNV’s Energy … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Technology

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SweGaN Partners with AFRY to Establish Semiconductor Production Facility in Sweden

Posted on 10, October 2023 by

(IN BRIEF) SweGaN, a semiconductor manufacturer based in Sweden, has chosen AFRY to provide comprehensive support and expertise in various disciplines for the establishment of its new headquarters and semiconductor production facility in Linköping, Sweden. AFRY is assisting SweGaN in … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics

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EIB Grants €150 Million Loan to Cepsa for Over 1,800 Ultra-Fast EV Charging Stations in Spain and Portugal

Posted on 10, October 2023 by

(IN BRIEF) The European Investment Bank (EIB) has provided a €150 million loan to Cepsa to facilitate the installation of over 1,800 ultra-fast electric vehicle (EV) charging stations at Cepsa service stations in Spain and Portugal. This initiative aligns with … Read the full press release →

Posted in Automotive, Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology, Transportation & Logistics

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Umicore and Volkswagen-Backed PowerCo Unveil IONWAY: A Game-Changing Battery Material Joint Venture

Posted on 7, October 2023 by

(IN BRIEF) Umicore and Volkswagen Group-backed battery company PowerCo have officially launched their groundbreaking collaboration named IONWAY. This Brussels-based joint venture is focused on large-scale industrial production of CAM (Cathode Active Materials) and pCAM (Precursor Cathode Active Materials) in Europe, … Read the full press release →

Posted in Automotive, Belgium, Business, Energy, Gas & Oil, Financial, Germany, Government, Industrial, Investment, Management, News, Technology

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Valeo Receives €150 Million Investment from EIB for Groundbreaking Green Bond

Posted on 7, October 2023 by

(IN BRIEF) The European Investment Bank (EIB) has invested €150 million in Valeo’s inaugural €600 million green bond issue, aimed at advancing low-carbon mobility and sustainability. This investment aligns with Valeo’s commitment to carbon neutrality by 2050 and supports projects … Read the full press release →

Posted in Automotive, Banks, Business, Environment, Financial, Industrial, Investment, Luxembourg, Management, News, Technology

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Kuehne+Nagel Takes a Step Forward in Road Logistics Sustainability with HVO Insetting

Posted on 4, October 2023 by

(IN BRIEF) Kuehne+Nagel, a global logistics leader, has launched a Book & Claim insetting solution for road logistics customers who purchase Hydrotreated vegetable oil (HVO) to reduce transport emissions. This offering complements existing solutions for maritime biofuels and SAF in … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Switzerland, Transportation & Logistics

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E.ON to Deploy Over 1,200 Fast Charging Stations Across Germany as Part of Deutschlandnetz

Posted on 28, September 2023 by

(IN BRIEF) E.ON has secured a contract to construct and manage more than 1,200 new fast charging stations at approximately 140 locations in Germany as part of the “Deutschlandnetz” initiative led by the Ministry of Digital Affairs and Transport. The … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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TotalEnergies to Expand High-Power EV Charging Network with 1,100 New Points Across Germany

Posted on 28, September 2023 by

(IN BRIEF) TotalEnergies has secured a contract to install and operate 1,100 high-power charge points (HPC) for electric vehicles (EVs) as part of the German government’s “Deutschlandnetz” initiative. These charging points, offering up to 200 kW charging power, will be … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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Continental Launches AllSeasonContact 2 Tire: Enhanced Efficiency, Safety, and Driving Pleasure

Posted on 27, September 2023 by

(IN BRIEF) Continental has introduced the AllSeasonContact 2 tire just in time for the fall tire-changing season, promising improved efficiency, safety, and driving enjoyment throughout the year. This new all-weather tire addresses the typical challenges faced by all-season tires, particularly … Read the full press release →

Posted in Automotive, Business, Germany, Industrial, Management, News, Security & Safety, Technology

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Plenitude, Eni’s Renewable Energy Arm, Expands Presence in Kazakhstan with 50 MW Photovoltaic Plant

Posted on 27, September 2023 by

(IN BRIEF) Plenitude, a subsidiary of Eni focused on renewable energy, has inaugurated its first photovoltaic plant in Kazakhstan near Shaulder village in the Turkistan Region. With an installed capacity of 50 MW, this facility marks Plenitude’s entry into the … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News

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Michelin’s Acquisition of Flex Composite Group Puts It at the Helm of High-Tech Fabric and Film Leadership

Posted on 27, September 2023 by

(IN BRIEF) Michelin has successfully completed its acquisition of Flex Composite Group (FCG) as part of its Michelin in Motion 2030 strategy, cementing its position as a leader in high-tech engineered fabrics and films. FCG, a European leader in this … Read the full press release →

Posted in Automotive, Business, Financial, France, Industrial, Investment, Management, News

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