Search Results for: electric vehicles

50 Years of Volkswagen’s Iconic Golf: A Legacy of Innovation and Success

(IN BRIEF) Volkswagen celebrates 50 years of the Golf, Europe’s most successful car, with over 37 million units sold worldwide. Since its debut in 1974, the Golf has set industry standards, introducing innovations in technology, safety, and design across its … Read the full press release

BBVA Exceeds Renewable Energy Goals and Reduces Carbon Footprint

(IN BRIEF) BBVA Group reports significant achievements in its environmental sustainability efforts, with 96 percent of its power consumption sourced from renewable energy in 2023, surpassing its 70 percent target for 2025. The bank also managed to reduce its carbon … Read the full press release

Infineon Unveils SSO10T TSC Package: Revolutionizing Automotive Power Designs

(IN BRIEF) Infineon Technologies AG launches the SSO10T TSC package, integrating OptiMOS™ MOSFET technology with a direct top-side cooling concept, ensuring superior thermal performance in automotive electronic control units. This innovative package facilitates a compact double-sided PCB design, significantly reducing … Read the full press release

Hiab Unveils Next-Generation Emission-Free Hybrid Crane Solutions

(IN BRIEF) Hiab, a part of Cargotec, introduces a new lineup of emission-free electric hybrid crane solutions, known as HIAB wspr, offering versatility and sustainability for various segments. These cranes, powered by both truck engines and electric power take-off (ePTO), … Read the full press release

Stadler’s FLIRT H2 Sets Guinness World Record for Longest Hydrogen Train Journey

(IN BRIEF) Stadler proudly announces that its FLIRT H2 has secured a place in the Guinness World Records database for traveling the longest distance (1,741.7 miles) by a hydrogen fuel cell electric multiple unit passenger train without refueling. This achievement … Read the full press release

Government Funds Stagecoach for Zero-Emission Buses: A Green Transit Revolution

(IN BRIEF) Stagecoach, the UK’s leading bus and coach operator, applauds the government’s investment of £143 million to introduce more zero-emission buses across England through the Zero Emission Bus Regional Areas (ZEBRA) scheme. Transport Secretary Mark Harper announced the funding … Read the full press release

Rheinmetall Expands Vehicle Portfolio with Acquisition of Dutch Startup REEQ

(IN BRIEF) Rheinmetall, a leading technology group, has bolstered its vehicle portfolio by acquiring the Dutch startup REEQ, marking a strategic move towards innovative light hybrid vehicles. The acquisition, completed by Rheinmetall Defence Nederland B.V., a subsidiary of Rheinmetall’s Vehicle … Read the full press release

Mercedes me Eco Coach App Surpasses 200,000 Users, Enhances Environmental Awareness

(IN BRIEF) With over 200,000 registered users, the Mercedes me Eco Coach app has become a popular tool for promoting environmentally conscious driving behavior among electric car and plug-in hybrid owners. The app serves as a digital personal trainer, offering … Read the full press release

Swissport Launches Operations at Palma de Mallorca Airport, Pledges to Drive Sustainability

(IN BRIEF) Swissport has commenced operations at Palma de Mallorca (PMI), Spain’s third-largest airport and a significant European tourist destination. With a workforce of 300, including 64.9 percent electrically powered vehicles, Swissport aims to contribute to sustainable air traffic in … Read the full press release

Continental SportContact 7 Dominates Auto Bild sportscars UHP Summer Tire Test

(IN BRIEF) In a recent evaluation by Auto Bild sportscars, the Continental SportContact 7 UHP summer tire emerged as the undisputed champion, securing top honors with an overall score of 1.2. Tested against six competitors on wet and dry roads, … Read the full press release

Mercedes-Benz Trucks Classic Collection Welcomes Restored 1899 Daimler Cardan-Truck: A Journey Through Time

(IN BRIEF) The Mercedes-Benz Trucks Classic Collection proudly introduces the restoration of the 1899 Daimler Cardan-Truck, a remarkable piece of automotive history. Originally utilized by the Stuttgart Municipal Water Works until 1923, this pioneering vehicle has undergone meticulous restoration after … Read the full press release

Bentley Secures Coveted Title of Britain’s Most Admired Automotive Manufacturer for Third Time

(IN BRIEF) Bentley Motors has been crowned Britain’s Most Admired Automotive Manufacturer for the third time in five years, reaffirming its status as an industry leader. The accolade, bestowed through the UK’s longest-running corporate reputational survey, underscores Bentley’s exceptional lineup … Read the full press release

Continental’s PremiumContact 7 Earns Top Rating in Auto Bild Summer Tire Test

(IN BRIEF) Continental’s PremiumContact 7 summer tire has achieved an exemplary top rating in the latest test conducted by the German trade magazine Auto Bild. Out of 54 other summer tire models tested on a VW Golf VIII, the PremiumContact … Read the full press release

Airbus Unveils CityAirbus NextGen Prototype, Paving the Way for Advanced Air Mobility

(IN BRIEF) Airbus has revealed its latest innovation, the CityAirbus NextGen prototype, signaling a significant advancement in the realm of Advanced Air Mobility (AAM). The fully electric aircraft, designed for urban operations, boasts a two-tonne class and an impressive 80 … Read the full press release

Stellantis Pours €5.6 Billion into South America: A Game-Changer for the Region’s Automotive Sector

(IN BRIEF) Stellantis has unveiled an ambitious investment plan of €5.6 billion in South America, marking the largest ever investment in the region’s automotive industry. This substantial funding will span from 2025 to 2030 and will facilitate the introduction of … Read the full press release

Daimler Truck Leads Safety Innovation for European Roadways with Enhanced Vehicle Systems

(IN BRIEF) Daimler Truck is at the forefront of safety innovation as stricter EU regulations for new trucks, buses, and coaches are set to take effect in July 2024. With its latest safety systems, Daimler Truck not only meets but … Read the full press release

Jacky Perrenot to Acquire Agediss, Expanding Logistics Dominance in France and Europe

(IN BRIEF) French transport giant Jacky Perrenot has finalized an agreement to acquire 100 percent of the shares in Agediss, a leading 2-man handling specialist for furniture and large-volume goods in France. The acquisition, signed on February 10, 2024, marks … Read the full press release

Abeking & Rasmussen Unveils Largest Superyacht with Record-breaking Features and Sophisticated Propulsion System

(IN BRIEF) Abeking & Rasmussen, renowned shipbuilders based in Germany, has introduced Liva°, the largest superyacht to date spanning over 118 meters. This masterpiece showcases not only impressive dimensions but also record-breaking features, including a sleek black hull and seamlessly … Read the full press release

Vectron Locomotives: Railpool’s Strategic Investment with Siemens Mobility

(IN BRIEF) Railpool and Siemens Mobility have entered into a significant agreement for the delivery of up to 250 locomotives, with Railpool initially calling up 70 Vectron locomotives. These locomotives, including multisystem and AC variants, will enhance Railpool’s operational flexibility … Read the full press release

INEOS Inovyn Partners with PerPetum Energy & Green4Power to Build Belgium’s Largest Solar Farm

(IN BRIEF) INEOS Inovyn, in collaboration with PerPetum Energy and Green4Power, is constructing one of Belgium’s largest solar farms at its Jemeppe site, with a capacity of 60MW. Scheduled to be operational by July 2024, the solar farm will exclusively … Read the full press release

Telefónica Unveils New Open Innovation Strategy at 4YFN Event

(IN BRIEF) Telefónica announces its new open innovation strategy at the ‘Four years from now’ (4YFN) event, coinciding with the Mobile World Congress in Barcelona. Wayra, the company’s primary open innovation initiative, will evolve to encompass all startup investment initiatives … Read the full press release

Empa Researcher Awarded Entrepreneur Fellowship to Harness Industrial Waste Heat with Innovative Technology

(IN BRIEF) Empa researcher Andyn Omanovic, in collaboration with etavalve GmbH, a spin-off of Empa and ETH Zurich, is poised to revolutionize the utilization of industrial waste heat. Omanovic’s innovative piston machine, equipped with an electro-hydraulically actuated valve control system, … Read the full press release

Škoda Auto Showcases Commitment to Sustainability in New Museum Exhibition

(IN BRIEF) Škoda Auto’s latest exhibition at the Škoda Museum in Mladá Boleslav highlights the company’s dedication to electrification and sustainability, running until June 16th. Featuring historical and current environmental projects, the exhibit details Škoda’s strategies to reduce emissions throughout … Read the full press release

Stellantis Achieves Record Financial Performance in 2023, Proposes Increased Dividend and Share Buyback

(IN BRIEF) Stellantis N.V. has announced its exceptional full-year 2023 results, with net revenues soaring to €189.5 billion, a 6% increase year-on-year, accompanied by a remarkable 11% rise in net profit to €18.6 billion. The company also reported a substantial … Read the full press release

Stadler and SBB Expand Rail Connectivity with Five New Giruno High-Speed Trains

(IN BRIEF) Swiss rail operator SBB has placed an order for five additional Giruno high-speed trains from Stadler, aiming to bolster its international services to Italy and enhance accessibility and comfort for passengers. Manufactured at Stadler’s production plant in Bussnang, … Read the full press release

Continental’s AIBA Facility Marks Milestone with Over a Million Test Drives

(IN BRIEF) Continental’s cutting-edge tire braking test facility, the Automated Indoor Braking Analyzer (AIBA), has achieved a significant milestone, completing over a million test drives since its inception in 2012. The AIBA facility, renowned for its fully automated, climate-controlled environment, … Read the full press release

Spanish Companies Collaborate on World’s First Hydrogen-Powered High-Speed Train Project

(IN BRIEF) Ten Spanish companies are joining forces for the groundbreaking Hympulso project, aiming to develop a renewable hydrogen fuel cell-based propulsion system for a high-speed train. Led by Talgo, the initiative includes partners like Golendus, Ingeteam, Repsol, Sener, and … Read the full press release

New ACEA Chair Domenico Nucera Aims to Lead Bus Sector Toward Decarbonization

(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

DAF Trucks’ Harald Seidel Elected Chairman of ACEA Commercial Vehicle Board for 2024

(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

Siemens Enhances eMobility Portfolio with Acquisition of Heliox, a Leader in DC Fast Charging Solutions

(IN BRIEF) Siemens AG has successfully acquired Heliox, a renowned provider of DC fast charging solutions for eBus, eTruck fleets, and passenger vehicles. The Netherlands-based Heliox, with around 330 employees, brings a range of charging products from 40 kW to … Read the full press release

Mercedes-Benz Unveils Hyper-Personalized User Experience and Innovative Entertainment at CES 2024

(IN BRIEF) Mercedes-Benz unveils a series of digital advancements and collaborations at CES 2024, focusing on delivering a hyper-personalized user experience in their vehicles. The key highlight is the MBUX Virtual Assistant, powered by generative AI and advanced 3D graphics, … Read the full press release

Iberdrola Initiates Vineyard Wind I: The First Large-Scale Offshore Wind Farm in the US

(IN BRIEF) Iberdrola has commenced the commissioning of the Vineyard Wind I offshore wind farm, marking the first major offshore wind project of its kind in the United States. With a capacity of 806 MW, the facility has begun supplying … Read the full press release

Mercedes-Benz Secures Conditional Automated Driving License in Beijing, Paving the Way for Safe and Reliable Automated Driving in China

(IN BRIEF) On December 16, Mercedes-Benz achieved a significant milestone by obtaining conditional approval for its Level 3 conditionally automated driving system in Beijing, becoming one of the first automakers to do so. The automaker plans to conduct tests of … Read the full press release

Central German S-Bahn Network 2025+: Siemens Mobility’s €500 Million Order for 75 Mireo Trains

(IN BRIEF) Siemens Mobility has secured a significant order worth around €500 million to deliver 75 Mireo trains for the “Central German S-Bahn Network 2025+” (MDSB 2025+) project. The order includes 41 three-car Mireo trains, 18 four-car Mireo trains, and … Read the full press release

Volkswagen’s ID.7 Earns Top 5-Star Safety Rating in Euro NCAP Test

(IN BRIEF) Volkswagen’s new all-electric model, the ID.7, has achieved a stellar five-star safety rating in the Euro NCAP (European New Car Assessment Programme) safety test, solidifying its position among the highest-rated models of 2023 according to the independent European … Read the full press release

€500 Million Investment to Boost Sustainable Rail Travel in Italy

(IN BRIEF) In a significant move towards promoting sustainable mobility, the European Investment Bank (EIB) has committed €500 million to Ferrovie dello Stato Italiane S.p.A. (FS) to enhance rail services in Italy’s Campania and Lazio regions. This partnership aims to … Read the full press release

Bosch Unveils Central Vehicle Computer for Integrated Infotainment and Driver Assistance Functions at CES 2024

(IN BRIEF) Bosch, a leading automotive supplier, is set to demonstrate the integration of infotainment and driver assistance functions in a software-intensive central computer on a single System on Chip (SoC) at CES 2024. This central vehicle computer, known as … Read the full press release

ZF Unveils Innovative Mobility Solutions at ‘Next Generation Mobility Days’ in Shanghai

(IN BRIEF) ZF, the technology company, showcased its cutting-edge technology portfolio to over 600 representatives from around 40 Chinese automobile manufacturers during its “Next Generation Mobility Days” event in Shanghai. The event featured driving demonstrations and technical discussions, where customers … Read the full press release

EBRD’s First InvestEU Project Supports 30 MW Solar Capacity in Croatia

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is partnering with the InvestEU program for its inaugural project, aimed at supporting sustainable economic initiatives. The project involves financing the construction of 30 MW of solar generation capacity in … Read the full press release

SEB Sets Ambitious 2030 Sector Targets to Accelerate Towards Net-Zero Credit Portfolio

(IN BRIEF) SEB, a leading financial services group, has revealed its 2030 sector targets aimed at aligning its credit portfolio with net-zero emissions goals. These targets, covering sectors like oil & gas, power generation, steel, car manufacturing, and more, are … Read the full press release