Search Results for: electric cars

Stellantis Unveils Five World Premieres and Showcases Leapmotor Partnership at 2024 Paris Motor Show

Posted on 26, September 2024 by

(IN BRIEF) Stellantis made a strong impression at the 2024 Paris Motor Show, unveiling five world premieres from its brands Citroën, Peugeot, and Alfa Romeo. Additionally, the show marked the debut of the Chinese brand Leapmotor in partnership with Stellantis, … Read the full press release →

Posted in Automotive, Business, Financial, France, Government, Industrial, Investment, Management, Marketing, Media, Netherlands, News, Technology, Transportation & Logistics

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Bentley Unveils Fourth-Generation Continental GT on Founder’s Birthday, Setting New Standards in Power and Luxury

Posted on 17, September 2024 by

(IN BRIEF) Bentley Motors has commenced production of the fourth-generation Continental GT, with the first model finished in Tourmaline Green to commemorate the 136th birthday of company founder, W.O. Bentley. This model, part of Bentley’s UK Press Fleet, will later … Read the full press release →

Posted in Automotive, Business, Financial, Industrial, Investment, Management, Media, News, Technology, United Kingdom

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€97 Million Investment to Boost Sicily’s Renewable Energy with New Wind Farm

Posted on 17, September 2024 by

(IN BRIEF) The European Investment Bank (EIB) and Natixis CIB are providing €97 million in financing to Libeccio S.r.l. for a new wind farm in Mazara del Vallo, Sicily. With a capacity of 44.8 MW, the wind farm will provide … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News

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Škoda Auto’s Kvasiny and Vrchlabí Plants Mark Decades of Innovation and Sustainable Growth

Posted on 3, September 2024 by

(IN BRIEF) Škoda Auto is celebrating major anniversaries for its Kvasiny and Vrchlabí plants, marking 90 and 160 years of operation, respectively. The Vrchlabí plant, originally a carriage manufacturer, has evolved into a cutting-edge facility producing automatic transmissions, achieving carbon … Read the full press release →

Posted in Automotive, Business, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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Bosch Engineering Launches Advanced Tram Assist Suite to Enhance Urban Rail Safety and Efficiency

Posted on 14, August 2024 by

(IN BRIEF) Bosch Engineering has introduced its innovative tram assist suite, a comprehensive driver assistance system designed to improve safety and reduce operational disruptions in urban rail systems. The suite includes features such as forward, near range, flank, and focus … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics

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Stadler Showcases Future of Rail Transport at InnoTrans 2024

Posted on 7, August 2024 by

(IN BRIEF) At InnoTrans 2024, Stadler will unveil a range of innovative rail solutions, including the zero-emission RS ZERO, the CITYLINK tram-train, and the bi-mode Class 99 locomotive. Highlights also include new underground trains for Berlin and battery-powered FLIRT Akku … Read the full press release →

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

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Stadtwerke Stuttgart’s New Headquarters Sets Benchmark for Smart, Sustainable Urban Energy Solutions

Posted on 19, July 2024 by

(IN BRIEF) Siemens Smart Infrastructure and Stadtwerke Stuttgart GmbH have partnered to promote sustainable urban energy in Stuttgart. The newly inaugurated Stadtwerke Stuttgart headquarters showcases advanced building and energy management systems using Siemens Xcelerator applications. These systems connect buildings and … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Infrastructure & Utilities, News, Switzerland, Technology

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Volkswagen Appoints Martin Sander as Sales, Marketing, and After Sales Board Member

Posted on 6, June 2024 by

(IN BRIEF) Volkswagen Passenger Cars is gearing up for a change in its leadership as Martin Sander prepares to take the helm as the new Board Member for Sales, Marketing, and After Sales starting July 1, 2024. Succeeding Imelda Labbé, … Read the full press release →

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

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Bosch Engineering and Ligier Automotive Push Boundaries with Hydrogen-Powered Racing Innovation

Posted on 14, May 2024 by

(IN BRIEF) Bosch Engineering and Ligier Automotive are advancing clean energy technologies in motorsport by enhancing their hydrogen-powered demonstrator vehicle. Recent intensive testing has focused on optimizing the vehicle’s engine and overall performance for endurance and robustness, achieving impressive power, … Read the full press release →

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

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Bentley Unveils Cutting-Edge Compact Full Spectrum Driving Simulator for Sustainable Luxury Car Development

Posted on 3, May 2024 by

(IN BRIEF) Bentley Motors introduced its new Compact Full Spectrum Driving Simulator, set to be installed at its Dream Factory in Crewe. The innovative simulator, developed by VI-grade, offers a sustainable alternative to physical testing and will significantly reduce the … Read the full press release →

Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom

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Ørsted’s Offshore Wind Projects Drive Profit Growth in Q1 2024

Posted on 2, May 2024 by

(IN BRIEF) Ørsted’s interim report for the first quarter of 2024 reveals operating profit in line with expectations, with a notable 18% increase in offshore site earnings, attributed to factors such as higher wind speeds and successful project completions. The … Read the full press release →

Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News

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Siemens Mobility Selected as Preferred Bidder for Brightline West High-Speed Rail Project

Posted on 2, May 2024 by

(IN BRIEF) Brightline has announced Siemens Mobility as the “preferred bidder” to manufacture ten “American Pioneer 220” (AP 220) train sets for the Brightline West high-speed rail project connecting Las Vegas and Southern California, with service expected to commence in … Read the full press release →

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

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Daimler Truck Reaches Milestone: 1 Millionth Freightliner Cascadia Produced

Posted on 24, April 2024 by

(IN BRIEF) Daimler Truck AG celebrates a monumental achievement with the production of the 1 millionth Freightliner Cascadia heavy-duty truck, marking a significant milestone in the North American trucking industry. Since its debut in 2007, the Cascadia has been at … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics

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Covestro and Chaoyang University of Technology Join Forces for Environmental Education

Posted on 23, April 2024 by

(IN BRIEF) In a significant collaboration for Earth Day 2024, Covestro Taiwan and Chaoyang University of Technology have signed a Corporate Social Responsibility (CSR) plus University Social Responsibility (USR) MOU. This partnership expands their existing cooperation to develop an environmental … Read the full press release →

Posted in Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology

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Bosch Maintains Growth Trajectory Amidst Challenging Economic Landscape

Posted on 18, April 2024 by

(IN BRIEF) Despite facing a challenging economic climate, the Bosch Group showcased growth and profitability in the 2023 business year. With sales reaching 91.6 billion euros and an EBIT margin from operations up by 5.3 percent year-on-year, the company is … Read the full press release →

Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology

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MAHLE’s Remarkable Rebound: Record Sales and Strategic Success in 2023

Posted on 16, April 2024 by

(IN BRIEF) MAHLE, a leading automotive supplier, marks a significant turnaround in its business trajectory with record sales of €12.8 billion in 2023, despite global challenges and rising costs. The company reports a positive group result and a notable increase … Read the full press release →

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

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EBRD Supports Avis Greece’s Green Fleet Transition with €108.3 Million Loan

Posted on 12, April 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €108.3 million loan to Avis Greece to aid in the electrification of its car fleet. This investment is part of Avis Greece’s initiative to replace internal-combustion-engine vehicles … Read the full press release →

Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology, United Kingdom

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Peel Ports and E.ON Forge Green Energy Partnership to Revolutionize Port Operations

Posted on 9, April 2024 by

(IN BRIEF) Peel Ports Group partners with E.ON to initiate ambitious solar and wind projects at the Port of Liverpool, aiming to achieve net-zero emissions by 2040. The collaboration kicks off with plans for the installation of the UK’s largest … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom

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Volkswagen’s GTI Fanfest 2024: A Celebration of Icons Coming Home

Posted on 9, April 2024 by

(IN BRIEF) Volkswagen announces the upcoming GTI Fanfest, scheduled from July 26-28 at the Volkswagen Arena in Wolfsburg, with the theme “Icons Coming Home.” Tickets are available for purchase, offering access to a range of activities including car displays, stage … Read the full press release →

Posted in Automotive, Business, Entertainment, Germany, Industrial, Management, Marketing, Media, News, Technology

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Infineon Solidifies Global Leadership in Automotive Semiconductors

Posted on 9, April 2024 by

(IN BRIEF) Infineon Technologies AG maintained its position as the global leader in automotive semiconductors in 2023, as per TechInsights’ latest research. With the global automotive semiconductor market reaching a record size of US$69.2 billion, Infineon’s market share increased to … Read the full press release →

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

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MONETA and EIB Team Up to Boost Sustainable Business Growth in Czechia

Posted on 3, April 2024 by

(IN BRIEF) In a strategic move, MONETA secures a €100 million loan from the European Investment Bank (EIB), earmarked to enhance economic prospects for small and mid-sized businesses in Czechia. With a commitment to allocate at least 12% of the … Read the full press release →

Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business

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

Posted on 29, March 2024 by

(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 →

Posted in Automotive, Germany, Industrial, Technology, Transportation & Logistics

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NIB Partners with Aalto University Foundation to Enhance Campus Infrastructure in Espoo, Finland

Posted on 28, March 2024 by

(IN BRIEF) Nordic Investment Bank (NIB) and Aalto University Foundation sign a EUR 45 million loan agreement for the construction and renovation of Aalto University campus buildings in Espoo, Finland. The funding supports projects aimed at enhancing higher education, research, … Read the full press release →

Posted in Banks, Construction, Education, Financial, Finland, Industrial, Infrastructure & Utilities

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

Posted on 25, March 2024 by

(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 →

Posted in Awards, Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Transportation & Logistics, Travel

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ProCredit Group’s Sustainable Growth: Impact Report 2023 Reveals Climate Commitment and Social Progress

Posted on 21, March 2024 by

(IN BRIEF) ProCredit Group, with a focus on South Eastern and Eastern Europe, unveils its Impact Report for the 2023 financial year, showcasing its robust commitment to sustainability. The report highlights achievements such as the inauguration of the “ProEnergy” solar … Read the full press release →

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

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

Posted on 15, March 2024 by

(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 →

Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, Media, News, Transportation & Logistics

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Volkswagen Group’s Robust Financial Results Set Stage for Accelerated Transformation in 2024

Posted on 14, March 2024 by

(IN BRIEF) Despite facing challenging conditions in 2023, Volkswagen Group achieved robust financial results, showcasing its resilience and adaptability. With a strong focus on electrification and a flexible product strategy, the Group successfully met customers’ needs globally. The year also … Read the full press release →

Posted in Automotive, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

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

Posted on 13, March 2024 by

(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 →

Posted in Automotive, Germany, Industrial, Security & Safety, Technology

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

Posted on 13, March 2024 by

(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 →

Posted in Automotive, Awards, Business, Environment, Industrial, Management, News, Technology, Transportation & Logistics, United Kingdom

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EuroMaint Inaugurates State-of-the-Art Maintenance Center in Nässjö, Sweden

Posted on 11, March 2024 by

(IN BRIEF) EuroMaint, a subsidiary of the CAF Group and a leading railway services provider, marks the opening of a modern maintenance center in Nässjö, Sweden. The 35,000 square meters facility, strategically located, will maintain new trains delivered by CAF … Read the full press release →

Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Sweden, Technology

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

Posted on 8, March 2024 by

(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 →

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

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

Posted on 7, March 2024 by

(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 →

Posted in Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology

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Triton Unveils Merger of Assemblin and Caverion, Creating Premier Technical Service Group

Posted on 5, March 2024 by

(IN BRIEF) Triton announces the strategic combination of its portfolio companies, Assemblin and Caverion, into the newly formed Assemblin Caverion Group, headquartered in Sweden. This merger, aimed at capitalizing on complementary strengths and expanding service offerings, marks Triton’s continued investment … Read the full press release →

Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology

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Henkel’s Sustainability Report 2023 Highlights Strong Environmental and Social Progress

Posted on 4, March 2024 by

(IN BRIEF) Henkel’s recently published sustainability report for 2023 underscores the company’s significant strides in advancing its global sustainability strategy. Notable achievements include a 61 percent reduction in CO2 emissions per metric ton of product since 2010 and an increase … Read the full press release →

Posted in Business, Chemicals, Environment, Germany, Industrial, Management, News

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Vattenfall Advances Plans for Negative Emissions Facility in Jordbro, Stockholm

Posted on 27, February 2024 by

(IN BRIEF) Vattenfall is progressing with its initiative to establish a facility in Jordbro, Stockholm, capable of capturing up to 150,000 tonnes of carbon dioxide annually from a biomass-fueled heat plant. This endeavor represents a crucial step towards achieving negative … Read the full press release →

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

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

Posted on 26, February 2024 by

(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 →

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

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

Posted on 24, February 2024 by

(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 →

Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom

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Maersk Unveils Cutting-Edge Cold Chain Facility in New Zealand’s Golden Triangle

Posted on 21, February 2024 by

(IN BRIEF) A.P. Moller-Maersk (Maersk) has inaugurated its largest infrastructure investment in New Zealand with the opening of its integrated cold chain facility at the Ruakura Superhub in Hamilton. Costing approximately NZD 140-150 million, the facility offers end-to-end supply chain … Read the full press release →

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

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

Posted on 16, February 2024 by

(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 →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Science, Switzerland, Technology

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Pike Solar Project by JUWI Marks Major Leap in Colorado’s Renewable Energy Landscape

Posted on 13, February 2024 by

(IN BRIEF) JUWI, a subsidiary of MVV, has completed the construction of the Pike Solar project in Colorado, the largest PV project in its history, generating 223.6 megawatts. The solar park will supply energy to Colorado Springs Utilities under a … Read the full press release →

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

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