Search Results for: electric vehicles

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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Pioneering Collaboration Transforms Sustainable Transport for IKEA in Portugal

Posted on 19, June 2024 by

(IN BRIEF) IKEA, in partnership with Scania Group and transporter KLOG, is launching heavy-duty electric vehicles for transporting its products in Portugal. Starting in late June, these vehicles will move goods from the IKEA Industry factory in Paços de Ferreira … Read the full press release →

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

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WACKER Unveils Advanced Silicone Solutions for Battery Safety and Efficiency at Battery Show Europe 2024

Posted on 18, June 2024 by

(IN BRIEF) WACKER, a Munich-based chemical company, is set to unveil its latest silicone innovations at Battery Show Europe 2024 in Stuttgart. The focus will be on ELASTOSIL® CM 185, a new silicone rubber compound designed for battery safety in … Read the full press release →

Posted in Business, Chemicals, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, Media, News, Technology

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Capgemini and Equigy Partner to Transform Europe’s Energy Grid with New Crowd Balancing Platform

Posted on 14, June 2024 by

(IN BRIEF) Capgemini has entered into a long-term agreement with Equigy, a collaborative platform of European Transmission Systems Operators (TSOs), to develop a Crowd Balancing Platform (CBP). This platform aims to optimize the management of electricity supply and demand across … Read the full press release →

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

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SGS Advances Sustainable Battery Metal Extraction in North America

Posted on 14, June 2024 by

(IN BRIEF) SGS has launched multiple sustainable initiatives across North America aimed at extracting critical battery metals more responsibly. These efforts include pioneering environmentally friendly methods for mining nickel and cobalt sulfates from the seafloor with The Metals Company, supporting … Read the full press release →

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

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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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AF Gruppen Subsidiary Set to Construct Modern Business Hub in Osterøy, Norway with NOK 111 Million Project

Posted on 6, June 2024 by

(IN BRIEF) Helgesen Tekniske Bygg AS (HTB), a subsidiary of AF Gruppen, has secured a turnkey contract worth NOK 111 million excluding VAT with Høgafjellet Eigedom AS for the construction of a new warehouse and logistics facility in Espevoll, Osterøy … Read the full press release →

Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway

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Breaking Boundaries: T-Systems and Aurora Labs Set New Standards in Automotive Software Evolution

Posted on 5, June 2024 by

(IN BRIEF) T-Systems, a leading European digital services provider under Deutsche Telekom, and Aurora Labs, an innovative AI-driven automotive software company, have jointly unveiled their collaborative venture to offer Aurora Labs’ cutting-edge differential software update capabilities alongside T-Systems’ comprehensive Over-the-Air … Read the full press release →

Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

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E.ON Forges Ahead with Strategic Leadership Changes

Posted on 3, June 2024 by

(IN BRIEF) E.ON, a major player in the energy sector, has finalized its board restructuring, appointing Marc Spieker as Chief Operating Officer Commercial and Nadia Jakobi as Chief Financial Officer, underlining a strategic pivot towards sustainable energy solutions. CEO Leonhard … Read the full press release →

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

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STMicroelectronics Announces Multi-Billion Euro Investment in SiC Manufacturing Facility in Italy

Posted on 31, May 2024 by

(IN BRIEF) STMicroelectronics, a global semiconductor leader, has unveiled plans for a new high-volume silicon carbide (SiC) manufacturing facility in Catania, Italy. This facility, part of ST’s Silicon Carbide Campus, will be fully integrated, covering R&D, manufacturing, testing, and packaging, … Read the full press release →

Posted in Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology

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JLR Achieves Milestone: Over 20,000 Employees Trained in Electrification and Digital Skills

Posted on 30, May 2024 by

(IN BRIEF) Jaguar Land Rover (JLR) celebrates a significant milestone as it announces that over 20,000 colleagues and partners have completed training in electrification and digital skills under its Future Skills Programme. This initiative aligns with JLR’s Reimagine Strategy, aiming … Read the full press release →

Posted in Artificial Intelligence (AI), Automotive, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Management, News, Technology, United Kingdom

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BBVA Expands Emission Reduction Targets to Real Estate and Aluminum Sectors

Posted on 30, May 2024 by

(IN BRIEF) BBVA, in its commitment to decarbonization, has expanded its intermediate emission reduction targets for 2030 to include the real estate sector in Spain and the global aluminum industry. These sectors join the list of targets set by the … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Real Estate, Spain

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Barclays and Unreasonable Impact Welcome 12 Ventures Advancing Sustainability in Asia Pacific

Posted on 24, May 2024 by

(IN BRIEF) Unreasonable Impact, in collaboration with Barclays, has unveiled the latest cohort of ventures joining its Asia Pacific program, aimed at fostering sustainable solutions to pressing societal and environmental challenges. The 12 ventures selected span diverse sectors, from healthcare … Read the full press release →

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

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Kontron AG Secures EUR 200 Million Contract to Supply Smart EV Charging Stations

Posted on 21, May 2024 by

(IN BRIEF) Kontron AG, a prominent player in IoT technology, has been authorized to provide smart charging stations for electric vehicles to one of the world’s largest car manufacturers, with series production set to commence in July 2024. Leveraging the … Read the full press release →

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

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Rheinmetall Secures €7.7 Million Funding for Hydrogen and Electrification Innovations

Posted on 17, May 2024 by

(IN BRIEF) Technology group Rheinmetall has secured substantial subsidies totaling around €7.7 million from the German federal government and the state of North Rhine-Westphalia for the development of innovative hydrogen and electrification solutions. These projects, in collaboration with industry and … 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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Energinet Partners with Siemens Energy to Accelerate Green Grid Expansion in Western Denmark

Posted on 16, May 2024 by

(IN BRIEF) Energinet, Denmark’s National Electricity Transmission System Operator, has awarded Siemens Energy a comprehensive contract to expand the power grid in Western Denmark over the next eight years. With plans to construct approximately 50 new or reinforced 150 kV … Read the full press release →

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

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Siemens and Foxconn Forge Alliance to Revolutionize Smart Manufacturing and Sustainability

Posted on 15, May 2024 by

(IN BRIEF) Siemens AG and Hon Hai Technology Group (Foxconn) have inked a memorandum of understanding (MoU) to spearhead digital transformation and sustainability in smart manufacturing platforms. This collaboration aims to optimize global manufacturing processes, particularly in electronics, information and … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology

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Stellantis and Leapmotor Finalize Formation of Leapmotor International, Paving the Way for Global Expansion of EV Lineup

Posted on 14, May 2024 by

(IN BRIEF) Stellantis and Leapmotor have successfully completed the formation of Leapmotor International B.V., a joint venture led by Stellantis with a 51% stake, aimed at expanding the global reach of Leapmotor’s electric vehicle lineup. Spearheaded by CEO Tianshu Xin, … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, 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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Rheinmetall Expands Electromobility Reach with Major Orders for Heat Pump Solution

Posted on 3, May 2024 by

(IN BRIEF) Rheinmetall has secured significant new orders for its plug-and-play heat pump solution, signaling expansion into diverse applications within electromobility. The first order, valued in the high single-digit million euro range, comes from an international expert in electric bus … Read the full press release →

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

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State of Berlin Acquires Vattenfall’s Heating Business in Billion-Euro Deal

Posted on 3, May 2024 by

(IN BRIEF) Vattenfall has finalized the transfer of all shares in Vattenfall Wärme Berlin AG, including power plants, grids, subsidiaries, and employees, to the State of Berlin for approximately 1.4 billion euros. This strategic move aligns with Berlin’s goal to … Read the full press release →

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

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Rheinmetall Launches Innovative Curb Charger Pilot Project in Nörvenich

Posted on 30, April 2024 by

(IN BRIEF) Rheinmetall, in collaboration with the municipality of Nörvenich and Westenergie AG, has initiated a pilot project to trial curb chargers on public roads in Nörvenich. This project aims to integrate Rheinmetall’s curb chargers into the municipality’s infrastructure, providing … 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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Husqvarna Group Achieves 51% Reduction in CO2 Emissions, Exceeding Targets Amid Sales Surge

Posted on 29, April 2024 by

(IN BRIEF) Husqvarna Group, a leading provider of outdoor power products, has achieved a remarkable milestone by halving its absolute CO2 emissions compared to the 2015 baseline year, surpassing its sustainability targets. Despite a significant increase in sales by 47%, … Read the full press release →

Posted in Business, Electronics & Machinery, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology

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Volkswagen’s Elli and EnerKíte Introduce Game-Changing Energy-Autonomous EV Charging Solution

Posted on 24, April 2024 by

(IN BRIEF) At the Hannover Messe, Volkswagen Group’s subsidiary Elli, in collaboration with airborne wind turbine manufacturer EnerKíte and the Technical University of Braunschweig, unveils a pioneering research project with potential to revolutionize electric vehicle charging. The project harnesses high-altitude … Read the full press release →

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

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ROHM and STMicroelectronics Expand SiC Substrate Supply Deal to Bolster Semiconductor Capacity

Posted on 23, April 2024 by

(IN BRIEF) ROHM and STMicroelectronics have announced the expansion of their multi-year agreement for the supply of silicon carbide (SiC) substrate wafers. This deal, valued at a minimum of $230 million, will see larger volumes of SiC substrate wafers being … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology

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NatWest SME PMI® Tracker Shows UK SMEs Optimistic Amidst Recovery and Sustainable Investment Plans

Posted on 20, April 2024 by

(IN BRIEF) The latest NatWest SME PMI® Tracker reveals a robust expansion in business activity among UK SMEs during the first quarter of the year, with a Business Activity Index of 52.6 in March, indicating growth. This growth is largely … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom

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AIXTRON Clinches German Innovation Award, Pioneering Green Semiconductor Revolution

Posted on 19, April 2024 by

(IN BRIEF) AIXTRON, renowned for its semiconductor deposition equipment, secures the prestigious German Innovation Award, topping the large companies’ category. Recognized for innovations driving Germany’s competitiveness and addressing global challenges, AIXTRON’s latest G10 product family heralds a new era in … Read the full press release →

Posted in Awards, Germany, Industrial, 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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EIB Board Greenlights €4.3 Billion Investment Across Europe for Sustainable Development

Posted on 16, April 2024 by

(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release →

Posted in Austria, Banks, Business, Czech Republic, Economy, Environment, Financial, France, Germany, Government, Hungary, Industrial, Investment, Italy, Lithuania, Luxembourg, Management, News, Slovakia

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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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Driving Sustainability: Vitesco Technologies Teams Up with DHL for Logistics Transformation

Posted on 11, April 2024 by

(IN BRIEF) Vitesco Technologies announces a strategic partnership with DHL Supply Chain as its Lead Logistics Partner (LLP) in Europe, aiming to enhance sustainability, resilience, and efficiency in its logistics operations. Starting March 2024, DHL will centrally manage logistics flows … Read the full press release →

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

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European Auto Industry CEOs Gather for Green Transition Talks with EU Commissioner

Posted on 11, April 2024 by

(IN BRIEF) Thirteen CEOs from leading European vehicle manufacturers and automotive suppliers convened with EU Commissioner for Climate Action, Wopke Hoekstra, for an ‘Automotive Roundtable’ to discuss the green transition of the sector. The dialogue, following a meeting with President … Read the full press release →

Posted in Automotive, Belgium, Business, Environment, European Union, Financial, Government, Industrial, Investment, Management, Media, News, Technology

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Vitesco Technologies Partners with DHL Supply Chain for Sustainable Logistics Solutions

Posted on 10, April 2024 by

(IN BRIEF) Vitesco Technologies announces a strategic partnership with DHL Supply Chain as a Lead Logistics Partner (LLP), aiming to enhance sustainability, resilience, and efficiency in logistics. Under this partnership, DHL will centrally manage logistics flows for Vitesco Technologies’ twelve … Read the full press release →

Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Poland, Transportation & Logistics

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The Hague Partners with Vattenfall InCharge to Expand Public Charging Infrastructure

Posted on 4, April 2024 by

(IN BRIEF) The Municipality of The Hague in the Netherlands has selected Vattenfall InCharge to manage and maintain its 5,400 public charging points, with plans to add 3,200 more over the next four years. This expansion aims to support sustainable … Read the full press release →

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

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Adrian Hallmark Steps Down from Bentley Motors: A Legacy of Luxury and Sustainability

Posted on 22, March 2024 by

(IN BRIEF) Adrian Hallmark, Chairman and CEO of Bentley Motors, is leaving the company by mutual consent to pursue new ventures outside the Volkswagen Group. During his six-year tenure, Hallmark spearheaded Bentley’s transformation, launching new luxury models and setting a … Read the full press release →

Posted in Automotive, Business, Environment, Industrial, Management, News, United Kingdom

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EIB Supports Iberdrola’s Green Grid Expansion with €700 Million Loan

Posted on 18, March 2024 by

(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million green loan to facilitate the expansion of Iberdrola’s electricity distribution grid in Spain, aiming to enhance the integration of renewable energy sources and enable new uses such as … Read the full press release →

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

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Rheinmetall AG Continues Growth Trajectory with Record Earnings and Order Backlog

Posted on 14, March 2024 by

(IN BRIEF) Rheinmetall AG, headquartered in Düsseldorf, has achieved record earnings and order backlog figures in fiscal year 2023, continuing its growth trajectory. The company’s focus on the defence sector, particularly amid a changed threat situation in Europe, has led … Read the full press release →

Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology

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ABB Strengthens US Robotics Leadership with Expanded Facility in Auburn Hills, Michigan

Posted on 14, March 2024 by

(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology

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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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