Tag Archives: automotive

Virtualware Elevates to Euronext Growth with Market Cap at €36.8 Million

(IN BRIEF) Virtualware has transitioned from Euronext Access Paris to Euronext Growth (ALVIR), becoming the seventh Spanish company on the market and achieving a market capitalisation increase from €27.3 million in April 2023 to €36.8 million in June 2025. With … Read the full press release

Kissflow Doubles Down on Germany as a Strategic Growth Market with New AI Features and Enterprise Focus

(IN BRIEF) Kissflow is strategically expanding into Germany—Europe’s innovation-driven manufacturing powerhouse—by offering its intuitive low-code/no-code platform that empowers both IT teams and “citizen” developers to rapidly automate workflows, digitize processes and harness real-time data. Recognizing Germany’s booming digital transformation in … Read the full press release

Evonik Completes Global Transition of PU-Additive Production to Green Electricity, Strengthening Sustainability Commitment

(IN BRIEF) Evonik has completed the transition of its global PU-additive production sites to green electricity, aligning with its sustainability goals of reducing emissions and improving production efficiency. This shift applies to the company’s amine and silicone platforms, and includes … Read the full press release

Hydro Extrusions’ Paul Warton Appointed Chair of European Aluminium, Succeeding Philipp Schlüter

(IN BRIEF) Paul Warton, Executive Vice President of Hydro Extrusions, has been appointed the new Chair of European Aluminium, succeeding Philipp Schlüter. Warton, with over 30 years of experience in the aluminium industry, will lead the organization in promoting sustainability, … Read the full press release

Henkel Receives Texas Instruments 2024 Supplier Excellence Award for Outstanding Innovation and Teamwork

(IN BRIEF) Henkel has received the Texas Instruments 2024 Supplier Excellence Award, acknowledging its exceptional performance in die attach technology and its strong collaboration with Texas Instruments. The award highlights Henkel’s innovation, quality, and responsiveness in serving critical sectors such … Read the full press release

Henkel and Synthomer Partner to Revolutionize Sustainable Adhesive Production with Carbon Reduction Goals

(IN BRIEF) Henkel and Synthomer have formed a strategic partnership to reduce carbon emissions in the production of Henkel’s TECHNOMELT® hot melt adhesives. This collaboration focuses on integrating renewable energy in the production process and incorporates Synthomer’s CLIMA-branded products to … Read the full press release

BASF Expands Production of Semiconductor-Grade Sulfuric Acid to Meet Growing European Demand

(IN BRIEF) BASF is expanding its production of semiconductor-grade sulfuric acid at its Ludwigshafen site in Germany to meet the growing demand for chip manufacturing in Europe. The new facility, set to begin operations by 2027, will support key customers … Read the full press release

Germany Faces Increasing Competition from China in EU Export Markets, KfW Research Finds

(IN BRIEF) KfW Research’s latest study reveals that Germany is facing increased competition from China in EU export markets. While Germany still maintains higher export shares than China in most product categories, its lead is shrinking, with China expanding its … Read the full press release

Roland Welzbacher Appointed to Continental AG Executive Board as CFO

(IN BRIEF) Roland Welzbacher has been appointed to the Executive Board of Continental AG, effective August 1, 2025. He will take over as CFO from Olaf Schick, following a transition period that concludes on October 1, 2025. Welzbacher, who has … Read the full press release

Schmalz Unveils Versatile FQE-V Gripper for Enhanced Robotic Handling Solutions

(IN BRIEF) Schmalz has unveiled the FQE-V, a new, modular, and scalable gripper system for robotics, designed to handle workpieces of various sizes and shapes with precision and safety. The gripper offers customizable suction plate dimensions and suction hole grids, … Read the full press release

Revolutionising Factory Redesign: Hexagon Unveils Rapid Digital Twin Service

(IN BRIEF) Hexagon has launched a groundbreaking Digital Factory solution offered as a service, enabling rapid factory digitisation through highly accurate laser scanning technology. The service, which reduces scan times from weeks to hours, provides manufacturers with immediate access to … Read the full press release

Hexagon Launches New Robotics Division to Pioneer Autonomous Industrial Solutions

(IN BRIEF) Hexagon has announced the launch of its new Robotics division, aimed at advancing autonomous systems by leveraging its expertise in measurement technology, AI, spatial intelligence, and digital twin solutions. The division will focus on developing humanoid robotics and … Read the full press release

Neste Champions Renewable Fuels in Tour d’Europe to Accelerate Decarbonization

(IN BRIEF) Neste, a leader in renewable diesel and sustainable aviation fuel, is proud to contribute to the Tour d’Europe initiative—a three-month road trip across 23 countries that demonstrates the decarbonization potential of renewable fuels. With stops planned at Neste … Read the full press release

Vietnam Assembly Revolution: Škoda Taps Indian CKD Synergy for Local Auto Production

(IN BRIEF) Škoda Auto, in partnership with Thanh Cong Group, has inaugurated a new assembly facility in Vietnam that will locally produce the Slavia and Kushaq models from CKD kits sourced from Pune, India. The plant, located in Quang Ninh … Read the full press release

Hydro to Bolster European Energy Networks with New Wire Rod Casthouse in Karmøy

(IN BRIEF) Hydro has unveiled plans to invest in a new wire rod casthouse at its Karmøy aluminium smelter in Norway, aiming to supply aluminium for Europe’s critical energy infrastructure. With a production capacity of 110,000 tonnes per year, the … Read the full press release

Continental Taps Visionary Vincent Charles to Accelerate Future Mobility Transformations

(IN BRIEF) Continental has elevated Vincent Charles to a pivotal executive role, reflecting the company’s strategic focus on innovation and transformative leadership. Known for his extensive background in the automotive and technology industries, Charles is now charged with driving key … Read the full press release

Infineon Accelerates Edge AI with NVIDIA TAO on PSOC™ Edge MCUs

(IN BRIEF) Infineon Technologies AG has integrated NVIDIA TAO models into its PSOC Edge MCU family to accelerate the deployment of AI at the edge. This new integration, powered by Arm Cortex-M55 processors and the Ethos-U55 microNPU, simplifies the creation … Read the full press release

Industry Leaders Pioneer Circular Economy in Boat Manufacturing with Recycled Composites

(IN BRIEF) A coalition of major industry players has launched a pioneering initiative in Western France to transform boat manufacturing through a circular economy model. In this breakthrough collaboration, Groupe Beneteau will incorporate recycled composite materials, including Arkema’s innovative Elium® … Read the full press release

Infineon and Eatron Expand Partnership to Offer AI-Driven Battery Management Solutions Across Industries

(IN BRIEF) Infineon Technologies has expanded its collaboration with Eatron to offer a comprehensive battery management solution (BMS) for automotive, industrial, and consumer applications. By combining Infineon’s PSOC microcontrollers with Eatron’s AI-powered battery optimization software, the partnership aims to enhance … Read the full press release

Rheinmetall Secures €26 Million Contract to Supply High-Performance CWA2000 Pumps for Electric Vehicles and Power Plants

(IN BRIEF) Rheinmetall has secured a €26 million order for its CWA2000 high-voltage coolant pump from a well-known Asian engine manufacturer. The pumps will be used in 800V fuel cell vehicles and stationary power plants, marking a significant step in … Read the full press release