(IN BRIEF) CA Personal Finance & Mobility has finalized its acquisition of a 50% stake in GAC Finance Leasing, now rebranded as Guangzhou GAC-Sofinco Finance Leasing. This move strengthens the partnership with GAC Group and enhances their leasing offerings in … Read the full press release
Posted in Automotive, Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged 2023, AION, automotive financing, Automotive Group, CA Personal Finance & Mobility, CET1 ratio, Chinese market, CRÉDIT AGRICOLE GROUP, Crédit Agricole S.A., electric vehicle sector, electric vehicles, electrified vehicles, EV adoption, financial leasing, GAC Finance Leasing, GAC Group, GAC Motor, GAC Toyota, GAC-Honda, GAC-Sofinco AFC, GAC-Sofinco Leasing, Guangzhou GAC-Sofinco Finance Leasing, HYPTEC, joint venture, Leasing Solutions, operational leasing, partnership, regulatory approvals, reserved capital increase, Stéphane Priami, vehicle sales
(IN BRIEF) Poland is advancing its offshore wind energy ambitions with the completion of two key substations for the Baltic Power wind farm, marking the start of commercial-scale offshore wind development in the country. The project is part of a … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology
Tagged Baltic Power, Baltic Sea, clean energy, decarbonization, electric vehicles, Energy Independence, energy security, EU climate goals, EU Presidency, GPB, Grupa Przemysłowa Baltic, industrial competitiveness, Malgosia Bartosik, offshore substations, Offshore wind, offshore wind farm, partnership, Poland, Pomerania, renewable energy, sustainability, WindEurope
(IN BRIEF) thyssenkrupp Steel has completed a key investment in its Bochum facility with the opening of a new annealing and isolating line, marking a major step in its strategy to produce high-tech electrical steel for electric vehicles and energy-efficient … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged annealing and isolating line, Bochum, competitive edge., Dennis Grimm, electric generators, electric mobility, electric motors, electric vehicles, electrical steel, energy efficiency, high-strength multiphase steels, high-tech steel, investment, Manufacturing, modernization, SMS group, steel grades, Strategy 20-30, sustainable production, thyssenkrupp Steel
(IN BRIEF) Continental has launched its new Conti EfficientPro HS5 and HD5 tires designed for the commercial vehicle industry. These tires feature the innovative vec2Sil silica compound, which reduces rolling resistance and improves fuel and energy efficiency, while also offering … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged braking, carbon emissions, commercial vehicle sector, Conti EfficientPro HD5, Conti EfficientPro HS5, Continental, durability, electric mobility, electric vehicles, energy efficiency, EU Regulations, Fleet operators, fuel efficiency, handling, Hinnerk Kaiser, load index, Long-Distance Haulage, mileage, payload capacity, performance, range, retreadability, rolling resistance, safety, silica compound, stability, sustainability, tire technology, traction, tread design, vec2Sil
(IN BRIEF) Volkswagen is significantly expanding its support for renewable energy projects across Europe, backing 26 solar and wind farms in nine countries, including the Djupdal wind farm in Sweden. These initiatives generated approximately 1.1 terawatt-hours of electricity in 2024, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 000 charging points, 1.1 terawatt-hours, 2024, 750, charging network, CO2 footprint, decarbonization, Djupdal wind farm, dynamic energy tariff, electric vehicles, EU green electricity mix, Europe, Fraunhofer Institute, green power projects, ID. models, ID. vehicles, ID.4, partnership, rapid chargers, renewable electricity, renewable energy, renewable energy tariff, solar farms, sustainability, Sweden, Volkswagen, Volkswagen ID. fleet, Volkswagen Naturstrom Flex, wind farms
(IN BRIEF) Dürr Systems AG has been selected by BYD Auto Company Limited to supply advanced painting technology for BYD’s first European passenger car plant in Szeged, Hungary. The project involves the installation of over 120 robots, including the EcoRP … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged automated body cleaning robots, automotive painting, BYD, BYD Auto Company Limited, color-change systems, door openers, Dr. Lars Friedrich, Dürr, Dürr Systems AG, dust removal, EcoBell3 atomizers, EcoRP series robots, EcoSupply P paint supply system, Electric Vehicle Manufacturers, electric vehicles, environmental impact, European automotive market, exterior painting, feather rollers, flap openers, Hungary, interior painting, lid openers, NEV models, New Energy Vehicles, operational costs, paint consumption, painting process, painting technology, partnership, passenger car plant, pigging technology, rotary atomizers, seven-axis robots, six-axis robots, sustainability, Szeged, vehicle bodies
(IN BRIEF) Marks & Spencer (M&S) has announced the addition of 85 zero and low-emission vehicles to its logistics fleet as part of its Plan A strategy to achieve Net Zero by 2040. This includes five battery-electric heavy goods vehicles … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged battery-electric heavy goods vehicles, biomethane, clean energy, cleaner alternatives, CNG, CO2 emissions, compressed natural gas vehicles, eFREIGHT 2030 project, electric lorries, electric vehicles, Food logistics, Future of Roads Minister, GREEN HYDROGEN, Head of Group Transport, HGVs, Iveco, Julian Bailey, Lilian Greenwood, low-emission vehicles, M&S, Marks & Spencer, Net-Zero by 2040, Operational Efficiency, partnership, Plan A strategy, Renault Trucks, renewable fuel, solar power, supply chain logistics, supply chain transformation, sustainability, sustainable transport, Transport Decarbonization, UK Government, UK Government investment, wind power, zero-emission HGVs, Zero-emission vehicles, £2.3 billion, £200 million
(IN BRIEF) Solvay and Hankook have signed a Memorandum of Understanding (MOU) to develop circular silica derived from biosourced and waste materials for tire production. This collaboration leverages Solvay’s expertise in silica and Hankook’s manufacturing capabilities to advance sustainable tire … Read the full press release
Posted in Automotive, Belgium, Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged An Nuyttens, automotive future, battery range, biosourced materials, Bonhee Ku, circular economy, circular silica, circular silica solutions, electric vehicles, environmental benefits, fuel consumption, Hankook, Hankook Tire, HDS, highly dispersible silica, Italy, Livorno, mass production, Memorandum of Understanding, MoU, partnership, pilot phase, President and CTO, President of Solvay Silica & Special Chem, RHA, rice husk ash, rolling resistance, silica expertise, Solvay, sustainability, sustainabilty, sustainable materials, Technical Development, Tire Manufacturing, tire performance, tire wear resistance, waste materials
(IN BRIEF) A new report from market intelligence firm IDTechEx, Electric Light Commercial Vehicles 2025-2045: Markets, Players, Forecasts, predicts significant growth for electric light commercial vehicles (eLCVs), forecasting sales to surpass 11 million units by 2045. The report highlights how … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Environment, Government, Industrial, Marketing, Technology, Transportation & Logistics, United Kingdom
Tagged carbon emissions, city center bans, eLCV market, eLCVs, electric LCVs, Electric Light Commercial Vehicle, electric light commercial vehicles, electric vehicles, electrification of LCVs, electrification of light commercial vehicles, emissions restrictions, EU, Europe, EV transition, fossil fuel bans, government regulation, IDTechEx, IDTechEx report, IDTechEx website, independent research, LCV operators, LCVs, light-duty road freight, Market Growth, market intelligence, markets insights, OEMs, Paris Agreement, Paris Agreement Goals, Pranav Jaswani, sales trends, sustainability goals, sustainability targets, zero-emission logistics solutions
(IN BRIEF) Electric vehicles (EVs) are essential for decarbonizing the transport sector, yet concerns regarding the sustainability of materials used in their electric motors persist. A recent IDTechEx report predicts a demand for over 160 million electric motors annually by … Read the full press release
Posted in Automotive, Electronics & Machinery, Environment, Industrial, Marketing, Metals and Minerals, Science, Technology, Transportation & Logistics, United Kingdom
Tagged acidification, aluminum, automotive, battery system, copper, decarbonisation, decarbonizing the transport sector, Dr James Edmondson, electric cars, electric motor, electric motors, electric vehicles, energy consumption, eutrophication, EV, EV components, EV market, EV's drivetrain, EVs, global warming, IDTechEx, ozone depletion, photochemical ozone creation, rare earth materials, RESEARCH, STEEL, sustainability, transport sector
(IN BRIEF) SSAB has entered into an agreement with Trelleborg Sealing Solutions Kalmar AB to supply fossil-free steel for the production of brake pad shims, crucial in reducing noise, especially in electric vehicles. This partnership responds to the increasing demand … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged anti-squeal plates, electric vehicles, fossil-free steel, Noise-Reducing Brake Pads, partnership, SSAB, Stefan Lundström, sustainability, Trelleborg
(IN BRIEF) The SOLiDIFY consortium, part of the Horizon 2020 initiative, has developed a high-performance lithium-metal solid-state battery with an energy density of 1070 Wh/L, surpassing current lithium-ion batteries. This innovative “liquid-to-solid” electrolyte battery, produced at Belgium’s EnergyVille lab, offers … Read the full press release
(IN BRIEF) Continental has announced a major expansion of its aftermarket product offerings, including new sensors for driver assistance systems, chassis components, and high-pressure fuel pumps. The launch also includes the ATE New Original brake line, designed for electric vehicles … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged ATE New Original brake line, Continental, electric vehicles, Euro 7 Standards, sustainabilty
(IN BRIEF) At Automechanika 2024, Continental unveiled new sustainable products, including the CONTI NXT Multi V-belt, made from nearly two-thirds recycled and renewable materials, and the ATE New Original brake line for electric vehicles. These innovations aim to reduce environmental … Read the full press release
(IN BRIEF) Global demand for electric vehicles has slowed, with concerns about charging infrastructure, range, and battery costs remaining key obstacles for potential buyers, according to the EY Global Mobility Consumer Index. EV buying intent rose marginally, but the US … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged charging infrastructure, electric vehicles, EY
(IN BRIEF) Henkel and 4JET have unveiled a new technology called Loctite LASER-FIT, designed to produce ultra-quiet tires specifically for electric vehicles (EVs). This innovative process integrates acoustic foam directly into the tire during manufacturing, significantly reducing both production costs … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to support the Keliber lithium project in Finland, operated by Sibanye-Stillwater. This investment is part of a €500 million package aimed at establishing the EU’s first integrated battery-grade lithium … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Finland, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged EIB, electric vehicles, EU, Finland, Keliber Project, Lithium Supply, partnership, sustainability
(IN BRIEF) Katarzyna Niewiadoma won the third edition of the Tour de France Femmes avec Zwift, with Marianne Vos taking the points classification title. Škoda Auto, the main partner of the event, provided 70 electric and plug-in hybrid vehicles, including … Read the full press release
Posted in Automotive, Awards, Czech Republic, France, Media, Sports
Tagged A.S.O., Alpe d’Huez, CANYON//SRAM Racing, cycling, cycling race, electric vehicles, green jersey, Katarzyna Niewiadoma, Marianne Vos, Marion Rousse, plug-in hybrid vehicles, Rotterdam, ŠKODA AUTO, ŠKODA Design, Škoda Enyaq, sustainability, Tour de France Femmes avec ZWIFT, WeLoveCycling
(IN BRIEF) MAHLE is introducing a bionic high-performance fan at the IAA Transportation 2024, inspired by owl wings to reduce noise by up to 4 dB(A) in electric and fuel cell vehicles. The fan is 10% more efficient and 10% … Read the full press release
(IN BRIEF) Plenitude, a subsidiary of Eni, will sponsor La Vuelta 24 for the third year, providing energy for the race’s electric vehicles and sponsoring the “Maillot Blanco” for the best young cyclist. They will also launch a community-focused initiative, … Read the full press release
Posted in Business, Energy, Gas & Oil, Entertainment, Environment, Financial, Government, Industrial, Investment, Italy, Management, Media, News, Spain
Tagged electric vehicles, Eni, La Vuelta 24, partnership, Plenitude, Youth cyclists
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