(IN BRIEF) Cellasto®, a global leader in NVH components and part of BASF, is investing around €60 million to build a second manufacturing plant in Shanghai, set to open in 2027. The facility will increase local production capacity by nearly … Read the full press release
Posted in Automotive, Business, Chemicals, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged automotive manufacturing, Automotive Sector, BASF, BASF Greater China, Bjoern Kophstahl, Cellasto expansion, Cellasto®, CHINA, China EV market, electric vehicles, Jeffrey Lou, local production, Martin Jung, mold lines, noise vibration harshness, NVH components, partnership, Performance Materials, production capacity, second plant, Shanghai, sustainability, €60 million investment
(IN BRIEF) Stagecoach East Midlands has obtained an additional £6.1 million in ZEBRA 2 funding from the Government, supplementing an earlier pledge of £50.6 million to facilitate the rollout of over 120 electric vehicles by 2027. With this boost, nearly … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, Travel, United Kingdom
Tagged 120 electric vehicles, 2027, 25 local authorities, 319 new buses, 522 fleet, 955 zero-emission buses, carbon footprint, Department for Transport, electric vehicles, green transport, Hull, Local Transport Minister Simon Lightwood, Mansfield, Matthew Cranwell, partnership, public transport, Stagecoach East Midlands, sustainability, ZEBRA 2 funding, Zero Emission Bus Regional Areas, Zero-emission future, £143m, £50.6m investment, £6.1m
(IN BRIEF) Continental has established its dominance in the electric vehicle market by supplying original equipment tires to 18 of the world’s 20 highest-volume fully electric vehicle manufacturers in 2024. With nine of the top 10 EV manufacturers in each … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged aerodynamic design, Americas, Asia-Pacific, Continental, EcoContact 7, electric vehicles, EMEA, energy efficiency, EV-Compatible, global leadership, low rolling resistance, Manja Greimeier, original equipment tires, propellant, quiet performance, rolling noise, safety
(IN BRIEF) Continental has secured original equipment approval for its PremiumContact 6 tires in a 22-inch size, now featured on the Zeekr 001 electric sedan from Chinese automaker Zeekr. Designed for high safety and dynamic handling, these summer tires deliver … Read the full press release
Posted in Automotive, Germany, Industrial, Technology
Tagged 22-inch tires, Asia-Pacific, braking performance, Continental, cornering stability, dynamic handling, electric sedan, electric vehicles, high-volume manufacturers, load index, low rolling resistance, original equipment, PremiumContact 6, safety, silica rubber compound, summer tire, Zeekr, Zeekr 001
(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
Posted in Automotive, Czech Republic, Industrial, Investment, Technology
Tagged ASEAN, assembly plant, automotive, CKD, electric vehicles, expansion, global strategy, Haiphong, KAROQ, KODIAQ, Kushaq, New Energy Vehicles, Pune, ŠKODA AUTO, Slavia, Thanh Cong Group, Vietnam, Volkswagen Group
(IN BRIEF) BASF Coatings and NIO have signed a Letter of Intent to establish a long-term strategic partnership focused on enhancing automotive exterior coatings for NIO’s electric vehicles. The agreement outlines a framework for annual strategic dialogues, covering market development, … Read the full press release
Posted in Automotive, Business, Chemicals, Germany, Industrial
Tagged automotive coatings, BASF Coatings, carbon neutrality, color design, Digital Integration, electric vehicles, exterior coatings, global market, INNOVATION, Letter of Intent, NIO, strategic partnership, sustainability, Uta Holzenkamp
(IN BRIEF) The EU will co-finance the installation of 1,400 new charging points across Europe, with 430 dedicated to heavy-duty electric trucks, as part of the DRIVE-E Global project. This €45 million initiative, led by E.ON, aims to strengthen Europe’s … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Slovakia, Technology, Transportation & Logistics
Tagged AFIF, alternative fuels, charging infrastructure, decarbonization, DRIVE-E, E.ON, electric trucks, electric vehicles, EU, European Union, freight transport, partnership, sustainability
(IN BRIEF) ZF is equipping NIO’s ET9 electric vehicle with its advanced steer-by-wire technology, offering a fully electronic steering system that enhances driving comfort, safety, and adaptability. The system is part of ZF’s broader strategy to lead the development of … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Automotive Innovation, Automotive Technology, By-Wire Technology, Chassis Solutions, electric vehicles, NIO, software-defined vehicles, Steer-by-Wire, Torque Feedback, ZF
(IN BRIEF) Škoda Auto celebrates the 30th anniversary of its M13 production hall, which has played a key role in the brand’s success since its opening in 1996. Originally built to produce the Škoda Octavia, the facility now manufactures both … Read the full press release
Posted in Automotive, Business, Czech Republic, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Dick, anniversary, automotive industry, Czech Republic, electric vehicles, Elroq, Enyaq, INNOVATION, M13 production hall, Mladá Boleslav, modular manufacturing, production line, Škoda 130th anniversary, ŠKODA AUTO, ŠKODA Octavia, sustainability, vehicle production capacity, Volkswagen Group
(IN BRIEF) Bentley Motors has officially opened its new Excellence Centre for Quality & Launch at its Crewe headquarters. The facility is a key component of the brand’s Beyond100+ strategy, designed to support the development of Bentley’s first fully electric … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Andreas Lehe, Assembly Line, Battery-Powered Electric Vehicle, Bentley Motors, BEV, Beyond100 strategy, craftsmanship, Crewe, Crewe site, electric vehicles, Excellence Centre for Quality & Launch, Gunnar Kilian, luxury automotive production, Luxury Cars, Manufacturing, materials testing, precision, sustainability, technical centre, vehicle analysis, Volkswagen AG
(IN BRIEF) KUKA Group has set ambitious environmental goals, aiming for carbon-neutral production by 2050 and a 90% reduction in emissions along its value chain. The company plans to reduce its own emissions (Scopes 1 and 2) by 40% by … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged automation, carbon neutrality, electric vehicles, Emissions Reduction, energy efficiency, environmental goals, ESG Transparency Award, future-oriented sustainability, German Sustainability Award, KUKA Group, Peter Mohnen, renewable energy, resource-saving products, robotics, Scope 1, Scope 2, Scope 3, sustainability, value chain
(IN BRIEF) The “Battery Monitor 2024/2025” report predicts a tripling of global battery demand by 2030, reaching between 4.0 and 4.6 terawatt hours (TWh), with further growth to 8.8 TWh by 2040. The battery market is facing challenges due to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Achim Kampker, Asian manufacturers, Asian research and development, battery cells, Battery Monitor 2024/2025, battery production technologies, carbon footprint, CHINA, CO2 reduction, cost-effective battery types, dry coating, electric mobility, electric vehicles, EU, European battery manufacturers, European battery producers, global battery demand, Heiner Heimes, industrialization, INNOVATION, laser drying, market scenarios, overproduction, PEM, regulatory delays, Roland Berger, RWTH Aachen University, sustainability, terawatt hours, TWh, US, Wolfgang Bernhart
(IN BRIEF) Stellantis is restructuring its organization to improve decision-making speed and execution while enhancing its commitment to customer feedback and growth. The changes include increased autonomy for regional teams in product planning, development, and operations, while maintaining alignment with … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Alain Favey, Anne Abboud, Antonio Filosa, appointment, Bob Broderdorf, Chief Executive Officer, Clara Ingen-Housz, commercial activities, customer feedback, decision-making, electric vehicles, hybrid vehicles, industrial activities, INNOVATION, John Elkann, leadership, Ned Curic, Olivier François, organizational changes, Product Development, product planning, Quality, regional and global responsibilities, Stellantis, Stellantis Pro One, Xavier Peugeot
(IN BRIEF) Infineon Technologies highlights the transformative potential of gallium nitride (GaN) in driving energy efficiency and decarbonization across industries such as AI, home appliances, electric vehicles, and robotics. The company anticipates rapid growth in GaN adoption, supported by its … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged 2025 predictions, AI data centers, decarbonization, digitalization, electric vehicles, energy efficiency, gallium nitride, GaN, home appliances, Infineon Technologies, Power Density, power semiconductors, robotics, semiconductor materials, Si, SIC, silicon carbide, sustainability
(IN BRIEF) Logicor has completed its largest logistics development in the UK with the opening of Logicor Park Daventry, which includes three state-of-the-art warehouses totaling 800,000 sq ft. Strategically located in the logistics “Golden Triangle,” the park offers exceptional access … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Real Estate, Technology, Transportation & Logistics, United Kingdom
Tagged 1000 jobs, Bolt330, BREEAM Excellent, Charlie Howard, Derby 507, Education, electric vehicles, employment opportunities, energy efficiency, EPC A+, Golden Triangle, local economy, Logicor, Logicor UK, logistics career awareness, logistics infrastructure, Logistics Park Daventry, logistics real estate, logistics sector, Midlands, public transport, renewable energy, Solar PV, sustainability, sustainable development, The Talent Foundry, transport links, UK, UK logistics market, warehouses
(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
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