Tag Archives: electric vehicles

Battery Monitor 2024/2025: Global Battery Demand to Triple by 2030 as Europe Faces Price Wars and Overcapacity

(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

Stellantis Announces Leadership Changes and Organizational Restructuring to Boost Agility and Growth

(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

Infineon Technologies Predicts Gallium Nitride Will Revolutionize Energy Efficiency and Decarbonization Across Multiple Industries

(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

Logicor Opens 800,000 sq ft Logistics Park in Daventry, Creating Jobs and Supporting Sustainable Development

(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

CA Personal Finance & Mobility Strengthens Electric Vehicle Leasing in China with Acquisition of 50% Stake in GAC-Sofinco Leasing

(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

Poland Takes Major Step Toward Offshore Wind Leadership with Baltic Power Substations Completion

(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

thyssenkrupp Steel Unveils Advanced Annealing and Isolating Line in Bochum to Support Electric Mobility Growth

(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

Continental Unveils Conti EfficientPro HS5 and HD5 Tires for Enhanced Efficiency and Safety in Long-Distance Haulage

(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

Volkswagen Expands Renewable Energy Support with 26 Solar and Wind Farms Across Europe

(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

Dürr Systems to Supply Advanced Painting Technology for BYD’s First European Passenger Car Plant

(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

M&S Expands Fleet with 85 Zero and Low-Emission Vehicles as Part of Net Zero 2040 Commitment

(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

Solvay and Hankook Partner to Develop Circular Silica for Sustainable Tire Production

(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

New IDTechEx Report Predicts Regulatory Shifts Will Transform the Electric Light Commercial Vehicle Market

(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

The Road to Sustainable Electric Motors for EVs: IDTechEx Analyzes Key Factors

(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

SSAB Partners with Trelleborg to Supply Fossil-Free Steel for Noise-Reducing Brake Pads in Electric Vehicles

(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

European SOLiDIFY Project Develops Advanced Lithium-Metal Solid-State Battery for Electric Vehicles

(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

Continental Expands Aftermarket Product Range to Meet Electric Vehicle and Euro 7 Standards

(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

Continental Advances Sustainability in Automotive Aftermarket with New Eco-Friendly Products

(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

Global EV Demand Stalls Amid Charging Infrastructure Concerns, EY Report Reveals

(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

Henkel and 4JET Launch Loctite LASER-FIT: A Breakthrough in Quiet Tire Technology for Electric Vehicles

(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