Tag Archives: Electrification Strategy

MAHLE to Divest Minority Stake in Langfang Kokusan Electric as Part of Portfolio Optimization

(IN BRIEF) MAHLE has signed an agreement to sell its 40% minority stake in Langfang Kokusan Electric Co., Ltd. to its co-shareholders. Langfang Jinrun Technology Group Co., Ltd. will acquire 28.5% of the stake, and Langfang State-owned Assets Business Co., … Read the full press release

BMW Group Advances Sustainability with Electric Trucks and Renewable Charging Infrastructure

(IN BRIEF) BMW Group is advancing its sustainability efforts by utilizing fully electric trucks at its Regensburg and Leipzig plants to transport parts, including components for electric vehicles. These zero-emission trucks contribute to reducing the environmental impact and noise levels … Read the full press release

Iberdrola Pioneers Digital Solutions for Sustainable Grid Development and Electrification Strategy

(IN BRIEF) Iberdrola is focusing on enhancing its electricity grids as a primary growth area from 2024 to 2026, investing heavily to integrate digital solutions through its Perseo startup program. These innovations, including machine learning and algorithms, aim to forecast … Read the full press release