Tag Archives: electrification

Businesses Push for Growth and Sustainability as Energy Demand Soars, According to New EY Research

(IN BRIEF) New EY research reveals that businesses are increasingly focused on electrification, emissions reduction, and managing energy costs, with over 70% of companies planning to increase focus on these areas over the next three years. As energy demand soars, … Read the full press release

ZF Develops Advanced Range Extender Technology to Address Electric Vehicle Range Anxiety

(IN BRIEF) ZF is set to advance its range extender technology with a new generation of systems, which will go into volume production in 2026. Range extenders offer a solution to “range anxiety” in electric vehicles by using a combustion … Read the full press release

ABB to Spin Off Robotics Division as Standalone Company by 2026

(IN BRIEF) ABB has announced its intention to spin off its Robotics division as an independent company, with a targeted listing in Q2 2026. The spin-off will be executed via a dividend in-kind, allowing shareholders to receive shares in the … Read the full press release

Scania Acquires Northvolt Systems Industrial Division to Enhance Battery Solutions and Accelerate Off‑Road Electrification

(IN BRIEF) Scania has completed its acquisition of the Industrial Division of Northvolt Systems, which enhances its electrification solutions for off‑road applications. The deal, involving the takeover of production assets, an R&D center, and around 260 employees in Gdańsk, Poland, … Read the full press release

Equinor Unveils New Power Business Area and Appoints Helge Haugane as EVP to Propel Sustainable Growth and Reliability in Global Energy Markets

(IN BRIEF) Equinor has established a new Power business area by integrating its renewable energy assets with flexible power solutions from its MMP division. This strategic initiative is aimed at addressing the growing global demand for electricity fueled by increased … Read the full press release

Alstom Revolutionizes High-Speed Rail in Türkiye with First-Ever ROCS Installation

(IN BRIEF) Alstom has secured a pivotal agreement with RESA Yapi Elektromekanik A.S. to supply the Rigid Overhead Catenary System (ROCS) for a segment of Türkiye’s new high-speed railway between Halkali and Kapikule, part of the TEN-T network. This innovative … Read the full press release

Boosting Europe’s Energy Future Through Accelerated Wind Deployment

(IN BRIEF) At its 2025 annual event in Copenhagen, the European wind industry outlined a call to action to help Europe address growing energy security and competitiveness challenges amidst economic uncertainty and evolving energy dynamics. The industry highlighted that wind … Read the full press release

Scania and Cometto Launch Electrified Power Solutions for Sustainable Heavy-Duty Operations at Bauma 2025

(IN BRIEF) At Bauma 2025, Scania will introduce an expanded portfolio of electrified power solutions for the construction and mining industries, including both all-electric and hybrid options. This new lineup builds on Scania’s renowned fuel-efficient combustion engine range. A highlight … Read the full press release

Bosch Unveils Next-Generation Powertrain Innovations to Cut CO₂ in Construction Machinery

(IN BRIEF) At bauma 2025, Bosch will showcase its latest powertrain solutions designed to reduce CO₂ emissions from construction machinery. The company is focusing on three main strategies: the use of renewable synthetic fuels such as HVO100, the development of … Read the full press release

Henkel Unveils Loctite AA 5885: Rapid-Cure Gasketing Sealant Revolutionizing Automotive Electronics

(IN BRIEF) Henkel has introduced Loctite AA 5885, a 1K polyacrylate UV-curable gasketing sealant designed for automotive electronics applications. Optimized for Cured-in-Place Gasketing, the product offers excellent resistance to automotive fluids, high temperatures, and harsh conditions. It features rapid curing … Read the full press release

Vestas CEO Henrik Andersen Takes Helm of WindEurope to Propel Europe’s Energy Future

(IN BRIEF) WindEurope’s Board of Directors has named Henrik Andersen, CEO of Vestas, as the new Chair for an 18-month period, with Rasmus Errboe, CEO of Ørsted, serving as Vice-Chair. This leadership change comes at a pivotal time as Europe … 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

Cornelissen Transport Accelerates Electrification with MAN Order for 27 Advanced Electric Trucks

(IN BRIEF) Dutch logistics firm Cornelissen Transport has placed an order for 27 electric trucks from MAN, including 25 eTGX tractor units with GM cabins and 2 eTGS trucks, primarily to support supermarket deliveries. The move, led by Peter Leegstraten, … Read the full press release

EIB and Ayvens Launch EUR 700 Million Initiative to Electrify 19,000 Commercial Vehicles in Europe

(IN BRIEF) The European Investment Bank (EIB) has issued its first green loan, signing a EUR 700 million financing agreement with sustainable mobility leader Ayvens in December 2024. The deal, which splits into a EUR 350 million EIB credit and … Read the full press release

ABB Strengthens Leadership in Smart Building Solutions with Acquisition of Siemens’ Wiring Accessories Business in China

(IN BRIEF) ABB has successfully acquired Siemens’ Wiring Accessories business in China, enhancing its position in the smart building technologies sector. The acquisition, valued at over $150 million in revenue for 2024, adds a robust distribution network across 230 cities … Read the full press release

Finnish Ambassador Sari Rautio Explores Iberdrola’s Smart Grids Innovation Hub in Bilbao

(IN BRIEF) Finnish Ambassador to Spain, Sari Rautio, visited Iberdrola’s Global Smart Grids Innovation Hub in Bilbao, accompanied by a trade delegation and the Honorary Consul of Finland, Carolina Pérez Toledo. The group was welcomed by Iberdrola executives Asís Canales … Read the full press release

MAHLE Wins First Series Order for Innovative Cooling Module for Megawatt Charging Systems

(IN BRIEF) MAHLE has secured its first series order for a high-performance cooling module designed for megawatt charging systems (MCS) in fast-charging stations for electric commercial vehicles. The module, praised for its performance and cost efficiency, will be manufactured at … Read the full press release

Schaeffler to Highlight Sustainable Innovations at bauma 2025 for the Construction Equipment Industry

(IN BRIEF) Schaeffler will demonstrate its cutting-edge products for the construction equipment sector at bauma 2025, showcasing technologies aimed at improving energy efficiency and reducing total cost of ownership. Highlights include low-friction rolling bearings, Ewellix electromechanical linear actuators, and highly … Read the full press release

Siemens Partners with Guofu Hydrogen and RCT GH Hydrogen to Drive Green Hydrogen Expansion

(IN BRIEF) Siemens has partnered with Guofu Hydrogen and RCT GH Hydrogen to advance the global hydrogen value chain, particularly in the production of electrolyzers and green hydrogen. Siemens will act as the preferred supplier and technology partner, contributing solutions … Read the full press release

EIF Backs Nordic Climate-Tech Innovation with €34.6 Million Commitment to Course Corrected VC Fund II

(IN BRIEF) The European Investment Fund (EIF) has pledged €34.6 million to Course Corrected VC Fund II, a venture-capital fund dedicated to backing early-stage climate-tech companies in the Nordic region. This funding will help the fund reach its target size … Read the full press release