(IN BRIEF) Mutares SE & Co. KGaA has completed the acquisition of Magna’s Car Top Systems business, establishing CTS as an independent global automotive supplier. CTS specialises in roof and aerodynamic kinematic systems, including convertible tops, sliding and folding roofs, … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Germany, Industrial, Investment, Poland
Tagged 1996 joint venture, 30 years of experience, acquisition completion, aerodynamic kinematic systems, Automotive & Mobility segment, automotive OEMs, automotive roof systems, automotive supplier, Bietigheim-Bissingen, Car Top Systems, convertible tops, CTS, customer relationships, Engineering Expertise, essential components, EUR 75 million revenues, exterior system solutions, folding roofs, Germany, global automotive supplier, high-volume vehicles, HILO Group, hinges, independent supplier, industrial group, locking systems, luxury vehicles, Magna, Magna International, Magna’s Car Top Systems Business Joins Mutares Automotive & Mobility Segment, Mercedes-Benz AG, Munich, Mutares, Mutares Expands Automotive Supplier Platform With Roof Systems Specialist CTS, Mutares SE & Co. KGaA, Mutares Strengthens HILO Group With Acquisition of Car Top Systems From Magna, Operational Excellence, Poland, Porsche AG, premium vehicles, roof architectures, roof kinematics, sliding roofs, soft-top mechanisms, spoilers, sports car segment
(IN BRIEF) Hydro and Mercedes-Benz are expanding their partnership to increase the use of recycled and low-carbon aluminium across Europe, with the goal of cutting emissions and strengthening more resilient value chains. Mercedes-Benz will become the first automotive company in … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Industrial, International Trade, Investment, Metals and Minerals, Norway
Tagged 70 percent lower carbon footprint, 75 percent post-consumer scrap, advanced recycling processes, aluminium, aluminium recycling, automotive materials, automotive supply chain, batch-by-batch transparency, Brazil, carbon footprint, Circularity, Corridor program, decarbonisation, Eivind Kallevik, electric vehicles, Emissions Reduction, end-of-life vehicles, Europe, Hydro, Hydro and Mercedes-Benz Strengthen Low-Carbon Aluminium Supply Chain for European Automotive Production, Hydro Årdal, Hydro CIRCAL, Hydro CIRCAL and Hydro REDUXA to Support Mercedes-Benz Decarbonisation Strategy, Hydro REDUXA, large electric vehicles, low-carbon aluminium, low-carbon mobility, Mercedes-Benz, Mercedes-Benz AG, Mercedes-Benz and Hydro Advance Circular Aluminium Use for Next-Generation Electric Vehicles, Mercedes-Benz to Use Hydro CIRCAL Recycled Aluminium in Series Production for Future Electric Vehicles, post-consumer scrap, primary aluminium, recycled aluminium, regional supply chains, renewable energy, renewable-energy-powered electrolysis, resilient value chains, resource efficiency, supply chain transparency, Yanni von Roy-Jiang
(IN BRIEF) KfW IPEX-Bank has provided EUR 50 million to IONITY to support the expansion of its High Power Charging network across Europe. This investment will enhance IONITY’s infrastructure, particularly in Germany, France, Sweden, and the UK, by improving charging … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Transportation & Logistics
Tagged Audi, BlackRock, BMW Group, charging infrastructure, Climate Infrastructure Platform, decarbonization, electric vehicles, Europe, EV charging, Ford Motor Company, France, Germany, High Power Charging, Hyundai Motor Group, IONITY, KfW IPEX-Bank, Kia, Mercedes-Benz AG, Porsche, renewable energy, Sweden, transportation sector, UK, Ultra-Fast Charging, Volkswagen Group
(IN BRIEF) Rheinmetall has been awarded a multiyear framework contract by the German and Dutch armed forces to supply up to 3,058 Caracal airmobile platforms, with a total value of up to €1.9 billion. The contract includes 2,054 vehicles for … Read the full press release
Cooperation in the field of hybrid energy solutions between Mercedes-Benz subsidiary Mercedes-Benz Energy GmbH and international technology group and leading supplier of electro-mechanical equipment and services for hydropower stations ANDRITZ (PRESS RELEASE)GRAZ/ WIEN/ KAMENZ, 10-Dec-2020 — /EuropaWire/ — New partnership … Read the full press release
Posted in Austria, Automotive, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, News, Science, Technology
Tagged Andritz, automotive battery systems, automotive energy storage systems, carbon-free, CO2 neutrality, Dr. Martin Zimmermann, electric vehicle battery, electro-mechanical, emission-free driving, energy storage, Gordon Gassmann, hybrid energy solution, hybrid energy solutions, hydropower market, hydropower plant, hydropower stations, hydropower unit, Lisa Klingert, lithium-ion battery, Madeleine Herdlitschka, Mercedes-Benz AG, Mercedes-Benz Energy GmbH, power plant, recycling, remanufacturing, renewable, Reuse, stationary energy storage, stationary energy storage systems
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