Category: Corporate Strategy

Vitesco Technologies To Open New R&D Center In China, Underlining The Strategic Focus On Electrified Powertrains

Posted: April 21, 2020

Vitesco Technologies, the powertrain business of Continental, will build a research and development center in the Chinese port metropolis of Tianjin. The company has now signed a corresponding agreement with the Administration Committee of the Tianjin Economic-Technological Development Area (TEDA). READ MORE...

Marelli Boosts Investment in Electric vehicle Technologies through Partnership with US technology Firm, Transphorm Inc

Posted: March 4, 2020

Leading automotive supplier, MARELLI,  announced a strategic partnership with US-based, Transphorm Inc., a semiconductor company focused on redefining power conversion. This partnership will enable Marelli to gain valuable access and insights into cutting edge technologies for the development of electric vehicles, in particular power converters, onboard chargers and inverters for electric and hybrid vehicles. READ MORE...

Launch of a Pilot Plant to Manufacture European Batteries for Electric Vehicles

Posted: January 30, 2020

During French President Emmanuel Macron’s visit to the Saft Nersac plant near Angoulême, in the Nouvelle-Aquitaine region, Total, through its affiliate Saft, and PSA with Opel, are announcing their plan to combine their know-how to develop EV battery manufacturing activity in Europe. To that end, the partners intend to establish a joint venture named Automotive […] READ MORE...

Mercedes-Benz to produce electric powertrain in Untertürkheim plant

Posted: December 16, 2019

In a move that will bring relief to employees of Mercedes Benz’s Untertürkheim plant, the automaker and the plant’s works council have decided to produce parts of the electric powertrain (eATS) at the facility. With eATS, the facility will complete the entire spectrum of the automaker’s drive technologies produced at the plant after combustion engines, […] READ MORE...

FCA joins RSBN to help build a more ethical Electric Vehicle supply chain

Posted: December 16, 2019

Following Volvo, FCA has joined the Responsible Sourcing Blockchain Network (RSBN), an industry group that uses blockchain technology to support responsible sourcing and production practices all along the raw material supply chain. Other automakers in the group include Ford, Volkswagen, LG Chem and Huayou Cobalt. READ MORE...

Argosy Minerals acquires Tonopah lithium project in the US

Posted: August 14, 2019

Australian lithium miner Argosy Minerals has entered into an agreement to acquire tenements comprising the Tonopah Lithium Project in Nevada, US. According the agreement, the lithium miner will pay initially AUD50, 000 (USD33876.5) and will offer another AUD500, 000 (USD340, 000) upon achieving certain production milestones. READ MORE...

NEVS begins to produce pure electric vehicle at Tianjin plant

Posted: July 2, 2019

National Electric Vehicle Sweden has started the production of a pure electric sedan based on its traditional Saab 9-3 platform at its Chinese plant in Tianjin. The plant has the capacity to develop 50000 EVs annually. READ MORE...

Volkswagen and Fiat Chrysler could face 2021 EU emissions fines

Posted: June 27, 2019

Consulting firm Alix Partners has said that Volkswagen and Fiat Chrysler (FCA) could pay a penalty of EUR1.8bn (USD2.1bn) and EUR746m respectively, if they do not meet the EU’s emission targets  set for 2021. The firm has published a study which showed difficulties faced by the automakers to meet EU’s emissions for passenger cars to 95 […] READ MORE...

Hyundai electric SUV prototype first to use the new electric platform

Posted: June 27, 2019

Hyundai plans to develop a new all-electric SUV prototype based on its Electric-Global Modular Platform (E-GMP) in October 2019. The prototype is expected to get complete by December 2019. READ MORE...

CATL to add investment in the German EV battery facility and R&D Center

Posted: June 27, 2019

China-based CATL plans to increase its investment in its German battery manufacturing and R&D base by up to 7.5 times. The reason is that many German automakers like BMW and Volkswagen are shifting focus from ICE-powered vehicle to electric for EU’s strict emission rules, which will be in effect in 2020. READ MORE...

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