All News articles – Page 10
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Bosch to invest €3 billion to expand semiconductor production
The EU and German government will part-fund expansion of semiconductor manufacturing which the bloc has identified as an area of strategic importance.
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Volkswagen launches battery cell-making company PowerCo
PowerCo could produce enough cells for 3m electric vehicles a year by 2030 across six ‘standardised’ European gigafactories.
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Mercedes-Benz to invest €1.3 billion in digital skills training by 2030
The automaker will spend €1.3 billion on training and upskilling staff through 2030 to prepare staff for a greater focus on electrified, connected products.
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Renault and China’s Minth Group form JV to produce EV battery casings
France’s Renault and Chinese component maker, Minth Group have announced a joint venture to produce casings to house batteries in electric vehicles.
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BMW is 3D scanning all production plants to plan operations virtually
The 3D scans are the first step in producing digital models of all BMW plants worldwide to streamline the planning of production processes.
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Hyundai Motor Group to deploy Singtel 5G network at Singapore centre
The Korean automaker will use the high capacity bandwidth to gather data for quality control purposes.
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BMW to develop and produce e-drives in Steyr, Austria plant from 2025
BMW will develop and produce its next generation of e-drives in Steyr, making around 600,000 units a year.
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Cadillac Celestiq to be built by hand at GM’s Global Technical Center
The automaker will invest $81m to produce the car at its R&D hub in Warren, Michigan.
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Volkswagen-led research team to develop closed-loop battery recycling
Consortium launches closed-loop raw material project with the aim to develop permanent recovery of valuable materials to increase sustainability and security of supply
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Ford to invest $3.7 billion at three US plants, create 6,200 full-time jobs
The investments at Michigan, Ohio and Missouri plants will bring forth a host of new models, some EVs
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Skoda relocates cable harness production to Mladá Boleslav
The Czech car maker says the cable harness production has been launched in close collaboration with suppliers to counter further supply issues
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Stellantis, Samsung SDI announce $2.5bn battery JV in US, to open gigafactory by 2025
The partnership follows the OEM’s plans with LG Energy solutions in Canada, and continues a trend of automakers forming JVs to share investment and secure battery cell supply.
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Polestar invests in StoreDot’s fast charging battery technology
This will be Polestar’s first financial investment in another company, and it will become a shareholder in Israel-based StoreDot
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VW’s Frank Blome appointed CEO of automaker’s new battery company
By producing its own battery cells, VW aims to capture more of the value in EV production.
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Volkswagen starts EV production at second German plant
After first turning its Zwickau plant into an EV-only factory, the carmaker has invested €1 billion at Emden for its gradual conversion towards EV production.
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Mercedes-Benz-funded battery start-up Sila to supply longer range battery for G-Class
Mercedes-Benz invested in Washington state-based Sila in 2019.
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Europe’s biggest EV battery recycling plant starts work
JV partners Northvolt and aluminum and energy company Hydro have started operations at a new EV battery recycling facility in Norway
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REE Automotive takes next step with commercial production capabilities
The company adopts a cloud-based robotic manufacturing approach for its planned network of Integration Centres
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Century-old BMW Munich factory transforms to embrace EVs
Revamp of Plant Munich puts BMW’s flexibility ethos to the test with building construction and car production happening side-by-side
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VW and Seat announces €10 billion EV investment to electrify Spain
Volkswagen AG and Spanish OEM SEAT S.A will be investing €10 billion ($10.6 billion) into a huge electrification strategy in Spain, supporting the localisation of electric vehicle and battery output.