Inteva wins SPE innovation award for Inteather Eco Trim material

Inteva Products, a leading global Tier One automotive supplier of engineered components and systems, has been chosen for the Automotive Innovation Award for sustainability by the Society of Plastics Engineers (SPE). The award is for the company’s Inteather Eco Trim material, which is in use on Chevrolet Silverado and GMC Sierra trucks. “This award demonstrates… Continue reading Inteva wins SPE innovation award for Inteather Eco Trim material

BorgWarner to invest $500 million in Wolfspeed, secures supplies of silicon carbide devices

BorgWarner to invest $500 million in Wolfspeed, secures supplies of silicon carbide devices Wolfspeed, the global leader in silicon carbide technology, and BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, have announced a strategic partnership that calls for BorgWarner to invest $500 million in Wolfspeed’s financing transaction,… Continue reading BorgWarner to invest $500 million in Wolfspeed, secures supplies of silicon carbide devices

BorgWarner to invest $500 million in Wolfspeed, secures supplies of silicon carbide devices

BorgWarner to invest $500 million in Wolfspeed, secures supplies of silicon carbide devices Wolfspeed, the global leader in silicon carbide technology, and BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, have announced a strategic partnership that calls for BorgWarner to invest $500 million in Wolfspeed’s financing transaction,… Continue reading BorgWarner to invest $500 million in Wolfspeed, secures supplies of silicon carbide devices

Valeo produces its 10 millionth front camera system with Mobileye EyeQ tech

On November 16, 2022, Valeo and Mobileye celebrated the production of Valeo’s 10 millionth front camera system containing Mobileye technology, at Valeo’s site in Wemding in Germany (Bavaria). Valeo, a world leader in advanced driving assistance systems (ADAS), started its collaboration with Mobileye in 2015, choosing to integrate into its front camera system hardware and… Continue reading Valeo produces its 10 millionth front camera system with Mobileye EyeQ tech

Uno Minda Group looking to consolidate manufacturing operations

To consolidate its flourishing manufacturing operations which are presently spread over 66 plants in key automotive hubs across India, the Gurugram-headquartered Uno Minda Group is planning to adopt a lean-footprint approach in the future. The company, which recently outlined an investment of Rs 400 crore over the next five years in a new greenfield LED… Continue reading Uno Minda Group looking to consolidate manufacturing operations

BMW Group secures CO2-reduced steel supplies for global production network

In what is now a trend with global automakers, the BMW Group is significantly reducing the carbon footprint of its steel sourcing and systematically pursuing its climate goals for the supplier network. Following initial contracts with European suppliers, the BMW Group has now concluded further agreements for the supply of CO2-reduced steel in the US… Continue reading BMW Group secures CO2-reduced steel supplies for global production network

Balkrishna Industries takes U-turn, to operate both old and new plant at Waluj

In a bid to cater to the growing demand in the marketplace, Balkrishna Industries, a supplier of tyres to off-highway and agriculture segments has put off its plans to shut its old plant in Waluj, Maharashtra. Instead, it will use it to meet incremental demand along with the newly commissioned greenfield plant which is just… Continue reading Balkrishna Industries takes U-turn, to operate both old and new plant at Waluj

Balkrishna Industries takes U-turn, to operate both old and new plant at Waluj

In a bid to cater to the growing demand in the marketplace, Balkrishna Industries, a supplier of tyres to off-highway and agriculture segments has put off its plans to shut its old plant in Waluj, Maharashtra. Instead, it will use it to meet incremental demand along with the newly commissioned greenfield plant which is just… Continue reading Balkrishna Industries takes U-turn, to operate both old and new plant at Waluj

Renault India breaks into annual profit for the first time in half a decade

French automotive brand Renault’s India journey has been eventful despite the challenges. India was amongst the brand’s top-five markets globally. Renault India has announced that it has broken into annual profit for the first time in almost half a decade in FY22, as a series of cost cutting measures and a strong volume growth in… Continue reading Renault India breaks into annual profit for the first time in half a decade

Daimler Truck conducts first high-altitude tests with hydrogen truck

A Mercedes-Benz GenH2 Truck prototype has successfully completed its first high-altitude tests on public roads. A major point on the checklist of the test program: crossing the Brenner Pass, one of the main arteries of European freight traffic. In 2019 alone, around 40 million tons of freight were transported by truck via the four-lane transit… Continue reading Daimler Truck conducts first high-altitude tests with hydrogen truck