Interior with a lounge-like atmosphere in the new BMW iX Generation E center console: sustainable, lightweight, and quiet Free-standing design creates space for rear passengers Grammer AG, April 26, 2022 – It is a central element of the modern lounge architecture in the BMW iX: the free-standing center console, which Grammer developed together with BMW… Continue reading Grammer making the center console “float”
Author: BusinessWire Online News
Toyoda Gosei Develops CNF-reinforced Plastic for Automotive Parts
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed* a cellulose nanofiber (CNF)-reinforced plastic with the aim of reducing CO2 over the lifecycle of automotive components, from raw material procurement and production to recycling and disposal. In moving toward decarbonization and a circular economy, Toyoda Gosei is developing materials that raise the environmental performance of… Continue reading Toyoda Gosei Develops CNF-reinforced Plastic for Automotive Parts
GRAMMER AG: Earnings development in first quarter of 2022 significantly below prior-year level
Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) GRAMMER AG: Earnings development in first quarter of 2022 significantly below prior-year level Ursensollen, April 12, 2022 – Based on preliminary figures, GRAMMER AG’s earnings performance in the first quarter of 2022 was significantly below the… Continue reading GRAMMER AG: Earnings development in first quarter of 2022 significantly below prior-year level
Toyoda Gosei to Establish New Airbag Plant in South China
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) will establish a new plant in Guangdong Province, China, to enhance its production network for airbags and steering wheels, its major products, in China, where the automobile market continues to grow. The new plant will be established as a branch plant of Toyoda Gosei Group company Toyoda Gosei… Continue reading Toyoda Gosei to Establish New Airbag Plant in South China
Valmet Automotive entering into manufacturing partnership with EV brand Sono Motors
Valmet Automotive has signed a binding term sheet on solar electric vehicle manufacturing with Sono Motors, the German-based technology company. The cooperation contains the manufacturing of the Sion model, a full electric vehicle with fully integrated solar cells for a period of 7 years. The production is scheduled to start in the second half of 2023… Continue reading Valmet Automotive entering into manufacturing partnership with EV brand Sono Motors
GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
▪11.2% increase in GRAMMER Group revenue to about EUR 1.9 billion, driven chiefly by the Commercial Vehicles Division (up 31.0%)▪ Operating EBIT improved from EUR -11.7 million to EUR 22.8 million▪ APAC enjoyed considerable growth (up 19.8%), AMERICAS region in need of restructuring▪ Business performance in H2 2021 affected by reduced and volatile customer call-offs… Continue reading GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
Electric mobility: Valmet Automotive delivered over 400,000 batteries in 2021
Valmet Automotive reached a new record volume in battery manufacturing in 2021 with over 400,000 delivered units. The ramp-up in volume was due to strong customer demand, increased production efficiency, extension of the Salo battery plant and battery production start at the Uusikaupunki plant. Valmet Automotive is extending and diversifying its battery supply. Valmet Automotive… Continue reading Electric mobility: Valmet Automotive delivered over 400,000 batteries in 2021
Valmet Automotive starts change negotiations due to component shortage
Valmet Automotive has today issued a change negotiation proposal on the need for temporary personnel layoffs at the Uusikaupunki car plant. The proposal is based on financial and production-related grounds due to a component shortage in the A-Class production, caused by the recent global disruptions in component supply chains. For Valmet Automotive, the situation has… Continue reading Valmet Automotive starts change negotiations due to component shortage
Quanergy LiDAR Solutions to Accelerate the Adoption of Automation in the Material Handling Market
SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy LiDAR Solutions to Accelerate the Adoption of Automation in the Material Handling Market Go to Source
Valmet Automotive’s Annual Review 2021: Strong growth in EV Systems, record operating profit for the Group
Despite the continued extraordinary external circumstances with the corona pandemic and component shortages, 2021 was a year of growth for Valmet Automotive in all business lines with the strongest growth in EV Systems. The most significant events of the year included several new customer contracts in all business lines, new production facilities and products in the… Continue reading Valmet Automotive’s Annual Review 2021: Strong growth in EV Systems, record operating profit for the Group