A professorship in battery technology is donated today to the University of Turku. The electrification of mobility emphasizes the role of battery technology for Valmet Automotive, and the professorship will take the company closer to the goal of bringing Finnish engineering expertise to the top of the world in battery technology. The automotive industry is… Continue reading Valmet Automotive: Professorship of battery technology is important for our goals
Author: BusinessWire Online News
Valmet Automotive set production record in 2019
In 2019, Valmet Automotive manufactured a total of 114,000 vehicles at the Uusikaupunki, Finland plant. This is a new production record for the plant, the previous record was made in 2018, when 110,000 vehicles were completed. In recent years, the production volumes at the Uusikaupunki plant have been steadily growing. The value of the production… Continue reading Valmet Automotive set production record in 2019
Disclosure of inside information in accordance with Art. 17 MAR Grammer AG (WKN 589540, ISIN DE0005895403)
Disclosure of inside information in accordance with Art. 17 MARGrammer AG (WKN 589540, ISIN DE0005895403) -Earnings for Q1/2020 expected to be very significantly below previous year-Executive Board’s proposal for the appropriation of profit of EUR 0.11 per share Amberg, March 2nd, 2020 – Based on the preliminary figures for the months of January and February… Continue reading Disclosure of inside information in accordance with Art. 17 MAR Grammer AG (WKN 589540, ISIN DE0005895403)
Grammer AG completes refinancing ahead of schedule in a demanding market environment
Amberg, February 25, 2020 – Grammer AG has placed its long-term group funding operations on a solid basis with a new syndicated loan. The syndicated loan consists of two tranches. Tranche A is composed of a credit facility of EUR 150 million for a period of five years plus two one-year renewal options. This tranche… Continue reading Grammer AG completes refinancing ahead of schedule in a demanding market environment
Grammer Group revenue rose to around EUR 2 billion despite challenging market environment
-Umsatz der Grammer Gruppe überstieg erstmalig 2 Milliarden Euro und wuchs um rund 9 Prozent gegenüber dem Vorjahr -Operatives EBIT mit rund 77 Millionen Euro im herausfordernden Branchenumfeld auf Vorjahresniveau -Vorläufige Geschäftszahlen für das Jahr 2019 im Rahmen der angepassten Prognose Amberg, 4. Februar 2020 – Trotz der erheblichen Herausforderungen für die Weltwirtschaft und den… Continue reading Grammer Group revenue rose to around EUR 2 billion despite challenging market environment
Valmet Automotive Battery Test Center operational by the end of February
Due to the high demand for test capacities on battery modules and battery systems of electrically powered vehicles, Valmet Automotive is working with high pressure to set up its Battery Test Center (BTC) in Bad Friedrichshall, nearby city of Heilbronn. The facility should be operational by the end of February. The construction of Valmet Automotive’s… Continue reading Valmet Automotive Battery Test Center operational by the end of February
Tata Elxsi and AEye Unveil Integrated RoboTaxi System
BANGALORE, India & DUBLIN, Calif.–(BUSINESS WIRE)– #AI–Tata Elxsi and AEye to showcase advanced RoboTaxi software framework that helps car makers accelerate their autonomous development initiatives at CES Go to Source
Quanergy and Geely Establish Strategic Partnership for Smart City and Autonomous Vehicle Initiatives
SUNNYVALE, Calif.–(BUSINESS WIRE)– #AIpowered3dlidar–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart sensing solutions, announced that the company was selected as a LiDAR partner for Geely Automotive Group (“Geely”), one of the largest and most innovative automotive companies in the industry. Geely and Quanergy will have a deep collaboration… Continue reading Quanergy and Geely Establish Strategic Partnership for Smart City and Autonomous Vehicle Initiatives
Valmet Automotive has started battery production in Salo
Valmet Automotive has today started the production of automotive batteries in its new plant in Salo, Finland. The battery plant project has progressed on schedule, and with the ramp up of production volumes, Valmet Automotive will continue recruiting more employees to the Salo plant. Valmet Automotive have today completed the first battery packs destined for… Continue reading Valmet Automotive has started battery production in Salo
Valmet Automotive – 50 years of Finnish car manufacturing
The first car at the Uusikaupunki car plant was completed on November 13, 1969, at 6 am. The car was a Saab 96, unveiled at 3 pm on that day in a gala ceremony to mark the start of car manufacturing. Today, Valmet Automotive has celebrated 50 years of automotive manufacturing at the Uusikaupunki plant with… Continue reading Valmet Automotive – 50 years of Finnish car manufacturing