Carlyle, Valeo, Mahle to compete for Korean auto parts supplier By Park Jae-hyuk LG Electronics has decided not to participate in a preliminary bid to acquire a controlling stake in Hanon Systems, citing its excessively high price, an LG official told The Korea Times, Tuesday. Once the sale of Hanon is over, the company will… Continue reading World NM: LG stays out of Hanon Systems takeover bid001340
Author: World_Newz Mon
World NM: (News Focus) Hyundai fuels hydrogen for zero-emission trucks001339
Hyundai Motor Group is on its way toward an all-electric future by adopting a two-track strategy to deliver batteries for both electric and hydrogen fuel cell vehicles, hoping to expand its presence in the growing eco-friendly car market. Since July 2020, the automaker has shipped 46 Xcient trucks to Switzerland and is set to deliver… Continue reading World NM: (News Focus) Hyundai fuels hydrogen for zero-emission trucks001339
World NM: Nissan India exports over 1,200 units of Magnite to Nepal, Indonesia, and South Africa001336
Nissan India today announced that the Nissan Magnite export figure touched 1,220 units by the end of May 2021. Till May 2021-end, Nissan India produced 15,010 units — 13,790 units for the domestic market and 1,220 units for exports — of the Magnite. The customers can choose between 1.0-litre B4D NA-petrol (72PS of maximum power… Continue reading World NM: Nissan India exports over 1,200 units of Magnite to Nepal, Indonesia, and South Africa001336
World NM: Hyundai Motor buys U.S. robotics firm from Softbank for US$ 880 mln001335
Hyundai Motor Group said Monday its three affiliates and its chief have acquired a controlling stake in U.S.-based robotics firm Boston Dynamics, Inc. for US$880 million. In December, the board of directors at the three affiliates — Hyundai Motor Co., Hyundai Mobis Co. and Hyundai Glovis Co. — approved the plan to acquire a combined… Continue reading World NM: Hyundai Motor buys U.S. robotics firm from Softbank for US$ 880 mln001335
World NM: Graphene-based, meringue-like material dampens airplane engine noise001328
Researchers at the University of Bath, in Britain, have developed a new graphene-based material that significantly reduces aircraft engine noise. When scientists tested the new aerogel material’s sound absorption abilities, they successfully reduced the roar of an airplane engine by 16 decibels, making a jumbo jet sound more like a hair dryer. The team plans… Continue reading World NM: Graphene-based, meringue-like material dampens airplane engine noise001328
World NM: Russia to build 50,000 electric filling stations for transport by 2030 – Novak001327
NIZHNY NOVGOROD, June 18. /TASS/. Russia has a goal of creating 11,000 electric filling stations by 2024, and 50,000 such facilities across the country should appear by 2030, Deputy Prime Minister Alexander Novak on Friday visiting Nizhny Novgorod region. Earlier it was reported that Nizhny Novgorod will be the first city after Moscow to launch… Continue reading World NM: Russia to build 50,000 electric filling stations for transport by 2030 – Novak001327
World NM: WEEXPOINDIA Auto Talks – Experts’ take on future mobility in India001326
Massive 63000 square-meter display floor to feature South India’s premier international motor show. The 1st Auto Talk of the Series, on the topic “Future of Mobility in India is Promising” had in the Expert Panel Gopalakrishnan V.C – Director Automotive, Government of Telangana, Bipul Chandra – Managing Director – Operations, Ducati India, Anuj Chandna –… Continue reading World NM: WEEXPOINDIA Auto Talks – Experts’ take on future mobility in India001326
World NM: Germany: Why car owners are reluctant to go electric 18.06.2021001325
Germany’s long-established car industry is embarking on a historic transformation to try and shrink its carbon footprint. As part of its plan to reach climate neutrality by 2045, the government wants to phase out combustion engine vehicles — a major emitter of greenhouse gases — and replace them with lower-emission alternatives, like electric cars. Still,… Continue reading World NM: Germany: Why car owners are reluctant to go electric 18.06.2021001325
World NM: Not the end of the assembly line: American start-up pulls Dutch car factory back from the brink001324
Canoo handout VDL Nedcar in Born is going to build electric cars for new American car maker Canoo from next year. The order, which will run until 2028, comes a year before the end of the contract with BMW for which Nedcar builds Minis and BMWs. The new contract is ‘fantastic news for our workers… Continue reading World NM: Not the end of the assembly line: American start-up pulls Dutch car factory back from the brink001324
World NM: The Pandemic will accelerate the digitization of the Indian automotive industry: Auto Experts at OLX Auto Talk 3.0 – ThePrint001323
Auto industry experts from MG Motor, OLX, Eplane & AdvantEdge unequivocally opined that the pandemic has been a watershed moment for the Indian automotive industry and in particular the second wave will lead to a delay in consumer demand for cars and mobility solutions thereby leading to a pent up demand for the same in… Continue reading World NM: The Pandemic will accelerate the digitization of the Indian automotive industry: Auto Experts at OLX Auto Talk 3.0 – ThePrint001323