Bharat NCAP and Global NCAP: what’s similar and what’s different

The Ministry of Road Transport and Highways (MoRTH) recently launched the new Bharat NCAP norms that are set to come into effect from October 1, 2023. The programme has been formulated on the latest GNCAP protocols, and while most testing procedures and standards are identical between the two, there’s one major difference that sets them apart. Global NCAP… Continue reading Bharat NCAP and Global NCAP: what’s similar and what’s different

CIE Automotive sells its forging business in Germany to Mutares

CIE Automotive has, earlier this month, announced the sale of its forging business in Germany to Mutares. Mutares is a global private equity investor, headquartered in Germany, specialised in acquiring medium-sized companies and carve-outs in special situations, which show operational improvement potential.   The forgings business comprises the sale of 100% of the share capital… Continue reading CIE Automotive sells its forging business in Germany to Mutares

Hyundai Mobis wins VW order for EV battery system assembly, to set up plant in Spain

Global auto parts vendor Hyundai Mobis has secured a large-scale overseas contract in the future mobility sector, specifically in the electric vehicle business. The company has secured an order for Battery System Assembly, an essential component of electric vehicles, from Volkswagen AG. The battery system assembly supplied by Mobis will be integrated into Volkswagen’s next-generation… Continue reading Hyundai Mobis wins VW order for EV battery system assembly, to set up plant in Spain

Hyundai Mobis wins VW order for EV battery system assembly, to set up plant in Spain

Global auto parts vendor Hyundai Mobis has secured a large-scale overseas contract in the future mobility sector, specifically in the electric vehicle business. The company has secured an order for Battery System Assembly, an essential component of electric vehicles, from Volkswagen AG. The battery system assembly supplied by Mobis will be integrated into Volkswagen’s next-generation… Continue reading Hyundai Mobis wins VW order for EV battery system assembly, to set up plant in Spain

Polestar to deploy Mobileye autonomous technology in Polestar 4

Polestar and Mobileye are to collaborate to bring autonomous technology to Polestar 4 with potential for other vehicles, using the Mobileye Chauffeur AV platform that will be manufactured and integrated by ECARX. Mobileye Chauffeur will add an extra layer of on-demand convenience to Polestar’s performance electric vehicles that are primarily designed for driver engagement and… Continue reading Polestar to deploy Mobileye autonomous technology in Polestar 4

Polestar to deploy Mobileye autonomous technology in Polestar 4

Polestar and Mobileye are to collaborate to bring autonomous technology to Polestar 4 with potential for other vehicles, using the Mobileye Chauffeur AV platform that will be manufactured and integrated by ECARX. Mobileye Chauffeur will add an extra layer of on-demand convenience to Polestar’s performance electric vehicles that are primarily designed for driver engagement and… Continue reading Polestar to deploy Mobileye autonomous technology in Polestar 4

BMW to build logistics facility for high-voltage batteries

The BMW Group continues to invest in e-component production at Plant Leipzig and in the future of the site. A leasehold contract has now been signed for an area of land outside the plant premises, on the northern industrial estate – which is also home to the existing facility. The new plot for use by… Continue reading BMW to build logistics facility for high-voltage batteries

BMW to build logistics facility for high-voltage batteries

The BMW Group continues to invest in e-component production at Plant Leipzig and in the future of the site. A leasehold contract has now been signed for an area of land outside the plant premises, on the northern industrial estate – which is also home to the existing facility. The new plot for use by… Continue reading BMW to build logistics facility for high-voltage batteries

171 people paid $100 each to buy a sagging Detroit auto plant: What they’ve accomplished

I recently spent a fascinating afternoon at the Piquette Plant Museum in Detroit’s reinvigorated Milwaukee Junction neighborhood. If you don’t know the name, Milwaukee Junction more or less brackets Woodward Avenue and Interstate 94, overlapping parts of Midtown and New Center.   The neighborhood was a hive of invention and a magnet for investment that… Continue reading 171 people paid $100 each to buy a sagging Detroit auto plant: What they’ve accomplished