The cooperation is focused on cathode active materials and battery recycling The partnership supports both companies’ commitment to global carbon neutrality and CATL’s localization strategy in Europe NINGDE, China, Sept. 16, 2021 /CNW/ — Contemporary Amperex Technology Co., Limited (CATL) and BASF SE (BASF) announced a strategic partnership on battery materials solutions, including cathode active… Continue reading CATL and BASF have signed a framework agreement to accelerate the achievement of global carbon neutrality goals
Category: Suppliers
Allison Transmission Signs Agreement to Acquire India-Based AVTEC’s Off-Highway Transmission Portfolio and Off-Highway Component Machining Business
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that it has signed an asset purchase agreement to acquire the transmission portfolio of India-based AVTEC Ltd.’s off-highway business… Continue reading Allison Transmission Signs Agreement to Acquire India-Based AVTEC’s Off-Highway Transmission Portfolio and Off-Highway Component Machining Business
Advance Auto Parts (AAP), Bridgestone Team Up for DieHard Batteries
Advance Auto Parts AAP recently announced a multi-year agreement with Bridgestone Retail Operations, per which the latter will stock Advance’s DieHard batteries in its more than 2,200 tire and vehicle service centers across the United States. Headquartered in Nashville, TN, Bridgestone Retail Operations is a subsidiary of Bridgestone Americas, Inc, and operates more than 2,200… Continue reading Advance Auto Parts (AAP), Bridgestone Team Up for DieHard Batteries
Veoneer sticks with Magna offer after Qualcomm’s revised bid, shares drop
STOCKHOLM, Sept 14 (Reuters) – Shares in Veoneer Inc edged down on Tuesday after the auto tech firm stuck to its recommendation for Magna International’s bid after receiving an updated, non-binding offer from Qualcomm . The Swedish company has become an attractive takeover target as its expertise in making advanced driver assistance systems fits in… Continue reading Veoneer sticks with Magna offer after Qualcomm’s revised bid, shares drop
Increasing pedestrian and cyclist visibility with automated driving
When vehicles are in reverse motion or moving forward slowly, pedestrians and cyclists are most at risk. In the EU, crashes with the front side of a vehicle represent about 78% of all pedestrian and cyclist fatalities, for a total of 5,250 per year. Collisions with the rear side of a vehicle result in about… Continue reading Increasing pedestrian and cyclist visibility with automated driving
07:00 ETDana Accelerates Electrification of Underground Mining Vehicles with New High-Efficiency e-Powershift TransmissionDana Incorporated (NYSE: DAN…
LAS VEGAS, Sept. 13, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today debuted the new Spicer Electrified™ e-Powershift transmission, a modular and flexible two-speed solution that offers power take-off (PTO) functionality for electrified heavy-duty mining vehicles. Delivering high efficiency and superior performance in a compact package that simplifies the mining industry’s transition to electrification, the dual-motor version… Continue reading 07:00 ETDana Accelerates Electrification of Underground Mining Vehicles with New High-Efficiency e-Powershift TransmissionDana Incorporated (NYSE: DAN…
Qualcomm Said to Place Binding Bid for Auto Tech Firm Veoneer
(Bloomberg) — Qualcomm Inc. has made a formal bid to buy automotive technology company Veoneer Inc. for more than $4 billion, beating a previous offer from Magna International Inc., according to people familiar with the matter. The U.S. semiconductor company has formalized its offer of $37 a share, the people said, asking not to be… Continue reading Qualcomm Said to Place Binding Bid for Auto Tech Firm Veoneer
Dana Accelerates Electrification of Underground Mining Vehicles with New High-Efficiency e-Powershift Transmission
LAS VEGAS, Sept. 13, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today debuted the new Spicer Electrified™ e-Powershift transmission, a modular and flexible two-speed solution that offers power take-off (PTO) functionality for electrified heavy-duty mining vehicles. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Delivering high efficiency and superior performance in a compact package that simplifies the mining… Continue reading Dana Accelerates Electrification of Underground Mining Vehicles with New High-Efficiency e-Powershift Transmission
Toyoda Gosei Increases Interior/Exterior Part Production Capacity in USA
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO: 7282) is expanding production capacity at TG Missouri Corporation, one of its American production subsidiaries, to further develop its production network in the key North American market. In addition to expansion of TG Missouri’s Headquarters Plant (Perryville Plant), a new building has been purchased for the Indiana Plant,… Continue reading Toyoda Gosei Increases Interior/Exterior Part Production Capacity in USA
Auto parts supplier Aptiv flags Southeast Asia chip constraints in third quarter
Sept 10 (Reuters) – Auto parts supplier Aptiv Plc is facing significant semiconductor supply constraints in the third quarter due to the fast-spreading Delta variant of the coronavirus in Southeast Asia, Chief Financial Officer Joseph Massaro said on Friday. Given the COVID-19 outbreaks in Malaysia and Thailand, governments are taking a meaningful stance on production… Continue reading Auto parts supplier Aptiv flags Southeast Asia chip constraints in third quarter