From 2019 on, three-cylinder gasoline engines are to be built in the factories in Tychy, Poland and in Szentgotthárd, Hungary. In Austria, gearbox production is being expanded. The French carmaker PSA invests in several Opel plants outside Germany. So to be built from 2019 on in the factories Tychy (Poland) and Szentgotthárd (Hungary) three-cylinder gasoline… Continue reading Engines and transmissions: PSA invests in Opel plants abroad
Tag: M and A
Groupe PSA Invests in Valenciennes to Produce Automatic Transmission under Aisin AW License
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: To meet the increasing demand of automatic gearboxes, Groupe PSA (Paris:UG) has entered into a license agreement with Aisin AW in order to produce the EAT6 gearbox in France. Until now this gearbox was manufactured by Aisin and imported from Japan. The competitiveness of the Valenciennes production plant, combined with its… Continue reading Groupe PSA Invests in Valenciennes to Produce Automatic Transmission under Aisin AW License
Sion Power – Production Of Breakthrough 500 Wh/kg Cell Starts This Year
35 M BY MARK KANE Sion Power, the Arizona-based company acquired by BASF in 2012, announced that production of its groundbreaking Licerion lithium batteries will begin in late 2018 at its Tucson facility. Sion Power’s next generation cells: 400 Wh/kg, 700 Wh/L and 350 cycles under 1C discharge condition Sion Power developed 20 Ah cells… Continue reading Sion Power – Production Of Breakthrough 500 Wh/kg Cell Starts This Year
XEV plans mass-production 3D printed electric cars
Award winning 3D printer filament manufacturer Polymaker has partnered with Italian car manufacturer XEV to make 3D printed low-speed electric vehicles (LSEVs). While XEV’s LSEVs aren’t the first ever 3D printed cars, the partners believe that this is the first example of additive manufacturing vehicles at scale. Stanley Lu, CEO of XEV, provided 3D Printing Industry… Continue reading XEV plans mass-production 3D printed electric cars
BMW Group stepping up the pace
Munich. The BMW Group is stepping up the pace in its drive to shape tomorrow’s mobility. Two years after the launch of Strategy NUMBER ONE > NEXT, the BMW Group intends to increase upfront expenditure on research and development to an all-time high in 2018, while at the same time remaining steadily on course for a ninth record-breaking… Continue reading BMW Group stepping up the pace
Adient and Arvind set up JV for automotive fabrics
Global leader in automotive fabrics, Adient has announced the launch of its joint venture (JV) with Arvind Group, for manufacturing and selling of automotive fabrics in India. The JV christened Adient Arvind Automotive fabrics will produce high-performance fabrics from the manufacturing facility in Ahmedabad for domestic and global markets. The JV will benefit from synergies… Continue reading Adient and Arvind set up JV for automotive fabrics
Ride-hailing & self-driving firms seek partnerships & more
Ride-hailing & self-driving firms seek partnerships & more Welcome to our weekly news roundup. Last week, ride-hailing saw roaming partnerships being formed and support from its users but also faced growth halts. Self-driving seems to powered by partnerships and bike-sharing gains an investing momentum. Follow Splyt for a weekly update on the most important mobility news. Kakao… Continue reading Ride-hailing & self-driving firms seek partnerships & more
Blackmore Sensors and Analytics Raises $18 Million Series B Financing Round to Scale Automotive Lidar Solution
BOZEMAN, Mont., March 20, 2018 /PRNewswire/ — Blackmore Sensors and Analytics, Inc., a leading developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry, announced today that it has raised $18 million in a Series B funding round led by BMW i Ventures. Additional investment comes from Toyota AI Ventures, Millennium Technology Value Partners… Continue reading Blackmore Sensors and Analytics Raises $18 Million Series B Financing Round to Scale Automotive Lidar Solution
Elon Musk in talks with Israeli AI vision firm Cortica -report
TEL AVIV (Reuters) – Silicon Valley billionaire Elon Musk was in Israel to discuss a collaboration between electric car company Tesla Inc (TSLA.O) and Tel Aviv-based artificial intelligence firm Cortica, the Globes financial news website said on Tuesday. FILE PHOTO – Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks… Continue reading Elon Musk in talks with Israeli AI vision firm Cortica -report
Electromobility: UPS is testing new charging technology for electric vehicles
UPS delivery van: UPS wants to expand its electric vehicle fleet. (Picture: UPS) Of the delivery service UPS has set up a charging system in its London depot that allows a larger number of electric cars to charge without causing a power failure. The system could work simultaneously for recycling for old ones batteries be… Continue reading Electromobility: UPS is testing new charging technology for electric vehicles