HANZA signs MIG™ agreement with German company

KISTA, Sweden , Aug. 19, 2024 /PRNewswire/ — HANZA, a leading global contract manufacturer, specializing in supply chain optimization, has today signed a strategic manufacturing agreement with a German company to streamline the a supply chain for an entire product line. Under the agreement, HANZA will create a new and more efficient supply-chain, which includes consolidating parts… Continue reading HANZA signs MIG™ agreement with German company

HANZA signs MIG™ agreement with German company

KISTA, Sweden , Aug. 19, 2024 /PRNewswire/ — HANZA, a leading global contract manufacturer, specializing in supply chain optimization, has today signed a strategic manufacturing agreement with a German company to streamline the a supply chain for an entire product line. Under the agreement, HANZA will create a new and more efficient supply-chain, which includes consolidating parts… Continue reading HANZA signs MIG™ agreement with German company

Gogoro says waiting for battery swapping EVs to be included in FAME 3

Taiwan-based Gogoro Inc., a global leader in battery swapping technology, said it will ramp up its rollout in India after getting a clarification from the Indian government on extending EV subsidies to battery swapping two-wheelers. Currently, subsidies are restricted to fixed battery vehicles only.During Gogoro’s presentation of its India plans during a global conference call,… Continue reading Gogoro says waiting for battery swapping EVs to be included in FAME 3

RBW EV Cars Brings Back Iconic British Sports Cars with Debut of First Left-Hand Drive EV Roadster and GT Models at Pebble Beach Concours d’Elegance

The New Electrified Classic Sports Cars are Hand-Built for the U.S. Market; Offering Modern-Day Tech Upgrades and Bespoke Options Throughout Both Cars LONDON and PEBBLE BEACH, Calif., Aug. 15, 2024 /PRNewswire/ — RBW EV Cars – the UK’s only EV manufacturer of new, hand-crafted British classic sports cars, today announced the global unveiling of its… Continue reading RBW EV Cars Brings Back Iconic British Sports Cars with Debut of First Left-Hand Drive EV Roadster and GT Models at Pebble Beach Concours d’Elegance

AUTOMOBILI PININFARINA BATTISTA TARGAMERICA: THE WORLD’S FIRST COACH-BUILT ELECTRIC HYPERCAR DELIVERED TO A CLIENT

Battista Targamerica will receive its world premiere at The Quail, A Motorsport Gathering as part of this month’s Monterey Car Week, the perfect venue for such an exclusive piece of automotive art. A design masterpiece, it is the first client-commissioned coach-built car from Automobili Pininfarina, and as such exemplifies perfectly the brand’s philosophy of ‘Dream… Continue reading AUTOMOBILI PININFARINA BATTISTA TARGAMERICA: THE WORLD’S FIRST COACH-BUILT ELECTRIC HYPERCAR DELIVERED TO A CLIENT

Valmet and Spinnova Plc sign a partnership agreement regarding process equipment for textile fibre production

Valmet Oyj press release, August 16, 2024, at 9:30 a.m. EEST ESPOO, Finland, Aug. 16, 2024 /PRNewswire/ — Valmet and Spinnova Plc have signed a strategic partnership agreement where Valmet is appointed as the exclusive partner to supply process equipment for textile fibre production to Spinnova’s technology customers. The exclusivity agreement is valid for four… Continue reading Valmet and Spinnova Plc sign a partnership agreement regarding process equipment for textile fibre production

Valmet Automotive launched a solar power plant in Uusikaupunki

Construction of the solar power plant started on the Uusikaupunki site in April this year. The solar power plant site, located next to the facilities of battery and vehicle production, covers an area of 5000 m² and has a peak output of around 300 kW from 810 solar panels. The estimated annual production of the… Continue reading Valmet Automotive launched a solar power plant in Uusikaupunki

Automobili Pininfarina unveils new Battista Targamerica as world’s first coach-built electric hypercar

Automobili Pininfarina has unveiled the new Battista Targamerica as the world’s first coach-built electric hypercar, commissioned by a renowned car collector and existing Battista owner. The one-off Battista Targamerica debuted at The Quail, a motorsport gathering at Monterey Car Week, and is also the brand’s first client-commissioned coach-built vehicle. The Battista Targamerica was commissioned at… Continue reading Automobili Pininfarina unveils new Battista Targamerica as world’s first coach-built electric hypercar

Automotive Cockpit Module Market size is set to grow by USD 25.6 billion from 2024-2028, Adoption of advanced HMI in mass-segment vehicles boost the market, Technavio

NEW YORK, Aug. 14, 2024 /PRNewswire/ — The global automotive cockpit module market size is estimated to grow by USD 25.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.22%  during the forecast period. Adoption of advanced hmi in mass-segment vehicles is driving market growth, with a trend towards maturing autonomous vehicles… Continue reading Automotive Cockpit Module Market size is set to grow by USD 25.6 billion from 2024-2028, Adoption of advanced HMI in mass-segment vehicles boost the market, Technavio

Magna (MGA) Shares Fall 7.9% Since Q2 Earnings Miss Estimates

Shares of Magna International MGA have lost 7.9% since the company reported second-quarter 2024 results. The auto equipment provider reported adjusted earnings of $1.35 per share, which declined from the year-ago quarter’s $1.50 and missed the Zacks Consensus Estimate of $1.46.  Net sales remained flat year over year at $11 billion and missed the Zacks… Continue reading Magna (MGA) Shares Fall 7.9% Since Q2 Earnings Miss Estimates