The Worldwide Electric Vehicle (EV) Battery Housing Industry is Projected to Reach $11.7 Billion by 2031

DUBLIN, Dec. 28, 2022 /PRNewswire/ — The “Electric Vehicle (EV) Battery Housing Market – A Global and Regional Analysis: Focus on Battery Housing Vehicle Type, Cell Format, Battery Chemistry, Materials, and Country Analysis – Analysis and Forecast, 2022-2031” report has been added to ResearchAndMarkets.com’s offering. The global electric vehicle battery housing market is projected to reach $11,749.9… Continue reading The Worldwide Electric Vehicle (EV) Battery Housing Industry is Projected to Reach $11.7 Billion by 2031

Auto Roundup: MGA & STLA Buyout Deals, KMX’s Quarterly Results & More

Last week, the European Automobile Manufacturers Association released data for commercial car registrations for November and the first 11 months of 2022. The European Union (EU) commercial vehicle market inched down 0.6% last month, representing the 17th straight month of decline. While sales of trucks improved from the year-ago month, van and bus sales declined.… Continue reading Auto Roundup: MGA & STLA Buyout Deals, KMX’s Quarterly Results & More

Kinetic Group readies electric Luna for 2023 launch

An iconic product from India’s two-wheeled past is set to roll out soon in a new EV-atar – the electric Kinetic Luna – from the Pune-based Kinetic Engineering Ltd (KEL), which also had another category creator in the Kinetic Honda. Cognisant of the speedy growth of the electric two-wheeler market in India, KEL is targeting… Continue reading Kinetic Group readies electric Luna for 2023 launch

Kinetic Group readies electric Luna for 2023 launch

An iconic product from India’s two-wheeled past is set to roll out soon in a new EV-atar – the electric Kinetic Luna – from the Pune-based Kinetic Engineering Ltd (KEL), which also had another category creator in the Kinetic Honda. Cognisant of the speedy growth of the electric two-wheeler market in India, KEL is targeting… Continue reading Kinetic Group readies electric Luna for 2023 launch

Is Magna International Inc.’s (TSE:MG) Recent Price Movement Underpinned By Its Weak Fundamentals?

Magna International (TSE:MG) has had a rough month with its share price down 8.4%. We, however decided to study the company’s financials to determine if they have got anything to do with the price decline. Long-term fundamentals are usually what drive market outcomes, so it’s worth paying close attention. Particularly, we will be paying attention… Continue reading Is Magna International Inc.’s (TSE:MG) Recent Price Movement Underpinned By Its Weak Fundamentals?

U.S. Senate committee asks carmakers about Chinese supply chain

In June, a U.S. law took effect banning the import of forced-labor goods from Xinjiang, in a pushback against Beijing’s treatment of China’s Uyghur Muslim minority, which Washington has labeled genocide. By David Shepardson The U.S. Senate Finance Committee has asked eight major automakers, including General Motors, Tesla and Ford Motor, to disclose whether any… Continue reading U.S. Senate committee asks carmakers about Chinese supply chain

Magna (MGA) to Rev Up ADAS Business With $1.5B Buyout Deal

Magna International MGA inked a deal to acquire Veoneer Active Safety business from SSW Partners in a bid to fortify its Advanced Driver Assistance Systems (ADAS) business. This all-cash deal is valued at more than $1.5 billion. Subject to regulatory approvals and satisfactory conditions, the transaction is scheduled to be closed by mid-2023. The acquisition is… Continue reading Magna (MGA) to Rev Up ADAS Business With $1.5B Buyout Deal

@niche: New CEO appointed to lead INEOS Automotive002404

Experienced INEOS Group executive, Lynn Calder, is the new CEO of INEOS Automotive Lynn leads strengthened senior team for the next phase of the company’s journey Hans-Peter Pessler appointed COO of INEOS Automotive INEOS Automotive has appointed Lynn Calder as CEO of INEOS Automotive. Lynn takes up her new role with immediate effect after six… Continue reading @niche: New CEO appointed to lead INEOS Automotive002404

Magna develops morphing surfaces tech, opens new frontiers in automotive design

Building on its expertise in producing millions of active aerodynamic systems for automakers, Magna International has introduced Morphing Surfaces, the next generation vehicle exterior solution that further increases efficiency while enhancing design. Enabling advanced aero and cooling performance, the technology can seamlessly integrate shape-changing body components into advanced vehicle exteriors. According to Magna, “Morphing Surfaces technology… Continue reading Magna develops morphing surfaces tech, opens new frontiers in automotive design

Magna Morphing Surfaces Technology Offers New Possibilities in Automotive Design

Technology extends beyond what is currently possible with traditional active aerodynamic systems Seamlessly combines shape changing components with aerodynamic elements enhancing design and function Advanced solution utilizing thermoplastic materials contributes to increased battery range and efficiency AURORA, Ontario, Dec. 21, 2022 (GLOBE NEWSWIRE) — Building on its expertise in producing millions of active aerodynamic systems… Continue reading Magna Morphing Surfaces Technology Offers New Possibilities in Automotive Design