Steel major SSAB and Meneta Group, a leading global supplier of high-quality brake components and composite materials to the automotive industry, have announced development of fossil-free brake components and sealing materials. Meneta has partnered SSAB to source fossil-free steel for its global production of components and sealing materials, mainly for the automotive industry. From 2026,… Continue reading MENETA develops brake components, sealing materials using SSAB fossil-free steel
Tag: Volvo
The Global Palletized Load System Market is forecast to grow by $900.62 mn during 2022-2027, accelerating at a CAGR of 4.37% during the forecast period
NEW YORK, March 6, 2023 /PRNewswire/ — Global Palletized Load System Market 2023-2027 Continue Reading Source: ReportLinker The analyst has been monitoring the palletized load system market and is forecast to grow by $900.62 mn during 2022-2027, accelerating at a CAGR of 4.37% during the forecast period. Our report on the palletized load system market… Continue reading The Global Palletized Load System Market is forecast to grow by $900.62 mn during 2022-2027, accelerating at a CAGR of 4.37% during the forecast period
Energy Department Will Loan $2 Billion to Redwood Materials
The Energy Department on Thursday announced a $2 billion loan to help a Nevada company step up production of critical components of electric vehicle batteries. The company, Redwood Materials, plans to use the loan to expand a manufacturing campus near Reno, Nev., where it makes some of the components from new and recycled sources. The… Continue reading Energy Department Will Loan $2 Billion to Redwood Materials
Energy Department Will Loan $2 Billion to Redwood Materials
The Energy Department on Thursday announced a $2 billion loan to help a Nevada company step up production of critical components of electric vehicle batteries. The company, Redwood Materials, plans to use the loan to expand a manufacturing campus near Reno, Nev., where it makes some of the components from new and recycled sources. The… Continue reading Energy Department Will Loan $2 Billion to Redwood Materials
Panic over metals for EVs goes all the way to automakers’ C-Suites
Automakers are also getting involved in the development of new mining projects. The merry-go-round of private meetings at an annual mining industry conference at Florida’s Hollywood Beach had a cast of new faces this year: auto sector executives increasingly anxious about surging prices and tighter supply of metals used in electric vehicle batteries. Tesla Inc.,… Continue reading Panic over metals for EVs goes all the way to automakers’ C-Suites
Sky-high car prices have only one direction to go from here
For much of the past three years, car prices knew one direction: upward. This was simple economics: There was far more demand for new vehicles than manufacturers could meet due to pandemic-related disruptions. As chips, wire harnesses and other components in short supply flow more freely again, a slow but inevitable march to normalization has… Continue reading Sky-high car prices have only one direction to go from here
Automotive Steering System Market by Technology, EPS Type, Pinion, Mechanism, Components, Vehicle and Region – Global Forecast to 2027
NEW YORK, March 3, 2023 /PRNewswire/ — The Automotive Steering System market is projected to grow from USD 35.3 Billion in 2022 to USD 39.5 Billion by 2027, at a CAGR of 2.3% over the forecast period. Read the full report: https://www.reportlinker.com/p04226793/?utm_source=PRN Continue Reading Source: ReportLinker Growing adoption of EVs, penetration of passenger cars, and… Continue reading Automotive Steering System Market by Technology, EPS Type, Pinion, Mechanism, Components, Vehicle and Region – Global Forecast to 2027
@Geely-Volvo: Volvo Cars reports global sales of 51,286 in February
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Cleantechnica: Sweden’s Plugins Continue To Grow Despite Economic Downturn 002623
In February, Sweden’s plugin electric vehicles continued to dominate with a 54.0% share of auto sales, up from 51.6% year on year. Full electric share grew substantially, whilst plugin hybrid share decreased. Overall auto volume was 18,442 units, down some 13% YoY. The Volvo XC40 was February’s best selling BEV yet again, holding the lead… Continue reading Cleantechnica: Sweden’s Plugins Continue To Grow Despite Economic Downturn 002623
German Manager Magazin: Aramco: Saudi oil multinational joins Renault and Geely engine company002345
The oil multinational Saudi Aramco is investing in a new engine joint venture of the French carmaker Renault and the Chinese manufacturer Geely. The shares of Renault and Geely are equal in each case, Aramco will receive a minority share, the companies announced on Thursday. Manager magazin had already reported in October last year on… Continue reading German Manager Magazin: Aramco: Saudi oil multinational joins Renault and Geely engine company002345