25 Jul 2019 A milestone in electric mobility: GKN Automotive supplies ONE …

GKN Automotive has five semi-integrated two-in-one and three-in-one eDrive series production projects underway in China and Europe for volume OEMs GKN Automotive boasts 17 years’ experience in eDrive development, integration and global production Integrated eDrive systems manufactured at sites in Europe, China and Japan, with recent investments increasing global capacity The world’s leading supplier of… Continue reading 25 Jul 2019 A milestone in electric mobility: GKN Automotive supplies ONE …

Magna, BAIC Group to establish JV for NEVs in East China

The joint venture marks Magna’s first investment in a complete vehicle manufacturing plant outside Europe.The joint venture will combine the company’s expertise in complete vehicle engineering and manufacturing with BAIC’s advantages in local manufacturing, marketing and distribution to support electric mobility in China, the world’s largest NEV market.China has been promoting the development of NEVs in recent years to help cut pollution.

Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China

JV to have capacity of up to 180,000 vehicles per yearFirst production of electric vehicles planned to be launched in late 2020Capability to offer EV contract manufacturing services to other potential customersZHENJIANG, China, July 24, 2019 (GLOBE NEWSWIRE) — Today Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing… Continue reading Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China

Valmet’s Half Year Financial Review January 1 – June 30, 2019: Orders received increased to EUR 1.1 billion and Comparable EBITA to EUR 69 million

Valmet Oyj’s stock exchange release on July 23, 2019 at 3:00 p.m. EETFigures in brackets, unless otherwise stated, refer to the comparison period, i.e. the same period of the previous year. As of January 1, 2019, Valmet has adopted IFRS 16 without restating the figures for the comparison period.April–June 2019: Orders received amounted to EUR… Continue reading Valmet’s Half Year Financial Review January 1 – June 30, 2019: Orders received increased to EUR 1.1 billion and Comparable EBITA to EUR 69 million

VinFast Starts Production Of Two Cars Designed By Pininfarina At Its New Plant – Retail News Asia

The first two cars designed by Pininfarina for the Vietnamese brand VinFast will be manufactured in the new plant which was inaugurated by VinFast Production and Trading LLC at Dinh Vu Industrial Zone, Cat Hai, Hai Phong. It is built on an area exceeding 500,000 square meters out of the 335 hectares of the entire… Continue reading VinFast Starts Production Of Two Cars Designed By Pininfarina At Its New Plant – Retail News Asia

Lotus Evija supercar marks start of a new electric era for sports-car brand

Lotus is no newcomer to electric cars, having produced the chassis for the original Tesla Roadster.

On Wednesday, the British sports car company unveiled its own electric sports car, the Evija, which it says will be the most powerful car on the market with electric motors producing 1,973 horsepower. The company didn't list its battery size, but says it will be able to charge fully in nine minutes.

With the Evija, the brand is climbing away from the attainable sports cars it currently produces—including the Elise, on which Tesla based its original Roadster—back toward supercars like the Elite, only with an electric drivetrain.

The Evija was designed in conjunction with British engineering consultancy Williams Advanced Engineering, and only 130 will be made. The car will compete with the upcoming Pininfarina Battista, targeted to have 1,877 horsepower. Pininfarina, a new automaker from the renowned Italian design house, will produce 150 Battistas starting next year.

Phil Popham at the Lotus Evija launch

The Evija is based on an updated version of Lotus' current platform.

Chinese auto giant Geely, which owns Volvo, has a controlling stake in Lotus. The British brand plans other new models to follow the Evija, based a Geely platform designed for electric powertrains, CEO Phil Popham told British auto magazine Autocar in an interview.

The new models will be more focused on practicality and affordability and will be designed to carry both batteries and electric motors and gasoline powertrains. Every new model from Lotus, however, will offer an all-electric version, Popham said, though those future models are still several years off.

Echoing plans from 2008, when the company introduced the larger Evora, Lotus plans to expand production with a range of more mainstream sports. cars. Popham cited a target of 10,000 cars a year to fill out its manufacturing facility in Hethel, England. It also has plans to expand production in China.

Fast, efficient, reliable: Artificial intelligence in BMW Group Production

Munich, Germany. Artificial intelligence (AI) is on the rise in automotive production. Since 2018, the BMW Group has been using various AI applications in series production. One focus is automated image recognition: In these processes, artificial intelligence evaluates component images in ongoing production and compares them in milliseconds to hundreds of other images of the… Continue reading Fast, efficient, reliable: Artificial intelligence in BMW Group Production

Jaguar Plans In-House Battery Pack Production Capacity Of 150K / Year

Jaguar Land Rover announced the production of new electrified models, drive units and battery packs in the UK. Calls to build battery cell gigafactory. The official statement from Jaguar Land Rover says that the company is gearing up for the production of an entire range of electrified models in the UK. The first model confirmed for… Continue reading Jaguar Plans In-House Battery Pack Production Capacity Of 150K / Year