@VW Group: Volkswagen and TraceTronic establish neocx – a joint venture for automated software integration003598

Volkswagen is strengthening its expertise in the integration of automotive software. At present, high-performance automotive functions can only be achieved by networking many individual software and hardware components. Integrating these components and testing the resulting assembly is a key development task for Volkswagen. As part of its ACCELERATE strategy, Volkswagen is seeking to grow automotive… Continue reading @VW Group: Volkswagen and TraceTronic establish neocx – a joint venture for automated software integration003598

@VW Group: Audi Hungaria: “smart logistics” with driverless transport system003599

Audi Hungaria is constantly making efforts to introduce digital solutions in both manufacturing and logistics. The latest example of this is their collaboration with Jungheinrich, in which six driverless transport vehicles were put into operation in the field of 2.0-litre four-cylinder Otto engine production. FTFs deliver various engine parts from the logistics area straight to… Continue reading @VW Group: Audi Hungaria: “smart logistics” with driverless transport system003599

@VW Group: Successful first half-year for Audi: record deliveries and strong profits003597

A healthy result after six months: the Audi Group achieved a successful half-year performance in spite of a critical situation with semi-conductor supplies. From January to June the company delivered 981,681 automobiles to customers worldwide, thus concluding the best first half in the history of Audi. The positive trend in volume is also reflected in… Continue reading @VW Group: Successful first half-year for Audi: record deliveries and strong profits003597

Lesjöfors divests S&P Federnwerk GmbH

Thu, Jul 29, 2021 22:48 CET Lesjöfors has today entered into an agreement to divest 100 percent of its shares in S&P Federnwerk GmbH. S&P Federnwerk GmbH is a German spring manufacturer whose customers are mainly active in the automotive and agricultural industries. The company has been part of Lesjöfors since 2013 and generated sales… Continue reading Lesjöfors divests S&P Federnwerk GmbH

Daimler to keep 35% stake as trucks business goes solo

By Christoph Steitz 3 Min Read FRANKFURT (Reuters) -Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said on Friday, giving more details on a landmark corporate split it hopes will boost share values. FILE PHOTO: Daimler AG sign is pictured at the IAA… Continue reading Daimler to keep 35% stake as trucks business goes solo

Senmiao Technology Announces Signing of Framework Agreement with BYD’s Biggest Dealer in China for Leasing of 6,000 Automobiles

CHENGDU, China, July 30, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a framework agreement with Baijuyi (Qingdao) New Energy Car Limited (“Baijuyi”), whereby Senmiao… Continue reading Senmiao Technology Announces Signing of Framework Agreement with BYD’s Biggest Dealer in China for Leasing of 6,000 Automobiles

Hyundai Motor, Hyundai Electric MOU to develop hydrogen fuel cell package for power generation

Under the agreement, Hyundai Motor will supply PEMFC fuel cell systems and provide technical support while Hyundai Electric will develop and commercialize a fuel cell-based power generation package which includes mobile generators and AMP supply systems. Hyundai Electric will also explore a variety of business models for marketing the new package in Korea and abroad,… Continue reading Hyundai Motor, Hyundai Electric MOU to develop hydrogen fuel cell package for power generation

Hindustan Zinc to invest $1 billion to replace diesel vehicles with battery EVs

HZL said the Normet SmartDrive EV will significantly help it in saving a huge amount in high speed diesel (HSD) and its maintenance. By substituting the HSD vehicles with Normet SmartDrive battery operated vehicles, around 3 lakh litres of HSD can be saved per vehicle. Mining major Hindustan Zinc Ltd will be investing about USD… Continue reading Hindustan Zinc to invest $1 billion to replace diesel vehicles with battery EVs

Volta Industries to Participate at Upcoming Investor Conferences

SAN FRANCISCO, July 30, 2021 /PRNewswire/ — Volta Industries, Inc. (“Volta Charging”) today announced that its management team will virtually attend the following investor conferences and events: Jefferies Virtual Industrial Conference August 3, 2021 Needham 10th Annual Robotics and Clean Tech August 6, 2021 Canaccord 41st Annual Growth Conference August 10, 2021 Raymond James Aspen… Continue reading Volta Industries to Participate at Upcoming Investor Conferences