Germany’s Continental and Chinese Auto Parts Maker CITC Team Up To Develop Hybrid Battery Systems

Continental AG (CON.XE), a German automotive supplier, said it plans to set up a joint venture with Chinese auto parts maker Sichuan Chengfei Integration Technology Co. to develop and manufacture 48-volt battery systems for cars. Continental AG will hold a 60% interest in the joint venture and the rest will be held by CITC, a… Continue reading Germany’s Continental and Chinese Auto Parts Maker CITC Team Up To Develop Hybrid Battery Systems

Putting science into standards : driving towards decarbonisation of transport : safety, performance, second life and recycling of automotive batteries for e-Vehicles.

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Grand Opening: BorgWarner Inaugurates Latest Turbocharger Production Facility in Thailand

New state-of-the-art manufacturing facility for turbochargers in Rayong Meets increasing demand for turbocharging technologies in the growing Southeast Asian market 69,965-square-foot facility featuring clean-room environment is designed according to lean production principles Auburn Hills, Michigan, March 8, 2018 – With a traditional ceremony, BorgWarner celebrated the inauguration of its newest production plant in the Eastern… Continue reading Grand Opening: BorgWarner Inaugurates Latest Turbocharger Production Facility in Thailand

Grupo PSA will launch a ‘motorcycle sharing’ service in the main Spanish cities this year

Posted 08/03/2018 14: 00: 14CET MADRID, 8 Mar. (EUROPA PRESS) – The car company Peugeot motorcycles, belonging to the PSA Group, will launch this year a service of ‘motorcycle sharing’ in the main Spanish cities, between which Madrid and Barcelona could be found, according to the firm announced this Thursday in the presentation of the… Continue reading Grupo PSA will launch a ‘motorcycle sharing’ service in the main Spanish cities this year

C_Two: The second electric supercar from Rimac

Electric supercar Rimac Concept Two: no car for the Sunday excursion (Image: Dirk Kunde) Geneva Motor Show The Croatian sports car manufacturer Rimac presents its electric Concept Two in Geneva. The two-seated electric car It reaches 412 km / h and up to 650 km range. From Dirk customer It’s just a small detail, but… Continue reading C_Two: The second electric supercar from Rimac

Navistar Reports First Quarter 2018 Results

LISLE, Ill., March 8, 2018 /PRNewswire/ — Navistar International Corporation (NYSE: NAV) today announced a first quarter 2018 net loss of $73 million, or $0.74 per diluted share, compared to a first quarter 2017 net loss of $62 million, or $0.76 per diluted share. First quarter 2018 results included $46 million of charges as a result… Continue reading Navistar Reports First Quarter 2018 Results

Volkswagen boss: German city diesel ban is ‘scary and unnecessary’

Volkswagen boss Herbert Diess has reacted to the recent German court ruling that cities can ban the most heavily polluting diesels, describing the move as “a scary picture and totally unnecessary”. When the ruling was announced late last month, the court also said that Stuttgart should start to impose a year-round ban, while Dusseldorf should also… Continue reading Volkswagen boss: German city diesel ban is ‘scary and unnecessary’

660,000 electric cars by 2025: BMW partner Great Wall invests heavily in electromobility

Everything electric With the brand Haval Great Wall is already the largest SUV provider in China. Now also the electric market is to be conquered. (Photo: Reuters) The Chinese car manufacturer Great Wall wants to more than double its annual sales by 2025 to two million vehicles. About a third of these would be electric… Continue reading 660,000 electric cars by 2025: BMW partner Great Wall invests heavily in electromobility

Strong Growth and Excellent Financial Position

Targets surpassed – Continental enjoyed strong growth and profitability in fiscal 2017 Sales were up 8.5 percent at €44 billion with an adjusted EBIT margin of 10.9 percent Net income increased to €3 billion and earnings up to €14.92 per share Executive Board to propose a dividend increase of 25 cents to €4.50 per share… Continue reading Strong Growth and Excellent Financial Position

Fastned and ABB unveils new generation of 350 kW charging stations

Dutch charging company Fastned has unveiled a new generation of DC fast charging stations, developed by ABB, that support charging levels of up to 350 kW. The first of the 350 kW stations is located at a service area on the A8 highway near Amsterdam. The new stations can charge an EV to 500 km… Continue reading Fastned and ABB unveils new generation of 350 kW charging stations