NEW YORK and LONDON, Sept. 7, 2023 /PRNewswire/ — Tiger Infrastructure Partners today announced the sale of its interest in London-based portfolio company Zenobē to KKR, a leading global investment firm, and Infracapital, the infrastructure equity investment arm of M&G Plc and a current investor in Zenobē. The transaction marks Tiger’s successful exit from an… Continue reading TIGER INFRASTRUCTURE PARTNERS EXITING ZENOBĒ, WHICH IT HELPED SCALE TO LEADERSHIP IN BATTERY STORAGE AND ELECTRIC VEHICLE FLEETS, VIA KKR-LED CAPITAL RAISE
Tag: Manufacturing
DON’T COMPROMISE BATTERY HEALTH: STOREDOT WARNS INDUSTRY AMID EXTREME FAST CHARGING BATTERY TECHNOLOGY RACE
StoreDot reiterates its commitment to Extreme Fast Charging (XFC) chemistry that minimizes battery degradation in EVs Amid claims of fast charge times and extended ranges from competitors, StoreDot stresses the importance of transparent communication on XFC including long-term battery health concerns StoreDot’s unique silicon-dominant chemistry prioritizes battery lifespan and safety while delivering high charge rates… Continue reading DON’T COMPROMISE BATTERY HEALTH: STOREDOT WARNS INDUSTRY AMID EXTREME FAST CHARGING BATTERY TECHNOLOGY RACE
German Handelsblatt: Auto supplier: Schaeffler increases investment in green steel007679
Steel production It takes a lot of energy to produce steel in a blast furnace. (Photo: dpa) The Herzogenaurach-based automotive and industrial supplier Schaeffler is massively increasing its investments in the green steel start-up H2 Green Steel. Schaeffler gave a further 65 million euros in the latest financing round, the company announced on Monday. The… Continue reading German Handelsblatt: Auto supplier: Schaeffler increases investment in green steel007679
German Handelsblatt: Auto supplier: Schaeffler increases investment in green steel007679
Steel production It takes a lot of energy to produce steel in a blast furnace. (Photo: dpa) The Herzogenaurach-based automotive and industrial supplier Schaeffler is massively increasing its investments in the green steel start-up H2 Green Steel. Schaeffler gave a further 65 million euros in the latest financing round, the company announced on Monday. The… Continue reading German Handelsblatt: Auto supplier: Schaeffler increases investment in green steel007679
ZF produces millionth Traxon transmission for heavy duty commercial vehicles
ZF’s Commercial Vehicle Solutions (CVS) division has achieved a major production milestone for its TraXon transmission system as the one-millionth unit rolled off the assembly line at Friedrichshafen on September 11. Launched in 2014, ZF’s TraXon has achieved a strong reputation for efficiency and performance. “When it comes to transmission systems, TraXon sets the standards… Continue reading ZF produces millionth Traxon transmission for heavy duty commercial vehicles
ZF produces millionth Traxon transmission for heavy duty commercial vehicles
ZF’s Commercial Vehicle Solutions (CVS) division has achieved a major production milestone for its TraXon transmission system as the one-millionth unit rolled off the assembly line at Friedrichshafen on September 11. Launched in 2014, ZF’s TraXon has achieved a strong reputation for efficiency and performance. “When it comes to transmission systems, TraXon sets the standards… Continue reading ZF produces millionth Traxon transmission for heavy duty commercial vehicles
GKN Automotive’s new plant in Hungary to begin production in October
Drive systems company GKN Automotive has completed construction of a new manufacturing facility in Felsozsolca near Miskolc, north-eastern Hungary, to remain close to its OEM customers. The automotive industry has become a dominant industry in Hungary, with 420,000 cars and 1.9 million engines produced every year. With many of its current and potential OEM customers… Continue reading GKN Automotive’s new plant in Hungary to begin production in October
Stellantis targets 50% battery weight reduction to help EVs match ICE cars
Stellantis is targeting a 50% weight reduction in batteries by 2030 in a bid to lighten electric cars nearer to their combustion-engined equivalents. “The battery today is just too heavy; the vehicle is too heavy. We shouldn’t be going backwards,” said Ned Curic, head of engineering and technology, at the opening of the company’s new… Continue reading Stellantis targets 50% battery weight reduction to help EVs match ICE cars
Stellantis targets 50% battery weight reduction to help EVs match ICE cars
Stellantis is targeting a 50% weight reduction in batteries by 2030 in a bid to lighten electric cars nearer to their combustion-engined equivalents. “The battery today is just too heavy; the vehicle is too heavy. We shouldn’t be going backwards,” said Ned Curic, head of engineering and technology, at the opening of the company’s new… Continue reading Stellantis targets 50% battery weight reduction to help EVs match ICE cars
Exclusive: Skoda CEO Klaus Zellmer says next phase of investment in India approved, targets 5% share by 2030
Having built a modest base with India 2.0 products, Czech carmaker Skoda Auto is looking to build its presence in both the mainstream and the top end of the market, including electric vehicles. In an exclusive interview to Autocar Professional on the sidelines of the IAA Mobility Show 2023 last week in Munich, Skoda Auto… Continue reading Exclusive: Skoda CEO Klaus Zellmer says next phase of investment in India approved, targets 5% share by 2030