AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner has secured a contract with a major OEM to supply high voltage inverters for battery electric vehicle (BEV) platforms including a variety of passenger cars and trucks. The business award marks the company’s largest major silicon carbide based (SiC) inverter win and the first silicon carbide based… Continue reading BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM
Tag: Electric vehicles
BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner will be providing a new, high-voltage silicon carbide (SiC) inverter to a large German automaker for implementation in its next-generation electric vehicles. The BorgWarner 800V SiC inverter with proprietary power switches provides a more compact and efficient power module, resulting in higher electric vehicle range and enhanced driving… Continue reading BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles
Volkswagen invests in EU-backed energy transformation fund
The move is in line with other steps by Volkswagen, which in September unveiled plans to set up its own 300 million euro ($348 million) venture capital fund to invest in decarbonisation projects and start-ups in the field. Volkswagen is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms… Continue reading Volkswagen invests in EU-backed energy transformation fund
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2021001561
A very warm welcome to all of you! The BMW Group is profitable and the company is growing. This is thanks to our customers around the world as well as the strong demand for our diverse range of products and drivetrain technologies. We delivered 1.9 million BMW, MINI and Rolls-Royce vehicles to customers in the… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2021001561
@BMW: BMW Group boosts performance with significantly higher earnings001558
Munich. The BMW Group continued to demonstrate its high level of profitability in the period from July to September 2021, with revenues, profit before tax and net profit all at record levels for a third quarter. The Group’s strong performance during this period was driven in particular by favourable product mix factors and positive pricing… Continue reading @BMW: BMW Group boosts performance with significantly higher earnings001558
Samsung SDI recorded all-time high quarterly earnings in the third quarter… “Demand for high-performance electric vehicle batteries increases”
Samsung SDI achieved an all-time record high in the third quarter due to demand for high-performance electric vehicle batteries. Samsung SDI announced on the 2nd that it recorded KRW 3.4398 trillion in sales and KRW 373.5 billion in operating profit in the third quarter. Sales increased by 11.4% compared to the same period last year, and… Continue reading Samsung SDI recorded all-time high quarterly earnings in the third quarter… “Demand for high-performance electric vehicle batteries increases”
Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…
BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Q3 net profit 2.58 bln euros vs forecast 2.38 bln Q3 deliveries fell 12.2%, but revenues up 4.5% Q3 autos EBIT margin 7.8% BERLIN, Nov 3 (Reuters) – Higher prices and strong electric vehicle sales helped… Continue reading Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…
Autos & TransportationVolkswagen invests in EU-backed energy transformation fund8:08 AM UTC
A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer FRANKFURT, Nov 3 (Reuters) – Volkswagen (VOWG_p.DE) is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms in the field of energy transformation. The carmaker, which has committed… Continue reading Autos & TransportationVolkswagen invests in EU-backed energy transformation fund8:08 AM UTC
e.GO Mobile electric vehicle manufacturer announces launch of smart Battery Swap service – the “e.Pit”
Customers, who may find themselves in need of dealing with an unexpected occasion that requires a trip longer than usual, could utilize this smart in-built feature of their e.GO Life to swap the nearly depleted battery with a fully charged one in a designated e.GO battery swap station – the “e.Pit”. They can pick up… Continue reading e.GO Mobile electric vehicle manufacturer announces launch of smart Battery Swap service – the “e.Pit”
Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech
Ford Motor Company and Newlab, a community of experts and innovators applying transformative technology to solve the world’s biggest challenges, recently announced the five startups that will participate in the inaugural cohort of the Mobility Studio—a new program focused on supporting the advancement of technologies, product collaborations, and business models that drive a cleaner transportation future. The… Continue reading Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech