35 M BY MARK KANE Sion Power, the Arizona-based company acquired by BASF in 2012, announced that production of its groundbreaking Licerion lithium batteries will begin in late 2018 at its Tucson facility. Sion Power’s next generation cells: 400 Wh/kg, 700 Wh/L and 350 cycles under 1C discharge condition Sion Power developed 20 Ah cells… Continue reading Sion Power – Production Of Breakthrough 500 Wh/kg Cell Starts This Year
Tag: Manufacturing
Skoda shoots 34% profit in 2017 and will launch 19 new models in two years
Published 3/21/2018 11: 35: 31CET MLADÁ BOLESLAV (CZECH REPUBLIC), Mar. 21 (EUROPA PRESS) – The Czech car firm Skoda posted a net profit of 1,274 million euros at the end of last year, which is an increase of 34% compared to the 951 million euros it won in 2016, according to data published by the… Continue reading Skoda shoots 34% profit in 2017 and will launch 19 new models in two years
Lear Corporation Expands Seating Structures Plant in Valença, Portugal
SOUTHFIELD, Mich., March 21, 2018 /PRNewswire/ — Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, today announced the opening of the expansion of its automotive seating structures manufacturing facility in Valença, Portugal. Peter Hagemann, Lear’s vice president for European structures operations, will welcome Ana Teresa Lehmann, Portugal’s secretary of state… Continue reading Lear Corporation Expands Seating Structures Plant in Valença, Portugal
XEV plans mass-production 3D printed electric cars
Award winning 3D printer filament manufacturer Polymaker has partnered with Italian car manufacturer XEV to make 3D printed low-speed electric vehicles (LSEVs). While XEV’s LSEVs aren’t the first ever 3D printed cars, the partners believe that this is the first example of additive manufacturing vehicles at scale. Stanley Lu, CEO of XEV, provided 3D Printing Industry… Continue reading XEV plans mass-production 3D printed electric cars
BMW Group stepping up the pace
Munich. The BMW Group is stepping up the pace in its drive to shape tomorrow’s mobility. Two years after the launch of Strategy NUMBER ONE > NEXT, the BMW Group intends to increase upfront expenditure on research and development to an all-time high in 2018, while at the same time remaining steadily on course for a ninth record-breaking… Continue reading BMW Group stepping up the pace
Quandt heirs receive a billion euro dividend
The billion-euro profit of BMW also pays off for the major shareholders Stefan Quandt and Susanne Klatten. The siblings get a generous payout. The workforce also benefits. Susanne Klatten, Stefan Quandt Wednesday, 21.03.2018 14:27 The siblings Stefan Quandt and Susanne Klatten received from BMW shortly 1.1 billion euros in the account. Background: The car company… Continue reading Quandt heirs receive a billion euro dividend
Adient and Arvind set up JV for automotive fabrics
Global leader in automotive fabrics, Adient has announced the launch of its joint venture (JV) with Arvind Group, for manufacturing and selling of automotive fabrics in India. The JV christened Adient Arvind Automotive fabrics will produce high-performance fabrics from the manufacturing facility in Ahmedabad for domestic and global markets. The JV will benefit from synergies… Continue reading Adient and Arvind set up JV for automotive fabrics
Five-seat version of the Atlas extends the SUV range in the USA
Photo Brand 20 March 2018 Five-seat version of the Atlas extends the SUV range in the USA A near-production concept car will be presented at the New York International Auto Show next week. DB2018AL00384 The vehicle has not yet gone on sale and therefore Directive 1999/94 EC does not apply.
German prosecutors register BMW headquarters on suspicion of handling emissions
Posted 3/3/2018 6:24:58 PM MUNICH (GERMANY), Mar. 20 (Reuters / EP) – German prosecutors have registered on Tuesday BMW headquarters in Munich on suspicion that the car firm used an “illegal” software capable of manipulating the levels of emissions of their vehicles. Nearly 100 policemen and law enforcement agents recorded the German manufacturer’s facilities in… Continue reading German prosecutors register BMW headquarters on suspicion of handling emissions
BMW Group statement concerning the ongoing investigation by the public prosecutor’s office Munich
Munich. The BMW Group confirms that the Munich public prosecutor has opened an investigation regarding a software update which has been mistakenly allocated to around 11,400 BMW 750d and BMW M550d vehicles. On 20 March, employees of the prosecutor’s office searched two BMW Group locations in connection with the investigation. As previously communicated, in the… Continue reading BMW Group statement concerning the ongoing investigation by the public prosecutor’s office Munich