“At ŠKODA AUTO, we use 3D printing to manufacture components and tools faster, more efficiently and more cost-effectively and make targeted use of technologies from Industry 4.0. This is how we are implementing our FORCE programme for the Future Factory and pushing ahead with digitalising our production sites. I am delighted that our project has… Continue reading @VW Group: 3D printing process at ŠKODA AUTO receives award from the Confederation of Industry of the Czech Republic004348
Tag: Strategy
ALYI Views $1.7 Billion Harley-Davidson LiveWire SPAC As Validation Of ALYI’s Own Electric Motorcycle Business
LiveWire indicates it will have two strategic partners, Harley-Davidson and the Taiwanese based powersports company KYMCO. “At risk of seeming immodest, ALYI implemented what now seems to be the Harley-Davidson electric motorcycle business plan before Harley-Davidson,” said Alternet Systems CEO, Dr. Randell Torno. “We married western design with Asian manufacturing to develop electric motorcycles for… Continue reading ALYI Views $1.7 Billion Harley-Davidson LiveWire SPAC As Validation Of ALYI’s Own Electric Motorcycle Business
EEI Global Sells 25-Acre Headquarters and Production Facility to Prefix; Will Relocate to an Existing Prefix Facility in April 2022
ROCHESTER HILLS, Mich., Dec. 13, 2021 /PRNewswire/ — EEI Global, a leading experiential marketing firm, today announced it has sold its 25-acre company headquarters and production facility in Rochester Hills to automotive supplier Prefix. As part of the agreement, EEI Global will relocate to an existing facility in Rochester Hills currently occupied by Prefix. EEI… Continue reading EEI Global Sells 25-Acre Headquarters and Production Facility to Prefix; Will Relocate to an Existing Prefix Facility in April 2022
People Digest: B Capital appoints chief people officer; Google Cloud names SG, MY country head …
B Capital Group appoints Sandi Sadek as partner and chief people officer while Google Cloud appoints Cherie Ng as Singapore and Malaysia country director. Sandi Sadek is B Capital’s new partner and chief people officer B Capital Group has appointed Sandi Sadek as partner and chief people officer, according to a company statement. Sadek is… Continue reading People Digest: B Capital appoints chief people officer; Google Cloud names SG, MY country head …
Lightning eMotors Announces Strategic EV Battery Partnership for Supply of CATL Battery Systems
Lightning eMotors signs two-year agreement to purchase 175 megawatt-hours (MWh) of CATL battery products CATL products chosen due to their proven track record for safety, reliability, and long life-cycle Agreement further diversifies Lightning eMotors’ battery pack options, enhancing the company’s ability to produce and deliver new vehicles at a faster pace Lightning eMotors working with… Continue reading Lightning eMotors Announces Strategic EV Battery Partnership for Supply of CATL Battery Systems
Harley-Davidson’s EV motorcycle unit LiveWire to go public via SPAC
Harley-Davidson is taking its electric motorcycle division LiveWire public through a merger with a blank check company sponsored by executives of AEA Investors and Bridges Fund Management. The agreement with special purpose acquisition company AEA-Bridges Impact Corp (ABIC) will preserve much of Harley-Davidson’s ownership while giving LiveWire access to the capital that the public markets… Continue reading Harley-Davidson’s EV motorcycle unit LiveWire to go public via SPAC
New Forecasts: 79% of all new car sales in 2045 will be BEVs; automotive aftermarket e-commerce to reach $47 billion by 2025
E-commerce adoption has grown from 6.5% in 2018 to 12.1% in 2021, representing nearly a 100% increase. Tweet this The 30-page 2021 Joint Electrification Forecast report includes: A complete projection of the growth of EV of new car sales and vehicles in operation (VIO) through the year 2045 under three scenarios: base, low, and high… Continue reading New Forecasts: 79% of all new car sales in 2045 will be BEVs; automotive aftermarket e-commerce to reach $47 billion by 2025
Sona Comstar opens new research and innovation centre for EVs in Chennai
New Chennai research and innovation centre will complement Sona Comstar’s two existing technical centres in Chennai and one in Gurugram. (Image: Sona Comstar / Twitter) Sona Comstar, which is making speedy moves on the vehicle electification front, has opened a new state-of-the-art research and innovation centre in Chennai. This facility aims to foster development of advanced… Continue reading Sona Comstar opens new research and innovation centre for EVs in Chennai
Daimler Reveals Chinese Partner Doubled Stake Years Ago
(Bloomberg) — When a Chinese billionaire became Daimler AG’s biggest shareholder in 2018, it caused quite a stir. Another Chinese investor took an even bigger stake the following year, the Mercedes-Benz maker just disclosed for the first time. Most Read from Bloomberg Daimler announced Monday that BAIC Automotive Group Co. almost doubled its stake in… Continue reading Daimler Reveals Chinese Partner Doubled Stake Years Ago
China carmaker BAIC has 9.98% stake in Daimler, no plans to raise it further
BERLIN (Reuters) -Daimler on Monday said its Chinese shareholder Beijing Automotive Group Co Ltd (BAIC) does not plan to increase its stake in the German luxury carmaker beyond the 9.98% stake it has held since 2019. The German carmaker said BAIC told Daimler after the Daimler Truck spinoff on Friday that it has held a… Continue reading China carmaker BAIC has 9.98% stake in Daimler, no plans to raise it further