BASF and Porsche partner batteries for electric vehicles
BASF has been selected by Cellforce Group, a joint venture between Porsche and Customcells, as the exclusive cell development partner for its next generation lithium-ion battery.
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Exro opens US HQ in Arizona - joins E-mobility R&D ecosystem
Exro Technologies, a developer power electronics for electric motors and batteries, has announced the location of its U.S. headquarters in Mesa, Arizona. The company plans to hire 50 employees over the next 18 months.
PIERER Mobility forms Joint Venture in Bulgaria
PIERER Mobility AG is joining forces with mobility company MAXCOM for form a joint venture for e-bike production in Bulgaria.
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Hanza increases sales and swings to profit during 2Q
In the spring of 2021, Hanza managed to secured a number of new customers and projects. To meet the demand, the company continues to develop its manufacturing clusters and during the second quarter, a decision was made to invest an additional SEK 35 million (EUR 3.44 million).
German EV startup expands with production in Bulgaria
Next.e.GO Mobile SE, the German battery electric car manufacturer, says that it has entered into an agreement in Bulgaria to build its second new micro-factory in Lovech.
Habia Cable expands Polish production with new factory
Swedish Habia Cable announces that it will expand its operations in Poland with the construction of a new production facility.
North American EMS industry up 1.9% in June
Total North American EMS shipments in June 2021 were up 14.3% compared to the same month last year. Compared to the preceding month, June shipments grew 31.3%.
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Rivian closes $2.5 billion funding round
The electric car company announces that it has closed a $2.5 billion private funding round. The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. Rowe Price Associates, Inc.
Valmet Automotive inks manufacturing deal with Lightyear
Valmet Automotive has signed a letter of intent on vehicle manufacturing with Lightyear, the Netherlands-based technology company.
Blackstone receives subsidy and operating permit for 3D battery production
Blackstone Resources' German subsidiary, Blackstone Technology GmbH, has received the official operating-permit from the authorities of the city of Döbeln to start production of 3D printed Li-ion battery-cells.
Magna to acquire Veoneer
Magna International announces that the comapny have entered into a definitive merger agreement under which Magna will acquire automotive safety technology company Veoneer.
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Nidec in discussions regarding JV with Hon Hai and Foxtron
Nidec Corporation has agreed to start discussions on establishing a joint venture with Hon Hai Technology Group and Foxtron Vehicle Technologies of Hon Hai Technology Group in Taiwan.
Bosch is making three new investments in Hungary
The German company says is will strengthen the significance of its site in Maklár, Hungary. The company will make three new investments in Maklár where the poduction of electric steering will be expanded and a global service centre will be built.
Saki beefs up customer support services at Nara factory
Japanese inspection specialist Saki Corporation has added a dedicated customer demonstration room for pre-acceptance check of inspection equipment as well as a Parts Center for centralised management of inventory and supply at its Nara factory.
SVOLT and Stellantis enter battery partnership
Chinese headquartered SVOLT has entered into a partnership with automotive holding company Stellantis, the owner of brands such as Chrysler, Citroën, Fiat, Opel and Peugeot.
Volvo to take full ownership of its Chinese manufacturing and sales operations
Volvo Cars has signed an agreement with its parent Geely Holding to acquire Geely's stake in the parties joint ventures in China, with the aim of taking full ownership of its car manufacturing plants and sales operations in the country.
Mycronic receives order for two SLX systems
Mycronic AB has received an order for two SLX systems from a new customer in Asia.
Mission Critical Electronics acquires ZeroRPM
Mission Critical Electronics (MCE), a California-based designer and manufacturer of electrical power solutions for specialty vehicle, marine, network and industrial markets, is acquiring ZeroRPM.
Teledyne awarded $39.2M for autonomous underwater vehicles
Teledyne's subsidiary, Teledyne Brown Engineering, Inc., has been awarded an indefinite-quantity/indefinite-delivery contract with a maximum base value of USD 27.4 million from the U.S. Navy for the Littoral Battlespace Sensing-Glider (LBS-G) program. The contract includes a single five-year ordering period and five one-year option periods. The option periods, if exercised, have a ceiling value of USD 39.2 million.
ABB to acquire ASTI Mobile Robotics Group
ABB will acquire ASTI Mobile Robotics Group (ASTI), a global autonomous mobile robot (AMR) manufacturer with a portfolio across all major applications enabled by the company’s software suite.
Verkor raises €100M to develop battery cells in France
Co-led by EQT Ventures and Renault Group, the new capital will allow Verkor to break ground on an advanced R&D facility and pilot line for battery cell manufacturing – a leap forward in its roadmap to 50 GWh battery production capacity by 2030.
Altix receives new order for AcuReel XL imaging system
Altix has received its first order for its AcuReel XL from a undisclosed European FPC manufacturer.
Veoneer partners with Baraja
Swedish automotive technology company Veoneer, has signed an agreement with pioneering LiDAR company Baraja to industrialise their Spectrum-Scan LiDAR technology for the next market wave of L2+ through L4 autonomous vehicle applications.
Jenoptik achieves record figures in 2Q 2021
The Jenoptik Group achieved record figures in order intake, revenue and EBITDA in the second quarter 2021 and due to this the company raises its guidance for the fiscal year 2021.
Lockheed Martin opens new STAR center
Lockheed Martin has opened its Florida-based "factory of the future", an advanced manufacturing facility to expand Orion spacecraft production.
AEye partners with Sanmina to scale LiDAR production
AEye, Inc. a provider of adaptive, high-performance LiDAR solutions, has tapped Sanmina for its manufacturing muscles. The EMS provide will start production of AEye’s 4Sight M LiDAR sensor for industrial and mobility markets in September.
Swedens importance for Kitron
Sweden as a geographic market drives Kitron. The EMS provider recorded revenues of NOK 994 million (EUR 96.4 million) during the second quarter of 2021, out of this total, NOK 472.3 million (EUR 45.5 millon) came from the Swedish market.
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