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ZKW expands production at Mexican location
July 28, 2022
Lighting systems specialist invests an additional total of over USD 102 million in production plant in Silao, Mexico.
Northvolt raises $1.1 billion for its factory rollout plans
July 05, 2022
Northvolt today announced the signing of a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly expanding demand for batteries.
BMW Group brings e-drives to Austria
June 21, 2022
From 2025 onwards, BMW's next generation of e-drives will be created in Steyr – with both production and development on site – as company's plant Steyr embarks on an electrified future.
Construction starts at BMW’s new Hungarian plant
June 07, 2022
Construction has officially started at BMW Group’s new plant in Debrecen, Hungary, as the foundation stone is laid.
NEV market grew in 1Q22 – global sales exceeded 2M units
May 16, 2022
According to TrendForce data, total sales of new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) in 1Q22 was 2.004 million units, an annual growth rate of 80%.
Construction of BMW's plant in Debrecen enters next phase
February 24, 2022
As basic infrastructure such as public utilities, roads and parking lots have been completed, it's time for to enter the next phase of the project and erect the buildings that will make up BMW Group plant in Debrecen, Hungary.
Northvolt assembles first battery cell at Swedish gigafactory
December 29, 2021
Swedish battery manufacturer, Northvolt, has officially assembled its first battery cell at its manufacturing facility in Skellefteå, northern Sweden.
BMW is looking to secure its chip supply - inks several deals
December 08, 2021
The German auto group has signed a trilateral agreement with microchip developer INOVA Semiconductors and semiconductor foundry GlobalFoundries with the goal of securing several million semiconductors per year.
GaN Systems raises $150M to speed up adoption of GaN technology
November 22, 2021
GaN Systems announces a USD 150 million growth capital funding round to accelerate innovation and adoption of GaN technology across its automotive, consumer, industrial, and enterprise markets.
BMW turns to Qualcomm for automated driving collaboration
November 18, 2021
Qualcomm Technologies will bring the latest advancements in driver assistance technologies, and products of its Snapdragon Ride Platform, to BMW Group's next generation of advanced driver-assistance systems (ADAS) and automated driving (AD) platforms.
Solarwatt opens new production line in Dresden / Germany
September 28, 2021
Solarwatt opened a new production line for photovoltaic modules in south-east Germany. It is part of a EUR 100 million investment announced earlier.
ZKW expands its location in Mexico once again
September 21, 2021
The lighting systems and electronics specialist says that it is expanding the location by an additional 21,000 square meters, which will increases the production area to a total of 35,000 square meters.
GaN Systems signs agreement with BMW Group
September 14, 2021
GaN Systems has signed a capacity agreement with BMW Group. Under the terms of the agreement, GaN Systems is to provide capacity for multiple applications in series production.
BMW: More production for CATL, EVE Energy, Samsung SDI and Northvolt
September 06, 2021
German automobile maker BMW AG has boosted is said to have increased battery cell orders to keep pace with accelerating demand for electric cars.
Chip shortage creates problems for VW in Germany
August 20, 2021
Due to the lack of semiconductor components, production at Volkswagen's main facility in Wolfsburg (Germany) will start with short-time work for many workers coming back from their summer holidays.
Northvolt raises $2.75 billion to expand Swedish gigafactory
June 09, 2021
The Swedish battery manufacturer says it has signed a USD 2.75 billion private placement to finance further battery cell production capacity and R&D efforts. The company is looking to expand its Swedish gigafactory, Northvolt Ett, from 40 to 60 GWh of annual capacity.
BMW invests in solid-state startup
May 04, 2021
Solid Power, a producer of all solid-state batteries for electric vehicles, has raised USD 130 million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies.
BMW steps up sustainable sourcing of lithium
March 30, 2021
The German automotive giant will be accelerating its expansion of e-mobility in the coming years. This will also increase the need for lithium in order to secure a steady flow of battery cells. Therefore, the company will source lithium from a second supplier, US-based Livent.
Germany backs development of ultracapacitor production technology
March 12, 2021
Skeleton Technologies has announced plans to develop new production technology and fully automate manufacturing in its Großröhrsdorf factory.
Test specialists breaks ground on new expansion in Munich
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March 08, 2021
EDAG Group, an engineering service provider to the mobility industry, is bundling its test competences in a new building at the "Waldmeisterstraße" site in Munich, Germany. in direct vicinity of the BMW Group's Research and Innovation Centre.
