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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
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.
Global EV sales finished strong in the final months of 2020
March 02, 2021
Global sales of NEV (new energy vehicles, which include both BEV and PHEV) skyrocketed in the final two months of 2020, with various models setting historical sales records, according to TrendForce’s latest investigations.
BMW's plant in Leipzig to start battery module production in 2021
September 25, 2020
The BMW Group is further expanding its Germany- based production capacities for electric drives. From 2021, the Leipzig plant will also produce battery modules for the high-voltage batteries of the group’s electrified vehicles.
BMW doubles production capacity for high-voltage batteries in China
September 15, 2020
The BMW Group continues to drive the expansion of electromobility and is adapting its production structures to growing demand for fully and partially electrified vehicles.
Magna expands its powertrain business in Slovakia
August 27, 2020
Mobility solutions company Magma says that it will expand its powertrain business with a new facility in Kechnec, Slovakia, the first powertrain metalforming solutions plant for the company in Europe.
Northvolt secures German state guarantee worth USD 525M
August 17, 2020
The Federal Ministry of Economics says it will support the financing of Northvolt's battery cell factory in Sweden via a state guarantee.
BMW ink supply agreement for battery cells with Northvolt
July 16, 2020
The German auto-giant has signed a long-term supply contract worth EUR 2 billion for battery cells with Swedish newcomer Northvolt.
Germany amps up domestic battery production with massive state subsidies
July 03, 2020
The German government is investing more than EUR 1.5 billion in battery cell research and production.
BMW and Mercedes-Benz halt cooperation in automated driving
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June 25, 2020
The BMW Group and Mercedes-Benz AG are putting their cooperation on development of next-generation technology for automated driving temporarily on hold.
