BMW ink supply agreement for battery cells with Northvolt
July 16, 2020The 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, 2020The 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
June 25, 2020The BMW Group and Mercedes-Benz AG are putting their cooperation on development of next-generation technology for automated driving temporarily on hold.
Construction starts at Kyungshin new factory in Serbia
June 03, 2020The South Korean automotive company has initiated the construction of its new facility in the municipality of Smederevska Palanka in Serbia – once completed 700 new jobs will be created.
Progress is being made for BMW’s new plant in Hungary
May 19, 2020Preparations for the future BMW Group plant in Debrecen, Hungary, have reached important milestone. Following successful preparation of the land by the City, the official handover process has now started.
Kyungshin Cables to make a €20 million investment in Serbia
March 17, 2020The South Korean cable plans to invest EUR 20 million in the construction of a factory for electric vehicle charger cable sets in Smederevska Palanka, Serbia.
Covid-19 forces Italian EMS to shut down plant
February 28, 2020Italian EMS provider MTA, a designer and manufacturer of electronic and electromechanical components for the automotive industry, has been forced to close its Codogno production plant following regulations set by the Italian Minister of Health.
ZKW expands locations in Mexico and Slovakia
January 10, 2020Before wrapping up 2019, the Austrian lighting systems specialist announced investments a total of over EUR 210 million euros in its production plants in Mexico and Slovakia.
Mitsubishi and NTT new investors for HERE Technologies
December 31, 2019Mitsubishi Corp. and Nippon Telegraph and Telephone Corp. (NTT) of Japan are to jointly acquire a 30% ownership stake in HERE Technologies.
LION Smart signs initial series supply contract for BMW batteries
December 27, 2019LION E-Mobility AG announces that the Canadian customer "The Lion Electric Co." signed a potential multi-million-euro series supply contract of BMW batteries with LION Smart GmbH.
BMW is betting billions on e-mobility – awards massive battery contracts
November 21, 2019The BMW Group is forging ahead with electromobility and deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. Limited) and Samsung SDI.
Magna expands lighting capabilities by acquiring Wipac Czech
November 21, 2019Magna has agreed to acquire Wipac Czech s.r.o., a automotive lighting engineering firm located in Ostrava, Czech Republic.
BMW's new battery cell centre to handle everything from material to prototyping
November 18, 2019The BMW Group is looking fortify its position in the world of electric mobility and has pooled its many years of experience with battery cells and extensive knowledge in the field in a new Competence Centre.
RBVC, Ford and BMW invests in flexible electric circuit start-up
October 31, 2019Robert Bosch Venture Capital GmbH (RBVC), the venture capital company of the Bosch Group, announces that it has completed a series B follow-on investment in CelLink Corporation.
CATL starts construction of its first overseas factory in Germany
October 21, 2019A groundbreaking ceremony of the first overseas factory for lithium-ion battery maker CATL took place on October 18 in Thuringia, Germany, marking the start of construction of the first lithium-ion battery factory in Germany.
New Faraday Future CEO announced
September 04, 2019California-based global shared intelligent mobility company Faraday Future has appointed a new CEO to its ranks, replacing company Founder YT Jia, whose resignation was announced in August.
BMW & JRL team up on next-gen electrification technology
June 14, 2019As it develops its plans for the mobility of the future, the BMW Group is increasingly focusing on co-operations to help make next-level electrification technology more widely available to customers by the start of the coming decade.
Northvolt completes funding for first homegrown gigafactory
June 12, 2019Swedish battery manufacturing company, Northvolt, announces that is has completed the funding needed to enable the establishment of Europe’s first homegrown gigafactory for lithium-ion battery cells, Northvolt Ett, in Skellefteå, Sweden.
Aurora picks up Blackmore in first major acquisition
May 29, 2019Self-driving tech start-up Aurora is buying Montana-based lidar company Blackmore Sensors & Analytics.
Automotive supplier to set up shop in SerbiaLoad more news
May 24, 2019Xingyu Automotive Lighting System, a Chinese supplier to the automotive industry will set up a manufacturing plant in the Serbian city of Nis.