AESC Group starts work on a $1.1bn battery plant in Spain
July 16, 2024
Japan-based electric vehicle (EV) battery manufacturer AESC has broken ground on a full scale facility at Navalmoral de la Mata in Spain’s Caceres province.
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Blue Solutions to invest €2 billion in French gigafactory
May 30, 2024
Blue Solutions, a French solid-state battery company, is planning to build a EUR 2 billion gigafactory in eastern France.
Global new energy vehicle sales reach 2.656 million units in Q1
May 31, 2023
TrendForce reports the total sales of New Energy Vehicles (NEVs) – comprising BEVs, PHEVs, and FCVs – reached 2.656 million units in the first quarter of 2023, marking a 28% YoY increase.
Motherson opens wiring harness facility in Serbia
September 12, 2022
Indian automotive component supplier Motherson has officially inaugurated its new manufacturing facility in Požarevac, Serbia.
Daimler Truck acquires a stake in Manz
May 26, 2022
Manz AG has gained a strong cooperation partner and new anchor shareholder in Daimler Truck AG. The German auto-giant invested in Manz AG as part of a capital increase and now holds approximately 10% of the company's share capital.
Valens Semi and PTK Acquisition conclude business combination
September 30, 2021
Valens Semiconductor and PTK Acquisition Corp. have completed their previously announced business combination. The combined company will be called Valens.
Daimler and Nokia sign patent licensing agreement
June 01, 2021
Daimler and Nokia announced today that they have signed a patent licensing agreement.
Daimler Truck AG and CATL expand global partnership
May 28, 2021
Commercial vehicle manufacturer Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. Limited (CATL) announced the intensification of their existing partnership
Daimler and Volvo Group complete creation of fuel-cell JV
March 02, 2021
Daimler Truck AG and the Volvo Group today completed the transaction to form their previously announced fuel-cell joint venture; cellcentric.
CATL to guarantee high-volume battery supply to Mercedes-Benz
August 07, 2020
Mercedes-Benz and CATL (Contemporary Amperex Technology Co., Limited) have entered the next stage of their partnership which will focus on the creation of battery technology to support the high-volume electrification of the car makers portfolio.
Mercedes-Benz takes equity stake in Farasis
July 06, 2020
Mercedes-Benz is taking another important step on its journey towards CO₂--neutral mobility. The Stuttgart-based car manufacturer has launched a strategic partnership with Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., Ltd., including taking an equity stake.
BMW and Mercedes-Benz halt cooperation in automated driving
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.
Daimler’s battery production in Kamenz gradually increases production
May 28, 2020
Local battery production is described as an important success factor for Mercedes-Benz AG’s electric offensive and a key element to flexibly and efficiently meet the global demand for electrified vehicles.
Volvo and Daimler form JV for large-scale production of fuel cells
April 22, 2020
Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The intention is to develop, produce and commercialise fuel cell systems for heavy-duty vehicle applications and other use cases.
Haldex Heidelberg staff urges management to reconsider the closure
January 24, 2020
It was back in October of 2019 that Haldex announced that it was streamlining its production in Europe, a decision that would see the move of production from Heidelberg in Germany to Szentlörincskáta in Hungary.
ZKW expands locations in Mexico and Slovakia
January 10, 2020
Before 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.
Daimler to 'cut thousands of jobs'
December 02, 2019
Daimler and the General Works Council have agreed on key points in order to streamline the group structure and thus increase efficiency and flexibility. Therefore, measures to reduce costs and employment have jointly been agreed upon.
Magna expands lighting capabilities by acquiring Wipac Czech
November 21, 2019
Magna has agreed to acquire Wipac Czech s.r.o., a automotive lighting engineering firm located in Ostrava, Czech Republic.
ABB to acquire Chinese EV charging provider
October 28, 2019
ABB says the company is to acquire a majority stake of 67% in Shanghai Chargedot New Energy Technology Co., Ltd., a Chinese e-mobility solution provider.
Coming soon to a sky near you: Volocopter
October 25, 2019
Micron Ventures, the investment arm of Micron Technology Inc., has led a USD 55 million Series C investment round in urban air-mobility (UAM) pioneer Volocopter.
CATL starts construction of its first overseas factory in Germany
October 21, 2019
A 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.
Elektrobit opens software lab in Berlin
October 14, 2019
Kickstarts the new office by signing a collaboration agreement with Daimler subsidiary MBition.
PowerCell signs joint development agreement with Bosch
April 29, 2019
PowerCell and Robert Bosch GmbH have signed an agreement regarding the development, production and sale of the PowerCell S3 fuel cell stack for the automotive segment.
Daimler, Sila Nano team up on next-gen battery materials
April 16, 2019
Daimler AG has acquired a minority equity stake in U.S. battery material specialist Sila Nanotechnologies Inc. (Sila Nano) as part of its research and development activities. Included in the equity stake for Daimler is a seat in the board of directors of Sila Nano.
Daimler expands its global battery production network
April 09, 2019
At the site of the Mercedes-Benz Untertürkheim plant in Germany, the company is kicking off the construction of a battery factory at the Brühl sub-plant.
Daimler Trucks picks up majority stake in Torc Robotics
April 01, 2019
Daimler Trucks, a division in the Daimler Group and manufacturer of heavy and medium trucks, and Torc Robotics, are partnering to commercialize highly-automated trucks (SAE Level 4) for U.S. highways.
Daimler & Geely form JV to make smart an all electric carmaker
March 28, 2019
The German automotive group and Zhejiang Geely Holding Group are teaming up to form a 50-50 globally focused joint venture to own, operate and further develop the smart brand.
EM-motive is now in the hands of Bosch
January 28, 2019
Bosch is now assuming full control of EM-motive, a European manufacturer of electric motors.
Daimler to expand its global battery production network
January 22, 2019
In the course of the electric initiative, Mercedes-Benz Cars will build a battery factory at the Polish site in Jawor and with that further extend its global battery production network of up to nine factories.
Daimler invests heavily in automated trucks
January 09, 2019
EUR 500 million, that how much the automotive giant is investing over the next years in its global push to bring highly automated trucks (SAE level 4) to the road within a decade.
Daimler is a 'big spender' when it comes to battery cells
December 13, 2018
Daimler is investing EUR 10 billion in the expansion of the Mercedes-Benz Cars electric fleet and an additional EUR 1 billion in its global battery production network.
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