Sono Motors hits its target - community funding works
January 22, 2020The Munich-based mobility provider Sono Motors has successfully completed the extension of its campaign to finance the company and has exceeded its target of EUR 50 million.
GKN team up with Delta on eDrive technology
January 20, 2020GKN Automotive and Delta Electronics are collaborating on the joint development that aims to enable the rapid acceleration of next generation integrated 3-in-1 eDrive systems of power classes from 80kW to 155kW.
Stoneridge appoints new VP of operations
January 14, 2020Stoneridge Inc. has announced Kevin Heigel as its new vice president of operations.
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General Motors, LG Chem partner in Ohio
December 06, 2019General Motors and LG Chem have announced plans to form a joint, equally-owned company to mass-produce electric vehicle battery cells.
Lucid Motors sees EV facility groundbreaking
December 05, 2019Lucid Motors has officially begun phase-one construction of its EV manufacturing facility in Arizona, representing an investment of more than USD 300 million.
Nidec completed acquisition of Roboteq
December 05, 2019Nidec Corporation has completed the acquisition of 90% ownership of Roboteq Inc., a U.S.-based designer of ultra-low voltage (ULV) drives, from its owners through Nidec Motor Corporation.
Sono Motors launches community funding campaign
December 03, 2019The German mobility provider Sono Motors launched one of the biggest community funding campaigns in Europe yesterday. The company’s campaign target is to generate EUR 50 million between now and December 30, 2019, with preorders from existing and new supporters.
Invertek Drives boosts product testing thanks to cobots
November 22, 2019Invertek Drives, a designer and manufacturer of variable frequency drives (VFDs), has incorporated two UR5 cobots into the testing phase of its production line.
ZF and Wolong Electric form JV for electric motors
November 20, 2019ZF Friedrichshafen and China’s Wolong Electric Group are stepping up their existing cooperation. The two companies have signed an agreement to establish a joint venture that will produce components and electric motors for automotive applications.
Veoneer joins Autonomous Vehicle Computing Consortium
November 19, 2019Veoneer has joined the Autonomous Vehicle Computing Consortium (AVCC) to speed autonomous driving vehicle development.
Former GM plant now Lordstown Motors Corp.
November 08, 2019General Motors’ shuttered Lordstown plant in Ohio, which closed in March, is now in the hands of an electric truck start-up that is looking to begin production in about a year.
Brose to open new location in Serbia - creating new jobs
November 05, 2019Automotive supplier, Brose, is investing millions of euros in the building of a new location in Serbia for electric motors and drives.
Omron Automotive Electronics is now in the hands of Nidec
November 01, 2019Nidec Corporation has completed the acquisition of Omron Automotive Electronics Co. Ltd. from Omron Corporation.
Analog Devices acquires Test Motors
October 30, 2019Analog Devices, Inc. (ADI) announces that it acquiring Test Motors, a company specialising in predictive maintenance of electric motors and generators.
Major investments part of tentative UAW, GM deal
October 21, 2019Details of the tentative agreement hatched between General Motors and UAW last week are emerging, including GM’s pledge to invest USD 3 billion in the Detroit-Hamtramck assembly plant.
Nidec continues Polish investment
October 15, 2019Nidec Motors & Actuators continues to expand in Poland and decided to invest a further PLN 165.2 million (EUR 3.8 million) in Kraków's special economic zone in Niepołomic.
Vitesco supplies Electric Drive for new models of Groupe PSA and Hyundai
October 14, 2019Vitesco Technologies, the drivetrain business of Continental, has signed agreements with Groupe PSA and Hyundai to supply the first fully integrated electric axle drive system for various volume-production models.
Mitsubishi Electric expands with new plant in India
October 08, 2019Mitsubishi Electric will start construction of a new plant on the premises of its subsidiary Mitsubishi Electric Automotive India Pvt. Ltd (MEAI) in Gujarat, India.
GM, UAW talks stall as key issues go unresolvedLoad more news
October 07, 2019Ongoing talks between GM and UAW, with the strike now in its fourth week, stalled out over the weekend with Mexico production becoming a major sticking point.