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Prices of consumer-spec MLCCs will drop further in 2H22
June 16, 2022
China sticking with its “Dynamic Zero-COVID Policy” and the ongoing global inflation is, according to TrendForce, impacting the MLCC market in terms of demand and inventory.
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%.
Neways names Fiona Lam as new CFO
May 16, 2022
The Supervisory Board of Neways Electronics has appointed Loi Ieng (Fiona) Lam as the company's new CFO and member of the Executive Board. She will succeed Paul de Koning, who after seven years as Neways’ CFO, will step down on the first of August 2022.
LG Magna e-Powertrain breaks ground on new facility in Mexico
April 20, 2022
The company is constructing a new manufacturing plant to produce electric powertrain components for General Motors from 2023, creating an estimated 400 new jobs.
Aequita to acquire ZF's electronic interfaces product line
March 22, 2022
Aequita, a German family-owned industrial group, is taking over the global business of the product line Electronic Interfaces from ZF Friedrichshafen AG.
Austrian automotive supplier expands in Hungary
March 09, 2022
Austrian powertrain system developer, AVL, is expanding in Hungary. The company has broken ground on a New Vehicle Test Hall in the city of Érd, just outside of Budapest.
Britishvolt to to develop battery technology with Aston Martin
March 07, 2022
UK battery manufacturer Britishvolt is partnering up with Aston Martin as the carmaker takes another step on its journey to electrification. The companies are now looking to develop bespoke high performance battery cell technology.
Bosch to invest €300 million in Japanese R&D facility
March 01, 2022
Bosch's Japanese subsidiary says that it will invest some JPY 39 billion (about EUR 300 million) into a new R&D facility and the Ward Cultural Center.
IRP and Bosch to mass-produce controllers
January 20, 2022
IRP Systems has signed a strategic agreement with Bosch for the industrialisation and serial manufacturing of IRP's personal mobility electric motor controllers.
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.
Annual automotive MLCC demand for 2021 to reach 449B Pcs
November 08, 2021
Various MLCC suppliers’ book-to-bill ratios as well quarterly shipments for 4Q21 now show signs of decline, according to TrendForce’s latest investigations.
Schaeffler opens new e-mobility plant
September 22, 2021
Automotive and industrial supplier Schaeffler has opened a new production facility at its Szombathely location in the west of Hungary and creates 150 new jobs in e-mobility.
GaN power devices market to growth at 78% CAGR through 2025
September 13, 2021
Demand for elecom base stations, converters, and charging stations has seen considerable growth this year as a result of ongoing developments in 5G telecommunication, consumer electronics, industrial energy conversion, and new energy vehicles (NEV), according to TrendForce.
Manz is seeing increasing momentum in electromobility
August 12, 2021
Automotive supplier TE Connectivity orders further machines for automated assembly of cell contact systems and an American electric vehicle manufacturer has been acquired as new customer - Manz is keeping busy within the field of electromobility.
Cree expands its operations leadership team
August 04, 2021
SiC technology specialist Cree is expanding its operations leadership team as part of the company's growth and capacity expansion plans and planned retirement of Rick McFarland, Cree’s Senior Vice President of Global Operations, in the Summer of 2022.
Volvo and Geely to create joint powertrain operations
July 08, 2021
Volvo Cars and its parent company Geely Holding have agreed to create a joint venture under the name Aurobay for its powertrain operations, as the companies proceed with their earlier announced plans to merge these into a new, stand-alone business.
Foxtron team up with Nidec to boost EV powertrain development
March 31, 2021
Foxtron, Foxconn's electric car company, has signed a memorandum of cooperation (MoU) with Nidec Corporation, under which the parties now join together as strategic cooperating partners looking to increase the momentum in the powertrain development for next-gen EVs.
Mercedes-EQ starts production of battery systems
March 24, 2021
Mercedes-Benz has started producing high-performance batteries for its all-electric EQS at its Stuttgart-Hedelfingen plant, as part of the Untertürkheim location in Germany.
Nexperia and UAES partner on Gallium Nitride
March 22, 2021
Nexperia has entered into a comprehensive partnership covering gallium nitride (GaN) power semiconductor devices with United Automotive Electronic Systems Co., Ltd. (UAES). The program will focus on power systems for EVs, with the aim to jointly develop automotive applications using GaN technology.
LG and Magna team up to tackle the electric powertrain market
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January 15, 2021
LG Electronics and Magna International are forming a joint venture to manufacture e-motors, inverters and on board chargers and, for certain automakers, related e-drive systems to support the growing global shift toward vehicle electrification.
