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Schaeffler in 3.64 billion euro bid to buy Vitesco Technologies, create EV solutions giant

autherAutocar Professional Bureau     calendar10 Oct 2023

With global demand for EVs accelerating, Schaeffler sets out to buy Vitesco Technologies; believes the combined company will be able to offer best-in-class solutions in e-mobility and also benefit from significant synergy potential.

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Equipmake and Perkins to develop advanced e-powertrain systems for off-highway hybrid vehicles

autherAutocar Professional Bureau calendar10 Oct 2023

New heavy-duty ‘multi-fuel drop-in’ lower carbon hybrid power unit, capable of running on multiple lower-carbon intens...

New battery materials producer Ionway to build first plant in Poland

autherAutocar Professional Bureau calendar10 Oct 2023

PowerCo- and Umicore-backed joint venture Ionway scales up EU footprint in the e-mobility business.

Volvo Cars sells 61,666 cars worldwide in September, up 25%

autherAutocar Professional Bureau calendar10 Oct 2023

Volvo Cars’ top-selling model globally was the XC60 (20,243 units), followed by the XC40 (18,306 units) and the Volvo ...

SaveLIFE-Thomson Reuters Foundation report highlights need for a national law on trauma care in India

autherAutocar Professional Bureau calendar09 Oct 2023

The study which evaluates the guaranteed access to emergency trauma care to citizens in countries like the USA, German...

Aston Martin’s EV programme gets £9 million funding from Advanced Propulsion Centre

autherAutocar Professional Bureau calendar09 Oct 2023

UK government grant will support the development of Aston Martin’s luxury BEV platform and enable a route to net-zero,...

Vinfast plots CKD plants for EVs in India and Indonesia

By Ajit Dalvi calendar07 Oct 2023

Vietnamese EV maker’s future global growth strategy involves setting up CKD manufacturing plants in India and Indonesi...

Bus industry can halve local CO2 emissions in Europe from 2030: Daimler Buses

autherAutocar Professional Bureau calendar07 Oct 2023

City bus segment in the EU can become completely locally CO2-neutral from 2030; for coaches, 20% reduction is realisti...

Kia inks multi-stakeholder partnership for circular economy in EV batteries

autherAutocar Professional Bureau calendar07 Oct 2023

Kia and Korean stakeholders in public-private partnership to oversee all aspects of the EV battery value chain, from r...

VW's battery firm Powerco and Umicore name their JV Ionway

autherAutocar Professional Bureau calendar07 Oct 2023

Both parent companies aim to grow Ionway’s annual production capacity to 160 GWh p.a. by the end of the decade, corres...