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Search Keyword: Germany

Stellantis to acquire majority stake in JV with GAC, China
News
  Feb 02, 2022

Stellantis to acquire majority stake in JV with GAC, China

Stellantis N.V. has announced the plan to increase its shareholding in GAC-Stellantis from 50% to 75%.

Reliance eyes sodium ion battery market with Faradion buy
News
  Jan 28, 2022

Reliance eyes sodium ion battery market with Faradion buy

Reliance New Energy Solar Ltd (RNESL), subsidiary of Reliance Industries Ltd (Reliance), has signed agreements to acquire 100% shareholding in Faradion Limited (Faradion) for a value of Pound 100 million.

Tube Investments to put in Rs 3.5 billion in EV venture
News
  Jan 28, 2022

Tube Investments to put in Rs 3.5 billion in EV venture

Tube Investments of India (TII), part of the Murugappa group, announced its plans to form a subsidiary to carry on the proposed electric three-wheeler venture and other EV-related projects.

Balu Forge buys precision machining unit of Mercedes Benz Truck Factory in Germany
News
  Jan 24, 2022

Balu Forge buys precision machining unit of Mercedes Benz Truck Factory in Germany

Balu Forge Industries Ltd (BFIL) has recently acquired the Precision Machining unit of the Mercedes Benz Truck Factory in Mannheim, Germany.

Auto component maker ZF launches CV solutions
News
  Jan 19, 2022

Auto component maker ZF launches CV solutions

German auto component company ZF announced the start of its new commercial vehicle (CV) solutions division.

Taiwanese machine tool maker expects good growth due to EV boom
News
  Jan 13, 2022

Taiwanese machine tool maker expects good growth due to EV boom

The machine tool industry has a historic chance of growth due to the shift to electric vehicles and demand for localised manufacturing, as per the head of the biggest Taiwanese machine tool company.

European auto suppliers warn of massive job loss due to EV switchover
News
  Dec 09, 2021

European auto suppliers warn of massive job loss due to EV switchover

Half a million jobs would be at risk under EU plans to effectively ban combustion-engine cars by 2035, according to European auto suppliers.

Automakers face low sales across most segments in November
News
  Dec 03, 2021

Automakers face low sales across most segments in November

Automakers declared muted sales in November across most segments. The numbers were disappointing because it is considered a month of high demand and auto companies generate most of their yearly sales.

Automakers need to work closely with lithium producers: Experts
News
  Dec 03, 2021

Automakers need to work closely with lithium producers: Experts

Albemarle Corp and Livent Corp executives advised automakers to work with lithium producers to ensure that they provide specialised forms of the white metal that enhance an electrical car’s efficiency.

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