Worthington Steel to acquire controlling equity stake in Italy-based Sitem Group
Worthington Steel, Inc. (“Worthington Steel” or the “Company”) announced last December that it has reached an agreement to acquire through its subsidiary, Tempel Steel Company, LLC (“Tempel”), a controlling equity stake in...
Siemens eMobility and its electrification projects
Siemens eMobility has been chosen as the technology partner for two electric vehicle charging infrastructure projects in Italy-Autolinee Toscane and IPLANET, which aim to boost the electrification of public transport and the...
Stellantis launches Elettrico Facile to semplify the transition to electric vehicles
Stellantis unveiled Elettrico Facile, a new initiative designed to simplify drivers' transition to electric vehicles. With a range that includes more than 60 models coming soon, the program has the ambitious goal...
Electric motor market, happy new year!
The electric motor market experienced significant growth in 2024, driven mainly by increased sales of electric vehicles (EVs) and the expansion of consumer electronics.
Automotive Sector
Dacke Industri: strategic expansion in OEM powerpack
Dacke Industri has successfully completed the acquisition of 98 percent of G-TEK AB, a provider of optimal Powerpack installations for mobile vehicle OEMs throughout Northern Europe.
"The strategic...
Danfoss Power Solutions: new President and strategic vision for the Electric Market
Danfoss has announced that Daniel Winter will assume the role of President of Danfoss Power Solutions starting January 1, 2025. Winter succeeds Eric Alström, who is leaving the company after 12 years...
EV Market in Flux: Challenges and Opportunities
How is EV Market according to recent estimates? EV sales recorded a lacklustre performance in 2024 but are poised to recover within 2026: in Europe, their growth is expected to be driven...
Electric mobility taught in high schools
Ewiva, a joint venture of Enel X and Volkswagen Group established to accelerate the spread of electric mobility in Italy, launches the educational project “E-MOBILITY@SCHOOL”. The initiative for the 2024-2025 school year...
eVTOL, New Horizon Aircraft won the Industry Excellence Award
New Horizon Aircraft, doing business as Horizon Aircraft, an aerospace engineering company and developer of the world's first hybrid eVTOL capable of performing most of its mission exactly like a normal turboprop-powered...
Automation in logistics for electric motor warehouse
How important are warehouse logistics for an electric motor distributor? The company Brd. Klee A/S answers this question with action: to optimize logistics processes, it has implemented a solution using an autonomous...