E-heavy-duty trucks, Hyundai and Iveco together in the European markets
Hyundai Motor and Iveco Group expand their partnership to explore synergies for electric heavy-duty trucks in the European markets. Recently, the two companies signed a Letter of Intent (LOI), reinforcing their partnership...
Agreement worth 19 billion dollars between GM and G Chem
LG Chem has signed an agreement worth 18.6 billion dollars, to supply 10 years of materials for batteries and for electric vehicles to General Motors.
The chemical South...
The value of a car comes from suppliers
Matthias Zink, the new president of CLEPA, the European Association of Automotive Suppliers, delivered his first speech where he underlined that 75% of the value of a car comes from suppliers, manufacturers...
Yamaha Motor takes over Torqeedo and boosts the boating electrification
Yamaha Motor has announced they have signed an agreement with the German company Deutz Ag, owner of Torqeedo, a brand that manufactures electric marine thrusters, for the takeover of the latter’s all...
In 2023 Daimler Truck sold +277% of electric trucks
In 2023 Daimler Truck sold in total 526,053 units of trucks and buses, scoring a small growth in comparison with the previous year. Inside this balance sheet, Daimler Truck counts 3,443 units...
The prices of Chinese cells for EV are collapsing
According to statistics divulged by TrendForce, the prices of the cells for Chinese electric vehicles dropped by 50% in December 2023 versus January 2023. However, their stabilization is foreseen by the second...
In UK, a demo programme for electric trucks at the starting line
In the ambit of the initiative by the United Kingdom Government and by Innovate UK, Zero Emission HGV and Infrastructure Demonstrator Programme, DAF XD and XF Electric will be part of a...
Green Vehicles, electric minibuses in Ancona streets
Specialized in the production of electric and hybrid vehicles, the innovative SME Green Vehicles will manufacture by 2026 nine electric minibuses for the public transport in Ancona, six of them already delivered in 2024....
The Indian market of electrical steel is growing
Varuun Kappoor, Business Specialist at TechSci Research explained that India electrical steel market is predicted to proliferate during the forecast period owing to various driving factors such as growing demand for electrical steel from...
Advanced Electric Machines: 26.3 million Euros for a sustainable electric motor
The English Advanced Electric Machines (AEM) has recently raised EUR 26.3 Mln in a Series A to tackle detrimental material usage in the automotive industry. The financing round was driven by Legal & General...