ZF today announced that it has increased the price per share in its public cash offer for Haldex Aktiebolag (publ) (“Haldex”) to SEK 110, valuing Haldex at SEK 4.85 billion. ZF has received agreements to sell from key ...
Tags: ZF, Haldex, offer price
On September 18, 2015 "MEI Awards" annual final evaluation came to the end in Nanjing National Leader Talent Creative Park. Selected from all 2,600 pieces of products submitted by many Chinese manufactures and design institutes all over ...
Tags: MEI Awards, made in China
As a key role in manufacturing, CNC machine tools have been emphasized by developed countries. China's CNC machine tools occupied about 30% in 2015, which indicates a big gap with developed countries such as Japan, the United States, and ...
Tags: CNC machine tools
Audi will increase its involvement in Formula E Team ABT Schaeffler Audi Sport, starting in the 2016/2017 season that opens in Hong Kong on October 9. In addition, it is planned to incorporate Formula E into a factory-backed motorsport ...
Tags: Audi, Formula E, involvement
The Free and Hanseatic City of Hamburg and the Volkswagen Group will collaborate over the next three years to jointly develop innovative solutions for making urban mobility more environmentally-friendly, safer, more reliable and more ...
Tags: Hamburg, Volkswagen, partnership
Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...
Tags: ZF, EBIT margin
Taiwan’s new government, which is led by President Tsai, aims to cumulatively install 20GW of PV capacity by 2025. Bureau of Energy (BOE), under Ministry of Economic Affairs, announced the “Two-year PV Accelerating ...
Tags: PV capacity, PV projects
Daimler Trucks has unveiled the Mercedes-Benz Urban eTruck, a fully electric heavy-duty truck with a range of up to 200km and an admissible total weight of 26 tonnes. The eTruck is based on a heavy-duty, three axle short-radius ...
Tags: Daimler Trucks, heavy-duty truck
Due to falling prices and the commercial availability of wide-bandgap (WBG) semiconductor power devices from multiple sources, the adoption of silicon carbide (SiC) and gallium nitride (GaN) power devices in power supplies for computers, ...
Tags: Semiconductor, GaN power devices
Volkswagen is planning to build electric vehicles in North America by 2020, in a bid to regain its lost image following the diesel emission scandal. The announcement was made by newly appointed Volkswagen America head Hinrich Woebcken ...
Tags: Electric Vehicles, Volkswagen
South Korean electronics giant Samsung has acquired a 2% stake in Chinese electric vehicle maker BYD for $455m. This move is being seen as an attempt by the South Korean firm to foray into automotive industry. Many technology ...
Tags: Electric Vehicle, BYD, Samsung
Tesco has announced that it will stop sourcing eggs from caged hens by 2025, following an in-depth review of its egg sourcing strategy. The cage-free egg commitment from Tesco comes after its consultations with suppliers, industry experts ...
Tags: Tesco, Caged Hens
New data from IBISWorld shows the Australian egg farming industry is expected to generate AUD $759.6 million in revenue in 2015-16. According to IBISWorld, in the five years leading up to 2015-16, Australia’s free range egg ...
Tags: egg, farming industry, cage egg
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
About 21 million autonomous vehicles will be sold globally by 2035, with the US taking the lead, according to a new projection from IHS Automotive. Deployment in the US will start with various autonomous vehicles in 2020, which will ...
Tags: IHS Automotive, Autonomous Vehicle