German automotive manufacturing firm Continental has agreed to establish a joint venture (JV) with China’s CITC to manufacture 48-volt battery systems. The companies, via their respective subsidiaries, will set up the JV for the ...
Tags: automotive, Continental
German automotive parts supplier Continental has agreed to acquire Israeli start-up Argus Cyber Security for an undisclosed amount. Post the acquisition, Argus Cyber Security will be part of Continental’s subsidiary Elektrobit (EB). ...
Tags: automotive parts
Nikola Motor, a start-up company which ventured into developing electric long-haul trucks, has partnered with Bosch to develop commercial vehicle powertrain. The partnership will help in bringing to market fuel cell and commercial vehicle ...
Tags: commercial vehicle, Bosch
German automotive manufacturing firm Continental has become a development partner and system integrator of the collaboration between BMW Group, Intel and Mobileye for automated driving. It is the goal of the BMW Group, Intel and Mobileye ...
Tags: Continental, Autonomous Driving
German automaker Daimler and its Chinese partner BAIC Group have signed a new framework agreement for the production of electric vehicles. The agreement is focused on two significant investments. The first part is that Daimler will invest ...
Tags: Daimler, Electric Vehicles
Daimler has laid the foundation for a second factory for lithium-ion batteries in Kamenz, Germany. Stuttgart/Kamenz, Germany – By laying the foundation for one of the biggest and most modern battery factories, Daimler AG is setting ...
Tags: automotive, Battery
German automotive firm Daimler is planning to invest about €500m in a new engine production facility in Poland. The facility, which will be situated in Jawor, around 70km west of Wroclaw, will be Mercedes-Benz Cars' first in Poland. ...
Tags: Daimler, Engine Plant
BAIC BJEV, a new energy automaker in China, has signed a strategic cooperation agreement for Sino-German Automotive Light Weighting Technology Joint R&D Center with Dresden University of Technology (TUD) in the Council Chamber of the state ...
Tags: Electric Cars, energy automaker
German automotive company Opel has broken ground on the €11m expansion of its Design Center of the Rüsselsheim headquarters. This investment will go into ultra-modern visual and communication technologies which will allow for ...
Tags: Opel, automotive
German automotive company Daimler has launched Mercedes AMG C43 4MATIC Coupe, a new member to its C-Class family. The company says that the C43 4MATIC Coupe offers highly dynamic driving experience. Mercedes AMG chairman, Tobias ...
German automotive part supplier Hella has designed two-part LED tail lamps recently for Renault Espace, the fifth generation French crossover unveiled as ‘Initiale Paris’ concept car at the 2013 Frankfurt Auto Show. The tail ...
Tags: LED tail lamps, LED light
Communications and information technology company Nokia has signed a deal to sell its HERE digital mapping and location services unit to a consortium comprising Audi, BMW Group and Daimler in a deal worth €2.8bn. The transaction, ...
Tags: HERE Digital Map, Nokia
German automotive major BMW has hinted on the possibility of another ‘i’ electric car variants when it comes to taking a call on new models. This has been informed by Harald Krueger while interacting with German newspaper ...
Tags: BMW, electric car, passenger car
German automotive giant Volkswagen (VW) has for the first time edged past Japanese carmaker Toyota to rise to the numero uno position in automobile sales during the first half of the current year. VW managed to sell 5.04 million units ...
Tags: Volkswagen, Carmaker, emerging markets
Sports car manufacturer Porsche, an arm of German automotive giant Volkswagen, will pump in more than Eur1.1bn for modernizing its manufacturing units for launching more car variants by 2020. The initiative comes under an agreement, ...
Tags: automobile manufacture, Porsche, Volkswagen, Sports car