Dana Incorporated has completed the acquisition of the SME Group, headquartered in Arzignano, Italy, which designs, engineers, and manufactures low-voltage AC induction and synchronous reluctance motors, inverters, and controls for a wide range of off-highway electric vehicle applications, including material handling, agriculture, construction, and automated guided vehicles. The addition of SME’s low-voltage motors and inverters, […]
By T Murrali: Global sales and registration of new trucks, from its nadir of 15.9 million in 2009, owing to the widespread financial crisis, recovered to 25.95 million in 2017, growing six percent between 2016 and 2017. The latest scenario seems similar for most of the players. However, the key differentiator is performance of certain […]
By T Murrali: It was rather an unusual day at the headquarters of Bosch Group in Gerlingen, near Stuttgart, in Germany; the annual press briefing began not with the traditional presentation of its financials but with the research priorities that form the bedrock of its present and future business. The main theme of the media […]
ZF has founded Car eWallet, a Berlin-based start-up, in which the company will outsource the current activities of the transaction service Car eWallet. The objective is to further develop and market the service following an initial six-month collaboration with project partners IBM and UBS. The service, for example, enables payments for refuelling or re-charging electric […]
The BMW Group and Daimler AG are joining forces to offer customers a single source for sustainable urban mobility services. The two companies has signed an agreement to merge their mobility services business units. Subject to examination and approval by the responsible competition authorities, the BMW Group and Daimler AG plan to combine and strategically […]
Bosch has introduced new 48-volt battery for hybrids. Similar to the Bosch e-axle, this 48-volt battery is standardised for easy integration into new vehicle models. Established manufacturers and start-ups alike can thus eliminate long and expensive development processes. “Bosch is an incubator of electromobility. We help manufacturers reduce their development times and launch their products […]
Daimler consistently expands its activities in the area of electromobility and invests around 500 million Euros in the construction of a new battery factory. This will lead to a significant expansion of the production capacities for lithium-ion batteries of Deutsche ACCUMOTIVE located in the Saxon city of Kamenz. The new factory will produce batteries for […]
