STMicroelectronics and Innoscience have announced a strategic partnership in GaN (Gallium Nitride) power products, aiming to transform and elevate the GaN market to new heights by leveraging the mutual strengths in technology and manufacturing. This collaboration creates a win-win scenario—enhancing both companies’ GaN product offerings, strengthening supply chain resilience, and providing greater flexibility in competitive markets. Additionally, STMicroelectronics will expand its market coverage on a global scale.
News
April 4, 2025
The energy price index fell 4.1% in March driven by declines in natural gas Europe (-13.7%) and crude oil (-4.2%).
Non-energy prices dropped by 2.1%. Food prices decreased 2.7%, while raw materials increased 1.3%.
April 1, 2025
The European Automobile Manufacturers’ Association (ACEA) is deeply concerned by the US President’s announcement of additional tariffs on our sector. It comes at a watershed moment for our industry’s transformation and as fierce international competition mounts.
April 1, 2025
INEOS Automotive has launched a new €15 million biomass heat plant at its Hambach production and assembly site, significantly reducing the factory’s carbon footprint. With a 9.2-megawatt output, the plant will consume up to 14,000 tonnes of locally sourced wood chips annually, meeting 78% of the facility’s heating needs.
The switch to biomass is expected to reduce the plant’s carbon dioxide emissions by approximately 8,800 tonnes each year.
March 22, 2025
The BMW Art Car Collection marks its 50th anniversary with an exciting World Tour that celebrates creativity across five continents, commencing in Europe and Asia. The official launch of this global journey took place during the “(R) EVOLUTION OF ART” event hosted at the BMW Group Niederlassung Wien. In Vienna, audiences have the opportunity to admire five iconic BMW Art Cars from March 20-23 at the Museum of Applied Arts and the SPARK Art Fair, featuring works by renowned artists such as Roy Lichtenstein, Andy Warhol, Robert Rauschenberg, David Hockney, and Jeff Koons.
March 22, 2025
Emirati logistics company DP World said it has opened an operational hub in Bucharest, named the European Control Tower, to lead its newly-launched pan-European logistics service, which combines combines road, maritime, air, rail and multimodal transport. By offering streamlined supply chain management and enhanced operational efficiency, DP World is focusing on meeting customers’ need to reduce costs and accelerate delivery times in a way which gives them transparency at every stage.
March 22, 2025
Continental’s Automotive group sector intends to establish its legally independent corporate headquarters at its current location in Frankfurt am Main. Following the Supervisory Board’s approval of the spin-off last week, Continental’s Automotive group sector has decided to establish the headquarters of the planned independent company in Frankfurt am Main. The aim is to locate the headquarters of the new automotive company at the current site in the Guerickestraße by mid-2025.