News

January 13, 2025

The omnipresence of artificial intelligence across the CES 2025 landscape is a clear proof of the numerous tech companies direction to making AI the center of our known digital universe.

Companies like Delta, BMW, LG, Hisense, Samsung and others have recognized that the data their systems have been collecting and moving among their once disparate digital systems, can be pulled together by AI into an almost organic whole that proactively operates at your behest.

January 10, 2025

Continental is presenting the "Emotional Cockpit" for the first time at the Consumer Electronics Show (CES) in Las Vegas, USA, combining technology and emotion. The concept merges multiple vehicle display solutions to form an integrated unit: aesthetically innovative, function-driven and individually customizable. A central element is a 1.30-meter-long, four-centimeter-high E Ink Prism display that spans the entire width of the dashboard.

January 9, 2025

The energy price index remained largely unchanged in November.

Non-energy prices increased by 1.9%.

Metal prices declined by 1.1%.

December 18, 2024
  • HORSE starts manufacturing its new DB49 transmission, designed in-house for use in hybrid vehicles
  • Transmission set to first feature in Renault Rafale’s PHEV models
  • Clutchless, 15-speed ‘DB49’ transmission produces a maximum torque of 470Nm and peak power of 35kW
  • HORSE is a division of Horse Powertrain, a global leader in hybrid and combustion powertrain solutions across 17 plants and 5 R&D centers
December 16, 2024

Toyota Motor Corp. is investing $922 million to build a new advanced paint facility in Kentucky that the company says will enhance the quality of its vehicle finishes. There will be added 93.000 m² of additional production capacity in Kentucky and Toyota will utilize a new, environmentally friendly paint process that will decrease carbon emissions by 30% and water usage by 5.67 million liters per year. The plant’s production technologies aim to cut lead times, improve process accuracy and offer customers new color options.

December 14, 2024
  • Joint venture to build an all-new lithium iron phosphate (LFP) battery plant at Stellantis’ Zaragoza, Spain site
  • Production is planned to start by end of 2026 and could reach up to 50 GWh capacity
  • Stellantis is committed to bringing more affordable battery electric vehicles in support of its Dare Forward 2030 strategic plan leveraging its dual-chemistry strategy
  • Plant will enable CATL to better meet customers’ need for advanced battery technology and support global climate ambitions
December 12, 2024

Volvo Cars has signed a EUR 1.5 billion sustainability-linked revolving credit facility, refinancing the current EUR 1.3 billion credit facility signed in 2021.The five-year facility with a group of 22 participating banks has two one-year extension options and will serve as a backup facility for general corporate purposes. 

The two new facilities also align with Volvo Cars’ sustainability strategy by linking the interest rate margin to Volvo Cars’ progress in reducing its carbon emissions across the value chain.