News

Volkswagen Group and Rivian Announce Plans for Joint...

July 1, 2024

Rivian Automotive and Volkswagen Group have announced their intention to form an equally controlled and owned joint venture (JV) to create next-generation electrical architecture and best-in-class software technology. They intend to produce next generation software-defined vehicle (SDV) platforms to be used in both companies’ future electric vehicles.

Volkswagen Group will invest an initial $1 billion in Rivian, with up to $4 billion in planned additional investment for a total expected deal size of $5 billion.

Continental invests 45 million euros in expanding...

July 1, 2024

Continental announced the start of work on the new production module in Sibiu, the seventh, with a planned investment of over 45 million euros. The future Module 7 of Continental Sibiu will have an area of over 15,000 square meters. Of this, 6,500 sqm are allocated to the production area, and the rest is related to the logistics area, the office area, and other additional spaces.

Completion of the new module is planned for the end of next year, while production will begin in the spring of 2026.

Latest commodity prices: June 2024

July 1, 2024

Energy prices declined 6.4% in May, led by crude oil (-7.5%). Non-energy prices changed little, as a group.

Food prices gained by 1.3%. Raw materials inched up by 0.2%, while beverages contracted 13.8%.

Industry Expo & B2B Meetings 2024

October 31, 2024

Industry Expo & B2B Meetings is an international event dedicated to industrial professionals, buyers and suppliers.

Automotive Expo & B2B Meetings 2025

March 27, 2025

Automotive Expo & B2B Meetings is an international event dedicated to automotive professionals, buyers and suppliers.

Technology Expo & B2B Meetings 2025

June 25, 2024
Technology Expo Timisoara is a leading technology event.
 
The latest trends, new products and services are presented at Technology Expo Timisoara in the following areas: 
 

● 5G Technology and Internet of Things (IOT)
● Additive Manufacturing, 3D Printing
● Automation & Sensor Technology
● Carbon-neutral Production
● Cloud & Infrastructure
● Compressed Air & Vacuum
● Digital Energy & Energy Efficiency
● Digital Platforms
● Drive Technology
● E-Mobility & Charging Infrastructure
● Engineering & Office-Software
● Fluid Power
● Future of Work
● Handling & Assembly
● Hydrogen & Fuel Cells
● Industrial Internet
● IT Consulting
● IT Security
● Lightweight Design
● Linear Technology
● Logistics Automation
● Logistics IT
● Material Handling
● Metal Parts, Components & Solutions
● Plastics & Innovative Materials
● Process Automation
● Research & Development
● Robotics
● Startups
● Trade & Invest

XEV participates in TIMISOARA AUTO EXPO 2024

June 6, 2024

XEV YOYO announced its participation in TIMISOARA AUTO EXPO 2024, the main new car fair in western Romania. The event will take place at Shopping City Timișoara on June 08-09, 2024.

In 2018 in Turin, Lou Tik founded XEV, an innovative brand with an ambitious vision: to create an affordable electric car for all. Its goal was to bring accessible technologies to everyone, promoting responsible and environmentally aware mobility.

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