The energy price index remained largely unchanged in November.
Non-energy prices increased by 1.9%.
Metal prices declined by 1.1%.
News
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.
December 9, 2024
Continental is testing the forward collision warning system on a tram in Timișoara. The tests take place in the depot of the Timișoara Public Transport Company (STPT) and present a technology adapted to urban mobility.
The forward collision warning system is based on the use of radar technology in combination with digital maps. It also allows the emergency brakes to be activated.
December 4, 2024
Energy prices decreased 1.2% in November, led by natural gas U.S. (-4.7%) and coal (-3.1%).
Metal prices contracted by 3.1%, with zinc and nickel leading the decline (-7.4% and -6.2%, respectively).