The European Investment Bank (EIB) has approved a 600 million euro package for automotive supplier Valeo to finance its research projects focused on reducing CO2 emissions and improving vehicle safety. The funds are to be allocated to Valeo’s Europe-based research projects, primarily in France, but also in Germany, the Czech Republic and Ireland.
For the seventh consecutive year, the BMW Group leads the US in automotive exports. Plant Spartanburg in South Carolina exported 218,820 vehicles with an export value of more than 8.9 billion US dollars in 2020. The BMW Group produced a total of 361,365 vehicles at the plant. About 218,000 of these units were manufactured in the second half of the year, setting a new plant record.
The Eberspächer Group is strengthening its activities in the field of automotive electronics. At the beginning of the year, the Esslingen-based automotive supplier founded the subsidiary Eberspaecher Controls Ro S.R.L. in Romania. With the new location in Cluj-Napoca, the company will expand development activities in the future, particularly for control units for electrification of vehicles and autonomous driving.
Moderna, a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, and Kuehne+Nagel, a world-leading logistics company, announced that they have agreed an international supply chain arrangement to provide distribution and storage of the Covid-19 Vaccine Moderna.
A barometric pressure sensor enables the wearable to detect changes in the user’s elevation, for example when walking up or down stairs, for calculating the number of calories that the user is burning. Until now, many barometric pressure sensors have not been resistant against liquids and thus it has been challenging to integrate them into waterproof products. To address this issue, Bosch Sensortec developed the BMP384, a robust barometric pressure sensor delivering market-leading accuracy in a compact package.
The consulting company Frost & Sullivan analyzed the medical robotics market, and in doing so recognises KUKA's LBR Med as one of the most advanced robots in the industry. For the robot and its innovative achievements in the field of medical robotics as a whole, KUKA has received the "Company of the Year 2020 " award from Frost & Sullivan.
Ford is taking a significant step forward in its European transformation with a commitment to go all-in on its electric passenger vehicles and to substantially grow and electrify its leading commercial vehicle business.
Ford committed that by mid-2026, 100 percent of Ford’s passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid, and will be completely all-electric by 2030.