On May 23, MAN Truck & Bus signed a new agreement with Austrian logistics company Gartner KG for up to 1,200 MAN semitrailer tractors by the end of 2028. Deliveries will begin in the summer 2025, with up to 350 trucks supplied each year.
The trucks will feature the fuel-efficient and low-emission MAN PowerLion drivet

On May 21, Bajaj Auto Limited announced that it intends to take control of the KTM business that is headquartered in Austria, through its wholly owned subsidiary Bajaj Auto International Holdings BV (BAIHBV). 
BAIHBV holds a 49.9% stake in its associate, i.e., Pierer Bajaj AG (PBAG) in Austria. PBAG holds over 75% st

On May 14, AVL inaugurated new high-speed oval track at the ZalaZONE proving ground.
The track, spanning 4,450 meters, is engineered for advanced vehicle dynamics and durability testing. It includes two 950-meter straight sections and two 1,275-meter curved sections with a 350-meter radius. The four-lane track featur

On April 29, Mutares SE & Co. KGaA announced the partial sale of its shares in Steyr Motors, an Austrian manufacturer of diesel engines.
Mutares, by mid-April 2025, reduced its ownership from 70.9% to around 40%. The company raised about EUR 74 million by selling shares to qualified investors and on the market.
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On April 30, SAG Group announced that it is planning to set up a joint production facility for truck cryogenic tanks for LNG and liquid hydrogen (LH2), as well as for innovative rheocasting lightweight components for the two-wheeler market in India.
It is discussing a strategic partnership with a manufacturing compan

On April 29, Asahi Kasei Microdevices Corporation (AKM) and Silicon Austria Labs GmbH (SAL) completed a joint proof of concept for integrating a current sensor into a power module to be used in automotive applications such as traction inverters and DC-DC converters. This technology enables energy efficiency, as well

Benteler Group (Benteler), in collaboration with PHINIA, has commenced series production of the world’s first 500-bar fuel line for petrol engines.
The line is already in use in new Changan vehicle models, as part of the PHINIA system. It improves fuel efficiency, ensures finer injection, and helps to meet emission s

On April 29, BorgWarner announced it will showcase its latest technology at the 46th Vienna Motor Symposium from May 14-16, at the Hofburg in Vienna and will lead two presentations for its latest inverter technology. 
The first presentation highlights BorgWarner's double-sided cooled (DSC) 800V SiC power module with

On April 9, AVL opened its new Tech Center in Steyr, Austria. The new center serves as the hub for development of drive solutions for commercial vehicles, featuring cutting-edge infrastructure dedicated to research and development.
The new Tech Center hosts 110 employees developing advanced drive and vehicle concepts

On April 4, Miba announced that it continued to increase its investments in the future to EUR 138 million (compared to EUR 130 million last fiscal year). EUR 84 million went into property and equipment, while over EUR 2 million was spent on training. R&D investments rose by over 20% to EUR 52 million.
The R&D ratio w

On March 31, 2025, Bajaj Auto announced its Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIH BV), subscribed to EUR 50 million worth of convertible bonds issued by Pierer Bajaj AG (PBAG). The funds will support KTM AG, a European motorcycle manufacturer, in resuming production and covering ope

On March 31, TTTech Auto launched the PM-350, the latest addition to its Automotive Data Logger family, designed specifically for Software-Defined Vehicle (SDV) verification and validation. It represents the latest innovation in capturing high-speed automotive Ethernet. In addition, it supports the logging of traditi

On March 27, dSPACE partnered with the Institute for Machine Learning (IML) at Johannes Kepler University to integrate generative AI technologies into the dSPACE portfolio to accelerate data-driven development.
The partnership will integrate cloud-agnostic, generative AI technologies into dSPACE solutions for data-d

On March 27, Daimler Truck announced that it is planning a concept for a semi-public charging network under its TruckCharge brand. By 2030, it aims to have over 3,000 fast-charging points across Europe, making it the largest network of its kind.
TruckCharge allows depot owners to open their charging stations for exte

On March 25, AVL announced that it has been collaborating with Microsoft for nearly two years to transform vehicle development. The partners are relying on cloud-based software solutions and the integration of AI-based agents. The results support the efforts to get vehicles ready for series production without hardwar

On March 13, the AIT Austrian Institute of Technology announced the launch of the EU-funded research project HyLiST (Hybrid Lithium Metal-based Scalable Solid State Battery Manufacturing), which aims to advance sustainable battery production in Europe.
HyLiST is funded under the Horizon Europe program and aims to de

On March 13, emotion3D announced that it is participating in three groundbreaking projects: SAFE.ICM, ACCOMPLISH, and CERTAIN.
The SAFE.ICM (aws) project focuses on developing trustworthy AI frameworks for in-cabin human analysis.  The ACCOMPLISH project aims to simplify compliance for AI-powered systems, helping com

On March 13, BMW announced that its Steyr plant, Austria is expanding electric motor production, with a second production line now under construction. The first line is in pre-series production, with full production starting in late summer.
BMW is investing EUR 500 million in equipment for both lines, ensuring planne

On March 4, BMW announced that its plant in Steyr will produce electric motors from autumn 2025 with the potential to produce up to 600,000 units per year. Pre-series production was successfully launched in autumn 2024. 
BMW also announced that it has invested EUR 562 million in the further development of the BMW Gro

On February 26, TTTech Auto, a subsidiary of NXP semiconductors, officially joined the Eclipse Foundation and the Eclipse Software Defined Vehicle (SDV) Working Group. As a Participant Member of the SDV Working Group, TTTech Auto will contribute to the development and direction of the open-source ecosystem.
The Eclip