On February 26, Cisco and TELUS announced the launch of 5G capabilities in North America for IoT, with a focus on connected cars at Mobile World Congress (MWC) 2024. The network will support drive testing for a major North American automotive manufacturer's 5G Connected Car, paving the way for enhanced customer exper
On February 26, Iveco Group announced that DHL Group has ordered 178 IVECO S-Way CNG trucks for its Post & Parcel Germany division, expanding its fleet to over 450 CNG vehicles. The new bio-CNG-powered trucks aim to further reduce DHL Group's carbon footprint, contributing significantly to road transport decarbonizat
On February 22, AGC Glass Russia announced the completion of the company's transformation in Eastern Europe. The new owner of the company is specialized investor Igor Mikhailovich Leitis.
The transaction was completed in February of this year, and the company is currently completing the necessary legal procedures rel
Multiple press releases dated February 23 showed that Skywell New Energy Automobile Group Co., Ltd. (Skywell Group) signed an agreement with the Quwo County People’s Government of Linfen City of Shanxi Province on New Energy special-purpose vehicles (SPVs) and their core components.
According to the agreement, Skywel
On February 23, the entry into the Mexican market of Neta Auto, a company belonging to Hozon New Energy Automobile of Chinese origin, was announced.
Neta auto will enter Mexico through the marketing of 3 fully electric vehicles: Neta GT, a sports vehicle that accelerates from 0 to 100 km/h in 3.7 seconds; Neta U, a s
On February 23, Apollo Go, a Baidu intelligent driving sub-brand, announced that it recently became one of the first to be approved for passenger carrying demonstration application of autonomous driving on the Beijing Daxing Airport Expressway and in designated areas at the same airport. Concurrently, Beijing became
On February 24 and 25, the Audi plant, located in San Jose Chiapa, Puebla, implemented an extra workday in its three shifts.
The painting and logistics areas of the third shift, which normally rest on Saturdays, reported to work on February 24, while on Sunday, February 25, all areas of the three shifts also worked w
On February 23, Jeep’s new CEO, Antonio Filsosa, said that the brand has cut pricing on its lineup as a part of an altered strategy as it gets set to launch its first all-electric vehicles in North America.
While Stellantis has not yet announced the plants involved, the all-electric 2024 Jeep Wagoneer S will launch p
Lucid Motors is looking to establish a USD 10 million engineering and research office in Southfield, Michigan that would open in April, which a source said is planned for the Travelers Towers on Evergreen Road.
The California-based EV startup will go before Michigan Economic Development Corp.'s Strategic Fund Board o
On February 26, GM announced its direct-to-consumer sales of the Cadillac Lyriq will start March 23 in France, with deliveries of the vehicle in Europe to start in the first half of 2024.
France is the third market in Europe where GM is launching the direct-to-consumer Cadillac business.
In 2023, GM announced it wou
On February 24, BYD announced that its dedicated car carrier to export vehicles to Europe, arrived in Europe, significantly enhancing its logistics with a 7,000-vehicle capacity. The 200-meter vessel sailed from Shenzhen port to deliver vehicles to Europe.
Based on BYD social media updates
On February 12, Finnish Minerals Group and Anglo American signed a memorandum of understanding (MoU) to work together to explore opportunities to further support Finland’s battery strategy. It will strengthen the companies’ capabilities to build a battery value chain and the required responsible mining operations in
On February 26, hofer powertrain announced that it is expanding its EV drive development center in Vienna due to a growing number of projects in eDrive Technologies.
This strategic decision to expand so rapidly in Vienna underscores the imperative to develop advanced and sustainable drive systems meeting the current
On February 23, Sogefi S.p.A (Sogefi) announced that the US private equity fund Pacific Avenue Capital Partners, have unilaterally, unconditionally, and irrevocably committed to acquire the entire share capital of, respectively, Sogefi Filtration S.A. and Sogefi USA Inc for EUR 370 million.
The Filtration Business
On February 22, at 09:00 am CET, Mercedes-Benz Group started the Annual Results conference.
The event was broadcast from Mercedes-Benz’s Global Training Center in Stuttgart. Olla Källenius (Chairman of the Board Management) and Harald Wilhem (Finance & Controlling / Mercedes-Benz Mobility) conducted the presentatio
On January 30, GM CEO Mary Barra announced that the company would reintroduce PHEVs to the North American market during General Motors’ recent Q4 2023 earnings report, as it shifts its North American EV strategy to fit the changing EV market situation.
GM is now reportedly working towards the launch of new PHEV varia
On February 23, Jaguar Land Rover announced it is developing a new cutting-edge facility in Portland, Oregon dedicated to further enhancing the company’s software development and product engineering innovation.
Opening in summer 2024, the new JLR office represents the manufacturer’s renewed commitment to Portland whe
On February 23, Hyundai announced that, together with Kia and the Korea Advanced Institute of Science and Technology (KAIST) they will develop next generation LiDAR sensors for advanced autonomous vehicles.
This project includes the establishment of the ‘Hyundai Motor Group-KAIST' Joint LiDAR-on-Chip Research Laborat
On February 22, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to American Battery Solutions (ABS) for a USD 165.9 million loan to finance the expansion of an advanced battery pack assembly facility to support light-, medium- and heavy-duty electric vehicle (EV) an