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APG designated for supply of front calipers, drum brakes
APG designated for supply of front calipers, drum brakes Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was recently designated by a new customer outside of China, whose name cannot be disclosed due to confidentiality, for the supply of front calipers and drum brakes for a new platform. According to the customer’s plan, the project is expected to start production in 2027, with a lifecycle of 7 years and an estimated total lifecyc...
News Updated at: 2025/04/08
APG designated for supply of IBS one-boxes
APG designated for supply of IBS one-boxes Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was designated by a large Chinese automotive group, whose name is confidential, for the supply of IBS (Integrated Brake System) one-boxes for two New Energy Vehicles. According to the customer’s plan, the project is expected to start production in Q1 2026, with a lifecycle of 5 years and an estimated total lifecycle sales value of CNY 1 bill...
News Updated at: 2025/02/13
APG designated for supply of front calipers
APG designated for supply of front calipers Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) has recently been designated by a customer outside of China, whose name cannot be disclosed due to confidentiality, for the supply of front calipers for two models. According to the customer’s plan, the project is expected to start production in 2026, with a lifecycle of 8 years and a total lifecycle sales value of around CNY 1.5 billion. (...
News Updated at: 2024/07/18
APG designated for EPB supply
APG designated for EPB supply Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) has recently been designated by a customer outside China, whose name cannot be disclosed due to confidentiality, for the supply of EPBs (electric parking brakes) for two models. According to the customer’s plan, the project is expected to start production in 2026, with a lifecycle of 8 years and a total lifecycle sales value of around CNY 3.8 billion. (F...
News Updated at: 2024/07/16
APG designated for brake supply
APG designated for brake supply Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was recently designated by an automaker outside China, whose name cannot be disclosed due to confidentiality, for the supply of brakes for a certain model. According to the customer’s plan, this project will start mass production in Q4 2025, with a lifecycle of 7 years and a lifecycle total sales value of around CNY 230 million. (From an APG press rele...
News Updated at: 2024/06/25
APG wins orders for front brake caliper, electronic parking actuator assemblies
APG wins orders for front brake caliper, electronic parking actuator assemblies Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was recently designated by a large Chinese automobile group, whose name cannot be disclosed due to confidentiality, to provide front brake caliper and electronic parking actuator assemblies for a New Energy model from the customer. According to the customer’s plan, this project is expected to start mass p...
News Updated at: 2024/03/21
Eaton introduces new power take-offs, hydraulic control valves at Work Truck Show
Eaton introduces new power take-offs, hydraulic control valves at Work Truck Show Eaton announced it is expanding its mobile power products portfolio with the introduction of the Bezares 3960, 2500 and 500 series power takeoff (PTO) units, as well as APSCO APV and APG series directional hydraulic control valves at the Work Truck Show, March 5-8 in Indianapolis. “These new PTOs and hydraulic control valves provide our customers with even mor...
News Updated at: 2024/02/29
APG receives order for rear electric caliper assemblies
APG receives order for rear electric caliper assemblies Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) announced that it recently received a designation notification for the supply of rear electric caliper assemblies with electric parking brakes (EPB) to a New Energy SUV of a Chinese OEM of which the name cannot be disclosed due to confidentiality. (From an APG SZSE press release dated November 28, 2023)...
News Updated at: 2023/12/15
APG receives order for brake assemblies
APG receives order for brake assemblies Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) announced that it has been designated as a supplier of front disc brakes with a steering knuckle assembly and rear brake assemblies with EBP to a New Energy Vehicle of a leading independent Chinese OEM whose name cannot be disclosed due to confidentiality. As planned by the customer, the project is expected to start mass production in 2024, with ...
News Updated at: 2023/11/09
Voestalpine AG embarks on CO2-reducing electric arc furnace project in Donawitz, Austria
ill produce approximately 850,000 tons of CO2-reduced steel annually, eliminating the need for fossil fuels compared to the traditional LD process.In Donawitz, preparations are underway. The EAF and a new scrap hall will be erected on these sites, with power supply infrastructure being installed by APG and Energie Steiermark.The project spans an area equivalent to 75,000 square meters. It consists of 11 independent implementation projects, led by...
News Updated at: 2023/09/25
APG receives orders for such products as EPB assemblies
APG receives orders for such products as EPB assemblies Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) announced that it received designation notifications from two Chinese automakers. The company will develop and produce EPB (Electronic Parking Brake) assemblies for New Energy SUVs of a high-end sub-brand of a major Chinese automobile group whose name cannot be disclosed due to confidentiality, with mass production expected in 202...
News Updated at: 2023/07/17
French EV charging company Driveco raises EUR 250 million in funding
French EV charging company Driveco raises EUR 250 million in funding On May 11, Driveco announced a EUR 250 million fundraising round from Dutch pension fund manager APG, one of the world’s largest institutional investors. This investment aims to support Driveco’s ambition to become a major player in electric vehicle charging infrastructure in France and Europe. Driveco’s second round of funding is the largest to date in the electric vehicl...
News Updated at: 2023/05/16
Adler Pelzer Group, Germany opens new truck parts plant in US
Adler Pelzer Group, Germany opens new truck parts plant in US On March 10, Adler Pelzer Group (APG), a major shareholder of STS Group, announced the opening of STS Group's first production site in the United States, in the former General Electric plant in the city of Salem, state of Virginia. It is creating 119 new jobs in the region. The prototypes will roll off the production line before the end of 2023, with series production ramping up in Jan...
News Updated at: 2023/03/13
Hayashi Telempu, Japan makes additional investment in Adler Pelzer, Germany
Hayashi Telempu, Japan makes additional investment in Adler Pelzer, Germany On March 16, Hayashi Telempu Corporation (HTC) announced an additional investment in Adler Pelzer Group to strengthen and further expand the world's largest alliance of automotive soundproofing materials. HTC acquires 28% shares in Adler Group SpA, the parent company of Adler Pelzer Group (APG, Headquartered in the Federal Republic of Germany). HTC and APG signe...
News Updated at: 2022/03/16
In-wheel motor industry standards approved with participation by subsidiary of Zhejiang APME
In-wheel motor industry standards approved with participation by subsidiary of Zhejiang APME Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (Zhejiang APME) announced the first-in-China in-wheel motor standards created by the team led by its subsidiary, APG-ELAPHE Propulsion Technologies Co., Ltd. (APG-ELAPHE). The standards have been approved by the China Society of Automotive Engineers (CSAE) and have four sections: terminology, technic...
News Updated at: 2021/07/26
Adler Pelzer, Germany acquires Mutares’ shares of STS Group, creates plastics division
Adler Pelzer, Germany acquires Mutares’ shares of STS Group, creates plastics division On June 30, Adler Pelzer Group (APG) announced the successful closing of the acquisition of 73.25% shares of the listed company STS Group from its main shareholder Mutares after all antitrust clearances and other conditions have been cleared. This business which provides Plastics Solutions to “Hard Trim” is mainly located in Europe, China and Mexico, wit...
News Updated at: 2021/07/05
Mutares sells majority stake in STS Group AG to Adler Pelzer
y mainly to Heavy Truck OEMs, and growingly to Car OEMs. Adler Pelzer Group will run the Acoustics and the Hard Trims businesses as separate Divisions, with dedicated teams and structures responsible for respective daily operations, financial results and optimization. A few Hard Trims businesses in APG today will be reallocated to the new division (mainly in Mercosur and Europe). Based on press release from Adler Pelzer/ STS Group ...
News Updated at: 2021/03/16
Faurecia to divest acoustics and soft trim business to Adler Pelzer Group
Faurecia to divest acoustics and soft trim business to Adler Pelzer Group Faurecia signed a MoU (Memorandum of Understanding) for the sale of its Acoustics and Soft Trim (AST) division to the Adler Pelzer Group (APG). The AST business represented sales of EUR 385 million in 2019 within the Interiors Business Group and employs around 1,820 employees in 8 plants and one R&D centre, all in Europe. (From a press release on February 18, 2021)...
News Updated at: 2021/02/18
Hayashi Telempu and Adler Plastic, Italy collaborate for vehicle interiors
Hayashi Telempu and Adler Plastic, Italy collaborate for vehicle interiors On January 18, Hayashi Telempu (HTC) and Adler Plastic announced the creation of GAIA, “Global Automotive Interior Alliance”. Adler Plastic is the major shareholder of Adler Pelzer Holding which represents Adler Pelzer Group (APG). The collaboration will build an Alliance in automotive interior trim, exterior and acoustic parts with global-scale network allowing seam...
News Updated at: 2021/01/22
Hayashi Telempu forms capital partnership with Adler Pelzer Group
Hayashi Telempu forms capital partnership with Adler Pelzer Group Hayashi Telempu Co., Ltd. (Hayashi Telempu, Nagoya City) has formed a capital partnership with Adler Pelzer Group (APG), a German automotive interior parts manufacturer. The two manufacturers will further promote cooperation between them through Global Automotive Interior Alliance (GAIA), a holding company established by the controlling shareholders of both industrial groups in Dec...
News Updated at: 2021/01/20