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Infineon to build new factory in Dresden for expansion of 300 mm manufacturing capacity
pected to generate annual revenue equal to the amount of investment once operating at full capacity. Scheduled to commence production in the autumn of 2026, this new factory is expected to create up to 1,000 jobs. Infineon also revealed that in Q4 of FY 2022 (ended September 2022), its automotive (ATV) segment’s revenue jumped to EUR 1,934 million, up 53% YoY and 14% QoQ, supported mainly by the higher revenue in the area of electromobility an...
News Updated at: 2022/11/15
Daymak releases prototypes for Modular Electric Vehicle Platforms in Canada
Daymak releases prototypes for Modular Electric Vehicle Platforms in Canada On October 11, Toronto, Canada-based Daymak Inc. released beta prototypes of its Modular Electric Vehicle Platforms with Wireless Power Transfer (WPT). The four distinct light electric vehicle (LEV) platforms include a personal electric vehicle platform, mobility scooter platform, electric ATV platform, and electric recumbent bike platform.Each platform includes the vehic...
News Updated at: 2022/10/21
Infineon’s investments for FY2022 estimated at around EUR 2.4 billion
rm. Infineon’s revenue forecast for the full 2022 fiscal year is around EUR 14 billion compared with the previous forecast of EUR 13.5 billion, about EUR 140 million of the expected increase will come from the stronger US dollar. When compared with the 2021 fiscal year, revenue in the Automotive (ATV) segment is expected to grow at a higher percentage rate than the average growth rate for the Group. (From a press release dated August 3, 2022)...
News Updated at: 2022/08/04
Hyundai invests USD 20 million for New Horizons Studio in Montana to build UMVs
ent, testing and deployment of two UMV models. The first is an unmanned transforming intelligent ground excursion robot, revealed at CES 2021, and designed to carry various types of payloads while traveling over treacherous terrain. The second, inspired by Elevate, is a larger (size of a two-person ATV) vehicle with robotic legs that can address challenging driving situations and save lives as the first responder in natural disasters.New Horizons...
News Updated at: 2022/05/07
Rane Madras wins new international business
Rane Madras wins new international business In its annual report for FY 2019-20, Rane Madras Limited announced that it has won significant new business in North America for ball joints which will set the company on a significant growth trajectory in the coming years. The Steering Gear business consolidated its position in the share of the “All-Terrain Vehicle” (ATV) segment in North America. The Steering Gear order for passenger car applicati...
News Updated at: 2020/09/22
Loose Plastics, Inc. investing USD 6 million in operations in Gladwin, Michigan
llion to expand its operations in Gladwin, Michigan.The company plans to grow its business and expects to see an increase in sales of an additional 10% by 2020.The company’s plastic sheets are used in hundreds of products, including automotive components, camper components, packaging, headliners, ATV and RV parts and accessories, truck bed liners and more. The Michigan Strategic Fund MSF is providing USD 1,369,375 in collateral support that wil...
News Updated at: 2019/11/28
Tesla Cybertruck orders reach 200,000 units
s.At its presentation at its Hawthorne, California design studio on November 21, Tesla had demonstrated the Cybertruck's toughness by slamming the side door panel with a sledge hammer. Tesla’s product pipeline now includes the Model Y, Semi, Cybertruck and Roadster, as well as a two-seat electric ATV that the company previewed at the same Hawthorne design studio presentation.(multiple sources on November 25, 2019)...
News Updated at: 2019/11/26
Tesla unveils stainless-steel Cybertruck pickup at Hawthorne, California design studio
begin taking deliveries of the base model in late 2021, though the tri-motor version will not be available until 2022.The truck itself is minimalist as with only a horizontal line for headlights and a corresponding taillight in the back. Musk demonstrated the sliding rear bed cover with an electric ATV that rode up on stage and into the exposed bed. (Detroit News article on November 21, 2019) (Tesla Cybertruck website)(Tesla CEO Elon Musk tweet ...
News Updated at: 2019/11/23
Spark Minda Group developing new fuel tank caps and ignition switch
9, that it has started activities for development of fuel tank caps meeting BS-VI regulations for major two-wheeler OEMs. It has also designed and validate bayonet type fuel tank cap with high pressure valve meeting BS-VI norms for scooter. The group has also validated a sealed Ignition switch for ATV. A new concept steering lock for Triumph is also under development. It is developing am ignition switch cum steering lock with integrated connecto...
News Updated at: 2019/09/09
Honda debuts Rugged Open Air Vehicle Concept at 2018 SEMA Show
Honda debuts Rugged Open Air Vehicle Concept at 2018 SEMA Show On October 30, Honda debuted its Rugged Open Air Vehicle concept at the 2018 SEMA show in Las Vegas.Designed and developed by Honda R&D Americas, the Rugged Open Air Vehicle concept is based on Honda's Ridgeline pickup and its Pioneer 1000 side-by-side utility ATV.The Rugged Open Air Vehicle combines two genres through the use of existing Honda components, such as a modified Ridgeline...
News Updated at: 2018/11/01
Zanella imports Force Utility Trucks to Argentina after cancelling local production
Zanella imports Force Utility Trucks to Argentina after cancelling local production On August 27, motorcycle and ATV builder Zanella announced that it is preparing for the launch of its first four-wheel-drive urban utility vehicle, the Zanella Force Utility Truck, by exhibiting at the 11th annual ExpoTransporte in La Rural de Palermo, Argentina from September 18-21.The Chinese-built Zanella Force Utility Truck will be available in single cab, do...
News Updated at: 2018/08/29
Minda Corporation informs about patents and new product development
for fuel tank caps meeting BS-VI regulations, a new steering lock for Triumph and new concept for ignition switch cum steering lock. During the fiscal year 2017-18, Minda Corporation has developed a bayonet type fuel tank cap with high pressure valve meeting BS-VI norms, sealed ignition switch for ATV and glove box lock with latch for Polaris Slingshot. Minda Corporation Annual report 2017-18...
News Updated at: 2018/07/06
ABB and Northvolt partner for Europe’s largest battery factory
ve signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, including products and services for Northvolt’s state-of-the-art lithium-ion battery factory and close collaboration on development of battery solutions and R&D activities. ABB Technology Ventures (ATV) will support the initial phase of this project through an early investment.The factory is expected to start production in 2020. A demonstration-l...
News Updated at: 2017/09/26
Minda Corporation Limited informs about new mechanical products business
Minda Corporation Limited informs about new mechanical products business In its annual report, Minda Corporation Limited informed that during the last fiscal year, it has developed fuel tank caps meeting BS-IV regulations for TVS Motor, Suzuki Motors, Bajaj, Mahindra and Yamaha.Minda developed sealed ATV ignition switch & Saddle bag latch for Polaris and high pressure threaded fuel tank cap for Harley Davidson. It has also developed Steering lock...
News Updated at: 2017/08/01
Suzuki aims to produce a record 2,559,000 units of automobiles worldwide in 2007
Suzuki aims to produce a record 2,559,000 units of automobiles worldwide in 2007 On January 25, Suzuki Motor Corporation announced its sales and production results in 2006, and outlook for 2007. In 2007, Suzuki expects a global sales increase of 8% to 2,350,000 units of automobiles, and an increase of 22% to 3,552,000 units of motorcycles, including all terrain vehicles (ATV). In its global production plan, output of automobiles is expected to hi...
News Updated at: 2007/01/26