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EIB supports Tau Group, Italy to increase production of magnet wire
EIB supports Tau Group, Italy to increase production of magnet wire On December 12, the European Investment Bank (EIB) announced a EUR 20 million venture debt loan for Tau Group, an Italian technology startup. The EIB’s investment will enable Tau Group to increase its production capacity for high-performance magnet wire for use in vehicles and machine parts that also contribute to the energy transition. The current capacity of around 2,000 to...
News Updated at: 2024/12/13
Tau Group, Italy raises investment to expand magnet wire production
Tau Group, Italy raises investment to expand magnet wire production On October 30, Tau Group secured EUR 1.5 million investment from MITO Tech Ventures, a venture capital firm. This investment enables Tau Group to expand its capacity to meet the rising demand for sustainable magnet wire solutions, supporting the global shift towards electrification. The company plays a pivotal role in the development of smaller, greener, and more powerful electri...
News Updated at: 2024/11/07
Tau Group, Italy raises funding for e-mobility components
Tau Group, Italy raises funding for e-mobility components On January 30, Tau Group closed a EUR 11 million extension to its Series-B funding round. It is establishing a new global standard in electric motor insulated wire. This strategic funding aligns with Tau's concurrent expansion of production capacity in a new facility, geared towards fulfilling long-term supply agreements recently inked with automotive industry partners. Tau Group's fo...
News Updated at: 2024/01/31
Tau, Italy concludes series-B round to scale up production for e-mobility
Tau, Italy concludes series-B round to scale up production for e-mobility On February 1, Tau concluded a series-B round raising EUR 9 million with Solvay Ventures as a lead investor. Solvay Ventures is joined by existing shareholders including Finindus, a Belgium-based joint venture of ArcelorMittal and the Flemish Region, as well as management and private individuals. The company is currently ramping up capacity and preparing industrial-scale ca...
News Updated at: 2023/02/01
Genesis G90 flagship readied for introduction
market in September, were revealed on August 8.The Genesis flagship sedan focuses on “Human-Centered Luxury” and provides convenience through the comprehensive Genesis Experience customer program.The two available powerplants are an all-new 365 hp 3.3-liter twin-turbocharged V6 and the 420 hp Tau 5.0-liter V8 GDI engine, both mated to an 8-speed automatic transmission and available with the advanced H-TRAC AWD system.Standard technology on ...
News Updated at: 2016/08/11
Hyundai premieres "Vision G" coupe concept
ise luxury, performance and style with the value and responsibility that is the foundation of Hyundai's brand.The exterior styling of the concept is highlighted by a long hood, high-beltline and a cabin that presents a slingshot-like appearance.The heart of "Vision G" is the award-winning 5.0-liter Tau V8 engine producing 420 horsepower at 6,000 rpm and 383 lb. ft. of torque at 5,000 rpm. "Vision G" will next be shown at the Pebble Beach Concours...
News Updated at: 2015/08/14
Asahi Glass to increase PVC production by 50% to meet demand in Vietnam
Asahi Glass to increase PVC production by 50% to meet demand in Vietnam Asahi Glass Co., Ltd. (AGC) will increase production capacity of the polyvinyl chloride (PVC) facility by 50% at Phu My Plastics & Chemicals Co., Ltd. (PMPC; headquartered in Ba Ria–Vung Tau Province, Vietnam), AGC's subsidiary in Vietnam. AGC aims to meet the growing PVC demand in Southeast Asia and increase its share of the Southeast Asian PVC market. After the PVC facili...
News Updated at: 2015/03/26
KEFICO supplying to EV
KEFICO supplying to EV KEFICO began commercial production of fuel-injectors for the GDI engine. The Company plans to produce 2.45 million units a year, delivering them to Hyundai Motors' Gamma, Nu, Lamda 2, and Tau. In addition, the Company plans to bring a second production line into operation in August 2012. Also of note, is that the Company started mass-producing fuel-pumps for the GDI engines mounted on the Gamma, Theta, and Tau, aiming to pr...
News Updated at: 2012/01/10
rd-winning Ward's engines. The engines that feature Federal-Mogul products are: Audi A4 2.0L TFSI Turbocharged DOHC I-4; Audi S4 3.0L TFSI Supercharged DOHC V-6; BMW 335d 3.0L DOHC I-6 Turbodiesel; Ford Fusion Hybrid 2.5L DOHC I-4 Hybrid; Chevrolet Equinox 2.4L Ecotec DOHC I-4; Hyundai Genesis 4.6L Tau DOHC V-8; Subaru Legacy 2.5 GT 2.5L Turbocharged DOHC H-4; Toyota Prius 1.8L DOHC I-4 Hybrid; Volkswagen Jetta Sport Wagen TDI 2.0L SOHC I-4 Turbo...
News Updated at: 2010/01/13
Sumitomo Metals obtains approval for steel sheet joint-venture project in Vietnam
ce and sell a full lineup of high-grade steel sheet products through a joint investment with China Steel Corporation. The annual production capacity is expected to reach 1.6 million ton. The new plant will be established in the Ba Ria Vung Tau Province near Ho Chi Minh City. The total investment is planned to reach 1,150 million dollars, 51 percent of which ...
News Updated at: 2009/05/20