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Partnerships
Vitesco and Infineon boost e-mobility efficiency partnership
Vitesco Technologies and Infineon are expanding their collaboration to improve e-mobility efficiency. In future electric car architectures, Vitesco will use Infineon AURIX TC4x microcontrollers to improve system economy, safety, and cybersecurity. Read More>>
Airbus Helicopters partners with TRUMPF to enhance additive manufacturing capabilities
Airbus Helicopters and TRUMPF are collaborating to improve additive manufacturing capabilities by leveraging advanced 3D printing technology to produce lightweight, cost-effective, and ecologically sustainable aircraft components. Read More>>
Mips and MSA Safety announce partnership
Mips and MSA Safety are collaborating to improve workplace safety, notably in the construction industry, by creating new helmet-based safety measures that handle rotating impacts and improve worker protection. Read More>>
Deals
The Toyota-LG agreement to manufacture batteries
LG Energy Solution and Toyota Motor North America have agreed to a large supply arrangement for lithium-ion battery modules. Dedicated to bolstering Toyota’s BEV offering and promoting greener, more efficient mobility. Read More>>
Vitesco placed a major order for microcontrollers with Infineon
Vitesco Technologies received a large order for microcontrollers from Infineon worth more than EUR 1 Bn (US$ 1.05 Bn). These will be employed in their future electric vehicle architectures and electrification solutions. Read More>>
Centre Setup and Expansion
JCB to open its second North American manufacturing facility
To satisfy expanding demand and better service clients in the region, JCB plans to open its second North American manufacturing site in San Antonio, Texas, creating 1,500 jobs. The construction will commence in early 2024. Read More>>
DS Smith launched the R&D and innovation center
R8, DS Smith’s R&D and innovation department, was established to explore innovative packaging solutions with an emphasis on sustainability. The Birmingham site includes labs, prototyping rooms, and collaboration spaces. Read More>>
Mergers and Acquisitions
Ravicab Cables acquired a leading German cable manufacturing solution
Ravicab Cables acquired Elegar Kerpen, an Indian cable solutions company, to broaden its product offering and global market reach. This strategic decision is intended to result in significant corporate growth. Read More>>
Product Launch
Loom Solar unveiled 5 kWh/10 kWh storage system
In India, Loom Solar introduced its Atlanta series of energy storage solutions for homes and businesses, which include lithium iron phosphate batteries with capacities of 5 kWh and 10 kWh, as well as high-frequency solar inverters. Read More>>
Skoda launched the new Slavia Matte edition with a unique exterior
Skoda introduced the Slavia Matte Edition, a premium car with a Carbon Steel matte appearance. It keeps the Style variation design components and provides a variety of interior features. There are two engine types and different transmissions available. Read More>>
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