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Deals
Quantron lands significant order for zero-emissions trucks
Quantron has received a significant order from Austrian company HAMA Trucks for 38 battery-electric heavy trucks worth EUR 16 Mn (US$ 16.8 Mn). These Quantron QHM BEV models include a 450-kW battery pack with a range of 300 km and will help support sustainable transportation alternatives. Read More>>
Hyundai places major drive core orders with Posco
Hyundai has ordered 3.53 million motor cores from Posco, a component of the US electric vehicle facility. Posco will supply 2.72 million cores to HMGMA and 810,000 to South Korea over an eight to ten-year period. Read More>>
Partnerships
Autoliv China joins forces with Great Wall Motor for automotive safety solutions
This alliance intends to foster innovation and quality in the global automobile industry, with an emphasis on innovations such as an overhead passenger airbag and a ‘zero-gravity seat’ for self-driving cars. Read More>>
Jaguar partners with Tesla for access to the supercharger network
Starting in 2025, Jaguar will collaborate with Tesla to provide access to Tesla’s Supercharger network for its electric vehicles in the United States, Canada, and Mexico. The goal of this collaboration is to improve the charging experience and convenience for Jaguar electric vehicle owners. Read More>>
Centre Setup and Expansion
MG Motor’s second plant in India soon, be a battery assembly facility in Gujarat
MG Motor India is looking into establishing a second manufacturing factory in the country to extend its presence. The company presently sells five models, two of which are electric vehicles, to increase EV sales to 35% by 2025. Read More>>
Scania opens battery factory to help meet 50 pct electric truck target
Scania launched a new battery factory in Sodertalje, Sweden, to fulfill its goal of selling 50% of electric vehicles by 2030. The factory assembles battery cells into modules and packs for use in the production of vehicles. At maximum capacity, it can handle one battery cell per second and employ 550 people. Read More>>
Executive Movements
Nikola announces new COO and moves into Canada
Mary Chan joined Nikola as COO, effective October 9, 2023. She will oversee engineering, product, supply chain, and manufacturing initiatives, moving Nikola towards a zero-emissions trucking future. She has extensive experience in automotive and technology. Read More>>
Mazda appoints new Managing Director for Spain
Ignacio Beamud has been named Managing Director of Mazda Automobiles Espana, following Jose Maria Terol, who will retire at the end of the year. Beamud, who has worked for Mazda for over two decades, will take over as president of operations in Spain on January 1, 2024. Read More>>
New Product Development and Product Launch
Ather planning to launch an affordable 450S HR soon
To compete with Ola’s S1X+ 4kWh battery variation, Ather Energy is ready to offer the 450S HR, a variant of its inexpensive 450S model with a larger 3.67kWh battery pack. The 450S HR is predicted to have a range of 156 kilometers on a single charge. Read More>>
Denso launches advanced commercial vehicle cooling system
Denso’s ‘Everycool’ cooling system for commercial vehicles improves driver comfort while reducing power usage by 57% over previous systems. It employs a compact and lightweight design while ensuring optimum energy utilization, using experience in air-conditioning technology. Read More>>
Audi conducts high-altitude testing of next-gen SQ5 and S5 Avant
Audi is conducting high-altitude tests in the Colorado Mountains for its next-generation SQ5 and S5 Avant vehicles, with quad exhausts indicating S versions. The vehicles have a similar profile and tail design to the Audi SQ5. Read More>>
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