Stellantis announced today from its headquarters in Amsterdam that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules that will help power future electric vehicles assembled in North America and support the goal of 50% battery electric sales in the U.S. by 2030. […]
Through its new subsidiary Meritor, Cummins has acquired Siemens’ Commercial Vehicles business, a global supplier of high-performance electric drive systems for commercial vehicles. The purchase
brings key capabilities in direct drive and transmission-based remote mount electric motors, inverters, software and related services for electric powertrains, says Cummins. […]
hofer powertrain of Germany has developed a new magnet wire winding technology for the motors in e-powertrains to make them smaller and lighter yet just as powerful as with previous techniques. On the electronics side, […]
Marelli inaugurated its new Technical R&D Center in Bangalore, Southern India, further boosting the company’s innovation capability, particularly in software engineering. […]
Stellantis manufacturing sites in Italy and France are demonstrating the Dutch automotive conglomerate’s transition to dominant production of electrified vehicles for the future and establishment of a circular economy business unit. In Turin on September 20, the company announced two initiatives for its Italian operations, while also moving forward with major electrification changes to its manufacturing activity in France. […]
Business is booming at e-mobility machinery maker Aumann AG of Beelen, Germany. Orders and revenues have jumped significantly from a year ago. Flush with cash and business growth, the manufacturer of coil winding machinery and […]
Flush with over 100 million Euro in liquidity and enjoying robust business growth, e-mobility equipment maker Aumann is signaling that it plans to make one or more acquisitions soon. In recent financial reports, the Beelen, […]
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