EuropaIndustrial

Carmakers

BYD - a leading Chinese electric cars manufacturer, abandons EU expansion plans

The world's largest supplier of electric and hybrid cars has ruled out building its first European car factory in the UK due to Brexit. China's BYD has set out ambitious plans to dominate the region's electric vehicle market

Carmakers

Bosnia and Herzegovina has won an important deal related to Tesla

The "Pass" factory in Bijeljina, which produces flexible pipes for the automotive industry, announced the expansion of its plant and the possibility of the American company "Tesla", which is owned by Elon Musk, coming to Bosnia and Herzegovina. Now this information has been confirmed by the owner of the "Pass"

Events Featured

Free Networking Event | Online EU Industrial & Auto Manufacturing, 16. Dec 22

Online EU Industrial & Automotive Manufacturing Networking | Free Event, 4. November 2022, Friday, 14:00 CET

CzechRepublic

ŠKODA AUTO’s Vrchlabí plant: Ten years of producing transmissions and targeted further development

ŠKODA AUTO site since 1946, state-of-the-art component plant since 2012 The Vrchlabí plant was founded back in 1864 and has been a ŠKODA AUTO site since 1946. The company initially manufactured cars here before the production facility was converted into a cutting-edge component plant, with a new factory hall being

Carmakers Featured

Mercedes-Benz signs supply deal with Rock Tech Lithium for EV-ramp up

Battery raw material sourcing: Mercedes-Benz AG and Rock Tech Lithium Inc. sign an initial supply agreement for on average 10,000 tonnes of battery-grade lithium hydroxide per year – enough for around 150,000 electric vehicles

UK

BMW to shift production of electric Minis from Britain to China

BMW is set to phase out all UK production of the award-winning electric Mini and move it to China, dealing a serious blow to hopes the UK could be a global hub for manufacturing zero-emission vehicles .

Germany

Nord Stream pipeline leaks biggest ever, according to scientists

Scientists fear methane leaking from Nord Stream pipelines in Baltic Sea could be one of worst natural gas leaks on record and pose significant climate risks. Neither of two Nord Stream gas pipelines that connect Russia and Germany were operational

Belgium

European industrial groups suffering high energy prices

European industrial giants have feared for months that gas shortages will paralyze production this winter. But even with available fuel, companies cannot afford it. "It's not about standing still

Turkey

Turkey's car industry, looking for new markets in place of Europe's decline

Turkey's auto industry, which accounts for around 80% of its exports to Europe, is now looking to alternative markets as sales in the region begin and are expected to fall further. The semiconductor crisis and supply problems continue to have a negative impact on the automotive industry. In the first

aerospace

Advanced Drones: AVIC Cloud Shadow, UZGA AO Forpost, GIDS Shahpar II

Advanced Drones: AVIC Cloud Shadow, UZGA AO Forpost, GIDS Shahpar II

eMobility

Italvolt commissions AECOM to manufacture batteries

Italvolt has partnered with AECOM for a range of professional services aimed at optimizing operations throughout the project lifecycle for its battery gigafactory in Italy.

Defence

Russian S-500 Prometheus air defense system enters into serial production. What is known so far:

Russian S-500 Prometheus air defense system enters into serial production. What is known so far:

Germany Featured

Great Wall boosts its European expansion with its headquarters in Germany

The automaker presented electric models of its Wey and Ora brands at the Munich auto show BERLIN - Great Wall has opened its European headquarters in Munich as the Chinese automaker steps up expansion plans in the region. The company plans to start selling cars in Europe next year after

Germany

German Fruitcore Robotics raises €17 million for its industrial robotics solutions

Constance, Germany-based Fruitcore Robotics, a robotic system that uses smart software and innovative mechatronics, has announced it has raised € 17 million in its Series A funding round. The round was led by UVC Partners, an early stage venture capital firm, with btov Industrial Technologies Fund and the btov Partners network

investment

Intel's €80 billion investment plan for European chip factories not for the UK due to Brexit

Promise to UK in becoming a science & technology superpower dwindling as Intel looks to the continent to invest. Due to the country's decision to leave the EU, the largest political and trade bloc in the world, Intel is excluding the UK from its European expansion plans. With the government expressing

suppliers

Alfa Laval opens a new manufacturing center in Italy, part of Industry 4.0 strategy

LUND, Sweden, Oct.27, 2021 / PRNewswire / Alfa Laval recently opened a brand new manufacturing site in San Bonifacio, Italy, for the production of welded heat exchangers. The new, highly advanced facility includes customer research and training areas and will primarily supply heat exchangers to customers in Europe. The plant in

robotics

ABB spends $ 190 million for AMR provider ASTI Mobile Robotics

With the release of its financial results for the third quarter of 2021, we now know how much ABB paid to acquire ASTI Mobile Robotics. ABB spent $ 190 million, including $ 7 million in cash, in July 2021 to acquire the Spanish developer of autonomous mobile robots (AMR). ABB ASTI Side

Carmakers

Cupra begins manufacturing all-electric Born in Germany, Zwickau

Cupra is now starting series production of its first fully electric Born model at the Volkswagen plant in Zwickau. With the start of sales in November, Cupra introduced a new sales strategy with the agency model. In addition, customers have the option of purchasing El Born by subscription. El Born

Germany

Euro facing worrying signals for German economy

Reference price on publication: GBP / EUR: 1.1830 \ GBP / USD: 1.3750 High bank interest rates (indicative): 1.1600 \ 1.3470 Prices for payment specialists (indicative: 1.1770 \ 1.3750 The euro faces headwinds for further progress amid a noticeable slowdown in the eurozone's largest economy and expectations of a

semiconductors

Flexciton, to improve efficiency of semiconductor-making secures € 17.8 million funding

Flexciton, an optimization technology company that has developed a unique solution to dramatically improve the efficiency and productivity of semiconductor manufacturing processes, has secured additional funding of € 17.8 million. The Serie A round was led by Nadav Rosenberg (Saras Capital). Flexicon was founded in 2016 and is headquartered in

aerospace Featured

Aerospace, new deals for Leonardo MD Helicopters, Mi Helicopters, Proteus Advanced Systems

Leonardo Helicopters Italy's Leonardo decided to bring back the historic Agusta brand for the direction of corporate and VIP helicopter technology, maintenance and customization of interiors. The company expects the historic brand to be synonymous with technology, luxury and style, alongside Italian car legends such as Ferrari, Maserati and Lamborghini.

Carmakers

Hungarian automotive production drops 33% yoy due to Chips shortage

The output of Hungarian automobile production, the engine of industrial growth, declined 33.7% yoy in August as the global semiconductor shortage hit factories, the Bureau of Statistics (KSH) said in a second reading in October. KSH confirmed that aggregate industrial production increased by 2.6% and 0.6% after

Carmakers Featured

Ford picks UK for e-vehicle components plant, in Europe, ahead of Germany

London / Cologne The automaker said it is investing £ 230 million ($ 316 million) in converting its transmission plant in Halewood, northwest England, to produce electric propulsion units for future all-electric Ford cars and commercial vehicles that will be sold in Europe. Production is scheduled to begin in 2024, Ford announced on

semiconductors Featured

Chip shortage strengthening pricing policy of EU carmakers

An unprecedented and worsening material shortage, especially in semiconductors, is creating a mismatch between supply and demand in the European automotive sector that could last until the first half of 2022. This gives automakers a unique opportunity to drop prices after nearly $ 20. increase of + 3-6% years of compulsions. In

semiconductors

Daimler plant in Hungary, Kecskemet, shut down due to chips-shortage

A shortage of chips has shut down German carmaker Daimler's plant in Hungary until May 2, state news wire MTI reports citing a local news portal. Baon.hu, the news portal for Bács-Kiskun County, home to the Daimler plant, learned that production stopped on Wednesday and the shutdown would last