News


Porsche and Hydro are planning the widespread use of aluminum with a reduced environmental impact

July 15, 2024

Porsche collaborates with Norwegian aluminum company Hydro in order to deliver carbon-reduced primary aluminum as well as secondary aluminum with a high proportion of recycled material. Within their technical collaboration, Porsche and Hydro are also testing where aluminum with an even higher proportion of recycled material can be used. The sports car manufacturer is working towards a net carbon neutral value chain of newly produced vehicles in 2030. Aluminum is an important part of this.

Agriculture Robots Market is projected to surpass USD 80 billion revenue by 2032

July 15, 2024

As per the report, the increasing demand for enhanced yield and sustainable farming practices will accelerate business growth over 2023–2032. The Agriculture Robots Market size was crossed USD 14.9 billion in 2022 and is estimated to reach USD 80 billion by 2032 due to the aging agricultural workforce in many countries.

Farmers and agricultural enterprises are embracing robotic solutions to optimize crop production while reducing environmental impact. 

New MG HS hybrid SUV revealed at Goodwood Festival of Speed

July 11, 2024

As part of its centenary celebrations at the Goodwood Festival of Speed this week, MG has taken the wraps off the next generation of its HS SUV. Unveiled in plug-in hybrid and petrol guises in the UK, it’s expected that MG will continue to focus on the PHEV, which has been significantly upgraded.

The new model pricing has remained typically competitive.

Samsung launches Galaxy ring at Unpacked event in Paris

July 11, 2024

Samsung have launched three new smartwatches this year, but the most expected wearable - the Galaxy Ring was officially announced at yesterday’s Unpacked event.

The Galaxy Ring is an entirely new product for Samsung and marks its entrance into the smart ring market. Here are all the details on the Galaxy Ring: Price and design, Health and fitness tracking, Performance and battery, Other features and compatibility.

Tesla Optimus Humanoid Robot Draws Crowds at World AI Conference

July 09, 2024

In the first weekend of July, Tesla’s Optimus humanoid robot drew significant attention at the World Artificial Intelligence Conference (WAIC) in Shanghai, despite being displayed in a glass case.

Optimus Gen 2 boasts improved motion and handling capabilities and can perform routine tasks such as folding laundry.

Displaying the latest version of the humanoid robot, Tesla stated in a post on the Chinese social media platform Weibo that attendees would "witness the re-evolution of humanoid robots."

Battery technologies of the future: Mercedes-Benz eCampus opens at Stuttgart

July 09, 2024

Mercedes‑Benz opened the eCampus at the heart of its headquarters in Stuttgart-Untertürkheim. It is the competence centre for the development of cells and batteries for the future electric vehicles of the brand with the star. Mercedes-Benz is significantly strengthening its development activities in battery technology.

The aim is to develop innovative chemical compositions and optimised production processes for high-performance cells with “Mercedes-Benz DNA” and reduce battery costs by more than 30 percent in the coming years. 

Latest commodity prices: July 2024

July 03, 2024

Energy prices increased 1.1% in June, led by natural gas (+9.9%).

Raw materials changed little (+0.2%), while beverages climbed by 8.5%.

Precious metals dipped by 0.8%.

Valeo Partners with Dassault Systèmes to Accelerate the Digitalization of Its R&D

July 02, 2024

Valeo, a world leader in mobility technologies, and Dassault Systèmes announced their partnership. Valeo will rely on Dassault Systèmes’ “Global Modular Platform” and “Smart, Safe & Connected” industry solution experiences based on the 3DEXPERIENCE platform to accelerate the digital transformation of the Group’s research and development activities.

Valeo will deploy Dassault Systèmes’ 3DEXPERIENCE platform to optimize the development of new technologies for safer and more sustainable mobility.

HORSE (Renault Group and Geely) started the production of 1.2-litre engine in Mioveni plant, Romania

July 02, 2024

HORSE, a global leader in innovative and low emissions powertrain systems, started the manufacturing and assembly of its highly efficient 1.2-litre, 3-cylinder gasoline engine (HR12) at its plant in Mioveni, Romania. The most efficient engine among the HORSE product portfolio and the most powerful produced at HORSE Romania, the HR12 is used in several vehicles, including hybrids. The beginning of production in Mioveni supplements HORSE’s global capacity for the HR12 engine, with engines produced in Romania to be installed in new Dacia Duster models. 

FORD started mass production of new all-electric Explorer

July 01, 2024

Ford started mass production of the new all-electric Ford Explorer at its first dedicated electric vehicle (EV) facility in Europe following a $2 billion investment that has transformed a historic plant into a factory of the future.

The all-electric Ford Explorer, the first vehicle off the production line in the new Ford Cologne Electric Vehicle Center, is on its way to customers in Europe.

Ford’s new EV Center is a key element of Ford’s Road to Better plan targeting carbon neutrality across its European production footprint by 2035.

Volkswagen Group and Rivian Announce Plans for Joint Venture worth billions

July 01, 2024

Rivian Automotive and Volkswagen Group have announced their intention to form an equally controlled and owned joint venture (JV) to create next-generation electrical architecture and best-in-class software technology. They intend to produce next generation software-defined vehicle (SDV) platforms to be used in both companies’ future electric vehicles.

Volkswagen Group will invest an initial $1 billion in Rivian, with up to $4 billion in planned additional investment for a total expected deal size of $5 billion.

Continental invests 45 million euros in expanding production at Sibiu R&D center

July 01, 2024

Continental announced the start of work on the new production module in Sibiu, the seventh, with a planned investment of over 45 million euros. The future Module 7 of Continental Sibiu will have an area of over 15,000 square meters. Of this, 6,500 sqm are allocated to the production area, and the rest is related to the logistics area, the office area, and other additional spaces.

Completion of the new module is planned for the end of next year, while production will begin in the spring of 2026.

Latest commodity prices: June 2024

July 01, 2024

Energy prices declined 6.4% in May, led by crude oil (-7.5%). Non-energy prices changed little, as a group.

Food prices gained by 1.3%. Raw materials inched up by 0.2%, while beverages contracted 13.8%.

Industry Expo & B2B Meetings 2024

October 31, 2024

Industry Expo & B2B Meetings is an international event dedicated to industrial professionals, buyers and suppliers.

Automotive Expo & B2B Meetings 2025

March 27, 2025

Automotive Expo & B2B Meetings is an international event dedicated to automotive professionals, buyers and suppliers.