The BMW Group and Mercedes-Benz AG are putting their cooperation on the development of next-generation technology for automated driving temporarily on hold. Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate on their existing development paths – which may also include working with current or new partners. Their […]

Volkswagen will invest EUR2 billion (USD2.2 billion) to strengthen its electrification strategy in China, according to CEO Herbert Diess. JAC Volkswagen is the German automaker’s  joint venture for e-mobility in China. Volkswagen will invest around EUR1 billion (USD1.1 billion) to acquire 50% of JAG, the parent company of Volkswagen’s partner JAC, and  increase its stake […]

The E-Mobility Group of Daimler Trucks & Buses is launching a worldwide initiative to establish a charging infrastructure for battery-electric trucks. The initial focus is on charging stations installed at the depots of truck customers. Within the framework of the initiative, the E-Mobility Group is bringing together the main players – e-truck customers, power grid […]

The MAHLE Group is consistently implementing its dual strategy and further expanding its position as a systems provider for alternative drive concepts. In India, the group has increased its holding in the former joint venture MAHLE Letrika Roots India from 50 to 90%. The future unit, MAHLE Electric Drives India, based in Coimbatore in the […]

ABB will acquire a majority stake of 67% in Shanghai Chargedot New Energy Technology Co., Ltd. (Chargedot), a leading Chinese e-mobility solution provider. The transaction is expected to be completed in the coming months and ABB has the possibility to increase its stake further in the next three years. Since its establishment in 2009, Shanghai-based […]

Toyota announced an agreement with Didi Chuxing (DiDi) to expand collaboration in Mobility as a Service (MaaS) in China. Toyota will invest USD600 million to establish GAC Toyota Motor Co., Ltd. (GTMC) for vehicle-related services used by rideshare drivers. DiDi provides app-based transportation services, including taxi hailing, private car-hailing, social ride-sharing and bike-sharing; on-demand delivery […]

Fiat Chrysler Automobiles (FCA) has signed two agreements for new e-Mobility solutions to support the production and distribution of the plug-in hybrid (PHEV) and full-electric (BEV) models rolling out as part of the Group’s 2018-2022 business plan. Through these agreements, FCA dealers will be able to offer innovative charging solutions and services to retail and […]

Lubricant demand volume in 2018 was 36.4 million tons. This figure is higher than the pre-global financial crisis levels of 2007, representing a robust market recovery. However, it is only the second-year volumes have exceeded pre-crisis levels. Despite apparent growth, the lubricants industry is amid a major disruption. Political, legislative and industry requirements are favouring […]

Total energy’s stated ambition is to become the responsible energy major. The company acquired  Saft in 2016, a specialist French manufacturer of advanced-technology battery solutions, and on 4 April 2019 announced a continued push into renewables technology with a joint venture between Saft and Tianneng Energy Technology (TET) in China. The tactical move provides Total […]

The Volkswagen brand is forging ahead consistently with its electric offensive and has now announced the first production location in North America. The German carmaker announced that is investing about EUR700 million (USD800 million) in the plant to produce vehicles based on the modular electric toolkit MEB, a new generation of electric cars. The expansion […]