VW and Rivian establish joint venture

Cost optimisation in vehicle manufacturing. The Volkswagen Group and Rivian Automotive are forming a joint venture with the intention of jointly developing next-generation electric architecture and software technology. Both companies will receive equal stakes in the joint venture. This collaboration aims to combine the companies' strengths and thereby reduce costs per vehicle. […]

Aurubis: Board Restructuring

Aurubis, the new CEO and also new Chief Operating Officer, has completed its management restructuring announced in January this year. The supplier of copper and other metals reported this recently. According to the report, the company's Supervisory Board, in its meeting on June 20, 2024, appointed Toralf Haag as the new Chief Executive Officer (CEO) and Tim Kurth […]

Mann + Hummel: Transportation division under new management

Automotive Expert Joins from Roland Berger Hasmeet Kaur will work as President Transportation at Mann + Hummel. The filtration solutions provider appointed her to this role, effective August 1st. According to the company, Mann + Hummel offers filtration solutions in its Transportation business division for both original equipment and the aftermarket. According to [...]

TDK: Future Solid-State Batteries

New material for solid-state batteries with 100-times higher energy density TDK Corporation has developed a new material for future solid-state batteries. The Japanese technology group reported this last week with a press release. According to the announcement, the planned next-generation solid-state battery will have an energy density of 1000 watt-hours per litre. This is an energy density 100 times higher compared to conventional [...]

100 years of railway technology from ZF

Technology transfer, innovation, service. A hundred years ago, ZF entered the rail vehicle market. At that time, the technology group presented a drive system for railcars. According to ZF, this was an adaptation of a technology that had primarily been developed for passenger cars. Since then, ZF has developed as a supplier for railway technology. According to the press release, this happened under [...]

Mercedes-Benz: Digital maintenance of Trumpf lasers

Cloud-based monitoring of all Trumpf lasers in the global production network Car manufacturer Mercedes-Benz and technology company Trumpf are implementing a new type of maintenance for Trumpf lasers. As Trumpf reports, the two companies are relying on predictive, digital maintenance for this purpose. Trumpf refers to this as the era of the Smart Factory. A cloud-based monitoring of all [...] is now being implemented in the global production network of Mercedes-Benz.

Development of alternative packaging

Cooperation between Bayer and Papacks Bayer intends to develop fibre-based packaging as an alternative to conventional plastic packaging. For this purpose, the Leverkusen-based pharmaceutical and agrochemical group has started a collaboration with Papacks. The Cologne-based packaging manufacturer recently reported on this in a press release. According to the press release, the fibre-based packaging is to be used for some products in Bayer's Consumer Health division in the future. This is intended to [...]

Fischers sells automotive division

Private equity firm Mutares takes over Fischer Automotive Systems. Fischer sells its automotive division. The investment company Mutares will take over Fischer Automotive Systems GmbH & Co. KG from Fischerwerke. Fischer describes the decision in its press release as a groundbreaking one for the automotive division. The corporate group, known for its dowels, further explains that the situation in the automotive industry is particularly [..]

Hamburg as an important location for packaging

Duisport industrial solutions takes over Breeze Industrial Packing GmbH. Breeze Industrial Packing GmbH, a company specialising in transport, logistics, and sea-worthy packaging, will be fully taken over by the duisport industrial solutions (dis) packaging group, according to information from the duisport Group. Alexander Fuchs will act as sole managing director. This is considered a strong statement by the duisport Group for the [...]

Arcelor-Mittal: Remodelling in Bremen and Eisenhüttenstadt

Steel group received national funding approval ArcelorMittal plans to reconfigure its plants in Bremen and Eisenhüttenstadt as part of a decarbonisation project. To this end, Robert Habeck, Federal Minister for Economic Affairs and Climate Action, recently handed over the funding approval to the management and workforce in Eisenhüttenstadt, according to the company's press release. Funding of around 1.3 billion euros According to ArcelorMittal, the [...]