Designed to leverage and enhance Ricardo’s expertise in test and development this new facility will be a global centre of excellence for electrified transport engineering.
Faurecia, one of the world’s leading automotive technology companies, announced today that it has acquired a majority of CLD, one of China’s largest high-pressure tank manufacturers. The transaction will be completed once regulatory approvals are obtained in China.
AKASOL AG as well as BorgWarner Inc., and Blitz F21-842 AG (in future: ABBA BidCo AG), a subsidiary of BorgWarner Inc., a globally leading automotive supplier, have signed a Business Combination Agreement to enter into a strategic partnership.
Philip Harting, CEO of the HARTING Technology Group, was re-elected at the virtual general meeting of ZVEI’s “Electronic Components and Systems” (ECS) trade association. Philip Harting had already served as chairman of the trade association for three years, and will now be on board for another three-year tenure.
Allison’s newest electric hybrid cross-drive transmission is selected by American Rheinmetall Vehicles for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) competition.
Dana Incorporated (NYSE: DAN) announced today it will participate in the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference on February 24, 2021.