Demand slackens but Dana books Q3 profit
Sales and profits up but demand not as expected.
News
Denso reorganises NA engineering and R&D
Product groups ditched, organisation restructured, managers promoted.
Hertz orders 100,000 Teslas
Huge EV fleet order and a supporting charger network.
Veoneer Q3 net sales up 5% to US$391m
Strong operational performance during third quarter.
Samsung SDI to begin trial cathode production, announces US JV
Samsung SDI owns a 60% stake in the joint venture, while EcoPro BM holds the...
Mercedes opens full-fledged R&D centre in China
The new 55,000 sq m centre was designed to have full vehicle development capabilities, the first such facility outside the company’s Stuttgart headquarters in Germany.
Unipart Logistics appoints Ian Truesdale as MD
Truesdale has more than 35 years of experience in operations and supply chain.
Taiwan Cement builds second EV battery plant
Another subsidiary already has an EV battery plant with 1.4 GWh production capacity, giving the group 3.2 GWh when new factory complete.
Faurecia Q3 Group sales down 10.4% to EUR3.4bn
French supplier notes all business groups and regions posted significant outperformance.
BASF to supply SVOLT with battery chemicals
Materials supply and cell recycling included in the deal.
Nexteer Announces mCEPS
Said to be a cost-efficient, modular platform design achieving scalability for the supplier and flexibility to meet a wide range of OEM requirements.
