article thumbnail

Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 trillion (US$85 billion) over the next 10 years, including KRW 35.8 trillion (US$27.8 billion) for electrification. Production.

Hyundai 284
article thumbnail

Schaeffler introducing 4in1 electric axles for EVs

Green Car Congress

With the 4in1 electric axle, Schaeffler is now going one step further by integrating the thermal management system as well as the electric motor, power electronics, and transmission into the axle drive. In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America.

article thumbnail

Tenneco/Gentherm showcasing prototype of thermoelectric generator for waste heat recovery; targeting 5% fuel economy improvement

Green Car Congress

Tenneco and Gentherm (formerly BSST/Amerigon) are part of a US Department of Energy (DOE) consortium actively developing a thermoelectric generator (TEG) for capturing waste exhaust heat in vehicles and converting it to electrical energy to be used to power electrical systems within the vehicle. Doug Crane, Gentherm.

article thumbnail

Eastman collaborating with USAMP and PADNOS on fully circular recycling study in automotive market

Green Car Congress

Eastman is collaborating with the United States Automotive Materials Partnership LLC ( USAMP ) and automotive recycler PADNOS for a concept feasibility study to demonstrate a closed-loop project to recycle automotive-industry mixed plastic waste in the automotive supply chain. That’s why this project is so exciting. —Steve Crawford.

Market 170
article thumbnail

SIAM, Maharashtra Pollution Control Board organise workshop on circular economy | Autocar Professional

Baua Electric

The Society of Indian Automobile Manufacturers (SIAM) collaborated with the Maharashtra Pollution Control Board to organise a ‘Circularity Workshop’ on ‘Extended Producer Responsibility Regime: An Innovative Policy Tool for Fostering a Sustainable Circular Economy in the Automotive Industry.’

article thumbnail

Toyota launches stamping-type plating machine that significantly reduces environmental impact and transforms plating process

Green Car Congress

Toyota Motor Corporation has developed a world’s stamping-type plating technology that uses a polymer membrane (solid electrolyte membrane), through which metal ions can pass, to apply plating, like a stamp, only to areas requiring plating.

Toyota 269
article thumbnail

BMW Group extends aluminum recycling to Dingolfing press shop

Green Car Congress

BMW’s press shop in Dingolfing—the largest of the BMW Group worldwide—is the first in which all aluminum sheet waste is separated and recycled to make it reusable for industry. When producing components in the press shop, there is always a waste of sheet metal. The BMW Group has invested around €6.5 automotive plant.

BMW 324