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Thailand’s EV industry growing rapidly

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The Thailand Board of Investment announced that Thailand has received more foreign direct investment supporting the country’s growing electric vehicle production ecosystem. With a population of more than 645 million consumers in ASEAN alone, the EV industry is projected to grow more as demand across the rest of Asia increases.

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. TWh of batteries needed by 2030 will require $201 billion and the midstream production of battery materials will take the remaining $93 billion.

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XING Mobility to introduce IMMERSIO cell-to-pack product at IAA

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XING Mobility , a developer of immersion cooling battery technology for industrial applications, will introduce its IMMERSIO Cell-to-Pack (CTP) product at the IAA Mobility show in Munich, Germany. XING’s IMMERSIO CTP Solution is a flexible pack concept that can be customized to meet the specific needs of various applications.

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BMW Group increasing use of digitalization and Industry 4.0 in production logistics

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The BMW Group is increasingly relying on innovations from the fields of digitalization and Industry 4.0 in production logistics. Logistics is the heart of our production system. We are already working with tomorrow’s Industry 4.0 —Jürgen Maidl, head of Logistics for the BMW Group production network.

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LanzaTech, Northwestern, ORNL engineer microbe to convert industrial waste gases to acetone or isopropanol

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A team of scientists from LanzaTech, Northwestern University and the Department of Energy’s Oak Ridge National Laboratory have engineered a microbe to convert molecules of industrial waste gases, such as carbon dioxide and carbon monoxide, into acetone and isopropanol (IPA). —Jennifer Holmgren, CEO of LanzaTech. In this case of C.

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Renault Group inaugurates new production line for electric motors at Cléon plant

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The Renault Group inaugurated the new “ePT-160kW” electric motor production line at its plant in Cléon. Renault Group has invested €620 million since 2018 at the Cléon site to industrialize the group’s motors for 100% electric and hybrid vehicles.

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Bosch begins electric motor production in Charleston; more than $260M in new investment

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Bosch has begun production of electric motors at its Charleston, S.C. Additionally, the company plans to invest more than $260 million to expand further the production of electrification products at the site, which is expected to create at least 350 net new jobs by 2025. manufacturing facility. methods to gain more efficiency.