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Naxnova acquires Austria based Advanced Thermal Technologies – ET Auto

Baua Electric

New Delhi: Naxnova , a global leader in surface augmentation and technology solutions , formerly known as Classic Stripes, announced the successful acquisition of Advanced Thermal Technologies ( ATT ), a pioneer in thermal management solutions based in Austria, today.

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Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid Ocean production halt

Baua Electric

Its stock tanked after Fisker halted Ocean production at Magna-Steyr in Austria, which was quickly followed by the automaker slashing tens of thousands off Ocean MSRPs to liquidate its existing stockpile of assembled vehicles. says the restructuring in Austria will offer the business a little more time to woo a new investor.

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Fisker reveals production-intent version of Fisker Ocean at LA Auto Show

Green Car Congress

Fisker revealed its Fisker Ocean electric SUV at the Los Angeles Auto Show. The Fisker Ocean is being manufactured by Magna-Steyr at a carbon-neutral factory in Graz, Austria. The base Fisker Ocean Sport trim level is priced at $37,499, before federal and state tax credits.

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Stellantis to finish gearbox manufacturing at Vienna plant

Baua Electric

PARIS — Stellantis has knowledgeable unions and native officers of its plans to finish operations at its handbook gearbox manufacturing website online in Vienna-Aspern in Austria then 40 years, an organization spokesperson stated. It shorten about 10 p.c of the personnel in neighboring Slovakia and has laid off hundreds in Italy.

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Magna Steyr in discussions with several Chinese automakers to localize EV production in Europe

Baua Electric

Magna Steyr / Credit: Magna International Austria-based contract manufacturer Magna Steyr has confirmed that several Chinese OEMs are discussing the possibility of local EV production ahead of further sales in Europe. FTC: We use income earning auto affiliate links. Here’s the latest.

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Mitsubishi Rayon acquires majority of carbon fiber reinforced plastics company Wethje; targeting auto industry

Green Car Congress

MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG. Mitsubishi Rayon Co.

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This company just launched red solar panels to match terracotta tiled roofs

Baua Electric

Photo: Sonnenkraft Austrian solar manufacturer Sonnenkraft has debuted its new “Terracotta” solar panel that matches red-tiled roofs and is historic-building compliant. These panels open up a new set of possibilities for listed buildings in Austria and beyond. ad* FTC: We use income earning auto affiliate links.

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