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Magna to engineer and produce new off-road EV for INEOS Automotive in 2026

Green Car Congress

Magna has been awarded a contract to manufacture an all-new INEOS Automotive electric off-road vehicle, expected to start production in Graz, Austria in 2026. Part of the development process for this new 4X4 will include a rigorous testing program on Austria’s Schöckl mountain, which is close to Magna's complete vehicle assembly facility.

Austria 284
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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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EV startup AEHRA partners with Miba Battery Systems

Green Car Congress

Miba is particularly well-suited to provide the type of features we wish to have in our batteries to provide optimum range and efficiency and integration with the body structure of our SUV and Sedan.

Batteries 221
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ElringKlinger and Plastic Omnium create fuel cell technology JV

Green Car Congress

EKPO Fuel Cell Technologies will offer its product portfolio to a broad range of customers including hydrogen systems integrators. Plastic Omnium will also contribute to the development of the JV through its global customer portfolio, its worldwide presence and its technological expertise in hydrogen storage and systems.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261
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Samsung SDI building Li-ion battery plant in Hungary; global triangular production structure

Green Car Congress

The new facility in Hungary will enable Samsung SDI to establish a global triangular production structure along with existing plants in Ulsan, Korea and Xian, China. The new battery plant will be built in Goed, north of Budapest in a 330,000 m 2 site, using existing facilities previously used for display production.

Hungary 150
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Fisker and Magna sign long-term manufacturing agreement

Green Car Congress

Fisker and Magna also confirmed that production of the all-electric Fisker Ocean SUV is projected to start on 17 November 2022 at Magna’s manufacturing facility in Graz, Austria, where they have produced more than 3.7 million vehicles for several global automakers.

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