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Volkswagen selects China-based LEAD for European gigafactory battery manufacturing equipment

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(LEAD) announced that it has been contracted by Volkswagen to supply battery manufacturing equipment for Salzgitter, accounting for more than 65% of the total equipment quantity for that 20 GWh gigafactory. Volkswagen has announced it will invest €30 billion to build 6 battery factories in Europe.

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Geely officially discloses new global B-segment automobile modular architecture: BMA; new BMA-based SUV to launch this year

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Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. Production based on BMA will be launched in EU, Eastern Europe, Africa, South America, Middle East and Southeast Asia.

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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

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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. China, Europe, and the US all posted double-digit declines in March.

Europe 261
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ACEA, Hydrogen Europe and IRU call on EU to ramp up investments in hydrogen refueling infrastructure

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The European Automobile Manufacturers’ Association (ACEA), Hydrogen Europe and the International Road Transport Union (IRU) are jointly calling on European policy makers to ramp up investments in EU-wide hydrogen refueling infrastructure for fuel cell electric vehicles. the Connecting Europe Facility). logistic centers).

Hydrogen 191
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Nikkei: Nidec to build $715M e-axle plant in Mexico

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The company is currently producing e-axles in China and Europe but will start making them in North America as well ahead of an expected surge in demand. Five of the seven locations are in China, and the other two are in Europe. Nidec also jointly runs a plant with the Guangzhou Automobile Group.

Mexico 259
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Teijin to establish Teijin Automotive Center Europe to expand capabilities for next-gen automotive components

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Teijin Limited will establish Teijin Automotive Center Europe GmbH (TACE) in Wuppertal, Germany in February as a new base for technical functions within the company’s automotive composite business. Teijin is targeting automotive composite business sales of approximately €1.7 billion (US$2 billion) by 2030.

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Volkswagen lays out its NEW AUTO strategy: transforming from manufacturer to software-driven mobility provider; Scalable Systems Platform

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Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.