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Mercedes-Benz Cars invests €1B in new “Full-Flex” car plant in Hungary; Factory 56 applied to full plant

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Mercedes-Benz Cars is starting construction of its first “Full-Flex Plant“ in Kecskemét, Hungary, about 90 km in the south of Budapest. With an investment of one billion euros, we are building in Hungary the first ‘Full-Flex Plant’ in the global production network of Mercedes-Benz Cars.

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Schaeffler introducing 4in1 electric axles for EVs

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In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. For the electrification of medium-duty pick-up trucks, particularly for the North American market, Schaeffler is developing and will manufacture an electric beam axle.

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4Q 2019: EU diesel demand continues to drop while gasoline gains; plug-ins up 80.5% y-o-y

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of new-car registrations, according to data from ACEA, the European Automobile Manufacturers Association. of the EU market, while electrically?chargeable powered vehicles (APV) combined held a market share of 13.2%. Despite this overall decline, some markets are starting to show signs of recovery. All alternatively?powered

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ACEA: EU commercial vehicle registrations: down 23.2% in Q1 2020; -47.3% in March

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across the EU, as measures to prevent the spread of COVID-19 lead to the closure of dealerships, according to the ACEA (European Automobile Manufacturers Association). Each vehicle segment was strongly affected by the fallout of the COVID-19 outbreak and all 27 EU markets recorded substantial declines last month. and Spain saw a 67.2%

2020 259
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Toray to enter large tow carbon fiber business via $584M acquisition of Zoltec; wind and automotive markets

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However, large tow carbon fiber is anticipated to expand its applications, based on its reasonable balance between cost and performance, to wind energy-related which shows rapid demand growth in recent years, and automobile structural parts in future.

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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

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BBAC), launched EQC production for the local market in China. As with the EQC from Bremen and Beijing and the EQV from Vitoria, which are already on the market, the fully electric models at the Rastatt plant run on the same production line as compact vehicles with conventional and hybrid drives. The EQE thus complements the all?electric

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Teijin Frontier to acquire J.H. Ziegler; addressing EV demand

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The company also produces market-leading top-quality sound-absorbing materials and nonwovens for home interior and heat insulation use. The company operates five facilities globally, including three in Germany and one each in Hungary and China, and employs approximately 400 staff.

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