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Volkswagen Group to add 15 more plants to Industrial Cloud this year

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The Volkswagen Group is pushing ahead with the integration of its plants into the Volkswagen Industrial Cloud; the aim is to further improve the efficiency of the plants and reduce production costs. The Industrial Cloud is built on Amazon Web Services (AWS), and Siemens is the integration partner. Earlier post.)

Industry 150
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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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Teijin joins AZL Partner Network for Lightweight Production Technology

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Teijin has joined the AZL Partner Network for Lightweight Production Technology , a cross-industry network for joint business development and technology development organized by service and engineering provider AZL Aachen GmbH and involving nine institutes and some 80 companies in the field of lightweight production. of Czech Republic.

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Bosch to begin developing electrolyzer components; €500M investment by end of decade

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In light of energy diversification, the move away from fossil fuels, and the need to reduce CO 2 emissions, demand for green hydrogen is growing rapidly—not only in energy-intensive industries such as steel, chemicals, and heavy-duty freight, but also in private real estate. jovice (Czech Republic).

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

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The company aims for 2 million units in annual EV sales by 2030. Furthermore, in order to secure leadership in the future mobility industry, it has decided to focus on future businesses, such as autonomous driving, hydrogen, robotics and advanced air mobility (AAM). trillion (US$85 billion) over the next 10 years, including KRW 35.8

Hyundai 284
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Trial begins of new intelligent multimodal travel management service in European cities

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The system was presented to representatives from industry and service providers, as well as city and regional officials, at an event in Vienna, Austria, on 25 January. The novel system will be piloted in six European cities: Brno (Czech Republic), Bucharest (Romania), Florence (Italy), Munich (Germany), Oslo (Norway) and Vienna.

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Research Suggests Renewables Could Generate 40% of Global Power by 2050

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In Europe, Britain’s industry has called on the British government to shell out £625 million (€675 million, US$872 million) for renewables support, and the latest data show that EU Member States France and Germany have committed large sums of green stimulus money, especially for renewables.