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Rheinmetall restructures; reducing automotive components share, especially combustion engines

Green Car Congress

Rheinmetall AG of Düsseldorf is pressing ahead with its systematic transformation into a fully integrated technology group, reorienting its corporate structure in the process. Sales, which came to around €5.8 By 2025, security technology is expected to account for approximately 70% of Group sales, as opposed to roughly 63% in 2020.

Engine 259
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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

Motor 334
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MAN PrimeServ to retrofit up to 60 vessels for Seaspan and Hapag-Lloyd for methanol dual-fuel propulsion

Green Car Congress

MAN Energy Solutions has signed a Conversion Commitment Agreement with Seaspan Corporation (Seaspan), a global leader in containership ownership and management in collaboration with Hapag-Lloyd, one of the leading global liner shipping companies. This agreement includes 45 optional engine retrofit solutions. LGIM variants.

Fuel 370
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Mazda expanding SUV lineup from 2022 on; electrification of all models by 2030; rotary engine as generator

Green Car Congress

In Hiroshima, Mazda Motor Corporation announced plans to expand its SUV lineup globally starting from 2022. The European market, where electrification is already in full-swing, will primarily see the introduction of plug-in hybrid models with straight-four gasoline engines combined with a motor drive.

Mazda 305
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Toyota to take 10% stake in electric drive maker BluE Nexus; new joint sales structure

Green Car Congress

Since its establishment in April 2019 as a joint venture of Aisin Seiki and DENSO, BluE Nexus has been engaged in the development and sales of electric drive modules for electrified vehicles and in control calibration services for such modules. Toyota will remain the sales contact for fuel cell systems.

Toyota 218
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Mitsubishi Outlander PHEV hits 200,000 global sales

Green Car Congress

Mitsubishi Motors Corporation (MMC) announced that the world’s first plug-in hybrid SUV, the Mitsubishi Outlander PHEV, has achieved sales of 200,000 units worldwide since its launch in 2013. liter gasoline engine. Since making its debut in Japan, the Outlander PHEV has been rolled out to more than 50 countries across the world.

PHEV 304
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Mazda2 Hybrid to be introduced in Europe; OEM model supplied by Toyota

Green Car Congress

Mazda Motor Corporation will introduce the Mazda2 Hybrid in Europe from the spring of 2022. The Mazda2 Hybrid will be an OEM model supplied by Toyota Motor Europe, a wholly owned subsidiary of Toyota Motor Corporation, and will be added to the Mazda2 lineup in Europe and sold as Mazda's own brand vehicle.

Europe 395