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Europe’s auto suppliers reach the end of the road – ET Auto

Baua Electric

Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic and Wales to keep the costs “competitive”, according to Continental, which will cut about 7,000 jobs worldwide. Another 100 could find a home at a nearby Siemens mobility plant that supplies rail companies.

Auto 52
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Bugatti & Rimac partners to form new venture 

Electric Vehicles India

The Rimac will be separated into a new entity called Rimac Technology for its development, production and supply of battery systems, drivetrains and other EV components and will be 100% owned by the Rimac Group. Bugatti Rimac will represent the company that will develop the future of both Bugatti and Rimac vehicles.

Croatia 104