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TSMC, Bosch, Infineon, and NXP to establish JV to bring advanced semiconductor manufacturing to Europe; €10B investment

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plan to invest jointly ina joint venture—European Semiconductor Manufacturing Company (ESMC) GmbH, in Dresden, Germany—to provide advanced semiconductor manufacturing services. Their reliable availability is also of great importance for the success of the global automotive industry.

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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

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Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

Slovakia 273
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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. The supply will go beyond 2030. As early as 2022, Daimler Truck AG’s vehicle portfolio will include series-produced vehicles with battery-electric drive systems in the main sales regions Europe, the United States, and Japan.

Global 435
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BASF and Advent Technologies to establish end-to-end supply chain for HT-PEM fuel cell systems in Europe

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Advent is the largest manufacturer of HT-PEM fuel cell systems targeting emerging markets in the field of sustainable and decentralized energy such as stationary power that can replace diesel generators, marine power from e-methanol fuel cells and heavy-duty mobility.

Supplies 259
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Westport awarded additional production supply agreement for Euro 7 LPG fuel systems by global OEM

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Westport Fuel Systems has been designated as the supplier of liquified petroleum gas (LPG) systems to a global original equipment manufacturer (OEM). This is in addition to the previously announced production supply agreement, adding new Euro 7 vehicle platforms planned for production by the OEM. —David M.

Supplies 150
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Rimac Technology and EVE Energy partner on 46xx battery cell production in Europe

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Rimac Technology, a leading provider of high-performance automotive technology solutions to global OEMs, has partnered with battery maker EVE Energy. EVE will focus on cell manufacturing while Rimac Technology will focus on the development and high-volume production of a battery module and pack platform using the cells.

Europe 301
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onsemi and ZEEKR sign long-term supply agreement for SiC power devices

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onsemi, a provider of intelligent power and sensing technologies, and premium electric mobility brand ZEEKR have entered a long-term supply agreement (LTSA). The new LTSA will enable both companies to build a stronger supply chain relationship to support ZEEKR’s growth over the next decade.

Supplies 284