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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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European electrolyzer manufacturers commit to boosting capacity tenfold by 2025

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European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. Today, industry agreed to a tenfold increase in electrolyzer manufacturing capacities in Europe.

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New industry collaboration for hydrogen trucking at mass-market scale in Europe: H2Accelerate

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Daimler Truck AG, IVECO, OMV, Shell and the Volvo Group have committed to work together to help create the conditions for the mass-market roll-out of hydrogen trucks in Europe. Europe-Wide Coverage. Second half of 2020s: Achieve volume manufacture ‘000’s per year. Europe-wide coverage of major corridors. 100s of trucks.

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Airbus and LM Industries create mobility startup Neorizon; digital manufacturing

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Airbus and LM Industries, the the parent company of Local Motors and Launch Forth, have formed Neorizon to provide disruptive and innovative products with an initial focus on local mobility and autonomy. —Jay Rogers, CEO and founder of LM Industries. leadership. —Benjamin Queisser, Neorizon CEO.

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Volkswagen to introduce electrode dry-coating in battery manufacturing; partnering with Koening & Bauer

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Volkswagen’s PowerCo SE plans to introduce an electrode dry-coating manufacturing process in its battery cell production plants in Europe and Northern America. A subsidiary of Volkswagen Group and based in Salzgitter, the battery company aims to industrialize the dry coating procedure.

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Iveco Group acquires full control of Nikola Iveco Europe

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has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, now to be renamed as EVCO (Electric Vehicles COmpany). Iveco Group N.V.

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PSA and Total create JV for manufacture of EV batteries in Europe; €5B investment

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With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance batteries for the automotive industry from 2023. Total/Saft will contribute its expertise in R&D and industrialization, and Groupe PSA its knowledge of the automotive market and its experience in production.