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Magna to engineer and produce new off-road EV for INEOS Automotive in 2026

Green Car Congress

Magna has been awarded a contract to manufacture an all-new INEOS Automotive electric off-road vehicle, expected to start production in Graz, Austria in 2026. In addition to manufacturing, Magna will also be responsible for the engineering of the complete vehicle.

Austria 284
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3-year, $75.7M eRamp power electronics research project launches at Infineon

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The three-year research project “eRamp”, intended to strengthen and expand Germany and Europe as centers of expertise for the manufacture of power electronics, launched at Infineon Technologies in Dresden. Infineon, a global market leader in power semiconductors, is leading the €55-million (US$75.7-million) million) project.

Austria 265
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Fisker and Magna sign long-term manufacturing agreement

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signed a binding agreement supporting manufacturing with Magna International. Fisker and Magna also confirmed that production of the all-electric Fisker Ocean SUV is projected to start on 17 November 2022 at Magna’s manufacturing facility in Graz, Austria, where they have produced more than 3.7 Fisker Inc.

Fisker 199
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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

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The BMW Group is speeding up the shift towards electromobility and strengthening its global network for production of electrified vehicles. The combustion engines with four, six, eight and 12 cylinders produced there will be manufactured at the company’s locations in Steyr in Austria and Hams Hall in the UK going forward.

BMW 396
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ElringKlinger and Plastic Omnium create fuel cell technology JV

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Assets include more than 150 employees, more than 150 patents, R&D and know-how, its fuel cell components business, and several high power density fuel cell stack platforms already marketed and manufactured at a facility located in Dettingen/Erms (Baden-Württemberg), where the joint venture will also be headquartered.

Fuel 355
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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

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We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. TECO 2030 originates from the TECO Maritime Group, which has provided technology and service to the global shipping industry for more than 25 years.

Norway 468
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261