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The company is investing $50 billion globally through 2026 to achieve a targeted run rate of more than 2 million all-electric vehicles by the end of that year. It follows the EcoBoost gasoline‑engined Tourneo Courier that opens for order this summer, with initial deliveries before the end of 2023.
Last year’s news that the plant, which currently produces transmissions for internal combustion engine vehicles, had won assembly of Ford electric vehicles’ power units brought an initial backing of £230 million (US$283 million) to deliver 250,000 units a year from 2024. billion (US$2.6 billion) annually.
Ford President and CEO Alan Mulally launched volume production of Ford’s smallest gasoline engine—the 1.0-liter, liter, turbocharged, direct injection EcoBoost engine ( earlier post )—at Ford’s Cologne (Germany) Engine Plant. The plant’s 870 employees will build up to 350,000 units a year of the new engine.
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. Fuel cell development is done in collaboration with Austrian engineering company AVL, the world’s largest independent company for development of powertrain systems.
EcoBoost engine. liter EcoBoost engine into its lineup. The new engine will be first introduced in China in the all-new Ford Mondeo, making its public debut later this month at Auto Shanghai 2013 ( earlier post ), with applications following in the Fusion sedan in North America this year, and later the new Mondeo in Europe.
Ford revealed further details of the upcoming four-cylinder versions of its turbocharged, gasoline direct-injected EcoBoost engine family (earlier post) at the Frankfurt Motor Show, prior to their first European production applications in 2010. liter engine catering for applications of 200 PS and above, the 1.6-liter liter and 2.0-liter
Ford Motor Company has added its near-dry machining process—Minimum Quantity Lubrication (MQL)—to six plants globally, a number that will nearly double in the next few years. Cologne Engine Plant in Germany decreased water use per engine by 50% from 2011 to 2012 by switching to the MQL process. Right: MQL machining.
The business segment Chemicals & Materials will instead be the growth engine of the company. At the same time, E&P will act as a cash engine for the Group strategy and support the transformation of the business. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030.
NuScale has signed agreements with entities in the US, Canada, Romania, the Czech Republic, and Jordan. The majority investor in NuScale is Fluor Corporation, a globalengineering, procurement, and construction company with a 60-year history in commercial nuclear power.
By 2025, Ford plans to resize its European engineering footprint, resulting in 2,800 fewer jobs. Ford will maintain an engineering organization of approximately 3,400 roles in Europe, focused on vehicle design and development, as well as the creation of connected services.
There, d elegations from Azerbaijan, Georgia, Hungary, and Romania finalized an ambitious plan: to generate up to 6 gigawatts of clean energy in the Caucasus region, run the electricity through a cable along the bottom of the Black Sea, and deliver it to Europe. Laying the Black Sea line presents a formidable engineering challenge.
during the cold start/warm-up phase, driving at extreme altitudes or when using the air-conditioning system)—the vacuum produced by the engine is no longer sufficient—or sometimes even available. As a global market leader, HELLA currently supplies electric vacuum pumps to more than 40 international OEMs.
Management consulting firm Zinnov released its latest study conducted on the Automotive R&D Globalization Landscape, presenting a globalengineering R&D analysis on the top 60 automotive companies and how are they leveraging the global R&D ecosystems to improve engineering output and efficiency.
—Felipe Munoz, JATO’s global analyst. Globally, Europe was the world’s third-largest car market behind China and the US. Poland, Slovakia, Luxembourg and Lithuania all posted record levels of volume, while it was the best year since 2007 for Spain and Estonia, and the best year since 2008 for Romania, Hungary, Croatia and Latvia.
Purchasing, engineering and manufacturing were the main contributors. Renault and Nissan, which together sell one in 10 cars globally, converged four key functions in 2014: Engineering, Manufacturing Engineering & Supply Chain Management, Purchasing and Human Resources. Renault-Nissan Alliance generated €4.3 Earlier post.)
501,000 auto supplier jobs in Internal Combustion Engine (ICE) powertrain components production are expected to become obsolete if technology is phased-out by 2035 (84% of current ICE jobs). The study is also the first to evaluate the impact of different policy pathways to reach Green Deal objectives with a focus on automotive suppliers.
Fiat Chrysler Automobiles (FCA), IVECO (a brand of CNH Industrial) and ENGIE (Global Energy Player) are broadly collaborating to promote natural gas vehicles and infrastructure in Europe. ENGIE is a global energy player and an expert operator in gas, electricity and energy services.
An undersea cable would move the electricity across the Black Sea and deliver it to Constanta, Romania, where it could be distributed further into Europe. In September, Azerbaijan, Georgia, Romania, and Hungary created a joint venture , based in Romania, to shepherd the project. Long-distance lines would carry up to 1.5
Location data and technology company HERE Technologies, in conjunction with SBD Automotive, a global automotive research firm, published an interactive index that shows the developing state of electric vehicle (EV) demand and infrastructure readiness across the United States and Europe. Highlights of the HERE – SBD Automotive EV Index.
New Delhi: Marelli has been awarded a significant contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). This project is the result of a global development, thanks to Marelli’s worldwide R&D centers, and the production will be located in China, Mexico and Romania. “We
Automotive technology supplier Marelli has won “a significant contract from a major global carmaker” to supply its Battery Thermal Plate for future EVs. Production will be located in China, Mexico and Romania. The product, which facilitates thermal energy management in EVs, has been developed and will be produced in-house by Marelli.
a nuclear engineer at the Nuclear Innovation Alliance think tank. NuScale has plans to build a US plant in Idaho by 2030; the company is involved in the UK , Poland , and Romania as well. If nuclear reactors were aircraft, consider the SMR today a 1910s-era biplane. And it’s still on the drawing board.
The latest automotive supplier to announce its supplier awards is global motion technology company Schaeffler. Especially in view of the current global challenges, these relations prove themselves as a basis for long-term business success.”
Series production will start in Romania and Mexico in 2025; in this context, Forvia Hella will also bring the NCAP-relevant safety function “Child Presence Detection” based on ultra-wideband technology onto the streets for the first time.
According to Felipe Munoz, Global Analyst at JATO Dynamics: “As the economic outlook has continued to improve, the car market has gone from strength to strength. As a result, cars made in China outsold cars made in Italy, Korea, Morocco, and Romania, while also closing the gap between cars made in Turkey and the UK.
GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.
18 September 2024 Read next Tesla and BYD do battle in July’s global EV market 17 September 2024 EU new-car registrations declined sharply in August, marking their biggest drop since April 2022. Elsewhere, Poland (up 14.8%), Romania (up 8%), Portugal (up 2.5%), the Czech Republic (up 2.3%) and Denmark (up 1.5%) saw growth.
Have plug-ins and internal-combustion engine ( ICE ) models reached a point of price parity? The same is true in Eastern Europe, with Poland, Romania and Hungary also seeing lower shares. Make sure to sign up for the next webinar: Driving the future: EV trends transforming the global and European market.
After starting off slow, Chinas EV industry has reorganized itself in record time, going from a global laggard to a global leader in about 5 years showing other countries how it ought to be done. of the countrys car market, it lagged behind California and almost all of Europe even the slower-adopting countries, like Romania.
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