Industry 4.0

How are profit-skimming plans unsettling the wind energy industry?

Presently, it is challenging to complete new projects, particularly in light of the EU Commission’s ambitions to siphon off.  “We will concentrate on the markets where the demand is,” emphasized Siemens Gamesa CEO Eickholt in view of the current situation in Europe.  Although nothing has been finalised, he believes that the market leader for offshore wind turbines is pursuing a new internationalisation approach (offshore). According … Continue reading How are profit-skimming plans unsettling the wind energy industry?

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Sustainability

What is the situation with wind turbine manufacturers Siemens Gamesa and Vestas?

Due to their severe losses, Siemens Gamesa and Vestas had to lower their projections and are laying off thousands of employees. Siemens Gamesas CEO Jochen Eickholt, therefore, requested financial support from Brussels. “I would advise EU politicians to introduce similar support measures for the ailing wind power industry as the US does.” Under US President Joe Biden, the North American government is presently investing 260 billion … Continue reading What is the situation with wind turbine manufacturers Siemens Gamesa and Vestas?

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Technology

Meet the new head of GM, Genesis, Borbet, Valmet Automotive

Jaclyn McQuaid has been President and Managing Director of GM Europe since November 1. As the manufacturer announced in a press release, she succeeds Mahmoud Samara, who is leaving the company for family reasons. McQuaid has been with GM for 22 years, where his responsibilities included global vehicle programs. Most recently, she was chief engineer for full-size trucks. Delf Schmidt is the new Managing Director … Continue reading Meet the new head of GM, Genesis, Borbet, Valmet Automotive

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Sustainability

What are Science based initiatives in achieving climate goals?

In order to align business climate objectives with the results of climate science, the non-profit effort Science Supported by the United Nations (UN) Based Targets (SBTi) by CDP, UN Global Compact, World Resources Institute, and WWF was created. “It is a question of defining scientifically well-founded targets for saving emissions related to the scenarios, Criteria, and recommendations for limiting global warming to 1.5°C are compatible.” … Continue reading What are Science based initiatives in achieving climate goals?

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Sustainability

Where do the countries stand in CO2 neutrality?

As per the recent Dynata study on climate change sentiment. “Dynatas Global Consumer Trends: The Urgent Fight Against Climate Change” was launched on 28. September to 5 October 2021 in the USA, Canada, Great Britain, France, Spain, Germany, Netherlands, Italy, China, Japan, India, and Australia. The survey result of the Bitkom study “Climate effects of digitization”, was conducted by Accenture. It is the basis for a survey on climate … Continue reading Where do the countries stand in CO2 neutrality?

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Electromobility

Heavy Duty Electric Truck with fuel range extender by RWTH Aachen

The first roadworthy prototype of its electric heavy-duty truck, by the chair of “ Production Engineering of E-Mobility Components” (PEM) with fuel cell equipped to extend its range. The vehicle is being developed as part of the “SeLv” research project funded by the Federal Ministry for Digital Affairs and Transport with around 16.9 million euros. The abbreviation stands for “Heavy trucks for emission-free logistics in … Continue reading Heavy Duty Electric Truck with fuel range extender by RWTH Aachen

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Electromobility

New partnership for Jaguar Land Rover

A new strategic partnership for Jaguar Land Rover and Wolfspeed for the silicon carbide semiconductor supply. As per the British car company, “The technology is significant for the next generation of electric vehicles from Jaguar and Land Rover and will increase the efficiency of the drive as well as the range.” As part of the realignment, Jaguar Land Rover is transforming into a company that … Continue reading New partnership for Jaguar Land Rover

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Electromobility

Renault and Geely joint venture for a hybrid vehicle

The new joint venture agreement between Renault Group and Chinese car group Geely. As per the press release, “A global leader in the development, production, and distribution of first-class hybrid drives and highly efficient combustion engines”. As per the new agreement, Geely and Renault will each hold a 50:50 interest in the new entity. It will be an independent global manufacturer of propulsion systems that … Continue reading Renault and Geely joint venture for a hybrid vehicle

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Electromobility

Toyota Prius 5th generation

Toyota unveiled its 5th generation Hybrid model Prius. It is going to be launched in the Summer of 2023 exclusively as a plug-in hybrid model. The latest plug-in hybrid system on the market in Germany has greater power and a bigger battery for a longer range of electricity. Toyota has furthered the aerodynamic design, for which the vehicle has long been recognized, with a coupe-like … Continue reading Toyota Prius 5th generation

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Electromobility

Farizon Auto’s new Launch

Farizon Auto, a commercial vehicle manufacturer belonging to the Chinese Geely Group showcases the new products. The new semi-truck is known as the Homtruck and will be delivered in 2024. The market is targeted in international areas also including North America. Zhejiang Geely Holding Group Co., Ltd., or Geely for short, is a multinational automotive manufacturer headquartered in Hangzhou, China. In addition to developing and … Continue reading Farizon Auto’s new Launch

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