Author: Central Desk

Germany’s automotive sector, a pillar of the nation’s economy, faces a profound upheaval, triggering extensive job cuts and a significant reconfiguration. Long heralded as the backbone of German industry, the sector now contends with the challenges of transitioning to electric vehicles (EVs) while grappling with intense global competition, particularly from Chinese manufacturers. Economic Pressures and the Electric Shift The transition to electric vehicles, essential for achieving climate goals, has presented a formidable challenge. Major corporations like Volkswagen, Audi, and Daimler Truck are using this shift to aggressively reduce costs, often at the expense of their workforce. The industry’s strategic decisions…

VinFast Auto, the burgeoning global electric vehicle (EV) manufacturer, has forged an exclusive dealership pact with Qatar’s Al Mana Holding W.L.L., signaling a strategic thrust into the Middle Eastern market. Anticipated to commence in Q3 2024, the inaugural VinFast showroom will grace the heart of Doha. This facility promises a showcase of VinFast’s premium e-SUV lineup: the VF 6, VF 7, VF 8, and VF 9. The move aligns with Qatar’s burgeoning appetite for sustainable transportation solutions. Transitioning from a direct-to-consumer sales paradigm, VinFast now embraces a hybrid model, capitalizing on established dealership infrastructures. Al Mana Holding, a stalwart in…

Exicom Tele-systems, India’s premier electric vehicle (EV) charger manufacturer, has taken a decisive step to bolster its global influence by acquiring Tritium, a globally recognized leader in DC Fast Chargers. This acquisition marks a pivotal moment in the rapidly expanding EV market. Exicom’s subsidiary, Exicom Power Solutions B.V. Netherlands, alongside other step-down subsidiaries, secured a definitive agreement to acquire the business and assets of the Australia-based Tritium group of companies. Since its inception in 2001, Tritium has sold over 13,000 DC Fast Chargers across 47 countries. Renowned for pioneering liquid-cooled DC Fast Chargers, Tritium’s products offer both aesthetic finesse and…

Global efforts to tackle climate change are fueling a sharp rise in demand for power semiconductors. Infineon Technologies AG has responded by opening the first phase of a state-of-the-art fab in Malaysia, destined to be the world’s largest and most advanced 200-millimeter silicon carbide (SiC) power semiconductor facility. The inauguration saw Malaysian Prime Minister YAB Dato’ Seri Anwar Ibrahim, Kedah Chief Minister YAB Dato’ Seri Haji Muhammad Sanusi Haji Mohd Nor, and Infineon CEO Jochen Hanebeck mark the commencement of production. The new SiC power fab is a milestone for Infineon, reinforcing its dominance in the semiconductor market. With an…

A groundbreaking software upgrade has led to a significant reduction in theft rates for Hyundai and Kia vehicles. Research from the Highway Loss Data Institute (HLDI) reveals that this enhancement, rolled out in early 2023, has halved theft incidents for eligible models. This advanced software ensures vehicles only start if the owner’s key or an identical duplicate is present in the ignition, coupled with a deterrent window sticker. The surge in thefts began during the COVID-19 pandemic, spurred by viral social media instructional videos. The software’s introduction resulted in a 53% drop in theft claims for upgraded vehicles and a…

Ford Pro has launched the 2025 Ford Police Interceptor Utility (PIU), equipped with the popular hybrid powertrain option, now shipping to police agencies across the United States. Recognized as America’s leading police vehicle, the 2025 PIU elevates standards in pursuit-rated law enforcement vehicles with state-of-the-art technology and advanced safety features. The hybrid powertrain, a key highlight of the 2025 PIU, enhances performance while drastically reducing fuel consumption. This system powers onboard equipment when the gas engine is off, saving up to 838 gallons of fuel annually. This efficiency translates to approximately $17,500 in savings over six years, assuming gas prices…

Nissan’s latest innovation aims to redefine vehicle efficiency and sustainability with a revolutionary automotive paint designed to lower cabin temperatures and cut energy consumption. This paint technology aligns with Nissan’s vision of enhancing journeys and fostering a sustainable society. Developed with Radi-Cool, a leader in radiative cooling, this paint integrates metamaterial—synthetic composites exhibiting unique properties. These materials feature two microstructure particles that reflect near-infrared rays and generate electromagnetic waves, significantly curbing heat transfer to the vehicle’s surface. A 12-month feasibility trial began in November 2023 at Tokyo International Air Terminal, Haneda. Partners include Japan Airport Terminal. Radi-Cool Japan, and All…

BMW Group has successfully tested humanoid robots in their production line for the first time. The trial, which lasted several weeks at the BMW Group Plant Spartanburg, featured Figure 02, the latest humanoid robot from California-based company Figure. The robot demonstrated remarkable dexterity by inserting sheet metal parts into specific fixtures, which were subsequently assembled into chassis components. This development marks a significant step towards integrating advanced robotics into automobile manufacturing. By automating challenging and tiring tasks, the use of humanoid robots like Figure 02 aims to enhance both efficiency and worker safety. Milan Nedeljković, Member of the Board of…

Bipartisan cooperation emerged as the U.S. Senate Budget Committee gathered on Wednesday to chart a course for strengthening the U.S. electric vehicle market. Led by Democratic Senator Sheldon Whitehouse and Republican Senator Lindsey Graham, the session highlighted the pressing need to elevate the nation’s standing in the global EV sector. Democratic Chairman Whitehouse underscored the explosive growth of the global EV market, noting that electric vehicles accounted for 20% of global sales in 2023. “We want to be a part of that action,” Whitehouse asserted, stressing the strategic importance of securing a competitive position. Senator Graham, representing South Carolina, emphasized…

Continental AG is assessing a strategic plan to separate its Automotive group sector into an independent entity, following a thorough review by its Executive Board. This initiative aims to fully realize the potential of Continental’s varied business segments amidst rapidly changing automotive markets. Evaluation and Timeline The Executive Board will reach a final decision on the spin-off by Q4 2024. Pending approval from both the Executive and Supervisory Boards, the proposal will be presented at the Annual Shareholders’ Meeting on April 25, 2025. With shareholder consent, the spin-off is projected for completion by the end of 2025. Preparations are currently…