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Volvo Group to establish battery production plant in Sweden

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The Volvo Group has initiated the process to establish a large-scale production plant for battery cells in Sweden.

The company says the initiative is designed to meet “the growing demand for battery electric heavy-duty vehicles and machines”.

Martin Lundstedt, president and CEO of the Volvo Group, says: “We aim to lead the transition to a decarbonized transport system and have the long-term ambition to offer our customers solutions that are 100 percent fossil free. [Read more…] about Volvo Group to establish battery production plant in Sweden

Hyundai partners with Rolls-Royce to develop electric and hydrogen engine for new types of aircraft

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Rolls-Royce and Hyundai Motor Group are to collaborate on bringing all-electric propulsion and hydrogen fuel cell technology to the Advanced Air Mobility (AAM) market, which includes electric vertical take-off and landing (eVTOL) aircraft.

The partnership will leverage Rolls-Royce’s aviation and certification capabilities and Hyundai Motor Group’s hydrogen fuel cell technologies and industrialisation capability.

Both companies share a vision of “leading the way” in the AAM market delivering battery-electric and fuel cell electric solutions to the Urban Air Mobility (UAM) and Regional Air Mobility (RAM) markets and advancing sustainable aviation. [Read more…] about Hyundai partners with Rolls-Royce to develop electric and hydrogen engine for new types of aircraft

Denso and Honeywell to develop electric engine for Lilium Jet

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Denso and Honeywell Aerospace are co-developing an electric motor for the Lilium Jet.

This is the first product developed by Honeywell and Denso since formalizing their alliance, and it marks Denso’s entry into the aerospace market. The two companies will work with Lilium, developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, to integrate the e-motor into Lilium’s aircraft engines.

Electric aircraft are not only quiet and comfortable, but are also more sustainable as they do not emit CO2. As mobility becomes increasingly diversified, air mobility offers potential solutions to prominent transportation issues, such as traffic congestion in urban centers, CO2 emissions and transportation access in less populated areas. [Read more…] about Denso and Honeywell to develop electric engine for Lilium Jet

From battery cell production to the installation of electric motors

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Reliable processes for electromobility with automation solutions from Festo

The number of vehicles with electric powertrains is growing globally by more than 40 percent each year. At the same time, the manufacturing processes for the electrified powertrain are changing.

While the classic manufacturing process for cars with internal combustion engines was predominantly based on semi-automatic production methods, both battery cells and electric motors are increasingly produced fully automatically.

As a leading manufacturer of automation technology, Festo has the right solutions for this process along the entire value chain, from battery cell production to the assembly of electric motors. [Read more…] about From battery cell production to the installation of electric motors

Volvo Trucks opens its first battery plant in Belgium

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Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks’ full electric heavy-duty trucks.

Roger Alm, president of Volvo Trucks, says: “This investment shows our strong commitment to electrifying truck transportation. By 2030, at least 50 percent of all trucks we sell globally will be electric and by 2040, we will be a carbon-neutral company.”

In the new battery plant, cells and modules from Samsung SDI will be assembled into battery packs that are tailor-made for Volvo Trucks´ heavy-duty electric range: Volvo FH, Volvo FM and Volvo FMX. Series production starts in the third quarter of this year. [Read more…] about Volvo Trucks opens its first battery plant in Belgium

Nachi-Fujikoshi launches new ‘high-speed, high-precision’ robot series

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Japanese industrial robot giant Nachi-Fujikoshi has launched what it describes as a series of “high-speed, high-precision robots”.

The company says it developed the new robots “in response to customer demands for higher precision, further improving productivity, and miniaturizing electrical and electronic components”.

The three new robots are the MZ07F and MZ07LF with higher speed and precision MZ07. [Read more…] about Nachi-Fujikoshi launches new ‘high-speed, high-precision’ robot series

Mitsubishi Electric to build new factory in India

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Mitsubishi Electric says it will invest approximately 3.1 billion yen ($22.3 million) in its subsidiary Mitsubishi Electric India to establish a new factory in India.

Expected to start operations in December 2023, the new factory will manufacture inverters and other factory automation control system products, expanding the company’s capabilities to meet the growing demand in India.

The rapidly growing Indian market is expanding at an annual rate of about 8% mainly in industries such as automobiles, food & beverage, pharmaceuticals, data centers, and textiles, with further market expansion expected in the future. [Read more…] about Mitsubishi Electric to build new factory in India

Yaskawa completes new plant for manufacturing mounting boards and electronic units in China

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Yaskawa Electric, parent company of Yaskawa Mechatronics, one of the world’s largest industrial robot makers, has completed a new plant in Changzhou City, Jiangsu Province, in China.

The facility has already begun the mass production of mounting boards for servo amplifiers and AC drives as well as electronic units for robot control panels used in its production bases in China.

Yaskawa says that, in China, economic activities are currently “stagnant” because of Covid-19 but demand for factory automation at production sites is increasing due to labor shortages caused by the low birth rate and ageing population, rising labor costs, and the risk of coronavirus spreading. [Read more…] about Yaskawa completes new plant for manufacturing mounting boards and electronic units in China

Why should you invest in electric vehicle companies?

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“The future of the automotive industry”, “the new standard” and “there will be no other cars” are just some of the expressions that can be heard about the increasingly popular electric vehicles. All the giants of the automotive industry have already released at least a few models of electric vehicles.

Thus, there is no wonder why people invest in electric vehicle stocks. In this article, we will discuss the benefits and prospects of investing in this kind of stock. [Read more…] about Why should you invest in electric vehicle companies?

Einride unveils expanded lineup of autonomous trucks

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Swedish freight technology company Einride has unveiled additional product offerings to its hardware and software lineups including designs for an Einride Trailer and new features and functionality on the Einride Saga platform.

These build outs of the Saga UI experience via new apps and a new API (application programming interface) developer platform, in addition to presenting what is possible for the future of Einride’s hardware, further underline the company’s deepening offering of freight mobility solutions for customers.

Robert Falck, Founder and CEO of Einride, says: “By offering these latest product offerings with Saga and showcasing our latest designs for future electric freight hardware, we are able to tap into an even larger potential to help shippers transition towards electric and being able to cost competitively reach their sustainability goals. [Read more…] about Einride unveils expanded lineup of autonomous trucks