News

DSV is going to create a global logistics giant with Schenker takeover. Danish transport and logistics company DSV has announced its largest purchase to date, finalizing an agreement to acquire Schenker from Deutsche Bahn.

The purchase aims to improve DSV’s global network, knowledge, and competitiveness, benefiting workers, customers, and investors. The deal is valued at €14.3 billion ($15.8 billion).

Unveiled on World EV Day, this all-electric speedster celebrates NISMO's grand return to Europe, promising an exhilarating blend of power and sustainability. World EV Day is a global celebration of the shift towards sustainable transportation, and Nissan’s new model is a testament to their commitment to that shift. By launching a performance-oriented electric vehicle on this day, Nissan is sending a strong message: electric vehicles can be both sustainable and thrilling to drive.

With its road hazard service, Bosch provides drivers with real-time information about potential hazards en route, thereby considerably reducing the risk of accidents. Since June 2024, the Bosch road hazard service has been in use millions of times over in Europe in the car fleet of a leading German automaker. Now Bosch is bringing the service to the commercial vehicle segment: starting in December 2024, it will also be available in vehicles from Mercedes-Benz Trucks. 

Volvo will launch a new electric crossover called the EX60, with a debut planned for 2026. Volvo has plans to launch a new electric compact crossover called the EX60, which will slot into the lineup alongside the internal-combustion XC60. The news came at a September 5 Volvo event in Gothenburg, Sweden, a day after the automaker showed the facelifted XC90 SUV and walked back previous ambitions for an EV-only lineup by 2030.

Toyota and BMW are jointly developing a third-generation fuel cell system and working on infrastructure development co-creation, aiming to expand the lineup of fuel cell passenger cars.

Toyota Motor Corporation and the BMW Group signed an agreement to strengthen collaboration in the hydrogen sector, with a view to creating a hydrogen society and achieving overall carbon neutrality. Both companies will work together on the development of fuel cells system and the improvement of infrastructure.

Energy prices contracted 3.2% in August, led by crude oil (-6.2%) and natural gas U.S. (-4.1%). Non-energy prices eased by 1.9%.

Metal prices dropped by 3.1%, led by iron ore (-6.5%), lead (-5.3%), and copper (-4.4%). Precious metals rose by 1.8%.

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Volkswagen has partnered with German start-up Revoltech GmbH to explore and develop a material made from industrial hemp for use in automotive interiors. This collaboration aims to create a 100% bio-based leather alternative that is both sustainable and practical, with the potential to be integrated into Volkswagen models from 2028. 

COVAL SAS, a France-based manufacturer of vacuum systems and components, has announced the second generation of its CVGC carbon vacuum gripper. The gripper is designed for collaborative robots.

The upgraded gripper is aimed at enhancing modularity, compatibility and performance, with the development following extensive feedback from customers and industry stakeholders.

Waymo has revealed its new sixth-generation robotaxi with a sensor suite “optimised for greater performance at a significantly reduced cost, without compromising safety”. The robotaxi company Waymo says it wants its vehicles to drive around US cities with fewer cameras and radar sensors in future.

The next generation of vehicles and software will only need 13 cameras instead of the previous 29.

BYD's Fangchengbao brand will be the first to use Huawei's Qiankun intelligent driving system. Chinese electric vehicle (EV) giant BYD has signed an agreement with Huawei to use the Chinese tech conglomerate's advanced autonomous driving system in its off-road Fangchengbao EVs. The Bao 8 SUV under the Fangchengbao lineup will be the first BYD model to sport Huawei's Qiankun intelligent driving system and go on sale later this year.

Uber and BYD announced a multi-year strategic partnership designed to bring 100,000 new BYD electric vehicles onto the Uber platform across key global markets. By working together, the companies aim to bring down the total cost of EV ownership for Uber drivers, accelerating the uptake of EVs on the Uber platform globally, and introducing millions of riders to greener rides.

Porsche and Varta AG are set to deepen their strategic partnership with plans for Porsche to acquire a majority stake in V4Drive Battery GmbH, a subsidiary of Varta focused on large-format lithium-ion round cells. The move includes Porsche’s involvement in the financial reorganization of Varta AG, ensuring the continued development of high-performance battery technology in Germany.

Rolls-Royce unveiled an extremely exclusive Scintilla Private Collection edition of its ultraluxury Phantom sedan at the 2024 edition of Monterey Car Week. A two-tone paint job, bespoke artwork on the dashboard, and door panels and seats with intricate embroidery celebrate the luxury car's grace.

It is limited to only 10 units, all of which are spoken for already.

Vitesco Technologies selected Infineon’s CoolGaN™ Transistors to improve the power efficiency of its Gen5+ GaN Air DCDC converters. The CoolGaN™ Transistors 650 V manufactured by Infineon Technologies AG greatly enhance the overall performance of the system, while simultaneously reducing system cost and improving user-friendliness. Vitesco has developed a new generation of DCDC converters that have achieved exceptional power density (with an efficiency rating of over 96 percent) and have set new benchmarks for sustainability in power grids, power supply, and OBCs.