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Nokia reaches 100 5G deals and 160 commercial 5G engagementsOctober 5, 2020

Nokia reaches 100 5G deals and 160 commercial 5G engagements

Nokia announced that it has signed 17 new 5G commercial deals since Q2 earnings announcement. With these wins, the company now has 100 commercial 5G deals with individual customers and a total of 160 commercial 5G engagements, including paid trials.
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Audi inspires international pioneers at the Bits & Pretzels eventOctober 4, 2020

Audi inspires international pioneers at the Bits & Pretzels event

Under the motto “Let’s talk about progress” Audi invited experts from all over the world to take the virtual stage at the Bits & Pretzels event. In order to be an active partner providing added value to the start-up community, Audi and its guests...
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Ericsson accelerates 5G for Enterprise with acquisition of CradlepointOctober 3, 2020

Ericsson accelerates 5G for Enterprise with acquisition of Cradlepoint

Ericsson has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise...
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Volvo Cars starts production of fully electric XC40 RechargeOctober 3, 2020

Volvo Cars starts production of fully electric XC40 Recharge

The XC40 Recharge is the first of several fully electric Volvos to come and today’s production start represents a significant step towards Volvo Cars’ ambition to reduce its CO2 footprint per car by 40 per cent by 2025. That same year, it expects...
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Continental AG: Supervisory board approves reorganization planOctober 2, 2020

Continental AG: Supervisory board approves reorganization plan

In its meeting, the Supervisory Board of Continental AG approved the structural measures at the German locations Aachen, Karben and Regensburg as well as the termination of the joint venture with Osram. As things stand, all of the comparable...
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BASF closes divestiture of its Construction Chemicals businessOctober 2, 2020

BASF closes divestiture of its Construction Chemicals business

On September 30, 2020, effective at midnight, BASF closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm. The purchase price on a cash and debt-free basis is €3.17 billion. The...
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Subaru Selects Veoneer to Manufacture New Generation EyeSightOctober 1, 2020

Subaru Selects Veoneer to Manufacture New Generation EyeSight

The automotive technology company Veoneer, Inc., has partnered with Subaru to introduce the new generation EyeSight on the all-new Subaru Levorg. Veoneer will begin producing systems for the Japan market starting later this year.
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Nokia selected as nationwide supplier of 5G RAN by Elisa FinlandSeptember 30, 2020

Nokia selected as nationwide supplier of 5G RAN by Elisa Finland

Nokia today announced that it has been selected by leading Finnish mobile operator Elisa as the nationwide supplier of 5G RAN. Nokia, which will provide its AirScale 5G RAN portfolio, will deliver enhanced ultra-fast, low-latency mobile broadband...
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Bayer to accelerate transformation to address challenging market environment and enable additional growth investmentsSeptember 30, 2020

Bayer to accelerate transformation to address challenging market environment and enable additional growth investments

Bayer AG announced today that the company confirms its adjusted outlook for 2020 and expects 2021 sales at approximately 2020 levels despite significant headwinds from the COVID-19 pandemic, especially in the agricultural market. Core earnings...
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Drive up to 78 km on electric power: The New Audi A3 Sportback 40 TFSI eSeptember 29, 2020

Drive up to 78 km on electric power: The New Audi A3 Sportback 40 TFSI e

Up to 78 kilometers (48.5 mi) of electric range (NEDC) and 150 kW (204 PS) of system output: Audi presents the A3 Sportback 40 TFSI e. The compact plug-in hybrid is locally emissions-free, offers sporty driving performance with high efficiency,...
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Volkswagen and Uber launch pilot project with electric vehicles in BerlinSeptember 28, 2020

Volkswagen and Uber launch pilot project with electric vehicles in Berlin

Volkswagen together with the intermediation platform Uber, launched a pilot project for the utilization of electric vehicles within the sustainable ride hailing service “Uber Green”. Within the framework of a virtual event, Uber hire car partners...
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Philips expands peripheral vascular disease portfolio with the QuickClear mechanical thrombectomy system for blood clot removalSeptember 27, 2020

Philips expands peripheral vascular disease portfolio with the QuickClear mechanical thrombectomy system for blood clot removal

Royal Philips, a global leader in health technology, announced the launch of the innovative QuickClear mechanical thrombectomy system. The compact, single-use system provides an all-in-one aspiration pump and catheter for the removal of blood...
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Henkel and Keystone collaborate for 3D printing solutions in the dental industrySeptember 20, 2020

Henkel and Keystone collaborate for 3D printing solutions in the dental industry

Henkel and Keystone Industries (Keystone) have announced a collaboration between the companies for additive manufacturing solutions in the dental industry. The collaboration will enable Henkel to add dental applications to its 3D printing...
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SOTIO Acquires Rights to BOXR CAR-T Platform and Products from Unum TherapeuticsSeptember 18, 2020

SOTIO Acquires Rights to BOXR CAR-T Platform and Products from Unum Therapeutics

SOTIO, a clinical stage immuno-oncology company owned by PPF Group, today announced that it has acquired the rights to Unum Therapeutics’ (Nasdaq: UMRX) BOXR cell therapy platform and BOXR lead programs to develop novel T cell therapies for the...
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Volkswagen steps up electric offensive: Series production of ID.4 begins in ZwickauAugust 21, 2020

Volkswagen steps up electric offensive: Series production of ID.4 begins in Zwickau

Volkswagen’s electric offensive continues to gather speed: Series production of the brand’s first all-electric SUV, the ID.4, gets underway in Zwickau. The world premiere of the ID.4 follows at the end of September. Volkswagen is thus...
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Bayer announces resolution of U.S. Essure™ claimsAugust 20, 2020

Bayer announces resolution of U.S. Essure™ claims

Bayer announced today that it has reached agreements with plaintiff law firms to resolve approximately 90% of the nearly 39,000 total filed and unfiled U.S. Essure™ claims involving women who allege device-related injuries. The settlements...
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SEAT transforms its Prototype Development Centre and commits to 3D printingAugust 20, 2020

SEAT transforms its Prototype Development Centre and commits to 3D printing

In its commitment to constant innovation, SEAT has recently transformed its Prototype Development Centre (PDC) located in the heart of the SEAT plant in Martorell. The company has completed a new 3,000 m2 building in Workshop 3, unifying all...
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Nokia and StarHub conduct first live 5G non-standalone network trial in SingaporeAugust 20, 2020

Nokia and StarHub conduct first live 5G non-standalone network trial in Singapore

Nokia and Singapore-based operator StarHub are conducting South East Asia’s first live 5G non-standalone (NSA) network trial across Singapore, running until 16 February 2021. With StarHub as the first and early adopter of 5G services in...
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Enter Air to Purchase up to Four Boeing 737-8 JetsAugust 19, 2020

Enter Air to Purchase up to Four Boeing 737-8 Jets

Boeing and Enter Air today announced the Polish airline is expanding its commitment to the 737 family with a new order for two 737-8 airplanes plus options for two more jets.
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BASF Venture Capital invests in leading industrial artificial intelligence company IntelliSense.ioAugust 17, 2020

BASF Venture Capital invests in leading industrial artificial intelligence company IntelliSense.io

IntelliSense.io and BASF Venture Capital (BVC) today announced that BVC is leading a strategic investment round in IntelliSense.io with follow-on participation from a group of U.K.-based technology angel investors including Dr. Steve Garnett and...
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Volkswagen strengthens Bochum software locationJuly 11, 2020

Volkswagen strengthens Bochum software location

Die Volkswagen Infotainment GmbH is planning a new development center at the Bochum technology campus Mark 51°7. The subsidiary of Volkswagen AG specializing in software development and vehicle connectivity intends to group its specialists...
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BASF Group: operating result in the second quarter of 2020 above market expectationsJuly 10, 2020

BASF Group: operating result in the second quarter of 2020 above market expectations

BASF has released preliminary figures on business development in the second quarter of 2020. Sales declined by 12.4 percent in the second quarter of 2020 to €12,680 million (Q2 2019: €14,478 million). EBIT before special items, which reflects the...
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Meet Mercedes DIGITAL #5July 10, 2020

Meet Mercedes DIGITAL #5

Episode five of the Meet Mercedes DIGITAL news format gets to the bottom of the preconceptions about plug-in-hybrid technology. Torsten Eder, Chief Engineer Mercedes-Benz Drivetrains, and Christina Currle-Hamel, Head of Mercedes-Benz Product...
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Volvo Cars Tech Fund invests in blockchain technology firm CirculorJuly 9, 2020

Volvo Cars Tech Fund invests in blockchain technology firm Circulor

Volvo Cars has made an investment in blockchain technology firm Circulor through the Volvo Cars Tech Fund, the company’s venture capital investment arm.
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A production facility that has become part of the family - Happy Birthday, Salzgitter!July 7, 2020

A production facility that has become part of the family - Happy Birthday, Salzgitter!

When the Volkswagen plant in Salzgitter went into operation half a century ago, Georg Schoske was already an old hand at the company. “I had been manufacturing the Beetle in Wolfsburg since 1962. It was fun. But when Salzgitter opened, you didn’t...
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