November 3, 2020Following the approval of the European Commission, the transaction has been completed by which MVM Zrt. has acquired 100 percent ownership of innogy Česká republika a.s. The energy company, now belonging to the MVM Group, supplies more than 1.6...
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October 5, 2020Nokia 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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October 4, 2020Under 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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October 3, 2020Ericsson 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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October 3, 2020The 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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October 2, 2020In 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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October 2, 2020On 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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October 1, 2020The 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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September 30, 2020Bayer 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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September 30, 2020Nokia 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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September 29, 2020Up 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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September 28, 2020Volkswagen 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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September 27, 2020Royal 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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September 20, 2020Henkel 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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September 18, 2020SOTIO, 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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August 21, 2020Volkswagen’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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August 20, 2020Bayer 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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August 20, 2020In 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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August 20, 2020Nokia 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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August 19, 2020Boeing 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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August 17, 2020IntelliSense.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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July 11, 2020Die 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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July 10, 2020BASF 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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July 10, 2020Episode 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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July 9, 2020Volvo 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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