July 19, 2021On 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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July 18, 2021The 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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July 17, 2021The 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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July 14, 2021Under 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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July 12, 2021Bayer 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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July 9, 2021Nokia 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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July 6, 2021SOTIO, 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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July 1, 2021IntelliSense.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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June 30, 2021Boeing 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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June 28, 2021Nokia 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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June 25, 2021In 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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June 23, 2021Volkswagen’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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June 21, 2021Bayer 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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June 19, 2021The automotive technology company, Veoneer, Inc., has finalized the split of Zenuity, its software and ADAS joint venture with Volvo Cars. As part of the split, Veoneer received IP licenses and strengthened its software and systems team with...
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June 10, 2021Volvo 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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June 9, 2021Drivers of fully electric Volvo Recharge models in Europe will soon have easy access to over 200,000 charging points, as the company has selected charging firm Plugsurfing as its partner of choice, enabling seamless long-distance travel across...
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June 8, 2021The last model with a combustion engine left the assembly line today at the Zwickau car factory. The seventh generation Golf R Estate with 2.0-litre petrol engine in Oryx White Pearl Effect was produced for a customer in Germany. From today on,...
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June 7, 2021Die 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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June 5, 2021When 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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June 4, 2021The Volkswagen Tiguan is Europe’s most successful Sports Utility Vehicle and one of the top-selling SUVs in the world. More than six million units have been produced to date. In 2019, the Tiguan was again the most popular model of the brand and...
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June 3, 2021Episode 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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June 1, 2021BASF 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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February 5, 2021news/2020-06-07-volvo-car-chengdu-car-plant-powered-by-100-per-cent-renewable-electricity
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February 3, 2021For a quarter-century now, the name Sprinter has been synonymous with an entire class of vehicles. With the highlights of the current generation and the eSprinter, Mercedes-Benz Vans has once again set standards for urban delivery traffic. To...
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February 2, 2021To follow the successful pre-booking for the New 500 “la Prima” convertible – numbered edition – presented this March in Milan and now no longer available, the New 500 line-up is expanding, with the second “Launch Edition”: the New 500 “la Prima”...
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