Hungary will raise the maximum fine for serious environmental violations by large manufacturers to 5 billion forints (USD 16 million) under new measures to strengthen environmental oversight across industries, including EV battery manufacturing, recycling, and decommissioning. The changes come as...
Germany and Italy have long been closely linked in Europe’s aluminium extrusion trade. Italy remains a significant source of extruded aluminium for the German market, but the flow has changed considerably over the past few years. The latest numbers raise an interesting question: is Germany simply...
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UK-based EVTEC has successfully secured a £7.4 million multi-asset facility from Cynergy Business Finance (CBF) to bolster its position in the automobile aluminium parts casting sector. This funding will fortify EVTEC's recent acquisition of JVM Castings, a move aimed at expanding its service...
Chinese car parts supplier Duoli Technology and Swiss technology company Bühler Group have signed a new contract to deliver four new Carat 920 megacasting cells. The deal represents one of the largest single orders for Bühler Group's megacasting business and is a testament to the accelerating trend...
To seal a magnetic fortune, Toyota Motor Corporation is looking to transform its aluminium hot forging production lines through collaborations with READY Robotics and NVIDIA. The innovative integration of READY ForgeOS, an industrial operating system for robots, with NVIDIA Isaac Sim, a...
A vibrant symphony of progress resonates in the realm of aluminium alchemy as Nemak, the herald of lightweight die-cast mastery, plans an $18 million crescendo of expansion at its Sheboygan sanctum. A testament to innovation, the 49,500-square-foot addition, like a phoenix rising on the north side...
Austria-based company HPW Metallwerk GmbH (HPW) has officially commenced mass production for its latest line of aluminium high-performance wires, commonly referred to as aluminium busbars. These patented busbars have been specifically designed to enhance the efficiency of electric vehicles (EVs) by...
In pursuit of a more sustainable operational approach, Hydro Alunorte, has recently added ten electric vehicles to its fleet, marking a significant step in its decarbonisation strategy. Setting its sights on an ambitious target, Hydro Alunorte aspires to emerge as a beacon of eco-friendliness,...
LMG Manufacturing GmbH, a key player in the aluminium die-casting realm and an esteemed collaborator of BMW, has recently unveiled its cutting-edge production hall in Hoym/Seeland, Germany. A strategic subsidiary of JHI International BV, operating under the illustrious Dr Abhay Firodia Group of...
In Mexico City, the ABB FIA Formula E World Championship embarks on a dual race - one on the track, featuring fully electric competition, and the other off the track, symbolising Mexico's pursuit of the energy transition. Mexico’s transition to sustainable energy Mexico's dedication to advancing...
On January 12, 2024, Norwegian aluminium giant Hydro announced that 20 employees at a Swedish plant are at risk of potential job loss due to a dispute between the IF Metall labour union and electric vehicle manufacturer Tesla. In November 2023, unionised workers at Hydro Extrusions Vetlanda halted...
Volvo Cars is on a mission to reshape its sustainability strategy, unveiling ambitious targets for 2030 and 2040. The company is making strides in electrification and accentuating its commitment to biodiversity. Volvo showcases how they are steering towards a greener and more sustainable future in...
The Aluminium Stewardship Initiative (ASI) has officially declared that Chongqing Millison Technologies Inc. is now certified by the ASI Performance Standard V3 (2022). The China-based company has successfully certified its facility in the Banan District, Chongqing. SGS-CSTC Standards Technical...
Tesla, a commendable force in electric vehicles (EVs), faces a disruption in its car production at the Gruenheide factory near Berlin. The halt, from Jan. 29 to Feb. 11, stems from the Red Sea crisis, with Iranian-backed Houthi militants targeting vessels, causing a shift in transport routes. This...
Hyundai's air mobility division, Supernal, is set to launch its S-A2 electric vertical take-off and landing (eVTOL) aircraft in 2028, anticipating a surge in demand for electric aircraft in urban taxi services. The S-A2, presented at CES 2024, boasts a seating capacity for five and is powered by...
Alucast Ltd, a prominent player in the UK's aluminium die casting sector, is set to achieve a remarkable milestone, surpassing £10 million in sales following a strategic £2 million investment initiative. The infusion of funds has facilitated substantial growth, including a 20% expansion of its...
According to a London-based IOSCO-regulated Price Reporting Agency and specialist information provider for the lithium-ion battery to electric vehicle supply chain, Morocco is set to strengthen its global standing as a cathode producer, as Chinese companies plan to invest over $700 million in the...
The end-use aluminium industry, particularly the transportation sector, has made the beginning of 2024 special with new product launches or announcements of new products. On the very first day of the year, Egoras Technology, a firm specialising in sustainable transportation solutions, introduced...
Vietnamese EV Giant VinFast intends to make an initial investment of $500 million to establish a comprehensive facility in India, aiming to enter the world's third-largest automotive market. Besides establishing the manufacturing facility, the automaker aims to create an extensive dealership...
Volvo Cars has recently appointed Vanessa Butani as the Head of Global Sustainability, set to assume the position in April 2024. She will succeed Anders Kärrberg, who has been in this role since the establishment of Volvo's Global Sustainability Team in 2019. Butani, based at the company's global...
