The central challenge around electrification in the automotive industry is “the challenge of transformation,” says Vaden Lillard, director of operations for ZF North America’s Gray Court, South Carolina, facility. “When is electrification coming?”

At the 32nd Annual General Meeting today, a dividend of EUR 0.70 per share was agreed for the business year 2023/24 in accordance with the proposal of the Management Board and Supervisory Board. The payment of the dividend will be made starting July 16, 2024 (ex-dividend day: July 11, 2024). The new election of the Supervisory Board was also on the agenda at the Linz Design Center. All of the shareholder representatives (currently seven) on voestalpine AG’s highest governance body were re-elected.

Scientists in Edinburgh have developed a home heating system that draws its energy from the world’s most abundant resource: water.

The equipment can use sea water, rivers, ponds and even mine water to heat radiators and water for baths and showers, using the same technology as in air source heat pumps.