Spain based seamless stainless steel pipe producer Tubacex has announced that a consortium of seven companies will jointly develop a research project called HY2DEC in relation to new technologies for the production and use of green hydrogen for the decarbonization of the Spanish carbon-intensive industries such as steel industry.
With an investment of $30 million, Chinese auto parts company Xinquan launched an expansion of its factory in Aguascalientes, Mexico, where it created 600 more jobs, the state government reported.The company Xinquan Mexico Automotive Trim arrived in Aguascalientes in 2021 with an investment of $40 million and two years later, the company reported revenues of $150 million from products such as steel panels for doors, according to the press release citing Tang Zhihua, global president of Xinquan .
Movimiento clave en el sector financiero mundial para buscar una salida a la grave crisis que vive Credit Suisse. UBS está en negociaciones para salir al rescate de Credit Suisse, en una operación auspiciada de emergencia por las autoridades financieras suizas, que podría contar con ayuda pública por alrededor de 6.000 millones de dólares (5.500 millones de euros) y que busca evitar la caída de un banco de carácter sistémico.
The competence center for electric mobility at the Bochum site is set for expansion
Alignment with future customer requirements for thinner, highly silicized non-grain-oriented electrical steel with improved mechanical and magnetic properties
The investment amounts to about 150 million euros
Safeguarding Bochum as a steel location – around 70 new skilled jobs
Volkswagen Group plans to invest in mines to bring down the cost of battery cells, meet half of its own demand and sell to third-party customers, Thomas Schmall, the automaker's technology chief, said.
Have you been in a situation in which what you think you know is strongly challenged?
A few weeks ago, I was showcasing NI’s battery validation lab solutions to a diverse group of people and one of the best questions I got was spot on. Where is the novelty?
Relax in your vehicle, while traveling long or short distances, totally avoiding any sort of congestion and preventing any collisions that lead to harm for traffic participant. Autonomous mobility will bring us this amazing future. To make this a reality, you have to start from the very foundation and build purpose into your brand DNA. Jaguar Land Rover did this and continues to do so, by driving their reimagined strategy to fulfill their vison—creating the world’s most desirable luxury vehicles, the best driving experience, and of course, new digital services.
Northvolt’s mission is simple: make the world’s greenest battery. One of the most important aspects of their operation is considering the battery production as a circular process, like a loop. This “loop” goes from sourcing raw materials, through battery production, and to recycling so the active material can be reused to make new batteries (Figure 01). As an example, Northvolt aims at making 95 percent of cell material reusable after end-of-life, thus closing the loop and restarting the process.