EuropaIndustrial

EuropaIndustrial

Industrial | Advanced Manufacturing | Automotive | Automation | News & Events | Based in London, connecting European & EMEA Industrial Manufacturers

Faurecia expects record profits, targeted for 2022 with sales €20.5bn, profitability at 8% and cash generation at 4% combining growth and resilience
suppliers

Faurecia expects record profits, targeted for 2022 with sales €20.5bn, profitability at 8% and cash generation at 4% combining growth and resilience

At its Capital Markets Day held in Paris, France, on 26 November, Faurecia demonstrated the relevance of its transformation strategy, deployed at a sustained pace through acquisitions and partnerships, and detailed its 2022 financial targets. Despite the challenging market conditions, we have continued to deploy our transformation strategy for the
1 min read
Hidria developing innovative technologies for new jobs -producing stators and rotors for high-performance propulsion motors
Slovenia

Hidria developing innovative technologies for new jobs -producing stators and rotors for high-performance propulsion motors

Hidria has developed innovative technology for the production of stators and rotors for high-performance propulsion electric motors in new hybrid and electric vehicles. These engines will thus become more affordable, but will also have better efficiency, lower consumption or longer range, will consume significantly less energy and produce less harmful
1 min read
Microvast collaborates with FPT Industrial in developing battery power solutions through new gigawatt factory in Ludwigsfelde
suppliers

Microvast collaborates with FPT Industrial in developing battery power solutions through new gigawatt factory in Ludwigsfelde

US traction battery solution provider Microvast, Inc., has announced the cooperation with FPT Industrial in the development and supply of battery power systems, and has kicked off the setup of its EMEA Central Production Plant in Ludwigsfelde, Germany. Microvast has signed a Memorandum of Understanding with FPT Industrial, which foresees
1 min read