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01-06-2023 | News

Companies + Products

Author: Thomas Schneider

Published in: MTZ worldwide | Issue 6/2023

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Excerpt

The article highlights significant advancements in the automotive sector, particularly focusing on sustainable practices and strategic developments. Mercedes-Benz has inaugurated a state-of-the-art battery recycling factory in Germany, aiming to achieve a remarkable 96% recycling rate. Tenneco has welcomed a new executive vice president to lead its Powertrain business unit, bringing extensive experience from the automotive and aerospace industries. Volkswagen's subsidiary PowerCo is constructing a gigafactory in Spain to produce unified battery cells, with an initial capacity of 40 GWh and potential expansion to 60 GWh. Additionally, the article covers the appointment of a new president and CEO at Mazda and a joint venture between Renault, Geely, and Aramco for powertrain technology. These developments underscore the industry's commitment to innovation and sustainability, making the article a must-read for professionals seeking the latest insights in the automotive sector.
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Metadata
Title
Companies + Products
Author
Thomas Schneider
Publication date
01-06-2023
Publisher
Springer Fachmedien Wiesbaden
Published in
MTZ worldwide / Issue 6/2023
Electronic ISSN: 2192-9114
DOI
https://doi.org/10.1007/s38313-023-1478-8

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