Bosch Power Tools has announced a 130-million-dollar expansion of its production facility in Lincolnton, North Carolina, for the manufacture of power tool accessories. The expansion is expected to create 400 new jobs over the next five years. The project will be supported by the Job Development Investment Grant and North Carolina’s Customized Training Program. The […]

German company ZF-Division Commercial Vehicle Solutions has started series production of its “CeTrax lite” electric central drive in Friedrichshafen. The drive was developed for light commercial vehicles in global zero-emission urban and intercity transportation. The first customer to use the drive is Japanese truck manufacturer ISUZU. “CeTrax lite” is intended to enable manufacturers of commercial

ercedes-Benz is planning to double its production capacity for electric drives at the Untertürkheim site. Originally, up to 500,000 units per year were to be manufactured there. Now the company is aiming for annual production of up to one million units. Daimler has officially confirmed the expansion and signed a works agreement between the works

The Renault plant in Cléon, France, has opened a new production line for electric motors. Through an investment of 620 million euros since 2018, the Cléon site had been developed by the Renault Group as a center for the production of electric and hybrid motors. By 2024, the plant is expected to have an annual

Starting in 2025, BMW plans to produce the next generation of electric drives at its Steyr site in Austria. According to the car manufacturer, it is investing around one billion euros to equip BMW’s largest motor plant for the production and development of electric drives by 2030. The plant in Steyr produces engines for around