Ricardo’s TorqStor high speed flywheel energy storage technology has been selected to receive the SAE Tech Award, as one of the top five technologies to be on display at the SAE World Congress 8-10 at the COBO Center, Detroit.
Monthly Archives: April 2014
Spanish car sales rise for seventh consecutive month
New-car sales rose 10 percent in Spain in March from a year earlier, registering the seventh straight monthly increase as government subsidies boost demand, industry association Anfac said today.
Daimler considers production of Mercedes cars in Russia
Daimler is examining whether to build Mercedes-Benz cars in Russia as it seeks to expand its global production base and overtake German rivals BMW and Audi to become the world’s top-selling premium automaker.
Daimler buys out Evonik from Li-Tec and Deutsche ACCUmotive Li-ion companies
Daimler AG and Evonik Industries AG are restructuring their joint venture activities in the field of electric mobility. Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1%) and in Deutsche ACCUmotive GmbH & Co. KG (10%). This will make Daimler the sole owner of the two companies. The parties have agreed not to divulge the details of the agreement.
Ugur Sahin Design Project F based on Ferrari 458 Italia unveiled
Dutch based Ugur Sahin Design has unveiled their new Project F that is currently in a virtual concept stage.
