Tag Archives: headquartered

BMW

BMW Group and Rimac Technology agree long-term partnership.

Munich / Zagreb. The BMW Group and Rimac Technology, headquartered close to Zagreb, Croatia, formally introduced a long-term partnership.

The purpose of the collaboration is to co-develop and co-produce modern options within the area of high-voltage battery expertise for chosen battery-electric automobiles.

The respective strengths and experience of the 2 firms complement one another in a productive means. The BMW Group’s electrification technique is aimed toward constructing additional on its main place within the premium electrical mobility sector. Even earlier than we attain 2030, battery-electric automobiles will account for over half of world car gross sales. The BMW Group brings battery and electrical drive system experience amassed over greater than 15 years to the partnership.

As an integral a part of the Rimac Group, Rimac Technology stands out as a Tier 1 provider specializing in electrification within the automotive sector. Its portfolio consists of high-voltage battery packs, e-axles, in addition to electronics and software program options. Rimac Technology merchandise are designed, engineered and produced in-house to supply superior expertise with a excessive diploma of customization. The long-term partnership with the BMW Group is an indication of the Rimac Technology transition from area of interest high-performance options provider to high-volume Tier 1 provider. With the relentless progress of the enterprise, together with the opening of the Rimac Campus, Rimac Technology is able to ship initiatives on the highest automotive requirements.

The two companions will launch extra particulars about what type the strategic tie-up will take, in addition to its scope and content material, at a later stage.

Separately from the brand new strategic cooperation, the BMW Group is getting ready the debut of the sixth technology of BMW eDrive expertise, which is able to convey one other vital leap ahead in all customer-relevant attributes, corresponding to vary and charging time.

Technology

These 5 Brands Still Make Tools In The USA

The history of the Milwaukee Tools begins, in fact, in Milwaukee, Wisconsin, the place it’s at present headquartered. The firm has grown considerably since its founding within the Nineteen Twenties, making a variety of energy instruments, hand instruments, storage merchandise, and extra. Milwaukee instruments normally sport the model’s signature hearth engine crimson coloring and will be discovered all over the world, with its top-rated tools sold by Home Depot and different main retailers. 

Since it is such a big company, it should not be stunning that it has a number of abroad manufacturing services, together with China, Vietnam, Taiwan, Germany, and Mexico. Many of the facility instruments Milwaukee sells within the U.S., which incorporate brushless motors, lithium batteries, and different sophisticated parts, are made in these nations. For instance, all the facility instruments that make-up Milwaukee’s in style M18 and M12 traces are made in China.

However, Milwaukee nonetheless has factories on American soil that make its merchandise. Two such factories will be discovered within the firm’s dwelling state of Wisconsin — one in Mukwonago and one in West Bend, specializing in instruments for plumbers, electricians, utility linemen, and different mechanical trades. Two different factories will be present in Mississippi, in Jackson and Greenwood. Milwaukee employed round 7,600 individuals in 2021 and is in the midst of increasing its home footprint, constructing new services within the U.S., together with one lately constructed in Cookeville, Tennessee. The firm can also be increasing what it makes in its present crops and lately launched a brand new line of hand instruments, together with pliers and screwdrivers manufactured in its West Bend facility.

Motorsport

Suzuki Achieves 80 Million Global Sales Since 1955

Suzuki, a multinational automobile and motorcycle manufacturer based in Shizuoka, Japan, has reached an impressive milestone by selling a total of 80 million vehicles worldwide as of August 2023. The company operates 15 production facilities in 10 countries, producing cars, bikes, outboard marine engines, and other products. Suzuki’s vehicles are sold in 184 countries. Out of the 80 million cars sold, 36 percent were in Japan, 10 percent in Europe, 13.5 percent in Asia, 32.6 percent in India, and 7.8 percent in the rest of the world.

Suzuki began its journey towards 80 million sales with the launch of Japan’s first mass-production mini-vehicle, the Suzulight, in October 1955. The company expanded its presence in the global automobile market by introducing the Fronte 800 in 1965, a compact vehicle.