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Mercedes-Benz unveils its revamped G-Class

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The all-new G-Class makes its public debut at the Detroit auto show in G550 form. Completely redeveloped and fitted with a 4.0-liter V8 biturbo gasoline engine offering 427ps and 450 lb-ft of torque at 2,000rpm to 4,750rpm, despite near-identical looks to its predecessor plenty has changed for the Mercedes-Benz SUV.


Ford’s F150 pickup gets its first diesel motor

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Developed by the powertrain team behind the 6.7-liter Power Stroke engine for super duty trucks, the all-new 3.0-liter V6 Power Stroke unit promises 250ps, 440 lb-ft of torque, and an anticipated 5175kg of towing capacity.


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In light of Fisker's solid-state battery breakthrough and claims of a one minute charge time, will this electric vehicle technology development kick-start mass BEV uptake? 

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Valeo and Siemens begin high-volt joint venture

Earlier this year, Valeo and Siemens signed an agreement to form a joint venture to develop high voltage powertrains for on-road vehicles. The joint venture between Valeo and Siemens starts operation immediately. The name of the new company is Valeo Siemens eAutomotive GmbH and will be managed by Louis Pourdieu (CEO) and Peter Geilen (CFO).

"I am truly delighted about the creation of this joint venture, which will enable us to provide solutions for all vehicle manufacturers, whatever their powertrain electrification needs," said Jacques Aschenbroich, chairman and CEO of Valeo.

Klaus Helmrich, member of the managing board of Siemens AG, added: "Only seven months after signing of the agreement, we are happy to announce the closing of our transaction and start of operations of our joint venture with Valeo. The new company will be a true global leader in the growing electro mobility market."

According to the agreement, Siemens and Valeo will each hold a 50% stake in the joint venture and have joint control. With this move Valeo and Siemens create a global leader for the supply of innovative and affordable high-voltage components and systems for the entire range of on road electric vehicles including hybrids, plug-in hybrids and full electric vehicles. The portfolio comprises e-motors, range extenders, onboard chargers, inverters and DC/DC converters. Valeo will contribute to the joint venture its high voltage power electronics, range extenders and charging solutions and Siemens its eCar Powertrain Systems business unit including e-motors and power electronics.

The joint venture will benefit from substantial synergies in manufacturing and sourcing and create a base for sustained growth and profitability. The electric vehicle components market is expected to grow with a compound annual growth rate of more than 20% until 2020.

6 December 2016


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