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Bosch Mobility announces hydrogen engine, automated EV charging at CES

Bosch Mobility announces hydrogen engine, automated EV charging at CES
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Mahle s EV motor eliminates need for magnets | Automotive News Europe

German supplier Mahle says it's developed the "perfect motor" for electric vehicles that can operate at high power and maximum efficiency without the need for magnets and the rare earth elements needed for them.

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BorgWarner reports Q2 revenue rises amid spinoff, acquisitions

Auto supplier BorgWarner Inc. saw strong second-quarter growth in revenue and a small dip in earnings amid the completion of its aftermarket spinoff. The Auburn Hills-based maker of powertrains and turbochargers said net earnings fell 5.5% to $204 million, but operating income surged 40% to $383…

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Magna Q1 earnings: Net income drops 43%, but outlook rises | Crain s Detroit Business

First-quarter net income at Magna International Inc., North America's largest auto supplier, fell 43 percent from a year earlier to $209 million as inflationary pressures took a bite out of the company's bottom line. The supplier said higher labor, energy and engineering costs cut into its…

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Magna to build autonomous delivery robots in Troy | Crain s Detroit Business

Magna International Inc. is building a fleet of cooler-size robots for Cartken, an autonomous delivery technology startup. Although Cartken announced the contract Wednesday, Magna started building the robots last month. It made an initial order of 50 Cartken Model C robots at its plant in…

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