BMW and PSA Peugeot Citroen have entered into a 50:50 venture to produce components for hybrids and electric vehicles, says a story in the Financial Times.
The two companies, which will launch the new operation in the second quarter of this year, will team up on the development of battery packs, electric motors, power electronics, generators, chargers and software to run the new breed of vehicles.
The German and French carmakers said that the components would be used in their own vehicles, and will also be sold to other automakers. The joint operation will begin equipping vehicles in 2014, the newspaper said.
A quick look into the merger of two powerhouse 3D printing OEMs and the new leader in rapid prototyping solutions, Stratasys. The industrial revolution is now led by 3D printing and engineers are given the opportunity to fully maximize their design capabilities, reduce their time-to-market and functionally test prototypes cheaper, faster and easier. Bruce Bradshaw, Director of Marketing in North America, will explore the large product offering and variety of materials that will help CAD designers articulate their product design with actual, physical prototypes. This broadcast will dive deep into technical information including application specific stories from real world customers and their experiences with 3D printing. 3D Printing is