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Siemens AG has signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst. The business, which employs around 650 people, includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems. These systems are used in free-range driverless transport systems. The planned acquisition will complement the Siemens Xcelerator portfolio and strengthen Siemens’ position as a leading solutions provider for flexible production automation.
As the world transitions towards sustainable energy solutions, the demand for electric vehicles (EVs) is rapidly growing. This shift not only highlights the importance of reducing carbon emissions but also underscores the critical role of mining in supporting the infrastructure needed for this green revolution. From lithium-ion batteries to rare earth metals, mining plays a pivotal role in powering the future of transportation. The intricate relationship between mining and EV infrastructure highlights challenges, opportunities, and the path forward.
Schaeffler announces the expansion of its operations in the U.S. with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions. This announcement represents the company’s commitment to innovation and growth in the Americas region.