Another Sign of Electrification: Production Capacity
This is a picture of a diecasting setup taken on the inside of a new €35-million, 5,000 square-meter factory extension of a factory in Neckarsulm, Germany, a facility of KS HUAYU AluTech GmbH, a company that is a 50:50 joint venture of Rheinmetall Automotive KG of Germany and HUAYU Automotive Systems, a member of China’s SAIC Group.
Gary S. Vasilash
Transportation Editor, Gardner Business Media
Pierburg Develops Multi-Use Coolant Valve
Rheinmetall Automotive AG’s Pierburg GmbH unit says it has developed a cooling valve that can be used in vehicles with a piston engine or fully electric powertrain.
Rheinmetall Snags €100 Million EV Contract in China
KS Huayu AluTech GmbH, a member of Germany’s Rheinmetall Automotive AG, says it has won a €100 million ($112 million) contract to supply electric motor housings to an unnamed German carmaker’s China operations.
Rheinmetall Targets Electrified Growth
Germany’s Rheinmetall Automotive AG (formerly KSPG) predicts that components used in electrified vehicles will grow from 40% of its sales today to more than half of the company‘s volume by 2020.