Dr. Nima Mehrdadi

HELLA Middle East News: HELLA Workshop Friends Initiative! HELLA Partners with Mysyara Workshop in #Dubai to Boost Automotive Service Standards in the UAE Expanding Our Existing Partnership: HELLA and Mysyara Join Forces at a New Branch. I’m excited to announce the expansion of HELLA’s partnership with Mysyara, bringing our trusted collaboration to a new branch! This marks another step forward in delivering high-quality automotive solutions and exceptional car care to even more customers. This new branch is part of the ongoing development of our cooperation with Mysyara and represents one of the next workshops in their growing chain. By combining HELLA’s advanced products with Mysyara’s innovative services, we’re making vehicle maintenance more accessible, reliable, and customer focused. Building on the success of our existing partnership, this collaboration reflects our shared commitment to excellence and to driving innovation in automotive service standards across the UAE. Thank you to the teams and customers who make this collaboration possible. Here’s to driving innovation together! #forviahella #hella #hellaaftermarket #hellaworkshopfriends #workshop #unitedarabemirates #dubai #cooperation

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In The News: The Continental Executive Board will spin off the Automotive group sector following its detailed evaluation announced in early August. Subject to the approval of the Supervisory Board in March 2025, the spin-off will be presented for resolution to the Annual Shareholders’ Meeting of Continental AG on April 25th, 2025. The spin-off is expected to take place by the end of 2025, with preparations to be completed by the end of the third quarter of 2025. "Our continuous performance improvements form the crucial foundation for making Automotive fit for the future and ready for the capital market," said Philipp von Hirschheydt, Continental Executive Board member and head of the Automotive group sector. "We are rigorously implementing all the measures necessary to achieve this," von Hirschheydt added. As described in a recent press release, while preparing for the spin-off, Continental will continue to strengthen the independence of its Tires and ContiTech group sectors. "We have set up our group sectors as strong, self-sufficient units with clear structures," said Nikolai Setzer, CEO of Continental. "The group sectors are leading players in their product segments and markets. They have matured and are ready for greater independence." Setzer explained that the ultimate goal is to create a lean, focused holding structure by the end of 2025. "Corporate responsibility will increasingly lie where it delivers the greatest value—in the group sectors, close to markets and customers," Setzer said. "Our new structure will let us respond more flexibly to customer and market developments, enabling us to maximize our opportunities." Photo: Nikolai Setzer via Continental.

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𝐒𝐜𝐡𝐚𝐞𝐟𝐟𝐥𝐞𝐫 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐬 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐚𝐥 𝐦𝐞𝐚𝐬𝐮𝐫𝐞𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞 𝐭𝐨 𝐛𝐨𝐨𝐬𝐭 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞𝐧𝐞𝐬𝐬. As the German automotive sector transitions, Schaeffler’s realignment serves as a signal to other suppliers about the necessity of adapting to sustain relevance in a rapidly changing market. Read the article: https://lnkd.in/g5jk7jvd #AutomotiveTransformation #Schaeffler #GermanyAutoIndustry #ElectricMobility #Sustainability #Digitalization #FutureOfAutomotive #JobRestructuring

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Global sales of #BEVs still far away from justifying high #investments: Mahle Group CEO . German Tier-1 automotive supplier #MahleGroup says the future of mobility is #electric but we have a long way to go before these #technologies achieve a market position as strong as those in traditional products. . The company is seeing a “transitional renaissance” in the #ICE segment, but this cannot deny the fact that as per the current regulations in Europe, ICEs will have to be phased out by 2035. #Mahle is thus focusing more on its core products in electrification, hybridization, thermal management and sustainable ICEs, including #biofuels. . MAHLE Mahle GmbH Arnd Franz Markus Kapaun #ThermalManagement #Electrification #Hybridisation #ElectricVehicles #EVBattery #MahleSales #AutoComponents #AutomotiveSupplier Shubhangi Bhatia Read the full story here:

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| EOS Case Study - Evo Bus | Evo Bus GmbH, a subsidiary of the Daimler Group, is one of the leading manufacturers in the global omnibus segment. To continue expanding its pioneering role amidst increasing competitive pressure, Evo Bus is pursuing two strategic aims: sustainably increasing its profitability and enhancing its capacity to innovate. In particular, Evo Bus needs to address the growing challenges in the field of Customer Services & Parts (CSP) Daimler Buses views additive manufacturing as a key tool in achieving these targets. To successfully integrate industrial 3D printing within its organization, Daimler Buses decided to rely on the expertise of Additive Minds, the consulting division of EOS, right from the early project phase. The team of experts at EOS specializes in guiding customers through the various development phases of additive manufacturing. Get an access to the case study. https://zurl.co/wK5B Sangameshwar Ghattargi Dhaval Mandalia Pavan Patole Milind Deshpande #EOS #AdditiveManufacturing #3DPrinting #AdditiveMinds #DaimlerBuses #CustomerServices #Innovation #Profitability #Industrial3DPrinting #SustainableGrowth #3dengineeringservices #3dengg

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Riding towards a safer future: KTM and LEONI's collaboration on cybersecurity and functional safety 🏍   Recently, our Vehicle Cybersecurity team as well as the Functional Safety team of KTM AG and topic experts of LEONI came together at the KTM headquarter in Mattighofen. We had a collaborative meeting that promises to pave the way for a safer future. This gathering was all about exploring potential synergies and engaging in a valuable exchange of knowledge.   🤝 All of us are eager to leverage each other's strengths to enhance our safety and security processes. LEONI introduced their structured approach, emphasizing the importance of clear processes and structures, which aligns perfectly with our methodologies at KTM.   🔎 A significant part of the discussion focused on the mutual benefits of collaboration. LEONI's extensive experience as an automotive supplier can greatly support us at KTM, while our OEM expertise can help LEONI strengthen their own processes. This exchange of knowledge is a crucial step towards achieving our shared goals.   🌟 The meeting underscored the importance of collaboration, continuous improvement, and the exchange of expertise to meet the high standards required in both Functional Safety and Cybersecurity. This partnership is expected to drive innovation and efficiency, benefiting our companies in the long run.   Together, we are riding towards a safer and more secure future! 🏍🔐   #KTMinformatics #LEONI #collaboration #cybersecurity #FunctionalSafety #innovation

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BREAKING NEWS: Businesses face pressure to grow and evolve rapidly to stay competitive. But growth can be difficult, and even the most intrepid among us sometimes need an extra dose of inspiration. Businesses have to constantly live on the edge and adapt. The reality is evident in the response to new technologies or the latest customer service trends reshaping our business world. But quite often, we are resistant to change, something which comes back to bite us in the end. Without advancement, businesses can lose their competitive edge and fail to live up to customer expectations. To overcome this, your organization must never settle for the status quo, instead consistently finding new opportunities to prosper. “Everyone wants to live on top of the mountain, but all the happiness and growth occurs while you’re climbing it.”– Andy Rooney #automotive #fischer #mutares #growth #movingforward

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AUTOMOTIVE INDUSTRY: GLOBAL OEM VOLKSWAGEN AG HAS RELEASED H1 2024 RESULTS: DECLINE IN VEHICLE DELIVERIES, GROWTH IN SALES REVENUE, STRONG DECLINE IN PROFITABILITY. - 2/2: RESULTS PRESENTATION. H1 2024 Unit Deliveries: 4,347,965 vehicles or -0.6% vs H1 2023 H1 2024 Sales Revenue: EUR 158.8B or +1.6% vs H1 2023 H1 2024 Net Profit: EUR 7.341B or -13.9% vs H1 2023 Below is Volkswagen Group's H1 results presentation. We learn that EV sales have declined by -1% in H1 YOY. #vehiclesales #vehicleregistrations #trucksales #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #commercialvehicle #commercialvehicles #van #vans #stepvan #deliveryvan #electricvan #lastmile #lastmiledelivery #lastmilelogistics #fleet #fleets #roadtransportation #freighttransportation #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #H12024 #H12024results #outlook #2024outlook #vwgroup #volkswagen #traton #audi #bentley #seat #skoda #rivian #cariad

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🌟#Korea-#Germany #Automotive #Collaboration! 🚗💼 #BMWKorea #KoreanInnovation #KOTRAMunich We are thrilled to share that BMW Group has demonstrated a strong #commitment to the #Korean #automotive #industry by #purchasing 6.5 trillion KRW(approximately 4.7 billion Euros) in #highquality #components from #Korean #companies in 2022 alone. This represents a substantial 54% increase over the previous year, showcasing a dynamic partnership in the era of electric vehicles and advanced automotive technology. 🔋 With major contributions from industry leaders like #SamsungSDI, #LGGroup, and #HankookTire, Korea is firmly at the forefront of supplying essential technologies that power BMW's latest models on global roads. 🌍 As BMW plans to expand its #EV #charging #infrastructure in Korea under the '#ChargingNext' project, we see tremendous opportunities for further #collaboration and #technological #exchange that will drive #future #innovation and growth. 🤝 We KOTRA Munich are excited to host the #InterBatteryConference in #MesseMunich on #June #19, #2024. This premier event will not only spotlight the latest in battery technology but also serve as a catalyst for international collaboration. At , we are dedicated to facilitating these powerful #partnerships that not only highlight Korean excellence but also open avenues for global market expansion. Let's continue to drive success and innovation together! #BMW #ElectricVehicles #KoreanTech #GlobalPartnerships #SustainableMobility #InvestInKorea #KOTRAMunich #InterBatteryEurope #IBE2024 #MesseMunich https://lnkd.in/enthYWRs

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🧐🚗Continental considers floating its core automotive business https://lnkd.in/ezcH_2Wa 👉 Continental is considering splitting its company by listing its core automotive division, targeting a potential listing by the end of 2025, subject to a detailed review's outcome by year-end. This division, generating €20.3 billion annually and employing 100,000 people, constitutes about half of Continental's business. 👉 CEO Nikolai Setzer cited slow EV sales growth in Europe and rising demand for in-car software as reasons for needing more flexibility and entrepreneurship. Continental plans to retain its tire business and sectors serving agriculture, aerospace, and construction. Struggling with falling margins amid the transition to EVs, Continental has already laid off over 10,000 employees since 2019, with more cuts likely. Its share price, down nearly a third in the past year, dipped over 1% following the announcement. If approved, shareholders would receive proportional shares in the listed automotive unit. 

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Prof. Christian Dustmann appeared on "Börse am Abend" on Welt to discuss the structural changes in Germany's car industry driven by the transition to electric vehicles. Despite the challenges, he expressed confidence that the German automotive industry will remain successful in the long term. https://lnkd.in/dYRXTMQy

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Recap of MAHLE chargeBIG ✨ 🚀 This year the team of our MAHLE New Ventures portofolio startup MAHLE chargeBIG can look back on many successes 🏆 As a team, they have overcome major challenges, realised groundbreaking projects for their customers and expanded their partner network. Just have a look on their recap video now 🤩 We are happy to have such a dedicated team at MAHLE chargeBIG and really look forward to a successful year 2025 with all of them to boost future business 🚀 . Julia König Dr. Matthias Kreimeier Lena Borchert Tolga Sagdic #MAHLENewVentures #Weboostfuturebusiness #startup #innovation #chargingsolution #chargeBIG

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AUTOMOTIVE INDUSTRY: GLOBAL OEM VOLKSWAGEN AG HAS RELEASED Q1 2024 RESULTS: DECLINE IN UNIT SALES & SALES REVENUE, SINGIFICANTLY DETERIORATED EUR 3.710B NET PROFIT. 1/2 - FINANCIAL REPORT. Q1 2024 Vehicle Sales: 2.102M vehicles or -2% vs Q1 2023 Q1 2024 Sales Revenue: EUR 75.461B or -1% vs Q1 2023 Q1 2024 Net Profit: EUR 3.710B or -21.6% vs Q1 2023 Below is Volkswagen Group Q1 financial report with more detailed analysis and an updated outlook for 2024. #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #q12024 #q12024results #outlook #2024outlook #porsche #volkswagengroup #volkswagen #vw #audi #seat #skoda #bentley #traton

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