![Tyre News in Numbers – July 2024](https://www.tyrepress.com/wp-content/uploads/2024/07/TYRES-ACCESSORIES-JULY-24-featured.png)
Tyre News in Numbers – July 2024
Tyres & Accessories’ monthly Tyres News in Numbers’ column boils down the latest tyre industry news to the most important statistics of the month. Below, we look at the big numbers from the July 2024 magazine.
Continue Reading![Financial injection to support Ecolomondo’s TDP growth plans](https://www.tyrepress.com/wp-content/uploads/2024/07/Ecolomondo-sml.jpg)
Financial injection to support Ecolomondo’s TDP growth plans
Canadian clean technology company Ecolomondo Corporation is looking to expand and to further develop its Thermal Decomposition Process (TDP) technology, particularly within the tyre recycling sector, after raising funds through a combination of private placement and loan.
Continue Reading![Ocon, Vandoorne on track at Spa for Pirelli’s 2025 F1 tyre compound development](https://www.tyrepress.com/wp-content/uploads/2024/07/500_testpirellispa-stoffelvandorne.jpeg)
Ocon, Vandoorne on track at Spa for Pirelli’s 2025 F1 tyre compound development
Pirelli’s tyre development programme for the 2025 season is continuing with two days of testing at the Spa-Francorchamps circuit following the Belgian grand prix. The work is being carried out with the help of Aston Martin and Alpine, today running Stoffel Vandoorne and Esteban Ocon respectively.
Continue Reading![Marangoni increasing Ringtread production capacity](https://www.tyrepress.com/wp-content/uploads/2024/07/MARANGONI-Team-scaled-sml.jpg)
Marangoni increasing Ringtread production capacity
According to Marangoni, its technologies are utilised for more than 25 per cent of the pre-cure retreading carried out in Europe – and this market share is growing. In order to meet increasing demand, the retreading specialist is increasing its Ringtread production capacity with a new facility.
Continue Reading![Nexen Tire reports strong financial performance in Q2 2024](https://www.tyrepress.com/wp-content/uploads/2024/07/Nexen.png)
Nexen Tire reports strong financial performance in Q2 2024
Nexen Tire has announced revenue of KRW 763.8 billion (£427.73 million) and operating profit of KRW 62.9 billion (£35.22 million) for the second quarter of 2024. This reflects a 10.5 per cent increase in revenue and a 69.5 per cent increase in operating profit compared to the same period last year.
Continue Reading![The Tyre Collective partners with HIVED to reduce particle emissions](https://www.tyrepress.com/wp-content/uploads/2024/07/HIVED-sml.jpg)
The Tyre Collective partners with HIVED to reduce particle emissions
London-based cleantech start-up, The Tyre Collective, has announced a partnership with electric delivery company, HIVED, to advance research in capturing and reducing particle emissions from tyres. Starting in August, The Tyre Collective’s fourth-generation prototype device (TC04) will be installed on five of HIVED’s all-electric delivery vans in London.
Continue Reading![Targa Telematics consolidates UK subsidiaries under Targa Viasat UK](https://www.tyrepress.com/wp-content/uploads/2024/07/Simon-Keam-George_Country-Manager-of-Targa-Viasat-UK-scaled.jpg)
Targa Telematics consolidates UK subsidiaries under Targa Viasat UK
Connected mobility firm Targa Telematics has consolidated and rebranded its British subsidiaries under the new name, Targa Viasat UK. The new integration follows Targa Telematics’ acquisition of Viasat Connect Ltd in 2023. Viasat Connect has a 30 year history, founded as Enigma Vehicle Systems, with a long history in stolen vehicle recovery and the construction sector. The company said the integration “reinforces the group’s commitment to serving the needs of the UK market.” Targa Viasat UK will focus primarily on the British market, led by Simon Keam-George as country manager.
Continue Reading![BMW Group details production strategy for next generation of high-voltage EV batteries](https://www.tyrepress.com/wp-content/uploads/2024/07/bmw-battery-manufacturing-network.jpeg)
BMW Group details production strategy for next generation of high-voltage EV batteries
The BMW Group’s latest generation of electric vehicles will depend on the production of powerful high-voltage batteries. As a result, BMW is expanding significantly its production network for the next generation of high-voltage batteries. The company is applying the principle of “local for local” production to increase resilience. “Close connection of battery production with vehicle production is part of our strategy,” explains Markus Fallböhmer, senior vice president of Battery Production at BMW AG.
Continue Reading![AkzoNobel introduces new powder coatings technology for EV batteries](https://www.tyrepress.com/wp-content/uploads/2024/07/AkzoNobel-ev-battery-coating-scaled.jpg)
AkzoNobel introduces new powder coatings technology for EV batteries
A new powder coatings technology providing improved electrical protection for electric vehicle (EV) battery systems has been developed by AkzoNobel’s Resicoat brand. The company says there is growing demand in the EV market for coatings with a high dielectric strength to help increase the safety of battery systems. The company’s solution allows customers to reach the required film thickness with a single spray, also boosting efficiency and productivity. Available in China, the new technology is suitable for battery system parts such as cooling plates, side plates and battery covers (enclosures).
Continue Reading![Financial Conduct Authority delays motor finance complaints investigation](https://www.tyrepress.com/wp-content/uploads/2016/10/NFDA-Logo.jpg)
Financial Conduct Authority delays motor finance complaints investigation
The Financial Conduct Authority (FCA) will set out next steps into its review of discretionary commission arrangements (DCAs) in May 2025, rather than in September 2024 as initially set out. A pause on complaint handling in relation to DCAs will also be extended until 4 December 2025. The FCA said it would set out its proposed next steps sooner, if possible.
Continue Reading![BM Catalysts to exhibit at Automechanika Frankfurt 2024](https://www.tyrepress.com/wp-content/uploads/2024/07/BM-Cats-AMF-scaled.jpg)
BM Catalysts to exhibit at Automechanika Frankfurt 2024
Leading aftermarket emissions products supplier BM Catalysts will exhibit at Automechanika Frankfurt (10-14 September, Hall 3.0, Stand E30 at Messe Frankfurt), supporting a period of European growth. The company said it will highlight its latest range addition, Gasoline Particulate Filters (GPFs), reflecting the company’s dedication to enhancing its offering to meet changing market demands.
Continue Reading![Klarius offers new parts for Mercedes C-Class](https://www.tyrepress.com/wp-content/uploads/2024/07/KLR-0090-NTR-Image-1-scaled.jpg)
Klarius offers new parts for Mercedes C-Class
Klarius has added 33 new emission control components, including a new aftermarket catalytic converter and several more options for the Mercedes C-Class. The 1993 launched C-Class provided an entry-level version of the luxurious S-Class, popular enough to entre its fifth generation 30 years later. The fourth generation (W205) was launched in 2014 at the North American International Auto Show with bold new styling, four different body types and a new, lighter design that used aluminium and high strength throughout the body. On the market until 2021, the fourth generation C-Class also had an update in 2019, which altered parts including the exhaust components.
Continue Reading![Soft September – Pirelli confirms Formula 1 compounds for Monza, Baku and Singapore](https://www.tyrepress.com/wp-content/uploads/2024/07/nominations-it24-en-scaled.jpg)
Soft September – Pirelli confirms Formula 1 compounds for Monza, Baku and Singapore
Pirelli will bring its three softest compound Formula 1 P Zero tyres to the grands prix scheduled for September; Italy (1 September). Azerbaijan (15 September), and Singapore (22 September). The C3 will be the P Zero White hard, the C4 P Zero Yellow medium and C5 P Zero Red soft. These tyres are the same as those supplied in 2023.
Continue Reading![Conti boosts recycled content in its tyres with 10-year Pyrum carbon black purchase agreement](https://www.tyrepress.com/wp-content/uploads/2024/07/infographics_pyrolysisprocess_en-scaled.jpg)
Conti boosts recycled content in its tyres with 10-year Pyrum carbon black purchase agreement
Continental is planning to boost the recycled content in its tyres after it signed a new decade-long purchase agreement with Pyrum Innovations. Pyrum specialises in thermolysis technology in end-of-life tyres (ELT), generating high-quality recovered carbon black (rCB). Conti said it signed the new supply deal to fulfil its intention to use rCB in the series production of passenger car tyres in the future. Conti had already signed a development agreement with Pyrum Innovations in 2022, after which the companies shared the goal of optimising and expanding ELT recycling with pyrolysis.
Continue Reading![Goodyear appoints Mamatha Chamarthi chief digital officer, Will Roland chief marketing officer](https://www.tyrepress.com/wp-content/uploads/2024/07/Mamatha_Chamarthi-e1722384533682.jpg)
Goodyear appoints Mamatha Chamarthi chief digital officer, Will Roland chief marketing officer
The Goodyear Tire & Rubber Company has appointed Mamatha Chamarthi senior vice president and chief digital officer. It also appointed Will Roland senior vice president and chief marketing officer. Both will report to chief executive officer and president Mark Stewart, from 1 August.
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