Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Hungry

Siemens, BME wind up HUF 281 mln R&D project

byCustoms Today Report
24/07/2015
in Hungry, International Customs
Share on FacebookShare on Twitter

BUDAPEST: The local unit of German engineering giant Siemens and the Budapest University of Technology and Economics wound up a joint research and development project valued at approximately HUF 281 mln, which focused on power electronics and electric transport, a press release said yesterday.

The R&D project, which was aimed at the optimization of the energy supply system and electric drive for electric cars, was supported by the Hungarian government and financed by the National Research, Development and Innovation Fund (NKFIA) within the framework of Széchenyi 2020, the press release said. NKFIA provided approximately HUF 199 mln for the project.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

“It is expected that by 2025, vehicle manufacturing will significantly concentrate on cars that have an electric drive partly or fully. On the one hand, using electric cars significantly decreases the effect of exhaust fumes, while electric cars under charge negatively affect the electric supply network’s power quality. There are no legislations currently regulating this, however, this negative effect needs to be minimized, hence the Siemens and BME’s joint R&D project,” leader of the project, docent Dr. István Varjasi said.

“During the project we were researching new processes that cause less network distortion, and we developed a Hardware-in-the-Loop (HIL) simulator that helps us test battery charging in a digital environment. We have overperformed our initial aims,” Dr. Gergely György Balázs, research leader at Siemens, said.

Tags: BMESiemens

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Hungarian Sole-Mizo winds up HUF 1.8 bln development project

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.