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    The case for OEM-made operating systems in the age of software-driven vehicles
    By combining vehicle domains with the cloud and internet of things (IoT), future software architecture will have a common hardware layer at the vehicle level, a common middleware layer in the software level, and an operating system that will add different features in a scalable way. To sustain futur...
    Chip supply constraints will likely persist until third quarter 2021
    The semiconductor shortage crisis has hit the automotive industry at a time when the sector started to experience a moderate recovery in production levels following a pandemic-inflicted slowdown. The ramp up in demand of chips from the automotive industry started when the supply lines were already s...
    Mercedes-Benz investing double-digit million amount to upgrade Berlin-Marienfelde plant in Germany
    Mercedes-Benz is investing a double-digit million amount to transform its Berlin-Marienfelde plant in Germany into a campus for developing, testing, and implementing pioneering software applications for its global production network. According to a press release issued by Mercedes-Benz on 3 March, t...
    04-Mar-2021 News Investments
    Heritage to setup battery recycling plant in US
    In late 2020, US-based Heritage Group established a new division, Heritage Battery Recycling (HBR), to tap growing market for lithium-ion (Li-ion) batteries recycling. In February, HBR partnered with Romeo Power to develop a battery reuse and recycling facility in the United States. “By working...
    04-Mar-2021 News Investments
    Motional selects Ambarella processors for fully autonomous vehicles
    Motional, an autonomous driving joint venture (JV) between Hyundai Motor Group and Aptiv, has selected Ambarella’s CVflow family of artificial intelligence (AI) processors for its autonomous vehicles, Ambarella said in a press release on 2 March. Ambarella’s CVflow system-on-chips (SoCs) will be...
    04-Mar-2021 News New Products
    STMicroelectronics extends longevity program for automotive microcontrollers
    STMicroelectronics has extended longevity program for various automotive microcontrollers, according to a company press release on 3 March 2021. The company informed that availability of its SPC56 automotive microcontrollers is assured until at least 2034 by extension of longevity program to 20 year...
    Grupo Antolin receives EPD certificate for eBú natural bamboo fabric
    Grupo Antolin has received Environmental Product Declaration (EPD) certificate for eBú, its natural bamboo fabric for use in automotive interiors, the Spanish supplier announced in a press release on 18 February 2021. As the new EPD ecolabel certifies, the eBú is the first and only bamboo fiber fa...
    Continental outlines new strategy for hose and line business
    German technology company Continental has announced a new strategy for its hose and line business, according to a company press release on 3 March 2021. The new strategy revolves around two primary objectives: “On the one hand, we are more strongly targeting eMobility as a major growth market. On ...
    Faurecia develops radiant panel solutions to improve thermal management
    Faurecia has developed a range of radiant panel solutions to improve thermal management, the French supplier said in a press release on 3 March 2021. The new radiant panels, controlled through HMI and using the fewest number of buttons and dials possible, can be integrated into various interiors com...
    04-Mar-2021 News New Products
    Germany to invest additional USD121 million toward private EV wallbox chargers
    Germany is investing another EUR100 million (USD121 million) into a subsidy program for private wallbox chargers, according to a report by Green Car Congress on 27 February 2021. “This enormous demand shows that we are spot on with our funding program. Charging must be possible anywhere and any...
    Bekaert FY 2020 sales slide 12.7% y/y to USD4.55 billion
    Belgium-based automotive components supplier, Bekaert, has published its financial results for the 2020 fiscal year. According to a press release issued by Bekaert on 3 March, the company posted consolidated sales of EUR3.77 billion (approximately USD4.55 billion) during the FY 2020 period. This imp...
    Constellation partners with Ford, GM to develop standard of communication for autonomous cars
    The Constellation Network has partnered with Ford and GM to develop a common standard of communication for the autonomous cars as part of the Mobility Open Blockchain Initiative (MOBI), according to a press release dated 2 March. “Constellation fixes the mobility data problem at its root. Our n...
    Vedanta develops new aluminum cylinder head alloy
    In February, Vedanta Limited, an India-based producer of metals and oil & gas, launched aluminum cylinder head alloy, a raw material for manufacturing cylinder heads and other automotive components, the Press Trust of India reported on 10 February. The alloy leverages material design to help aut...
    03-Mar-2021 News New Products
    LG Innotek unveils automotive Wi-Fi 6E module
    LG Innotek has developed an automotive Wi-Fi 6E module, a push to gain market share in the vehicle communication module space, the company said in a press release on 2 March. The module combines a communications chipset, a radio frequency (RF) circuit, among other components. It is mounted on multip...
    03-Mar-2021 News New Products
    STMicroelectronics unveils Class-D Amplifier for HD automotive audio
    STMicroelectronics has unveiled a high-resolution Class-D audio amplifier for compact, cost-effective automotive applications, the company said in a press release on 2 March. The HFDA801A is an integrated digital-to-analog converter with noiseless turn-on/turn-off, and a signal-to-noise ratio of 121...
    03-Mar-2021 News New Products
    Sibros, STMicroelectronics collaborate for next-gen OTA upgrades in connected vehicles
    Sibros Technologies has partnered with STMicroelectronics to develop next generation over-the-air (OTA) upgrades for connected vehicles, the company said in a press release on 2 March. Sibros has paired its Deep OTA Updater and Logger embedded applications with the STMicroelectonics’ Smart Gate...
    Fisker pulls plug on solid-state battery project
    The US-based electric vehicle (EV) startup Fisker Inc has decided to abandon its plans of developing solid-state batteries for its cars, The Verge reported on 26 February citing the founder of Fisler Inc, Henrik Fisker. “It’s the kind of technology where, when you feel like you’re 90% there, y...
    Xpeng to offer EV models with LFP battery variant
    Xpeng is planning to offer new variants of its electric models with lithium iron phosphate (LFP) battery, Yahoo Finance reported on 2 March. The company is planning to launch the LFP variant of its P7 all-electric sedan soon, followed by G3 electric sport utility vehicle (SUV). The company reportedl...
    03-Mar-2021 News New Products
    Faradion and Phillips 66 partner to develop advanced anode materials for sodium-ion batteries
    Faradion has partnered with Phillips 66 to develop advanced anode materials for sodium-ion batteries, the company announced in a press release on 25 February. The new anode material is claimed to be lower in cost and offer higher performance. “This agreement brings together Phillips 66’s strengt...
    Teijin and Applied EV develop polycarbonate solar roof for automotive use
    Teijin and Applied EV have jointly developed a polycarbonate solar roof for automotive use, Teijin announced in a press release on 2 March. Teijin and Applied EV deployed the solar roof on a prototype EV passenger pod, that was installed on the Blanc Robot—a zero-emission robotic vehicle platform ...
    03-Mar-2021 News New Products
    Volvo Cars launches all-electric SUV C40 Recharge
    Volvo Cars has launched the all-electric sport utility vehicle (SUV) C40 Recharge, the company announced in a press release on 2 March. The C40 is powered by twin electric motors, one on the front and one on the rear axle, and a 78 kWh battery. Volvo claimed that the C40 Recharge has a range of 420 ...
    03-Mar-2021 News New Products
    Meridian to provide branded audio systems to Rivian
    Meridian Audio has announced that electric vehicle (EV) maker Rivian has selected Meridian’s branded audio system for its EV platform, according to a company press release on 2 March. Meridian said that it has been working together with Rivian for over 12 months focusing on designing, engineering,...
    03-Mar-2021 News New Products
    Georg Fischer’s FY 2020 sales declines 14.4% y/y to USD3.6 billion
    Georg Fischer (GF) has reported 14.4% year-over-year (y/y) declined in sales to CHF3.18 billion (USD3.6 billion) in the financial year ended 31 December 2020, the company said in a press release on 1 March. Sales declined organically by 8.4%. The company witnessed 20% drop in EBITDA to CHF299 millio...
    EDAG begins construction of new test center in Munich, Germany
    The EDAG Group, an engineering service provider for the mobility industry, has begun construction a new test center at the ‘Waldmeisterstraße’ site in Munich, Germany, according to a company press release on 2 March 2021. The center is expected to be completed in the coming months. EDAG's 140 E...
    03-Mar-2021 News Investments
    thyssenkrupp launches specialist auto body company
    thyssenkrupp has launched an Automotive Body Solutions business unit, which specializes in body assembly solutions and the production of lightweight body components for automotive customers, the German company announced in a press release on 1 March. The new unit has been created from the splitting ...
    New York installs 58 new EV fast chargers for city’s fleet vehicles
    New York city has opened 58 new fast electric vehicle (EV) charging stations to power City fleet vehicles, according to a press release on 26 January 2021 on city's official website. Fast EV chargers can charge vehicles seven times as quickly as regular chargers, allowing for 120 miles of driving on...
    Vibracoustic provides air springs and hydro bushings for FAW’s Hongqi E-HS9 SUV
    Vibracoustic is supplying front and rear axle air springs as well as hydro bushings for FAW’s new Hongqi E-HS9, the supplier announced in a press release on 2 March 2021. The all-electric luxury-class sport utility vehicle (SUV) is available on the Chinese market since late 2020. Hongqi is the lux...
    Hyundai Mobis FY 2020 sales declines 3.7% y/y to USD32.23 billion
    Hyundai Mobis has reported 3.7% year-over-year (y/y) decline in sales to KRW36.63 trillion (USD32.23 billion) in the financial year ended 31 December 2020, the company said in a regulatory filing. Operating profit fell by 22.4% y/y to KRW1.83 trillion. Hyundai Mobis also witnessed 33% y/y drop in pr...
    Nexteer expands driveline portfolio for EVs
    Automotive steering components and motion control systems supplier, Nexteer Automotive, has announced that it has further expanded its driveline portfolio with its new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles. According to a press release issued by ...
    03-Mar-2021 News New Products
    ACQUISITION: Chinese group Hisense's subsidiary buys majority stake in Sanden
    Sanden Holdings Co., Ltd. signed a share underwriting agreement with Hisense Home Appliances Group Co., Ltd. at the board of directors meeting held on 1 March. According to a press release issued by Sanden Holdings on the same day, the company has resolved to issue new shares through a third-party a...
    EVLOMO plans USD50 million investment to establish EV charging network in Thailand
    EVLOMO, Inc., a Florida-based company working in the EV sector has planned to roll out a network of over 1,000 EV chargers across Thailand over the next five years. According to a press release issued by EVLOMO on 2 March, the company will do this through its affiliate in Thailand, EVLOMO Technologi...
    03-Mar-2021 News Investments
    Volkswagen aims to deploy autonomous ID. BUZZ in ride-hailing service in 2025
    Volkswagen Commercial Vehicles (VWCW), the commercial vehicle arm of the Germany-based Volkswagen Group (VW), is gearing up to deploy autonomous ID. BUZZ electric vehicle (EV) in ride-hailing service in 2025, the automaker said in a press release on 26 February. VWCW will start conducting field tria...
    ACQUISITION: Dana acquires Pi Innovo to strengthen e-propulsion capabilities
    American automotive powertrain components supplier, Dana Inc., has announced that it has acquired the Detroit-based embedded software solutions and electronic control units, Pi Innovo. According to a press release issued by Dana on 1 March, the company stated that this acquisition will support its l...
    Haomo.ai raises completes pre-A-round financing
    Haomo.ai, a mainland China-based startup developing automated driving technology, completed pre-A round financing, raising hundreds of Chinese yuan, China Daily reported on 26 February. The funding was led by SG Fund, Meituan, and Hillhouse Ventures. Significance: Haomo, the former autonomous dri...
    Enel X to set up EV charging infrastructure JV with Sterling and Wilson in India
    Enel X is set to establish an electric vehicle (EV) charging infrastructure joint venture (JV) with Sterling and Wilson (SWPL) in India, the company announced in a press release on 26 February. The 50:50 JV will market and distribute products, including JuiceBox and JuicePump, which have been licens...
    Evonik develops silicon-carbon composite anode material for Li-ion batteries
    Evonik has developed a silicon-carbon composite anode material, Siridion Black, for lithium-ion (Li-ion) batteries, the company announced in a press release on 25 February. The new anode material makes batteries more powerful by increasing energy density and improving the fast-charging capability an...
    02-Mar-2021 News New Products
    Fastned raises USD181 million to expand charging network
    Fastned has raised EUR150 million (USD181 million) through an accelerated bookbuild offering (the “Offering”) of 1,875,000 New Securities, the company announced in a press release on 26 February. “We are very happy with this successful capital raise, which allows Fastned to significantly accel...
    Hyundai breaks ground on fuel cell system plant in mainland China
    Hyundai has broken ground on a new fuel cell system in Guangzhou, mainland China, the company announced in a press release on 2 March. The construction of the HTWO Guangzhou plant is expected to be completed in the second half of 2022 and will have an annual production target of 6,500 units initiall...
    02-Mar-2021 News Investments
    Prague plans to install over 750 EV charging stations in next four years
    Prague, the capital city of Czechia, is planning to install over 750 new electric vehicle (EV) charging stations in the next four years, Prague Morning reported on 23 February. The charging stations will be placed strategically throughout the metropolis. The city government expects to have around 4,...
    Continental participates in AEye’s USD225 million PIPE offering
    On 17 February, US-based intelligent lidar technology startup AEye reached a merger agreement with CF Finance Acquisition Corp. III (CF III), a special purpose acquisition company (SPAC) sponsored by Cantor Fitzgerald, to become a public listed company. Last week, AEye and CF III announced that Cont...
    ON Semiconductor develops automotive grade SiPM array product for lidar applications
    ON Semiconductor has unveiled new RDM-Series silicon photomultiplier (SiPM) array for lidar solutions, the company said in a press release on 1 March. The ArrayRDM-0112A20-QFN enables high sensitivity to near-infrared (NIR) light for 18.5% photon detection efficiency at 905 nanometers, which results...
    02-Mar-2021 News New Products
    Green Hills unveils advanced development tools for tier-1 suppliers using Infineon TRAVEO II
    Green Hills Software has announced new capabilities for creating safety-sensitive automotive software using the MULTI integrated development environment and Green Hills Probe for Infineon TRAVEO II processor, the company said in a press release on 1 March. “We have had a strong collaboration fo...
    02-Mar-2021 News New Products
    SiriusXM extends partnership with GM Canada
    SiriusXM Canada has announced a multiyear partnership with GM Canada under which GM will increase installation of the SXM hardware in new vehicles, according to a company press release on 25 February. SiriusXM satellite radio service will be available in nearly all Chevrolet, Buick, GMC, and Cadilla...
    Foresight’s Eye-Net Mobile complete trails of cellular-based accident prevention solution for Japanese OEM
    Foresight Autonomous has announced that unit Eye-Net Mobile has completed a controlled trial of its Eye-Net Protect cellular-based accident prevention solution for a Japanese vehicle manufacturer, according to a company press release on 1 March. The trial showcased Eye-Net’s solutions to protect v...
    Foxconn, GL Ventures invest in autonomous driving startup AutoCore
    Autonomous driving startup AutoCore has raised nearly CNY100 million (USD15.5 million) in pre-A round financing, according to a report by Yicai Global on 1 March. The funding was led by Foxconn and GL Ventures. AutoCore is a supplier of intelligent automobile software and hardware platform. Signi...
    02-Mar-2021 News Investments
    Hanon Systems breaks ground on new manufacturing site in South Korea
    Global automotive supplier Hanon Systems has commenced construction on its new plant in Korea, according to a company press release on 1 March 2021. The plant, located in Naengcheon-ri, Oedong-eup, Gyeongju-si, will be built on approximately 33,000-square-meters (approximately 335,000-square-feet) o...
    02-Mar-2021 News Investments
    Continental to invest USD72.4 million in expanding Mexican brake parts plant
    German automotive parts maker Continental will invest around EUR60 million (about USD72.4 million) to expand its brake parts plant in the central Mexican state of San Luis Potosi, according to a Reuters report on 1 March. The company will manufacture brake parts in the 20,000 square meters of new pr...
    02-Mar-2021 News Investments
    US NHTSA probes nearly 1.9 million Toyota RAV4s for fire risk
    The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into nearly 1.9 million Toyota RAV4 vehicles for fire risk, according to a report by Associated Press on 1 March. Toyota RAV4s that have battery frames that may result in the sudden loss of electrical power, vehic...
    02-Mar-2021 News Recalls
    Infineon unveils AIROC family of Wi-Fi and Bluetooth combo SoC for automotive applications
    Infineon Technologies has expanded its newly developed AIROC brand with a 2x2 Wi-Fi 6/6E and Bluetooth 5.2 combo SoC for automotive applications, it said in a press release on 1 March. The Wi-Fi 6/6E combo solutions operate in the 2.4 GHz, 5 GHz, and the new 6 GHz spectrum enabling high-quality vide...
    02-Mar-2021 News New Products
    Volkswagen, NSK collaborate to advance steering technology
    Japan-based automotive components supplier, NSK Ltd., has announced its collaboration with Volkswagen AG. According to a press release issued by NSK on 1 March, the company stated that this partnership agreement between the companies' steering divisions has been done with the intention to further in...
    02-Mar-2021 News New Products
    Gentherm FY 2020 revenue slips 6% y/y to USD913.1 million
    US-based thermal management technology provider, Gentherm, has published its financial results for the 2020 fiscal year. According to a press release issued by Gentherm on 1 March, the company generated a revenue of USD913.1 million during FY 2020, which implies a reduction of 6% year over year (y/y...
    AutoTechInsight Weekly – 1 March 2021
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    Miba Group to invest USD3.3 million for developing power resistors for EVs
    EBG Resistors, a subsidiary of Miba Group, is investing EUR2 million (USD3.3 million) at its production facilities in Kirchbach and St. Stefan im Rosental in Austria to expand production capacity of resistors for use in electric vehicles (EVs), the company said in a press release on 17 February. The...
    01-Mar-2021 News Investments
    US state governors urge President Biden to press semiconductor firms to tackle automotive semiconductor shortage
    Eight governors from US states that are auto manufacturers have urged President Joe Biden to do more to press semiconductor firms tackle the global semiconductor shortage has resulted in vehicle production cuts, Reuters reported on 26 February. The governors of Michigan, Indiana, Ohio, ...
    ChargePoint completes merger with Switchback Energy Acquisition Corporation to become public
    ChargePoint has completed its previously announced merger with special purpose acquisition company (SPAC), Switchback Energy Acquisition Corporation, to become a public company, listed on the New York Stock Exchange (NYSE), the US-based electric vehicle (EV) charging solution provider said in a pres...
    01-Mar-2021 News Mergers
    Terranet presents VoxelFlow sensor technology at STARTUP AUTOBAHN
    Terranet has showcased its patented VoxelFlow sensor technology with Mercdes-Benz at STARTUP AUTOBAHN, the company said in a press release on 25 February. VoxelFlow uses high-speed sensor technology to enable autonomous driving and advanced driver assistance systems (ADAS) understand and assess what...
    Volvo Cars rolls out OTA software update on its XC40 Recharge EV
    Volvo is rolling out its first ever over-the-air (OTA) software update on the XC40 Recharge electric vehicle (EV), the carmaker said in a press release on 25 February. The XC40 Recharge in Europe will receive updates including new features, bug fixes and stability improvements to the vehicle’s inf...
    01-Mar-2021 News New Products
    MG Motor to invest USD27 million for localizing electronics components in India this year
    MG Motor has announced plans to invest around INR2 billion (USD27 million) to localize automotive electronics components in India, Autocar India reported on 27 February. The SAIC-owned brand is looking to enhance localization levels in the Hector SUV from an average of 70% to up to 80% by this year...
    SAIC CATL JV plans USD1.6 billion to double EV battery capacity at Liyang plant in mainland China
    United Auto Battery Cooperation, the joint venture (JV) between Chinese automaker SAIC and battery supplier Contemporary Amperex Technology Co. Limited (CATL), has decided to invest CNY10.5 billion (USD1.6 billion) to double electric vehicle (EV) battery production capacity at its plant in Liyang, J...
    01-Mar-2021 News Investments
    ACQUISITION: Harman acquires V2X technology firm Savari
    HARMAN has acquired Savari for an undisclosed amount, the Samsung unit said in a press release on 26 February. HARMAN will be able to leverage Savari’s software and hardware technologies, especially for vehicle-to-everything (V2X), and expand its own automotive telematics and advanced driving assi...
    Innoviz Technologies appoints Udy Gal-On as COO
    Lidar startup Innoviz Technologies has appointed Udy Gal-On as chief operating officer (COO) effective on 1 March, the company said in a press release on 24 February. Gal-On brings more than 30 years of experience in semiconductor, telecom, and smart energy industries. Most recently, Gal-On served a...
    Goodyear appoints Chris Helsel as SVP of global operations and CTO
    American tire supplier, Goodyear, has announced that it has appointed Chris Helsel as the senior vice president of global operations and chief technology officer. According to a press release issued by Goodyear on 25 February, he will be succeeding Jonathan Bellissimo, who is retiring after a career...
    POSCO plans to expand cathode plant in South Korea
    POSCO Chemical Co., an affiliate of South Korea's steel major POSCO Group, is planning to invest KRW275.8 billion (about USD248 million) to expand its production capacity of cathodes, a key component for electric vehicle (EV) batteries, in South Korea, Yonhap News Agency reported on 23 February. POS...
    01-Mar-2021 News Investments
    Vitesco commences production at electronics and transmission sensor technology plant in Hungary
    Continental’s powertrain division Vitesco Technologies has commenced production at its new plant in Debrecen, Hungary, after two years of construction, according to a company press release on 26 February 2021. The plant, spanning around 7,000-square-meters of area, manufactures electronics, and tr...
    01-Mar-2021 News Investments
    Alps Alpine, Grammer, Harvatek, Osram Continental, and Yanfeng join ISELED alliance
    Five auto parts suppliers have joined the Integrated Serial/Smart Embedded Light Emitting Diode (ISELED) Alliance, ISELED announced in a press release on 25 February 2021. These new members include Alps Alpine, Grammer, Harvatek, OSRAM Continental, and Yanfeng. The alliance currently has 38 companie...
    Corning’s sales fall 2% y/y to USD11.3 billion in 2020
    Corning has reported a 2% year-over-year (y/y) fall in net sales to USD11.3 billion for the financial year ended 31 December 2020, the company said in a press release on 27 January 2021. The company witnessed a 47% y/y drop in net income to USD512 million. The company’s Display Technologies seg...
    Continental recalls around 94,000 passenger vehicle and light truck tires in US
    Continental has announced a voluntary recall program involving approximately 94,000 Continental, General, and Barum brand passenger vehicle tires, according to a press release on 25 February. The affected tires were produced at the company’s Mt. Vernon, Illinois plant and sold to vehicle manufactu...
    01-Mar-2021 News Recalls
    Nissan achieves 50% thermal efficiency for engine with e-POWER hybrid powertrain
    Japanese carmaker, Nissan, has announced a breakthrough in engine efficiency. According to a press release issued by Nissan on 26 February, the company stated that it achieved 50% thermal efficiency with its in-development, next generation e-POWER system. Attaining this level of thermal effi...
    01-Mar-2021 News New Products
    Electric Last Mile partners with CATL, Jing-Jin Electric North America for EV powertrain system
    Electric Last Mile, Inc. has announced that it has entered into strategic partnerships with Jing-Jin Electric (JJE) North America and Contemporary Amperex Technology Co. Limited (CATL) for the electric powertrain system in the ELMS Urban Delivery vehicle. According to a press release issued by Elect...
    Sogefi FY 2020 revenue slides 17.8% y/y to USD1.45 billion; appoints Frederic Sipahi as new CEO
    Italy-based automotive components supplier, Sogefi Group, has released its financial results for the fiscal year of 2020. According to a press release issued by Sogefi on 26 February, the company generated revenues of EUR1.2 billion (approximately USD1.45 billion) during FY 2020, which implies a dro...
    Achieving the right mix of premium yet sustainable interior plastics to be a key challenge for automakers
    The importance of advanced engineering plastics in making a vehicle safer, efficient, and feel more premium, cannot be overstated. Plastics is one of the most extensively used materials in a car. Plastics and polymer composites account for more than 50% of the total vehicle volume and contribute som...
    Mobileye, Transdev, and Lohr Group partner to develop and deploy autonomous shuttles
    Mobileye, Transdev Autonomous Transport System (ATS), and Lohr Group have entered a strategic partnership to develop and deploy autonomous shuttles, the three companies said in a joint press release on 25 February. The partners will integrate Mobileye’s self-driving system into the i-Cristal elect...
    26-Feb-2021 News New Products
    AGC’s net sales fall 7% y/y to USD13.6 billion in 2020
    AGC has reported a fall of 7% year on year (y/y) in its net sales to JPY1.4 trillion (USD13.6 billion) during the fiscal year ended 31 December 2020, according to a press release earlier this month. Operating profit during the period fell 25.4% y/y to JPY75.7 billion. Net income for the year also de...
    BASF expands carbon-fiber reinforced polyphthalamides lineup
    BASF has expanded its polyphthalamide (PPA) portfolio of ‘Ultramid’ Advanced with carbon-fiber reinforced grades, the company announced in a press release on 25 February. The new versions get carbon fiber fillings of 20, 30 and 40%. The new carbon-fiber (CF) reinforced grades can be used to manu...
    26-Feb-2021 News New Products
    Fisker plans building EV battery cell plant in US or Europe
    Fisker is mulling setting up an electric vehicle (EV) battery cell manufacturing plant in either Europe or the United States, Reuters reported on 26 February citing Fisker Inc CEO Henrik Fisker. Fisker is planning to set up in partnership with a yet unknown major battery supplier. “We did not...
    26-Feb-2021 News Investments
    Next.e.GO Mobile raises USD36.4 million in Series B funding
    German electric vehicle (EV) startup Next.e.GO Mobile and its parent company, nd Industrial Investments BV, raised EUR30 million (USD36.4 million) in a Series B funding, the company announced in a press release on 25 February. The funding round saw participation from well-known international in...
    Saint-Gobain sales fall 10.4% y/y to USD46.3 billion in 2020
    Saint-Gobain has reported a fall of 10.4% year on year (y/y) in its sales to EUR38.1 billion (USD46.3 billion), according to a company press release on 25 February. Operating income fell 15.8% y/y to EUR2.8 billion during the year. Net income also fell 23.2 y/y to EUR1.4 billion. The company, howeve...
    Honda to idle operations at Sumare plant in Brazil due to semiconductors shortage
    Honda will suspend operations at its Sumaré plant, near São Paulo in Brazil, due to semiconductor supply constraints, Auto Industria reported on 24 February. The idling, between 1 and 10 March, will impact the production of the Civic model line. Honda had already suspended operations at Sumaré...
    Ibeo Automotive Systems testing IbeoNEXT lidar sensor in Germany and mainland China
    Ibeo Automotive System has begun testing of its solid-state lidar sensor IbeoNEXT for Great Wall Motor, the company said in a press release on 25 February. The company has commissioned German-Chinese testing and validation provider LiangDao for series testing. The testing will take place a...
    Tesla suspends operations at Fremont plant in California for two days due to parts shortages
    Tesla had suspended operations at its Fremont, California, plant on Monday and Tuesday this week owing to parts shortages, Reuters reported on 25 February, citing Tesla CEO Elon Musk. The plant had reopened on Wednesday. “Fremont shut down for two days [parts shortages] and&...
    Geely-backed ECARX raises over USD200 million in Series A+ funding
    ECARX has raised over USD200 million in a Series A+ fundraising round, Yicai Global reported on 25 February. The round was led by investment company China Reform Holdings Corp and the funds will be used for research and development (R&D) in automotive chips, smart cockpits, intelligent driving, ...
    26-Feb-2021 News Investments
    Magna develops new surround view cameras and ECUs for automotive applications
    Magna has unveiled new surround view cameras and electronic control units (ECUs) 3D surround-view systems in cars, the company said in a press release on 25 February. Magna’s next generation cameras and domain controllers will enable 3D surround view available to a wider customer base. “By pr...
    26-Feb-2021 News New Products
    Velodyne FY 2020 revenue declines 5.9% y/y to USD101.4 million
    Velodyne has reported 5.9% year-over-year (y/y) decline in revenue to USD101.4 million in the financial year ended 31 December 2020, the company said in a press release on 25 February. Product revenue declined 16% y/y to USD68.4 million while revenue from license and services increased 35.2% y/y to ...
    MWC Shanghai 2021: 5GAA presents latest development of C-V2X applications
    The 5G Automotive Association (5GAA) has discussed the latest interoperability applications for connected vehicles and the large-scale test of cellular-vehicle-to-everything (C-V2X) communications at the Mobile World Congress Shanghai 2021. In a press release dated 25 February, 5GAA spoke ...
    Addressing autonomous vehicle safety challenge
    One of the key arguments that proponents of highly automated vehicles have been making over the past 10 years is that such vehicles will deliver unparalleled level of safety and drastically reduce traffic crashes. Such vehicles will be mostly driven by their autonomous driving system, which will be ...
    Is AR-HUD finally taking off?
    Automakers have been offering head-up displays (HUDs) that project key driving information such as speed, turn-by-turn navigation, and warning signals on a vehicle’s windshield or onto a transparent panel in the direct vision of the driver for over 30 years. However, the system has seen rapid mark...
    Constellium FY 2020 revenue drops 17.3% y/y to USD5.94 billion
    French aluminum products supplier, Constellium, has published its financial results for the 2020 fiscal year. According to a press release issued by Constellium on 25 February, the company posted a revenue of EUR4.88 billion (approximately USD5.94 billion) during FY 2020. This represents a decline o...
    Honda unveils new HR-V Hybrid in Europe
    Japanese car manufacturer, Honda, has unveiled the newest addition to its electrified portfolio in Europe, the HR-V Hybrid. According to a press release issued by Honda on 18 February, this new vehicle features Honda’s dual motor e:HEV hybrid powertrain as standard. The new Honda HR-V Hybrid wi...
    26-Feb-2021 News New Products
    Michelin launches Pilot Sport EV tire for electric sportscars
    France-based tire manufacturer, Michelin, has announced its first tire that has been designed specifically for electric sportscars. According to a press release issued by Michelin on 25 February, the company stated that the Pilot Sport EV tires will be launched on 1 April in a choice of 16 sizes for...
    26-Feb-2021 News New Products
    Volvo Cars and Geely to deepen collaboration to improve growth opportunities
    Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will deliver synergies in powertrains, sharing of electric vehicle (EV) architecture, joint procurement, autonomous drive technologies, and aftersales. According to a press release issued by Volvo on 24 February, this collabo...
    Fisker partners with Foxconn for manufacturing EVs
    Electric vehicle (EV) startup Fisker Inc. has signed a memorandum of understanding (MOU) with Foxconn for jointly developing and manufacturing a new EV, the company announced in a press release on 24 February. The vehicle will be developed under a project codenamed ‘Project PEAR’ (Personal Elect...
    Hyundai to source EV batteries from CATL and SK Innovation
    Hyundai is set to source the third batch of batteries for its electric vehicles (EV) from Contemporary Amperex Technology (CATL) and SK Innovation, Business Korea reported on 24 February. The batteries will be equipped in the EVs based on the Electric-Global Modular Platform (E-GMP) platform that Hy...
    Mitsubishi Motor launches MY 2021 Outlander PHEV with bigger battery in US
    Mitsubishi Motor has launched the model year (MY) 2021 Outlander plug-in hybrid electric vehicle (PHEV) with a revised powertrain and a bigger battery in the United States, the company announced in a press release on 23 February. The Outlander PHEV now comes with a more powerful and efficient 2.4L i...
    25-Feb-2021 News New Products
    Samsung SDI to expand EV battery plant in Hungary
    Samsung SDI is planning to invest KRW942 billion (USD849 million) for expanding its electric vehicle (EV) battery plant in Hungary, Reuters reported on 24 February citing a company official. According to the report, Samsung SDI’s Hungary subsidiary will raise capital by issuing shares worth KRW404...
    25-Feb-2021 News Investments
    Spanish startup Lupa to set up EV plant in Uruguay
    Spanish electric vehicle (EV) startup Lupa is planning to set up an EV manufacturing plant in Uruguay, the company announced in a press release on 23 February. The factory will start producing and delivering the first models in 2024 and will have a capacity of 20,000 vehicles per year. “We are ver...
    25-Feb-2021 News Investments
    Startup Neural Propulsion Systems unveils NPS 500 autonomous sensing platform
    Neural Propulsion Systems (NPS) has developed NPS 500 sensing platform for autonomous driving applications, the US-based startup said in a press release on 24 February. The all-in-one sensor system interconnects NPS MIMO lidar, SWAM radar, and cameras to collectively detect and process 360° high re...
    25-Feb-2021 News New Products
    New Mercedes-Benz C-Class feature MBUX multimedia system
    Mercedes-Benz’s new C-Class vehicles is integrated with the second-generation of Mercedes-Benz User Experience (MBUX) multimedia system, akin to the S-Class models. The screens’ looks can be individualized with three display styles, which are Discreet, Sporty, Classic and three modes, which are ...
    25-Feb-2021 News New Products
    Huf enhances 'Phone as a Key' feature
    Huf has enhanced the feature of its ‘Phone as a Key’ digital key, allowing drivers to open and lock car doors and even start the engine hands free without picking up their smartphones, the Germany-based company said in a press release on 16 February. According to the company, the complete packag...
    25-Feb-2021 News New Products
    KDDI invests in startup Swift Navigation
    KDDI has made an undisclosed investment via KDDI Open Innovation Fund 3 in Swift Navigation, the company announced in a press release on 10 February. Swift Navigation offers GNSS positioning solutions for autonomous vehicles, centimeter precise positioning for range of autonomous applications in aut...
    25-Feb-2021 News Investments
    Renesas, LUPA-Electronics jointly develop open front camera platform for automotive use
    Renesas Electronics has tied up with LUPA-Electronics to jointly develop an open front camera solution for automotive applications, the company said in a press release on 24 February. The EagleCAM module will use Renesas’ R-Car V3H and R-Car V3M system-on-chip (SoC) devices. The scalable camer...
    25-Feb-2021 News New Products
    STMicroelectronics develops precision high-voltage bidirectional current-sense amplifiers for automotive systems
    STMicroelectronics has unveiled three precision high-voltage bidirectional current-sense amplifiers for automotive systems, the company said in a press release on 24 February. The TSC2010, TSC2011, and TSC2012 amplifiers allow designers to minimize power dissipation. Use cases include data acquisiti...
    25-Feb-2021 News New Products
    Hyundai recalls nearly 82,000 EVs globally to replace battery systems
    Hyundai is recalling nearly 82,000 electric vehicles (EVs) globally due to fire risks, according to a Reuters report on 24 February. The recall is one of the first mass battery pack replacements conducted by a major automaker. The recall affects the Kona EVs, some of which were first recalled in lat...
    25-Feb-2021 News Recalls
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