Menu
Filters
Your Selections
    [clear all]
    Asset
    Published
    Service
    Topical Categories
    Supplier
    OEM
    Region / Country/Territory
    Major revision for global light vehicle production forecast – what it means for OEMs’ technology deployment
    The IHS Markit light vehicle production forecast has been cut by 6.2% or 5.02 million units in 2021, and by 9.3% or 8.45 million units in 2022, to stand at 75.8 million units and 82.6 million units, respectively. For 2023, we have reduced the forecast by 1.05 million units or 1.1% to 92 million unit...
    What Fit for 55 means for all member nations in the European Union
    Unveiling a roadmap to make Europe the world’s first climate neutral continent by 2050, the European Commission rolled out the ‘Fit for 55’ package on 14 July 2021, proposing that the suggestions made by the governing body be made legally binding for all members of the European Union (EU). ...
    19-Aug-2021 Insights Policy & Regulation Pinned
    Bridgestone to consolidate its seat pad manufacturing in Japan to three plants
    Japanese auto parts manufacturer Bridgestone Corporation announced via press release on 8 October that it will be consolidating its plants for automotive seat pads in Japan as part of its global expense and cost structure review plan. According to the release, Bridgestone will be closing its...
    Nippon Steel sues Toyota and Baosteel over electrical steel sheet patent infringement
    Japanese steelmaker Nippon Steel announced via press release on 14th October that it had filed lawsuits seeking compensatory damages before Tokyo District Court against Chinese steelmaker Baosteel and Japanese OEM Toyota alleging their infringement of Nippon’s patent relating to non-oriented elect...
    South Korean mobility firms join hands to launch autonomous driving association
    According to a press release published on the Korea Economic Daily on October 12th, Hyundai Motor Co., Kakao Mobility Corp., KT Corp., and other competitive players in their respective fields have officially launched an autonomous vehicle industry council to ensure Korean leadership in the age of fu...
    ISO 9001 certification restored for Akebono's four manufacturing subsidiaries
    Japanese manufacturer of brake products Akebono announced via press release on 14 October that the ISO 9001 certification had been restored for its Yamagata, Fukushima, Iwatsuki, and Sanyo brake product manufacturing subsidiaries. According to the press release, the ISO quality management ce...
    Vehicle AEB systems in Japan to include protection for cyclists from July 2024
    The Japanese transport ministry at the end of September amended the country’s automatic braking system safety provisions to include protection for bicycle riders from July 2024, according to the Asahi Shimbun. While automatic emergency braking (AEB) systems are currently only required to preven...
    Quality certification restored for Akebono's Iwatsuki and Sanyo manufacturing subsidiaries
    Japanese manufacturer of brake products Akebono announced via a press release on 1 October that the IATF 16949 certification had been restored for its Iwatsuki and Sanyo brake product manufacturing subsidiaries. According to the company’s press release, the quality management certification...
    Smart Eye announces new design win with Japanese OEM
    Smart Eye announces a new design win with a global Japanese car manufacturer, according to an official press release dated 1 October. Based on estimated product life cycle forecasts, the new order for one new car model on an existing platform is worth SEK25 million (USD2.86 million) The clie...
    Automakers and suppliers to reinvent supply chain amid chip shortage
    Despite chip plants effectively running on full capacity, the global chip-shortage crisis may not be resolved next year, warned executives from German automotive companies during the IAA Mobility 2021 show in Munich. Top executives from several companies have publicly stated that they do not know...
    Model-based development center to include 10 Japanese OEMs and suppliers
    Japanese automakers including Subaru, Toyota Motor, Nissan, Honda, and Mazda along with suppliers Aisin, Jatco, DENSO, Panasonic, and Mitsubishi Electric will be joining as executive members in the Japan Automotive Model-Based Engineering center (JAMBE), according to a joint statement dated 24 Septe...
    Toshiba develops simulation technology to shortens verification times for automotive semiconductors
    Toshiba Electronic Devices & Storage Corporation, according to an official press release dated 21 September, has developed a model-based development (MBD) simulation technology that reduces verification times for automotive semiconductors by approximately 90%. The technology enables automotive e...
    24-Sep-2021 News New Products
    Renesas unveils R-Car SDK accelerates deep learning development for Smart Camera and Automated Driving
    Renesas Electronics Corporation announced the R-Car Software Development Kit (SDK) on 21 September, a complete software platform in a single package that enables faster and easier software development and validation for smart camera and automated driving applications used in passenger, commercial, a...
    22-Sep-2021 News New Products
    Quality certification restored for Akebono's Yamagata and Fukushima manufacturing subsidiaries
    Japanese manufacturer of brake products Akebono announced via a press release on 6 September that the IATF 16949 certification had been restored for its Yamagata and Fukushima brake product manufacturing subsidiaries on 27 August and 3 September respectively. According to the company’s press re...
    Honda to start testing program in September for autonomous vehicle mobility service in Japan
    According to an official press release dated 8 September, Honda Motor announced that it will begin a testing program for autonomous vehicles in September 2021, paving the way for the company to launch an autonomous vehicle mobility-as-a-service (MaaS) business in Japan in collaboration with Cruise a...
    South Korea announces USD10.3 billion budget to promote e-mobility
    The South Korean government has passed a bill that sets the year 2050 as the target for carbon neutrality in the country. According to a report filed by Electrive on 2 September, the National Assembly of the country has also earmarked KRW12 trillion (approximately USD10.3 billion) in 2022 for the e-...
    Toyota to resume self-driving e-Palette vehicle operations at Tokyo Olympic village
    Toyota Motor announces, in an official press release dated August 30, that the Tokyo Organising Committee of the Olympic and Paralympic Games has decided to resume operations of the e-Palette mobility vehicle within the Athletes' Village. Mobility service operations were halted in response to an ...
    Posco commences high-purity nickel production for EV batteries
    South Korean materials supplier, Posco, has announced that it has commenced production of high-purity nickel required for secondary batteries used in electric vehicles (EVs). According to a press release issued by Posco on 19 August, the company stated that a new production facility has been set up ...
    30-Aug-2021 News Investments
    Continental to focus on automated driving
    According to a press release issued by Continental Mobility on 11 August, driver assistance systems and automated driving are gaining popularity worldwide. People in China and Japan, in particular, are already open to the benefits of automated driving, whereas people in Germany, France, and the Unit...
    SK Innovation Q2 2021 revenue climbs 55.9% y/y to USD9.71 billion
    South Korean electromobility components supplier, SK Innovation, has published its financial results for the second quarter of the 2021 fiscal year (FY). According to a press release issued by SK Innovation on 3 August, the company stated that it recorded revenues of KRW11.12 trillion (approximately...
    SK Innovation to spin off EV battery business
    South Korean supplier, SK Innovation, has announced that it has decided to spin off its EV battery business line and Exploration & Production (E&P) business lines. According to a press release issued by SK Innovation on 4 August, the company stated that its Board of Directors took the decisi...
    Lidar startup AEye opens Japan office to meet growing demand for its adaptive lidar
    According to a press release published on 3 August by Business Wire, AEye, the global leader in adaptive, high-performance lidar solutions, today announced the opening of its Tokyo office to support and grow AEye's existing base of automotive, mobility, and industrial partners, suppliers, customers,...
    04-Aug-2021 News Investments
    Nidec reports 32.8% y/y growth in Q1 net sales to USD4.08 billion
    Japan-based automotive components supplier, Nidec Corporation, has announced its financial results for the first quarter of the 2021 fiscal year (FY). According to a press release issued by Nidec on 21 July, the company posted net sales of JPY447.47 billion (approximately USD4.08 billion) during fir...
    Quanergy’s 3D LiDAR system to power V2X Smart City deployment in South Korea
    Quanergy has announced that its 3D LiDAR solution will support in the development of an Information, Communication, and Technology (ICT) system in Busan, South Korea, according to a 20 July press release. Deployed in collaboration with iCent, the solution consists of MQ-8 LiDAR sensor, paired wit...
    Hyundai to pilot AI-powered, self-driving RoboShuttle service in South Korea
    Hyundai Motor will start test operation of its RoboShuttle service on 9 August along a 6.1-kilometer (km) route in Sejong Smart City, South Korea, it said in a 13 July press release. The test pilot will use a Hyundai H350, a light commercial van equipped with autonomous driving technology....
    LG Chem, LG Energy plan to invest over USD13 billion in South Korea to boost battery production
    South Korean supplier LG Chem Ltd. and its wholly owned subsidiary LG Energy Solution have announced plans to invest a combined amount of KRW15.1 trillion (approximately USD13.2 billion) in South Korea during this decade. According to a report filed by business news agency Reuters on 8 July,...
    13-Jul-2021 News Investments
    Sumitomo Metal Mining to invest USD424 million to boost cathode materials production
    Japan-based Sumitomo Metal Mining Co. Ltd. has announced that it will be investing JPY47 billion (approximately USD424 million) in order to ramp up its production capacity of materials used in the rechargeable battery cathodes of electric vehicles. According to a report filed by business news age...
    07-Jul-2021 News Investments
    South Korean government approves 53 projects to develop fully automated vehicles by 2027
    According to a press release on Al Bawaba dated 28 June, South Korea's Industry Ministry has approved 53 projects with budgets totaling KRW85 billion (USD75 million) this year, as part of efforts to develop fully autonomous vehicles by 2027. According to the Ministry of Trade, Industry, and Energ...
    05-Jul-2021 News Investments
    Hyundai in talks with chipmakers in South Korea to diversify supply chain
    Hyundai Motor Group is in talks with South Korean chip companies to reduce its reliance on foreign supplies in the midst of a global shortage that has halted assembly lines at automakers worldwide, four sources as per Reuters press release on 16 June.  “On top of facing high entry bar...
    EV battery startup Ample, ENEOS launch EV battery swapping service in Japan
    ENEOS, along with electric vehicle (EV) battery startup Ample, have announced a business collaboration to launch an EV battery swapping service in Japan from March 2022, according to a 16 June press release. Under the partnership, both companies aim to develop an energy delivery service for EVs that...
    Nissan launches Note Aura with electrified powertrain in Japan
    Nissan has launched its new hatchback, the Note Aura, in Japan exclusively with its e-POWER electrified powertrain. According to a press release issued by Nissan on 15 June, the company stated that sales of this new vehicle are slated to commence from autumn this year onward. The second generatio...
    16-Jun-2021 News New Products
    Hyundai resumes production at Ulsan plants in South Korea
    The Hyundai Motor Company has announced that it has resumed production activities at four out of its five manufacturing facilities located in Ulsan, South Korea. According to a report filed by news agency The Korea Herald on 11 June, the South Korean automaker had temporarily halted manufacturing...
    14-Jun-2021 News COVID-19
    Kumho Tire exclusively supplies Ecsta HS51 tire for Renault Samsung’ Arkana
    Kumho Tire is exclusively supplying its Ecsta HS51 tire to Renault Samsung Motors’ compact sports utility vehicle (SUV), Arkana, reports The Korea Herald. Significance: The Ecsta HS51 is their best-selling tire in Europe, The Korea Herald reported. The tire uses rubber and high grip resin for e...
    Chuo Spring gets contract for ‘Stabilizer’ chassis spring from Mazda, Honda
    Japan-based Chuo Spring Co., Ltd. announced that it has been awarded supply contracts for the "Stabilizer" chassis spring used for the foot of automobiles, by Mazda and Honda, according to a company press release on 3 June. Significance: The stabilizer chassis spring is a component used to e...
    LG Chem to supply NCMA cathode materials for EV batteries to Tesla
    Tesla is expected to become the first automaker to use LG Energy Solution’s new nickel-cobalt-manganese-aluminum (NCMA) battery cells, which have a 90% nickel composition, electrek.com reported on 2 June. Significance: Tesla has been going over newer battery chemistries for its electr...
    NTN develops Ra-sHUB hub bearing for rear wheels with steering assist function
    NTN Corporation has developed the “Ra-sHUB” hub bearing for rear wheels according to a company press release on 28 May. Significance: According to the press release, the Ra-sHUB has been developed by modifying the hub bearing “sHUB” with steering assist function that adjusts the stee...
    03-Jun-2021 News New Products
    Posco introduces battery pack with stainless steel outer frame structure
    POSCO has introduced the battery pack steel used in ‘e Autopos,’ an integrated brand of eco-friendly vehicles, according to a company press release on 27 May. Significance: The POSCO Battery Pack for Electric Vehicle (PBP-EV) is an eco-friendly car battery pack that develops the third generat...
    02-Jun-2021 News New Products
    Hyundai, Kia, and other brands to recall more than 700,000 vehicles in South Korea
    Hyundai, Kia, Mercedes-Benz, General Motors (GM), and Toyota have issued a recall affecting a total of 714,720 vehicles in South Korea, according to a report by Pulse News on 27 May 2021. The recall covers 22 models, over various faulty parts. Of the total vehicles being recalled, the majority ar...
    02-Jun-2021 News Recalls
    Hitachi Astemo supplies EV motors, inverters for Mazda’s MX-30 EV model
    Hitachi Astemo Co., Ltd. is supplying its electric vehicle (EV) motors and inverters for Mazda’s first mass-produced EV, "MX-30" which was launched in Japan in January 2021, according to a company press release on 1 June 2021. The motor adopted in the Mazda MX-30 EV model has high output and hi...
    Around 20 Japanese companies to work with TSMC on semiconductor research project
    According to a press release on Reuters dated 31 May, the Japanese government announced the plan for a semiconductor research project to develop cutting-edge chip technology in the country with the market-leading Taiwan Semiconductor Manufacturing Company. Around 20 Japanese companies will w...
    Renesas fire-hit chip plant in Japan to start full production around mid-June
    Renesas Electronics Corp is expected to restore full production capacity at a fire-damaged chip plant in Japan by mid-June as per the company's press release dated 1 June.  Capacity on the Naka plant's 300mm chip line in eastern Japan had returned to about 88% of pre-fire levels at...
    Nissan in advanced talks with UK government to build battery gigafactory
    Nissan is in advanced talks with the UK government to build a battery gigafactory, reports Nikkei Asia. Nissan aims to make the United Kingdom its largest electric vehicle (EV) production hub outside of Japan. Nissan will employ mainland Chinese battery maker Envision AESC to run a new fac...
    28-May-2021 News Investments
    European Commission clears acquisition of Sanden by Hisense Group
    The European Commission (The Commission) has approved, under the EU Merger Regulation, the acquisition of Japan-based Sanden Holdings Corporation by Chinese Hisense Group Holdings Co. Ltd., The Commission said in a press release on 20 May 2021. Significance: Sanden manufactures and supplies ...
    Toray develops thermal conductivity technology to raise heat-dissipating properties of CFRP
    Japan-based Toray Industries has developed a thermal conductivity technology that can raise the heat-dissipating properties of carbon-fiber-reinforced plastic (CFRP) comparable to that of metals, according to a company press release on 19 May. Significance: Toray states that its new technology wh...
    27-May-2021 News New Products
    NTN’s FY 2020/21 net sales decline 13.7% y/y to USD5.1 billion
    NTN’s net sales declined by 13.7% year-on-year (y/y) to JPY562.8 billion (USD5.1 billion) for the fiscal year ended 31 March 2021, according to a company press release on 14 May 2021. The company has posted an operating loss of JPY3.1 billion, compared with an operating income of JPY7.5 billion in...
    JSAE 2021: HELLA to present 48V DC/DC converter
    HELLA will present innovative electronic solutions such as an 48V DC/DC Converter, which was specially designed for mild hybrid vehicles of higher performance classes, at the JSAE, Society of Automotive Engineers of Japan, the Germany-based electronics and lighting expert said in a press release on ...
    21-May-2021 News New Products
    DuPont introduces Kevlar® MicroCore™ material for battery separators
    DuPont has introduced a new high-temperature-resistant, super fine fiber material called DuPont™ Kevlar® MicroCore™, according to a company press release on 17 May. The material is planned for use in battery separators to help cater to the growing demand for safer, higher- performing lithium-io...
    19-May-2021 News New Products
    Bridgestone posts 7.2% y/y increase in revenue for Q1 2021 to USD6.87 billion
    Japan-based tire manufacturer Bridgestone has announced its financial results for the first quarter of 2021. According to a press statement issued by Bridgestone on 17 May, the company has posted a revenue of JPY757 billion (approximately USD6.87 billion) during first quarter this year ended 31 Marc...
    Tachi-S’s FY 2020/21 net sales drop 29.7% y/y to USD1.8 billion
    Japanese interior parts supplier Tachi-S has reported a 29.7% year-on-year (y/y) decline in net sales to JPY198.5 billion (USD1.8 billion) for the fiscal year (FY) ended 31 March 2021, according to a company press release on 14 May. The company posted an operating loss of JPY7.7 billion compared wit...
    Toyoda Gosei, Ashimori Industry enter alliance for safety system business
    Toyoda Gosei Co., Ltd. and Ashimori Industry Co., Ltd. have agreed to establish a capital and business alliance for the safety system business, Toyoda Gosei said in a press release 14 May 2021. Under the alliance, the two companies will leverage their respective business assets and know-how; bu...
    South Korea unveils USD450-billion plan to expand chip industry
    The South Korean government unveiled an ambitious plan on 13 May to invest USD450 billion over the next decade in its semiconductor manufacturing industry. Samsung Electronics Co. and SK hynix Inc would lead in the investment of USD510 trillion won in semiconductor research and production throu...
    17-May-2021 News Investments
    LG Chem invests USD133.4 million in prospective Korea Battery & ESG incubation fund
    LG Chem has invested KRW150 billion (USD133.4 million) in a prospective ESG Company incubation fund, according to a company press release on 11 May. The project will include “finding and fostering domestic companies in the battery materials and eco-friendly industry materials sectors.” The Ko...
    14-May-2021 News Investments
    Ningbo Ronbay begins building high-nickel cathode material facility in South Korea
    Chinese battery material manufacturer Ningbo Ronbay has started building a high-nickel content cathode material facility in South Korea, according to a company press release on 21 April. Construction of the first phase, with a design capacity of 20,000 tons per annum (tpa), is expected to be complet...
    13-May-2021 News Investments
    Mitsubishi Heavy Industries FY 2020 revenue slides 8.45% y/y to USD33.97 billion
    Mitsubishi Heavy Industries, Ltd. (MHI) announced its consolidated financial results for the fiscal year (FY) 2020 (ended 31 March 2021). According to a press release issued by MHI on 10 May, the company generated revenue of JPY3.69 trillion (approximately USD33.97 billion). This implies a reduction...
    JOINT VENTURE: Marelli, PUNCH form JV to develop, assemble integrated e-axles for EVs
    Global automotive supplier, Marelli and driveline and powertrain supplier, PUNCH (via PUNCH Motive International) have formed a joint venture (JV) to facilitate “Marelli’s shift toward electrification through the development and assembly of integrated e-axles for electric vehicles (EVs).” The ...
    Toyota, Woven Planet, and ENEOS to test hydrogen-based supply chain
    ENEOS Corporation and Toyota Motor Corporation have announced their agreement on a new partnership to explore the utilization and application of hydrogen energy at Woven City, the prototype city of the future that Toyota has started to develop in Susono City, Shizuoka Prefecture, Japan. According...
    12-May-2021 News New Products
    South Korea to expand investment and tax incentives for automotive semiconductor segment
    South Korea has said it plans to expand investment and tax incentives for the semiconductor segment in line with efforts to foster the non-memory chip industry and cope with the global supply shortages of automotive chips according to a telecom economics times press release dated 9 May. “To cop...
    11-May-2021 News Investments
    TS Tech’s FY 2020/21 sales down 3.8% y/y to USD3.14 billion
    TS Tech has reported a 3.8% year-over-year (y/y) decline in revenue to JPY346.1 billion (USD3.14 billion) for the financial year ended 31 March 2021, the Japanese automotive seating supplier said in a press release on 30 April. Despite lower sales, operating income grew by 1.6% y/y to JPY26.7 billio...
    Toyota Boshoku’s FY 2020/21 sales decline 7.3% y/y to USD11.5 billion
    Toyota Boshoku’s sales declined 7.3% year-on-year (y/y) to JPY1.2 trillion (USD11.5 billion) in the fiscal year ended 31 March 2021. Operating profit grew 19.5% y/y to JPY57.1 billion and net profit rose 25.8% by to JPY31.2 billion. In the fiscal year, Toyota Boshoku reported 9.5% y/y decline i...
    Koito’s FY 2020/21 sales down 11.8% y/y to USD6.4 billion
    Koito has reported full year sales of JPY706.3 billion (USD6.4 billion), down 11.8% year-on-year (y/y) for the year ended 31 March 2021, according to a company press release on 27 April. Operating income for the year also declined by 31.2% y/y to JPY56.7 billion and net income fell by 35.2% y/y to J...
    Toyota launches PROACE battery electric panel vans in Europe
    In fourth quarter 2020, Proace Electric was introduced to Norway, the Netherlands, and Switzerland. In first quarter 2021 it will be launched in Denmark, Finland, France, Germany, Italy, Spain, Sweden, and the United Kingdom, alongside Proace Verso Electric in some markets. The models come with...
    03-May-2021 News New Products
    NTN develops ‘Creepless Bearing’ using proprietary undercut machining on bearing to stop creeping
    NTN Corporation has developed a “creepless bearing”—a deep groove ball bearing for automotive transmissions and electric vehicle (EV)/hybrid electric vehicle (HEV) motors—that stops creeping by applying the company’s proprietary undercut machining on the outer diameter of the outer ri...
    30-Apr-2021 News New Products
    EV startup REE Auto, Toyota’s Hino Motors sign strategic business alliance agreement
    Hino Motors, a subsidiary of Toyota Motor Corporation, and REE Automotive have signed a strategic business alliance agreement to over “next-generation commercial mobility,” according to a company press release on 27 April. The companies plan to develop hardware prototypes by fiscal year (FY) 202...
    Suzuki, Subaru, Daihatsu, Toyota, and Mazda to work on next-gen vehicle communications devices
    Toyota has partnered with Suzuki Motor, Subaru, Daihatsu Motor, and Mazda to jointly develop technical specifications for next-generation vehicle communications devices, a company press release on 27 April read. The companies will provide safe connected services to customers as early as possible,...
    Kia invests in IONITY charging network, reduces kWh prices for customers
    The all-new Kia EV6 electric crossover is being made available alongside a high-power charging network and integrated payment platform in Europe, according to a company press release by Kia on 22 April. As an IONITY joint venture member, Kia can offer customers ultrafast 350-kW charging at reduced p...
    SK IE Technology plans USD2 billion IPO on Seoul’s stock market in May 2021
    SK IE Technology plans a USD2 billion initial public offering (IPO) on Seoul’s stock market next month, on the heels of ramping up production to meet growing demand for electric vehicle (EV) batteries and other products, reports Nikkei Asia. Significance: The Nikkei Asia report states that SK I...
    LG Chem completes 1,200 ton Yeosu carbon nanotubes plant in South Korea
    LG Chem is planning to accelerate its advancement into the carbon nanotubes (CNT) market with the help of a 1,200-ton “Yeosu CNT Plant 2” in Korea that was completed and begun operations on 14 April, according to a company press release of the same day. Additionally, the company’s existing 500...
    22-Apr-2021 News Investments
    LG Innotek develops automotive lighting module 'Nexlide-E'
    LG Innotek has developed 'Nexlide-E,' an automotive lighting module that produces bright and uniform light, according to a company press release on 21 April 2021. The automotive lighting module is made of three parts—LED package, optical resin, and thin optical film. An LED package, which is a lig...
    22-Apr-2021 News New Products
    Auto Shanghai 2021: Genesis debuts G80 electric sedan
    Genesis has introduced its first electric vehicle (EV), the electric model of the G80 (“Electrified G80”) to the global market at the Auto Shanghai 2021, the company said in a press release on 19 April. This was Genesis’ first appearance at Auto Shanghai. The company also showcased for the fir...
    20-Apr-2021 News New Products
    Hyundai seeking to build partnership with Samsung SDI for EV batteries
    Hyundai Motor is looking to build a partnership with Samsung SDI, as it shifts to eco-friendly vehicles in the future, reports The Korea Times. Significance: The partnership comes at the right time as Hyundai Motor plans to source EV batteries and automotive components, while Samsung is a strong ...
    Toyota bZ BEV series launched
    Toyota Motor Corporation (Toyota) has launched ‘Toyota bZ,’ a new series of battery electric vehicles (BEVs), according to a company press release on 19 April. Toyota also unveiled a concept version of the Toyota bZ4X, which will be the first model in the bZ series, at Auto Shanghai Show in main...
    19-Apr-2021 News New Products
    Auto Shanghai 2021: NTN to exhibit ball bearing products for electrified vehicles
    NTN Corporation has announced that it will exhibit products pertaining to electrification, low fuel consumption, and higher efficiency at the Auto Shanghai 2021 held in Shanghai, mainland China, from 19 to 28 April, according to a company press release on 15 April 2020. These mainly include bearings...
    16-Apr-2021 News New Products
    Marelli, WHST collaborate on radar solutions aimed at ADAS applications
    Automotive supplier Marelli and a high-tech radar company headquartered in Wuhu mainland China, Wuhu SensorTech Intelligent Technology Co., Ltd. (WHST) have signed an agreement focused on radar sensors, devoted to advanced driver assistance systems (ADAS) and autonomous driving (AD) applic...
    16-Apr-2021 News New Products
    Posco to set up new lithium refining plant in Gwangyang, South Korea
    South Korean steelmaker POSCO anounced plans to build a plant in South Korea to extract lithium hydroxide, which is a key material for electric vehicle (EV) batteries, Yonhap News Agency reported on 14 April. POSCO’s board of directors have approved the plan to build a plant in the southern indust...
    16-Apr-2021 News Investments
    Samsung unveils PixCell LED module for headlight systems
    Samsung Electronics Co., Ltd. has unveiled ‘PixCell LED’, a new automotive LED module optimized for intelligent headlights, such as adaptive driving beam (ADB) systems, the company announced in a press release on 14 April. Leveraging Samsung’s longstanding expertise in semiconductor technology...
    16-Apr-2021 News New Products
    Auto Shanghai 2021: Toyoda Gosei to display steering wheel concept
    Japan-based Toyoda Gosei company will exhibit products for electrified vehicles and products related to autonomous driving in mainland China, at the Auto Shanghai 2021, according to a company press release on 12 April. The company will showcase a concept steering wheel module, which offers h...
    15-Apr-2021 News New Products
    GS Yuasa to expand HEV battery production capacity in Japan
    The Japanese battery supplier GS Yuasa plans to double its production capacity for lithium-ion (Li-ion) batteries in Japan, according to a report by electrive.com on 12 April. To this end, the company’s subsidiary Blue Energy is strengthening its production lines in Kyoto and building a second pla...
    14-Apr-2021 News Investments
    Yamaha Motor develops new hyper-EV electric motor
    Yamaha Motor Co., Ltd. has announced that it has developed an electric motor to cater to vehicles that need highest class in output density, according to a company press release on 12 April. This unit is aimed at application in “hyper-EV models” and offerings in the high-output mobility segment....
    13-Apr-2021 News New Products
    South Korea to invest USD22.6 million to accelerate hydrogen mobility
    The Science Ministry of South Korea has announced that it will be investing KRW25.3 billion (approximately USD22.6 million) over the next six years in order to bolster the country’s hydrogen mobility economy. According to a post published by South Korean news agency Korea Bizwire on 8 April, this ...
    12-Apr-2021 News New Products
    Yokohama Rubber supplies ADVAN Sport V107 tires for BMW’s iX3
    The Yokohama Rubber Co., Ltd. announced in a press release on 5 April 2021, that it is supplying its “ADVAN Sport V107” tires to the BMW’s new iX3, the first Sports Activity Vehicle (SAV) with an all-electric-drive system from the BMW brand. The tire supplier began shipping the tires to the BM...
    LG Energy, SK Innovation reach USD1.8 billion EV battery case settlement
    LG Energy Solution and SK Innovation announced that they have agreed to settle all legal disputes, which began in April 2019, relating to electric vehicle (EV) batteries in the United States and South Korea. In a press release issued on 11 April, the companies stated that the two companies agreed to...
    Toyota unveils new Mirai, Lexus LS models with advanced driver assistance technologies
    Toyota Motor Corp unveiled new models of Lexus and Mirai in Japan, equipped with Level 2 autonomous system. The new driving assist technology, or Advanced Drive will help in limiting the car in its lane, maintaining the distance from other vehicles, and changing lanes under the driver...
    09-Apr-2021 News New Products
    Posco to supply electrode materials for GM Ultium batteries
    The South Korean company Posco Chemical will supply anode and cathode materials to Ultium Cells, the joint venture (JV) between General Motors and LG Energy Solution for the series production of battery cells, according to a report by electrive.com on 7 April. Posco Chemical had signed a correspo...
    Ways2H, Japan Blue Energy complete hydrogen fuel facility in Tokyo
    Renewable hydrogen systems manufacturer Ways2H Inc. and its shareholder and technical partner Japan Blue Energy Co. have announced the completion of a manufacturing facility in Tokyo, Japan, that will convert sewage sludge into renewable hydrogen fuel, according to a Green Car Congress report. The p...
    06-Apr-2021 News Investments
    Panasonic appoints Yuki Kusumi as new CEO
    Yuki Kusumi has formally assumed the office as CEO of Panasonic effective 1 April 2021. Kusumi has also been appointed as president and representative director, an appointment that will be confirmed at the Ordinary General Meeting of Shareholders and the Board of Directors’ Meeting scheduled for 2...
    NSK develops third-generation ultra-high-speed ball bearing for EV motors
    Japan-based NSK Ltd. has developed a third-generation ultra-high-speed ball bearing for electric vehicle (EV) motors, according to a company press release on 1 April 2021. The new ball bearing is capable of operating at over 1.8 million dmN. The bearing is grease-lubricated deep groove ball beari...
    05-Apr-2021 News New Products
    Updated MINI app to be launched in 21 countries worldwide
    The MINI App—first introduced in July 2020 and launched in 33 markets (mainly in Europe), has been updated and now made available in the United States, Russia, Japan, Australia, and 17 other countries, and will be offered in Mainland China from April 2021, according to a company press release...
    01-Apr-2021 News Investments
    Renesas unveils new functional safety solution for ADAS cameras systems
    Renesas Electronics Corporation has introduced a new power and functional safety solution for systems based on the R-Car V3H system-on-chip (SoC) for advanced driver assistance systems (ADAS) automotive front cameras and driver monitor cameras. The new solution includes the RAA271050, a 42V synch...
    31-Mar-2021 News New Products
    Kia reveals new EV6 based on dedicated new EV platform
    Kia has revealed the new EV6, its first car based on the new dedicated electric vehicle (EV) platform according to a company press release on 30 March. The EV6 will be produced in South Korea and will hit the global markets starting the second half of 2021, with online reservations beginning from Ma...
    31-Mar-2021 News New Products
    Hyundai to idle Ulsan No.1 plant in South Korea due to semiconductor shortage
    Hyundai Motor is set to suspend production at its Ulsan No.1 plant in South Korea due to a shortage in semiconductors and components, Reuters reported on 29 March. The plant will be shut between 7 and 14 April. Supply issues reportedly involve front view camera systems for Kona SUV and power electri...
    DIVESTMENT: Kumho Tire to sell natural rubber processing plant in Vietnam
    Kumho Tire has announced that it will sell its natural rubber processing plant in Vietnam to focus on its core business, reports Yonhap. The development comes on the back of the South Korean tire-maker striking a deal with a joint venture between Korean automaker Hyundai Motor and Thanh Cong Group o...
    UNO MINDA increases stake in Tokai Rika Minda JV to 30%
    UNO MINDA has increased its stake in Tokai Rika Minda India Private Limited (TRMN) joint venture (JV) from 12.86% to 30%, the Indian supplier said in a regulatory filing on 24 March 2021. TRMN is JV company between UNO MINDA Group and Japan-based Tokai Rika Co. Ltd. Significance: TRMN is eng...
    NSK develops ultra-high-speed bearing for hybrids, EVs
    NSK has developed a new ultra-high-speed bearing ideal for electric vehicles (EVs), including battery electric, hybrid, and other new energy vehicles, according to a company press release on 18 March. The new bearing allows electric motors to operate at higher speeds, reducing power consumption per ...
    24-Mar-2021 News New Products
    Japanese automakers to assess impact on production due to fire at Renesas plant
    Japanese carmakers including Toyota, Nissan, and Honda are assessing the impact on vehicle production caused by a fire at Renesas Electronics’ chip making unit, Reuters reported on 22 March. The fire, at a time when the automotive industry is struggling to cope with the shortage in semiconductors,...
    Acconeer, Alps Alpine partner for sensing technology
    Radar sensor company Acconeer AB and Alps Alpine Co., Ltd. have signed a joint development agreement to develop next generation patented ‘Pulse Coherent sensors’, the latter announced in a press release on 18 March2021. The product is planned to be ready for production in 2024. The new sensin...
    22-Mar-2021 News New Products
    Foresight Autonomous sells QuadSight four-camera vision system prototype to Japanese supplier
    Foresight Autonomous has announced the sale of a prototype of QuadSight four-camera vision system to a Japanese tier-1 supplier of stereo vision systems for the automotive industry, according to a company press release on 19 March. The supplier will test the QuadSight thermal stereo capabilities to ...
    Hyundai and Shell deepen collaboration on clean energy solutions
    Hyundai has signed a new five-year ‘Global Business Cooperation Agreement’ with Royal Dutch Shell plc, the South Korean automaker said in a press release on 18 March. The agreement, which runs through 2026, marks the fourth extension of the partnership between the two companies. This time, both ...
    Japanese startup Ball Wave raises USD1.6 million in Series C funding
    Japanese startup Ball Wave Inc. has raised JPY181.44 million (USD1.6 million) in a Series-C funding round to support business expansion, according to a company press release on 8 March. In conjunction with this latest capital infusion, Ball Wave has also announced research and development (R&D) ...
    Asahi Kasei to ramp up LIB separator production capacity in Japan
    Asahi Kasei has announced that the company will increase production capacity for Hipore™ Li-ion battery (LIB) separator at its plant in Hyuga, Miyazaki, Japan, according to a company press release on 15 March. The Japanese supplier is investing JPY30 billion (around USD275 million) to expand capac...
    19-Mar-2021 News Investments
    Eye-Net completes first phase of pilot on accident prevention solution for Japanese OEM
    Foresight unit Eye-Net Mobile has successfully completed the first phase of a pilot project with a Japanese automaker, the company said in a press release on 12 March. The OEM reviewed the Eye-Net Protect accident prevention solution and concluded that it is a valid option for the safety traffic sys...
    Honda America plans to sell two electric SUVs in US in 2024
    Honda has announced plans to sell two all-electric sports utility vehicles (SUVs) in the United States for model year (MY) 2024 and will follow by offering hybrid gas-electric versions of its top-selling models, according to a report by Associated Press on 12 March. Honda of America sales chief Dave...
    15-Mar-2021 News New Products
    Kumho Tires plans USD297.8 million investment to nearly double capacity at Vietnamese plant
    Kumho Tire under ownership of China’s Doublestar Tyre has pledged USD297.8 million to nearly double the capacity at its tire plant in Vietnam to sustain exports to North America while avoiding hefty US tariffs, according to a regulatory filing. The company’s Chinese owner Doublestar also plan...
    15-Mar-2021 News Investments
    loading
    preload preload preload preload preload