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    The road ahead: Navigating the 2029 US AEB mandate and its impact on automotive safety
    The 2029 automated emergency braking (AEB) mandate, encapsulated in the Federal Motor Vehicle Safety Standard (FMVSS) No. 127, represents a pivotal shift in automotive safety standards in the United States, setting forth stringent requirements for advanced AEB systems to enhance vehicle safety. With a compliance date set for Sept. 1, 2029, this mandate aims to significantly reduce the incidence of rear-end collisions and pedestrian injuries by ensuring that vehicles can detect imminent threats a...
    Insights
    High demand from other industries signals a looming automotive semiconductor shortfall
    Recent public announcements from key players in the automotive and semiconductor industries have raised alarms about a potential chip shortage expected to hit in the later half of 2025 or 2026. A top executive from Continental has indicated that, based on current forecasts, the industry may face another round of semiconductor shortages around the third or fourth quarter of 2025. During its second-quarter earnings call, TSMC CEO C.C. Wei highlighted that the supply of advanced chips is unlikely t...
    Insights
    General Motors, Hyundai Motor sign MOU to explore collaboration across strategic areas
    General Motors and Hyundai Motor Co. have signed a non-binding memorandum of understanding (MOU) to explore future collaboration across key strategic areas as global carmakers chart out strategies to maintain market share and profitability amid the global transition to electric vehicles, the two companies said in a joint announcement on Sept. 12. The framework agreement was signed by Hyundai Motor Group Executive Chair Euisun Chung and GM Chair and CEO Mary Barra in New York, US. Whil...
    News
    Audi-SAIC's jointly developed EV to be unveiled in H2 2025
    Audi and its strategic partner from mainland China SAIC plan to reveal a jointly developed electric car concept in November, followed by the introduction of a mass production version in the second half of 2025, according to a news report published by CarNewsChina on Sept. 10. The report cited Fermín Soneira, CEO of the Audi and SAIC Cooperation Project. It further stated that the production of the said model is expected to take place at the SAIC-Volkswagen Anting plant in Shanghai. Notabl...
    News
    Lucid Showcases Gravity SUV with next-generation drive unit, Atlas
    During its Technology & Manufacturing Day in Casa Grande, Ariz., Lucid Group Inc., known for producing advanced electric vehicles, previewed the Lucid Gravity sport utility vehicle (SUV) and its pioneering technologies. Lucid announced that the SUV will be equipped with its next-generation Atlas Drive Unit, poised to enhance vehicle value with improved power density and efficiency, promoting a longer range and more cabin space while using fewer batteries. The drive unit is curre...
    News
    Indian auto component industry should aim for $100 billion exports by 2030, says Commerce and Industry Minister Piyush Goyal
    India’s Minister of Commerce and Industry Piyush Goyal has expressed confidence that the Indian auto component sector will reach exports to $100 billion by 2030, making the sector one of the leading job creators in the country. This represents a nearly fivefold increase over the $21 billion that the Indian auto components industry achieved in fiscal year 2023–24. Goyal made the remarks at the 64th annual session of the Automotive Component Manufacturers’ Association of India (ACMA)...
    News
    Toyota to cut down EV output to 30% below previous 2026 sales forecast
    Japanese automaker Toyota Motor Corp. has slashed its electric vehicle production plans for 2026 by about 30%, becoming the latest vehicle manufacturer to trim down its electric car production plans amid slowing demand for EVs globally, according to a news report published by Reuters on Sept. 6. The Reuters news report cited a report by the Nikkei business daily as the original source. It said that the world's biggest automaker has revised its plans to produce 1 million EVs in 2026, compar...
    News
    AutoTechInsight Weekly - 9 September 2024
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    News
    Equipmake launches an all-new electric motor with enhanced performance
    Equipmake, the electrification engineering specialist pioneering a range of integrated electrification products for the automotive and other industries, has launched a new heavy-duty electric motor with double the continuous power of its predecessor, the company announced Sept. 4. Equipmake’s new, next-gen HTM-3500 is a state-of-the-art e-motor, boasting the same peak figures of 3,500 Newton meters (N.m) and 400 kW as before, but crucially — and most importantly for duty cycles of heavy-d...
    News
    BMW and Toyota advance fuel-cell electric vehicle technology collaboration
    The BMW Group and Toyota Motor Corp. have officially announced that they are advancing their collaboration in the development of fuel-cell electric vehicle (FCEV) technology, with plans to launch new FCEV models for passenger cars. BMW announced its intention to introduce its first series production FCEV in 2028, offering an all-electric powertrain with zero local emissions. This move is part of both companies' commitment to the hydrogen economy and represents an elevation of their joint effo...
    News
    BMW begins pre-series production of new electric motors for next-generation EVs at Steyr, Austria, plant
    The BMW Group plant in Steyr, Austria, has started pre-series production of the new electric motor for its next-generation electric vehicles, the German premium carmaker announced Sept. 9. This one-year, pre-series production phase will serve to thoroughly test the production facilities and the produced motor before they can be manufactured for customer vehicles, the company said, adding that the first pre-series production of the next-generation electric motor marks two-thirds of the progres...
    News
    Protean Electric completes validation of groundbreaking in-wheel motor
    In a press release dated Aug. 27, Protean Electric announced that it has successfully completed the full validation program of its all-new ProteanDrive Generation 5 (Gen 5) in-wheel motor (IWM), which has emerged as an industry leader with a peak torque of 1,500 Newton meter Nm within an 18-inch IWM. The rigorous integrated validation program covered all relevant legislation, regulations, and original equipment manufacturer standards, involving tests on over 80 IWMs across 64 test programs, ulti...
    News
    Changan establishes a subsidiary company in Germany to expand presence in Europe
    Changan Automobile, a leading carmaker from mainland China, has set up a subsidiary company in Germany in an attempt to accelerate its expansion plans in Europe, according to a news report published by CnEVPost on Sept. 4. Changan's German subsidiary, Changan Automobile Deutschland GmbH, is officially registered in Munich, the report said, adding that the opening a new subsidiary is part of Changan’s ‘Vast Ocean’ strategy. It further mentioned that the new subsidiary company will foc...
    News
    Polestar appoints Jean-Francois Mady new CFO
    Swedish premium electric carmaker Polestar has appointed Jean-Francois Mady the new chief financial officer, effective Oct. 21, the company announced Sept. 3. Mady brings 25 years of experience from senior, leading roles in automotive finance and financial services across Europe, China, Asia and India. In his previous role, he was serving the Stellantis Group as the senior vice president of global accounting operations and finance transformation. He has also held several leadership roles at t...
    News
    2024 CEO Investor Day: Hyundai to double hybrid line up, expedite development of next generation batteries
    South Korean carmaker Hyundai Motor Co. plans to develop new hybrid powertrain technologies and deepen its future hybrid model pipeline in response to the decline in the global demand for battery-electric vehicles. At the 2024 CEO Investor Day held in Seoul on Aug. 28, Hyundai detailed its all-new ‘Hyundai Way’ strategy, which essentially entails responding to the dynamic market conditions. The ‘Hyundai Way’ strategy is split into three focus areas – namely Hyundai Dynamic Capabilit...
    Briefing
    Audi unveils third-generation Q5 sport utility vehicle, highlighting advanced features
    Audi has unveiled the next-generation Q5 midsize sport utility vehicle (SUV), equipped with several advanced functions and features, the company said in a press release on Sept. 2. The third-generation Q5 is built on the Premium Platform Combustion (PPC), like the new Audi A5, setting new standards with its efficient engines, modern connectivity and versatile space concept. The Q5's exterior adopts a dynamic design with a sporty Singleframe grille, sculpturally shaped headlights and dist...
    News
    IAA Transportation 2024: Opel to unveil hydrogen fuel cell-powered van
    The new Opel Movano HYDROGEN will be unveiled for the first time at the IAA Transportation 2024 in Hanover, Germany, later in September, Stellantis announced Sept. 3. The Amsterdam-headquartered carmaker said that Opel will showcase its all-new van powered by hydrogen fuel cells at the event slated from Sept. 16 to 22. With the new Opel Movano HYDROGEN, the company aims to demonstrate how an innovative drive concept with fuel cells can be combined with performance without compromise in work a...
    News
    US government announces $62 million investment in clean hydrogen industry
    The Biden-Harris administration, through the US Energy Department (DOE), has announced a significant investment of nearly $62 million to support the growth of the US clean hydrogen industry. This funding will be distributed across 20 projects in 15 states, aimed at accelerating the development and deployment of advanced clean hydrogen technologies. These initiatives are expected to enhance hydrogen fueling infrastructure, promote the use of hydrogen-powered equipment at ports and streaml...
    News
    Ford plans $273 million investment in Mexico plant to produce primary drive unit for Mustang Mach-E
    Ford will invest $273 million in its Irapuato plant in Guanajuato, Mexico, to produce primary drive units that integrate the electric motor and the transaxle of the propulsion system, MexicoNow reported Sept. 2. The primary drive unit will be used in the Ford Mustang Mach-E electric sports car, which is produced at Ford’s Cuautitlán Izcalli plant in Mexico and exported to more than 41 countries in the Americas, Europe and Australia. The Irapuato plant, also called Irapuato Electric Po...
    News
    Cummins to use Allison's Electrification Test Center for powertrain testing
    Allison Transmission, recognized for its expertise in fully automatic transmissions and electrified propulsion systems, has announced that Cummins Inc., a global leader in power solutions, will be utilizing its Vehicle Electrification + Environmental Test Center for conducting tests on several trucks equipped with Cummins' powertrains. This collaboration underscores the facility's capacity to support a diverse spectrum of vehicle testing, including those powered by diesel, gasoline, natural gas,...
    News
    BorgWarner to unveil clean transportation technologies at IAA Transportation 2024
    BorgWarner announced its participation in IAA Transportation 2024 to be held in Hanover, Germany, from Sept. 17 to 22, where it plans to showcase its latest innovations in clean transportation technologies. The company's exhibit will feature product advancements aimed at improving the sustainability of commercial transportation. A key highlight will be the debut of lithium iron phosphate (LFP) battery packs for commercial vehicles, a result of the recent collaboration between BorgWarner and F...
    News
    Exedy acquires shares in Kawamata Seiki to boost electric mobility development
    In a press release dated Aug. 28, Exedy announced that it has acquired a portion of the shares of Kawamata Seiki Co. Ltd., a company based in Kawamata Town, Date District, Fukushima Prefecture, led by Masayuki Tachino. This move is seen as a significant step toward enhancing the development of products for electric mobility, building on the firm's existing portfolio, which includes manual clutches, among other products. Kawamata Seiki, known for its comprehensive handling of various aspects o...
    News
    Ford recalls 90,736 vehicles over engine valve issue
    Ford is set to recall 90,736 vehicles due to an issue with engine intake valves that may break while driving, as announced by the National Highway Traffic Safety Administration (NHTSA) on Aug. 31. The recall affects a range of vehicle models from the 2021–2022 lineup, including the Bronco, F-150, Edge, Explorer, Lincoln Nautilus and Lincoln Aviator, specifically those equipped with either a 2.7 liter (L) or 3.0L Nano EcoBoost engine. In response to this issue, dealers are instructed to p...
    News
    AutoTechInsight Weekly - 2 September 2024
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    News
    Valmet Automotive spins off EV division into standalone company
    Valmet Automotive has announced the transformation of its Electric Vehicle Systems (EVS) business line into a standalone company, asserting its strategy to enhance business line independence and to capitalize on market evolutions and opportunities. Retaining ownership, Valmet Automotive establishes this new entity with distinct leadership and governance, marking a significant stride in its five-year journey of constructing a substantial battery business for the automotive industry.  To l...
    News
    California launches $500 million funding to accelerate switch to zero-emission school buses
    California has launched a new statewide funding program, granting $500 million to put 1,000 new, zero-emission school buses on the road, California Energy Commission (CEC) announced Aug. 28. According to the CEC press note, the program aims to distribute $500 million to school districts and other educational entities to replace aging school buses with zero-emission vehicles (ZEVs) and purchase needed infrastructure. The Zero-Emissions School Bus and Infrastructure program is accepting funding...
    News
    China Yuchai launches production in Thailand, marking global expansion
    China Yuchai International Ltd., a leading powertrain solution manufacturer operating primarily through its main subsidiary, Guangxi Yuchai Machinery Co. Ltd. in China, has announced the commencement of production operations at its Thailand-based subsidiary, Yuchai Machinery Power System (Thailand) Co. Ltd. This marks a significant milestone with the first K08 engine being produced and delivered to a customer from the Thailand facility. The event was attended by senior executives from ma...
    News
    Project GREENE kicks off in Europe to develop high-performance magnets
    Slovenia-based Jožef Stefan Institute (JSI) has kickstarted a project named GREENE, which stands for Single-Grain Re-Engineered Nd-Fe-B Permanent Magnets, with a funding of €8 million, as announced by Steinbeis Europa Zentrum, a German company that is part of the consortium behind the project, via a press note on Aug. 26. Steinbeis Europa Zentrum is a German consulting firm and a partner in the Enterprise Europe Network of the European Commission. The company is part of a consortium of 15 ...
    News
    Michael Lohscheller appointed as CEO of Polestar
    Polestar announced Aug. 28 that Michael Lohscheller has been appointed as the CEO of the Nasdaq-listed electric-car maker. Lohscheller, who has previously served as CEO of several popular brands such as Opel, VinFast and Nikola, will take charge of the new role with effect from Oct. 1. Lohscheller’s appointment comes as Thomas Ingenlath, who was serving as the CEO since Polestar's inception, has resigned. It is expected that Lohscheller, who is known for his skills in navigating competit...
    News
    Xpeng plans to produce EVs in Europe
    Mainland Chinese electric-car maker Xpeng Inc. is exploring the local manufacturing of electric vehicles in Europe, in order to bypass the recently imposed additional tariffs on the import of made-in-China EVs into the EU region, according to a news report published by Bloomberg on Aug. 26. According to the report, Xpeng is set to face an additional tariff of 21.3% over and above the regular duty of 10% that is applicable for all mainland Chinese EV makers. With its intent of setting up a ...
    News
    Toyota and BMW to expand fuel-cell vehicle collaboration
    Toyota Motor Corp. and BMW are reportedly planning to enhance their collaboration in the development of fuel-cell vehicles, as mentioned in a Nikkei Asia article. According to this report, the two automotive giants are poised to sign a memorandum of understanding regarding their partnership in the coming week, with an anticipated official announcement on Sept. 5. However, when approached for comments, a spokesperson from Toyota clarified that the Nikkei Asia report does not originate from an ...
    News
    Bekaert names Seppo Parvi as new CFO, succeeding Taoufiq Boussaid
    Bekaert has announced a significant transition in its financial leadership with the upcoming departure of its current CFO Taoufiq Boussaid on Oct. 31. Succeeding Boussaid, Seppo Parvi has been appointed as the new CFO and a member of Bekaert's group executive committee, effective Nov. 1. Parvi brings a wealth of experience from a distinguished international career in financial and operational leadership. Since 2014, Parvi has served as CFO, deputy to the CEO and Finland country...
    News
    Mainland Chinese carmaker GAC begins production of Quark electric drive 2.0
    GAC Motor, a leading mainland Chinese carmaker, has begun the production of its Hyptec brand’s Quark Electric Drive 2.0, which it claims is an electric vehicle motor with a top speed of up to 30,000 revolutions per minute, according to a news report published by Car News China on Aug. 23. The news report cited a press note released by the automaker in mainland China. Notably, the Hyptec brand was formerly known as Aion Hyper and is the performance EV marque for GAC. According to the repo...
    News
    Xpeng to enter strong growth phase with new model launches, says chairman
    Chinese electric-vehicle maker Xpeng Motors is expected to witness a strong growth phase mainly driven by the launch of several new vehicles, according to a news report published by Yicai Global on Aug. 21. The news report, which cited Xpeng Chairman and Co-founder He Xiaopeng, said that the company is charting a significant business expansion in mainland China, the world’s largest EV market, as well as in other foreign markets, which is expected to generate a sustainable sales growth for the ...
    News
    MG Motor explores importing EVs made in Thailand to Europe
    SAIC Motor-CP Ltd., a Thai subsidiary of the Chinese carmaker SAIC Group, which owns the MG Motor brand, aims to export electric vehicles under the MG brand to Europe, according to a news report published by a local publication Nation Thailand on Aug. 24. EV exports from mainland China to Europe are facing additional tariffs as high as 38% imposed by the European Commission amid an ongoing anti-subsidy probe on Chinese automakers. The EU alleges that low-cost EVs imported into Europe from mai...
    News
    Seres to acquire 10% stake in Huawei’s auto unit Newcool for $1.6 billion
    Seres Automobile plans to buy a 10% stake in Huawei’s automotive business Newcool for $1.6 billion, a news report published by CnEVPost on Aug. 25 said, citing a regulatory filing by the Shanghai Stock Exchange-listed Seres Group. Seres becomes the second automaker after Changan and CATL-backed Avatr Technology to have acquired a stake in Huawei's automotive business unit. According to the news report, the deal values Newcool at 115 billion yuan (about $16.13 billion), the same as it was...
    News
    Toyota launches new hydrogen fuel-cell hub in Beijing
    Toyota has initiated operations at its new hydrogen fuel-cell research and development hub and manufacturing base in Beijing. The project is a joint venture between Toyota and Beijing SinoHytec, a hydrogen fuel cell-engine maker, alongside United Fuel Cell System Research and Development Beijing, a consortium consisting of six companies including FAW Group, Dongfeng Automobile, GAC Group and BAIC Group, in addition to SinoHytec and Toyota itself. Spanning 44,000 square meters, the first ...
    News
    AutoTechInsight Weekly - 26 August 2024
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    News
    E-GMP platform helps Hyundai Motor Group EVs to pass safety crash tests
    Hyundai Motor Group’s battery-electric vehicles (BEVs) that are built on the company’s electric vehicle-dedicated platform, the Electric Global Modular Platform (E-GMP), are benefiting from receiving the highest safety crash test ratings given by the world's major crash safety assessments, according to a news report published by Autocar Professional on Aug. 26. The report mentioned that five BEVs from the Hyundai Group — the Genesis GV60, Hyundai Ioniq 5 and Ioniq 6, Kia EV6, and Kia EV...
    News
    Bharat Forge invests in subsidiary for EV sector expansion
    Bharat Forge has announced a strategic investment in its wholly owned subsidiary, Kalyani Powertrain Ltd. (KPTL), CNBCTV 18 reported Aug. 22. This move is aimed at bolstering Bharat Forge's presence in the electric vehicle and e-mobility solutions sector. KPTL specializes in power electronics solutions including DC-DC converters, traction controllers, onboard chargers, auxiliary inverters, combi inverters, vehicle control units and gear boxes. The company also supplies lead acid batteries for...
    News
    With a focus on profitability, Ford tweaks new model pipeline, sourcing strategy
    Ford Motor Co. announced Aug. 21 that the company is tweaking its new model pipeline and its battery sourcing strategy with a focus to bring down costs and improve the profitability of its electric vehicle business. These changes in Ford’s EV gameplan come at a time when global EV sales have slowed because of high acquisition costs and range anxiety among potential buyers, owing to the lack of adequate EV charging infrastructure. The slowdown in demand for battery-electric vehicle...
    Briefing
    In a major strategy shift, Zeekr plans to launch a hybrid car in H2 2025
    Geely Holding’s pure electric vehicle arm Zeekr plans to roll out a car with a hybrid propulsion system for the first time, marking a significant strategy shift in its global product roadmap. According to a news report published by CnEVPost on Aug. 21, Zeekr plans to launch its flagship sport utility vehicle (SUV) in the second half of 2025. The SUV will also be offered in an all-new electric-hybrid powertrain variant and will be powered by Nvidia's Drive Thor autonomous driving chip. ...
    News
    Stellantis begins EV production in Mexico
    Stellantis has commenced the production of electric vehicles at its Toluca plant in Mexico, according to a news report published by Mexico Now on Aug. 21. The new facility, which was established with an investment of $1.6 billion, is designed to build vehicles based on the new STLA Large platform, the report said, adding that the EVs produced at the site will contribute to further adoption of EVs in Mexico. According to another news report published by an online news portal Electrive on Aug. ...
    News
    Nuvera, Viritech collaborate on fuel-cell EV powertrain
    Nuvera Fuel Cells LLC, a leading developer of high-performance, zero-emission fuel-cell products, has signed a memorandum of understanding with Viritech Ltd., a UK-based developer of hydrogen powertrain solutions for automotive, to explore the possibility of collaborating to deploy and support Viritech’s VPT60N powertrain for on-road commercial vehicles, Nuvera said Aug. 13. Nuvera plans to supply its E-Series fuel-cell engines for integration testing with Viritech’s powertrain product li...
    News
    GAC Aion’s third plant begins production in Changsha, Hunan province in mainland China
    GAC Aion's car plant based in Changsha in central China's Hunan province has commenced production operations, with the second-generation Aion V being the first model to roll off the assembly line, according to a news report published by CnEVPost on August 21. The news report cited an update from GAC Aion, which is a wholly owned EV subsidiary of mainland China’s GAC Group. The carmaker’s new Changsha plant has an annual production capacity of 200,000 new energy vehicles (NEVs), and can...
    News
    European Commission revises tariffs on imported EVs from mainland China
    As part of its ongoing anti-subsidy investigation on electric vehicles imported from mainland China, the European Commission has now revised the duty rates based on the inputs received from interested parties on the provisional countervailing duties published earlier in July. In a note issued on Aug. 20, disclosing the revised tariffs to the Chinese vehicle manufacturers, the commission announced the revised countervailing duties mentioned below: a) BYD electric cars will attract a count...
    Briefing
    Mitsui launches Polska-Mit Steel in Poland to boost electrical steel production
    In a press release dated Aug. 15, Mitsui & Co. Ltd. announced the establishment of a new company, Polska-Mit Steel sp. z o.o. (PMS), in Skarbimierz, Poland, to address the growing global demand for electrical steel sheets. These sheets are crucial for manufacturing motor cores in various types of electric vehicles and transformer cores for power plants and substations. Slated to begin its operations in April 2026, PMS will operate a new processing facility aimed at bolstering the supply o...
    News
    Celadyne forays into heavy-duty vehicle market with durable fuel-cell systems
    Celadyne, an innovative hydrogen solutions company, plans to expand into heavy-duty systems with durable hydrogen fuel cells, the company announced Aug. 15. With this expansion, Celadyne will be supporting the likes of General Motors (GM) and its fuel-cell roadmap, enabling its new hydrogen-efficient approach to electric vehicles, it said. The company is known for developing advanced technologies that effectively convert hydrogen to usable energy through compact, easy-to-use fuel cells that s...
    News
    AutoTechInsight Weekly - 19 August 2024
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    News
    Ford recalls 85,000 Explorer Police Interceptors over fire risk
    Ford is recalling nearly 85,000 Explorer sport utility vehicles (SUVs) equipped with the Police Interceptor Utility (PIU) package due to the risk of premature engine failure that could potentially lead to fires. This recall covers vehicles from the 2020 to 2022 model years equipped with 3.3-liter hybrid or gasoline engines. According to the National Highway Traffic Safety Administration (NHTSA), in affected vehicles, the engine failure may cause significant amounts of engine oil or fuel vapor...
    News
    Stellantis temporarily shuts down Trenton Engine Complex in US orver rising inventories
    Stellantis will suspend manufacturing operations at its Trenton Engine Complex in Michigan, US, for a week to deal with rising inventories, The Detroit News reported Aug. 15. The plant builds V-6 Pentastar engines used in vehicles sold by Ram, Chrysler and Jeep brands. The temporary suspension will affect over 600 hourly and salaried employees across two shifts. The decision comes as Stellantis struggles with a surplus of nearly 20,700 engines ready for deployment. The measure is part of...
    News
    Funding must continue for the development of FCEV ecosystem
    While many initiatives aim to boost FCEV adoption, most focus on commercial and heavy-duty vehicles, where FCEVs are better suited for long hauls compared to battery-electric vehicles (BEVs). In the light-vehicle segment, ‎the lack of hydrogen fueling stations is a significant barrier to widespread adoption. Building a comprehensive network of stations requires substantial investment. Moreover, FCEVs are currently more expensive than BEVs, mainly due to the high cost of fuel cells. Continui...
    Insights
    Hyundai plans to develop range-extending powertrain for pickup trucks, sport utility vehicles
    South Korean carmaker Hyundai Motor Group plans to develop a next-generation range-extending powertrain for its pickup trucks and sport utility vehicles (SUVs) amid a global slowdown in the demand for electric vehicles, according to a news report published by The Korea Economic Daily on Aug. 13. Citing unnamed industry sources aware of the matter, Hyundai Motor Group has begun a project to develop a fuel-based auxiliary power unit that extends the range of a battery-electric vehicle (BEV) by ...
    News
    Polestar begins production of its luxury SUV Polestar 3 in the US
    Swedish electric performance carmaker Polestar has commenced the production of its luxury SUV, Polestar 3, at its manufacturing facility in South Carolina, USA, making the model the first Polestar EV to be produced on two continents, the company announced on August 14. According to the company, its factory in South Carolina produces cars for customers in the US and Europe, complementing existing production in Chengdu, mainland China. Commenting on the milestone, Thomas Ingenlath, Polestarâ...
    News
    Mahle to unveil bionic high-performance fan at IAA Transportation 2024
    At the IAA Transportation 2024 in Hanover, Germany, Mahle is set to introduce a groundbreaking bionic high-performance fan for commercial vehicles, with a design inspired by the owl's wings, known for their quietness. This fan stands out for significantly reducing noise levels in fuel cell and battery-electric vehicles, slashing fan noise by up to 50% or approximately 4 decibels A (dB[A]). The design, optimized with AI, improves upon traditional fans by offering a 10% increase in ef...
    News
    Chinese automaker Dongfeng Motor Group plans to build a car plant in Italy
    Dongfeng Motor Group, a leading vehicle manufacturer from mainland China, plans to build a car plant in Italy as talks between the company and the Italian government have moved to an advanced stage, according to a news report published by Reuters on Aug. 6. The news report cited sources based in Italy who are aware of the matter. It said that the ongoing negotiations between the Italian government and Dongfeng Motor are part of Italy’s efforts to attract investments from another major au...
    News
    Thailand BOI offers incentives to encourage JVs in automotive parts sectors
    The Board of Investment (BOI) of Thailand has approved measures to encourage joint ventures between Thai and foreign companies in the automotive parts industry, aiming to elevate technology and innovation development, and seize opportunities in the global supply chain. This initiative aims to foster business opportunities, enabling Thai manufacturers to advance automotive part technology to meet modern automotive needs. The measures cover both internal combustion and electric vehicle par...
    News
    ZF expands electric car axle drive manufacturing capacity at Saarbrücken, Germany
    ZF plans to expand capacity at its manufacturing plant in Saarbrücken, Germany, by adding two more electric car axle drives to its local production operations, the company announced Aug. 8. The move is aimed at preparing the ZF site to react in a timely and more flexible manner to market developments. The capacity expansion is financed, among other sources, by the Future Fund, which ZF launched together with employees in 2022. The Saarbrücken-based production plant is one of the largest ...
    News
    AZL Aachen launches project on composite fiber sleeves for electric motors
    AZL Aachen GmbH, based in Aachen, Germany, has unveiled a joint partner project to develop composite fiber reinforcement sleeves for electric motors, addressing the demand for more efficient, powerful and compact electric motors in mobility and industrial sectors. The nine-month project, named Rotor Sleeves for Electric Motors: Potentials for Composites Materials and Technology, aims to explore the current and future applications of electric motors, focusing on the armoring sleeves' requirements...
    News
    AutoTechInsight Weekly - 12 August 2024
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    News
    AAM’s Q2 net income more than doubles to $18.2 million
    American Axle & Manufacturing (AAM) has announced that its net income more than doubled to $18.2 million in the second quarter ended June 30, 2024, compared with $8 million during the same period in 2023, according to the company’s press release on Aug. 9. Operating income increased 49.6% year over year to $86.5 million. The US-based supplier recorded strong growth in earnings as net sales increased 3.9% year over year to $1.6 billion. Sales in AAM’s Driveline business increased ...
    News
    Cyclic Materials partners with Synetiq to recycle rare earth elements from electric motors
    Cyclic Materials, a company specializing in the advanced recycling of rare earth elements and critical metals, has established a collaboration agreement with Synetiq, an IAA company and the leading integrated vehicle salvage and recycling company in the UK, to recycle electric motors that contain rare earth elements. This agreement, which is Cyclic Materials' first overseas feedstock contract, involves the supply of drive motors from hybrid and electric vehicles, as well as auxiliary motors from...
    News
    Linamar's Q2 sales rises 11.6% year over year to $2.8 billion
    Linamar has reported an 11.6% year-over-year increase in sales to $2.85 billion in the second quarter ended June 30, 2024, the company said in a press release on Aug. 8. Higher sales helped the company record a 26.8% year-over-year increase in operating earnings to $271.5 million and a 29% year-over-year growth in net income to $174.1 million. In the first six months of 2024, Linamar reported a 15% year-over-year growth in sales to $5.6 billion. The company recorded operating earnings of $540...
    News
    BMW recalls over 100,000 vehicles in US due to starter issue
    BMW is recalling 105,558 vehicles in the US due to a potential issue with the starter motor, which could overheat and fail to start. The recall affects the model years 2019–2020 BMW X5 and X7; model year 2020 BMW 3 Series, 8 Series and X6; and model years 2020–2021 BMW 7 Series. According to BMW, in certain cases where the engine starter had some mechanical damage, the engine could not be turned on. “If the driver repeatedly attempts to start the engine using excessively long starting a...
    News
    Hyundai plans to invest $28 million in Thailand for assembling EVs, batteries
    South Korean carmaker Hyundai Motor Co. plans to invest 1 billion baht (about $28 million) to set up an assembly plant for electric vehicles and EV batteries in Thailand, according to a news report published by a local news outlet Bangkok Post on Aug. 7. The report cited a statement released by Thailand’s Board of Investment (BOI). Hyundai’s planned EV assembly plant, which will be located southeast of the capital city of Bangkok, is expected to commence production operations in 2026, the...
    News
    BYD deepens model offensive in Chile as part of its global expansion strategy
    Continuing with its aggressive global expansion strategy, Chinese electric-vehicle maker BYD has further deepened its EV portfolio by launching its compact electric sport utility vehicle (SUV) Yuan Up in Chile, according to a news report published by CnEVPost on Aug. 7. The electric-car maker, which is competing neck-to-neck with Tesla, recently launched the Yuan Up EV in the Chilean capital of Santiago. The new model becomes the ninth model offered by BYD in Chile, the report said, citing a ...
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    BASF Catalysts launches new research, development and application lab in India
    BASF Catalysts India Pvt. Ltd. (BCIL), a subsidiary of BASF Environmental Catalyst and Metal Solutions (ECMS), has opened a new research, development and application (RD&A) laboratory at its facility in Mahindra World City, Chennai, Tamil Nadu, India. The RD&A lab will focus on the development of emissions-control catalysts specifically designed for the Indian automotive market. “This new RD&A lab will enable the development of market-specific catalyst formulations that mee...
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    Continental’s Q2 net income rises 46.2% year over year to €305 million
    Continental has reported a 46.2% year-over-year increase in net income to €305 million in the second quarter ended June 30, 2024, according to a press release by the Germany-based supplier on Aug. 7. Sales dropped 4.1% year over year to €10 billion. Despite lower sales, the company recorded adjusted earnings before interest and taxes of €704 million, up 40.6% year over year, resulting in an adjusted EBIT margin of 7% compared to 4.8% during the second quarter of 2023. Sales declined in ...
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    Exedy acquires shares in Pre-EV Mobility, making it a subsidiary
    In a press release dated Aug. 6, Exedy announced that it has acquired shares in Pre-EV Mobility Co. Ltd., a company based in Yamagata City, Yamagata Prefecture, Japan, which specializes in the development of electric drive systems for commercial vehicles. This acquisition has effectively made Pre-EV Mobility a subsidiary of Exedy. Established in 2022 with the aim of solving electric trucks' challenges and contributing to carbon-neutrality realization, Pre-EV Mobility is engaged in busine...
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    Neo Performance secures major deal with European EV supplier
    In a press release dated Aug. 6, Neo Performance Materials has announced that its subsidiary, NPM Narva OÃœ, known as Magnequench Sintered Magnets, has secured a contract to supply sintered rare earth magnets to a top European tier 1 electric vehicle traction motor supplier. Projected to run from the second half of 2026 through 2033, with peak supply expected in 2029, this collaboration validates Neo's capability to meet intricate customer requirements, reaffirming its leading position...
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    Denso signs manufacturing license agreement for SEOC cell stacks with Ceres Power Holdings
    Denso Corp. has signed a manufacturing license agreement with Ceres Power Holdings, a leading developer of solid oxide cell-stack technology, with plans to advance early practical application of solid oxide electrolysis cells (SOECs) that produce hydrogen through water electrolysis, the Japanese company announced Aug. 6. Notably, SOEC is a device that operates at high temperatures using a ceramic membrane as an electrolyte to electrolyze water vapor and produce hydrogen. While there are ...
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    Knorr-Bremse sells GT Emissions Systems to optimize portfolio
    Knorr-Bremse AG is advancing its portfolio optimization strategy by selling its GT Emissions Systems subsidiary, a move aimed at enhancing the strategic fit and performance within its Commercial Vehicle Systems division. The transaction aligns with Knorr-Bremse's BOOST 2026 program, representing the third successful disinvestment this year as part of efforts to ensure long-term, profitable growth through strategic initiatives and measures. This sale signifies Knorr-Bremse's commitment to re...
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    Geely invests £120 million into UK’s LEVC
    Chinese carmaker Geely has invested £120 million in LEVC, the UK-based manufacturer of London’s famous black cabs, according to a news report published by the UK edition of the Yahoo Finance portal on Aug. 5. The move aligns with the Chinese carmaker’s efforts to continue expanding its presence in the UK’s EV market. Citing regulatory filings, the report said that Geely had invested £70 million into its Coventry, UK-based subsidiary in October 2023, and recently invested another tr...
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    Foxconn breaks ground on EV plant in Zhengzhou, mainland China
    Taiwan’s Hon Hai Precision Industry, also popularly known as the Foxconn Technology Group, broke ground on its electric vehicle manufacturing facility in Zhengzhou, the capital of Henan province in mainland China, according to a news report published in South China Morning Post on July 24. The report cited an announcement made by the provincial government on its official website. It mentioned that the upcoming EV manufacturing plant in Zhengzhou, where the company also operates the world...
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    BorgWarner secures largest eFan contract in North America
    BorgWarner, known for its innovative and sustainable mobility solutions, has recently secured its largest eFan business contract in North America. This contract involves providing a high-voltage eFan system for a series of heavy- and medium-duty battery-electric vehicles (BEVs) by a major global original equipment manufacturer in North America, with production set to begin in the fourth quarter of 2027. The eFan system, which includes a fan, e-motor and integrated high-voltage inverter, ...
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    Solvay leads Europe's move toward rare earth self-sufficiency
    Solvay, under the leadership of CEO Philippe Kehren, is positioning itself as a pivotal player in Europe's strategic shift toward self-sufficiency in the production of permanent magnets, currently dominated by imports from China. Solvay is actively engaging with major European car manufacturers and turbine-makers to secure support from the entire value chain, indicating a collaborative approach toward enhancing Europe's capabilities in this critical sector. The company is also in advanced dis...
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    AutoTechInsight Weekly - 5 August 2024
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    Hyundai recalls 49,700 Santa Fe, Santa Fe Hybrid SUVs in US over airbag issue
    Hyundai is recalling more than 49,700 Santa Fe and Santa Fe Hybrid sport utility vehicles (SUVs) in the US to fix an issue that can compromise the functioning of airbags. The recall affects the model year 2024 Santa Fe and Santa Fe Hybrid. In affected vehicles, the main floor wiring harnesses may become damaged due to friction with the passenger side second-row bench seat assembly. The damage to the wiring harness may cause the airbags to deploy unintentionally or in the event of a crash, not...
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    BYD evaluating entry into the Canadian market
    Mainland Chinese automaker BYD is evaluating its plans to enter the Canadian automotive market even as the North American country explores the possibility of imposing tariffs on the import of electric vehicles from mainland China, according to a news report published by CnEVPost on July 31. The report cited Reuters as the original source and added that BYD divulged its plans to enter Canada through a regulatory filing made earlier in July. The report mentioned that while the filing di...
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    Aisin and BMW Group forge partnership for e-axles production
    Aisin Corp. has entered into a strategic partnership with the BMW Group, where they will collaborate on the production of build-to-print e-axles, based on a design provided by BMW. This partnership is predicated on the long-standing relationship between Aisin and BMW, through which Aisin has previously supplied the car manufacturer with key components such as automatic transmissions and variable valve timings (VVTs). This new step in their collaboration will see Aisin producing e-axles i...
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    BorgWarner wins order for electric cross differential technology from three OEMs
    BorgWarner has announced contracts with three major original equipment manufacturers, including GAC Motor, a global East Asian OEM and a global OEM based in Europe, to supply its electric cross differential (eXD) technology, aimed at enhancing vehicle traction, handling and stability for a variety of battery-electric vehicle (BEV) applications such as sports cars, premium sedans and hatchbacks. Production for GAC Motor has already commenced, with production for the other OEMs set ...
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    First Hydrogen Corp. expands into global markets with new fuel-cell electric vehicle model
    First Hydrogen Corp., based in Vancouver, British Columbia, is set to broaden its global market reach by configuring a left-hand drive (LHD) model of its green hydrogen-powered fuel-cell light commercial vehicle (FCEV), following four successful trials in the UK. This new model will enable the company to enter markets in the US, Mexico, South America and particularly Europe, where the EU is actively diversifying energy sources away from fossil fuels. The European Commission has approved ...
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    Renault’s EV unit Ampere appoints Anne-Catherine Brieux as vice president of Industrial Operations
    Renault’s electric vehicle unit Ampere has appointed Anne-Catherine Brieux as the new vice president for Industrial Operations with effect from Aug. 1, the company announced July 26. With the new appointment, Brieux, who is currently serving the French carmaker as vice president of Quality Strategy, Suppliers and Development, becomes a member of the Ampere leadership team. In her new role, she will report to Ampere CEO Luca de Meo. Brieux is slated to take over from Luciano Biondo, ...
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    After Xiaomi, Chinese smartphone-maker Meizu plans to roll out electric cars
    After Huawei and Xiaomi, yet another smartphone-maker from mainland China, Meizu, plans to venture into the electric vehicle business, according to a news report published by online automotive news portal CarNewsChina on July 26. Citing Liao Qinghong, Meizu’s COO, the report mentioned that the smartphone-maker plans to launch Meizu Automobile, the company’s EV unit, later in 2024, and that its products will have a different functional performance from traditional car original equipment ma...
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    Mitsubishi Motors in talks to join Nissan-Honda’s strategic partnership
    Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, according to a news report published by Nikkei Asia on July 28. The report mentioned that the move has the potential to consolidate Japan’s domestic automotive market into two major forces — Toyota Motor Group and the Honda-Nissan-Mitsubishi alliance. The move is also expected to create a partnership between automakers that have a combined global sales of more than 8 million vehicles. As part of ...
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    AutoTechInsight Weekly - 29 July 2024
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    Xiaomi acquires new land parcel in Beijing to expand EV production capacity
    The electric vehicle subsidiary of consumer electronics giant Xiaomi has acquired a new land parcel in Beijing to expand its production capacity under the second phase of its EV project, according to a news report published by CnEVPost on July 26. The report mentioned that the newly acquired land parcel is in close proximity to the site where its existing EV factory is located. The said land parcel, which is located in the Yizhuang development zone in southeastern Beijing, was acquired by the...
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    Allison Transmission and Cummins partner on innovative natural gas engine project
    In a press release dated July 24, Allison Transmission announced that it has partnered with Cummins for testing and validating the Cummins X15N 15-liter natural gas engine in conjunction with Allison's 4000 Series fully automatic transmission. Demonstrating the success of this partnership, Sandman, a bulk cement-hauling fleet based in San Jose, Calif., reported outstanding results from over 50,000 miles of field testing. This testing involved a Peterbilt tractor equipped with the mention...
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    Toyota to replace engines in more than 100,000 Tundra pickups, Lexus LS SUVs
    Toyota has decided to replace the 3.5-liter, twin-turbo V6 engines in approximately 102,200 Tundra pickups and Lexus LX sport utility vehicles (SUVs) in North America with new engines, according to a report by The Drive on July 25. The affected vehicle owners will receive the new engines at no cost. In May, Toyota issued a voluntary recall of certain model year (MY) 2022 and 2023 Tundra and Lexus LX models after identifying that machining debris may find its way inside the engine, leading to ...
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    Indian auto component industry’s turnover rises 9.8% year over year to $74.2 billion in FY 2023/24
    The Automotive Component Manufacturers Association of India (ACMA) has released the findings of its Industry Performance Review for the financial year 2023/24, ended March 31, 2024. According to the association, which represents more than 900 auto parts suppliers, the turnover of the industry increased 9.8% year over year to 6.1 trillion rupees (about $74.2 billion). The domestic market's component supply to original equipment manufacturers grew by 8.9%, totaling 5.18 trillion rupees. Exports...
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    Renault to produce new Twingo EV at its Slovenia factory, signs MOU to get government support
    Renault has signed a memorandum of understanding (MOU) with the government of Slovenia for securing potential grants and incentives for local development and production of the Renualt Twingo E-Tech models in the French carmaker’s Novo Mesto, Slovenia, factory, a press note issued by the government of Slovenia said July 24. The MOU was signed by Slovenian Prime Minister Robert Golob, who was accompanied by Minister of the Economy, Tourism and Sport Matjaž Han, and senior executives fro...
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    Stellantis ready to compete in Europe’s intensifying EV market, says Carlos Tavares
    Stellantis is ready to compete for its place in Europe’s intensifying electric vehicle market against strong competition from Chinese automakers, a news report published by Reuters on July 23 said, citing CEO Carlos Tavares. Tavares was speaking to the media on the sidelines of the new EV production line in Serbia, which had signed a $206.9 million deal with Stellantis in 2022 for EV production at the company’s local car factory in Kragujevac. Serbia, which is pushing to become a key E...
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    Zeekr mulls producing EVs in Europe to avoid tariffs
    Premium electric-car maker Zeekr is evaluating the possibility of producing cars in factories linked to its parent Zhejiang Geely Holding Group Co. in Europe to avoid the new provisional tariffs imposed by the European Commission on electric vehicle imports from mainland China, according to a news report published by Bloomberg on July 19. Notably, all of the premium Zeekr EV models are currently manufactured in mainland China and face a 19.9% provisional duty on imports into the EU. Earlier, ...
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    Toyota West Virginia begins production of fifth-generation hybrid transaxle
    Toyota West Virginia has initiated the production of the fifth-generation hybrid transaxle, marking a significant step in Toyota's commitment to electrification and sustainable employment. This advancement comes following over $300 million in investments made in 2021 and 2022 at the Buffalo, W.Va., facility. David Rosier, the plant's president, emphasized the role of the facility's team members in achieving this milestone, which underscores Toyota's dedication to maintaining job stabilit...
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    General Motors delays restart of its Orion assembly plant
    General Motors (GM) plans to delay the restart of its electric vehicle manufacturing plant in Orion Township in Michigan, US, on account of a slowdown in the demand for EVs, according to a news report published by Detroit Free Press on July 23. Citing CEO Mary Barra, who spoke on the sidelines of the carmaker’s second-quarter earnings call, the report mentioned that GM plans to reopen its Orion assembly facility as a battery-electric truck plant in mid-2026. Notably, the new timeline i...
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    Futronic to invest $17 million in first US production facility to supply Tesla
    Futronic, a South Korea-based transmission and powertrain parts supplier, is planning to invest $17 million in its first production facility in the US to supply Tesla. The company will establish the production facility in Buda, nearly 20 kilometers away from Tesla’s Gigafactory Texas. Futronic is considering an existing 66,250-square-feet industrial property on Business Park Drive. The building is estimated to cost the South Korean supplier about $11 million. Futronic plans to hire 200 work...
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    China’s Windrose plans to build electric trucks in the US
    Chinese electric-truck maker Windrose plans to set up an assembly plant in the US to assemble its semitrucks for delivery from 2025, according to a news report published by Reuters on July 23. The report cited Windrose Founder and CEO Han Wen, who disclosed the company’s plans in an interview with the news agency. The move, which would directly challenge Tesla in its home market, underscores a potential relook by Chinese vehicle manufacturers after former US President Donald Tr...
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    EU holds hearing on additional tariffs imposed on SAIC on carmaker’s request
    The EU held a hearing on additional tariffs imposed on electric vehicle imports from mainland China at the request of SAIC Motor Corp. on July 19, according to a news report published by CnEVPost on July 22. The report mentioned that the mainland Chinese automaker submitted its defense against the additional tariffs implemented by the European Commission. The hearing on the EU anti-subsidy investigation was held at the European Commission headquarters in Brussels at the request of SAIC, th...
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    Karma Automotive to showcase new product lineup at Monterey Car Week
    During the Monterey Car Week in August, Karma Automotive will unveil the Karma Kaveya super-coupe's production-ready interior and the global premiere of the "GT-UV" Design Study, revealing Karma's plans to pioneer a new vehicle segment. Additionally, the Karma Gyesera four-seater will also be presented, showcasing the company's commitment to innovation and luxury. The Karma Kaveya will be later displayed at the Monterey Motorsports Festival, demonstrating its hybrid electric and ICE powertrai...
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    Ford plans to continue selling combustion vehicles in Europe beyond 2030
    Ford Motor plans to continue selling combustion vehicles in Europe beyond 2030, as it now views its earlier target of going all-electric by 2030 "too ambitious," according to a news report published by Autocar on July 19. The report mentioned that the US carmaker now plans to continue offering a range of hybrid vehicles in light of uncertainty around electric vehicle demand and legislation. The publication, which spoke to Marin Gjaja, COO of Ford’s Model E electrification division, repor...
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    ZF announces changes in senior management team
    ZF has announced changes in its senior management team, according to a company’s press release on July 15. Stephan von Schuckmann will step down from the board of management by July 31 due to family reasons, at his own request. In his absence, ZF CEO Holger Klein will be responsible for Electrified Powertrain Technologies. Klein will also oversee ZF's business in the Asia-Pacific region. Another board member, Prof. Peter Laier, will assume von Schuckmann's duties for Material Management. ...
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    Ford plans to assemble F-Series Super Duty pickups at its Ontario plant in Canada
    In an attempt to expand production of one of its most popular and profitable vehicles, Ford Motor Co. plans to assemble F-Series Super Duty pickups at its Oakville Assembly Complex in Ontario, Canada, starting in 2026, the carmaker announced July 18. The move to add production of up to 100,000 units of its best-selling Super Duty to Oakville expands Super Duty production across three plants in North America, including the Kentucky Truck Plant and Ohio Assembly Plant, which are operating at fu...
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