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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
    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
    AutoTechInsight Weekly - 2 September 2024
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    News
    JLR recalls nearly 2,800 Jaguar I-Pace electric SUVs in the US over fire risk
    Jaguar Land Rover (JLR) is issuing a recall notice for 2,760 Jaguar I-Pace electric sport utility vehicles (SUVs) in the US from the 2019 model year due to a risk of battery fires, advising owners to park their vehicles outdoors and away from any structures. This recall is attributed to problems with the electric SUVs' high-voltage battery, which can overheat and potentially lead to fires. JLR has identified the need for a new remedy despite conducting three previous recalls for similar issue...
    News
    BMW recalls more than 12,500 Mini Cooper SE electric hatchbacks in US due to fire risk
    BMW’s MINI brand is recalling 12,535 Cooper SE electric hatchbacks due to a fire risk, according to a report by Green Car Reports. The recall covers the Cooper SE electric hatchbacks from the model years 2020 through 2024. In affected vehicles, a manufacturing issue could cause a short circuit in the battery pack, leading to a risk of fire. According to BMW’s documents, submitted to the National Highway Traffic Safety Administration (NHTSA), the affected Cooper SE electric hatchbacks may ...
    News
    Rheinmetall wins major contract for exhaust gas recirculation valves
    Rheinmetall, a technology group, has secured a significant contract to produce exhaust gas recirculation (EGR) valves for a prestigious car manufacturer starting from January 2026 through December 2031. This six-year contract, confirmed in June, is valued at a low three-digit million euro sum. The agreement also encompasses a 15-year supply of spare parts following the end of valve production, ensuring Rheinmetall's production capacities are fully utilized until 2031. As a tier 1 supplier,...
    News
    Hyundai and Kia unveil new temperature control technologies
    At the Heat Tech Day event, held in Seoul, South Korea, Hyundai Motor Co. and Kia Corp. unveiled three advanced technologies aimed at enhancing vehicle interior temperature control for improved passenger comfort and energy efficiency. The technologies included Nano Cooling Film, Radiant Heating System and Metal-Coated Heated Glass. Each offers distinct benefits, from significantly reducing interior temperatures and rapidly warming passengers, to quickly removing frost or moisture from ...
    News
    AutoTechInsight Weekly - 26 August 2024
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    News
    Hyundai, Kia report zero fire incidents due to overcharging their EVs
    Dismissing claims that overcharging electric vehicles could be the potential reason for a fire incident, South Korean carmaker Hyundai Motor and its subsidiary Kia emphasized the fire-safety capable battery management system (BMS), according to a news report published by The Korea Herald on Aug. 15. The news comes at a time when recent EV fire incidents are spreading fear among buyers in South Korea, with many pointing fingers at overcharging as one of the reasons behind the accidents. Cit...
    News
    SES AI’s lithium metal battery cells pass Chinese EV battery safety tests
    SES AI Corporation, a leading lithium-metal battery technology company, announced on August 12 that its 100 Ah Li-Metal cells for automotive applications became the first in the industry to successfully pass safety tests required by mainland China’s GB38031-2020 Electric Vehicles Traction Battery Safety Standard. The battery company views this milestone as a major step in the commercialization of its next-generation battery technology. It said that this certification is used by all of its e...
    News
    AutoTechInsight Weekly - 19 August 2024
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    News
    Modine launches new thermal management solutions for heavy-duty EVs
    Modine, a diversified global company recognized for its thermal management technology and solutions, recently announced the release of its new EVsantage electric compressor and valve product lines, specifically designed to meet the demanding operational needs of heavy-duty electric vehicles. These components, which include the EVsantage High Voltage (HV) Electric Compressor and the EVsantage 3-Way Coolant Valve, are tailored for optimizing thermal management in various aspects of heavy-duty EVs,...
    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
    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
    AutoTechInsight Weekly - 12 August 2024
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    News
    Hanon Systems unveils 4th-generation heat pump for EVs
    Hanon Systems, a company specializing in automotive thermal and energy management solutions, has announced the development of the world's first 4th-generation heat-pump system designed for electric vehicles. This innovative system distinguishes itself through several key advancements aimed at enhancing the performance and efficiency of thermal management in EVs. One of the new system's primary features includes refrigerant and coolant components modularization, which not only reduces the over...
    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
    Nissan trials 'cool paint' technology that reduces ambient cabin temperature
    Nissan is conducting trials of an innovative paint that helps to reduce the ambient cabin temperature in summer, and to reduce the energy usage of the air-conditioning system, the Japanese automaker said in a press release on Aug. 6. The company has developed this paint with Radi-Cool, a specialist in radiative-cooling products. The innovative paint includes metamaterial, synthetic composite materials with structures that exhibit properties not usually found in nature. This innovative pa...
    News
    AutoTechInsight Weekly - 5 August 2024
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    News
    Webasto sales rises 7% year over year to €4.6 billion in 2023
    The Webasto Group reported a 7% year-over-year increase in sales to €4.6 billion in the financial year ended Dec. 31, 2023, the company said in a press release on July 29. Of this total, the highest €3.7 billion, equivalent to 80% of the total, came from the Roof System business area. Webasto generated the other €900 million from the Electrification business area that comprises battery systems, heating and cooling solutions, and thermos management solutions. The company recorded robust gro...
    News
    AZL consortium launches projects on battery casings for electromobility
    The AZL industry consortium is embarking on two new projects aimed at advancing the development of battery casings for electromobility. Building on their previous collaboration with 79 partners, these projects will focus on casing design for future cell technologies and simulation methods for thermal and mechanical loads during thermal runaway events. Companies interested in joining, including Audi AG, Magna Steyer Fahrezugtechnik GmbH & Co. KG, Posco and Syensqo, have until Sept. 11 to b...
    News
    BorgWarner secures contracts for EGR coolers with North American commercial vehicle customer
    BorgWarner, known for its innovative and sustainable mobility solutions, has recently expanded its thermal management product business by securing contracts for exhaust gas recirculation (EGR) coolers with a notable commercial vehicle customer based in North America. Production of these EGR coolers is scheduled to begin in the fourth quarter of 2027, with plans to incorporate them across various commercial vehicle applications. BorgWarner will provide two variations of its EGR cooler, fe...
    News
    Storedot expects XFC batteries to debut in premium EVs
    StoreDot, the Israel-based extreme fast-charging (XFC) battery technology company, expects that its innovative XFC silicon technology will initially debut as a premium offering in high-end electric vehicles, before eventually becoming a mainstream feature required by all EV customers, the company said in a press note on July 24. The company said that customer expectations of shorter charging times and longer driving ranges from their EVs will drive the demand for its XFC battery technology, w...
    News
    Interview: Garrett Motion on E-cooling compressor
    The shift from internal combustion engine (ICE) vehicles to electric and hybrid vehicles has driven the adoption of electric AC compressors. According to S&P Global Mobility's forecast, the demand for electric AC compressors was 22.5 million units in 2023 and is projected to reach 64.0 million units by 2030, with a compound annual growth rate (CAGR) of 16%. Garrett Motion is a leading supplier of turbochargers and superchargers. To stay ahead in the rapidly evolving automotive industry an...
    Insights
    AutoTechInsight Weekly - 29 July 2024
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    News
    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...
    News
    Frédéric Sipahi resigns as CEO and general manager of Sogefi
    In a press release dated July 23, Sogefi announced that Frédéric Sipahi has resigned as CEO and general manager in order to undertake a new and different professional project. Sipahi’s resignation from his role as CEO will be effective at the end of July, and from his role as general manager at the end of August. Sogefi has decided to activate the noncompete clause provided under his employment contract for a duration of one year, which entails the payment of a total g...
    News
    Rheinmetall secures €20 million orders for hybrid drive exhaust technology
    In a press release dated June 19, Rheinmetall announced that its subsidiary Pierburg China has secured two significant orders worth a total of approximately €20 million for exhaust technology that will be employed in hybrid vehicles. The first order, valued at about €10 million and running for a term of five years, comes from a renowned Chinese supplier of carbon canisters. It involves the production of fuel tank shut-off valves (FTIV) crucial for controlling fuel vapors and maintaining t...
    News
    AutoTechInsight Weekly - 22 July 2024
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    News
    Driving thermal efficiency with flow: Interview with Hydrohertz
    To know more about Hydrohertz and especially its Dectravalve solution, we spoke to Hydrohertz Founder Martyn Talbot. The following is an edited transcript of the conversation. S&P Global Mobility: How has the transition to electric and hybrid vehicles increased the importance of effective thermal management, and what are the key thermal management challenges encountered? Martyn Talbot: The importance of thermal management in both electric and hybrid vehicles has increased drasticall...
    Insights
    Cooper Standard launches innovative eCoFlow Switch Pump
    Cooper Standard has introduced the eCoFlow Switch Pump to support the automotive industry's transition toward electrification by simplifying and enhancing the efficiency of thermal management systems. The innovative product, developed in collaboration with Saleri Group, integrates the functionalities of both an electric water pump and an electrically driven valve into one coolant control module. The integration will help automakers in efficiency improvement, part consolidation, electrical wire h...
    News
    Fisker recalls over 11,000 Ocean electric SUVs to fix water pump issue
    Fisker is recalling 11,308 Ocean electric sport utility vehicles (SUVs) in the US, Canada and the EU to fix a water pump issue that could cause a loss of power. Out of the total, the company is recalling the highest number of vehicles — 7,545 — in the US. According to the National Highway Traffic Safety Administration (NHTSA), a communication failure with the cabin electric water pump can cause the high-voltage battery management system (BMS) to enter limp mode, causing a loss o...
    News
    Forvia Hella unveils advanced Coolant Control Hub max for EVs
    In a press release dated July 11, the international automotive supplier Forvia Hella announced the development of the Coolant Control Hub max (CCH max), an advanced system for the centralized thermal management of electric vehicles. The CCH max enhances EV performance through innovative coolant distribution, enabling the use of environmentally friendly refrigerants, simplifying thermal management and thereby reducing system complexity. This innovation builds upon the original Coolant Con...
    News
    AutoTechInsight Weekly - 15 July 2024
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    News
    AutoTechInsight Weekly - 8 July 2024
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    News
    Making waves in the autonomous driving industry: Wayve’s funding splash
    Wayve's recent funding represents the largest AI fundraising in the UK to date. One notable aspect of Wayve's approach to automated/autonomous driving technology is its focus on empowering a variety of manufacturers through its 'Embodied AI' technology. Unlike many competitors that rely heavily on high-definition maps and pre-programmed routes, Wayve utilizes a machine learning model that learns from vast amounts of data, simulating human learning. This adaptability enables Wayve's system to han...
    Insights
    Modine unveils new EV thermal management system
    Modine, a diversified global leader located in Racine, Wisconsin, has announced the expansion of its EVantage™ portfolio through the launch of the Cabin Climate System (CCS), engineered to enhance thermal management in commercial, off-highway and specialty electric vehicles (EVs). The CCS aims to provide optimal passenger comfort with its ability to deliver immediate heating and cooling with 12-kW cooling and 10-kW heating capacities. This system is designed with a lightweight, modular layo...
    News
    Rheinmetall secures major e-mobility contract with global carmaker
    Rheinmetall, a prominent technology group, has secured a significant contract to supply several million electric coolant pumps to a renowned international car manufacturer. The contract is valued in the low three-digit million euro range and involves the production of pumps to be utilized in the manufacturer's hybrid vehicles. Production has started already and is slated to continue through 2030, with a service agreement extending even further to 2045. This order marks a vital step for Rheinm...
    News
    Novosense unveils new chips for automotive applications
    Novosense Microelectronics has unveiled a new collection of chips designed to enhance automotive lighting, powertrain, battery management systems, and thermal management systems. Among the new offerings is the NSL21916/24, a 16/24-channel driver IC for LED applications in automotive lighting. This product stands out for its compact design, high integration, and compliance with the AEC-Q100 Grade 1 standard, making it ideal for dynamic automotive lighting effects and reliable cross-board communic...
    News
    Geely develops all-new lithium iron phosphate short blade EV battery
    Betting bigger on lithium iron phosphate (LFP) chemistry, Geely Auto, a leading electric vehicle manufacturer in mainland China, has unveiled an all-new and in-house developed, new-generation short blade battery with improved energy density, performance, charging and safety capabilities, the company announced on June 27. The new battery, named Aegis Short Blade Battery, has an improved energy density of 192 Wh/kg and a cycle life of up to 3,500 cycles, which the company claims is equivalent t...
    Briefing
    AutoTechInsight Weekly - 1 July 2024
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    News
    TI Fluid Systems opens e-Mobility Innovation Center in Auburn Hills, Mich.
    TI Fluid Systems has inaugurated its new e-Mobility Innovation Center (eMIC) in Auburn Hills, Mich., designed to enhance customer collaboration and accelerate the development of thermal management systems for electric vehicles, including hybrid, plug-in hybrid and battery-electric variants. Equipped to support the shift toward zero-emission vehicles (ZEVs), the Auburn Hills eMIC features advanced equipment for rapid prototyping, including 3D printing and injection molding, alongside two vehic...
    News
    Porsche to recall all Taycan electric sports cars over braking issue
    Porsche has initiated a global recall of all Taycan electric sports cars due to a braking issue that has been identified in a small number of vehicles, Autocar reported June 26. This issue pertains to the front brake hoses, which have been found to develop cracks in some cars, leading to brake fluid leakage. This, in turn, diminishes brake pressure and hampers the effectiveness of the braking system. Porsche has not specified the exact number of cars impacted by this recall. The carmaker has ...
    News
    AutoTechInsight Weekly - 24 June 2024
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    News
    AutoTechInsight Weekly - 17 June 2024
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    News
    Technotrans unveils energy-efficient cooling system for EVs
    Technotrans, a technology company, has introduced a flexible and energy-efficient cooling system with a decentralized design for electric vehicles. The company is poised to showcase its innovative cooling system at the Battery Show 2024 in Stuttgart from June 18 to 20. The cooling system, which operates on a supply voltage range from 24 to 850 volts DC, is available with refrigerant R1234yf (low GWP) and will also be available with R290 (natural refrigerant) in the future. The modular kit sol...
    News
    Rivian launches second-generation R1S, R1T
    US electric vehicle-maker Rivian has launched the second generation of its flagship vehicles, the R1S sport utility vehicle (SUV) and R1T pickup truck. The vehicles feature numerous hardware improvements, performance upgrades, a fully redesigned software experience and evolved in-house drive systems. Pricing for the second-generation R1S starts at $75,900 and R1T starts at $69,900. The vehicles are manufactured in Normal, Ill., and are now available for delivery. The new R1 platform...
    News
    AutoTechInsight Weekly - 10 June 2024
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    News
    Marelli secures contract to supply battery thermal plates for battery-electric vehicles
    Marelli has secured a contract from an automaker to supply battery thermal plates for future battery-electric vehicles (BEVs), the company said in a press release on June 4. The company will supply about 5 million units of battery thermal plates, a key solution for battery thermal management in electric vehicles, over the contract period. Marelli will commence the delivery of the component in 2024.   “We are proud of this important assignment, which further strengthens our collaboratio...
    News
    Modine partners with Wisconsin city's RYDE Racine to offer thermal management systems for electric buses
    Modine has partnered with public transportation system, RYDE Racine, in Racine, Wis., to supply its thermal management technology and solutions for electric buses, the company announced in a press release May 29. Currently, Racine operates nine electric buses equipped with Modine's EVantage Thermal Management Systems, with four additional EVs ordered. "Integrating our thermal management technology into the RYDE Racine electric buses marks a brilliant collaboration to achieve our shared goal o...
    News
    AutoTechInsight Weekly - 3 June 2024
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    News
    Marquardt develops Cell Module Controller to enhance EV battery performance
    Marquardt, a Germany company specializing in battery management systems (BMS), has developed a new Cell Module Controller (CMC) intended to optimize electric vehicle battery performance and safeguard against failure. The CMC can be used in both mobile and stationary energy systems, and is designed to protect against overcharging and overheating, thereby increasing the safety and longevity of batteries. The CMC is designed to be directly attached and welded to the battery pack, and is compatib...
    News
    Kongsberg Automotive appoints Christian Johansson as new CFO
    Kongsberg Automotive (KA) has appointed Christian Johansson as their new CFO, effective June 3. Johansson will succeed Frank Heffter, who has chosen to leave the organization to pursue new opportunities. Johansson brings with him over 30 years of global industrial and automotive experience, including a senior leadership role as the CFO of Volvo Trucks. His current position is as the interim Group CFO of Colmec Group and he has previously served in the same role for Lantmännen, SKF Group and ...
    News
    Technotrans secures major order to supply battery thermal management solutions
    German thermal solutions provider Technotrans has secured a major order from a well-known European electric bus manufacturer for the series production of battery thermal management systems (BTMS) in the high single-digit million-euro range, the company said May 21, without disclosing the name of the vehicle manufacturer. Technotrans said that the company has been involved as a technology partner from the very beginning and supplies a total of three production sites in France and the Czech Rep...
    News
    AutoTechInsight Weekly - 27 May 2024
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    News
    Rheinmetall wins major order for high pressure EGR and exhaust backpressure valves
    Rheinmetall, the technology group, has secured an order for high-pressure exhaust gas recirculation and exhaust backpressure valves from an existing commercial vehicles sector client, the company announced in a press release May 22. The order has a total value in the lower three-digit-million-euro range. Rheinmetall said that the order is from an automaker which has been a customer for over a decade, without disclosing the name. Production for this order is set to commence in January 2027 and...
    News
    Modine reports FY 2023–24 net sales at $2.4 billion, up 5% YOY
    Modine, a diversified global leader in thermal management technology and solutions, has reported total net sales of $2.4 billion for full financial year 2023–24, recording year-over-year growth of 5%, on increased demand for its products under climate solutions and performance technologies divisions, the company announced on May 21. Modine’s fiscal year 2023–24 operating income stood at $240.7 million, up a significant 60% year over year, and the company’s adjusted EBIDTA was at ...
    Briefing
    Chinese battery maker Gotion High-Tech unveils innovative battery solutions
    Mainland China-based battery manufacturer Gotion High-Tech unveiled innovative battery technologies on the sidelines of its 13th Technology Conference on May 17. The new innovations it unveiled included the 5C ultra-fast charging G-Current battery, high-nickel NCM (nickel, cobalt, manganese) cylindrical Stellary battery as well as all-solid-state battery technology at its annual event. Gotion said that its innovative 5C ultra-fast charging G-Current battery can charge up to 80% state-of-charg...
    News
    NTN develops new heat-treatment technology for automotive bearings
    NTN Corp. (NTN) has developed a special heat-treatment technology named HA-C. This technology is designed to contribute to the downsizing and lightening of drive units for automobiles, including e-Axles used in electric vehicles. The HA-C technology allows for a higher load capacity of bearing, meaning NTN can create more compact and lighter bearings compared to traditional ones. The technology uses a large number of hard and fine precipitates to disperse, resulting in extremely high surface ...
    News
    Decoding thermal runaway in EV batteries
    In November 2023, Stellantis recalled more than 32,000 of its hybrid Jeep Wrangler SUVs (2021–2024 models of the Jeep Wrangler 4xe sport utility vehicles) because they posed potential fire risk.  As per the company, eight of the hybrid Wranglers caught fire while turned off and parked. Six of them were being charged when the fire began. Similarly, General Motors recalled Chevrolet Bolt EV and Bolt EUV (all model year till date as of August 2021) due to the possibility of a faulty battery ...
    Insights
    AutoTechInsight Weekly - 20 May 2024
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    News
    Kongsberg Automotive secures €13 million contract for supply of battery coolant pipes
    Kongsberg Automotive (KA) has secured a €13 million contract from an undisclosed vehicle manufacturer to supply battery coolant pipes, the company announced on May 16. The said battery coolant pipes will be used in the new generation battery packs used in electric trucks, the company said. The manifold, which distributes coolant within the battery clusters in the battery cells, is connected to the truck’s chassis cooling system and adheres to the IP67 standards, which ensure water and dus...
    News
    MAHLE sells OEM thermostat business to investment holding firm ADMETOS
    MAHLE has completed the sale of its original equipment manufacturer thermostat business to ADMETOS as of May 2. As part of the deal, ADMETOS is taking on about 600 employees in six countries. ADMETOS will operate the business under the name BTT Solutions. In the spare parts and accessories market, the sale of thermostats under the MAHLE and Behr brands will continue to be handled by the worldwide MAHLE Aftermarket network. “In ADMETOS, we have found an owner that offers both the compan...
    News
    AutoTechInsight Weekly – 13 May 2024
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    Sogefi to close sale of its Filtration business unit to Pacific Avenue Capital Partners by end-May
    Milan-based supplier of air management, engine cooling and suspension systems Sogefi Group expects to close the sale of its Filtration business unit to the US private equity fund Pacific Avenue Capital Partners by the end of May, the company said May 6. Providing an update on the transaction, the company said that the sale and purchase agreement has already been agreed upon between both the parties and will be executed in the upcoming days. In a press note issued, Sogefi said that it has a...
    Briefing
    BorgWarner reports net sales of $3.59 billion in Q1 2024, up 6% YOY
    Michigan, US-based global auto component major BorgWarner has reported its first-quarter 2024 net sales at $3.59 billion, recording a growth of 6% over first-quarter 2023 net sales of $3.38 billion, the company said May 2. BorgWarner attributed this year-over-year growth to an increased demand for its products. However, the year-over-year growth was partially offset by the negative impact of foreign currencies, it added. The company’s net earnings for the March quarter stood at...
    Briefing
    Rheinmetall secures new orders to supply heat pumps
    Rheinmetall announced May 3 that the company is expanding its Electromobility business into new areas of application with two new independent orders for its innovative plug-and-play heat-pump solution. Without disclosing the order size, the company said that the first new order is a major contract in the high single-digit million euro range from an international expert in electric bus conversions. Meanwhile, the second order Rheinmetall has secured is from a German expert in off-road electric...
    News
    AutoTechInsight Weekly – 6 May 2024
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    News
    Denso posts 11.6% YOY rise in fiscal-year revenue to $47.2 billion
    Denso has reported an 11.6% increase in fiscal-year 2024 consolidated revenue to ¥7.14 trillion (about $47.2 billion), according to a press statement dated April 26. Operating profit for the same period came in 10.7% lower at ¥380.6 billion, while the consolidated profit attributable to owners of the parent company decreased by 0.6% to ¥312.8 billion. The company attributed the revenue increase to strong vehicle sales in Japan and North America, as well as foreign exchange gains. In Japan,...
    Briefing
    AutoTechInsight Weekly – 29 April 2024
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    News
    Vitesco, Sanden partner on innovative intergrated thermal management systems for battery-electric vehicles, improving range and comfort
    Vitesco Technologies and Sanden International have partnered to develop an integrated thermal management system (ITMS) for battery-electric vehicles (BEVs). The ITMS combines Sanden's compact refrigerant unit with Vitesco Technologies' heat energy distribution system, using natural refrigerant propane (R290). The system aims to provide several advantages, including flexible adaptation, reduced complexity, cost reduction and compliance with regulations. The ITMS will also improve driving range in...
    News
    Vitesco, Sanden International team up to develop integrated thermal management system for BEVs
    Vitesco Technologies and Sanden International have joined forces to develop an integrated thermal management system for battery electric vehicles (BEVs), Vitesco announced on April 25. Both companies plan to contribute their expertise in the project, with Sanden developing the compact refrigerant unit with the natural refrigerant propane (R290), while Vitesco developing the heat energy distribution system realized by a coolant distribution unit with water/glycol. According to Vitesco, the ...
    News
    Valeo restructures to lead electrification market with new division and leadership
    Valeo has restructured its operations to better address the electrification market expectations and improve its competitiveness and financial performance, it said in a press release dated April 22. The company has created a new division called Valeo Power, which combines its thermal and powertrain activities. Xavier Dupont has been appointed the chief executive officer of the Valeo Power division and Valeo Group executive vice president. The company has also updated the names of its other two...
    News
    Hyundai's nano cooling film reduces interior temperatures by up to 22.2 degrees fahrenheit in pakistani tests
    Hyundai has developed a window tint that claims to help keep vehicle interiors cooler and reduce energy consumption on air conditioning. The tint, called Nano Cooling Film, is made up of three layers that work together to block external heat and radiate internal heat towards the outside of the vehicle. The company recently tested the film on 70 customer cars in Lahore, Pakistan, where temperatures can reach over 122 degrees Fahrenheit. According to Hyundai, interior temperatures in the test vehi...
    News
    AutoTechInsight Weekly – 22 April 2024
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    News
    BASF supports RML Group in developing immersion-cooling system for 800V EV battery
    BASF, a leading supplier of materials solutions, has supported RML Group in the development of an innovative, immersion-cooled battery system for a high-performance 800V battery that powers a hybrid hypercar that sets new performance and safety standards using next-generation plastic materials, the company announced April 17. The 800V battery features a capacity of 4.2 kWh and a discharge rate of over 100C, weighing in at less than 75 kg, it said, adding that the extremely high-power output, ...
    News
    Solero Technologies acquires Kendrion's automotive business in Europe and US
    Atar Capital has announced that Solero Technologies has signed an agreement to acquire Kendrion's automotive business in Europe and the US, in a press release dated April 15. The transaction, which is expected to close in the third quarter of 2024, is valued at about $70 million and includes trailing 12 months (TTM) EBITDA of approximately $24.1 million, representing approximately 80% of Kendrion's Automotive business. Solero Technologies will effectuate the transaction with support from Atar Ca...
    News
    Mahle secures two new major orders for supplying thermal management modules
    German auto component supplier Mahle has secured two major orders for thermal management modules to be used in electric vehicles, with a total order volume of about €1.5 billion across both the projects, the company announced April 12. Without disclosing the names of both customers, Mahle said that while one order has come from an established global vehicle manufacturer, the second order is secured from an upcoming, innovative Asian carmaker. According to Mahle, the first order marks the...
    News
    AutoTechInsight Weekly – 15 April 2024
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    University of Bologna opens E-cells lab, supported by Ferrari
    The University of Bologna (Italy) has opened an all-new E-cells laboratory with an aim of promoting research and development (R&D) in electrochemistry, build knowledge of the materials and the chemical and physical properties of lithium cells, according to a press note issued by the supercar company Ferrari on April 8. Ferrari, which is supporting the University lab through its expertise, said that it strongly believes in the great value the project holds for the local region, and for the...
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    Carrar raises $5.3 million to deliver commercial battery modules for EVs
    Carrar, a provider of battery modules and thermal management systems for electric vehicles (EVs), has closed its $5.3 million Series A funding round. The round included new investors Salida B.V. OurCrowd, and NextGear, and current investors Gentherm, Next Leap Ventures, Dive Digital, and others, according to press release on April 9. Carrar's battery modules and thermal management systems dissipate twice the amount of heat of existing solutions, increasing battery lifespan three-fold, and imp...
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    AutoTechInsight Weekly – 8 April 2024
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    KB Autotech to supply over-the-air ventilation seat controller
    KB Autotech has announced that it will begin supplying its over-the-air (OTA) ventilation seat controller in North America in April 2024, following its product win from Adient in 2023, Maeil Business Newspaper reported March 27, 2024.  The controller extends the OTA function to the Ventilation Seat Controller (SHVU), allowing for the latest version of seat control software to be maintained through wireless communication. With the rapid change in the automobile market toward electric vehi...
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    Baltimore: Not another port in automotive’s stormy recent history
    As the world awoke on the morning of March 26 to the news that there had been a crash involving a container ship and the Francis Scott Key Bridge in the city of Baltimore, which had caused the bridge to collapse, immediate thoughts were with the safety and welfare of all concerned. Six people are missing, presumed dead in the tragic aftermath. Traffic through the port will be suspended until further notice and looks set to cause disruption to trade and supply chains. One of the sectors that w...
    Insights
    AutoTechInsight Weekly – 1 April 2024
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    AutoTechInsight Weekly – 25 March 2024
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    Not all things begin and end with Tesla: Mexico's burgeoning automotive supply chain
    As with everything that Tesla says and does, its investment in Mexico for a new vehicle plant has attracted much attention. The latest hubbub around the Santa Catarina, Nuevo Leon, plant surrounds reports that Tesla is looking to invite its mainland Chinese suppliers at its operations in Shanghai to join it in investing in Mexico. That it is looking to bring some of its mainland Chinese suppliers to Mexico is not surprising. Original equipment manufacturers (OEMs) do this all the time. They have...
    Insights
    AutoTechInsight Weekly – 18 March 2024
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    Schaeffler, Vitesco Technologies to merge in $1.6 billion deal
    Schaeffler AG and Vitesco Technologies Group AG have signed a merger agreement, following approval by their respective supervisory boards. The agreement sets out the legally binding terms and conditions for the merger of Vitesco into Schaeffler. The exchange ratio of 11.4 Schaeffler shares per Vitesco share has been confirmed as binding, with Vitesco shareholders receiving 11.4 Schaeffler shares for each Vitesco share they own. The merger agreement is subject to the approval of the respective...
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    Rheinmetall secures €100 million contract extension for divert-air valves with Asian automaker
    Rheinmetall, a German tech company, has secured a contract extension worth €100 million to produce divert-air valves for an Asian automaker. The contract, which runs until 2032, is the largest single order ever booked by the company for divert-air valves. The automaker, one of the largest in Asia, has been a long-standing customer of Rheinmetall since 2019 and has now extended its contract for serially produced divert-air valves. The valves are characterized by low leakage and low weight, a...
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    FORVIA, Schneider Electric partner for carbon-neutral R&D centers by 2024
    FORVIA, a leading automotive technology supplier, has partnered with Schneider Electric to fully electrify two of its R&D centers in France by mid-2024. Under an innovative Electrification-as-a-Service (EaaS) model, FORVIA will eliminate 85% of Bavans' scope 1 greenhouse gas (GHG) emissions and 100% of Seloncourt's scope 1 GHG emissions with no upfront capital expenditure. The two projects are expected to achieve 85% and 100% reduction in CO2 emissions, respectively, accelerating FORVIA's...
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    AutoTechInsight Weekly – 11 March 2024
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    Huawei aims to deliver 1 km of driving range in 1 second of ultra-fast charging
    Mainland China headquartered technology company Huawei aims to increase EV charging speeds to the tune of achieving one kilometer of driving range in just one second of charging, according to a news report published by CarNewsChina on February 28. The report cited a company presentation given by Huawei’s President of Digital Energy, Hou Jinlong on the sidelines of the company’s annual China Digital Energy Partner Conference held on February 27. Huawei’s senior leadership shared their vi...
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    Vishay's new PTC thermistors enhance circuit performance in automotive and industrial applications
    Vishay Intertechnology Inc. has introduced a new series of inrush current limiting positive temperature coefficient (PTC) thermistors, designed to enhance performance in active charge and discharge circuits for automotive applications, as reported in a press release on March 6. The PTCEL series features a wide range of resistance at 25°C (R25) values with high voltage and energy-handling capabilities. The devices are AEC-Q200 qualified and self-protecting, providing overload protection in AC...
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    AutoTechInsight Weekly – 4 March 2024
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    Hanon Systems opens new engineering center in Portugal
    Hanon Systems, a leading global automotive thermal management supplier, has inaugurated its new engineering center in Palmela, Portugal. The center is located on the company's compressor manufacturing campus in Palmela, which has been operational since 1998 in the Setúbal District, about 25 kilometers south of Lisbon. The engineering center offers 2,488 square meters of space and consolidates existing and new test operations, prototype assembly, and workspaces for engineering personnel. On-s...
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    Panasonic signs deal with H&T Recharge to supply lithium-ion battery cans in North America
    Japanese battery-maker Panasonic Energy Co. Ltd. has signed a long-term agreement with German battery component manufacturer H&T Recharge for the supply of lithium-ion (Li-ion) battery cans for North American markets. The deal underlines Panasonic’s aim of expanding production of safe electric vehicle batteries. Notably, Panasonic and H&T have collaborated since 2017, with H&T supplying approximately 40 GWh of battery-can capacity annually to Panasonic Energy’s Nevada ...
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    Sogefi posts 5.5% increase in FY 2023 sales to $1.76 billion
    Sogefi has reported a 5.5% year-over-year increase in sales for fiscal 2023 to €1.63 billion, it said in a press release dated Feb. 23. Net result for the year almost doubled to €57.8 million from €29.6 million last year. Earnings before interest and tax grew nearly 50% to €105.2 million. Manufacturing and research and development costs for the year was €129.1 million from €119.4 million last year. Revenue grew in most regions throughout the year, led by a 10% increase in Eur...
    Briefing
    AutoTechInsight Weekly – 26 February 2024
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    Growing shift seen toward smart in-cabin air purification and filtration systems
    According to the World Health Organization, 99% of the global population lives in places where air pollution levels exceed WHO guidelines. Due to increased air pollution and events like the COVID-19 pandemic, automakers are now more focused on offering in-cabin air that is free of contaminants, viruses and germs. The quality of air in the vehicle cabin is not only crucial for vehicle occupants’ comfort and well-being, but also for their safety. It can also cause certain health issues such a...
    Insights
    Technotrans to supply cooling solutions for fast-charging stations to ADS-TEC Energy
    Technotrans SE has received a follow-up order in the high single-digit million euro range from ADS-TEC Energy to supply thermal management solutions for the latter’s electric vehicle charging stations, according to a news report published by EQS News on Feb. 19. The thermal management solution from Technotrans will be used in ADS-TEC Energy’s battery-buffered fast-charging station ChargePost, it said. The order, which has a term of one year, follows the first order from ADS-T...
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