Filters
Your Selections
    Asset
    Published
    Vehicle Domain
    Topical Categories
    Supplier
    OEM
    Region / Country/Territory
    Impact of US tariff on permanent magnets imported from mainland China
    Announcement of US tariffs On May 14 the US announced changes in tariffs to thwart imports of electric vehicles, lithium-ion batteries and critical minerals such as graphite and permanent magnets from mainland China. As per the official announcement, in 2024, the tariff on EVs imported from mainland China will increase from 25% to 100%, the tariff on lithium-ion EV batteries will increase from 7.5% to 25%, and the tariff on battery parts will increase from 7.5% to 25%. The new tariffs will ta...
    What Beijing Auto Show 2024 hints about the future of automotive lighting
    The 2024 Beijing International Automotive Exhibition that concluded earlier in May once again put the spotlight on the fast-growing automotive market of mainland China. The event, more popularly known as the Beijing Auto Show, saw participation from all major automakers, both foreign and local, and automotive suppliers. The massive scale of the event and the level of attention it garnered are evident from the fact that automakers showcased 278 battery-electric vehicle (BEV) and plug-in hybrid el...
    Meijo Nano Carbon forms alliance with SK Inc. Materials for lithium-ion battery material
    Meijo Nano Carbon Co. Ltd., a startup company specializing in the production of high-quality single-walled carbon nanotubes (SWCNTs), has formed a capital and business alliance with SK Inc. Materials, a subsidiary of the prominent South Korean conglomerate, SK Group. The investment from SK Inc. Materials will further facilitate collaborations in the lithium-ion battery (LIB) field. Silicon, deemed the next-generation anode material, is anticipated to replace graphite used in conventional...
    Honda and Mitsubishi to establish joint venture ALTNA Co. in 2024
    Honda Motor Co. Ltd. and Mitsubishi Corporation have announced plans to establish a new 50-50 joint venture company, ALTNA Co. Ltd., in July 2024. The venture is the result of a memorandum of understanding signed by the two companies in October 2023, aimed at launching new businesses to capitalize on expected growth in the electric vehicle (EV) market and to support a future decarbonized society. The joint venture aims to address challenges such as optimizing the cost of EV usage, enhancing t...
    AutoTechInsight Weekly - 17 June 2024
    Click the link above to download this week's issue
    Lynk & Co unveils first all-EV, the Z10, in Sweden
    On June 12, 2024, Lynk & Co introduced its first all-electric vehicle, the luxury flagship sedan, Lynk & Co Z10, in Gothenburg, Sweden. The Z10 represents Lynk & Co's cutting-edge technology, unique brand heritage, and its vision of Zeal, Enjoyment, Responsibility, and Originality, promising to deliver driving pleasure, enjoyment, safety, and quality. The design of the vehicle was inspired by the Lynk & Co The Next Day concept car and incorporates modern and timeless elements. ...
    Volkswagen, Vulcan Green Steel partner on low-carbon steel
    Volkswagen AG and Vulcan Green Steel have signed a memorandum of understanding (MOU) for a partnership for low-carbon steel, which is a key element of the German carmaker’s green steel strategy, VW announced June 12. The volumes of low-carbon steel that Volkswagen AG expects to order will cover a significant proportion of total steel requirements and will be used by the VW Group’s production facilities from 2027 onward, the company said. It further added that the fully vertically integ...
    Chicago university scientists make strides in lithium extraction from diverse sources
    Scientists at the University of Chicago's Pritzker School of Molecular Engineering have developed an efficient technique for extracting lithium from more diluted and widespread sources such as groundwater, seawater, and "flow back water" from offshore oil drilling and hydraulic fracturing. This breakthrough could address the widening gap between lithium demand and supply, given the expanding market for electric vehicles and consequently, lithium-ion batteries. Traditional extraction methods f...
    UK’s Echion Technologies raises £29 million in Series-B funding round
    UK-based Echion Technologies, a leading developer of niobium-based, fast-charging battery materials, announced June 13 that the company has raised £29 million in its Series-B funding round. The round was led by specialist battery and energy storage technology investor Volta Energy Technologies (Volta), with participation from existing investors CBMM, BGF and Cambridge Enterprise Ventures, it said. The newly raised funds will enable Echion to execute its go-to-market strategy to see its innov...
    Altilium, Enva join hands to recycle EV batteries in UK
    Altilium, a UK-based clean technology group, and Enva, a recycling and resource recovery specialist, have announced a strategic partnership for the collection and recycling of electric vehicle batteries in the UK. This partnership leverages Enva's nationwide collection infrastructure and relationships with car dealerships, alongside Altilium's expertise in recycling EV batteries and recovering critical materials, including lithium. The firms will explore key initiatives such as the safe handl...
    Asahi Kasei conducts successful proof of concept for high-conductive lithium-ion batteries
    Japanese technology company Asahi Kasei has successfully conducted a proof of concept for lithium-ion batteries (LIBs) using its proprietary high-ionic conductive electrolyte. This development allows for improved power output at low temperatures, enhanced durability at high temperatures, and contributes to the reduction of battery pack costs and sizes, thereby increasing energy density. Asahi Kasei aims to commercialize the new technology by 2025. LIBs are generally used within a tempera...
    Covestro invests in Netherland-based BioBTX for chemical recycling technology for plastics
    In a press release dated June 3, Covestro announced that it has invested a mid-single-digit million-euro amount in Netherlands-based BioBTX. Through the investment, Covestro is facilitating the construction of the world's first demonstration plant for the BioBTX ICCP-Technology in the Netherlands. This technology allows for the production of chemicals such as benzene, toluene and xylene from organic and mixed plastic waste, which are key components in the chemical industry and are used...
    AutoTechInsight Weekly - 10 June 2024
    Click the link above to download this week's issue
    Voestalpine reports lower earnings in FY 2023–24 as revenue declines 8.5% year over year to €16.7 billion
    Austria-based automotive supplier Voestalpine has reported an 82.4% year-over-year decline in profit after tax to €207.1 million in the financial year ended March 31, 2024, the company said in a press release on June 5. The company also witnessed a 34.5% year-over-year decline in EBITDA to €1.7 billion and a 64.9% year-over-year decline in earnings before interest and tax to €569.3 million. Voestalpine recorded a sharp decline in earnings during the financial year as revenue declined ...
    Antolin introduces two fully recyclable interior trim materials
    Antolin has introduced two products, ECover and ECover Tech, for use in vehicle interiors, the Spain-based company said in a press release June 6. These two solutions have been designed and developed with the aim of offering customers more sustainable components without compromising on design, perceived quality or the integration of features. ECover is designed using a single material, polypropylene, for both the plastic carrier of the vehicle's interior part and the fabric that covers it, ma...
    Gestamp partners with Salzgitter for low-emission steel supply
    In a press release dated June 5, Spanish multinational Gestamp said that it has partnered with Salzgitter Flachstahl GmbH to supply auto manufacturers with low-emission steel parts. Gestamp intends to develop circularity routes to combine steel deliveries to its European plants with the return of scrap from these sites, enhancing its business model with circular economy principles.  The partnership will focus on the use of low-CO2 steel produced using Salzgitter's Salzgitter Low CO2...
    Altris, Stora Enso partner to develop hard carbon anode material for sodium-ion batteries
    Altris, a Swedish developer and prototype manufacturer of sodium-ion batteries, and Stora Enso, a leading provider of renewable products in packaging, biomaterials and wooden construction, have signed a strategic partnership to develop a hard carbon solution as anode material for sodium-ion batteries, Altris announced June 5. The hard carbon solution will be based on Stora Enso’s patented Lignode material, which is being looked at by the two companies for developing anode material in Altris...
    Group14 signs multiyear deal for silicon battery materials with three EV cell manufacturers
    Group14 Technologies Inc., a major manufacturer and supplier of advanced silicon battery materials, has signed five multiyear binding offtake agreements that represent over $300 million in contract value, according to a press release dated June 4. Without disclosing the names, Group14 said that the agreements have been made with three leading electric vehicle and two consumer electronic (CE) cell manufacturers across Europe, Asia and North America. These contracts will enable Group1...
    Posco breaks ground for 1.5 trillon won nickel and precursor plants
    Posco has broken ground on two new plants dedicated to nickel and precursor production in Pohang, North Gyeongsang Province, South Korea. According to a report by The Korea Herald on May 31, the nickel refining plant will process nickel matte supplied by CNGR to produce nickel with approximately 99.9% purity. The plant's annual production capacity is estimated to be 50,000 metric tons, sufficient for about 1.2 million electric vehicles. According to the report, a total of 1.5 trillion won (ab...
    Volvo Cars plans to launch world’s first EV battery passport for flagship EX90 SUV
    Volvo Cars plans to launch the world's first electric vehicle battery passport for its flagship EX90 electric sport utility vehicle (SUV), according to a news report published by Reuters on June 4. The said EV battery passport will disclose information on the origins of raw materials, components, recycled content and carbon footprint of the Volvo EX90 electric SUV, which is about to go into production. Citing the company, the report mentioned that the said battery passport was developed by Vo...
    Fortum partners with Marubeni for sustainable lithium-ion battery recycling
    In a press release dated June 3, Fortum announced that it has entered into a memorandum of understanding (MOU) with Marubeni Corp. to develop a sustainable lithium-ion (Li-ion) battery recycling chain with a focus on graphite recycling. Marubeni will assist Fortum by supplying in-process waste materials and processing chemicals, and exploring potential graphite and lithium recycling technologies. This partnership aims to create a recycling value chain to meet market demand, while also in...
    POSCO Group completes silicon anode material plant construction
    POSCO Group has completed the construction of a silicon anode material (SiOx) plant with an annual capacity of 550 tons at the Yeongil Bay Industrial Complex in Pohang, South Korea, the compnay announced in a press release May 20. The newly constructed facility is operated by POSCO Silicon Solution. The plant will focus on the downstream process of the SiOx production line, establishing a system that can swiftly respond to customers' needs for silicon anode materials. POSCO Silicon Solut...
    AutoTechInsight Weekly - 3 June 2024
    Click the link above to download this week's issue
    Researchers develop new 3D polymeric structures for Li-ion batteries
    Researchers at Pohang University of Science and Technology (POSTECH), Korea Institute of Energy Research (KIER) and POSCO N.EX.T Hub have developed a 3D polymeric structure improving lithium ion movement in a cell with lithium metal anode.  Professor Soojin Park and Dong-Yeob Han, a PhD candidate from the Department of Chemistry at POSTECH, in collaboration with Dr. Gyujin Song of KIER and a team of researchers at POSCO N.EX.T Hub created a hybrid porous structure using polyvin...
    Samvardhana Motherson earmarks $599 million for capital expenditure in FY 2024-25
    India-based automotive supplier, Samvardhana Motherson International (SAMIL) has earmarked 20 billion Indian rupees ($599 million) as capital expenditure for the current financial year, an increase of 25% over the previous financial year, Autocar Professional reported June 1, citing a senior company official.  Of this total, the company will invest 20 billion rupees in setting up six new greenfield facilities across India, mainland China and Poland. "This is over and above the 12 that we...
    Li-Cycle partners with Daimler Truck North America on recycling lithium-ion batteries
    Li-Cycle Holdings Corp., a global lithium-ion (Li-ion) battery-resource recovery company, has partnered with Daimler Truck North America (DTNA) to recycle Li-ion batteries from DTNA electric vehicles that have reached the end of their life cycle, Li-Cycle announced in a press release on May 30. This recycling process plays a critical part in DTNA's strategy to maximize battery lifespans, minimize material waste and address global sustainability challenges. Through its recycling technolog...
    Samvardhana Motherson’s revenue rises 25% year over year to $11.8 billion in FY 2023–24
    Samvardhana Motherson International Ltd. (SMIL), formerly known as Motherson Sumi Systems Ltd., has reported a 25% year-over-year increase in revenue to 986.9 billion rupees (about $11.8 billion) in the financial year ended March 31, 2024, the leading auto-components supplier from India said in a press release on May 29. Higher revenue helped the company to record a 46% year-over-year growth in EBITDA of 93.2 billion rupees. The company concluded the financial year with 82% year-over-y...
    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 ...
    Cupra incorporates Bcomp’s natural fiber in new EV bucket seats
    Cupra, the Spanish automaker, has announced the incorporation of Bcomp's innovative natural fiber composite solutions in the new CUP Bucket seats for the Cupra Born VZ electric vehicle. The car's interior design has been conceived through a collaboration with Bcomp and Sabelt, known for their high-performance automotive seats. According to BComp, the all-natural fiber seatbacks, which replace the previously used carbon and glass fibers, significantly reduce emissions. Specifically, the use of...
    Redwood partners with Ultium cells to recycle battery production scrap
    US-based recycler Redwood Materials has partnered with Ultium Cells LLC, the joint battery-cell manufacturing venture between General Motors and LG Energy Solution, to recycle production scrap from both their Warren, Ohio, and Spring Hill, Tenn., facilities, the company announced in a press release on May 23. Redwood Materials will recycle both cathode and anode material, as well as cell scrap. Ultium Cells’ two facilities are each 2.8 million-square-foot operations that expe...
    AutoTechInsight Weekly - 27 May 2024
    Click the link above to download this week's issue
    Uno Minda’s FY 2023–24 profit after tax rises 34.9% to $105.6 million
    Uno Minda reported a 34.9% year-over-year growth in profit after tax, attributable to the owners of the company, to 8.8 billion rupees (about $105.6 million), according to a regulatory filing by the Indian automotive supplier group last week. Total revenue increased 24.6% year over year to 140.6 billion rupees. The company also recorded a 33.8% increase in profit before tax to 11.9 billion rupees. In the fourth quarter, Uno Minda reported total revenue of 38 billion rupees, up 30.8%. The...
    Mata Automotive opens new plant in Mexico
    Turkey-based Mata Automotive has opened a new plant in Aguascalientes in Mexico, according to a press release dated May 24. The company invested $30 million in the new plant, which will produce components for automakers operating vehicle assembly plants in the country. The investment will create 400 new jobs. “Through this plant, we are not just creating jobs or transferring technology; we are building bridges of mutual understanding and respect that transcend national borders. This is a cl...
    EU implements European Critical Raw Materials Act
    The European Commission announced May 23 that the European Critical Raw Materials Act went into force in the EU region with a primary aim of securing a stable supply chain of critical materials that are key to the European Green Deal. The newly implemented regulatory framework under the European Critical Raw Materials Act aims to strengthen domestic capacities and consolidate the sustainability and circularity of raw material supply chains in the EU, while reducing the region’s dependency o...
    KIMS Researchers develop aluminum alloy enhancing thermal stability of EVs
    Researchers at the Department of Aluminum in the Advanced Metals Division at the Korea Institute of Material Sciences have developed an aluminum alloy for electric vehicles that dramatically improves thermal stability, thereby reducing the risk of fire hazards. The team identified a new mechanism by which the nanostructures inside aluminum alloys work and found that the alloys they developed improved thermal stability by up to 140% compared to materials from leading overseas companies. T...
    Siete Leguas Automotive inaugurates new plant in Mexico
    Siete Leguas Automotive has invested in its second manufacturing plant in Mexico to produce aluminum automotive components, Mexico Now reported on May 23. The company invested $53.8 million in the new plant, located in Gómez Palacio, in the state of Durango. The investment will create 300 new jobs. Founded in 2018, Siete Leguas Automotive is owned by Grupo Siete Leguas (GSL), a major manufacturer and exporter of garments in Mexico. Although Siete Leguas Automotive is relatively new, the comp...
    Toyoda Gosei FY 2023–24 net profit triples to $339.9 million on higher revenue
    Toyoda Gosei’s net profit tripled to ¥51.4 billion ($339.9 million) in the financial year ended March 31, 2024, as revenue increased 12.5% year over year to ¥1.1 trillion, the Japanese supplier said in a press release. The company attributed higher revenue to increased vehicle production by its customers in Japan and Americas. Higher revenue also helped Toyoda Gosei to record 93.1% year-over-year operating profit to ¥67.7 billion.  “We were able to keep up with the increase in pro...
    Gestamp exhibits new Gigastamping products at Automotive Engineering Exposition 2024
    Gestamp, a global company known for its design, development, and manufacture of highly engineered metal components for the auto industry, is presenting its new family of products, Gigastamping, at the Automotive Engineering Exposition 2024 Yokohama, Japan. Gestamp is also showcasing a new rear body solution, the One Piece Rear Frame part, a safer and lighter for the EV architecture, at the event. This solution offers the integration of the entire rear section into a single piece using ...
    DuPont plans to reorganize business into three publicly traded companies
    DuPont has announced a plan to split into three separate publicly traded companies: Electronics, Water, and New DuPont. The separations of the Electronics and Water businesses will be executed in a tax-free manner to the shareholders, with New DuPont remaining as a diversified industrial company. Each of the three entities is expected to benefit from tailored capital allocation strategies, enhanced strategic flexibility, and distinct management teams, among other things. New DuPont will consi...
    Lamborghini recalls Urus SUVs in US to fix issue with hood
    Lamborghini is recalling 2,133 units of the Urus sport utility vehicle (SUV) in the US to fix faulty hood which may fly open when the supercar is running at high speed, Bloomberg reported. The recall affects certain model year 2023-2024 Urus S and Urus Performante models. In the US, these two models start at $237,848 and $269,885 respectively. According to National Highway Traffic Safety Administration, in affected vehicles the hood latch striker may separate and fail, resulting in an unlatch...
    Kobe Steel to incorporate green aluminum in Nissan's vehicles
    In a press release dated May 21, Kobe Steel announced that it will use green aluminum into its aluminum extrusion and suspension products for Nissan Motor. These products will be used in Nissan's mass-manufactured vehicles destined for the Japanese and North American markets, starting in fiscal year 2024. The company is also considering the use of these materials in vehicles produced for the European market. Some of the car components to be made from green aluminum are bumper reinforcements, ...
    How the software-defined vehicle trend is driving innovation in chassis features
    Steer-by-wire technology (SbW) eliminates the mechanical connection between the steering wheel and steering rack, relying solely on electronic communication. It offers numerous benefits for manufacturers and drivers, including the ability to produce a “dry” chassis without hydraulic fluid. It also opens possibilities for semi-autonomous safety systems and alternative steering controls. The systems are fully redundant, ensuring backup functionality in case of hardware or software failures. Sb...
    PPG to invest $300 million in new manufacturing plant in US to meet growing demand for paints and coatings
    PPG will invest $300 million in a new manufacturing plant in the US to support the growing demand of automotive paints and coatings, the company said in a press release May 21. The company will establish the new plant in Loudon County, Tenn. Construction of the 250,000 square-foot plant will commence in August and is expected to be complete in 2026. Once fully operational, the plant will produce more than 11 million gallon of paints and coatings annually. Initially, the plant will produce pai...
    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 ...
    Battery technology startup Bedrock Materials raises $9 million in seed funding
    US battery technology startup Bedrock Materials, which was launched out of Stanford University in 2023, has raised $9 million in seed funding alongside the inauguration of its new research and development headquarters in Chicago, the company announced May 16. The $9 million seed-financing round was led by Trucks Venture Capital, Refactor Capital and Version One Ventures. Additional investment was provided by Hanover Technology Investment Management, SpaceCadet Ventures, Brainstorm C...
    AutoTechInsight Weekly - 20 May 2024
    Click the link above to download this week's issue
    BASF expands its biomass balance portfolio for selected chemical intermediates
    BASF is expanding its biomass balance offering to include BMBCert 1,4-butanediol (BDO), tetrahydrofuran (THF), polytetrahydrofuran (PolyTHF) and 3-(dimethylamino)propylamine (DMAPA). BASF announced that its plant in Geismar, La., has also achieved certifications for manufacturing these products, whereas the Ulsan site in South Korea has obtained certification for PolyTHF. These products replace fossil resources with renewable raw materials. This allows BASF to offer regionally produ...
    Chinese supplier CAIP and Leapmotor agree to establish JV for automotive interior and exterior systems
    Jiangsu Changshu Automotive Trim Group (CAIP) and new-energy vehicle (NEV) startup Leapmotor have agreed to establish a joint venture to develop, produce and sell automotive interior and exterior systems, including dashboards, door panels, pillars and modular parts. The JV, set to be based in Jinhua, Zhejiang Province, mainland China, will focus on the development and production of lightweight and innovative material parts, molds and intelligent equipment, thus enhancing Leapmo...
    Aisin’s net profit more than doubles to $600 million in FY 2023/24
    Aisin’s net profit more than doubled to ¥90.8 billion (about $600 million) in the financial year ended March 31, 2024, the Japanese supplier said in a press release. Revenue surged 11.5% year over year to ¥4.9 trillion, driven by higher vehicle production in Japan and the US, as well as an increase in sales of electrification solutions. Higher revenue also helped the Toyota group supplier to report operating profit of ¥143.3 billion, more than double over ¥57.9 billion a year earlier. T...
    Bart Sap appointed CEO of Umicore
    Umicore appointed Bart Sap its chief executive officer, effective May 16. Sap will be taking over from Mathias Miedreich, who has mutually agreed with the supervisory board to step down. Miedreich will continue to offer advice to Umicore in the coming months. Sap, who joined Umicore in 2004, has been executive vice president, Catalysis since March 2021. Sap's priority will be to evaluate the development plans for the Umicore Battery Materials business, considering the slower demand growth for...
    Yanfeng and Trinseo collaborate for circular automotive interior materials
    Automotive supplier Yanfeng and Trinseo, a specialty material solutions provider, have announced a collaboration to develop circular automotive interior materials. Their joint effort aims to meet the 2030 end-of-life-vehicle requirements and original equipment manufacturers' goals concerning circular economy targets. The partners plan to jointly design, produce and commercialize circular materials for future automotive uses, with a focus on advanced mechanical recycling and dissolution process t...
    TactoTek licenses IMSE technology to Polestar for sustainable electronics design innovation
    According to a press release on May 15, TactoTek and Polestar have collaborated to integrate injection molded structural electronics (IMSE) technology into Polestar's vehicle designs, aiming to create more sustainable, lightweight and advanced electronic features for their customers. IMSE technology enables innovative interior and exterior lighting solutions, as well as modern human-machine interfaces, in lightweight, single-piece structures. By licensing TactoTek's IMSE technology, Polestar ...
    US raises tariffs on EV imports from China to 100% from 2024
    US president Joe Biden has announced new increased tariffs on a number of goods imported from mainland China, including electric cars, batteries, critical minerals, semiconductors, steel and aluminum, solar cells, medical products, among other product categories. The US administration has raised the tariff rate on electric vehicles (EVs) imported from mainland China under Section 301 from 25% to 100% in 2024, the White House said on May 14. “[We will impose] a 100% tariff on electric vehicl...
    LyondellBasell partners with AISN to develop lightweight plastic engine hood
    LyondellBasell has announced a collaboration with the Hunan Huda Aisheng Group (AISN), a notable automotive supplier in mainland China, to create the first lightweight plastic engine hood applications for new energy vehicles of premium domestic automotive brands. The two companies launched the product at the ChinaPlas 2024 International Plastics and Rubber Exhibition. "LyondellBasell is looking forward to working with AISN to drive a common mission of rapidly developing China's New Energy Veh...
    BASF expands e-coat manufacturing in India
    BASF's coatings division has announced the expansion of its e-coat manufacturing facility at its Mangalore, India site, in response to the growing demand from automotive manufacturers in India and Southeast Asia. With this expansion, BASF will be able to manufacture the latest generation of e-coat products, including CathoGuard 800 RE, which offers improved efficiency and reactivity for electric vehicles. E-coat, also known as electrophoretic or cathodic dip coating, is used to protect car ...
    Polyplastics launches next-generation PPS grade with high thermal shock resistance
    Polyplastics, a company specializing in engineering plastics, has unveiled its new polyphenylene sulfide (PPS) grade, DURAFIDEⓇ PPS 1140HS6. This grade features improved thermal shock resistance and is easy to recycle during post-consumer recycling (PCR). This property allows it to be collected without being separated from other PPS components during the recycling process. The 40% glass-filled product is particularly suited to the requirements of metal insert molding, such as busbars for elect...
    Sabic showcases new foam resin applications at NPE2024
    Sabic showcased two transportation applications that illustrate the capabilities of its polypropylene-ultra melt strength (PP-UMS) foam resin at NPE2024. This material offers a high level of foamability, allowing for the creation of polypropylene (PP) foams with a low density, robust impact resistance and conformity with VDA 278 emission regulations. The resin's processing versatility enables it to be used in sandwich panels for trucks, delivery vans, and recreational vehicles, as well as i...
    AutoTechInsight Weekly – 13 May 2024
    Click the link above to download this week's issue
    Lyten begins shipping lithium-sulfur battery samples to major automotive and tech companies
    Lithium-sulfur battery technology provider Lyten has begun shipping lithium-sulfur A-sample cells to various automotive original equipment manufacturers, including Stellantis, and other leading US and EU auto OEMs, it said in a press release dated May 8. The company has also shipped samples to a major consumer electronics company and plans to deliver cells to the US Defense Department in May. Lyten's lithium-sulfur cells are manufactured on its semi-automated Pilot Line in San Jose, Calif., w...
    Suppliers to the GMC Acadia
    The GMC Acadia is produced at the Lansing Delta Township plant in Michigan. Production of the car is expected to peak at 90500 in 2025, according to a forecast from S&P Global Mobility. Image Source : GMC  Suppliers to the GMC Acadia COMPONENT NAME SUPPLIERS Door Checks Edscha Side Door Hinge Multimatic Cylinder Block Nemak Prop Shaft NTN Body Fasteners P&R Fast...
    Suppliers to the Mercedes Benz G-class
    The Mercedes Benz G-class is produced at the Magna Steyr plant in Graz, Austria. Production of the car is expected to peak at 33521 in 2025, according to a forecast from S&P Global Mobility. Image Source : Mercedes-Benz  Suppliers to the Mercedes Benz G-class COMPONENT NAME SUPPLIERS Coupling Flange Hirschvogel Automotive Group Floor Carpet Auria Steering Wheel Switch Kostal Low-voltage battery ...
    LyondellBasell, AISN partner for lightweight plastic engine hoods
    LyondellBasell has announced a collaboration with Hunan Huda Aisheng Group (AISN) to develop lightweight plastic engine hood applications for new-energy vehicle (NEV) cars of premium domestic automotive brands, according to a press release on April 24. The collaboration aims to create innovative solutions for the automotive industry, driving energy conservation and environmental protection. LyondellBasell will leverage its expertise in material development and application, while AISN wil...
    Panacol to showcase UV adhesives for e-mobility and automotive electronics
    Panacol will showcase its latest adhesives for various e-mobility and automotive electronics applications at 2024's Coil Winding, Insulation, & Electrical Manufacturing Exhibition (CWIEME) in Berlin, May 14–16. The company's ultraviolet (UV) adhesives in the Vitralit range are suitable for relieving stress on wires at the commutator, and can be cured in seconds using UV light. Panacol has also developed dual-curing (UV moisture) adhesives for bonding magnets in electric motors, which cu...
    Teijin Automotive opens new facility in Indiana, US
    Teijin Automotive, a leading supplier of advanced composites and automotive components, has opened a new 164,000-square-foot top coat and assembly facility in Huntington, Ind. The facility is located in the Riverfork West Industrial Center and is part of a total investment of over $100 million in the area. The new facility will employ approximately 110 people when operations begin in June, with the potential to employ up to 200 people in the future. The new facility enhances the capabilities ...
    AutoTechInsight Weekly – 6 May 2024
    Click the link above to download this week's issue
    Sepion develops new non-flammable liquid electrolyte for EV batteries
    Sepion Technologies has developed a non-flammable liquid electrolyte that can reduce the risk and severity of fires in electric vehicle batteries, it said in a press release dated April 30. The company's proprietary materials discovery platform, powered by AI, was used to identify the new electrolyte material, which demonstrated a flash point exceeding 70°C and a self-extinguishing time (SET) that is 25 times better than commercial lithium-ion battery electrolytes. Sepion's researchers used fla...
    Evonik showcases single-material PA-12 car seat concept at Chinaplas
    Evonik has unveiled a concept car seat made solely of Vestamid polyamide (PA) 12 at Chinaplas in Shanghai, Plastics Today reported on April 25. The seat not only contributes to less material consumption during production but is also in line with circularity design. Evonik is one of the world's largest producers of polyamide 12 (PA 12), which it markets as VESTAMID® L. Vestamid PA 12 is used in the seat’s flexible foam via a supercritical foaming process, structural parts, and textiles. ...
    Alfa Romeo selects Alcantara for interior of Junior SUV
    Alcantara has announced that Alfa Romeo has chosen its premium “Made-in-Italy” material for the interior of its new SUV, the Junior 2024, according to a press release dated April 30. The SUV’s sporty look is enhanced by the combination of black Alcantara for the center of the seats with a round-shaped open work on a red backing and stitching. The interior of the new Junior features high quality upholstery with a sporty feel with a distinctively Italian quality. The Junior was introduced...
    LG Chem to supply switchable glazing film to Webasto
    LG Chem has developed switchable glazing film (SGF) and signed a nomination agreement to supply it to German supplier Webasto, it said in a press release dated April 29. Webasto will use SGF films to build roof systems with integrated high-tech glass and install them in European vehicles. The SGF film business is expected to generate hundreds of billions of won in revenue over the next few years. SGF can control the amount of light and heat passing through by responding to electrical sig...
    LG Energy, Posco plan to cut down battery investments amid EV sales slowdown
    South Korean companies LG Energy Solution (LGES) and Pocso plan to cut down their battery investments to steer through the decelerating global demand for electric vehicles, according to a news report published by The Korea Times on April 26. The report cited statements by both the companies. The report said that LGES plans to lower its capital expenditure in 2024 in order to improve profitability. The move comes after South Korea’s largest battery-maker announced a 75% year-over-year dec...
    ABB signs MOU with Vulcan Energy to deliver engineering services for lithium project in Germany
    ABB and Vulcan Energy Resources have signed a memorandum of understanding (MOU) to jointly establish design, engineering, execution and operations plans for strategically important reserves of lithium in Europe, ABB announced April 24. Vulcan’s Zero Carbon Lithium project in Germany’s Upper Rhine Valley region aims to access naturally heated lithium-rich brine from underground reservoirs while using geothermal heat to produce renewable energy for the process. The agreement between the ...
    AutoTechInsight Weekly – 29 April 2024
      Click the link above to download this week's issue
    Martinrea invests $6 million in Equispheres for advanced materials technology
    Martinrea International has announced that it led a financing round for Equispheres Inc., acquiring convertible preferred shares worth $6 million, in a press release dated April 23. This is the second investment the company has made in Equispheres, following a C$1 million investment in April 2023. Equispheres' technology helps lower the cost of additive manufacturing in automotive to the point where the production of 3D printed automotive components at scale is possible. “Equispheres is ...
    Valeo's innovation and Patent filings in mobility sector recognized by European Patent Office
    Valeo, a French company, has been recognized for its innovation and patent filings in the mobility sector. According to a report by the European Patent Office (EPO), Valeo ranked first in France and 33rd overall in terms of patent filings in Europe in 2023, for the second year in a row. The company filed 564 patent applications in Europe in 2023, accounting for 40% of its priority patent applications filed worldwide. Additionally, Valeo was ranked as the number one French patent applicant wor...
    Japan, Europe to share critical information on battery supply chain to counter mainland China
    Japan and Europe have agreed to cooperate in establishing a circular economy for critical materials that are used in producing batteries. According to a news report published by Nikkei Asia on April 22, Japan's Information-technology Promotion Agency (IPA), under the Ministry of Economy, Trade and Industry, plans to sign a memorandum of understanding (MoU) with European counterparts on information sharing and mutual certification. The partnership between the two regions will focus on sharing ...
    Covestro joins hands with original equipment manufacturers and suppliers to develop closed-loop plastics recycling system for end-of-life vehicles
    With an increase global focus on sustainability and stringent regulatory requirements, the automotive industry is realizing the necessity of plastic recycling for sustainable development. Responding to this changing dynamics, German supplier, Covestro has announced joining hands with the automotive value chain, and is spearheading the concept of car-to-car closed-loop plastics recycling, which is emerging as a promising solution to tackle the challenges of plastic waste ...
    Michelin, CNRS and University of Strasbourg to jointly develop nanofibrous materials
    Michelin, the CNRS (Centre National de la Recherche Scientifique) and the University of Strasbourg have partnered to further develop electrospinning, a manufacturing process for innovative nanofibrous materials, according to an official statement April 15. The nanofibrous fiber that is reportedly "100 times thinner than a strand of hair." The teams will work over four years to design an innovative electrospinning platform, with the objective of creating innovative and differentiating fib...
    AutoTechInsight Weekly – 22 April 2024
    Click the link above to download this week's issue
    Toyota launches challenge to accelerate AI-predicted materials synthesis for EVs
    Toyota Research Institute (TRI) has launched a multiyear, multimillion-dollar challenge aimed at accelerating the synthesis of new materials predicted by AI for use in electric vehicles and other emerging technologies, according to a press release on April 18. The challenge, called the Synthesis Advanced Research Challenge, is designed to bridge the gap between AI predictions and actual material synthesis in the laboratory, which can take years. TRI Senior Director of Energy & Materi...
    Ineos Styrolution's Luran S SPF60 material chosen for blackening panel
    Ineos Styrolution has announced that its high-performance Luran S SPF60 material has been selected by a leading European automotive brand for use in the blackening panel of its trucks, it said in a press release dated April 17. Luran S SPF60 has a superior surface quality, is weather resistant and can maintain its deep blackened appearance over time. Ineos Styrolution has a long-standing relationship with the automotive company and its application supplier, and the two companies have previous...
    Suppliers to new BMW 5-Series
    The BMW 5-series is produced at the company’s Dingolfing plant in Germany . Production of the car is expected to peak at 37949 in 2024, according to a forecast from S&P Global Mobility. Image Source : BMW (ICE version shown)  Suppliers to  BMW 5-Series COMPONENT NAME SUPPLIERS Prop Shaft Hirschvogel Automotive Group Floor Carpet Auria HVAC Module Denso Low-voltage battery Clarios ...
    US, UK prohibit import of Russian-origin aluminum, copper and nickel
    The US Treasury Department, in coordination with the UK, has issued two new prohibitions to disrupt the revenue that Russia earns from its export of aluminum, copper and nickel on April 12. The new action prohibits the import of Russian-origin aluminum, copper and nickel into the US, and limits the use of Russian-origin aluminum, copper and nickel on global metal exchanges and in over-the-counter derivatives trading. This action solidifies the Treasury’s follow through on the G7 Leaders...
    AutoTechInsight Weekly – 15 April 2024
    Click the link above to download this week's issue
    Maserati uses Aquafil Econyl recycled nylon
    Maserati has partnered with Aquafil to use Econyl, a regenerated nylon made from recovered nylon waste, in the cabin of its new all-electric Grecale crossover sport utility vehicle (SUV), Design News reported April 4. Aquafil is an Italian nylon fiber-maker that produces Econyl through a chemical recycling process that allows for infinite recyclability. “Chemical recycling, versus mechanical recycling, makes it infinitely recyclable. It is the same quality as petroleum nylon. You can b...
    Materi'act introduces a sustainable car interior featuring Ocean Bound Plastics
    Materi'act and Forvia have developed a new compound material called NAFILean Vision, which incorporates up to 20% recycled Ocean Bound Plastics (OBP) for sustainable car interior applications. The bio-based fillers used in the material are derived from oyster shell particles and can help decarbonize plastics by combining low-carbon recycled plastics and renewable bio-based fillers that sequester CO2. The use of recycled OBP reduces the need for post-processing with paint or film in ...
    Uno Minda breaks ground for greenfield passenger vehicle alloy wheel plant in Haryana, India
    Uno Minda has announced the groundbreaking ceremony for its upcoming greenfield passenger vehicle alloy wheel plant at IMT Kharkhoda in Haryana state, India, Business Standard reported on April 10. The plant will have a capacity to produce 120,000 wheels per month. The company has announced a capital outlay of 5.42 billion rupees (about $65 million) to set up the plant in a phased manner over the next five years. Phase 1 is expected to be commissioned in the second quarter of fiscal year 2026. ...
    Denso, partners join Japanese project to increase recycled content in vehicles
    DENSO and a select few Japanese companies have been selected by an industry-government-academia collaborative project to expand the recycled content in automobiles, according to a press release dated April 9. The project, titled "Demonstration of Manufacturing-and-Recycling Integrated Process for Horizontal Cycle Enabled by Automated Sophisticated Dismantling of ELVs," aims to develop a new method for processing end-of-life vehicles (ELVs) that can significantly expand the use of recycled materi...
    Nexeon breaks ground on first commercial-scale silicon anode production facility in South Korea
    Nexeon has broken ground on its first commercial-scale production facility in Gunsan, South Korea, it said in a press release dated April 3. The plant is expected to begin delivering silicon anode material starting in 2025, fulfilling a previously announced binding supply agreement with Panasonic. The site is situated adjacent to chemical company OCI's facilities, which enables a fenceline supply of silane, a critical raw material, and ensures capital efficient scaling for both companies...
    Indian government grants 75 million rupees to Remine India to set up lithium-ion battery, e-waste recycling facility
    The Technology Development Board (TDB) of the Ministry of Science & Technology has provided financial assistance of 75 million rupees (about $1 million) to Remine India to set up a recycling facility for lithium-ion (Li-ion) batteries and e-waste, according to an official press statement on April 2. The total cost of the project is 150 million rupees. The facility will be established at Eldeco, SIIDCUL Industrial Area in Sitarganj in Uttarakhand state, India. The project aims to recycle L...
    ZF opens new campus in Monterrey, Mexico; expands North American operations
    ZF, a global technology company, has opened a new campus in Monterrey, Mexico, which houses four corporate function hubs for North America and the company's first research and development center in the country. The campus is located within the FINSA Guadalupe Industrial Park and covers an area of 43,294 square meters. The new building completes the Monterrey campus, which is a strategic complex for the leading automotive technology company at a regional and global level. The campus featu...
    AutoTechInsight Weekly – 8 April 2024
      Click the link above to download this week's issue
    Continental's door panel concept wins CMF design award for innovative surface solutions
    Continental, a technology company, has combined its functional surface solutions into a compact model called the Door Panel Concept. The new model combines five different functional surfaces and was recently awarded the CMF Design Award 2023 for its innovative design. The company's surface solutions are designed to meet the requirements of global markets, particularly in autonomous vehicles with quiet electric drives. The focus is shifting from visual and acoustic impressions outside the vehi...
    ESI Group, FAW-Volkswagen partner to advance automotive intelligent simulation technology
    ESI Group and FAW-Volkswagen TE have signed a memorandum of understanding (MOU) to advance intelligent simulation technology in the automotive industry, a press release dated April 2 read. The partnership aims to address the challenges posed by mainland China’s automotive safety regulations and drive innovation in the industry. A material testing and intelligent simulation joint laboratory was established, marking a significant step forward in intelligent simulation, innovation and research...
    Ascend partners with PolySource to enter into North American distribution agreement
    Ascend Performance Materials has entered into a distribution agreement with PolySource for the North American market, it said in a press release dated April 1. Under the agreement, PolySource will offer Ascend’s full portfolio of engineered nylons to its customer base, including Vydyne, Starflam, HiDura and ReDefyne polyamide products. These products are designed for use in various applications including automotive, electrical and electronic, healthcare, and consumer and industrial. "W...
    Amit Kalyani reappointed as vice chairman and joint managing director of Bharat Forge
    Amit Kalyani has been reappointed as the vice chairman and joint managing director of Bharat Forge, effective from May 11, 2024, to May 10, 2029. This decision was announced by the company's board of directors following recommendations from the nomination and remuneration committee and is contingent upon shareholders' approval. Kalyani's current tenure at the company will end May 10, 2024. Since joining Bharat Forge in 1999, Kalyani has held various important roles in operations and manu...
    Forvia outlines roadmap to carbon neutrality by 2045
    Forvia outlined its roadmap to carbon neutrality at its second Sustainability Day in Paris, according to a company press statement dated March 21. The company aims to achieve its goal by 2045, with intermediate milestones set for 2025 and 2030. Forvia has been committed to a decarbonization trajectory since 2019 and has been validated by the Science Based Targets initiative (SBTi) as the first group in the automotive sector to obtain this certification. To achieve these objectives, Forvi...
    Kraiburg introduces new material solution for automotive antenna design
    Kraiburg TPE, a renowned leader in thermoplastic elastomers, unveiled its latest breakthrough in automotive materials — the specialized Thermolast R RC/UV/AP series. This cutting-edge material represents a fusion of advanced technology and environmental sustainability, setting new standards for automotive antenna design, the company said in a press release on March 26. The company said the RC/UV/AP series extends to various automotive applications, including water deflectors, roof rack...
    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...
    Toyota Boshoku accepts investment for TB Kawashima to strengthen automotive seat fabric business
    Toyota Boshoku Corp. has announced that it will accept a capital investment from Aunde Achter & Ebels GmbH in its consolidated subsidiary, TB Kawashima Co. Ltd., in a press release dated March 28. As a result, Toyota Boshoku's voting rights ratio in TB Kawashima will decrease to 20%, and TB Kawashima will become an equity method affiliate company. The investment is expected to strengthen TB Kawashima's competitiveness and enhance its new product development capabilities. Aunde, which has ...
    AutoTechInsight Weekly – 1 April 2024
      Click the link above to download this week's issue
    Driving green: Automotive giants drive sustainability
    The automotive industry is shifting toward sustainability by reevaluating materials used in manufacturing. Manufacturers are embracing circularity rather than relying solely on petroleum-based plastics by repurposing waste materials like landfill scraps and agricultural by-products. This shift reduces reliance on virgin resources, minimizes waste generation and fosters a circular automotive economy. Approximately 30% of vehicle materials are recycled for new vehicles, indicating a firm trajector...
    Covestro opens production plant for polycarbonate copolymers
    Covestro has unveiled its first plant for polycarbonate copolymers that can produce high-quality plastics on an industrial scale at its Antwerp site in Belgium, according to a company press release dated March 27. The new production process enables the company to offer a broad portfolio of material innovations. The new proprietary platform technology is based on a solvent-free melt process in combination with a new reactor concept. These polycarbonates with adjustable properties have bee...
    loading
    preload preload preload preload preload preload