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    Volkswagen sets up JV to produce flexible quick charging stations in China
    Volkswagen has set up a joint venture (JV) with Shanghai DU-POWER New Energy Technical to produce flexible quick charging stations in mainland China, Volkswagen announced in a press release on 8 April. Series production of the flexible quick charging stations is currently scheduled to start in the s...
    EVBox and and has·to·be sign EV charging roaming agreement
    EVBox and has.to.be have signed an roaming agreement for electric vehicle (EV) charging services, EVBox announced in a press release on 7 April. Under the agreement, both companies will grant each other access to their charging networks that are spread throughout Europe. “We at EVBox are on a m...
    COVID-19 pandemic: UK delays roll-out of clean air zones until 2021
    The UK government is planning to delay the roll-out of clean air zones until January 2021, Autocar reported on 7 April, citing a letter from Rebecca Pow, a junior minister at the Department for Food, Environment and Rural Affairs (Defra). This is to allow the government and companies to focus attent...
    08-Apr-2020 News COVID-19
    Blink Charging develops new mobile EV charging station
    US-based Blink Charging has launched its innovative new mobile electric vehicle (EV) charging station, according to a company press release on 6 April 2020. The new mobile EV charging station supports 240V AC charging and provides up to 9.6 kW of charge. According to the company, at this charging ra...
    08-Apr-2020 News New Products
    Skoltech develops new cathode material for metal-ion batteries
    Researchers from the Skoltech Center for Energy Science and Technology (CEST) have developed a new cathode material based on titanium fluoride phosphate for metal-ion batteries, according to a press release on 23 March on CEST website. The new material achieves high energy performance and stable ope...
    08-Apr-2020 News New Products
    COVID-19 pandemic: Garrett Motion draws down revolving credit, withdraws FY 2020 outlook
    Swiss powertrain components supplier Garrett Motion has announced that it has withdrawn its outlook for the present fiscal year and taken steps to tide over the volatile market conditions caused by the coronavirus disease 2019 (COVID-19) pandemic. A business update will be provided when the company ...
    08-Apr-2020 News COVID-19
    Freudenberg FY 2019 sales climbs 1.6% y/y in mainland China, local investments rise by 83%
    Germany-based automotive components and technology firm, Freudenberg, has announced its financial results for the fiscal year 2019. According to a press release issued by Freudenberg on 8 April, the company has stated that it registered sales of EUR9.47 billion (approximately USD10.37 billion) durin...
    Volvo to use ‘Recharge’ label for all electric models with charging cables
    Volvo will use the ‘Recharge’ label as a suffix for all its electric models with charging cables, which will include battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), the company announced in a press release on 7 April. Volvo Cars has also announced the addition of T...
    COVID-19 pandemic: Electric truck startup Rivian delays production to 2021
    Electric vehicle (EV) startup Rivian has postponed the production of its first all-electric vehicle to 2021 due to the coronavirus disease 2019 (COVID-19) pandemic, Chicago Tribune reported on 6 April, citing a company spokesperson. According to the report, the temporary shutdown of the facility due...
    07-Apr-2020 News COVID-19
    Fortescue, ATCO partner for hydrogen refueling infrastructure deployment in Australia
    Fortescue Metals Group (Fortescue) and ATCO Australia have partnered to explore deployment of hydrogen vehicle fuelling infrastructure in Western Australia, Fortescue announced in a press release on 6 April. The two companies will collaborate to build and operate a combined hydrogen production and r...
    COVID-19 pandemic: Lear publishes ‘Safe Work Playbook’ to address challenges related to resuming operations
    Lear has published ‘Safe Work Playbook’, an interactive guide on steps and best practices for health and safety procedures, cross-functional teamwork, operating disciplines, and training for employees in response to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press re...
    07-Apr-2020 News COVID-19
    Enovix raises USD45 million for developing 3D silicon lithium-ion battery
    Enovix has secured USD5 million in funds for developing and commercializing its 3D Silicon Lithium-ion Battery, the company announced in a press release on 31 March. The company informed that the funding sources include a major new strategic investor, current investors (including T. J. Rodgers and Y...
    Audi e-tron Sportback features high-voltage battery system and recuperation
    In a press release dated 2 April, Audi has revealed more powertrain details about the new all-electric e-tron Sportback. The crossover will come with a 95 kWh high-voltage battery system with recuperation, which enables a range of 446 kilometers (277.1 miles), according to WLTP. Each axle is fitted ...
    07-Apr-2020 News New Products
    Volkswagen receives 20,000 orders for all-electric e-up!
    Volkswagen (VW) has received 20,000 orders for its all-electric e-up! model in Germany over the first three months of 2020, the automaker announced in a press release on 30 March. Significance: The increased demand comes after VW updated the e-up! for the 2020 model year in 2019 with a much longe...
    Chinese EV battery supplier Farasis receives regulatory approval to raise USD479 million
    Mainland Chinese electric vehicle (EV) battery maker Farasis Energy has received regulatory approval to raise approximately CNY3.4 billion (USD479 million) in an initial public offering (IPO) on China's Nasdaq-like STAR board, according to a Reuters report on 2 April citing a statement by the Shangh...
    COVID-19 pandemic: Benteler produces holders for face masks on 3D printers at Spanish plant
    Benteler has announced that it will be producing holders for face masks on 3D printers, a company press release on 6 April read. The holders are used to produce masks and will be donated to the Galician health service in Spain due to the coronavirus disease 2019 (COVID-19) pandemic. Significance:...
    07-Apr-2020 News COVID-19
    AutoTechInsight Weekly – 6 April 2020
    Click the link above to download this week's issue
    EV sales in Norway fall 35.1% y/y to 6,966 in March
    Sales of electric cars in Norway fell 35.1% year on year (y/y) to 6,966 units, in March, according to (Opplysningsrådet for veitrafikken) OFV, which cited data from the Norwegian Public Roads Administration. Zero-emission cars constituted 55.9% of Norway’s total car market in March, compared...
    Wuling unveils all-electric van Rong Guang
    Mainland Chinese automaker Wuling has showcased an all-electric van Rong Guang, General Motors (GM), Wuling’s partner, announced in a press release on 1 April. The minivan has a range of 300 km on a single charge and supports DC fast charging. The electric version of Rong Guang is scheduled to be ...
    06-Apr-2020 News New Products
    Mercedes-Benz conducts research on organic battery technology for EVs
    Mercedes-Benz is conducting research on development of battery technology for electric vehicles (EV), Autocar reported on 2 April, citing Andreas Hintennach, Mercedes' senior manager of battery research. The technology was showcased by Mercedes-Benz on its Vision AVTR concept car unveiled earlier th...
    COVID-19 pandemic: SMMT urges UK government to introduce measures to support automotive suppliers
    The Society of Motor Manufacturers (SMMT) has requested that the UK government immediately introduce measures to supports auto parts suppliers whose business have been severely hit due to comprehensive production suspensions at their customers amid the coronavirus disease 2019 (COVID-19) pandemic, R...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Marelli extends European shutdown until 13 April
    Marelli has extended temporary suspension of production activities at majority of its plants in Europe until 13 April due to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release sent to IHS Markit on 3 April. According to the company, the extension is applicable to i...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Automotive Supplier Plant Downtime Tracker (updated on 6 April)
    Click the link above to download 'COVID-19 pandemic: Automotive Supplier Plant Downtime Tracker'
    06-Apr-2020 Insights COVID-19
    Opel launches new app for EV charging services
    Opel has launched an app for charging services for electric vehicles (EVs), the automaker said in a press release on 2 April. The new Free2Move Services app allows finding charging stations and pay comfortably with invoice. For example, Opel Corsa-e or Grandland X plug-in hybrid drivers can book ...
    03-Apr-2020 News New Products
    M&A: BorgWarner-Delphi acquisition clears regulatory hurdle
    US-based automotive powertrain components supplier BorgWarner’s planned acquisition of Delphi Technologies has received the requisite antitrust clearance from the Federal Trade Commission. The acquisition is being monitored closely since it came under risk when Delphi drew down its full USD500 mil...
    EV startup e.GO Mobile applies for protective shield procedures
    Electric vehicle (EV) startup e.GO Mobile has applied for protective shield procedures to order self-administration at the Aachen District Court, the company announced in a press release on 2 April. "This is another challenge from the outside in the only five-year history of e.GO. Our mainly st...
    Audi plans to launch 20 all-electric models by 2025
    Audi is planning to launch 20 all-electric models globally by 2025, the company announced in a press release on 31 March. These upcoming  all-electric vehicles will be underpinned by four distinct platforms—Modular longitudinal platform (MLB evo), J1: The performance electric platform, Modula...
    PARTNERSHIP: General Motors, Honda to jointly develop two all-new EVs for Honda
    General Motors (GM) and Honda have partnered to jointly develop two new electric vehicles (EVs) for Honda, the companies announced in a joint press release on 3 April. The two new EVs will be based on GM’s global EV platform powered by proprietary Ultium batteries. The exteriors and interiors of t...
    Karma Automotive develops new power inverters for faster EV charging
    Karma Automotive has developed two new silicon carbide (SiC) inverters to improve electric vehicle (EV) charging, the company said in a press release on 2 April. The SiC traction inverters will be used in both future Karma vehicles and company partners. The flexible architecture design in a 400V ...
    03-Apr-2020 News New Products
    PEV sales in UK more than doubles y/y to 4,566 units in February
    Sales of plug-in electric vehicles (PHEVs) have more than doubled year on year (y/y) in February to 4,566 units, compared to 2,104 units in February 2019, Society of Motor Manufacturers and Traders announced on its website. The huge increase was mainly due to the significant growth in demand for bat...
    COVID-19 impact: General Motors to delay launch of updated Chevrolet Bolt
    General Motors (GM) has delayed the launch of the updated Chevrolet Bolt due to production constraints amid  the coronavirus 2019 disease (COVID-19) pandemic, news website Green Car Congress reported on 31 March. The updates will now be offered in the model year (MY) 2022 Chevrolet Bolt, instea...
    03-Apr-2020 News COVID-19
    COVID-19 pandemic: ZF suspends operations at Marysville plant in US
    German auto components manufacturer ZF has put manufacturing operations on hold and laid off 800 of its employees at its production facility situated in Marysville, Michigan, United States, owing to the widespread coronavirus disease 2019 (COVID-19) pandemic. According to a report filed by news publ...
    03-Apr-2020 News COVID-19
    Karma Automotive develops new E-Flex platform for EVs
    Karma Automotive has unveiled its new platform for electric vehicles (EV), called E-Flex, the company announced in a press release on 31 March. Karma Automotive said that the E-Flex platform can be used for a number of electric vehicle mobility solutions ranging from autonomously-driven utility vans...
    02-Apr-2020 News New Products
    COVID-19 pandemic: Nexteer produces protective masks and face shield headbands
    Nexteer Automotive has announced that it will be using its 3D printers in Michigan, United States, and Tychy, Poland, to make plastic protective masks and face shield headbands to help medical professionals fight the coronavirus disease 2019 (COVID-19) pandemic. In a press release dated 1 Ap...
    02-Apr-2020 News COVID-19
    Freudenberg's net sales rises marginally to USD10.6 billion in 2019
    Freudenberg Group has reported a sales of EUR9.46 billion in the full year ended 31 December 2019, compared to EUR9.45 billion (USD10.6 billion) in the previous year, according to a company press release on 1 April. Operating income of the Freudenberg Group, however, fell 9.9% year on year (y/y) to ...
    Toyota, BYD form a JV for development of EVs
    Toyota Motors and Chinese automaker BYD have completed setting up a new JV to conduct research and development of battery electric vehicles (BEVs), Toyota announced in a press release on 2 April. The new 50:50 JV has been named BYD Toyota EV Technology Co. Ltd. (BTET) and will be headquartered ...
    COVID-19 pandemic: EV startup Rivian suspends operations at all facilities
    Electric vehicle (EV) startup Rivian has suspended all operations to protect its employees and to help slow the spread of the coronavirus disease 2019 (COVID-19) pandemic since the third week of March. However, the company’s employees are still working remotely from home and making ...
    02-Apr-2020 News COVID-19
    Valmet Automotive FY 2019 sales declines 2% y/y to USD730 million
    Valmet Automotive’s sales declined 2% year over year (y/y) to EUR651.5 million (USD730 million) in the financial year ended 31 December 2019, the company said in a press release on 31 March. Despite marginal decline in sales, the company recorded 39% y/y increase in group EBITDA to EUR78.8 million...
    24-Autohof opens new EV charging park in Germany
    24-Autohof, IONITY, and TESLA have jointly opened a new electric vehicle (EV) charging park in Lutterberg, Germany, on 27 March, 24-Autohof announced in a press release on its website. The EV charging park can accommodate up to 20 vehicles charging simultaneously. The four ultra-fast charging statio...
    COVID-19 pandemic: Continental withdraws financial guidance for fiscal year 2020
    German auto component supplier Continental has withdrawn its financial guidance for fiscal year 2020 due to coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 1 April. Continental expects an impact of restrictions caused by the COVID-19 pandemic and the related...
    01-Apr-2020 News COVID-19
    ChargePoint, Allego, EVBox form alliance for EV charging solution
    Electric vehicle (EV) charging-service providers ChargePoint, Allego, EVBox have formed an alliance to support the roll out of consumer-centric EV policies in Europe. ChargePoint announced in a press release on 31 March. Named ‘ChargeUp Europe’, the alliance was launched during the REVOLUTI...
    POLICY: Mainland China extends NEV subsidies for two more years
    Mainland China has decided to extend  new energy vehicles (NEV) subsidies for an additional two years, Ideanomics announced in a press release on 31 March. NEVs will now be eligible for subsidies till the end of 2022. At a State Council meeting on March 31, Chinese Premier Li Leqiang also annou...
    REGULATION: US NHTSA, EPA release final SAFE Vehicles Rule on fuel economy standards
    The United States government has finalized its rollback of automotive emission norms which were initially adopted during the Obama administration. The rule, which required carmakers to improve efficiency in increments of 5% on an annual basis until the year 2026, now require annual increments of jus...
    COVID-19 pandemic: Air Liquide, PSA, Schneider Electric, Valeo set up task force for production of respirators
    Respirator maker Air Liquids has teamed up with auto parts manufacturer Valeo, automaker PSA, and electrical equipment company Schneider Electric, to produce some 10,000 respirators in 50 days, between the beginning of April and mid-May, to help coronavirus disease 2019 (COVID-19) patients, Val...
    01-Apr-2020 News COVID-19
    M&A: BorgWarner issues statement regarding breach of agreement by Delphi Technologies
    American powertrain components manufacturer BorgWarner has issued a statement regarding its impending acquisition of Delphi Technologies. According to a press release issued by the company on 31 March, BorgWarner has stated that Delphi Technologies PLC provided notice to the lenders pursuant to its ...
    Cree unveils Wolfspeed 650V silicon carbide MOSFETs for EV onboard charging
    Cree has unveiled Wolfspeed 650V silicon carbide MOSFETs, enabling next-generation electric vehicle (EV) onboard charging (OBC), the company said in a press release on 30 March. The MOSFETs are available in surface mount and through-hole packages. The 15 mΩ and 60 mΩ 650V devices uses Cree’s ...
    31-Mar-2020 News New Products
    COVID-19 pandemic: Lucid Motors delays unveiling of production version of Lucid Air
    Electric vehicle (EV) startup Lucid Motor has delayed the unveiling of its first all-electric production model Lucid Air due to the coronavirus disease 2019 (COVID-19) pandemic, Silicon Valley Business Journal reported citing Lucid Motors’ founder Peter Rawlinson. Lucid Motor is now planning to un...
    31-Mar-2020 News COVID-19
    COVID-19 pandemic: Johnson Matthey to close all Clean Air plants outside mainland China
    Johnson Matthey has announced that it will close all Clean Air plants operating outside China due to coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 30 March. For the fiscal year ending 31 March 2020, Johnson Matthey expects an impact of around GBP50 million (US...
    31-Mar-2020 News COVID-19
    Powercell receives order for PowerCell S3 fuel cell stacks from Bosch worth USD1.2 million
    Powercell has received an order for its PowerCell S3 fuel cell stacks from Bosch, the company announced in a press release on 30 March. The order is worth SEK11.5 million (USD1.1 million). Powercell said that it expects the order to have a positive financial impact during the first quarter 2020...
    Ube Industries, Mitsubishi Chemical to form JV for electrolyte business for Li-ion rechargeable battery
    Japan-based Ube Industries agreed to establish a new joint venture (JV) company with Mitsubishi Chemical Corporation to succeed the electrolyte business for lithium-ion (Li-ion) rechargeable battery and other applications of both companies, Ube said in a press release on 27 March. The companies will...
    Elringklinger's sales grow 1.6% y/y to USD1.9 billion in 2019
    Elringklinger has reported an increase of 1.6% year on year (y/y) in its sales to EUR1.7 billion (USD1.9 billion) during the full year ended 31 December 2019, according to a company press release on 30 March. Profit for the period, however fell by 90.6% y/y to EUR4.1 million. EBIT during t...
    BMW reveals details of i Hydrogen NEXT fuel cell SUV
    In a press release dated 30 March, BMW has revealed powertrain details for its fuel-cell sport utility vehicle (SUV) i Hydrogen NEXT. The fuel cell system for the powertrain for the BMW i Hydrogen NEXT generates up to 125 kW (170 hp). It also features a peak power battery which adds more power, taki...
    31-Mar-2020 News New Products
    COVID-19 pandemic: Indian automotive suppliers’ association ACMA seeks government relief
    The Automotive Component Manufacturers’ Association of India (ACMA) has sought relief measures for the local auto component industry to withstand the impact of the coronavirus disease 2019 (COVID-19), the association said in a press release on 27 March. According to the association, which has...
    30-Mar-2020 News COVID-19
    V2G could become a necessity in an EV-dominated landscape
    The current global electricity production of more than 26,000 terawatt-hours (TWh) just about meets the global demand. The demand is mostly from the industrial segment and the transportation segment’s contribution is negligible. However, the demand from the transportation segment is certainly goin...
    AutoTechInsight Weekly – 30 March 2020
    Click the link above to download this week's issue
    BYD plans to offer EV components to other automakers
    BYD is planning to offer various electric vehicle (EV) components to other EV makers, Singapore-based The Business Times reported on 30 March, citing BYD founder Wang Chuanfu. BYD will use brand name FinDreams for its parts business. "BYD will open its technology and products to the whole world...
    University of Tokyo develops new battery chemistry for safer high-voltage Li-ion batteries
    Researchers at University of Tokyo has developed a new battery chemistry for safer high-voltage lithium-ion batteries, University of Tokyo announced in a press release on 27 March. Researchers successfully increased not only the voltage delivery of a lithium-ion (Li-ion) battery, but also its abilit...
    BYD develops new 'Blade Battery' technology for EVs
    BYD has developed and launched a new battery technology for electric vehicles (EVs), called ‘Blade Battery’, the company announced in a press release on 29 March. According to BYD, the new battery is safer than the lithium-ion batteries currently used in EVs. BYD highlighted a video of the Blade...
    30-Mar-2020 News New Products
    COVID-19 pandemic: Umicore temporarily shuts down plant outside Asia
    Umicore has decided to close most of its catalyst production capacity outside Asia, according to a company press release on 26 March. Umicore said that it will resort to temporary unemployment where applicable. The downtime is expected to continue until automotive OEMs restart production again. ...
    30-Mar-2020 News COVID-19
    COVID-19 Pandemic Impact on Automotive Suppliers - IHS Markit Survey
    Click the link above to download the survey report.
    29-Mar-2020 Insights COVID-19
    LG Chem raises USD520 million from EIB for EV battery plant in Poland
    LG Chem has raised EUR480 million (USD520 million) in a loan from the European Investment Bank (EIB) for its electric vehicle (EV) battery plant in Poland, EIB announced in a press release on 26 March. The loan will be given to LG Chem’s Polish subsidiary LG Chem Wroclaw Energy to suppor...
    COVID-19 pandemic: Brose to stop operations at most European locations from today
    Brose has announced that it is stopping work at most of its European plants to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 26 March. The company’s executive management reached agreements with work councils to stop production at all...
    27-Mar-2020 News COVID-19
    Sales of PEV in Sweden nearly doubles in first two months of 2020 to 10,839 units
    Sales of plug-in electric cars in Sweden grew 97.7% year on year (y/y) to 10,839 units during the first two months of 2020, Statistics Sweden (SCB) announced in a press release earlier in March. During the January–February period, plug-in electric cars accounted for 26.9% of total passenger car sa...
    Researchers in US developing new technology for fast charging batteries
    Researchers led by the US Department of Energy’s (DOE) Brookhaven National Laboratory and Lawrence Berkeley National Laboratory, are developing a new technology for fast charging lithium-ion batteries, Brookhaven National Laboratory announced in a press release earlier in March. The team of r...
    COVID-19 pandemic: Schaeffler Group suspends guidance for financial year 2020
    Schaeffler Group has suspended its guidance for the financial year 2020 due to the coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 24 March. Schaeffler said that a package of measures is being implemented to manage the crisis and a new guidance is expec...
    26-Mar-2020 News COVID-19
    ZF 2019 sales drop marginally y/y to USD40.9 billion
    ZF’s sales declined 1% year-over-year (y/y) to EUR36.5 billion (USD40.9 billion) in the financial year ended 31 December 2019, the automotive supplier said in an annual press conference in Friedrichshafen, Germany, on 26 March. Adjusted for currency and merger and acquisition (M&A) effects, sa...
    COVID-19 pandemic: Rolec EV temporarily suspends manufacturing operations
    Rolec EV has decided to temporarily suspend its manufacturing operations in the UK due to the coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 25 March. Rolec EV said that production is on hold until the government announces that it is safe for empl...
    26-Mar-2020 News COVID-19
    CATL partners with Baicheng New Energy for EV charging services JV
    Chinese battery maker Contemporary Amperex Technologies (CATL) has formed a joint venture (JV) with Baicheng New Energy on 6 March to bring electric vehicle (EV) charging solutions across China, China Daily reported on 16 March. CATL holds 49% of shares in the new JV Shanghai Kuaibu New Energy ...
    CEVT, Momentum Dynamics unveil high-power wireless charging system
    Momentum Dynamics, a provider of high-power wireless charging for EV, and CEVT, a subsidiary of Volvo’s parent Geely, have jointly unveiled a high-power wireless charging system, according to a press release on 27 February. The companies demonstrated the new charging system on a passenger vehicle ...
    26-Mar-2020 News New Products
    SDK Group develops new packaging material for EV lithium-ion batteries
    Showa Denko Packaging Co., Ltd. (SPA), a consolidated subsidiary of Showa Denko K.K. (SDK), has developed a new packaging material for electric vehicle (EV) lithium-ion batteries (LIB), according to a company press release on 18 March. The company plans to start production of the new product in Marc...
    26-Mar-2020 News New Products
    India-based Lithium Urban partners with Fourth Partner Energy for EV charging services
    Commercial electric vehicle (EV) fleet operator Lithium Urban Technologies has partnered with renewable energy solutions provider Fourth Partner Energy to build charging infrastructure in India, Autocar Professional reported on 19 March. The two companies formed a joint venture (JV) called Shuchi An...
    Polestar starts production of Polestar 2 in China
    Polestar has officially started production of the Polestar 2, its second all-electric performance car model, in Luqiao, China, the company said in a press release on 24 March. “The world is facing enormous upheaval in the face of the coronavirus pandemic,” said Polestar CEO, Thomas Ingenlath. ...
    COVID-19 pandemic: BorgWarner revises business outlook for FY 2020
    American automotive parts and components supplier, BorgWarner, has issued a business update in light of the widespread coronavirus disease 2019 (COVID-19) pandemic. According to a press statement issued by BorgWarner on 24 March, the company has mentioned that it has liquidity of approximately USD2....
    25-Mar-2020 News COVID-19
    MAHLE opens new battery testing center in UK
    MAHLE Powertrain has opened a new, dedicated facility for the extensive testing of battery modules in the UK, according to a report by Green Car Congress on 24 March. The new testing center, based at the powertrain specialist’s Northampton technical center, enables the strip-down and disassembly o...
    25-Mar-2020 News Investments
    COVID-19 pandemic: Dana withdraws FY 2020 financial outlook
    Dana has decided to withdraw its full-year financial guidance in the wake of the coronavirus disease 2019 (COVID-19) pandemic, the US-based automotive supplier said in a press release on 23 March. The company said its first quarter financial results will be impacted primarily by the changes in custo...
    24-Mar-2020 News COVID-19
    Toshiba to supply lithium-ion battery for Mitsubishi, Nissan’s hybrid models
    Toshiba is supplying its SCiB™ lithium-ion rechargeable battery for two Japanese automakers’ hybrid models, according to a company press release on 23 March. The company is supplying batteries for Mitsubishi Motors’ latest generation eK X space and eK space cars as well as Nissan’s...
    COVID-19 pandemic: Panasonic to suspend battery production at Tesla JV in US
    Panasonic will temporarily suspend production at its battery joint venture (JV) with US-based electric vehicle (EV) maker Tesla Inc. in Nevada, US, due to the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a Reuters report on 23 March. According to the report, Pana...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Marelli temporarily suspends operations at several North American facility
    Marelli has announced a temporary suspension of production at several of its North American facilities in response to the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, which is resulting in lower demand and supply chain bottlenecks, according to a company press release on 23 Marc...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: ElringKlinger reduces production at Europe, North America, India, Brazil
    ElringKlinger, the auto parts supplier based out of Dettingen an der Erms, Germany, has announced that it will be cutting its manufacturing operations across multiple locations, as a fallout of the coronavirus disease 2019 (COVID-19) pandemic. In a press statement issued on 23 March, the automoti...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: ACTIA Group temporarily suspends production at French plants
    ACTIA Group has decided to temporarily suspend production at its French plants, the company announced on its website. The suspension is for two weeks and resumption of production is scheduled to start from 1 April 2020. “To follow up on the confinement directives communicated by the French governm...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: MAHLE to suspend operations at all European sites by 25 March
    MAHLE has announced that it has started successively suspending production at all its plants in Europe due to the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 20 March. All European production sites are being successively closed down in a controlled mann...
    23-Mar-2020 News COVID-19
    AutoTechInsight Weekly – 23 March 2020
    Click the link above to download this week's issue
    COVID-19 pandemic: Schaeffler cuts production in Europe
    In a press release dated 19 March, Schaeffler announced that it will adjust its production capacities in Germany and Europe. Schaeffler said that adjustments will be made location by location and will consider the specific requirements in the divisions. The company agreed to a set of measures yester...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: ZF suspends operations in Europe, North America
    Major German auto parts supplier ZF Friedrichshafen announced that the company is suspending many operations in Europe and North America over the coming days due to the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a statement from Wolf-Henning Scheider, CEO of ...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Denso announces partial shutdown of North American facilities
    Denso has announced a partial shutdown at its North American facilities in a bid to adjust to customer production changes and prevent further spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 20 March. The company said many of its North American faci...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Bosch suspends production at German plants
    Bosch has announced suspension of production at its German locations due to a reduction in customer demand as a result of the coronavirus disease 2019 (COVID-19) pandemic, the Germany-based supplier said in a press release on 20 March. The company informed that starting 25 March, it will drastically...
    23-Mar-2020 News COVID-19
    Nissan plans to offer all-electric powertrain in all upcoming models in Japan
    Nissan is planning to offer all-electric powertrains in all its upcoming models, both new and redesigned, in Japan, from 2020 onward, Nikkei Asian Review reported on 14 March. According to the report, Nissan is planning to launch an all-electric sport utility vehicle (SUV) in the second half of...
    COVID-19 pandemic: Marelli to temporarily halt manufacturing at majority of European plants
    Marelli has decided to temporarily suspend operations at the majority of its production facilities in Europe for the next week in response to the sharp increase in infection and deaths due to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 19 March. “I...
    20-Mar-2020 News COVID-19
    Nissan, partners complete V2G trial project in Germany
    Nissan, TenneT, and The Mobility House have completed a vehicle-to-grid (V2G) project in Germany, the automaker announced in a press release on 16 March. As part of a showcase project (SINTEG) of the German Federal Ministry for Economic Affairs and Energy, batteries from all-electric ...
    BMW to offer all-electric powertrain in next-generation 7-Series
    In a press release dated 18 March, BMW has announced that it will offer an all-electric powertrain in the next-generation 7-Series. The luxury sedan is expected to be made available in four different types of drivetrain: as a highly efficient diesel-, or petrol-driven car; as an electrified plu...
    20-Mar-2020 News New Products
    POLICY: Serbia announces subsidy program for EVs
    Serbia has introduced a new subsidy program for purchase of electric vehicles (EV) and hybrid vehicles, SeeNews reported on 16 March, citing a statement from the government. Under the program, light all-electric vehicles will be eligible for EUR5,000 (USD5,300) and plug-in hybrid vehicles (PHEV...
    COVID-19 pandemic: Tesla suspends production at US plant
    Tesla has announced a temporary suspension of production at its Fremont vehicle plant in California, US, from 24 March, Reuters reported on 19 March, citing the automaker. However, the company said that operations at its gigafactory in Nevada will continue. Tesla is also continuing its operations in...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: Garrett Motion resumes production at Wuhan plant
    Swiss auto components supplier Garrett Motion has announced that it has resumed operations at its facility in Wuhan, China. The city of Wuhan, located in China’s Hubei province, was the epicenter of the coronavirus disease 2019 (COVID-19) pandemic. In a press statement issued on 19 March, ...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: SKF announces measures to reduce impact on operations
    As a result of the increasing threat of the coronavirus disease 2019 (COVID-19) pandemic, Sweden-based bearing and seal manufacturing firm SKF has announced its intention to lower its production output. According to a press statement issued by the company on 19 March, SKF will take steps that inc...
    20-Mar-2020 News COVID-19
    NSK develops ultra-high-speed ball bearing for EV motors
    Japan-based NSK has developed a new ultra-high-speed bearing ideal for electric vehicles (EV), including battery electric, hybrid, and other new energy vehicles, the company announced in a press release on 18 March. The new bearing enables electric motors to operate at higher speeds, improving fuel ...
    19-Mar-2020 News New Products
    Chinese city Guangzhou offers incentives for purchase of NEVs
    In a bid to push up demand for new electric vehicles (NEV), Chinese city Guangzhou has announced incentives for all-electric and plug-in hybrid vehicles, Automotive News reported on 16 March. Guangzhou will offer an incentive of CNY10,000 (USD1,426) for both all-electric and plug-in hybrid vehicles ...
    Peugeot to offer additional subsidy for purchase of all-electric cars in UK
    Peugeot has announced that it will offer a subsidy of GBP500 (USD607) to add to the updated Plug-in Car Grant (PICG) of GBP3,000 for its all-electric models in the UK, according to a company press release on 16 March. The additional subsidy will be given for all orders and registrations before the 3...
    South Korean university UNIST develops new catalyst for metal-air batteries
    Ulsan National Institute of Science and Technology (UNIST) in South Korea has developed a new catalyst for improving the charge-discharge performance of metal-air batteries, news website Green Car Congress reported on 16 March. According to the researchers, the metal catalyst—cobalt oxide—which ...
    Preh appoints Dr. Stephan Weng new CEO
    Preh has appointed Dr. Stephan Weng as the new CEO of the company, effective 1 July 2020, according to a company press release on 17 March. He succeeds Christoph Hummel, who resigned for health reasons. Dr. Michael Roesnick, who moved from the supervisory board to the management of Preh GmbH in N...
    ABB develops new EV home charger
    ABB has unveiled its new electric vehicle (EV) home charger called Terra AC wallbox, according to a company press release on 9 March. The new Terra AC wallbox is available in up to 22-kW variants to ensure compatibility with the electrical system of homes and buildings globally. The new home EV char...
    18-Mar-2020 News New Products
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