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    COVID-19 Impact Survey: Automotive Semiconductors Survey Results
    COVID-19 Impact Survey: Automotive Semiconductor Survey Results
    01-May-2020 Report E/E and Semiconductor Pinned Featured
    Report
    COVID-19 pandemic: Automotive Supplier Plant Downtime Tracker
    Click the link above to download 'COVID-19 pandemic: Automotive Supplier Plant Downtime Tracker'
    06-Apr-2020 Insights COVID-19 Pinned
    Insights
    Liberty Global Ventures, Zouk Capital form new EV charging JV in UK
    Liberty Global Ventures and Zouk Capital have formed a new electric vehicle (EV) charging joint venture (JV) in the United Kingdom, called â€Liberty Charge’, the company announced in a press release on 20 May. Liberty Charge will roll out on-street residential EV charging points in the country. ...
    26-May-2020 News Joint-ventures
    News
    Tritium offers 'Plug and Charge” service for 350 kW fast chargers
    Tritium has launched its 'Plug and Charge” service at its 350-kW fast chargers, news website Green Car Congress reported on 22 May. The technology enables an electric vehicle (EV) and charger to communicate seamlessly and authorize payments directly from the driver’s account, without using a car...
    26-May-2020 News Technology Trends
    News
    Mercedes-Benz starts sale of all-electric EQV
    Mercedes-Benz has started the sales of its all-electric multipurpose vehicle (MPV) â€EQV’, the company announced in a press release on 25 May. The van comes with a 100-kWh battery which enables a range of up to 418 km. The electric drive train (eATS) offers a peak power of 150 kW (204 hp) and a m...
    26-May-2020 News New Products
    News
    Octopus Energy launches EV charging service 'Electric Juice Network' in UK
    Octopus Energy has launched a new electric vehicle (EV) charging service 'Electric Juice Network' in the United Kingdom, the company announced in a press release on 15 May. The Electric Juice Network offers EV drivers a single way to pay for all their charging—whether charging at home, on the stre...
    26-May-2020 News New Products
    News
    AddEnergie launches EV charging network FLO in Canada
    AddEnergie has launched a new electric vehicle (EV) charging network â€FLO’ in Canada, the company announced in a press release on 15 May. The network has nearly 2,000 charging stations in B.C., Ontario, QuĂ©bec, New Brunswick and Nova Scotia, along with interoperability capabilities that can ext...
    26-May-2020 News Corporate developments
    News
    COVID-19 impact: Thailand’s FTI mulls repurposing auto parts plants to make medical devices or aircraft parts
    The auto part industry club under the Federation of Thai Industries (FTI) is conducting a feasibility study on repurposing local auto parts manufacturing plants to build medical devices or aircraft parts, the Bangkok Post reported on 26 May. “The club wants to support its members adjusting their b...
    26-May-2020 News COVID-19
    News
    Bosch’s sales in mainland China declines 5.9% y/y to USD15.6 billion in 2019
    Bosch reported 5.9% year-over-year (y/y) decline in sales in mainland China to CNY109.3 billion (USD15.3 billion) in the financial year ended 31 December 2019, the Germany-based automotive supplier announced during 2020 Annual Press Conference in Shanghai earlier in May. Sales of automotive and...
    26-May-2020 News Financial results
    News
    MY 2020 Hyundai Sonata gets hybrid powertrain, solar roof system
    Hyundai North America has announced that the new model year (MY) 2020 Sonata Hybrid will be equipped with a solar roof system. According to a press release issued by Hyundai on 20 May, the solar panel roof can generate 205 W of power and will directly charge both the 12V battery and the hybrid ...
    25-May-2020 News New Products
    News
    AutoTechInsight Weekly – 25 May 2020
    Click the link above to download this week's issue
    25-May-2020 News AutotechInsight Weekly
    News
    Lumen Group receives UL certification for wireless EV charging
    Lumen Group has received UL certification UL 2750 for its Lumen Freedom wireless electric vehicle (EV) power transfer system, according to a press release by UL on 20 May. UL 2750 covers wireless power transfer equipment for transferring power to an EV, including the power source for wireless power ...
    25-May-2020 News Corporate developments
    News
    Lotus, Centrica partner to develop new EV ownership model
    British automaker Lotus has partnered with Centrica to develop a new electric vehicle  (EV) ownership that fully integrates future mobility and energy, the company announced in a press release earlier in May. The partnership will cover a dedicated Lotus EV Energy strategy, charging infrastructu...
    25-May-2020 News Corporate developments
    News
    SMATRICS, EnBW form EV charging JV in Austria
    SMATRICS and EnBW have partnered to form an electric vehicle (EV) charging joint venture (JV) SMATRICS mobility+ GmbH in Austria, SMATRICS announced in a press release on 18 May. According to the company, the JV will operate the largest charging network in Austria and will further expand the existin...
    25-May-2020 News Joint-ventures
    News
    Volkswagen launches all-electric ABT eTransporter 6.1 in UK
    Volkswagen has launched its all-electric van ABT eTransporter 6.1 in the United Kingdom, the company announced in a press release on 18 May. Developed in collaboration with Premium Partner ABT e-Line, the ABT eTransporter 6.1 offers an all-electric range of up to 132 km (82 miles). The van delivers ...
    25-May-2020 News New Products
    News
    BYD plans to launch all-electric sedan Han in Europe after mainland China
    Mainland Chinese automaker BYD will launch Han electric vehicle (EV) in Europe, following its market debut in home market in June 2020, according to a report by Autocar on 13 May. Significance: The details on the Han EV’s powertrain is not available yet; however, BYD said it will have a 0–100...
    25-May-2020 News Corporate developments
    News
    COVID-19 pandemic: Indian supplier highlights labor shortage issue in ramping up operations
    Labor shortage on the back of mass exodus of migrant labor from industrial belts may prove to be a challenge in scaling up operations, Sunjay Kapur, chairman of India-based Sona Comstar, was quoted as saying in a report by ETAuto on 21 May. The Indian supplier has started operations at Indian plants...
    25-May-2020 News COVID-19
    News
    FCA starts work on V2G pilot project at Mirafiori plant in Italy
    Fiat Chrysler Automobiles (FCA) and ENGIE Eps have started work on the first phase of the vehicle-to-grid (V2G) pilot project at FCA’s Mirafiori plant in Italy, ENGIE announced in a press release on 20 May. FCA has selected ENGIE Eps as the technology partner for the project, to build that infrast...
    22-May-2020 News Corporate developments
    News
    BMW to start production of all-electric iX3 in summer 2020
    BMW is planning to start production of its all-electric sport utility vehicle (SUV) iX3 in summer this year, Automotive News Europe reported on 21 May, citing BMW CEO Oliver Zipse. The iX3 will be manufactured at BMW Brilliance Automotive (BBA) joint venture plant in Shenyang, China. “The preparat...
    22-May-2020 News New Products
    News
    Britishvolt and AMTE Power sign MoU to set up battery gigafactory in UK
    Britishvolt and AMTE Power have signed a memorandum of agreement (MOU) to explore the setting up of a battery gigafactory in the United Kingdom, Britishvolt announced in a press release on 20 May. The battery cell manufactured at the plant will be used in servicing the automotive and energy sto...
    22-May-2020 News Investments
    News
    Peugeot reveals more details about all-electric van e-Expert
    French automaker PSA has revealed more details of its e-Expert all-electric van. According to a company’s press release earlier in May, the e-Expert will come equipped with 100-kW electric motor, which also powers Opel Corsa-e, the Peugeot e-208, and the e-2008. PSA will offer the new e-Expert van...
    22-May-2020 News New Products
    News
    Mazda starts production of MX-30 all-electric car in Japan
    Mazda has started production of its MX-30 all-electric car at its Ujina plant in Hiroshima, Japan, the company announced in a press release on 20 May. The MX-30 will arrive in European dealerships from autumn 2020 onward and is now available for order. “A stylish and versatile SUV, the MX-30 has b...
    21-May-2020 News New Products
    News
    SVOLT launches two cobalt-free batteries for EVs
    Mainland Chinese automotive battery company SVOLT has officially launched two cobalt-free batteries for new energy vehicles (NEV), the company announced in a press release on 20 May. The batteries use SVOLT’s L6 cobalt-free long cell that is being adapted into a high-end model of Great Wall Motors...
    21-May-2020 News New Products
    News
    GM and LG Chem JV start ground preparation for battery cell plant in US
    General Motors and LG Chem have started ground preparation for the battery cell plant in Lordstown, the United States under their recently announced joint venture (JV), General Motors announced in a press release on 19 May. The JV has been named Ultium Cells LLC. “During the pandemic, product deve...
    21-May-2020 News Investments
    News
    COVID-19 pandemic: ZF secures USD1.48 billion in additional liquidity
    German automotive components and systems supplier ZF Friedrichshafen AG has announced that it has strengthened its liquidity in order to provide it with increased financial flexibility to overcome the challenges caused by the ongoing COVID-19 pandemic. In a press statement issued by ZF on 20...
    21-May-2020 News COVID-19
    News
    BorgWarner partners with GAC Motor to introduce iCTA variable cam timing actuators
    American multinational powertrain components supplier, BorgWarner, has announced its partnership with GAC Motor on its next generation of variable cam timing actuators. According to a press release issued by BorgWarner on 20 May, the company has stated that its intelligent cam torque actuation (iCTA...
    21-May-2020 News New Products
    News
    Varroc appoints Rohit Prakash as president of Metallic Business
    Varroc Engineering Ltd has appointed Rohit Prakash as president of Metallic Business, according to a press release on 21 May. He will be report to Tarang Jain, managing director of Varroc. Rohit has also been appointed the additional/whole-time director of the company. Significance: Rohit Prakash...
    21-May-2020 News Management Changes
    News
    New GMC Hummer EV to feature removable roof panels
    General Motor’s new GMC Hummer electric truck will feature removable roof panels, the automaker announced in a press release on 20 May. Significance: Removable roof panels are also a feature on certain Jeep models. The passengers have the option to remove the roof on their Jeep altogether. T...
    21-May-2020 News New Products
    News
    KYB, REE Automotive join hands to develop suspension for future EV platform
    Japan-based KYB Corporation and REE Automotive (REE) have announced a strategic partnership to develop suspension capabilities for future electric vehicle (EV) platforms, REE said in a press release on 20 May. Under the partnership, KYB's semi-active and active suspension systems will boost REE's ne...
    21-May-2020 News Corporate developments
    News
    COVID-19 pandemic: Mahindra Electric resumes operations in India
    Mahindra Electric, the electric vehicle (EV) business unit of the Indian automaker Mahindra & Mahindra (M&M) has resumed operations in Bengaluru, Karnataka, India, ETAuto reported on 18 May. The EV maker will initially operate at 30% capacity before gradually increasing this up to 50%. â€...
    20-May-2020 News COVID-19
    News
    COVID-19 pandemic: Continental increases liquidity with two bonds valued at USD1.64 billion
    German automotive parts and components supplier, Continental, has taken steps to further reinforce its liquidity in light of the unstable market conditions brought on by the effects of the coronavirus disease 2019 (COVID-19) pandemic. According to a press release issued by Continental on 19 May, ...
    20-May-2020 News COVID-19
    News
    Webasto’s FY 2019/20 sales up 9% y/y to USD4 billion
    Webasto Group reported a growth of approximately 9% year on year (y/y) in sales to EUR3.7 billion (USD4 billion) for the fiscal year 2019/20, according to a company press release on 19 May. “The weakening economy, the increased pricing pressure in the automobile industry and international trade...
    20-May-2020 News Financial results
    News
    Renault deploys 500 ZOE for ZITY car-sharing service in Paris
    Groupe Renault continues the operational deployment of the ZITY free-floating service in Paris, according to a company press release on 19 May 2020. The automaker said starting 20 May, a fleet of 500 pure electric Renault ZOE cars is available to Parisians on a self-service basis. The automaker said...
    20-May-2020 News Corporate developments
    News
    Xpeng Motors receives production license for new car plant in mainland China
    Xpeng Motors has received the official production license from China’s Ministry of Industry and Information Technology for its new fully-owned Zhaoqing car plant, according to a press release on 19 May. The Zhaoqing Xpeng Motors Intelligent Industrial Park is located in China’s southern city of ...
    20-May-2020 News Corporate developments
    News
    Panasonic mulls expanding battery cell production at joint plant with Tesla in US
    Panasonic is in talks with Tesla to expand battery cell production capacity at their joint plant near Reno in Nevada, United States, Nikkei Asian Review reported on 19 May. “There is very strong demand from Tesla," Panasonic’s CFO Hirokazu Umeda, confirmed while presenting the company annua...
    20-May-2020 News Investments
    News
    Toyota launches MY 2021 Sienna minivan in US with hybrid powertrain as standard
    Japan-based automotive manufacturer, Toyota, has announced the launch of the latest version of its minivan, the Sienna, in the United States. In a press statement issued by Toyota on 18 May, the fourth generation of the Toyota Sienna will be put on sale with a hybrid powertrain as standard. The T...
    20-May-2020 News New Products
    News
    Citroën reveals details about ë-Jumpy all-electric compact van
    In a press release dated 12 May, CitroĂ«n revealed details about the upcoming all-electric compact van Ă«-Jumpy. The van will be offered with two battery options—a 50 kWh battery and a 75 kWh battery. The smaller battery delivers  a range of 230 kilometers, as per Worldwide Harmonised Light V...
    19-May-2020 News New Products
    News
    Ford starts delivery of plug-in hybrid Explorer in Europe
    Ford has started delivering its new plug-in hybrid Explorer to customers across Europe, the company announced in a press release on 14 May. The Explorer Plug-In Hybrid is equipped with Ford’s powerful 3L EcoBoost V6 petrol engine with an electric motor, generator–producing a combined 457 PS and ...
    19-May-2020 News New Products
    News
    UK aims to install 6,000 high power charging point by 2035
    The United Kingdom is aiming to install 6,000 high power charging points across England’s motorways and major A roads by 2035, the government announced in a press release on 14 May. This is an increase from 6 high power charging points expected to be available by 2023 and 2,500 expected by 2030. T...
    19-May-2020 News Policy & Regulation
    News
    Panasonic's net sales falls 6.3% y/y to USD69.4 billion in FY2019/20
    Panasonic Corporation has reported a fall of 6.3% year on year (y/y) in its net sales to JPY7.4 trillion (USD69.4 billion) during the financial year ended 31 March 2020, according to a company press release on 18 May. Net income for the fiscal year also dropped by 20.5% y/y to JPY225.7 billion. ...
    19-May-2020 News Financial results
    News
    New Toyota Venza launched in US with hybrid powertrain, electronic on-demand AWD as standard
    Japanese automotive major, Toyota, has launched the newest version of its mid-size crossover, the Venza, in the United States. According to a press statement issued by the company on 18 May, the new Toyota Venza will be put on sale exclusively as a hybrid. The vehicle gets Toyota’s new TNGA-K unde...
    19-May-2020 News New Products
    News
    Tesla to establish 4,000 superchargers across mainland China in 2020
    Tesla plans to add 4,000 V2 and V3 Superchargers across China in 2020, according to a report by China.org on 14 May citing Tesla’s official statement. The stations are being built in nearby grocery stores, downtown districts, and shopping centers. In addition, Tesla is building charging stati...
    19-May-2020 News Corporate developments
    News
    AutoTechInsight Weekly – 18 May 2020
      Click the link above to download this week's issue
    18-May-2020 News AutotechInsight Weekly
    News
    Lexus UX 300e EV features newly developed 54.3 kWh high-capacity battery
    Lexus is set to offer a newly developed 54.3 kWh high-capacity battery in the all-electric UX 300e, the company announced in a press release earlier this month. The new battery enables a range of 400 km (as per New European Driving Cycle) in UX 300e. Lexus is offering 10-year (or 1 million km) ...
    18-May-2020 News New Products
    News
    New Kicks with e-Power powertrain is built in Thailand
    Nissan has launched the new Kicks with e-power technology, the company announced in a press release on 15 May. The new Kicks with e-Power powertrain is built in Thailand. "The launch of the all-new Nissan Kicks e-POWER in Thailand represents the disruptive and innovative DNA of Nissan that we contin...
    18-May-2020 News New Products
    News
    Karma Automotive showcases AWD E-Flex platform
    Karma Automotive has showcased the latest iteration of its E-Flex platform with two motor all-wheel drive (AWD) and extended range electric vehicle (EREV) architecture, the company announced in a press release on 14 May. Karma Automotive said that the platform is equipped with Karma’s new Silicon ...
    18-May-2020 News New Products
    News
    Ford improves charging performance of all-electric Mustang Mach-E
    Ford Motor has significantly reduced charging time of its upcoming all-electric sport utility vehicle (SUV) Mustang Mach-E, the company announced in a press release on 15 May. Mustang Mach-E with extended-range battery and rear-wheel drive (RWD) can now add an estimated average of 98 km (61 mil...
    18-May-2020 News New Products
    News
    COVID-19 pandemic: Panasonic resumes production at Tesla's plant in Nevada, US
    Panasonic has resumed battery cell production at Tesla’s gigafactory in Nevada, US, news website The Verge reported on 15 May, citing information from the company. However, Panasonic will keep the operations at Tesla’s Buffalo, New York, solar panel factory suspended. “We will not restart manu...
    18-May-2020 News COVID-19
    News
    COVID-19 impact: Automotive suppliers in India to put USD4 billion worth investment on hold until 2022
    Automotive suppliers in India are likely to defer their planned capital expenditure of USD4 billion until 2022 as they stare at unutilized capacity due to low demand and shift focus on preserving cash amid the coronavirus disease 2019 (COVID-19) pandemic, a top official of the Auto Component Manufac...
    18-May-2020 News COVID-19
    News
    DSM, Lightyear partner to develop solar roofs for EVs
    Royal DSM and electric vehicle (EV) startup Lightyear have partnered to develop and commercialize Lightyear’s solar-powered roof for the electric vehicle market, the company announced in a press release on 14 May. Under the partnership, the companies are aiming to integrate solar-powered roofs in ...
    15-May-2020 News Corporate developments
    News
    Mainland China releases new mandatory EV safety standards
    Mainland China has released new mandatory safety standards for electric vehicles, China’s Ministry of Industry and Information Technology announced in a press release on 13 May. The ministry released three standards—GB 18384-2020 "Safety Requirements for Electric Vehicles", GB 38032-2020 "Safety...
    15-May-2020 News Policy & Regulation
    News
    California awards USD7.8 million to two lithium recovery projects
    California Energy Commission (CEC) has announced a grant of USD7.8 million to two lithium recovery projects, CEC announced in a press release on 13 May. This includes USD6 million for BHER Minerals, LLC and USD1.8 million for Palo Alto-based Materials Research LLC. “California’s energy goals wil...
    15-May-2020 News Policy & Regulation
    News
    Kia unveils EV strategy for Europe
    In a press release dated 13 May, Kia unveiled a new strategy for electric vehicles (EVs) in Europe. Kia said that it will introduce the first of its next-generation EVs, constructed on a unique platform, in Europe in 2021. The vehicle will be a crossover and will offer a single-charge driving r...
    15-May-2020 News Corporate developments
    News
    BorgWarner opens new lab at Noblesville Technical Center in US for electric motors
    BorgWarner has opened a new lab at Noblesville Technical Center in the United States for electric motors, the company announced in a press release on 14 May. The lab will be used for development, testing, validation, and prototype manufacturing of electric motors, and also power electronics for...
    15-May-2020 News Investments
    News
    VisIC, ZF Friedrichshafen partner to develop high-performance inverters for EVs
    VisIC Technologies has announced a partnership with ZF Friedrichshafen to develop next-generation high-performance electric drivelines for vehicles, a company press release read on 14 May. The two companies will combine to focus on 400-volt driveline applications based on VisIC D3GaN semiconductors ...
    15-May-2020 News Corporate developments
    News
    HUBER+SUHNER develops new high-speed EV charging cable
    HUBER+SUHNER has launched a new high-speed electric vehicle (EV) charging cable called RADOX® HPC500, according to a company press release on 14 May. The new product is a new addition to the RADOX® high power charging portfolio. The company claims the new cable to be the world’s first coole...
    15-May-2020 News New Products
    News
    OXIS Energy leases Mercedes Benz Brazil plant to manufacture lithium-sulfur battery cells
    OXIS Energy, along with Minas Gerais Development Company CODEMGE, has leased Mercedes Benz Brazil plant in Juiz de Fora, in the state of Minas Gerais, Brazil to manufacture lithium-sulfur battery cells, the company announced in a press release on 12 May. OXIS informed that there will be an investmen...
    14-May-2020 News Investments
    News
    Lordstown Motors partners with Elaphe for in-wheel motors
    Lordstown Motor has entered into a licensing deal with Elaphe Propulsion Technologies for its in-wheel motor technology, news website FutureCar reported on 12 May. It is expected that Lordstown Motor will use the Elaphe’s Model L1500 in-wheel motor in its Endurance pickup.  "Our relationsh...
    14-May-2020 News Corporate developments
    News
    USABC reissues RFPI for lithium electrode-based cell manufacturing
    United States Advanced Battery Consortium LLC (USABC), has reissued a â€Beyond Lithium-Ion’ request for proposal information (RFPI) for development of a lithium electrode–based cell and manufacturing for automotive traction applications, according to a press release on 13 May. USABC said that t...
    14-May-2020 News Corporate developments
    News
    Shanghai plans to install 100,000 new EV charging points by 2022
    Shanghai is planning to install 100,000 new electric vehicle (EV) charging points by 2022, news website electrek reported on 8 May. According to the report, the new charging points will have enhanced data-collecting capabilities. The chargers are being added as part of Shanghai Municipal Governmentâ...
    14-May-2020 News Policy & Regulation
    News
    M&A: JTEKT acquires Canadian R&D facility to reinforce ECU development
    Japanese auto component manufacturer JTEKT has announced that it has strengthened its presence in the research and development (R&D) space with the acquisition of a Canada-based R&D facility. According to a press release issued on 13 May, JTEKT has stated that it has taken over an R&D ce...
    14-May-2020 News Mergers and Acquisitions
    News
    EV charging solutions startup Wallbox completes Series A investment round
    Wallbox has announced that the company closed a EUR12 million (USD13 million) second tranche of Series A investment in early March, according to a press release on 13 May 2020. The round was led by venture capital fund Seaya Ventures, with additional investment from Endeavor Catalyst and existing in...
    14-May-2020 News Corporate developments
    News
    Israel-based EV motor startup IRP Systems raises USD17 million in Series B funding
    Israel-based electric vehicle motor startup IRP Systems has raised USD17 million in Series B funding, the company announced in a press release on 12 May. The funding round was led by Chinese VC Fosun RZ capital, with additional funds provided by JAL ventures, previous investor Entrée Capital, Tal C...
    13-May-2020 News Corporate developments
    News
    PEV sales in EU more than doubles to 167,132 units in Q1
    Sales of plug-in electric vehicles (PEV) more than doubled year on year (y/y) to 167,132 units, in the European Union (EU) during the first quarter ended 31 March 2020, compared to 83,281 units in the first quarter of 2019, the European Automobile Manufacturers Association (ACEA) announced in a pres...
    13-May-2020 News Production Statistics & Forecasts
    News
    Wuling launches electric minivan Rong Guang EV in mainland China
    Wuling has launched an all-electric minivan Rong Guang EV in mainland China, General Motors (GM), Wuling’s partner, announced in a press release on 11 May. The van will be offered with two variants. The commercial version with sealed side and back windows has an all-electric range of 252 km and is...
    13-May-2020 News New Products
    News
    Toyota cumulatively sells more than 15 million HEVs globally
    Toyota has informed that the company has sold more than 15 million hybrid electric vehicles (HEVs) globally since the Prius was first launched in 1997, its first full hybrid mass-produced car, according to a company press release on 27 April. In Europe, sales of HEVs have passed the 2.8 million m...
    13-May-2020 News Corporate developments
    News
    Infineon Technologies expands StrongIRFET power MOSFET portfolio
    Infineon Technologies has expanded its StrongIRFET 40-60 V MOSFET portfolio by adding three new devices, the company said in a press release on 12 May. It will be part of the in D²PAK 7pin+ package. The devices offer extremely low drain-source on resistance [R DS(on)] and high current-carrying capa...
    13-May-2020 News New Products
    News
    Eaton’s Q1 net sales fall 9.7% y/y to USD4.7 billion
    Power management company Eaton has reported a decrease of about 10% year on year (y/y) in net sales to USD4.8 billion for the first quarter of 2020, according to a company press release on 30 April. “At our annual investor day on 2 March, we indicated that our first quarter would be impacted by...
    13-May-2020 News Financial results
    News
    COVID-19 impact: French supplier Novares goes into temporary receivership
    Novares went into temporary receivership at the end of April, according to a report by Reuters on 11 May. The French automotive supplier sought protection from its creditors after its sales dropped sharply due to  the coronavirus disease 2019  (COVID-19) pandemic and the company struggled ...
    13-May-2020 News COVID-19
    News
    Suppliers to the new Nissan Juke
    The second generation Nissan Juke is assembled at Nissan's facility in Sunderland #1, United Kingdom. According to IHS Markit production forecasts, output of the new generation Nissan Juke from the plant is expected to peak in 2022 at over 102,000 units. If you would like your compa...
    13-May-2020 Insights Car Cutaways
    Insights
    Delphi Technologies Q1 2020 revenue slides 18% y/y to USD945 million
    Automotive powertrain components supplier Delphi Technologies has announced its financial results for the first quarter of this year. According to a press statement issued by Delphi on 6 May, the company has posted a revenue of USD945 million during first quarter 2020, which represents a declin...
    13-May-2020 News Financial results
    News
    Mitsubishi Electric’s FY 2020 revenue falls 1.3% y/y to USD41.38 billion
    Mitsubishi Electric has announced a 1.3% year-on-year (y/y) fall in full year 2020 revenue, a company press release on 11 May showed. Revenue came in at JPY4.46 trillion (USD41.38 billion) compared to JPY4.52 trillion a year earlier. Net profit edged 2.1% lower to JPY221.8 billion. Revenue from i...
    12-May-2020 News Financial results
    News
    BYD to launch all-electric Tang in Norway in 2020
    BYD is planning to launch its all-electric compact sport utility vehicle (SUV) Tang in Norway later in 2020, Green Car Congress reported on 5 May. The BYD Tang EV600 has a 520-kilometer (373 miles) range based on the NEDC test cycle. According to the report, BYD is also planning to a range of commer...
    12-May-2020 News New Products
    News
    EV transmission startup Inmotive raises CAD7.5 million
    EV transmission startup Inmotive has raised CAD7.5 million (USD5.4 million) in Series A round of funding, the company announced in a press release on 30 April. The funding round was a combination of equity and debt conversion and was led by existing investor Up Capital. “[Coronavirus disease 20...
    12-May-2020 News Corporate developments
    News
    Hyundai Mobis develops engine sound system for EVs
    Hyundai Mobis has developed a virtual engine sound system for electric vehicles (EV), called Acoustic Vehicle Alert Sound, The Korea Herald reported on 6 May. According to the report, the system was created by making use of the grille cover of the electric car as part of the speaker. The virtual sou...
    12-May-2020 News New Products
    News
    Tesla raises around USD565 million for Shanghai car plant
    Tesla has entered into an agreement with the Industrial and Commercial Bank of China Limited for a working capital loan of up to CNY4 billion (USD565.5 million) for its Gigafactory Shanghai, the electric carmaker said in a regulatory filing with the United States Security Exchange Commission (S...
    12-May-2020 News Corporate developments
    News
    Garrett Motion’s Q1 2020 net sales slides 10.8% y/y to USD745 million
    Swiss automotive powertrain components supplier Garrett Motion has published its financial results for the first quarter of this year. In a press statement released on 11 May, Garrett Motion has announced that its net sales for the first quarter 2020 period stood at USD745 million, which represents ...
    12-May-2020 News Financial results
    News
    INVESTMENT: FEV to open development and test center for high-voltage batteries in Germany
    FEV is planning to open a new development and test center (eDLP) for high-voltage batteries at the Sandersdorf-Brehna location in Germany in the third quarter of 2020, the company announced in a press release on 7 May. Spread over an area of 12,000 square meter, the complex will have  facilitie...
    11-May-2020 News Investments
    News
    Karma showcases E-Flex platform for flat-floor affordable BEVs
    Karma has showcased a new variant of E-Flex platform with an efficient flat-floor battery electric vehicle (BEV) architecture, the company announced in a press release on 7 May. The new architecture for “Everyday BEV” is a single motor, flat battery pack, and front wheel drive platform with an 8...
    11-May-2020 News New Products
    News
    AutoTechInsight Weekly – 11 May 2020
    Click the link above to download this week's issue
    11-May-2020 News AutotechInsight Weekly
    News
    INVESTMENT: Volkswagen to invest USD486 million in EV battery cell factory in Germany
    Volkswagen is planning to invest EUR450 million (USD486 million) in electric vehicle (EV) battery cell factory in Germany, the company announced in a press release on 8 May. The new plant will be constructed for Volkswagen  joint venture (JV) with Northvolt AB. Volkswagen will erect the buildin...
    11-May-2020 News Investments
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    REGULATION: Mainland China notifies new standard for wireless EV charging
    Mainland China has notified a new standard for wireless electric vehicle (EV) charging, China Electricity Council announced on 6 May. The standard system has 18 planning standards that regulate the technical requirements, performance requirements, functional requirements, safety requirements, commun...
    11-May-2020 News Technology Trends
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    LG Chem mulls partnerships to develop advanced EV batteries
    LG Chem is mulling to enter new partnerships for developing advanced electric vehicle (EV) batteries, the company announced in a press release on 7 May. LG Chem said that its Energy Solutions Unit is pursuing e-mobility innovation by establishing joint ventures (JVs) with global automobile makers an...
    11-May-2020 News Corporate developments
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    Maxus to virtually launch all-electric small van eDELIVER 3
    Maxus is planning to virtually launch its all-electric small van eDELIVER 3 soon, Society of Motor Manufacturers and Traders (SMMT) said on its website, citing Mark Barrett, general manager of Harris Automotive. The Maxus eDELIVER 3 small electric van is equipped with a 52.5-kWh battery that enables...
    08-May-2020 News New Products
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    Lightning Systems launches mobile DC fast charger
    Lightning Systems has launched a mobile DC fast charger for electric vehicles (EVs), the company announced in a press release on 5 May. The charger will provide roadside and parking-lot DC fast charging and is equipped with 192 kWh of high-energy-density, liquid-cooled DC battery storage. “Ever...
    08-May-2020 News New Products
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    Ĺ koda reveals more details of all-electric SUV Enyaq
    In a press release dated 7 May, Ĺ koda Auto announced additional details about its upcoming all-electric sport utility vehicle (SUV) Enyaq iV. The Enyaq iV will come with both rear- and four-wheel-drive options and will also have a maximum range of 500 kilometers based on the Worldwid...
    08-May-2020 News New Products
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    Nissan to launch new Voltia variant of all-electric van e-NV200 in Europe
    Nissan is set to launch the Voltia variant of its all-electric delivery van e-NV200 in Europe, the company announced in a press release on 7 May. The e-NV200 XL Voltia gets an elongated load bay with enlarged 8-cubic-meter cargo capacity. The e-NV200 XL Voltia will be made available in all European ...
    08-May-2020 News New Products
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    EV sales in Sweden grow 23% y/y to 6,763 units in January–April period
    Sales of all-electric cars in Sweden jumped 23% year on year (y/y) to 6,763 units during the January to April period, Statistics Sweden (SCB) announced in a press release on 5 May. Plug-in hybrid vehicle (PHEV) sales in Sweden witnessed a growth of 116% y/y to 16,126 units during the first...
    08-May-2020 News Production Statistics & Forecasts
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    COVID-19 pandemic: Automotive industry associations in India urge government to allow restart of operations
    The three key automotive industry associations in India—the Society of Indian Automobiles Manufactures (SIAM), the Automotive Components Manufacturers Association of India (ACMA) and the Federation of Automobile Dealers Association (FADA)—have urged the Indian government to give go-ahead signal ...
    08-May-2020 News COVID-19
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    Gentherm’s first-quarter 2020 revenue falls 11.4% y/y to USD228.6 million
    Gentherm has reported an 11.4% year-on-year (y/y) decline in revenue to USD228.6 million in the first quarter ended 31 March 2020, the company said in a press release on 7 May. Excluding the impact of foreign exchange translations and divested assets, the company’s revenue decreased 7.5% y/y. Oper...
    08-May-2020 News Financial results
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    H2 Mobility opens new hydrogen refueling station in Germany
    H2 Mobility, along with its partners Shell and Air Liquide, has opened hydrogen a new refueling station in Germany’s Dortmund in the North Rhine-Westphalia region, according to a report by H2 View on 7 May. The new hydrogen station is funded by the European Commission through the Fuel Cells and...
    08-May-2020 News Corporate developments
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    Benteler to develop front and rear axle modules for Evergrande EVs
    Benteler Automotive has received a major contract from its Chinese customer Evergrande. According to a press release on 7 May 2020, Benteler will develop front and rear axle modules for Evergrande electric vehicles (EV). "We are developing the front and rear axle modules for mid-range and luxury ...
    08-May-2020 News OEM Purchasing
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    ElringKlinger’s Q1 2020 revenue slides 10.2% y/y to USD429.7 million
    ElringKlinger’s revenue declined 10.2% year over year (y/y) to EUR354.9 million (USD429.7 million) in the first quarter ended 31 March 2020, the Germany-based automotive supplier said in a press release on 7 May. The company’s organic revenue fell by 9.8% y/y in the quarter, when global vehicle ...
    08-May-2020 News Financial results
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    Continental’s consolidated Q1 2020 sales fall 10.9% y/y to USD10.57 billion
    German automotive components supplier Continental has published its financial results for the first quarter of this year. In a press statement issued by Continental on 7 May, the company stated that its consolidated sales for the first quarter of 2020 stood at EUR9.8 billion (approximately USD10.57 ...
    08-May-2020 News Financial results
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    Veoneer launches collision mitigation technology on new Polestar 2
    Veoneer has launched its suite of collision mitigation technology for the Polestar 2 electric vehicle (EV), the company said in a press release on 6 May. The company’s fourth generation mono vision system, 77 GHz front radar, and an ADAS electronic control unit (ECU) are some of the components in ...
    07-May-2020 News Corporate developments
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    Karma Automotive showcases E-Flex platform for electric LCVs
    Karma Automotive has showcased a new version of  E-Flex platform for electric light commercial vehicles (LCV), according to a company press release on 30 April. Karma’s new extended range electric vehicle (EREV) E-Flex van platform provides the ability to have flexible all-electric range up t...
    07-May-2020 News New Products
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    NIO delivers 3,155 units of ES6, ES8 EVs in April, up 180.7% y/y
    NIO delivered 3,155 units of ES6, ES8 all-electric vehicles in April, which is a growth of 180.7% year on year (y/y), the company announced in a press release on 6 May. The deliveries consisted of 2,907 units of the ES6s electric sport utility vehicle (SUV), and 248 units of the ES8s smart electric ...
    07-May-2020 News Production Statistics & Forecasts
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    Charge4Europe partners with GIREVE for EV roaming platform
    Charge4Europe has selected GIREVE’s roaming platform to increase its coverage of its electric vehicle (EV) charging network across Europe, GIREVE announced in a press release on 5 May. The partnership will give EV drivers, who are members of Charge4Europe access to charging on GIREVE’s already c...
    07-May-2020 News Corporate developments
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    Nissan to launch e-power technology in Thailand
    Nissan is planning to introduce its e-power technology in Thailand soon, the company announced in a press release on 5 May. Thailand will also be the first market after Japan to manufacture e-POWER technology. "Nissan's commitment is to change the way we all drive and live. As leaders in electrifica...
    07-May-2020 News Corporate developments
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    BorgWarner Q1 2020 net sales drops 11.2% y/y to USD2.28 billion
    American multinational automotive parts manufacturer, BorgWarner, has announced its financial results for the first quarter of 2020. In a press statement released on 6 May, the company reported net sales of USD2.28 billion during first quarter 2020, which implies a fall of 11.2% year over year (y/y)...
    07-May-2020 News Financial results
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    COVID-19 pandemic: Mahle prepares to resume production in Europe
    Mahle has announced in a press release on 30 April that the company is preparing intensively for the resumption of production in Europe. The company had suspended production at all its plants in Europe due to the coronavirus disease 2019 (COVID-19) pandemic in late March. “We have delivery capa...
    07-May-2020 News COVID-19
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    BorgWarner consents to Delphi’s revolver draw down, amends acquisition agreement
    Automotive powertrain components manufacturers BorgWarner and Delphi Technologies have announced that certain terms of the definitive transaction agreement the companies entered into, under which BorgWarner was to acquire Delphi Technologies in an all-stock transaction, have been amended. In a pr...
    07-May-2020 News Mergers and Acquisitions
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