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    Automotive R&D investment to grow in 2021 despite COVID-19 setbacks
    The survey results indicate that R&D spending is critical for medium- and long-term goals for companies within the industry, particularly to develop their market positioning. However, some companies are still cautious about planning a high-spending year until the market conditions for products h...
    Android’s grip tightens on automotive OS
    Android Automotive has taken the automotive headunit by storm. From its initial introduction in early 2017 until now, six global automakers across more than 10 brands have signed on, accounting for nearly one-fifth of all vehicles once fully rolled out. The significance of Android Automotive lies wi...
    AUTOCRYPT, University of Windsor partner on connected car and autonomous vehicle security R&D
    AUTOCRYPT, a leading autonomous driving security solutions provider, announced on 17 May as per PRNewswire press release, about their partnership with the SHIELD Automotive Cybersecurity Centre of Excellence, hosted by the University of Windsor, to prioritize research and development in securing con...
    Hyundai, Samsung collaborate on chip development
    Samsung has joined forces on 17 May with Hyundai Motor Co. to collaborate with the South Korean government and some agencies to tackle headlong the global chip shortage. The agreement recently signed by both companies and the Korean Electronics Technology Institute; the Korea Automotive Technol...
    Fujitsu, AWS partner to accelerate digital transformation in the mobility industry
    Japanese information and communication technology (ICT) company Fujitsu announced a partnership with Amazon Web Services (AWS) to accelerate the digital transformation (DX) of the mobility industry, according to a press release on the company website dated 14 May. The collaboration will position Fuj...
    IT solution provider SRM Tech partners with AUTOSAR
    SRM Technologies has partnered with Automotive Open System Architecture (AUTOSAR) as per the press release on the official website dated 6 May. The partnership aims to help take forward concepts such as autonomous driving technology, connected vehicles, electrification of the power train, and shared...
    JOINT VENTURE: Marelli, PUNCH form JV to develop, assemble integrated e-axles for EVs
    Global automotive supplier, Marelli and driveline and powertrain supplier, PUNCH (via PUNCH Motive International) have formed a joint venture (JV) to facilitate “Marelli’s shift toward electrification through the development and assembly of integrated e-axles for electric vehicles (EVs).” The ...
    Polestar partners with blockchain provider Circulor for supply chain traceability
    Sweden’s Polestar has announced on its company’s website on 11 May that it has begun a partnership with blockchain provider Circulor. The new partnership aims to trace a range of raw materials, focusing on those with identified risks in either environmental and human rights, such as nickel,...
    Michelin collaborates with Arity for connected car insights to make US roads safer
    Michelin has announced a partnership with Arity under which the companies will develop data-powered solutions for transportation departments and cities to improve road safety across the United States. According to a press release dated 6 May, the partnership will leverage MICHELIN Driving Data to In...
    Audi launches initiative for digital factory transformation in Heilbronn, Germany
    Audi is launching the ‘Automotive Initiative 2025’ to establish a world-leading competence network for digital factory transformation and innovation as per a press release on company’s website dated 30 May. In Neckarsulm, Germany, the Audi site will assume a central role as a pilot fac...
    04-May-2021 News Investments
    Innoviz, Vueron announce collaboration for lidar-only autonomous driving
    As per a press release on PRNotes dated 3 May, Innoviz Technologies and Vueron Technology announced a partnership to build an autonomous driving platform for LiDAR-only self-driving vehicles; the collaboration will leverage Innoviz’s high-resolution lidars and Vueron’s perception software for a ...
    AEye expands management team; valuation slips to USD1.5 billion on new SPAC merger terms
    AEye, the global leader in active, next-generation LiDAR solutions, on the official website dated 3 May, announced it had added General Counsel Andrew Hughes and Chief of Staff Brent Blanchard to its executive team, bringing additional domain and public company experience. The company has also am...
    EVgo, GM unveil fast charging stations from EV charging infrastructure collaboration
    EVgo announced on 28 April that it has opened the first three fast charging stations from the company's collaboration with General Motors (GM) to triple the size of its current network. "GM agrees with the customer need for a robust charging experience that makes the transition to an EV...
    Continental, Iteris collaborate on intelligent infrastructure for safer, more efficient roadways
    Continental and Iteris, Inc., the smart mobility infrastructure management leader, announced a collaboration agreement on the company website dated 27 April to explore intelligent infrastructure solutions for communities across North America. “Smart mobility is in our DNA at Continental, a...
    LiDAR startup RoboSense, Banma, AutoX ally on high-level autonomous driving platform
    According to a press release by Business Wire dated 23 April, RoboSense, the leading smart lidar sensor provider, announced a strategic partnership with Banma Network Technology, an intelligent automobile operating system and solution provider that cooperated with Alibaba Group and SAIC Motor, ...
    Lidar startup RoboSense joins Webasto on smart roof module with integrated MEMS LiDAR
    According to a report by Business Wire dated 26 April, lidar system provider RoboSense and market leader for roof systems Webasto announced a cooperation during the Shanghai Auto Show on the intelligent Roof Sensor Module that is integrated with RoboSense automotive-grade MEMS LiDAR RS-LiD...
    JOINT VENTURE: Martinrea, NanoXplore establish JV to develop graphene EV batteries
    Lightweight structures and propulsion systems supplier, Martinrea International, and graphene producer NanoXplore Inc. have announced a new joint venture (JV) company called VoltaXplore Inc. to develop electric vehicle (EV) batteries enhanced with graphene. Graphene is light, flexible, strong, and h...
    STMicroelectronics joins mioty alliance for IoT applications
    STMicroelectronics (STMicro) has joined the MIOTY Alliance to support massive internet of things (IoT) applications. The company will promote the novel telegram-splitting ultra-narrow-band (TS-UNB) technology, commercialized as MIOTY, as an alternative to low-power wide-area (LPWA) protoco...
    Sony, Vodafone Germany begin 5G driving tests of VISION-S Prototype
    The Sony Group Corporation and Vodafone Germany began the VISION-S Prototype 5G driving tests on a test course in Aldenhoven, Germany, according to a press release on the company’s website dated 21 April. VISION-S Prototype is equipped with 5G network connectivity, which enables a continuous co...
    Renesas, SiFive to develop next-gen RISC-V solutions for automotive applications
    Renesas Electronics Corporation and SiFive, Inc., the industry leader in RISC-V processors and silicon solutions, announced a strategic partnership to develop next-generation, high-end RISC-V solutions for automotive applications. According the press release dated 21 April on Renesas' website, ...
    Velodyne Lidar, Gatik set up middle-mile autonomous delivery network
    In company press release dated 20 April, Velodyne Lidar announced a multiyear sales agreement with Gatik, the industry leader in automating on-road transportation networks for business-to-business (B2B) middle mile logistics. The companies plan to provide lidar sensors for a middle-mile transpo...
    Navya, REE Automotive partner to develop Level 4 autonomous system
    Navya, a leading company in autonomous driving systems, and REE Automotive, an innovator in e-Mobility, announced an agreement to develop a Level 4 autonomous system including REE corner technology and Navya self-driving solutions. The press release was announced on 19 April in REE's company we...
    Volvo Cars, DiDi partner for autonomous driving test fleet
    According to a company press release dated 19 April, Volvo Cars, a global leader in automotive safety, and DiDi Autonomous Driving, the self-driving technology arm of DiDi Chuxing, have signed a strategic collaboration agreement on autonomous vehicles for DiDi’s self-driving test fleet. The XC9...
    Synopsys partners with Renesas to develop DSO.ai design system for automotive chip design
    Synopsys announced the adoption of Design Space Optimization AI (DSO.ai) by Renesas into its automotive chip design environment, according to a 15 April press release. This will allow Renesas augment its ability to search design spaces for better performance-power-area (PPA) solutions and explore a ...
    Hyundai seeking to build partnership with Samsung SDI for EV batteries
    Hyundai Motor is looking to build a partnership with Samsung SDI, as it shifts to eco-friendly vehicles in the future, reports The Korea Times. Significance: The partnership comes at the right time as Hyundai Motor plans to source EV batteries and automotive components, while Samsung is a strong ...
    Hyundai, Kia, SK Innovation to collaborate on HEV battery development
    Hyundai Motor, Kia, and SK Innovation have announced that they will be collaborating on the development and production of hybrid electric vehicle (HEV) batteries. According to a press release issued by SK Innovation on 16 April, the companies are collaborating with the goal of developing and mass pr...
    19-Apr-2021 News New Products
    UK's Ocado invests USD13.8 million in autonomous delivery vehicle startup Oxbotica
    British online grocer Ocado plans to invest USD13.8 million in autonomous vehicle software company Oxbotica. The company aims to reduce the cost of last-mile delivery and other logistics. Oxbotica's co-founder Paul Newman said, "By combining both companies' cutting-edge knowledge and resources, w...
    Joint venture: Bosch, Qingling Motors set up JV to produce hydrogen fuel cells in mainland China
    German automotive supplier Bosch and premium commercial vehicle manufacturer Qingling Motors have established a joint venture (JV) in mainland China, named Bosch Hydrogen Powertrain Systems (Chongqing) Co. Ltd. According to a company press release on 14 April, the new company will develop, assemble,...
    Marelli, WHST collaborate on radar solutions aimed at ADAS applications
    Automotive supplier Marelli and a high-tech radar company headquartered in Wuhu mainland China, Wuhu SensorTech Intelligent Technology Co., Ltd. (WHST) have signed an agreement focused on radar sensors, devoted to advanced driver assistance systems (ADAS) and autonomous driving (AD) applic...
    16-Apr-2021 News New Products
    Honda, AutoX partner on autonomous driving research in mainland China
    Honda China is collaborating with AutoX on autonomous driving research in mainland China through vehicle testing on public roads. The company plans to equip the ACCORD and the INSPIRE vehicles with the AutoX autonomous vehicle technology. Through the test, Honda aims to deepen understan...
    LG Electronics-Magna JV close to signing deal with Apple to manufacture EVs
    LG Magna e-Powertrain, a joint venture (JV) between LG Electronics and Magna International is "very near" to signing contracts with Apple to build its early electric vehicle (EV) models, reports The Korea Times. According to the report, Apple plans to limit production volume, as it aims to evaluate ...
    Velodyne, Ansys collaborate to enhance autonomous driving hazard recognition
    Velodyne and Ansys are developing software models of next-generation automotive lidar sensors to substantially improve hazard identification capabilities for highly advanced autonomous vehicles. The collaboration incorporates Velodyne's lidar design into Ansys' virtual sensor suite. It expedite...
    AMTE Power uses acoustic testing to accelerate battery production in Project AcouBat
    AMTE Power has teamed up with HSSMI (London, England), University College London, and JW Froehlich Maschinenfabrik GmbH (Leinfelden-Echterdingen, Germany), in the ATF (Automotive Transformation Fund) funded project AcouBat (Acoustic test for Batteries), which will use novel battery testing processes...
    StradVision partners with European OEM and tier-1 supplier for ADAS
    StradVision, a pioneer in AI-based vision processing technology for autonomous vehicles and advanced driver assistance systems (ADAS), has announced two new partnerships to expand its global footprints. StradVision is partnering with a leading German OEM to supply augmented reality to the Navig...
    EV charging startup On, Siemens to install 120 chargers in Rome, Italy
    Siemens Smart Infrastructure is delivering charging stations and cloud-based software for charging infrastructure management to Italian start-up company name On. The solutions provide the basis for a new electric vehicle (EV) sharing service in Rome developed by the Italian start-up. Siemens is prov...
    Eberspaecher to open new manufacturing plant in Louisville, Kentucky, US
    Germany-based automotive thermal components supplier, Eberspaecher, has announced that it will be investing USD34.4 million to establish a new manufacturing facility in Louisville, Kentucky, US. According to a press release issued by the Cabinet for Economic Development, Kentucky state, on 29 March,...
    Faurecia and Stellantis collaborated to develop hydrogen-powered commercial vehicles
    Stellantis and Faurecia have collaborated to equip its new zero-emission ranges of light commercial vehicles with hydrogen storage systems and fuel cell stacks through Symbio, a joint venture (JV) between Faurecia and Michelin. Faurecia will develop, supply and assemble hydrogen storage systems f...
    Foretellix partners with HiRain for verification and validation of automated driving systems in mainland China
    Jingwei HiRain and Foretellix announced a new partnership to accelerate the distribution and adoption of Foretify, Foretellix's verification and validation platform. It aims to enable the mass deployment of advanced driver-assistance systems (ADAS) and autonomous vehicle systems in mainland Chi...
    ELMS, Geotab collaborate on connectivity and telematics solutions
    Electric Last Mile, Inc. and Geotab Inc. announced a partnership to deliver a factory-installed connectivity solution that will equip ELMS customers with the data they need to manage and optimize their vehicles.It will provide customers with centralized access to their connected vehicle informa...
    Toyota, SinoHytec set up JV to produce hydrogen fuel cells in China
    Toyota Motor has signed an agreement with Chinese fuel cell maker Beijing SinoHytec company to form a 50:50 joint venture named as Toyota SinoHytec Fuel Cell Co. Ltd. The two companies will invest USD36 million each in the new venture, , which will be located in the Beijing Economic-Technological De...
    JOINT VENTURE: Stellantis, Engie EPS to create new e-mobility JV, ‘Free2Move eSolutions’
    Stellantis and Engie EPS have announced updates regarding the joint venture announced in January 2021. According to a press release issued by Stellantis on 31 March, the new JV will be called ‘Free2Move eSolutions’. Free2Move eSolutions will work on supporting and easing the transition to ele...
    Optimus Ride, Polaris partner to launch fully autonomous GEM EVs
    Autonomous shuttle startup Optimus Ride and power sports vehicle manufacturer Polaris are teaming up to codevelop fully autonomous Global Electric Motorcars (GEM) electric vehicles (EVs). Under this joint development agreement, an exclusive line of Polaris GEM low-speed electric vehicles (LSVs) will...
    Brose, Volkswagen sign JV for vehicle seats
    The Brose Group and Volkswagen (VW) have signed an agreement to establish a joint venture (JV) to develop and manufacture complete seats, seat structures and components along with solutions for the vehicle interior, according to a joint press release by the two companies on 26 March. As per the agre...
    Volvo, ECARX to set up JV for developing infotainment system platform
    Volvo has announced a tie up with ECARX, under which the two companies will set up a joint venture (JV) to development and commercialize a new infotainment system platform, a company press release on 23 March read. Volvo and ECARX will also enhance Volvo Cars’ infotainment system platform. The JV-...
    ThunderSoft, Human Horizons form JV for service-oriented architecture framework for connected vehicles
    ThunderSoft has entered into an agreement with Human Horizons to establish a new joint venture (JV) to develop development of service-oriented architecture (SOA) framework for next-generation connected vehicles, the company said in a press release on 10 March. The JV, which will be operated by Th...
    Grupo Antolin, NEAN Auto establish JV to develop automotive electronic solutions
    Grupo Antolin has established a joint venture (JV) with Chinese automotive electronics specialist Shanghai NEAN Auto Technology to jointly develop integrated electronics products for vehicles, the Spain-based supplier said in a press release on 9 March. The two partners will combine their expertise ...
    Vinfast, ProLogium to set up JV to develop solid-state EV battery pack in Vietnam
    Vinfast and ProLogium have signed a memorandum of understanding (MOU) to set up a joint venture (JV) in Vietnam for developing electric vehicle (EV) solid-state batteries (SSB), ProLogium announced in a press release on 3 March. The batteries will be equipped in Vinfast’s EVs.  Debuted fou...
    Enel X to set up EV charging infrastructure JV with Sterling and Wilson in India
    Enel X is set to establish an electric vehicle (EV) charging infrastructure joint venture (JV) with Sterling and Wilson (SWPL) in India, the company announced in a press release on 26 February. The 50:50 JV will market and distribute products, including JuiceBox and JuicePump, which have been licens...
    Electric Last Mile partners with CATL, Jing-Jin Electric North America for EV powertrain system
    Electric Last Mile, Inc. has announced that it has entered into strategic partnerships with Jing-Jin Electric (JJE) North America and Contemporary Amperex Technology Co. Limited (CATL) for the electric powertrain system in the ELMS Urban Delivery vehicle. According to a press release issued by Elect...
    Renesas, LUPA-Electronics jointly develop open front camera platform for automotive use
    Renesas Electronics has tied up with LUPA-Electronics to jointly develop an open front camera solution for automotive applications, the company said in a press release on 24 February. The EagleCAM module will use Renesas’ R-Car V3H and R-Car V3M system-on-chip (SoC) devices. The scalable camer...
    25-Feb-2021 News New Products
    Eberspaecher establishes new subsidiary in Romania for vehicle electronics 
    Eberspaecher has established a new subsidiary in Romania to strengthen its vehicle electronics business, the company said in a press release on 4 February. The unit, called Eberspaecher Controls Ro S.R.L, will primarily focus on control units for electric and autonomous vehicles. “The prop...
    FAW, Silk EV form global JV to develop luxury full-electric, hybrid luxury models under Hongqi S series
    Mainland China-based automaker FAW and Silk EV, an international automotive engineering and design company, have decided to set up a global joint venture (JV) to develop a series of ultra-luxury, high-performance, new energy sports vehicles for the China and global markets, Silk EV announced in a pr...
    Marelli, Highly International officially establish ‘Highly Marelli’ JV
    Marelli and Highly International (Hong Kong) Limited have officially established ‘Highly Marelli’ joint venture (JV), Marelli announced in a press release on 28 January. The JV will be focused on cabin comfort business. “This is a strategically significant and exciting partnership for Marel...
    Faurecia launches new seating JV with BAIC in mainland China
    Faurecia has officially launched its new seating joint venture (JV) with BAIC in mainland China, according to a company press release on 28 January 2021. Following approval from the appropriate regulatory bodies, Faurecia has completed the acquisition from DAS Corporation of 50% of their JV with BAI...
    Constellium, Novelis establish Alumobility to provide automotive aluminum design solutions
    Dutch aluminum products firm, Constellium, has announced the launch of Alumobility in partnership with Novelis, a nonprofit organization focused on providing innovative implementation-ready solutions to advance the adoption of aluminum automotive body sheets. According to a press release iss...
    FCA, Engie EPS finalize setting up of e-mobility JV
    Fiat Chrysler Automobiles (FCA) and Engie EPS have signed a full set of agreement, including the investment and shareholders’ agreement to set up a new joint venture (JV) in the e-Mobility sector, Stellantis, the parent company of FCA announced in a press release on 26 January. The joint venture w...
    Adler Plastic, Hayashi Telempu form Global Automotive Interior Alliance
    Adler Plastic has partnered with Japan-based Hayashi Telempu Corporation to established Global Automotive Interior Alliance (GAIA) Holdings to strengthen collaboration in automotive interior parts, the two partners said in separate press releases. Two companies also entered into capital partnership ...
    Audi, FAW to set up new JV for manufacturing EVs in mainland China
    Audi and mainland-Chinese automaker FAW have decided to set up a new joint venture (JV) for manufacturing electric vehicles (EVs) in mainland China, Audi announced in a press release on 18 January. AUDI AG and Volkswagen Group China will hold a 60% stake in the new Audi-FAW JV. The company will manu...
    Geely, Foxconn form new JV to offer customized consulting services
    Zhejiang Geely Holding Group and Foxconn Technology Group decided to set up a joint venture (JV) to provide OEM production and comprehensive customized consulting services relating to whole vehicles, parts, intelligent drive systems, automotive ecosystem platforms, electric vehicle industry val...
    Renault, Plug Power to establish JV for hydrogen fuel cell LCV market
    Renault and US-based fuel cell manufacturer, Plug Power, have signed a memorandum of understanding (MoU) to launch a 50:50 joint venture in the first half of 2021. According to a press release issued by Renault on 12 January, the joint venture, which will be based in France, will be targeting to gai...
    Innovusion partners with NIO for high-performance sensing in ET7 EV
    Innovusion has partnered with NIO for high-performance sensing used in NIO's ET7 electric smart sedan, according to a press release on 9 January. The ET7 boasts over 600 miles of range and full autonomous driving capability. The ET7 features NIO's NAD (NIO Autonomous Driving) technology which inc...
    GAC Motor, Aisin AW transmission JV in mainland China starts operations
    On 29 December 2020, China’s Guangzhou Automobile Group Co., Ltd. (GAC Group) announced that its joint venture (JV) with Japan’s Aisin AW has started operations at the GAC Intelligent NEV Industrial Park in Guangzhou, China, according to GAC Trumpchi’s WeChat platform press release. The two co...
    05-Jan-2021 News Investments
    Ford, Mahindra call off India JV discussions
    The Ford Motor Company and Indian auto maker, Mahindra, have ended discussions on their joint venture  (JV), which was announced in October 2019. According to a report filed by motoring publication Autocar on 1 January, the two companies announced a mutual decision to call off the JV, following...
    Magna, LG enter JV agreement to expand in powertrain electrification market
    Canadian automotive components and systems supplier, Magna, has entered into a joint venture with South Korean electronics firm, LG, to expand their presence in the automotive powertrain electrification market. According to a press release issued jointly by Magna and LG on 22 December, the comp...
    BMW, ArcherMind to form car software JV
    BMW is creating a joint venture (JV) with tech company ArcherMind Technology to develop automotive software, China Daily reported on 21 December. The deal is worth about CNY50 million (USD7.64 million). “We consider China to be the worldwide frontrunner in digital innovations and this new initi...
    Motherson and Aira form partnership to bring FreePower wireless charging to modern cars
    Motherson Innovations Company Limited is making a strategic investment in Aira, Inc. to accelerate the development of wireless charging for car interiors, according to a report by Tech Crunch on 10 December 2020. Aira has developed FreePower wireless charging technology. Unlike traditional wireless ...
    17-Dec-2020 News New Products
    Varroc acquires partner’s stake in Romanian JV Varroc-Elba
    VarrocCorp Holding B.V. (VCHBV), a wholly owned subsidiary of Varroc, has acquired the balance 30% stake in Romanian joint venture (JV) Varroc-Elba Electronics S.R.L held by the other JV partner, ELBA SA, according to a filing by Varroc with BSE on 9 December. The deal is valued at EUR1.05 million (...
    GAC to set up JV with iFlytek for intelligent vehicle services
    GAC Group will set up a joint venture (JV) with AI company iFlytek to focus on smart interiors, internet of vehicles technology, and car-related digital services, China Daily reported on 2 December. The JV company will also offer solutions to other carmakers in mainland China and overseas, the re...
    Nexteer and Continental JV CNXMotion develops brake-to-steer technology
    CNXMotion, the joint venture between Continental and Nexteer, has developed a new brake-to-steer technology. According to a press release issued by Nexteer on 2 December, the company stated that the new technology will provide an additional layer of directional control for highly automated and auton...
    Cummins, ETC finalize NPROXX JV for hydrogen storage tanks
    Cummins Inc. announced in a press release on 13 November that the company closed on the previously announced NPROXX joint venture (JV) with ETC for hydrogen storage tanks. The JV will provide customers with hydrogen products for both on-highway and rail applications. Cummins and ETC will each o...
    FCA Italy, Engie EPS agree to set up e-mobility JV
    Fiat Chrysler Automobiles Italy S.p.A. and Engie EPS, an Italian technology company specializing in energy storage and e-mobility, have signed a memorandum of understanding (MOU) aimed at creating a joint venture (JV) to make inroads into the European e-mobility landscape. According to a press relea...
    Canatu partners with TS TECH to develop touch switches for in-vehicle applications
    Canatu has announced a partnership with TS Tech to jointly develop a new demonstrator to showcase both companies’ technologies in in-vehicle applications, the Finnish company said in a press release on 30 October. The demonstrator is a decorative door trim with 3D touch switches to control the ...
    ElringKlinger and Plastic Omnium to form JV for manufacturing fuel cell stacks
    ElringKlinger and Plastic Omnium have set up a new joint venture, EKPO Fuel Cell Technologies, for manufacturing fuel cell stacks, the two companies announced in a press release on 28 October. ElringKlinger will hold 60% stake in the new company, and the remaining 40% will be held by Plast...
    Indorama Ventures forms a 50:50 JV with Japanese supplier Toyobo to produce airbag yarns in Thailand
    Indorama Ventures Public Company Limited (IVL), through its direct subsidiary, Indorama Polyester Industries Public Company Limited (IPI), Thailand, has entered into a joint venture (JV) agreement with Japan-based Toyobo Co., Ltd. to form a 50:50 JV limited liability company in Thailand, according t...
    SparkCharge partners with Spiffy to deliver on-demand EV charging
    Get Spiffy, an on-demand car care, technology, and services company, has entered a partnership with EV charging startup SparkCharge to deliver on-demand electric vehicle charging services, according to a press release by Spiffy on 20 October. The Roadie portable charging system by SparkCharge fig...
    Indonesian consortium plans to set up new venture for EV batteries
    A group of Indonesian state-owned companies will collaborate to manufacture battery packs for electric vehicles (EVs), according to the CEO of Mining Industry Indonesia. In a report filed by news agency Reuters on 13 October, PT Indonesia Asahan Aluminium (MIND ID), along with Aneka Tambang, state u...
    Audi, FAW establish new company to produce EVs in mainland China
    German luxury and sportscar maker, Audi, has announced that it has signed a memorandum of understanding (MoU) with FAW in order to expand its presence in China. According to a press release issued by Audi on 13 October, the company stated that the MoU defines the framework for the joint production o...
    Battery JV CATL-FAW starts production in China
    CATL-FAW Power Battery Co. (CFBC), a joint venture (JV) between FAW and Contemporary Amperex Technologies (CATL), has started operations, FAW announced in a press release on 12 October. The batteries produced by CFBC will be installed into the entire lineup of the vehicle models built on Hongqi's FM...
    Grammer partners with Harman to develop integrated audio solutions for passenger car market
    Grammer announced a partnership with Samsung’s unit Harman, under which the companies would be offering integrated audio solutions for the passenger car market with preliminary designs to be presented by spring 2021. Harman will use its automotive audio and active noise management systems to de...
    30-Sep-2020 News New Products
    Audi mulls EV joint venture with FAW in China
    Audi is reportedly in talks with long-term partner FAW Group about creating a second joint venture (JV) to build electric vehicles (EV) on its Premium Platform Electric (PPE) platform in China, according to a Reuters report citing Germany’s Automobilwoche. Significance: Audi and FAW h...
    EU clears JV between Hella and Minth in China
    The European Commission (the Commission) has approved, under the EU Merger Regulation, the creation of a joint venture (JV) in China between HELLA Holding International GmbH and China-based Minth Investment Co. in China, according to an official press release on 23 September on the website of EC. HE...
    Continental, Osram agree to dissolve automotive lighting JV
    Continental has decided to repatriate the joint venture (JV) with Osram, according to a Continental press release on 23 September. The two companies plan to dissolve their 50:50 JV for intelligent automotive lighting systems ‘Osram Continental’, which was founded in 2018. The two companies are c...
    Punch Powertrain and PSA's JV for electrified transmissions starts operations
    In a press release dated 18 September, Punch Powertrain announced that its joint venture (JV) with PSA Groupe for electrified transmissions, Punch Powertrain PSA e-transmissions, has started operations. Elias van Wijk, previously CTO to Punch Powertrain, has been named CEO of the new JV. This JV wil...
    JOINT VENTURE: MARELLI and Highly International establish new JV for HVAC solutions in Hong Kong
    Japanese supplier of automotive components and systems, MARELLI, has announced that it has set up a new joint venture with Highly International (Hong Kong) Limited. According to a press release issued by MARELLI on 7 September, the new JV will be called Highly Marelli Holdings Co. Ltd., and will be ...
    JOINT VENTURE: PSA and Saft Batteries set up battery cell JV
    PSA Group, through Opel, and Saft Batteries, a subsidiary of Total, have set up a battery cell joint venture (JV), Automotive Cell Company (ACC), Saft Batteries announced in a press release on 3 September. Yann Vincent has been appointed as the CEO and Ghislain Lescuyer has been appointed as the cha...
    BorgWarner expands partnership with startup accelerator Plug and Play
    American automotive powertrain components supplier BorgWarner has expanded its partnership with Plug and Play, an accelerator ecosystem for startup companies and the global innovation platform. According to a press release issued by BorgWarner on 3 September, the company will become a part...
    Honda and GM sign MoU to establish strategic alliance in North America
    General Motors and Honda Motor Company have announced the signing of a non-binding memorandum of understanding to explore the sharing of vehicle platforms and propulsion systems for a variety of core segments. According to a press release issued by Honda on 3 September, this North American strategic...
    AusNet Services partner with EV charging startup ev.energy for Australian smart charging trial
    Working with ev.energy, AusNet Services is conducting a trial to incentivize EV owners to select when they need their vehicles charged. The technology utilized in the trial will intelligently assess the demands on the electricity network and only charge the vehicle when demand is low. According t...
    Hyundai, Aptiv name their equally-owned autonomous driving JV ‘Motional’
    Hyundai Motor Group and Aptiv have agreed to name their 50:50 autonomous driving joint venture as Motional, the two partners announced in a joint press release on 11 August. Motional connects two words: motion and emotional. According to the two partners, motion speaks to the movement of driverless ...
    JOINT VENTURE: Continental, aft automotive partner to produce couplings made of high-performance plastics
    Germany-based automotive components and systems supplier, Continental, has announced that it is setting up a 50:50 joint venture (JV) with system supplier, aft automotive, to manufacture couplings made using high-performance plastics. According to a press release issued by Continental dated 10 Au...
    Vitesco, Padmini VNA form JV to offer clean powertrain solutions in India
    Vitesco Technologies and Padmini VNA Mechatronics have signed a joint venture partnership to establish a new company called "PV Clean Mobility Technologies". According to a press statement issued by Vitesco Technologies on 30 July, this new company will offer clean powertrain technologies for the In...
    Lear, Gentherm jointly develop INTU Thermal Comfort Seating with ClimateSense technology
    Seating and e-systems supplier, Lear, has announced its collaboration with American thermal management firm, Gentherm, to jointly develop its latest intelligent seating solution, the INTU™ Thermal Comfort with ClimateSense™ technology. According to a press release from Gentherm dated 3 August, t...
    JOINT VENTURE: Faurecia, BAIC establish 50:50 JV for seating business in mainland China
    Faurecia has reached an agreement with mainland Chinese automaker BAIC to establish a 50:50 joint venture (JV) in mainland China, the French automotive supplier said in a press release on 24 July. The new JV will supply complete seat assembly, seat frames, foams, and headrests initially for BAIC Hyu...
    Kia Motors and CODE42.ai form JV for EV mobility services
    Kia Motors and CODE42.ai have formed a new joint venture (JV), called Purple M, for electric vehicle (EV) mobility services, the automaker announced in a press release on 20 July. Through this new startup, Kia and CODE42.ai plan to create new concepts for mobility services and realize a shared goal ...
    Hyundai, Kogas to form JV for hydrogen refuelling stations
    Korea Gas Corporation has announced that it will be setting up a new joint venture with Hyundai Motor Company. According to a report filed by South Korean news publication The Korea Herald on 19 July, Korea Gas Corp stated that the two companies have signed a memorandum to expand sustainable hydroge...
    JOINT VENTURE: Hyundai Transys, APM Automotive form JV to produce car seats in Indonesia
    Hyundai Transys, a Hyundai Motor Group (HMG) company, has formed a joint venture (JV) with Malaysian auto parts supplier APM Automotive Holdings Berhad to produce and supply car seats and related components Kota Deltamas industrial complex in Cikarang, Western Java, Indonesia, the South Korean autom...
    JOINT VENTURE: Volkswagen’s subsidiary SITECH, Brose sign MOU to form JV for complete seat systems
    SITECH, a subsidiary of the Volkswagen Group (VW), and Brose have agreed to establish a 50:50 joint venture (JV) to produce complete seats, seat structures, and seat components, the two partners said in a joint press release on 13 July. Representatives of SITECH and Brose signed a memorandum of unde...
    Gentherm, ThermoAnalytics to jointly develop software for human thermal comfort predictions in vehicles
    Thermal management technology supplier Gentherm has announced that it will jointly work with thermal modeling software development firm, ThermoAnalytics Inc., to develop an advanced software to improve human thermal comfort predictions in vehicles. This software, which can accurately predict an indi...
    Veoneer, Volvo Cars complete split of Zenuity JV
    Veoneer and Volvo Cars have finalized previously announced the split of their equally-owned automated driving software joint venture (JV), Zenuity, the two Sweden-based companies said in separate press releases on 2 July. As part of the split, Veoneer received the part of Zenuity’s business focuse...
    HELLA and Minth to form new JV in mainland China to develop radomes and illuminated logos
    HELLA and the Minth Group have agreed to establish a new joint venture (JV) in mainland China to develop radomes and illuminated logos, according to a company press release on 19 June 2020. The new JV, to be called HELLA MINTH Jiaxing Automotive Parts Co. Ltd., will be funded by both partners in equ...
    Honda establishes JV Hynex Mobility Service for developing connected services business
    Honda Motor (China) Investment has established a new joint venture (JV) company with Neusoft Reach Automotive Technology (Shanghai) in mainland China for connected services, the automaker said in a press release on 10 June. Hynex Mobility Service will begin operations from July 1 and will focus on t...
    Groupe PSA and Punch Powertrain expand strategic partnership to advance hybrid technology
    France-based automotive manufacturer alliance Groupe PSA has announced that it has deepened its strategic partnership with Belgian powertrain components supplier Punch Powertrain. According to a press statement issued by Punch Powertrain on 2 June, the two companies have expanded their par...
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