On June 19, the Industrial Development Fund (IDF) announced that it would provide a preferential loan in the amount of RUB 930 million to NPK Avtopribor to produce electric motors for hydraulic pumps for ABS and ESP systems, as well as motors for engine cooling radiator fans. The total investment in the project will

On June 5, Setco Automotive Limited launched its latest product the Automotive Water Pump. This marks a strategic expansion of Setco’s product portfolio into the critical engine cooling segment. It is designed to serve the diverse needs of light commercial vehicles (LCVs) and MHCVs. Its key features include superior

OPmobility SE (formerly Plastic Omnium) announced that it is presenting innovations products for exterior, lighting, and modules at CES 2025.
The company is displaying its exterior body systems integrating fiber optic panels and screens featuring hundreds of micro-LEDs. Highlights include (i) the world premiere of it

On November 25, the Russian Ministry of Industry and Trade announced that it is supporting auto component manufacturers with approximately RUB 600 million to support the import substitution of auto components.
LADAPLAST-T enterprise from the Samara Region is developing technology to produce seat adjustment mechanisms

On November 2, IFB Industries Limited announced that it is in the advanced stages of creating BLDC motors (Brushless DC motors) for a range of automotive uses, such as seat ventilation, battery cooling, and engine cooling. By Q2 of FY 26 (July-September 2025), advanced BLDC motors should be launched. 
IFB also announ

Denso Corporation (Denso) announced that it will start inverter production at Denso Fukushima Co., Ltd. (Denso Fukushima) to reinforce its manufacturing capacity in Japan and enhance its competitiveness in the electrification field.
Denso has been producing inverters in Japan at its Hirose Plant and Anjo Plant, which

On May 9, Maruti Suzuki India Limited (MSIL) launched the 2024 all-new Swift subcompact hatchback for INR 649 thousand going to INR 964.5 thousand. 
It measures 3,860 mm long, 1,735 mm wide, and 1,520 mm high, with a wheelbase of 2,450 mm.
It comes with a new 1.2-liter Z-Series engine which delivers 60 kW of peak pow

On November 21, Arteco nv, announced the construction of a new plant in China dedicated to producing high-quality engine coolants and heat transfer solutions. The new facility in Nantong, located in the Jiangsu Province, is planned to commence deliveries as of the first half of 2024.
The new plant has been designed w

The Michigan Strategic Fund announced that it supporting a USD 63 million investment by Denso to retool its production lines at its thermal manufacturing facility in Battle Creek, Michigan with a USD 1.4 million SESA Exemption. The retooling of the Battle Creek facility, first established in 1984, will enable the com

The Hungarian Investment Promotion Agency announced that, through Robert Bosch Energy and Body Systems Kft., Bosch is further expanding its Miskolc site, which is part of its Electrical Drives division, by implementing 2 major investments of around EUR 48 million by mid-2025. Bosch aims to strengthen its development

On September 6, TVS Motor Company launched the TVS Apache RTR 310 motorcycle for a starting price of INR 242.9 thousand and going to INR 263.9 thousand. It comes with a 312.2 cc reverse inclined DOHC engine with a new forged 5% lighter aluminum piston which produces a peak power of 35.6 PS at 9,700 rpm and maximum to

On February 15, UzAuto Motors announced that 12 new high-tech localization projects were implemented by Uzavtosanoat JSC to organize the production of the Onix car. New factories with a total cost of USD 312 million were built and high-tech production lines were put into operation. It will create about 4,500 new jobs

Tata AutoComp Systems Limited (Tata AutoComp) displayed a wide range of parts that it has already localized and is offering to the EV segment at the Auto Expo Component Show in New Delhi. The display includes parts of the EV drivetrain like the battery tray, plastic cell module carriers, cooling tubes, and the Batter

BorgWarner announced that lightweight electronically controlled silicone oil fan clutches of Warner Shenglong (Ningbo) Co., Ltd. (Warner Shenglong) have started production. The product is scheduled for official mass production on Oct. 31, 2022 and will be applied to both the Poer Shanhai and the Tank 500 of Great Wal

On August 19, Automobili Lamborghini announced the Urus Performante. It has a V8 twin-turbo powerplant and lightweight sports exhaust. The Performante’s power is increased by 16 CV to 666 CV, and its weight is reduced by 47 kg, giving it a best-in-class weight-to-power ratio of 3,2. The Urus Performante produces 850

On November 17, Nissan announced that the 2022 Rogue will receive the OEM’s all-new, variable-compression-ratio, turbocharged 3-cylinder as the sole engine offering.
The new engine produces 201-horsepower and 225 lb-ft of torque, increases of 11% and 24% respectively, versus the outgoing 2.5L naturally aspirated mill

Eaton Corporation plc (Eaton) announced that it has developed a number of 48V technologies to assist its commercial vehicle customers in transitioning from 12V and 24V vehicle systems to systems that can use 48V architecture. The shift towards 48V architectures is designed to power advanced in-vehicle systems while r

On June 3, Kia announced that it has made substantial upgrades to its smallest model, the Picanto, due on-sale in Europe during the third quarter of 2020.
Offering a range of new safety and telematics technologies often reserved for larger, more expensive vehicles, the upgraded model also boasts lower emissions fro

On May 25, Concentric AB announced that it is working with several major OEM’s for the US SuperTruck II initiative. This is the second phase of the US Department of Energy (DoE) sponsored project to develop and demonstrate cost-effective advanced technologies that show a substantial increase in fuel efficiency of Cla