Tata AutoComp, India partners South Korea's Jahwa Electronics for PTC heaters On May 28, Tata AutoComp Systems and South Korea's Jahwa Electronics announced a joint venture to locally manufacture and supply low-voltage and high-voltage PTC heaters for India's electric and hybrid vehicle segments. The JV combines Jahwa's precision engineering and proprietary magnetic material technology with Tata AutoComp's manufacturing infrastructure and OEM rel...

News  Updated at: 2026/05/29

of the 25% tariffs, but this situation is not sustainable and could soon be reflected in production costs and final vehicle prices.  The sector also faces stricter rules of origin under USMCA, requiring 75% regional content, which increases costs, while competitors such as the EU, Japan, and South Korea, which face lower tariffs.  The official stressed that eliminating these tariffs is key to maintaining competitiveness, as exports to the U.S. ...

News  Updated at: 2026/05/29

son, Tucson Hybrid, and Tucson Plug-In Hybrid Electric (PHEV) vehicles. Hyundai said that software in the front cameras may cause the forward collision avoidance system to activate prematurely and unexpectedly apply the brakes. The manufacturer of the front camera systems was Hyundai Mobis in South Korea. Dealers will update the front camera software, free of charge. Owner notification letters will be mailed July 17.  (NHTSA release on May 21, 2...

News  Updated at: 2026/05/27

ations across 29 European countries, including key markets such as Germany, France, Norway, the United Kingdom, Sweden, Italy, and Spain. Additionally, the company plans to transition selected models to the North American Charging System (NACS) in key Asia-Pacific markets, including Japan and South Korea, by 2029, enabling future access to Tesla’s Supercharger network in those regions. Based on Volvo Cars press release...

News  Updated at: 2026/05/26

and engineering, signed its first international commercial Letter of Intent (LOI) with GH Technology during the CIBF 2026 battery trade show. The partnership aims to expand access to Novacium’s advanced cylindrical lithium-ion cell technology across the Asia-Pacific region, including Japan, South Korea, Taiwan, and Southeast Asia. GH Technology stated that Novacium’s 21700 battery cell, which achieves a capacity of 7,000 mAh, represents a ma...

News  Updated at: 2026/05/22

tationary power generation and industrial use. At the Summit, the Hyundai highlighted its plans to expand beyond hydrogen mobility and work with European partners to develop sustainable hydrogen ecosystems across different industries. The company also stated that it aims to use its experience from Korea to support Europe’s growing hydrogen transition. Based on Hyundai Group press release...

News  Updated at: 2026/05/22

AEye, MoveAWheeL to combine long-range lidar with road-surface friction sensing On May 19, U.S.-based AEye, Inc. and South Korea-based MoveAWheeL announced a Memorandum of Understanding to explore the integration of AEye’s Apollo long-range lidar sensor with MoveAWheeL’s tactile intelligence technology for next-gen auto safety and autonomous driving applications. Under the MOU, the companies plan to define technical evaluation activities, ide...

News  Updated at: 2026/05/21

ical assistance and knowledge-sharing. The Government of Japan has committed USD 20 million to the grant window, while the Government of the United Kingdom has committed USD 1.6 million. The catalytic finance window is designed to bring in cofinancing and risk-sharing from other financing partners. Korea Eximbank and the Korean Trade Insurance Corporation, known as K-SURE, each signed a USD 500 million memorandum as the facility’s first partner...

News  Updated at: 2026/05/15

million for logistics vehicles. The vehicle dimensions are 4,695mm in length, 1,895mm in width, 1,925mm in height, and a wheelbase of 2,995mm. The PV5 Cargo model equipped with a long-range battery can travel 528km (WLTC) on a single charge. These models are produced at the Hwaseong Plant in South Korea, unloaded at Mikawa Port in Aichi Prefecture, and then undergo pre-shipment inspections by Kia PBV Japan. The sales target for the PV5 in Japan ...

News  Updated at: 2026/05/15

controlled by a covered foreign adversary country, effective January 1, 2027 Prohibits connected vehicle software and hardware linked to covered foreign adversaries, with software prohibitions effective January 1, 2027 and hardware prohibitions effective January 1, 2030 Covers China, Russia, North Korea, and Iran Directs the Secretary of Commerce to establish a declaration of conformity process, authorization and waiver procedures, and a binding...

News  Updated at: 2026/05/15

EL B&T, Korea, plans electric vehicle and battery cell manufacturing plant in Oman On May 10, multiple sources reported that the Korean electric vehicle technology company EL B&T has signed an agreement with Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ). EL B&T will establish an electric vehicle and battery cell manufacturing plant in the Duqm Special Economic Zone, with investments estimated at approximately USD 250 mi...

News  Updated at: 2026/05/11

New vehicle sales by 5 major OEMs in South Korea decrease 8.8% in April Five Korean automakers announced domestic new vehicle sales in April. New vehicle sales in South Korea decreased by 8.8% compared to the same month in the previous year to 117,314 units. By company, Kia led the market with sales of 55,045 units (46.9% market share), representing an increase of 7.9% year-over-year (y/y), Hyundai Motor followed with a 19.9% decrease to 54,051 u...

News  Updated at: 2026/05/07

Vianode, Norway, partners with JR Energy Solution, Korea, for synthetic anode graphite On May 5, Vianode signed a Letter of Intent (LOI) with South Korean battery component manufacturer JR Energy Solution for the supply of high-performance synthetic anode graphite intended for batteries powering next-generation electric vehicles and energy storage systems. Vianode will start supplies from its Via ONE facility in Norway and later transition to Via...

News  Updated at: 2026/05/06

structure also showed strong activity, with over USD 1 billion allocated to new parks and facilities, indicating preparation for future demand. Investment remained concentrated in regions such as Estado de México, Querétaro, and Nuevo León. In terms of capital origin, the United States and South Korea led inflows, while Chinese participation declined, reflecting broader geopolitical shifts. (Mexico Now on April 20, 2026)...

News  Updated at: 2026/04/29

UP Catalyst, Estonia, and SGC Energy, Korea, partner for Carbon Nanotube and graphite production On April 23, UP Catalyst announced a partnership with SGC Energy to commercialise its proprietary Molten Salt CO₂ Capture and Electrochemical Transformation (MSCC-ET) electrolysis technology in Korea. SGC Energy will provide CO₂ supply and infrastructure, including access to SGC Energy’s industrial-scale CCU facility at its Gunsan plant. The two...

News  Updated at: 2026/04/27

st developments in propulsion technologies across the spectrum of vehicle types, such as cars and commercial vehicles, as well as other modes of transportation. Around 100 speakers and 1,000 guests from more than 20 major ‘automotive nations’ such as China, Germany, France, India, Italy, Japan, Korea, and the USA participated in it. Nearly 50% of the presentations are coming from manufacturers and OEMs. Ms.  Ruiping Wang, Senior Vice Preside...

News  Updated at: 2026/04/24

South Korea’s Battery Solutions and BYD Korea partner in EV battery recycling Several South Korean media sources reported that South Korea’s Battery Solution Co. will form a business alliance with BYD Korea, a subsidiary of China-based electric vehicle (EV) manufacturer BYD, to recycle used EV batteries and enter the LFP (lithium iron phosphate) battery recycling business on a full scale. Under the deal, Battery Solutions will handle the full...

News  Updated at: 2026/04/24

GMB Korea to supply electric water pumps to Hyundai/Kia A subsidiary of Japan’s GMB Corporation in South Korea, GMB Korea Corporation, has signed a contract with Hyundai Motor Company and Kia Corporation to supply electric water pumps. The contract runs from June 2028 to December 2034, and sales under the deal are expected to reach KRW 128.88 billion (JPY 14.18 billion). The company’s product will be delivered to Hyundai and Kia’s factories...

News  Updated at: 2026/04/24

South Korea’s Top Material registers patent for precursor-free LFP synthesis technology Several South Korean media sources reported that Top Material Co., Ltd. (Top Material), a secondary battery material manufacturer, has completed the patent registration for its precursor-free technology for synthesizing LFP (lithium iron phosphate). By introducing flux into the synthesis process and precisely controlling particle growth, the company has simu...

News  Updated at: 2026/04/24

and its product lineup with models such as the new Renault Clio, Renault Twingo E-Tech Electric, a new A-segment electric Dacia, Dacia Striker, and Alpine A390. Outside Europe, Renault Boreal will continue its expansion in Latin America and Turkiye, Renault Duster in India, Renault Filante in South Korea and overseas markets, and a new Renault pick-up in Latin America. Renault Group confirms its 2026 financial outlook with an operating margin of ...

News  Updated at: 2026/04/24