IAA Mobility 2025: Benteler’s HOLON to showcase autonomous, all-electric urban shuttle Benteler Group (Benteler) announced that its subsidiary HOLON will showcase its autonomous, all-electric urban shuttle at IAA Mobility 2025 in Munich, Germany. Following its first debut in 2023, the vehicle has completed its first prototype phase and begun testing. The vehicle is now preparing for its first test operations on public roads in Germany as part o...

News  Updated at: 2025/09/05

unifies Lear’s transformation initiatives, saving more than USD 30 million during the first half of 2025 “We have already seen significant improvements in global efficiency, creating a more agile and adaptable Lear,” said Lear President and CEO Ray Scott. Lear first partnered with Palantir in 2023 to digitize its manufacturing operations, and have since then expanded the scope and scale of their collaboration. (Palantir release on September...

News  Updated at: 2025/09/05

Slate Auto opens production plant in Warsaw, Indiana On September 2, Slate Auto CEO Chris Barman addressed the attendees at the opening day of its new production plant in Warsaw, Indiana. The 1.4 million square-foot (130,000 m2) site formerly housed the RR Donnelley & Sons printing plant in Warsaw, Indiana, which closed in 2023. CEO Barman took the stage in a room that will be purposed as a customer center and potentially a delivery location, and...

News  Updated at: 2025/09/04

engine is growing. The internal combustion engine market is expected to shrink in the future, and Niterra aims to maximize residual profits, including demand for replacement products, by expanding its business through its “contrarian strategy”. Niterra and Denso signed a basic agreement in July 2023 to start discussions for the business transfer. Niterra will acquire the domestic and international development, production, and sales of spark p...

News  Updated at: 2025/09/03

ding after a slump. The recovery, driven by revived pickup sales through aggressive price cuts and a hybrid vehicle boom exceeding expectations, has encouraged firms to reinstate overtime and subcontractors.  The Federation of Thai Industries (FTI)'s auto parts group said the industry, hit hard in 2023 by high household debt and tighter financing, began recovering in Q2 2025.  During 2022–2023, many firms reduced staff and canceled contracts,...

News  Updated at: 2025/09/02

ract was signed on August 27, and the acquisition cost was USD 104 million (JPY 15.3 billion). Sumitomo Rubber intends to accelerate the expansion of the service with its proprietary prediction and analysis technology, Sensing Core. The two companies initiated a joint experiment for Sensing Core in 2023, and in 2024, they further strengthened their partnership with Sumitomo Rubber, having invested in Viaduct. Through this acquisition, Sumitomo Ru...

News  Updated at: 2025/09/02

VOLT Energy Technology and Banpu NEXT Co., Ltd., the company supports the government’s goals of boosting EV production, promoting local manufacturing of key components, especially batteries, and positioning Thailand as an EV hub in ASEAN.  The Bowin, Si Racha, Chonburi plant, registered in April 2023 and inaugurated in July 2023, benefits from BOI incentives and Free Zone privileges and began mass production in February 2024. SVOLT also collab...

News  Updated at: 2025/09/01

00-acre flagship smart industrial park.Spanning 150 acres, this BYD project represents a key milestone for KLK Land and a major step forward in Malaysia’s transition to green mobility.The investment was accelerated through the Muallim Speed-Lane (M-SL) initiative, a fast-track program launched in 2023 to position the Muallim district as a key player in the international automotive industry. Through this framework, the BYD project was secured in...

News  Updated at: 2025/09/01

Ford Maverick-based van reportedly set for production in 2028 Ford in 2024 showed dealers an upcoming compact van that would be based on the Maverick pickup that was slated to replace the Transit Connect, which was discontinued in North America following the 2023 model year. While Ford did not then share production timing, recent reports suggest the project is still on track to reach production. Ford is expected to begin production of the van, co...

News  Updated at: 2025/08/30

aus. The grant will help to grow Skeleton Technologies’ production capacity and workforce significantly, while also supporting Finland's climate goals aimed at reducing emissions and achieving carbon neutrality by 2035.  The investment comes on the back of Skeleton's rapid growth, which began in 2023 when the company acquired the assets of European Battery Technologies Oy's bankruptcy estate and signed a separate lease agreement for a 9,400 sq...

News  Updated at: 2025/08/29

HASCO to acquire 49% of SAIC QingTao to enter solid-state battery industry Huayu Automotive Systems Co., Ltd. (HASCO) plans to acquire SAIC Motor’s 49% stake in Shanghai SAIC QingTao Energy Technology Co., Ltd. (SAIC QingTao) for CNY 206 million. Upon completion of the transaction, HASCO will own 49% of SAIC QingTao. Established in November 2023 with a registered capital of CNY 1 billion, SAIC QingTao is a 49:51 joint venture between SAIC Motor...

News  Updated at: 2025/08/29

Honda announces new relocation plan of head office to Yaesu, Tokyo in 2029 On August 29, Honda Motor announced new plans for relocation of its global head office to Yaesu Area in Tokyo and reconstruction of Honda Aoyama Building, its former global head office. In September 2023, Honda decided reconstruction of Honda Aoyama Building with target completion in the fiscal year ending March 31, 2031. In May 2025, its head office functions were relocat...

News  Updated at: 2025/08/29

ans to invest in its own plant in Indonesia. Act II: The Rise In 2022, Hyundai’s new plant came online, starting with the production of the Creta SUV (Q1 2022) and Stargazer MPV (Q3 2022). The automaker’s sales surged, rocketing from 3.16k units in 2021 to 32.0k units in 2022 and 35.5k units in 2023. In addition, the Indonesian government’s Battery Electric Vehicle (BEV) incentive policy supported Hyundai in producing the IONIQ 5 BEV, enabl...

News  Updated at: 2025/08/29

VW Elli launches Energy Trading as a Service in Europe On August 26, the Volkswagen Group announced that Elli, a provider of energy and charging solutions, is expanding into renewable electricity procurement and energy services for industrial customers. Since January, Elli has used its access to the EPEX SPOT market to secure renewable power and balance wind and solar fluctuations, following its 2023 trading license acquisition. CEO Giovanni Pala...

News  Updated at: 2025/08/27

high-definition map and software company, announced that it reached the milestone of mapping 950,000 miles of roadways in North America. These mapped roads are comprised of the top four road classes according to OpenStreetMap of motorways, trunks, primary roads, and secondary roads and links. Since 2023, DMP has mapped 400,000 miles of secondary and other roads in the U.S. and Canada through lidar and imagery. The mapped roads include data on map...

News  Updated at: 2025/08/27

General Motors recalls over 23,000 Chevrolet Corvette vehicles for fire risk General Motors is recalling 23,656 Chevrolet Corvette models from 2023–2026 due to a fuel system issue that can cause gasoline to spill into the filler pocket and leak onto ignition sources during refueling. The defect poses a fire risk if the spilled fuel contacts hot engine or exhaust components. Impacted models include the 2023–2025 Corvette, as well as the 2026 C...

News  Updated at: 2025/08/27

PT Astra Daihatsu Motor achieves 9-million-unit vehicle production in Indonesia On August 22, 2025, PT Astra Daihatsu Motor (ADM) celebrated producing 9 million vehicles in Indonesia, adding 1 million units in just two years since reaching 8 million in 2023. Supported by its Sunter and Karawang plants, with a combined capacity of over 530,000 units annually, this milestone reflects Daihatsu’s 47-year commitment to sustainable mobility under the...

News  Updated at: 2025/08/25

Jeep reveals sixth-generation 2026 Cherokee mid-size SUV Jeep unveiled the 2026 Cherokee at an event in Brooklyn, New York on August 21, 2025. The 2026 Cherokee is the sixth generation of the model after a brief discontinuation of the model after the 2023 model year. The 2026 Jeep Cherokee features a new hybrid powertrain comprised of 1.6-liter turbocharged four-cylinder engine combined with two electric motors and a battery to produce an estimat...

News  Updated at: 2025/08/23

d dealership in California, VinFast San Diego, which is part of the Sunroad Automotive Group. The new dealership highlights VinFast’s recent strategy of expanding its sales model through a dealership network. In 2022, VinFast begun sales operations in California with a direct sales model. In late 2023, the company introduced a dealership sales model, while maintaining its direct sales operations in the state. As VinFast continued its operations...

News  Updated at: 2025/08/22

een Ford and SK On. The two companies invested USD 11.4 billion in the development of two battery manufacturing facilities in Glendale, Kentucky as well as one in Stanton, Tennessee. The Kentucky 1 plant officially began construction at the end of 2022, while the Stanton plant began construction in 2023. Battery production at the Stanton manufacturing facility is expected to begin in 2026. (BlueOval SK press release on August 19, 2025)...

News  Updated at: 2025/08/21