shares from Hitachi, Ltd. (Hitachi). In January 2021, Astemo (formerly Hitachi Astemo) was formed through the management integration of four companies, namely Hitachi Automotive Systems, Ltd., and three Honda subsidiaries, Keihin Corporation, Showa Corporation and Nissin Kogyo Co., Ltd. In October 2023, by welcoming JIC Capital, Ltd. as a new joint partner, the shareholding structure was changed to the current arrangements: 40% for Honda, 40% fo...

News  Updated at: 2025/12/17

S) was held from October 29, 2025. During the show, MarkLines conducted exclusive interviews with several companies. We interviewed four employees working at Toyota Industries Corporation. Q1. Have you made any improvements to the bipolar nickel-metal hydride battery that you also exhibited at JMS 2023? Also, what are the selling points of this battery? A1. In continuation from the last time, we exhibited batteries for Toyota "AQUA" in which the...

News  Updated at: 2025/12/17

nt, raising annual capacity from 6,000 to 30,000 units. This announcement was accompanied by the first CKD GWM WEY G9 PHEV MPV coming off the line in Malaysia.  EPMB has evolved from a Tier-1 parts supplier into a vertically integrated contract assembler for global OEMs. Since Phase 1 opened in Q4 2023, it has produced over 6,000 GWM H6 HEVs and completed pilot builds of the BAIC X55 and BJ40, with series production due in January 2026. MG pilot...

News  Updated at: 2025/12/16

ching at the plant in early 2026 to meet anticipated demand for new SIXPACK-powered Dodge Charger Scat Pack, Charger Daytona and Chrysler minivan family. The hiring milestone builds on 600 new engineering jobs at the Automotive Research and Development Centre and 1,100 jobs at NextStar Energy since 2023, both also in Windsor. Earlier in December, Windsor Assembly Plant announced the production launch of the all-new, SIXPACK-powered, two-door 2026...

News  Updated at: 2025/12/16

Pioneer, Microsoft Foundry develop AI agent for next-level in-vehicle infotainment On December 12, Pioneer Corporation announced it is developing an AI agent with Microsoft Foundry for next-level in-vehicle infotainment (IVI). While Pioneer has collaborated with Microsoft since 2023, in this latest collaboration, Pioneer uses Microsoft Foundry to enhance the user experience (UX) of its products and services. This AI agent provides improved versat...

News  Updated at: 2025/12/16

in development through vehicle analysis and other areas. This will be the first development of an electric sports car component for HKS. It will support the development of Caterham’s EV “Project V.” Caterham Cars announced the concept of the EV model at the “Goodwood Festival of Speed” in 2023, and Tokyo R&D Co., Ltd. (Chiyoda Ward, Tokyo) joined the development and production of the prototype in 2024. Yamaha Motor Co., Ltd. has also be...

News  Updated at: 2025/12/15

ed. “We truly believe that hybrid is going to be one of the favorite powertrains in the U.S.,” Filosa stated. Filosa clarified that Stellantis is “focusing more on traditional hybrids rather than plug-in hybrid models,” noting lower demand for PHEVs in the U.S. Left unsaid was the fact that 2023-2025 Jeep Wrangler and Grand Cherokee 4xe PHEV models have experienced two major recalls in 2025, with the larger one involving battery fire risk...

News  Updated at: 2025/12/13

Genesis G90s hands-off driver assistance radar affected by silver paint, recalled in U.S. On December 4, Hyundai announced that it is recalling certain G90 sedans painted in Savile Silver because the paint can trick the front corner radar sensors into falsely detecting a vehicle merging and triggering the brakes. While only affecting about 483 Genesis G90s from model years 2023 through 2026, the recall is noteworthy from the technical aspect. Th...

News  Updated at: 2025/12/13

20-foot container, named as Samsung Battery Box (SBB) 2.0, an all-in-one ESS solution that incorporates a number of battery racks in a single container for greater portability and user convenience in terms of installation. SAMSUNG SDI launched the first edition of SBB with its flagship NCA cells in 2023. This agreement marks a change in strategy for Samsung SDI, which has traditionally focused on NCA batteries. By expanding its portfolio into LFP...

News  Updated at: 2025/12/11

ble and sustainable mobility options that work alongside public transport and reduce car use. Studies suggest that adding around 30,000 shared autonomous vehicles could significantly cut congestion and emissions. Ruter and Holo have been testing self-driving, on-demand services in Groruddalen since 2023. The project, part of the EU-funded ULTIMO consortium, has provided valuable insights into running autonomous transport in busy city environments...

News  Updated at: 2025/12/10

Benteler expands its casthouse at Raufoss plant in Norway for more sustainable production Benteler Group has completed a comprehensive modernization of its casthouse at the Raufoss plant in Norway. This investment increases the site’s use of recycled aluminum from around 30% to approximately 40%, with a target of 50% by 2030. The upgrade, part of the “BAR Green” project launched in 2023, also reduces CO₂ emissions across the production pr...

News  Updated at: 2025/12/10

as the new Chairman of the Board of Management of BMW AG. Mr. Nedeljkovic will succeed Mr. Oliver Zipse in the new role on May 14, 2026, following the successful launch of the Neue Klasse models. Mr. Zipse has been on BMW’s Board for over 10 years and has served as Chairman since August 2019. In 2023, Zipse’s contract was extended until 2026, beyond the usual retirement age. He will step down after the Annual General Meeting on May 13, 2026,...

News  Updated at: 2025/12/09

les, as well as delivery-focused two-wheelers. The company intends to develop motors, controllers, and battery packs in-house, retaining the associated intellectual property, and to build strategic alliances that can offer customers an end-to-end battery charging ecosystem.​ Under its “Phase 3 (2023 & beyond)” plan, KEL is setting up an advanced battery manufacturing unit (Range-X) within MAIPL (Micro Age Instruments Pvt. Ltd.) with a capac...

News  Updated at: 2025/12/09

Suzuki opens biogas plant in Gujarat, India On December 6, 2025, Suzuki Motor Corporation and its wholly owned subsidiary, Suzuki R&D Center India, inaugurated the BANAS SUZUKI BIOGAS PLANT at Agthala in Banaskantha district, Gujarat. The facility is Suzuki’s first plant dedicated to producing and selling compressed biogas (CBG) as fuel for CNG vehicles, developed under a 2023 agreement with the National Dairy Development Board and Banas Dairy....

News  Updated at: 2025/12/09

ively effectively, helping to build a more positive environment for the BEV sector. Although the BEV market did not experience growth in Europe in 2024, the picture has brightened in 2025, with BEVs anticipated to account for 18% of the Light Vehicle (LV) market, up from approximately 13.5% in both 2023 and 2024. OEMs have increasingly shifted their attention toward hybrids, while also maintaining a strong interest in BEVs, and total sales of all...

News  Updated at: 2025/12/05

e announced. NHTSA is proposing to reset CAFE standards for model years 2022-2031. From those reset standards, developed without consideration of electric vehicles (EVs) and credit trading, NHTSA is proposing to increase the fuel economy standard by 0.5% per year for passenger cars from model years 2023 through 2026, followed by 0.35% in model year 2027, and 0.25% from model year 2028 to 2031. For light trucks, NHTSA is proposing an increase of 0...

News  Updated at: 2025/12/04

n (SAMR) announced that BYD Automobile Industry Co., Ltd. (BYD Industry) and BYD Automobile Co., Ltd. (BYD Auto) recently filed recall plans as follows. BYD Industry: -          Recall number S2025M0189I: 52,890 Qin Plus DM-i sedans manufactured between September 26, 2021 and September 23, 2023. BYD Auto: -          Recall number S2025M0190I: 36,091 Qin Plus DM-i sedans manufactured between January 7, 2021 and September 30, 2022...

News  Updated at: 2025/12/04

T versions. Workers previously laid off from the Windsor Assembly plant will receive priority for the third-shift positions, followed by workers recently laid off from the Brampton plant near Toronto. Applicants will be then chosen from those who had previously applied for a third-shift position in 2023, with any unfilled positions then being offered to the general public. The hiring process is expected to be completed by the end of 2025. The thi...

News  Updated at: 2025/12/04

zil, to avoid the potential 50% tariffs Mexico may impose on imports from countries without trade agreements. The decision comes as GWM marks its second anniversary in the Mexican market, where it has established 50 dealerships covering over 80% of the national territory and sold 25,000 units since 2023. The Brazilian facility, inaugurated in August with an annual capacity of 50,000 vehicles, will strengthen regional supply across Latin America. ...

News  Updated at: 2025/12/02

e Code.  As a part of the CHIPS Act of 2022 enacted under President Joe Biden, the AMIC tax credit is equal to 25% of the qualified investment for the taxable year for an advanced manufacturing facility. In fiscal 2025, Wolfspeed received USD 186.5 million in cash tax refunds related to its fiscal 2023 and fiscal 2024 federal tax filings. Following receipt of these funds, Wolfspeed’s cash balance is approximately USD 1.5 billion as it advances...

News  Updated at: 2025/12/02