ported knock-down kits at the plant would be unacceptable, and Ontario Premier Doug Ford followed on by commenting that such a plan would only be acceptable if the venture used Ontario-made auto parts and assembled the vehicles with Ontario autoworkers. Stellantis bought a 20% stake in Leapmotor in 2023, and in 2024 formed the Leapmotor International joint venture, focused on global production and sale of EVs. The JV plans to start producing Leap...

News  Updated at: 2026/04/03

GlobalData blog: China’s auto market achieved steady growth in 2025 2025 was a challenging year for global politics and the world economy. On one hand, regional conflicts erupted in multiple regions, posing challenges to global energy supplies and maritime supply chains. On the other hand, protectionism gained momentum, with tariff barriers proliferating worldwide, further straining the global economy. Although the “reciprocal tariffs” intr...

News  Updated at: 2026/03/30

ioning is expected in July 2026, upon which the additional annual output value is estimated at CNY 5 billion.Xinjin CATL, a wholly-owned subsidiary of Contemporary Amperex Technology Co., Ltd. (CATL), was registered in Xinjin, Chengdu in February 2021 and started production in October 2021, serving global major energy storage markets including China, the US, the UK, Germany, Australia, and South Korea.In August 2023, Xinjin CATL was granted a PAS...

News  Updated at: 2026/03/27

[Exclusive Interview] TPR’s Global Vision and Challenge Toward Next-Generation Technologies Amid growing uncertainty in the automotive industry driven by geopolitical risks and the transition toward electrification, how can major component suppliers chart a path forward? In an exclusive interview, TPR Co., Ltd. (TPR) Chairman and CEO Hiroshi Suehiro shared insights into the company’s global strategy across 13 countries, its direction in key m...

News  Updated at: 2026/03/18

Isuzu announces Naohiro Yamaguchi as next President On February 27, Isuzu Motors Limited (Isuzu) announced that Mr. Naohiro Yamaguchi, Director of the Board, Managing Executive Officer and Chief Strategy Officer (CSO), will become its new president on April 1. This will be Isuzu’s first presidential change in three years since 2023. After the company’s annual shareholders meeting in June, the current President Shinsuke Minami will step down f...

News  Updated at: 2026/03/02

GlobalData blog: Has Chinese light vehicle demand peaked? Over the past decade, China has established itself as one of, if not the leading player in the global automotive sector, holding both the largest domestic sales volume and highest vehicle manufacturing output in the world.  That lead widened again in 2025. The country’s topline domestic Light Vehicle (LV) sales are estimated to reach a seven-year high of 26.9 mn units, up by 5.5% year-o...

News  Updated at: 2026/02/18

BorgWarner to expand supply of series-production battery management system to OEM On February 16, BorgWarner Inc. (BorgWarner) announced that it will expand the supply of its series-production battery management system (BMS) to a global original equipment manufacturer (OEM). BorgWarner has supplied the BMS to the OEM since 2023. The expanded BMS supply program will support additional B-segment and C-segment passenger cars, as well as light commer...

News  Updated at: 2026/02/18

Tata Technologies, India unveils cloud-ready WATTSync for compliant, traceable and reusable battery ecosystems On February 10, Tata Technologies Limited announced that its battery intelligence platform, WATTSync, is ready to support India’s forthcoming Battery Aadhaar digital identity and traceability framework while remaining aligned with the EU Battery Regulation (EU BR 2023/1542). The platform enables seamless generation and management of th...

News  Updated at: 2026/02/11

GlobalData blog: Navigating 50% tariffs: strategic options for Chinese automakers in Mexico Starting in January 2026, Mexico officially raised tariffs on Light Vehicles (LVs) from 20% to 50%, applying only to countries that do not have a Free Trade Agreement (FTA) in place. While the change in rate affects many markets, we expect the most significant impact to be felt in China and India. These measures have been under discussion for months and we...

News  Updated at: 2026/01/30

) that will be supplied to the British Aston Martin Aramco Formula One Team for the 2026 Formula One World Championship (F1). Electrification will be crucial for winning the 2026 F1, which will introduce new regulations. Honda intends to enhance its strength in electrification technology to win the global top of the F1 together with Aston Martin. Honda withdrew from F1 at the end of the 2021 season and afterward provided technical support for PUs...

News  Updated at: 2026/01/21

venture between Zhen Ding Technology (ZDT) and Sahapat Interholding, for the establishment of a high-tech PCB manufacturing facility in Thailand. The venture comprises four projects with a total investment exceeding THB 65 billion, creating over 5,600 jobs and reinforcing Thailand’s position as a global hub for high-complexity PCB exports. The first project, approved in 2023, began production in September 2025, with three additional projects no...

News  Updated at: 2026/01/20

CATL, Voyah forge 10-year partnership Contemporary Amperex Technology Co., Ltd. (CATL) signed a 10-year agreement on deepening cooperation with Voyah in Ningde, Fujian. The two companies will launch long-term cooperation in areas such as new technology application, product supply, brand synergy, and global market expansion.Under the agreement, on the technology side, CATL will provide Voyah with battery technology to promote the application of it...

News  Updated at: 2025/12/22

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

nched Phase 2 of its Melaka assembly plant, 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 ...

News  Updated at: 2025/12/16

Stellantis CEO says powertrain choices, Ram brand profits key to turnaround On December 4, while speaking during a fireside chat at the Goldman Sachs 17th Annual Industrials & Autos Week, Stellantis CEO Antonio Filosa indicated that Ram will play a major role in the company’s turnaround effort, due to the brand's profit margins, brand equity and global footprint, as well as high-profile product plans that include its first full-size SUV and a ...

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

Kinetic Engineering, India updates about its expansion plans In an investor update, Kinetic Engineering Limited (KEL) outlined plans to expand into global markets by 2027, with a roadmap that includes launching electric scooters and motorcycles, 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 t...

News  Updated at: 2025/12/09

PTT, Thailand plans to withdraw from EV production JV with Foxconn Reported on November 19, 2025, PTT PLC is considering selling its entire stake in Horizon Plus Co., Ltd., an EV joint venture with Hon Hai Precision Industry Co., Ltd. (Foxconn), to Foxconn. This move is part of PTT’s plan to improve its cash flow and prepare for a sluggish Thai and global economy in 2026. The company aims to earn an additional THB 100 billion through these sha...

News  Updated at: 2025/11/21

ng investments in Mexico and Brazil, where its regional manufacturing operations are based. In Aguascalientes, Mexico, the plant produces the second-generation Kicks and will also begin assembling the Frontier, previously built in Argentina. In Brazil, a BRL 2.8 billion investment cycle launched in 2023 and nearing completion is aimed at upgrading facilities and products, including the new Kicks, a new engine, and a second SUV named Kait, to be l...

News  Updated at: 2025/11/11

major commercial vehicle manufacturer at Purem by Eberspaecher’s Wilsdruff plant in Germany has been converted to Outokumpu's Circle Green stainless steel since early 2025, as part of a pilot project. The first systems made from sustainable stainless steel rolled off the production line in summer 2023. By the end of 2025, the inner and outer shells, as well as the insulation, will be fully adapted to the new material. The sustainable material, ...

News  Updated at: 2025/11/10