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

Carney says Stellantis offered assurances on Brampton plant, dependent on USMCA On October 16, Canadian Prime Minister Mark Carney told reporters that the global head of Stellantis told him shortly before the company announced it would be moving planned production of the Jeep Compass to Belvidere, Illinois from its plant in Brampton, Ontario, that the company is looking at finding a new model to fill the idled Canadian plant, but that a decision ...

News  Updated at: 2025/10/18

BASF presents chromium-free and fluoride-free passivation technology for copper foils On October 9, BASF announced that Chemetall, the global surface treatment business unit of BASF Coatings, introduced the first chromium-free and fluoride-free passivation technology for copper foils, Gardolene D. It enhances battery performance, is more sustainable. It is fully compliant with the European Union’s new Battery Regulation (EU 2023/1542).  It imp...

News  Updated at: 2025/10/09

by the end of 2025, including locations at Pavilion Damansara Heights, Nexus Bangsar South, and The Mall, Mid Valley Southkey. Under the Home Charging Program, over 8,000 Tesla owners have installed chargers at home. When Tesla obtained an Approved Permit (AP) exemption under Malaysia’s MITI BEV Global Leaders program in 2023, it was required that at least 30% of its DC fast chargers (minimum 180 kW) be accessible to the public and usable by E...

News  Updated at: 2025/10/07

Tesla granted ‘Unboxed Process’ patent by USPTO On September 23, Tesla was granted a patent by the USPTO for its Unboxed Process, titled “AUTOMATED EXTERIOR VEHICLE PART ASSEMBLY USING GLOBAL DATUM”. The process includes utilizing past Tesla manufacturing methods, including Gigacasting and structural battery integration, with more efficient “post-manufacturing” processes, like pre-painting. The Unboxed Process was first unveiled by Te...

News  Updated at: 2025/09/24

leading provider of AI software, announced a five-year expansion of its partnership with Lear Corporation. Under the new agreement, Lear will broaden its use of Palantir Foundry, as well as Palantir’s Warp Speed manufacturing operating system and Artificial Intelligence Platform (AIP), across its global manufacturing footprint. Currently, Foundry and AIP are helping Lear proactively manage its tariff exposure, automate administrative workflows,...

News  Updated at: 2025/09/05

Niterra to acquire spark plug and exhaust gas sensor businesses from Denso Niterra Co., Ltd. (Niterra) announced by September 2 that it will acquire Denso Corporation’s (Denso) spark plug and exhaust gas sensor (oxygen sensors and air-fuel ratio sensors) businesses. The acquisition price will be JPY 180.6 billion. Niterra’s share in the global automotive plug market is likely to reach 60%. While the shift to electric vehicles (EVs) is current...

News  Updated at: 2025/09/03

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

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

e of Alcoa’s operating alumina refineries in Western Australia. Gallium supports a wide range of important industries, including the technology sector, particularly semiconductors, and the defense industry. Gallium production is currently concentrated in China, which introduced market controls in 2023, heightening global interest in alternative supply chains. Australia and the U.S. have recognized gallium as a critical mineral, including Japan,...

News  Updated at: 2025/08/05

Ford to reveal new EV, platform on August 11, CEO Farley says On July 30 during the investors call following release of its Q2 report, Ford CEO Jim Farley announced a new EV strategy and the coming reveal of a new electric vehicle and EV platform on August 11 at its Louisville Assembly Plant in Kentucky. During 2023 negotiations with the UAW, Ford promised to invest USD 1.2 billion into Louisville Assembly and an "all-new EV product" following th...

News  Updated at: 2025/08/01

is decision follows challenging market conditions in the control unit division, including significantly declining volumes and increasing competitive and pricing pressure. The Bosch eBike Systems and Bosch Sensortec divisions are not affected by the restructuring plan. This move is part of Bosch’s global downsizing program, which began in late 2023. Including the planned cuts in Reutlingen, Bosch now expects to reduce its global workforce by ove...

News  Updated at: 2025/07/23

eneral Motors. In January, Webasto announced it would close its Rochester Hills, Michigan, plant in a consolidation impacting 244 workers. In December 2024, it laid off 218 workers after cutting the third shift at its Plymouth Township and New Hudson factories. On July 3, Webasto announced that its global restructuring is on track and expected to be completed in 2028. Webasto had launched its restructuring program at the end of 2024, adjusting it...

News  Updated at: 2025/07/12