ave completed 10,000 kilometers of extensive testing, confirming high build quality and best-in-class performance. The new e-rick, to be launched under a fresh brand, aims to tap into the 40,000-unit segment. It will introduce a lithium-ion model. Based on Bajaj Auto investor conference call Q4, FY 2024-25 ...

News  Updated at: 2025/06/09

stan, Turkmenistan, and the Republic of Uzbekistan took part in the 4th meeting of the India-Central Asia Dialogue. The Sides expressed interest in the joint exploration of rare earth and critical minerals. Appreciating the outcomes of the first India-Central Asia Rare Earth Forum held in September 2024 in New Delhi, they called upon the relevant authorities to hold the second India-Central Asia Rare Earth Forum meeting at their earliest convenie...

News  Updated at: 2025/06/09

ervices relating to software-defined vehicles (SDVs). Automakers expect that the enhancement of predictive maintenance and safety functions as well as autonomous driving functions are likely to help generate revenue. Cubic3, a subsidiary of SoftBank Corp., conducted the survey in the second half of 2024. About 50% of the respondents showed their willingness to purchase “vehicle-based services” including autonomous driving, about 40% their wil...

News  Updated at: 2025/06/09

Nissan achieves carbon neutrality in Mexican headquarters On June 5, Nissan Mexicana announced that its corporate headquarters in Mexico City achieved carbon neutrality for the 2024 fiscal year, offsetting 513 tons of CO2 through carbon credits. The achievement was made possible through a partnership with Pronatura México A.C. and the government of Aguascalientes, using reforestation in the certified natural reserve “El Tecolote” to capture ...

News  Updated at: 2025/06/07

has already invested USD 700 million. A BMW spokesperson said that plans for battery assembly remain on schedule and the plant is expected to begin operations in 2026. AESC had previously cancelled its more ambitious expansion plans in February 2025. Instead of the second factory announced in March 2024 with a further 1,080 jobs and investment of USD1.5 billion, only the one plant would now be built in Florence. (multiple sources on June 5, 2025)...

News  Updated at: 2025/06/07

Indian passenger vehicle retail sales decrease by 3.1% in May 2025 On June 6, the Federation of Automobile Dealers Associations (FADA) announced that the retail sales of passenger vehicles (PV) decreased by 3.1% to 302,214 units in May 2025 against 311,908 units in May 2024. Commercial vehicle (CV) sales decreased by 3.7% YoY in May 2025 to 75,615 units against 78,530 units last year. Two-wheeler (2W) sales increased by 7.3% YoY to 1,652,637 unit...

News  Updated at: 2025/06/06

term solution, as it would require significant development, testing, validation, and integration efforts. A formal process for end-use declarations is in place, but Bajaj Auto noted that final approvals from authorities in China are still pending. Based on Bajaj Auto investor conference call Q4, FY 2024-25 ...

News  Updated at: 2025/06/06

pply of drivetrain parts for an electric sports car, over 100 sets have been dispatched to the customer under Phase 1. These parts are currently undergoing validation at the customer site. The mass production is planned to commence in August 2026. Based on RACL Geartech investor presentation Q4, FY 2024-25 ...

News  Updated at: 2025/06/06

Commercial Vehicle Solutions (CVS) division has delivered the fifth generation of its Electronically Controlled Air Suspension (ECAS) technology, OptiRide ECAS, to Hyundai Motor Company (HMC). Series production for HMC follows earlier rollout to one of the leading European CV manufacturers in late 2024. HMC started integrating the system into buses for the Japanese market in 2024 and plans to expand use to the Hyundai XCIENT truck. Produced at Z...

News  Updated at: 2025/06/06

Brazil vehicle production up 28.8%, exports up 92.6% in May 2025 (ANFAVEA) The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle production (excluding CKD production) in May 2025 of 214,749 units represented an increase of 28.8% from May 2024. Of the vehicles produced in May, 154,956 were passenger cars; 44,546 were commercial vehicles; 12,327 were trucks and 2,920 were buses. A total of 1,025,89...

News  Updated at: 2025/06/06

hicle registrations of 105,285 units in May 2025 represented a decrease of 5.2% over the last May. New vehicle sales of 486,302 units in the first five months of the year represented a 5.2% decrease YoY. Passenger car sales of 14,166 units in May represented a 33.3% decrease from the same period in 2024, SUV sales of 63,699 units represented a 6.6% increase, LCV sales of 23,493 units represented a 7.2% decrease and MHCV sales of 3,927 units repre...

News  Updated at: 2025/06/06

vehicle assembly facility on May 29. The event introduced VKTR’s industrial capabilities to key stakeholders, including government officials and industry partners. The facility is designed to assemble electric buses and trucks, supporting the national EV ecosystem. Construction began in February 2024 and was completed by 2024, reflecting VKTR’s strong execution capabilities. With a current Domestic Component Level (TKDN) of over 40% for buse...

News  Updated at: 2025/06/06

ater while cutting waste, including solar energy systems and plastic and metal recycling. Cantabria has avoided 500 tons of CO2 emissions through lighting upgrades and circular economy practices like reusing 7,500 tons of molding sand. Both plants hold ISO 14001:2015 environmental certification. In 2024, more than 80% of Nissan’s sales in Spain were electrified, with a goal of reaching 85% in 2025. The brand advocates for fiscal reforms like re...

News  Updated at: 2025/06/06

Argentine vehicle sales up 111.7%, production up 25.2%, exports up 14.7% in May 2025 On June 5, Argentina’s Association of Automobile Manufacturers (ADEFA) announced that wholesale sales of 58,952 vehicles in May were up 12.0% from April sales, and up 111.7% from May 2024. Of those vehicles sold in May, 42,545 were passenger cars, 125.7% more than last May, and 16,407 were commercial vehicles, 82.2% more than last May. Argentina’s production ...

News  Updated at: 2025/06/06

orp plans to introduce two new affordable electric vehicle (EV) models in the first half of FY 2025-26 (ending March 31, 2026). These launches are expected to strengthen the product portfolio and further increase market share in the EV segment. Based on Hero MotoCorp investor conference call Q4, FY 2024-25...

News  Updated at: 2025/06/05

e Automotive India Private Limited won orders worth INR 140 million for steering products from various domestic customers (incl. INR 10 million for EVs). It also won orders worth INR 1.57 billion from domestic passenger vehicle customers for airbags. Based on Rane Group investor presentation Q4, FY 2024-25...

News  Updated at: 2025/06/05

Marelli and OLEDWorks partner on digital OLED 2.0 rear light for Audi Q6 e-tron Marelli announced that its collaboration with OLEDWorks on the 2024 Audi Q6 e-tron rear light project using the groundbreaking digital OLED 2.0 technology was honored with the 2025 “Collaborative partnership of the year” award at the AutoTech Awards. Combining OLEDWorks’ Atala OLED technology with Marelli’s system integration expertise, the cutting-edge tailla...

News  Updated at: 2025/06/05

merican region. Panasonic is focusing on reducing its dependence on Chinese materials and securing new sources, while expanding local procurement to build a stable battery supply chain. SNE Research press release Annual Cumulative Global Battery Usage for xEV (Unit: GWh） Rank Supplier 2025.1-4 2024.1-4 Growth Rate Share 1 CATL 117.6 82.6 42.4% 38.1% 2 BYD 53.4 33.2 60.8% 17.3% 3 LG Energy Solution 31.4 27.0 16.3% 10.2% 4 SK On 13.4 1...

News  Updated at: 2025/06/05

e wars”, the industry’s overall profit level has been declining. As a critical link between manufacturers and consumers, automobile dealerships have also faced severe challenges, including mounting business pressure, shrinking profit margins, excessive inventories, and tight cash flow. Since Q2 2024, the situation has worsened amid a new round of price wars. In response, the CADCC emphasized the need to improve the survival conditions of auto...

News  Updated at: 2025/06/05

Mexican vehicle sales down 0.2% in May 2025 On June 4, Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) reported sales of 119,961 light vehicles in May, representing a decrease of 0.2% from the 120,236 sales in May 2024. Nissan sold 22,573 units in May, an increase of 8.4% from the previous year. Overall Volkswagen Group sales of 12,618 units in May decreased 10.2% from the same month in 2024. General Motors sold 15,604 units, a d...

News  Updated at: 2025/06/05