ns to secure more than 10 times the production capacity of the existing Hwaseong factory in Gyeonggi Province. The company, designated as a core company in the pouch film sector under South Korea’s supply chain framework act, aims to increase its domestic production rate of the material to 50% by 2030. Furthermore, the company is working to strengthen its technological competitiveness by achieving both safety and energy density through thicker ...

News  Updated at: 2026/04/02

s Boulder Concept sport utility vehicle at the 2026 New York International Auto Show. This SUV design study previews the brand’s first fully-boxed body-on-frame architecture, a new platform that has been confirmed to underpin a production midsize pickup to be built in the U.S. and be delivered by 2030.  While still in development, Hyundai confirmed that its future body-on-frame vehicles will be designed in America, developed for America, and b...

News  Updated at: 2026/04/02

NYIAS 2026: Genesis to launch 22 new, enhanced vehicles in North America by 2030 On April 1, at the New York International Auto Show, Genesis president and CEO Jose Munoz announced a multi‑year product and manufacturing strategy that underscores the brand's commitment to North America. "Today we are committing to 22 new or significantly enhanced vehicles in North America by 2030,” said Munoz. From 2026 through 2030, Genesis plans to introduce...

News  Updated at: 2026/04/02

ed to strengthen its long-term competitiveness. The plant will continue to operate as a major high-volume facility, producing tens of thousands of trucks each year depending on market demand. As announced last year, Daimler Truck will invest more than EUR 2 billion in its German production sites by 2030, with about half of the investment going to Worth plant. The funding will support projects such as a more environmentally friendly paint shop and...

News  Updated at: 2026/04/01

Volvo Trucks begins road testing of hydrogen combustion truck On April 1, Volvo Trucks announced that it has started on-road testing of heavy trucks powered by hydrogen combustion engines. The company has planned to launch its hydrogen solutions by 2030. These trucks are expected to deliver better performance, with higher efficiency, lower fuel consumption, and increased power compared to conventional hydrogen engines. These trucks use High Pre...

News  Updated at: 2026/04/01

g the milestone of the five millionth SUV to roll off the line over 30 years of production. Mercedes-Benz used the event also to announce that as part of a USD 7 billion commitment over the next few years in its U.S. operations, USD 4 billion will be invested specifically in the Tuscaloosa plant by 2030. GLS: The full-size SUV offers the top-line GLS 580 4MATIC with a V8 powertrain that delivers 530 hp and 553 lb-ft of torque, and the six-cylind...

News  Updated at: 2026/04/01

EU adopts amendment to regulation on CO2 emission standards for heavy-duty vehicles On March 30, the European Council formally adopted a targeted amendment to the regulation on CO2 emission standards for heavy-duty vehicles. The new rules introduce a temporary flexibility for manufacturers to comply with their 2030 CO2 emissions reduction targets. The amendment does not alter the long-term reduction targets. The regulation will now be published i...

News  Updated at: 2026/03/31

’s Enchem Co., Ltd. has entered the preparation stage for mass production and supply of electrolytes for LFP (lithium iron phosphate) batteries to CATL, a Chinese secondary battery manufacturer. In December 2025, the company signed a contract to supply 350,000 tons of electrolytes from 2026 through 2030, with mass production launch scheduled for June 2026. At present, the company is conducting quality tests at its Zaozhuang No. 1 Factory in Sha...

News  Updated at: 2026/03/31

eported that the large-scale cathode supply contract between L&F Co., Ltd. and a European battery manufacturer could be significantly reduced or canceled. The contract is for supplying high-nickel cathode materials worth a total of KRW 9.24 trillion (JPY 1.02 trillion) from January 2025 to December 2030. The contract partner is believed to be Northvolt AB of Sweden.  Having been affected by the slowdown in demand for electric vehicles (EVs), Nor...

News  Updated at: 2026/03/30

first-served” basis, with approved vehicles subject to a 6.1% most-favored-nation tariff rate. The second phase quota period runs from September 1, 2026, to February 28, 2027, covering up to 24.5k vehicles plus any unused quota from the first phase, with plans to expand the quota to 70k units by 2030. Volkswagen Group has also reached an agreement with the EU to avoid the additional tariffs imposed by the bloc, while Canada has opened up new s...

News  Updated at: 2026/03/30

ISI, Barclays, Mizuho, BofA, Wells Fargo, Morgan Stanley, Truist, UBS, Jefferies, JPM, Needham & Co, HSBC, Cantor Fitzgerald, and William Blair, it says it does not endorse them. While estimates for Q1 and full-year 2026 do not look good for the EV maker, they of course rise slowly for 2027 through 2030. (Tesla release on March 26, 2026)...

News  Updated at: 2026/03/28

Canatu, Finland, announces updated strategy and long-term financial targets On March 26, Canatu Plc’s Board of Directors approved its updated strategy and long-term financial targets, which extend until the end of 2030. Canatu has set long-term targets for 2030 of EUR 100–150 million in revenue and a 25–30% EBIT margin.  In Automotive, Canatu will focus on the full-windshield market and ADAS camera heaters through its carbon nanotubes (CNT...

News  Updated at: 2026/03/27

Germany announces climate protection program, focuses on sustainable mobility On March 25, the German Federal Cabinet has adopted a climate protection program to save 25 million tons of CO2 by 2030. This will enable the climate targets for 2030 and 2040 to be met.  In the transport sector, the country will promote the purchase of electric cars. The new funding program for electric cars will support up to 800,000 electric vehicles. The target gro...

News  Updated at: 2026/03/27

Hyundai to launch 36 new models in North America by 2030 On March 26, Hyundai Chief Executive Jose Muñoz told shareholders at the company’s annual general meeting that the company plans to launch 36 new models in North America by 2030, up from the 25 it currently sells, in a manufacturing strategy that shows the brand’s long‑term commitment to the U.S., Canada, and Mexico.  The 36 all‑new or significantly enhanced models the company wil...

News  Updated at: 2026/03/27

Government of India targets 5,000 tonne rare earth magnet capacity On March 25, the Department of Atomic Energy announced its plans to scale domestic production capacity of rare earth permanent magnets to 5,000 tonnes a year by 2030, up from an operational samarium‑cobalt plant capacity of 500 tonnes today, as part of a broader push on critical minerals, including lithium. The current annual requirement for these magnets is about 4,000 tonnes a...

News  Updated at: 2026/03/26

ted so far. But we’re starting to see use cases that do require more computational power and lower latency — things like automated vehicle marshalling, automated vehicle platooning, or tele-operated driving. For these kinds of applications, edge computing becomes important. Looking ahead toward 2030, we expect edge computing to play a much bigger role. Q4. What message would you send to OEMs preparing for next generation connected vehicles? A...

News  Updated at: 2026/03/26

bring over 330 zero-emission vehicles to Scotland’s operators, alongside the installation of charging infrastructure. Additionally, the Scottish Government is continuing to examine options for a regulatory approach through the UK Bus Services Act 2025. This would apply from a date no earlier than 2030, to further support the phased uptake of zero-emission buses on local services. Based on press release from Transport Scotland...

News  Updated at: 2026/03/26

plant in Gyeongsan-si, Gyeongsangbuk-do. To respond to changes in the business environment in China, the company intends to withdraw from its production base in Dongguan, Guangdong Province, and concentrate its automotive parts and other product production capacity in South Korea. From 2026 through 2030, the South Korean company plans to invest KRW 75 billion (JPY 8.25 billion) to build a precision plastic parts plant.  Founded in 2008, Samkwang...

News  Updated at: 2026/03/26

on.  It will help to build 2,574 new charge points, including 1,374 DC fast chargers and 1,200 AC chargers. New Zealand currently has around 1,800 public charge points. Combined with this investment, the national total will be around 4,550. The Government is working towards 10,000 charge points by 2030. Based on press release from the Government of New Zealand...

News  Updated at: 2026/03/25

eding 350km, a combine power consumption as low as 0.7kWh/100km, and a cargo space of 71 cubic meters. It precisely meets the requirements for operations such as express logistics and urban delivery. Guangdong Province plans to deploy 173 heavy-duty truck megawatt charging stations between 2026 and 2030, including 20 for the first phase. With Huawei and other ecological partners, GAC Commercial Vehicle will advance the establishment of a megawatt...

News  Updated at: 2026/03/25