Government of India clears INR 15 billion incentive scheme for critical mineral recycling On September 3, 2025, the Union Cabinet approved an INR 15 billion Incentive Scheme under the National Critical Mineral Mission to build domestic recycling capacity for critical minerals. The six-year programme (FY 2025-26 to FY 2030-31) targets e-waste, lithium-ion battery scrap, and other secondary sources such as catalytic converters from end-of-life vehi...

News  Updated at: 2025/09/04

lity and price, the brand will provide more suitable options for family users and small and medium-sized companies. For brand development, Ruisheng adopts a “three-step” strategy, namely, making every effort to seize the market from 2025 to 2027, growing into a mainstream MPV brand from 2027 to 2030, and striving to be a leader in the MPV market by 2030. In the coming five years, Ruisheng will invest CNY 5 billion in R&D to integrate digital ...

News  Updated at: 2025/09/04

quietness unique to a FCEV with spacious rear seating and excellent ease of entry and exit, delivering comfortable and a premium travel experience unmatched by conventional taxis. To achieve the Tokyo Metropolitan Government's target for introducing fuel cell taxis (approximately 600 by fiscal year 2030), Toyota will also aim to introduce 200 units by fiscal year 2025 and provide support. To coincide with the project's launch, Toyota has also ren...

News  Updated at: 2025/09/04

unced GBP 4.5 million funding to improve access to electric vehicle (EV) charging across the country. Through the Rural and Island Infrastructure Fund, more charging points will be set up in areas that currently lack investment. The program supports the goal of adding 24,000 public charge points by 2030, focusing on rural and island communities. Funding will be open to local businesses, landowners, and charge point operators (CPOs). Based on Nati...

News  Updated at: 2025/09/03

d NEV of the same category within a set period. The scheme manages payments through discounts on sales, direct bank transfers, or subsidized loans. The Engineering Development Board will oversee the program digitally to avoid duplication and for transparency The total estimated subsidy outlay until 2030 is PKR 100.37 billion. The funding will come via feebates levied on new and imported internal combustion vehicles: 1–3% depending on the type a...

News  Updated at: 2025/09/03

tion products, including predictive maintenance services for fleet vehicles in North America, which is scheduled to roll out in October 2025. Sumitomo Rubber plans to position Sensing Core as its new source of revenue and grow it into a business generating over JPY 10 billion in operating profit by 2030. (From an article in the Nikkan Jidosha Shimbun on September 2, 2025)...

News  Updated at: 2025/09/02

ts from BOI incentives and Free Zone privileges and began mass production in February 2024. SVOLT also collaborates with government agencies and Rajamangala University of Technology Isan to transfer technology and train skilled personnel, contributing to Thailand’s target of 30% ZEV production by 2030. (From Banpu Next and SVOLT Energy Technology Thailand social media updates (I / II))...

News  Updated at: 2025/09/01

d an agreement with Dongfeng Motor Corporation to introduce the premium automotive brands MHero and Voyah to Saudi Arabia (KSA). This milestone marks a significant expansion of Al Ghurair Mobility into KSA, introducing advanced new energy and hybrid vehicles, whilst also supporting the Saudi Vision 2030’s goals for sustainable development and industry diversification. Based on Al Ghurair Mobility social media updates...

News  Updated at: 2025/08/29

duty trucks (HDTs), integrated application of new energy, and advancement of industrial upgrading. In Linfen, CATL will promote 1,000 HDTs with a bottom-mounted swappable battery and build 41 battery swapping stations by the end of 2025, and will build 60 battery swapping stations going forward. By 2030, the two parties will promote a total of 50,000 HDTs with a bottom-mounted swappable battery. For the smooth establishment of a zero-carbon trans...

News  Updated at: 2025/08/29

rain Product Division, explained the company’s business prospects that it will accelerate its full product lineup strategy to provide optimum powertrains in accordance with local needs. According to Mr. Kasuya, Aisin’s advanced development E-Axle product is likely to appear on the market around 2030. While the shift to electric vehicles (EV) is recently slowing down, Aisin expects that electrification will progress in the medium and long term...

News  Updated at: 2025/08/29

e powertrains. To boost EV adoption, stronger and longer-term incentives are needed, such as cheaper charging, subsidies, tax breaks, and better city access. Supporting multiple technologies, not just EVs, will help consumers switch faster, as seen in other regions. They warn that the EU’s strict 2030 and 2035 carbon dioxide targets for cars and vans are no longer realistic. The path must be adjusted to balance climate goals with industrial com...

News  Updated at: 2025/08/28

to improving road safety and promoting greener, more efficient mobility. Key priorities include strengthening EV infrastructure, regulations, certification standards, and the use of clean energy to cut greenhouse gas emissions. These efforts support Thailand’s goal of reducing emissions by 20% by 2030 and establishing the country as a regional hub for EVs. Tesla presented its full portfolio of products and technologies, including EVs (Model 3, ...

News  Updated at: 2025/08/28

carport panels will generate 1.17 million kWh annually, covering about 43% of the plant’s electricity needs and reducing its carbon footprint by nearly 495 metric tons of CO2 per year, aligning with Yanfeng’s global goal of achieving net-zero emissions and operating fully on renewable energy by 2030. The facility, which supplies door panels to BMW, Audi, and Volkswagen, adopted the project to meet its clients’ renewable energy expectations....

News  Updated at: 2025/08/28

rovided by the Government. DRM Draxlmaier Romania Sisteme Electrice SRL will expand the production capacity of electric vehicle wiring harnesses in its Satu Mare facility. The project, with a value of RON 297.2 million and an approved state aid of RON 133.7 million, will create over 400 new jobs by 2030 and will contribute to regional development with RON 211 million, in the form of local and national taxes and duties. Automobile Dacia SA will be...

News  Updated at: 2025/08/27

Cambodia lowers EV road taxes to drive adoption On August 21, 2025, Cambodia’s Ministry of Economy and Finance announced reductions in road taxes for electric vehicles (EVs) to encourage adoption under the National Policy on Electric Vehicle Development 2024–2030. The new fees, which vary based on a vehicle’s age and power, apply to passenger cars, small cargo EVs, and light passenger vehicles. EVs under five years old will pay KHR 100,000...

News  Updated at: 2025/08/26

ing in battery cell research, supporting its electric plans that started in 2019. Instead of scaling up Cellforce Group production, Porsche will now focus on developing cells and systems. Porsche will maintain a flexible mix of combustion, hybrid, and electric cars across all segments well into the 2030s. The new R&D unit will advance high-performance battery development and also support PowerCo through dedicated projects. Based on Porsche press ...

News  Updated at: 2025/08/25

Hexagon Composites, Norway extends strategic alliance agreement with Mitsui, Japan On August 14, Hexagon Composites and Mitsui & Co., Ltd. extended their Strategic Alliance Agreement until the earlier of March 20, 2030, and the date on which Mitsui's shareholding in the Company falls below a certain shareholding ratio.  Mitsui and Hexagon Composites have developed a close partnership over decades centered around the drive to accelerate and devel...

News  Updated at: 2025/08/22

infrastructure and consumer acceptance, FHEVs are well established and widely embraced for their fuel efficiency, ease of use, and reliability. As such, FHEVs remain central to Japan’s electrification roadmap, with new model launches expected to sustain growth through the rest of this decade. By 2030, FHEV sales are projected to account for over 31% of Japan’s total LV sales. However, the momentum will likely shift once again within the next...

News  Updated at: 2025/08/22

ffering modern and efficient vehicles in the Brazilian market. The launch event will take place in Rio de Janeiro during the first three days of September, and the models will be part of Peugeot’s 2026 lineup. This initiative is also tied to Stellantis’ BRL 32 billion investment plan for 2025–2030, which covers innovative products, disruptive solutions, and business opportunities. (AutoIndustria on August 21, 2025)...

News  Updated at: 2025/08/22

signed an agreement to produce the new ID.Every1 electric car at the Volkswagen Autoeuropa Palmela plant. The signing took place after a visit to the factory’s new large press and paint shop. Volkswagen will receive up to EUR 30 million in support, as part of a total EUR 270 million investment (PT2030 program, under the “Energy Efficiency and Decarbonization” scheme). The funding will help the plant stay competitive globally by producing ne...

News  Updated at: 2025/08/21