i is also exploring some advanced countries like Australia and other regions. It will not be impacted by tariffs as it is between the US and other countries. With the expansion of the Pune plant, it will reach 1.1 million units of production capacity. Last year, exports made up 21% of its sales. By 2030, the export penetration can go up and maybe reach 30%. It is also studying the India-UK trade agreement and looking at new opportunities, especia...

News  Updated at: 2025/05/26

on of urban mobility across Saudi Arabia, including through the deployment of Autonomous Vehicles (AVs). Through this partnership, Abdul Latif Jameel and Uber aim to build a scalable mobility fleet and create 30,000 earning opportunities for Saudi nationals. The MoU supports Saudi Arabia’s Vision 2030 by addressing the needs of drivers, riders, and tourists, and promoting economic growth. Based on Abdul Latif Jameel press release...

News  Updated at: 2025/05/26

Toyota begins construction of new Tokyo head office in Shinagawa to open in FY2030 On May 26, Toyota Motor announced that it will begin construction on the Shinagawa Station West Exit Area District A New Construction Plan (tentative name), which it is carrying out together with Keikyu Corporation, on May 31, 2025. Prior to the start of construction, Toyota held a groundbreaking ceremony on May 23. The company will open a new Tokyo Head Office in ...

News  Updated at: 2025/05/26

026. The facility, confirmed as the group’s largest globally, will produce Volvo Trucks and Mack Trucks. The project represents a total investment of USD 1 billion, with an initial USD 750 million allocated during the groundbreaking in October 2024. The plant is expected to generate 2,000 jobs by 2030. (Multiple sources on May 21, 2025)...

News  Updated at: 2025/05/24

(VRU) in real-traffic conditions.  Demonstrations on public roads emphasized the vision of how NTN can support ubiquitous automotive connectivity for connected services with seamless integration and switching between NTN and terrestrial networks to enable voice communication. According to the 5GAA 2030 Roadmap, the initial market deployment of satellite connectivity in vehicles is expected by 2027.  For the first time on the road, 5GAA member V...

News  Updated at: 2025/05/23

Aisin to strengthen drive parts for HVs and PHVs due to slowdown in EV sales Aisin Corporation (Aisin) will renew its efforts on drive parts for vehicles other than electric vehicles (EVs), such as automatic transmissions (ATs) and hybrid vehicle (HV) drive units. The company has reconsidered the percentages of powertrain categories through 2030, and added the drive unit business for HVs and plug-in hybrid vehicles (PHVs) to its growth areas. In ...

News  Updated at: 2025/05/23

t was made during the plant’s 10th anniversary celebration, highlighting the facility’s growing importance in Stellantis’ South American operations. The hybrid model will be part of a broader plan that includes six new products and the introduction of a new brand at the plant between 2025 and 2030. With BRL 13 billion in investments recently announced, Stellantis aims to renew its product line, attract suppliers, and generate jobs, reinforc...

News  Updated at: 2025/05/23

s. The vote sends President Donald Trump the measure to repeal a waiver granted by the U.S. Environmental Protection Agency under former President Joe Biden in December 2024. California’s rules require 35% of new 2026 model cars sold in the state to be zero-emission vehicles, ramping up to 68% in 2030, and 100% in 2035. California rules are often followed by 11 other U.S. states. The resolution now goes to the White House, where President Trump...

News  Updated at: 2025/05/23

CATL launches 75# standardized swapping electric block Contemporary Amperex Technology Co., Ltd. (CATL) launched the 75# standardized swapping electric block and an all-scenario chassis-based battery swapping solution, and announced the goals of establishing a green battery swapping network covering 80% of China’s trunk line transport capacity by 2030 and promoting electrified heavy-duty trucks to achieve a more than 50% market penetration rate...

News  Updated at: 2025/05/22

Astemo showcasing in-wheel motor system at Automotive Engineering Exposition 2025 Astemo, Ltd. (Astemo, Chiyoda Ward, Tokyo), a major parts supplier, has developed an in-wheel motor system, which includes a drive motor built in a wheel, and has showcased it at the Automotive Engineering Exposition 2025, which opened on May 21. Astemo aims to put it into practical use around 2030. The new in-wheel motor system is compatible with 12-inch wheels, wh...

News  Updated at: 2025/05/22

UBE to invest JPY 545 billion over six years to achieve sales of JPY 550 billion in FY 2030 UBE Corporation (UBE) has announced its new mid-term business plan through the fiscal year that ends in March 2031 (FY 2030), which aims to become a specialty chemical company. For FY 2030, the company aims to increase sales to JPY 550 billion from JPY 486.8 billion in FY 2024, and operating profit of JPY 60 billion from JPY 18 billion. The company has als...

News  Updated at: 2025/05/22

ractical entry point for consumers new to electric mobility while reaffirming its focus on sustainability. BMW echoed the call for flexible and inclusive policies, reaffirming its commitment to sustainability across the value chain and its global target to cut carbon emissions by 40 million tons by 2030. Honda, Toyota, MG, and Changan stressed collaboration with the government and local suppliers to strengthen the domestic xEV ecosystem, focusing...

News  Updated at: 2025/05/21

Bosch seeks to expand North American component production On May 14, Robert Bosch GmbH reported North American consolidated sales of USD 17.3 billion and net sales of USD 18.6 billion. North America had the largest sales increase globally for Bosch in 2024, growing 5% year-over-year.  The growth moves the company toward its goal of the region representing 20% of global sales by 2030, at the same time President Trump has increased tariffs on impo...

News  Updated at: 2025/05/21

rch 31, 2025, motorcycle sales reached 20.6 million units, which accounted for nearly 40% of the global motorcycle market, setting a record in 37 countries and territories. Honda projects industry-wide motorcycle sales to grow from the current level of 50 million units to 60 million units by around 2030. To capture this growing demand, Honda will offer products tailored to the diverse needs of global customers and optimize its product supply syst...

News  Updated at: 2025/05/20

Honda 2025 Business update: realigning automobile electrification strategy On May 20, Honda held a press briefing on realigning its automobile electrification strategy. As for EVs, due to the revision of the product launch plan considering the recent market slowdown, the Honda global EV sales ratio in 2030 is now expected to fall below the previously announced target of 30%. Honda will position its HEVs, as the powertrain that will play a key rol...

News  Updated at: 2025/05/20

n and upgrade of its ultra-fast charging network, focusing on highways and urban hubs across Europe. Currently operating over 5,000 charging points, it aims to more than double the number of charging points to approximately 13,000 and grow its network to more than 1,300 charging sites by the end of 2030.  Based on IONITY press release ...

News  Updated at: 2025/05/19

angan Deepal S07 and the compact SUV Changan Deepal S05, for the European market starting from October 2025. Additionally, the company, with its "In Europe, For Europe" strategy, aims to expand its presence to 10 European countries by the end of 2025 and establish a network of over 1,000 dealers by 2030. Based on Changan Europe social media update...

News  Updated at: 2025/05/19

ization and intellectual property strategies into its “action plan for strengthening industrial and technological infrastructure for economic security”, which will be revised as early as June, in five fields including perovskite solar cells. For the widespread use of perovskite solar cells from 2030, the Japanese government aims to achieve the early establishment of technology and intellectual property to lead the global perovskite solar cell...

News  Updated at: 2025/05/19

follows a drop in February, when 8,531 ZEVs were sold in Canada, representing a decline of 41.3% compared to the previous year. ZEVs accounted for 6.8% of new motor vehicle sales that month. Federal legislation in Canada still requires that ZEVs account for 20% of new-vehicle sales in 2026, 60% in 2030 and 100%in 2035. So far, Prime Minister Mark Carney’s Liberal Party have only said in their election platform that they would “look at ways...

News  Updated at: 2025/05/17

osures, and falling investments, leading to major job losses. About 62% of suppliers are dealing with too much production capacity and high fixed costs, putting more jobs at risk. For the sixth year in a row, most suppliers are not making enough profit to reinvest or adapt. Investment plans through 2030 have already been cut by EUR 22 billion, threatening Europe’s ability to stay competitive in green and digital technologies. Suppliers are unde...

News  Updated at: 2025/05/16