ting automotive manufacturing remains central to the UK’s value proposition. The growing connected and automated mobility (CAM) market also presents massive opportunities with a supportive regulatory framework facilitating the shift from testing to deployment. It is set to reach GBP 24 billion by 2040. Based on SMMT press release...

News  Updated at: 2026/04/09

cantly more demanding 2030 targets, without altering legal obligations. Despite this welcome procedural fix, the transition to zero-emission (ZE) HDVs is progressing too slowly. ACEA further stated that the amendment does not revise, lower, or reopen the ambitious HDV CO2 targets for 2030, 2035, or 2040, fully preserving the regulation’s overall ambition and the long-term decarbonisation pathway. The proposal does not address the infrastructure...

News  Updated at: 2026/04/08

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

mpany K2, plans to expand its autonomous commercial operations from Yas Island to Al Reem Island, Al Maryah Island, and Saadiyat Island, following a successful pilot phase. In partnership with Abu Dhabi Mobility, AutoGo’s expansion supports the emirate’s goal of making 25% of all trips smart by 2040. AutoGo by K2 is a UAE-based, fully autonomous ride-hailing service launched in partnership with Baidu’s Apollo Go. Based on Abu Dhabi Autonomo...

News  Updated at: 2026/03/20

ransformation by reviewing the strategy, which was previously revised in 2023. In the roadmap for leveraging public and private funding that has been developed by the Japanese government includes draft targets such as achieving JPY 40 trillion annual sales of domestically produced semiconductors in 2040, and METI also intends to incorporate these targets in its strategy. Mr. Toshiyuki Ochi, Parliamentary Vice-Minister of Economy, Trade and Indust...

News  Updated at: 2026/03/19

MATERI'ACT’s recycled IniCycled-P selected for European commercial van program MATERI'ACT, a FORVIA SE subsidiary, announced that its recycled compound IniCycled-P VP34M has been selected for a premium commercial van program in Europe. Production is scheduled from 2028 to 2040. Over the program’s duration, the material is expected to supply approximately 20 kilotons for automotive interior applications. (From MATERI'ACT social media updates o...

News  Updated at: 2026/03/18

Honda plans new roadmap as 2040 EV/FCV goal looks unlikely Honda Motor Co., Ltd. (Honda) announced on March 12 that it will revise its goal of making all new car sales in 2040 electric or fuel cell vehicles. President Toshihiro Mibe said, "In reality, we believe it will be difficult to achieve this goal. We are currently redrawing our long-term roadmap," he said. The company plans to outline its concrete direction at a press conference in May. Ho...

News  Updated at: 2026/03/13

Japanese government aims for sales of JPY 40 trillion from semiconductors produced in Japan by 2040 The Japanese government aims to achieve sales of JPY 40 trillion from semiconductors produced in Japan by 2040. It will support the development and manufacturing capabilities for advanced semiconductors, whose demand is growing due to the advancement of artificial intelligence (AI). In light of geopolitical risks, it will also help to strengthen su...

News  Updated at: 2026/03/11

European Council formally adopts European climate law On March 5, the European Council formally adopted the amended European climate law, introducing a binding intermediate climate target for 2040, of a 90% reduction in net greenhouse gas (GHG) emissions compared to 1990 levels. This adoption marks the final step in the legislative process. The amended regulation will enter into force 20 days after its publication in the Official Journal of the E...

News  Updated at: 2026/03/06

marks the company’s ninth solar project worldwide and is part of a three‑project solar collaboration between Iochpe-Maxion and Iberdrola in Mexico. This investment aligns with Maxion Wheels’ global sustainability program, Roadmap Zero, which targets net-zero emissions across all operations by 2040. (From a press release dated February 19, 2026)...

News  Updated at: 2026/02/20

Canada declares automotive strategy, investments, 90% EV sales by 2040 On February 18, the Canadian government released details of its new automotive strategy that combines investment, revised emissions standards, EV incentives for consumers, trade measures to reduce the auto sector’s dependence on U.S. policies, and assistance to Canada’s autoworkers. The measures announced by Prime Minister Mark carney on February 5 include:    1. Allocat...

News  Updated at: 2026/02/20

European parliament backs amendments to the EU Climate Law On February 10, the Members of the European Parliament backed a political agreement with the Council on amendments to the EU Climate Law by 413 votes to 226 and 12 abstentions, to include a new, intermediate and binding 2040 EU climate target of reducing net greenhouse gas (GHG) emissions by 90% compared to 1990 levels. Once Council has endorsed the text, it will enter into force 20 days ...

News  Updated at: 2026/02/11

te measures after previously dropping both an emissions cap on the oil and gas sector and regulations for clean electricity. In its place, Canada will introduce stronger emissions standards for 2027-2032 model years, which it says will help achieve a goal of 75% EV sales by 2035 and 90% EV sales by 2040. Carney said swapping the country's EV sales mandate for stronger emissions rules "focuses on the results that matter to Canadians, while avoidin...

News  Updated at: 2026/02/06

savings will come from material costs, overhead reductions, and higher sales, not from job cuts. Some workforce-related measures will also be introduced, but only with employee co-determination. MAN has agreed to guarantee jobs at its German sites until the end of 2035, with a possible extension to 2040 if business targets are met. The job security also applies to TRATON R&D Germany GmbH. All German production sites will be retained. MAN will gra...

News  Updated at: 2026/01/16

review of its electrification strategy. The company was aiming to achieve a global EV sales ratio of 30% by 2030. Honda’s President Toshihiro Mibe indicated that the ratio is now expected to be around 20%. Honda maintains its plan to make all new vehicle sales EVs and fuel cell vehicles (FCVs) by 2040. (From an article in the Nikkan Jidosha Shimbun on January 13, 2026)...

News  Updated at: 2026/01/13

er semiconductors, sensors, photonics, discrete devices, and analog chips to build a complete value chain. The plan, endorsed on January 7 by the National Semiconductor and Advanced Electronics Policy Committee and drafted by the Board of Investment (BOI), defines phased development goals for 2030, 2040, and 2050, emphasizing segments that leverage Thailand’s established capabilities in automotive, energy, data centers, and industrial applicati...

News  Updated at: 2026/01/08

Fuji Chimera Research forecasts global SDV market growth to JPY 62 trillion by 2040 Fuji Chimera Research Institute, Inc. (Chuo Ward, Tokyo) has surveyed the global market of software-defined vehicles (SDVs), announcing that the SDV-related market is expected to expand to JPY 61.81 trillion by 2040, a 2.9-fold increase from 2024. A full-scale deployment of SDVs is expected to begin from around 2030. The company has conducted surveys on three fiel...

News  Updated at: 2025/12/26

rgy and supporting the circular economy. By switching to green electricity, expanding renewables, and working on projects such as biomass power plant in Hanover, the company expects to save over 100,000 tons of carbon dioxide this year.  VWCV aims to make production at all sites climate-neutral by 2040. It is focusing heavily on clean energy for its factories. The Polish plants in Poznań and Września have already been running fully on green el...

News  Updated at: 2025/12/24

EU to amend European climate law (ECL), to introduce intermediate climate target for 2040 On December 10, the Council presidency and the European Parliament’s representatives reached a provisional agreement on amending the European climate law (ECL), introducing a binding intermediate climate target for 2040 of a 90% reduction in net greenhouse gas (GHG) emissions compared to 1990 levels. The agreement also confirms postponing the start of the ...

News  Updated at: 2025/12/11

nce on rare earth materials. The company’s proprietary magnet technology, based on Iron Nitride, enables magnets that are free of rare earths and other critical materials. U.S. industries currently consume approximately 50,000 tons of permanent magnets annually, with demand projected to double by 2040 for EVs and defense system production and data centers construction. Rowntree said that current U.S. magnet manufacturing output is less than 10,...

News  Updated at: 2025/11/26