Novacium, France partners with GH Technology to expand Li-ion cell technology in Asia-Pacific On May 22, Novacium SAS, a French start-up specializing in material science and engineering, signed its first international commercial Letter of Intent (LOI) with GH Technology during the CIBF 2026 battery trade show. The partnership aims to expand access to Novacium’s advanced cylindrical lithium-ion cell technology across the Asia-Pacific region, inc...

News  Updated at: 2026/05/22

er regions. The company also intends to create a European joint venture with Dongfeng, 51% Stellantis-owned, to collaborate on distribution, engineering, sourcing and capacity sharing at the Rennes (France) plant.     •  In partnership with Tata, Stellantis is enhancing its competitiveness in Asia Pacific, Middle East and Africa, and South America through synergies in manufacturing, supply chain, product, and tech.     •  With Jaguar ...

News  Updated at: 2026/05/22

Horse Powertrain and Aurobay Technologies unveil new generation HORSE V20 engine for hybrid systems On May 20, Horse Powertrain, via its Aurobay Technologies division, unveiled the new HORSE V20 engine. It is being produced at the Skovde plant, Sweden, and will be shipped to markets in Europe, US, and Asia. The latest generation 2.0-litre, 4-cylinder engine is designed to meet stricter emission rules for 2026-2027. It comes in two versions i.e.,...

News  Updated at: 2026/05/20

s), and electrification.  With the full-scale operation of Hyundai Group Metaplant engaged and orders from global customers in North America, the company engaged in discussions with representatives from the local automotive ecosystem. Hyundai Mobis plans to host an additional Mobis Mobility Day in Asia in the second half of 2026 as the company expands the open innovation that it previously focused on in North America and Europe, seeking out oppo...

News  Updated at: 2026/05/20

ortant model for Nissan to increase its presence in the new vehicle market and the soundness of its business. Nissan Shatai Kyushu Co., Ltd. (Kanda-machi, Fukuoka Prefecture) will manufacture the model. Nissan also plans to export the new model, with a view to launch it in regions such as Southeast Asia after the release in Japan. The price and unit sales target will be announced at a later date. Price competitiveness against rival vehicles will ...

News  Updated at: 2026/05/19

ked by declining demand and the emergence of new technologies in tire production. The development comes shortly after AFAC reported that the local auto parts sector lost around 4,100 jobs over the past year, attributing the decline to reduced vehicle production and rising imports, particularly from Asia. The situation highlights ongoing pressures on Argentina’s automotive supply chain, as companies face cost challenges and shifting market dynam...

News  Updated at: 2026/05/16

capabilities aligned with U.S. energy and environmental standards. AKFA’s first U.S. operation will integrate recycled aluminum billets and energy-efficient systems to support a low-carbon supply chain. AKFA Aluminum Solutions U.S. LLC operates the aluminum division of AKFA Group, one of Central Asia’s largest industrial companies with more than 8,000 employees across 20 facilities. AKFA Group produces up to 100,000 tons of product annually,...

News  Updated at: 2026/05/16

ADB launches initiative to build Asia’s critical minerals supply chains On May 3, the Asian Development Bank (ADB) launched a new financing facility to help countries in Asia and the Pacific develop critical minerals supply chains needed for clean energy, batteries, electric vehicles, and digital technology. The Critical Minerals-to-Manufacturing Financing Partnership Facility aims to help the region expand beyond mining into higher-value activ...

News  Updated at: 2026/05/15

al, high-purity graphite products, and the recycling of lithium-ion battery anodes. Using its HFfree purification technology, EcoGraf will upgrade the SPG (spherical graphite) to produce 99.95% C high-performance battery anode material to supply electric vehicle, battery, and anode manufacturers in Asia, Europe, and North America. Based on EcoGraf Limited press release...

News  Updated at: 2026/05/15

nding nationwide charging networks and described PHEVs as a practical bridge technology for Thailand’s transition. Bosch and BULLETRUX said AI, semiconductors, and automotive electronics are becoming increasingly important as geopolitical tensions continue reshaping supply chains across Southeast Asia. EVAT called for stronger development of Thailand’s EV support network and greater movement by local suppliers into more technology-intensive m...

News  Updated at: 2026/05/15

llars. Jatco will start the mass production of electric motorcycle drive parts in China in June. It will supply its “in-wheel motor drive unit” jointly developed with a Chinese motor manufacturer to local motorcycle manufacturers. After mass production, the company aims to expand into Southeast Asia and other regions where its motorcycle manufacturer customers have a presence. In the new business, the company plans to expand the sales of elec...

News  Updated at: 2026/05/15

unit sales due to factors such as semiconductor supply shortages, the company implemented company-wide cost reductions, and achieved profitability excluding EV-related losses. Automobile unit sales decreased by 8.9% y/y to 3,387 thousand unit, primarily due to a decline in sales in China and other Asian markets. As for FY2026 ending March 31, 2027, the company expects an operating profit of JPY 500 billion and profit for the fiscal year attribut...

News  Updated at: 2026/05/14

eached a record share of 44.7% in U.S. auto parts imports during Q1 2026, while 87.2% of its exports were directed to that market in January–February 2026. Despite the positive trend, the industry remains highly dependent on U.S. demand and continues to rely on imported electronic components from Asia, while uncertainty around USMCA revisions may impact future investment. (AMIA-AMDA-INA press conference on May 11, 2026)...

News  Updated at: 2026/05/13

Future Mobility Thailand 2026 opens in Bangkok Announced on May 13, 2026, Future Mobility Thailand 2026 officially opened at BITEC Bangkok and will run through May 15.  Held alongside TyreXpo Asia Bangkok & AutoMROtive 2026, the exhibition is organized by the Thai Auto Parts Manufacturers Association (TAPMA) and Informa Markets to support Thailand’s ambitions of becoming a regional hub for EVs, advanced automotive technologies, aftermarket ser...

News  Updated at: 2026/05/13

The company will also consider postponing the introduction of its own developed EVs. Meanwhile, the number of hybrid vehicle (HEV) models will increase from one to four, and EVs jointly developed with China’s Changan Automobile Co. Ltd. (Changan Automobile) will be introduced in Europe, Southeast Asia, Australia, and other markets. The company also announced that the compact sports utility vehicle (SUV), to be produced at its Thai plant for sal...

News  Updated at: 2026/05/13

Schaeffler - ThunderSoft to jointly develop central vehicle computing platforms Schaeffler AG has partnered with ThunderSoft to develop and market central vehicle computing platforms for future vehicle architectures. The collaboration aims to support automotive manufacturers in their transition toward software- and AI-based vehicles, initially targeting the Asia-Pacific region and Europe. In the longer term, it is expected to expand into China an...

News  Updated at: 2026/05/12

ture growth. Plans for markets outside of China -          Build a market with a sales scale in the 200,000-unit range in each of Latin America, ASEAN, and Europe, as well as a market with a sales scale between 100,000 units and 150,000 units in each of Eastern Europe, the Middle East, and Asia-Pacific. -          For operations outside of China, Geely Auto Group has adjusted general agents to subsidiaries. To date, 14 subsidiar...

News  Updated at: 2026/05/11

Mitsubishi Motors falls short of three-year plan through FY2025 due to external factors, aims to sharpen “Mitsubishi identity” with new-model offensive Mitsubishi Motors Corporation (Mitsubishi Motor) has completed its three-year "Challenge 2025" plan through fiscal 2025. While sales increased in Japan and parts of Southeast Asia, the company fell short of its initial numerical targets. This was due to significant changes in the business envi...

News  Updated at: 2026/05/11

e value creation in Europe? A4. I would like to answer this question in two parts. First: from Schaeffler’s entrepreneurial perspective.We benefit from being very globally positioned and having a high level of value creation in all key regions. In the Americas, Brazil, India, China, and Southeast Asia, we develop and manufacture our products largely locally—from raw materials through to finished components. This regional setup strengthens res...

News  Updated at: 2026/05/08

Honda reportedly ends CAD 15 billion EV factory plans in Canada On May 5, Nikkei Asia and multiple sources reported that Honda has decided to shelve its planned CAD 15 billion (USD 11 billion) EV and battery manufacturing hub in Ontario, Canada, due to slow demand to put hybrids at the center of its North American strategy. The Honda plant was slated to begin operating as early as 2028. When Honda announced the Alliston, Ontario project in April ...

News  Updated at: 2026/05/07