umer requirements. Alongside its EV initiatives, TVS also focuses on broadening its internal combustion engine (ICE) scooter portfolio.  To support its growth strategy, TVS Motor has approved a capital expenditure of INR 20 billion for FY 2026. This investment will be directed toward EV technology development, battery localization, and digital analytics to enhance vehicle performance. A portion of the CAPEX will also be used to scale up Jupiter ...

News  Updated at: 2025/05/12

Kaiyi Auto, China announces global market strategy On April 28, Kaiyi Auto announced its new global market strategy. It announced its ‘55511’ plan, focusing on its core businesses, enhancing its brand image, and committing to long-term development. The ‘55511’ plan outlines five goals for Kaiyi Auto by 2030: achieving an annual production and sales volume of 500,000 vehicles; an output value of CNY 50 billion; a profit and tax of CNY 5 bi...

News  Updated at: 2025/05/12

FORVIA HELLA secures major contract for intelligent control electronics On May 12, FORVIA HELLA announced that it has been nominated by a global premium OEM for the development and production of an "Advanced Control Module" (ACM). It will enter series production in 2028. FORVIA HELLA will also start series production of an "Intelligent Power Distribution Module" (iPDM) for another renowned automotive manufacturer by mid-year. The total order volu...

News  Updated at: 2025/05/12

Cavo Otomotiv, Turkiye plans investment in North Macedonia On May 9, the Technological Industrial Development Zones (TIDZ) announced that it held a meeting with Cavo Otomotiv to discuss its investment plans.  Cavo Otomotiv is planning a plant in TIRZ Skopje with an investment of EUR 25 million. It will create 500 new jobs. Founded in 1984, Cavo is a multinational corporation operating in the automotive equipment industry, designing and manufactu...

News  Updated at: 2025/05/12

Infineon and Visteon sign MoU for development of next-generation electric vehicle powertrains On May 9, Infineon Technologies AG and Visteon Corporation signed a memorandum of understanding (MoU) to advance the development of next-generation electric vehicle powertrains. They will collaborate and integrate power conversion devices based on Infineon semiconductors, with particular emphasis on wideband gap device technologies, which provide signifi...

News  Updated at: 2025/05/09

Cagatay Cable, Türkiye to build new facility in North Macedonia to produce wires and cables On May 8, the Technological Industrial Development Zones (TIDZ) announced that the Turkish company Cagatay Cable, which has been operating within the framework of TIRZ Skopje 1, will invest EUR 6 million. It plans to build a new 10,000-square-meter facility, which will create 200 new jobs. The new factory will be twice the size of the current one and will...

News  Updated at: 2025/05/09

ix both (e.g., BYD, Geely use Huawei as component supply for Harmony OS, ADS etc.) Analyst View Huawei’s “Wintel of Autos” Strategy Like Windows + Intel in PCs, Huawei combines HarmonyOS + Ascend chips + ADS software to create an all-in-one ecosystem. Car brands using Huawei tech gain faster development but risk losing control (similar to PC makers relying on Wintel) and become “Huawei’s hardware partners”. The Big Picture The auto i...

News  Updated at: 2025/05/09

owcase advanced production technologies and innovations in the EV sector. Other highlights include the “BOI SYMPOSIUM 2025: Shaping the Future of xEV in Thailand” and a panel discussion featuring senior executives from Mercedes-Benz, BMW, Honda, Toyota, MG, and Changan, focusing on xEV industry development and supply chain integration. (From Thailand BOI release and SUBCON Thailand social media updates)...

News  Updated at: 2025/05/09

EVAT and CATARC discuss NEV development and industry trends in Thailand Announced on May 3, 2025, the Electric Vehicle Association of Thailand (EVAT), on April 29, met with the Board of Directors from the China Automotive Technology and Research Center Co., Ltd. (CATARC) at CATARC’s Southeast Asia office in Bangkok.  The meeting centered on exchanging policy information, discussing industry trends, and exploring future cooperation between CATA...

News  Updated at: 2025/05/09

.S. for this initiative,” Nissan said. “This project aims to improve Nissan’s plant utilization ratio in the U.S., while allowing MMC to expand its model lineup with locally produced vehicles, creating a mutually beneficial outcome for both companies.” Mitsubishi CEO Takao Kato spoke of the development also on May 8 while announcing financial results for the fiscal year ended March 31, but declined to offer details saying the idea is stil...

News  Updated at: 2025/05/09

Delta Automotive, Botswana to increase production of wiring harnesses for VW and Nissan vehicles On May 7, the African Development Bank announced that its USD 80 million credit line to the Botswana Development Corporation (BDC) for businesses in Botswana will help Delta Automotive Technologies to expand its operations.  Delta Automotive makes wiring harnesses for Volkswagen's Polo Vivo and Polo 270, and Nissan's H60 brands. It currently makes 12...

News  Updated at: 2025/05/08

m-ion batteries is actively continuing. About 80% of the construction of all buildings and structures has been completed. It expects to launch pilot production by the end of 2025, and the first serial products will be released in 2026. The new unique enterprise will make a major contribution to the development of the Russian battery industry, implementing a full production cycle - from lithium-ion cells to the final assembly of batteries. The gig...

News  Updated at: 2025/05/08

n international safety standards, including fuel fire, nail penetration, and rollover tests, conducted at Mahindra's R&D facilities and FEV’s eDLP test center near Leipzig, Germany. The tests adhered to IEC, ISO, UL, SAE, and AIS standards, with AIS being critical for the Indian market. The joint development was completed in two years, with a focus on reducing both development time and cost. The battery system has entered series production, fol...

News  Updated at: 2025/05/08

s trucks for highway transport between logistics hubs. Around 150 engineers contributed to making autonomous trucks a reality. The project, backed by EUR 59.1 million in funding from Germany’s Federal Ministry for Economic Affairs and Climate Protection. The result is a prototype ready for future development and scaling. While more work is needed before mass production, ATLAS-L4 shows that autonomous trucks could help reduce traffic, prevent ac...

News  Updated at: 2025/05/08

Ministry of Business, Italy and STMicroelectronics sign agreement for development of Catania site On May 7, the Ministry of Business and Made in Italy and STMicroelectronics signed an agreement to support the growth and expansion of the STMicroelectronics site in Catania.  The implementation of the program includes investments of EUR 5 billion in the period 2023-2037, with public incentives exceeding EUR 2 billion.  Thanks to the new investment...

News  Updated at: 2025/05/08

ased project partner Lyten. The joint project aims to deliver the most efficient battery solutions for mobility, motorsport, marine, and other applications. As part of the joint project, Lyten provides the lithium-sulfur-based battery cells, while hofer powertrain is responsible for complete system development and integration from module architecture to functional validation. hofer powertrain has transferred the cell chemistry into a modular batt...

News  Updated at: 2025/05/08

Ascend Elements, USA secures USD 320 million funding to build pCAM manufacturing facility in Poland On May 7, Ascend Elements announced that it had secured up to USD 320 million (PLN 1.22 billion) in funding from Poland’s Ministry of Economic Development and Technology to build a sustainable precursor cathode active material (pCAM) manufacturing facility. pCAM is a high-value engineered material essential for producing lithium-ion batteries use...

News  Updated at: 2025/05/08

MAHLE develops bionic radial blower for automotive air conditioning systems MAHLE GmbH (MAHLE) announced that it has developed a bionic radial blower for automotive air conditioning systems. The development has been guided by an example from nature. The bionic radial blower, which is modeled after the fins of a penguin, improves efficiency while significantly reducing noise. The shape of the fan has been optimized to mimic the wings of a penguin,...

News  Updated at: 2025/05/08

Kobe Steel and Panasonic Connect agree to jointly develop new arc welding techniques On May 7, Kobe Steel, Ltd. (Kobe Steel) and Panasonic Connect Co., Ltd. (Panasonic Connect) announced that they have reached an agreement on the joint development of new arc welding techniques and sales of new welding materials to help stabilize welding quality and improve electrodeposition coating for automobiles and motorcycles. The degree of difficulty in weld...

News  Updated at: 2025/05/08

quarter with approximately USD 5.76 billion in total liquidity, and expects to produce approximately 20,000 vehicles in 2025. During Q1, Lucid acquired select facilities and assets in Arizona previously belonging to Nikola Corp., expanding possibilities for manufacturing, warehousing, testing, and development. (Lucid releases on May 6, 2025) 1 / 2...

News  Updated at: 2025/05/08