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Kioxia Kitakami Plant to complete construction of second plant building
Kioxia Kitakami Plant to complete construction of second plant building Kioxia Corporation (Kioxia) announced that it will complete the construction of a second flash memory plant building (K2) at its Kitakami Plant (Kitakami City, Iwate Prefecture) in July 2024 to start operations in the autumn of 2025. The company intends to gradually invest in facilities while closely monitoring trends in the flash memory market where demand is recovering. The...
News Updated at: 2024/08/06
Hyundai launches Stargazer X MPV in Vietnam
ont air vents. It is powered by a SmartStream G1.5 engine that delivers 115 PS at 6,300 rpm and 144 Nm torque at 4,500 rpm. The car drives the front wheels through an iVT transmission (intelligent continuously variable transmission), improved from the CVT. The Stargazer X sits on Hyundai’s latest K2 platform, in accordance with the 4th generation ASEAN NCAP standard. The Hyundai Stargazer Standard, the Stargazer X, and the Stargazer X Premium...
News Updated at: 2024/04/19
Lumax Group, India updates about new launches during Q3 FY 2024
Lumax Group, India updates about new launches during Q3 FY 2024 Lumax Industries announced that during Q3 FY 2024 ending December, it has launched an LED headlamp and tail lamp for Mahindra’s XUV 700; circularly polarized light (CPL), and daytime running lamp (DRL) for Tata Motor’s Punch EV in the passenger vehicle segment. It also launched a headlamp projector for Mahindra K2 commercial vehicle.Further, Lumax Auto Technologies Limited also a...
News Updated at: 2024/02/14
Indonesia-made all-new Hyundai Stargazer MPV launched in Vietnam, local production to start in 2023
pecial, 1.5L Premium, and 1.5L Premium 6 seats. The Stargazer will be produced in Vietnam from 2023. Hyundai Stargazer, which is inspired by the design of the Staria MPV, owns windshield designed with a seamless bevel with the bonnet extending throughout the whole car. Developed on Hyundai's latest K2 platform, this MPV’s overall dimensions are (LWH) 4,460x 1,780x 1,695 mm with a wheelbase of 2,780 mm, the largest in the segment. Powering this ...
News Updated at: 2022/10/26
Michelin supplies OE fitment tires for Ferrari 296 GTB
Michelin supplies OE fitment tires for Ferrari 296 GTB Michelin announced that it has been chosen by Ferrari as an official tire supplier for its new 296 GTB. As a result, Michelin will supply two different tires for the car – the MICHELIN Pilot Sport 4S K1 for predominantly road driving, and the road-legal MICHELIN Pilot Sport Cup 2R K2 for drivers wishing to push the limits of their car on the track. (From a press release on March 7, 2022)...
News Updated at: 2022/03/09
Porsche invests in software specialist Cetitec
Porsche invests in software specialist Cetitec On May 9, Porsche informed that it is acquiring a majority stake in Pforzheim-based software company Cetitec. This is the Zuffenhausen sports car manufacturer’s response to the ever-increasing importance and growing complexity of software and electronics in vehicles. Cetitec was spun off from Karlsruhe-based K2L GmbH in 2012 and currently has around 100 employees. The company specialises in softwar...
News Updated at: 2019/05/09
WellBiotec buys 4.7% stake in K2 Energy Solutions
WellBiotec buys 4.7% stake in K2 Energy Solutions South Korea’s WellBiotec announced that it acquired 900,000 shares in K2 Energy Solutions, Inc. at Korean won (KRW) 10.2 billion (JPY 100 million) to secure a 4.7% stake in the US secondary battery manufacturer. The investment was made by having WellBiotec’s US arm, Wellbiotec New Energy Fund, LLC, acquire the shares from The Battery Powered Technologies, Inc. WellBiotec plans to work together...
News Updated at: 2019/04/03
GM confirms final production dates for Lordstown, Detroit-Hamtramck, Oshawa, Warren Transmission, Baltimore Operations
nt will cease production of 6-speed transmissions for the Cadillac XTS, GMC Acadia, Chevrolet Impala, Malibu, and Volt, and the Global Front Wheel Electric (GFE) unit, also for the Volt, on August 1, 2019.The Baltimore Operations plant will cease production of full-size pickup transmissions (T1 and K2) on April 1, 2019.(General Motors email on November 26, 2018)...
News Updated at: 2018/12/04
TESSON to set up new lithium battery joint venture
TESSON to set up new lithium battery joint venture TESSON Holdings Limited announced on October 26, 2018, that its subsidiary, TESSONNE Co., Ltd. will set up a joint venture in Lishui, Nanjing, with K2 Energy Hong Kong Ltd. and K2 Energy Solutions, Inc. The total registered capital in the new company is USD 20 million. The new company will work on research and development, production and sales of lithium-ion batteries and related parts, battery m...
News Updated at: 2018/10/30
Mitsubishi Fuso announces investment of JPY 11.8 billion in Kawasaki Plant
duct Center that will house its headquarters, R&D and design center. The state of the art building features 10,792 square meters of office space on five floors. MFTBC will also construct a new production building at K1 that will house some of the processes currently located at Kawasaki Plant No. 2 (K2). Start of production at this building is scheduled to commence by the end of 2018. Earlier this year, MFTBC announced that it will sell its K2 sit...
News Updated at: 2017/11/16
Next Gen Verna scales record sales in India
g response for Next Gen Verna with more than 7,000 Bookings with 70,000 enquires since its super launch in India on August 22, 2017.The Next Gen Verna bookings are almost double of the HMIL monthly target.HMIL also targets to deliver first 10,000 Next Gen Verna before Diwali.Built on All New K2 platform similar to Hyundai’s Global Bestseller Elantra, The Next Gen Verna is a technological marvel developed with Futuristic Design, Dynami...
News Updated at: 2017/09/01
Hyundai launches all-new Verna sedan in India
l (AHSS).It is equipped with 1.6L Dual VTVT Petrol and 1.6L U2 Common Rail Technology VGT diesel engine offers powerful performance with low NVH, high fuel efficiency and durability. The engine is mated to an in-house developed 6-Speed Manual and 6-Speed Automatic Transmission.Built on all--new K2 platform similar to Hyundai’s global bestseller Elantra, its ride and handling characteristics of platform are complemented by McPherson strut s...
News Updated at: 2017/08/23
Hyundai unveils all-new VERNA in India
ensuring best-in-class body rigidity, structural changes and crash performance.The next gen Verna has outstanding low NVH characteristics by the use of enhanced sound absorption materials and strong body structure and improved engineering of design. The 5th generation Verna is built on the all new K2 platform, thus enabling precise tuning of key suspension components for enhanced cornering and high speed stability.Hyundai India Press release fro...
News Updated at: 2017/08/04
Kia unveils new Pegas and K2 Cross at Auto Shanghai 2017
Kia unveils new Pegas and K2 Cross at Auto Shanghai 2017 On April 19, Kia Motors unveils two new cars at the Shanghai International Automobile Industry Exhibition 2017, each designed, engineered and built exclusively for Chinese buyers. The new Pegas compact sedan and the new K2 Cross with SUV-inspired compact car.The Kia Pegas is a compact sedan, manufactured and marketed exclusively in China. The new Pegas is powered by Kia’s 1.4-liter gasoli...
News Updated at: 2017/04/21
Mahindra lauches all-new small SUV KUV100
and 1.2L turbo diesel (77 bhp) engines. With a fuel efficiency of 25.32 km/l (ARAI certified), the KUV100 is also India's most fuel efficient diesel SUV. Available at Mahindra dealerships across India from January 15, the KUV100 starts at an attractive price of INR 442,000 (ex-showroom Pune for the K2 petrol variant) and INR 522,000 (ex-showroom Pune for the K2 diesel variant). (Mahindra Release on January 15, 2016)...
News Updated at: 2016/01/20
Hyundai Mobis completes second lamp plant in Jiangsu, China
ive Parts Co., Ltd. (JMA), its subsidiary in China, had completed construction of its second lamp plant in November 2012. Located in Yancheng City, Jiangsu Province, JMA produces lighting products, chassis modules, cockpit modules and front-end modules for the Cerato, the Forte, the K3, the K5, the K2, and the Sportage R built by Dongfeng Yueda Kia Motors. (From a press release, January 4, 2013)...
News Updated at: 2013/01/04
Korea Delphi has been awarded a contract from General Motors to supply parking brakes for GM's new K2XX platform designed for GM North America. The K2XX, which is the successor to the GMT900, is a new platform that will be used from 2013 for full-size pick-up trucks and SUVs for sale in the North American market. Delphi will supply 780,000 parking brakes per year. Korea Delphi predicts that this agreement will generate approximately 170 billion w...
News Updated at: 2010/04/26