ElevenEs, Serbia signs new MoU for LFP battery recycling On June 21, ElevenEs signed a memorandum of understanding (MoU) with MResource GmbH, Miracle Oruide (Guangzhou) Autoparts Remanufacturing Co. Ltd. (Oruide is a Joint Venture between Miracle Automation Engineering Co., Ltd. and Stellantis NV), and American Lithium Renaissance Holding Company to establish a joint venture for recycling LFP battery waste. This collaboration aims to develop a s...

News  Updated at: 2025/06/24

Wuling starts delivering Thai-assembled Binguo EV, equipped with locally-made battery Announced on June 14, 2025, Wuling Thailand has officially begun deliveries of the Thai-assembled Wuling Binguo EV to its dealers. The vehicle supports the globally recognized CCS2 charging standard, ensuring convenient use across public charging stations in Thailand.  It is also equipped with high-quality batteries manufactured in Thailand by NV Gotion Co., Lt...

News  Updated at: 2025/06/18

r semiconductors to dramatically improving energy efficiency. The new hybrid system will be developed based on a hybrid system (e-axle) mounted in the front part of the all-new RAV4 plug-in hybrid vehicle (PHV). The new system will be a 4-in-1 system that integrates a motor, reduction gear, DC-DC converter and inverter to offer a 15% decrease in height and an 18% reduction in weight compared to conventional systems. Although the all-new ES Hybrid...

News  Updated at: 2025/05/28

Sumitomo Chemical acquires LCP business from Belgian company Sumitomo Chemical Co., Ltd. announced that it acquired a liquid crystal polymer (LCP) resin business from Syensqo SA/NV, a leading chemical company based in Belgium. By incorporating the products and technology acquired from Syensqo, the Company will strengthen its LCP business, particularly in mobility and IT applications. LCP is used in various applications, including electronic compo...

News  Updated at: 2025/03/04

iency in the Benelux region. The new facility unites four key Honda entities:     Honda Motor Europe Ltd. – Certification & Regulatory Affairs (HME-CRA): Manages European, international and national certifications, as well as regulatory and R&D collaboration activities.    Honda Access Europe NV (HACE): Specialised in the design, purchase and sale of automotive accessories, factory options and merchandise.    Honda Benelux: Supports the s...

News  Updated at: 2025/01/31

avor from corporate customers, lost to its competitor, Toyota Motor Corporation’s Probox, and were sluggish in recent years. The Shonan Plant has an annual production capacity of 150,000 units. It has been producing the current AD (Y12) since 2007. Sales of the model will also end as soon as its inventory runs out. The Shonan Plant will continue the production of the Nissan NV200 Vanette. (From an article in the Nikkan Jidosha Shimbun on Januar...

News  Updated at: 2025/01/22

NXP Semiconductors to acquire Austria-based TTTech Auto NXP Semiconductors NV (NXP Semiconductors), a Dutch semiconductor manufacturer, has agreed to acquire TTTech Auto AG (TTTech Auto), a developer of automotive middleware and systems, at USD 625 million (JPY100 billion). TTTech Auto, based in Vienna, Austria, provides software-defined vehicle (SDVs) solutions. It has business with many leading automakers and houses approximately 1,100 engineer...

News  Updated at: 2025/01/15

Hexagon, Sweden to acquire GNSS technologies provider Septentrio NV, Belgium On January 7, Hexagon announced an agreement to acquire Septentrio NV, a leading OEM provider of Global Navigation Satellite System (GNSS) technologies. Septentrio will be reported within Hexagon's Autonomous Solutions division. Completion of the transaction is subject to regulatory approvals and other customary conditions and is expected to be finalized in the first hal...

News  Updated at: 2025/01/14

Tofaş, Turkiye signs new loan agreement for financing of K0 model investment On December 19, Tofaş Türk Otomobil Fabrikası A.Ş. signed a sustainability-linked export credit agency (ECA) loan agreement, worth EUR 295 million, with BNP Paribas Fortis SA/NV and ING Bank, a branch of ING-DiBa AG (SACE Lenders), for the financing of K0 model commercial vehicle investment. The loan will support in financing the previously announced and additional ...

News  Updated at: 2024/12/25

Italy to work with Stellantis if jobs and factories are retained On December 15, multiple sources reported that Italian prime minister announced that it is willing to work with Stellantis NV, as the carmaker charts a new course if the company keeps jobs and factories in the country. The company and the government are in talks to safeguard the group’s roughly 40,000 jobs in Italy as the new Chairman and interim CEO seeks a new path forward for t...

News  Updated at: 2024/12/16

Bridgestone to close Lanklaar Plant in Belgium Bandag Europe NV (Bandag), a group company of Bridgestone Corporation (Bridgestone), announced that it will close its retread production plant in Lanklaar, Belgium, around the first half of 2025. Bridgestone has been restructuring its European truck and bus business, including retread tires, with the aim of improving profitability. After a comprehensive review of the future business environment, prof...

News  Updated at: 2024/09/18

icle to counteract the sun's rays and redirect the heat energy away from the vehicle. There have already been paints that reflect near-infrared rays but there have not been any paints that can redirect heat energy. In November 2023, the two companies commenced a 12-month feasibility trial using the NV100 Clipper at Haneda Airport. In addition to confirming the effectiveness of the device in suppressing temperature rise, they have also verified du...

News  Updated at: 2024/08/07

th seven.  •    Hyundai Motor Group: Genesis GV60, Hyundai Santa Fe, Kia Carnival, Kia EV6, Kia EV9, Kia Forte and Kia K5. •    BMW AG: BMW 2 Series, BMW 7 Series, BMW iX, BMW X4 and MINI Countryman•    Toyota Motor Corporation: Lexus LC, Lexus RX and Toyota Tacoma.•    Stellantis NV: Alfa Romeo Giulia and Jeep Wagoneer•    Nissan Motor Co., Ltd: Nissan Titan•    Volkswagen AG: Porsche Taycan•    Jaguar Land Rover Li...

News  Updated at: 2024/07/27

Bridgestone to supply POTENZA SPORT tire for Maserati Grecale Folgore as OE Bridgestone Europe NV/SA, a subsidiary of Bridgestone Corporation (Bridgestone), announced that its POTENZA SPORT tire has been adopted for the Maserati’s first electric SUV, Grecale Folgore, as original equipment. In the development of the POTENZA SPORT, Bridgestone’s simulation technology was combined with a Maserati’s driving simulator to develop and test tires i...

News  Updated at: 2024/05/31

to a record-high USD 69.2 billion (JPY 10 trillion) on a sales basis. The company has estimated the 2023 automotive semiconductor market share rankings as follows: Germany-based Infineon Technologies AG (about 14%), the Netherlands-based NXP Semiconductors N.V. (11%), Swiss-based STMicroelectronics NV (10%), U.S.-based Texas Instruments Inc. (9%), and Renesas Electronics Corporation (7%). The top five companies commanded about 50% of the automoti...

News  Updated at: 2024/05/02

d Energy Engineering, Drew Baglino, who just left the company, was leading many engineering projects at Tesla, including the 4680 battery cell production and the cathode factory at Gigafactory Texas, two projects have seen serious delays. Earlier in April it was reported that Musk has shut down the NV9 a project to build the next-gen cheaper EV at the plant, postponing also the expansion planned for Gigafatory Texas in which to build the ‘Model...

News  Updated at: 2024/04/17

Tesla reported to scrap low-cost car plans amid fierce EV competition, Musk denies Tesla has canceled the long-promised inexpensive car, according to three sources familiar with the matter and company messages reported by Reuters. The project, internally known as NV91 and externally as H422, was canceled in a company meeting attended by scores of employees, with instructions to halt all related activities and document the learning outcomes for fu...

News  Updated at: 2024/04/06

Stellantis aquires CloudMade’s AI to enhance personalized mobility On January 24, Stellantis NV announced the acquisition of CloudMade's and all its AI framework, machine learning models, and intellectual property rights and patents. As this is the industry's leading cloud and software development tool used to analyze and collect automotive data, it will be used for the medium-term development of the STLA SmartCockpit platform. The architecture...

News  Updated at: 2024/01/25

nd development focused on EV batteries to boost performance and those made from domestically available battery materials. The consortium is a subsidiary of the United States Council for Automotive Research LLC, which is a collaborative company among Ford Motor Co., General Motors Co. and Stellantis NV for cooperative research and development in the domestic auto industry. The grant was among USD 131 million for projects that the DOE said would ad...

News  Updated at: 2024/01/24

Bridgestone Europe completes sale of its Russian assets to S8 Capital On December 20, Bridgestone Europe NV/SA announced the sale of its Russian assets to S8 Capital, a Russian diversified holding company. The deal has received all necessary regulatory approvals. The agreement includes a tire manufacturing plant in Ulyanovsk and a sales and marketing office in Moscow. The company suspended all manufacturing activities in Russia in March last year...

News  Updated at: 2023/12/20