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Volvo Cars provides update on cost and cash turnaround plan
enses and create a leaner, more efficient organization. Volvo Cars is taking steps to cut material costs, including closer collaboration with the Geely group on procurement and jointly developing new models for the China market. The company has also reduced working capital and slowed its investment pace. The major investments in its new product architecture are nearly complete, which will lead to lower costs and better performance through technol...
News Updated at: 2025/07/18
JLR partners with ev.energy to pilot smart EV charging in UK
JLR partners with ev.energy to pilot smart EV charging in UK On July 17, JLR partnered with smart EV charging software platform ev.energy to promote more sustainable and cost-effective charging for its customers. As part of the collaboration, JLR is running a pilot program in the UK using 10 electric Jaguar I‑PACE vehicles to test the integration of ev.energy’s software. During the pilot, ev.energy’s software will connect with JLR’s vehi...
News Updated at: 2025/07/17
Ola Electric, India to scale cell capacity; no plans beyond 5 GWh until FY 2029
annually, while 5 GWh would enable production of up to 1.2 million vehicles. The total capex for the 5 GWh plant stands at INR 28 billion. Of this, INR 15 billion has already been invested, with most of the remaining spending planned for this fiscal and some extending into FY 2027. Given the slower pace of EV market growth, Ola does not plan to expand beyond 5 GWh until FY 2029. Based on Ola Electric Investor presentation...
News Updated at: 2025/07/16
Spanish passenger car sales increase 15.2% in June
xceeding 119,000 units. In addition, we have had two consecutive months in excess of 110,000 deliveries. According to the data, the hybrid continues to rise while diesel already accounts for less than 6% of monthly sales. On the electrification side, enrolment continues to progress despite the slow pace of processing MOVES III aid, whose budget will not reach the end of the year. However, we closed the semester above 600,000 units and with a 14% ...
News Updated at: 2025/07/02
Japan White Paper on International Economy and Trade mentions a severe global economic slowdown due to U.S. Trump administration tariffs
istry has analyzed that the increase in U.S. tariffs in April was historically severe, and that the uncertainty of the U.S. Trump administration’s policies is depressing the global economy. The White Paper states that the Chinese manufacturing industry is rapidly expanding its capacity at a recor pace, issuing a warning of increasing Asian country dependence on China. The effective U.S. tariff ratio increased to 25.9% in April, and the Internat...
News Updated at: 2025/06/30
GlobalData blog: The rise of Chinese automotive brands in Europe: Insights from 2025 so far
GlobalData blog: The rise of Chinese automotive brands in Europe: Insights from 2025 so far As we approach the midpoint of 2025, the momentum of Chinese brands has gathered more pace as they carve out their niche in the European market. With the introduction of the “make origin” fields in GlobalData’s Light Vehicle Sales Forecasts, we now have clearer visibility into the growth trajectory of these brands than ever before. The results from...
News Updated at: 2025/06/23
Current status of EV charging infrastructure in China (May 2025)
estic charging facilities and the domestic sales volume of New Energy Vehicles (NEVs) were 1.583 million units and 4.753 million units, respectively, both maintaining rapid growth. The 1 to 3.0 ratio between the two figures indicates that the construction of charging facilities has essentially kept pace with the rapid development of NEVs. Operating status of domestic public charging facilities in different regions: Domestic public charging facili...
News Updated at: 2025/06/16
Cornish Lithium acquires new technology to strengthen lithium production readiness
idico. It will give Cornish Lithium the ability to mine, process, and refine battery-grade lithium hydroxide within its site at Trelavour Downs in Cornwall. This end-to-end “pit to battery-grade product” capability helps to de-risk extraction, refining, and processing as the business moves at pace from research and development to full-scale UK lithium production. Cornish Lithium’s acquisition follows extensive pilot testing of the technol...
News Updated at: 2025/05/26
Costs paid by seven major Toyota-affiliated parts suppliers on R&D remain high
n the previous year, and the total amount spent by them on R&D will exceed JPY 1.2 trillion. Meanwhile, four suppliers will decrease their spending on new plant and equipment compared to the previous year. While investment in plant and equipment is in an adjustment phase due to uncertainty over the pace of the shift to electric vehicles (EV), the U.S. Trump administration’s tariff policy, and foreign exchange, the parts suppliers will continue ...
News Updated at: 2025/05/20
Current status of EV charging infrastructure in China (April 2025)
estic charging facilities and the domestic sales volume of New Energy Vehicles (NEVs) were 1.247 million units and 3.658 million units, respectively, both maintaining rapid growth. The 1 to 2.9 ratio between the two figures indicates that the construction of charging facilities has essentially kept pace with the rapid development of NEVs. Operating status of domestic public charging facilities: In April 2025, the number of domestic public chargin...
News Updated at: 2025/05/16
China’s April vehicle production, sales volumes increase 8.9% y/y, 9.8% y/y, respectively
anufacturers (CAAM) announced China’s vehicle production and sales results for April 2025. According to the CAAM, in April 2025, China’s overall vehicle market performance was good, with production and sales volumes growing steadily year-over-year (y/y). Domestic demand was released at a faster pace, providing solid support for the market. Vehicle exports remained stable amid drastic changes in the external environment. New Energy Vehicle (NE...
News Updated at: 2025/05/14
Stellantis Mirafiori plant restarts with Fiat 500e and Maserati production
lowing a long pause caused partly by upgrades to prepare for the upcoming FIAT 500 hybrid, which is set to launch in a few months. For now, operations are limited to a single shift due to low demand for the electric 500, but there are no planned production stoppages in May 2025, despite the reduced pace. Maserati has also restarted production. Its line was previously dismantled due to low demand, switching to a more flexible “island” setup. H...
News Updated at: 2025/05/08
Waymo partners with Magna Steyr on robotaxi factory in Mesa, Arizona
Waymo partners with Magna Steyr on robotaxi factory in Mesa, Arizona Waymo announced it is investing in a new vehicle manufacturing plant in Mesa, Arizona along with its manufacturing partner Magna Steyr, where it plans to build more than 2,000 Jaguar I-Pace vehicles through 2026 with Waymo’s fully autonomous technology, which it designs and assemble in the U.S. Magna built the I-Pace for Jaguar Land Rover at its Magna Steyr contract manufactur...
News Updated at: 2025/05/07
European Commission proposes overhaul of EU’s road safety, vehicle registration rules
European Commission proposes overhaul of EU’s road safety, vehicle registration rules On April 24, the European Commission announced that it is planning to update EU rules on road safety and vehicle registration, covering vehicle inspections, registration, and roadside checks for commercial vehicles. The current rules are outdated and don't match the pace of new vehicle technologies, pollution concerns, and road safety challenges. The new rule...
News Updated at: 2025/04/25
Hanon Systems wins 2025 Automotive News PACE Award
Hanon Systems wins 2025 Automotive News PACE Award Hanon Systems Co., Ltd. announced that it has won a 2025 Automotive News PACE Award for its solution to enhance antimicrobial and deodorizing performance in HVAC systems based on its visible-light LED photocatalyst technology. This solution effectively eliminates microorganisms, harmful gases, and odors entering the vehicle from internal and external sources. Testing by external institutions demo...
News Updated at: 2025/04/21
Thai govt. urged to expand support for commercial EV transition
rged authorities to allow commercial EV operators to participate in carbon credit trading, as their vehicles contribute to lowering CO2 emissions. Expanding charging infrastructure is also seen as crucial. Since charging large electric vehicles takes time, the number of available stations must keep pace with rising demand. (From the Royal Thai Government release and an article of Bangkok Post on April 17, 2025)...
News Updated at: 2025/04/21
Syensqo, Belgium develops Ajedium PEEK film technology for e-motor slot liners
ance the efficiency and sustainability of electric motors and batteries. This cutting-edge technology allows manufacturers to streamline e-motor and battery designs by reducing size and eliminating the need for traditional moisture management systems. The technology was named a 2025 Automotive News PACE Pilot Innovation to Watch. Based on Syensqo press release ...
News Updated at: 2025/04/17
Waymo unveils autonomous driving test vehicle in Japan
s taxi services in four cities in the U.S., including Atlanta and Miami. In Japan, the company will collaborate with Nihon Kotsu Co., Ltd, (Nihon Kotsu, Chiyoda Ward, Tokyo), and Go Inc., a taxi allocation application provider (Go, Minato Ward, Tokyo). Their demonstration test will use the Jaguar I-PACE electric vehicles equipped with devices such as a LiDAR (laser scanner), a camera, and a radar system. Waymo, Nihon Kotsu, and Go will operate a ...
News Updated at: 2025/04/11
Brazilian vehicle sales increase 4.2% to 195,536 units in March 2025 (ANFAVEA)
.2% y/y to 551,744 units. On March 13, Scotiabank maintained its previous January forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026. “Good performance shows that demand remains heated. Despite the challenges in credit, there is a sustained pace of growth,” Fenabrave president Arcelio Junior said. (ANFAVEA release on April 8, 2025) (Fenabrave press release on April 3, 2025)(Scotiabank p...
News Updated at: 2025/04/09
Brazilian vehicle sales increase 4.2% in March 2025 (Fenabrave)
Rampage with 1,819 units. On March 13, Scotiabank maintained its previous January forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026. “Good performance shows that demand remains heated. Despite the challenges in credit, there is a sustained pace of growth,” Fenabrave president Arcelio Junior said. (Fenabrave press release on April 3, 2025)(Scotiabank press release on March 13, 2025) (mu...
News Updated at: 2025/04/04