Zhejiang Huashuo to soon start production in new building in Miskolc, Hungary On March 31, Halms Hungary Kft. announced that it has received the first building of its manufacturing center in Miskolc at INPARK. It has started installing manufacturing equipment. The test plant is expected to begin in June 2026. Halms Hungary Kft. is the Hungarian subsidiary of Zhejiang Huashuo Technology Co., Ltd.  The company will invest EUR 200 million in three ...

News  Updated at: 2026/04/01

three core brands, (i) AVATR, (ii) Changan Deepal, and the newer brand, (iii) Changan NEVO, along with promotional offers. A key highlight is the local debut of the Changan NEVO Q05, an intelligent electric SUV that reflects the company’s “Tech CHANGAN, Trusted Choice” direction, emphasizing technology, design, safety, and continued investment in Thailand. Official pricing will be announced at a later date. Changan has invested over THB 10...

News  Updated at: 2026/03/31

Hankook Tire receives 2025 QR Zero Award from Ford Hankook Tire & Technology Co., Ltd. (Hankook Tire) announced that it has earned a 2025 QR Zero Award from Ford Motor Company. The award is given to global partners who have marked zero quality issues during parts delivery and zero warranty claims over the past year. The award-winning Geumsan plant in South Korea supplies original equipment (OE) tires for the Ford F-150 pickup truck. It became the...

News  Updated at: 2026/03/31

South Korea’s Solus Advanced Materials completes development of nickel-plated copper foil Several South Korean media sources reported that Solus Advanced Materials Co., Ltd. has developed nickel-plated copper foil, which is a current collector for sulfide-based all-solid-state batteries. Currently, the company is in the scale-up phase for mass production. This copper foil features the application of ultra-precise nickel plating on copper to sup...

News  Updated at: 2026/03/30

South Korea’s Cosmo Advanced Materials & Technology and Battery Solution jointly develop and commercialize next-generation cathode materials South Korea’s Cosmo Advanced Materials & Technology Co., Ltd. announced that it has signed a strategic partnership agreement with South Korea’s Battery Solution Co. to develop and commercialize next-generation cathode materials. The two companies intend to combine Battery Solution's core technology in ...

News  Updated at: 2026/03/30

ithin the Posco Group, Posco Investment, it launched its first KRW 25 billion (JPY 2.75 billion) corporate venture capital fund (CVC) to invest KRW 8 billion (JPY 880 million) in a domestic specialist in rare earth separation and refining. The target company of this investment possesses proprietary technology in separating and refining heavy rare earths dysprosium (Dy) and terbium (Tb) for permanent magnets for traction motors of electric vehicle...

News  Updated at: 2026/03/30

Posco Future M develops natural graphite anode material using methane gas Posco Future M Co., Ltd. (Posco Future M) of South Korea and Molten of the United States have agreed to jointly develop natural graphite anode materials using methane gas. Through this agreement, Posco Future M will combine its anode material technology with Molten's methane-based graphite production technology to strengthen its anode material supply chain. Molten will prod...

News  Updated at: 2026/03/30

Additionally, countries including Russia, the EU, Canada, and Mexico raised tariffs on Chinese-made Electric Vehicles (EVs) in late 2024 and throughout 2025. Nonetheless, despite such complex and turbulent changes, China’s automotive market still delivered a satisfactory performance in 2025, with production and sales volumes hitting record highs once again, securing China’s position as the world’s largest auto market for the 17th consecutiv...

News  Updated at: 2026/03/30

Honda accelerating development of 3D printer technology Honda Motor Co., Ltd. (Honda) is advancing its development to expand the application range of 3D printers. The company, which is currently utilizing 3D printers for applications such as the production of Formula One racing car parts, intends to expand the application range to products such as mass-produced automotive parts. Honda plans to first establish a track record in high value-added fi...

News  Updated at: 2026/03/30

Stellantis Gliwice plant, Poland completes 12 MW solar farm On March 25, Stellantis Poland announced that it has finished building a 12 MW solar farm at its Gliwice Production and Technology Center. A major part of the project is the largest photovoltaic carport complex in Central and Eastern Europe, with 6 MW capacity, which also protects 1,200+ delivery vehicles from weather such as hail, snow, and strong sunlight. Solar carports for large vehi...

News  Updated at: 2026/03/27

CUPRA unveils eco-friendly 3D-knitted seats made from recycled ocean plastics On March 25, CUPRA unveiled the CUP Bucket seats for the Raval model, which are made using advanced 3D knitting technology. For the first time in the automotive industry, a seat cover is created as one seamless piece using 3D knitting technology. The process produces zero waste and uses recycled, recyclable materials made locally. The entire process is handled by a sing...

News  Updated at: 2026/03/27

Geely Auto launches E5 and Starray EM-i across five European markets On March 27, Geely Auto announced that it had launched its new global energy models, the Geely E5 and Starray EM-i, across five European countries, including Spain, Germany, the Netherlands, Belgium, and Luxembourg. Their expansion into Europe is supported by Geely’s long-term investment in technology, with R&D and design centers in Germany, Sweden, the UK, and Italy, helping ...

News  Updated at: 2026/03/27

and long-term financial targets, which extend until the end of 2030. Canatu has set long-term targets for 2030 of EUR 100–150 million in revenue and a 25–30% EBIT margin.  In Automotive, Canatu will focus on the full-windshield market and ADAS camera heaters through its carbon nanotubes (CNT) technology. Priority applications include ADAS camera heaters, full windshield heaters, and solar cells. The total addressable market by 2030 is about...

News  Updated at: 2026/03/27

Second phase of CATL Xinjin subsidiary breaks ground The Chengdu authorities announced the groundbreaking of the second phase of Chengdu Xinjin Contemporary Amperex Technology Limited (Xinjin CATL). Commissioning is expected in July 2026, upon which the additional annual output value is estimated at CNY 5 billion.Xinjin CATL, a wholly-owned subsidiary of Contemporary Amperex Technology Co., Ltd. (CATL), was registered in Xinjin, Chengdu in Februa...

News  Updated at: 2026/03/27

GAC Commercial Vehicle, Neolix forge strategic partnership in Guangzhou On March 25, GAC Commercial Vehicle signed a strategic cooperation agreement with Neolix Huitong (Beijing) Technology Co., Ltd. (Neolix) in Guangzhou. The two companies will launch strategic cooperation on driverless logistics vehicles. This includes cooperative production of existing Neolix driverless vehicles, joint R&D of and technological collaboration on next-generation ...

News  Updated at: 2026/03/27

JDI negotiates with US semiconductor manufacturer Micron to sell Mobara Fab, selling assets to improve insolvency It was revealed on March 26 that Japan Display Inc. (JDI) is negotiating with U.S. semiconductor manufacturer Micron Technology, Inc. (Micron), to sell its Mobara Fab (Mobara City, Chiba Prefecture), JDI’s main base for LCD panel production. JDI disclosed at its consolidated financial results briefing for the April-December 2025 ter...

News  Updated at: 2026/03/27

a San Jose, California company pioneering Level 4 robocar technologies, playing a crucial role as both a manufacturing and commercialization partner in Tensor's robocar program. Fully developed prototypes have already been tested across multiple regions, and the initiative is progressing toward pre-production and commercialization. VinFast is also exploring partnerships with technology firms and mobility operators to develop robotaxi services. (V...

News  Updated at: 2026/03/27

EnerSys restructures manufacturing in U.S., closes Tijuana, Mexico facility On March 25, EnerSys, a global leader in stored energy solutions for industrial applications, announced it will close its legacy lead-acid battery manufacturing facility in Tijuana, Mexico, and transition the majority of production to its existing proprietary advanced Thin Plate Pure Lead (TPPL) plant in Springfield, Missouri, where it will leverage investments to expand ...

News  Updated at: 2026/03/27

the Board of Directors of Baow Iron and Steel Group stated that Egypt is a distinguished strategic location. It has a great market potential. He expressed the group’s readiness to enhance cooperation with Egypt, align its plans with development priorities, and benefit from its expertise in steel production, technology, and management. Based on social media updates of the Ministry of Industry of Egypt...

News  Updated at: 2026/03/26

BorgWarner opens drivetrain plant in Wuhu BorgWarner opened a drivetrain plant in Wuhu. As one of BorgWarner’s production locations under its New Energy Vehicle (NEV) business strategy for China, the new plant mainly supplies drive motors to Chery. The new plant will leverage BorgWarner’s existing product platform, as well as its relevant technology and manufacturing expertise in hairpin motor R&D, process design, and production line construc...

News  Updated at: 2026/03/26