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Suprajit Engineering, India finalizes global restructuring of controls division
be completed by December 2025, will cost approximately EUR 1.1 million and is expected to save EUR 850 thousand annually. These moves follow the integration of recently acquired SCS entities and are aligned with budgeted plans. The company expects the impact of these measures to be reflected in the Q4 performance of the current financial year. Based on the Suprajit Engineering Limited press release...
News Updated at: 2025/07/16
XPeng AeroHT closes Series B financing worth USD 250 million
company’s flying cars. XPeng AeroHT is sparing no effort to accelerate the mass production of the Land Aircraft Carrier modular flying car. The world’s first XPeng AeroHT flying car mass production plant was topped out and is in the process of equipment debugging, with completion scheduled for Q4 2025. For the Land Aircraft Carrier, mass production and deliveries are slated for 2026. From an XPeng press release...
News Updated at: 2025/07/16
Quebec relaxes ZEV mandate, cites ‘new market realities’
30 and 100% in 2035. The regulations grants BEVs a full credit and plug-in hybrids (PHEVs) with electric range of more than 80 km a half credit. OEMs that fall short of the targets can buy credits from other automakers. ZEV adoption in Quebec reached a high of nearly 40% of vehicle registrations in Q4, 2024, but fell to 13.2% in Q1 2025, according to Statistics Canada, driven by changes to the province’s Roulez Vert ZEV incentive program and en...
News Updated at: 2025/07/09
Q5D, UK to expand technical assessment centre for wiring automation
uses a 5-axis manufacturing robot, is particularly in demand in the automotive and aerospace industries. Three additional robots are being installed, including one with a build volume of 2.5 m x 1.5 m x 0.15 m for large automotive assemblies. The increased capacity is expected to be operational in Q4, 2025. Q5D’s 5-axis manufacturing robots automate the process by embedding wiring directly into a product’s structure, producing parts on deman...
News Updated at: 2025/07/08
Momenta, Qualcomm to co-develop ADAS solutions
veral OEMs. A Snapdragon 8650 chip-powered urban ADAS solution is expected to reach mass production in Q3. A Snapdragon 8775 chip-powered cockpit-driving integration solution has been designated by some companies and is scheduled to be available with feature such as MNP (Memory Navigation Pilot) in Q4. Concurrently, Momenta will develop a Snapdragon 8797 chip-powered next-generation solution with twelvefold NPU performance compared with its prede...
News Updated at: 2025/07/08
Foxtron’s Model B electric SUV approved for sale, with launch expected in Q4
Foxtron’s Model B electric SUV approved for sale, with launch expected in Q4 On June 25, Foxtron Vehicle Technologies Co., Ltd. (Foxtron), a joint venture between Foxconn and Yulon Group, held a Q1 2025 explanation session to announce that its Model B battery electric SUV has been approved for sale by the government, with launch expected in Q4. The Model B is a B-class battery electric model designed by Pininfarina, a renowned Italian design co...
News Updated at: 2025/07/02
EQT to sell Pioneer Corporation to CarUX, subsidiary of Innolux Corporation, Taiwan
nce, addressing the evolving needs of global automotive and customer markets. Innolux, will create strong synergies with Pioneer’s existing capabilities to continue its global expansion trajectory. The transaction is subject to customary conditions and approvals and is expected to be completed in Q4 2025. Since acquiring Pioneer in 2019, EQT has led a comprehensive transformation to regain financial strength and position the business for long-t...
News Updated at: 2025/06/26
TMT Motors Vietnam introduces locally-made Nano S05 2-seat EV; set for Q4 launch
TMT Motors Vietnam introduces locally-made Nano S05 2-seat EV; set for Q4 launch On June 19, 2025, TMT Motors introduced the Nano S05, a locally produced, European-standard micro electric car designed for urban mobility, targeting young people, families, and individual users. Expected to cost slightly more than high-end scooters, the Nano S05 is set to launch in Q4 2025 and will be available through authorized showrooms and online platforms. With...
News Updated at: 2025/06/23
Continental to sell drum brakes production and R&D site in Cairo Montenotte, Italy, to Mutares
Continental to sell drum brakes production and R&D site in Cairo Montenotte, Italy, to Mutares Continental AG’s Automotive group sector has signed an agreement to sell its drum brakes production and R&D site in Cairo Montenotte, Italy, to Mutares SE & Co. KGaA (Mutares). The transaction is expected to close in Q4/2025 after the listing of the Automotive group sector as independent company, Aumovio, in September 2025. The site, which specializes...
News Updated at: 2025/06/19
Hexagon Purus, Norway signs new agreement for zero-emission technology with Hino Trucks in U.S.
logy, including battery systems, auxiliary modules, and power modules. The truck is intended to carry the Hino brand and be made available for general sale through Hino’s extensive network of authorized dealers from 2026. An initial series of prototype vehicles will be produced and delivered in Q4 2025. The class 6 & 7 straight trucks will be using the same base technology and components as the Tern RC8 tractor. Based on Hexagon Purus press...
News Updated at: 2025/06/17
Allison to acquire Dana’s Off-Highway business for USD 2.7 billion
ately USD 2.7 billion. The acquisition, now approved by both companies' Boards of Directors, aligns with Allison's strategic priorities to expand its emerging markets footprint, enhance core technologies and deliver strong financial results. Upon completion of the transaction, expected to be in Q4 2025, Allison will be able to offer a wider range of commercial-duty powertrain and industrial solutions to more customers and end users worldwide....
News Updated at: 2025/06/13
VinFast’s Q1 2025 earnings highlight accelerated global expansion and cost optimization
y being a low season. Additionally, VinFast delivered 44,904 e-scooters, marking a 473% YoY rise. Revenue for Q1 2025 reached VND 16,306.4 billion (around USD 656.5 million), up 149.9% YoY. Gross profit margin improved substantially to -35.2%, a significant gain from -58.7% in Q1 2024 and -79.1% in Q4 2024, reflecting better cost control and operational efficiency. The company recorded a gross loss of VND 5,736.5 billion (USD 231.0 million) and a...
News Updated at: 2025/06/11
Suzuki Thailand plans to launch Indonesia-made Fronx and India-made e Vitara in 2025
Suzuki Thailand plans to launch Indonesia-made Fronx and India-made e Vitara in 2025 Reported on June 6, 2025, Suzuki Motor (Thailand) has confirmed plans to import the Suzuki e Vitara, the brand’s first fully electric SUV, manufactured in India, and set to launch in Thailand in Q4 2025. Maruti Suzuki’s Gujarat plant is positioned as a key export hub for markets including ASEAN, Europe, and Japan. Based on the eVX concept showcased at the 20...
News Updated at: 2025/06/11
Uno Minda breaks ground for new two-wheeler lighting mega plant at IMT Kharkhoda, India
ground for a new two-wheeler lighting mega plant at IMT Kharkhoda. In May 2025, Uno Minda announced the consolidation and shifting of two-wheeler lighting manufacturing plants located at Bahadurgarh and Sonipat to a new location at Kharkhoda, Haryana. It is expected to commence its operations from Q4, 2026-27 (ending March 31, 2027). Based on social media updates of CEO of Uno Minda...
News Updated at: 2025/06/10
Bajaj Auto, India to introduce electric three-wheeler in July 2025
icles have completed 10,000 kilometers of extensive testing, confirming high build quality and best-in-class performance. The new e-rick, to be launched under a fresh brand, aims to tap into the 40,000-unit segment. It will introduce a lithium-ion model. Based on Bajaj Auto investor conference call Q4, FY 2024-25 ...
News Updated at: 2025/06/09
Sinomach Auto to launch OTING RICH 7 and OTING Z9 in Russia in Q4, 2025
Sinomach Auto to launch OTING RICH 7 and OTING Z9 in Russia in Q4, 2025 On June 6, Sinomach Auto announced the completion of laboratory tests and the entry into the final stage of certification of two pickup models - OTING Z9 and OTING RICH 7. The Russian laboratory certified by Rosstandart will continue the procedure for obtaining OTTS. The arrival of the flagship models in Russia is expected in Q4 2025. The OTING Z9 pickup truck is developed ...
News Updated at: 2025/06/09
Bajaj Auto, India raises concern for EV production due to rare earth magnets from China
short-term solution, as it would require significant development, testing, validation, and integration efforts. A formal process for end-use declarations is in place, but Bajaj Auto noted that final approvals from authorities in China are still pending. Based on Bajaj Auto investor conference call Q4, FY 2024-25 ...
News Updated at: 2025/06/06
RACL Geartech, India updates about progress of new business
the supply of drivetrain parts for an electric sports car, over 100 sets have been dispatched to the customer under Phase 1. These parts are currently undergoing validation at the customer site. The mass production is planned to commence in August 2026. Based on RACL Geartech investor presentation Q4, FY 2024-25 ...
News Updated at: 2025/06/06
Hero MotoCorp, India to introduce new electric two-wheelers
o MotoCorp plans to introduce two new affordable electric vehicle (EV) models in the first half of FY 2025-26 (ending March 31, 2026). These launches are expected to strengthen the product portfolio and further increase market share in the EV segment. Based on Hero MotoCorp investor conference call Q4, FY 2024-25...
News Updated at: 2025/06/05
Rane Group, India updates about new business wins
ZF Rane Automotive India Private Limited won orders worth INR 140 million for steering products from various domestic customers (incl. INR 10 million for EVs). It also won orders worth INR 1.57 billion from domestic passenger vehicle customers for airbags. Based on Rane Group investor presentation Q4, FY 2024-25...
News Updated at: 2025/06/05