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Cavan Auto closes Series Pre-A financing worth over CNY 1.2 billion
avan Auto successfully closed a Series Pre-A financing. The total proceeds exceed CNY 1.2 billion, with contributions from new shareholders, additional investment from existing shareholders, and support from other capital institutions. The proceeds will be used for R&D, ecosystem establishment, and digitalization, and to supplement the funds required for production and operations. In the coming two years, Cavan Auto will introduce two new platfor...
News Updated at: 2025/07/02
URAL, Russia partners with Rostelecom to drive digital transformation of auto industry
The agreement covers various areas of digital cooperation based on domestic solutions and developments, including the adaptation of the Aurora Auto platform to manage the digital environment of URAL vehicles based on the Russian Aurora operating system. The companies will also jointly engage in the digitalization of production processes, the modernization of automation systems and resource consumption metering, as well as improving energy efficie...
News Updated at: 2025/06/20
Tatra Trucks to invest over CZK 7 billion to boost production at Kopřivnice plant, Czech Republic
over CZK 7 billion in its Kopřivnice plant, with the aim of increasing annual production capacity to 3,000 vehicles, enhancing global competitiveness, and transforming the plant into a modern, sustainable industrial complex. The investment will enable the modernization of production technologies, digitalization of processes, the construction of a new production hall and central logistics warehouse and support the sustainable development of the ...
News Updated at: 2025/06/20
AvtoVAZ, Russia partners with Smart Driving Lab to advance vehicle digitalization for LADA models
AvtoVAZ, Russia partners with Smart Driving Lab to advance vehicle digitalization for LADA models On June 18, AvtoVAZ JSC and Smart Driving Lab signed a memorandum at SPIEF 2025 to strengthen their strategic partnership in the field of vehicle digitalization. The agreement outlines continued collaboration on the development, implementation, and promotion of telematics and digital services for both current and future LADA models. The partnership f...
News Updated at: 2025/06/19
JAC Group, Huawei forge partnership for intelligent vehicles, green transformation
JAC Group, Huawei forge partnership for intelligent vehicles, green transformation On June 17, JAC Group signed a strategic cooperation agreement with Huawei in Hefei. The two companies will launch comprehensive cooperation in areas such as intelligent automotive solutions, corporate digitalization and intelligentization, and corporate green and low-carbon transformation to promote the electrification, intelligentization, and connected developmen...
News Updated at: 2025/06/19
RWTH Aachen University, Germany expands battery research with advanced analytics lab
ab” – a pilot battery cell production line that includes every step from electrode creation to final assembly. New analytical tools will be installed, both inside the production line and after production for quality checks. The facility already collects large amounts of data, which will support digitalization efforts. Small and medium-sized companies (SMEs) without their own resources will also benefit from the project’s findings. A separat...
News Updated at: 2025/06/18
Antolin partners with Schneider Electric on decarbonization plan
) and by up to 35% across its entire product value chain (Scope 3) by 2034. These science-based targets will be validated by the Science Based Targets initiative (SBTi). The partnership focuses on three key areas: (i) boosting energy efficiency through initiatives like Smart Energy, which leverages digitalization and AI to optimize energy consumption of production sites, (ii) accelerating the adoption of renewable energy via Power Purchase Agreem...
News Updated at: 2025/06/06
EIB grants EUR 30 million loan to Teknia, Spain for automotive innovation and green manufacturing
technologies in manufacturing for the automotive sector. The investment will support facilities in Spain, Poland, Romania, Germany, Sweden, and Czechia, focusing on advanced manufacturing, product expansion, and lowering carbon dioxide emissions. Teknia aims to increase its production capacity and digitalization, key parts of its current strategy. About 51% of the investment will go to EU cohesion regions, supporting balanced regional developmen...
News Updated at: 2025/05/30
GAC Group deepens cooperation on intelligentization with Alibaba Cloud, Huawei
V2X (Vehicle to Everything) system, and establishment of a global supply chain management platform and a global payment system. They will jointly explore the use of “AI+” technology to accelerate the implementation of operations outside of China. GAC Group also forged a partnership for in-depth digitalization with Huawei. To date, they have taken the lead in applying innovative AI technologies, such as automatic generation of test cases, inte...
News Updated at: 2025/05/30
DFMC to comprehensively deepen strategic cooperation with Huawei
DFMC to comprehensively deepen strategic cooperation with Huawei On May 23, Dongfeng Motor Corporation (DFMC) signed an agreement on comprehensively deepening strategic cooperation with Huawei in Wuhan. The two companies will launch comprehensive and in-depth cooperation in areas such as vehicle intelligentization, corporate digitalization and intelligentization, and ecosystem co-creation. The two companies will conduct in-depth cooperation in ke...
News Updated at: 2025/05/28
BMW launches AI-powered tools to streamline global purchasing operations
BMW launches AI-powered tools to streamline global purchasing operations On May 19, BMW announced that it is increasing digitalization in its Purchasing and Supplier Network using generative AI. To make operations more efficient and future-ready, BMW is speeding up its digital transformation with help from its IT hub in Romania. The hub is becoming a key center for AI expertise, with a growing team developing advanced GenAI tools to improve inter...
News Updated at: 2025/05/19
BMW increases production efficiency with AI and Automation at Landshut plant
BMW increases production efficiency with AI and Automation at Landshut plant On May 16, BMW announced that it is increasing digitalization at its Landshut plant. Advanced technologies such as AI, smart logistics, and data-driven quality checks make it a key innovation hub. AI-supported data analysis helps detect cyber threats early, while digital process controls and connected systems improve productivity and quality. The “Shopfloor.Digital” ...
News Updated at: 2025/05/16
EU to support automotive industry through Horizon Europe program
mation of the European automotive industry through research and innovation by focusing on benefits such as cleaner and more competitive transport solutions. It supports the development of next-generation battery electric vehicles, advanced manufacturing techniques for automotive components, vehicle digitalization, cybersecurity, and circular economy practices. Additionally, it promotes the creation of smart, resilient mobility systems. Based on E...
News Updated at: 2025/05/16
MHP partners with Cybus, Germany to increase Industry 4.0 digitalization and smart manufacturing
MHP partners with Cybus, Germany to increase Industry 4.0 digitalization and smart manufacturing On April 24, MHP, a Porsche subsidiary, announced a long-term partnership with Cybus, a software company from Hamburg specializing in Industry 4.0 solutions. Cybus GmbH is known for providing data integration and DataOps solutions, which help industrial companies collect and process plant data for better process optimization. Their on-premises solutio...
News Updated at: 2025/04/28
Mitsubishi Motors to launch new car models to sell 180,000 units in Japan in FY 2030
oduce new mini vehicles and other models including the RVR and Pajero, and strengthen its new vehicle sales office in urban areas, and private traders in mountainous areas. To solve worker shortages, Mitsubishi Motors intends to strengthen staff recruitment and improve productivity by investing in digitalization. The company plans to achieve steady profits in the Japanese market by utilizing its strong brand power of electrified vehicles and SUV...
News Updated at: 2025/04/16
AUTONOMY NOW, Poland developing ADAS systems for city buses
". The project is co-financed by the European Union under the European Funds for Modern Economy program, Priority 1 Support for Entrepreneurs, Action 1 SMART Path. The project involves implementing activities within four modules (R&D module, Implementation module, Internationalization module, and Digitalization module). It will implement an innovative second-generation ADAS system dedicated to city buses, developed based on R&D work carried out...
News Updated at: 2025/04/08
BASF Coatings, Li Auto to jointly promote innovation of coatings
es will jointly explore new low-carbon-emission material technologies. They will establish a joint innovation platform for the development of new materials and processes to improve product performance and deliver more competitive coating solutions encompassing e-coat, basecoat, clearcoat, and more. Digitalization is another highlight of this partnership. Through sustained and in-depth cooperation on digital solutions, the two companies aim to fac...
News Updated at: 2025/04/08
Astana Motors and Kazakh National University partner on Industry 5.0 and digital twins
Astana Motors and Kazakh National University partner on Industry 5.0 and digital twins On April 2, Astana Motors Manufacturing Kazakhstan, a subsidiary of Astana Motors, and Al-Farabi Kazakh National University signed a memorandum of cooperation. Both parties will conduct R&D in automation, robotics, digitalization, and AI for production, technological, and business processes in the automotive, mechanical engineering, and other industrial sectors...
News Updated at: 2025/04/04
VW Group partners with FORVIA Hella to advance digitalization and quality assurance with Catena-X
VW Group partners with FORVIA Hella to advance digitalization and quality assurance with Catena-X On March 31, Volkswagen Group Info Services AG announced its partnership with FORVIA Hella to enhance digitalization and quality assurance in the automotive industry. The collaboration is powered by Catena-X, enabling seamless networking across the entire value chain. Catena-X offers standardized data exchange, improving transparency and efficiency. ...
News Updated at: 2025/04/02
DETC forges strategic partnership with PKU-WHAI, Goocidata
three parties will leverage DETC’s advantages of application scenarios and industrial resources in automobile manufacturing, the PKU-WHAI’s AI research achievements, expert teams, and entrepreneurial alumni resources, and Goocidata’s technology advantages in industrial Internet platforms and digitalization to establish mechanisms for cooperation and docking. Focusing on the obstacles and difficulties in automobile manufacturing, they will ...
News Updated at: 2025/03/31