ds. The company plans to add a new assembly plant in Cheb in Czech Republic. Truck cabs will be painted and prepared in Wörth and then sent to Cheb for assembly. If approvals are granted, construction is expected to start next year, and production under the new network plan should begin toward the end of the decade. The new Cheb plant will take over part of the production currently handled by Wörth and Aksaray plants, Türkiye. Daimler Truck pl...

News  Updated at: 2026/04/01

ne Avenue, Lahore, for a company-owned showroom, after-sales service, and offices.  Separately, the company has completed its existing four-wheeler expansion plan at a revised cost of PKR 6.5 billion and is set to roll out its first CKD unit of the Tank 500 Hi4-T 4x4 2.0L Turbo PHEV and HEV by the end of March 2026 on a trial basis. Based on Sazgar Engineering Works stock exchange notification...

News  Updated at: 2026/03/31

d, producing fully integrated 3-in-1 e-Axles combining the motor, inverter, and reducer for Mahindra's Born Electric vehicle platform. The line features automated U-Pin/Hairpin winding stator assembly, reducer assembly, inverter manufacturing, and final e-Axle assembly, with full digitalization and end-to-end traceability. The e-Axle is developed and manufactured locally in India, supporting deeper localization of advanced EV powertrain technolo...

News  Updated at: 2026/03/31

Verkor to start mass production in Gigafactory in coming months On March 30, Verkor announced that it is entering the final stretch of its battery production industrialization following the official inauguration of its Dunkirk Gigafactory at the end of 2025. The commissioning and line balancing phases have been completed in record time. The production lines are now fully operational, stabilized, and producing continuously. In a few months, mass p...

News  Updated at: 2026/03/31

duction shifts at its plant in Zarate to meet sustained demand for the Toyota Hilux. The facility currently operates three shifts from Monday to Friday, producing models such as the Hilux, SW4, and Hiace, most of which are exported. The proposed plan would introduce additional shifts on Saturdays, pending negotiations with the SMATA union, and could extend through the remainder of the year. According to company executives, the plant is to increas...

News  Updated at: 2026/03/31

Y 63.441 billion in R&D projects such as Blade Battery 2.0, FLASH Charging, Blade Battery safety protection technology, and the Haohan battery energy storage system, up 17.1% y/y; and achieved a net profit attributable to the parent company of approximately CNY 32.619 billion, down 19.0% y/y. As of end-2025, BYD had a total asset value of approximately CNY 883.730 billion, up 12.8% y/y; an inventory value of approximately CNY 138.421 billion, up ...

News  Updated at: 2026/03/31

METI unveils policy for establishing supply chain security evaluation system, aiming for system launch by end of FY2026 The Ministry of Economy, Trade and Industry (METI) and the Cabinet Secretariat's National Cybersecurity Office of Japan have announced a policy to evaluate the status of efforts to strengthen security across the supply chain. It assumes that, in a transaction agreement between two firms, the ordering side will present the approp...

News  Updated at: 2026/03/31

collaborate in areas such as production of green methanol, establishment of a methanol refueling system, promotion of methanol EVs, and intelligent energy storage. To date, Geely Farizon has put over 60,000 methanol vehicles into operation and deployed over 1,000 methanol refueling stations. By the end of 2027, the number will reach 4,000 stations. By continuously deepening cooperation on the methanol refueling system, the two companies will boos...

News  Updated at: 2026/03/31

l investments in the plant to BRL 8 billion. The first model assembled is the Changan Uni-T, with plans to expand production to at least two additional SUVs, including the Changan CS75 and Changan CS55. The move follows the termination of a prior agreement between Caoa and Hyundai, which led to the end of production of models such as the Tucson and HR at the site. This shift allowed Caoa to formalize its partnership with Changan, as part of a bro...

News  Updated at: 2026/03/30

till exceeded 6.6 million units and achieved a YoY growth rate of 21%. Among them, PVs accounted for 6.0 million units with a 21.9% YoY increase, while LCVs totaled 660k units, marking a 15.5% YoY expansion. Although the Chinese market achieved steady growth in 2025, the landscape has undergone tremendous changes, and the government is continuously refining relevant regulations and policy guidance to keep pace with the market’s rapid developmen...

News  Updated at: 2026/03/30

n annual capacity of 150,000 units. The company, backed by TVS Motors, Qualcomm Ventures, TDK Ventures, and Zoho, among others, makes performance electric motorcycles, i.e., the F77 and X-47 Crossover, and currently operates over 40 experience centres nationally, with a target of 100 cities by the end of 2026. Ultraviolette also exports to 12 European countries and plans to expand further across Asia and Latin America. Based on Ultraviolette Aut...

News  Updated at: 2026/03/27

tozero launches first industrial battery recycling plant in Germany On March 27, tozero, Europe’s leading battery recycling startup, announced the launch of its first industrial demonstration plant in Germany. The plant, located in Bavaria at Chemical Park Gendorf, can process over 1,500 tonnes of battery waste each year. The plant can process end-of-life batteries and recover materials like lithium, graphite, and a nickel-cobalt mix at in lar...

News  Updated at: 2026/03/27

Ford Pro launches new Transit City electric van in Europe On March 26, Ford Pro announced that it is introducing the new Transit City, a cost-effective van designed for urban delivery and service use, in Europe. It will be launched as a panel van with multiple wheelbase and height options, along with a chassis cab variant by the end of 2026. The vehicle will be offered in three body styles. The L1H1 panel van is suited for city use, while the lar...

News  Updated at: 2026/03/27

Canatu, Finland, announces updated strategy and long-term financial targets On March 26, Canatu Plc’s Board of Directors approved its updated strategy 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...

News  Updated at: 2026/03/27

ns with several candidates regarding the sale of assets, including the site of its former factory. Regarding the talks with Micron, a JDI spokesman said he could not comment. JDI is advancing a reorganization of its domestic production structure as part of efforts to rebuild its business. As of the end of December 2025, JDI’s insolvency amount is JPY 6 billion. If insolvency continues, the company will not be able to meet the Continued Listing ...

News  Updated at: 2026/03/27

The current annual requirement for these magnets is about 4,000 tonnes and is projected to reach nearly 8,000 tonnes by 2030, with a pilot neodymium‑iron‑boron magnet project underway and phased expansion at Visakhapatnam set to lift output first to 2,000 tonnes and then to 5,000 tonnes by the end of the decade. The government told Parliament that preliminary lithium surveys have begun in Degana, Rajasthan, with further exploration planned t...

News  Updated at: 2026/03/26

reduce the overall carbon footprint at its greenfield EV plant in Chhatrapati Sambhaji Nagar, Maharashtra. The tie-up includes establishing an integrated PLM ecosystem across design, engineering, and validation, with virtual twins used for products and processes to enable faster development cycles, end-to-end digital continuity, and full traceability. Based on JSW Motors' press release...

News  Updated at: 2026/03/26

has developed and tested methods to improve vehicle recycling and material recovery. The knowledge gained about how parts and materials can be recycled is already used in BMW’s product design and development. These learnings also support BMW’s partnership with PreZero, which aims to strengthen end-of-life vehicle recycling and the circular economy. The RDC’s work also helps the global recycling industry. Around 3,000 companies in 32 countr...

News  Updated at: 2026/03/26

ials such as polypropylene, copper, aluminium, and platinum group metals. The platform will now also collect EV traction batteries, which contain important metals such as lithium, cobalt, and nickel.  AutoLOOP will act as a single system to manage the recycling of both materials and batteries from end-of-life vehicles (ELVs). ELV centres first deregister, secure, and clean the vehicles by removing batteries, fluids, heavy metals, refrigerant gas...

News  Updated at: 2026/03/26

Thailand e-mobility registrations reach 5,744 units in February 2026, down 22.1% YoY Announced on March 24, 2026, the Federation of Thai Industries (FTI), citing data from the Department of Land Transport, reported that registrations of all types of 100% electric mobility reached 5,744 units in February 2026, down 22.1% YoY. Due to the end of EV 3.0 scheme, the number of newly registered electric mobility declined. Registrations of electric vehi...

News  Updated at: 2026/03/26