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EQT to sell Pioneer Corporation to CarUX, subsidiary of Innolux Corporation, Taiwan
ls 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-term growth. For the fiscal year ending March 2025, the Company delivered double digit EBITDA margins and strong free cash flow. EQT is a purpose-driven global investment organization. Based on EQT press release ...
News Updated at: 2025/06/26
Valeo Smart Safety 360 selected by European premium automaker for Level 2 driving and parking system
l 2+ functions. Developed and manufactured entirely by Valeo, the system includes radars, cameras, and ultrasonic sensors enhanced by state-of-the-art computer vision technology. The company will incorporate radar fusion into its smart front camera, while an additional Parking ECU will enable hands-free parking functions, control up to four surround-view cameras, and manage 12 ultrasonic sensors. (From a press release dated June 25, 2025)...
News Updated at: 2025/06/26
EU passenger car sales up 1.9% in May 2025
EU passenger car sales up 1.9% in May 2025 On June 25, the European Automobile Manufacturers Association (ACEA) announced new passenger car registrations for May 2025. Passenger car sales in the European Union (EU), European Free Trade Association (EFTA), and the United Kingdom (UK) increased 1.9% year-on-year to 1,113,194 units in May, while year-to-date sales increased 0.1% to 5,572,458 units. May sales in the EU increased 1.6% to 926,582 un...
News Updated at: 2025/06/26
DFMC Voyah starts accepting pre-orders for Free+ SUV
DFMC Voyah starts accepting pre-orders for Free+ SUV On June 24, Voyah, a Dongfeng Motor Corporation (DFMC) sub-brand, started accepting pre-orders for the Free+ SUV, with a starting price of CNY 229,900. Adopting an exterior design based on urban light and shadow aesthetics, the Free+ offers six exterior and three interior color options. It measures 4,915mm long, 1,960mm wide, and 1,660mm high. The Free+ is equipped with a dual-motor (one in the...
News Updated at: 2025/06/26
IVECO BUS receives order for 100 new articulated electric buses in Belgium
rator De Lijn confirmed an order for 100 new articulated electric buses. The acquisition is part of a 2023 framework agreement and adds to the 141 E-WAY 18-meter units currently being delivered. The new vehicles will begin arriving in the last quarter of 2026. De Lijn aims to achieve fully emission-free public transport across Flanders by 2035. The new e-buses will include USB charging ports, electric ramps for accessibility, enhanced climate con...
News Updated at: 2025/06/26
LG Energy Solution to ramp ESS batteries in expanded Holland, Michigan plant
and can finish 30% of the packing of cells in Holland, the company said. By August, LGES plans to supplement cell packing at a retrofitted plant in Madison, Illinois. Once fully operational, the company plans to produce close to three times as many energy storage batteries as EV batteries. (Detroit Free Press article on June 25, 2025)...
News Updated at: 2025/06/26
JOYNEXT, China showcases smart vehicle tech at 2025 Automotive Electronics Congress, Germany
AVP) and navigation on autopilot (NOA), and enables cloud connectivity and over-the-air (OTA) updates. nSensor: which uses ultra-wideband (UWB) to monitor vital signs such as breathing and heartbeat inside the vehicle—helping detect children left behind. It can also sense foot movements for hands-free tailgate opening. nAccess: for secure, keyless access, the “nAccess” system combines UWB, BLE, and NFC. It meets global standards (CCC, ICCE)...
News Updated at: 2025/06/24
Ford recalls 304,662 Ford Explorers, Lincoln Navigators over seat latching issue
said button. The bezel is manufactured by Engineered Plastic Components of Bellevue, Ohio. Owner notification letters notifying owners of the safety risk are expected to be mailed June 23, 2025. Dealers will inspect the second-row seat switch, and replace the bezel around the switch as necessary, free of charge. (NHTSA document on June 17, 2025) (NHTSA document on June 13, 2025) ...
News Updated at: 2025/06/24
Ebro, Spain announces EUR 100 million investment in Zona Franca plant
Ebro, Spain announces EUR 100 million investment in Zona Franca plant On June 19, multiple sources reported that Ebro, the Spanish carmaker, announced that it will invest EUR 100 million to expand its presence at the former Nissan factory in the Zona Franca (Free Trade Zone) to achieve a production of 150,000 additional cars per year. The announcement was made at the International Logistics Fair (SIL) 2025, which is being held at the Fira de Barc...
News Updated at: 2025/06/23
Ford recalls 316,911 Mach-Es worldwide warning occupants could be locked out
g a lockout during this time period. Additionally, front doors will unlock when inside release handles are used to open them during this time period, and will remain unlocked until they are intentionally locked by the customer. (NHTSA report on June 18, 2025) (NHTSA report on June 13, 2025)(Detroit Free Press article on June 18, 2025) ...
News Updated at: 2025/06/21
NRB Bearings, India updates about its next-gen components for EV and transmission systems
ents include a lightweight cylindrical roller bearing (CRB) with special heat treatment for balancer shaft applications, and shafts for planetary gearbox transmissions. NRB has also introduced universal joint bearings for steering columns, delta flex bearings for steering systems, and a maintenance-free kingpin bearing. Further product advancements feature a needle thrust cage with a spherical washer for transmission systems, a unitized thrust be...
News Updated at: 2025/06/20
Honda recalls 259,033 vehicles in U.S. over faulty brake pedal
detected. The new facility in Mexico is using a camera sensor to verify that brake pedal components are installed correctly. Owners of impacted vehicles will be notified by letters mailed out on July 28 to bring their vehicles to a dealership where brake pedal assemblies will be inspected and fixed free of charge, if necessary. (NHTSA document posted June 17, 2025) (NHTSA document posted June 12, 2025)...
News Updated at: 2025/06/19
Volvo Cars launches Abbey Road Studios Mode in EX90 models
Volvo Cars launches Abbey Road Studios Mode in EX90 models On June 17, Volvo Cars announced it officially launched Abbey Road Studios Mode, a new in-car audio experience developed in collaboration with Bowers & Wilkins and Abbey Road Studios, available in all Volvo EX90 models equipped with the optional Bowers & Wilkins High Fidelity Audio system and will be delivered free of charge via an over-the-air (OTA) update in the coming weeks. The mode r...
News Updated at: 2025/06/18
Envalior Germany to present innovation for mobility at K 2025
iners combined with high-strength UDea thermoplastic composite tapes. It will display e-powertrain components made with Xytron PPS, such as invertor/convertor busbars and terminal blocks, as well as inverter mounting frames for mild hybrid vehicles, constructed using Pocan PBT. It will present PFAS-free Stanyl PA46 grade for wear and friction applications in gears (including xEV) and a thermoplastic composite tape solution for lightweight EV moto...
News Updated at: 2025/06/17
Ford Oakville plant retooling for Super Duty continues amid tariff risks
It is estimated that Ford sells about 20,000 Super Duty pickups annually in Canada, meaning the rest of the plant’s output needs to be exported. Goodman said she was optimistic that policymakers in both countries will come to a resolution on the tariffs. “I’m confident we’ll get back to” free trade in North America, she said. “It’s going to take some pain, but I’m confident that we’ll get back to it. (multiple sources on June 1...
News Updated at: 2025/06/14
Tesla plans to expand Japan virtual power plant business nationwide
Tesla plans to expand Japan virtual power plant business nationwide Tesla plans to expand its virtual power plant business in Japan nationwide by providing free storage batteries to companies and remotely managing them to help balance energy supply and demand, according to local sources In 2021, Tesla started a virtual power plant (VPP) in Miyakojima city, Okinawa prefecture. It will expand its business in collaboration with leasing company Fuyo ...
News Updated at: 2025/06/14
VinFast delivers 11,496 EVs in Vietnam in May 2025
lowed by the VF 5 (18,752) and VF 6 (7,307), reinforcing VinFast’s position as the EV market leader in Vietnam.VinFast attributed the strong performance to promotional campaigns such as "Brilliant Summer" and the third "Fierce Vietnamese Spirit – For a Green Future," which offers a 4% discount, free charging at V-Green stations through June 2027, and other incentives. The early deposit campaign for the upcoming EC Van also generated strong in...
News Updated at: 2025/06/13
Stellantis’ Free2move partners with Ample to launch fast battery-swapping EVs in Madrid
Stellantis’ Free2move partners with Ample to launch fast battery-swapping EVs in Madrid On June 12, Stellantis’ Free2move collaborated with Ample to bring battery-swapping technology to Madrid’s car-sharing market. The partnership aims to make EV use easier and promote sustainable city travel. Free2move will launch a fleet of Fiat 500e cars fitted with Ample’s swappable battery packs. These batteries can be fully exchanged in under 5 minu...
News Updated at: 2025/06/12
Pony.ai launches public road testing of 7th-gen Robotaxis in Guangzhou, Shenzhen
ghs, namely, 100% adoption of automotive-grade components, 70% lower autonomous driving kit costs than its predecessor, and platform design-based rapid adaptability to various models. It is equipped with six types of mass-produced sensors and an automotive-grade chip to unlock 360-degree blind-spot-free redundant perception of the surroundings and Level 4 all-scenario unmanned driving features. Moreover, the system constitutes a multi-redundancy ...
News Updated at: 2025/06/12
HARMAN debuts display powered by Samsung Neo QLED in Tata Harrier.ev
ls into the vehicle with enhanced brightness, intelligent algorithms, and sleek design. The new 14.53-inch floating Neo QLED display in the Harrier.ev is engineered to deliver home-theatre-level brilliance under all lighting conditions. Key innovations include: • Industry-first, cadmium-free Quantum Dot display with intelligent Blue Mini-LED control delivers unmatched sustainability, energy efficiency, and high-performance visuals—w...
News Updated at: 2025/06/12