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Nine BASC member companies to collaborate in EV storage battery production to compete with China and South Korea
oh, and JTEKT, announced that they will collaborate in the production of storage batteries for electric vehicles (EVs). They will set up a new company through a joint investment to develop, design, sell, and support the operation of production equipment and lines. This will allow them to create low-cost, high-efficiency EV battery production systems. The collaboration aims to significantly reduce the lead time from design to production in order t...
News Updated at: 2025/12/24
Zhengzhou Nissan, CHN Energy Henan to deepen cooperation
ces, green transportation, and vehicle procurement with CHN Energy Henan Electric Power Co., Ltd. (CHN Energy Henan) at its Zhongmu plant. Under the agreement, the two companies will deepen cooperation in areas such as distributed photovoltaics, energy storage facility construction, and electricity cost optimization to actively explore a development model integrating “new energy and automobile manufacturing”, so as to boost green plant constr...
News Updated at: 2025/12/22
Oben Electric, India raises INR 850 million pre Series B funding
ily offices, along with existing investors, taking its total funding to INR 2.85 billion. The company plans to use the new capital to expand its national retail footprint, increase brand visibility, and accelerate new product development and launches. The electric motorcycle maker aims to achieve cost‑of‑goods‑sold break‑even by March 2026 and targets EBITDA break‑even by 2027 as it scales its network to 150 exclusive showrooms and se...
News Updated at: 2025/12/18
[JMS 2025 Exclusive Interview] Yorozu's Initiatives to Become Carbon Neutral and Increase Its Customer Base
fitability in the on-going, challenging business environment? A1. We have been dealing with a difficult situation for several years. This includes issues such as CASE, semiconductor shortages, the coronavirus, and the Ukraine war, which either have caused or are still causing raw-material and labor costs to rise. While there is a tendency for prices in some industries such as the food industry to creep up over time, it is difficult for us parts m...
News Updated at: 2025/12/17
Mexican automotive market faces uncertainty for 2026
Mexican automotive market faces uncertainty for 2026 On December 10, it was reported that the automotive sector is entering 2026 under continued cost pressure and cautious investment strategies, according to Deloitte’s latest analysis. Alberto Torrijos, Automotive Sector Lead Partner at Deloitte LatAm, explained that uncertainty surrounding global economic conditions, stricter regulations, and the upcoming review of the USMCA have led manufactu...
News Updated at: 2025/12/11
Nishikawa Rubber to globally reorganize business sites to improve cost competitiveness
Nishikawa Rubber to globally reorganize business sites to improve cost competitiveness Nishikawa Rubber Co., Ltd. (Nishikawa Rubber) will strengthen manufacturing competitiveness at its plants in and outside Japan. In Japan, the company will begin construction of a new plant equipped with labor-saving production facilities in 2030, and also consider reorganization including its existing plants. At its Indonesian plant, it intends to improve profi...
News Updated at: 2025/12/10
Stellantis expanding salaried employee workforce in U.S.
Stellantis expanding salaried employee workforce in U.S. Stellantis has hired hundreds of salaried employees at its North America headquarters in Auburn Hills, Michigan, in recent months as it moves to boost U.S. manufacturing. After years of cost-cutting under former CEO Carlos Tavares’, Stellantis is adding white-collar employees in at the Chrysler Technical Center rather than conducting layoffs or buyouts. “Stellantis has taken decisive ac...
News Updated at: 2025/12/02
Murata Manufacturing to improve automotive interior space by using metal organic frameworks
Murata Manufacturing to improve automotive interior space by using metal organic frameworks Murata Manufacturing Co., Ltd. (Murata Manufacturing) will develop a technology that improves the interior of vehicles by using metal organic frameworks (MOFs). MOFs will be used to absorb harmful or unpleasant components in the air to maintain comfortable interior space. Murata Manufacturing aims to expand sales by proposing added value in terms of air qu...
News Updated at: 2025/12/01
Flex opens new plant at ZalaZONE InnoTech in Zalaegerszeg, Hungary
Flex opens new plant at ZalaZONE InnoTech in Zalaegerszeg, Hungary On November 26, Flex officially inaugurated its new automotive manufacturing facility at ZalaZONE InnoTech in Zalaegerszeg, Hungary. The new site, spanning 10,000 square meters, will produce compute platforms for software-defined vehicles and high-voltage power electronics for next-generation hybrid and electric vehicles. The Prime Minister of Hungary inaugurated Flex Zala Automot...
News Updated at: 2025/11/28
UK vehicle production decreases 30.9% to 62,116 units in October
UK vehicle production as the impact of the earlier cyber attack continued to be felt. Growth is on the horizon, however, and Government has recognised the automotive industry as a pillar of national strategic importance, backing it with an industrial strategy and additional £1.5 billion to drive manufacturing competitiveness. Investment competitiveness also depends on a healthy domestic market, however, notably for EVs, and introducing a new e...
News Updated at: 2025/11/28
Egypt Aluminum updates on car rim manufacturing project
Egypt Aluminum updates on car rim manufacturing project On November 23, Egypt Aluminum, in a stock exchange filing, informed about the latest developments regarding the car rim production project. This initiative supports the company's strategy to diversify its production and develop new products, including car rims. The authorities are presently evaluating further research carried out by leading international car rim manufacturers. These studies...
News Updated at: 2025/11/24
Continental to cease operations at Aldora Mills textile plant in U.S. by 2026
Continental to cease operations at Aldora Mills textile plant in U.S. by 2026 Continental AG (Continental) has decided to discontinue operations at its Aldora Mills textile manufacturing plant in Barnesville, Georgia (U.S.), by the end of 2026. The decision aims to safeguard the company’s profitability, competitiveness, and business performance in the Americas region amid ongoing changes in global market dynamics and supply chains. The plant ha...
News Updated at: 2025/11/20
Pricol, India confirms new orders wins, targets facility growth with INR 6 billion capex
commenced about six months ago and serves new electric vehicles and the top five OEMs, with further growth anticipated due to upcoming government regulations mandating ABS on all new two-wheelers from January 2026. The company is also undertaking backward integration for optical bonding and screen manufacturing with BOE to reduce import dependence and optimize cost. Pricol is developing smart e-cockpits and battery management systems, now in cus...
News Updated at: 2025/11/19
Echion, UK becomes first company to use UKBIC’s flexible pilot line
Echion, UK becomes first company to use UKBIC’s flexible pilot line On November 18, the UK Battery Industrialisation Centre (UKBIC) announced that Echion Technologies, a developer of advanced niobium anodes for Li-ion batteries, has become the first company to use its new Flexible Pilot Line (FPL). The FPL is designed to bridge the gap between laboratory research and full-scale manufacturing, providing organisations with a more cost-effective a...
News Updated at: 2025/11/19
Exide Industries, India nears completion of lithium-ion cell plant
Exide Industries, India nears completion of lithium-ion cell plant On November 14, 2025, Exide Industries Limited (EIL) announced progress on its lithium-ion cell manufacturing facility under Exide Energy Solutions Limited (EESL). It was updated that the equipment installation and construction work at EESL are nearing completion, with nearly all utility systems approaching readiness. The product trials on at least one manufacturing line are set t...
News Updated at: 2025/11/18
[JMS 2025 Exclusive Interview] Koito Manufacturing: "Lighting" that delivers safety and peace of mind
[JMS 2025 Exclusive Interview] Koito Manufacturing: "Lighting" that delivers safety and peace of mind The Japan Mobility Show (JMS) was held from October 29, 2025. During the show, MarkLines conducted exclusive interviews with several companies. This interview was held with Takayuki Katsuda, Senior Managing Director and Head of the Technology Division at Koito Manufacturing Co., Ltd. They exhibited cutting-edge technologies at this exhibition, sp...
News Updated at: 2025/11/17
Cell Impact and thyssenkrupp Automation Engineering partner on flow plates
Cell Impact and thyssenkrupp Automation Engineering partner on flow plates Cell Impact AB and thyssenkrupp Automation Engineering have signed a strategic cooperation agreement to jointly develop and market flow plates and manufacturing processes for fuel cells and electrolyzers. The cooperation builds on a Letter of Intent agreed upon in July 2025 and aims to supply cost-effective and high-quality flow plates to customers worldwide. It is based o...
News Updated at: 2025/11/14
Audi Mexico loses USD 4 million after road blockades
Audi Mexico loses USD 4 million after road blockades On November 10, it was reported that Audi México, based in Puebla, incurred an estimated USD 4 million in losses after halting operations for a day due to road blockades led by farmers across the country. According to the National Chamber of the Manufacturing Industry, Canacintra, the stoppage disrupted the supply of materials required to build the Audi Q5. He noted that each of the plant’s ...
News Updated at: 2025/11/12
Musk talks of mega AI chip fab, potential Intel partnership at Tesla shareholders meeting
fab would be built, but he said that it would make at least 100,000 wafer starts per month. Musk said the chip would be inexpensive, power-efficient and optimized for Tesla's own software, and would probably consume about a third of the power used by Nvidia's Blackwell chip, at 10% of the cost to make. "You know, maybe we'll, we'll do something with Intel," Musk told the crowd. "We haven't signed any deal, but it's probably worth having...
News Updated at: 2025/11/08
Nissan reports H1 FY2025 operating loss of JPY 27.7 billion, announces sale of HQ building
totaled JPY 27.7 billion and net income attributable to owners of parent was loss of JPY 221.9 billion. The operating loss for the period reflects JPY 64.5 billion of foreign exchange effects, JPY 149.7 billion negative impact of tariff, and inflation absorbing JPY 50 billion. On the other hand, manufacturing costs improved by JPY 66.5 billion as the “Re:Nissan” recovery plan delivered cost savings, alongside lower R&D spending and purchas...
News Updated at: 2025/11/07
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