e Collaboration Agreement scope with TDK Corporation. These developments further validate the performance potential and commercial readiness of Gelion’s cathode technology. Gelion is seeking to replace the strategic minerals in current Lithium-ion battery cathodes with Gelion’s NES that are low-cost and can be dropped into existing global manufacturing lines. Gelion’s NES is made from sulfur.  TDK has fabricated two-layer lithium-metal pou...

News  Updated at: 2026/04/02

rts, Minato Ward, Tokyo), a manufacturer of wire harnesses and related parts, had violated the "Act Against Delay in Payment of Subcontract Proceeds, etc. to Subcontractors" (currently revised to “Act Against Delay in Payment of Fees, etc. to Small and Medium-sized Entrusted Business Operators in Manufacturing and Other Specified Fields”) and that it has urged the company to pay expenses and prevent recurrence. Yazaki Parts had required 131 s...

News  Updated at: 2026/03/31

hich is currently utilizing 3D printers for applications such as the production of Formula One racing car parts, intends to expand the application range to products such as mass-produced automotive parts. Honda plans to first establish a track record in high value-added fields then gradually reduce costs while applying it to mass production parts. The automaker is pursuing the development of a 3D printer technology called “metal additive manufa...

News  Updated at: 2026/03/30

EnerSys restructures manufacturing in U.S., closes Tijuana, Mexico facility On March 25, EnerSys, a global leader in stored energy solutions for industrial applications, announced it will close its legacy lead-acid battery manufacturing facility in Tijuana, Mexico, and transition the majority of production to its existing proprietary advanced Thin Plate Pure Lead (TPPL) plant in Springfield, Missouri, where it will leverage investments to expand ...

News  Updated at: 2026/03/27

gh, the economic drag elsewhere would be the greater concern. Higher energy prices for longer, coupled with a hit to consumer confidence via negative wealth effects as asset prices plunge, and a general drag on economic growth, would hit vehicle sales. Higher oil and gas prices would also raise the cost of manufacturing. This impact would certainly drag on major markets like the US, Europe and Japan. Europe, a region that remains in the LV doldr...

News  Updated at: 2026/03/26

—making Fremont a logical site for experimentation. While the decision may appear abrupt, it is broadly consistent with Tesla’s long-standing strategy of pursuing disruptive technologies. Several other automakers and technology firms are also exploring humanoid robots, though few have committed manufacturing resources to the same scale as Tesla. Optimus development and viability The Optimus robot runs on the same AI and computer vision system...

News  Updated at: 2026/03/23

th Plug-in Hybrid Electric Vehicles (PHEVs) being instrumental in Chinese import growth. It is also no coincidence that 87% of Chinese-built models sold in Europe in 2025 fell into the Economy segment. After years of portfolio consolidation, European automakers have increasingly moved away from low-cost domestic offerings toward higher-margin vehicle segments, leaving a gap that Chinese imports are well positioned to fill. Overall, competition fr...

News  Updated at: 2026/03/23

Kim Long Motor opens new truck manufacturing plant in Hue Announced on March 17, 2026, Kim Long Motor officially inaugurated its truck manufacturing plant at the Hue Automobile Manufacturing and Assembly Industrial Park. The 10-hectare facility features a fully automated production line, including robotic welding systems, an ED electrostatic dip-coating line with 13 interconnected tanks, and a flexible assembly system capable of producing multipl...

News  Updated at: 2026/03/20

engine blocks, particularly cast-in liners featuring a proprietary structure with protrusions on the outer circumference, represent a unique, “only-one” technology in which TPR holds the world’s top market share. The company aims to further strengthen profitability through increased sales and cost reductions. In piston rings, TPR operates as one of the four major global groups alongside NPR-Riken Corporation (NPR-Riken), MAHLE GmbH (MAHLE),...

News  Updated at: 2026/03/18

Egypt announces golden licence to MAC for vehicle assembly plant On March 14, the Ministry of Investment and Foreign Trade of Egypt announced that it has granted a golden licence to the Egyptian company, MAC, to establish an integrated factory for manufacturing and assembling cars (gasoline, electric, and hybrid) and light transport vehicles. The project will see an investment cost of up to EGP 6.35 billion and provide 1,000 job opportunities.  ...

News  Updated at: 2026/03/16

alisation Centre (UKBIC) officially opened its new Flexible Pilot Line (FPL), designed to bridge the gap between laboratory-scale research and full-scale battery production for innovators and developers. The Flexible Pilot Line (FPL) at UK Battery Industrialisation Centre provides companies with a cost-effective way to develop battery products at the national battery manufacturing facility in Coventry. It supports rapid process development, feas...

News  Updated at: 2026/03/13

sistant and autonomy roadmap, strategy to monetize software and services as it scales, and its strategic relationship with Uber to deploy Lucid Midsize platform vehicles at a scale similar to the Gravity robotaxi program. Lucid's new Midsize platform has been engineered from the ground up to reduce costs and start with pricing below USD 50,000. Among the three planned Midsize versions: •    Lucid Cosmos is an SUV designed for efficiency, spac...

News  Updated at: 2026/03/13

Volkswagen Group annual conference 2026 Q&A: Strengthening cost efficiency while navigating regulatory and global market changes On March 10, Volkswagen Group held the Annual Media, Analyst and Investor Conference. The event was presented by Mr. Oliver Blume CEO and Mr. Arno Antlitz CFO & COO. Main Q&As Q1. What specific cost cutting measures are you considering to meet the Vision 2030 targets? A. [Oliver Blume CEO] Over the past three years we h...

News  Updated at: 2026/03/12

‑cloud resolution by 17 times and extends detection range to 600m, two to three times that of mainstream solutions in the industry. Leveraging Geely Farizon’s advanced AI-enabled chassis-by-wire, mature supply chain, and production management system, the new Robotaxi GXR delivers major gains in manufacturing efficiency. The vehicle assembly time has been shortened from one hour to less than 10 minutes, and the total vehicle cost is expected t...

News  Updated at: 2026/03/11

as a major economic shock beyond Asia, leading to renewed inflationary pressures via the impact on global energy prices, which would drive up inflation both directly, through household bills (reducing disposable income available to spend on goods and services), and indirectly, by raising production costs for businesses (eventually passed on to consumers and contributing further to the inflationary environment). Such a scenario would dampen econom...

News  Updated at: 2026/03/11

Renault to cut production costs and speed up development under futuREady strategy On March 10, Renault Group announced its production development and cost-cutting plans in the new “futuREady” strategic plan. In order to compete with Chinese car manufacturers in innovation, cost, and speed. The company plans to develop new vehicles faster using a 2-year product development cycle for all future projects. Renault will improve its already effici...

News  Updated at: 2026/03/10

prises. China is not included in Trusted Partner framework. The arrangement risks creating institutional discrimination. This could place Chinese enterprises and their European partners at a disadvantage when participating in EU public procurement and public support schemes. Mandatory use of higher-cost local components and still-maturing “low-carbon materials” could directly increase production costs for European manufacturing sectors, parti...

News  Updated at: 2026/03/10

al production capacity, with further expansion to proceed in phases as additional orders are secured. The South Korean company currently operates an artificial graphite anode material factory in Pohang, Gyeongsangbuk-do, South Korea, with an annual production capacity of 8,000 tons. Building on the manufacturing expertise gained at this plant, the company plans to produce more cost-competitive products in Vietnam and strengthen its supply system ...

News  Updated at: 2026/03/10

hting functions more rapidly, as those markets are driven by strong regulatory frameworks, a high emphasis on design differentiation, and fast-moving digitalization. In contrast, Japan and many ASEAN markets take a more conservative approach, prioritizing reliability, proven safety performance, and cost-effectiveness, which results in more gradual adoption of new lighting functions. Q4. Your exhibit at CES 2026 showcased lighting applications hig...

News  Updated at: 2026/03/03

he parallel development of gasoline-powered and EV models, expand its advantages in New Energy Vehicle (NEV) models, and broaden export operations through global channels. GAC Honda will make up for the shortcomings in NEV lineups and intelligentization by adapting localized R&D outcomes to achieve cost reduction and efficiency gains. -          Continuously improve the competitiveness of independent brands: Leverage the IPD (Integrated ...

News  Updated at: 2026/03/02