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Hyundai India to grow export in current year
ng some advanced countries like Australia and other regions. It will not be impacted by tariffs as it is between the US and other countries. With the expansion of the Pune plant, it will reach 1.1 million units of production capacity. Last year, exports made up 21% of its sales. By 2030, the export penetration can go up and maybe reach 30%. It is also studying the India-UK trade agreement and looking at new opportunities, especially with the EVs ...
News Updated at: 2025/05/26
ZF Commercial Vehicle Control Systems India updates about new product development
ZF Commercial Vehicle Control Systems India updates about new product development On May 15, ZF Commercial Vehicle Control Systems India, in an investor update, announced that it is ramping up new project launches, such as the Exhaust Brake Valve, Automatic Traction Control, and increased penetration of OptiDrive (AMT), and OptiRide Electronically Controlled Air Suspension. The upcoming ESC regulations for buses, effective September 2025, represe...
News Updated at: 2025/05/23
CATL launches 75# standardized swapping electric block
swapping electric block and an all-scenario chassis-based battery swapping solution, and announced the goals of establishing a green battery swapping network covering 80% of China’s trunk line transport capacity by 2030 and promoting electrified heavy-duty trucks to achieve a more than 50% market penetration rate in three years. Compatible with 95% of mainstream models on the market, the 75# standardized swapping electric block unlocks a fully ...
News Updated at: 2025/05/22
China Passenger Car Association analysis of production and sales volumes for April 2025
dually implemented related policies. Coupled with increased plant subsidies and financial support from automakers and the launch of offline events such as motor shows, the vehicle market trended well in April 2025, a month with the highest retail sales volume growth rate y/y in the past decade. NEV penetration rate continued to rise, which made NEVs the main driver for a Spring recovery in the passenger car market. In May 2025, there will be 19 w...
News Updated at: 2025/05/14
Mahindra, India partners with FEV Europe to develop new battery system for BE 6 and XEV 9e EVs
20% to 80% in 20 minutes. The system will be available in two variants, offering 59 kWh and 79 kWh total capacity. It will be integrated into Mahindra’s Born Electric Vehicle lineup. The battery has undergone comprehensive testing based on international safety standards, including fuel fire, nail penetration, and rollover tests, conducted at Mahindra's R&D facilities and FEV’s eDLP test center near Leipzig, Germany. The tests adhered to IEC, ...
News Updated at: 2025/05/08
Kobe Steel and Panasonic Connect agree to jointly develop new arc welding techniques
l develop a technology that helps to improve the quality of such welding and aim to spread the use of it. Kobe Steel and Panasonic Connect will develop a new arc welding technique that combines both welding performance such as robustness and high-speed welding by optimizing a wide range of bead and penetration shapes. Based on Kobe Steel’s welding robot system, Panasonic Connect will tune welding techniques for automobiles and motorcycles. At t...
News Updated at: 2025/05/08
Mercedes-Benz India retailed 18,928 units in FY 2024-25
GLE, remained the largest contributor to overall sales. The E-Class LWB, now offered in an E 450 variant, was the highest-selling model in the portfolio. Mercedes-Benz’s battery electric vehicle (BEV) sales grew by 51% in FY24 -25, contributing to a 7% share of total sales. In Q1 FY25, BEV sales penetration rose further to 8%, driven by demand for the ‘Made in India’ EQS SUV 580 and EQS SUV 450, as well as high-end BEVs like the EQS Maybac...
News Updated at: 2025/04/14
China Passenger Car Association analysis of production and sales volumes for March 2025
government allocated CNY 300 billion of ultra-long-term special government bonds for consumer goods trade-in to provide robust support for the passenger vehicle market throughout the year, with March passenger vehicle wholesale and production volumes both hitting monthly highs. Domestic NEV retail penetration rate picked up to 51.1%, which made NEVs the main driver for a Spring recovery in the passenger car market. In April 2025, there will be 2...
News Updated at: 2025/04/11
CPCA expects March passenger car retail sales volumes to total 1.85 million units
ording to the CPCA, in March, a traditional peak season for the automobile market, the supply side started to gain momentum, with automakers intensively unveiling new technologies and models. This strongly supported growth in the overall market and is expected to continuously and steadily raise the penetration rates. The joint effect of the policies for large-scale equipment replacement and consumer goods trade-in further stimulated the release o...
News Updated at: 2025/03/25
GlobalData blog: Insights from InterBattery 2025: Korean battery manufacturers showcase innovations amidst global market challenges
2028, and 2030, respectively. Another hot topic during the event was the global battery situation affecting Korean manufacturers. Two main concerns are likely to impact them: 1) the slowdown of BEV production in Europe and the influx of Chinese-built BEVs, which may result in reduced Korean battery penetration; and 2) potential changes in the U.S. automotive industry under the Trump 2.0 administration, which could lead to revisions of the Inflati...
News Updated at: 2025/03/14
China Passenger Car Association analysis of production, sales volumes for February 2025
llows: wholesale and export volumes of passenger vehicle manufacturers hit new highs; the price war was relatively mild; the wholesale share of independent passenger vehicle manufacturers and the domestic passenger vehicle retail share exceeded 70% and 65%, respectively; and the domestic NEV retail penetration rate rebounded to 49.5%. In March 2025, there will be 21 weekdays, flat y/y. With all walks of life rapidly resuming normal operations aft...
News Updated at: 2025/03/12
PwC Consulting to establish Smart Mobility Innovation Hub
gh the four functions: (1) “Architecture design" to identify challenges and conceptualize issues, forms of future mobility system, stakeholders, and essential data; (2) “Community hubs” designed to refine architecture design through expert communication in real settings, and to promote social penetration and common recognition; (3) “Information dissemination" to provide content information through seminars, reports, etc.;, and (4) Mobilit...
News Updated at: 2025/03/10
CPCA expects February passenger car retail sales volumes to total 1.25 million units
day. The ICE vehicle market, however, was firm. In February, there is a 19-day effective production and sales period, which is longer than last year and is providing robust support for growth in the passenger car market. As for the New Energy Vehicle (NEV) market, a notable seasonal drop in the NEV penetration rate was observed prior to the Spring Festival holiday, as consumers paid more attention to NEV ranges and charging due to mobility and te...
News Updated at: 2025/02/25
Renault 2024 financial presentation and Q&A: Record Profits, EV Cost Reduction, and Strategies to Overcome CAFE 2025 Challenges
2 emission regulations imposed by the European Union’s CAFE 2025 (Clean Air For Europe), the company will try to have an operating margin ≥7% (including 1% of estimated CAFE negative impact) and a free cash flow of ≥EUR 2 billion. To achieve this, Renault will try to maximize the EV and HEV penetration, implement ICE arbitrages. The Renault Group is launching the Futurama program, focusing in Innovation and Technology, Smart Scaling (re...
News Updated at: 2025/02/21
SAIC-GM to launch more than 10 NEVs from 2025
SAIC-GM to launch more than 10 NEVs from 2025 On February 19, SAIC-GM announced that from 2025 to 2026, it will launch more than 10 New Energy Vehicles (NEVs), including battery electric, plug-in hybrid, and range-extended models, for “full electrification of newly planned products”, and that it is slated to upgrade some ICE models to plug-in hybrid models to achieve an estimated NEV penetration rate of over 60% by 2027. From 2025 to 2027, th...
News Updated at: 2025/02/21
Toyo Tire to transfer shares in Chinese subsidiary
), to Liaoning Hengdasheng Investment, an investment company based in Liaoning, China. TTZ was established in 2010 for the purpose of production and sales of tires for passenger vehicles and light-duty trucks. It has been producing tires not only for the Chinese but also Asian markets. However, the penetration of the brand and product power in the sales of automotive tires in the Chinese market has been slower than expected, and the company has b...
News Updated at: 2025/02/21
Continental develops advanced cooling line for hydrogen powertrain in commercial vehicle
Continental develops advanced cooling line for hydrogen powertrain in commercial vehicle On February 11, Continental AG (Continental) announced that it has developed a line for cooling in the hydrogen powertrain of commercial vehicles, which considerably reduces the penetration of ions into the media circuit. The material is developed by ContiTech. Continental is using a mixture of synthetic rubber for cooling in the hydrogen circuit of commercia...
News Updated at: 2025/02/12
Japan Aviation Electronics Industry and Nagase to establish joint venture in India
aryana state, in March with a capital of INR 90 million (JPY 160 million) to start operations in April. It will be owned 74% by Japan Aviation Electronics Industry, and 26% by Nagase. The joint venture will first subcontract production and sell automotive USBs and connectors. It aims to enhance its penetration to Japanese makers, and then to local makers as well. (From an article in the Nikkan Jidosha Shimbun on January 31, 2025)...
News Updated at: 2025/01/31
Iveco Bus prioritizes Cybersecurity in connected buses and coaches
revent accidental or malicious incidents. Cybersecurity Management (GSRII): vehicles have systems to detect, prevent, and respond to cyber threats, continuously monitoring for attacks and activating countermeasures when needed. Compliance and Certification: meeting all security requirements through penetration testing, audits, and third-party certifications to ensure vehicle approval and regulatory compliance. Software Updates: manage software up...
News Updated at: 2025/01/29
Zhejiang Province releases plan to bolster development of ICV industry
ectric, hydrogen energy, and methanol autonomous commercial vehicles and actively developing dedicated driverless vehicles such as low-speed logistics vehicles and municipal sanitation vehicles. By 2027, establish 2-3 world-renowned automobile brands, and achieve a Level 2 and above ICE-powered ICV penetration rate of over 70% and a Level 3 and above New Energy ICV penetration rate of over 40%. - Make the ICV component industry ...
News Updated at: 2025/01/14