ancing constraints and selective OEM price adjustments may temper incremental gains. PV dealers are facing high inventory levels and older product portfolios, which are limiting retail sales. In the CV segment, inventory remains high as OEMs and dealers prepare for the upcoming June ’25 A/C-cabin regulations. Meanwhile, freight demand in coal, cement, and mining stays weak due to liquidity constraints and early monsoon rains. Global supply-chai...

News  Updated at: 2025/06/06

h, 10.2% share), SK On (up 24.1% to 13.4 GWh, 4.3% share), CALB (up 21.4% to 11.9 GWh, 3.9% share). The United States is accelerating global supply chain restructuring not only through policy changes such as the Inflation Reduction Act (IRA) and AMPC for battery subsidies, but also by strengthening regulations on Chinese-made batteries and raw materials. In response to these policy shifts, Korean companies are seeking to secure stable supply chai...

News  Updated at: 2025/06/05

ng product quality and after-sales services. To ensure the sound development of the industry, the CAAM launched the following initiatives. -          All companies shall strictly abide by the principle of fair competition and launch business operations in compliance with China’s laws and regulations. -          Dominant companies shall not monopolize the market by squeezing the survival space of or infringing upon the legitima...

News  Updated at: 2025/06/05

turbocharged engine, an 8-speed transmission, and advanced off-road capabilities such as front and rear differential locks. Its price dropped to around IDR 698 million (OTR Jakarta) (down from IDR 790 million). This local production supports greater use of domestic components per Indonesia’s TKDN regulations. BAIC plans to expand local assembly with the BJ-30 Hybrid launching at GIIAS 2025 in July and the electric Arcfox T1 in February 2026. (F...

News  Updated at: 2025/06/04

d Kia brands, as well as Genesis models. By 2030, our projections indicate that the group will expand its FHEV presence to approximately 1.3 mn units worldwide, representing over 21% of its global sales. However, as global demand for EVs rises due to technological advancements and stricter emission regulations, the growth of FHEVs is expected to slow in the latter part of the decade and eventually be surpassed by pure EVs. Nevertheless, FHEVs wil...

News  Updated at: 2025/06/03

gy will remain competitive, but that no final decisions have been made. “This period marks our regular annual pricing review, guided by market dynamics and consumer demand, independent of tariffs,” the company said in a statement. “We will continue to adapt to shifts in supply and demand, and regulations, with a flexible pricing strategy and targeted incentive programs.” The Hyundai Motor Group, including Kia and Genesis brands, imported ...

News  Updated at: 2025/06/03

the first 4 months of 2025, vehicle production reached 456,749 units, down 12.0% YoY. Vehicle exports in April 2025 amounted to 65,730 units, marked a drop of 6.3% YoY. The FTI explained that the overall export decline was due to model changes in certain passenger cars and stricter carbon emission regulations / safety standards in some countries. Consequently, exports fell across markets in Asia, Australia, the Middle East, Europe, and North Ame...

News  Updated at: 2025/05/29

nounced that it is providing cybersecurity consulting services to TIER IV. In June 2024, TIER IV was selected for a government project to develop low-speed autonomous buses for airport terminal transfers in Japan. To meet safety standards, the project needed to comply with UN-R155 and ISO/SAE 21434 regulations.  PlaxidityX performed a cybersecurity gap analysis and provided a tailored service package, including a cybersecurity plan, ongoing moni...

News  Updated at: 2025/05/23

Control Systems India, a subsidiary of ZF, 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, represent a major growth opportunity. It is also expanding the penetration of the EV portfolio, with ...

News  Updated at: 2025/05/23

orts of Thailand-made electric passenger vehicles (BEVs) reached 660 units. Although HEV exports rose sharply, the increase was not enough to offset the overall decline. The FTI explained that the overall export decline was due to model changes in certain passenger cars and stricter carbon emission regulations / safety standards in some countries. Consequently, exports fell across markets in Asia, Australia, the Middle East, Europe, and North Ame...

News  Updated at: 2025/05/22

l electrification. At the recent BOI seminar, “Shaping the Future of xEV in Thailand,” 6 major brands (Mercedes-Benz, BMW, Toyota, Honda, MG, and Changan) advocated for clear policies and a defined roadmap to accelerate Thailand’s xEV adoption. Mercedes-Benz emphasized the need for consistent regulations, recognition of industry investment, and reduced trade barriers. The company saw PHEVs as a practical entry point for consumers new to ele...

News  Updated at: 2025/05/21

otor Corporation’s Camry manufactured in Japan for export to Europe and other regions. Toyoda Gosei intends to recycle additional automotive parts and expand the range of resources such as automotive shredder residue (ASR) and everyday items, based on tightening European end-of-life vehicle (ELV) regulations that promote the reuse of plastics and automotive resources. This is the world's first practical use of recycled plastics with 50% ELV pla...

News  Updated at: 2025/05/21

w products, including an EV terminal tractor and a 15-meter AC coach, both of which were showcased at Auto Expo 2025. These commercial vehicles are scheduled for commercial production within the current year. It also made significant progress on the Center of Excellence for EVs. For the upcoming AC regulations, all products in the affected segments are fully ready.  Based on Ashok Leyland investor conference call Q4, FY 2024-25...

News  Updated at: 2025/05/15

NIO receives E-Mark certification for steer-by-wire system for NIO ET9 On May 13, NIO, in a social media update, announced that its ET9's steer-by-wire system received E-Mark certification under the automotive regulations of the United Nations Economic Commission for Europe (UNECE). The certification was conducted by Applus+ IDIADA ("IDIADA").  This also marks IDIADA's first certification in Europe for a vehicle equipped with steer-by-wire techn...

News  Updated at: 2025/05/14

States, where Mexico holds a 43.2% market share. To remain competitive, the Mexican Auto Parts Industry Association (INA) outlined six strategies: leverage nearshoring, ensure USMCA compliance, develop local suppliers, diversify markets, invest in innovation and automation, and monitor global trade regulations. (Cluster Industrial on May 12, 2025)...

News  Updated at: 2025/05/14

raffic environment. Data collection will begin on May 12, 2025, through a collaboration with Green Cab Co., Ltd, a Tokyo-based taxi operator. Collected data will be used exclusively for training AI models. It will be handled with strict adherence to privacy protection policies and relevant laws and regulations. Based on Wayve press release ...

News  Updated at: 2025/05/13

or more tranches. Additionally, NDR Auto will incur up to INR 10 million in pre-incorporation expenses on behalf of the JV company until its formation. Once incorporated, the JV company will be treated as an associate of NDR Auto Components and will be classified as a related party under applicable regulations. Based on NDR Auto Components Limited's stock exchange notification and multiple sources...

News  Updated at: 2025/05/09

ment of IDR 15.4 trillion and a projected annual output of around 281,000 units. BKPM also noted that Indonesia now has a complete EV battery ecosystem, which will help accelerate the country’s goal of achieving net-zero emissions as EV adoption increases. Additionally, the government is revising regulations to allow third parties to build EV charging stations, enabling faster nationwide rollout.Investors are encouraged to engage in EV-related ...

News  Updated at: 2025/05/08

termination, and requirements for simulation testing. Many countries in the world have mandated AEBS installation in vehicles, as the system can effectively reduce collision accidents and protect the safety of vehicles and pedestrians. Europe, Japan, and South Korea have approved related mandatory regulations. According to the April report of the China Passenger Car Association (CPCA), during January and February 2025, China’s overall passenge...

News  Updated at: 2025/05/07

model, a unified hardware platform will be adopted. Desay SV’s localized algorithms will be applied in China, while Qualcomm’s universal algorithms will be used in international markets. This flexible cooperation model can support customers to customize product adaptation according to regional regulations and functional requirements. This series of combined driving assistance solutions combines the advantages of a unified central computing a...

News  Updated at: 2025/05/05