stry, Egypt, held a meeting with representatives of 23 bus, vehicle, and component manufacturing companies to review the capabilities of localization. The ministry reviewed the list of components targeted for localization, which includes steel used in structures and strategic components, galvanized sheet metal, glass and rubber components, rivets and fasteners, bus dashboards, HVAC, etc. It also reviewed the local production rates of lithium batt...

News  Updated at: 2025/11/27

GM invests USD 250 million in Parma Metal Center to support U.S. manufacturing On November 20, General Motors announced a new USD 250 million investment in its Parma Metal Center in Ohio. This will enable production of sheet metal stampings and assemblies to support the multi-billion-dollar product allocations previously announced for Orion Assembly, Spring Hill Manufacturing, and Fairfax Assembly plants earlier in 2025. With this new commitment,...

News  Updated at: 2025/11/22

ithout the need for subsequent joining processes, while smaller parts can be manufactured in higher quantities. The metal powder for this printer consists entirely of recycled punching waste from Brose's own press shops and has the same chemical composition and mechanical properties as conventional sheet metal components, supporting circular economy. (From a press release dated November 13, 2025)...

News  Updated at: 2025/11/18

eMotion Fleet joins SSI to launch vehicle telematics pilot in Thailand Announced on November 13, 2025, eMotion Fleet Inc. and Sahaviriya Steel Industries PLC (SSI), Southeast Asia’s leading producer of hot-rolled steel sheet in coils (HRC), have inked a Memorandum of Understanding (MoU) to evaluate the feasibility and benefits of deploying advanced telematics systems across SSI’s vehicle fleet in Thailand. Under the MoU, effective from Octobe...

News  Updated at: 2025/11/18

U.S. and Korea finalize deal on trade and tariffs, issue fact sheet On November 13, South Korea and the U.S. signed a formal trade deal reaffirming the historic announcement in July of The Korea Strategic Trade and Investment deal.  This deal includes USD 150 billion of Korean investment in the shipbuilding sector approved by the U.S., which is referred to as the Approved Investments. This deal also includes USD 200 billion of additional Korean ...

News  Updated at: 2025/11/15

2025). On the other hand, Kobe Steel’s “Kobenable Steel” was adopted for Toyota’s mass-production vehicles for the first time. Kobe Steel’s “Kobenable Premier”, which uses a mass balance approach to reduce CO2 emissions by 100% during steel manufacturing, will be used as part of steel sheet materials. (From an article in the Nikkan Jidosha Shimbun on November 12, 2025)...

News  Updated at: 2025/11/12

TSA, Austria starts construction of new punching center On November 4, Traktionssysteme Austria (TSA) started construction of a new punching center (Plant 3a) at its Wiener Neudorf headquarters with an investment of EUR 9.5 million. The new facility will be developed as a modern punching and sheet metal processing center within the expanding “TSA City” campus. The first construction phase will be completed by 2026. The production will start i...

News  Updated at: 2025/11/10

” that enables flexible adaptation to changes in parts to be produced, to meet demand for cost reduction from OEMs. It aims to expand its market share for vehicle body products, for which it is enhancing the production capacity at its head office Fukuda plant, by leveraging its high-tensile steel sheet processing technology. It will also work to expand its chassis related business by leveraging the hydroforming technology and tailored blank but...

News  Updated at: 2025/11/06

o a securities purchase agreement with ATW Partners, a New York-based investment firm, under which the Company may issue and sell convertible notes for up to an aggregate principal amount of USD 150 million. This financing is expected to enhance ECARX's liquidity position and strengthen its balance sheet, providing greater financial flexibility to execute on its strategic priorities. The proceeds will support the Company's ongoing global expansio...

News  Updated at: 2025/11/04

Benteler's HOLON partners with InLight to build first production facility in Jacksonville Benteler Group (Benteler)’s subsidiary HOLON, a vehicle developer and producer of the HOLON urban autonomous shuttle, has signed a Term Sheet with InLight Real Estate Partners for the construction of its first production facility in the Eastport Industrial Park in Jacksonville, U.S. The new facility will be approximately 580,000 square feet and will be the...

News  Updated at: 2025/10/30

Sona Comstar, India and Jinnaite Machinery put proposed China joint venture on hold On October 27, 2025, Sona BLW Precision Forgings Ltd. (Sona Comstar) announced that the company and Jinnaite Machinery Co. Ltd. (JNT) of China have mutually agreed to put their proposed joint venture (JV) in abeyance. The two parties had previously been in discussions following the execution of a binding term sheet in July 2025, but have now rescinded the agreemen...

News  Updated at: 2025/10/28

on with TC Group and supports the launch of Skoda vehicle production in Vietnam. Spanning 36.5 hectares, the TCVH facility is designed for an annual capacity of up to 120,000 vehicles and will serve as a key hub for Skoda’s production and distribution across Southeast Asia. Despite disruptions in sheet metal processing and electrical component supply, fluctuations in maritime transport, and extreme weather events such as a super typhoon, Dürr ...

News  Updated at: 2025/10/28

in body performance. The new model features a 10% reduction in steel weight compared to the previous model, while maintaining the vehicle's body performance, including rigidity and collision safety, enhancing driving pleasure. In addition, the two companies worked together on the selection of steel sheet materials from the early development stage and were able to select a steel sheet manufacturing plant of Nippon Steel that is close to Mazda's ve...

News  Updated at: 2025/10/23

high-voltage environments. It is suitable for high-voltage connectors. Envalior will also showcase the first fully functional high-voltage battery enclosure made entirely of engineered plastics, developed from Durethan B24CMH2.0 + 45% LGF (PA6) and Tepex dynalite 102-RGUD600 thermoplastic composite sheet technology. It achieves a lower weight, cost, and carbon footprint compared to traditional metal housings. It also displayed Stanyl SN-PURE, a s...

News  Updated at: 2025/10/13

turing and QuantumScape started to discuss collaboration for the mass production of ceramic film used in separators that separate battery anodes and cathodes. Through discussions, they found a possibility that Murata Manufacturing’s technologies relating to ceramic material composition as well as sheet forming and firing could be applied to the mass production of QuantumScape’s ceramic separators. (From an article in the Nikkan Jidosha Shimbu...

News  Updated at: 2025/10/10

Novelis plant fire in Oswego, New York to affect aluminum sheet supply into 2026 On October 6, Novelis confirmed that it anticipates operations to restart at its Oswego, New York facility’s hot mill by the first quarter of 2026, after being shut down by a fire on September 16. The New York plant supplies roughly 40% of the aluminum sheet used in the auto industry. Ford is the largest user of the plant's aluminum, which it uses in the body of it...

News  Updated at: 2025/10/09

dynamic crash tests achieved a full score of 24 out of 24, and the CRS (Child Restraint System) installation scored 12 out of 12. This rating applies to several C3 Aircross variants, including the 1.2P Turbo MAX 5S and others listed in the official documentation. Based on Bharat NCAP website/ Fact sheet...

News  Updated at: 2025/09/30

IL acquires site for lithium metal negative electrode sheet plant in Cheonan-si, South Korea Several South Korean media sources reported that  IL Co., Ltd., a South Korean company, had acquired a site for a new plant in Cheonan-si, Chungcheongnam-do, to establish a production system for lithium metal negative electrode material sheets for all-solid-state batteries. According to IL, these negative electrode sheets employ a technology that effecti...

News  Updated at: 2025/09/29

astic thermal insulation material will be adopted for use in automotive parts. Sumitomo Bakelite intends to expand the business to several JPY billions in 2030, and JPY 10 billion in 2035, with the advancement of electrification and intelligence. The company’s plastic thermal radiation insulation sheet uses a plastic that contains a special filler. While it is hard to increase thermal conductivity compared to ceramic products, it features low w...

News  Updated at: 2025/09/29

NIO plans to use the net proceeds from the equity offering for investment in the R&D of core technologies for smart EVs, development of future technology platforms and vehicle models across its sub-brands, expansion of its battery swapping and charging network, further strengthening of its balance sheet, and general corporate purposes. From NIO HKEX announcements 1/2...

News  Updated at: 2025/09/17