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Citroen, India Aircross 5-seater SUV scores 5-star in Bharat NCAP crash test
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
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
Sumitomo Bakelite aiming to expand plastic thermal insulation material business to JPY 10 billion in 2025
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 to raise USD 1 billion through equity offering
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
Maruti Suzuki, India Victoris SUV achieves five-star Global NCAP rating
rovides i-Size anchorages as standard. Child safety was also emphasized, with test dummies representing 18-month and 3-year-old children receiving full protection in rearward-facing child seats secured with ISOFIX anchorages and a support leg. Based on the GNCAP website/ Maruti Suzuki VICTORIS fact sheet...
News Updated at: 2025/09/15
Volkswagen in advanced talks with U.S. over investment deal
as well as improving its supply chain and labor force in the U.S. and has held talks about how Washington could lend support with incentives. The company will make a decision on a possible local production plant for Audi by the end of the year. “Up to now it's several billion euros on our balance sheet this situation costs this year. But it's more important to what situation we will come into in the future on the one hand side with the tariffs ...
News Updated at: 2025/09/09
Scout Motors to source batteries from PowerCo’s plant in Canada
hile saying that the company has already awarded a majority of the parts and material contracts planned for the two EVs, Keogh said, “We are not ready to confirm anything right now because we are in the middle of forward sourcing,”, but added Scout’s startup status is allowing it take a clean-sheet approach to the U.S. supply chain. A Scout spokesperson said later in the day noted that a formal supply contract with PowerCo for the batteries...
News Updated at: 2025/09/09
Integrated WIPE Industries India supplies blade and arm components for Maruti Suzuki Victoris
ed that its wiper blades and arm components have been included in the newly launched Maruti Suzuki Victoris. The company thanks Maruti Suzuki India Limited, Mitsuba Corporation, and The West India Power Private Limited for trusting it with this project. Integrated WIPE Industries India is a leading sheet metal component manufacturing firm specializing in fine blanking, stamped, pierced, and formed components. Based on Integrated WIPE Industries I...
News Updated at: 2025/09/05
Maruti Suzuki, India Victoris SUV earns 5-Star Bharat NCAP Rating
trian protection, and seat belt reminders. The car also stood out in child restraint system tests, reflecting a comprehensive approach to passenger safety. These Bharat NCAP ratings apply to a wide range of Victoris variants manufactured from September 2025 onwards. Based on the BNCAP website/ Fact sheet...
News Updated at: 2025/09/04
Cleveland-Cliffs signs steel supply contracts with multiple U.S. automakers
n the U.S., has signed fixed-price steel supply contracts with multiple U.S. automakers. Notably, these contracts have durations extending up to three years, whereas steel contracts to automakers traditionally have a shorter duration, usually lasting a single year. The contracts are for flat-rolled sheet steel primarily used for body panels. GM is reportedly one of the companies that has signed a contract with Cleveland-Cliffs. The U.S. initially...
News Updated at: 2025/08/21
IAA Mobility 2025: KIRCHHOFF, Germany to present cross car beams, crash management system and structural parts
IAA Mobility 2025: KIRCHHOFF, Germany to present cross car beams, crash management system and structural parts On August 18, KIRCHHOFF Automotive announced that it will present its safe, lightweight, cost-efficient, and sustainable innovations at IAA Mobility 2025. It will showcase the entire range of its cross-car beam technologies, including steel sheet construction to innovative aluminum designs and pioneering hybrid constructions (tube-in-tub...
News Updated at: 2025/08/19
Linamar posts strong free cash flow and liquidity in Q2 2025
ngs to CAD 150.9 million, with margins returning to normal levels. New product launches bolstered volume in North America and Asia Pacific. Importantly, Linamar products remain exempt from tariffs thanks to USMCA compliance. Executives emphasized cost discipline, lean operations, and strong balance sheet positioning to capitalize on onshoring opportunities and supplier market consolidation. (Linamar press release on August 13, 2025) [pdf file]...
News Updated at: 2025/08/15
Egypt to increase localization of automotive sheet metal industry
Egypt to increase localization of automotive sheet metal industry On August 4, the Ministry of Industry and Transport, Egypt, held a discussion with iron manufacturers and automotive companies for the localization of the automotive sheet metal industry. The ministry announced that it is in the process of formulating an integrated methodology for localizing the automotive sheet metal industry, based on two main elements: sustainability in laws, in...
News Updated at: 2025/08/05
Taiho Kogyo aims to win orders for sets of thermal management parts by 2030
aiho Kogyo) is marketing sets of thermal management parts for electrified vehicle inverters and converters. At its Sasahara base (located in Toyota City, Aichi Prefecture), young engineers are engaged in the rapid development of new products, the company develops products such as thermal conductive sheets and heat sinks. Aiming to win orders for automotive applications by around 2030, it will also market the products for data centers and electron...
News Updated at: 2025/07/29
Sona Comstar, India to set up driveline JV in China with Jinnaite Machinery
Sona Comstar, India to set up driveline JV in China with Jinnaite Machinery On July 20, Sona BLW Precision Forgings Ltd. (Sona Comstar) signed a binding term sheet with Jinnaite Machinery Co., Ltd (JNT) to establish a joint venture (JV) company in China. The JV will manufacture and supply driveline systems and components to automotive OEMs in China and globally. Sona Comstar will invest $12 million in the first phase will hold 60% equity stake i...
News Updated at: 2025/07/21
Blink Charging and Axxeltrova Capital partner to support charging infrastructure in UK
Blink Charging and Axxeltrova Capital partner to support charging infrastructure in UK On July 14, Blink Charging Co. announced that on June 20, 2025, it had entered a non-binding term sheet concerning its previously proposed GBP 100 million Special Purpose Vehicle (SPV) with private equity firm Axxeltrova to support growth in EV charging development across the UK through the Local Electric Vehicle Infrastructure (LEVI) program. The SPV will faci...
News Updated at: 2025/07/15
U.S. investment fund consortium expresses support for financial restructuring of Marelli
arts supplier that has filed for the Chapter 11 of the U.S. bankruptcy law (equivalent to Japanese Civil Rehabilitation Act), stated that it will strongly support Marelli’s financial restructuring plan. The consortium stated, “The restructuring plan will dramatically improve Marelli’s balance sheet, strengthen the fluidity, and support sustainable business restructuring. We are looking forward to collaborating with Marelli in this important...
News Updated at: 2025/06/23
Euro Manganese, Canada signs offtake deal with Integrals Power, UK to boost battery supply chain
Euro Manganese, Canada signs offtake deal with Integrals Power, UK to boost battery supply chain On June 18, Euro Manganese Inc., a battery materials company, entered an offtake term sheet with Integrals Power Limited (IPL), a next-generation battery nano-materials company, for the sale of high-purity manganese sulphate from the Chvaletice Manganese Project in the Czech Republic. In the partnership, Euro Manganese and IPL will work together to us...
News Updated at: 2025/06/20
Aisin to mass produce “perovskite solar cells” from 2030
e facilities such as plants and warehouses, and then to private houses and automotive bodies in the future. Compared to conventional solar cells, perovskite solar cells are lighter, can be folded, and are subject to less resource constraints. Aisin’s perovskite solar cells, which use a thin glass sheet, are excellent in durability and lightness, and can be installed on walls as well as roofs. The company started a demonstration test at its Anjo...
News Updated at: 2025/06/17
Antam, Indonesia sets IDR 7 trillion investment for 2025, focuses on EV battery sector
upport the renovation of Antam’s precious metal facilities in East Java and the completion of the Smelter Grade Alumina Refinery (SGAR) project in West Kalimantan. The state-owned company remains optimistic about its financial strength, noting that it currently carries no bank debt on its balance sheet. (From an article of Republika on June 12, 2025 and multiple sources)...
News Updated at: 2025/06/17