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Mitsui High-tec to keep high levels of investment in EV motor core business
Mitsui High-tec to keep high levels of investment in EV motor core business Mitsui High-tec, Inc. (Mitsui High-tec) will continue high levels of investment in its motor core-related business for electric vehicle (EV) drive motors. The motor core business has been going according to the company’s plan in the first half of the fiscal year that started in February (H1 FY2025). On the other hand, Mitsui High-tec revised its FY2025 operating income ...
News Updated at: 2025/09/18
GM to start Chevrolet Spark EUV assembly in Brazil by the end of 2025
GM to start Chevrolet Spark EUV assembly in Brazil by the end of 2025 On September 9, it was reported that Chevrolet will begin assembling the Spark EUV electric SUV in Brazil by the end of this year. Currently imported from China and sold at BRL 159,990, the model will be assembled in SKD format at the former Ford Troller plant in Horizonte, Ceará, acquired by Comexport, marking GM’s first step toward EV industrialization in Brazil. The plant...
News Updated at: 2025/09/12
IAA Mobility 2025: Volkswagen and PowerCo unveils Unified Cell for next-gen affordable EVs
IAA Mobility 2025: Volkswagen and PowerCo unveils Unified Cell for next-gen affordable EVs On September 8, Volkswagen Group and PowerCo unveiled the series version of the new Unified Cell, debuting in the Electric Urban Car Family from Volkswagen, ŠKODA, and CUPRA brands. The production will start this year in Salzgitter (Germany), then expand to Valencia (Spain) and St. Thomas (Canada). With materials such as cathodes that will come from Europe...
News Updated at: 2025/09/09
GM to cut Cadillac EV production in Spring Hill, halve planned Chevrolet Bolt output
GM to cut Cadillac EV production in Spring Hill, halve planned Chevrolet Bolt output On September 4, GM told employees that the company will stop production of two electric Cadillac crossovers at its assembly plant in Spring Hill, Tennessee, during the month of December. GM spokesperson Kevin Kelly said the plant will reopen in 2026 with one shift until May 2026, when the second shift is expected to be added back. The company will additionally sh...
News Updated at: 2025/09/05
Volvo Cars starts production of new fully electric Volvo ES90 in China
Volvo Cars starts production of new fully electric Volvo ES90 in China On September 4, Volvo Cars started production of its new, fully electric Volvo ES90 for European markets. Volvo Cars has opened the ES90 order book across several European markets, and customer deliveries will start later this year. The ES90 will also become available soon to some of Volvo Cars’ key markets in the Asia Pacific. It is the first Volvo car to feature 800-volt t...
News Updated at: 2025/09/04
Mazda signs agreement to build new EV battery assembly plant in Yamaguchi, Japan
Mazda signs agreement to build new EV battery assembly plant in Yamaguchi, Japan On September 4, Mazda Motor Corporation announced that it has signed an agreement with Yamaguchi Prefecture and Iwakuni City regarding the construction of the "Mazda Motor Corporation Iwakuni Plant," a new lithium-ion battery pack plant in Iwakuni City, Yamaguchi Prefecture, as announced in January 2025. Based on this agreement, construction will commence in November...
News Updated at: 2025/09/04
Reliance, India, updates about battery and electrolyser giga factories
Reliance, India, updates about battery and electrolyser giga factories On August 29, Reliance Industries Limited, in an investor update, announced that it is rapidly constructing its battery and electrolyser giga factories. Its battery giga factory will start in 2026. It will begin with a 40 GWh per year capacity and expand modularly to 100 GWh per year. Its electrolyser giga factory will also be operational by the end of 2026, with the ability t...
News Updated at: 2025/09/02
PKA, Ghana signs MoU with Chinese firms Polyrocks and Sinovcle for EV assembly plant in Accra
PKA, Ghana signs MoU with Chinese firms Polyrocks and Sinovcle for EV assembly plant in Accra On August 20, multiple sources reported that PKA Export and Import signed a memorandum of understanding (MoU) with Polyrocks and Sinovcle to establish an electric vehicle assembly plant in Accra, Ghana. It will cater to the domestic as well as the West African market. The construction will start towards the end of the year. It is targeting 5,000 vehicle ...
News Updated at: 2025/08/26
Thai FPI Q2 2025 overseas update: India grows modestly, Saudi plant progresses
Thai FPI Q2 2025 overseas update: India grows modestly, Saudi plant progresses Reported on August 18, 2025, Thailand-based Fortune Parts Industry PCL (FPI) shared its Q2 2025 overseas business performance. (i) FPI Auto Parts India recorded revenue of THB 48.3 million, slightly up from THB 48.0 million in Q2 2024, reflecting a transitional quarter as several vehicle models reached the end of their life cycles. The firm remains confident in grow...
News Updated at: 2025/08/22
Ural Automobile Plant, Russia launches foundry project to boost axle production
Ural Automobile Plant, Russia launches foundry project to boost axle production On August 14, Ural Automobile Plant launched its project 'Creation of a Foundry for Auto Components' at its production site. The project will increase the production of axles for Ural vehicles. The project will build a 46,000 square meter facility with a full production cycle and a capacity of 45,000 tons of castings per year. It will secure the plant’s operations ...
News Updated at: 2025/08/18
Artaban, Iran starts production of commercial and passenger vehicles
Artaban, Iran starts production of commercial and passenger vehicles On August 12, multiple sources reported that the CEO of Artaban Automotive Group announced the start of production of commercial and passenger vehicles at this complex with an annual capacity of 100,000 units. It also started cold and hot production tests of a few passenger car models. The company will also start importing Honda cars by the end of this year. The import of GAC ca...
News Updated at: 2025/08/13
Ford to reveal new EV, platform on August 11, CEO Farley says
Ford to reveal new EV, platform on August 11, CEO Farley says On July 30 during the investors call following release of its Q2 report, Ford CEO Jim Farley announced a new EV strategy and the coming reveal of a new electric vehicle and EV platform on August 11 at its Louisville Assembly Plant in Kentucky. During 2023 negotiations with the UAW, Ford promised to invest USD 1.2 billion into Louisville Assembly and an "all-new EV product" following th...
News Updated at: 2025/08/01
Isuzu to shift light-duty diesel truck production to U.S.
Isuzu to shift light-duty diesel truck production to U.S. Isuzu Motors Limited (Isuzu), which has been exporting light-duty diesel trucks to the U.S., announced on July 29 that it plans to shift production to Isuzu’s new U.S. plant, which will start operations in 2027 and assemble light-duty diesel trucks from 2028. The new plant, which was previously planned to manufacture light-duty electric trucks and gasoline engine trucks, will also produc...
News Updated at: 2025/07/30
Rapidus develops 2nm-class next-generation semiconductor prototype
Rapidus develops 2nm-class next-generation semiconductor prototype Rapidus Corporation (Rapidus, Chiyoda Ward, Tokyo), which aims to manufacture next-generation semiconductors in Japan, announced on July 18 that it has successfully produced a prototype semiconductor with a 2-nanometer-class circuit line width (1 nm is one-billionth of a meter). The company has also verified in July that the prototype operates normally. This success represents a l...
News Updated at: 2025/07/22
Stellantis’ Kenitra plant expands production capacity for engine and EV segment in Morocco
Stellantis’ Kenitra plant expands production capacity for engine and EV segment in Morocco On July 16, the Minister of Industry and Trade of Morocco and the Head of Moroccan Government attended the opening of Stellantis' expanded manufacturing unit in the Kenitra Industrial Zone. The plant will triple its engine production capacity from 100,000 to 350,000 units per year in two phases. Phase one begins in May 2025 with the assembly of new mild h...
News Updated at: 2025/07/17
Volvo Cars to begin XC60 production in Ridgeville, South Carolina in 2026
Volvo Cars to begin XC60 production in Ridgeville, South Carolina in 2026 On July 16, Volvo Cars announced it will add its best-selling XC60 mid-size SUV, in both mild hybrid and plug-in hybrid form, to the production line at its assembly plant in Ridgeville, South Carolina. XC60 production is scheduled to start at the U.S. plant in late 2026, joining the fully electric Volve EX90 flagship and Polestar 3 SUV. The XC60 has been the company’s b...
News Updated at: 2025/07/17
Daido Electronics to triple production of heavy rare metal-free magnets for drive motors by FY 2030
Daido Electronics to triple production of heavy rare metal-free magnets for drive motors by FY 2030 Daido Electronics Co., Ltd. (Daido Electronics, Nakatsugawa City, Gifu Prefecture), Daido Steel Co., Ltd.’s group company that produces magnets, will boost the production of drive motor magnets that do not use heavy rare metal (heavy rare earths). The company’s head plant will start a new production line as early as the beginning of 2026 to mor...
News Updated at: 2025/07/11
Mercedes Benz begins production of fast-charging batteries for CLA 250+ and battery recycling plans in Kamenz plant, Germany
Mercedes Benz begins production of fast-charging batteries for CLA 250+ and battery recycling plans in Kamenz plant, Germany On July 9, Mercedes Benz announced that its subsidiary Accumotive has started series production of the latest drive batteries for the all-electric CLA in the Kamenz plant, Germany. Since this year, it has been supplying these batteries to the Rastatt plant, where the new CLA is built. Electric drive units and axles come fro...
News Updated at: 2025/07/09
BMW gears up for Neue Klasse EVs with global battery production network
BMW gears up for Neue Klasse EVs with global battery production network On July 9, BMW announced that it will ramp up the production of the high-voltage batteries for its Neue Klasse vehicles. Before mass production, BMW tests and develops the batteries at its pilot plants in Parsdorf, Hallbergmoos, and at the Research and Innovation Centre (FIZ) in Munich. BMW is setting up five battery assembly plants on three continents for its sixth-generatio...
News Updated at: 2025/07/09
Jaguar Land Rover to set up manufacturing plant in Tamil Nadu, India, operations to start in 2026
Jaguar Land Rover to set up manufacturing plant in Tamil Nadu, India, operations to start in 2026 On June 25, the Government of Tamil Nadu announced on its social media handles that Jaguar Land Rover (JLR), a subsidiary of Tata Motors, will set up a new automotive manufacturing facility in Ranipet, Tamil Nadu. The plant is scheduled to begin completely knocked down (CKD) operations in early 2026. In the first phase, the facility will have an annu...
News Updated at: 2025/06/26