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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
Scania to supply 60 electric buses to South Australia’s Department for Infrastructure and Transport
Scania to supply 60 electric buses to South Australia’s Department for Infrastructure and Transport On June 25, Scania announced that it will deliver 60 battery-electric city buses to South Australia’s Department for Infrastructure and Transport (DIT). The buses will be built on Scania’s K-series two-axle platform with Volgren bodies, and will be used in Adelaide, Australia. The production starts later this year, with the first deliveries e...
News Updated at: 2025/06/25
TBK to restructure production system in and outside Japan
TBK to restructure production system in and outside Japan TBK Co., Ltd. (TBK), a manufacturer of brakes for commercial vehicles and other parts, will start restructuring its production system in and outside Japan. It produces engine-related castings such as turbocharger bearing housings at its Tsuruoka Plant (Tsuruoka City, Yamagata Prefecture) and will consider consolidating the production of such parts into its Fukushima Plant (Tamakawa Village...
News Updated at: 2025/06/25
Ford LFP battery plant in Michigan on track with U.S. tax breaks or not
Ford LFP battery plant in Michigan on track with U.S. tax breaks or not On June 23, Lisa Drake, Ford vice president of Technology Platform Programs and EV Systems, presented the USD 3 billion BlueOval Battery Park Michigan plant in Marshall, Michigan, now 60% complete, to the media before "clean room" equipment is installed. “We remain on track to start production of these batteries next year,” Drake said, noting that the company was committe...
News Updated at: 2025/06/25
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
AOI and Stellantis to launch new car production by 2026 in Egypt
AOI and Stellantis to launch new car production by 2026 in Egypt On June 16, the Egyptian government announced that the Arab Organization for Industrialization (AOI) will start producing a new car model with Stellantis by the end of 2026. The total planned production is 240,000 units. The news was announced after a meeting between Egypt’s President and AOI’s chairman. The new model will be built only at AOI’s facilities and won’t be made ...
News Updated at: 2025/06/17
Hyundai Motor India commences engine production at Talegaon plant
Hyundai Motor India commences engine production at Talegaon plant On June 16, Hyundai Motor India Limited announced that it had commenced production of passenger vehicle engines at its Talegaon plant in Pune, Maharashtra. The facility is located at Plot No. A-16, MIDC, Talegaon Industrial Area, Phase II Expansion, Tehsil Maval, Dist. Pune 410507. An update on the start of passenger vehicle production at the Talegaon plant will be shared in due c...
News Updated at: 2025/06/16
Daido Metal to achieve operating profit margin level of 10% by FY2030
Daido Metal to achieve operating profit margin level of 10% by FY2030 Daido Metal Co., Ltd. (Daido Metal) is aiming to achieve an operating profit margin level of 10%, up from the present 5.2%, at an early stage by fiscal Year 2030 (ending in March 2031), the final year of its new midterm plan. Aiming to eliminate unprofitable business, it will transfer automotive engine bearing production facilities from its plant in Czech Republic to Montenegro...
News Updated at: 2025/06/16
Honda to invest in Rapidus for stable procurement of semiconductors
Honda to invest in Rapidus for stable procurement of semiconductors Honda Motor Co., Ltd. (Honda) has decided to invest in Rapidus Corporation (Rapidus), which aims to start the mass production of next-generation semiconductors. Honda is expected to invest several billion yen in the second half of the fiscal year 2025 (from October 2025 to March 2026). Honda, which has been developing next-generation vehicles, aims to secure the stable procuremen...
News Updated at: 2025/06/12
GWM confirms Haval H9 SUV and Poer P30 production for August 2025 in Brazil
GWM confirms Haval H9 SUV and Poer P30 production for August 2025 in Brazil On June 11, GWM Brazil confirmed that it will begin local production of the Haval H9 SUV and the Poer P30 pickup at its Iracemápolis plant. Production is expected to start in August, with initial deliveries expected in September. Both vehicles share a 2.4-liter turbo diesel engine, delivering 186 hp in Asian markets, a 9-speed automatic transmission, and three traction m...
News Updated at: 2025/06/12
Jatco to offer early retirement and outplacement assistance
Jatco to offer early retirement and outplacement assistance Jatco Ltd. (Jatco) has decided to implement an early retirement scheme, targeting its non-manufacturing workers who are 40 years old or older and have five or more years of service with the company. There is no set duration or goal in terms of the number of applicants to the program. Jatco will offer an early retirement bonus and outplacement assistance to the applicants. A company spoke...
News Updated at: 2025/06/10
Hyundai assembles light-duty truck in Kazakhstan
Hyundai assembles light-duty truck in Kazakhstan On May 23, Astana Motors announced that Hyundai Trans Almaty, a subsidiary of Astana Motors is producing light-duty truck Hyundai Porter in the Almaty plant. Its sales will start in June 2025 at all Hyundai dealerships in Kazakhstan. The starting price is from KZT 14 million. It is powered by a 2.5-liter (130 hp) turbocharged D4CB diesel engine mated to a new 6-speed manual transmission. It has a...
News Updated at: 2025/06/04