. A proposal has called for conducting a tender offer bid (TOB) through a contribution from Toyota and Toyota Group companies. Since Toyota Industries’ stock is worth JPY 4.3 trillion based on its closing price on April 25 and the purchase amount can be several JPY trillions, whether the TOB will succeed is uncertain. Toyota Industries commented by April 26 that, “While the Company is considering all possibilities including capital management...

News  Updated at: 2025/04/28

the near-term market demand for EVs, which has also led Karma to postpone the launch of the fully-electric Karma Kaveya super-coupe until 2027. Amaris and Gyesera both utilize evolutions of the all-aluminum spaceframe architecture originated by the Karma Revero. Upon its introduction, Gyesera will succeed the Revero. (Karma press release on March 20, 2025)  ...

News  Updated at: 2025/03/22

deliveries will begin as soon as May, with the price set at JPY 11 million (USD 75,000). The Lyric has a driving range of up to 510 km and is compatible with the CHAdeMO charging infrastructure. GM Vice President John Roth said he believes the Cadillac brand is strong enough for the new release to succeed in Japan. GM is planning to launch a second EV model in Japan as early as 2026. With 13 dealerships and 24 service centers, Cadillac said it i...

News  Updated at: 2025/03/08

ngineers to apply similar principles to their work. RemotiveLabs' tools allow teams to develop and test vehicle software collaboratively in a software-first environment before deploying it to the physical hardware. This approach bridges the gap between digital and physical, empowering engineers to succeed with software defined vehicles. (Based on RemotiveLabs press release)...

News  Updated at: 2025/01/16

Kawasaki Heavy Industries and JV succeed in collection of high-purity lithium carbonate from used LIBs Kawasaki Heavy Industries, Ltd. (Kawasaki Heavy Industries) announced that it has jointly achieved stable operations of a recycling system for used automotive lithium-ion batteries (LIBs) to collect lithium carbonate with a purity of 99.5% or more, with Anhui Conch Kawasaki Energy Conservation Equipment Manufacturing Co., Ltd., its joint venture...

News  Updated at: 2024/12/19

Oki Electric Industry and Nissinbo Micro Devices succeed in three-dimensional integration of analogue ICs Oki Electric Industry Co., Ltd. (Oki Electric Industry) and Nissinbo Micro Devices Inc. (Nissinbo Micro Devices, Chuo Ward, Tokyo) announced on October 17 that they have jointly developed a “three-dimensional integration” technology that vertically laminates thin-film analogue integrated circuits (ICs) to achieve electrical connection. Th...

News  Updated at: 2024/10/18

T2 and KDDI succeed in remotely controlling autonomous driving truck in emergency stop testing T2 Inc. (T2, Chiyoda Ward, Tokyo), a developer of autonomous driving technology for heavy-duty trucks, and KDDI Corporation (KDDI) announced that they succeeded in testing to remotely monitor and conduct an emergency stop of an autonomous driving truck on the Shin-Tomei Expressway, which is currently under construction. The test was performed on the Shi...

News  Updated at: 2024/08/06

pean Battery Alliance organized its 8th high-level meeting. The goals of the 2018 Battery action plan have been reached. Europe now has 30 gigafactory projects, with a total manufacturing capacity of 167 GWh installed in 2023. They further discussed that the European battery industry must tackle to succeed in scaling up. International competition has become fiercer, with third countries like the United States or China setting up support schemes t...

News  Updated at: 2024/05/27

GlobalData blog: Can China’s tech giants succeed where Apple failed? The rising power of China automakers overseas is putting pressure on international brands More growth expected, with Q1 2024 China exports increasing by 34% Only in the Chinese auto market can internet giants successfully enter the automotive industry as US giants such as Apple abandon their plans for intelligent models The China auto market is booming. In 2023, domestic pas...

News  Updated at: 2024/05/08

ion batteries, is found only in South America and some other areas, and most of the refineries are located in China and other countries. The company claims to have constructed a sodium ion battery that uses sodium ferrite for the negative and positive electrodes, and to be the first in the world to succeed in charging and discharging using the same type of iron oxide for both the negative and positive electrodes. (From an article in the Nikkan Ji...

News  Updated at: 2024/05/07

jobs. "With this investment, Renault Korea plans to invest KRW 700 billion in the Aurora 1 and 2 projects," Stephen DeBlaze CEO said. "We are negotiating with Renault's headquarters in France to produce next-generation electric vehicle models at our factory in Busan," he added. "If the negotiations succeed, a total of KRW 1.5 trillion will be invested by 2027, including KRW 700 billion for the Aurora project." The Aurora project is Renault Korea...

News  Updated at: 2024/03/19

nt adjustments; and a well-managed working capital so it’s not a drain the cashflow. Moving forward, and not only for 2024, we expect a cashflow of EUR 0.8 bn to EUR 1 bn, and EUR 0.6 bn to EUR 0.8 bn for vans. 2. RegulationsDo you expect a softening of the regulations so that the EV ramp up can succeed?  - CEO Olla Källenius: It’s difficult to have a firm prediction about policies. We know that in Europe, there will be a review coming in ...

News  Updated at: 2024/02/26

ient. The upcoming conference aims to concentrate on coordinating strategies and needs within the industry. It seeks to encourage sustained investment in logistics technology, introduce cutting-edge data tools for enhanced visibility, and cultivate the necessary skills and adaptable work-culture to succeed despite high volatility. Joining the event is possible through registration at the official website. (ALSC official website on December 1, 202...

News  Updated at: 2023/12/02

rch and development for PT sensors designed exclusively for global electric vehicles (EVs). Before this, the company recently agreed with a tier-1 supplier of a worldwide EV manufacturer to jointly promote the development and commercialization of PT sensors. M2N is the first South Korean company to succeed in developing PT sensors. It is, reportedly, still the only PT sensor producer in the country. (Based on various releases dated October 24, 20...

News  Updated at: 2023/10/27

Yamaha Motor and Aichi Steel succeed in GMPS-based automated driving within 100 mm error Yamaha Motor Co., Ltd. (Yamaha Motor) and Aichi Steel Corporation (Aichi Steel) announced that they have succeeded in an automated driving demonstration combining green slow mobility and a global magnetic positioning system (GMPS), achieving an error margin of less than 100 mm. They conducted automated driving only with the GMPS for the first time without rel...

News  Updated at: 2023/07/05

erate the development of products for electrified vehicles. The businesses run by the four companies, Nippon Light Metal Company Ltd., Nikkeikin Aluminium Core Technology Company, Ltd., Nikkei Heat Exchanger Company, Ltd., and Nikkei Matsuo Co., Ltd., will be reorganized. Nikkei Heat Exchanger will succeed Nippon Light Metal's industrial parts and heat exchanger businesses and Nikkeikin Aluminium Core Technology’s automotive-related business, a...

News  Updated at: 2023/05/08

Continental and Security Matters succeed in verifying marker substance for natural rubber in tire Continental AG (Continental) announced that the company and Security Matters (SMX) have succeeded for the first time in verifying a marker substance for natural rubber in a tire, and throughout the entire production process. The use of marker substances, which owns special security features, enables the invisible marking of natural rubber with inform...

News  Updated at: 2022/12/09

ance, is gradually evolving from the manufacture of heat engines to the production in 2024 of French technology batteries with Automotive Cells Company (ACC), carried by Stellantis and its two partners TotalEnergies and Mercedes. At the Charleville foundry, the production of electrical casings will succeed the cylinder heads. In the Sept-Fons plant, braking parts are gradually machined instead of heat engine casings. In Caen, in Normandy, the pr...

News  Updated at: 2022/10/18

markets, whose variant with Chevrolet’s Bow Tie logo has been announced before the original Wuling model with the Global Silver logo. Chevrolet’s upcoming small car is expected to be officially unveiled shortly and could make its world debut in Mexico, its main export market. The vehicle would succeed the current Chevy Sail/Aveo as Chevrolet’s entry-level model in international markets where the Chinese-made car is still sold. (multiple so...

News  Updated at: 2022/08/09

ations to approximately 800 employees for three weeks, from August 8 to 26, at its Taubaté plant in Brazil due to a lack of components, mainly semiconductors.The Taubaté plant currently produces the Gol and Voyage models, but is preparing to produce the Polo Track starting in 2023. The model will succeed the Gol, which will soon be discontinued along with Voyage to make room for the production of a new range of compact crossovers, made on the M...

News  Updated at: 2022/07/23