be established on the land adjacent to the Sixth of October Dry Port in the industrial and logistics zone in New October City, Giza Governorate. It will see an investment of EGP 6.3 billion and create 1,000 job opportunities. The company aims to export at least 50% of the production volume. It will target the production of 50,000 vehicles over a period of five years. The targeted local component rate will start from 42%.  Based on social media u...

News  Updated at: 2025/12/18

ion as an exhibitor at CES 2026. Driven by the concept of "INTEGRATION" x "Collaboration," MinebeaMitsumi aims to promote its cutting-edge precision components to the global market at this event. MinebeaMitsumi will bring its future-oriented solutions like precision components and technologies that target high-growth sectors, such as humanoid robots, fully autonomous driving, and drones, etc. It has products like a cartridge bearing, BLDC motor, ...

News  Updated at: 2025/12/17

lo Ebrard defended the tariffs by stating that imported Chinese vehicles have generated no real benefit for Mexico, stressing that fully built imports undermine an automotive industry that supports roughly 1.3 million jobs. He emphasized that the measure seeks to level the playing field rather than target any specific country. Within the automotive industry, some organizations like AMIA expressed general support for the tariff reform, especially ...

News  Updated at: 2025/12/17

EU presents Automotive Package, to ease ICE bans after 2035 On December 16, European Commission presented the Automotive Package that supports the sector’s efforts in the transition to clean mobility.  It presents a review of the existing CO2 emission standards for cars and vans. From 2035 onwards, carmakers will need to comply with a 90% tailpipe emissions reduction target, while the remaining 10% emissions will need to be compensated through...

News  Updated at: 2025/12/17

AB Dynamics, UK launches GST 120 Plus for Euro NCAP 2026 ADAS testing On December 8, AB Dynamics, UK, launched the GST 120 Plus, the first ADAS target platform able to meet the higher speed requirements of Euro NCAP’s 2026 tests. It is a self-driving platform that carries a full vehicle target for ADAS and autonomous testing and works with DRI’s Soft Car 360 target. It is based on the existing GST 120, the new Plus version is specially design...

News  Updated at: 2025/12/16

DFCV sets sales target for 2026 at 176,000 units On December 12, Dongfeng Commercial Vehicle Co., Ltd. (DFCV) announced the recent holding of a 2026 partner conference in Chongqing. In 2026, DFCV will center on “sales scale expansion” and “profitability enhancement” to strive for an annual sales target of 176,000 units. Furthermore, DFCV will develop and launch 214 new products encompassing the tractor, freight vehicle, engineering vehicl...

News  Updated at: 2025/12/16

EU to amend European climate law (ECL), to introduce intermediate climate target for 2040 On December 10, the Council presidency and the European Parliament’s representatives reached a provisional agreement on amending the European climate law (ECL), introducing a binding intermediate climate target for 2040 of a 90% reduction in net greenhouse gas (GHG) emissions compared to 1990 levels. The agreement also confirms postponing the start of the ...

News  Updated at: 2025/12/11

signing of a strategic cooperation framework agreement with Singapore’s SATOMAS Energy Pte. Ltd. (SATOMAS Energy) in Hong Kong. Centering on the Southeast Asian and Hong Kong markets, the two companies will conduct in-depth cooperation in the new energy commercial vehicle sector. An annual sales target of 300 units has been set for the coming three years. Under the agreement, the two companies will, with focus on empowerment for products and c...

News  Updated at: 2025/12/11

Benteler expands its casthouse at Raufoss plant in Norway for more sustainable production Benteler Group has completed a comprehensive modernization of its casthouse at the Raufoss plant in Norway. This investment increases the site’s use of recycled aluminum from around 30% to approximately 40%, with a target of 50% by 2030. The upgrade, part of the “BAR Green” project launched in 2023, also reduces CO₂ emissions across the production pr...

News  Updated at: 2025/12/10

ide’s AI-driving technology. The project will be jointly supervised by the TGA. The partnership will include vehicle deployment, safety officer training, and data integration between both companies. The manufacturing, shipment, and customs clearance will begin immediately after signing, with the target launch in the first half of 2026.  Based on inDrive press release...

News  Updated at: 2025/12/09

ic EV charging stations, and the Ministry of Power’s 2024 guidelines make EV charging an unlicensed activity open to private players while setting standards for interoperable charging and battery‑swapping networks.​ On the vehicle side, the government said there is no formal national EV sales target, but several schemes are in place to support adoption and manufacturing, including the Scheme for Promotion of Manufacturing of Electric Passen...

News  Updated at: 2025/12/09

s (e.g., Pickups, key SUVs) while deprioritizing low volume Passenger Cars. Consumer trade offs: The reduced variety from Japanese manufacturers creates opportunities for: Chinese OEMs to fill product gaps, especially in EVs and entry/mid passenger segments. Non Japanese and non Chinese brands to target niches in Premium or specialty segments. In practice, overall choice may not shrink, but the composition of that choice is shifting away from ...

News  Updated at: 2025/12/09

m Long Motor and YUCHAI Group introduce automated machining for key engine parts, increase localization of brackets and support components, and establish forging–stamping and casting operations, forming a comprehensive industrial support chain within the Hue complex. These investments advance the target of 80% localized engine production and reinforce the Hue Industrial Park’s ambition to become a leading automotive manufacturing hub in South...

News  Updated at: 2025/12/09

Thai EA’s Nex Point boosts commercial EV drive, debuts Nex Vantastic e-cargo van Reported on December 3, 2025, SET-listed Energy Absolute (EA) Plc, through subsidiary Nex Point Plc, is intensifying its push into Thailand’s fleet EV market with a 2,500-unit sales target for 2026 as it positions itself as a key commercial EV player in the region.  Nex Point, maker of Nex and Mine EVs, is focusing on corporate and government fleets moving towar...

News  Updated at: 2025/12/09

rence, Lucid Group Chief Financial Officer Taoufiq Boussaid said that Lucid’s upcoming midsize electric SUV, expected to be named the Lucid Earth, will be made first in Saudi Arabia. The midsize platform is aimed at underpinning three different cars with three different top hats and launch with a target of USD 50,000. Midsize production will initially be in Saudi Arabia, with U.S. production in Casa Grande, Arizona to follow. Boussaid said that...

News  Updated at: 2025/12/09

els and capacitive pads to major OEMs in India. Post‑closing, SPRL will expand into product areas independent of powertrain technologies and will enter into a technology licensing agreement with Grupo Antolin to retain access to advanced technologies and new product development support. The three target companies are engaged in manufacturing and supplying automotive interior components and systems to vehicle manufacturers in India, and the deal...

News  Updated at: 2025/12/05

ith a hybrid system that pairs a newly developed 4.0-liter, V8 twin-turbo engine and a single electric motor, combined with a newly developed 8-speed automatic transmission. The system delivers maximum output of 650 PS or greater and maximum system torque of 850 Nm or greater (prototype development target values). Attention was paid to adopting a front-engine, rear-wheel-drive layout for ease of handling when driving the vehicle to its limit. Its...

News  Updated at: 2025/12/05

GAIKINDO reduces 2025 auto sales target as market pressures mount in Indonesia Reported on December 3, 2025, the Association of Indonesian Automotive Industries (GAIKINDO) has lowered its 2025 car sales forecast to 780,000 units amid a volatile market. Since early 2025, various challenges have weighed on Indoneisa’s four-wheeled vehicle segment, prompting the adjustment. GAIKINDO’s Chairman I did not provide details on the rationale behind th...

News  Updated at: 2025/12/04

BMW Group sets new climate target for 2035 On December 2, BMW Group announced a new 2035 milestone to advance its decarbonization strategy, aiming to reduce CO2e emissions by at least 60 million metric tons compared to 2019 levels, an increase of 20 million metric tons more than its previous 2030 target. The strategy covers the entire vehicle life cycle and includes the vehicle supply chain, production, and use phase. Key measures include expandi...

News  Updated at: 2025/12/03

Volkswagen Navarra expands 2026 plans with higher production output On November 27, multiple sources reported that Volkswagen Navarra has raised its 2026 production target by 16,000 units, reaching 256,347 cars. The plant will still undergo major upgrades late next year to prepare for building the new Skoda Epiq and Volkswagen ID. Cross electric models. The company also announced a temporary layoff plan (ERTE) for the second quarter of next year,...

News  Updated at: 2025/11/28