NMG advances Phase-2 Graphite projects to support North American EV supply Nouveau Monde Graphite (NMG) is progressing its Phase-2 Matawinie Mine and Phase-2 Bécancour Battery Material Plant toward final investment decisions, aligning engineering, construction, and financing efforts. The projects aim to supply high-purity graphite for the rapidly growing North American EV and energy storage markets, benefiting from U.S. tariffs that improve comp...

News  Updated at: 2025/08/19

Tata’s acquisition of IVECO: a defining moment for Europe’s commercial vehicle sector Truck industry observers have long speculated about the first takeover of a European OEM by an Asian Group—with IVECO, following the spin-off from CNH Industrial in 2022, very much in the focus of the speculation. The historic moment arrived with the announcement of Tata Motors’ €3.8 billion ($4.4 billion) all cash voluntary tender offer to acquire I...

News  Updated at: 2025/08/08

Bosch launches advanced radar SoCs to boost ADAS performance On July 29, Bosch introduced two new system-on-chips (SoCs), the SX600 and SX601, designed to power the next generation of advanced driver-assistance systems (ADAS). Built on 22nm RF CMOS technology, the chips combine high computing power with improved object detection range and resolution. Both SoCs enable key SAE Level 2+ functions such as automatic emergency braking, adaptive cruise ...

News  Updated at: 2025/08/07

Tier IV unveils new E2E autonomous driving platform Tier IV, Inc. (Tier IV, Shinagawa Ward, Tokyo) announced that it has released its proprietary end-to-end (E2E) autonomous driving platform that controls driving by utilizing artificial intelligence (AI). The company will gradually introduce this technology into field testing at 50 locations across Japan by the spring of 2026 to verify the effectiveness of E2E autonomous driving. Tier IV has unve...

News  Updated at: 2025/08/04

Endurance Technologies, India advances R&D in EV die-casting, braking, transmission, and suspension systems In its annual report for FY2024-25, Endurance Technologies Limited reported a total R&D expenditure of INR 861.96 million.  At the Chakan R&D centre (die-casting), Endurance developed structural aluminium components for EV OEMs and Tier 1 suppliers, along with special alloy parts for EVs and components for stationary engines. Process impro...

News  Updated at: 2025/07/22

Nissan’s announcement of production transfer from Oppama Plant raises concerns among parts suppliers Nissan Motor Co., Ltd. (Nissan) has decided to end vehicle production at its main Oppama Plant (Yokosuka City, Kanagawa Prefecture) at the end of fiscal year 2027. Because of this, there are growing concerns about the future among parts suppliers that have a plant in Kanagawa Prefecture and surrounding areas. Since Nissan will transfer the produ...

News  Updated at: 2025/07/17

TactoTek, Finland partners with TK Group for automotive IMSE film supply chain in China On July 10, TactoTek announced that TK Group (Holdings) Limited, a precision molding company, has joined its IMSE ecosystem as a licensee. The partnership establishes the first automotive-grade IMSE functional film supply chain in China and positions TK Group as a global Tier 1 supplier of finished IMSE products for non-automotive markets. Under the agreement,...

News  Updated at: 2025/07/11

SK Tec inaugurates expansion in Mexico On July 9, it was reported that Japan-based auto parts manufacturer SK Tec inaugurated the expansion of its plant in Irapuato, Mexico, following an investment of USD 19.8 million. The expansion strengthens the company’s role as a Tier 2 supplier in the Mexican automotive value chain and is expected to generate 80 specialized jobs. SK Tec employs 200 workers and focuses on stamping, welding, assembly, and p...

News  Updated at: 2025/07/11

Neo, Canada secures rare earth magnet supply deal with European Tier 1 EV supplier On July 9, Neo Performance Materials Inc. (Neo) announced that it has secured a supply contract for a new platform of permanent rare earth magnets with a leading European Tier 1 supplier of electric vehicle (EV) traction motors for a major OEM. The magnets will be supplied from Neo’s new rare earth magnet plant in Narva, Estonia. The project is expected to gener...

News  Updated at: 2025/07/10

Calterah, China expands operations in Europe, opens office in Germany On July 3, Calterah Semiconductor announced a new office in Munich to enhance on-site engineering support and address the needs of European OEMs and Tier-1 suppliers in the automotive sector. Calterah has already cooperated with several European Tier-1 players, with radar chips supplied for different vehicle models. The Munich subsidiary aims to further intensify development pa...

News  Updated at: 2025/07/04

US Applied Intuition aiming to become extensive tier-1 software supplier with focus on partnerships with Japanese automakers Applied Intuition (California), a US startup of autonomous driving software and simulation tools, held a press conference in Tokyo on June 2 to announce its activities in the global and Japanese markets. The company is collaborating with Isuzu Motors Limited (Isuzu) and others. Qasar Younis, co-founder and Chief Executive O...

News  Updated at: 2025/07/04

performance and safety in EVs, energy storage systems, and 48V battery management systems. Built on NXP's new architecture with dedicated analog-to-digital converters (ADC) per channel, the ICs offer PIN-to-PIN compatibility across variants and comply with both automotive ASIL-C and industrial SIL-2 functional safety standards. The solution reduces the need for external components by up to 50%, lowering system costs for OEMs and tier 1 suppliers...

News  Updated at: 2025/07/03

Tier IV and newmo to collaborate to start autonomous taxi business in Osaka, Japan Tier IV, Inc. (Tier IV, Shinagawa Ward, Tokyo) and newmo, Inc., a taxi and ride-sharing service provider (Minato Ward, Tokyo), announced on July 2 that they will cooperate to commercialize an autonomous taxi business in Japan. They aim to start an autonomous taxi business in Osaka by utilizing more than 1,000 taxi vehicles owned by newmo as a foundation. To begin w...

News  Updated at: 2025/07/03

All-new Hyundai Kona Hybrid SUV launched in Philippines Reported on June 20, 2025, Hyundai Motor Philippines has relaunched the Kona SUV as a hybrid model, marking the return of the popular nameplate with electrified power as standard. The all-new Kona HEV is offered in 2 variants, with prices starting from PHP 1.528 million. The 2025 Kona Hybrid powered by a 1.6L Smartstream G engine with an electric motor, delivering a combined output of 141 hp...

News  Updated at: 2025/06/25

Marelli does business with 1,731 suppliers in Japan A survey conducted by Teikoku Databank, Ltd. has revealed that there are 1,731 suppliers dealing with Marelli Holding Co., Ltd. (Marelli) or Marelli Group companies, which have gone bankrupt, in Japan. The total amount of their dealings is estimated to be JPY 260.04 billion, and the number of relevant employees is about 287,000. The impact on such suppliers is a matter of concern if the reconstr...

News  Updated at: 2025/06/24

Neo Performance Materials presents permanent magnet produced in Estonia On June 18, Neo Performance Materials Inc. announced that its Made-in-Europe permanent magnet, produced in Estonia, was showcased by the EU Commission President during the 2025 G7 Summit. These magnets are the first Made-in-Europe magnets to meet the specifications of Tier 1 traction motor manufacturers and major automotive OEMs. Neo’s new Estonia facility marks substantial...

News  Updated at: 2025/06/19

TVS Motor, India signs MoU with Kadam Mobility for electric three-wheelers On June 3, TVS Motor Company signed a Memorandum of Understanding (MoU) with Kadam Mobility, an EV-first fleet and infrastructure platform, to deploy 500 TVS King EV MAX electric three-wheelers during FY 2025–26 (ending March 31, 2026).  This partnership aims to strengthen sustainable public mobility across India’s metros and Tier 1 cities. Kadam Mobility will roll ou...

News  Updated at: 2025/06/03

TYW Manufacturing inaugurates new plant in Mexico On June 2, TYW Manufacturing inaugurated a new plant in Irapuato, Guanajuato, with an investment exceeding USD 50 million.   The facility will produce components and digital dashboards for Kia and Stellantis and is expected to generate 1,000 direct jobs, including 650 for women and 350 for men from Irapuato, Abasolo, and Pénjamo.   According to Guanajuato's Secretary of Economy, Claudia Cristin...

News  Updated at: 2025/06/03

GAC officially launches and presents new models in Brazil On May 23, GAC held the Brazil Brand Launch and New Models Unveiling Event at the Anhembi District in São Paulo, unveiling its "Brazil Action Plan" – the first substantive implementation of "One GAC 2.0" global strategy in Latin America. The "Brazil Action Plan" focuses on four long-term directions: full industry chain deployment, energy ecosystems, talent development, and cultural inte...

News  Updated at: 2025/05/28

SUBCON Thailand 2025 spurs strong trade, xEV parts deals reach THB 3.65 billion Announced on May 20, 2025, Thailand’s Board of Investment (BOI) reported strong results from the 19th SUBCON Thailand 2025, held from May 14–17. The event drew over 46,000 attendees and 68 buyer delegations from 13 countries, resulting in 9,975 business matching sessions and projected trade value exceeding THB 22 billion in industrial parts. A special activity, th...

News  Updated at: 2025/05/27