ustion engines, particularly PM2.5, aligning industrial growth with environmental protection. The Minister emphasized the advancement of clean automotive technologies as a cornerstone for reshaping the Thai auto industry into a regional EV hub, in line with the Green Economy vision. To support this transformation, the government is utilizing BOI investment incentives to promote environmentally friendly production, raise industrial standards, and ...

News  Updated at: 2025/06/06

l year ending March 31, 2028 (FY 2027) and its vision for FY 2030. It aims to achieve an operating income of JPY 5 billion in FY 2027, an eightfold increase from the FY 2024 result. The company will reduce additional investments and improve the profitability of its existing business through digital transformation (DX) and other approaches. It plans to launch new electrification products in pursuit of the vision for FY 2030 by leveraging its core ...

News  Updated at: 2025/06/04

Japanese government to reconsider mobility DX strategy with concerns over delayed development Japan’s Ministry of Economy, Trade and Industry will reconsider its “mobility digital transformation (DX) strategy” it announced in May 2024. While only a year has passed since the previous announcement, the Ministry decided that it is necessary to flexibly review its policy, since intelligence development is increasingly competitive. The mobility ...

News  Updated at: 2025/06/02

MMVN partners with Vingroup subsidiaries to boost green energy and EV adoption in Vietnam On May 26, 2025, MM Mega Market Vietnam (MMVN) announced a strategic partnership with 3 companies under Vingroup JSC to support Vietnam's green transformation. The collaboration targets 3 areas: energy storage systems, electric vehicle (EV) adoption, and EV charging infrastructure. MMVN and (i) VinEnergo will pilot energy storage systems in Q3 2025, with a b...

News  Updated at: 2025/05/30

GAC Group deepens cooperation on intelligentization with Alibaba Cloud, Huawei On May 27, GAC Group announced that it has been building Golink, a proprietary AI eco-chain, by conducting in-depth cooperation with top technology enterprises such as Alibaba Cloud and Huawei to accelerate “data- and AI-driven” transformation. GAC Group concluded multiple cooperation agreements with Alibaba Cloud for expansion of markets outside of China in areas ...

News  Updated at: 2025/05/30

rk on a new chapter of in-depth IUR (Industry-University-Research) cooperation. Under the agreement, the two parties will focus on conducting in-depth cooperation in areas such as R&D and application of new materials, innovation of lightweight technology, upgrading of intelligent manufacturing, and transformation of IUR achievements to promote continuous technology breakthroughs in China’s New Energy Vehicle industry. Concurrently, they will es...

News  Updated at: 2025/05/30

GM to introduce EVs and hands-free driving technology in Middle East On May 26, GM Africa and Middle East announced that it is accelerating its transformation in the Middle East by introducing the region’s widest range of electric vehicles and advancing its vision for personal autonomous mobility. GM will offer a mix of electric and internal combustion engine (ICE) vehicles to meet different market needs. It will also introduce Super Cruise, it...

News  Updated at: 2025/05/28

Vibracoustic chooses DXC Technology to drive global business transformation with SAP DXC Technology (DXC) announced a five-year IT services agreement with Vibracoustic SE (Vibracoustic), a group company of Freudenberg SE, to transform its SAP environment and modernize global IT operations. DXC will take responsibility for Vibracoustic’s global SAP Application Development and Management Services (ADMS) across 17 countries and over 30 manufacturi...

News  Updated at: 2025/05/27

Abdul Latif Jameel and Uber sign MoU to advance urban mobility in Saudi Arabia On May 26, Abdul Latif Jameel signed a Memorandum of Understanding (MoU) with Uber Technologies, Inc. to explore the development of a scalable, next-generation fleet operations platform across traditional ride-hailing and autonomous mobility. The MoU aims to help accelerate the transformation of urban mobility across Saudi Arabia, including through the deployment of Au...

News  Updated at: 2025/05/26

, 2025. Prior to the start of construction, Toyota held a groundbreaking ceremony on May 23. The company will open a new Tokyo Head Office in FY2030 (fiscal year ending March 2030) in a planned building located in front of Shinagawa Station. The new Tokyo Head Office will be a key base for Toyota's transformation into a mobility company and also serve as a center for collaborative creation with a diverse group of partners both inside and outside ...

News  Updated at: 2025/05/26

a long-term supply agreement. Goodyear will retain its Chemical facilities in Niagara Falls, New York, and Bayport, Texas. The transaction is expected to close by late 2025. Goodyear intends to use transaction proceeds to reduce leverage and fund initiatives in connection with the Goodyear Forward transformation plan. (Goodyear Tire & Rubber release on May 23, 2025)...

News  Updated at: 2025/05/24

NWTN announces AI industrial park project in Abu Dhabi, UAE On May 21, NWTN Inc. launched the "NWTN AI Industrial Park" (NAIP) Project. The project is in Khalifa Economic Zones Abu Dhabi (KEZAD), covering approximately 130,000 square meters, signaling the start of NWTN's transformation from a new energy vehicle manufacturer to a global intelligent technology producer and enabler. The NAIP project will feature two main zones: a Global Logistic Par...

News  Updated at: 2025/05/23

ergy networks and establish a closed-loop zero-carbon ecosystem across the entire battery lifecycle from manufacturing to use to recycling. This year, CATL aims to achieve carbon neutrality at all its factories. The company is actively developing technologies and solutions to support the New Energy transformation of traditional industries such as the steel, cement, and chemical industries. (From a CATL press release dated May 20, 2025)...

News  Updated at: 2025/05/22

ill: establish an AI ecosystem and drive the development of related industries; build an AI data annotation site and cultivate data element professionals; create large model applications for areas such as government affairs, healthcare, education, industry, and transportation to empower the digital transformation of traditional industries; and explore cooperation in the field of unmanned driving and validate unmanned driving technology. (From a B...

News  Updated at: 2025/05/22

ACEA pushes for AI based vehicle data framework to increase EU automotive innovation On May 19, the European Automobile Manufacturers’ Association (ACEA) announced that it is calling for stronger cooperation, standardisation, and an industry-led framework to improve access to vehicle data for artificial intelligence (AI). This move aims to support the digital transformation of Europe’s automotive sector and maintain its global competitiveness...

News  Updated at: 2025/05/20

BMW launches AI-powered tools to streamline global purchasing operations On May 19, BMW announced that it is increasing digitalization in its Purchasing and Supplier Network using generative AI. To make operations more efficient and future-ready, BMW is speeding up its digital transformation with help from its IT hub in Romania. The hub is becoming a key center for AI expertise, with a growing team developing advanced GenAI tools to improve inter...

News  Updated at: 2025/05/19

lysis helps detect cyber threats early, while digital process controls and connected systems improve productivity and quality. The “Shopfloor.Digital” program aims to unify production processes and IT systems across all 30 BMW plants. Landshut plays a central role in this cloud-based, AI-driven transformation. Digital lean management tools include digital process mapping, disruption tracking, and value stream management to enhance efficiency....

News  Updated at: 2025/05/16

EU to support automotive industry through Horizon Europe program On May 14, the European Commission announced that it is investing over EUR 7.3 billion through its newly adopted Horizon Europe work program for 2025 to strengthen Europe's research and innovation engine and global edge. For automotive research and innovation, the 2025 work program aims to support the transformation of the European automotive industry through research and innovation...

News  Updated at: 2025/05/16

tive, and geared up for the future. Both parties have reaffirmed their goal of avoiding redundancies for operational reasons. Key measures include reducing production capacity to a shipping level of between 8.7 and 9 million metric tons due to market conditions, and continuing the company’s green transformation with the construction of a direct reduction plant. The parties also agreed to avoid an immediate closure of the Eichen plant in Kreuzta...

News  Updated at: 2025/05/15

uarantees to unlock GBP 680 million in funding from major banks like Standard Chartered, HSBC, SMBC Group, Société Générale, and BBVA. An extra GBP 320 million has been raised from private investors and new equity from AESC. Apart from the GBP 1 billion investment, the Government’s Automotive Transformation Fund is also investing GBP 150 million in grant funding. Based on UK Government press release...

News  Updated at: 2025/05/12