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GM signs multi-year agreement with Noveon Magnetics for U.S.-made rare earth magnets
supply agreement with General Motors to provide rare earth magnets for a wide range of vehicle components. Noveon started production prior to the development of the agreement and began rear earth magnet deliveries to GM in July 2025. Under the supply agreement, Noveon’s rare earth magnets will be used on GM’s full-size SUVs and trucks. Noveon is the only operational manufacturer of sintered NdFeB rare earth magnets in the U.S., providing a do...
News Updated at: 2025/08/07
Amazon Autos expands online vehicle purchasing service to include pre-owned models
Amazon Autos expands online vehicle purchasing service to include pre-owned models On August 4, 2025, Amazon Autos announced that it is expanding its online sale services to include used and certified pre-owned (CPO) vehicles. Amazon Autos will begin offering used and CPO vehicles in Los Angeles and will slowly expand its used vehicle offerings to other cities in the coming months. The Amazon Autos service launched in December 2024 and has partic...
News Updated at: 2025/08/07
Lyft completes acquisition of FREENOW multi-mobility platform
Lyft completes acquisition of FREENOW multi-mobility platform On July 31, 2025, Lyft, Inc. announced that it had completed the acquisition of FREENOW, a mobility-as-a-service platform with operations focused primarily in Europe. FREENOW is a taxi app that provides access to multi-mobility options including taxis, private vehicles, car sharing, e-scooters, and e-bikes within a single app. The acquisition creates one of the largest global multi-mob...
News Updated at: 2025/08/07
Hyundai Motor India deploys IIOT, AI, and AR/VR for advanced manufacturing and training
by digitally connecting over 2,000 critical pieces of equipment to its IIOT network, generating 19 billion data points annually. By leveraging AI, machine learning, and deep learning, the company deploys this data for real-time decision-making and quality management, with AI and computer vision now used for defect inspection and detection, including car rear lamp and exterior parts. Operationally, Hyundai uses in-house developed AR and VR modules...
News Updated at: 2025/08/06
Nissan to start joint field testing for autonomous mobility services in Yokohama in November
ar ending in March 2026 (FY2025) and FY2026. Moplus Inc. (Chiyoda Ward, Tokyo), a 50:50 joint venture established in March 2025 between Nissan and Mitsubishi Corporation, will also join the project. Nissan unveiled a new test vehicle for autonomous mobility services in March 2025. The test vehicles used are Nissan Serena minivans equipped with 14 cameras, 9 radars, and 6 LiDARs (laser scanners). Compared to its previous test vehicle based on the ...
News Updated at: 2025/08/05
Allison 4000 Series transmission available on CARB-compliant PACCAR MX-13 engine
or Kenworth T880 and Peterbilt Model 567 truck models. The Allison 4000 Series is the only fully automatic transmission available with the MX-13 engine that is CARB-compliant and the pairing is designed to optimize performance and reduce NOx emissions. The Allison 4000 Series transmission is widely used across multiple commercial vehicle applications, and is available in various configurations, offering six or seven forward gears depending on the...
News Updated at: 2025/08/05
Maruti Suzuki, India expands business scope to include drones, EV infrastructure, and used vehicle services
Maruti Suzuki, India expands business scope to include drones, EV infrastructure, and used vehicle services On July 31, 2025, Maruti Suzuki India Limited (MSIL) announced that its board approved amendments to the object clause of its memorandum of association (MoA). The amendments include the removal of the clause related to the acquisition of Maruti Ltd.’s undertakings from the Government of India, as this transaction is now complete. The main...
News Updated at: 2025/08/04
BMW iX3 Neue Klasse sets new sustainability benchmark with recycled materials, production, and efficient design
y 35% through using recycled materials, renewable energy, and smart design innovations. The iX3 follows BMW’s “Design for Circularity” concept. This includes using more recycled materials, choosing smarter materials, and designing parts for easy disassembly. Overall, a third of the materials used in the iX3 are recycled. One example is the Econeer seat cover, made entirely from recycled PET plastic, including the fabric, adhesive, and lini...
News Updated at: 2025/08/04
CARIAD unveils smart routing system for EVs with real-time charging
hich brands can customize and link to their apps. It uses the car’s VIN (Vehicle Identification Number) to sync trip details between phone and car. The app even adjusts to local features—for example, hiding “Plug & Charge” options in countries where it’s not available. The routing engine, used in both vehicles and mobile apps, calculates the best route based on the specific vehicle's energy use and charging needs. It works across differ...
News Updated at: 2025/08/04
Terrafame, Finland plans layoffs in battery chemicals business
l depend on the development of the battery chemicals market. The change negotiations will begin on August 1, 2025. In 2025, Terrafame’s business is affected by the slower-than-estimated progress of the electrification of mobility, especially in Europe, combined with a low market price of nickel used in battery chemicals, as well as a weak US dollar exchange rate. Based on Terrafame press release ...
News Updated at: 2025/08/01
KLM delivers 200 BRT buses to Tanzania
KLM delivers 200 BRT buses to Tanzania On July 26, Xiamen King Long Motor Group Co., Ltd. (KLM) announced the recent delivery of 200 BRT (Bus Rapid Transit) buses to Tanzania. This marks China’s largest volume of BRT bus exports to Africa in 2025. The first batch of these 18m-long buses is expected to arrive in Tanzania in mid-August and be used for the second phase of a DART (Dar Rapid Transit Agency) project in September. From a KLM press rel...
News Updated at: 2025/08/01
BorgWarner secures eHeater contracts for hybrids with two global OEMs
obal OEMs to supply high-voltage coolant heater (HVCH) technology for plug-in hybrid electric vehicle (PHEV) platforms. One of the wins marks BorgWarner’s first eHeater for a hybrid program with the respective legacy automaker, expanding its existing business. The 400V technology is planned to be used across the OEMs’ PHEV platforms, with production expected to begin in 2028. A second 800V HVCH contract with a different global OEM builds on...
News Updated at: 2025/08/01
BorgWarner wins turbocharger business for global OEM’s commercial vehicles
BorgWarner wins turbocharger business for global OEM’s commercial vehicles On July 31, BorgWarner announced it has secured two significant turbocharger business wins for a major global OEM’s next-gen vehicles in Europe and North America. BorgWarner will supply its wastegate gasoline turbocharger for 1.0-liter engines used in next-gen compact and light commercial combustion and hybrid vehicles in Europe. Production is scheduled to begin in A...
News Updated at: 2025/08/01
Mikroak to expand production facilities in Bulgaria
Mikroak to expand production facilities in Bulgaria On July 25, the Investment Bulgaria Agency awarded a Class A certificate to Mikroak Ltd. The project envisages the expansion of the company's production facilities in the town of Botevgrad. The company specializes in the production and trade of connectors, electromechanical components, and metal products, widely used in automotive, television, and audio engineering. Based on press release from...
News Updated at: 2025/07/31
U.S. places universal 50% tariff on copper imports beginning August 1
U.S. places universal 50% tariff on copper imports beginning August 1 On July 30, U.S. President Trump signed an order imposing a universal 50% tariff on copper imports that goes into effect on August 1. The administration frames it as a national security issue as copper is used in a range of defense systems, including aircraft, ground vehicles, ships, submarines, missiles, and ammunition. The Trump administration says that the new duties, which ...
News Updated at: 2025/07/31
Tesla, LGES reported to sign USD 4.3 billion deal for U.S. LFP batteries
pplying lithium iron phosphate (LFP) batteries from its U.S. battery cell plant in Holland, Michigan. LG Energy Solution announced earlier that it had signed a USD 4.3 billion contract to supply LFP batteries from August 2027 to July 2030, without identifying the customer or saying if they would be used in vehicles or energy storage systems. The company said last week it would try to offset sluggish electric vehicle (EV) demand by increasing sale...
News Updated at: 2025/07/31
ZF Commercial Vehicle Control Systems India updates about technology upgrades made during FY 2024-25
ZF Commercial Vehicle Control Systems India updates about technology upgrades made during FY 2024-25 In its FY 2024-25 annual report, ZF Commercial Vehicle Control Systems India Limited announced that it updated its Electronics and Electro-mechanics Testing Lab by adding a hemianechoic chamber and a high-capacity compressor test facility. These were used for validating solutions in Automated, Connected, and Electric (ACE) mobility. The company co...
News Updated at: 2025/07/30
Tolins Tyres, India incorporates subsidiary for tire recycling
Tolins Tyres, India incorporates subsidiary for tire recycling On July 29, Tolins Tyres Limited, a wholly owned subsidiary of the company, incorporated a new entity named Terra Rubber Private Limited in Kerala, India. The subsidiary will engage in the collection, segregation, processing, recycling, and disposal of used, scrap, or waste tires, rubber products, and related materials. These activities will be carried out using mechanical, thermal, c...
News Updated at: 2025/07/30
AZL Aachen, Germany launches joint project to advance fire testing for EV battery casings
nched a new joint partner project called “Thermal Runaway Testing for Battery Casings – Benchmarking Systems for High-Gradient Heating and Hot Particle Blasting.” The project aims to develop a realistic and consistent fire testing environment for evaluating structural and functional materials used in EV battery housings. The project focuses on creating a new test setup that combines intense flame exposure and hot particle impact to simulate...
News Updated at: 2025/07/30
BMW Group Thailand and partners expand ReVolt EV battery reuse and circularity project
BMW Group Thailand and partners expand ReVolt EV battery reuse and circularity project Announced on July 23, 2025, BMW Group Thailand, Cherdchai Autohaus, and Suranaree University of Technology (SUT) signed a Memorandum of Understanding (MoU) to scale up ReVolt, an award-winning initiative that repurposes used EV batteries into sustainable energy solutions. SUT will lead efforts to (i) reuse lithium-ion batteries for second-life applications and ...
News Updated at: 2025/07/29