) EV-related investment of JPY 5 trillion by 2030. Following the slump in BEV demand in 2024, the company revised its 2026 sales target downward to 1.5 million units → 1 million units → 800,000 units. In North America, the BEV vehicle plant in Indiana (2026) appears to remain unchanged, but the Kentucky (2025 → 2026) and North Carolina (established in 2025, final production in 2030, 30GWh) battery plants will remain focused on HEV battery p...

Market & Tech Reports  Updated at: 2025/12/01

inflators from other sites, such as China. In April 2015, in response to the Takata airbag problem, Daicel established a second manufacturing site for inflators in Mesa City, Arizona, USA, Daicel Safety Systems America Arizona, Inc. that went into production in 2016. (The first production site, in Kentucky, started production in 2002.) In May 2016, Daicel Safety Systems America Holdings, Inc. was established to oversee the inflator business in N...

Market & Tech Reports  Updated at: 2025/10/27

-vehicle business, so it will likely be necessary to expand sales to other companies in the future. The company is also taking advantage of its geographical location to receive some HVAC orders for Suzuki vehicles. On December 16, 2024, Mitsubishi Electric Corporation announced that it retrofit the Kentucky manufacturing facility of Mitsubishi Electric Automotive America, Inc., a manufacturer and distributor of automotive electrical equipment, to...

Market & Tech Reports  Updated at: 2025/10/07

n of the expansion project, TBTN expects to employ over 600 people. Through this investment, the company is proceeding with the reorganization of its production and supply system in the Americas region. In August 2023, the company announced the establishment of a new company, Toyota Boshoku Western Kentucky, LLC, in Kentucky, USA. The company aims to strengthen its competitiveness in the region by producing seat frame components in-house, the dem...

Market & Tech Reports  Updated at: 2025/09/27

d northern Morocco. This include complete exhaust systems, as well as gasoline particulate filters and catalytic converters. Americas U.S.: In December 2021, the company announced that Purem, its Exhaust Technology division, will expand its base with the construction of a new plant in Louisville, Kentucky (U.S.). The new plant covers an area of approximately 12,000 square meters. Production of diesel exhaust aftertreatment systems will begin in...

Market & Tech Reports  Updated at: 2025/06/19

lated: 14 production sites: 5 in Japan, 9 overseas (2 in the Americas, 1 in Europe, 2 in China, 4 in Asia) Breakdown: Japan 5 (Iwatsuki (disc brakes, drum brakes), Okayama (drum brakes), Yamagata (disc pads), Fukushima (linings), Tatebayashi (caliper casting materials)) Americas 2 (Glasgow Plant (Kentucky, USA), Mexico Plant) Europe 1 (Slovakia Plant) China: 2 (Guangzhou, Suzhou) Asia: 4 (Thailand 2, Indonesia 1, Vietnam 1) Business overview ...

Market & Tech Reports  Updated at: 2025/05/29

as a manufacturer specializing in explosive devices for automobiles. In 2016, China's Yinyi Group acquired 100% of ARC Automotive's shares. The company has strengths in hybrid (explosives and compressed inert gas) inflator technology and currently has manufacturing plants in the U.S. (Tennessee and Kentucky, China (Xi’an and Ningbo), Mexico, Macedonia, and Thailand. The current locations are as follows: Knoxville, Tennessee, U.S. Headquarter...

Market & Tech Reports  Updated at: 2025/04/24

orting finished vehicles from Japan.   Toyota spokesman Scott Vazin said that there is no change in the company's plan to introduce five to seven EVs in the U.S. over the next two years, and that the company plans to produce a seven-passenger SUV (model name undisclosed) at its Georgetown Plant in Kentucky starting in early 2026 and an electric SUV (details undisclosed) at its Princeton Plant in Indiana later that year. Honda: Expanding hybrid ...

Market & Tech Reports  Updated at: 2025/02/21

NCM batteries to lower-cost LFP batteries. The decision is scheduled to be made by the end of 2024 or early 2025.   Mercedes-Benz and partners to build new battery cell factories Supplier Overview Envision AESC Cell production will begin in early 2025 at the company's plant in Bowling Green, Kentucky, USA. Cell production will begin in 2026 at the Caceres Plant in Spain. CATL A second European cell plant will be built in Debrecen, Hung...

Market & Tech Reports  Updated at: 2024/12/06

ion in 2030; 2) converting all Lexus vehicles to BEVs by 2035; and 3) investing JPY 5 trillion in EVs by 2030. Concrete developments in North America have become clear over the past year. The company claims that the required content will be secured as of 2026 through investment in two BEV plants in Kentucky (2025, USD 1.3 billion) and Indiana (2026, USD 1.4 billion), production of batteries in North Carolina (ultimately over 30GWh by 2030, cumula...

Market & Tech Reports  Updated at: 2024/10/18

inflators from other sites, such as China. In April 2015, in response to the Takata airbag problem, Daicel established a second manufacturing site for inflators in Mesa City, Arizona, USA, Daicel Safety Systems America Arizona, Inc. that went into production in 2016. (The first production site, in Kentucky, started production in 2002.) In May 2016, Daicel Safety Systems America Holdings, Inc. was established to oversee the inflator business in N...

Market & Tech Reports  Updated at: 2024/09/12

2. Sales of electric vehicles (percentage of total sales) in April-June 2024 was 1,075,000 units (43.2%), of which 998,000 units (40.1%) were HEVs.   Producing 3-row SUV BEVs at 2 plants in the U.S., increasing production of batteries for EVs and PHEVs   Toyota will produce 3-row SUV BEVs at its Kentucky plant starting in 2025 and at its Indiana plant starting in 2026 (each will be a different model).   To achieve this, Toyota will enhance it...

Market & Tech Reports  Updated at: 2024/08/30

icted.   On August 15, the U.S. Department of Energy (DOE) announced measures to help small and medium-sized suppliers adapt their manufacturing facilities to the electric vehicle (EV) supply chain. It provides USD 50 million to six states with large automotive workforces (Michigan, Ohio, Indiana, Kentucky, Tennessee, and Illinois), with specific amounts set for each state. This will be implemented as part of the USD 2 billion Domestic Manufactu...

Market & Tech Reports  Updated at: 2024/08/29

n of the expansion project, TBTN expects to employ over 600 people. Through this investment, the company is proceeding with the reorganization of its production and supply system in the Americas region. In August 2023, the company announced the establishment of a new company, Toyota Boshoku Western Kentucky, LLC, in Kentucky, USA. The company aims to strengthen its competitiveness in the region by producing seat frame components in-house, demand ...

Market & Tech Reports  Updated at: 2024/08/01

ckaging flexibility options. The box type fuel cell system has a length, width and height of 0.88, 0.63, and 0.69 meters, respectively, while the flat type has a length, width and height of 1.27, 0.63, and 0.41 meters, respectively. Both fuel cell modules are produced at Toyota Motor Manufacturing Kentucky in Georgetown. Toyota fuel cell module - box version Toyota fuel cell module - flat version   Hyzon Motors, founded in March 2020...

Market & Tech Reports  Updated at: 2024/06/19

d northern Morocco. This include complete exhaust systems, as well as gasoline particulate filters and catalytic converters. Americas U.S.: In December 2021, the company announced that Purem, its Exhaust Technology division, will expand its base with the construction of a new plant in Louisville, Kentucky (U.S.). The new plant covers an area of approximately 12,000 square meters. Production of diesel exhaust aftertreatment systems will begin in...

Market & Tech Reports  Updated at: 2024/05/30

ercial vehicles for Ford Pro customers from the mid-2020s. The equipment will be installed starting in the spring of 2025. Battery plants The company is building BlueOval Battery Park Michigan in Marshall, Michigan, and BlueOval SK joint venture battery plants in Stanton, Tennessee, and Glendale, Kentucky.   Other EV production plant developments North America Rouge Electric Vehicle Center(Michigan, USA) Ford has suspended operations for...

Market & Tech Reports  Updated at: 2024/05/29

urer specializing in explosive devices for automobiles. In 2016, China's Yinyi Group (Yinyi Group) acquired 100% of ARC Automotive' shares. The company has strengths in hybrid (explosives and compressed inert gas) inflator technology and currently has manufacturing plants in the U.S. (Tennessee and Kentucky), China, Mexico and Macedonia. The current locations are as follows: Knoxville, Tennessee, U.S. Headquarters, Manufacturing, Sales, Resear...

Market & Tech Reports  Updated at: 2024/04/25

elated: 14 production sites: 5 in Japan, 9 overseas (2 in the Americas, 2 in Europe, 2 in China, 4 in Asia) Breakdown Japan 5 (Iwatsuki (disc brakes, drum brakes), Okayama (drum brakes), Yamagata (disc pads), Fukushima (linings), Tatebayashi (caliper casting materials)) Americas 2 (Glasgow Plant (Kentucky), Mexico Plant) Europe 1 (Slovakia Plant) China: 2 (Guangzhou, Suzhou) Asia: 4 (Thailand 2, Indonesia 1, Vietnam 1) Business overview by re...

Market & Tech Reports  Updated at: 2024/04/11

ns in North America as the "Rivian Adventure Network”. The agreement will provide access to approximately 12,000 Tesla Superchargers, which represent approximately 60% of the fast chargers available throughout the United States.   Large-scale remanufacturing facility for EVs to be established in Kentucky   In April 2023, the Kentucky Cabinet for Economic Development (U.S.) announced that Rivian will invest USD 10 million in Shepherdsville, Ke...

Market & Tech Reports  Updated at: 2024/04/02