t Construction of the Lexus (Shanghai) New Energy Co., Ltd. production facility officially began in Shanghai in June 2025. Construction is scheduled to be completed in August 2026 and production to begin in 2027. The initial annual production capacity is approximately 100,000 units. Drive battery recycling company In May 2025, Toyota Motor (China) Investment Co., Ltd. established Hunan Cloud Energy Storage Sweep New Energy Technology Co., Ltd. ...

Market & Tech Reports  Updated at: 2025/08/01

to reduce costs by reducing the amount used through processes such as masking and applying a slurry of heavy rare earth elements. They presented a cost reduction achievement of 14.3%. Neodymium magnet display Cost reduction through 3D diffusion technology (enlarged portion of display panel) Recycling display panel   Regarding recycling, JL MAG produces a large amount of magnets for wind turbines, so they already have 10 years of exper...

Market & Tech Reports  Updated at: 2025/07/11

JSAE 2025 in Yokohama: Carbon Neutrality Automakers' efforts to improve recycling and safety Summary Toyota: Circular economy initiatives Honda: Initiatives to achieve "carbon neutrality" and "zero traffic collision fatalities" Subaru: Safety Technologies of the New Forester Mazda: CX-80 PHEV advanced safety features Suzuki: Initiatives to develop BEV light trucks JSAE in Yokohama 2025 North Hall venue entrance   The Automotive Engineer...

Market & Tech Reports  Updated at: 2025/06/25

Toyota Business Fair 2025: Hydrogen, Carbon Neutrality Lightweighting, plastic materials, recycling, production technology Summary Special Exhibit: FCEV Crown, fuel cell module, hydrogen engine (Toyota) Hydrogen-related components, electrification components (FTS, Kyoho Machine Works) Various technologies contributing to carbon neutrality (Aisin, Kojima Industries) Lightweight technology, component manufacturing technology (Toyoda Iron Works, Toy...

Market & Tech Reports  Updated at: 2025/06/24

oration announced its technology strategy for the next 10 years at its Technology Strategy Briefing. Based on the concepts of "Smaller, Fewer, Lighter, Shorter, Beauty," the company's motto is "minimizing energy" throughout the entire lifecycle of a product, from materials to manufacturing, use and recycling. It aims to minimize energy consumption and CO2 emissions to the greatest extent possible. Through this initiative, Suzuki aims to achieve c...

Market & Tech Reports  Updated at: 2025/05/15

regard to sustainability, in response to recent social demands for CO2 emission reduction and requests from automakers, many suppliers have set sustainability targets such as CO2 emissions reduction, energy consumption reduction, and waste reduction. An increasing number of suppliers are turning to recycling airbag components, particularly airbag cushions.   In addition, some suppliers have announced their withdrawal from Russian operations foll...

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

ion. The Notice will implement a demonstration program to reform automobile distribution and consumption from 2025 to 2027. Demonstration tasks include stabilizing and expanding automobile consumption, promoting the efficient distribution of used cars, building an automobile culture, establishing a recycling system for discarded automobiles, and digitalizing automobile distribution and consumption. Notice regarding the 2025 automobile replaceme...

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

er 18% from February. Sales fell over 10% YoY for the second consecutive month. A steep contraction of sales in Russia last month, down 40% YoY, has weakened the outlook for the region in 2025. The steepest monthly drop since early 2022 is attributed to weakening Chinese imports from higher vehicle recycling fees, persistent inflation, tight credit, and pressure to localize assembly, alongside deferred consumer demand amid limited peace prospects...

Market & Tech Reports  Updated at: 2025/04/18

  It was explained that different cooling methods, such as underside cooling plates and liquid cooling, and ternary and LFP cells could be selected. PHEV battery display PHEV battery packPHEV battery explanation screen (features)PHEV battery explanation screen (sales locations)   Recycling display panel   CATL is working globally on recycling waste batteries and has maintained the world's largest recycling scale for many ye...

Market & Tech Reports  Updated at: 2025/04/08

he province of Catamarca, as well as the possibility of greater participation by Indian companies in mining projects in Argentina.   At the 2nd EU-India Trade and Technology Council (TTC) meeting held on February 28 in New Delhi, India, the European Union (EU) and India agreed to joint research on recycling electric vehicle (EV) batteries, marine plastic waste issues, and hydrogen production from waste. The total joint budget for the study is es...

Market & Tech Reports  Updated at: 2025/03/26

February. 311k units were sold, a notable decline of 11% YoY. This contraction is due to strong declines in the Russian and Turkish LV markets. In Russia, luxury vehicle (LV) sales experienced a 12% YoY decline. This downturn can be attributed to increased import costs stemming from the new vehicle recycling fees implemented in January 2025. In Turkey, the market is showing signs of deceleration from a high base, primarily due to declining real w...

Market & Tech Reports  Updated at: 2025/03/18

semi-) solid-state battery R&D joint venture projects and manufacturing industrialization projects. They will also seek to expand cooperation to upstream lithium mineral resources, advanced processing of lithium salts, battery materials, midstream battery manufacturing, and comprehensive downstream recycling of waste batteries. In November 2024, Changan jointly announced membrane-free solid-state battery technology with Chongqing Talent New Ene...

Market & Tech Reports  Updated at: 2025/03/12

ntry-level segments remain relevant.   He also highlighted the importance of having the right kind of architecture for vehicles tailored to the Indian market. From an engineering perspective, the vehicle needs to be scalable, and the software should be reusable, as sustainability is not just about recycling but also about reusability.     Brahmanand Patil, MD & President, Vector Informatik India Pvt. Ltd.   Mr. Brahmanand Patil started his p...

Market & Tech Reports  Updated at: 2025/02/26

mote U.S. domestic production of advanced batteries and battery materials such as lithium.   These projects will involve the renovation, expansion, and construction of new U.S. domestic plants for processing critical minerals for automotive batteries, battery components, battery manufacturing, and recycling.   Under the Biden-Harris Administration, the private sector will make a historic USD 120 billion investment in the EV supply chain that wi...

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

checked, ensuring that the driver always receives a safe and fully functional battery. Efficiency During High Demand: During peak times, such as holidays, battery swaps allow drivers to avoid long lines commonly found at charging stations and receive a fully charged battery in just 3 minutes. Easy recycling: The modular design of the swap stations makes it easy to dismantle and recycle batteries, contributing to the realization of a sustainable ...

Market & Tech Reports  Updated at: 2025/02/12

of Industry and Information Technology (MIIT) on December 23, 2024. The registered capital of the company must be at least CNY 10 million and the paid-in capital must be at least CNY 5 million. In principle, cascade-utilizing companies must have a production capacity of 1,000 tons or more per year. Recycling companies must have a production capacity of at least 5,000 tons per year. The annual costs of research and development and production proce...

Market & Tech Reports  Updated at: 2025/01/28

erall passenger experience.   At the Reutlingen University VR Zone visitors could experience how the university is using VR in the development process.   As last year, many companies presented their sustainable materials for environmentally friendly car interiors. The reusage, remanufacturing and recycling of materials was also a major topic.   In this report, we would like to highlight some product novelties and a summary of selected presenta...

Market & Tech Reports  Updated at: 2025/01/22

g EV adoption. The LV selling rate for Eastern Europe stood at 4.5 mn units/year in December. 470k units were sold, an 8% increase YoY. Russian sales continued to expand YoY in December, with strong domestic production offsetting the decline in imports caused by the government hiking up the vehicle recycling fee in October. Sales in Turkey continue to operate at strong levels by historical comparison, with 1.2 mn LVs again sold in 2024. China P...

Market & Tech Reports  Updated at: 2025/01/17

China investment opportunities, and competitiveness levers.   The second day was packed with a wide range of lectures covering the whole value chain from cell chemistry and battery materials, over battery components, intelligent manufacturing and last but not least battery lifecycle management and recycling.   During the whole event participants were offered plenty of networking opportunities.   This short event report provides an insight into...

Market & Tech Reports  Updated at: 2024/12/10

™ solid-state battery weighs 40% less, is 33% smaller, and offers improved safety. The plan is to install the system in Mercedes-Benz vehicles by 2029.   Factorial is also partnering with Stellantis, Hyundai Motor Company, and LG Energy Solution, Ltd. on solid-state battery development.   Battery recycling plant opens Mercedes-Benz opens its first battery recycling plant in Europe(Source: Mercedes-Benz media site)   In October 2024,...

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