" (see below). Mahle GmbH generated company-wide sales of EUR 11.681 billion in the fiscal year ended December 31, 2024 of which the thermal management division, with Mahle Behr GmbH & Co. KG at its core, yielded sales of EUR 4.076 billion. As part of the industry’s restructuring, the company has acquired the technical capabilities and bases of Delphi and Keihin's air conditioning business, and is promoting further global expansion as the core ...

Market & Tech Reports  Updated at: 2025/12/22

artups and academia. Isuzu / UD Trucks joint press briefing. The podium was eye-catching, with both presidents moving around on equal footing, symbolizing the partnership between the two companies. Hino Motors, Ltd. (Hino)   Hino's strengths are its manufacturing integrity, which it has acquired by overcoming certification issues, and its support for customers through connected technologies, such as "Hino Support," which keeps custome...

Market & Tech Reports  Updated at: 2025/12/16

company will develop high-value-added products that meet the needs of automakers and increase orders. Specifically, the company will collaborate with Scotland-based company designLED Products Ltd. (designLED) to reduce the weight of displays and develop curved liquid crystal displays. DesignLED was acquired by Clarion’s France-based parent company, Faurecia, in 2021. It will also utilize the technology assets of Faurecia IRYStec Inc. of Canada,...

Market & Tech Reports  Updated at: 2025/12/15

opments   Robert Bosch GmbH (Bosch) reported a consolidated sales turnover of EUR 90.3 billion in 2024. Of this total, EUR 55.8 billion came from the mobility business.   The company aims to become one of the top three global suppliers and, in 2023, invested in the ESMC European joint venture and acquired a wafer manufacturing site in Roseville, California. These moves are part of Bosch's strategy to expand in growth areas including the semicon...

Market & Tech Reports  Updated at: 2025/12/09

e-scale autonomous driving models through simulation learning and reinforcement learning, creates a real-time model that corresponds to the in-vehicle environment, and transmits this to the vehicle terminal via OTA, thereby achieving an update of autonomous driving functions. Furthermore, the newly acquired data is sent back to the cloud terminal, forming a closed loop of continuous optimization of "data - algorithm - deployment."   Regarding sp...

Market & Tech Reports  Updated at: 2025/12/05

of USD 4.4 billion, Honda 49%, LG 51%Construction start in 2023 In-house production Joint with GS Yuasa Undecided 20GWh 2027 Investment JPY 400 billion Nissan Finished product AESC Japan Zama Gigafactory, Japan - 2024 For BEVs, 20% funded by Nissan, 80% by Envision Group VEJ Made in Japan - - Acquired for HEVs with 47% stake in September 2022 AESC USA Smyna Gigafactory, Tennessee, USA 3.0GWh 2012 AESC U.K. Sunderland Gigafactory, UK In...

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

ic parts and highly integrated modules for the automotive industry and is specialized in cockpits, door panels, bumper modules and innovative plastic vehicle body parts. The company was originally founded under the name Badische Plastikwerke in Bötzingen, Germany, in 1959. In 2011, the company was acquired by the Samvardhana Motherson Group based in India and is wholly owned by Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), which...

Market & Tech Reports  Updated at: 2025/11/20

ms, sensors, and motors, and is able to respond quickly to customer needs. It has an independent final assembly plant, dust-proof and antistatic constant temperature and humidity controlled assembly plant, highly efficient motor production lines, and well-equipped laboratories. The company has also acquired EU ECE certification and IATF 16949 quality system certification. Deco has built good relationships with its partner companies. The following...

Market & Tech Reports  Updated at: 2025/11/18

ade in August, Zhengzhou FinDreams Battery Co., Ltd., a BYD subsidiary, will begin work on a drive battery production line expansion project with a total investment of CNY 5 billion and an associated liquid cooling plate production line construction project. From June through September, the company acquired more than 5,000 mu (about 333 hectares) of land in Zhengzhou for about CNY 1.1 billion. The site will be used as a production base for finish...

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

ier, the keyword NOA is attracting much attention. As of 2016, Tesla was already developing autonomous driving systems under this name, but recently, Chinese companies have started developing autonomous driving capabilities as part of their AI utilization. Until now, China's automotive industry has acquired automotive development technology through joint ventures (JVs) with companies based in Japan, the United States, and Europe, but the fact tha...

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

ry technology and its recent acquisitions of Northvolt’s assets. The assets gained through the acquisitions include 16 GWh of operational battery manufacturing capacity, 15 GWh of manufacturing capacity under construction, and infrastructure to scale to more than 100 GWh of production. Lyten also acquired Northvolt’s portfolio of lithium-ion NMC batteries and battery energy storage systems. Lyten plans to resume production of Northvolt’s li...

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

and TRW Automotive of the U.S. (now ZF of Germany). However, following the auto industry’s largest recall ever of former Takata-made inflators (using phase-stabilized ammonium nitrate propellant), the company filed for bankruptcy protection to restructure and all Takata assets and businesses were acquired by Key Safety Systems (KSS), and renamed as Joyson Safety Systems. Also, the industry's landscape changed dramatically with events such as th...

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

% in FY2021 to more than 20% in FY2030. Expansion of market share for motorcycles: Expand global orders by applying technologies cultivated in automobiles to motorcycles, and increase global market share for motorcycle lighting from 7% in FY2021 to over 10% in FY2030. In January 2025, the company acquired U.S. LiDAR manufacturer Cepton,Inc. (Cepton) as a subsidiary to strengthen its development of next-generation lamps.The procedures for becomi...

Market & Tech Reports  Updated at: 2025/10/20

mounted to EUR 4,719 million (fiscal year ended December 2023), representing 21.4% of the company's total sales of EUR 22,044 million. The origin of its air conditioner business in the Japanese market was the former Zexel, which was formerly Diesel Kiki Co., Ltd., an Isuzu-affiliated company. Valeo acquired all the shares held by Zexel’s parent company Bosch, and in November 2005 it became a wholly owned subsidiary, established as Valeo Thermal...

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

gion. Furthermore, the company is restructuring its production system in anticipation of expanding its commercial rights in Europe. (Details to follow.)   New alliances and business transfers have begun among Japanese suppliers as well. In 2017, Toyota Boshoku began an alliance with Tachi-S, which acquired all the shares of TF-Metal Co., Ltd., a new company formed by splitting off the seat components division of Fuji-Kiko Co., Ltd., making it a ...

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

main suppliers. Of these, the top three European groups that offer a full lineup of the above five products are Marelli Automotive Lighting, Hella, and Valeo / Ichikoh. The five major lighting suppliers in the European and U.S. markets are these three major lighting suppliers plus OPmobility, which acquired Varroc Lighting Systems' four-wheeled vehicle lamp business in Europe, the United States, and the Americas, and the ZKW Group, which has been...

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

ommercial BEVs to climb slopes, start, and achieve high speeds, while also allowing for a smaller motor.   In addition, the use of a torque converter enables the system to transmit power smoothly through a fluid, eliminating the shock that occurs when using a transmission.   In August 2024, EXEDY acquired the shares of Kawamata Seiki Co., Ltd., a Toshiba Group company that manufactures motors for industrial use and xEVs. The exhibit was a syste...

Market & Tech Reports  Updated at: 2025/08/29

panies are consolidating capital, technology, and human resources through business retrenchment and corporate integration.   Examples include Bosch of Germany, which dissolved its power steering joint venture (JV) with ZF of Germany and made it a wholly owned subsidiary; Nexteer of the U.S., which acquired the steering division of the former GM/Delphi; and ZF, which absorbed TRW of the US. ZF is strengthening its steering business in India throu...

Market & Tech Reports  Updated at: 2025/08/21

and listed on the New York Stock Exchange. Following the spin-off from Johnson Controls, Adient’s major acquisitions, divestments, partnerships and business joint ventures in reverse chronological order are as follows: In August 2024, Zhejiang Tiancheng Controls Co., Ltd. announced that it had acquired a 48% stake in Changsha Andaotuo Auto Parts Co., Ltd. held by Adient Asia Holdings Co., Limited. Accordingly, Changsha Andaotuo Auto Parts Co...

Market & Tech Reports  Updated at: 2025/08/06

25. AUTOSAR Standardization WG and Functional Safety WG (Source: Photo by MarkLines)     PlaxidityX was founded in Israel in 2014 as Argus Cyber Security Ltd., an automotive cybersecurity company, and was named one of the 3 Best of Auto Startups by Fortune magazine in 2016, and in 2017 it was acquired by Continental AG. Today, PlaxidityX holds more than 80 patents, has offices in Japan, Korea, Germany, France, the United States, India, and ...

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