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

ing income was KRW 59 million. Trends in battery thermal management: In January 2025, Hankook & Company Group completed the acquisition of Hanon Systems, a South Korean manufacturer of thermal management systems. Hankook Tire & Technology Co., Ltd., a tire manufacturer under the group's umbrella, acquired a stake in Hanon Systems effective January 3, 2025, raising its stake to 54.77%. In November 2024, Hanon Systems announced that it will build...

Market & Tech Reports  Updated at: 2025/07/08

ehicle software development. Also collaborated with NTT Data Group Corporation and FPT Corporation for software development and human resource training. 3 5 Magna International Inc. 42,836 42,797 ・New programs, price hikes, and the acquisition of Veoneer, Inc. led to an increase in revenues.・ Acquired HE System Electronic GmbH (now Magna Power Modules Veitsbronn (MPMV), a manufacturer of ultra-compact electronic assemblies for industrial an...

Market & Tech Reports  Updated at: 2025/07/02

he transition to electric vehicles, pointing out that more than one billion vehicles are still expected to be non-electric by 2040.   On May 31, 2024, Geely Holding Group and Renault Group officially established HORSE Powertrain Limited (HP), headquartered in London. In December 2024, Saudi Aramco acquired a 10% stake in HORSE Powertrain.   With 125 years of experience in powertrain innovation, the company is committed to sustainability and inn...

Market & Tech Reports  Updated at: 2025/06/20

3) and 43,585 employees (as of December 31, 2023). Products: Calsonic Kansei, the predecessor of Marelli, was formed in 2000 through the merger of the former Calsonic (formerly Nippon Radiator Manufacturing) and the former Kansei (formerly Kanto Seiki), as the company name implies. In 2004, it also acquired Tokyo Radiator Manufacturing Co., Ltd. Exhaust system parts flow from the former Calsonic. As a supplier resulting from the merger of two div...

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

are the Liuzhou manufacturing site, the Yichun site in Jiangxi and Feidong site in Anhui. Driven by the production of finished vehicles, the demand for batteries from these sites has grown rapidly. In 2025, a new battery manufacturing company is being added in Liuzhou.   In 2021, Gotion High-tech acquired the Bosch Group's Göttingen plant in Germany. The first production facility in Europe will be built to serve European customers. In Septembe...

Market & Tech Reports  Updated at: 2025/06/12

ing footprint for brake parts with the transfer of the Kariya Plant (Aichi prefecture) and the domestic and overseas production subsidiaries from Aisin Seiki, allowing ADVICS to consolidate its production, sales and development functions to strengthen its competitiveness. In April 2018, the company acquired a third-party allocation of new shares issued by Hosei Brake, and the company has completed its acquisition of Hosei Brake as a wholly-owned ...

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

recall ever of Takata-made inflators (using ammonium as a gas generator) that started to explode, first in the U.S., the company filed for bankruptcy protection to restructure. In April 2018, Takata (all Takata assets and businesses excluding those related to ammonium nitrate air bag inflators) was acquired by the fifth largest airbag supplier in the U.S. market, Key Safety Systems (KSS), and renamed as Joyson Safety Systems.   In addition, in M...

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

ercial vehicles Liuzhou ZF Machinery Co., Ltd. Liuzhou, Guangxi Transmission and axle components for vehicles, ships and industrial equipment ZF Electrified Powertrain Technologies (Hangzhou) Co., Ltd. Hangzhou City, Zhejiang Province Gear manufacturing, motors, e-Axles History The company acquired Sachs in 2001 and TRW in 2015 to strengthen its Active & Passive Safety Technology business. In 2020, the acquisition of WABCO, a major chass...

Market & Tech Reports  Updated at: 2025/04/15

ated production system from EV battery cells to finished vehicles. The battery plant will produce 10GWh of high-performance NCMA battery cells per year. This is enough to power 150,000 EVs. India On April 25, 2024, Hyundai announced that the Hyundai Motor India, Talegaon Plant near Pune, which it acquired from General Motors in 2023, will begin operations in late 2025. With a production capacity of over 200,000 units, combined with 820,000 unit...

Market & Tech Reports  Updated at: 2025/04/07

ation and Communication Technology) companies; and 3) The restructuring of foreign-based OEMs' businesses in China.   Many of the emerging automakers were not qualified for production at the time of their establishment, so they outsourced production to the major automakers. Some emerging OEMs have acquired production credentials through acquisitions and are now producing on their own. As competition intensified in the Chinese automobile market, ...

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

allows practically any central or zonal control unit to be designed. Thanks to the announcement directly before CES opened its doors that NXP is acquiring the Austrian TTTech company, NXP can now also offer the required middleware in the form of TTTech’s Motionwise product, while the company also acquired a large number of system, software, and safety specialists in its expanded development area.   The good news here is that TTTech’s solutio...

Market & Tech Reports  Updated at: 2025/03/21

1990, there have been many business divestitures and management integrations among major manufacturers. The diagram illustrates how technology is passed on, for example. (Click the image to enlarge)   In the Americas, Federal-Mogul Corporation, a major manufacturer of brake friction materials, was acquired by Tenneco Inc. (Tenneco) in October 2018. Since the end of 2019, it has been developed as a business of DRiV Incorporated under Tenneco.   ...

Market & Tech Reports  Updated at: 2025/03/21

ives: Mr. Louay Abdelkader, Director of Product Management for OS & Virtualization, and Mr. Angelos Lakrintis, Industry Analyst Relations Manager.   QNX overview   QNX is a division of BlackBerry Ltd. It was originally founded as a Canadian company called QNX Software Systems Ltd. in 1980 and was acquired by BlackBerry in 2010. Formerly known as the “BlackBerry IoT” division, the division was renamed as “QNX” and the QNX brand was relau...

Market & Tech Reports  Updated at: 2025/03/11

duction capacity (1,000 units) Planned (1,000 units) Details Hungary - 300 BYD's first plant in Europe. The plant will create thousands of local jobs. According to multiple media reports, production is scheduled to begin in the second half of 2025. Brazil - 150-300 In December 2023, the company acquired the former Ford plant in Camacari, Bahia, and invested BRL 3 billion to build three facilities: a production plant for BEVs and PHVs, a chass...

Market & Tech Reports  Updated at: 2025/02/18

June 2024, reduced the number of ECUs from 17 to 7 and shortened the total length of the wire harnesses by 1.6 miles.   Scout Motors: Announces off-road EV Travelers SUV and Terra Pickup, EVS released by Scout Motors (Source: VW Investor Relations Roadshow Presentation (2024.11.20))   VW acquired Navistar International Corporation in 2021 and acquired the Scout brand that was owned by the company. The Scout brand was an off-road vehicl...

Market & Tech Reports  Updated at: 2025/02/10