d that the Science-Based Target initiative (SBTi) has validated its science-based targets to reduce the company’s greenhouse gas (GHG) emissions along its value chain. By 2026, GF commits to lowering absolute scope 1 and 2 GHG emissions by 30%. GF also commits to reducing scope 3 GHG emissions by 2030 from purchased goods and services, and from the use of sold products by 34.6% per tonne of the processed material. Both targets were measured aga...

Major Suppliers  Updated at: 2025/07/18

Fort Wayne, Indiana ElringKlinger creates dedicated Management Board role for e-mobility ElringKlinger to focus on PEMFC technology, sells SOFC business to sunfire GmbH Bosch to provide connectivity solution for Sono Motors ElringKlinger targets 25% sales from battery and fuel cell technology by 2030 ElringKlinger opens BRL 25 million plastic part production plant in Piracicaba, Brazil ElringKlinger to present e-mobility and fuel cell solution...

Major Suppliers  Updated at: 2025/07/17

s Developments Unveils automated seat production line to pressOn December 2, the Company unveiled an automated line to the press at its Sanage Plant, which produces automotive seats in Toyota City, Aichi Prefecture. The company aims to halve processing costs involved in its manufacturing process by 2030 compared to the 2023 level. While the working population is declining, The Company will seek to reduce costs through the automation of manual pro...

Major Suppliers  Updated at: 2025/07/16

rch liner and trunk liner product lines as well as its truck business complement the product range of Autoneum. (From a press release dated January 9, 2023) Polestar announced that it has signed up a further eight partners to the Polestar 0 project, its goal to create a truly climate-neutral car by 2030. New collaborators in the project include Vitesco Technologies, Schloetter,  Autoneum, Stora Enso, TMG Automotive, Gränges, Borgstena, and ...

Major Suppliers  Updated at: 2025/07/16

tters-Universal steps-Active front spoilers-Active rear spoilers-Weight sensors-Applied damping materials LBS related products & Others(*Location Based Services) -Car navigation system‐Ride-sharing pickup service‐Aftermarket products   - Sales ratio       Management Targets for FY2030 Revenue: JPY 5.5～6.0 trillion Operating margin: 8% ROIC (Return on invested capital): 13% Initiatives to achieve management targets include: ...

Major Suppliers  Updated at: 2025/07/15

oss the Company's European plants as well as by the Group’s suppliers. The use of GreenSteel Climate+ has reduced the Company's CO2 emissions related to steel bars and wires by 40% over a period of nine months, compared to ordinary produced steel. This also supports its decarbonization targets by 2030 and its goal of achieving net-zero emissions across its supply chain by 2050. (From a press release dated December 19, 2024)Green and low-carbon ...

Major Suppliers  Updated at: 2025/07/15

source software for autonomous driving. Both companies have been conducting technical collaborations with the Autoware Foundation (AWF) and SOAFEE (Scalable Open Architecture for Embedded Edge). Now, these two companies aim to provide additional value for production vehicle models to be launched in 2030 based on the outcomes of the collaboration. Hitachi Astemo intends to propose systems which consider the entire vehicle design for auto manufactu...

Major Suppliers  Updated at: 2025/07/14

new management structure-In November 2023, the Company announced the segments and targets of three business units. New pricing strategy New business segments (energy, food and agriculture, and FA) to account for 20% of sales in 2035. Advancement in mobility Electrification: JPY 1.7 trillion in 2030 ADAS: JPY 1 trillion in 2030 Strengthening fundamental technologies Number of software engineers in 2030: 18K (1.5 times current number) Inves...

Major Suppliers  Updated at: 2025/07/14

ced on April 14 that it would enter the automotive battery reuse business. The use of its proprietary-developed electricity storage system will make it possible to reuse waste batteries in different states of deterioration. The company is already testing the solution and aims to commercialize it by 2030. The company is developing a butterfly, a core component of the electricity storage system. It will work on a unique control algorithm to optimiz...

Major Suppliers  Updated at: 2025/07/14

roject, both companies intend to establish two technologies for producing butadiene and isoprene as key synthetic rubber materials, in high yields from renewable carbon resources such as used tires and biomass. They aim to establish the technology for social implementation using pilot facilities by 2030, and commercialization by 2034. (From a press release dated February 21, 2022) Due to the economic sanctions on Russia, Japanese automotive parts...

Major Suppliers  Updated at: 2025/07/14

ational structure brought together the Company's nine production subsidiaries and two affiliated companies under a unified unit.-By 2025, the Company has set a target to achieve at least 50% of its total sales through sustainable products. The Company aims to increase this percentage to over 70% by 2030. -The Company is a family-owned private entity. Fuel systems-Injector bodies-Steel pump housings-Connectors-Gasoline and diesel rails-Camshafts-...

Major Suppliers  Updated at: 2025/07/10

follows: Achieve growth rates higher than the respective market Improve sales growth in emerging markets, including China, India, ASEAN, and Africa regions Increase market share and improve market potential in North America Improve diversification across the Company’s business sectors -Through 2030, the Company aims to achieve an average annual sales growth between 6% and 8%, given normal inflation rates between 2% and 3%. The Company also a...

Major Suppliers  Updated at: 2025/07/09

d by 4.8% from the previous year’s USD 16.5 billion to USD 17.3 billion. Sales to third parties in the Company’s Mobility sector increased by 2.9% year over year to USD 10.7 billion, despite market challenges. Outlook -The Company aims to achieve annual sales growth of 6–8% on average through 2030, with a normal inflation rate of 2–3%. Despite ongoing market challenges, it targets an improved EBIT margin of 7% in 2026. To remain successfu...

Major Suppliers  Updated at: 2025/07/09

Department of Commerce press release on October 19, 2020) The International Automotive Components Group (IAC Group) announced that it has established global targets for sustainability improvements with a commitment to achieving net-zero emissions by 2050 and decreasing carbon emissions by 50% by 2030. It will work to achieve these objectives by focusing on increasing renewable energy use, improving energy efficiency at all its locations, expan...

Major Suppliers  Updated at: 2025/07/09

motive has been recognized as a global partner in key markets across the world. Its apps market platform brings apps in categories such as music streaming, gaming, video, and navigation into the automotive ecosystem. It is forecasted to achieve 20% market share in automotive apps by 2025 and 35% by 2030. Aptoide and the Company will continue to cooperate in Faurecia Aptoide's app store and related services development. (From a Company press relea...

Major Suppliers  Updated at: 2025/07/02

will be offered the option of receiving cash for their shares at a price of USD 6.25 per share. In addition to receiving the USD 375 million cash payment at emergence, Honeywell will receive Series B Preferred Stock payable in instalments of USD 35 million in 2022, and USD 100 million annually 2023-2030. The Company expects to file a modified Plan of Reorganization reflecting the terms of the Plan Sponsor Agreement by January 22, and targets emer...

Major Suppliers  Updated at: 2025/07/02

apacity and significant price pressure in the market. Despite strong local efforts, the site is no longer competitive and is operating at a loss. CO2-neutral goals -The Company has targeted to become CO2-neutral company by 2040 in addition to the previous target to achieve CO2-neutral production by 2030. Over the past 4 years, the Company has been able to reduce its global production-related CO2 emissions by 56% through the reduction in energy co...

Major Suppliers  Updated at: 2025/06/26

owth, despite the divestitures of R.H. Sheppard and GT Emission Systems. Carbon Neutral Initiatives -The Company’s climate targets have been validated by the Science Based Targets initiative (SBTI). The Company aims to: Reduce global production-related carbon emissions (Scopes 1 and 2) by 75% by 2030 (2018 baseline). Cut absolute Scope 3 emissions from purchased goods and services, upstream transport and distribution, and the use of sold produ...

Major Suppliers  Updated at: 2025/06/24

alidated by SBTi -The Company's near-term and long-term net-zero science-based greenhouse gas (GHG) emission reduction targets have been validated and approved by the Science Based Targets initiative (SBTi). The Company aims to reduce 80% of carbon emissions in Scope 1 and 2 and 30% in Scope 3 by 2030, with the aim to reach net-zero GHG emissions across the value chain by 2050. For long-term targets, the Company aims to reduce absolute scope 1 ...

Major Suppliers  Updated at: 2025/06/17

a press release dated November 10, 2021) Kongsberg Automotive ASA (Kongsberg Automotive) announced that its couplings business unit is expanding by 900 square meters in Raufoss. This expansion is part of the growth strategy-Couplings is looking to double its turnover in four years and quadruple by 2030. Raufoss is the center for the research and development of compressed air couplings. Raufoss' team develops products and processes both for produ...

Major Suppliers  Updated at: 2025/06/06