e a significant share of business from OEMs that are not part of the Volkswagen Group. SITECH anticipates sales of around EUR 1.4 billion during the current fiscal year, generated by a workforce that is over 5,200 strong. the joint venture is expected to double business volume to EUR 2.8 billion by 2030. The number of employees is expected to rise to around 7,000. This would translate into a growth in the employment rate of about one third, which...

Major Suppliers  Updated at: 2025/05/28

Infrastructure Partners SAS. The three companies’ joint venture will decide on a joint investment plan to recycle about 35,000 tons of used tires a year. The new tire recycling plant will start operations in 2025. The joint venture, which also aims to recycle up to 1 million tons of used tires by 2030, plans to construct other new tire recycling plants in Europe. The Company stated that used tires amount to 3.5 million tons annually in Europe. ...

Major Suppliers  Updated at: 2025/05/27

ase dated July 30, 2024) Financial targets -By 2026, the Company expects to generate sales between EUR 3.8 billion to EUR 4.2 billion at a constant currency (based on 2022 average rates) and return to a double-digit Adjusted EBIT margin. It also aims to receive sales of more than EUR 4.5 billion by 2030. R&D Facilities -As of December 31, 2024, the Company has 14 engineering centers globally, including 5 e-Mobility Innovation Centers (EMICs). e-M...

Major Suppliers  Updated at: 2025/05/23

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: 2025/05/23

's first quarter results Daido Metal Co., Ltd.'s second quarter results (cumulative) Japanese manufacturers of engine bearings or rubber products to enhance presence again in China Daido Metal Co., Ltd.'s third quarter results (cumulative) Daido Metal announces new mid-term business plan through FY 2030 Daido Metal Co., Ltd. has been named a preferred supplier of plain bearings by Robert Bosch GmbH for the third consecutive year. In presentin...

Major Suppliers  Updated at: 2025/05/20

s release dated December 14, 2022) Honda China announced on its official website that to guarantee the long-term and stable supply of its e:N power batteries, it will purchase 123GWh of battery electric vehicle (BEV) power batteries from Contemporary Amperex Technology Co., Ltd. (CATL) from 2024 to 2030 through HDG (Beijing) Trading Service Co., Ltd. (HDG). The batteries will be produced centrally at CATL’s future Yichun plant. Founded in Nove...

Major Suppliers  Updated at: 2025/05/19

onents across all types of powertrains, filtration and thermal management systems, and electric and electronic components and systems. -With the automotive industry in the midst of transformation based on multiple advanced technology trends including electrification, the Company has issued “MAHLE 2030+”, a new group strategy. The MAHLE 2030+ strategy focuses on three strategic core areas for the Company to expand its position in: In the firs...

Major Suppliers  Updated at: 2025/05/15

for MATERI’ACT are also aligned with the European Green Taxonomy. MATERI’ACT will be headquartered in Lyon, France. A new Research & Development center as well as a pilot workshop will be operational in 2023. MATERI’ACT will employ 400 staff in 2025 and generate over EUR 2 billion in sales in 2030. (From a press release dated November 3, 2022) Hella GmbH & Co. KGaA (HELLA) announced that it has won another major customer order for its innov...

Major Suppliers  Updated at: 2025/05/15

%. Annually, the Company produces approximately 22 million bumpers, 3 million tailgates and spoilers, 4 million body panels and 6 million modules. The Company aims to have a 30% market share in fuel systems, 25% market share in hydrogen storage systems, 15% market share in fuel cells and systems by 2030.-The Company follows three strategic pillars as guidance through the evolution of mobility. The strategic pillars are the enhancement of the Comp...

Major Suppliers  Updated at: 2025/05/14

are part of Antolin’s commitment to being a business leader of its respect for the environment, its contribution to the fight against climate change, and its support for the transition to a low-carbon economy. The company wants to help decarbonize mobility while contributing to the success of the 2030 Agenda. (From a press release dated August 2, 2022) Grupo Antolin (Antolin) announced that it has collaborated with trinamiX GmbH (trinamiX), a w...

Major Suppliers  Updated at: 2025/05/13

e industry ecosystem in Europe. It will enable organizations to innovate and operate services on distributed data, coming from various factories, organizations, or countries, while keeping control over the data produced locally and abroad. The solution, supported by the French government’s France 2030 initiative and the European program Next Generation, and with the endorsement of AIF (Alliance pour l’industrie du futur), contributes to the i...

Major Suppliers  Updated at: 2025/05/12

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: 2025/05/09

n Haguenau-The Company announced that Innoplate, its 50/50 joint venture with Symbio, inaugurated a new production site for fuel cell bipolar plates (BPP) in Haguenau, France. With an initial production capacity of 4 million plates, Innoplate aims to reach an annual capacity of 50 million plates by 2030. Innoplate began production in the first quarter of 2024 and is equipped with Symbio’s fuel cell systems. Innoplate aims at accelerating the pr...

Major Suppliers  Updated at: 2025/05/09

tively designed and sustainable car components for increasingly safer and lighter vehicles. This reduces energy consumption and environmental impact. SSAB plans to deliver fossil-free steel to the market at a commercial scale in 2026 and to largely eliminate CO2 emissions from its own operations in 2030. (From a press release dated October 26, 2023) Gestamp Automocion S.A. (Gestamp) launched the Phoenix plan to improve its performance in the NAF...

Major Suppliers  Updated at: 2025/05/08

sive safety components and systems with a global market share of 44%. By specific product groups, the Company has a global market share of 45% in seatbelts, and 44% in airbags and steering wheels.-In June 2021, the Company announced its commitment to becoming carbon neutral in its own operations by 2030 and achieving net-zero emissions across its supply chain by 2040, becoming the first automotive safety supplier to commit to these goals. Competi...

Major Suppliers  Updated at: 2025/05/07

ished the "Advanced SoC Research for Automotive" (ASRA) on December 1 to conduct research and develop high-performance digital semiconductors (System on Chip, SoC) for use in automobiles. ASRA aims to establish in-vehicle chiplet technology by 2028 and to install SoCs in mass-produced vehicles from 2030 onward. By combining Japan's technological capabilities and experience in automotive, electrical components, and semiconductors, ASRA will work w...

Major Suppliers  Updated at: 2025/05/07

P allows for a wide range of applications such as automobiles, aircraft, and sport products that require lighter-weight materials. The future CFRTP market size is expected to expand rapidly in automotive applications with an estimated increase of at least 60-times today's monetary value by the year 2030. (From a press release on December 14, 2017) 2016 SAE-China Congress & Exhibition 2017 SAE-China Congress & Exhibition CEATEC 2019 Automotive Int...

Major Suppliers  Updated at: 2025/05/07

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: 2025/05/06

he Rey I project, a new large-scale solar farm in Spain. It will facilitate the supply of approximately 2 million MWh of renewable electricity to the European grid over a 10-year period. This contributes to GKN Automotive’s commitment to using 50% renewable electricity globally by 2025 and 75% by 2030. It is a key step in the Company’s SBTi-approved targets to reduce its direct Greenhouse Gas (GHG) emissions (Scope 1 and 2) by 45% by 2030 and...

Major Suppliers  Updated at: 2025/05/03

y 2025 compared to 2023 actuals. (From a press release dated September 2, 2024) Invest EUR 588 million to expand production and chip technologies in Styria, Austria-The Company announced its plans to invest EUR 588 million in its development and production site in Premstätten, Styria, Austria, by 2030. The Company has applied for funding of up to EUR 200 million within the framework of the European Chips Act to the EU Commission for this purpos...

Major Suppliers  Updated at: 2025/05/01