d EBIT margin of 6.0–8.0% (2024: 2.5%) / ROCE above 16% R&D ratio: below 10% by 2027, below 9% in the long term R&D Structure -In the fiscal year ended December 31, 2024, the Company had approximately 31,000 employees in R&D globally. Technological Alliance Central control unit co-developed with GAC equipped on AION V and AION UT-At IAA Mobility 2025, GAC announced that its newly launched AION V and upcoming AION UT are equipped with a high-pe...

Major Suppliers  Updated at: 2026/03/31

angshu Continental forms strategic partnership with Censtar Continental begins production in China of brake-by-wire MK C1 for installation in Volvo XC60 and S90 Continental completes third phase of Lianyungang plant Continental and Jidu Auto sign strategic partnership agreement Continental, NXP and GAC R&D Center form strategic alliance to develop connected vehicle products Continental sets up development center for software and systems in China ...

Major Suppliers  Updated at: 2026/02/27

onsider its automotive motor business growth strategy, which has been its focus for business growth. Regarding its E-Axles that combine motors, inverters, and speed reducers for electric vehicles (EVs), for which demand is expected to grow, Nidec will concentrate on products for Stellantis N.V. and GAC Motor Co., Ltd., and withhold new investment such as construction of a new plant, according to President and CEO Mitsuya Kishida. For its automoti...

Major Suppliers  Updated at: 2026/01/28

sell 30,000 around 2013, targeting sales of combined 55,000 units. The electric vehicle for PSA will be jointly developed to meet the European specifications including modification to a left-hand drive model. PSA will sell the vehicle by both brands of Peugeot and Citroen.[Green Vehicles]   The "Legacy" and "Outback," which were launched for the first time in the world as mass production passenger cars loaded with a horizontally opposed diesel e...

Major Suppliers  Updated at: 2025/09/03

ering additional models.[Green Vehicles]   Fuji Heavy Industries (FHI) is launching a mild hybrid as the first model in making inroads into the hybrid vehicle market scheduled for 2012. The automaker is planning to position a hybrid vehicle as one of variations of existing models, including the "Legacy." For secondary batteries of a mild hybrid, it will use lithium-ion batteries technologies for which have been nurtured through development of el...

Major Suppliers  Updated at: 2025/09/03

ollows: GM Certificate of Excellence – Platinum Supplier Status for Nexteer Wuhu (China) SAIC-GM-Wuling (SGMW)’s Excellent Quality Award for Nexteer Liuzhou (China) Changan’s Excellent Cooperation Award for Nexteer Chongqing (China) Geely’s Quality Excellence Award for Nexteer Wuhu (China) GAC AION’s Excellent Partner Award for Nexteer Liuzhou (China) Changan’s Excellent Supplier Award for Nexteer Chongqing (China) SAIC-GM’s Excell...

Major Suppliers  Updated at: 2025/08/27

ikoku Databank announces there are 37,965 suppliers dealing with Marelli in Japan Marelli applies for alternative dispute resolution Marelli’s ADR process agreed by all 26 financial institutions KKR and other funds considering participation in Marelli sponsor bid Marelli enhances cooperation with GAC Trumpchi and GAC Aion on development of cockpit domain controller Marelli inaugurates USD 17.4 million plant in Ramos Arizpe, Mexico BlackBerry an...

Major Suppliers  Updated at: 2025/08/21

nts of automotive OEMs. (From a press release dated June 19, 2025) Faurecia China, a Forvia subsidiary, signed an agreement on the establishment of a joint venture (JV) for the R&D of automotive seat motors with Guangzhou Farwon Automotive Electronics Co., Ltd. (Farwon Electronics), a subsidiary of GAC Component Co., Ltd. The two companies will fully leverage their respective strengths to integrate resources from all parties, including funds, tec...

Major Suppliers  Updated at: 2025/07/29

head-up display Continental increases use of renewable and recycled materials in tire production Continental becomes first tire manufacturer to use LANXESS’ sustainable rubber additive Continental supplies CrossContact RX tires for Cadillac OPTIQ and Chevrolet Equinox EV e-SUVs IAA Mobility 2025: GAC’s AION V and AION UT feature central control unit co-developed with AUMOVIO Busworld Europe 2025: Continental to unveil Conti Urban HA 5 NXT cit...

Major Suppliers  Updated at: 2025/07/29

bility business by 2026 Bosch strengthens Miskolc site in Hungary with EUR 48 million investments Bosch plans to recycle fuel-cell stacks Bosch’s divisions in the Netherlands to move to new location in Eindhoven in 2025 Bosch China forms strategic partnership with Seres for vehicle safety systems GAC Group forms partnerships with Bosch China and Siemens China to promote development of global market Bosch signs strategic cooperation agreement wi...

Major Suppliers  Updated at: 2025/07/29

eading mobility companies that have adopted the NVIDIA DRIVE Thor car computer for their future vehicle models. BYD will utilize DRIVE Thor for its next-generation EV fleets and will also use the Company’s AI infrastructure for AI development and training technologies. Hyper, a luxury brand under GAC AION, will use DRIVE Thor for its next-generation EVs which will feature SAE Level 4 autonomous capabilities. Its Hyper GT flagship model currentl...

Major Suppliers  Updated at: 2025/07/28

er for Mobility as founding member Visteon and Astra Otoparts expand supply of instrument clusters and information displays to Vietnam Visteon introduces DriveCore autonomous driving platform as 2018 CES Visteon's next-gen SmartCore controllers feature Qualcomm Automotive Solutions Visteon, GAC sign agreement for autonomous driving, cockpit electronics Visteon’s DriveCore autonomous driving platform accelerates adoption of self-driving ...

Major Suppliers  Updated at: 2025/07/28

pply new cockpit solution to Great Wall Motors Aptiv expands mobility R&D center in Troy, Michigan with USD 20 million investment Aptiv opens Las Vegas Technical Center for autonomous driving tech ahead of CES 2019 Aptiv partners with Affectiva for next generation vehicle experience Aptiv to supply GAC New Energy with advanced driver assistance systems Aptiv releases comprehensive open-source automated vehicle data set Affectiva raises USD 26 mi...

Major Suppliers  Updated at: 2025/07/28

ablished a mechanism for high-level mutual visits, business cooperation, and exchanges. They will work together to overcome technical difficulties, facilitate improvements on technological innovation capabilities, and promote the smooth implementation of cooperation projects. Jointly established by GAC Group, GAC Aion, and GAC Trumpchi, Rapow is now controlled by GAC Aion. It focuses on independent R&D and industrialization of IDU e-drive systems...

Major Suppliers  Updated at: 2025/07/15

ons will be compatible with wheelbases from 2.55m to 3.1m and contain a warehouse housing 14-30 batteries, delivering a swap success rate of 99.99% and a swap time as little as 100s. For the establishment of a battery swapping ecosystem, CATL developed 10 battery-swappable models with Changan Auto, GAC Group, BAIC Group, Wuling Motors, and FAW Group for launch at the end of 2024. Concurrently, the company optimized vehicle buying and selling proc...

Major Suppliers  Updated at: 2025/05/19

in models.With Geely, in addition to maintaining the supply share of traditional products, the Company also is expanding its supply of innovative products such as smart front fascia and body chassis parts. The Group has obtained multiple product orders for new energy vehicles from customers such as GAC Aion, Li Auto, Xpeng, and NIO. New products -Minth Group announced the holding of a ceremony to commemorate the first battery case coming off the ...

Major Suppliers  Updated at: 2025/03/17

h Chery) Geely Lynk: 01, 02, 03, 05, 09Zeekr: 009, XSmart: #1, #3Lotus: Eletre Chery OMODA 5, Tiggo Series: 3, 3X, 5X, 7, 8Exceed Series: LX, TX, VXArrizo: 5Zhijie S7 SAIC MG: ZS, ONE, HS, 6, 3Roewe: RX5, IMAX8, Ei5, RX9IM Motors: LS6, LS7, L5R: R7, F7, ER6, Marvel R Dongfeng Voyah Series GAC Aion Aion V, Aion LX     New project -According to multiple press releases, the groundbreaking ceremony for the Huaxiang New Energy Vehicle (...

Major Suppliers  Updated at: 2024/12/09

w, with a total production of 35.23 million KVAH, a y/y increase of 10.98%, and a total sales of 34.60 million KVAH, a y/y increase of 7.45%. -In 2023, the company supplied products for 51 models throughout the year. Among its customers, deliveries increased for Changan, Chery, BYD, Dongfeng Honda, GAC Honda, SAIC GM, Kia, Foton, FAW Jiefang, Dongfeng Commercial Vehicle, and JAC Motors. Sixty new OEM project points were obtained, including the ne...

Major Suppliers  Updated at: 2024/11/07

margin year-over-year, driving the company's performance to grow steadily.-In 2023, the company launched 136 new projects, of which 58 projects involved automotive electronic control system products. The company began production of 93 new projects, for customers including Chongqing Changan, Geely, GAC, Hycan, FAW Hongqi, SAIC-GM-Wuling, SAIC Maxus, Chery and other projects. Orders -The company has recently been designated by a customer outside...

Major Suppliers  Updated at: 2024/10/29

Asia Pacific Supplier Award Bosch Mahle Turbo Systems (Shanghai) begins operations ASIMCO Meilian Braking Systems (Langfang), Bosch Automotive Diesel Systems win supplier award from Yuchai Machinery Bosch, Tencent announce partnership Bosch to set up new hydrogen fuel cell center in Wuxi Bosch and GAC R&D unveil new level-4 autonomous valet parking system Bosch and CM Intelligent sign strategic alliance agreement Bosch subsidiary inaugurates sec...

Major Suppliers  Updated at: 2024/10/16