of Energy (DOE), aims to improve fuel efficiency and reduce emissions in heavy-duty trucks. While earlier SuperTruck projects focused on diesel engine improvements, SuperTruck III is a major step toward sustainable trucking with hydrogen fuel cell technology. DTNA has received 26 million USD in DOE funding to develop this cutting-edge demonstrator vehicle.   Keith Bechtum, Vice President of OEM Sales at Donaldson, highlighted the company’s lon...

Major Suppliers  Updated at: 2025/12/11

ivision. In addition to the quality of parts delivered, the award also recognizes a supplier's reactivity and its customer satisfaction performance. (From a press release on Feb. 7, 2008) Valeo announced the signing of a contract with OSEO, the French state financing group, for 61 million euros in funding for its research program LOwCO2MOTION®, which aims to improve vehicle engine efficiency and contribute to reducing CO2 emissions. This fundin...

Major Suppliers  Updated at: 2025/12/05

rom a press release on September 28, 2010) Fukoku Co., Ltd. announced construction of a new plant in Thailand for production of wiper parts for supply to the global market. Fukoku will infuse additional capital to its consolidated subsidiary Siam Fukoku Co., Ltd. based in Samutprakarn, Thailand for funding construction costs of a new plant so that it will be able to go into operation in July 2012. The local subsidiary manufactures products, mainl...

Major Suppliers  Updated at: 2025/12/05

in the global market, U-SHIN Ltd. is stepping up the acquisition of overseas suppliers engaged in the business of key sets and air-conditioners. Among several purchasing projects now in progress, at least one is expected to be materialized as early as the end of this month. U-SHIN intends to secure funding for acquisitions by asking outside partners like Japanese trading companies for capital participation in the company, which will exceed 20 per...

Major Suppliers  Updated at: 2025/12/05

o expected growth of automobile production in North, Central and South America.  The new company will be Topre’s 2nd production facility in the area after Topre America Corp. in Alabama, U.S.A., which started operations in 2004.  Topre will establish the new subsidiary in February 2012 by fully funding it with approx. two billion yen.  Although the name is yet to be decided and the site selection is underway, the company aims to start operat...

Major Suppliers  Updated at: 2025/12/05

hile collecting various big data from the vehicles and reflecting it in the creation of the optimized part and system planning. (From several releases on May 15, 2020) Bitsensing Inc, (Bitsensing) a South Korean startup, has raised KRW 7 billion (JPY 637 million) in total in a pre-series A round of funding, according to various South Korean media sources. Mando Corporation, among others participated in the funding. Bitsensing has developed traffi...

Major Suppliers  Updated at: 2025/11/21

which will be located in Anjo City, Aichi, central Japan. The two joint ventures will aim to supply their products not only to Toyota but also other global carmakers by enhancing their competitive strengths through collaboration. J-QuAD DYNAMICS, capitalized at JPY 50 million yen, will receive 65% funding from Denso, 25% from Aisin, 5% from Advics Co., Ltd. and 5% form JTEKT Corporation. BluE Nexus, also capitalized at JPY 50 million, will be 50...

Major Suppliers  Updated at: 2025/11/14

s. Denso regards FA as a growth area, and aims to offer FA system solutions by utilizing its know-how. (From an article in the Nikkan Jidosha Shimbun on September 11, 2018) Pioneer Corporation (Pioneer) announced that it has signed a basic agreement concerning support from Kamerig B.V. (Kamerig), a funding subsidiary of Baring Private Equity Asia Ltd. in Hong Kong. Kamerig will invest JPY 50 billion to 60 billion in order to increase Pioneer’s ...

Major Suppliers  Updated at: 2025/10/02

. Farasis Energy is leading the method development of the simulation model for mapping the thermal runaway of individual cells and propagation in the module. It is also providing support on all battery-related topics within the project. The project, started in July 2023, receives EUR 2.6 million in funding from the German Federal Ministry for Economic Affairs and Climate Action. It will analyze the formation and propagation of hot gas and particl...

Major Suppliers  Updated at: 2025/10/01

024, the Group sold its entire interest in GKN Hydrogen business to Langley Holdings plc, for nominal consideration. The transaction resulted in a loss of GBP 18 million, of which GBP 10 million was incurred in the first half of 2024. This eliminated the Group future cash losses associated with the funding of the Hydrogen operations. -The Company’s shares are listed on the London Stock Exchange. GKN Automotive DrivelineSideshafts-Sideshaft syst...

Major Suppliers  Updated at: 2025/09/26

's electric vehicle drive battery manufacturing facility in Göd.  The factory, which reached full production capacity in January 2022, supplies more than 6 million battery cells per month. It has created 1,200 new jobs. During the Commission's investigation, it was established that without public funding, the project would not have been implemented in Hungary or another EU country, but in a third country, as it would have been more profitable f...

Major Suppliers  Updated at: 2025/09/25

o install the technology in a convertible fabric roof, enabling the roof to increase its stiffness while still being foldable. (From a press release on July 20, 2021) Webasto announced that it has received EUR 6 Million from the Free State of Bavaria to develop innovative mobility technologies. The funding will flow into developing a roof system with integrated sensor technology for autonomous driving, and a modular heating platform with particul...

Major Suppliers  Updated at: 2025/09/22

down USD 6 million from USD 363 million in the previous year. Net income increased 26.4% YoY to USD 200 million. This was a USD 42 million increase over the previous year's net income. Click here for details The Gates plant's (Boone, Iowa) expansion is among the projects scheduled to receive a funding by the Economic Development Board and Iowa Department of Economic Development (IDED). This funding supports efforts to promote new technologie...

Major Suppliers  Updated at: 2025/09/11

olina, passenger tire manufacturing facility. This investment is in addition to the USD 164 million expansion announced in January 2016, making the company’s total investment USD 344 million over the next 10 years. The additional investment includes a new state-of-the-art rubber mixer, as well as funding for innovative manufacturing processes and technologies at the plant. Combined, the project is adding manufacturing space to accommodate new t...

Major Suppliers  Updated at: 2025/09/10

which will be located in Anjo City, Aichi, central Japan. The two joint ventures will aim to supply their products not only to Toyota but also other global carmakers by enhancing their competitive strengths through collaboration. J-QuAD DYNAMICS, capitalized at JPY 50 million yen, will receive 65% funding from Denso, 25% from Aisin, 5% from Advics Co., Ltd. and 5% form JTEKT Corporation. BluE Nexus, also capitalized at JPY 50 million, will be 50...

Major Suppliers  Updated at: 2025/09/02

ia & Technology, U.S., to develop new automotive audio solutions Antolin supplies sunvisor with magnetic closure for the Xiaomi SU7 electric sedan Antolin supplies several parts for Mahindra’s new EV models, BE 6e and XEV 9e Antolin supplies solutions for several car models Grupo Antolin receives funding for eco-design and HMI projects under PERTE VEC 1 Auto Shanghai 2025: Antolin presents solutions for future of car interiors Antolin announces...

Major Suppliers  Updated at: 2025/08/28

ce energy consumption across all processes. The plant manufactures various products for the automotive industry based on stamping, assembly, welding, and electrodeposition painting of metal parts. -(From the Ministry of Industry and Tourism of Spain press release dated May 28, 2024)   Receiving funding for 6 projects under PERTE VEC II -The Company has secured EUR 34.1 million in funding under the Spanish government’s line B of PERTE VEC II...

Major Suppliers  Updated at: 2025/08/28

xpected to begin in 2019. (From a press release on March 5, 2018) Benteler announced that it is implementing the EU project BOOST 4.0 at the company's plant An der Talle, Paderborn. This project is one of ten pan-European pilot projects for Big Data. To implement this project, Benteler will receive funding from the European Commission to foster the topic of Big Data with a focus on predictive maintenance. Benteler's partner in this project is the...

Major Suppliers  Updated at: 2025/08/27

s recalled the government's commitment to promoting the transformation of the Spanish automotive sector to make it more sustainable and connected. It also revealed that several Basque-based companies such as Mercedes Benz, Irízar, Sapa, Fagor, and Basquevolt have received more than EUR 291 million funding from the PERTE VEC in its different calls. (From the Ministry of Industry and Tourism of Spain press release dated March 12, 2024) JV finalize...

Major Suppliers  Updated at: 2025/08/27

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 purpose. The planned new semiconductor m...

Major Suppliers  Updated at: 2025/08/25