defray income tax obligations during commercial operations. Under the proposed EVIS presented by the DTI to stakeholders last year, the government is looking at a production target of 6.3 million EV units under the clean energy scenario (CES) or 1.7 million EV units under business as usual (BAU) by 2040. It also sets a target of 147,000 EV charging stations under the CES or 42,000 EV charging stations under the BAU scenario. (From an article of P...

News  Updated at: 2025/06/13

language model to support voice/touch control/gesture interaction. The Smart Driving System is a driver assistance solution jointly developed by Audi and Momenta. AUDI E5 Sportback   SAIC VW   In November 2024, the VW Group and the SAIC Group announced a JV agreement that will run until 2040, deepening the understanding and integration of technologies, resources and markets, and promoting localized innovation and globalization. Two m...

Market & Tech Reports  Updated at: 2025/06/11

ed (CKD) by Volvo Car Manufacturing Malaysia in Shah Alam. On September 19, Volvo Cars announced the end of production of all its diesel-powered models by early 2024, at Climate Week NYC, USA. The company plans to sell only fully electric cars by 2030, with an aim to be a climate-neutral company by 2040. The announcement follows the decision last year, to exit the development of new combustion engines. Volvo Cars Malaysia announced plans to doubl...

OEM Plants  Updated at: 2025/06/10

c models, such as the Audi Q6 e-tron, while odd numbers will represent fuel-powered models, such as the Audi A5. On November 27, Volkswagen Group announced the extension of it 40-year partnership with SAIC Motor by extending their joint venture agreement for SAIC VOLKSWAGEN (SVW) by 10 years, until 2040, ensuring long-term planning stability as the Chinese automotive market undergoes rapid transformation. The partnership focuses on three key area...

OEM Plants  Updated at: 2025/06/10

gned and a new two-tone trim in the interiors has been made available. The shift knob and other devices are also modified. On June 15, Toyota Motor Manufacturing announced sustainability goals for its Kolín plant in the Czech Republic, aiming for carbon neutrality by 2030 and zero CO2 emissions by 2040. The focus will be on reducing energy consumption, shifting to emission-free sources, and improving technological efficiency. The plant will grad...

OEM Plants  Updated at: 2025/06/06

. Antolin and VIA optronics won an award at the Gasgoo Awards in China for the Sunrise Cockpit concept. Toyota recognized Antolin Bangalore (India) as a Zero Defect Supplier for the fifth year running. Sustainability goal -The Company aims to become a carbon neutral (scope 1, 2, and 3) by 2050. By 2040, it targets to achieving carbon neutrality in its own operations, scope 1 and 2. Set up photovoltaic system in Caserta plant in Italy-The Company...

Major Suppliers  Updated at: 2025/06/05

rties will begin various projects to establish a digital cooperation model, better utilize value in data, improve production efficiency, and realize effective cost reduction to bolster the sustainable development of the industry chain. The Company plans to achieve supply chain climate neutrality by 2040 and take the lead in achieving production area climate neutrality in 2030, reducing emissions from intermediates and raw materials along the supp...

Major Suppliers  Updated at: 2025/06/02

s Vitesco Technologie Continental to consider spin-off of Powertrain division in addition to partial IPO Continental Powertrain division starts operations as an independent company Continental establishes “Vitesco Technologies” for powertrain business Vitesco targets CO2-neutral value chain by 2040 Vitesco and Vector partner for software for central vehicle controllers Vitesco announces restructuring to focus on electrification Vitesco recor...

Major Suppliers  Updated at: 2025/05/29

anufactured since the beginning of its production in 2020. On September 19, Volvo Cars announced the end of production of all its diesel-powered models by early 2024, at Climate Week NYC, USA. The company plans to sell only fully electric cars by 2030, with an aim to be a climate-neutral company by 2040. The announcement follows the decision last year, to exit the development of new combustion engines. On February 20, Volvo Cars announced that it...

OEM Plants  Updated at: 2025/05/27

cal company. For FY 2030, the company aims to increase sales to JPY 550 billion from JPY 486.8 billion in FY 2024, and operating profit of JPY 60 billion from JPY 18 billion. The company has also set a sales target of JPY 1 trillion and an operating profit target of FY 100 billion for FY 2035 to FY 2040. UBE has extended the period of its mid-term plan from the previous three to six years to steadily implement reforms. UBE’s five important issu...

News  Updated at: 2025/05/22

f semiconductors and a lack of parts from Ukraine. The 2,300 employees of the factory will be put on short-time work. On April 25, Renault announced that the All-new Mégane E-TECH Electric reflects its commitment to be an active part of the ecological transition and helps Renault Group achieve its 2040 target of being carbon neutral in Europe. Supply and manufacturing ecosystems are being designed and reworked to be a more integral part of circu...

OEM Plants  Updated at: 2025/05/21

will be in place as follows : 45% reduction,for all vehicle sub-groups, for the reporting periods of the years 2030 to 2034 65% reduction,for all vehicle sub-groups, for the reporting periods of the years 2035 to 2039 90% reduction,for all vehicle sub-groups, for the reporting periods of the years 2040 onwards. The detailed contribution to the CO2 emissions reduction for each vehicle sub-group in the four reporting periods are reported in point...

Regulations  Updated at: 2025/05/20

ian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. It aims to reduce its lifecycle carbon footprint per car by 40 percent between 2018 and 2025, as a first step towards its goal of becoming a climate-neutral company by 2040. Over the next five years, Volvo Cars will launch a fully electric car every year, as it seeks to make all-electric cars comprise 50 percent of i...

Major Suppliers  Updated at: 2025/05/19

iary of VW AG. - In 1993, established as a JV between VW AG and Polmo Agricultural Car Factory. Ford Pro reveals all-new Transit Connect PHEV Volkswagen Poznań Foundry innovates with Free Cooling technology for sustainable production Volkswagen's Poznań, Poland plant targets carbon neutrality by 2040 Volkswagen's Poznań, Poland produces one hundred million components Ford announces orders opening for Ford Transit Connect in Europe VW Poznań ...

OEM Plants  Updated at: 2025/05/19

ne plants also earned a second award in 2021. On March 16, Honda of Canada Mfg. (HCM) announced that it will invest CAD 1.38 billion over six years to upgrade its Alliston, Ontario, manufacturing plants. The plants will implement new technologies as a part of Honda's goal to reach zero emissions by 2040, and will see HCM become the North America Lead Plant for the all-new 2023 CR-V Hybrid crossover. The Alliston operation has the capacity to prod...

OEM Plants  Updated at: 2025/05/19

Hanon Systems expands photovoltaic capacity at Kladno plant, Czech Republic Hanon Systems has launched phase 2 of its photovoltaic system at Kladno plant in the Czech Republic, adding 20,000 sqm of rooftop solar panels to the existing 2,000 sqm of panels, with another 16,000 sqm planned in the coming weeks. The project supports the company’s goal of becoming carbon neutral by 2040. Once completed, the system is expected to generate approximatel...

News  Updated at: 2025/05/15

tations comply with national standards and safety protocols, solidifying the company’s role in advancing the Philippines’ transition to electric mobility. This initiative is in line with the DOE’s roadmap, which aims to achieve a 25% EV share in the passenger vehicle market by 2030 and 50% by 2040. (From SM Prime press release dated May 14, 2025)...

News  Updated at: 2025/05/15

his PVT plant, the Vaihingen-Enz site will become nearly independent of natural gas, significantly reducing its reliance on fossil fuels. The decarbonization of this Vaihingen-Enz plant will serve as a reference project for other sites, while supporting the company’s goal of climate neutrality by 2040. (From a press release dated January 20, 2025) On January 27, 2025, MAHLE GmbH (MAHLE) has inked an agreement to sell its 40% share in Langfang K...

Major Suppliers  Updated at: 2025/05/15

s being recognized by the U.S. DOE for reducing natural gas consumption at the company’s Fort Wayne, Indiana, assembly plant by 30%, against a 2019 baseline. The project is part of GM’s effort to reduce greenhouse gas emissions from its operations by 72% by 2035 and achieve carbon neutrality by 2040. The Fort Wayne plant repurposes waste heat from gas-powered generators to heat the plant, which GM is working to deploy at St. Catharine’s Pro...

OEM Plants  Updated at: 2025/05/13

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. Competitors -Ashimori Industry-FinDreams Technology-Hyundai Mobis-Jinhen...

Major Suppliers  Updated at: 2025/05/07