proving our competitiveness and ability to capture profitable growth. (From a press release on February 3, 2022) SKF announced its commitment to have a supply chain with net-zero greenhouse gas emissions by 2050. SKF commits to reducing CO2 emissions in its supply chain by 45% by 2035 and by 60% by 2040. SKF has pledged to source at least 40% of steel from carbon-neutral steel plants by 2040 and to reduce transport-related greenhouse gas emission...

Major Suppliers  Updated at: 2026/06/12

his will meet roughly 20% of the plant's annual electricity requirements. Any electricity that is not generated internally is purchased from renewable sources, primarily wind and hydroelectric power. This factory supports the Company’s goal to achieve climate neutrality across all value chains by 2040. It will be used as the blueprint for other plants such that all Company locations will be fully powered by green electricity by 2025. The e-mobi...

Major Suppliers  Updated at: 2026/06/12

tion booth, regarding the company's approach to differentiating itself in the SDV era, the evolving role of safety component suppliers as the focus of automotive safety shifts, materials technologies centered on lightweighting and recycling, and its vision for vehicle cabins looking ahead to around 2040. As SDVs advance, vehicle value is increasingly shifting toward software. At the same time, the rapid growth of Chinese NEV OEMs is driving major...

Exclusive Interviews  Updated at: 2026/06/03

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: 2026/06/03

y basis and adapt according to needs in the other plants. 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 November 13, Aurobay and AB Volvo enter...

OEM Plants  Updated at: 2026/06/02

he future growth area of SBW. It is positioned as an open software platform for AD/ADAS (Autonomous Driving / Advanced Driver Assistance System) and has the characteristic of being deployable on any hardware platform. We will propose the product to various OEMs and aim to enhance sales from 2030 to 2040.In the driveline business, demand for drive shafts is actually on the rise, in line with the increase in BEVs equipped with both front and rear m...

Exclusive Interviews  Updated at: 2026/06/02

ding) published its 2021 Sustainability Report where it aims to achieve carbon neutrality across its entire value chain by 2045. Geely Auto aims to achieve carbon neutrality by 2045 and reduce whole vehicle lifecycle carbon emissions by 25% by 2025. Volvo Cars plans to achieve climate neutrality by 2040 and become a 100% BEV (battery electric vehicle) company by 2030. Polestar aims to introduce a fully carbon-neutral automotive product and elimin...

OEM Plants  Updated at: 2026/06/01

es, and alternative fuels such as hydrogen and e-fuels. Roadmap 3.0: A Long-Term Technology Framework   She linked this framework to the China Society of Automotive Engineers’ (China SAE) “Energy Saving and New Energy Vehicle Technology Roadmap 3.0,” which defines development targets through 2040. The roadmap outlines coordinated progress across key areas, including engines, electric drive systems, batteries, semiconductors, and AI technol...

Market & Tech Reports  Updated at: 2026/05/29

to the agreement, the two parties will strengthen their cooperation in sustainable development and work to accelerate Schaeffler’s achievement of its carbon neutrality goals through procurement of carbon neutral steel products. Schaeffler aims to achieve climate neutrality in the supply chain by 2040 and in manufacturing by 2030, when it expects to cut the CO2 emissions from intermediate products and raw materials in the supply chain by 25%. A...

Major Suppliers  Updated at: 2026/05/26

ent to localize EX90 production at the Shah Alam facility. 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: 2026/05/21

BMW Brilliance Automotive Ltd. (BBA), while Brilliance China Automotive Holdings Ltd. indirectly holds the remaining 25%. BBA has received relevant business licence from the Chinese authorities, effective February 11, 2022. It has also extended the joint venture contract for BBA joint venture until 2040. BBA will be fully consolidated in the group financial statements of BMW AG. The payment of the purchase price is expected to be completed by Feb...

OEM Plants  Updated at: 2026/05/20

A normal charge can fully charge the battery overnight, while fast chargers installed at delivery centers and other locations can completely charge in less than two hours. The Singapore government has set a goal of converting all vehicles traveling on the country's roads to clean energy vehicles by 2040. Mitsubishi Fuso will contribute to the logistics industry by introducing the eCanter, which is suitable for intra-city deliveries.   On March 2...

OEM Plants  Updated at: 2026/05/18

he future growth area of SBW. It is positioned as an open software platform for AD/ADAS (Autonomous Driving / Advanced Driver Assistance System) and has the characteristic of being deployable on any hardware platform. We will propose the product to various OEMs and aim to enhance sales from 2030 to 2040.In the driveline business, demand for drive shafts is actually on the rise, in line with the increase in BEVs equipped with both front and rear m...

News  Updated at: 2026/05/15

strategy centered on hybrid vehicles (HVs). The company plans to introduce next-generation HVs from 2027 onward, launching 15 models globally by fiscal year 2029. Meanwhile, it has withdrawn its goal of making all new vehicle sales consist of electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. Honda fell into its first net loss since listing due to a slowdown in EV demand, but aims to recover with a growth strategy centered on HVs. The...

News  Updated at: 2026/05/15

ew energy strategy has given a clear timetable for carbon neutrality: from 2030, 100% of R&D will be invested in new energy products, the electrification of all products will be realized, and all factories will gradually achieve carbon neutrality. Carbon neutrality in operations will be achieved by 2040 at the latest, and carbon neutrality in the entire value chain will be achieved by 2050 at the latest. At the same time, the strategy includes re...

OEM Plants  Updated at: 2026/05/12

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: 2026/05/11

tives of economic security and decarbonization. The government’s Seventh Basic Energy Plan, compiled last year, outlines a policy aiming to begin supplying low-carbon gasoline blended fuel with 10% bioethanol (E10) by fiscal year 2030, and E20 (blended with 20% bioethanol) starting in fiscal year 2040. Although the Basic Plan does not specify the required volume of domestically produced materials to be used, the government intends to push for d...

News  Updated at: 2026/05/08

in Germany Daimler Trucks’ European FUSO plant on track for CO₂-neutral production in 2022 FUSO introduces all-new Canter in Europe Daimler Truck launches production of all-new Fuso eCanter in Tramagal, Portugal plant MFTBC’s Tramagal, Portugal plant to become climate positive facility by 2040 Daimler starts production of FUSO eCanter in Europe FUSO eCanter handed over to first customers in the Netherlands Daimler Trucks hands over FUSO...

OEM Plants  Updated at: 2026/04/30

l resources by integrating local R&D with Honda’s over 70 years of experience in automobile manufacturing. Build and commission a new zero-carbon EV plant in 2024; achieve carbon peaking and manufacturing phase carbon neutrality in 2025; and achieve product lifecycle carbon neutrality by 2045 (or 2040 as far as possible). Conduct market-centric local development by launching six new battery electric models by 2027 to cover more extensive requir...

OEM Plants  Updated at: 2026/04/29

e. On January 27, Cavan Auto, a New Energy commercial vehicle (NECV) brand jointly established by Foton Motor, Boyuan Capital, Beijing SinoHytec Co., Ltd., and BAIC Capital, was officially launched. It will focus on sustainable development, promising to realize full-value-chain carbon neutrality by 2040. Cavan Auto will develop battery electric and hydrogen fuel cell technology paths and create an NEV-dedicated platform. Its product portfolio wil...

OEM Plants  Updated at: 2026/04/28