stered capital of CNY 20 million. The business scope of the company includes engineering and technological research, test development as well as industrial design services, and will be positioned as a technology research and development company in the new energy field. On March 21, XPeng Motors has acquired Guangdong Foday Automobile Co., Ltd., and will obtain vehicle production qualifications through the deal. XPeng Motors will deliver its secon...

OEM Plants  Updated at: 2026/04/02

Tube Investments, India acquires complete ownership of EV manufacturer TIVOLT On March 31, Tube Investments of India Limited announced that its subsidiary TI Clean Mobility Private Limited has acquired 30 million shares of TIVOLT Electric Vehicles Private Limited, representing 5.45% of the share capital of TIVOLT, for a consideration of INR 300 million. TIVOLT Electric Vehicles has become a wholly owned subsidiary of TI Clean Mobility.  TIVOLT E...

News  Updated at: 2026/04/01

before moving the operation to suburban Detroit. Focusing on larger electric vehicles, he developed the B1 SUV and B2 pickup, and later reengineered a Chinese-developed Class 4 cab vehicle for production, which happened at Roush Automotive in Livonia, Michigan. In September 2022, Mullen Automotive acquired a 60% controlling interest in Bollinger Motors for USD 148.2 million in September 2022, and by June 2025, Mullen increased its ownership to 9...

News  Updated at: 2026/04/01

sui Kinzoku ACT 27％ - U-SHIN 14％ - Others 6％ [Global]Global Market Share: Side Door Latches-  Kiekert is market leader with an 21% market share.-  Aisin, Mitsui Kinzoku ACT and Inteva Products are competing for position behind Kiekert with market shares ranging between 12% and 16%. Inteva acquired the Body Systems unit of ArvinMeritor (now Meritor) in 2011.-  Other suppliers with significant market share include Magna International and...

Who Supplies Whom  Updated at: 2026/04/01

t to Ford Thailand Manufacturing (FTM), the facility will support Ford’s long-term regional production strategy. The deal is expected to close within the next few months, after which Ford will evaluate how to integrate the plant into its existing operations to support future production needs. The acquired site covers 412.5 rai (66 hectares) with 65,000 square meters of facilities. Built in 2012 and located in a free-trade zone, it enhances oper...

OEM Plants  Updated at: 2026/03/31

y issues during parts delivery and zero warranty claims over the past year. The award-winning Geumsan plant in South Korea supplies original equipment (OE) tires for the Ford F-150 pickup truck. It became the first of the company's eight global production sites to receive the award. The company has acquired Ford's Q1 Award certification for its eight production sites, starting with the Daejeon Plant in South Korea in 2000, and most recently for t...

News  Updated at: 2026/03/31

, prototype production and application for a production permit. The mini vehicle maker is expected to start selling mass production models in September 2013. Its production capacity will be expanded to 50,000 units in the next five years. On June 25 Jiangling Motors Co., Group announced that it has acquired Jiangxi Huaxiang Fuqi Automobile Co., Ltd., an automaker located in Jiangxi Province. Huaxiang Fuqi Automobile Co. produces off-road vehicles...

OEM Plants  Updated at: 2026/03/31

billion Hongkong dollars). Its parent company, BYD Company Limited announced in September 2008 that it had signed a capital collaboration contract with "MidAmerican Energy Holdings Company," an energy subsidiary of "Berkshire Hathaway Inc." led by a U.S. investor Warren Edward Buffett. MidAmerican acquired a 9.89 percent equity stake in BYD in the form of accepting new issue stocks for 250 million dollars (1.8 billion Hong Kong dollars). While t...

OEM Plants  Updated at: 2026/03/31

s (extended reality, XR), "efficiency of on-site work can be improved by linking with XR."   Generalizing the benefits (value) of digital twins, Data Collection (collecting and accumulating in-vehicle and external driving data) → Simulation (predicting the stress on each component based on data acquired in a virtual environment for future forecasting) → improved work efficiency through Visualization (visualizing inspection points using XR d...

Market & Tech Reports  Updated at: 2026/03/30

Koyo Seiko (presently JTEKT), Japan for manufacturing. Feb. 1986 Entered a JV agreement with Maruti Udyog Ltd. (presently Maruti Suzuki) Oct. 1987 Commenced production of manual steering gear and manual steering column. May 1988 Listed through an IPO. Jul. 1992 Koyo Seiko (presently JTEKT) acquired 8% stake in the Company. Aug. 1994 Certified as an approved vendor to Koyo Seiko (presently JTEKT). Jul. 1996 Started production of hydra...

Major Suppliers  Updated at: 2026/03/30

Geely released the new grade of its Gleagle GX7 SUV at the Chengdu Motor Show. The car gets its power from a 2.4-liter all-aluminum CVVT engine, mated to a six-speed automatic transmission with a manual mode, made by DSI Holdings Pty Limited (DSIH), a major automatic transmission maker of Australia acquired by Geely in 2009. The car has a a maximum power output of 119 kW at 5,700 rpm and produces the peak torque of 220 Nm at 4,000-4,200 rpm. It i...

OEM Plants  Updated at: 2026/03/30

come was KRW 95 million. Trends in battery thermal management: In January 2025, the Hankook & Company Group completed its acquisition of Hanon Systems, a South Korean manufacturer of thermal management systems. On January 3, 2025, tire maker Hankook Tire & Technology, a subsidiary of the group, acquired shares of Hanon Systems, increasing its stake to 54.77%. In November 2024, Hanon Systems announced it would build a plant for electric compre...

Market & Tech Reports  Updated at: 2026/03/30

ity (year) Electronic Control Systems: 150,000 units / year - The joint venture, Leapmotor International, will start exporting from China in the second half of 2024, initially with the C10 model. It will be mainly exported to Germany, France, Italy, Spain and other countries. - Leapmotor Co., Ltd. acquired the vehicle production qualification of New Forta Automobile Industry Co., Ltd. and started the relocation construction project of annual pro...

OEM Plants  Updated at: 2026/03/30

above). 02 S2 2022/20 2022/3/9 A revision of definitions, test requirements and test methods in accordance with the review of the test track (,regarding a different series than above). 4 Adopted proposal regarding UN/ECE regulation 160 01 2021/58 2021/3/10 Event Data Recorder -Revision of acquired data items -Addition of transitional provisions 01 S1 2022/26 2022/3/9 -Revision of definitions -Revision of Annex 4, Table 1 Table...

Regulations  Updated at: 2026/03/27

e to get lidar sensors down to prices below 100 US dollars per unit by 2033,” explains Glen de Vos, CEO of Microvision, FIGURE 3. De Vos was CTO of Delphi and Aptiv for many years, so he knows what the industry really needs and the significance of such a statement. Among other things, Microvision acquired the Hamburg/Germany-based company Ibeo and used this technology to develop its solid-state sensor, which operates entirely without moving par...

Market & Tech Reports  Updated at: 2026/03/26

o expand its dealer network to have 130 dealer showrooms within the UK and, with Korando as a flagship model. It expects to increase its annual sales volume in this market to 5,000 units by 2013. At the Delhi Auto Expo 2012, Mahindra & Mahindra has showcased four models of SsangYong Motor, which it acquired in 2011. The four vehicles are the Rexton premium SUV powered by a 2.7-liter diesel engine with a maximum output of 184PS; the Korando E, whi...

OEM Plants  Updated at: 2026/03/25

UD Trucks Corporation UD Trucks headquarters, Isuzu Group, acquired by Isuzu Motors from Volvo Group in April 2021 UD Trucks' plant in Japan UD Trucks Ageo Plant Regarding to whole trend, please refer to the following contents: - Daily News Worldwide - Automotive Sales - Automotive Production - Model Launch Schedules - Electric/Autonomous - Market & Tech Reports - OEM Plants / Suppliers ...

OEM Plants  Updated at: 2026/03/25

his year, with mass production expected as early as 2028, though the exact production scale has not yet been disclosed. This will be Hyundai’s second hydrogen fuel cell production base, following the successful launch of its first overseas plant in Guangzhou,China. In February 2024, Hyundai Motor acquired Hyundai Mobis’ domestic hydrogen fuel cell division. Once the new plant is operational, Hyundai will streamline production by manufacturing...

OEM Plants  Updated at: 2026/03/25

ill withdraw from the Shanghai A share market on March 7. Meanwhile, GAC Group is expected to be listed on the A share market by exchanging shares with GAC Changfeng Motor. After being listed, GAC Group will establish a joint venture with Mitsubishi Motors using the assets of GAC Changfeng Motor it acquired. Guangzhou Automobile Group's sales in 2011 were up 25.6 percent to 10,984 million yuan. Group's total production and sales were about 740,00...

OEM Plants  Updated at: 2026/03/25

rque is147 Nm. It has such safety features as six airbags and Bosch ninth-generation electronic stability program (ESP). As of April 20 the order for the M3 has exceeded 11,000 units. The company is convinced that the M3 will become a flagship model with annual sales over 100,000 units. The company acquired a permit to establish a new plant. It will invest 340 million yuan to purchase an about 890,000 square-meter land for development, production...

OEM Plants  Updated at: 2026/03/25