hat were issued in May to Unwrap Finance AB. Following the acquisition, Michelin has become the largest owner of Enviro Systems. In mid-May, Enviro Systems completed a directed issue to Unwrap Finance AB of a total of 10 million new shares, raising proceeds of SEK 21 million before issue costs. The subscription price per share was SEK 2.095 and the number of shares in the company following the issue amounted to 590.8 million while the share capit...

Major Suppliers  Updated at: 2025/05/27

n NEX Point’s competitiveness in the commercial electric vehicle market. In April 2025, NEX Point further restructured its capital by reducing registered capital to THB 2.66 billion, then increasing it to THB 9.32 billion through a Rights Offering for existing shareholders. During the May 15–21 subscription period, shareholders subscribed to 3.33 billion shares. On May 23, NEX Point registered its new paid-up capital of THB 5.99 billion with ...

News  Updated at: 2025/05/27

chnology and technical expertise, while allowing for the sourcing of components from MVSB, NCT, or approved third-party suppliers, as required. In addition, a technical service agreement worth MYR 1.25 million will be executed between the JVC and NCT, subject to specific conditions related to share subscription.This joint venture supports MCE’s strategic ambition to enhance its automotive electronics portfolio and drive global expansion in high...

News  Updated at: 2025/05/22

nch at the end of 2024. Concurrently, the company optimized vehicle buying and selling processes with top players in several industries to offer customers flexible battery swapping solutions. Announced at the conference were rents for swappable lithium-iron phosphate battery packs. Also signed were subscription agreements with 30 companies for a total of 107,500 battery packs. (From a CATL press release dated December 19, 2024) Battery swap so...

Major Suppliers  Updated at: 2025/05/19

L in WLTC mode). Safety features include a rearview monitor and the Toyota Safety Sense preventive safety package. The manufacturer's suggested retail price (including tax) is JPY 4.8 million. The model is produced at Toyota Auto Body's Yoshiwara Plant, with monthly sales of 400 units targeted. The subscription service "KINTO" also started handling the model on the 29th. On January 7, Toyota Motor Corporation (Toyota) announced its plant operatio...

OEM Plants  Updated at: 2025/05/19

model for autonomous trucking.   This partnership is expected to accelerate the adoption of autonomous trucking, reducing operational costs, improving fleet efficiency, and enhancing road safety. The first commercial deployment is planned for 2027, following the launch of Aurora Horizon, Aurora's subscription-based trucking service.       Guido Gehlen, Director of Connected Car Services and Charging Business Strategy  Betty Yagis, UXUI Stra...

Market & Tech Reports  Updated at: 2025/05/16

ing infrastructure at no cost to the building. Individual residents can then subscribe and charge their EVs at a price three times lower than public charging stations. The partnership aims to speed up EV adoption in France. As part of the deal, new Renault and Alpine buyers get a free 1-year Zeplug subscription when they buy a 7.4 kW home charger. Based on Mobilize press release...

News  Updated at: 2025/05/15

n access to the encoded OBD diagnostic ports of Mercedes-Benz vehicles. As a result, users of the Mahle TechPRO or BRAIN BEE CONNEX diagnostic tools can now easily retrieve vehicle data via the cyber security feature. Security certificates are obtained by accessing the Daimler portal with an annual subscription from Mahle or BRAIN BEE. Mahle is offering holders of an active license free access until the end of the year. Daimler AG will introduce ...

Major Suppliers  Updated at: 2025/05/15

2WD) and maximum system output of 144 kW (2WD), which is 1.6 times higher than the previous model. With a long list of improvements, including updates to all electric modules, the 1.8L model achieves fuel efficiency of 32.6 km/L (2WD). Of the 1.8L models, the U grade will be offered through the new subscription service "KINTO Unlimited" that started accepting applications from January 10. On January 25, Toyota Motor Corporation suspended producti...

OEM Plants  Updated at: 2025/05/13

icles built at its Saint-Jérôme, Quebec and Joliet, Illinois manufacturing plants. Followeing a gradual production ramp-up in 2023, the batteries produced at the facility will power the LionC and LionD school buses and the Lion5 trucks. On July 17, Lion Electric announced that it has entered into subscription agreements with investors for aggregate gross proceeds of approximately USD 142 million, which the company intends to use to fund working...

OEM Plants  Updated at: 2025/05/13

gency response team in under 95 seconds if necessary. It also includes a breakdown assistance service, called b-Call (for “breakdown call”), which the driver can trigger at the push of a button. By simply plugging it into the vehicle’s 12V socket (cigarette lighter), a user can activate their subscription to a support service through a dedicated Valeo mobile application. (From a press release on March 26, 2020) Valeo announced that under th...

Major Suppliers  Updated at: 2025/05/12

that drives the front and rear wheels with separate motors. On April 12, Toyota Motor Corporation (Toyota) announced it will launch the all-new bZ4X electric SUV on May 12 in Japan. All vehicles will be available for lease. Provisions for individual customers will be through a bZ4X exclusive KINTO subscription service plan (full-service lease). Toyota will commence the first phase by accepting applications for the first 3,000 units on May 12. A ...

OEM Plants  Updated at: 2025/05/09

Group's joint ventures in China – SAIC, Volkswagen, FAW-VW, and Volkswagen Anhui. On June 14, Ankai announced its intention to issue targeted shares to JAC, its controlling shareholder, who plans to subscribe for these shares in cash with a proposed amount of CNY 1 billion. Upon completion of the subscription, JAC’s stake in Ankai will be increased from 25.2% to 41.61%. The controlling shareholder of Ankai will remain JAC, and the actual cont...

OEM Plants  Updated at: 2025/05/08

Stellantis and FINN expand partnership with 5,300 vehicles order On April 30, Stellantis N.V. and car subscription platform FINN, Germany signed a 2025 framework agreement, with FINN already ordering 5,300 vehicles from various Stellantis brands. The vehicles come with different powertrains, including gasoline, hybrid, and electric. Notably, new models such as the Opel Grandland and fully electric Opel Frontera are now available through FINN's su...

News  Updated at: 2025/05/01

EVs. In 2011, Gent plant produced 266,422 vehicles. Volvo announced on September 21, that now they further expand its line-up of SUVs with the launch of its new XC40 small premium SUV in Milan, Italy. Volvo Cars also reinvents the traditional model of car ownership with its new ‘Care by Volvo’ subscription service. Care by Volvo, first available on the XC40 from launch, makes having a car as transparent, easy and hassle free as having a phon...

OEM Plants  Updated at: 2025/04/28

tire management. Goodyear Tire Management currently focuses on four primary products, including Goodyear Tire Optix digital inspection toolset, Goodyear CheckPoint drive-over reader devices, Goodyear TPMS Plus on-vehicle active monitoring system, and Goodyear TireReady comprehensive Tire Management subscription program. (From a press release on February 3, 2020) The Goodyear Tire & Rubber Company unveiled a reCharge self-regenerating concept tire...

Major Suppliers  Updated at: 2025/04/25

ons in a single device and applies artificial intelligence (AI), to provide automatic, more natural speed control with significant fuel savings. iQ-Cruise works with automated manual transmissions, including the Eaton Cummins Automated Transmission Technologies portfolio of transmissions. A monthly subscription fee covers all hardware, installation support, and regular software updates. Traxen's iQ-Cruise system utilizes AI, advanced algorithms, ...

Major Suppliers  Updated at: 2025/04/23

lease on September 12, 2019) ZF Friedrichshafen AG (ZF) issued a bonded loan of EUR 2.1 billion. With the funds, ZF replaces a part of the bridge financing for the planned acquisition of WABCO. ZF’s initial targeted amount for the bonded loan offering was EUR 500 million. Due to a substantial oversubscription - even in a challenging market environment - ZF decided to significantly increase the amount and hereby issued the second-largest bonded ...

Major Suppliers  Updated at: 2025/04/11

shifted to a "Market In" style, where new value (Innovation) is created by combining known products in pursuit of customer experience. (Figure 1-1)   Business models will also shift from the traditional purchase/sale of hardware (cars) to the purchase/sale of software (services) and the use/sale (subscription) of services that utilize data. (Figure 1-2)   As an example of a service, it is possible to detect dementia symptoms that a person woul...

Market & Tech Reports  Updated at: 2025/04/09

: Chinese headquarters, R&DSan Jose: Intelligent Driving R&D CenterMunich: Global Design CenterBerlin: Innovation Center (2023-)London: the development and management of motor sports cars and super carsBeijng: Global Software Development Center - On December 18, 2023, NIO Inc. entered into a share subscription agreement with CYVN Holdings L.L.C., through its affiliate CYVN Investments RSC Ltd (CYVN), an investment vehicle based in Abu Dhabi. Fol...

OEM Plants  Updated at: 2025/04/08