ting automotive manufacturing remains central to the UK’s value proposition. The growing connected and automated mobility (CAM) market also presents massive opportunities with a supportive regulatory framework facilitating the shift from testing to deployment. It is set to reach GBP 24 billion by 2040. Based on SMMT press release...

News  Updated at: 2026/04/09

cantly more demanding 2030 targets, without altering legal obligations. Despite this welcome procedural fix, the transition to zero-emission (ZE) HDVs is progressing too slowly. ACEA further stated that the amendment does not revise, lower, or reopen the ambitious HDV CO2 targets for 2030, 2035, or 2040, fully preserving the regulation’s overall ambition and the long-term decarbonisation pathway. The proposal does not address the infrastructure...

News  Updated at: 2026/04/08

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 October 19, Volvo Cars opened a new state...

OEM Plants  Updated at: 2026/04/07

nd enables continuous processing. The company aims to improve the degree of interfacial contact between the electrolyte and electrodes as well as increase productivity. In 2021, Honda set a goal of increasing the sales ratio of electric vehicles (EV) and fuel cell vehicles (FCV) to 100% globally by 2040. All-solid-state batteries, which have high energy density and are resistant to high temperatures, are expected to be the next-generation batteri...

OEM Plants  Updated at: 2026/04/06

ugust, with deliveries scheduled to commence in September. 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 Trucks announced it will launch a 5-wh...

OEM Plants  Updated at: 2026/04/06

electric vehicles BYD to construct NEV passenger vehicle facility in Changzhou BYD gains approval from Hong Kong bourse for semiconductor spin-off BYD enters strategic partnership with Goertek in areas such as smart cockpit BYD to work toward 100% zero-emission medium and heavy-duty truck sales by 2040 BYD to build manufacturing site for core NEV components in Anhui Province BYD to build industrial parks for NEVs, parts and power batteries in Ji...

OEM Plants  Updated at: 2026/04/02

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.   Mitsubishi...

OEM Plants  Updated at: 2026/04/01

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: 2026/03/30

Germany announces climate protection program, focuses on sustainable mobility On March 25, the German Federal Cabinet has adopted a climate protection program to save 25 million tons of CO2 by 2030. This will enable the climate targets for 2030 and 2040 to be met.  In the transport sector, the country will promote the purchase of electric cars. The new funding program for electric cars will support up to 800,000 electric vehicles. The target gro...

News  Updated at: 2026/03/27

cern and opposition. These measures are considered to be aimed at recent trends by Chinese companies.   On March 5, the European Council formally adopted the amended European Climate Law, introducing a binding intermediate target to reduce greenhouse gas emissions by 90% compared to 1990 levels by 2040. The revised regulations allow for the use of international credits for up to 5% of emissions reductions from 2036 onward, provided that at least...

Market & Tech Reports  Updated at: 2026/03/27

Daimler starts first test of electric trucks in Germany Daimler Trucks’ European FUSO plant on track for CO₂-neutral production in 2022 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 Mitsubishi Fuso's MFTE partners with Polytechnic Institute of Tomar for e-mobility training program in Portugal Daimler on Jul 28, announced ...

OEM Plants  Updated at: 2026/03/24

mpany K2, plans to expand its autonomous commercial operations from Yas Island to Al Reem Island, Al Maryah Island, and Saadiyat Island, following a successful pilot phase. In partnership with Abu Dhabi Mobility, AutoGo’s expansion supports the emirate’s goal of making 25% of all trips smart by 2040. AutoGo by K2 is a UAE-based, fully autonomous ride-hailing service launched in partnership with Baidu’s Apollo Go. Based on Abu Dhabi Autonomo...

News  Updated at: 2026/03/20

mber engine parts makers see increased revenue and profits TPR makes Osaka Precision Machinery subsidiary TPR, Japan invests USD 5 million in Israel-based Aquarius Engines TPR to establish joint technical center with Anhui Huanxin Group TPR aiming to increase new business sales to JPY 50 million in 2040 TPR Co., Ltd.'s first quarter results TPR to increase production capacity of cylinder liners in U.S. and China TPR's piston rings chosen for new...

Major Suppliers  Updated at: 2026/03/20

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: 2026/03/19

ransformation by reviewing the strategy, which was previously revised in 2023. In the roadmap for leveraging public and private funding that has been developed by the Japanese government includes draft targets such as achieving JPY 40 trillion annual sales of domestically produced semiconductors in 2040, and METI also intends to incorporate these targets in its strategy. Mr. Toshiyuki Ochi, Parliamentary Vice-Minister of Economy, Trade and Indust...

News  Updated at: 2026/03/19

MATERI'ACT’s recycled IniCycled-P selected for European commercial van program MATERI'ACT, a FORVIA SE subsidiary, announced that its recycled compound IniCycled-P VP34M has been selected for a premium commercial van program in Europe. Production is scheduled from 2028 to 2040. Over the program’s duration, the material is expected to supply approximately 20 kilotons for automotive interior applications. (From MATERI'ACT social media updates o...

News  Updated at: 2026/03/18

eadily transforming itself into a software-driven company. 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 January 12, Volvo Cars and the ICBC Peony...

OEM Plants  Updated at: 2026/03/17

Honda plans new roadmap as 2040 EV/FCV goal looks unlikely Honda Motor Co., Ltd. (Honda) announced on March 12 that it will revise its goal of making all new car sales in 2040 electric or fuel cell vehicles. President Toshihiro Mibe said, "In reality, we believe it will be difficult to achieve this goal. We are currently redrawing our long-term roadmap," he said. The company plans to outline its concrete direction at a press conference in May. Ho...

News  Updated at: 2026/03/13

Japanese government aims for sales of JPY 40 trillion from semiconductors produced in Japan by 2040 The Japanese government aims to achieve sales of JPY 40 trillion from semiconductors produced in Japan by 2040. It will support the development and manufacturing capabilities for advanced semiconductors, whose demand is growing due to the advancement of artificial intelligence (AI). In light of geopolitical risks, it will also help to strengthen su...

News  Updated at: 2026/03/11

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: 2026/03/09