ely below the level of the 2023 fiscal year. This is mainly due to delayed growth in the Electrical Heaters business unit within the Climate Control Systems division and lower volumes in the Purem by Eberspacher division. However, the Company expects the adjusted EBIT to improve again in 2024. R&D Expenditure (in million EUR)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Total 40.2 55.9 51.6   R&D Facil...

Major Suppliers  Updated at: 2025/06/26

a 4-cylinder 1.6-litre gasoline engine designed for hybrid vehicles which generates output of 69 kW at 5,600rpm. It complies with EURO 6D FULL emissions standards. On June 24, Horse Technologies, part of Horse Powertrain, launched its first full hybrid powertrain – the HR18 HEV. It was created at R&D centers in Romania and Spain, and will be manufactured in Bursa, Türkiye, and Valladolid, Spain. The new hybrid system combines a gasoline engin...

OEM Plants  Updated at: 2025/06/25

invested EUR 4 million in its Valladolid plant to modify and scale its assembly line. The investment includes a EUR 260,000 investment in staff, creating 345 jobs. On June 24, Horse Technologies, part of Horse Powertrain, launched its first full hybrid powertrain – the HR18 HEV. It was created at R&D centers in Romania and Spain, and will be manufactured in Bursa, Türkiye, and Valladolid, Spain. The new hybrid system combines a gasoline engin...

OEM Plants  Updated at: 2025/06/25

Greater Than, Sweden and Honda partner to quantify crash risk using AI risk intelligence On June 25, Greater Than, the global provider of risk intelligence into road safety and climate impact, announced a new research and development partnership with Honda. The R&D initiative will analyze large-scale anonymized driving data to identify areas with high crash risk. By applying Greater Than’s AI technology that measures the driver's influence on r...

News  Updated at: 2025/06/25

lion in the long term, with an adjusted EBIT margin of 6 to 8% and a return on capital employed (ROCE) of over 16%. In the medium term, it expects to generate sales of EUR 20 to 22 billion, an adjusted EBIT margin of around 4 to 6% and a ROCE of around 12 to 15%. It also aims to reduce the ratio of R&D expenditure to total sales to below 10% by 2027 and to less than 9% in the long term. (From a press release dated June 24, 2025)...

News  Updated at: 2025/06/25

d function iterations can be achieved at the platform with the help of the wBMS (wireless battery management system) . On June 19, Shanghai General Motors broke ground for a new plant that will manufacture Cadillac products and the Pan Asia Technical Automotive Center (PATAC) broke ground for a new R&D facility in Jinqiao, Pudong New District, Shanghai City. The new plant and R&D facility represent total investment of RMB 8 billion and will occup...

OEM Plants  Updated at: 2025/06/25

Symbio SymphonHy Fuel cell systems Joint Venture of MICHELIN, Faurecia SE and Stellantis, producing fuel cell systems. The site is also an R&D Center and Symbio's future HQ. - Number of employees: 750 (as of 2024) - Production capacity: 16,000 units/year (to extend to 50,000 units/year in 2026) - Start of small-scale production in Oct. 2023 - Investment:   2023-till date: EUR 1 billion Symbio inaugurates Europe's largest fuel cell gigafac...

OEM Plants  Updated at: 2025/06/25

about construction status of Billy-Berclau Gigafactory Stellantis to transform its industrial sites towards e-mobility On February 12, Automotive Cells Company (ACC) announced the closing of a EUR 4.4 billion debt raising to boost funding for gigafactories in France, Germany, and Italy, along with R&D. The move aims to fast-track ACC's development as a prominent player in the battery industry for high-performance, low-carbon EVs. The debt packag...

OEM Plants  Updated at: 2025/06/25

DFMC, THU jointly establish student practice teaching base On June 23, Dongfeng Motor Corporation (DFMC) announced the holding of an inauguration ceremony in Wuhan, Hubei for a student practice teaching base jointly established by Tsinghua University (THU) and the DFMC R&D Institute. Taking the new base as an opportunity, the two parties will deepen the joint tackling of key core technologies such as intelligent assisted driving and AI by fully c...

News  Updated at: 2025/06/25

(Shanghai) Co., Ltd. (Formerly Adient (Shanghai) Seating Co., Ltd.) Sparco S.p.A. Toyota Boshoku Poland Sp. z o.o. (Formerly TBAI Poland Sp. z o.o.) Shanghai Jiading Yanfeng Seating Systems Co., Ltd. (Formerly Yanfeng Adient (Shanghai Anting) Seating Co., Ltd.) Guangzhou GAC-Ullitec Auto Interiors R&D Co., Ltd. Shanghai Faurecia Automotive Seating Co., Ltd. Nanjing Branch Dia Press Co., Ltd. Kitakami Tsuchiya Decal Co., Ltd. Grammer Interior Cha...

Who Supplies Whom  Updated at: 2025/06/25

al CAD 100 million in government grants, to upgrade its Woodstock and Cambridge assembly plants to build the next-generation RAV4 crossover. The investment and upgrades include production of a hybrid version of the RAV4, previously announced by Toyota at the 2018 New York Auto Show, and spending on R&D in Ontario. Toyota has been assembling RAV4s at the Woodstock plant since 2008, all of which have been conventionally powered since all hybrid mod...

OEM Plants  Updated at: 2025/06/25

al CAD 100 million in government grants, to upgrade its Woodstock and Cambridge assembly plants to build the next-generation RAV4 crossover. The investment and upgrades include production of a hybrid version of the RAV4, previously announced by Toyota at the 2018 New York Auto Show, and spending on R&D in Ontario. Toyota has been assembling RAV4s at the Woodstock plant since 2008, all of which have been conventionally powered since all hybrid mod...

OEM Plants  Updated at: 2025/06/25

x Auto Parts Co., Ltd. (Formerly ADVICS Taiwan Automotive Parts Co., Ltd.) Figure Intelligent Technology Co., Ltd. FinDreams Powertrain Co., Ltd. Alfred Teves Brake Systems (Pty) Ltd. ZF Automotive Technologies（Shanghai) Co., Ltd. (Formerly TRW Automotive Technology (Shanghai) Co., Ltd.) HL Mando R&D America Corporation (Formerly Mando America Corporation - Detroit) Trugo Automotive Technology (Jiangsu) Co., Ltd. Zhejiang Shuangli Automobile In...

Who Supplies Whom  Updated at: 2025/06/25

Ltd. (Formerly Zhejiang Space Time Power Technology Co., Ltd.) Haima Chengdu Laintem Motors Control Technology Co., Ltd. Jiangsu Mobis Automotive Parts Co., Ltd. Shenzhen Busbar Sci-Tech Development Co., Ltd. Shanghai Dajun Technologies, Inc. LG Electronics Inc. Beifang Kaida Automotive Technology R&D Co., Ltd. Tsuda USA Corporation (TUC) Aptiv PLC (Formerly Delphi Automotive PLC) Mitsubishi Electric Corporation Honda - Suzuka Factory Astemo Ame...

Who Supplies Whom  Updated at: 2025/06/25

Horse Powertrain unveils first integrated hybrid system HR18 HEV On June 24, Horse Technologies, part of Horse Powertrain, announced its new integrated hybrid powertrain – the HR18 HEV. It was developed at the R&D centers in Romania and Spain, and will be manufactured at Horse Technologies’ Bursa plant in Türkiye, and its Valladolid plant in Spain. The new hybrid system combines a gasoline engine, electric motor, transmission, and power elec...

News  Updated at: 2025/06/24

m. The project will proceed in stages, starting with large-unit assembly and gradually progressing to smaller-unit assembly, with the level of localization steadily increasing.  Small-unit assembly is scheduled to begin in the third quarter of 2025. As part of the partnership agreement, a unified R&D center will be established, along with the development of a local supplier cluster. On April 24, AGR HOLDING and DEFETOO announced plans to develo...

OEM Plants  Updated at: 2025/06/24

Automotive Cell Company (ACC) EV battery cells (pilot production) (2022-); Pilot site for battery manufacturing; Joint Venture between Stellantis, Saft (part of TotalEnergies since 2016), and Mercedes-Benz. Also, it holds Industrial Excellence Center. - ACC also has a R&D centre in Bruges, France for Battery prototyping. - Plant started battery development mid-2021, and started production in 2023. - Investment:   2020: EUR 200 million - Pla...

OEM Plants  Updated at: 2025/06/24

Hyundai Motor Europe Technical Center GmbH (HMETC) (Rüsselsheim) Hyundai Motors's R&D Location, in charge of powertrain, vehicle development, planning & project management, electronic systems, commercial vehicles, design, and other corporate functions tasks for Hyundai all three brands, Hyundai, Kia, and Genesis. - Number of Employees: more than 500 (as of January 2025). - Established in 2003. - Hyundai also has technical center (HMETC Nürbur...

OEM Plants  Updated at: 2025/06/24

Eco & Dream began full-scale operation of its integrated R&D facility in Ochang, South Korea South Korea’s secondary battery precursor manufacturer, Eco & Dream Co., Ltd., said it has begun full-scale operation of its new research and development (R&D) center in Ochang, Chungcheongbuk-do. The company consolidated its R&D facilities, previously located in Seoul, Cheongju, and Ochang, to establish this integrated R&D center in Ochang. The facilit...

News  Updated at: 2025/06/24

cle which support Level 4 and Level 5 automated driving. They will create application scenarios for unmanned smart mobility, sanitation and logistics, and explore such areas as autonomous driving testing, passenger-carrying operation, and standard certification, so as to form a mechanism comprising R&D, tests and demonstration. They will jointly build an intelligent connected EV platform to facilitate the commercial application of a new mobility ...

OEM Plants  Updated at: 2025/06/24