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News
MINI releases initial design sketches of fully electric production model
BMW’s MINI brand has released initial design sketches of its first fully electric model, the company announced in a press release on 12 July. MINI will be showcasing the MINI Electric Concept at the Festival of Speed (FOS), which will be held during 12–15 July in Goodwood, Southern England. “MINI is an urban brand and the fully electric MINI the logical next step int...
13-Jul-2018
News
Hyliion acquires battery business of a publicly-listed company
Hybrid-electric technology provider for trucks, Hyliion has acquired the battery business of a publicly-listed company, the company announced in a press release on 10 July.  Although Hyliion has not divulged the name of the company from which it has acquired the battery business, according to news website trucks.com, the company is Gentherm. The battery division ...
13-Jul-2018
News
BYD delivers five electric buses to Vineyard Transit Authority in US
BYD has delivered five electric buses to Martha’s Vineyard Transit Authority (VTA) in the United States, the company announced in a press release on 10 July. The delivery is part of an order for six buses, which includes four BYD K9S 35-foot models and two K7 30-foot models. The sixth bus is scheduled to be delivered towards the end of the July. The VTA also announced pl...
13-Jul-2018
News
Federal subsidy for Tesla models in US to fall as EV maker’s sales cross 200,000 units
Federal subsidy of USD7,500 for electric vehicles (EV) will start phasing out for all Tesla’s models as the company has crossed sales of 200,000 units, the company announced on its website. For any Tesla vehicle delivered between 1 January 2019 and 30 June 2019, the federal tax credit will only be USD3,750, compared to USD7,500 before that. The tax credit will further fa...
13-Jul-2018
News
Faurecia plans to open new plant in US to produce instrument panels
Faurecia Interiors, a manufacturer of automotive interior systems, plans to open a new plant in Toledo, Ohio (United States) to produce instrument panels for vehicles, the company announced in a press release on 12 July. Faurecia intends to invest USD11 million in the 73,000-square foot plant, which is expected to create more than 100 new jobs. The company expects to st...
13-Jul-2018
News
Aito secures EUR2.5 million investment to further develop ‘HapticTouch’ technology
Aito has secured an EUR2.5 million (USD2.9 million) investment from Innovation Industries and existing shareholders to accelerate further growth of its ‘HapticTouch’ technology in the automotive and mobile computing industries, according to a company press release on 11 July.  “Innovation Industries, with their experience in the high-tech industry, can help us t...
13-Jul-2018
News
Allego, Ecotap plan to install 4,500 EV chargers in Netherlands
Allego, along with charging infrastructure initiative Ecotap, plans to install 4,500 electric vehicle (EV) chargers in Netherlands, Allego announced in a press release on 12 July. The chargers will be installed in 43 participating cities in Gelderland and Overijssel provinces. The first charging sockets will be installed after the summer. “We are proud to increase the av...
13-Jul-2018
News
Porsche launches 800-volt EV chargers in Germany
Porsche has launched its first fast charging park featuring 800-volt electric vehicle (EV) chargers at the Berlin-Adlershof Technology Park in Germany, the company announced in a press release on 11 July. The charging park has four chargers, two of which feature the new 800-volt charging technology developed by Porsche Engineering Services. “In this rapidly evolving w...
13-Jul-2018
News
Rinspeed to establish new start-up 'Snap Motion' to commercialise 'Snap' concept vehicle
Swiss automotive company Rinspeed will establish a new start-up, ‘Snap Motion’, to help commercialise its ‘Snap’ electric autonomous concept vehicle, the company announced in a press release. The new company will operate from two locations. The start-up’s facility in Silicon Valley (United States) will handle the software aspects, whereas its facility in Central ...
13-Jul-2018
News
New Zealand to grant USD642,000 for hydrogen fuel infrastructure
New Zealand is set to invest NZD950,000 (USD642,000) to develop hydrogen fuel infrastructure in the Taranaki region, the government announced on its website on 12 July. The funding will be used to scope the engineering and design of two hydrogen generation facilities, up to four mobile compressed hydrogen storage and distribution containers, and up to three hydrogen refuel...
13-Jul-2018
News
Sumitomo Rubber supplies Falken tires as OE for Mercedes G-Class
Sumitomo Rubber is supplying its Falken brand of tires as original equipment (OE) for the new Mercedes-Benz G-Class, the company announced in a press release on 12 July. The tire-maker began supplying Falken Wildpeak A/T3WA and AS210A in May, in 265/60 R18 size. Christian Stolting, key account manager for Falken Tyre Europe GmbH, said, “For us, the approval to fit the...
13-Jul-2018
News
FCA, Porsche to recall 5,512 vehicles in South Korea over faulty parts
The South Korean government has asked Fiat Chrysler Automobiles (FCA) and Porsche to recall a total of 5,512 vehicles in the country over defective parts, Yonhap News Agency reported on Thursday (12 July). Of the total, FCA will recall 5,398 vehicles over problems with engine control software and lower control arms. The recall affects four models – the Chrysler 200 an...
13-Jul-2018
News
JLR issues two recalls in Australia over airbag defect
Jaguar Land Rover (JLR) has issued two recalls in Australia over faulty Takata airbag inflators affecting a total of 5,845 vehicles, according to a recall notice published on the Australian Competition and Consumer Commission's (ACCC) website on 12 July. The recall affects 4,757 units of the Jaguar XF X250 model and 1,088 units of the Range Rover L322 model. In the...
13-Jul-2018
News
Yaskawa reports USD144.5 million net income for Q1
Yaskawa Electrics posted net income of JPY15.71 billion (about USD144.5 million) for the first quarter ended 31 May 2018, the Japan-based company said in a press release on Thursday (12 July). The company reported net sales of JPY128.2 billion and operating income of JPY17.2 billion. Last year, Yaskawa changed its financial year reporting period from 20 March to the last d...
13-Jul-2018
News
Toray Industries breaks ground on new manufacturing facility in India
On Wednesday (11 July), Toray Industries (India) Private Limited, the Indian subsidiary of Japanese supplier Toray Industries, broke ground on a new production base in Sri City, Andhra Pradesh (India), reports news daily The Hindu. The company plans to invest approximately INR10 billion (USD89.9 million) at the Sri City site, which will be built on an 85-acre site. The com...
13-Jul-2018
News
VOXX Automotive, UniKey to jointly develop secure keyless vehicle access solutions
VOXX Automotive, a manufacturer of electronic products for the automotive industry, and UniKey Technologies, a provider of mobile access control platforms, have teamed up to jointly develop secure, keyless products and vehicle access solutions for the automotive market, according to a company press release on Thursday (12 July). VOXX will contribute its expertise i...
13-Jul-2018
News
New Audi Q8 features advanced connectivity technologies
Audi has launched its all-new Q8 sport utility vehicle (SUV) in Europe featuring advanced connectivity technologies, the automaker said in a press release on 9 July. The new SUV features two high-resolution touch displays. While the upper display with a 10.1-inch screen diagonal is used for controlling the infotainment and navigation system, the lower 8.6-inch display...
12-Jul-2018
News
Toyota AI Ventures, TRI launch initiative to drive innovation
Toyota AI Ventures has launched a “call for innovation” initiative in partnership with the Toyota Research Institute (TRI) to encourage entrepreneurial innovation, the Japanese automaker said in a press release on 11 July. Under the initiative, Toyota AI Venture offers promising start-ups the opportunity to get venture capital funding between USD500,000 to USD2 million...
12-Jul-2018
News
Aldo Kamper to start serving as Leoni’s new CEO from 1 September
Aldo Kamper will start serving as Leoni’s new CEO from  1 September 2018, ahead of schedule, according to a company press release yesterday (11 July). In March this year, Leoni announced the appointment of Aldo Kamper as new president and CEO, effective 1 October 2018. “I am pleased that Mr Kamper will commence working at Leoni sooner than initially planned. Busin...
12-Jul-2018
News
VW signs LOI with FAW, ICV to collaborate on electromobility, connectivity, autonomous driving, new mobility services
Volkswagen (VW) Group China has signed a letter of intent (LOI) with its long-time Chinese joint venture (JV) partner FAW Group and China Intelligent and Connected Vehicles (Beijing) Research Institute (ICV) to collaborate in areas such as electromobility, connectivity, mobility services, and autonomous driving, the German automaker said in a press release on 10 July....
12-Jul-2018
News
EVgo launches grid-tied public fast charging system with second-life batteries
EVgo has launched its first commercial installation of second-life battery storage at a public DC fast charging station in Union City, California (United States), the company said in a press release on 10 July. The company has integrated second-life BMW i3 batteries to store energy from the grid generated during peak solar hours and later use that energy to fast charge EVg...
12-Jul-2018
News
Mitsui Kinzoku opens new company in Morocco to produce door latches, other automotive parts
Mitsui Kinzoku, through its wholly owned subsidiary Mitsui Kinzoku Act, plans to establish a European branch in Paris, France, as a sales and development base and a new company in Tangier, Morocco, to produce door latches and other automotive parts, the company said in a press release on Tuesday (10 July). The company plans to invest EUR2.5 million (USD2.9 million) to...
12-Jul-2018
News
LED lighting module maker Laster Tech to expand production capacity in China
LED lighting module maker Laster Tech will soon begin work to expand production capacity at its factory in Wuhan, China, Digi Times reported on Wednesday (11 July). In addition, Laster is upgrading production lines by adopting automated equipment and developing new models of automotive headlight and fog lamp modules. Significance: The expansion will help the company mee...
12-Jul-2018
News
CATL to build EV battery production factory in Germany
China-based Contemporary Amperex Technology Ltd (CATL) will establish its first European battery production factory in Germany, Reuters reported on Monday (9 July). The electric vehicle (EV) battery supplier signed a contract to build the new plant in Erfurt, Thuringia (Germany), during the recent visit of China’s Premier Li Keqiang to Germany, according to the report. ...
12-Jul-2018
News
TomTom acquires 100% stake in TomTom Africa
TomTom has acquired full ownership of its African subsidiary, TomTom Africa (Pty), Ltd, by buying out the shares owned by the minority shareholders, the company said in a press release on 9 July. With this, TomTom has raised its ownership in TomTom Africa to 100%, from the previous 76%. The Dutch supplier has not disclosed the financial details of the transaction. Signi...
12-Jul-2018
News
5GAA, BMW, Ford, PSA showcase C-V2X direct communication interoperability in Europe
5G Automotive Association (5GAA) along with BMW, Ford, PSA, Qualcomm and Savari held the first live demonstration of cellular-vehicle to everything (C-V2X) communication technology, operating across vehicles from multiple automakers, in Paris (France), 5GAA said in a press release on 11 July. The demonstration featured a live showcase of C-V2X direct communication between ...
12-Jul-2018
News
JTKET plans to open new plant in India to produce steering systems
Japan-based steering system components supplier JTEKT plans to open a new plant in India to produce steering systems, news site ET Auto reported today (12 July) citing Tetsuo Agata, President, JTEKT Corporation. "By the end of this year, we will be sharing the details of our new plant in India which will be opened to support the demand from Suzuki," Agata was quoted as say...
12-Jul-2018
News
SGL Carbon expands production capacities for graphite anode material used in lithium-ion batteries
SGL Carbon is expanding production capacity for synthetic graphite anode material for use in lithium-ion batteries at its US, Polish and German sites, the company announced in a press release on Wednesday (11 July). SGL plans to invest a low double-digit million-euro amount at the Morganton, North Carolina (United States), and Raciborz and Nowy Sacz sites in Poland. The co...
12-Jul-2018
News
Johnson Electric’s Q1 sales up 16% y/y to USD872 million
Johnson Electric has reported a 16% year-on-year (y/y) growth in sales to USD872 million for the first quarter ended 30 June 2018, according to a company press release yesterday (11 July). Sales grew 10% y/y to USD826 million excluding currency movements and the one month effect of acquisition of Halla Stackpole, which became an 80%-owned subsidiary in May last year. Curre...
12-Jul-2018
News
Autoneum expands development and production site for tooling in Czech Republic
Autoneum is expanding its development and production site for tooling in Hnátnice, Czech Republic, the company announced in a press release on Wednesday (11 July). The site makes high-precision tools and molds that are used in production of lightweight components for noise and heat protection in vehicles. The company expects to make injection molding, bending and foaming ...
12-Jul-2018
News
Maxim collaborates with Qualcomm on vehicle infotainment
Maxim Integrated Products has announced that some of its products are compatible with Qualcomm Technologies’ Snapdragon 820 Automotive Platform for infotainment applications, the company said in a press release on 10 July. Maxim’s power management, USB charging, next-generation gigabit multimedia serial link (GMSL) serializer and deserializer (SerDes), remote tuner, an...
11-Jul-2018
News
Honeywell develops new inertial navigation unit for autonomous vehicles
Honeywell has launched a new inertial navigation unit that provides accurate navigation for various applications, including autonomous vehicles, the company said in a press release on 10 July. The new unit called “HGuide n580” is the first navigation solution that uses both precision inertial measurement unit technology and Global Navigation Satellite Systems (GNSS) to...
11-Jul-2018
News
Daimler, Bosch select NVIDIA autonomous driving platform for self-driving fleet
Daimler and Bosch have signed an agreement with NVIDIA to use the US-based company’s latest ‘Drive Pagasus’ artificial intelligence (AI) computing platform in self-driving vehicles, the two Germany-based companies said in a joint press release today (11 July). Daimler and Bosch have   been collaborating on developing highly automated (Level 4) and full...
11-Jul-2018
News
Tesla to build new electric car plant in Chinese city Shanghai
Tesla has signed agreements with Shanghai Lingang Area Development Administration and Lingang Group to establish its first overseas plant in China, according to a press release by the Shanghai Government today (11 July). The plant, which will be set up at in the Pudong New Area in Shanghai, will have an annual production capacity of 500,000 cars. “Shanghai welcomes Tesla...
11-Jul-2018
News
Audi signs MOU with Huawei to collaborate on intelligent connected vehicles
Audi has signed a memorandum of understanding (MOU) with Huawei Technologies to collaborate on the development of solutions for intelligent connected vehicles, the German carmaker said in a press release on 10 July. Audi has not provided further details on the collaboration, except to say that the deal will cover the two partners building and testing data connectivity, and...
11-Jul-2018
News
BMW joins Baidu’s Apollo platform to accelerate development of autonomous driving in China
BMW has signed a memorandum of understanding (MOU) with Baidu to join the Chinese technology company’s Apollo autonomous driving platform as a board member, the German automaker said in a press release on 10 July. “BMW Group and Baidu have been actively exploring the intelligent vehicle sector and are well-aligned in our vision for the future of autonomous driving,” ...
11-Jul-2018
News
Toyota begins car-sharing service in Honolulu through Servco Pacific
Toyota has launched a new car-sharing service in Honolulu, Hawaii (United States), through its local distributor Servco Pacific, the Japanese automaker said in a press release on 10 July. The car-sharing service called ‘Hui’ is a round-trip, station-based service that is available 24/7 to users in the capital city of Hawaii. The service utilizes Toyota’s proprieta...
11-Jul-2018
News
BMW, Great Wall Motor form JV to produce MINI EVs in China
BMW has signed an agreement with Chinese automaker Great Wall Motor to form a joint venture (JV) to produce electric vehicles (EVs) under its MINI brand in China, the German automaker said in a press release on 10 July. The 50:50 JV, Spotlight Automotive, will be based in Jiangsu Province, where the two partners plan to set up a production facility. Apart from producing MI...
11-Jul-2018
News
Chassix's subsidiary Diversified Machine plans to close plant in US state Indiana
Chassix's subsidiary Diversified Machine Bristol LLC has plans to close its Elkhart County facility in Indiana (United States), Inside Indiana Business reported last month (26 June). According to the report, the move will result in the layoffs of 95 employees over the next several months. The closure is scheduled to begin on 24 August. The company plans to move the facilit...
11-Jul-2018
News
Hyundai CRADLE invests in Ionic Materials to advance EV battery technology development
Hyundai CRADLE, the corporate venturing and open innovation business arm of South Korean automaker Hyundai Motor, is investing in a US-based solid-state battery start-up Ionic Materials, the automaker announced in a press release on 10 July. The partnership is aimed at advancing development of battery technology and electric vehicle (EV) performance with solid-state batter...
11-Jul-2018
News
Toyota recalls 2,628 Innova Crysta, Fortuner vehicles in India to inspect fuel hose routing
On 3 July, Toyota announced a voluntary recall/special service campaign in India to inspect fuel hose routing, and correct it if required, for the gasoline models of Innova Crysta and Fortuner manufactured between 21 July 2016 and 22nd March 2018, according to a press release by the automaker. Toyota is recalling 2,628 units of the two models, reports the Press Trust ...
11-Jul-2018
News
Press Kogyo’s FY 2017/18 net income up 11% y/y to USD54.9 million
Press Kogyo has reported a 11% year-on-year (y/y) growth in net income to JPY5.8 billion (USD54.9 million) for the fiscal year ended 31 March 2018, according to a press release on 9 July. Net sales for the period were up 13.7% y/y to JPY212.1 billion, which supported a 33.1% y/y growth in operating income to JPY11.5 billion. Geographically, sales from domestic subsidiar...
11-Jul-2018
News
Momentum Dynamics installs 200 kW wireless charging system in US state Tennessee
Momentum Dynamics has deployed a 200-kilowatt (kW) wireless charging system for electric transit buses in Chattanooga, Tennessee (the United States), the company announced in a press release on 9 July. The company installed the system inside the Chattanooga Area Regional Transportation Authority (CARTA) Shuttle Park. According to the press release, Momentum Dynamics's wire...
11-Jul-2018
News
Shandong Linglong Tire breaks ground on new plant in China
On 6 July, Shandong Linglong Tire broke ground on a new plant, which will be called ‘Hubei Linglong Tire’, at Jingmen, Hubei Province (China), according to a company press release. The new plant will be spread over 900,000 square meters with a planned floor area of more than 700,000 square meters. The plant will have an annual production capacity of 12 million passenge...
11-Jul-2018
News
BASF expands portfolio of hydrolysis-resistant polyesters for use in automotive applications
BASF is expanding its range of hydrolysis-resistant thermoplastic polyesters, Ultradur® hydrolysis resistant (HR), for use in automotive applications. According to a press release on 9 July, the company has added Ultradur® B4330 G6 HR, Ultradur® B4330 G10 HR, and Ultradur® B4331 G6 HR to its range of polyesters. The new grades have an increased resistance to alkaline m...
11-Jul-2018
News
Goodyear supplies Eagle brand tires for Jaguar E-PACE
Goodyear is supplying its Eagle brand tires as original equipment (OE) fitment for the new Jaguar E-PACE, the company announced in a press release on 10 July. The tire-maker is supplying its Eagle F1 Asymmetric 3 SUV and Eagle F1 Asymmetric SUV All-Terrain for the E-PACE. Goodyear is supplying Eagle F1 Asymmetric 3 SUV in 235/60R18 107V XL, 235/55R19 105W XL and 245/45R...
11-Jul-2018
News
Ford recalls 5,397 EcoSport SUVs in India over faulty welding, seat recliner locks
Ford is recalling 5,397 units of its compact sport utility vehicle (SUV) EcoSport over two separate issues, First Post reported on 6 July. In the first issue, Ford is recalling 4,379 units of the SUV for a potentially faulty welding that might affect the strength of the lower control arm, which in turn could affect steering control. These units were manufactured at the com...
10-Jul-2018
News
Hyundai, Baidu strengthen collaboration on connected car technologies
Hyundai has signed a memorandum of understanding (MOU) with Baidu to strengthen their collaboration on connected car technologies, the South Korean automaker said in a press release today (10 July). As part of the latest agreement, the two partners will jointly develop a connected car service that provides a diverse range of in-car content such as real-time traffic updates...
10-Jul-2018
News
Kongsberg Automotive expects Q2 2018 revenue between EUR283 million and EUR285 million
Kongsberg Automotive expects to report revenues between EUR283 million and EUR285 million for the second quarter ended 30 June 2018, according to a press release on 9 July. Adjusted EBITDA is anticipated between EUR27 million and EUR28 million. The company will disclose second quarter results on 27 July 2018. Additionally, Kongsberg Automotive announced plans to refinan...
10-Jul-2018
News
Daimler, China’s Tsinghua University deepen joint research on automated driving, intelligent mobility
Daimler and Tsinghua University have agreed to further strengthen their research cooperation on sustainable transportation in China, the German automaker said in a press release on 9 July. The latest agreement will support joint research conducted at the ‘Tsinghua Daimler Joint Research Center for Sustainable Transportation’ for an additional three years. The partners ...
10-Jul-2018
News
Tata Power plans to install 100 EV charging stations in India
As part of a memorandum of understanding (MOU) signed between Tata Motors and the government of India’s Maharashtra state, Tata Power is planning to install 100 electric vehicle (EV) chargers in the state, reports news website CarAndBike. The charging stations will include both fast and regular chargers. “We are happy to present Maharashtra with various electric vehicl...
10-Jul-2018
News
Beijing Electric Vehicle plans to set up 100 battery-swap stations in Beijing this year
Beijing Electric Vehicles (BJEV), the electric vehicle (EV) subsidiary of BAIC, is planning to start a battery-swap service and set up 100 battery-swap stations in Beijing this year, Bloomberg reported on 5 July citing the company. Under the new service, BJEV will provide users with an option to sell their car back at half of the original price within three years. The comp...
10-Jul-2018
News
UK releases ‘Road to Zero’ strategy aimed at reducing vehicle emissions
The government of the United Kingdom has released its ‘Road to Zero’ strategy to reduce level of emission from transportation sector, according to a press release by the UK government on 9 July. Under the strategy, the UK government aims to see at least 50% – and as many as 70% – of new car sales to be ultra-low emission by 2030. The government also aims to se...
10-Jul-2018
News
VW appoints Stefan Sommer as procurement chief
The Volkswagen (VW) Group has appointed Dr. Stefan Sommer as member of its board of management, with responsibility for procurement, the German automaker said in a press release on 9 July. Sommer’s appointment will become effective from 1 January 2019. He will replace Dr. Francisco Javier Garcia Sanz, who left VW in April this year. Sommer, most recently, worked as CE...
10-Jul-2018
News
BYD to deliver 15 all-electric buses in Spain
China-based BYD has received an order to supply 15 all-electric 12-meter buses to public transport operator TUBASA in Spain, the company announced in a press release on 5 July. The buses will operate in the city of Badajoz. The vehicles are expected to be delivered in spring next year. BYD said all the buses will be equipped with new generation iron-phosphate batteries, in...
10-Jul-2018
News
China plans to further tighten subsidy policy for EVs
China is planning more reduction in electric vehicle (EV) subsidies in a bid to push technology innovation and make the market self-sustaining, Bloomberg reported on 6 July citing people familiar with the plan. According to the report, the Chinese government is considering increasing the minimum driving range of EVs – required to be eligible for subsidies – to 200 kilo...
10-Jul-2018
News
VW, Mazda recall vehicles in North America over defective airbags
Volkswagen (VW) and Mazda are recalling a total of 3,360 vehicles in North America, according to the National Highway Traffic Safety Administration (NHTSA). VW is recalling 821 units of model year (MY) 2018 Atlas and Tiguan over an airbags issue. In the affected vehicles, the passenger frontal airbag may tear or not properly unfold during deployment in the event of a cr...
10-Jul-2018
News
Audi equips new Q8 with optional HD Matrix LED technology
Audi is offering HD Matrix LED technology as an optional feature in the new Q8, the automaker said in a press release on 9 July. The HD matrix LED headlights consists of 24 individual LEDs. Additionally, the model features daytime running lamps and taillights that display a special light show sequence when locking or unlocking the vehicle. In addition, Q8 owners can activa...
10-Jul-2018
News
Bosch supplies ADAS technology, sensors, electric motor control for NIO’s ES8 EV
German-based Bosch Group and China-based electric vehicle company NIO have signed a strategic cooperation agreement focused on sensor technology, automated driving, electric motor controls, and intelligent transport systems, Bosch announced in a press release yesterday (9 July). According to the press release, Bosch has supplied driver assistance systems, control units, se...
10-Jul-2018
News
All-electric vehicle sales in France up 11.7% y/y to 18,060 in H1 2018
Sales of all-electric vehicles (BEV) in France totaled 18,060 units – including 14,381 private BEVs and 3,679 electric vans – in the first six months of 2018, recording a growth of 11.7% year-on-year (y/y), Avere France announced in a press release on 5 July. June proved to be a strong month,  with nearly 3,240 private models and 859 electric vans registered durin...
10-Jul-2018
News
VW Group, JAC, SEAT sign MOU to set up new R&D center for EV, autonomous driving technologies in China
On 9 July, the Volkswagen (VW) Group signed a memorandum of understanding (MOU) with Anhui Jianghuai Automobile Group (JAC) and SEAT to set up a new research and development (R&D) center in China, the company announced in a press release. The R&D center will work on developing electric vehicles (EV), connectivity and autonomous driving technologies, as well as a co...
10-Jul-2018
News
BMW Brilliance Automotive to produce and export iX3 EV from China
BMW has signed a long long-term framework agreement with Brilliance Automotive Group to further expand their joint venture, BMW Brilliance Automotive (BBA), in China, the automaker announced in a press release on 9 July. Under the new agreement BBA is planning to export BMW’s all-electric sport utility vehicle (SUV) iX3 from China. The production of iX3 EV is scheduled t...
10-Jul-2018
News
Novares invests in start-up Actronika to improve user experience of smart surfaces in cars
France-based automotive plastic parts supplier Novares, through its investment arm Novares Venture Capital, is investing in Actronika, a French start-up that specializes in integration of haptic technology (tactile feedback) into smart surfaces to improve the user experience, according to a company press release yesterday (9 July). Novares Venture Capital inked a letter of...
10-Jul-2018
News
Toyo Tire develops new device to reduce tire cavity noise
Toyo Tire & Rubber has developed a new device to significantly reduce a tire's cavity noise, according to a press release on 3 July. The new device is based on ‘Toyo Silent Technology’ that helps reduce sound that is transmitted from the tire to the interior of a vehicle. Significance: According to the company, the new technology has been able to reduce tire cav...
10-Jul-2018
News
STMicroelectronics unveils new automotive-grade six-axis inertial sensor
STMicroelectronics has unveiled a new automotive-grade ‘ASM330LHH’ six-axis inertial sensor, the company announced in a press release yesterday (9 July). The new sensor is suitable for super-high-resolution motion tracking in advanced vehicle navigation and telematics applications. The new low-noise, temperature-stable design enables dependable telematics services such...
10-Jul-2018
News
SupplierInsight Weekly – 9th July 2018
Click the link above to download this week's issue
09-Jul-2018
News
IAA Commercial Vehicles 2018: MAN to showcase all-electric solutions for city logistics applications
MAN Truck & Bus will showcase two new all-electric trucks, MAN eTGM and MAN eTGE, at the 2018 IAA Commercial Vehicles in September in Germany, the company announced in a press release on 6 July. The MAN eTGM is an electric distribution truck and the MAN eTGE is the electric version of a new MAN transporter van. MAN Truck & Bus will also display the prototype of the...
09-Jul-2018
News
Neuvition develops high-resolution lidar with video fusion for autonomous driving
Neuvition has developed the first version of its 480 lines of high-definition (HD) video lidar ‘TitanM1’, the company announced in a press release on 6 July. The new semi-solid lidar offers resolution of 1280x480, which Neuvition claims to be one of the highest in the commercial market. The new lidar has up to 1.5 million points per second data rate with multiple retur...
09-Jul-2018
News
Mahindra Electric to supply 50 e2o Plus EVs to Zoomcar in Indian city Pune
Mahindra Electric, the electric vehicle (EV) unit of Indian automaker Mahindra & Mahindra (M&M), has extended its partnership with self-drive rental car start-up Zoomcar. According to a company press release on 5 July, Mahindra Electric has supplied 50 units of e2o Plus electric cars for Zoomcar’s self-drive rental as well as ZAP subscription program in Pune, Mah...
09-Jul-2018
News
LEVC launches TX electric taxi in Germany
London EV Company (LEVC) has launched its TX electric taxi in Berlin, Germany, the company announced in a press release on 5 July. LEVC also announced that it will partner with Volvo Germany to import, sell and maintain these vehicles. The vehicle will be targeted at the operators of larger street taxis, the contract taxi market as well as the growing number of mobility se...
09-Jul-2018
News
Two million EV charging stations needed to meet CO2 regulations, says ACEA
The European Automobile Manufacturers Association (ACEA) has said that nearly 2 million electric vehicle (EV) charging stations are required by 2025 to meet the newly proposed CO2 reduction targets for cars and vans, according to a press release on 5 July. According to a study by ACEA, currently there are just over 100,000 EV charging stations in EU, 76% of which are conce...
09-Jul-2018
News
Renault-Nissan-Mitsubishi appoints Kal Mos to lead connected car business
Renault-Nissan-Mitsubishi has appointed Kal Mos to lead the connected car activities of the alliance, Automotive News Europe reported on 6 July. Mos succeeds Ogi Redzic, who had joined the former Renault-Nissan Alliance as head of connected vehicles and mobility services in 2016. Mos joined Renault-Nissan-Mitsubishi in March this year as global vice-president for connec...
09-Jul-2018
News
Qualcomm extends deadline for cash tender offer to acquire all outstanding shares of NXP
Qualcomm has extended the deadline for its cash tender offer to acquire all outstanding shares of the Netherlands-based NXP Semiconductors to 5:00 pm New York City time on 13 July 2018, the US-based chipmaker said in a press release on 6 July. According to the American Stock Transfer & Trust Company, the depository of the tender offer, NXP’s shareholders had validly ...
09-Jul-2018
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Innogy, StreetScooter enter development partnerships for EVs
Utility company Innogy’s subsidiary Westnetz and Deutsche Post DHL’s (DPDHL) electric van subsidiary StreetScooter have entered a development partnership for electric vehicles (EV), the company announced in a press release on 6 July. The two companies will jointly develop an electrically powered emergency vehicle for the energy supplier and network operator. Under the ...
09-Jul-2018
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Leti, Transdev, IRT Nanoelec announce pilot program to assess new perception sensor for autonomous vehicles
Leti, a research institute at CEA Tech, has teamed up with Transdev and IRT Nanoelec to start a pilot program to “characterize and assess lidar sensors to improve performance and safety of autonomous vehicles”, the research institute said in a press release on 5 July. Leti said its team will focus on perception requirement and challenges from lidar system perspective a...
09-Jul-2018
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Mazda recalls 269,618 vehicles in US to fix defective airbags
Mazda is recalling 269,618 vehicles in the United States over defective airbags, The Detroit News reported on 6 July citing the National Highway Traffic Safety Administration (NHTSA). The recall affects model year (MY) 2003-2008 Mazda6, MY 2006-2007 Mazdaspeed6 and MY 2004 MPVs nationwide. The automaker is recalling MY 2005-2006 MPVs in certain states and territories. In t...
09-Jul-2018
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thyssenkrupp supervisory board accepts CEO Heinrich Hiesinger’s resignation
The supervisory board of German steel major thyssenkrupp on Friday (6 July) accepted the resignation of its CEO Heinrich Hiesinger in "mutual agreement", according to a press release. The supervisory board did not appoint an interim CEO; it asked the board, Guido Kerkhoff, Oliver Burkhard and Donatus Kaufmann to lead the company for the time being. “The succession for Dr...
09-Jul-2018
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Rane TRW Steering plans new plant in India to produce occupant safety products
Rane TRW Steering Systems (RTSSL), a subsidiary of India-based auto parts supplier Rane Group, plans to set up a greenfield plant in Trichy, Tamil Nadu (India) to produce occupant safety products, news website ET Auto reported on 7 July. The new plant will manufacture seatbelts and airbags for the Indian market. “Many OEMs are making dual airbags (passenger and driver...
09-Jul-2018
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Grammer releases statement regarding takeover offer by Jiye Auto Parts
Grammer’s management board and supervisory board released their joint statement on the voluntary public takeover offer by Jiye Auto Parts GmbH, an affiliate of China-based Ningbo Jifeng. According to a press release on 6 July, the management and the supervisory boards recommend that all Grammer shareholders accept the offer. The management board and the supervisory bo...
09-Jul-2018
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EVBox acquires EV charging station manufacturer EVTronic
Netherlands-based EVBox has acquired France-based charging station manufacturer EVTronic, the company announced in a press release on 6 July. With the acquisition, EVBox is adding 700 fast charging stations – already installed by EVTronic – to its European network. All current EVtronic employees will join EVBox. EVTronic founder and president Eric Stempin will join the...
09-Jul-2018
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Dongfeng, CATL's joint battery plant starts operation in China
A new plant set up jointly by Dongfeng and Contemporary Amperex Technology Limited (CATL) has started operations in the Wuhan Economic and Technological Development Zone in China, Xinhuanet reported on 5 July. According to the report, the plant is expected to have three production lines by 2019 and have a combined capacity to produce 192,000 battery sets annually by 2...
09-Jul-2018
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Toyota equips new Corolla Sport, Crown with onboard 'data communication module'
Toyota has equipped the new Corolla Sport and Crown sedans with an onboard ‘data communication module’ (DCM), the Japanese automaker said in a press release. DCM allows the Japanese automaker to offer various connected services to T-Connect subscribers through its Mobility Service Platform (MSPF), including cloud-based, real-time navigation; e-care driving guidanc...
09-Jul-2018
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MY 2019 Genesis G70 features advanced connectivity, driver-assist technologies
Genesis has equipped its model year (MY) 2019 G70 sports sedan with SmartSense suite of safety and convenience technologies, the company said in a press release on 5 July. The sedan comes equipped with advanced driver assistance systems (ADAS) such as forward collision-avoidance assist with pedestrian detection, blind spot collision warning, lane keeping assist and driver ...
09-Jul-2018
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BYD, Changan plan to set up JV for EV battery production
Chinese automakers BYD and Changan Automobile are setting up a new joint venture company in Chongqing, China, for production and sales of electric vehicle (EV) batteries. According to a press release from BYD on 5 July, the two companies will carry out capital cooperation in the upstream and downstream of the new energy industry chain and jointly launch the new energy vehi...
09-Jul-2018
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Daimler receives permit to test Level 4 autonomous driving vehicle in China
Daimler has secured a license to test highly autonomous (Level 4) vehicles on roads in Beijing, China, the company said in a press release on 6 July. The company will begin testing of its Mercedes-Benz vehicles on public roads in the capital city of China to further fine-tune its autonomous driving technology.    Autonomous driving is one of the key focus area...
09-Jul-2018
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Daimler delivers 10 Fuso eCanter trucks in Portugal’s capital city Lisbon
Daimler has delivered 10 Fuso eCanter all-electric trucks to city administration of Lisbon, Portugal, the company announced in a press release on 6 July. Lisbon authorities will use the trucks for municipal gardening trips and for waste disposal. Significance: Lisbon has become the sixth city globally – after Tokyo, New York, Berlin, London, and Amsterdam – where Da...
09-Jul-2018
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Grupo Antolin secures USD116.8 million loan from European Investment Bank
Grupo Antolin has secured a EUR100 million (USD116.8 million) loan from the European Investment Bank (EIB), according to a press release on 6 July. Grupo Antolin intends to use the funds to finance its RDI strategy, which will run through 2020. The loan, which is backed by the Investment Plan for Europe, will ensure that the projects will be implemented within the establis...
09-Jul-2018
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Doublestar completes deal to acquire 45% stake in Kumho Tire
Chinese tire-maker Doublestar has acquired a 45% stake in South Korea-based Kumho Tire for CNY3.9 billion (about USD587 million), Doublestar announced in a press release on 6 July. Doublestar and the Korea Development Bank (KDB) held a trade closing ceremony in Seoul, South Korea last week. Doublestar has now become Kumho Tire's controlling shareholder; KDB and other Ku...
09-Jul-2018
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FCA develops new aluminum alloy with high heat resistance for engines
Fiat Chrysler Automobiles (FCA), in collaboration with Oak Ridge National Laboratory in Tennessee (United States) and casting supplier Nemak, has developed a new alloy called ‘16HT’, or ‘ACMZ’ for use in turbocharged engines, according to a blog post by FCA North America on 2 July. The development of this new alloy is the result of a three-year, USD3.5 mill...
09-Jul-2018
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Faurecia signs MOU to acquire 100% of Parrot Automotive
French automotive parts supplier Faurecia has signed a memorandum of understanding (MOU) with Parrot to acquire 100% of the latter’s subsidiary Parrot Automotive by the end of 2018, ahead of schedule, Parrot announced in separate press releases last week (6 July). Initially, Faurecia was to take 50.01% of Parrot Automotive from 2019 before raising it to 100% by 2022. The...
09-Jul-2018
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EU publishes ‘New Vehicle Type-Approval Framework Regulation’
The European Union (EU) has published a New Vehicle Type-Approval Framework Regulation for improving the quality of vehicle testing, in its Official Journal last month. The new rules will allow improved technical services; market surveillance to control the conformity of vehicles already available on the market, with the possibility for Member States and the European ...
06-Jul-2018
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Sono Motors hires Thomas Hausch as COO
Electric vehicle start-up Sono Motors has hired Thomas Hausch as its new chief operating officer (COO), the company announced in a press release on 5 July. Hausch will be responsible for the development and implementation of business strategies and production decisions, and for the management of strategic partners and suppliers. The appointment will be effective immediatel...
06-Jul-2018
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Chinese battery maker OptimumNano suspends production for six months
China-based battery manufacturer OptimumNano has suspended its production for six months due to a significant fall in orders for electric vehicle (EV) batteries, reports Nikkei Asian Review. The decline in orders is the result  of vehicle manufacturers, dependent on EV subsidies, getting hit by the Chinese government’s cutback on these subsidies because of ramp...
06-Jul-2018
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Strike at supplier forces Scania to temporarily halt V8 engines deliveries
Scania has temporarily suspended the delivery of its V8 engines due to an ongoing strike at its supplier of casted engine components, the company announced in a press release on 5 July. The halt will impact deliveries to customers of more than 2,000 trucks ordered with V8 engines. Sales of industrial and marine V8 engines have also been affected. Scania however did not rev...
06-Jul-2018
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Sumitomo Electric develops new high-power charger connector for EVs
Sumitomo Electric has launched its high-power electric vehicle (EV) quick-charger connector assembly ‘SEVD-11U,’ the company announced in a press release on 4 July. SEVD-11U achieves ratings of 200 A at 600 VDC, which is 1.9 times higher than the SEVD-02U, the conventional model with an output rating of 125 A at 500 VDC. Significance: The SEVD-11U quick-charger conn...
06-Jul-2018
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General Motors (GM) to increase Bolt EV production by 20% in Q4
General Motors (GM) is planning to increase the production of its Bolt electric hatchback by 20% in the fourth quarter of 2018, compared to the average of the first three quarters, the company announced in a press release on 3 July. “Demand for the Chevrolet Bolt EV, especially in the United States, Canada and South Korea, has outstripped production. The extra production...
06-Jul-2018
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Hyundai Mobis sales of eco-friendly car components touches USD936 million in 2017
Hyundai Mobis’ sales of eco-friendly car components touched KRW1 trillion (USD936 million) in 2017, the company announced in a press release on 5 July. “Hyundai Mobis 'accomplishment is the result of aggressive investment such as Hyundai Mobis' mass production of the core parts of hydrogen electric car in 2013, and the addition of a new factory for Chungju's eco-f...
06-Jul-2018
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Eberspächer acquires 20% stake in PACE Telematics
Eberspächer has acquired a 20% stake in Germany-based PACE Telematics, a cloud-based automotive big data start-up, through capital investment, the company announced in a press release on 5 July. With the acquisition, Eberspächer aims to expand cloud-based mobility services for its products. The three founders of the PACEwill continue to hold their management roles as co-...
06-Jul-2018
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ConVeX consortium hosts live demonstration of C-V2X direct communication interoperability in Germany
The Connected Vehicle to Everything of Tomorrow (ConVeX) consortium has announced Europe’s first live demonstration of cellular vehicle-to-everything (C-V2X) interoperability between a motorcycle, vehicles, and roadside infrastructure in Ingolstadt, Germany, according to a Qualcomm press release on 4 July. The demonstration featured the Audi Q7 and Audi A4, as well as a ...
06-Jul-2018
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PSA, Inria establish OpenLab for research in artificial intelligence
Groupe PSA and Inria (the French Institute for Research in Computer Science and Automation) have jointly set up an OpenLab, dedicated to artificial intelligence (AI) to improve efficiency and reliability of the results acquired by AI methods for automotive applications, the two parties announced in separate press releases on 5 July. The key focus areas of OpenLab will incl...
06-Jul-2018
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