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IDTechEX sees battery swapping as winner in 2- and 3-wheeler markets of Asia-Pacific

Green Car Congress

In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.

Asia 326
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Bridgestone leverages big data to implement optimal plantation for higher yield in Pará rubber tree farms

Green Car Congress

Bridgestone Corporation has developed an optimization system for Pará rubber tree ( Hevea brasiliensis ) plantations. The natural rubber currently used to produce tires is sourced from the Pará rubber tree, which primarily grows in Southeast Asia. billion while the number of automobiles owned will exceed 2.4

Brazil 248
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IHI and Hyundai WIA form turbocharger JV in South Korea

Green Car Congress

IHI Corporation and Hyundai WIA Corporation, a major automobile parts manufacturer and a major subsidiary of Hyundai-Kia Motor Group, have entered a joint venture agreement for turbochargers. 1 brand in Asia through the joint-business in South Korea. IHI intends to strengthen its position as the No.1

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Suzuki Motor eyes record year, India to drive global sales | Autocar Professional

Baua Electric

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. We will continue to promote the expansion of our SUV models and aim to recover our total passenger car share,” the company assured investors.

Suzuki 52
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Volvo Cars and Geely agree on technology sharing and the formation of LYNK & CO; next-gen electrified vehicle tech

Green Car Congress

A new technology joint venture will be formed called GV Automobile Technology (Ningbo) Co. A separate LYNK & CO company, fully responsible for the LYNK & CO car line, will also be formed, jointly owned by Volvo Cars, Geely Holding and Geely Auto, with a newly constituted board of directors.

Volvo 170
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Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

Green Car Congress

Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., The two companies had signed a memorandum of understanding back in August to explore the possibility of such a venture. Ford already operates successful vehicle joint ventures with Changan Ford Automobile Corporation, Ltd.

China 150
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Canada’s Linamar to ‘in an instant’ split garden on unused EV provide plant

Baua Electric

Corporate CEO Linda Hasenfratz stated the cutting-edge plant can be a “flagship location” for the corporate’s structural castings trade. Pioneered via Tesla, giga-presses are old to build massive structural automobile elements, changing portions that in the past required various welds with a unmarried aluminum piece.