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Genesis introduced the Electrified GV70 SUV by hosting a world premiere event at the Guangzhou International Automobile Exhibition (Auto Guangzhou 2021) in China last week. The multi-rapid charging system enables fast and stable charging by raising the voltage supplied by typical chargers from 400V to 800V.
A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories. —Tanja Vainio.
Constellium SE is supplying aluminum auto body sheet for the all-new Maserati Grecale SUV. Constellium is the primary supplier of auto body sheet solutions for the closures of the Maserati Grecale, including the hood, liftgate, and doors. Maserati unveiled the Grecale in March 2022.
Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles.
A global shortage of semiconductors—caused by manufacturing delays that some semiconductor makers blame on a faster-than expected recovery from the coronavirus pandemic—has forced automakers to adjust or cancel production over the past months. —Dave Anderson, president of SEMI Americas.
Benchmark Mineral Intelligence held its inaugural Battery Megafactories Europe 2022 event in Berlin; the event zeroed in on a number of pertinent points for the continent’s EV and battery supply chain. Lack of supply is not due to any geological constraints but to a simple lack of capital investment to build future mines.
SEMI Taiwan launched the SEMI Auto IC Master, a comprehensive guide to automotive semiconductor and component providers in Taiwan. The guide is available through an online account or in hard copy and can be purchased by contacting the SEMI Taiwan representatives listed on the SEMI Auto IC Master webpage.
The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.
Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing. Rap Eco Motors delivers premier e-rickshaws nationwide and abroad to countries in Asia, Africa, Europe and South America.
Broadly, the investments announced focus on the development of production facilities, technology, EV batteries, new product and securing future raw material supply (primarily semiconductors and battery materials). and is an innovation leader with the highest number of patents filed amongst other global automakers.
A global Automotive Manufacturing Outlook survey commissioned by ABB Robotics and industry publication Automotive Manufacturing Solutions found that more than half (59%) of respondents believe the shift to pure electric vehicle production is not achievable within current legislative timelines.
Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.
Japan-based NTN, a leading global supplier of hub bearings and driveshafts, will supply in-wheel motor technology to EV startup Changchun Fawsn Auto Tech (FSAT), established in October 2017 by FAW Group. FSAT will exhibit a prototype vehicle at the upcoming Beijing Motor Show. NTN’s latest in-wheel motor.
Volkswagen Group (Volkswagen AG) and the Government of Canada signed a Memorandum of Understanding (MoU) to promote e-mobility in the country and to explore opportunities across Canada’s automotive and battery supply chain. A key focus of cooperation is the supply of critical raw materials such as lithium, nickel and cobalt.
GlobalFoundries (GF), a global leader in feature-rich semiconductor manufacturing, and Ford Motor Company announced a strategic collaboration to advance semiconductor manufacturing and technology development within the United States, aiming to boost chip supplies for Ford and the US automotive industry.
The globalauto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Other elements of the note: BNEF cut the global solar demand forecast for 2020 from 121-152GW to 108-143GW. Chart: BloombergNEF.
Constellium SE is supplying aluminum auto body sheet solutions for the Mercedes-Benz C-Class produced in Europe, China, and South Africa and sold around the world. Constellium and Mercedes-Benz AG share a long history and we are proud to be a global partner on their Mercedes-Benz C-Class.
According to the Wall Street Journal, “Tesla has emerged as one of the auto industry’s biggest winners in a year plagued by semiconductor shortages and snarled globalsupply chains. Nearly all automakers suffered a massive blow in 2021. Except one. It owes that success in some measure to its Silicon Valley roots.”
The all-new, production version of the 2019 Insight ( earlier post ) will make its global production debut at the 2018 New York International Auto Show (NYIAS). The hybrid battery unit will be assembled at the company’s Marysville Auto Plant in Ohio, with the 1.5-liter Honda estimates the Insight will deliver up to 55 mpg (4.27
Honda Energy built its wind farm, an investment of approximately 100 million Brazilian reais (approximately US$40 million), in the city of Xangri-lá in Rio Grande do Sul, the southernmost state in Brazil (approximately 1,000 km south of Honda’s current auto production plant in Sumaré, São Paulo).
Despite supply chain issues that have affected the entire auto industry, Volkswagen claims to have reached a delivery goal for its ID-family electric cars early. VW on Monday said it had passed 500,000 global deliveries of ID models since the first European-market ID.3 3 hatchbacks were handed over to customers in October 2020.
Daimler AG and Zhejiang Geely Holding Group , the German and Chinese automotive groups, have formed a 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles. Future production will be located in China.
SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.
years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. million units in 2023, according to S&P Global Mobility forecasts, which is expected to curb the rate of average age growth in the coming year. million units to 13.9 light duty aftermarket in 2022 have grown to $356.5
With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. The battery cell business is one of the cornerstones of our NEW AUTO strategy which will make Volkswagen a leading provider of the sustainable, software-driven mobility of tomorrow.
Constellium SE will supply aluminum structural components for the recently introduced all-electric Ford F-150 Lightning that is expected to be available Spring 2022. Constellium-supplied structural components for the F-150 Lightning include the windshield header, rocker, radiator support, and others.
Weaker-than-expected demand in China is partly responsible, but the main driver has been the ongoing avalanche of new supply into the market, as plentiful cheap spodumene meets ample conversional capacity in China, the CRU analysts said. Another key factor which has contributed to the decline in lithium prices is the surge in mine supply.
General Motors (GM) and GlobalFoundries (GF) have entered a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. We see our semiconductor requirements more than doubling over the next several years as vehicles become technology platforms.
Geely Holding Group, Geely Automobile Holdings Limited (collectively “Geely”) and Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains. —Luca de Meo, CEO Renault Group.
These VPPAs will enable Honda to fully offset the remaining carbon-intensive grid-supplied electricity being used in its Ohio, Indiana, and Alabama automobile manufacturing operations, and will help the company meet its voluntary carbon reduction goal.
Albemarle, a leading global producer of lithium, bromine and catalyst solutions, expects lithium industry demand to reach 1.14 The security of supply is essential to underwriting the globalauto OEM investment in vehicle electrification, the company said during a presentation to investors.
TTTech Auto and Infineon Technologies have developed key components for a fail-operational electronic architecture for highly automated driving of SAE Level 3 and 4. Failover management mechanism developed under the European PRYSTINE project (Copyright TTTech Auto). —Stefan Poledna, CTO of TTTech Auto.
The EV Taxis are supplied by Geely Auto Group and the financing for the vehicles was provided locally by Sichuan Tianfu Bank Co Ltd. This initial order of 15,000 EV taxis is part of an agreement to supply a total of 89,000 EV taxis (now 93,000 taxis, with the additional 4,000 assumed from a third-party).
A global shortage of LFP cell capacity outside of China could hinder wider adoption by western automakers, Benchmark says. Last month Gotion High-Tech agreed to supply a large listed and unnamed US automaker with 200 GWh of LFP batteries between 2023 and 2028 in an indication of the auto industry’s reliance on Chinese production.
billion will go to 9 projects in the component manufacturing segment of the supply chain. intends to set up an advanced prelithiation and lithium anode manufacturing facility to accelerate the transition to next-generation lithium-ion (Li-ion) batteries and enable the development of a robust US battery component supply chain.
of total California auto sales in 2021. California’s EV adoption rate exceeds the global trends according to the International Energy Agency showing that the global EV market share jumped from 4.11% in 2020 to 8.57% in 2021. California also set a new yearly record with 250,279 electric vehicles sold, representing 12.4%
This development is consistent with Air Products’ growth strategy of executing global megaprojects that enable a transition to a cleaner, more sustainable energy future. We are impressed by the innovative approach taken by Air Products and encourage them to consider ways to reduce the upstream emissions from their natural gas supply.
Tesla ( NASDAQ: TSLA ) is expected to control 10% of the global automotive market in the coming years, analysts from Tokyo-based Mizuho Bank said in a recent note to investors. While Mizuho analyst Vijay Rakesh identifies the growing global EV market and Tesla’s domination of it , he is aware of incoming competitors.
An Ipsos AutoGlobal Study has found that new vehicle owners in US, China, EURO5 and Brazil desire autonomous functionality in their next vehicle. As we continue through 2020, retail sales will be a key focus as supply continues to decline and with the uncertainty of the recent spikes in COVID-19 cases, Ipsos said.
The collaboration will deliver materials essential for the auto industry’s shift to EVs, enhance Indonesia’s EV manufacturing industry and support Ford’s plan to deliver a two-million EV production run rate by the end of 2026 and further scale over time. trillion (US$4.5 billion) and is expected to generate 12,000 construction jobs.
A more recent trend with Europe’s lithium-ion battery build out is the emergence of auto majors as pseudo-battery producers seeking to secure cell supply through joint-venture plants. Overall, Benchmark is forecasting Europe to have a capacity of 789.2GWh by 2030, a little over 14% of the global total of 5,454GWh.
As the auto industry’s demand for semiconductors accelerates, Stellantis is implementing a multifaceted strategy designed to manage and secure the long-term supply of vital microchips. The supply agreements cover a variety of vital microchips, including: Silicon Carbide (SiC) MOSFETS, which are fundamental to the range of EVs.
Daimler is also promoting the use of UBQ across its logistics manufacturers to offset carbon footprint throughout the Daimler supply chain. UBQ operates a test plant in southern Israel which already supplies UBQ to the plastic industry with a capacity of 5,000 tons per year.
billion will go to 9 projects in the component manufacturing segment of the supply chain. intends to set up an advanced prelithiation and lithium anode manufacturing facility to accelerate the transition to next-generation lithium-ion (Li-ion) batteries and enable the development of a robust US battery component supply chain.
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