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Toyota Motor Corporation , and Toyota Tsusho Corporation established the Research Association of Biomass Innovation for Next Generation Automobile Fuels (Research Association) to study ways to optimize the process of producing fuel. Specific research areas are as follows: Research on Efficient Ethanol Production Systems.
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. Both parties have also agreed to inject 2 billion RMB (US$307 million) in capital into the company.
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., Each company will invest in the joint venture. FCRD is a company that holds tremendous significance for Toyota's global FC strategies. GAC Group); Beijing Automotive Group Co.,
The US Environmental Protection Agency (EPA) has reached settlements with two Iowa companies for allegedly tampering with car engines to render emissions controls inoperative, in violation of the federal Clean Air Act. According to EPA, Menzel Enterprises Iowa Inc. of West Des Moines installed “defeat devices” in at least five vehicles.
Developed in the 1940s, AA 7075 long held promise for use in automobile manufacturing, except for one key obstacle. By comparison, an aluminum alloy known as AA 6061 that is widely used in aircraft and automobile parts, has a tensile strength of 186 megapascals in welded joints.)
Companies to retain independent corporate structures. The collaboration will be overseen by a new governance model, supported by Geely Holding, the lead shareholder in both companies. Volvo Cars and Geely Auto confirmed the combination of their existing powertrain operations into a new standalone company.
BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Additionally, BYD and Toyota plan to staff the new company by transferring engineers and the jobs currently involved in related R&D from their respective companies.
Volkswagen has acquired a minority stake in the technology company SeeReal Technologies. This participation will secure access for the Group to future-oriented augmented reality in the field of display technologies for the automobile. Research in this area is being carried out by the company SeeReal Technologies and is progressing.
Innoviz Technologies, a leading provider of high-performance, solid-state lidar sensors and perception software, announced cooperation with Shaanxi Heavy Duty Automobile Co. Shaanxi Heavy Duty Automobile Co. The company is also one of the leaders in China in the field of autonomous driving research and development.
Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 EXOR is one of Europe’s largest diversified holding companies controlled by the Agnelli family.
Toyota Motor Company and Beijing SinoHytec have established a joint venture company to promote the commercial vehicle fuel cell system industry in China. Last year, Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., Earlier post.).
A large number of components in automobiles are made from plastics; these have to meet exacting safety, heat-resistance and quality requirements. That is why, so far, only petroleum-based materials have been suitable for manufacturing plastic components in automobiles that are subjected to particularly intensive wear.
signed a strategic memorandum of understanding (MOU) with Automobile & PCB establishing strategic investment and cooperation between NEO and A&P to advance the Korean mass production facility of NEO’s silicon anode materials for electric vehicle (EV) lithium-ion batteries. NEO Battery Materials Ltd. NEO Battery Materials Ltd.
liter V8 engine for automobiles that is fueled entirely by hydrogen. In Japan, Toyota and other automotive-related companies are about to begin a collaborative effort to expand the range of fuel options for internal combustion engines. Yamaha began developing a hydrogen engine for automobiles about five years ago.
announced the development of a hydrogen fuel cell system for maritime applications based on fuel cell technology for automobiles, as part of efforts to offer environment-friendly powertrain solutions. Furthermore, the company plans to expand the technology for a variety of applications and deployments. Yanmar Holdings Co.,
Japanese technology company Asahi Kasei will showcase diversified material solutions for safe and compact EV batteries, improved connectivity and lightweighting, as well as circular economy at Fakuma , the world’s leading trade event for industrial plastics processing, from 17 - 21 October 2023 in Friedrichshafen, Germany.
The cars all follow the same route: a 6-kilometer loop from the Shanghai Automobile Exhibition Center to a nearby hotel. But the company plans to gradually roll out its on-demand autonomous service over a larger area in Jiading, where Shanghai’s main autonomous driving zone is located. But currently, no company can do this.
The platform, comprising hardware and software services, will be available to all automobile players in Thailand looking to accelerate their production and sales of EVs in Thailand and elsewhere in the ASEAN region. PTT is a Thai state-owned oil and gas company and the largest publicly listed conglomerate in Thailand.
The company says the material is suitable for train drive systems, automobiles, robots and other applications requiring high reliability. The material also offers excellent heat resistance, suiting it for applications such as railway rolling stock, automobiles, robots, and industrial and medical equipment.
During the conference, the company announced its new environmental and safety initiatives and also held the world premiere of two planned production models and three concept models of Honda-brand electric vehicles. The e:N Series lineup symbolizes a start of full-fledged electrified automobile business Honda will begin in China.
Toyota’s fuel cell system, which was first introduced in the Toyota Mirai hydrogen-fuel-cell electric vehicle, has proved its value as a propulsion system for automobiles. However, the company has more recently been exploring the use of its fuel-cell system in other applications such as buses and trucks.
Toyocolor, the colorants and functional materials arm of the specialty chemicals company Toyo Ink Group of Japan, announced that the company’s Lioaccum conductive carbon nanotube (CNT) dispersions ( earlier post ) have been selected by the world’s largest battery manufacturer CATL (Contemporary Amperex Technology Co.,
Nidec first revealed its automotive traction motor system in September 2017; the company later went on to announce the successful development of a refined design that fully integrates the reduction gearbox and inverter. The super e-car with a driving mileage of more than 500 kilometers is slated to hit the market in 2019. Earlier post.).
Automobile R&D Center in Tochigi. In 2018, General Motors and Honda announced they were partnering on new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. Customer-centered is the philosophy that CATL has always insisted on. Earlier post.).
In fact, the company already offers something similar for its Motorrad division (motorcycles). If youre not a fan of German automobiles, the BMW Group Classics Product Catalog probably doesnt have much for you. If youre not a fan of German automobiles, the BMW Group Classics Product Catalog probably doesnt have much for you.
The company is also preparing special versions of some LADA models with reduced exposure to imported components. On 22 February—two days before Russia invaded Ukraine—the first serial LADA Vesta of the New Generation rolled off the assembly line of the LADA Izhevsk automobile plant.
The unveiling will take place at an exhibition event that introduces the automobile industry’s efforts to achieve carbon neutrality (CN), from 18-21 May. Suzuki Motor, Daihatsu Motor, and Toyota Motor will unveil prototype mini-commercial van electric vehicles (BEVs) equipped with a jointly developed BEV system.
In China, the company has been introducing EV models while utilizing local resources; Honda will further accelerate this approach from here forward. The company plans to introduce 10 Honda-brand EV models within five years. In China, Honda will strive for a BEV/FCEV sales share of 40% by 2030, 80% by 2035 and 100% by 2040.
Tesla set out to make something different when the company decided to release the Cybertruck. And with the all-electric pickup truck now being delivered to customers , one could state that the company really did make something special — and the world’s roads will never look the same.
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.
The two companies have also commenced discussions that cover a wide range of fields, including: supply of batteries, new technology development, product quality improvements, and the reuse and recycling of batteries. To this end, the two companies intend to establish joint systems and engage in specific initiatives together.
Lynk & Co, a joint venture between Volvo Cars, Zhejiang Geely Holding and Geely Automobile, introduced in 2017, had in June 2020 sold a total of 309,255 of its 01, 02, 03 and 05 models. Geely Automobile, controlled by Zhejiang Geely Holding, also produce vehicles on the CMA platform. billion) in 2011 to SEK 274 billion (US$31.3
Mitsubishi Chemical Holdings Group (MCHG) will increase the production capacity of natural graphite anode material from 2,000 tons/year to 12,000 tons/year at its Chinese subsidiary Qingdao Anode Kasei and affiliated company Qingdao Lingda Kasei. The production line is scheduled to start operation in the first half of fiscal 2023.
The company is currently producing e-axles in China and Europe but will start making them in North America as well ahead of an expected surge in demand. The company plans to be capable of building an annual 7 million e-axles by March 2026. Nidec also jointly runs a plant with the Guangzhou Automobile Group. million e-axles.
NEVS is investing €150 million, thereby taking a 20% minority stake in Koenigsegg’s parent company. The two companies say the partnership will deepen an already existing collaboration between NEVS and Koenigsegg, creating synergies between their geographical footprints, experiences and competencies.
Yamaha Motor has begun accepting orders for a high-performance electric motor prototype that is capable of delivering industry-leading high power density for automobiles and other types of vehicles. 35kW prototype unit under development. Sample dual-motor package.
Enovix has also signed new agreements with two additional portable electronics companies. The company now has agreements with four category leading customers to develop and produce silicon-anode lithium-ion batteries for portable electronic devices, worth an anticipated $250 million in annual revenue once fully ramped.
Aramco has signed a letter of intent to become a potential minority stakeholder in a new powertrain technology company (PWT), to be established by Geely Holding Group, Geely Automobile Holdings Limited—collectively referred to as “Geely”—and Renault Group.
—Chief Automobile Designer Andrei Savinkov. Rostec State Corporation is one of the largest industrial companies in Russia. Almost a third of the company's revenue comes from the export of high-tech products. Bus chassis and body were assembled at NEFAZ, a KAMAZ Group subsidiary in Bashkiria.
Designed to enable closer collaboration among carmakers, automobile Tier 1 suppliers and Taiwan’s semiconductor IDM and fabless companies, the guide promises to help automakers better adapt production capacity to semiconductor supply chain disruptions and drive innovation.
Nidec Corporation announced that the Ni200Ex, the company’s 200kW e-axle traction motor system, has made its way into ZEEKR 001, an electric vehicle newly released by Geely Automobile Group under its premium Zeekr brand. GAC Aion New Energy Automobile: Aion LX (Ni150Ex). Geely Automobile: Geometry C (Ni150Ex).
Asahi Kasei, a diversified Japanese multinational company, has developed a new technology for recycling carbon fiber plastic compounds together with the National Institute of Technology, Kitakyushu College and Tokyo University of Science.
automakers setup snatched the title of the worlds largest charging park from a 259-station lot in Merklingen, Germany, per the German Automobile Association (ADAC). However, Tesa’s factory in Germany has significantly contributed to the company’s goals since it started operations.
But there have been endless rumors , and even public speculation from upper management , that the company wanted to correct that mistake and restore some goodwill with ardent Mopar fans. CEO Carlos Tavares announced his departure from the company late in 2024. This changed following the FCA-PSA Group merger that formed Stellantis.
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