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Toshiba Corporation has developed a new magnetic material with characteristics that deliver major improvements in motor efficiency at minimum cost, and with the potential to win significant reductions in power consumption. Motors account for approximately half of the world’s electric power consumption. pt across all motors.).
ENEOS Corporation, Suzuki Motor Corporation, Subaru Corporation, Daihatsu Motor Co. 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.
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.
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. Sample dual-motor package. 35kW prototype unit under development.
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.
The new electric car brand Aion S—recently unveiled at Auto Guangzhou 2018 by GAC NE, GAC MOTOR’s new energy vehicle arm—will be the first line of cars to adopt Nidec’s fully integrated traction motor system (E-Axle) ( earlier post ). Earlier post.). Earlier post.).
Tata Motors, India’s leading automobile manufacturer, launched the newest member of its EV family this past week: the Tiago.ev. Equipped with a permanent magnet synchronous motor, Tiago.ev Equipped with a permanent magnet synchronous motor, Tiago.ev The battery and motor also come with 8 years or 160,000 km warranty.
Toyota Motor Corporation has developed the world’s first neodymium-reduced, heat-resistant magnet. Neodymium (Nd) magnets are used in various types of motors such as the high-output motors found in electrified vehicles. Source: Toyota. Background. Source: Toyota. Future Efforts.
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., to manufacture automotive traction motors. Nidec’s fully integrated automotive traction motor system E-Axle (announced in April 2018). billion to US$9.3 billion) in 2030.
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.
Hyundai MotorCompany announced an updated roadmap for its future business Strategy 2025 at the 2020 CEO Investor Day’ forum held virtually in Seoul. Hyundai Motor also unveiled its mid- to long-term financial goals, which include an investment of KRW 60.1 Hydrogen fuel cell systems. Updated Strategy 2025.
Mullen Automotive, an emerging EV manufacturer, is acquiring a controlling interest in EV truck maker Bollinger Motors. This is Mullen’s first EV acquisition and propels the company into the medium-duty truck classes 3-6, along with the B1 and B2 sport utility trucks. The purchase price is $148.2
CBAK Energy Technology, a lithium-ion battery manufacturer and electric energy solution provider, signed a three-year strategic agreement with Anhui Jianghuai Motors Group Co., JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Ltd for joint product development.
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.
Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter 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 Motor has developed an electric motor reaching the industry’s highest class in output density. Since 2020, Yamaha Motor has been accepting commissions for developing prototype electric motors (35–200 kW) for automobiles and other mobility applications.
Toyota MotorCompany 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.,
Engineers from Nanyang Technological University (NTU) and the German Aerospace Centre (DLR) have designed a “2-in-1” electric motor unit which can increase the range of electric vehicles in hot climates. Design concept of the integrated A/C compressor-traction motor unit.
billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. —Colin McKerracher.
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.
CATL ) signed a cooperation agreement with Honda Motor in Tokyo to cooperate formally to develop electric vehicles for the future market. Also, at the Beijing Motor Show in 2018, it officially announced that more than 20 electric vehicles would be launched in China by 2025. Automobile R&D Center in Tochigi. Earlier post.).
At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The company aims for 2 million units in annual EV sales by 2030. trillion (US$85 billion) over the next 10 years, including KRW 35.8
Suzuki Motor, Daihatsu Motor, and Toyota Motor will unveil prototype mini-commercial van electric vehicles (BEVs) equipped with a jointly developed BEV system. 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.
Supernal revealed its initial eVTOL vehicle cabin concept at Farnborough International Airshow, providing the first look at how Hyundai Motor Group is integrating automotive capabilities to develop the Advanced Air Mobility (AAM) market. —Jaiwon Shin, President of Hyundai Motor Group and CEO of Supernal.
With the 4in1 electric axle, Schaeffler is now going one step further by integrating the thermal management system as well as the electric motor, power electronics, and transmission into the axle drive. In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America.
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.,
The MOU marks a significant milestone for Hyundai Motor as it is the company’s first strategic partnership involving the application of its fuel cell system technology in the shipbuilding industry, spearheading a new generation of seafaring vessels. Hyundai Motor commercialized the Tucson ix35 fuel cell electric vehicle (FCEV) in 2013.
Hyundai MotorCompany announced a new roadmap—Strategy 2025—intended to secure its position as a frontrunner in the future mobility industry. Hyundai’s plans for Smart Mobility Device include a wide range of product groups beyond automobiles such as Personal Air Vehicle (PAV), robotics, and last-mile mobility.
Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 Through the new EV architecture development system, Hyundai Motor Group will innovate its cost structure for electric vehicles by sharing components in their application to various models.
The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. 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.
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. The user can choose either a single-motor or a dual-motor type.
SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. SAIC Motor holds a stake of 51% of the JV and Infineon 49 percent, respectively. The partners have received all approvals by public authorities.
Limited (CATL) and Toyota Motor Corporation have entered into a comprehensive partnership agreement for the stable supply and further development of New Energy Vehicle (NEV) batteries. To this end, the two companies intend to establish joint systems and engage in specific initiatives together.
Partners participating in this project include: Toyota Motor Corporation; Nissan Motor Co., Yamaha Mr. Motor Co., NEDO set a target date of fiscal 2022 for the core technologies; prior NEDO work in solid-state battery research primarily engaged materials makers. Maxell Corporation; Murata Manufacturing Co., Toppan Printing Co.,
Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms— announced a strategic partnership under which Hyundai MotorCompany and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider.
Hyundai Motor Group (HMG), which includes automotive brands Hyundai MotorCompany and Kia Motors Corporation, announced its long-term roadmap for hydrogen fuel cell vehicle technology: FCEV Vision 2030. —Euisun Chung, Executive Vice Chairman of Hyundai Motor Group. trillion (US$6.7
Hyundai MotorCompany and Kia Corporation have signed a memorandum of understanding with Canada-based Next Hydrogen Corporation, a specialist in water electrolysis technology and a subsidiary of Next Hydrogen Solutions Inc., Hyundai Motor and Kia will also oversee the test performance of the new stack.
Hyundai MotorCompany, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to 10 EV and battery start-ups for potential investment and collaboration. Hyundai Motor Group is planning to deploy 44 eco-friendly models by the year 2025, including 23 EVs.
—Chief Automobile Designer Andrei Savinkov. Braking by traction electric motor with the regeneration system is also provided. 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. Maximum speed is 80 km/h.
Once again, CUPRA and SEAT are back at Automobile Barcelona, showcasing their latest innovations and the company’s strong commitment to the development of electric vehicles.
Hyundai Motor used CES in Las Vegas as the platform to describe its new “Metamobility concept”, which will incorporate the use of robotics in both the real world and the metaverse to allow “unlimited freedom of mobility” unconstrained by the physical limitations of movement in time and space. —Euisun Chung, the Group’s Executive Chair.
China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. —Yu Jun, General Manager of GAC Motor.
Hyundai MotorCompany unveiled at CES 2020 its vision for urban mobility to help vitalize human-centered future cities. To realize the vision, Hyundai Motor showcased three mobility solutions, comprising Urban Air Mobility (UAM); Purpose Built Vehicle (PBV), and Hub, a place for mobility transfer and community activities.
Toyota is collaborating with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. —Toyota Motor Corporation President and CEO Akio Toyoda. Joby’s eVTOL.
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