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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

Li-ion 458
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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

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Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. Optimizing EV manufacturing capacity. New IMA architecture.

Hyundai 370
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ABB Robotics survey: Global automotive manufacturers are rethinking “just in time” approach

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Supply chain disruption and rising material costs are causing the global automotive industry to re-evaluate lean manufacturing principles, according to a new survey commissioned by ABB Robotics. Shifting from ‘just-in-time’ to ‘just in case’ strategies, manufacturers are holding more stock to protect against unplanned disruptions.

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ABB unveils new battery manufacturing methodology to fast-track speed to market for greenfield plants

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ABB recently unveiled its new Plant Optimization Methodology for battery manufacturing, presenting how greenfield battery sites can jumpstart global operations. However, battery manufacturers are struggling to keep pace while ensuring their production remains profitable, efficient, and safe—without sacrificing quality.

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EKPO secures mid-triple-digit million euro contract for bipolar plates from global car manufacturer

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In February, EKPO announced it had secured a contract from a European car manufacturer for fuel cell stacks to be fitted to a future series production vehicle. The agreement includes the development of a custom-made stack for the global OEM’s future mass-produced vehicle that is to be powered by a fuel cell.

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Jing-Jin Electric and Allison Transmission partner to accelerate development of commercial vehicle electrified powertrain solutions for global markets

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The combined capabilities will enable the strategic collaboration partnership to offer innovative and reliable electrified propulsion solutions to commercial vehicle manufacturers around the world.

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Foresight in two proof-of-concept projects with global vehicle manufacturer

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Israel-based Foresight Autonomous Holdings, a developer of automotive vision systems, signed an agreement for two proof of concept (POC) projects with a leading global vehicle manufacturer. The vehicle manufacturer has chosen to evaluate Foresight’s stereo vision solutions to improve safety measures even further.