Hyundai Motor Group partners with NVIDIA to accelerate development of AI solutions for future mobility

Hyundai Motor Group announced a strategic partnership with NVIDIA to accelerate the development of advanced AI technologies to drive the future of mobility. In the AI era, Hyundai Motor Group is driving innovation through strategic AI integration, positioning itself at the forefront of smart mobility solutions. The Group operates a... Read more →


Stellantis partners with dSPACE to accelerate cloud-based development of vehicles

Stellantis and dSPACE, a leader in simulation and validation solutions, signed a non-binding Memorandum of Understanding (MOU) aimed at accelerating the cloud-based development of Stellantis vehicles. The collaboration will integrate dSPACE’s VEOS platform for Software-in-the-Loop (SIL) testing into the Stellantis Virtual Engineering Workbench (VEW), enabling faster, scalable development of customer-focused... Read more →


Hyundai Motor Company and Kia Corporation announced the development of the Integrated Greenhouse Gas Information System (IGIS), a platform designed to monitor, quantify and manage carbon emissions throughout the entire vehicle lifecycle. By leveraging Life Cycle Assessment (LCA) methodology, IGIS provides detailed quantification and tracking of carbon emissions throughout the... Read more →


Nissan, Honda, and Mitsubishi Motors sign MOU on collaborative considerations

Nissan Motor, Honda Motor, and Mitsubishi Motors signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors’ participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda. (Earlier post.)... Read more →


Nissan and Honda sign MOU to consider business integration

Nissan Motor and Honda Motor signed a memorandum of understanding (MOU) to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company. To accelerate further their efforts toward achieving a carbon-neutral society and a zero-traffic-fatality society, Nissan and Honda signed... Read more →


ChargePoint and General Motors to install up to 500 EV fast charging ports

ChargePoint and General Motors (GM) plan to accelerate EV infrastructure growth in the US. The companies are joining efforts to install up to 500 ultra-fast charging ports at strategic locations across the US, featuring the latest innovations in EV charging to improve access to chargers and help drivers get back... Read more →


Toyota Kentucky invests $922M to build advanced paint facility

Toyota Kentucky is investing $922 million to build a new advanced paint facility and further support electrification efforts. The facility is designed to improve operational efficiencies, reduce environmental impacts, and enhance the quality of vehicle finishes. Scheduled to open in 2027, the facility will add 1 million square-feet of capacity... Read more →


BMW Group and Airbus announce winners of Quantum Computing Challenge

The BMW Group and Airbus unveiled the winners of the Quantum Computing Challenge, an international initiative to identify and mature quantum solutions for the most promising mobility applications. Quantum computing has the potential to impact various industries by speeding up our responses to an array of computational challenges, from optimising... Read more →


General Motors plans to realign its autonomous driving strategy and prioritize development of advanced driver assistance systems on a path to fully autonomous personal vehicles. GM will build on the progress of Super Cruise, the company’s hands-off, eyes-on driving feature, now offered on more than 20 GM vehicle models and... Read more →


Hyundai Motor Group partners with Indian Institutes of Technology to advance battery and electrification research

Hyundai Motor Group is partnering with the Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes include IIT Delhi, IIT Bombay and IIT Madras. The Hyundai Center of Excellence (CoE), which will be set up within IIT Delhi,... Read more →


Stellantis CEO Carlos Tavares resigns; new CEO will be appointed in the first half of 2025

Stellantis N.V. announced that the company’s Board of Directors, under the Chairmanship of John Elkann, accepted Carlos Tavares’ resignation on 1 December from his role as Chief Executive Officer with immediate effect. Tavares was expected to retire once his contract expired in early 2026. The process to appoint the new... Read more →


Stellantis N.V. unveiled the STLA Frame platform, a BEV-native, multi-energy platform engineered for full-size body-on-frame pickup trucks and SUVs—a critical segment in North America and select global markets. STLA Frame platform is designed to deliver class-leading range of up to 690 miles/1,100 km with the REEV and 500 miles/800 km... Read more →


Joby Aviation and Toyota accelerate efforts to realize air mobility

Toyota Moto and Joby Aviation came together at Toyota’s Higashi-Fuji Technical Center (Shizuoka, Japan) to assert their collective passion and ambition for air mobility in a gathering that included executives from both companies, Akio Toyoda, the chairman of the Toyota Group, and Joby CEO and founder, JoeBen Bevirt, along with... Read more →


Suzuki and Toyota to further cooperation in EVs

Suzuki Motor Corporation and Toyota Motor Corporation will further strengthen collaboration in the supply of a battery EV (BEV) SUV model developed by Suzuki to Toyota. This new model is scheduled to be manufactured at Suzuki Motor Gujarat in India from the spring of 2025. Since Suzuki’s Chairman (current Senior... Read more →


At the International Suppliers Fair (IZB) in Wolfsburg, Germany, Volkswagen Group and thyssenkrupp Steel signed a memorandum of understanding (MoU) for the planned supply to Volkswagen Group of low-carbon steel from thyssenkrupp Steel’s future direct reduction plant. thyssenkrupp Steel’s direct reduction plant, which is scheduled to go into operation in... Read more →


Mercedes-Benz opened Europe’s first battery recycling plant with an integrated mechanical-hydrometallurgical process making it the first car manufacturer worldwide to close the battery recycling loop with its own in-house facility. Unlike existing established processes, the expected recovery rate of the mechanical-hydrometallurgical recycling plant is more than 96%. Valuable and scarce... Read more →


Hyundai Motor and Kia present future vision for software-defined factories

Hyundai Motor Company and Kia Corporation are hosting E-FOREST TECH DAY 2024, a new technology exhibition to share innovative smart factory manufacturing technologies. The fifth annual event also serves as a platform for presenting Hyundai Motor and Kia’s vision for the future transition to a Software-Defined Factory (SDF). E-FOREST TECH... Read more →


Toyota Motor North America and Revel announced an agreement to provide Toyota and Lexus battery electric vehicle (BEV) customers with complimentary access to Revel’s DC fast charging network in New York City for approximately three years through 14 October 2027. Revel currently operates the largest network of public fast charging... Read more →


Dongfeng Honda opens new energy vehicle production plant in China; Honda’s first dedicated EV plant in world

Dongfeng Honda, a Honda automobile production and sales joint venture in China, has opened its new energy vehicle (NEV) production plant in Wuhan City, Hubei Province, China. The 4-billion RMB (US$566-million) plant has a production capacity of approximately 120,000 units/year. The Dongfeng Honda NEV production plant is the first dedicated... Read more →


BMW Group and Tata Technologies establish joint venture for automotive software and business IT

The BMW Group and Tata Technologies, a global product engineering and digital services company, launched their joint venture BMW TechWorks India with offices in strategic talent hubs Pune, Bengaluru and Chennai. With the final signing of the contracts and the approval of the authorities, the joint venture will initially start... Read more →


GM Energy is expanding its portfolio with the launch of the GM Energy PowerBank, a stationary storage product that gives EV owners the power to store and transfer energy from the grid, and the option of integrating with solar power equipment. The General Motors unit has also expanded access to... Read more →


Hyundai Motor Group and Singapore strengthen joint research in hydrogen energy and advanced energy systems

Hyundai Motor Group signed a collaborative research agreement with Nanyang Technological University, Singapore (NTU) in the field of new energy. The partnership will encompass a three-year research collaboration, focusing on the areas of hydrogen energy business and advanced energy systems. This collaboration between the Group and NTU aims to take... Read more →


Nissan joining ChargeScape JV

Nissan has entered into an agreement to invest in ChargeScape, a joint venture equally owned by BMW, Ford and Honda focused on electric vehicle-grid integration. Once the transaction is complete, Nissan will become an equal 25% investor in ChargeScape and will roll out ChargeScape’s services to its EV drivers across... Read more →


Nissan unveiled the new Magnite compact SUV in India, where it will be manufactured and sold. The Magnite, originially launched in December 2020, has established a strong presence in India and has achieved cumulative sales of more than 150,000 units across India and international markets. The new model combines sleek... Read more →


Volkswagen Group of America (VWGoA) has opened a new port facility at Port Freeport in Texas. Port Freeport will import and process up to 140,000 vehicles for Volkswagen, Audi, Bentley, Lamborghini, and Porsche, supporting approximately 300 dealers in the Central and Western United States. After consolidating two smaller facilities in... Read more →


Toyota September electrified vehicle sales exceeded 48% of total sales volume; overall sales down 20.3%

Toyota Motor North America (TMNA) reported US September sales of 162,595 vehicles, down 20.3% on a volume basis and down 9.9% on a daily selling rate (DSR) basis versus September 2023. September electrified vehicle sales consisting of hybrids, plug-in hybrids, pure electrics and fuel cells were 48.4% of total sales... Read more →


Hyundai Motor hits 100M vehicles produced mark

Hyundai Motor Company has marked 100 million units of global cumulative production. This achievement was accomplished in the 57 years since the company’s foundation, making it one of the fastest in the global automotive industry. In honor of this milestone, Hyundai Motor held a ceremony at its Ulsan Plant in... Read more →


NIO announces US$470M cash investment in NIO China from strategic investors

China-based NIO Inc. has entered into definitive agreements for investment in NIO Holding Co., Ltd., a PRC subsidiary in which it holds 92.1% controlling equity interest (NIO China), with Hefei Jianheng New Energy Automobile Investment Fund Partnership (Limited Partnership), Anhui Provincial Emerging Industry Investment Co., Ltd. and CS Capital Co.,... Read more →


Hyundai Motor and Kia launch project to develop LFP cathode material with direct synthesis method

Hyundai Motor and Kia launched a project to develop lithium iron phosphate (LFP) battery cathode material. In collaboration with Hyundai Steel and EcoPro BM, a leader in the cathode material market, this venture aims to synthesize materials directly without creating a precursor for LFP battery cathode material production. The Korean... Read more →


Hyundai Motor, Kia and Samsung Electronics join forces to advance SDV user experience

Hyundai Motor Company and Kia Corporation announced a strategic technology partnership with Samsung Electronics to enhance the integration between software-defined vehicles (SDVs) and smartphones, aiming to secure a leading position in the mobility service ecosystem. Hyundai Motor and Kia are gearing up for the SDV era, anticipating a variety of... Read more →


Hyundai Motor Group unveils end-to-end hydrogen solutions and hydrogen roadmap at H2 MEET 2024

Hyundai Motor Group unveiled its end-to-end hydrogen solutions and roadmap at H2 MEET (Hydrogen Mobility Energy Environment Technology) 2024, Korea’s largest hydrogen industry exhibition event, running from September 25 to 27 at the Korea International Exhibition Center (KINTEX) near Seoul. Under the theme ‘Be a First Mover in Hydrogen,’ the... Read more →


Hyundai and GM sign memorandum of understanding to explore collaboration on vehicles, supply chain and clean-energy technologies

General Motors and Hyundai Motor signed an agreement to explore future collaboration across key strategic areas. GM and Hyundai will look for ways to leverage their complementary scale and strengths to reduce costs and bring a wider range of vehicles and technologies to customers faster. Potential collaboration projects center on... Read more →


BMW Group and Toyota Motor Corporation jointly developing next generation of fuel cell technology; BMW to launch first series production fuel cell vehicle in 2028

The BMW Group and the Toyota Motor Corporation are collaborating to bring a new generation of fuel cell powertrain technology to the roads. Both companies share the aspiration of advancing the hydrogen economy and have extended their collaboration to push this locally zero-emission technology to the next level. The BMW... Read more →


In new electrification roadmap, Ford cancels plans for all-electric 3-row SUV in swing to hybrid platform

Ford is adjusting its electrification product roadmap in the hopes of offering a range of electrification options that might speed customer adoption—including lower prices and longer ranges. Among the changes are the cancellation of the previously announced three-row all-electric SUV in favor of leveraging hybrid technologies for the next three-row... Read more →


Honda and Yamaha reach agreement on OEM supply of electric motorcycle models in the Class-1 category

Honda Motor and Yamaha Motor reached an agreement for Honda to supply Yamaha with electric motorcycle models for the Japanese market, based on the Honda “EM1 e:” and “BENLY e: I” Class-1 category models, as an OEM (original equipment manufacturer). The two companies will proceed with further discussion toward the... Read more →


Nissan and Honda agree to joint research in fundamental technologies for next-generation SDV platform

Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs). This agreement is based on the memorandum of understanding (MOU) signed by the companies on March 15 regarding the commencement of... Read more →


Nissan, Honda and Mitsubishi Motors sign MOU on strategic partnership

Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation have signed a memorandum of understanding to discuss a framework for further intelligence and electrification of automobiles based on the agreement signed by Nissan and Honda on 15 March. (Earlier post.). Nissan and Honda are working to accelerate... Read more →


Hyundai Motor Group and University of Oxford establish Foresight Centre to shape long-term vision and strategy

Hyundai Motor Group and the University of Oxford held an opening ceremony for the Oxford-Hyundai Motor Group Foresight Centre at Oxford’s Convocation House to mark a new partnership between the two organizations. Based at Saïd Business School, the Foresight Centre is dedicated to exploring the Group’s long-term vision and strategic... Read more →


Polestar reduces supply chain emissions through integration of renewable fuels for ocean freight

Polestar is taking the next steps in reducing its supply chain emissions by integrating renewable fuels on its ocean freight routes, which account for around 75% of Polestar’s total transportation emissions. Polestar is now also operating its Vehicle Processing Centre (VPC) in Belgium on 100% renewable electricity. The VPC acts... Read more →


Nikkei: Geely Group breaks into global Top 10 in auto sales for 1Q 2024

The Nikkei reported that the Zhejiang Geely Holding Group sold 730,000 vehicles in the January-March period to become the first Chinese carmaker to break into the global top 10 in auto sales for the quarter. Geely, which had placed 12th in the first quarter of 2023, passed the Mercedes-Benz Group... Read more →


Porsche Ventures invests in Li-ion battery company South 8

South 8 Technologies (South 8), a lithium-ion battery innovator, announced Porsche Ventures, the venture capital arm of Porsche AG, as its newest strategic investor, joining existing investors Anzu Partners, LG Technology Ventures, Lockheed Martin Ventures, Taiyo Nippon Sanso and Foothill Ventures. Global lithium-ion battery demand for EVs and stationary energy... Read more →


Nissan to transition to low-CO₂ emission aluminum by 2030

Nissan Motor Co., Ltd. announced that it will use low-CO2 emission aluminum parts made from green or recycled aluminum in new and current models from fiscal year 2024 onward and aims to complete the full transition to such parts by 2030. Aluminum accounts for approximately 10% of vehicle weight. By... Read more →


Daimler Truck and Volvo Group intend to form JV for a software-defined vehicle platform and truck operating system

Daimler Truck and Volvo Group have reached a preliminary agreement to establish a joint venture to develop a common software-defined vehicle platform and dedicated truck operating system, providing the basis for future software-defined commercial vehicles. The intention is to make the new joint venture a leading developer of standardized hardware... Read more →


Audi’s Premium Platform Electric (PPE), developed jointly with Porsche, is a key component for the expansion of the global portfolio of all-electric Audi models. For the next generation of electric vehicles from Audi, the company has redeveloped the electric motors, the power electronics, the transmission, as well as the high-voltage... Read more →


Daimler Truck North America LLC (DTNA) is making two significant investments at its headquarters complex on Swan Island: a new Electric Vehicle Supply Equipment (EVSE) training center adjacent to Electric Island and a new engineering facility at the DTNA campus. The new addition to Electric Island represents the next phase... Read more →


BMW Group Plant Hams Hall in the UK is using one of the four-legged Spot robots developed by Boston Dynamics to scan the plant, support maintenance and ensure production processes run smoothly. Equipped with visual, thermal and acoustic sensors, SpOTTO is deployed in a number of unique use cases: On... Read more →


Audi has expanded its range of e-mobility products with the launch of a limited-edition enduro-style electric pedal assist mountain bike (eMTB) powered by Fantic, available through Audi Genuine Accessories. The new Audi eMTB features a livery inspired by the innovative design of Audi’s electrified Dakar Rally-winning RS Q e-tron racecar.... Read more →


Porsche is pushing ahead with the roll-out of alternative drives in its transport logistics fleet. Together with its logistics partners, the sports car manufacturer is using six new electric HGVs (heavy good vehicle) at its Zuffenhausen, Weissach and Leipzig sites. These vehicles transport production materials around the plants, working alongside... Read more →


Construction of a local high-voltage battery assembly at BMW Group Plant San Luis Potosí has now begun, along with expansion projects for the body shop, assembly and logistics areas. A total of €800 million will be invested in expanding the Mexican production site. The Neue Klasse will be produced in... Read more →


Honda plants 85,000 trees to capture carbon and enhance biodiversity near its Ohio operations

Honda announced the planting of 85,000 trees in Union County, Ohio as part of the company's latest effort to enhance biodiversity and reduce its environmental footprint. The 85,000 trees planted on 100 acres of Honda-owned land along the Flat Branch Creek near its Marysville Auto Plant, East Liberty Auto Plant... Read more →