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 →

SES AI, Hyundai Motor and Kia agree to enter the next phase of their joint development contract for Li-metal batteries

This agreement marks two world firsts for SES AI: It is the first time a Lithium-Metal battery manufacturer has agreed to build a line within an automotive OEM’s facility, and it makes SES AI the only Li-Metal battery company to have two B-sample development JDAs underway. SES AI Corporation, a... Read more →

Hyundai Motor Group, Toray Group partner to develop lightweight and high-strength materials

Hyundai Motor Group signed an agreement for strategic cooperation with Toray Industries, Inc., a pioneer in carbon fiber and composite material technology, to advance material innovation for a new era of mobility. Toray Industries specializes in fibers and textiles, performance chemicals, carbon fiber composite materials, environmental engineering and life science.... Read more →

Nissan shows in-construction all-solid-state battery pilot line in Japan

Nissan showed its in-construction all-solid-state battery pilot line to members of the media at its Yokohama Plant in Kanagawa Prefecture. The pilot line is aimed to further promote development and innovative manufacturing technologies for the batteries. Under the Nissan Ambition 2030 long-term vision, Nissan aims to launch EVs equipped with... Read more →

Nissan to unveil multiple new energy concept cars at Auto China 2024

At the 18th Beijing International Automotive Exhibition (Auto China 2024), set to start 25 April, Nissan will unveil several new energy concept models designed for the China market. The show will also see the China debut of the all-electric Nissan Hyper Force concept and Formula E Gen3 race car. Nissan... Read more →

Toyota Ventures raises another $300M to expand early-stage investments in frontier technology and climate solutions

Toyota Ventures, the early-stage venture capital arm of Toyota, announced two $150-million funds to expand its investments in startups developing disruptive technologies and business models at the forefront of innovation. The addition of the new funds, Toyota Ventures Frontier Fund II (TVFF II) and Toyota Ventures Climate Fund II (TVCF... Read more →

Kia Corporation presented an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea. Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape. During the event,... Read more →

BMW Group and Tata Technologies to collaborate on automotive software and business IT solutions; software-defined vehicles

The BMW Group and Tata Technologies, a global product engineering and digital services company, signed an agreement to form a JV with the aim to establish a software and IT development hub with locations in Pune, Bangalore and Chennai, India. The main development and operations activities shall be established at... Read more →

SK On, Ferrari strengthen battery partnership

SK On, a leading global electric vehicle battery manufacturer, signed a memorandum of understanding (MoU) with the Italian luxury sports carmaker Ferrari to reinforce their partnership and to lead innovation in cell technology. Under the MoU, the two sides plan to share expertise in respective areas to expand their technological... Read more →

Nissan launches new business plan: The Arc

Nissan Motor Co. launched The Arc, its new business plan which is focused on a broad-based product offensive, increased electrification, new approaches to engineering and manufacturing, the adoption of new technologies, and the use of strategic partnerships to increase global unit sales and improve profitability. The plan is positioned as... Read more →

Hyundai Motor Group co-hosts 2024 Korea-Africa Business Forum to foster partnerships for sustainable development

Hyundai Motor Group co-hosted a 2024 Korea-Africa Business Forum today in Seoul in partnership with the Centre for Sustainable Structural Transformation (CSST) at SOAS University of London and the Korea-Africa Foundation. The forum discussed how Korean and African stakeholders can work together as strategic partners for sustainable development amidst ongoing... Read more →

Stellantis increases its strategic shareholding in eVTOL company Archer Aviation

Stellantis N.V. and Archer Aviation Inc. announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer’s stock signaling Stellantis’ continued confidence in Archer’s plans to bring electric vertical take-off and landing (eVTOL) aircraft to market beginning in 2025. (Earlier post.) Stellantis’ increased investment... Read more →

Nissan and Honda to start feasibility study of strategic partnership on electrified and intelligent mobility

Nissan Motor and Honda Motor signed a memorandum of understanding under which they will begin a feasibility study of a strategic partnership in the fields of vehicle electrification and intelligence. To accelerate efforts toward carbon neutrality and zero traffic-accident fatalities, it will be essential to strengthen environmental and electrification technologies... Read more →

Nissan starts trial of stationary SOFC power generation system fueled by bio-ethanol

Nissan Motor has developed a stationary, bio-ethanol-fueled solid oxide fuel cell (SOFC) capable of high-efficiency power generation. Trials have begun at Nissan’s Tochigi Plant in Japan aimed to improve power generation capacity toward full-scale operations from 2030. In 2016 Nissan became the first automotive company to create a vehicular propulsion... Read more →

Hyundai Motor, Kia and KAIST form joint research laboratory to develop next-generation autonomous driving sensors

Hyundai Motor Company and Kia Corporation are partnering with KAIST (Korea Advanced Institute of Science and Technology) to develop next-generation autonomous driving sensors. Together, Hyundai Motor, Kia and KAIST will establish the ‘Hyundai Motor Group-KAIST On-Chip LiDAR Joint Research Lab’ at KAIST in Daejeon to develop LiDAR sensors for advanced... Read more →

Just 17% of electric cars sold in Europe are compact vehicles in the cheaper B segment, compared to 37% of new combustion engines, a new analysis by environmental NGO Transport & Environment (T&E) finds. Only 40 fully electric models were launched in the compact segments (A and B) between 2018... Read more →

Hyundai Motor Group recruiting startups for 2024 ZER01NE accelerator; first half open call

Hyundai Motor Group announced its 2024 first-half ZER01NE Accelerator program, an open innovation platform to facilitate collaboration between startups and the Group on various projects. This program aims to discover valuable startups and explore the possibilities of strategic use of their innovative technologies. Startups can apply to one of seven... Read more →

GM taps former Sila, Tesla exec to head Batteries

GM has hired Kurt Kelty, a globally recognized battery expert and former Tesla executive, to be vice president of Batteries, reporting to GM President Mark Reuss. In this newly created role, Kelty will be charged with GM’s battery cell strategy and a new end-to-end approach. This will include the use... Read more →

Renault Group cancels Ampere’s IPO, confirms EV and software strategy

The Renault Group created Ampere, the only European EV and software pure player, with one goal: democratize EV in Europe faster than EV pure players. (Earlier post.) Since the inception, Renault Group’s strategic approach has been to build Ampere as a separate business with a dedicated team on EV and... Read more →

Toyota suspends deliveries of 10 models with diesels suffering from “certification irregularities”

Toyota Motor is temporarily suspending shipments of 10 vehicle models equipped with the diesel engines from Toyota Industries Corporation (TICO), which are suffering from “certification irregularities.” Toyota Motor had commissioned TICO to develop diesel engines for automobiles. A special investigation into potential irregularities of certification regulationsfound that irregularities occurred during... Read more →

Stellantis acquires CloudMade’s artificial intelligence technologies and IP

Stellantis N.V. has acquired the artificial intelligence framework, machine learning models and intellectual property rights and patents of CloudMade, a developer of smart and innovative big data-driven automotive solutions. The acquisition—as an asset deal—will support the mid-term development of STLA SmartCockpit (earlier post) and reinforces Stellantis’ software strategy outlined in... Read more →

Stellantis N.V. unveiled STLA Large, its all-new, highly flexible, BEV-native platform that is the foundation for a wide range of upcoming vehicles for global markets in the D and E segments. The platform enables embedded energy, charging efficiency, high-performance vehicle dynamics and Trail Rated off-road driving. Full-size vehicles based on... Read more →

Kia has revealed its Platform Beyond Vehicle (PBV) future strategy at the 2024 Consumer Electronics Show (CES) in Las Vegas. Kia’s PBV business will initially be based around the introduction of an all-new, modular vehicle, previewed by the Kia Concept PV5. This future vision was presented alongside a multi-phase plan... Read more →

Toyota to compete in the Thailand 10-hour Endurance Race with Prius running on carbon-neutral fuel

Toyota Motor Corporation will participate in the IDEMITSU SUPER ENDURANCE SOURTHEAST ASIA TROPHY 2023 (Thailand 10-hour Endurance Race) to be held 22-23 December at Thailand's Chang International Circuit. Toyota will compete with a three-vehicle setup for ROOKIE Racing featuring the ORC ROOKIE GR86 CNF concept, a GR86 running on carbon-neutral... Read more →

Hyundai Motor signs multilateral agreement to accelerate global hydrogen ecosystem development

Hyundai Motor Company has signed a memorandum of understanding (MOU) to promote the development of the global hydrogen ecosystem. The signing took place with South Korea’s Ministry of Environment, Korea Water Resources Corp., Global Green Growth Institute (GGGI) and SK E&S at the Dubai Expo during the COP28 World Climate... Read more →

Porsche, Baden-Württemberg and ZSW partner on direct air capture (DAC) technology

The seventh annual meeting of the Baden-Württemberg Automotive Industry Strategic Dialogue (SDA) in Berlin marked a milestone in the collaboration between the Baden-Württemberg state government, Porsche AG and the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) with the signing of a letter of intent to develop further and... Read more →

Toyota Motor North America (Toyota) is expanding its battery recycling network with a new collaboration with Cirba Solutions, a battery recycling materials and management company. The agreement enhances Toyota and Cirba Solutions’ growing relationship by expanding Toyota’s battery recycling network and optimizing its logistics network for end-of-life electrified vehicle battery... Read more →

Volvo Cars aims to cut CO2 emissions per car by 75% by 2030 and plans to utilize near-zero emission aluminum and steel

Volvo Cars announced that it is aiming to reduce CO2 emissions per car by 75% by 2030, compared to a 2018 baseline. This is in addition to its ambition to become climate-neutral by 2040, and to reduce CO2 emissions per car by 40% between 2018 and 2025. During the first... Read more →

Volkswagen (Anhui) Components Co., Ltd. (VWAC), Volkswagen Group’s first 100%-owned battery system plant in China, began production of its first high-voltage battery system. VWAC is the first battery system plant wholly invested by Volkswagen Automatic Transmission (Tianjin) Co., Ltd. With an initial annual capacity of 150,000 to 180,000 high-voltage battery... Read more →

Stellantis and CATL sign strategic MoU for the local supply of LFP batteries for European market; possible JV

Stellantis N.V. and CATL signed a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis’ electric vehicle production in Europe. To further support Stellantis’ electrification strategy, the two companies are considering the possibility to form a joint venture with equivalent contributions.... Read more →

Honda is showcasing a prototype of its next-generation Hydrogen Fuel Cell System Module, jointly developed with GM, at the 2023 European Hydrogen Week as a further demonstration of the steps being taken to achieve carbon neutrality across all global operations by 2050. On display at the Brussels Expo from 20-24... Read more →

Vitesco Technologies has opened a new, 2,800 m2 manufacturing space at its Icheon electronics site for its EMR4 (Electronics Motor Reducer) electric axle drive. The first parts from the new line will serve to confirm the original sample products’ robustness by testing series parts. This phase will last for around... Read more →

BMW i Ventures invests in Ascon Systems; digital twins and low-code solutions for industrial metaverse

BMW i Ventures has invested in the German software company Ascon Systems, which is enabling the transformation to the industrial metaverse with digital twins and low-code software solutions. With this commitment, BMW i Ventures is supporting the next stage of digital production, the potential for the industrial metaverse, and digital... Read more →

BMW expands smart charging service ChargeForward across lower 48

BMW of North America announced the national expansion of its smart charging service, ChargeForward, in conjunction with the launch of the first all-electric BMW 5 Series, the BMW i5. All BMW battery electric vehicles (BEV) and plug-in hybrid vehicles (PHEV) model years 2018 and up will be eligible to enroll... Read more →

Hyundai Motor Group held the third Annual HMG Developer Conference, Korea’s largest mobility developer festival, and presented its vision for the future transformation of software-defined vehicles (SDVs). To accelerate the transition to SDVs, the Group has held the HMG Developer Conference since 2021 to share the latest research and development... Read more →

The BMW Group’s Designworks innovation studio has a new location in the West Bund district of China’s economic hub of Shanghai—the city’s flourishing arts, culture and business district. The official inauguration of the new studio will take place during the West Bund Art & Design Fair Shanghai, which runs from... Read more →

Last year, Toyota unveiled the all-new Crown with four model types: sedan, sport, wagon and crossover. (Earlier post.) The first model out of the lineup was the crossover type. Now, Toyota has unveiled its all-new Crown Sedan model in Japan and will begin accepting orders. The launch is planned for... Read more →

BMW Group BEV deliveries increased to 15.1% share in Q3

The BMW Group posted a solid increase in sales in Q3 to 621,699 premium automobiles and 1,836,563 units over the nine-month-period (Q3 2022: 587,744 units/+5.8%; 2022: 1,747,838 units/+5.1%). The biggest increase was in deliveries of battery-electric models. Between July and September, the BMW Group sold a total of 93,931 fully-electric... Read more →