Stratus Materials Inc., a company dedicated to the development of lithium manganese-rich (LMR) cathode active material (CAM) for lithium-ion batteries, announced that it had transitioned to its second-generation cobalt-free CAM named LXMO-2 in May. This advancement in CAM technology has commenced shipment to customers and partners. LXMO-2 is noted for its superior capacity and voltage stability compared to other LMR offerings, achieving less than 20% fade in capacity and less than 5% fade in ...

In a press release dated Aug. 13, VinFast, a Vietnamese electric vehicle manufacturer, announced a strategic partnership with Plugsurfing, a prominent EV charging service provider in Europe. This collaboration will enable VinFast customers to access over 1 million public charging points across 24 European countries through the VinFast app, enhancing user convenience and expanding the charging network available to VinFast drivers. The partnership particularly benefits customers in Germany, Fra...

General Motors (GM) plans to import electric vehicle batteries from the mainland Chinese company, CATL, as a temporary measure while it works on producing its own lower-cost batteries with lithium iron phosphate (LFP) chemistry. This decision aligns with practices by other US automakers who have relied on foreign suppliers for LFP battery sourcing to maintain competitiveness. GM said that its Chevrolet Bolt will feature LFP technology and noted that it sells 12 EVs in the US with domestically...

Yokohama Rubber has announced that it is supplying ADVAN V61 tires as original equipment (OE) for the newly launched BYD Sealion 6 DM-i sport utility vehicle, which was launched in mainland China in July. This marks the first instance of the Japanese tiremaker providing its tire as OE fitment for a BYD model. The Sealion 6 DM-i is equipped with 235/50R19 103V size tires. The ADVAN V61 tire is part of Yokohama Rubber’s ADVAN family, recognized for delivering premium driving performance and a...

Noveon Magnetics has announced a multiyear supply agreement with General Motors (GM) to provide rare earth magnets for a variety of GM vehicle components. Production began immediately, and deliveries started in July. The agreement focuses on providing rare earth magnets for GM's full-size sport utility vehicles and trucks. This agreement is seen as a significant step in developing a resilient domestic supply chain for the future of US automotive manufacturing. Noveon CEO Scott Dunn ...

Volexion, a company specializing in battery materials, announced the shipment of its first graphene-coated cathode active materials (CAM) product samples to tier 1 manufacturers worldwide. These manufacturers include automotive original equipment manufacturers, global cell producers and US specialty energy-storage developers. The shipments address the common issue of cathode materials degrading due to the natural interaction of ions, particles and electrolytes inside lithium-ion batteries. ...

General Motors (GM) and Hyundai Motor have announced the development of their first five jointly produced vehicles, marking a significant milestone in their strategic collaboration. The two automakers will introduce four vehicles tailored for the Central and South American markets, including a compact sport utility vehicle, a car and two pickup trucks, offering options for internal combustion engine (ICE) or hybrid propulsion systems. Additionally, GM and Hyundai plan to develop an elect...

Yokohama Rubber has secured two contracts with Guangzhou Automobile Group Co. Ltd. (GAC), a vehicle manufacturer based in mainland China, to supply its ADVAN tires as original equipment (OE), as disclosed in two separate press releases on Aug. 4. GAC has chosen Yokohama Rubber’s ADVAN V61 tires as OE for the new Trumpchi Xiangwang S7 plug-in hybrid sport utility vehicle, launched in mainland China in March. The ADVAN V61 tires, provided in the size 255/50R20 109V, are engineered to deliver ...

Isuzu's first battery-electric pickup, the D-MAX battery-electric vehicle (BEV), has incorporated the e-axle jointly developed by BluE Nexus Corp., Aisin Corp. and DENSO Corp. The D-MAX BEV is set to gradually roll out globally, starting with major European markets, tailored to meet market characteristics and customer needs. The D-MAX BEV began production in April and features an innovative system that integrates newly developed e-axle components at the front and rear with a full-time 4-...

German supplier ZF began production of its electric parking brake (EPB) system in India for the passenger vehicle sector, Autocar Professional reported July 31. The EPB system is being integrated into a new electric vehicle platform developed by an Indian original equipment manufacturer. This marks ZF's first introduction of this technology in India's passenger car market. As part of this collaboration, the company anticipates supplying several thousand units over the coming ...

LG Energy Solution (LGES), a South Korean battery manufacturer, has entered into a $4.3 billion contract to supply Tesla with lithium iron phosphate (LFP) batteries for energy storage systems, Reuters reported July 30, citing a source familiar with the matter. This agreement will see the batteries being supplied from LGES' manufacturing facility in the US. Although LGES announced the deal on Wednesday (July 30), it did not specify whether the batteries would be utilized in vehicles or solely ...

Yokohama Rubber announced that it is supplying 20-inch ADVAN Sport V107 tires as original equipment (OE) for the new Mercedes-AMG CLE 534MATIC+ coupe, starting June. The coupe will be fitted with the innovative tires in size 265/35ZR20 (99Y) in the front and 295/30ZR20 (101Y) in the rear. Yokohama Rubber has been supplying 19-inch ADVAN Sport V107 tires for this model since 2024. The ADVAN Sport V107 tire is an ultrahigh-performance (UHP) tire under Yokohama's ADVAN brand and is aimed at...

Kia Corp. has chosen CATL's ternary chemistry nickel cobalt manganese (NCM) battery for its domestic release of the compact electric sport utility vehicle EV5, scheduled for launch in September. Initially, Kia also considered BYD's lithium iron phosphate (LFP) battery for the domestic model, which is used in the mainland Chinese-market version of the EV5. However, despite its cost-effectiveness, Kia found BYD's battery unsuitable for the domestic market. CATL's NCM battery is more expens...

Nexen Tire announced that its premium comfort tire, the N'FERA Supreme S, has been chosen as the original equipment (OE) for Hyundai Motor's new hydrogen fuel-cell electric vehicle (FCEV), the NEXO. The South Korean automaker has launched the new generation of the NEXO FCEV after seven years, offering an improved hydrogen powertrain with a driving range of over 700 km per charge. The N'FERA Supreme S has been specifically designed for high-performance sport utility vehicles such as the NEXO, ...

BYD has reached a supply agreement with voestalpine for procuring steel for its new passenger car factory in Szeged, Hungary. The facility is expected to begin manufacturing new-energy vehicles (NEVs) by the end of 2025.  This partnership marks a key milestone in BYD's policy of localized production, sourcing high-quality auto parts from local suppliers to support its goal of producing cars in Europe for Europe. Voestalpine was chosen for its geographical proximity to the Hunga...

Rheinmetall has secured a significant order from a leading mainland Chinese manufacturer of new-energy vehicles, focusing on hybrid vehicles. The order, valued in the upper double-digit million euro range, involves the supply of electronic throttle bodies and delta pressure valves, which are pivotal in enhancing fuel efficiency and reducing emissions. These components are tailored for hybrid and range-extender electric vehicle engines and feature a modular platform design aligned with the spe...

LG Energy Solution Ltd., a prominent battery manufacturer from South Korea, has announced a significant deal with mainland China's Chery Automobile Co. to supply cylindrical electric vehicle batteries. According to the agreement, LG Energy Solution will provide 8 GWh of its next-generation 46-series cylindrical batteries to Chery Automobile over a six-year period, which is sufficient to power approximately 120,000 EVs. While the financial details of the contract have not been officially ...

Rheinmetall, a technology corporation, has secured a double-digit million euro order from a prominent North American truck manufacturer. This order involves the supply of a mid-six-figure quantity of CWA 2000 high-voltage coolant pumps, which will be used in the customer's battery-powered medium- and heavy-duty trucks from 2028 to 2035. The technical attributes of the CWA 2000, such as its versatility and suitability for both battery-powered electric vehicles and fuel-cell drives, were pivota...

Dongfeng Motor, Guangzhou Automobile Group Co. (GAC) and FAW Group, the leading state-owned automakers in mainland China, have committed to reducing supplier payment terms to 60 days, ETAuto reported June 11. The development comes amid growing regulatory scrutiny over delayed supplier payments and opaque financing practices in the automotive supply chain. This initiative is expected to improve capital flow and financial transparency in the mainland Chinese automotive industry, which ha...

Yokohama Rubber started supplying its ADVAN FLEVA V701 tires as original equipment for Toyota's new Corolla Cross GR Sport, a sporty version of its compact sport utility vehicle Corolla Cross. This model is set to be available in Japan, Europe, Australia and other regions from August 2025. The specified tire size for this model is 225/45R19 92W. The ADVAN FLEVA V701 is designed as a sporty, high-performance tire that aims to deliver an enjoyable driving experience, a characteristic of the ADV...

In a press release dated June 4, Rept Battero announced that it signed a strategic cooperation memorandum with Indonesia's Bakrie & Brothers Group to advance the use of green energy by integrating commercial vehicle battery systems in Indonesia. The event, which was held on May 29, was attended by various Indonesian governmental and industry stakeholders, marking a commitment to deliver power batteries for over 3,000 electric buses and trucks by 2025. Following this agreement, PT Rept Bat...

Lucid Group, a manufacturer of advanced electric vehicles, announced a multiyear supply agreement with Graphite One to secure US-sourced natural graphite, aiming to enhance its supply chain for raw materials within the US. This agreement complements previous arrangements with Syrah Resources and Graphite One, ensuring future Lucid vehicles will utilize natural and high-performance synthetic graphite mined and produced in the US as part of directed agreements with its battery-cell suppliers. M...

Syensqo has signed new multiyear contracts for the supply of its battery-grade Solef polyvinylidene fluoride (PVDF) with automotive original equipment manufacturers and battery-makers. These contracts, signed in the first quarter of 2025, are valued at over €150 million in cumulative net sales. This move underscores Syensqo's commitment to innovation, customer collaboration and growth within the expanding battery market. Solef PVDF is a thermoplastic fluoropolymer essential for lithium...

As reported in a press release on May 28, Valeo has been chosen by a leading global automaker to provide a new radar system designed for its personal vehicles, which will feature an automated driving system that allows for hands-free and eyes-free operation. This initial production selection for the radar system will enhance the operational design domain of automated driving and improve the human-machine interaction when responding to road hazards at high speeds, among other additional features....

Nexen Tire announced that its ultrahigh-performance (UHP) summer tire, the N'FERA Sport, has been homologated to be supplied to the ŠKODA Karoq sport utility vehicle. The development underscores Nexen Tire's position as a supplier of premium, high-quality tires to major automotive brands and reflects the company's long-standing collaboration with the Czech car brand of the Volkswagen Group, which began with the ŠKODA Fabia and extended through to the ŠKODA Superb, Octavia,...

Kongsberg Automotive (KA) secured a four-year contract for its dog-clutch actuator (DCA), valued at approximately €20 million over its lifetime. The company will produce the DCA at its Wuxi, China, facility and supply it to a major global original equipment manufacturer in the electric commercial vehicle sector. The DCA is designed for gear-shifting and decoupling applications in multispeed transmissions. It supports a range of vehicle applications, including electric axles and central...

SK On has been chosen as the battery supplier for US-based electric vehicle startup Slate. Starting in 2026 and continuing through 2031, SK On will supply approximately 20 GWh of US-made batteries to Slate, with an option for additional volumes as Slate increases its production capabilities. This partnership marks an important development for SK On as it strengthens its presence in the North American EV market. This collaboration underscores SK On's efforts to expand its market foothold in th...

Harbinger has announced the integration of Panasonic Energy's lithium-ion battery cells into its electric vehicle chassis as standard. This collaboration establishes Panasonic Energy as the official battery cell supplier for Harbinger, a US medium-duty EV company. Panasonic Energy's 2170 batteries, known for high-energy density and reliability, will power Harbinger's US-made vehicles, enhancing their performance and efficiency. Initially, these battery cells will be supplied from Panasonic's ...

Tata Elxsi has announced a strategic multiyear agreement valued at €50 million with a European-headquartered automotive original equipment manufacturer. This agreement positions Tata Elxsi as a key engineering partner in developing platforms and applications across software-defined vehicles (SDVs), electrification, body and chassis domains. A significant part of this collaboration involves establishing a Global Engineering Centre to support the customer's software platform roadmap. This cen...

MAHLE has been awarded a significant order to support the electrification efforts of an international car manufacturer in mainland China by supplying DC/DC converters for its upcoming battery-electric vehicles (BEVs). The contract, valued at €200 million, marks a substantial step for MAHLE in expanding its presence in the mainland Chinese market, which is recognized as the leading market for vehicle electrification. The production of the DC/DC converters is scheduled to commence in 2028 at ...

Zeekr, a new energy vehicle (NEV) brand of the Chinese automaker Zhejiang Geely Holding Group, is equipping its 001 electric sport utility vehicle (SUV) with Continental PremiumContact 6 tires as original equipment fitment, the Germany-based tiremaker said in a press release on March 28. The tires, offered in 265/40 R22106V XL FR size, are known for their dynamic handling, safety and comfort.  Continental claims its PremiumContact 6 tires are designed to enhance the equipped vehicle's co...

SK On and Nissan have entered into a significant battery supply agreement, marking a strategic collaboration between the South Korea battery giant and the Japanese automaker. As part of this partnership, SK On is set to provide Nissan with nearly 100 GWh of high-performance, high-nickel batteries manufactured in the US from 2028 to 2033. These batteries will be instrumental in powering Nissan's next-generation electric vehicles to be produced at its Canton, Mississippi, assembly plant, emphas...

Honda Motor has decided to procure batteries for its hybrid vehicles from Toyota Motor's plant in the US, a response to the changing geopolitical landscape influenced by President Donald Trump's tariff policies. This strategic shift is set to begin in fiscal 2025, with Honda planning to source batteries for about 400,000 vehicles, covering all the hybrid vehicles it sells in the US. The decision comes as Honda aims to mitigate the risks associated with higher tariffs on components previously ...

Accuride Corp. has successfully completed restructuring and emergence from Chapter 11 bankruptcy. The company’s restructuring process equitizes over $400 million of funded debt and restructures approximately $170 million in additional obligations. Accuride also received significant new investment from its existing investors in the form of a $70 million asset-back lending (ABL) facility and an over $95 million exit facility aimed at enhancing liquidity and fostering long-term growth. As a re...

BorgWarner, a leading innovator in the electric vehicle motor sector, is accelerating its presence in the new-energy vehicle (NEV) market by securing four new projects with three major mainland Chinese domestic brands. Announced Feb. 6, BorgWarner is set to begin multiple projects aimed at enhancing the hybrid and EV landscape. These projects include providing 400-V high-voltage hairpin (HVH) motors for a 200-kW hybrid rear-drive platform for a leading mainland Chinese NEV supplier, with prod...

In a press release dated Feb. 6, BorgWarner has announced an enhancement of its long-standing relationship with a significant East Asian original equipment manufacturer by providing its cutting-edge variable cam timing (VCT) technology for the automaker's upcoming hybrid and gasoline engines. This collaboration is expected to commence with the production of the engines in the first quarter of 2026. The integration of BorgWarner's VCT technology into these engines marks a significant step...

As reported in a press release on Feb. 3, LeddarTech, known for its AI-based low-level sensor fusion and perception software technology, LeddarVision, has announced that a prominent global commercial vehicle original equipment manufacturer has chosen LeddarTech as its supplier for the fusion and perception software required in its advanced driver assistance system for vehicles of the model year 2028.  The partnership is set to initiate immediately, aiming for revenue generation from...

In a press release dated Jan. 23, SES AI Corp., based in Woburn, Massachusetts, announced that it has secured contracts worth up to $10 million with two of its major global original equipment manufacturer partners for the purpose of advancing the commercial application of AI for Science in battery material discovery. These contracts are focused on developing new electrolyte materials for lithium-metal (Li-metal) and lithium-ion (Li-ion) batteries, specifically targeted at automotive applica...

Japanese automaker Nissan Motor has announced its plan to source batteries for its electric vehicles in the US market from South Korea's SK On starting from approximately 2028, as reported by Nikkei. This move is part of Nissan's broader strategy to enhance its EV business and facilitate a substantial turnaround. Regarding the agreement with SK On, the deal involves the supply of 20 GWh of ternary lithium batteries, sufficient to power approximately 300,000 standard EVs. As of the announ...

Hyundai Motor India has announced significant strides in its localization efforts, achieving up to 92% localization for its new Creta Electric, which was launched at the recently concluded Bharat Mobility Global Expo 2025. Hyundai has partnered with 194 vendors to source more than 1,200 components, including locally-assembled battery packs for the new Creta Electric. This initiative was highlighted at the Bharat Mobility Global Expo 2025 through a dedicated localization zone. Hyundai's locali...

Suzuki is introducing its first mass-produced battery-electric vehicle (BEV), the e VITARA, which will feature an e-axle developed through a joint effort by BluE Nexus Corp., Aisin Corp. and DENSO Corp. The e-axle, notable for its high-power density and dynamic performance, is designed to enhance the driving experience with its small motor and inverter, as well as its loss-reduction technology contributing to outstanding electrical consumption. The e VITARA itself is developed with the c...

LG Energy Solution (LGES) has entered into an exclusive partnership with Aptera Motors Corp., a company at the forefront of the solar electric vehicle industry, to supply cylindrical batteries for the Aptera solar EV, which is poised for launch in the US market by 2025. This collaboration also involves CTNS, a manufacturer of battery modules and packs, following a three-party memorandum of understanding (MOU) signed at Consumer Electronics Show (CES) 2025 in Las Vegas. The agreement...

Clarios, a prominent entity in low-voltage battery technology, has recently secured a new contract to supply its advanced hAGM batteries for a 2028 model year full-size sport utility vehicle series with a leading US automotive manufacturer. This agreement involves some of the most recognized and top-selling SUV models in the industry. Production of these batteries is set to commence in the fourth quarter of 2026 at the Toledo AGM plant in the US, with an anticipated annual production vol...

Clarios, renowned for its leadership in low-voltage battery technology, has recently announced a landmark contract with a major automotive manufacturer for the supply of its cutting-edge supercapacitors in both 12-V and 48-V configurations. The company's supercapacitors are specially designed to deliver bursts of high power essential for steer-by-wire (SBW) systems and other vehicle applications, contributing minimal weight to the overall vehicle mass. This technology is crucial for ensuring ...

Kongsberg Automotive (KA) has successfully secured a significant contract extension for its Fluoro-Comp and stainless-steel braided hoses, the company announced in a press release on Dec. 20. Valued at over €56 million in estimated lifetime revenue, this extension comes from a global tier 1 automotive supplier. The manufacturing of these products will take place at KA's facilities located in Suffield and Grand River in the US, as well as Ramos Arizpe in Mexico, over a period of five years. ...

In a press release dated Dec. 17, Kongsberg Automotive (KA) announced winning a significant contract valued at over €25.5 million in estimated lifetime revenue for the provision of air-suspension lines. This contract was awarded by one of the leading global electric vehicle manufacturers. The agreement specifies KA's role in producing nylon lines and connectors essential for the distribution and regulation of air within the air-suspension systems of EVs. These components are vital for ensur...

Kongsberg Automotive (KA) has announced a significant new contract with an estimated lifetime revenue exceeding €24 million for its thermal management system (TMS) assemblies, specifically for coolant system assemblies used in electric vehicles. The contract was awarded by a pioneering passenger car manufacturer in the luxury EV sport utility vehicle market segment. The 10-year contract is set to commence production in 2027. The production and distribution of these assemblies are to be...

Faraday Future (FF) will insource the manufacturing of seats for its FF 91 2.0 model. This move is part of the US-based electric vehicle company's broader initiative to enhance operational efficiency and optimize its global supplier network, including the establishment of a supplier base for the Faraday X brand. The FF 91 2.0 is noted for its advanced and comfortable rear seats, specifically its "Zero Gravity" seats that provide exceptional support and comfort, catering to both relaxation and...

Hydrexia Sdn. Bhd., under the umbrella of Hydrexia Holding Ltd., and Toyota Motor Philippines (TMP) have entered into a commercial agreement under which Hydrexia has supplied TMP with a containerized mobile hydrogen refueling station (HRS) designed for refueling hydrogen internal combustion engine (ICE) vehicles (HICEV), including the Toyota Corolla Cross H2 Concept. This vehicle was a highlight at the Toyota "Beyond Zero" event during the Philippine International Motor Show (PIMS) in October...

Electric-car company Rivian Automotive has received conditional commitment from the US Energy Department's (DOE) Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan up to $6.6 billion, including $6 billion of principal and $600 million of capitalized interest. This funding aims to propel Rivian's growth in electric vehicle design, development and manufacturing within the US. The intended loan would facilitate the construction of Rivian's new facility in Stanton Springs No...

Samsung SDI is set to supply its lithium-ion (Li-ion) batteries for two Audi electric vehicle models, the e-tron 50 quattro and the Sportback 50 quattro. This move will increase the number of Audi EV models equipped with Samsung SDI batteries to nine out of 14 models sold domestically, the most among battery suppliers. The upcoming Audi Q6 e-tron, a midsized electric sport utility vehicle, is also set to be powered by Samsung SDI batteries, alongside those from China's CATL, the world's large...

MAHLE, an automotive supplier based in Stuttgart, Germany, has been awarded a significant contract by the commercial vehicle manufacturer MAN Truck & Bus to provide components for the hydrogen engine of the MAN hTGX truck, which recently won the Truck Innovation Award 2025. MAHLE will supply the hydrogen power cell unit including piston, piston rings, piston pin and cylinder liner for this engine, along with additional components for the valve train.  The order encompasses ...

Kongsberg Automotive (KA) has announced the extension of a sizable contract for fluid transfer assemblies, exceeding €21.5 million in estimated lifetime revenue. This contract, set to commence in January 2025, will span a period of six years. The contract has been awarded by a leading global original equipment manufacturer based in Europe, continuing a long-standing relationship between the two entities. These assemblies, integral to various applications such as coolant, fuel...

Ceer, a Saudi Arabia-based electric vehicle joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), has forged a partnership with Rimac Technology to acquire high-performance, fully integrated electric drive systems (EDS) for its forthcoming flagship EV range. This collaboration marks Ceer as the first entity in the Gulf Cooperation Council (GCC) to engage with Rimac Technology, aiming to equip its flagship vehicles with advanced EDS. James DeLuca,...

Novonix Ltd., an Australia-based battery materials and technology company, has entered into a binding offtake agreement with Stellantis to supply a minimum of 86,250 metric tons and up to 115,000 metric tons of high-performance synthetic graphite material. This agreement spans over six years, starting from 2026, and involves supplying material to Stellantis' cell manufacturing partners in North America from Novonix's Riverside, Tennessee, facility and a future expansion site. Chris ...

Stellantis has filed a lawsuit against Brose North America, the US subsidiary of Germany-based supplier Brose, accusing the supplier of holding the automaker’s operations “hostage” and costing it more than $3 million in damages after shutting down Windsor Assembly Plant in Canada, Automotive News reported Oct. 29. The lawsuit was filed in Oakland County, Michigan, where both companies have their North American headquarters. Brose is at least the fifth supplier sued by Stellantis over su...

As assisted driving features become more prevalent, the European New Car Assessment Program (EuroNCAP) has rigorously tested five new vehicles under its updated protocols, revealing significant differences in manufacturers' approaches to this technology, according to a press release on Oct. 23. EuroNCAP's evaluation, which began in 2020, focuses on two key areas: Assistance Competence, which assesses the balance between vehicle assistance and driver engagement, and Safety Backup, which examin...

At the International Suppliers Fair (IZB) in Wolfsburg, Germany, thyssenkrupp Steel and Volkswagen Group signed a memorandum of understanding (MOU) regarding the future supply of low-carbon steel, produced at thyssenkrupp Steel's direct reduction plant set to be operational by 2027. This plant will utilize hydrogen and green electricity, enabling a substantial reduction in carbon footprint compared to conventional steel production methods. Initially, natural gas will be used as a reducing age...

Indonesia is set to begin exporting battery material for nickel-based electric vehicles to the US in the upcoming month, as announced by the country's Energy Minister Bahlil Lahadalia. This move marks a significant step in Indonesia's efforts to engage with international markets in the EV sector. The material, known as EV battery precursors, will be supplied to Tesla. Although the exact volume of the export was not disclosed, Lahadalia highlighted that the shipment would originate from Weda B...

South Korean battery-maker LG Energy Solution (LGES) has signed multiple supply agreements with Ford Motor Co. to supply batteries for Ford’s commercial vans in Europe, LGES announced Oct. 15. Under the contracts, LGES is expected to supply a total of 109 GWh of batteries to Ford for its electric commercial vans, starting in 2026, with contract duration ranging from four to six years, the company said. The two companies have also agreed that batteries for the current Ford Mustang Mach-E ...

LG Energy Solution (LGES) announced a significant deal to supply electric vehicle batteries to a North American Mercedes-Benz affiliate, along with other regions. This deal, which spans from 2028 to 2038, entails the supply of 50.5 GWh in batteries. The financial details of this contract were not disclosed, nor was the specific Mercedes-Benz affiliate involved in the deal identified. LGES, a key player in the EV battery market with clients such as Tesla, General Motors and Hyundai Motor, a...

Forvia is set to provide the new Renault MASTER H2-Tech with an advanced hydrogen storage system, equipped with up to five second-generation composite carbon-fiber tanks. The tanks are capable of storing up to 9 kilograms (kg) of hydrogen. This innovative system, highlighted for its affordability and sustainability, leverages enhanced manufacturing processes and reduced material usage to offer a more cost-effective solution. Yves Dumoulin, senior vice president of Hydrogen Solutions at F...

SK Battery America (SKBA), a US subsidiary of SK On, is poised to start mass-producing electric vehicle batteries for Hyundai Motor from October at its Georgia, US, plant. This development represents a pivotal change for SKBA, whose production was previously focused on providing batteries to Ford. During a second-quarter conference call, SK On emphasized the growing importance of US production for original equipment manufacturers, spurred by substantial subsidies and related incentives. ...

Amprius Technologies Inc., based in Fremont, Calif., has announced securing two contracts worth over $20 million to supply 40-ampere-hour (Ah) high-performance cells for light electric vehicle (LEV) applications. The shipments are expected to commence in 2024, and full revenue recognition is anticipated by mid-2025. These contracts underscore Amprius' efficiency in advancing customers through the commercial validation phase, securing volume purchase agreements and committing to large-scale ce...

In a press release dated Sept. 23, BorgWarner announced that it will supply its twin ball bearing turbochargers to General Motors to be installed in the Chevrolet Corvette ZR1. The new turbocharger is the largest Twin Turbochargers to feature in a passenger car. Paired with the automaker's 5.5-liter flat plane crankshaft V8 engine, this Corvette is capable of 1,064hp and 828 pound-feet of torque.  According to BorgWarner, the automaker selected BorgWarner's twin ball bearing tu...

Amprius Technologies, Inc., a company recognized for its innovative work in the development of next-generation lithium-ion batteries with a silicon anode platform, recently announced the signing of a non-binding letter of intent (LOI) with a Fortune Global 500 technology original equipment manufacturer that specializes in light electric vehicles (LEVs). This LOI is a preliminary step toward a commercial supply agreement anticipated to span the next five years and emphasizes the cooperative inten...

Kongsberg Automotive (KA), based in Kongsberg, announced on Aug. 29, 2024, that it has successfully secured a contract extension worth more than €13.5 million in estimated lifetime revenue. This extension is for the KA Raufoss ABC™ System's air couplings, covering a three-year period starting in January 2025. The contract was awarded by a leading global brake manufacturer located in Europe, aiming to distribute the product to original equipment manufacturers of trucks, buses and trailers....

Indian automaker Tata Motors is set to source battery packs for its electric vehicles from Chinese manufacturer Octillion Power Systems, according to a report by Live Mint, citing sources. This marks a shift from Tata Motors' current battery supplier, Tata AutoComp Systems. Tata Motors, a leading player in the Indian electric car market, offers a range of EVs including the Tiago, Punch, Nexon and the newly introduced Curvv.ev. The company also plans to launch an EV version of the Harrier, w...

Rheinmetall, a technology group, has secured a significant contract to produce exhaust gas recirculation (EGR) valves for a prestigious car manufacturer starting from January 2026 through December 2031. This six-year contract, confirmed in June, is valued at a low three-digit million euro sum. The agreement also encompasses a 15-year supply of spare parts following the end of valve production, ensuring Rheinmetall's production capacities are fully utilized until 2031. As a tier 1 supplier,...

The Neta S shooting brake battery-electric vehicle (BEV), the new electric vehicle model from Neta Auto, is the first EV to utilize the CATL Integrated Intelligent Chassis (CIIC) skateboard chassis, marking a significant advancement in the EV sector, according to a press release dated Aug. 23. Built on the innovative skateboard chassis, the 800-V version of the Neta S shooting brake BEV will enter mass production, showcasing a high degree of integration by incorporating the powertrain, braking s...

Ideal Power, based in Austin, Texas, announced its collaboration with a third unnamed global automaker on Aug. 7. The partnership focuses on evaluating Ideal Power's B-TRAN bidirectional semiconductor power switch for potential use in electric vehicle contactors, which would be a new application for the company. This collaboration marks Ideal Power's ongoing engagement with leading global automakers, including previously announced engagements with Stellantis and another top-10 global aut...

ArcelorMittal has acquired a 28.4% equity stake in Vallourec, a France-based tubular solutions provider for several markets, including automotive. The world’s leading steel manufacturer purchased 65,243,206 shares of Vallourec, for €14.64 per share from funds managed by Apollo Global Management Inc., for a total consideration of approximately €955 million. ArcelorMittal and Vallourec signed a share purchase agreement to acquire shares owned by Apollo in March 2024. Following the acquisi...

Webasto is expanding its roof sensor module (RSM) portfolio to robot taxis and autonomous trucks, the Germany-based supplier said in a press release. The company developed RSM, which houses various sensor technologies including cameras, radar and Lidar, mainly for passenger vehicles to enable automated driving. Webasto has secured a significant project to supply its RSM to a robot taxi manufacturer in the US. “The next big step in this field of development will be autonomous truck...

PPG Industries, based in Pittsburgh, announced significant energy savings and emission reductions achieved with the use of its PPG CORASEAL 4-Wet Sealer in the production of Stellantis' light commercial vehicles (LCVs). The sealer's innovative one-step curing process stands in contrast to the up-to-three steps required by traditional technologies, thus providing notable sustainability benefits for automotive original equipment manufacturer paint shops by reducing energy consumption and CO2 ...

In a press release dated July 26, Carbon Revolution announced that it is supplying carbon-fiber wheels to be equipped with the Chevrolet Corvette ZR1, the third Corvette model supplied by Carbon Revolution. The announcement was made by Carbon Revolution, highlighting the continuation of its collaboration with General Motors (GM). Carbon Revolution CEO Jake Dingle expressed pride in working with GM again and emphasized the significant engineering and manufacturing expertise...

BorgWarner, known for its innovative and sustainable mobility solutions, has recently secured its largest eFan business contract in North America. This contract involves providing a high-voltage eFan system for a series of heavy- and medium-duty battery-electric vehicles (BEVs) by a major global original equipment manufacturer in North America, with production set to begin in the fourth quarter of 2027. The eFan system, which includes a fan, e-motor and integrated high-voltage inverter, ...

BorgWarner, known for its innovative and sustainable mobility solutions, has recently expanded its thermal management product business by securing contracts for exhaust gas recirculation (EGR) coolers with a notable commercial vehicle customer based in North America. Production of these EGR coolers is scheduled to begin in the fourth quarter of 2027, with plans to incorporate them across various commercial vehicle applications. BorgWarner will provide two variations of its EGR cooler, fe...

In a press release dated July 30, Farasis Energy announced that it has supplied its Super Pouch Solution (SPS) technology, previously integrated into Geely Radar's Horizon all-electric 4WD pickup, for the second-generation Aion V, a sport utility vehicle (SUV) launched by GAC Aion, the electric vehicle subsidiary of GAC Group. The second-gen Aion V, launched in July as the company's first global strategic model, features an advancement from Farasis Energy's SPS lithium iron phosphate (LFP) batte...

Aisin Corp. has entered into a strategic partnership with the BMW Group, where they will collaborate on the production of build-to-print e-axles, based on a design provided by BMW. This partnership is predicated on the long-standing relationship between Aisin and BMW, through which Aisin has previously supplied the car manufacturer with key components such as automatic transmissions and variable valve timings (VVTs). This new step in their collaboration will see Aisin producing e-axles i...

BorgWarner has announced contracts with three major original equipment manufacturers, including GAC Motor, a global East Asian OEM and a global OEM based in Europe, to supply its electric cross differential (eXD) technology, aimed at enhancing vehicle traction, handling and stability for a variety of battery-electric vehicle (BEV) applications such as sports cars, premium sedans and hatchbacks. Production for GAC Motor has already commenced, with production for the other OEMs set ...

The US Commerce Department announced its intention to allocate up to $400 million in government grants to Amkor Technology for the development of a $2 billion advanced semiconductor packaging facility in Arizona, US, Reuters reported July 26. This facility is poised to be the largest of its kind in the US, dedicated to packaging and testing millions of chips for use in autonomous vehicles, 5G/6G technology, and data centers. Apple has been identified as the primary and most significant clie...

SK On, a prominent battery manufacturer, is in the final stages of discussions with China's Geely Automobile to supply electric vehicle batteries, highlighting a growing collaboration aimed at boosting their presence in the eco-friendly mobility sector. The potential battery supply contract with Geely Automobile, discussed during the executives' visit to SK On's plant, is a strategic move for Geely as it aims to enter the South Korean premium EV market by early 2026. Geely Automobile exe...

Serbia is planning to offer Mercedes-Benz, Volkswagen and Stellantis the chance to buy lithium for car batteries, signaling a strategic move to prefer European automakers over Chinese ones, according to statements made by President Aleksandar Vucic. In an effort to strengthen ties with the EU, Vucic discussed the nation's intentions with the German daily, Handelsblatt. He highlighted that the EU's need for lithium is a driving force behind Serbia's decision. This announcement comes ahead...

In a press release dated June 19, Rheinmetall announced that its subsidiary Pierburg China has secured two significant orders worth a total of approximately €20 million for exhaust technology that will be employed in hybrid vehicles. The first order, valued at about €10 million and running for a term of five years, comes from a renowned Chinese supplier of carbon canisters. It involves the production of fuel tank shut-off valves (FTIV) crucial for controlling fuel vapors and maintaining t...

Westwater Resources Inc., based in Centennial, Colo., announced that it has entered into a binding offtake agreement with Fiat Chrysler Automobiles (FCA), a part of the Stellantis group and a manufacturer of electric vehicles. This agreement, alongside a previously announced agreement with SK On, ensures that Westwater has now secured offtake agreements for the entirety of its Kellyton Phase 1 capacity. Under the terms of the agreement with FCA, Westwater will supply natural graphite anode ma...

In a press release on July 10, The Yokohama Rubber Co. Ltd., based in Hiratsuka, Japan, recently announced its role in supplying GEOLANDAR X-CV tires as an optional original equipment (OE) for Lexus' new luxury on-road sport utility vehicle (SUV), the GX 550. The tires, which come in sizes 265/55R20 113V for the North American market and 265/55R20 109V for the Japanese market, were designed to cater to the vehicle's launch in North America in April 2024 and its upcoming general sales debut in Ja...

In a press release dated July 3, Kontron AG, recognized for its IoT technology solutions, has announced that it has won a major new order for intelligent charging systems for electric cars from a leading German automobile manufacturer. The project, valued at €120 million, is slated to commence series production in the third quarter of 2024 and extend through 2028. This endeavor focuses on catering to the European and Chinese markets with a novel generation of intelligent, interconnected cha...

Rheinmetall, a prominent technology group, has secured a significant contract to supply several million electric coolant pumps to a renowned international car manufacturer. The contract is valued in the low three-digit million euro range and involves the production of pumps to be utilized in the manufacturer's hybrid vehicles. Production has started already and is slated to continue through 2030, with a service agreement extending even further to 2045. This order marks a vital step for Rheinm...

Huaxiang Electronic has reached an agreement to acquire International Automotive Components Group’s (IAC) operations in mainland China for 600 million Chinese yuan ($82.6 million), Yicai Global reported June 26. The acquisition will significantly expand Hauxiang's presence in its domestic market. The deal involves IAC’s six subsidiaries in mainland China, including buying full stakes in Automotive Components Technology, IAC Automotive Components, IAC Shanghai Management as well as IAC Aut...

Sila, a company specializing in next-generation battery materials, has successfully closed its Series-G funding round, raising $375 million. The round was led by Sutter Hill Ventures and T. Rowe Price Associates Inc., with additional investments from new and existing investors including Bessemer Venture Partners, Coatue and Perry Creek Capital, among others. This financial milestone is set to support the completion of Sila's Moses Lake, Wash., plant by the first quarter of 2025, facilita...

In a press release dated June 25, Punch Powertrain announced that it has won a major order for its VT3 continuously variable transmission (CVT) from a leading mainland Chinese automaker. The annual demand forecast is for over 100,000 transmissions, and the start of production is scheduled for 2025. The VT3 transmission has proven to be a successful, robust and cost-efficient CVT, which can be quickly deployed thanks to its design flexibility. The tried-and-tested VT3 transmission contrib...

Mitsui Chemicals and its subsidiary ARRK Corp. have announced their materials' incorporation into a high-performance concept car based on the Toyota Fortuner. This collaboration involves TAFNEX CF PP, a unidirectional carbon fiber-reinforced polypropylene resin sheet developed by Mitsui Chemicals, and direct pellet-fed 3D-printed components co-developed by Mitsui Chemicals and ARRK. These materials are utilized in the Toyota Hyper-F Concept, which was designed by TCD Asia Co. Ltd., ...

Hyundai Transys has secured a milestone agreement to supply its innovative integrated electric vehicle drive system (EDS) to Ceer, a Saudi Arabian EV manufacturer backed by the Kingdom's sovereign wealth fund, the Public Investment Fund (PIF). The contract, valued at 3 trillion won (about $2.1 billion), was formalized at Hyundai Transys' headquarters. The company's integrated EDS, pioneering in the EV market, merges a motor, inverter and reduction gear into a single unit. This integration not...

Yahua, a Sichuan-based company primarily known for manufacturing and selling industrial explosives, has secured its position in the electric vehicle battery sector by extending its contract with Tesla for the supply of lithium hydroxide. The initial contract between Yahua and Tesla, which was set from 2021 to 2025, involved the supply of 63,000 to 88,000 tonnes of lithium hydroxide, amounting to a total value of $880 million. This contract was later extended in August of the previous year for...

SoundHound AI has announced acquisition of significant assets from Allset, an online food ordering platform known for connecting restaurants with local customers, the US-based specialist in voice artificial intelligence said in a press release June 20. The acquisition will enable consumers to use advanced voice AI to order food from their vehicles, phones and smart devices. With this acquisition, Allset's team joins SoundHound, enhancing the company's innovation capacity and voice AI capabili...

Kongsberg Automotive (KA) has secured a new contract valued at over €55 million for its dog-clutch actuator (DCA) from a mainland China-based automaker in the electric commercial vehicle market. The DCA, which is a KA invention, is tailored for gear-shifting and decoupling activities for multispeed transmissions. This five-year contract will commence production in 2025, with KA's Wuxi, mainland China, plants responsible for producing and supplying the product. KA's DCA is compatible wi...

Group14 Technologies Inc., a major manufacturer and supplier of advanced silicon battery materials, has signed five multiyear binding offtake agreements that represent over $300 million in contract value, according to a press release dated June 4. Without disclosing the names, Group14 said that the agreements have been made with three leading electric vehicle and two consumer electronic (CE) cell manufacturers across Europe, Asia and North America. These contracts will enable Group1...

Geely Holding Group, the owner of multiple car brands including Lynk & Co., Zeekr and Polestar, plans to establish a localized supply chain in Malaysia to deal with the high costs of automotive components in the country, Yicai Global reported, citing Geely Founder and Chairman Li Shufu.  Proton, a Malaysian car brand partly owned by Geely, has about 30% higher supply chain costs than brands in mainland China and 10% higher than those in Thailand, Shufu recently disclosed in...