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    From ‘eyes-off’ hype to ‘hands-free’ reality: Premium OEMs bet big on L2+
    While automakers from China to North America have publicly confirmed their intentions to pursue Level 3, others most notably the early adopter German premiums are subtly easing off their Level 3 ambitions as their latest Level 2+ systems come to market. BMW, Mercedes‑Benz and Stellantis all went to market with highly publicized Level 3 plans, and both German automakers have Level 3 systems in market today in very limited availability. But each has discovered that the combination of high cos...
    Insights
    BEV-native leadership and established OEM transition in SDV readiness
    The recent adoption by many original equipment manufacturers (OEMs) of an electrical/electronic (E/E) architecture based on zone controllers supporting a software-defined vehicle (SDV) is slowly replacing distributed electronic control architectures that rely on small pieces of control code housed and distributed widely inside isolated electronic control units (ECUs). This new approach centralizes the hardware processing and memory in fewer, more powerful control units that will house functional...
    Insights
    Automotive Engineering Exposition 2026 Yokohama: JATCO showcases electric powertrains and new mobility solutions
    JATCO Ltd. is exhibiting its electric powertrain and new mobility solutions at the Automotive Engineering Exposition 2026 Yokohama, which is being held over May 27-29, 2026, at Pacifico Yokohama in Japan. Under the theme “Electric Powertrains and New Businesses: From Seeds to Fruition,” JATCO will showcase products and technologies currently introduced to the market across both electrification and new business areas. The Japan-based company will display cutaway models of it...
    News
    JSW MG Motor India commences local production of 2-liter diesel powered MG Majestor SUV
    JSW MG Motor India has begun production of its new premium sport utility vehicle (SUV), the MG Majestor, at its manufacturing facility in Halol, Gujarat. The MG Majestor is the carmaker's first D+ segment SUV in the Indian market. The MG Majestor is powered by a 2.0-liter twin turbo diesel engine that produces 215.5 PS of power and 478.5 Nm of torque. Its drivetrain features an advanced four wheel drive system with ten distinct off-road modes and crawl control functionality. The manuf...
    News
    South Africa proposes higher incentives for EV battery manufacturing and mineral processing
    South Africa plans to modify its auto-industry incentive program to direct more support to electric vehicle battery manufacturers, with the aim of boosting the country's prospects of becoming a manufacturing hub for this fast-growing technology. Trade, Industry and Competition Minister Parks Tau published draft amendments to the flagship blueprint that supports the car industry, proposing higher production credits and customs rebates for battery-makers. If enacted, the policy could shift South A...
    News
    Ferrari unveils Luce, its first fully electric four-door luxury car
    Ferrari has presented its first fully electric car, the four-door Luce, marking a significant shift for the luxury sports-car maker at a time when competitors, including Porsche and Lamborghini, are scaling back their electric vehicle ambitions due to weak demand. The Luce, whose name means light in Italian, is Ferrari's first five-seater and was developed with the help of former Apple design chief Jony Ive and his collective LoveFrom. Aimed at affluent families, the car offers comfortable se...
    News
    BMW Group German plant starts pre-series production of Energy Master for hydrogen vehicles, control units for BEVs
    On May 21, BMW Group said its Landshut plant in Germany has begun pre-series production of the Energy Master, a key control unit for the hydrogen drivetrain of the BMW iX5 Hydrogen. At the same time, the plant is bringing online a second production line for the control unit used in Neue Klasse battery-electric models such as the BMW iX3 and BMW i3. The Energy Master serves as the central control unit of the high-voltage system. In battery-electric vehicles (BEVs), it is mounted on the hi...
    News
    Uber and JSW Green Mobility sign MOU to develop EVs for Indian ride-hailing market
    Uber and JSW Green Mobility have signed a memorandum of understanding as an initial step toward partnering to develop new electric vehicles for the Indian ride-hailing market. The companies plan to jointly develop and operate these vehicles to reduce costs, promote electric mobility and serve the needs of Indian riders and drivers. The MOU was signed at JSW's Mumbai headquarters during Uber CEO Dara Khosrowshahi's five-day visit to India. JSW Green Mobility is a fully-owned subsidiary of JSW ...
    News
    Nissan unit JATCO scraps Sunderland EV powertrain plan amid weak European demand
    Nissan Motor subsidiary JATCO has reportedly canceled its plan to produce electric vehicle powertrains in Sunderland, Britain, due to sluggish demand for Nissan's EVs in Europe, according to a Reuters report citing the Nikkei business daily. In January 2025, JATCO announced a plan to invest £48.7 million to produce up to 340,000 EV powertrains per year at a Sunderland plant for Nissan, integrating the motor, inverter and reducer. Later that year, Nissan, which had been badly damaged by weake...
    News
    US House bill proposes new annual fees for electric and plug-in hybrid vehicles
    US House lawmakers have proposed bipartisan legislation that would require electric vehicles to pay a $130 annual fee for road repairs and $35 for some plug-in hybrid models. The proposal comes as the House works on a five-year highway reauthorization bill that would authorize $580 billion ahead of the current law's expiration on Sept. 30. Most revenue for federally funded road repairs is collected through diesel and gasoline taxes, which EVs do not pay. Under the proposed law, the annual fee...
    News
    Stellantis launches STLA One modular vehicle architecture
    Stellantis has introduced STLA One, a modular vehicle architecture designed to support multiple powertrains and vehicle sizes. The carmaker said that STLA One will have a modular, scalable architecture with common interfaces intended to reduce complexity, speed up development and target 20% cost efficiency, driven by modularity by design and new battery choices. STLA One supports Stellantis' platform optimization strategy, helping the company to target reducing volumes by 50% across just...
    News
    Basquevolt unveils lithium-metal battery cell for EVs
    Spanish battery developer Basquevolt has introduced a next-generation lithium-metal battery cell for electric vehicles, the BQV400L, claiming a gravimetric energy density of more than 400 watt-hours per kilogram (Wh/kg) and compatibility with existing gigafactory manufacturing infrastructure. Launched on May 22, the pouch-format cell is positioned as a step toward industrialization of lithium-metal batteries using a hybrid polymer electrolyte architecture. Basquevolt said the BQV400L deliv...
    News
    AutoTechInsight Weekly - 25 May 2026
    Click the link above to download this week's issue
    News
    Bosch Ltd. reports 10.8% YOY growth in FY 2025/26 total revenue to $2.1B
    Bosch Ltd., the flagship company of Bosch India, reported a 10.8% year-over-year increase in total revenue from operations to 200.3 billion rupees (nearly $2.1 billion) in the fiscal year ended March 31, 2026. The company attributed the higher revenue to an increase in overall production volumes in the automotive market. Profit before tax stood at 36.4 billion rupees, equivalent to 18.2% of total revenue. Profit after tax, including exceptional items, was 27.7 billion rupees, representing 13.8% ...
    News
    Automotive Engineering Exposition 2026 Yokohama: Astemo to showcase innovations in environment, safety and digitalization
    Astemo will exhibit at the Automotive Engineering Exposition 2026 Yokohama, scheduled to be held from May 27 to May 29, at Pacifico Yokohama in Japan. The company will showcase advanced solutions and innovative products that are leading the era of software-defined vehicles (SDVs) in the areas of environment, safety and digitalization. This will include a focus on integrated control technologies that combine these fields at a higher level and the latest cloud-connected te...
    News
    Stellantis bets €60 billion on scale, tech and tough choices in ‘Fastlane 2030’ reset
    After years of managing a sprawling portfolio that often left investors questioning brand positioning, overlap and capital discipline, Stellantis is attempting a reset. The company is restructuring how it views its stable of iconic marques—splitting them into clearly defined global and regional roles, aligning product pipelines and sales strategies accordingly, and directing investment toward the most scalable and profitable nameplates. The aim is to eliminate internal competition, reduce d...
    Briefing
    Stellantis and Dongfeng plan Europe-based JV for Voyah new-energy vehicles
    Stellantis and Dongfeng Group have signed a nonbinding memorandum of understanding outlining their intention to expand their 34-year partnership by creating a Stellantis-led, Europe-based joint venture focused on the sales, distribution, manufacturing, purchasing and engineering of Dongfeng's new-energy vehicles (NEVs). The planned JV would initially target designated markets in Europe and be structured as a 51/49 JV led by Stellantis. Under the contemplated plan, the new JV would take respon...
    News
    Hyundai recalls over 54,000 Elantra hybrids in US due to fire risk
    Hyundai Motor Co. is recalling 54,337 vehicles in the US due to a potential fire risk associated with overheating in the hybrid power control unit, according to the US National Highway Traffic Safety Administration (NHTSA). The recall affects certain 2024–2026 Elantra Hybrid models. The NHTSA said overheating in the hybrid power control unit under high electrical loads could cause the affected vehicles to fail to start or enter a reduced-power mode. In some cases, the issue could ...
    News
    Hyundai Mobis hosts 5th Mobis Mobility Day in US to expand robotics and physical AI collaboration
    On May 18, Hyundai Mobis hosted its 5th Mobis Mobility Day in Sunnyvale, California, to identify global partners and expand collaboration in robotics and physical AI. The South Korean automotive supplier aims to broaden the open innovation it has pursued in the mobility sector into new business areas to strengthen its competitiveness. Mobis Mobility Day is Hyundai Mobis’ flagship open innovation event, where local startups, global automakers and representatives from...
    News
    Automotive Engineering Exposition 2026 Yokohama: Aisin to showcase advanced mobility solutions and innovative products
    Aisin Corp. will exhibit at the Automotive Engineering Exposition 2026 Yokohama, scheduled to be held from May 27 to May 29, at Pacifico Yokohama in Japan. The company will present products and technologies through interactive exhibits under two main themes: User-friendly, Stress-free Driving and Ride Experience, and Safety, Peace of Mind, and Comfortable Mobility Experience, emphasizing the enhanced value of mobility. Under the theme of User-friendly, Stress-free Driving and Ride E...
    News
    Stellantis, Jaguar Land Rover explore synergies for new product development for the US
    Stellantis and Jaguar Land Rover (JLR) have signed a memorandum of understanding (MOU) to explore opportunities to collaborate on product development in the US. The MOU is nonbinding and focuses on exploring collaboration opportunities to create synergies across product and technology development, with the aim of leveraging the companies' complementary strengths to create value for both organizations. Antonio Filosa, CEO of Stellantis, said that by working with partners to explore synergies i...
    News
    ZF to keep electric drive production in-house amid restructuring
    ZF has confirmed it will continue to manufacture key electric vehicle components — electric motors and inverters — internally, rejecting outsourcing as it restructures its passenger car powertrain business. The decision follows a comprehensive “make or buy” audit conducted under an alliance set up to overhaul its Electrified Drive Technologies (E) division, which has been under pressure due to sluggish electric vehicle demand and has slipped into losses. The strategic move ensures tha...
    Briefing
    Stellantis plans affordable small E-Car production at Pomigliano plant in Italy from 2028
    Stellantis announced the launch of a small and affordable E-Car project, with production planned to start in 2028 at the Pomigliano d'Arco plant in Italy. The company said that the first E-Cars are expected to roll off the production line in 2028. According to Stellantis, the E in E-Car stands for European, Emotion, Electric and Environmental friendliness. The project targets a high-potential segment to be produced in Europe for Europeans and has been recognized by the European Commissio...
    News
    Bosch secures a large order to supply electric motors from Mercedes-Benz
    Bosch has secured a major, long-term order to supply its next-generation electric drives from German premium carmaker Mercedes-Benz, the company announced May 19. According to Bosch, the order follows a successful 2025, in which it acquired more than 70 customer projects globally. The company supplies more than 50 automotive manufacturers worldwide with technology and solutions for electromobility. The company said its electric motors achieve up to 98% efficiency while simultaneously ...
    News
    ZF Q1 FY 2026 sales decline 11.9% year over year to €9.4 billion
    ZF reported a 1.9% year-over-year decline in sales to €9.4 billion in the first quarter ended March 31, 2026, despite a persistently weak market environment. Organic sales, defined as sales excluding the impact of foreign exchange and the scope of consolidation, increased 2.6%. Adjusted earnings before interest and tax increased 91.4% year over year to €446 million, resulting in an adjusted EBIT margin of 4.7% compared with 2.4% in the first quarter of the prior fiscal year. ...
    News
    CIBF 2026: Rept Battero unveils new battery solutions for passenger and commercial vehicle segments
    Rept Battero showcased a full range of energy storage products across several sectors and applications,  including energy storage, passenger vehicles and commercial vehicle applications, at the recently concluded 18th China International Battery Fair (CIBF 2026) held in Shenzhen, mainland China. In the passenger vehicle segment, Rept Battero introduced its 120 ampere-hours (Ah) fast-charging cell, high-capacity fast-charging hybrid PACK solutions, and hybrid solid-liquid high-n...
    News
    Ford Motor Co. reveals new model lineup, tech for Europe
    Ford Motor Co. has outlined a new vision for its future in Europe at a gathering of European dealers and partners, emphasizing a comprehensive product and technology rollout for commercial and retail customers over the next three years. The company's European strategy is anchored in its new Ready-Set-Ford global brand platform, focused on Build, Thrill and Adventure, with the first European campaigns under this banner launching in May. Ford Pro has evolved from a vehicle manufacturer ...
    News
    Xiaomi sets up new subsidiary for manufacturing EV powertrain systems
    Xiaomi has established a new subsidiary to manufacture and supply electric vehicle propulsion systems. Beijing Xiaomi Jingxu Technology Co. Ltd. was officially established on April 30, with a registered capital of 10 million yuan (approximately $1.39 million), according to Tianyancha's official website. The company's business scope covers the core three-electric propulsion (battery, motor and electric control) operations, including electric motor manufacturing, battery manufacturing, mot...
    News
    Hyundai Motor and Kia expand India-wide EV research with leading engineering institutes
    Hyundai Motor and Kia announced that they have partnered with Indian Institutes of Technology (IIT) to secure technology in the electric vehicle battery and electrification fields. On May 15, Hyundai Future Mobility Innovation Center signed agreements with four schools — IIT Hyderabad, IIT Kanpur, Visvesvaraya National Institute of Technology (VNIT) Nagpur and Tezpur University — to join a joint research framework. The Hyundai innovation center is a mid- to long-term strategic indust...
    News
    AutoTechInsight Weekly - 18 May 2026
    Click the link above to download this week's issue
    News
    BorgWarner secures order for turbocharger from major European OEM
    BorgWarner has secured multiple turbocharger business awards from a major European original equipment manufacturer for a range of passenger car and van applications, covering both extensions of existing business and a conquest win. These awards further strengthen BorgWarner's position in combustion vehicle applications, with production expected to begin in phases from the second quarter of 2026 through the second quarter of 2029. According to Volker Weng, vice president of BorgWarner Inc. and...
    News
    VW-backed Gotion launches Gnascent sodium-ion battery
    Gotion High-Tech, a leading Chinese battery maker backed by VW, officially launched its dedicated sodium-ion battery brand Gnascent at its 15th Global Technology Conference, where it introduced three specialized versions of the battery. Gotion said that it has already established gigawatt-hour (GWh) scale production lines for these products in Tangshan and Hefei in mainland China. The Gnascent lineup includes a high-energy version with an energy density of 261 Wh/kg, which represents a 60%...
    News
    BYD warns of tight Blade Battery supply amid rapid flash-charging-enabled EV rollout
    BYD Chairman and President Wang Chuanfu said the company is facing battery supply constraints as multiple new models begin production ramp-ups across its Dynasty, Ocean, Denza, and Yangwang brands. Speaking on the sidelines of the 2026 Yangwang Business Research Institute conference on May 15, Wang said BYD's battery production capacity remains tight, although monthly sales are expected to continue rising as additional battery output comes online. His comments come as BYD rapidly expands the ...
    News
    BYD hires Nissan veteran to prepare for Japanese compact EV market
    BYD is preparing to launch its Racco electric K-car in Japan this year. To execute the project, the Chinese carmaker has hired former Nissan engineer Hirohide Tagawa, reported Nikkei. The Racco is described as a compact EV designed specifically for Japan's tightly regulated K-car segment, where strict limits on vehicle dimensions, output, and taxation define one of the country's most established automotive categories. Despite these constraints, K-cars remain central to Japan's domestic market...
    News
    Uno Minda to set up new EV powertrain plant in Maharashtra, India
    Indian supplier Uno Minda Limited has announced plans to establish a greenfield manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra, India, to produce high-voltage electric powertrain products for EVs. The facility will be established through its subsidiary, Uno Minda Auto Innovations Private Limited, and will manufacture and assemble electric drive units (EDUs) and dedicated hybrid transmission (DHT) systems. This expansion is already supported by new orders for EDU and DHT sy...
    News
    Bridgestone supplies bespoke Potenza tires for Lamborghini Fenomeno Roadster supercar range
    Bridgestone has been selected as the exclusive tire partner to the new Lamborghini Fenomeno Roadster. The Japanese tire-maker is supplying two custom-engineered Bridgestone Potenza tires designed to maximize the supercar's capabilities on both road and track. The Fenomeno Roadster is described as the most exclusive and powerful open top Lamborghini model ever produced, with just 15 units planned, each equipped with a 1080 CV V12 hybrid powertrain. To optimize its performance for real-world dr...
    News
    Honda scraps long-term EV targets and Canadian project after posting annual loss
    Honda Motor reported its first annual loss in nearly 70 years as a listed company, driven by more than $9 billion in costs to restructure its electric vehicle (EV) business, and scrapped its long-term EV sales targets. The company posted an operating loss of ¥414.3 billion ($2.63 billion) for the year ended March 2026. Honda booked total EV-related losses of ¥1.45 trillion for the business year ended March 2026 and expects additional EV write-down costs of ¥500 billion for the current year...
    News
    CATL, Yutong deepen partnership to accelerate electrification of commercial vehicles globally
    Chinese battery giant CATL and bus manufacturer Zhengzhou Yutong Bus have signed a memorandum of understanding (MOU) for comprehensive strategic cooperation on May 12, further deepening their 15-year partnership. According to a press release, the cooperation will focus on jointly expanding in overseas markets. The partners plan to establish a model for exporting Chinese automotive technology across more than 60 overseas countries and regions, and will drive the electrification of commercial v...
    News
    Stellantis signs $1.18 billion deal with Dongfeng to produce Peugeot and Jeep models in mainland China
    Stellantis NV has agreed to an 8 billion yuan ($1.18 billion) project with mainland China's state-owned Dongfeng Motor to expand the production of Peugeot and Jeep vehicles for both domestic and export markets. The Dongfeng Peugeot Citroën Automobile (DPCA) joint venture will initially produce two all-new Peugeot-branded new-energy vehicles (NEVs) at its Wuhan plant starting in 2027. These two models will be based on the latest design language of the all-new concept cars unveiled by Peugeot ...
    News
    Hyundai debuts AI infotainment system on new Grandeur sedan
    Hyundai Motor has launched the facelifted Grandeur sedan in South Korea, describing it as a blend of the vehicle's long-standing luxury heritage with cutting-edge software-defined vehicle (SDV) technologies. Grandeur is Hyundai Motor's most iconic flagship sedan, and since its debut in July 1986, the model has remained at the forefront of South Korea's premium sedan market for nearly four decades. The new Grandeur is powered by Hyundai Motor's latest AI infotainment system and a next-generati...
    News
    NHK Spring’s FY 2025/26 earnings decline despite marginal growth in net sales to $5.1 billion
    NHK Spring reported a 1.9% year-over-year increase in net sales to ¥816.9 billion (about $5.1 billion) in the fiscal year 2025/26, which ended on March 31, 2026. Despite higher net sales, the Japanese supplier recorded a 12.2% year-over-year decline in operating profit to ¥45.8 billion. The company concluded the fiscal year with a 42.2% drop in net profit to ¥27.9 billion. Net sales decreased in the Automotive Suspension Springs Business by 1% year over year to ¥116.4 billion, but operati...
    News
    Mazda delays long-range EV to 2029 and shifts investment toward hybrids
    Mazda has postponed the launch of its first dedicated long-range EV from 2027 to at least 2029, citing minimal progress and shifting priorities. CEO Masahiro Moro stated that the decision was made before production began, which allowed the company to avoid write-downs or impairments, since no factory retooling or supplier contracts had been initiated. This situation differs from companies such as Ford, General Motors (GM), and Stellantis, which have incurred significant losses when altering thei...
    News
    Schaeffler Q1 FY2026 sales declines 2.7% year over year to €5.8 billion
    Schaeffler reported financial results for the first quarter ended March 31, 2026, achieving sales of €5.8 billion, a 2.7% year-over-year decrease from €5.9 billion in the first quarter of 2025. At constant currency, sales increased 1%. The Germany-based supplier recorded 3.3% year-over-year growth in EBIT before special items to €285 million, resulting in an EBIT margin before special items of 5.0% compared to 4.7% in the first quarter of 2025. The company con...
    News
    Toyota Motor collaborates with Hyroad Energy to deploy hydrogen fuel-cell trucks in California
    Toyota Motor North America has entered into a definitive agreement with Hyroad Energy to deploy 40 hydrogen fuel-cell Class 8 commercial trucks in Southern California, US. The announcement was made on the sidelines of the ACT Expo, North America's largest fleet technology event. Under the said agreement between the two companies, Hyroad will provide trucks, maintenance, data and software services to support Toyota's logistics operations, while Toyota will supply hydrogen fuel through its own ...
    News
    Workers protest at German supplier IAV’s headquarters over plans to cut up to 1,400 jobs
    On May 12, hundreds of workers gathered outside the Berlin headquarters of Volkswagen-backed automotive supplier IAV GmbH to protest plans to cut up to 1,400 jobs, marking the latest flashpoint in Germany's strained auto sector. The protest, organized by the IG Metall union, was directed against job cuts in Germany by mid-2027, including the effective closure of IAV's Berlin site, which would affect about 1,250 employees. Volkswagen holds a 50% stake in IAV, which employs about 5,500 people a...
    News
    Thyssenkrupp reports sharp decline in Q2 FY 2025/26 earnings amid 2% year-over-year drop in sales to €8.4 billion
    Thyssenkrupp’s sales declined 2% year over year to €8.4 billion in the second quarter ended March 31, 2026. Lower sales impacted the Germany-based company’s earnings, with EBITDA declining 47% year over year to €245 million and earnings before interest and tax recording an even sharper decline of 65% year over year to €65 million. Thyssenkrupp concluded the second quarter with net income of €1 million compared to €155 million in the January–March quarter in 2025. Adjusted EBIT...
    News
    Schaeffler and ThunderSoft partner on centralized vehicle computing platforms for software-defined vehicles
    Schaeffler has formed a strategic partnership with mainland China-based ThunderSoft to jointly develop and market central vehicle computing platforms for future vehicle architectures. The collaboration aims to support original equipment manufacturers as they move toward software- and AI-based vehicles, with a focus on modular and scalable solutions that reduce development outlay and system complexity and enable centralized software and data architectures. “Central vehicle computers are deve...
    News
    BorgWarner to supply turbocharger and EGR cooler to a European vehicle manufacturer
    BorgWarner has secured business with a major European commercial vehicle original equipment manufacturer to supply a high-efficiency variable turbine geometry (VTG) turbocharger and an exhaust gas recirculation (EGR) cooler for a Euro 7-compliant, 6-cylinder heavy-duty diesel engine platform. This award expands BorgWarner's depth in the on-highway commercial vehicle segment and further broadens its collaboration with the customer, with production expected to begin at the end of 2028. Volke...
    News
    Infineon wins ITC ruling against Innoscience on gallium nitride
    The US International Trade Commission (ITC) has ruled in favor of Infineon in a patent infringement dispute involving gallium nitride (GaN) technology, ordering import and sales bans against Chinese rival Innoscience. The Full Commission's ruling affirms an initial determination from December 2025 and is subject to a 60-day Presidential review before taking effect. Infineon holds a broad GaN patent portfolio, comprising about 450 patent families. GaN semiconductors offer higher power density,...
    News
    Dauch Corp. Q1 2026 sales rises 6.7% year over year to $2.4 billion on first-time consolidation of Dowlais Group
    Dauch Corp. reported its financial results for the first quarter ended March 31, 2026, achieving a 6.7% year-over-year increase in sales to $2.4 billion. Despite higher sales, the company recorded an operating loss of $33.7 million against an operating profit of $42.7 million in the first quarter of 2025. The company attributed the operating loss to higher selling, general and administrative (SG&A) expenses and restructuring and acquisition-related costs. During the first quarter, the US-...
    News
    Oman signs investment deal with South Korean EL B&T for EV and battery plant in Duqm
    Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ) signed an investment agreement with South Korean electric vehicle technology company EL B&T to establish an EV and battery cell manufacturing plant in the Duqm Special Economic Zone. The investments for this project are estimated at approximately 96.2 million rials (about $250 million). The project will be implemented in two phases, with the annual production capacity expected to reach 60,000 vehicles and 1.6 million...
    News
    AutoTechInsight Weekly - 11 May 2026
    Click the link above to download this week's issue
    News
    Quantinuum and BMW Group extend quantum computing partnership for advanced materials and mobility
    Quantinuum has expanded its collaboration with BMW Group into a multiyear partnership focused on applying quantum computing to advanced materials science to unlock future mobility. The two companies have been working together since 2021 on joint research aimed at addressing complex challenges in industrial chemistry to support the advancement of next-generation mobility. Their work has progressed from foundational algorithm development to advanced simulations of molecular systems, e...
    News
    Opel plans new all-electric C-segment SUV developed with Leapmotor
    Opel has unveiled a key project in its model strategy, a completely new, all-electric C-segment sport utility vehicle that would expand the carmaker's current portfolio. The new SUV is part of Stellantis and its Chinese partner Leapmotor's plan to deepen their strategic collaboration globally. According to the carmaker, the new electric SUV will not only serve as a blueprint for efficient global collaboration but also enable Opel to take a major strategic step forward in electrification and s...
    News
    Hyundai Mobis unveils scalable 160-kW PE system for mainstream EVs
    Hyundai Mobis has developed a 160-kilowatt Power Electric (PE) system for general-purpose models, following its earlier development of a high-performance 250-kW PE system. The company also plans to complete the development of a 120-kW PE system tailored for small mobility vehicles by the first half of 2026. Through these developments, Hyundai Mobis aims to establish a drive system lineup covering all types of electric vehicles and to further enhance its global competitiveness in electrificati...
    News
    ElectroMobility Poland partners with Foxconn to build EV production and research hub in Poland
    ElectroMobility Poland (EMP) will partner with Taiwan's Foxconn to develop an electric vehicle production and research hub in southern Poland, as part of plans to create an EV champion in response to growing European demand. The state-backed company said it is negotiating the scope of cooperation with Foxconn and its EV subsidiary Foxtron Vehicle Technologies, including the possible formation of a joint venture, and aims to sign binding agreements in the second half of 2026. EMP's CEO Cyprian...
    News
    Software-defined vehicles and multi-cycle leasing: From OTA refresh to modular vehicle renewal
    The automotive industry’s shift towards a more sustainable approach is driving the growth of multi-cycle usage models. As automakers aim to capitalize on technological innovation and changing customer usage, these strategies extend the life of vehicles, components and materials through repair, repurposing, and refurbishment.  In traditional automotive cycles, vehicles are manufactured for a single owner, before eventually being scrapped, with limited opportunities to recycle materials....
    Insights
    Xiaomi's EV unit appoints new senior executives to accelerate expansion overseas
    Xiaomi's electric vehicle (EV) unit has adjusted the responsibilities of key executives as it prepares to enter overseas markets. According to a report by local media Sina Tech, Xiaomi has appointed auto division vice-president Yu Liguo as head of the overseas business preparation group, with Yu reporting to Xiaomi Group CEO Lei Jun and president William Lu. The personnel change reflects Xiaomi's ambition to enter the global EV market. Based on the company's previous strategic planning, it ex...
    News
    Geely reaches agreement to acquire Ford Motor's inactive facility in Valencia, Spain
    Chinese carmaker Geely Auto has reached an agreement to acquire the Body 3 assembly line at Ford Motor's Almussafes plant in Valencia, Spain, according to Spanish media outlet La Tribuna de Automoción. By taking over this currently inactive facility, Geely is expected to establish its own independent vehicle manufacturing operations in Europe. Geely plans to use the assembly line to produce a new energy vehicle (NEV) model based on the GEA (Global Intelligent New Energy Architecture) platfor...
    News
    Linamar completes acquisition of Winning BLW facilities in Germany
    Linamar Corp. announced the successful completion of the acquisition of Winning BLW's Remscheid and Penzberg manufacturing facilities in Germany. The acquisition, first announced in March 2026, further strengthens Linamar's technology platform, vertical integration, and long-term growth outlook. According to the Canadian supplier, the Remscheid facility is a leader in mass production of high-performance precision bevel and intermediate gears for the light vehicle market, while the Penzberg fa...
    News
    Hyundai Mobis' Q1 sales rise 5.5% YOY to $10.3 billion
    Hyundai Mobis reported a 5.5% year-over-year increase in sales to 15.6 trillion won (approximately $10.3 billion) in the first quarter of 2026 ended March 31, 2026. The company reported higher sales despite a decline in vehicle production volume at its biggest customer, Hyundai Motor and Kia. Operating profit improved 3.3% year over year to 803 billion won, resulting in operating margin of 5.2% compared to 5.3% in the first quarter of 2025. Hyundai Mobis concluded the first quarter with a 14.4% ...
    News
    CATL subsidiary CAIT partners Turkish carmaker Togg on joint development of chassis platform
    Contemporary Amperex Intelligent Technology (Shanghai) Limited (CAIT), CATL's skateboard chassis arm, has entered into a strategic partnership with Turkish automotive brand Togg to jointly develop a chassis platform for Togg's new B-segment vehicle family. This collaboration, announced on April 29, 2026, marks the first overseas passenger vehicle project for the platform. Under the agreement, CAIT will provide its Bedrock Chassis technology and engineering expertise, working with Togg to co-d...
    News
    Onsemi and Geely expand strategic collaboration on next-generation EV platforms
    Onsemi and Geely Auto Group have expanded their strategic collaboration to accelerate the development of next-generation electric and hybrid vehicles. The partnership focuses on deepening the system-level integration of Onsemi's silicon carbide (SiC) technologies across Geely's vehicle platforms to support faster, more efficient electric vehicle development. As part of this announcement, Geely is showcasing its Sustainable Experience Architecture-Super Hybrid (SEA-S)-based Super Electric...
    News
    BorgWarner wins multiple contracts to supply eMotors for hybrids and EVs in Asia
    BorgWarner has won multiple contracts to supply electric motors (eMotors) from Asian original equipment manufacturers, strengthening its position across battery-electric and hybrid vehicle markets in Asia. Production for these programs is expected to begin in phases from June 2026 through September 2027. In South Korea, BorgWarner will supply a stator assembly for a new electric B-segment sport utility vehicle program. This award builds on BorgWarner's previous success in supplying hairpin eM...
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    BMW i Ventures launches $300 million fund to support AI startups reshaping automotive ecosystem
    BMW i Ventures, the corporate capital venture arm of the BMW Group, has launched its third fund, committing $300 million to the premise that AI will fundamentally reshape how the automotive industry operates and creates value across its ecosystem. Fully backed by the Germany-based automotive group, Fund III will focus on physical AI, agentic AI, industrial software, manufacturing technologies, supply chain technologies and advanced materials. It will invest across North America and Europe from s...
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    AutoTechInsight Weekly - 4 May 2026
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    Mitsubishi Electric plans strategic automotive alliance with Foxconn via 50% stake transfer
    Mitsubishi Electric signed a memorandum of understanding with Foxconn to explore a strategic alliance covering their automotive equipment businesses, with Mitsubishi Electric considering transferring a 50% stake in its automotive unit to the Taiwanese manufacturer. The proposed alliance targets electrification, autonomous driving and software-defined vehicle (SDV) technologies and would build on their existing collaboration. Mitsubishi Electric is considering transferring 50% of shares in its...
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    Magna reports strong growth in Q1 earnings as sales rise 3.1% year over year to $10.4 billion
    Magna reported a 3.1% year-over-year increase in sales to $10.4 billion in the first quarter ended March 31, 2026. The company’s topline performance benefited from the launch of new programs and the net strengthening of foreign currencies against the US dollar. Despite higher sales, Magna recorded a 61% year-over-year decline in income from operations before income taxes to $87 million, including a $485 million loss on assets held for sale related to the planned divestment of it...
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    General Motors invests $830 million in US to support production of more gas-powered trucks and SUVs
    On April 29, General Motors (GM) announced an additional $830 million in investments at plants in Michigan and Ohio, in the US, to support the production of revamped gas-powered trucks and sport utility vehicles. The announcement brought GM’s investment in its US operations to more than $6 billion over the past year. The latest round of investment is directed to GM’s auto parts facilities in Romulus, Michigan; Saginaw, Michigan; and Toledo, Ohio. The aut...
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    IBM and Dallara Group use AI and quantum computing to speed up vehicle design
    IBM and the Dallara Group have announced a collaboration to advance vehicle design and optimization using AI and explore the use of quantum computing. The work combines Dallara's experience in high-performance vehicle engineering with IBM's AI for physics and quantum computing to accelerate aerodynamic design and enable more advanced simulation workflows. One early physics-based AI foundation model was trained on Dallara's proprietary and validated aerodynamic data of a high-performance vehicle,...
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    Auto China 2026: Reach showcases full-stack AI vehicle intelligence portfolio
    At Auto China 2026 in Beijing, Reach officially unveiled its full-stack product portfolio designed to accelerate the intelligent evolution of AI vehicles. Industry leaders and experts, along with executives and representatives from Honda, Toyota, FAW, Geely, GAC, Dongfeng Voyah, FAW Jiefang, BMW, Volkswagen Cariad, Chery, Nissan, Mazda, Hitachi Astemo, Bosch, UAES, ZTE Microelectronics, and other global original equipment manufacturers and industry partners visited the booth for in-depth discuss...
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    Aisin reports strong growth in FY 2025/26 earnings as revenue rises 4.5% year over year to $32 billion
    Aisin Corp. has reported strong financial performance in the fiscal year 2025/26, which ended March 31, 2026. Revenue increased 4.5% year over year to ¥5.1 trillion (about $32 billion), which drove a 12.7% year-over-year growth in operating profit to ¥228.8 billion and a 43% year-over-year increase in profit before income taxes to ¥247.9 billion. Aisin concluded the fiscal year by achieving a 59.6% year-over-year increase in net profit to ¥171.7 billion. The ...
    Briefing
    Axial flux motors will achieve price parity with radial flux motors in the future: Rory Brogan, founder and CEO, Torev Motors
    With early industry recognition, innovative wound-rotor designs, and a clear commercial roadmap targeting 2029 deployments, Torev is positioned to reshape electric motor technology while anticipating trends like modularity and smarter controllers. The following are edited excerpts. S&P Global Mobility: Tell us about the genesis of Torev Motors; how did it come into being? How did you select axial flux motors? Was the focus always on rare earth free axial flux motors or did you pivot to th...
    Insights
    DENSO reports strong growth in FY2025/26 revenue and profit
    DENSO Corp. has reported strong growth in revenue and profit in the financial year ended March 31. The leading Japanese automotive supplier recorded a 5.3% year-over-year increase in revenue to ¥7.5 trillion ($42.7 billion), leading to 6.5% year-over-year growth in operating profit to ¥552.5 billion, while profit before income tax increased 6.8% year over year to ¥617.3 billion. DENSO concluded the financial year with net profit of ¥443....
    Briefing
    FAW Group-backed Hongqi seeks a potential partnership with Stellantis, eyes European manufacturing base
    FAW Group's premium brand, Hongqi, is reportedly exploring establishing a European manufacturing base, potentially in partnership with Stellantis, as Chinese original equipment manufacturers accelerate localization strategies in response to tariffs, logistics costs and intensifying regulatory scrutiny. This move represents a step up in Hongqi's global ambitions, shifting from its historical association with state limousines and domestic prestige toward a broader international role, and would ...
    News
    HyProMag GmbH opens rare earth magnet recycling plant in Pforzheim, Germany
    Mkango Resources Ltd. announced that its subsidiary, HyProMag GmbH, has officially opened its rare earth magnet recycling and manufacturing plant in Pforzheim, Germany.  The announcement follows the Germany–UK business government forum, which took place April 27 at the Haus der Deutschen Wirtschaft in Berlin. During the forum, Katherina Reiche, the federal minister for Economic Affairs and Energy of Germany, and Peter Kyle, the UK secretary of state for business and trade, signed a joi...
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    Auto China 2026: ElringKlinger spotlights new-energy vehicle technologies and mainland China-focused strategy
    ElringKlinger is using Auto China 2026 to underscore its role as a technology and development partner for new-energy vehicles (NEVs) in Asia, highlighting mainland China as a pivotal market for next-generation vehicle and drive technologies. The company emphasized that mainland China is a key force behind emerging vehicle segments and drive concepts, particularly in NEV, and is shaping global standards, development speed and market dynamics. Against this backdrop, ElringKlinger is positioning...
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    Auto China 2026: Hyundai plans to launch 20 new BEVs and EREVs in mainland China over next 5 years
    South Korean carmaker Hyundai plans to regain lost market share in the world's largest electric vehicle market by implementing an aggressive localized product road map. At Auto China 2026, Hyundai announced that it will make a full push into mainland China's new-energy vehicle (NEV) sector, with a focus on its Ioniq brand. According to the company, it plans to roll out 20 new battery-electric vehicle (BEV) and extended-range electric vehicle (EREV) models in mainland China over the next five ...
    News
    MAN becomes first commercial vehicle manufacturer to demonstrate bidirectional charging for electric trucks
    MAN Truck & Bus, through the SPIRIT-E research project, is advancing the electrification of freight transport by publicly demonstrating bidirectional charging for the first time under real-world conditions at the premises of the Schmid freight forwarding company in Obertraubling near Regensburg, Germany. Using a battery-electric MAN eTGX with 480 kilowatt-hours of usable energy, this technology turns electric trucks into flexible energy storage units that can not only charge but also sele...
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    Auto China 2026: Onsemi deepens collaboration with Nio to power next-gen 900-V EV platforms
    Onsemi announced an expanded strategic collaboration with Nio Inc. to support Nio's transition from 400-volt to next-generation 900-volt electric vehicle platforms, using Onsemi's EliteSiC enhanced M3e technology. The partnership aims to improve efficiency, performance and scalability across Nio's latest EV lineup, including models that will debut at the Auto China 2026, such as the flagship sport utility vehicle ES9. The EliteSiC enhanced M3e technology delivers optimized...
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    Toyota partners with CATL on EV battery manufacturing and exports in Indonesia
    Toyota Motor Manufacturing Indonesia (TMMIN) has entered into a partnership with Contemporary Amperex Technology Co. Ltd. (CATL) for electric vehicle battery manufacturing in Indonesia. As part of this collaboration, TMMIN is committing 1.3 trillion rupiah (approximately $75.8 million) to support Indonesia's EV ecosystem, including development of the battery supply chain from raw materials through to finished products. The battery project is linked to the company's "Best in Town" approach, th...
    News
    AutoTechInsight Weekly - 27 April 2026
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    News
    Li Auto expands footprint into the Middle East, Southeast Asia
    Mainland Chinese automaker Li Auto has signed key regional dealer agreements in the Middle East and announced its Asian expansion plans as it increases its focus on overseas markets. The company has signed a partnership agreement with the United Arab Emirates' Al Fahim Motors and Saudi Arabia's Mohamed Yousuf Naghi Motors at its Beijing headquarters, paving the way for its L-series extended-range electric vehicle (EREV) models to enter the Middle East market. Li Auto's L-series lineup incl...
    News
    Auto China 2026: Xiaomi Auto opens a new R&D facility in Munich
    Xiaomi Auto has opened a European research and development center in Munich, as the Chinese electric-vehicle maker prepares for its next product launch and a planned European market entry in 2027. Lei Jun, CEO of Xiaomi Auto, announced the launch of this new R&D center during the ongoing 2026 Beijing Auto Show. The center has about 50 staff and is led by Rudolf Dittrich, who previously worked on BMW's M4 GT3 race car project, while vehicle dynamics is headed by Claus-Dieter Grol...
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    Valeo Q1 FY 2026 sales declines 3.6% year over year to €5.1 billion
    Valeo’s sales declined 3.6% year over year to €5.1 billion in the first quarter ended March 31, 2026. Sales on a comparable basis, excluding foreign exchange impacts and scope of consolidation, increased 1.3% year over year. Original equipment (OE) sales declined 5.7% year over year to €4.2 billion and accounted for 83% of total sales during the first quarter. On a comparable basis, OE sales contracted by 0.6% year over year, outperforming global vehicle production by 3...
    News
    ZF Group appoints Peter Holdmann as first chief technology officer
    The ZF Group has created the new role of chief technology officer (CTO) and appointed Peter Holdmann to the position, highlighting the strategic importance of technology and development for the Group's innovative capacity and economic success. As a member of the ZF executive board, Holdmann is already responsible for Research and Development. With the introduction of the CTO position, ZF is consolidating group-wide technological management at the executive board level to align R&D across all...
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    Vietnam plans to extend special consumption tax cut on EVs to 2030
    Vietnam is planning to extend a special consumption tax cut on electric vehicles to the end of 2030 in an effort to boost EV sales and reduce emissions, according to the parliament office. The government will submit the proposal to extend the tax cut to parliament for approval, the office said in a statement citing a report from the Finance Ministry. Vietnam reduced the special consumption tax on EVs in March 2022 to a range of 1%-3%, down from the previous level of 4%-11%. The current tax cu...
    News
    Auto China 2026: Valeo showcases China Speed innovations and humanoid robotics
    Valeo is showcasing its latest innovations at Auto China 2026, which runs from April 23 to May 3 at the Capital International Exhibition Center (CIECC) in Beijing. At its booth, the French supplier is presenting a portfolio of integrated systems designed at China Speed, aimed at reducing development cycles while maintaining global safety standards. In electrification, Valeo highlights a 5-in-1 Deep Integration Module and a next-generation dual inverter that reached start of production (SOP) i...
    News
    New York announces an additional $30 million grant to incentivize leasing and purchase of EVs
    New York Gov. Kathy Hochul has announced that an additional $30 million is now available for consumers in New York State to use toward the purchase or lease of an electric vehicle. The announcement reinforces New York State's commitment to improving access to zero-emission electric vehicles (ZEVs) and enhancing affordability, while helping to reduce vehicle pollution and provide cleaner air in New York communities. Hochul said that as the federal administration continues to roll back ...
    News
    General Motors halts next-generation full-size electric truck program indefinitely
    General Motors (GM) is indefinitely delaying its next-generation full-size electric truck program, including the GMC Sierra and Chevrolet Silverado, which was scheduled to begin in 2028, Reuters reported on April 22, citing Crain’s Detroit Business, which referenced unnamed sources. The program, which involved planning for lower-cost new electric versions of the Sierra, Silverado, Escalade IQ, and Hummer sport utility vehicle and pickup, has been halted, and suppliers were recently informed th...
    News
    USA Rare Earth to acquire Serra Verde in $2.8 billion cash-and-stock deal
    USA Rare Earth announced it will acquire Brazilian rare earths miner Serra Verde in a cash-and-stock transaction valued at $2.8 billion, extending a series of recent acquisitions that expand the company's mining, processing and magnet-making portfolio. Over the past year, USA Rare Earth has added British rare earths metals and alloy producer Less Common Metals and a stake in French processing firm Carester to its existing magnet manufacturing plant in Stillwater, Oklahoma, and its Round Top, Tex...
    News
    Hyundai Motor presents IONIQ 3 electric hatchback in Europe, featuring spacious interior, Pleos Connect infotainment system
    Hyundai Motor has introduced the IONIQ 3, a fully electric compact hatchback designed to meet the electromobility requirements of customers in the European market. Built on Hyundai Motor Group's Electric-Global Modular Platform (E-GMP) with a 400-volt electrical architecture, the electric hatchback offers two battery options, with ranges of 344 kilometers (Standard Range) and 496 kilometers (Long Range). The electric powertrains deliver up to 107.8 kilowatts (147 PS) of output and 250 Newto...
    News
    CATL plans to commence mass production of sodium-ion batteries in 2026
    On April 21, during the CATL Tech Day event in Beijing, CATL announced that its sodium-ion batteries will enter mass production later in 2026. The company said that when the supply chain of sodium-ion batteries matures, electric vehicles using these batteries will be able to achieve a driving range of up to 600 kilometers per charge. Wu Kai, CATL's chief scientist and an academician of the Chinese Academy of Engineering, said the company has resolved core manufacturing challenges, e...
    News
    Bosch rolls out third-generation silicon carbide chips to boost EV efficiency and range
    Bosch has begun introducing third-generation silicon carbide (SiC) chips for electric vehicles and is supplying samples to global automakers. These chips are intended to make electric cars more efficient and increase their range. According to Markus Heyn, member of the Bosch board of management and chairman of the Bosch Mobility business sector, SiC semiconductors control the flow of energy and make it as efficient as possible, and next-generation SiC chips are expected to help customers br...
    News
    Volkswagen Group unveils smart mobility expansion and agentic AI road map for mainland China
    At the Auto China 2026 in Beijing, the Volkswagen Group presented a major expansion into smart mobility, unveiling a refreshed model portfolio with four global premieres. The new lineup is based on the "in China, for China" strategy, with design, digital cockpit services and advanced driver assistance systems tailored specifically for mainland Chinese customers. The group also launched its Agentic AI for All road map, built on the new, scalable China Electronic Architecture (CEA), which will int...
    News
    Posco International builds rare earth to motor core value chain for EV components
    Posco International is accelerating the expansion of its mobility materials business by establishing a triangular axis value chain that connects rare earth elements and permanent magnets, centered on the core electric vehicle component, the drive motor core. The company aims to achieve 3 trillion won (approximately $2.04 billion) in related sales by 2030 through vertical integration from raw materials to final components. According to industry sources on April 21, Posco International is build...
    News
    CATL unveils new battery technologies at its 2026 Tech Day in Beijing
    CATL has introduced a series of new battery products for passenger vehicles, hybrids, racing and battery-swapping solutions at its Technology Day in Beijing on April 21. The new product advancements are aimed at consolidating its position in a highly competitive power battery industry. CATL has officially launched the third-generation Qilin Battery, increasing the charging rate to an equivalent of 10C with a peak of 15C. This nickel-cobalt-manganese (NCM) battery reaches a volu...
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    Cellcentric launches new fuel-cell system BZA375 for customer testing and validation
    Cellcentric has officially launched its next-generation heavy-duty fuel-cell system, named BZA375, at Hannover Messe. BZA375 is now available for testing, validation and further industrial scale-up across a broad range of heavy-duty applications. As a tier 1 supplier focused on heavy-duty trucks and similar use cases, Cellcentric aims to address challenges in decarbonizing transport by making zero-emission drive technology competitive, durable and broadly applicable for demanding applications...
    News
    PG&E and Tesla convert Cybertruck into a grid asset in California
    Pacific Gas and Electric Co. (PG&E) and Tesla have announced that the Tesla Cybertruck, Tesla Powershare Gateway and Tesla Universal Wall Connector have been approved for participation in PG&E's residential vehicle-to-everything (V2X) program in California, US. The development is seen as a major milestone for bidirectional electric vehicle integration in California. PG&E customers who own a Cybertruck can use the V2X program to install Powershare Home Backup and activate Powe...
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    Auto China 2026: Marelli to showcase propulsion and thermal innovations
    Marelli will showcase a range of propulsion and thermal innovations at Auto China 2026 in Beijing from April 24 to May 3. The company will present technologies that support vehicle-makers across the powertrain evolution, with solutions tailored for different propulsion configurations and regional requirements. A major highlight will be Marelli's new e-Transmission Cooling Pump, a system engineered to deliver precise, on-demand oil cooling for modern transmissions, enabling a 30-watt saving co...
    News
    OPmobility reports lower revenue in Q1 2026 but strong regional and business segment growth
    OPmobility reported a 6.3% year-over-year decline in consolidated revenue to €2.5 billion in the first quarter ended March 31, 2026. Consolidated revenue, on a like-for-like basis, declined 2.3%. Economic revenue, which includes sales from joint ventures YFPO exterior systems manufacturing in mainland China and SHB module assembly operations in South Korea, declined 4.9% year over year to €2.8 billion. By business group, economic revenue in the Exterior and L...
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    MAHLE delivers higher profitability in FY 2025 amid global headwinds
    MAHLE reported a 3.6% year-over-year decline in revenue to €11.3 billion in the financial year ended Dec. 31, 2025, the Germany-based supplier said during its annual press conference on April 15, 2026, in Stuttgart, Germany. Excluding exchange rate and deconsolidation effects, it recorded organic sales growth of 0.6%. Lower revenue impacted MAHLE’s earnings, as the company recorded a 46.1% year-over-year decline in earnings before interest and ...
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