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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

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The second-generation Toyota C-HR will be produced at Toyota Motor Manufacturing Turkey (TMMT) in Sakarya—about 150 km east of Istanbul. In scope of the new model investment, TMMT will improve and enhance its production line, while laying down the framework to meet the future requirements of production diversity and flexibility.

Turkey 459
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Czech government, ?EZ sign MOU on $2.4B, 40GWh gigafactory; ?EZ lithium mine project progressing

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The document sets forth the basic conditions for the establishment of the factory and is a prerequisite for agreements with other potential investors, including automakers and battery manufacturers. ?EZ The automotive industry is the cornerstone of the Czech economy and its share in our GDP is almost 10 percent. Geomet s.r.o.

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ZF has begun delivery of cubiX software for intelligent chassis control

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From the middle of the year, the vehicle will be available in Europe. As ZF’s first pure software product, cubiX offers another decisive advantage: The platform is compatible with various actuators such as dampers, brakes or rear-axle steering—regardless of the manufacturer or the specific design.

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Teijin completes acquisition of Czech composite and component supplier Benet Automotive

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Benet), a leading automotive composite and component supplier in the Czech Republic, from Jet Investment. We are growing our automotive composites business with our proprietary lightweight, high-performance materials, and superior multi-material design capabilities served by our hubs in Europe, North America and Asia.

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Li-ion maker A123 Systems to build HQ complex in Michigan, shrink US cell manufacturing

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A123 Systems LLC, a developer and manufacturer of advanced lithium-ion batteries and systems, plans to spend $40 million to build a new headquarters complex in Novi, Michigan. The 32-acre company-owned site will house all corporate functions, an engineering center, new laboratory space and a manufacturing plant.

Michigan 150
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Volkswagen Group China building battery system factory in Anhui to strengthen BEV value chain

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With a significant increase of battery-electric vehicles (BEVs) in the future, we need to focus on keeping key components like battery systems in our own value chain, allowing us to leverage Group-wide synergies and innovations. The plan is to manufacture more than 1 million battery systems per year in a few years.

China 186
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Volkswagen to spend ~€44B on e-mobility, autonomous driving, new mobility services and digitalization through 2023

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The Volkswagen Group is working consistently on improving earnings at all brands and companies in order to finance the enormous challenges of the future from its own resources. In order to serve growth in Europe going forward, the Group will be expanding its production capacity post-2022 with an additional plant in Eastern Europe.