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Toshiba Corporation has developed a new magnetic material with characteristics that deliver major improvements in motor efficiency at minimum cost, and with the potential to win significant reductions in power consumption. Motors account for approximately half of the world’s electric power consumption. pt across all motors.).
Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. Tata Motors has steadily worked to engineer mobility solutions powered by alternate fuel technology, including battery-electric, hybrid, CNG, LNG and Hydrogen Fuel Cell technology.
New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe. billion.
Yamaha Motor has begun accepting orders for a high-performance electric motor prototype that is capable of delivering industry-leading high power density for automobiles and other types of vehicles. Sample dual-motor package. 35kW prototype unit under development.
Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. Non-affiliated Hyundai Motor Group suppliers will invest approximately another $1 billion in the project.
Tata Motors, India’s leading automobile manufacturer, launched the newest member of its EV family this past week: the Tiago.ev. Equipped with a permanent magnet synchronous motor, Tiago.ev Equipped with a permanent magnet synchronous motor, Tiago.ev The battery and motor also come with 8 years or 160,000 km warranty.
The new electric car brand Aion S—recently unveiled at Auto Guangzhou 2018 by GAC NE, GAC MOTOR’s new energy vehicle arm—will be the first line of cars to adopt Nidec’s fully integrated traction motor system (E-Axle) ( earlier post ). Earlier post.). Earlier post.).
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., to manufacture automotive traction motors. Nidec’s fully integrated automotive traction motor system E-Axle (announced in April 2018). billion to US$9.3 billion) in 2030.
Hyundai Motor Company announced an updated roadmap for its future business Strategy 2025 at the 2020 CEO Investor Day’ forum held virtually in Seoul. Hyundai Motor also unveiled its mid- to long-term financial goals, which include an investment of KRW 60.1 Hydrogen fuel cell systems. Updated Strategy 2025. Urban Air Mobility (UAM).
CBAK Energy Technology, a lithium-ion battery manufacturer and electric energy solution provider, signed a three-year strategic agreement with Anhui Jianghuai Motors Group Co., JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Ltd for joint product development.
Mullen Automotive, an emerging EV manufacturer, is acquiring a controlling interest in EV truck maker Bollinger Motors. million in cash and stock for a 60% controlling interest, which gives Mullen the majority ownership of Bollinger Motors. The purchase price is $148.2 —David Michery, CEO and chairman of Mullen Automotive.
MAHLE presented a new technology kit for electric motors that combines the advantages of its benchmark SCT (Superior Continuous Torque, earlier post ) and MCT (Magnet-free Contactless Transmitter) electric motors. MAHLE will present both products to a broad audience for the first time at the IAA Mobility in September.
ENEOS Corporation, Suzuki Motor Corporation, Subaru Corporation, Daihatsu Motor Co. Toyota Motor Corporation , and Toyota Tsusho Corporation established the Research Association of Biomass Innovation for Next Generation Automobile Fuels (Research Association) to study ways to optimize the process of producing fuel.
Electric Last Mile Solutions (ELMS), a designer of intelligent, e-mobility workstations for the last mile, signed a binding, long-term supply agreement with Liuzhou Wuling Automobile Industry Co., Urban Delivery is expected to enter the US market at a starting price of approximately $25,000, after incentives.
The Norwegian Automobile Federation (NAF) and Motor magazine have conducted the world’s largest winter electric car test. Taking place earlier this month, the test assessed the range and charging speed of electric cars available on the Norwegian market.
Toyota Motor Company and Beijing SinoHytec have established a joint venture company to promote the commercial vehicle fuel cell system industry in China. Last year, Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co.,
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co., Plans call for FCRD to be established in Beijing during 2020. SinoHytec’s YHTG80 80 kW fuel cell system.
million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. In 2021, China continued to lead the global auto market, with 26.27
CATL ) signed a cooperation agreement with Honda Motor in Tokyo to cooperate formally to develop electric vehicles for the future market. Also, at the Beijing Motor Show in 2018, it officially announced that more than 20 electric vehicles would be launched in China by 2025. Automobile R&D Center in Tochigi.
DS Automobiles, a Stellantis brand, has unveiled the E-TENSE PERFORMANCE prototype as a high-performance testbed for coming DS production designs. Since its launch in 2014, DS Automobiles has put electrification at the heart of its strategy. From 2024, every new DS Automobiles design will be only 100% electric.
Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter liter V8 engine for automobiles that is fueled entirely by hydrogen. At the same time, ‘Motor’ is in our company name and we accordingly have a strong passion for and level of commitment to the internal combustion engine. Earlier post.).
At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 It plans to convert additional lines as market demand dictates. trillion (US$85 billion) over the next 10 years, including KRW 35.8 Production.
SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. SAIC Motor holds a stake of 51% of the JV and Infineon 49 percent, respectively. Infineon will continue to independently serve all other markets.
Supernal revealed its initial eVTOL vehicle cabin concept at Farnborough International Airshow, providing the first look at how Hyundai Motor Group is integrating automotive capabilities to develop the Advanced Air Mobility (AAM) market. —Jaiwon Shin, President of Hyundai Motor Group and CEO of Supernal.
With the 4in1 electric axle, Schaeffler is now going one step further by integrating the thermal management system as well as the electric motor, power electronics, and transmission into the axle drive. In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America.
The automotive market has felt out of whack for quite some time. But consumers are tapped out and starting to notice theyre arguably getting less vehicle for their money than they used to and there is a wealth of data suggesting that the market is sincerely starting to struggle. But the outlook for 2025 hasnt been quite as rosy.
The zero-emission vehicle (ZEV) standard requires automobile manufacturers to deliver more vehicles with ultra-low or zero tailpipe emissions for sale in Minnesota, including electric vehicles (EVs) and plug-in hybrid models. The Minnesota LEV standard is identical to the California LEV III standard, which covers MY 2015-2025.
The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. In China, Nidec-made e-axles go into EVs produced by Guangzhou Automobile Group and into high-end Zeekr EVs made by Geely Automobile.
A key element of the brand’s continued strategic development will be local production of future battery-electric MINI vehicles in the world’s largest market for electromobility. To this end, the BMW Group has signed a letter of intent (LoI) with the Chinese manufacturer Great Wall Motor. million vehicles per year.
Zeekr aims to deliver a new electric vehicle to market each year in the coming five years. The initial market strategy for Zeekr will be focused on the Chinese market as part of Geely but will also explore export opportunities to satisfy global market demand for premium electric vehicles. Governance structure.
Ford Motor Company is reorganizing its Asia Pacific operations. Fleet will also oversee the establishment of a new International Markets business unit, which will initially comprise Ford’s existing Asia Pacific businesses outside of China and other markets globally—the subject of a future announcement.
Fujitsu Limited and Toyota Systems Corporation launched a new automobile production instruction system at Toyota Motor Corporation’s Tsutsumi plant leveraging Fujitsu’s Quantum-Inspired Digital Annealer technology. Fujitsu plans to roll-out the service globally to markets outside of Japan from fiscal 2023.
Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 Through the new EV architecture development system, Hyundai Motor Group will innovate its cost structure for electric vehicles by sharing components in their application to various models.
Hyundai Motor Company announced a new roadmap—Strategy 2025—intended to secure its position as a frontrunner in the future mobility industry. Hyundai’s plans for Smart Mobility Device include a wide range of product groups beyond automobiles such as Personal Air Vehicle (PAV), robotics, and last-mile mobility.
Nidec Corporation announced that the Ni200Ex, the company’s 200kW e-axle traction motor system, has made its way into ZEEKR 001, an electric vehicle newly released by Geely Automobile Group under its premium Zeekr brand. The user can choose either a single-motor or a dual-motor type.
The MOU marks a significant milestone for Hyundai Motor as it is the company’s first strategic partnership involving the application of its fuel cell system technology in the shipbuilding industry, spearheading a new generation of seafaring vessels. Hyundai Motor commercialized the Tucson ix35 fuel cell electric vehicle (FCEV) in 2013.
Honda Motor recently unveiled its work on two key advanced future safety technologies being developed with the goal of realizing “zero traffic collision fatalities involving Honda motorcycles and automobiles globally by 2050”. Then, the system derives the most appropriate support information to help the road users avoid risks.
Hyundai Motor Group (HMG) introduced HTWO, a new brand to represent the group’s world-leading hydrogen fuel cell system. With HTWO, Hyundai Motor Group is stepping up efforts for the development of a next-generation hydrogen fuel cell system that can be applied to various forms of mobility such as UAM, automobiles, vessels and trains.
HTWO, as a fuel cell system-based hydrogen business brand of Hyundai Motor Group, was first released in December 2020 with Hyundai’s strong commitment to hydrogen economy.
With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world. EV sales are expected to reach 25% of the Chinese market by 2030. Chinese ICE passenger car market. LCV market. Ltd (eGT) and Jiangxi Jiangling Group Electric Vehicle Co. JMEV was created in 2015. It reached 3.3
liter Atkinson-cycle four-cylinder engine, which is part of the two-motor hybrid-electric system that powers Honda Accord and CR-V hybrid-electric models. Honda has produced automobiles in Ohio for more than 40 years, beginning in November 1982 with the start of automobile production at the Marysville Auto Plant.
Buick’s vehicle-to-everything (V2X) technology made its debut at the Guangzhou International Automobile Exhibition. Later this year, Buick will become the first brand in China officially to roll out the market-ready technology on a production vehicle, a Buick GL8. Past work on V2X in China. The six-seat 2021 GL6 comes with a 1.3L
Genesis introduced the Electrified GV70 SUV by hosting a world premiere event at the Guangzhou International Automobile Exhibition (Auto Guangzhou 2021) in China last week. Range estimates for the North American market will be available closer to launch. The vehicle is expected to reach 60 mph in 4.5 seconds with Boost Mode.
Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms— announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider.
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