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AISIN to invest more than $200M in new production lines for two-motor hybrid transmissions in N Carolina

Green Car Congress

AISIN Corporation, the fifth-largest Tier 1 auto supplier in the world, announced today that it will launch two new production lines with a total anticipated investment of more than $200 million at its AISIN North Carolina Corporation (ANC) facility in Durham, North Carolina.

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Lockheed Martin Ventures invests in high performance electric motor manufacturer H3X

Green Car Congress

H3X Technologies announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation. H3X designs and manufactures advanced electric motors to enable sustainable aviation and other high-performance applications.

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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

Green Car Congress

Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.

Georgia 320
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Aisin developing ultrahigh-efficiency EV motor with Tohoku Magnet Institute

Green Car Congress

Aisin Corporation is developing an ultrahigh-efficiency motor using NANOMET jointly with Tohoku Magnet Institute (TMI), in which Aisin invested in June last year. TMI’s strengths lie in research and development of optimal compositions for motors and technological development of optimal foil manufacturing.

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Linear Labs to begin mass production of high-torque M200 e-mobility motor in September

Green Car Congress

The company will start with an allocation of production that is distributed between itself and several Tier One sub-contractors in order to expedite the manufacturing ramp rate and delivery of motors to early customers. Linear Labs is expecting to manufacture and deliver at least 100,000 M200 motors by the end of 2021.

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Daimler Truck and Toyota to partner on advanced technologies, merge Mitsubishi Fuso and Hino Motors

Green Car Congress

Daimler Truck Holding AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors Ltd. Hino) and Toyota Motor Corporation concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.

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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan. Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer.