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Business News

Manufacture

Brazil

|

Transmissions

|

Manufacture

ZF localises TraXon transmission production in Brazil

By Jim Gibbins – 30th June 2022

July sees ZF do Brasil Ltda start production of the TraXon transmission at its plant in Sorocaba, state of São Paulo.

Netherlands

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Achievement

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Manufacture

DAF produces 10,000th new generation vehicle

By Will Hall – 29th June 2022

Eindhoven-based DAF Trucks N.V. has produced its 10,000th new generation truck. Starting in winter 2021, DAF’s new generation comprises the XF, XG, and XG+ models.

China

|

Manufacture

|

Battery Systems, Supercapacitors & Solar

CATL begins battery production at USD1.8 billion Guangdong plant

By Will Hall – 25th June 2022

CATL, based in Ningde, China, has opened its new battery manufacturing plant in the city of Zhaoqing, Guangdong. With a substantial total investment of 12 billion yuan (USD1.8 billion), the first phase of CATL’s Zhaoqing production base is set for the production of both EV batteries and energy storage batteries.

Belgium

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Netherlands

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Agreement

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Manufacture

Stellantis to supply Toyota Motor Europe with “large-size” vans from 2024

By Bradley Osborne – 23rd June 2022

Stellantis will produce the new range of LCVs, including diesel and battery-electric drivelin options, at its Polish and Italian plants, and then supply them to TME.

Italy

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Manufacture

|

Investment

IVECO BUS announces plans to restart bus production in Italy

By Will Hall – 22nd June 2022

Turin, Italy-based Iveco Group NV has announced it intends to resume bus production in Italy. The firm intends to assemble hydrogen fuel cell and battery-electric buses at the Iveco plant in Foggia, southern Italy, with alternative propulsion systems produced in Turin.

Belgium

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Battery Systems, Supercapacitors & Solar

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Manufacture

Volvo Trucks opens battery assembly plant in Belgium

By Bradley Osborne – 22nd June 2022

The Swedish manufacturer has opened its first battery assembly plant in Ghent, East Flanders, where series production of batteries for its heavy-duty electric trucks will begin in the third quarter of this year. 

USA

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Battery Systems, Supercapacitors & Solar

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Joint Venture

Stellantis and Samsung SDI establish battery manufacturing joint venture

By Bradley Osborne – 22nd June 2022

The car and van manufacturing corporation has entered into a binding agreement with Samsung SDI to establish a joint-venture battery manufacturing facility in Kokomo, Indiana, USA for powering electric vehicles. 

France

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Hydrogen Fuel Cells

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Joint Venture

Symbio and Schaeffler joint venture to produce key component for fuel cell systems

By Bradley Osborne – 22nd June 2022

Symbio has announced the establishment of 'Innoplate' with the German rolling element bearings manufacturer - a joint venture for the production of metallic bipolar plates, a key component in hydrogen fuel cell stacks for electric vehicles. 

Brazil

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Investment

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Manufacture

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Wheels & Tyres

Iochpe-Maxion investing USD20 million to expand Brazilian operations

By Will Hall – 21st June 2022

Iochpe-Maxion S.A., based in São Paulo, has announced it is to invest BRA100 million (USD20 million) in its Cruzeiro manufacturing facility in Brazil. As a result of the investment, the company will increase its annual production capacity by 400,000 truck wheels and 110,000 agricultural wheels.

UK

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Electric Drive

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Manufacture

REE Automotive to scale up production capacity to 20,000 units by end of 2023

By Bradley Osborne – 21st June 2022

The Israeli firm is currently preparing a 130,000-sq-ft facility for the production of 'P7' Class 3-5 commercial electric vehicle platforms in Coventry, UK, which will be followed by another site in Texas, USA.

Japan

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Manufacture

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Investment

Kyocera to build its largest plant in Japan, increasing capacity for semiconductor production

By Will Hall – 19th June 2022

Kyocera Corp, based in Kyoto, has announced a plan to build the largest manufacturing facility it has ever operated in Japan, expanding production capacity for semiconductors. The company stated that a primary motivator in the expansion is the growing demand for components for ADAS systems and sensors used in new vehicles.

Russian Federation

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Ukraine

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Strategy/Policy

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Manufacture

More companies elect to suspend business in Russia

By Bradley Osborne – 11th June 2022

Companies such as Stellantis, SKF and Mercedes-Benz took the decision to suspend their business operations in Russia, in the continuing aftermath of the Russian-led invasion of Ukraine.

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    • Alternative Fuel Engines
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    • Body & Cab Components
    • Brakes & Braking Systems
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    • Connectivity
    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
    • Emission Control Systems
    • Fuel Storage Systems
    • Gas Engines
    • H2 IC Engines & Components
    • HVAC Systems
    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
    • Transmissions
    • Wheels & Tyres
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