Automotive Battery News

Recent industry report about Automotive Battery company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Automotive Battery Market industry experts.

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Automotive Battery News

  • In May 2022, Stellantis and Samsung announced to invest USD 2.5 billion to build a battery manufacturing facility in Indiana. The factory is likely to start production by the year 2025.
  • In December 2021, Toyota announced to invest USD 1.3 billion for the establishment of a battery manufacturing plant in North Carolina. The plant is likely to have the capacity to produce Lithium-Ion batteries for 800,000 vehicles and is expected to commence production by 2025.
  • In Oct 2021, the United States Department of Energy (DOE) announced the opening 13 new projects at various stages to expand the country's battery production for automotive needs. The commissioning of these battery manufacturing plants is set to finish by 2025
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  • September 2022: Mahle GmbH (Mahle) unveiled its CO2-neutral powertrain technologies for commercial vehicles during the IAA Transportation event in Hanover, Germany. The presentation included the introduction of a novel power cell unit that comprises pistons, piston rings, conrods, pins, a cylinder liner, and a high-pressure impactor designed for crankcase flushing.
  • February 2022: Cummins Inc. made a significant announcement about expanding its leading powertrain platforms to encompass a diverse range of lower-carbon fuel options. These expanded platforms will also incorporate shared architectures for engine blocks and other essential components, resulting in tailored solutions aimed at enhancing fuel efficiency.
  • February 2022: Tenneco Inc. disclosed plans for a merger with Pegasus Merger Co., a wholly-owned subsidiary of Pegasus Holdings III, LLC. This merger was intended to increase Tenneco Inc.'s ownership stake in Federal-Mogul India, a company specializing in the production of cylinder liners, pistons, piston rings, and various other products. Following the merger of Pegasus Merger Co. and Tenneco Inc., Pegasus Holdings announced that it would hold a 74.98% stake in Federal-Mogul India.
  • In May 2023, Yamaha launched two new electric Urban Mobility models, BOOSTER Easy eBike and BOOSTER S-pedelec. Both the models are equipped with the very latest PWseries S2 motor od 250 W capacities which is one of the most sophisticated designs in the class and a 630 Wh 36V Yamaha battery.
  • In July 2023, Basso Volta, an Italian e-bike manufacturer, announced a light Italian e-bike with a carbon frame and an advanced display. The bike weighs merely 15.2 kg. Volta's performance is equally impressive, housing a powerful 500 Wh battery discreetly integrated into the downtube and providing a claimed range of 200 km (125 miles) on a single charge. The heart of this Italian e-bike is the Polini EP3+ motor, which delivers an impressive 75 Nm of torque and 250 W of assistance.
  • In June 2023, Bosch announced its new Performance Line SX motor, with a claimed output of 600W peak power and 55Nm of torque. The Performance Line SX is the first lightweight motor from the German brand, with a claimed weight of 2kg.
  • January 2023: Dana Cardenas opened a new USD 21 million plant in Querétaro, Mexico, with a production line that will make Toyota components. The first production line, which already began with 110 employees, will be joined by two more lines later in 2023 for a total annual production of 545,000 units with 300 employees. Alejandro Sánchez Alvarado, Operations Director at Dana Cardanes, explained that three production lines are being installed in the new 917-square-meter facility, where cardan shafts (drive shafts) will be manufactured for use in Toyota trucks.
  • December 2022: JTEKT Corporation (JTEKT) announced the adoption of their "low-vibration drive shaft" for Toyota Motor Corporation's Lexus RX front-wheel drive. The low-vibration drive shaft uses an "opposite groove construction," in which 6 balls are incorporated in the ball joint on the tire side, and the pushing loads of the opposing three balls cancel each other out, reducing internal friction by half. This lowers engine vibration transmission to the vehicle body and enhances fuel economy.
  • October 2022: JTEKT and its group firm Koyo sealing techno developed JTEKT Ultra Small Seal as a compact diff. Side oil seal for BEV eAxle in response to the rapid growth of the battery electric vehicle (BEV) industry. A differential side seal is an oil seal affixed to the connection between the differential and the drive shaft that prevents oil leakage from the inside and pollution from the outside.

January 2023: Panasonic Automotive Systems Company, United States, announced the launch of its nanoe X portable in-vehicle air cleaner designed to enhance and maintain cabin air purity in the North American market.

October 2022: Audi announced a collaboration with supplier MANN+HUMMEL to develop a particle filter for electric vehicles that effectively captures particulate matter from the environment.

  • In September 2022, BultenAB and Polestar collaborated to develop a climate-neutral electric car by the year 2030. In this collaboration, BultenAB will supply climate-neutral and highly functional fasteners.
  • In April 2022, Birmingham Fastener & Supply Company Inc. acquired Champion Sales and Manufacturing, Inc., one of the leading rubber gasket companies based in Magnolia, Texas. Through this acquisition, Birmingham Fastener & Supply Company Inc. enhances its product offering and manufacturing diversity across Texas.
  • August 2022: Maruti entered the streak of carrying advancement in the automotive infotainment systems by introducing its all-new Baleno. The car is equipped with Smart Play Pro+, a top-of-the-line touchscreen infotainment system with an impressive 9-inch display for passengers. While it has all the bells and whistles of the Smart Play Pro, the
    company has added several navigations, car play, and advancements made upon the constructive feedback from auto lovers.
  • March 2022: Acura MDX launched its new Type S version, which remained popular among car enthusiasts-made incredible efforts to design this fleet based on current consumer expectations. The car has a touchpad infotainment system with an amazing OLED display.
  • February 2022: Harman International acquired Apostera, an augmented reality (AR) and mixed reality (MR) software developer company. With this acquisition, Harman is aiming to expand its automotive product offering with the development of AR and MR technologies, as AR can be deployed for head-up displays and infotainment systems.
  • January 2022: Denso developed Global Safety Package 3, an active safety system designed to improve the safety of vehicles by giving them high sensing capability of their surroundings. It uses the combined performance of a millimeter-wave radar sensor and vision sensor to assist the driver in controlling the vehicle safely. This product is used in the Hino Ranger, the Lexus NX, and the Toyota Noah and Voxy.
  • In May 2022, Stellantis and Samsung announced to invest USD 2.5 billion to build a battery manufacturing facility in Indiana. The factory is likely to start production by the year 2025.
  • In December 2021, Toyota announced to invest USD 1.3 billion for the establishment of a battery manufacturing plant in North Carolina. The plant is likely to have the capacity to produce Lithium-Ion batteries for 800,000 vehicles and is expected to commence production by 2025.
  • In Oct 2021, the United States Department of Energy (DOE) announced the opening 13 new projects at various stages to expand the country's battery production for automotive needs. The commissioning of these battery manufacturing plants is set to finish by 2025
  • In July 2021, Jeep's Performance Parts division (JPP) has introduced Gorilla Glass windshields for its Wrangler SUV and Gladiator pick-up truck models. JPP's new windshield is made with Corning Gorilla Glass. Its durability is ensured by Mopar's combination of an ultra-thin Gorilla Glass inner ply with a 52 percent thicker outer ply. Both the Jeep Wrangler and Gladiator have an upright windshield, which reduces the panel's ability to deflect a strike from a rock.
  • In June 2021, Webasto, supplied the sliding panorama sunroof for the new Mercedes-Benz S-Class. The large glass surface provides a pleasantly bright ambiance in the sedan's interior. Shading can be provided as required via two separately controllable roller blinds. Operation of the modular roof system and blinds takes place conveniently and individually via gesture and voice control.
  • In March 2021, Audi announced that all-electric Q4 e-tron crossover will have a dynamic windshield display. The AR windshield offers a wider field of view and more accurate and dynamic animations compared to a standard windshield HUD.
  • In February 2020, AGC Glass Europe collaborated with citrine informatics to develop new glass technology using artificial intelligence. The data provided by AGC to build AI models helps to target the identification of the best process conditions to reach high-performance glass materials.
  • In January 2020, BMW in the CES 2020 introduced intelligent glass control in the iNextits electric SUV, which is a reflective type of glass that can be activated both manually and automatically. Through various sensors, glass can pick up any specific position of the sun, through which only certain areas of the window will be adjusted to keep excessive heat and light away.
  • September 2022: Mahle GmbH (Mahle) unveiled its CO2-neutral powertrain technologies for commercial vehicles during the IAA Transportation event in Hanover, Germany. The presentation included the introduction of a novel power cell unit that comprises pistons, piston rings, conrods, pins, a cylinder liner, and a high-pressure impactor designed for crankcase flushing.
  • February 2022: Cummins Inc. made a significant announcement about expanding its leading powertrain platforms to encompass a diverse range of lower-carbon fuel options. These expanded platforms will also incorporate shared architectures for engine blocks and other essential components, resulting in tailored solutions aimed at enhancing fuel efficiency.
  • February 2022: Tenneco Inc. disclosed plans for a merger with Pegasus Merger Co., a wholly-owned subsidiary of Pegasus Holdings III, LLC. This merger was intended to increase Tenneco Inc.'s ownership stake in Federal-Mogul India, a company specializing in the production of cylinder liners, pistons, piston rings, and various other products. Following the merger of Pegasus Merger Co. and Tenneco Inc., Pegasus Holdings announced that it would hold a 74.98% stake in Federal-Mogul India.
  • In May 2023, Yamaha launched two new electric Urban Mobility models, BOOSTER Easy eBike and BOOSTER S-pedelec. Both the models are equipped with the very latest PWseries S2 motor od 250 W capacities which is one of the most sophisticated designs in the class and a 630 Wh 36V Yamaha battery.
  • In July 2023, Basso Volta, an Italian e-bike manufacturer, announced a light Italian e-bike with a carbon frame and an advanced display. The bike weighs merely 15.2 kg. Volta's performance is equally impressive, housing a powerful 500 Wh battery discreetly integrated into the downtube and providing a claimed range of 200 km (125 miles) on a single charge. The heart of this Italian e-bike is the Polini EP3+ motor, which delivers an impressive 75 Nm of torque and 250 W of assistance.
  • In June 2023, Bosch announced its new Performance Line SX motor, with a claimed output of 600W peak power and 55Nm of torque. The Performance Line SX is the first lightweight motor from the German brand, with a claimed weight of 2kg.

Automotive Battery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)