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admin-demo
Global pandemic sector recovery briefing
As we enter a recovery phase around the world, we aim to bring you the latest news and intelligence on the speed, nature and shape of the automotive sector’s recovery from the COVID-19 pandemic.
NHTSA probes 1.1m Hondas over steering
The US National Highway Traffic Safety Administration (NHTSA) said on Monday it was opening a formal safety probe into more than 1.1m Honda Accord vehicles over sudden loss of steering control reports.
Demonstrator for Mahle hydrogen technology nears debut
The first demonstrator vehicle for a novel new hydrogen fuel cell technology is in development by Mahle Powertrain.
Hoegh Autoliners launches Aurora Class vessel
Höegh Autoliners has launched its Aurora Class vessel designed for 9,100 car equivalent units, with the company saying the ship will be the world’s largest vehicle carrier.
Scania boosts sales and profits
Scania said the first quarter of 2021 was “characterised by a high level of activity both in order intake and deliveries, despite major difficulties related to pandemic restrictions and the supply chain”.
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More car chips coming this year but supply crisis to run into 2022 – Infineon
Automakers should expect more chips in the second half of the year but the overall squeeze on supply is likely to continue into 2022, according to one of the industry’s largest suppliers Infineon.
SK IE shares to soar on market debut
South Korean electric vehicle (EV) battery materials manufacturer SK IE Technology Company (SKIET) is scheduled to make its debut on South Korea’s main stock exchange, the KOSPI, on Tuesday after the company was spun off from local energy group SK Innovation Company.
StoreDot to conduct space battery research
StoreDot and the Israeli Electric Company (IEC) have been approved by NASA to conduct the first space-based research and development programme into new battery materials.
VinGroup closes SmartFast to focus on EV strategy
Vietnam’s largest private conglomerate, Vingroup, confirmed in a statement that it is shutting down its consumer electronics subsidiary VinSmart, as it looks to concentrate more resources on growing its electric vehicle business under the VinFast brand.
South Korean imports rise over 11% in April
Sales of imported light passenger vehicles in South Korea rose by 11.5% to 25,578 units in April 2021 from 22,945 units in the same month of last year, according to vehicle registration data released by the Korea Automobile Importers & Distributors Association (KAIDA).