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Upbeat financials and more tie-ups - the week

30 October 2020 | Dave Leggett

It's been a busy week for Q3 financial results and I am pleased to say that they were generally pretty positive. Cash positions look healthy after a bounce back in vehicle sales following the pandemic-induced lockdowns earlier in the year. Companies benefited in particular from higher sales in China and North America.


23 October 2020 | Matthew Beecham

Connected, Autonomous, Shared and Electric (CASE) mobility solutions need sensors. Lots of them. The rapidly changing landscape of advanced driver assistance systems (ADAS) as it mutates towards autonomous is putting LiDAR (Light Detection and Ranging) technology firmly in the spotlight. LiDAR is said to be the most important of the sensor suite that enables the different levels of driver autonomy. Continuing just-auto/AIC’s series of research snapshots, Matthew Beecham examines the whys and wherefores.

RESEARCH SNAPSHOT - Taking the long view on hydrogen vehicles

21 October 2020 | Matthew Beecham

Cast your mind back a decade or so ago and you’ll recall how hydrogen was among a number of promising alternative fuel candidates to replace petrol, compressed natural gas, bio-diesel and even battery-electric power. For a variety of reasons, however, demand for battery electric vehicles (BEVs) has gradually increased to the point where every carmaker is investing heavily in them. Continuing just-auto/AIC’s series of research snapshots, we take a look at how hydrogen can play a role as a viable fuel in the future across the automotive industry alongside BEVs.

Interior design and technology – Kia Soul

21 October 2020 | Matthew Beecham

The third generation Kia Soul is powered in Europe exclusively by electric energy. With a claimed combined range of 280 miles on a single charge, that’s a country mile improvement on the original Soul EV’s 132 miles and should relieve any symptoms of range anxiety. The longer range is due partly to the knowledge the Korean carmaker has gleaned from its e-Niro. Continuing just-auto/AIC’s review of interior design and technology trends, we take a closer look inside this quirky all-electric compact crossover.

Latest interviews

Pandemic gives a boost to micro EV maker

26 October 2020 | Matthew Beecham

Austin, Texas-based Ayro Inc, formerly known as AEV Technologies Inc, designs and makes small, short-haul electric vehicles (EVs) for urban markets. Its quirky low-speed trucks are used for a variety of niche applications, ranging from serving food on college campuses to moving equipment around hospitals, hotels and airports. In the wake of the pandemic, its custom-designed food trucks alone are attracting the attention of universities as they seek to reduce large canteen gatherings and restaurants to deliver takeaways. The company recently received $584,000 in orders for its electric mobile food vehicles. To learn more, Matthew Beecham caught up with Rod Keller, CEO at Ayro.

Harman on next level audio experiences

26 October 2020 | Matthew Beecham

Advances in car audio are accelerating rapidly to the point where it represents a major element of the cockpit. No longer restricted to a head unit and speaker system, today it encompasses entertainment, information, safety and increasingly sound management with more departments being involved in some or all parts of the audio system. Continuing just-auto/AIC’s series of interviews, Matthew Beecham spoke to Rajus Augustine, Senior Director Product Strategy & Planning, Car Audio SBU, Harman about a tool that it claims could help OEMs and suppliers to collaborate better and deliver solutions more efficiently.

Latest news

FREE TO READ - Global pandemic sector recovery briefing

30 October 2020 | Graeme Roberts

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.

LG Chem shareholders approve battery spin-off

30 October 2020 | editorial team

South Korean chemical group LG Chem Ltd has said its shareholders have approved a proposal put forward by the company in September to spin-off its battery business into a separate company.

Continental CEO to step down

30 October 2020 | Simon Warburton

Continental CEO, Elmar Degenhart is to resign from his position effective 30 November, 2020 for reasons of immediately essential preventive health care.

Cooper Tire posts Q3 net income of US$123m

30 October 2020 | Simon Warburton

Cooper Tire has reported third-quarter 2020 net income of US$123m compared to US$29m million for the same period last year.

BorgWarner Q3 net sales up 2% to US$2.5bn

30 October 2020 | Simon Warburton

BorgWarner has recorded third-quarter net sales up 2% to US$2.53bn as increased demand for the company’s products offset lower industry production volume.

Norma develops quick connector for battery vehicles

30 October 2020 | Simon Warburton

Norma Group has developed a new quick connector for battery-powered vehicles.

Gestamp records Q3 net profit of EUR28.4m

30 October 2020 | Simon Warburton

Gestamp has posted third-quarter net profit of EUR28.4m (US$33m), similar to Q3, 2019 despite higher FX impact and higher outflow of minority interests due to a better performance in those perimeters.

Freyr and Elkem ink Annode Active Materials MoU

30 October 2020 | Simon Warburton

Freyr and Elkem have signed an MoU for commercial supply of Anode Active Materials (AAM) to Freyr’s lithium-ion battery cell (LiB) facility being developed in Mo i Rana, Norway.

just-auto Plus only Nikola appoints Bruce Smith to board of directors

30 October 2020 | just-auto plus

Nikola Corporation announced that it has appointed Bruce Smith as a new independent director. Smith has more than 30 years of leadership experience in manufacturing operations,...

just-auto Plus only BorgWarner reports third quarter 2020 net sales

30 October 2020 | just-auto plus

BorgWarner Inc. reported third quarter results. Third Quarter Highlights: U.S. GAAP net sales of $2,534 million, up 2% compared with third quarter...

just-auto Plus only TRATON and Hino start e-mobility joint venture

30 October 2020 | just-auto plus

TRATON SE and Hino Motors, Ltd. have signed a joint venture agreement for e-mobility in order to plan and provide e-mobility products that will be based on the two companies’ strategic...

Plastic Omnium and ElringKlinger team on fuel cells

29 October 2020 | Simon Warburton

Plastic Omnium and ElringKlinger are creating EKPO Fuel Cell Technologies, a joint venture dedicated to fuel cell stack development, production and commercialisation.

Visteon Q3 net sales up 3% to US$747m

29 October 2020 | Simon Warburton

Visteon has recorded third-quarter net sales of US$747m, representing a year-over-year increase of 3% excluding the impact of currency.

Aptiv posts Q3 net income up 15% to US$283m

29 October 2020 | Simon Warburton

Aptiv has recorded third-quarter net income attributable to ordinary shareholders up 15% to US$283m, while revenue rose 3% to US$3.7bn

Knorr-Bremse DETC expands China capacity

29 October 2020 | Simon Warburton

Knorr-Bremse DETC Commercial Vehicle Braking Technology has held a groundbreaking ceremony at a 50,000 m2 site in Dongfeng Industrial Park, China, where a new plant is to replace the company’s three separate existing factories.

FEV develops EV mobile power bank

29 October 2020 | Simon Warburton

FEV has developed a mobile power bank for electric vehicles.

just-auto Plus only Porsche increases capacity for Cayenne plug-in hybrids

29 October 2020 | just-auto plus

Porsche has increased the capacity for the high-voltage battery in Cayenne plug-in hybrids. The gross capacity of the high-voltage battery is now 17.9 kWh rather than 14.1 kWh, which is...

just-auto Plus only Volkswagen launches My Volkswagen Connect

29 October 2020 | just-auto plus

Volkswagen India introduces its state-of-the-art connected car solution - My Volkswagen Connect. The interactive sim-based app is an impressive technology that effectively transform a...

just-auto Plus only Lydall announces third quarter 2020 results

29 October 2020 | just-auto plus

LYDALL, INC announced financial results for the third quarter ended September 30, 2020. FINANCIAL HIGHLIGHTS - Q3 2020 vs. Q3 2019 GAAP Financial Data Year to...

just-auto Plus only Electromobility: TUV Rheinland enters into testing of traction batteries

29 October 2020 | just-auto plus

multi-million investment in new test laboratory on the site of the German-Dutch Avantis industrial park / focus on regulatory and manufacturer-specific testing of traction batteries for battery...

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