The Road to 3.5 Million EVs: Toyota’s Key Alliance with LG Energy Solution

Key Signals in Automotive

Deals
Switch Mobility secures order for 70 buses from Stagecoach
The order includes 10 Switch Metrocity 9.5m electric buses for London’s Route W11 and 60 Slimline Solo 8.5m, Euro 6 certified buses from the Optare brand. Read More>>
BMW to use Allegro’s integrated circuits for its inverter systems
BMW picks Allegro MicroSystems as the sole supplier of integrated Current Sensor ICs for its EVs, enhancing motor control accuracy and range while improving safety and reliability. Read More>>
VDL wins long-term battery assembly order from BMW
VDL will assemble approximately 125,000 battery modules for BMW’s after-sales business until at least 2035. Read More>>

Partnerships
Toyota partners with LG Energy Solution on Battery Supply Agreement
This collaboration will ensure battery supply for Toyota’s U.S. EV offerings which will enable Toyota to support its goal of manufacturing 3.5 million EVs annually by 2030. Read More>>
Honda and Mitsubishi Partner for Electric Vehicles
Honda and Mitsubishi have signed an MoU to collaborate in the EV market, focusing on battery lifetime management, smart charging, and vehicle-to-grid energy management. Read More>>

Centre Setup and Expansion
Hero MotoCorp launches First Hero Premia Store In Kerala
The outlet spans 3,000 square feet and features interactive modules, cloud-based virtual configurators, and AR features for sales, services, and customer spaces. Read More>>
Suzuki Auto 3S Shop Relocates to A Better Location In Isabela
Suzuki Philippines relocates its Suzuki Auto 3S Shop in Isabela to a more accessible location in Cordon. This is an optimistic move and will benefit a more extensive customer base. Read More>>

Executive Movements
Priyanka Tanwar joins Hero MotoCorp as the Head of Corporate Affairs
Priyanka has held various positions in communications, corporate responsibility, and leadership facilitation in companies like Toilet Board Coalition, LIXIL, Snapdeal, and IBM. Read More>>
BMW China appoints Sean Green as President and CEO
He will be responsible for the local business and will coordinate BMW’s joint ventures in China, leveraging his over three decades of experience in the automotive industry. Read More>>

New Product Development and Product Launch
Kappa has launched a new range of equipment for the Honda Africa Twin
Kappa introduces a range of accessories for the Honda Africa Twin, including soft bags, windshields, and headlights to enhance the bike’s off-road capabilities. Read More>>

Latest Industry Insights from Draup Braindesk

Hyundai Mobis Account Intelligence Report

Electric Vehicle Components and Systems

Hyundai Mobis offers software solutions designed to enhance advanced parking control systems. This involves real-time data processing and predictive analytics, ensuring optimized parking experiences and improved safety.
Hyundai Mobis is at the forefront of advancing electric mobility, drawing from its expertise in EV components and systems while also exploring opportunities for battery system development.
The vision of Hyundai Mobis is to become a fully integrated mobility platform provider, with a strong focus on electrification, autonomy, and connectivity. This entails supporting the development of autonomous driving technologies and mobility solutions that can address global challenges and enhance the overall quality of life.
Leveraging its software capabilities, Hyundai Mobis is committed to transforming mobility experiences, with a particular emphasis on customer-centric software solutions that revolve around electrification, autonomy, and connectivity.

Innovative Technology & Lighting Technology

Hyundai Mobis is actively driving R&D initiatives in specific markets, capitalizing on its expertise in innovative technologies such as Trailer Reverse Assistance and biometric-based driver monitoring systems. These innovations hold the potential to bring about significant progress.
The company is also exploring the integration of its lighting technology expertise to optimize the HD Lighting System. This optimization aims to enhance the system’s ability to project real-time road signs, consequently increasing road safety, especially during nighttime driving.
Service providers with substantial expertise in these domains would find valuable opportunities in collaboration with Hyundai Mobis.

Key Funding Alert

Mitsubishi Motors Plans to Invest $132 Million in Renault’s New EV Unit, Ampere
Renault’s partnership with Mitsubishi Motors and Nissan aims to boost their electric vehicle market presence and market share. Read More>>

Startup Spotlight

Company – Stark
Total Funding – USD 80.66 Mn
About: Stark Future strives to reduce emissions and pollution by designing and building new technologies to help save the environment. Read More>>

Latest Reports Published in Draup

Volvo Account Intelligence Report
Volvo Trucks uses connected vehicle analytics to enhance fleet management, optimizing efficiency and productivity. Read More>>

Here’s what’s new on our Sales Intelligence Platform
Explore our new report view in Braindesk

Discover ideal candidates with AI-powered Profile Recommendations in Projects, reducing your search time and effort.
Dive into a refreshing report viewing experience with our revamped interface and user-friendly controls in Braindesk.

View All Updates

We are located at: *|HTML:LIST_ADDRESS_HTML|* *|END:IF|*

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

What you should do now

Request a Demo and see how Draup can maximize the impact of your go-to-market teams with AI-driven sales intelligence.
Read more free material about sales intelligence topics in our blog.
If you know someone who’d enjoy this page, share it with them via email, LinkedIn, Twitter, or Facebook.