I-Bytes Automotive industry

IT Shades
Engage & Enable
I-Bytes
Automotive
September Edition 2020
Email us - solutions@itshades.com
Website : www.itshades.com

IT Shades
Engage & Enable
For any queries, Please write to marketing@itshades.com
About Us
Who We are Aim of this I-Byte Reasons to talk to us
ITShades.com has been founded with
singular aim of engaging and
enabling the best and brightest of
businesses, professionals and
students with opportunities,
learnings, best practices,
collaboration and innovation from IT
industry.
This document brings together a set
of latest data points and publicly
available information relevant for
Automotive Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
1. Publishing of your company’s solutions/
announcements in this document.
2. Subscribe to this and other periodic
publications i.e. I-Bytes, Solution Letters from
ITShades.com.
3. For placement of your company's click-able
logo and advertisements.
4. Feedback for us to improve the content and
format of these periodic publications.

IT Shades
Engage & Enable
Feel free to contact us at marketing@itshades.com for any queries
Sponsoring Companies for this Edition
LOGO 1 LOGO 2 LOGO 3
LOGO 4 LOGO 5

IT Shades
Engage & Enable
Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates..................................................................................................................................................3
3. Rewards and Recognition Updates...................................................................................................................15
4. Customer Success Updates................................................................................................................................18
5. Partnership Ecosystem Updates.......................................................................................................................21
6. Miscellaneous Updates......................................................................................................................................36

IT Shades
Engage & Enable
Financial, M & A
Updates Automotive Industry

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
Financial, M&A Updates
IT Shades
Engage & Enable
Volkswagen Group (Germany): ŠKODAAUTO invests 32 million euros in ENYAQ iV
production line at its Mladá Boleslav plant
ŠKODAAUTO has now completed the conversion of an existing production line at its main
factory in Mladá Boleslav for MEB vehicles, which has been in progress since last summer.
This work included structural changes to the building as well as modifications to the
conveyor technology and final assembly line. Investments made amount to 32 million euros.
It is now the only line in the entire Volkswagen Group on which vehicles based on the MEB
modular electric car platform and the MQB modular transverse matrix can be built alongside
one another. This means that the all-electric ŠKODA ENYAQ iV1, the OCTAVIA2 and the
KAROQ3 compact SUV all roll off the same production line at the Mladá Boleslav plant.
Preparations for the production line to build the first ŠKODA based on the MEB electric car
platform began last summer. Since then, some structural elements of the building as well as
technologies for transporting parts, for example, have been modified to cater for the weight
of all-electric vehicles and their assembled components. Furthermore, the final floor
assembly is automated following the conversion, and now includes the high-voltage traction
battery too. ŠKODA AUTO has installed auxiliary robots for handling the heavy battery
packs. The Czech car manufacturer also set up a larger workstation to adjust the head-up
displays. ŠKODA AUTO placed a special focus on safety during the conversion of the
production line, especially in terms of battery handling. The company has made
comprehensive fire-proofing provisions and installed thermal imaging cameras, for example.
These monitor the temperature in the factory hall around the clock and trigger an alarm if
they detect any abnormalities.
Executive Commentary
ŠKODAAUTO Board Member for Production and Logistics, stressed, “The conversion
of the ŠKODA ENYAQ iV production line in Mladá Boleslav, which was completed on
schedule, allows us to manufacture vehicles based on the MEB and MQB platforms in
parallel. This is a unique concept across the entire group. It enables us to produce
between 250 and 350 units of the ENYAQ iV per day at our main factory with total
flexibility. This means we can react to the respective market demand without delay
whilst ensuring that the line runs at full capacity at all times. Production of the new
flagship of our model range is set to start this year still.”
Description
1

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
Financial, M&A Updates
IT Shades
Engage & Enable
Toyota (Japan) Research Institute - Advanced Development to Form Woven Capital, an
$800 Million Global Investment Fund
Toyota Research Institute - Advanced Development, Inc. (TRI-AD)
announced that it will create Woven Capital, L.P. (Woven Capital), an $800
Million global growth-stage investment fund, to enhance the ability to
achieve its vision of "Mobility to Love, Safety to Live." On July 28, 2020,
TRI-AD announced that it will expand and strengthen its operations by
forming a new holding company called Woven Planet Holdings, Inc.
(Woven Planet), which will begin operations in January 2021. Woven
Capital will be part of the new Woven Planet Holdings Group, and it will
support the group by investing in growth-stage companies that are
developing innovative technologies and business models in areas such as
autonomous mobility, automation, artificial intelligence, machine learning,
data and analytics, connectivity, and smart cities. In addition to sourcing
deals from Toyota AI Ventures, Toyota's early-stage venture capital fund,
Woven Capital will also invest in other venture capital funds in order to
broaden and accelerate its global coverage.
Executive Commentary
"With diverse projects such as Arene*1, the Automated Mapping
Platform, and Woven City, the Woven Planet Holdings Group has set
ambitious goals for itself, and we will need a variety of partners and
technologies to achieve those goals," said CEO of TRI-AD. "Woven
Capital's investments will enable us to weave together a global portfolio
of partners and technologies that will deliver long-term value to our
customers, stakeholders, and society. Woven Capital will also enable us
to make growth-stage investments in companies in the Toyota AI
Ventures portfolio as they look to raise additional capital."
Description
2

IT Shades
Engage & Enable
Solutions Updates
Automotive Industry

Lorem
ipsum dolor sit
amet, consectetuer
adipiscing elit, sed diam
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Continental (Germany) Develops Sensor-based Digital Load Monitoring for Commercial
Vehicles
3
Solution Description
The technology company Continental has developed a high-performance and reliable On-Board Weighing System (OBWS) that records and displays the weight of
commercial vehicles, including trailers and semitrailers. Quick, easy, and independent from a stationary scale – before starting a trip. Further functions make it possible
to increase efficiency far beyond the specifications of EU Directive 2015/719, which will go into effect in May 2021. The directive requires EU Member States to
measure the gross vehicle weight of commercial vehicles more frequently. In order to plan accordingly and prevent sanctions, drivers and fleet operators must already
know the load condition of a vehicle before starting a trip. So far, this has been almost impossible and poses particular challenges for vehicles for which the semitrailer
is usually provided by the forwarder. In order to meet the new requirements, most EU countries are currently relying primarily on a comprehensive, stationary solution.
However, the On Board Weighing System offers added value that goes beyond the regulatory stipulations. “Even if the load is measured by sensors in the road in the
future, the integrated solution will remain interesting for forwarding agents, fleet managers and drivers,” says Marc Leinemann, who is a technical project manager at
Continental and involved in the development of the On Board Weighing System. Even before a truck drives off, fleet operators and drivers can check whether the weight
of the vehicle is within a safe range. Systems that determine the vehicle weight only after the start of the trip do not offer this advantage. If the weight can be determined
before a trip, vehicles can be loaded more efficiently and safely as well. This reduces empty runs. The data provided also makes preventive maintenance possible. In
addition, it can serve as a basis for new business models, for example with load-dependent transport tariffs.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Continental (Germany) launches microsite explaining the latest CO2 emissions regulations
& VECTO for fleet operators in the European Union
4
Continental, technology company and manufacturer of premium tires, has just launched a microsite containing useful information about the latest CO2 emissions
regulation for heavy goods vehicles and the simulation tool for trucks called VECTO – short for Vehicle Energy Consumption Calculation Tool. To combat climate
change in line with the Paris Agreement, the first carbon dioxide emissions regulations for new heavy-duty vehicles (HDV) were introduced by the European
Commission in 2019 (EU Regulation 2019/1242). These will mean cutting average CO2 emissions from new HDVs by 15 percent by 2025 and 30 percent by 2030
compared to the reference year July 2019 to June 2020. This regulation currently applies to 4x2 and 6x2 trucks with a gross vehicle weight over 16 metric tons, while a
future extension of the regulation is under consideration by the European Commission. To ensure the ambitious reduction targets are met, the Commission launched the
VECTO simulation tool. On its new website about the tool, Continental aims to provide fleet managers with comprehensive information about the new regulation and its
implications for them, given that tires significantly influence fuel consumption and by that the CO2 emissions generated by a vehicle.
The microsite contains the following material:
• Embedded videos: A video explaining how the VECTO simulation tool works and what exactly is calculated for the HDVs (also available on YouTube) as well as a
video about why industry and society need to act now
• Information about business effects for fleet operators, focusing on fuel efficiency and greater transparency with regard to the purchase of a truck
• Comprehensive infographic about the new regulation, with facts and figures on how the VECTO tool performs its calculations, which vehicles are affected, the potential
of tires to reduce fuel consumption and fleet operating costs, plus other parameters to reduce CO2 emissions

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Toyota and Honda (Japan) to Begin Demonstration Testing of a Mobile Power Generation /
Output System to Deliver a Secure Supply of Electricity in Times of Disaster
5
Toyota Motor Corporation (Toyota) and Honda R&D Co., Ltd. (Honda) will create a mobile power generation/output system, Moving e, that consists of a fuel cell bus
that can carry a large amount of hydrogen, portable external power output devices and portable batteries, and will begin demonstration testing of the system’s ability to
deliver electricity anytime and anywhere. When a power grid is damaged during a disaster such as typhoons and rainstorms, people suffer from an interruption in the
supply of power to their homes and evacuation centers. To address this issue, Toyota and Honda will bring technologies together to create a mobile power
generation/output system and conduct demonstration testing of delivering electricity to people. Taking advantage of its mobility, the Moving e can be utilized as a
“phase-free*” system which can be used in times of a disaster to support disaster response by supplying electricity in an affected area, as well as in normal times for
routine uses such as supplying power at an event. Through this demonstration testing, the two companies will confirm the actual needs of people and verify usability of
the system.
• The Moving e mobile power generation/output system will consist of:
• Toyota’s CHARGING STATION fuel cell bus
• Honda’s Power Exporter 9000 portable external power output device
• Two types of Honda’s portable batteries: LiB-AID E500 and Honda Mobile Power Pack (MPP)
• Honda Mobile Power Pack Charge & Supply Concept charger/ discharger for MPP

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
At ‘GAC Tech Day’, hydrogen fuel-cell technology takes the limelight, highlights GAC’s
scientific depth and technical capabilities
6
GAC Group unveiled its latest scientific and technological achievements, including two major platform technologies and three futuristic technologies. Powering current
innovations at GAC Group are the Global Platform Modular Architecture (GPMA) that incorporates traditional fuel power as well as the GAC Electric Platform (GEP) 2.0.
Building on these platforms, GAC Group announced three technological breakthroughs: the ADiGO 3.0 intelligent driving interconnected ecosystem, hydrogen fuel-cell vehicle
Aion LX Fuel Cell and 3DG graphene preparation technology, these leading technologies will enable GAC Group to achieve much more in the near future. At the event, GAC
unveiled its first hydrogen fuel-cell passenger car, the Aion LX Fuel Cell, attracting major industry observers and media due key benefits such as its fast charging times, long
battery life and zero pollution. Industry experts have lauded the advent of hydrogen fuel-cell vehicles, as it is expected to become a popular environmentally friendly solution
for vehicles with zero carbon emissions. GAC Group has prioritized climate conversation as a strategy and are focusing on hydrogen-based clean energy, known as the "ultimate
energy" of the 21st century. Hydrogen fuel-cell vehicles have become a forward-looking technology with promising development prospects. GAC Group has achieved an
industry-leading advantage in hydrogen fuel-cell technology through the launch of the Aion LX Fuel Cell. The hydrogen-based vehicle developed on the GEP 2.0 platform is
equipped with a hydrogen fuel-cell system independently developed also by GAC Group. GAC’s hydrogen fuel-cell vehicle has shown to solve several problems of current
renewable energy vehicles. Firstly, it only takes 3-5 minutes to recharge each time, which is shorter than the charging time of most electric vehicles. Secondly, the NEDC
operating range of this car exceeds 650KM, reaching international benchmarks. Thirdly, the car also solves the problem of ignition and operations in low-temperature weather:
at minus 30°C, a one-button cold start can be enabled sans an external heat source without affecting the cruising range. Most importantly, its emissions are only pure water, and
the filter element carried can filter 99% of the inhalable particulate matter, not only reducing pollution but also purifying the surrounding air.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Hyundai Motor (South Korea) Unveils Stylish Enhancements for KONA and Launches
Sporty All-New KONA N Line
7
Hyundai Motor Company today unveiled its newly enhanced KONA subcompact SUV and introduced the exciting all-new KONA N Line variant. Hyundai KONA—the 2019
North American Utility Vehicle of the Year—is back with a bold design update that retains the model’s winning personality. The B-SUV’s exterior design is upgraded with
various enhancements that make it even more appealing to customers who lead active lifestyles. At the same time, Hyundai is expanding its B-SUV lineup by launching the
sporty all-new KONA N Line. This attractive entry point to Hyundai’s high-performance N brand is distinguished by signature fascia, body color claddings and large rear spoiler
as well as N Line specific design accents. With the latest product enhancement, KONA will be available for the first time as an N Line version, combining fun to drive with a
sporty appearance. The KONA N Line stands out through its motorsports-inspired front and rear end, body color claddings, and diamond-cut wheel design. KONA N Line’s
front is characterized by the dynamic features of the front bumper, harmoniously connected and unified with the body color treatment of the wheel arch claddings. Instead of
the rugged skid plate of the new KONA, the N Line version features a characteristic N-style aerodynamic lip with low-lying corner fins for a road-hugging appearance. Larger,
more technical air intake features are further distinguished by a unique mesh design and surface treatment. On the sides, the body color claddings and new rocker panels are
complemented by the dedicated 18-inch alloy wheel design. KONA N Line’s rear design reinforces the model’s dynamic image. The rear bumper incorporates a large central
aerodynamic diffusor in a contrast color to the body as well as a one-side double muffler. The bumper fascia is formed with sharply creased corners and N-style fins for better
air flow. The interior is now available with a dedicated N Line color package in one-tone black with cloth, leather or suede seats. In addition, the distinctive red stitching, metal
pedals and N logo on the gear shift and seats all contribute to a sportier look and feel.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Creating quality time for families: Hyundai Motor (South Korea) develops soapbox ride
8
Hyundai Motor has designed the Hyundai Soapbox ride which parents can build together with their children and groups of friends can create. The soapbox was
developed by engineers and designers from the Hyundai Motor Europe Technical Center (HMETC) using affordable and easily available materials. Intended to
promote quality time for customers, families and friends, Hyundai has made the instructions available to download so the vehicle can be built at home. With
schools still closed in parts of Europe, and families spending more time together, Hyundai recognised the importance of spending quality time with one’s family
and wanted to come up with a project that would be fun for parents and children alike. As a mobility provider, this naturally involved something related to cars –
and thus the idea of the Hyundai Soapbox was born. The Hyundai Soapbox is a motor-less vehicle designed by Hyundai experts that is nonetheless fairly easy to
build. Designers and engineers at HMETC conceived the model in the company’s workshop and built a prototype to ensure the feasibility of the design. In order
to keep it accessible, the HMETC team was careful to only use materials which were readily available at an average hardware store. They also paid attention to the
total cost of materials to make sure the design stayed affordable. According to the responsible team, it was an interesting project for the Hyundai engineers and
designers. It gave them a chance to be creative on a different type of development than usual.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Michelin (France) expands its X® MULTI™ truck range
9
Michelin has extended its range of versatile X® MULTI™ truck tyres, which are particularly suited to medium-distance haulage, with the addition of a new size
(315/80-R22.5) for its X® MULTI™ Z and X® MULTI™ D ranges, plus the introduction of two new high load-capacity tyres: the X® MULTI™ HLZ and X®
MULTI™ HLT. The latter address a demand for additional load capacity for crane-equipped tractor units and tandem-axle trailers while at the same time delivering
all the advantages of the X® MULTI™ range’s hallmark versatility and durability. These benefits are now also available to users of 315/80-R22.5 tyres, a size
which accounts for a significant proportion of total demand. Meanwhile, the incorporation of Michelin’s latest patented technologies has resulted in substantial
distance-potential gains by permitting up to 30 percent (2) extra mileage.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Sumitomo Electric (Japan) Launches TYPE-72C+, the World's First AI-Programmed
High-Definition Core-Aligning Fusion Splicer
10
Sumitomo Electric Industries, Ltd. announces the release of the world's first*1 AI -programmed high-definition core-aligning fusion splicer, the TYPE-72C+.The
TYPE-72C+ offers improved splicing performance, reliability, and overall experience with our new features and technologies, while maintaining all of the
industry-leading features of its predecessor, the TYPE-72C, including its world-class*2 light and compact frame, quick splicing, and environmental durability. The
TYPE-72C+ is equipped with NanoTune™ technology, which greatly improves splicing efficiency and accuracy regardless of operational condition and user skill,
with the use of AI algorithms. The TYPE-72C+ drastically reduces the need of splice reworks caused by insufficient fiber preparation such as poor cleaving, thus
reducing overall costs. Its Preventive Maintenance feature enables users to be alerted of upcoming repairs or consumable replacement, thus reducing unexpected
downtime. SumiCloud™*3 supports this function with wireless LAN connectivity. The TYPE-72C+ can splice in 5 seconds in Quick Mode, and has an improved
heating time of 8 seconds. In addition to a variety of highly regarded functions inherited from its predecessor, such as the lightweight and compact design and
shock-proof, dust-proof, and drip-proof frame, the TYPE-72C+ saves power consumption by 7% with a newly employed heat-resistant material, thereby enabling
320 operation cycles on a full charge.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Sumitomo Electric (Japan) Succeeds in Mass Production of FLUOROCUIT™, Fluororesin-based Flexible Printed
Circuits That Demonstrate Excellent Transmission Characteristics in the Millimeter-Wave Band
11
Sumitomo Electric Industries, Ltd. has succeeded in mass production of FLUOROCUIT™, fluororesin-based flexible printed circuits (FPCs) that demonstrate a
high flexibility and low transmission loss in the millimeter-wave band, aiming at communications for 5G and beyond. In wireless communication, 5G mobile
communication has started to be used on a commercial basis. Currently, the sub-6 band (such as 3.5 and 4.7 GHz) is being used for 5G communication in various
parts of the world. To increase the transmission speed, it is expected that the frequency used will be increased to the millimeter-wave band (such as 26 GHz and
28 GHz). Furthermore, even higher frequencies in the millimeter-wave band will be used on a full scale, with the launch of 6G mobile communication and the
practical use of radars and sensors in mind. Against this backdrop, Sumitomo Electric has achieved mass production of flexible fluororesin-based FPCs, which are
characterized by a low transmission loss in the millimeter-wave band. Fluororesins are characterized by low permittivity and dielectric dissipation factor compared
to those of liquid crystal polymers (LCPs), which have started to be used for high-frequency circuits, thereby making it possible to further reduce the transmission
loss (approximately 40% in the 40 GHz band). The higher the frequency, the more markedly the characteristics are demonstrated. Due to these characteristics,
fluororesins have attracted much attention as circuit materials with excellent characteristics in the high-frequency band.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Tata Motors (India) launches the XM (S) variant of the Tata Nexon
12
Tata Motors, India’s leading automotive brand, announced the launch of the XM(S) variant of the Tata Nexon. In a bid to cater to the growing customer demand,
and to make premium features more accessible, the company is now offering the XM (S) variant with an Electric Sunroof at a starting price of INR 8.36 Lakhs
(ex-showroom Delhi), making it the most affordable vehicle across segments with this feature in India. Along with the Electric Sunroof, the XM(S) variant comes
loaded with features like Automatic Headlamps, Rain Sensing Wipers and Steering Mounted Controls. The variant also retains the existing features of the Nexon
XM, such as the Electronic Stability Program, LED DRLs with Projector Headlamps, Driver and Co-Driver Airbags, Hill Hold Control, ConnectNext Infotainment
System by Harman and Multi- Drive Modes (Eco, City and Sport). These along with a plethora of state-of-the-art features make this variant a compelling package.
Tata Motors Limited, a USD 44 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the
USD 110 billion Tata group, Tata Motors is India’s largest and one of the few OEM’s offering extensive range of integrated, smart and e-mobility solutions. It has
operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 134 subsidiaries, associate companies and joint
ventures, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Tata Motors (India) launches Harrier XT+
13
Tata Motors today announced the launch of the new XT+ variant of its flagship SUV – Harrier, at an introductory price of INR 16.99 Lakhs (Ex. Showroom Delhi). This
announcement comes a few months after the launch of the highly appreciated Harrier BS6 in February 2020. The introductory price is being offered to celebrate the
highly positive response received for Harrier BS6 from the market. With a month on month consistent growth, the Harrier has achieved its highest sales numbers in 15
months. This initial pricing will be valid for all customers who book the vehicle in September 2020 and take their deliveries by 31st December 2020. The prices will
increase from 1st October 2020 onwards.
The Harrier’s best-in-segment Panoramic Sunroof comes with the following unique functionalities
• Global Close- Automatic closure of the sunroof after parking for additional safety
• Anti- Pinch Feature- Extra safety for you & your loved ones
• Rain Sensing Closure- Added convenience during the unpredictable rainy season in India
• Rollover screen with Black coating on Glass: Ensures a serene in cabin experience when it’s too sunny outside.
The XT+ variant also comes equipped with a host of other features like the Kryotec 2.0 Diesel Engine, 6- Speed Manual Transmission, Projector Headlamps, Dual
Function LED DRLS, R17 Alloy Wheels, Floating Island 7” Touchscreen Infotainment system with 8 Speakers (4 Speakers + 4 Tweeters), Android Auto & Apple Car
Play connectivity, Push Button Start, Fully Automatic Temperature Control, Reverse parking Camera, Auto headlamps and Rain sensing Wipers to name a few. Keeping
in mind the safety of passengers, this variant offers Dual Front Airbags, an advanced ESP with 12 add on functionalities, Fog lamps & Reverse parking Camera as
standard features.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Toyota (Japan) Launches Used Vehicle Online Store in Japan
14
Toyota Motor Corporation (Toyota) announced the launch of its Toyota Used Vehicle Online Store, a service for customers to order used vehicles online in Japan.
The service provides everything customers need to complete the purchase of a used vehicle online, from quotation through to contracting, for select used vehicles
via Toyota dealers. The enhanced convenience for customers will make it possible to place orders anytime, 24 hours a day, 365 days a year, without the hassle of
visiting a dealership or store. In recent years, e-commerce has been advancing for all kinds of products and services, and consumer lifestyles are changing to use
these types of services. For automobiles, there is increasing demand to be able to purchase cars at anytime, especially by people who are too busy to visit a dealer
during regular daytime operating hours. Now, with the spread of COVID-19, an increasing number of people are requesting a way to purchase a car without
face-to-face negotiation. The service launched today is in response to these customer requests, making Toyota the first Japanese manufacturer to launch such a
service in conjunction with its dealers, in an effort to resolve impediments to car purchasing.

IT Shades
Engage & Enable
Rewards & Recognition

R & R Updates
IT Shades
Engage & Enable
In the extraordinary period, BAIC will be the hero of the "epidemic" war
15
China Automobile Corporate Social Responsibility and China's Automobile War "Pandemic" Heroes" event sponsored by "China Automobile News"
held an award ceremony in Beijing. The measures and achievements of BAIC Group in the process of epidemic prevention and fighting have been
recognized by the industry and experts and have been awarded the title of "Excellent Enterprise in Anti-epidemic Fighting". In the award ceremony of
"China's Auto Corporate Social Responsibility and China's Auto War "Pandemic" Heroes" awards ceremony, Beiqi Foton won the title of "Excellent
Fighting'Pandemic' Company", and Beijing Benz won the title of "Excellent Fighting'Pandemic' Project", Beijing Hyundai won the title of "Excellent
Fighting'Pandemic' Project", BAIC Changhe Model BAIC EV5 won the title of "Excellent Fighting'Pandemic' Product", BAIC New Energy won the
title of "Excellent Fighting'Pandemic' Action Enterprise", and Zhongdu Logistics won the title of "Excellent" "Anti-epidemic" Action Enterprise" title.
Since the beginning of the year, the new crown pneumonia epidemic has been raging, and China and the entire world are facing sudden challenges and
tests. As the backbone of China’s auto industry and the largest state-owned enterprise in Beijing, BAIC Group has actively participated in this battle
without gunpowder, and worked with the people across the country to go all out to overcome the difficulties and start the “anti-epidemic and stable
operation” double Line battle. In the first half of the year, BAIC Group’s main operating indicators were better than the broader market, and its market
share and industry position were further consolidated, which played an important role as a "ballast stone" for Beijing's economy.
R&R Description

R & R Updates
IT Shades
Engage & Enable
2020 Kia (South Korea) Soul Named One of the 10 Best Cars for Dog Lovers
16
The 2020 Kia Soul has been named to Autotrader’s 10 Best Cars for Dog Lovers list for 2020. In celebration of National Dog Day, the editors at Autotrader have announced
the list of winners to ensure pet parents are riding in vehicles that have the comfort, convenience and safety features that every family needs. Now in its seventh year,
Autotrader’s list of Best Cars for Dog Lovers focuses on vehicles that offer the best of what every dog owner needs. “To help new car buyers that are traveling with four-legged
friends, we’ve carefully curated a list of the best cars that offer great comfort and safety features while also making the lives of pet parents just a little easier,” said Brian Moody,
executive editor at Autotrader. With a suite of available Kia Drive Wise features including Forward Collision Avoidance, Driver Attention Warning and Smart Cruise Control,
Soul owners can feel safe and confident when they hit the road with the entire family. The Soul’s boxy silhouette continues to offer up a surprising amount of cargo and
passenger space, and a wider and lower rear liftgate opening improves ease of loading and unloading. For 2021, the Soul is even more dog-friendly with the addition of standard
Rear Occupant Alert, which uses ultrasonic sensors to detect and prevent passengers – pets included – from being left behind in the rear seats. Kia Drive Wise features are not
substitutes for safe driving, and may not detect all objects surrounding the vehicle. Always drive safely and use caution. Driver Attention Warning is not a substitute for safe
driving and may not detect all instances of driver fatigue or inattentive driving practices. Failure to pay attention to travel conditions and vehicle operation could result in loss
of vehicle control. Always drive safely and use caution. Rear Occupant Alert is not a substitute for one’s attention and may not detect all movement within the vehicle. Always
check the vehicle interior when exiting the vehicle.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Lear (USA) Wins 2 J.D. Power Seat Quality Awards, Sweeps Mass Market Car Categories
17
Lear Corporation, a global automotive technology leader in Seating and E-Systems, announced that it has received two J.D. Power 2020 U.S. Seat Quality and Satisfaction
StudySM awards, sweeping the mass market car categories. Lear also placed six seats in the top three across the seven product segments included in the study – more than any
other automotive supplier. Based on the annual J.D. Power Seat Quality and Satisfaction Study, the awards reflect the owners' experience with the quality, design and features
of the automotive seating system for models sold in the U.S.
Lear's seating systems won the following product segments:
• Mass Market Compact Car with the Chevrolet Sonic
• Mass Market Midsize/Large Car with the Chevrolet Impala (Oshawa Flex Line, Canada).
Lear also placed second in the mass market midsize/large category with the Ford Fusion and placed three other seats in the top three in the mass market compact SUV (Hyundai
Tucson (Ulsan 5 Plant, Korea), mass market truck/van (Chevrolet Silverado) and luxury SUV (Jaguar E-Pace). The J.D. Power 2020 U.S. Seat Quality and Satisfaction Study
is based on responses from 87,282 purchasers and lessees of new 2020 model-year vehicles who were surveyed after 90 days of ownership. The study was conducted from
February through May 2020. Seat quality is measured by the number of problems experienced per 100 vehicles during the first 90 days of ownership, with a lower score
reflecting higher quality.
R&R Description

IT Shades
Engage & Enable
Customer Success

Customer Success Updates
IT Shades
Engage & Enable
BorgWarner (USA) to Supply EGR Modules for FCA Mild Hybrids
18
BorgWarner supplies its exhaust gas recirculation (EGR) technology to the latest FireFly gasoline engine, which was developed for the Fiat 500 and Panda hybrid
models. The complete BorgWarner EGR module includes cooler and valve and is the company’s first gasoline EGR module to be used on mild-hybrid engine
technology for Fiat Chrysler Automobiles (FCA) in the EMEA (Europe, Middle East, Africa) region. Its compact package reduces weight and therefore lowers the
emissions of Fiat’s naturally aspirated 1.0-liter, three-cylinder engine. The technology is used to contain combustion temperatures and increase engine efficiency
by recirculating exhaust gas back into the intake air, delivering reduced brake specific fuel consumption (BSFC) and improved fuel economy, supporting industry
goals for cleaner-running hybrid applications. Moreover, it also reduces brake specific fuel consumption (BSFC) due to dethrottling within the part load area.
Featuring hybrid tube technology and materials, BorgWarner’s EGR coolers are proven to resist fatigue caused by the high temperatures in gasoline engines.
Additionally, the valve directly measures valve lift which increases the accuracy of EGR control. BorgWarner offers a broad range of versatile and multifunctional
EGR solutions for gasoline and diesel applications in the light- and commercial-vehicle markets. These solutions include individual components as well as
complete modules equipped with valves and coolers for high- and low-pressure EGR systems.
Description

IT Shades
Engage & Enable
General Motors (USA) and Ventec Life Systems Complete Delivery of 30,000 V+Pro
Critical Care Ventilators
19
The team General Motors and Ventec Life Systems assembled to help fight the COVID-19 pandemic delivered its 30,000th V+Pro critical care ventilator to the
U.S. Department of Health and Human Services yesterday, the companies announced. At the start of the COVID-19 pandemic, GM and Ventec collaborated to
rapidly scale up production of critical care ventilators. In one month, the teams went from an introductory phone call to delivering life-saving technology to
frontline medical heroes. The full federal order was completed in just 154 days, with one ventilator completed about every seven minutes. With shipment, GM has
formally turned over operational control of the company's Kokomo ventilator manufacturing operation to Ventec. Ventec will produce VOCSN multi-function
critical care ventilators in Kokomo, as well as in Bothell, Washington in response to ongoing demand during the pandemic. Ventec's monthly ventilator production
increased 80 times during the pandemic. The unique collaboration between Ventec and GM to build V+Pro critical care ventilators began with conference calls
initiated by stopthespread.org on March 17 and 18. The first units were delivered to Franciscan Health Olympia Fields in Olympia Fields, Illinois and Weiss
Memorial Hospital in Chicago. A third shipment was delivered by UPS to the Gary/Chicago International Airport on April 18 for distribution to other locations
where the need was greatest.
Description

IT Shades
Engage & Enable
NIO (China) Delivered 3,965 Vehicles in August, A New Record High
20
NIO provided its August 2020 delivery update. NIO delivered 3,965 vehicles in August, representing a strong 104.1% year-over-year growth and achieving another
monthly delivery record. The deliveries consisted of 1,125 ES8s, rebounding to four-digit delivery performance with a 670.5% year-over-year increase and a
growing market demand, 2,840 ES6s, representing a month-over-month increase for two consecutive months and a 58% year-over-year growth. NIO delivered
21,667 vehicles in 2020 in total. The order intake continues to grow while the production capacity across the supply chain has been improved. NIO has opened 151
stores in 91 cities in China, including 22 NIO Houses and 129 NIO Spaces. In addition, NIO has also deployed 145 power swap stations and will further ramp up
our power swap network coverage.
Description

IT Shades
Engage & Enable
Partner Ecosystem

Partner Ecosystem Updates
IT Shades
Engage & Enable
BorgWarner (USA) Expands Collaboration with Startup Ecosystem Plug and Play
21
BorgWarner announced its next venture with Plug and Play, a global innovation platform and accelerator ecosystem for startup companies, by
becoming a partner of its newly planned incubator location in Detroit. Developed through a collaboration between Plug and Play and the
Michigan Minority Supplier Development Council (MMSDC), Plug and Play Detroit will supply many startup companies with resources,
guidance and financing through its global innovation platform in an effort to achieve technical advancements faster than ever before. Joining
forces with Plug and Play in Detroit – in addition to its existing cooperation with Plug and Play in Silicon Valley – directly connects
BorgWarner to a host of smart, innovative future collaborators. Plug and Play matches exceptional startup companies with relevant companies
and investors for three-month programs. Thousands of companies compete to earn a spot in Plug and Play’s accelerator programs each year
and approximately 20 startups are accepted per location. The Michigan Minority Supplier Development Council (MMSDC) initiative,
AmplifyD, will run similarly, but with an emphasis on women and minority entrepreneurs. This focus aligns with BorgWarner’s drive to
cultivate a culture of diversity, excellence, collaboration and integrity.
Description

IT Shades
Engage & Enable
BorgWarner (USA) VTG Turbochargers to Boost Large Number of Global OEM’s Vehicles
22
BorgWarner reinforces its global leadership role in clean and efficient propulsion solutions: The company has announced the supply of its
state-of-the-art variable turbine geometry (VTG) turbocharger to a global OEM for numerous vehicle models. The VTG turbocharger offers
benefits for modern hybrid and combustion engines such as improved power output, reduced emissions and higher temperature capabilities. This
new contract expands BorgWarner’s existing business operations with the OEM, further broadening the scope of technologies it is supplying to an
array of vehicle programs. BorgWarner’s new VTG turbochargers are being built for the OEM’s 1.0-liter gasoline engines and are capable of
supplying required boost pressures while reducing emissions at the same time. The company’s latest solution is able to withstand exhaust gas
temperatures of up to 980 degrees Celsius and allows reliable operation under the toughest conditions. Additionally, BorgWarner’s advanced
technology enables excellent response time at very low rpm, smooth power delivery and enhanced fuel efficiency. The latest VTG turbochargers
can be applied to modern gasoline engines, including promising engine concepts that use the Miller cycle to increase engine efficiency. In fact,
VTG turbocharging technology is an optimum system for this type of cycle and highly effective for combustion and hybrid vehicles. Moreover,
the technology supports the shift from diesel to gasoline powered engines.
Description

IT Shades
Engage & Enable
Bridgestone (Japan) brings its revolutionary ENLITEN Technology to long-term partner
Volkswagen and its new Golf 8
23
Bridgestone, a leader in advanced solutions and sustainable mobility, has announced that its innovative, lightweight ENLITEN Technology is available on the
Turanza Eco tyres specifically designed for Volkswagen’s new Golf 8, the eighth generation of the iconic hatchback – this time with a host of cutting-edge
technologies built-in. These include a semi-autonomous mode that allows the car to drive itself and a new suspension technology improving its handling and
driving dynamics. The custom-designed Turanza Eco tyres with ENLITEN Technology have been designed to enhance the Golf 8’s upgraded driving dynamics.
Enabling a super low rolling resistance for excellent fuel efficiency, requiring less raw materials to be produced and engineered to maximise wet and wear
performance, tyres with Bridgestone’s ENLITEN Technology offer significant environmental benefits while also improving vehicle handling and driving dynamics
through lowered rotating mass to help increase driving pleasure. While developing its new Golf 8, Volkswagen required a tyre that offered a super low rolling
resistance without comprising other performance areas. Bridgestone, Volkswagen’s long-term partner, answered that brief with custom-developed Turanza Eco
tyres with ENLITEN Technology which achieve a best-in-class EU label A-grade in rolling resistance, and much more. One of the standout features of this
custom-engineered tyre is the improved vehicle handling it enables. This is thanks to the synergy between the unique materials used to create ENLITEN
Technology and a new mixing process that has enhanced the technology’s compound wear performance, without compromising on grip. Combined with a cavity
and full 3D pattern design that maximises wet and wear performance, this ensures that the Turanza Eco tyres with ENLITEN Technology provide a wet grip
performance that achieves an EU label B-grade with no compromise on wear performance. These design and development considerations unite to enhance the
Volkswagen Golf 8’s handling and, consequently, the pleasure of driving it.
Description

IT Shades
Engage & Enable
National Express electrifies in Coventry with 10 BYD (China) ADL Enviro400EV double
deckers
24
Alexander Dennis Limited (ADL) and BYD Europe jointly announced that their electric vehicle partnership, the UK's leading electric bus producer, has supplied
10 electric double deck buses to National Express for operation in Coventry, as part of a wider investment in 29 zero emission BYD ADL Enviro400EV. ADL is a
subsidiary of leading independent global bus manufacturer NFI Group Inc. (NFI), while BYD is a global leader in batteries, energy management and electric
mobility. The batteries on the vehicle and charging infrastructure will be maintained by Zenobe Energy, one the UK's largest owner-operators of mobile and
stationary batteries. Following the operator's pledge to never buy another diesel bus, ADL has supplied another 10 zero emission double deck buses to British
transport group National Express. The latest clean buses have entered service in Coventry, linking the city centre and University Hospital. Built to National
Express's Platinum standard, the 10.9m long BYD ADL Enviro400EV offer extra legroom for up to 65 seated passengers as well as USB chargers and free wi-fi.
An advanced heat pump system ensures that saloon heating power is supplied efficiently from the main batteries without unduly impacting operational range. To
simplify the transition to electric buses for National Express, the 382kWh BYD Iron-Phosphate batteries on each vehicle are maintained by Zenobe Energy, who
provides them to the operator along with the charging system at the depot and a software platform which helps monitor and optimise energy use.
Description

IT Shades
Engage & Enable
BMZ and Continental (Germany) are making a rubber supply chain digitally traceable for
the first time
25
For the first time ever, the German Federal Ministry of Economic Cooperation and Development (BMZ) and technology company Continental are making a rubber
supply chain seamlessly electronically traceable – from cultivation in Indonesia and further processing through to tire production. Continental is collaborating with
the German development cooperation specifically in the Indonesian province of West Kalimantan in Borneo. The Kapuas Hulu district has two national parks with
extensive natural forests, designated a UNESCO biosphere reserve. The project partners document all steps in the supply chain with a digital traceability system.
The 450 small farmers involved so far achieve significantly higher sales prices than usual for the high-quality natural rubber they produce. This is due to the fact
that they are trained in sustainable cultivation and with better technology, such as how the trees need to be cut in order to obtain as much rubber as possible. The
small farmers thus significantly increase their surface yields and can use the trees for longer. The digital traceability system allows the production and supply chain
of the rubber to be evaluated in detail. The production areas mapped by GPS, the raw rubber deliveries and sales prices achieved are documented in the system
directly on delivery in the warehouse. In addition, the system checks the raw rubber quantity delivered with regard to the production area. If the delivered quantity
exceeds the expected production volume, the system indicates this. In this way, employees can prevent rubber from entering the supply chain from non-registered
areas, e.g. illegally deforested areas.
Description

IT Shades
Engage & Enable
Guangdong Yitao Air Shock Absorption Technology Company was established
26
Dongfeng (Shiyan) Chassis Parts Co., Ltd. and Guangzhou Yitao Qianchao Shock Absorption Technology Co., Ltd. held a joint venture cooperation signing
ceremony in Shiyan. The two companies jointly inject capital to establish a new company-Guangdong Yitao Air Shock Absorption Technology Co., Ltd. The new
company is located in Yunfu City, Guangdong Province, with an annual production capacity of 2 million sets (pieces) of air spring assemblies. Dongfeng assistant
general manager, Dongfeng Industrial Co., Ltd., chairman, Yunfu City, Guangdong Industry and Information Technology Bureau Party Secretary, Yunfu New Party
Working Committee, the CMC, Guangzhou Yi-tao influx of money damping technology, chairman and general manager of the company, general manager of
Dongfeng Industrial Co., Ltd., and, secretary of the party committee, attended the signing ceremony. Assistant General Manager of Dongfeng Industrial Company,
General Manager and Secretary of the Party Committee of Dongfeng (Shiyan) Chassis Parts Company, delivered a speech and signed the contract. The newly
established Guangdong Yitao Air Shock Absorption Technology Co., Ltd. is located in Yunfu City, Guangdong Province. The new company has a registered
investment of 20 million yuan. According to the plan, the joint venture company will use the Guangzhou Yitao Xianyunfu plant as a research and development and
manufacturing base. With the help of Dongfeng (Shiyan) Chassis Parts Co., Ltd.'s marketing channels, technical and management capabilities , the joint venture
will integrate the advantageous resources of both parties to form seats, bodies, and chassis. Air spring design and development, manufacturing, testing, test and
verification capabilities. The new company has an annual production capacity of 2 million sets (only) of air spring assemblies. At present, the two parties have
jointly developed markets such as Dongfeng Liuzhou Automobile and Dongfeng Lear.
Description

IT Shades
Engage & Enable
Honda (Japan) and General Motors Sign MoU Toward Establishing a Strategic Alliance in
North America
27
General Motors and Honda announced they have signed a non-binding memorandum of understanding following extensive preliminary discussions toward
establishing a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under each company's distinct
brands, as well as cooperation in purchasing, research and development, and connected services. Under the proposed alliance, Honda and GM would
collaborate on a variety of segments in North America, intending to share common vehicle platforms, including both electrified and internal combustion
propulsion systems that align with the vehicle platforms. Co-development planning discussions will begin immediately, with engineering work beginning in
early 2021. The announcement builds on the agreement signed between the companies in April to jointly develop two all-new electric vehicles for Honda
based on GM's highly flexible global EV platform powered by Ultium batteries. The GM-Honda relationship, which began more than two decades ago,
includes recent collaboration between the companies on fuel cells, batteries and the Cruise Origin shared autonomous vehicle. An alliance in North America
between Honda and GM would leverage the best technologies and generate substantial cost efficiencies from shared vehicle platforms and propulsion
systems, joint purchasing, potential manufacturing efficiencies and other collaboration efforts. This would enable both GM and Honda to make greater
investments in advanced and next-generation technologies.
Description

IT Shades
Engage & Enable
Nikola And General Motors (USA) Form Strategic Partnership; Nikola Badger To Be Engineered
And Manufactured By General Motors
28
Nikola Corporation and General Motors Co. announced a strategic partnership that begins with the Nikola Badger and carries cost reductions
through Nikola's programs, including Nikola Badger, Nikola Tre, Nikola One, Nikola Two and NZT. As part of the agreement, Nikola will utilize
General Motors' Ultium battery system and Hydrotec fuel cell technology, representing a key commercialization milestone for General Motors.
Nikola will exchange $2 billion in newly issued common stock for the in-kind services and access to General Motors' global safety-tested and
validated parts and components. General Motors will be subject to a staged lock-up provision beginning in one year and ending in June 2025.
General Motors will engineer, homologate, validate and manufacture the Nikola Badger battery electric and fuel cell versions. The agreement with
Nikola extends General Motors' utilization of its fuel cell technology to the Class 7/8 semi-truck market and represents a high-volume
commercialization of its leading Hydrotec fuel cell system and complements the company's battery-electric propulsion. Fuel cells will become
increasingly important to the semi-truck market because they are more efficient than gas or diesel. General Motors sees additional growth
opportunities in multiple transportation, stationary and mobile-power end markets.
Description

IT Shades
Engage & Enable
General Motors (USA) Helps Drivers on Uber’s Platform Switch to Electric
29
General Motors is teaming up with Uber to help accelerate the rideshare industry’s transition to an all-electric, zero-emissions future by offering
drivers on Uber’s platform special pricing on the purchase of a new electric vehicle and charging accessories. For current eligible drivers1 on the
Uber platform in the United States and Canada, GM will extend the same discount it offers its employees on the purchase of a new 2020 Chevrolet
Bolt EV. U.S. drivers will also have access to 20 percent below MSRP on Bolt EV accessories, including at-home charging equipment. Starting in
Los Angeles and Denver, well-qualified drivers with Uber Diamond-tier status will also be eligible for special financing through a pilot program
with GM Financial. The Chevrolet Bolt EV has benefited rideshare drivers for years. GM data suggests rideshare drivers can experience
significantly lower maintenance costs when using a Bolt EV compared to traditional gas-powered vehicles. Drivers also cite in-vehicle technology
and the spacious interior as benefits.
Description

IT Shades
Engage & Enable
Honda and General Motors (USA) Sign MoU Toward Establishing a Strategic Alliance in North
America
30
General Motors and Honda announced they have signed a non-binding memorandum of understanding following extensive preliminary discussions toward
establishing a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under each company’s distinct
brands, as well as cooperation in purchasing, research and development, and connected services. Under the proposed alliance, Honda and GM would collaborate
on a variety of segments in North America, intending to share common vehicle platforms, including both electrified and internal combustion propulsion systems
that align with the vehicle platforms. Co-development planning discussions will begin immediately, with engineering work beginning in early 2021. The
announcement builds on the agreement signed between the companies in April to jointly develop two all-new electric vehicles for Honda based on GM’s highly
flexible global EV platform powered by Ultium batteries. The GM-Honda relationship, which began more than two decades ago, includes recent collaboration
between the companies on fuel cells, batteries and the Cruise Origin shared autonomous vehicle. An alliance in North America between Honda and GM would
leverage the best technologies and generate substantial cost efficiencies from shared vehicle platforms and propulsion systems, joint purchasing, potential
manufacturing efficiencies and other collaboration efforts. This would enable both GM and Honda to make greater investments in advanced and next-generation
technologies.
Description

IT Shades
Engage & Enable
Hyundai Motor Group (South Korea), SK Innovation to Collaborate on Development of EV
Battery Industry Ecosystem
31
Hyundai Motor Group and SK Innovation Co. have agreed to cooperate in the development of a sustainable ecosystem for electric vehicle (EV) batteries that are
key to the future mobility industry. The two parties announced today their plan to cooperate in diverse business areas related to the EV battery industry, including
battery sales solutions, battery management service and battery reuse and recycling. The collaboration stems from the companies’ shared need to create a battery
value chain and strengthen eco-friendliness in business operations covering the entire lifecycle of EV batteries. Unlike existing cooperation schemes between
mobility companies and battery companies that tended to center on battery supply, the Hyundai-SK cooperation aims for a virtuous cycle of battery usage known
as the Battery as a Service (BaaS), which includes lease or rental service. As a result, the cooperation is expected to catalyse the spread of diverse cooperation
systems between mobility and battery companies. Through this partnership, the two parties aim to strengthen the stability of the battery supply chain and create a
virtuous cycle of resources from recycling to production; reduce carbon emissions; encourage optimal design that connects EVs and battery reuse, and create
synergies by maximizing added value through the optimal design of batteries. To enable cooperation, both sides are focusing on the initial process of collecting
and verifying the battery pack of Kia Motors’ Niro EV model. In particular, the two companies will seek solutions that can maximize value and eco-friendliness of
EV batteries, including reuse of batteries that are no longer useable in vehicles in diverse applications such as the Energy Storage Systems (ESS); and battery
recycling that extracts economically valuable metals such as lithium, nickel and cobalt.
Description

IT Shades
Engage & Enable
Hyundai Motor Group (South Korea), SK Innovation to Collaborate on Development of EV
Battery Industry Ecosystem
32
Hyundai Motor Group and SK Innovation Co. have agreed to cooperate in the development of a sustainable ecosystem for electric vehicle (EV) batteries that are key to the future
mobility industry. The two parties announced today their plan to cooperate in diverse business areas related to the EV battery industry, including battery sales solutions, battery
management service and battery reuse and recycling. The collaboration stems from the companies’ shared need to create a battery value chain and strengthen eco-friendliness in
business operations covering the entire lifecycle of EV batteries. Unlike existing cooperation schemes between mobility companies and battery companies that tended to center on
battery supply, the Hyundai-SK cooperation aims for a virtuous cycle of battery usage known as the Battery as a Service (BaaS), which includes lease or rental service. As a result, the
cooperation is expected to catalyse the spread of diverse cooperation systems between mobility and battery companies. Through this partnership, the two parties aim to strengthen the
stability of the battery supply chain and create a virtuous cycle of resources from recycling to production; reduce carbon emissions; encourage optimal design that connects EVs and
battery reuse, and create synergies by maximizing added value through the optimal design of batteries. To enable cooperation, both sides are focusing on the initial process of collecting
and verifying the battery pack of Kia Motors’ Niro EV model. In particular, the two companies will seek solutions that can maximize value and eco-friendliness of EV batteries,
including reuse of batteries that are no longer useable in vehicles in diverse applications such as the Energy Storage Systems (ESS); and battery recycling that extracts economically
valuable metals such as lithium, nickel and cobalt. These innovations are expected to enhance the value and competitiveness of the battery recycling industry, which will buttress the
future EV era. Furthermore, Hyundai Motor Group and SK Innovation plan to synergize their respective affiliates’ business infrastructures and capabilities spanning diverse industries,
thereby strengthening their battery competitiveness and expanding the growth of related sectors.
Description

IT Shades
Engage & Enable
Magna (Canada) Deepens Partnership with Honglizhixin to Bolster Seating Capabilities in
China
33
Magna has signed an agreement to acquire majority ownership of Honglizhixin (HLZX), a leading seat supplier to Chinese automakers. The acquisition will
expand Magna’s seating capabilities across China. At the same time Magna will acquire a majority stake in its existing seating joint venture with HLZX. The
two companies currently operate a 50/50 joint venture formed in 2015. Magna’s strong relationship with HLZX over the years has enabled agreements to
deepen the partnership. Magna has signed a Shareholder Agreement and Share Purchase Agreement and intends to finalize the deals by the beginning of
2021, signaling a strong commitment to the China market. The current Magna-HLZX JV includes two manufacturing plants. Under the new ownership
agreement, 10 plants will be added to Magna’s manufacturing footprint, adding critical mass and scale to the company’s seating operations in China. The
majority of HLZX’s plants are also vertically integrated with just-in-time seat assembly and delivery, structures, foam, and trim capabilities that enable an
optimal sourcing solution for automakers versus sourcing from multiple suppliers. Magna’s seating business, recognized by automakers and consumers for
its innovation and quality, includes six R&D centers and 66 manufacturing operations around the globe.
Description

IT Shades
Engage & Enable
Volkswagen (Germany) extends cooperation with independent Sustainability Council
34
The Volkswagen Group is extending cooperation with its independent Sustainability Council for a further two years. Volkswagen is thus continuing to
vigorously pursue its sustainability targets with the focus on becoming carbon neutral by 2050. The international Volkswagen Sustainability Council was set
up in 2016 to support the Group with regard to strategic issues relating to sustainability and social responsibility. The body, which now comprises nine
members, acts independently and contributes to the decision-making process with extensive rights for the purposes of exchanging information, consultation
and initiating actions. One item on the agenda of the intensified dialog between Volkswagen and the Sustainability Council is the CEO Alliance for Reform,
Resilience and Recovery (R3) jointly launched by Herbert Diess and the Council; R3 provides support for the EU Green Deal, aspects of corporate
governance and integrity, employment in times of progressive digitalization and e-mobility, as well as sustainable actions in international markets. In
addition, the Volkswagen Sustainability Council initiated several projects in recent years also open to stakeholders and the public. These include a research
project on climate-aware transport policy with partners such as the Potsdam Institute for Climate Impact Research (PIK), and a long-term study with
Fraunhofer IAO on the effects of digitalization and e-mobility on employment.
Description

IT Shades
Engage & Enable
E-mobility forerunner Volkswagen (Germany) ensures greater transparency in procurement
of battery raw materials
35
The Volkswagen Group is ensuring greater transparency and responsibility in its raw material supply chains for batteries. To that end, the company has
entered a strategic partnership with RCS Global, an agency specializing in supply chain analysis. The focus is on auditing suppliers for conformance with
human rights, safe working conditions and environmental protection along the supply chain all the way back to the mines. The Group introduced a
sustainability rating for direct suppliers one year ago, and a comprehensive system developed by RCS Global now also tracks adherence to sustainability
criteria at sub-suppliers, refineries, smelters, mines and recyclers. New guidelines for improvements issued to suppliers make an active contribution to
achieving improvements when risks and shortcomings are identified. Serious audit violations may even lead to the disqualification of suppliers from the
supply chain. That applies, for example, to small-scale mining operators when child labor cannot be ruled out. The approach builds on the Due Diligence
Guidelines of the Organization for Economic Co-operation and Development (OECD). Under the cooperation with RCS Global it has already been possible
to identify 134 sub-suppliers and 18 mines in the Volkswagen Group’s battery supply chains, and the majority have already been audited. The expanded
partnership has also enabled the development of due diligence measures for each type of relevant raw material by means of a comprehensive management
system, despite the large number of companies in the supply chains.
Description

IT Shades
Engage & Enable
Miscellaneous

Miscellaneous Updates
IT Shades
Engage & Enable
BYD (China) Starts Operations at its Lithium Iron Phosphate Battery Factory in Brazil
36
Global clean energy giant BYD recently began operations at its third plant in Brazil, which is also the South American country's very first factory for lithium iron
phosphate batteries, at the Manaus Industrial Zone (PIM). The manufacturing plant, located in the northern state of Amazonas, is dedicated to the production of lithium
iron phosphate (LiFePO4) batteries, and is primarily focused on installing these onto electric bus chassis. With an initial investment of R$15 million (USD 2.7 million),
the factory, covering 5,000 square meters, will foster the electric mobility market in Brazil and allow for future expansions if necessary. BYD is a pioneer in bringing
fleets of electric buses to Brazil. In addition to being non-polluting, electric buses are significantly more economical, with lower operating costs than conventional diesel
buses. In comparison with diesel, the cost of electricity is equivalent to just 25% of refueling a diesel vehicle. In addition, the reduced number of parts in a 100% electric
vehicle dramatically reduces the need for maintenance, providing greater vehicle availability compared to conventional combustion-powered transport. In Brazil, BYD
opened its first plant in 2015 that produced electric bus chassis, as well as selling electric vehicles and forklifts in Campinas, also located in São Paulo state. In April
2017, it inaugurated its second plant for photovoltaic modules, consolidating itself as one of the leaders of this important market in Brazil. BYD is also responsible for
two SkyRail (monorail) projects in the country: In Salvador, with the cross-sea “VLT do Subúrbio”, and in the city of São Paulo, with the “Line 17 – Gold Line”. In 2020,
BYD opened its third manufacturing plant in the country in Manaus, specifically for lithium iron phosphate batteries. BYD Brazil has 365 employees in the cities of
Campinas, São Paulo, Salvador, Manaus, Vitória, Curitiba and Rio de Janeiro.
Description

Miscellaneous Updates
IT Shades
Engage & Enable
Mitsubishi Motors (Japan) Opens New Headquarter Showroom "MI-Playground" on
September 1, 2020
37
MITSUBISHI MOTORS CORPORATION (MMC) announced that it will open its new headquarter showroom, also known as "MI-Playground"
(pronounced "My Playground"), near its headquarters in Tamachi, Tokyo, on September 1, 2020. Working in concert with its global brand message
"Drive your Ambition," MITSUBISHI MOTORS is committed to making vehicles that answer the needs of customers who want to expand their area
of experience and take on new challenges. The new headquarter showroom serves as a field of interaction and inspiration that presents MITSUBISHI
brand's identity, culture and technologies. The facility is set to bring visitors an enjoyable experience to test the latest MITSUBISHI models and feel
closer to the brand. The overall design honors the brand history and presents a clean and modern design with the brand's corporate colors, white and
black, which are used as base colors and accentuated with wood pattern to provide a sense of warmth and familiarity. The latest MITSUBISHI models
will be on display at the spacious and clean showroom area on the ground floor, where visitors can get hands-on experience with these models. Concept
car displays and workshops are planned in the future.
Description

IT Shades
Engage & Enable
Feel free to contact us at marketing@itshades.com for any queries
Follow us on social media by clickling below:
www.twitter.com/it_shades
w w w . y o u t u b e . c o m / c h a n n e l / U C m f V P K O Q 2 I M E Q Q W 2 5 P 4 - I h Q
http://www.linkedin.com/in/it-shades-83051b117/
http://www.instagram.com/itshades1
http://www.facebook.com/ITShades-1184984251622300/
Thankyou for reading our I-Byte.
Please feel free to subscribe to other documents by signing up on
www.itshades.com

I-Bytes Automotive industry

Recommended

Recommended

More Related Content

What's hot

What's hot (20)

Similar to I-Bytes Automotive industry

Similar to I-Bytes Automotive industry (20)

More from EGBG Services

More from EGBG Services (20)

Recently uploaded

Recently uploaded (20)

I-Bytes Automotive industry