Hungary will raise the maximum fine for serious environmental violations by large manufacturers to 5 billion forints (USD 16 million) under new measures to strengthen environmental oversight across industries, including EV battery manufacturing, recycling, and decommissioning. The changes come as...
Germany and Italy have long been closely linked in Europe’s aluminium extrusion trade. Italy remains a significant source of extruded aluminium for the German market, but the flow has changed considerably over the past few years. The latest numbers raise an interesting question: is Germany simply...
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According to a report, China has denounced Canada's proposed tariffs on Chinese aluminium, steel, and electric vehicles. A spokesperson for the Chinese Embassy in Canada said Canada's tariff plans reflect a typical act of trade protectionism and political dominance. The spokesperson cautioned that...
The Ohio-headquartered global leader in drivetrain and e-propulsion systems, Dana, has unveiled its 2023 Supplier Awards recipients. Eight companies across five countries were honoured for their outstanding contributions to Dana's strategic goals. Among the winners is India's Ramkrishna Forgings, a...
According to a recent report, the Canadian government is contemplating replicating the United States tariff plans on electric vehicles, aluminium, and steel imported from China. The news came on August 26 after the Toronto Star, a Canadian English-language broadsheet daily newspaper, reported about...
The management council of Guangyuan Economic Development Zone recently concluded an investing agreement with Deyang Tianhe Machinery Manufacturing Co., Ltd. for a new production project. The new project will be centred on manufacturing aluminium alloy auto parts with a targeted annual output of...
South Africa’s state-owned energy company Eskom Holdings SOC Ltd has reportedly launched electric vehicle (EV) charging infrastructure at the Eskom Academy of Learning (EAL) in Midrand as part of its long-term commitment to support the growth of the eMobility sector within South Africa and...
Alumobility, established in 2021, is a global collaborative network designed to promote the use of aluminium in the automotive industry. The ecosystem brings together leading aluminium producers—Constellium, Novelis, and Speira—with downstream technology partners and OEMs. "What we are trying to do...
As part of a bold move to protect local jobs and the North American auto industry, Ryan Williams, MP for the Bay of Quinte, Canada, will reportedly submit a motion in Parliament on August 21, 2024, questioning the Federal Government's stance on tariffs for electric vehicles imported from China. In...
The China-based world's largest EV maker, BYD, marked a significant milestone as the first customer delivery of its YANGWANG U9 electric supercar rolled off the production line. The company announced that deliveries of the U9 will commence shortly, setting a new benchmark in automotive production...
Aluminium, known for its lightweight, durability, and infinite recyclability, plays a crucial role in developing more efficient and sustainable vehicles. It is extensively used in both structural and propulsion components. With the introduction of the Green Mobility and Innovation (Mover) program,...
Aluminium Stewardship Initiative (ASI) on August 16 announced the certification of Triangle's – Cycling Equipments, S.A against the ASI Performance Standard V3 (2022). The company, known for manufacturing aluminium frames for electric bicycles, utilises various aluminium components, including...
Nigeria stands at a pivotal crossroads. The nation's auto spare parts sector, with an estimated annual revenue ranging from $500 million to $900 million, possesses the latent power to become a cornerstone of economic growth. Yet, this potential remains largely untapped, as local manufacturing is...
The Fédération Internationale de l'Automobile (FIA) has announced a new set of technical regulations for Formula 1 starting in 2026, marking a significant evolution in the sport's technical and environmental standards. These regulations are set to introduce some of the most stringent requirements...
China’s Baoshan Iron and Steel (Baosteel) and Baowu Aluminum have partnered with Japan’s Kobe Steel to form a new joint venture in a significant move within the automotive materials sector. This collaboration aims to produce aluminium sheets specifically for the automotive industry. The automotive...
In a rare joint statement, Catherine Cobden, President and CEO of the Canadian Steel Producers Association, and Jean Simard, President and CEO of the Aluminium Association of Canada, have raised concerns over the growing impact of Chinese overcapacity on Canadian markets. The two leaders...
The local court has ordered two units of China Evergrande New Energy Auto to enter bankruptcy and reorganisation proceedings. This decision comes after individual creditors of Evergrande New Energy Vehicle (Guangdong) and Evergrande Smart Automotive (Guangdong) filed for such proceedings last week....
Increasing investments and developments in China’s new energy vehicle sector are expected to boost aluminium consumption to nearly 10 million tonnes by 2030, compared to 2 million tonnes in 2023. This prediction follows the reported rise in China’s domestic production of new energy vehicles to...
LS Cable & Systems, a South Korea-based industrial corporation with global operations and one of the biggest cable manufacturers worldwide, has announced the commencement of construction on two new factories in Querétaro, Mexico. These facilities will focus on producing bus ducts—a modern...
Nandina REM, a Singapore-based startup, recently launched a recycling initiative to prevent decommissioned airliners from becoming mere junkyard hulks by reclaiming and repurposing their valuable materials. Nandina REM's visionary plan involves extracting high-quality aluminium and...
