In ramping up regional output to meet booming demand for EVs, Panasonic also aims to increase localized sourcing of battery materials, targeting a 50 percent local procure rate.
Valeo is developing a third generation of its lidar for debut in 2024 that promises a twelvefold increase in resolution, a tripling of range and a much wider viewing angle.
Toyota Group megasupplier Aisin is grappling with how and when to shift to a new lineup of electrified products. Profits made from today's internal-combustion vehicles will lead to investment in EV products.
Marelli's worries could mean supply problems for Nissan and Stellantis, and also reveal the bumpy road that sometimes awaits private equity firms in automotive.
Toyota Group steering supplier JTEKT is developing new technologies to thrive in the rapidly approaching EV age.