Market News

Recent Development:

Battery recycling is becoming an important long term electric market requirement. By 2025, the global stockpile of spent electric vehicle batteries is anticipated to reach 3.4 million. BASF has in-house recycling know-how and patented innovative steps for battery recycling.

For the consumer electronics show 2023 in Las vegas, the automotive supplier faurecia, a FORVIA group company, is unveiling a new approach to the design and manufacture a automotive seats. Faurecia presenting a modular and sustainable seats.

The acquisition of Eagle Ottawa is another important step in strengthening our core seating business, expanding our component capabilities and accelerating profitable sales growth, “said Matt Simoncini, Lear’s president and CEO.

Dow is showcasing a host of innovative technologies tailored for the sustainable development of the auto sector at automotive world 2022. Which will be hosted at Tokyo Big Sight. This advanced automotive technology show combines multiple exhibitors and conferences covering important topics in the automotive industry.

https://corporate.dow.com/en-us/news/press-releases/innovative-technologies-sustainable-solutions-automotive-world-2022.html

https://www.aftermarketnews.com/lear-to-acquire-automotive-leather-business/

Automotive Interior Materials Market Report Snapshots