SP Member News Roundup – March 2025
SP provides a forum for global automotive manufacturers and their large and small suppliers to work together toward a shared vision of an automotive industry with positive environmental impact.
This monthly series collects recent news and updates through March 2025 highlighting efforts of SP member companies and partners to advance initiatives with positive environmental impact.
- BASF Coatings and NIO agree on strategic partnership for automotive coatings, BASF Coatings, a supplier of innovative coatings solutions, and NIO, a pioneer in the global smart electric vehicle market, have announced the signing of a Letter of Intent (LoI) aimed at establishing a strategic partnership to enhance cooperation in the automotive coatings sector. Click Here
- Clarios Announces $6 Billion American Energy Manufacturing, Clarios announced a $6 billion plan expected to expand U.S. manufacturing and accelerate American innovation. The plan aims to advance American energy and critical mineral independence by strengthening the nation’s critical supply of batteries essential to start every vehicle in the U.S. Click Here
- Cummins expands their power generation portfolio with the addition of state-of-the-art zero emissions 200kWh to 2MWh Battery Energy Storage Systems (BESS) solutions, Cummins Inc.’s Power Generation business announced the addition of new Battery Energy Storage Systems (BESS) solutions to their global product line. Fully integrated BESS containers for AC output, the development of this product represents a significant push towards helping customers reach their sustainability goals. Click Here
- Seven Honda and Acura Dealerships Achieve EPA ENERGY STAR Certification, Setting the Standard for Superior Energy Performance in the Auto Industry, The U.S. Environmental Protection Agency (EPA) has awarded ENERGY STAR certification to seven additional Honda and Acura dealerships, recognizing them as among the most energy-efficient vehicle dealerships in the country. Click Here
- General Motors and NVIDIA collaborate on AI for next-generation vehicle experience and manufacturing, General Motors and NVIDIA announced they are collaborating on next-generation vehicles, factories and robots using AI, simulation, and accelerated computing. The companies will work together to build custom AI systems using NVIDIA accelerated compute platforms, including NVIDIA Omniverse™ with NVIDIA Cosmos™, to train AI manufacturing models for optimizing GM’s factory planning and robotics. Click Here
- Hydro signs long-term power contract with NTE, The PPA will be part of Hydro Energy’s total power portfolio, which consists of captive power production of 9.4 TWh per year and a long-term contract portfolio of around 10 TWh. The contract spans from January 1, 2027, to December 31, 2029, with delivery in the price area NO3. Click Here
- Martinrea International Inc. Publishes 2024 Sustainability Report, Martinrea International Inc., a diversified and global automotive supplier engaged in the design, development, and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announced the release of its 2024 Sustainability Report. Click Here
- RADIUS RECYCLING to be Acquired by U.S. Subsidiary of TOYOTA TSUSHO CORPORATION, Accelerating Investment in Future Growth, Radius Recycling, Inc. announced that it has entered into a definitive merger agreement with Toyota Tsusho America, Inc., a U.S. subsidiary of Toyota Tsusho Corporation, under which TAI will acquire all shares of Radius. Click Here
- RENEW and Kinsley Partner to Deliver Turnkey Battery Storage Solutions in the Northeast, RENEW Energy Partners (RENEW) has joined forces with Kinsley Energy Systems (Kinsley), a 60-year veteran in on-site power generation, to deploy Battery Energy Storage Systems (BESS). Click Here
- Schneider Electric Plans to Invest Over $700 million in the U.S., Supporting Energy & AI Sectors and Job Growth, Schneider Electric announced that it is planning to invest over $700 million in its U.S. operations through 2027. The company’s investments support the country’s focus on bolstering the nation’s energy infrastructure to power AI growth, boost domestic manufacturing, and strengthen energy security. Click Here
- Introducing ZeCycle: A Sustainable Closed-Loop VCI Recycling Program from ZERUST® & RecycleMax®, As industries worldwide strive for sustainable manufacturing and waste reduction, companies are actively seeking circular economy solutions to minimize their environmental footprint. ZERUST®, in partnership with RecycleMax®, is excited to launch ZeCycle—a closed-loop recycling program that transforms used ZERUST® VCI packaging into new post-consumer recycled (PCR) VCI films. Click Here
SP members may send their environmental sustainability news to info@supplierspartnership.org for consideration in future news roundups. And, be sure to follow us on LinkedIn to keep up with the latest SP news and updates.