Electrification

Delray Beach – October 12, 2026 -- The global low-power brushless DC (BLDC) motor market will grow from USD 6.59 billion in 2026 to USD 9.69 billion by 2031, a compound annual growth rate of 8.0%, according to MarketsandMarkets. The 2025 market size stood at USD 6.11 billion.

Asia Pacific is forecast to grow fastest at 8.8% CAGR through 2031

Asia Pacific is expected to post the highest regional CAGR of 8.8%. MarketsandMarkets attributes the growth to industrial development, expanding manufacturing, rising automation and demand for energy savings. China, Japan, South Korea, India and ASEAN countries have invested heavily in robotics, industrial automation, electric transportation, smart appliances and battery devices.

Ft. Meyers – October 12, 2026 -- Peak Nanosystems has won two innovation awards in two months, taking a Gold Edison Award for its capacitor films in April and the 2023 German Innovation Award for Excellence in May for its LGRIN lenses.

Capacitor films earn Gold Edison Award in April

The Edison Awards presented the Gold honor at a gala in Ft. Meyers, Florida. The program has recognized excellence in new product development, design, and innovation since 1987.

Capacitors made from Peak nanolayer films combine high-usage temperature performance, high energy density, and exceptional breakdown strength. According to the company, these properties extend capacitor lifetimes and allow more compact designs, particularly in electric vehicles. Peak also cites significant improvements for grid infrastructure applications.

Valley View – October 12, 2026 -- Peak Nano and Advanced Conversion, a wholly owned subsidiary of ETI of Clearwater, Florida, have formed a partnership to co-develop DC-link capacitors for 800V+ e-mobility, with initial product releases slated for late 2026.

Engineering teams from both companies are already developing joint products. The partnership is structured for long-term co-development across passenger EVs, commercial vehicles, off-highway platforms, electrified aviation and DC fast-charging infrastructure.

Valley View – October 12, 2026 -- Peak Nano's NanoPlex LDF film holds 95% of its room-temperature breakdown strength at 135°C and handles 25% more current than traditional film at the same voltage and temperature, without derating. Advanced Conversion has selected it as the dielectric for its new HP Drive Test Kit, a DC-link inverter solution for 800V+ Silicon Carbide (SiC) power electronics.

Advanced Conversion is a wholly owned subsidiary of Electro Technik Industries (ETI) of Clearwater, Florida. The companies describe the kit as one of the first fully domestic DC-link solutions for high-voltage e-mobility. Target platforms include Formula E and performance automotive, electric buses and heavy trucks, off-highway and industrial vehicles, and electrified aviation.

Plano, Texas – October 11, 2026 -- Toyota Motor North America (TMNA) sold 117,215 electrified vehicles in the U.S. in September, up 37.8% on a volume basis, accounting for 58.2% of its total sales volume of 201,306 vehicles.

Total September sales rose 8.4% on volume and 4.0% on a daily selling rate (DSR) basis against September 2025. Electrified sales grew 32.2% on a DSR basis.

TMNA third-quarter sales edge up 0.6% to 633,223 vehicles

Electrified vehicles reached 363,367 units in the third quarter, up 28.5% on both volume and DSR bases, or 57.4% of total volume. Overall sales growth was flat by comparison, so electrified models drove nearly all of the quarter's momentum.

Saline, Michigan – October 11, 2026 -- Toyota has opened the Toyota Battery Center of North America (TBC), a 30,000-square-foot development and evaluation facility in Saline, Michigan, giving its Michigan-based battery teams expanded capabilities across the full battery-development cycle.

The center covers every stage from raw-material sourcing through customer applications to recycling. Toyota describes it as the next chapter of its electrification transformation.

TBC will evaluate batteries for Toyota's North Carolina plant and North American vehicle factories

The facility acts as a central hub for development and evaluation, working with Toyota's North American manufacturing network. It will support battery evaluation for Toyota Battery Manufacturing, North Carolina, as well as Toyota's vehicle manufacturing plants across North America.

Changsha – October 10, 2026 -- Zoomlion's mining machinery business grew by more than 57.20% year on year in the first half of 2026, while company-wide international revenue rose 12.45% to RMB 15.535 billion.

International business accounted for 57.25% of total revenue, up 1.67 percentage points from a year earlier. Growth in South America, Europe, Southeast Asia, Africa and East Asia outpaced the company's overall international growth rate.

Zoomlion pitches lifecycle cost savings as the core of its mining sales case

The company's mining portfolio covers excavation, loading, haulage, crushing and screening. Flagship models include the ZE4000G, a 400-tonne mining excavator, and the ZTE520 hybrid electric-drive truck, which has a rated payload of 300 tonnes.

Pune, India – October 02, 2026 -- The global aluminum die casting market is set to more than double from USD 88.07 billion in 2025 to USD 179.01 billion by 2034, expanding at a compound annual growth rate of 8.2% between 2026 and 2034, according to a new analysis by Maximize Market Research.

Electric vehicle output drives component demand

Global electric car sales exceeded 20 million units in 2025, with China alone producing nearly 16 million EVs, almost 75% of worldwide output. The surge is fueling orders for aluminum battery housings, motor housings, transmission cases, and chassis parts that combine low weight with structural strength and thermal performance.

Plano, Texas – October 01, 2026 -- Toyota Motor North America (TMNA) reported September 2026 U.S. sales of 201,306 vehicles, up 8.4 percent year-over-year, with electrified vehicles accounting for 58.2 percent of that volume.

September electrified vehicle sales surge 37.8 percent to 117,215 units

Electrified sales rose 37.8 percent on a volume basis and 32.2 percent on a daily selling rate (DSR) basis in September compared to the same month in 2025. TMNA now offers 32 electrified vehicle options across the Toyota and Lexus brands.

Third-quarter electrified sales climb 28.5 percent to 363,367 units

For the third quarter, TMNA sold 633,223 vehicles total, up 0.6 percent on both volume and DSR bases versus Q3 2025. Electrified vehicles made up 57.4 percent of that quarterly volume, totaling 363,367 units sold, a 28.5 percent increase.

Seoul – September 30, 2026 -- LG Energy Solution has signed a non-binding memorandum of understanding with U.S. commercial EV startup indiGOtech to supply 46-series NCM cylindrical battery cells from 2027 to 2030, targeting indiGOtech's upcoming Flow Ride and Flow Cargo electric vans.

Deal targets commercial van platforms for logistics and ride-hailing

indiGOtech, headquartered in Woburn, Massachusetts, builds an integrated ecosystem combining electric commercial vans, charging infrastructure, and digital fleet services for the North American market. The battery supply agreement would underpin the company's Flow Ride and Flow Cargo vehicle lines, aimed at last-mile delivery, logistics, and ride-hailing fleets.