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    Making waves in the autonomous driving industry: Wayve’s funding splash
    Wayve's recent funding represents the largest AI fundraising in the UK to date. One notable aspect of Wayve's approach to automated/autonomous driving technology is its focus on empowering a variety of manufacturers through its 'Embodied AI' technology. Unlike many competitors that rely heavily on high-definition maps and pre-programmed routes, Wayve utilizes a machine learning model that learns from vast amounts of data, simulating human learning. This adaptability enables Wayve's system to han...
    Navigating compliance costs: OEMs' dilemma in making legacy vehicles compliant with cybersecurity
    The implementation of the United Nations Economic Commission for Europe (UNECE) R155 cybersecurity regulation has ramifications for the automotive industry that are more immediate than one would ordinarily expect in the vehicle planning process. It has led to some shuffling of vehicle portfolios among original equipment manufacturers due to inputting cost-benefit scenarios into the vehicle planning process. Porsche's decision to discontinue sales of the internal combustion engine (ICE)-powered M...
    SAIC’s MG brand eyes Spain for setting up its first EV plant in Europe
    SAIC Motor Corp.'s MG brand is evaluating the possibilities of setting up its first electric vehicle plant in Europe in Galicia, Spain, according to a news report published by CnEVPost on July 15. The report cited a local publication, Europa Press, as the original source of the story. It mentioned that SAIC is considering Spain for its first EV plant, which can produce EVs for several markets in the EU region. It further said that the carmaker from mainland China is also considering Hungar...
    Shell Recharge installs 22 high-power charging points along Malaysia’s highways
    In a bid to expand its electric vehicle charging network in the South Asia region, Shell Recharge has installed 22 new high-power charging points (HPCs) at 11 locations along Malaysia’s highways, the company said July 11. In a LinkedIn post, Lee Ming Seow, vice president for the Mobility business in Malaysia and Singapore at Shell Recharge and board of directors at Shell Malaysia, said, “With 22 HPC charging points at 11 locations along Malaysia's highways, our Shell Recharge Solutions ex...
    Vattenfall to install 22,000 new charging points in the Netherlands
    The Netherlands is set to significantly enhance its public electric vehicle charging infrastructure, focusing on the southern provinces of Brabant and Limburg. Vattenfall InCharge has been awarded a tender to install an additional 22,000 charging points in these regions over the coming years, expanding the overall count to 59,000 from the current 37,000. The charging stations will feature displays for pricing and charging specifics, and their installation will be strategically based on a...
    Cyngn secures notice of allowance for adaptive autonomous vehicle decision-making patent
    Cyngn has announced the receipt of a notice of allowance for its 21st US patent, which outlines a new adaptive decision-making method aimed at improving the operation of autonomous vehicles in real-world scenarios by enhancing how they respond to other detected objects, according to a press release on July 9. This method involves the application of driving and object detection rules to inform the autonomous vehicle's decision-making processes. "Achieving the Notice of Allowance for our 21st U...
    Cyient to set up subsidiary for semiconductor business; stock rallies 7%
    Cyient has announced a strategic expansion in its semiconductor business through the creation of a fully owned subsidiary, in a report published by Business Standard on July 12. Following the announcement, shares of Cyient saw a significant increase of up to 7%. Krishna Bodanapu, vice chairman and managing director of Cyient Ltd., highlighted the initiative as a move to enhance the company's capabilities in Application Specific Integrated Circuit (ASIC) turnkey design and manufacturing. With ...
    BorgWarner opens new high-voltage testing facility in India
    BorgWarner has inaugurated a new high-voltage (HV) testing facility at its Tech Centre in Bengaluru, Karnataka, India, Autocar Professional reported July 15. The 11,600-square-feet facility, High Voltage Propulsion Engineering Laboratory, has been commissioned on the ground floor of BorgWarner’s India Propulsion Engineering Centre (IPEC) in Whitefield, Bengaluru. It is tailored to enhance the development of electric propulsion systems, including HV traction motors, inverters and DC-DC converte...
    CATL looks to raise $1.5 billion to fund its global battery supply chain expansion plans
    CATL, the world’s largest battery-maker, is in talks with overseas sovereign wealth funds and private investors to raise about $1.5 billion for building its global battery supply chain, according to a report published by CnEVPost on July 12. The report cited Financial Times as the original source of this story. The offshore fund that CATL is looking to raise is expected to help the battery company finance the corporate ecosystem needed to expand its production network in Europe and other fo...
    Presence of passengers in semi-autonomous cars could enhance driver safety, study finds
    A recent study conducted by the University of Nottingham for the RAC Foundation suggests that having a passenger present in semi-autonomous cars can improve drivers’ focus on the road and help them decide when to resume manual control. However, the transition back to manual driving remains challenging, as reported in a press release on July 11. The study involved 17 motorists, each accompanied by a front-seat passenger, who were using a driving simulator programmed to mimic a Level 3 automa...
    Partial automated driving systems do not improve vehicle safety, IIHS says
    According to a press release on July 11, a study conducted by the Insurance Institute for Highway Safety (IIHS) and the Highway Loss Data Institute has revealed that partially automated driving systems in vehicles do not significantly enhance safety beyond the common crash avoidance features. The research specifically examined BMW and Nissan models equipped with systems capable of keeping the car within its lane, slowing down when detecting nearby vehicles and navigating curves. Jessica Cicch...
    OToBrite showcases ADAS solutions at Automotive Engineering Exposition 2024
    In a press release on July 11, oToBrite has announced its participation in the Automotive Engineering Exposition 2024 held in Nagoya from July 17 to July 19. The company will be present at booth 259 in the Aichi Sky Expo, where it plans to highlight its commitment to the global Vision Zero initiative, which aims to eliminate traffic fatalities and serious injuries. At the exposition, oToBrite intends to showcase its improved advanced driver assistance system (ADAS) solutions, focusing on improvi...
    KD inaugurates new optic tech lab and facility in Madrid
    KDPOF, now rebranded to KD, has inaugurated an optical interconnect laboratory, and assembly and test facility in Tres Cantos, Madrid. The initiative follows a €28 million funding received from the European Commission as part of an Important Projects of Common European Interest (IPCEI) program, as reported by eeNews Europe on July 10. The funding aims to establish a high-quality packaging factory for cutting-edge optoelectronic devices in Europe. Additionally, a new prototype laborat...
    Faction initiates autonomous light EV testing in Houston
    According to a press release on July 8, Faction has initiated testing of autonomous light electric vehicles in Houston. This testing program is aimed at enhancing autonomous mobility solutions, focusing on the optimization of last-mile delivery services. Faction's testing initiative features the use of the DriveLink autonomy system and TeleAssist for remote human assistance, setting up an initial fleet of self-driving light EVs designed to transform curbside delivery operations in urban settings...
    Serve Robotics announces expanded Los Angeles delivery, extended Lidar supply agreement
    In a press release on June 27, Serve Robotics announced the expansion of its delivery services to Koreatown in Los Angeles. This move comes alongside an announcement that the company has expanded its Lidar supply agreement with Ouster, which involves equipping 2,000 robots with upgraded Lidar sensors to enhance performance. This expansion into Koreatown began with the onboarding of local merchants in partnership with Uber Eats, allowing residents to receive deliveries via Serve's robots. The ...
    Entek receives up to $1.2 billion loan from the US government for battery separator plant
    Entek has received a conditional loan of up to $1.2 billion from the US Energy Department (DOE) to finance a manufacturing plant in Terre Haute, Ind., which will produce lithium-ion (Li-ion) battery separators for electric vehicles. The initiative marks a significant step in strengthening the domestic Li-ion battery-cell supply chain and supporting the production of batteries for zero-emission vehicles.   The project is expected to support the manufacturing of approximately 1.9 million m...
    Vishay Intertechnology to exhibit at Electronica China 2024
    In a press release on July 8, Vishay Intertechnology has announced its participation in Electronica China 2024, scheduled for July 8–10 at the New International Expo Center in Shanghai. The company aims to showcase its expansive range of passive and semiconductor solutions designed to cater to the burgeoning automotive and e-mobility sectors, emphasizing their utility in extreme operating conditions. At the event, Vishay will unveil its latest innovations, including the 1,200 V MaxSiC ...
    BMW, NTT Data establish new IT and software hubs in Romania
    BMW has expanded its global network of information technology (IT) and software hubs with opening of a new center called “BMW TechWorks Romania” in Cluj-Napoca, Romania, the automaker said in a press release on July 4. In collaboration with Japanese partner NTT Data, BMW TechWorks Romania will become a key hub for the German carmaker’s IT and software projects in Europe. The investment will accelerate BMW’s digital transformation.      BMW TechWorks Romania joins the Ge...
    STMicroelectronics to showcase automotive technologies at Electronica China 2024
    As reported in a press release on July 5, STMicroelectronics is set to participate in Electronica China 2024 on July 8–10, showcasing an extensive array of solutions under the theme "Our technology starts with You." The company will exhibit over 50 interactive demos across various sectors including automotive, cloud, and other infrastructure. In the automotive sector, ST highlights its 30 years of experience by presenting comprehensive solutions for the future of smart e-mobility. The exhib...
    ADAS will evolve into an affordable and indispensable component of vehicles, says Tata Technologies' associate VP
    As reported by Autocar Professional on July 7, Sandeep Terwad, the associate vice president (VP) of Tata Technologies, has provided insights on the effect of software-led innovation in the automotive sector, highlighting the shift of vehicles into edge devices in the internet of things realm. Terwad underscored the evolution of advanced driver-assistance systems (ADAS) technologies from basic safety features to sophisticated AI-powered systems that enhance road safety and pave the way for autono...
    Forvia Hella to restructure production at Lippstadt plant in Germany
    Forvia Hella has announced a plan to restructure lighting production at its main plant in Lippstadt, Germany, according to a company’s press release on June 26. As part of the plan, the company will focus exclusively on the production of high-margin, advanced headlamps at the plant and relocate production of other lighting systems to its other plants.  This decision is in response to evolving market conditions in Europe, characterized by reduced vehicle production, high costs, and chan...
    Toyota plans to launch first EV with Level 2+ autonomous driving for China in 2025
    As reported by Reuters on June 28, Toyota has planned to launch its first electric vehicle with an advanced autonomous driving system for the Chinese market in 2025. The joint venture between Toyota and Guangzhou Automobile Group aims to regain market share in China by catching up with Chinese rivals in hybrid technology, batteries and intelligent vehicles. The partnership will introduce the Bozhi 3X SUV as the first model equipped with the advanced driving system, enabling features such as p...
    aiMotive's aiSim 5 achieves ISO 26262 certification for automotive safety
    According to a press release on July 4, TÜV Nord awarded AiMotive ISO 26262 certification for its aiSim 5 simulator. This certification, initially awarded to the aiSim series in 2020, marks aiSim 5 as compliant with the rigorous standards for automotive safety integrity level D (ASIL D) set out in ISO 26262:2018. The certification specifically acknowledges aiSim 5's physics-based design, its deterministic nature and the simulator's development process, aligning with ISO 26262 regulations. It en...
    Atlante installs ultra-fast charging points on Vinci Autoroutes Network
    With 100% of its service areas equipped with electric charging points, VINCI Autoroutes is continuing to deploy charging stations on its network to support the development of electric mobility. Atlante, an NHOA Group company dedicated to EV fast and ultra-fast charging networks, has inaugurated four newly installed EV fast charging stations on the Vinci Autoroutes’ Saint-Léger Ouest service area, located on the A10 highway, south of Saintes on the way to Bordeaux toward Paris, the company ...
    Thyssenkrupp evaluates future of Bremen Powertrain unit amid challenges
    In a press release dated July 2, Thyssenkrupp Automotive Technology announced that it is undertaking a thorough examination of future prospects for its Powertrain business unit based in Bremen, Germany, acknowledging the need for significant changes amid the automotive market's evolving structure. The spectrum of options under consideration spans from moderate adjustments to the operational framework, to the implementation of comprehensive structural changes. The company has set a t...
    LG Innotek sets out new plan to grow its Sensor business to $1.4 billion by 2030
    According to a press release on July 3, LG Innotek has announced a new plan to accelerate the growth of its Vehicle Sensing Solution business by leveraging its optical technologies to drive innovation in the future mobility sector. A key pillar of the plan, identified as High Performance Lidar, will see the LG subsidiary pursue a targeted approach to the Lidar market. Here, it recently established a dedicated business division for Lidar, reporting directly to the CEO. The development and busi...
    Singapore launches Level 4 autonomous shuttle service
    In June 2024, Singapore witnessed the launch of its first publicly accessible, Level 4 autonomous shuttle service, known as the WeRide Robobus, which embarked on its inaugural journey from the Equarius Hotel at Resorts World Sentosa, as reported in a press release on July 3. This initiative represents Singapore's first integration of manual shuttle passenger transport with an autonomous shuttle minibus. Additionally, it is the inaugural service connecting a group of five-star hotels to a luxu...
    BASF abandons plans to invest in lithium mines in Chile
    German materials company BASF has abandoned its plans to invest in lithium mines in Chile, as a slowdown in electric vehicle adoption worldwide drags down battery metal prices, according to a news report published by Mining.com on July 2. The news report credited Bloomberg as the original source of the story. Citing a disclosure by BASF to Bloomberg, the report mentioned that the German company has withdrawn from initial talks with Wealth Minerals Ltd., a Vancouver, Canada-based firm that ...
    Hydrovolt plans to build battery recycling plant in France
    Hydrovolt, a battery recycling and raw materials company, plans to build a recycling plant in France as part of its capacity expansion strategy, the company announced July 2. Without disclosing the amount it plans to invest in building the proposed battery recycling plant in France, Hydrovolt said that its planned facility will be located in Hordain, in the heart of Northern France’s battery valley. Hydrovolt, which is a joint venture of Swedish battery-maker Northvolt and Norway’s Hyd...
    Hyundai Motor, LG Energy Solution launch EV battery cell plant in Indonesia
    South Korean car manufacturer Hyundai Motor Company and battery maker LG Energy Solution (LGES) have launched their joint electric vehicle battery cell production plant in Indonesia, according to a news report published by the news agency Reuters on July 3. The report pointed out that the Hyundai-LGES battery cell facility is Indonesia’s first battery cell production plant for EVs. The battery cell manufacturing plant will have an annual capacity of 10 GWh of battery cells. In 2021, the ...
    Ford to set up new EV research and development team in California
    Ford is setting up a new research and development (R&D) center in Long Beach, Calif., that will focus on developing affordable electric vehicles, Electrek reported June 26. Jim Farley, CEO of Ford, has revealed that the automaker has a small skunkworks team which is working on a low-cost EV platform.   The R&D center will be based in the newly formed Douglas Park, located near Long Beach Airport. The new campus, set to open in early 2025, will house up to 450 staff members. ...
    RTI Connext Drive achieves ASPICE CL1 certification
    In a press release on June 18, Real-Time Innovations (RTI) announced that RTI Connext Drive® 3.1 has become the first Data Distribution Service (DDS™) implementation to be certified with ASPICE CL1, marking a milestone in the development of software-defined vehicles (SDVs). This certification is expected to provide original equipment manufacturers increased confidence and flexibility in the development of next-generation vehicles, ensuring the delivery of highly reliable communications essent...
    Nokian Tyres produces first tire at new Romania factory
    The Nokian Tyres Romania factory has successfully produced its first tire, marking a significant milestone in the company's expansion plans. Announced in a press release on July 1, 2024, the event signifies the on-schedule progression of the factory located in Oradea, Romania, toward its goal of beginning commercial tire production in early 2025. This achievement follows the factory's groundbreaking in May 2023 and is a testament to the project advancing within budget. Recruitment for the Rom...
    BYD launches five EV models in Tunisia
    Foraying in a new market, BYD, a leading global EV and EV battery maker, has launched five models in Tunisia, according to a news report published by CnEVPost on July 2. BYD’s entry in Tunisia is part of the carmaker’s aggressive global expansion strategy as it races to compete with Tesla in several international markets. BYD’s launch of five EVs in Tunisia features three battery-electric vehicles (BEVs) and two plug-in hybrid electric vehicles (PHEVs), the report said, citing a company...
    Toyota in talks with authorities in Shanghai to locally produce Lexus EVs
    According to a news report published by CnEVPost on June 28, Japanese carmaker Toyota Motor Corporation is currently discussing with the relevant authorities in Shanghai the possibility of building a wholly owned electric vehicle factory to produce Lexus EVs. The report cited Bloomberg as the original source of this news development. Citing unnamed sources, the report mentioned that Toyota is negotiating for similar tax breaks, policy support and land grants that Tesla got for setting up i...
    BeyonCa to establish EV assembly plant and HQ in Hong Kong
    BeyonCa, a premium electric vehicle (EV) manufacturer supported by Renault and Dongfeng Motor, has announced its plans to establish its final assembly plant and international headquarters in Hong Kong, marking the introduction of the first car brand in the territory. The assembly of BeyonCa's vehicles will take place in a government-owned industrial park in Hong Kong, while the primary manufacturing processes such as stamping, body welding, and painting will be conducted in mainland China. De...
    Toyota Motor, affiliated companies, agree to sell shares in Aisin
    Toyota Motor, along with two its affiliated companies Denso and Toyota Industries, has announced plans to sell its stake in another group supplier, Aisin Corp. The Japanese automaker will sell 13 million shares, equivalent to a 4.8% stake, in Aisin. Toyota will continue to remain the single largest shareholder in Asin with a 20% stake. Denso and Toyota Industries each will sell 12.96 million shares in Aisin. Denso is selling its entire 4.81% holding in Aisin, excluding treasury shares. Toyota...
    UK-based charge-point operator Be.EV secures £55M in new funding
    UK-based charge-point operator (CPO) Be.EV has secured £55 million in funding from NatWest and Germany's KfW IPEX-Bank, the company announced June 26. It said that the new funding will not only help facilitate its expansion plans but also set the stage for future investment for the wider electric vehicle charging industry. Notably, Be.EV plans to expand its existing network to more than 1,000 rapid and ultrarapid charge points across the UK by the end of 2024. “This landmark debt r...
    Sila secures $375M in Series G for next-gen battery technology
    Sila, a company specializing in next-generation battery materials, has successfully closed its Series-G funding round, raising $375 million. The round was led by Sutter Hill Ventures and T. Rowe Price Associates Inc., with additional investments from new and existing investors including Bessemer Venture Partners, Coatue and Perry Creek Capital, among others. This financial milestone is set to support the completion of Sila's Moses Lake, Wash., plant by the first quarter of 2025, facilita...
    Gradiant spins out alkaLi to boost battery-grade lithium production
    Gradiant, a global provider of advanced water and wastewater treatment solutions, announced the spin-out of alkaLi, a new independent company focused on accelerating the production of battery-grade lithium to meet the increasing demand from electric vehicles, energy storage systems and portable electronic devices. AlkaLi is set to utilize EC2 technology, the only solution of its kind designed for the extraction, concentration and conversion of battery-grade lithium. EC2 by alkaLi is a mo...
    Innoviz Technologies and major OEM collaborate on new short-range Lidar for Level 4 autonomous vehicles
    According to a press release on June 26, Innoviz Technologies has expanded its product lineup with the addition of a short-range Lidar to the InnovizTwo platform, which already comprises the long-range and slim models. This latest innovation is designed based on the architecture of the InnovizTwo Long-Range, offering high-resolution detection and an extensive vertical field of view exceeding 90 degrees. Aimed at enhancing the safety and efficiency of light commercial vehicles (LCVs), shuttles...
    CEA-Leti advances in automotive chiplet architecture development
    CEA-Leti is advancing in the development of a scalable chiplet architecture tailored for the automotive industry, alongside introducing new automated tools for design exploration, eeNews Automotive reported June 26. These innovations are in response to the evolving automotive sector that is leaning toward software-defined vehicles and zonal architectures, necessitating the integration of chiplets and novel design instruments. During a feasibility study initiated two years prior with a si...
    Waymo One expands autonomous ride-hailing to San Francisco
    Alphabet's Waymo announced that its autonomous ride-hailing service, Waymo One, has become available to everyone in San Francisco, marking a significant step nearly four years after it launched a similar service in Phoenix, as reported by Reuters on June 26. This move underscores the growing interest in driverless vehicles as potential commercial successes for automakers, despite the ongoing regulatory scrutiny and investor concerns over the burgeoning investments required for this emerging t...
    TÜV Rheinland opens advanced R&D lab in Bentonville, Ark.
    TÜV Rheinland, a leader in testing, inspection and certification services, welcomed distinguished members of the International Consumer Product Health and Safety Organization (ICPHSO) to its newly expanded and relocated laboratory in Bentonville, Ark., according to a press release on June 27. The Welcome Reception marked a significant milestone for TÜV Rheinland, showcasing its commitment to providing a wide range of high-quality services to customers across various industries in the US, fu...
    TI Fluid Systems opens e-Mobility Innovation Center in Auburn Hills, Mich.
    TI Fluid Systems has inaugurated its new e-Mobility Innovation Center (eMIC) in Auburn Hills, Mich., designed to enhance customer collaboration and accelerate the development of thermal management systems for electric vehicles, including hybrid, plug-in hybrid and battery-electric variants. Equipped to support the shift toward zero-emission vehicles (ZEVs), the Auburn Hills eMIC features advanced equipment for rapid prototyping, including 3D printing and injection molding, alongside two vehic...
    BYD launches its electric sedan Seal in Japan to rival Tesla’s Model 3
    BYD has launched its Seal electric sedan in Japan to compete with Tesla’s Model 3, according to a news report published on June 25. The Seal electric vehicle is BYD’s third passenger car model to be launched in Japan. BYD will offer its Seal electric sedan in two variants in Japan — a single-motor rear-wheel-drive version and a dual-motor all-wheel-drive version. The models are priced at ¥5.28 million (about $33,140) and ¥6.05 million, respectively, the report added. BYD’s Seal E...
    Zeekr follows BYD into South Korea with its range of EVs
    Geely’s premium electric car unit Zeekr is planning to foray into the South Korean electric vehicle market as part of its global expansion strategy, according to a news report published by the online automotive news portal Electrive.com on June 26. The report cites the local publication Maeil Business Newspaper as the original source of the news. It disclosed that Zeekr has completed the registration of its trademark in South Korea, with plans to launch EV models in the second half of 2024....
    Mobileye launches Level 4 autonomous driving test in Germany with Deutsche Bahn
    In a press release on June 25, Mobileye has introduced its fully autonomous no-driver system, known as Level 4, for in-traffic testing in Germany. This initiative, undertaken in collaboration with Deutsche Bahn (DB), involves the deployment of Mobileye Drive platform on six on-demand shuttles in the cities of Darmstadt and Offenbach within the Rhine-Main, Germany, area. This project, named KIRA, aims to enhance on-demand shuttle services and extend these services to rural areas within the Rhe...
    BASF withdraws plan to invest in nickel-cobalt refining facility in Indonesia
    German materials supplier BASF announced June 24 that the company will no longer evaluate a potential investment in a nickel-cobalt refining complex in Weda Bay, Indonesia. “The company will stop all ongoing evaluation and negotiation activities for the project in Weda Bay,” BASF said in a statement. Earlier in 2020, BASF and Eramet, a global mining and metallurgical group, had signed an agreement to jointly assess the potential of a project focused on refining critical battery materia...
    TPI Composites to divest Automotive business unit
    In a press release dated June 17, TPI Composites announced that it has entered into a definitive agreement to divest its Automotive business to Clear Creek Investments LLC (CCI). As part of the divestiture transaction, TPI Composites will sell its automotive subsidiary to CCI, which will be renamed Senvias Inc. The transaction is expected to close on June 30. “After a thorough review of strategic alternatives, we’re pleased to enter into this agreement with CCI. The di...
    Milence announces its second EV charging hub in the Netherlands
    Milence, the joint venture between Daimler Truck, the Traton Group and the Volvo Group, plans to set up its second electric vehicle charging hub in the Netherlands, the company announced June 24. The new EV charging hub will be located at Business Park Hessenpoort in Zwolle, the Netherlands, and is scheduled to be operational by December 2024, the company said, adding that the hub is aimed at providing an easy and reliable charging experience for all battery-electric heavy-duty trucks, irresp...
    ElringKlinger plans to build a plant for battery technology products in the US
    German supplier ElringKlinger has opened a new battery-parts facility in Easley in Pickens County, in the northwest of the US state of South Carolina, the company announced June 25. ElringKlinger plans to primarily manufacture battery technology products at the new facility and develop the site into a battery hub for its activities on the US market. The company said that it plans to initially manufacture cell-contacting systems at the new facility for one of its customers, without disclosing ...
    Beti, Groupe Bertolami and EasyMile join forces for new Level 4 autonomous shuttle service on a private site
    According to a press release on June 25, Beti announced a new milestone in its partnership with EasyMile, with the deployment of a fully autonomous Level 4 shuttle service (with no onboard operator) on a private site. From June to October, two Level 4 autonomous shuttles, operated by Beti, will transport employees between parking lots and various stops on the 15-hectare site. This fully autonomous service, with no onboard operator, is designed to improve operational efficiency, reduce carbon ...
    BMW secures approval for combination of Level 2 and Level 3 autonomous driving
    According to a press release on June 25, BMW has achieved a significant milestone in automated driving technology by becoming the first car manufacturer to receive approval for the integration of both a Level 2 and a Level 3 driving assistance system in the same vehicle. The new BMW 7 Series now features the BMW Highway Assistant, a Level 2 system, and the BMW Personal Pilot L3, a Level 3 system. The BMW Highway Assistant enhances long-distance driving comfort by allowing the vehicle to opera...
    Iberdrola plans to set up 1,000 EV charging points in partnership with Eroski in Spain
    Iberdrola España and Eroski, a popular supermarket chain spread across Spain, have partnered to install 1,000 EV charging points of different power ratings to promote EV adoption in the region, Iberdrola announced June 17. A thousand EV charging points will be installed across 300 outlets of Eroski, which are spread across 11 autonomous communities over the next three years, the company said. The planned 1,000 EV charging points will be installed in car parks, petrol stations and Eroski work...
    Indian battery maker Amara Raja to further invest €20 million in InoBat
    Indian battery manufacturer Amara Raja Energy & Mobility has made additional investment of €20 million in Slovakia-based battery technology company InoBat, according to a news report published by The Hindu Business Line on June 20. The additional investments include a subscription for an additional 4.5% equity stake in InoBat AS, the news report said. After this investment, Amara Raja’s total holding in InoBat AS will be about 9.32%. It can be recalled that the Indian company had earl...
    BMW cancels two billion euro battery cell contract with Northvolt
    BMW has reportedly cancelled its €2 billion order with Swedish company Northvolt for electric vehicle (EV) lithium-ion cells. This development was initially reported by various German media outlets, including manager magazin, which highlighted Northvolt's inability to meet the delivery timelines stipulated in the long-term supply contract established in 2020. The supply of the cells, which were to be produced in Europe at the Northvolt gigafactory at Skellefteå in northern Sweden, was...
    Shell opens its first megawatt charger for electric trucks in Amsterdam
    Shell has inaugurated its first self-developed megawatt charger for dual use by both electric trucks and shipping vessels at the Energy Transition Campus Amsterdam (ETCA), the company announced June 17. According to the company, the capacity of the megawatt charger corresponds to about three 350 kW, which are regular fast chargers that electric trucks can currently use to charge their batteries. Interestingly, the newly inaugurated Shell megawatt charger is connected to ETCA’s own microg...
    Osprey Charging acquires land parcel to build its largest EV charging hub in Scotland
    Osprey Charging, one of the leading charge point operators in the UK, has completed the purchase of a freehold site in Paisley, and planning permission has been granted to the company to build an electric-vehicle charging hub with 16 public charge points of 300kW output at the site, the company announced June 20. Once completed, the upcoming EV charging hub will be the largest public ultra-rapid charging hub in Scotland, the company said. Located by the Phoenix Retail Park in Paisley, the ...
    Posco seeks additional lithium deals from Argentina, Chile
    Posco Holdings Inc. plans to sign some additional deals from Argentina and Chile to secure lithium, a critical raw material used in the production of EV batteries, according to a news report published by The Korea Economic Daily on June 17. In this context, Jeong Ki-seop, president of Posco Holdings’ strategic planning, met up with Argentina's Minister of Economy Luis Caputo in Buenos Aires last week, the report said, citing the Korean company. The report mentioned that the senior Posco ...
    INVT E-mobility unveils advanced EV charging solutions at Power2Drive Europe 2024
    At the Power2Drive Europe 2024 event in Munich, INVT Electric Vehicle Drive Technology (Shenzhen) Co. Ltd. (INVT E-mobility), a key player in the electric vehicle technology field, showcased its extensive range of EV charging and powertrain solutions. The company's display included an array of EV charging solutions varying from 7 kW to 720 kW, which encompasses the latest AC home and commercial chargers (7-22 kW), DC commercial chargers (60-720 kW), and the newly launched EVC16 DC High Powe...
    Umicore plans workforce reduction for its Automotive Catalysts business
    In a press release dated June 18, Umicore announced a reevaluation of its workforce for its Automotive Catalysts business. This is in response to the evolving market demands and the less stringent Euro-7 emission legislation than initially anticipated. This adjustment involves accelerating certain changes, leading to a planned reduction of approximately 140 positions, or 14% of its workforce at the Hanau, Germany, site by 2027. The company has introduced voluntary leave programs, developed in...
    LD Carbon secures $28 million in Series-C funding to expand recycling operations
    LD Carbon, one of the leading suppliers of recovered carbon black, has successfully concluded its Series-C funding round, raising $28 million, the company said in a press release on June 19. The latest funding round was headed by Toyota's growth fund, Woven Capital, and saw the participation of several notable investors including Meritz Securities, Investwith, Industrial Bank of Korea, Hyundai Motor Group’s ZER01NE, Elohim Partners and New Main Capital. LD Carbon will use the funds to upsca...
    Char.gy secures £100 million in fresh funding from UK's CIIF fund
    Char.gy, an upcoming UK-based electric vehicle-charging solutions company, has secured £100 million in funding commitment from Zouk Capital and the UK government-anchored Charging Infrastructure Investment Fund (CIIF) to boost the rollout of its on-street EV charging infrastructure across the UK, the company announced June 19. With this new investment from Zouk Capital, Char.gy aims to grow its EV charging network from over 3,000 charge points to 100,000 by 2030, supporting the transition fo...
    Mercedes-Benz introduces Automatic Lane Change function in Europe
    According to a press release on June 19, Mercedes-Benz has introduced an advanced development for partially automated driving in Europe: the Automatic Lane Change (ALC) function. This feature is now available in the Driving Assistance Plus Package across 33 European countries. Fifteen Mercedes-Benz models, including the C-Class, E-Class, S-Class, GLC, CLE, EQE, EQS, EQS sport utility vehicle (SUV) and EQE SUV, can now be equipped with ALC, either directly from the factory or via an over-the...
    Cadence and Dream Chip unveil new automotive system-on-chip at Embedded World 2024
    At the recent Embedded World 2024 event in Nuremberg, Germany, Cadence and Dream Chip showcased Dream Chip's latest automotive system-on-chip (SoC), which integrates the Cadence Tensilica Vision P6 DSP IP and design IP controllers. This SoC was developed using the complete Cadence Verification solution along with a full-flow digital implementation process, including sign-off, as reported in a press release on June 18. The exhibition, which took place from April 9 to 11, featured the SoC'...
    Meridiam to acquire Allego shares and delist from NYSE
    Allego NV, a notable entity in the electric vehicle-charging network sector, and its majority shareholder, Meridiam, have unveiled a comprehensive agreement geared toward a tender offer by Meridiam for all the outstanding shares of Allego not already owned by Meridiam or its affiliates. This move is set to culminate in the voluntary delisting of Allego from the NYSE. The tender offer is poised at $1.70 per share, marking a significant premium over the current share price, thereby offerin...
    Stellantis reports significant growth in connected and software services
    Stellantis has seen significant growth in its software and connected services sector, with revenue increasing 2.5 times since 2021 and subscription-based product users reaching 5 million in 2023, the automaker said in a press release on June 13. The company, featuring 14 iconic brands, delivered over 94 million over-the-air (OTA) updates in 2023, enhancing the mobility experience for its vehicle owners. The number of monetizable connected cars has also grown to 13.8 million vehicles. Stellant...
    Fisker Group Inc. files for bankruptcy in the US
    Fisker Group Inc., the operating subsidiary of Fisker Inc., announced June 18 that it has filed for bankruptcy protection and is in advanced discussions with financial stakeholders regarding debtor-in-possession financing and the sale of its assets. The company has filed for Chapter 11 protection in the District of Delaware on June 17, it said. “Fisker has made incredible progress since our founding, bringing the Ocean SUV to market twice as fast as expected in the auto industry and maki...
    The Mobility House plans to launch solutions for bidirectional charging
    Munich-based electric vehicle charging and energy management solutions provider The Mobility House has introduced an all-new business unit — The Mobility House Energy — with an aim of integrating electric car batteries into the energy system, the company announced June 17. The company said that with this move, it is strategically placing its energy business at the forefront and preparing itself for the upcoming market launch and scale-up of bidirectional charging. The company has ...
    General Motors to build Cadillac Optiq in Mexico
    General Motors (GM) plans to manufacture its all-new Cadillac Optiq in Mexico, according to a news report published by online publication GM Authority on June 12. The news report cites an official confirmation from GM’s Mexican subsidiary, which said that the Cadillac electric vehicle crossover will be locally produced at the GM Ramos Arizpe plant. With the planned production of Cadillac’s Optiq in Mexico, the GM Ramos Arizpe plant will become the second production site to produce the ...
    BMW's Regensburg plant enhances automation with autonomous transport vehicle
    According to a press release on June 18, BMW Group Plant Regensburg in Germany has integrated an autonomous transport vehicle into its press plant, enhancing the digitalization and automation of its manufacturing processes. This move aligns with the digital and intelligently connected BMW iFACTORY strategy. The electric, driverless platform truck is designed to autonomously transport press tools and steel blanks to press lines, supporting loads up to 55 metric tons. Equipped with cutting-edge...
    Polestar plans expansion in established and new markets
    Polestar, the Swedish electric vehicle company, is broadening its retail operations across established and new markets in conjunction with the expansion of its model lineup. Part of this expansion involves a shift to a non-genuine agency sales model across Europe, a change that has already occurred in Sweden and Norway. The company aims to penetrate seven new markets by 2025, including France, which is the second-largest volume market for EVs in the EU after Germany. Expansion is also planned...
    Lion Electric's heavy-duty battery receives final certification
    The Lion Electric Co., a manufacturer of all-electric medium and heavy-duty urban vehicles, has announced the successful final certification of its heavy-duty battery pack, the LionBattery HD. It was specifically designed for the company's heavy-duty trucks and has met all stringent testing and safety regulations to be certified. This 105-kWh lithium-ion battery pack will power the Lion8 Tractor, an all-electric Class 8 commercial truck, which was unveiled on May 21. Back in December 2023, Li...
    Autel Energy's CSMS receives OCPP 2.0.1 certification from Open Charge Alliance
    Autel Energy, an electric vehicle-charging solutions provider, has announced that its Charging Station Management System (CSMS) has received the OCPP 2.0.1 certification from the Open Charge Alliance (OCA). This certification represents a significant step toward improving the interoperability and security of EV charging solutions. The OCPP 2.0.1, launched by OCA in 2020, is a globally accepted standard for seamless communication between charging stations and charging station management softwa...
    Fernride announces next-generation autonomous vehicle kit
    As reported in a press release on June 10, Fernride, a Germany-based autonomous trucking company, announced the release of their next generation autonomous vehicle kit, setting the path toward series production and global deployment of Fernride-enabled autonomous vehicles. Named the Gen 4 Vehicle Kit, it is designed to withstand extreme conditions, such as subzero temperatures and blizzards in Estonia, and arid climates and sandstorms in the Middle East. This ensures reliable logistics operation...
    Horizon Robotics plans mass production of SuperDrive autonomous driving solution
    Horizon Robotics, a provider of advanced driver assistance systems (ADAS) and autonomous driving solutions for passenger vehicles, has revealed plans for the mass production of its SuperDrive autonomous driving solution, as reported in a press release on June 13. This solution aims to provide smooth and human-like autonomous driving in various environments, including urban, highway and parking scenarios. The company plans to collaborate with multiple automotive brands and tier 1 suppliers i...
    Cyngn highlights computer vision advancements with Nvidia accelerated computing
    In a press release on June 12, Cyngn announced the advancement of its proprietary computer vision technology for autonomous machines, leveraging Nvidia accelerated computing. This progress highlights the capabilities of Cyngn's DriveMod solutions, which use Nvidia hardware and CUDA acceleration libraries to develop self-driving features with AI, computer vision, and localization and mapping. The DriveMod system is deployed on material-handling vehicles from established manufacturers such as BYD,...
    Polish EV charging-equipment maker Ekoenergetyka secures a loan of €182 million
    Polish EV charging equipment manufacturer Ekoenergetyka SA has secured a loan of 741 million zlotys (about $182 million) from Bank Pekao SA to finance its growth plans, the company announced June 17. In a statement released on June 17, the company said that it will initially receive 691 million zlotys from the bank and the remaining amount of 50 million zlotys will come upon the fulfillment of certain conditions. Ekoenergetyka said that it launched a new production line in J...
    Semisolid battery supplier WeLion records 31% jump in installations in May 2024
    Beijing WeLion New Energy Technology, a supplier of semisolid batteries to Shanghai-based electric-car maker Nio, saw an approximately 31% increase in battery installations in May, according to a news report published by CnEVPost on June 17. The report cited data released by the China Automotive Battery Innovation Alliance (CABIA) on June 14. It said that mainland China saw 482.9 MWh of semisolid batteries installed in May, up 30.9% from 369.0 MWh in April, with WeLion as the sole c...
    Indian market has huge potential for EVs: Chinese EV maker Leapmotor
    The India market has a huge potential for electric vehicles and not only Leapmotor, but every EV brand from mainland China and other global markets wants to enter this market to gain market share, Li Cao, executive director and senior vice president at Zhejiang Leapmotor Technologies Ltd. said in an interview published by Autocar Professional on June 16. Leapmotor, which has aggressive plans of selling 100,000 EVs globally in 2025, plans to establish its presence in India in all key segments,...
    Eaton to showcase safety-focused EV technologies at The Battery Show Europe
    Eaton, an intelligent power management company, is planning to exhibit its suite of safety-focused electrified vehicle (EV) technologies at The Battery Show Europe in Stuttgart, Germany from June 18-20. The company's offerings aim to ensure the safety of EV occupants and the vehicle itself. Among the technologies to be displayed is Eaton's Breaktor® circuit protection technology that combines the functions of fuses, pyro switches, and contactors into one coordinated, resettable device to off...
    GMV incorporates positioning technology into BMW's Personal Pilot L3
    According to a press release June 12, GMV has incorporated its precise, safe, and dependable positioning technology into BMW's Personal Pilot L3 function. The new feature, which is part of the BMW 7 Series, relies on SAE Level 3 automated driving that allows the vehicle to manage specific driving tasks within defined conditions, calling for human intervention only when the system comes across challenges that exceed its capabilities.  GMV's proprietary positioning solution is composed of ...
    Hyundai Motor’s India unit files for IPO
    Hyundai Motor India Ltd., the Indian unit of South Korean carmaker Hyundai Motor Group, has filed a draft red herring prospectus with the Securities and Exchange Board of India for its planned initial public offering, according to a news report published by CNBC-TV18 on June 15. The Korean automaker plans to sell a 17.5% stake in Hyundai Motor India Ltd. by offering 142 million shares in India, according to the regulatory filing. Hyundai Motor India’s IPO is speculated to be India’s large...
    Milence opens EV charging hub for electric trucks in Belgium
    Milence, the joint venture between Daimler Truck, the Traton Group and Volvo Group, has opened its public electric-vehicle charging hub for electric heavy goods vehicles at the Port of Antwerp-Bruges in Belgium, in the presence of Maroš Šefčovič, executive vice president for the European Green Deal, the company announced June 13. With a total throughput of 289 million tons per year, the Port of Antwerp-Bruges is one of the major hubs for global trade. Its central location, extensive conne...
    Synopsys achieves certification of its AI-driven digital and analog flows and intellectual property on Samsung advanced SF2 GAA process
    In a press release on June 12, Synopsys has announced that its AI-driven digital design and analog design flows have been certified for Samsung Foundry's SF2 process, with multiple test-chip tapeouts validated for product readiness. The reference flows, which leverage Synopsys.ai, boost productivity, enhance performance, power and area (PPA) and expedite analog design migration for Samsung Foundry's latest Gate-All-Around (GAA) process technologies. The Samsung SF2 process was improved using Syn...
    UK’s Echion Technologies raises £29 million in Series-B funding round
    UK-based Echion Technologies, a leading developer of niobium-based, fast-charging battery materials, announced June 13 that the company has raised £29 million in its Series-B funding round. The round was led by specialist battery and energy storage technology investor Volta Energy Technologies (Volta), with participation from existing investors CBMM, BGF and Cambridge Enterprise Ventures, it said. The newly raised funds will enable Echion to execute its go-to-market strategy to see its innov...
    Zest opens 56 EV charging bays in Warrington Time Square, UK
    Zest Eco Ltd., one of the UK’s fastest growing charge-point operators (CPOs), has been selected by the Warrington Borough Council as the new charging operator for Time Square, the company said May 29. Time Square is a major development in Warrington Town Centre that provides a family-friendly shopping, restaurant and leisure experience, and is the modern contemporary home for Warrington’s famous market. Setting up electric vehicle charging stations at the Warrington Time Square represents...
    Wind River achieves appraisal at Level 3 of International CMMI standard
    As reported in a press release on June 12, Wind River has been appraised at Level 3 of the Integration Standard of Capability Maturity Model Integration (CMMI) by ISACA. The CMMI is a globally accepted standard that enhances capability, optimizes business performance and aligns operations with business goals. Amit Ronen, the chief customer officer at Wind River, stated that the CMMI appraisal is a significant third-party validation of a company's work and procedures. The appraisal is particul...
    Indian startup Battery Smart raises $65 million in Series-B funding round
    India-based battery technology startup Battery Smart has raised $65 million in its Series-B funding round, which was led by LeapFrog Investments, according to a report published by Entrackr on June 11. The report mentioned that Battery Smart’s Series-B funding round also saw participation from new and existing investors, including MUFG Bank, Panasonic, Ecosystem Integrity Fund, Blume Ventures and British International Investment (BII). Although the startup’s current valuation is unknown, ...
    Tata Power installs over 220 radio-frequency identification-enabled EV charging points in Karnataka, India
    Tata Power, one of India's largest players in the electric vehicle charging domain, has installed more than 220 EV charging points across the state of Karnataka, India, under its charging network known as EZ Charge, the company announced May 13. The company said that all its EV charging points offer radio-frequency identification (RFID) card-enabled transactions, further making the EV charging experience seamless. These chargers are conveniently located across major highways between Bengaluru...
    Tata Power deploys over 850 EV charging points for electric buses in key metropolitan areas across India
    Tata Power Renewable Energy Ltd. (TPREL), a subsidiary of Tata Power, one of India's largest integrated renewable energy companies and electric vehicle-charging service providers, has deployed more than 850 EV charging points for electric buses in key metropolitan areas across India, the company said on June 12. These EV charging points are strategically located across more than 30 bus depots in prominent cities such as Delhi, Mumbai, Ahmedabad, Bengaluru, Jammu, Srinagar, Dharwad, Luckn...
    Tata Motors revises EV sales forecast due to slowed Indian market growth
    Tata Motors, India's largest zero-emission car manufacturer, has lowered its long-term forecast for its electric vehicle sales penetration from 50% to 30% due to slowed growth in the Indian EV market. Despite this adjustment, the company still expects its EV penetration to exceed the market's expected 20% by the end of the decade. This information was shared at the Investor Day 2024 on June 11, where the automaker highlighted plans to increase EV penetration within its portfolio to "30 percen...
    GM delays EV motor production at Ontario plant; Unifor voices concerns
    General Motors (GM) has delayed plans to manufacture electric vehicle motors at its St. Catharines Propulsion Plant in Ontario, which has led to Unifor Local 199, the union representing hourly workers, expressing concern. GM has been vague about its plans, stating that it is reassessing the situation at the factory. The factory previously employed about 1,100 workers producing V-6 and V-8 engines and transmissions used in vehicles built in North America. Recently, V-6 output has been halted...
    Scania establishes new charging solutions company Erinion
    Swedish commercial vehicle manufacturer Scania has set up a new electric vehicle-charging solutions company named Erinion, Scania announced June 11. Scania’s strategic move to establish Erinion, which will specialize in private and semipublic charging solutions, aims to build 40,000 new charging points installed at customer locations, the company said. The new EV charging unit Erinion is expected to not only strengthen Scania Group’s electric mobility offer in the future transport ecosyst...
    Daimler Truck launches TruckCharge; new brand to focus on EV infrastructure, charging services in Europe
    Daimler Truck has introduced a new TruckCharge brand, which will oversee the company’s electric vehicle charging infrastructure and electric truck charging services in Europe, the company announced June 11. The electric truck charging services will include consulting, hardware and digital services, the company said. With TruckCharge, Daimler Truck intends to provide customers with a cost-efficient overall package, ranging from energy generation through to vehicle operations, enabling them t...
    BASF to present innovative battery solutions at The Battery Show Europe 2024
    BASF will be showcasing its innovative power solutions at The Battery Show Europe 2024 in Stuttgart, Germany. As a leading solution provider for various battery applications, it will present its range of products designed to enable advancements in battery technologies and future automotive mobility. BASF's portfolio includes cathode active materials (CAM), recycling solutions, engineering plastics for eMobility, busbar technology and particle foam for EV batteries. BASF offers one of the broa...
    Volkswagen China plans to cut costs by 20% over next three years
    Europe’s largest carmaker Volkswagen plans to cut costs in its operations in mainland China, the world’s largest electric vehicle market, by 20% compared to the last year, according to a news report published by Yicai Global on June 4. The report said that VW is looking to reduce these costs over the next three years. The news comes soon after Stellantis CEO Carlos Tavares warned that transition to EVs is a game of severe cost-cutting and that automotive suppliers must figure out how to r...
    Zeekr begins production of electric SUV X, plans deliveries in overseas markets in Q3 2024
    Geely’s premium electric car unit Zeekr has commenced mass production of the right-hand-drive (RHD) variant of its electric sport utility vehicle (SUV) — the Zeekr X — in order to prepare for overseas deliveries later in 2024, according to a news report published by CnEVPost on June 7. Citing a company’s post on Weibo, the report mentioned that Zeekr has started rolling out the first RHD Zeekr X SUVs from its production line, as overseas deliveries of these electric vehicle model...
    Atlante to install EV charging stations at Turin airport in Italy
    Stellantis and NHOA Group-backed charge-point operator (CPO) Atlante has won a tender issued by Sagat SpA, the Italian company responsible for the management and development of Torino Airport, for the construction of electric vehicle charging infrastructure at the Turin Airport, Atlante announced May 31. Atlante plans to install fast and ultrafast-charging stations at Turin Airport. These charging stations will be powered by 100% renewable energy, it said, adding that the 19 electrified stall...
    India-based autonomous driving startup Swaayatt Robots raises $4 million
    Swaayatt Robots, a Bhopal, India-based autonomous driving startup, has raised $4 million from US-based angel investors, at a valuation of $151 million, Sanjeev Sharma, founder of the company, announced on LinkedIn, according to a press release dated June 8. The fundraise was part of a larger round, which would see the startup raise the remainder of the funds at a valuation of $175 million. “Going forward we will be significantly scaling up our research and development (R&D) in all ...
    Volkswagen’s energy brand Elli to build and operate large-scale stationary storage systems
    The Volkswagen Group — Europe’s largest carmaker — is foraying into a new business segment with its electric vehicle charging and energy unit Elli, which plans to develop, build and operate large-scale stationary storage systems together with partners along the value chain, VW announced June 7. VW aims to deploy Elli's industrial energy storage systems to supply customers and for arbitrage transactions on the electricity market in the future. The foray into this new segment will help El...
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