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    China races to lead in ultrafast EV charging technologies
    The race to develop ultrafast chargers for electric cars started around 2022, when at an event, Chinese electric carmaker XPeng launched its S4 ultrafast supercharging technology. At the event in Guangzhou, the company organized a ‘live’ demonstration of charging its electric SUV G9 with its S4 supercharger, which delivered a Chinese light-duty test cycle (CLTC) range of 210 kms in just 5 minutes of charging. It was then Xpeng Chairman and CEO He Xiaopeng took the spotlight and compared t...
    Insights
    CATL lists on Hong Kong Stock Exchange amid global investor interest
    CATL announced that it has listed on the Main Board of the Hong Kong Stock Exchange under the stock code 3750. The global offering included 135 million shares at HK$263 each, marking CATL as the first A-share company to pursue a secondary listing in Hong Kong with a capped issuance price. The stock opened at HK$296 per share, showing a 12.55% increase on its debut day. The offering attracted a wide array of investors from 15 countries, highlighting confidence in CATL's value and the market op...
    News
    Battery materials startup GDI raises $11.5 million to expand silicon anode production for EV batteries
    GDI, a battery materials startup based in New York, raised an additional $11.5 million in Series A funding to expand its production of silicon anodes for electric vehicle batteries in the US and Europe. This latest round of investment was led by Helios Climate Ventures, Impact NY and InnoEnergy, increasing the total Series A funding to over $20 million. GDI said that its silicon anodes have a 30% higher energy density compared to traditional graphite anodes and allow EVs to charge in under 15...
    News
    ChangAn Automobile opens first international NEV production base in Thailand
    ChangAn Automobile, a low-carbon mobility technology company, has launched its first international new-energy vehicle (NEV) production base in Rayong, Thailand, as part of its global expansion under the Vast Ocean Plan. This new facility signifies a shift from simply exporting products to exporting entire industrial ecosystems, incorporating advanced manufacturing systems, research and development processes, and supply chain standards to create a sustainable global operation model. The openin...
    News
    Gotion opens pilot production line for all-solid-state batteries
    Gotion High-Tech, a leading Chinese battery maker, announced advancements in its all-solid-state battery (ASSB) technology, including its installation in electric vehicles for road tests. The company is planning small-scale production of ASSBs by 2027.  Gotion, which refers to its ASSB as the Gemstone battery, officially opened the experimental production line with a 0.2GWh capacity for its Gemstone ASSB battery. The core equipment for Gotion's production is locally sourced and...
    News
    Kumho Tires suspends manufacturing operation at South Korean plant after massive fire
    Kumho Tire suspended operations at its Gwangju facility in South Korea following a fire that ravaged 50-60% of the production lines in one of its key buildings, The Korea Economic Daily reported May 18.  The fire ignited around 7 a.m. on May 17 in the section of the second building where raw rubber is mixed with chemical compounds, as reported by the National Fire Agency. The blaze was brought under control by the afternoon of May 18, resulting in injuries to one individual and two ...
    News
    Hyundai breaks ground on its first manufacturing plant in the Middle East
    Hyundai Motor Manufacturing Middle East (HMMME), a joint venture between Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, and South Korean carmaker Hyundai Motor Co., hosted its groundbreaking ceremony in the King Salman Automotive Cluster, Hyundai announced May 15. The King Salman Automotive Cluster is situated within the King Abdullah Economic City (KAEC). The upcoming vehicle manufacturing plant, which will be Hyundai’s first in the Middle East region, is expected...
    News
    Tesla to begin shipping Cybercab and Semi truck components from China – Reuters
    Tesla is set to begin shipping components from China to the US for the production of its Cybercab and Semi trucks by the end of May following a truce over tariffs, Reuters reported May 14, citing a source with direct knowledge. This development comes after discussions in Geneva led to the de-escalation of trade tensions, immediately affecting business operations. Previously, Tesla had halted these plans when US President Donald Trump increased tariffs on Chinese goods to 145%, disrupting Tesla's...
    News
    IONITY secures €600 million in financing to enhance EV charging infrastructure in Europe
    IONITY, a major provider of ultra-fast electric vehicle charging in Europe, has secured a record-breaking financing package of up to €600 million to expand and future-proof Europe's EV charging infrastructure. This financing includes €450 million in green loan facilities, with the potential to increase the credit line by €150 million for future growth. This loan, the largest in the European EV charging industry to date, is provided by a syndicate of nine international commercial banks, ...
    News
    Automotive Engineering Exposition 2025: JATCO to showcase electric powertrain innovations
    Automotive transmission and electric powertrain specialist JATCO will be participating in the Automotive Engineering Exposition 2025, scheduled to be held next week (from May 21 to 23, 2025), at Pacifico Yokohama, Japan. At the event, JATCO's booth will focus on the theme “The year our electric powertrains and new business lines come to market.” The Japanese supplier will showcase its 3-in-1 and 5-in-1 electrified powertrains for Nissan Motor, which will enter mass production in fiscal ye...
    News
    Forvia HELLA secures €1 billion order for advanced automotive control modules
    As reported in a press release on May 12, FORVIA HELLA has secured a significant customer order from a global premium manufacturer to develop and produce an Advanced Control Module (ACM), with series production set to begin in 2028. Additionally, its Intelligent Power Distribution Module (iPDM) will start series production for another automotive manufacturer by mid-year. The combined order volume for these projects exceeds €1 billion, with production based in Timisoara, Romania, and developmen...
    News
    Porsche Cars North America integrates over 97,000 additional charging points
    Porsche Cars North America, Inc. (PCNA) announced the successful addition of over 97,000 charging stations to the Porsche Charging Service, bringing the total number of stations available to customers in the United States to 102,000, with further expansions planned for 2025. Timo Resch, president and CEO of PCNA, highlighted this as a critical step in Porsche's electric vehicle strategy, emphasizing the importance of providing flexibility and a seamless charging experience for customers purch...
    News
    Honda delays Alliston EV project in Canada due to market slowdown and tariff concerns
    Honda Canada has decided to delay its electric vehicle (EV) project in Alliston, Ontario, by about two years due to the recent slowdown in the EV market. The project included plans for an EV battery plant, a retooled vehicle assembly facility, and additional battery parts facilities in Ontario, aiming to create 1,000 jobs on top of the existing 4,200 at the assembly plant. Originally announced in April 2024, with support from federal and provincial governments, the plant was projected to produce...
    News
    Google to integrate Gemini AI into Android Auto for enhanced in-car experience
    Google announced it will integrate its generative AI, Gemini, into all cars supporting Android Auto in the coming months. The integration aims to boost productivity and enjoyment in vehicles by introducing Gemini to Android Auto and later to cars with Google's built-in operating system. Patrick Brady, Google's vice president of android for cars, during a virtual media briefing, said this development marks a significant shift in the in-vehicle experience. Gemini will e...
    News
    PowerGo launches dynamic EV charging prices in Spain
    PowerGo, a charge point operator in Europe, launched Spain's first dynamic pricing system for electric vehicle charging, where prices vary according to hourly electricity market fluctuations. This system allows EV drivers to save money and plan charging sessions efficiently at more than 50 PowerGo charging points in Spain. The pricing links to the European PowerGo Exchange (EPEX) and reflects electricity supply and demand changes. Prices drop during low demand or...
    News
    Posco Future M to raise $771 million for North American expansion through rights offering
    POSCO Future M Co., a prominent battery materials producer in South Korea, is set to raise 1.1 trillion won ($771 million) through a rights offering to expand its manufacturing capacity in North America amidst a downturn in global electric vehicle demand. The company, an affiliate of POSCO Holdings Inc., plans to use the funds to partly finance the construction of a cathode materials plant in Canada, in collaboration with US automaker General Motors Co., and to expand its facilities in Pohang an...
    News
    Chinese supplier Kingfa invests US$84 million to expand operations in Mexico
    Kingfa, a mainland China-based company specializing in plastic injection and molding parts, plans to invest $84 million to expand its operations in San Luis Potosi, Mexico. This investment involves building a manufacturing, research, and development complex in the Logistik III Industrial Park in the municipality of Villa de Reyes. The planned investment includes $15 million for purchasing a 15-hectare site where the main building and a new warehouse will be built. Kingfa h...
    News
    About 92% of auto parts produced in Mexico comply with USMCA requirements, says INA
    According to Gabriel Padilla, general director of the National Auto Parts Industry (La Industria Nacional de Autopartes: INA), the association of automotive components suppliers in Mexico, about 92% of auto parts manufactured in the country comply with the US-Mexico-Canada Agreement (USMCA) regulations, allowing them to be exempt from tariffs when exported to the US. The remaining 8% face an average tariff of 27%. “We are one of the sectors with the highest level of compliance with the USMC...
    News
    Ford to cut 350 connected-vehicle software jobs in US and Canada
    Ford Motor Co. is reducing its connected-vehicle software workforce by about 350 positions in the US and Canada to better align employee skills with company goals. This amounts to approximately 5% of its connected-vehicle software team. The affected employees, notified starting Tuesday, are involved in projects related to Ford and Lincoln Digital Experiences and the latest infotainment software in Ford vehicles. Ford aims to enhance brand loyalty and generate subscription revenue through in-vehi...
    News
    CATL plans largest global listing in 2025 with Hong Kong IPO
    Mainland Chinese battery manufacturer CATL is set to raise at least HK$31.01 billion ($3.99 billion) through its Hong Kong listing, the largest global listing in 2025 so far. The company plans to sell 117.9 million shares at a maximum offer price of HK$263 per share. The total deal size could potentially reach about $5.3 billion if certain options are exercised. More than 20 cornerstone investors, including Sinopec and the Kuwait Investment Authority, have committed $2.62 billion for CATL sha...
    News
    Gravity to install fast-charging stations across greater Los Angeles
    Gravity, a US-based electric vehicle charging hardware and software solutions provider and site operator, has announced the launch of an initial network of eight high-speed EV charging sites that it plans to set up across greater Los Angeles. These sites will provide 500-kW charging capabilities, nearly double the speed of Tesla Superchargers, and will be located in areas such as Pacific Palisades, Long Beach, Manhattan Beach and East Pasadena. The first locations are expected to open in 2025...
    News
    VW subsidiary Scout Motors to use engines from VW’s Silao plant in Mexico
    Scout Motors, a subsidiary of Volkswagen, plans to use internal combustion engines (ICEs) that are produced at VW's manufacturing plant in Silao in Mexico, to extend the range of certain model variants. Although the specific engine model was not disclosed, it will be a naturally aspirated, non-turbocharged engine from Volkswagen's Bajío, Mexico, plant. The report, which cites VW CFO Arno Antlitz, said that Scout's strategy entails rolling out vehicles that are battery-electric vehicles ...
    News
    PCIM Europe 2025: Novosense showcases semiconductor solutions for automotive applications
    NOVOSENSE Microelectronics, a provider of analog and mixed-signal chips, showcases its solutions at PCIM Expo & Conference 2025 in Nuremberg, Germany, according to a press release on May 7.  Since its establishment in 2013, NOVOSENSE has achieved key milestones of shipping over 668 million automotive chips by 2024, acquiring MagnTek to bolster magnetic sensor expertise, and achieving ISO26262 ASIL D 'defined-practiced' certification for functional safety.  Automotive Electron...
    News
    Britain announces $1.3 billion funding for AESC gigafactory in Sunderland
    Britain has announced a £1 billion funding deal for a new gigafactory by Japanese-headquartered battery-maker AESC, which will be constructed in Sunderland, northern England. This facility is expected to produce electric vehicle batteries for up to 100,000 EVs annually, significantly increasing current capacity. Finance Minister Rachel Reeves emphasized the role of this investment in strengthening industry resilience and promoting sustainable transport while also creating high-quality jobs. ...
    News
    Milence opens its second megawatt-charging hub in the Netherlands
    Milence, the collaborative venture between Daimler Truck, the Traton Group and Volvo Group, announced the opening of its second public charging hub for electric trucks in the Netherlands. Located at Business Park Hessenpoort in Zwolle, this new facility not only enhances Milence’s network in the region but also introduces the first Megawatt Charging System (MCS) available for public use in the country. Strategically positioned near the A28 and A50 highways, the Zwolle hub provides cruc...
    News
    Mitsubishi to launch next-generation Nissan Leaf-based battery-electric vehicle in North America in 2026
    Mitsubishi Motors North America, Inc. (MMNA) announced, as part of its Momentum 2030 strategy for the US market, plans to introduce a new battery-electric vehicle (BEV) from its partner, Nissan Motor Co. Ltd. This BEV will be based on the next-generation Nissan LEAF and sold alongside Mitsubishi's Outlander Plug-in Hybrid, the first plug-in hybrid sport utility vehicle. The launch aligns with Mitsubishi's plan to introduce a new or significantly revised vehicle annual...
    News
    Xiaomi SU7 Ultra owners demand refunds over non-functional carbon fiber hood
    Hundreds of Xiaomi SU7 Ultra owners and potential buyers are demanding refunds after discovering that the vehicle's premium carbon fiber hood, featuring dual air ducts and marketed as a 42,000 yuan (about $5,800) optional feature, is largely decorative rather than functional. The controversy began in early May when automotive bloggers tested the "carbon fiber dual air duct hood" that Xiaomi had promoted as having a "track-level cooling design." These tests revealed that the air ducts produced li...
    News
    L&F increases 2025 cathode shipment target amid growing NCMA95 demand
    L&F announced an increase in its annual cathode material shipment target for 2025 by 40% year over year due to rising demand for its nickel cobalt manganese aluminum (NCMA95) cathode product. This surpasses the initial 30% target set earlier this year. The company attributes this increase to robust sales of new electric vehicle models from its North American customers, despite slowing overall demand for EVs. In the second quarter, L&F expects a 70% growth in shipments compared to the ...
    News
    Nissan cancels $1.1 billion EV battery factory plan in Japan's Kyushu
    Nissan Motor has decided to abandon its plan to build a $1.1 billion electric vehicle battery factory on Japan's southwestern island of Kyushu. This decision represents the latest shift in strategy for the automaker, which had initially announced the project in January. The plan involved constructing a lithium iron phosphate (LFP) battery plant in Kitakyushu City, an initiative that was expected to create approximately 500 jobs with a significant investment of ¥153.3 billion (about $1.05 billio...
    News
    Geely proposes to delist Zeekr a year after it went public in the US
    Geely Automobile Holdings is proposing to take its premium electric vehicle unit Zeekr private, a year after Zeekr's public debut in the US. Geely has submitted a non-binding offer to Zeekr on May 7 to acquire all issued and outstanding shares and American depositary shares (ADS) at $2.57 per share or $25.66 per ADS. According to the company, this offer represents a 13.6% premium to Zeekr's recent closing price in the US and a 20.0% premium to its volume-weighted average price over ...
    News
    Autel showcases EV charging innovations at Power2Drive Europe 2025
    Autel, a global supplier of electric vehicle charging technology, presented a full array of its DC and AC charging systems at the Power2Drive Europe event at Messe München from May 7–9. The company showcased its latest high-performance solutions, including the MaxiCharger MCS Dispenser II and MaxiCharger DH480, alongside the MaxiCharger Single Charger. These innovations highlight Autel's commitment to offering practical, future-oriented infrastructure solutions to meet the shifting demands of...
    News
    Hyundai deploys private cloud platform to enhance in-car experience
    Hyundai Motor Group is deploying its dedicated private cloud platform, HCloud, within Equinix data centers worldwide to enhance the customer experience and improve service quality for its over 10 million connected car service subscribers. HCloud was developed by the Group to meet the growing demand for real-time data processing, seamless connectivity and scalable infrastructure due to advancements in connected and autonomous vehicles. By utilizing Equinix International Business Exchange data cen...
    News
    Waymo partners with Magna for new autonomous vehicle production facility in Arizona
    In a press release on May 5, Waymo is establishing a new autonomous vehicle factory in Metro Phoenix, developed in partnership with Magna. This facility will produce Jaguar I-PACEs equipped with Waymo's fully autonomous technology, contributing to the local economy by creating hundreds of jobs in Mesa, Arizona. Waymo One offers over 250,000 paid trips weekly across cities such as Phoenix, San Francisco, Los Angeles and Austin, Texas. The company plans to introduce its fully autonomous ri...
    News
    WeRide launches commercial Level 4 autonomous robo-bus service in Guangzhou
    In a press release on May 2, WeRide has initiated a paid commercial service featuring its Level 4 autonomous robo-bus in central Guangzhou. The development signifies the launch of the first fare-charging autonomous bus line in the downtown area, representing a key step toward the broader commercialization of WeRide's Level 4 autonomous vehicles. Guangzhou, a city known for its complex and congested traffic conditions, is being navigated efficiently by WeRide's robo bus. The service is designe...
    News
    Novo Energy cuts 50% of workforce amid economic challenges and partner bankruptcy
    Novo Energy, the battery company co-owned by Volvo Cars, announced a 50% reduction in its workforce, cutting an additional 150 jobs due to the bankruptcy of its former partner, Northvolt. This decision follows a January reduction of 30% of its staff as part of ongoing cost-cutting measures. Northvolt and Volvo Cars originally formed Novo Energy in 2021 to establish a battery factory in Gothenburg, Sweden, but current economic challenges have hindered operations. Novo Energy CEO Adrian Clar...
    News
    Xpeng plans to roll out own brand of fast chargers in Australia
    Continuing to expand its offerings globally, Chinese electric-car maker Xpeng plans to launch its own brand of electric vehicle chargers in Australia later in 2025, according to a news report published by Australian automotive publication Drive on May 3. Post its launch in Australia, Xpeng also plans to roll out its own brand of EV chargers in other key markets globally, the report said. Meanwhile in Australia, Xpeng will launch its own brand’s ultrafast chargers, which deliver peak powe...
    News
    Siemens launches Depot360 Home Charging Reimbursement in the US
    Siemens has introduced Depot360 Home Charging Reimbursement in the US as part of its Managed Services portfolio, aimed at fleet operators. This service uses vehicle telematics data and geofencing to monitor and accurately identify home-charging sessions, offering a reimbursement solution that reduces operational costs and capital investments. The service benefits fleet operators by eliminating the need for networked chargers and dedicated meters, enabling reimbursement solely for company flee...
    News
    OBD2Technology expands global automotive diagnostics with new products and expert support
    OBD2Technology, a company established in mid-2021 and located in Cheyenne, Wyoming, is enhancing the global automotive diagnostics industry with new product releases and expanded support. The company offers a range of products including automotive diagnostic software, parts and workshop catalogs, and tuning programs, and provides free expert support. Its latest product additions include the VGATE iCar2 ELM327 OBDII scanner, the SQU OF68 Universal Car Emulator and the Carprog Full Firmware V8.21....
    News
    Ford halts project to develop next-generation EV architecture – report
    Ford Motor has terminated the development of its next-generation electrical architecture, known internally as FNV4, which was aimed at enhancing vehicle software functions to compete with electric vehicle companies such as Tesla, according to Reuters. The project, which began with substantial investment to streamline software functions, was discontinued due to escalating costs and delays. Despite this, Ford will integrate the lessons learned into its current software system, with a continued foc...
    News
    ADS-TEC Energy secures $50 million for expansion in Europe and North America
    ADS-TEC Energy, a company known for its battery-based energy storage and ultrafast electric vehicle charging solutions, has secured up to $50 million in growth capital from institutional investors. This funding will be provided in two tranches of $15 million and $35 million, facilitating the company's expansion in Europe and North America, and supporting the transition to a full-service provider model that includes ultrafast charging, energy trading and advertising. The company has exclusive ...
    News
    Forge Nano secures $40 million to expand US battery and semiconductor operations
    Forge Nano Inc., a technology company specializing in battery and semiconductor innovations, has secured $40 million in new funding to scale its US operations. This funding round was led by RockCreek and Ascent Funds, with participation from Top Material, Orion Infrastructure Capital and existing investors. RockCreek joins other shareholders such as GM Ventures, Volkswagen, LG Technology Ventures and Hanwha, bringing Forge Nano's total capital investment to over $140 million. Paul L...
    News
    Li-Cycle announces leadership changes and operational adjustments amid sale exploration
    Li-Cycle Holdings Corp., a global lithium-ion battery resource recovery company, announced changes in its leadership and operations. In leadership changes, Ajay Kochhar will step down from his roles as president and CEO to become a senior advisor by May 15. Kochhar, who co-founded Li-Cycle in 2016, has played a significant role in the company's growth and development. William Aziz has been appointed as chief restructuring officer, bringing over 35 years of experience in corporate restructurin...
    News
    BMW completes construction of central production building at its upcoming battery plant in Irlbach-Straßkirchen, Germany
    German premium-car maker BMW announced April 30 that it has completed the construction of the central production building at its upcoming high-voltage battery manufacturing plant in Irlbach-Straßkirchen, in the Lower Bavaria region in Germany. While the construction work will continue to build other facilities at the upcoming site, the central production building was built in 12 months. BMW received planning permission for the new battery manufacturing plant at the site in April 2024. ...
    News
    German battery cell manufacturer CustomCells files for insolvency
    German battery cell manufacturer CustomCells filed for insolvency proceedings for its key operational units in Itzehoe, Germany, and Tübingen, Germany, following financial difficulties caused by the insolvency of its primary customer, Lilium. The Kiel court appointed attorney Malte Köster from the law firm WILLMERKÖSTER as the preliminary insolvency administrator. The insolvency primarily affects the operating companies, while CustomCells Group's holding company. Lilium's...
    News
    Charge+ launches first DC fast charger in Singapore's HDB carpark
    Charge+ has launched Singapore's first DC fast charger in a Housing & Development Board (HDB) surface carpark at Boon Lay Place Market, marking a significant milestone in enhancing the nation's electric vehicle charging infrastructure. The introduction of DC chargers in HDB areas aims to cater to EV drivers who require faster charging solutions due to above-average driving distances, providing more convenience and accessibility in high-traffic locations. Following the launch, Charge+...
    News
    BC Hydro triples its EV charging network in last one year
    BC Hydro, the state-owned utility company in British Columbia, achieved a significant milestone by tripling its electric vehicle public fast-charging network over the past year, reaching 591 charging ports across British Columbia. This expansion is part of BC Hydro's commitment to promote the adoption of EVs in the province, with support from partners such as the Minister of Energy and Climate Solutions Adrian Dix. British Columbia has one of the fastest-growing EV communities in North Ame...
    News
    Toyota Motor explores buying out Toyota Industries for $42 billion
    Toyota Motor is exploring the possibility of investing in a potential buyout of Toyota Industries, Reuters reported April 27. “We are currently exploring various possibilities, including partial investment,” the Japanese automaker confirmed in a regulatory filing with the Tokyo Stock Exchange on April 26. Meanwhile, a report from Bloomberg on April 25 said that Akio Toyoda, chairman of Toyota Motor, and his founding family have proposed to acquire Toyota Industries for ¥6 trillion (...
    Briefing
    Volkswagen and Uber partner to introduce autonomous ID. Buzz vehicles on Uber platform
    In a press release on April 24, Volkswagen Group of America's autonomous mobility subsidiary, Volkswagen ADMT LLC, and Uber Technologies Inc. have announced a strategic partnership to deploy a fleet of fully electric, autonomous ID. Buzz AD vehicles across multiple US markets over the next decade, starting with Los Angeles. Testing of these vehicles is set to begin later in 2025, with a commercial launch expected in Los Angeles by 2026. Initially, human operators will be onboard the ID. ...
    News
    Greenlane opens its flagship charging hub in Colton, California
    In a significant step toward enhancing public commercial electric vehicle charging infrastructure, Greenlane has officially opened its first advanced charging site, strategically located at the intersection of Interstates 215 and 10, situated in Colton, California. This milestone comes alongside the announcement of its first commercial fleet customer, Nevoya, a pioneering zero-emissions electric trucking carrier and logistics platform in the US. The development of the charging site was partia...
    News
    Stellantis planning to launch Leapmotor EVs in India by year-end
    Stellantis is planning to introduce electric vehicles developed by its Chinese partner, Leapmotor, to the Indian market by the end of 2025. Tianshu Xin, head of China operations for Stellantis and CEO of Leapmotor International, highlighted India's potential due to the size of its automotive market. Although the specific models for the Indian market were not disclosed, and details about whether the vehicles will be exported or assembled locally remain unclear, Stellantis has considered using ...
    News
    Auto Shanghai 2025: Visteon and Volcano Engine unveil AI-powered smart cockpit solution
    At the Auto Shanghai 2025, Visteon and China's Volcano Engine, a cloud service platform under ByteDance, have unveiled an AI-powered smart cockpit solution. The innovation integrates Visteon's high-performance domain controller with Volcano Engine's Doubao large language model, aiming to transform the in-vehicle user experience and promote smarter, personalized mobility. As vehicles become more intelligent and connected, consumer expectations have shifted toward more immersive and seamless human...
    News
    Kia gains access to over 21,500 DC Tesla chargers in North America
    South Korean carmaker Kia said that its electric vehicle owners in the US now have access to over 21,500 DC fast chargers within the Tesla Supercharger network, in addition to the more than 22,000 accessible chargers in other networks. As a result, Kia's EV customers now have access to more than 40,000 DC fast charging stations across the country. This development enhances convenience and reduces range anxiety for Kia EV customers, particularly those with vehicles equipped with standard ...
    News
    Zhejiang Huayou Cobalt replaces LG Energy Solution in Indonesian EV battery project
    China's Zhejiang Huayou Cobalt is set to replace South Korea's LG Energy Solution (LGES) as a strategic investor in a significant electric vehicle battery project in Indonesia, according to the country's Energy and Mineral Resources Minister Bahlil Lahadalia. LGES recently announced its withdrawal from the project, which is valued at 142 trillion rupiah (about $8.42 billion). Indonesia aims to leverage its abundant mineral resources by developing domestic industries for battery production and EV...
    News
    Continental names Automotive Group Sector business as Aumovio
    Continental has decided to name its Automotive Group Sector business, which is set to become an independent company, Aumovio, the company announced on the sidelines of Auto Shanghai 2025. According to the Germany-based supplier, the new name embodies a strong market position, rich heritage and technological expertise, all aimed at transforming the future of mobility through innovative solutions. Pending approval at the Continental annual shareholders' meeting on April 25, Aum...
    News
    Auto Shanghai 2025: ZF showcases range extender for electric drives, connected chassis
    Germany's automotive component supplier ZF is making a significant impact at the ongoing Auto Shanghai 2025, which is being organized in Shanghai between April 23 and May 2. The international motor show highlights advancements in passenger cars, commercial vehicles and charging infrastructure, bringing together key stakeholders to promote sustainable mobility. As one of the world’s leading automotive suppliers, ZF is committed to investing in the growth of the Chinese market and the broader...
    News
    South Korean battery, material companies reevaluate investments amid global trade conflicts
    South Korean battery manufacturers and battery material suppliers are reevaluating their global investment strategies in response to changing market dynamics and geopolitical influences, according to a news report published by Business Korea on April 21. Citing unnamed industry sources, the report mentioned that EcoPro BM has suspended construction of its cathode active material (CAM) factory in Quebec, following Ford’s withdrawal from the joint venture in November 2024. The CAM factory pro...
    News
    LG Electronics exits EV charger business amid global demand stagnation
    LG Electronics Inc. has decided to exit the electric vehicle charger business due to a prolonged stagnation in global demand within the EV market, according to a report by Yonhap. As a result, LG's EV charger-manufacturing subsidiary, HiEV Charger, will be liquidated. Employees involved in this division will be reassigned to other areas within the company. Despite this move, LG Electronics confirmed that it will continue providing maintenance services to its existing clients. LG entered the E...
    News
    CATL launches second generation of Shenxing battery, new sodium-ion battery brand
    China's CATL has introduced a new sodium-ion battery brand named Naxtra, which is set to enter mass production by December. This launch marks CATL's ongoing efforts in advancing battery technology, following its initial introduction of sodium-ion batteries in 2021. Sodium-ion batteries present a cost-effective alternative due to their cheap and abundant raw material, sodium, which also potentially reduces fire risks in electric vehicles. The new Naxtra batteries achieve an energy density of 1...
    News
    LG-led consortium withdraws from $7.7 billion EV battery project in Indonesia
    A consortium led by LG has decided to withdraw from a project valued at approximately 11 trillion won (about $7.7 billion) aimed at establishing an electric vehicle battery supply chain in Indonesia. The consortium, which includes partners such as LG Energy Solution, LG Chem and LX International Corp., had been collaborating with the Indonesian government and state-owned enterprises to create an "end-to-end value chain" for EV batteries. This initiative was intended to encompass the entire pr...
    News
    BYD forays into Czech Republic and Slovakia as part of EU expansion strategy
    Continuing to expand its footprint in Europe, Chinese carmaker BYD has forayed into the passenger car markets of the Czech Republic and Slovakia. The initial offerings in these countries include the all-electric Sealion 07 electric vehicle and the hybrid Song Plus DM-i sport utility vehicle, locally rebranded as Sealion 7 and Seal U DM-i, respectively. By the end of 2025, BYD aims to establish 30 stores in the Czech Republic and 20 in Slovakia. The company has already opened its first store i...
    News
    Panasonic Automotive Systems joins the Linux Foundation as a Gold Member
    Panasonic Automotive Systems (PAS) has joined the Linux Foundation as a Gold Member, aiming to enhance its open-source engagement and initiatives both in Japan and globally. PAS, established in April 2022, operates under the Panasonic Group and focuses on automotive systems that contribute to comfortable, safe and secure vehicles. The Linux Foundation, a nonprofit organization that promotes open source innovation, welcomed PAS, highlighting its role in automotive innovation and collaborative sof...
    News
    Hyundai halts EV production due to low demand and US tariffs
    Hyundai Motor reportedly plans to temporarily suspend the production of some electric vehicles in South Korea due to slow demand and US tariffs, according to Reuters, which cited a report by Yonhap news agency. The automaker is expected to halt operations on certain production lines at its Ulsan, South Korea, complex, where it manufactures the Ioniq 5 and Kona EVs, from April 24–30. This suspension is attributed to a sharp decline in EV orders from major markets following the removal o...
    News
    South Korean battery firms rethink partnerships with mainland Chinese companies amid rising geopolitical tensions
    South Korean battery firms are reconsidering joint ventures with mainland Chinese companies amid rising geopolitical tensions and market uncertainties, a Business Korea report said on April 17, citing industry sources. According to the report, LG Energy Solution has postponed plans to establish a battery recycling JV with mainland China's Huayou Cobalt. The plan was to set up processing plants in Nanjing and Quzhou in mainland China, with construction starting in the latter half of 2023 and o...
    News
    South Korea boosts semiconductor industry with $23.25 billion support package
    South Korea announced an increase in its support package for the country's critical semiconductor industry, raising the amount to 33 trillion won (about $23.25 billion), which marks a significant increase from the previously unveiled package of 26 trillion won, according to a report published by Reuters on April 15. This decision comes in the wake of growing policy uncertainty under the current US administration and increasing competition from mainland Chinese rivals. To address these chall...
    News
    Nyobolt secures $30 million to advance ultrafast-charging technologies
    Nyobolt, a leading developer of high-power, ultrafast-charging technologies, recently raised $30 million in funding to accelerate the advancement of its proprietary technology, market expansion and team growth, and to strengthen its position as the industry leader in ultrafast-power systems. The funding round was led by IQ Capital and Latitude, with contributions from strategic partners such as Scania Invest and Takasago Industry, bringing the total funding raised by Nyobolt to $100 million. ...
    News
    Sila begins commissioning of its Moses Lake plant in the US
    Sila Nanotechnologies, a next-generation battery materials company based in the US, announced April 15 that it has begun the commissioning phase for its first auto-scale manufacturing plant in Moses Lake, Washington. This first processing unit starting commissioning marks a major event in the plant’s construction and start-up process at the facility, it said. According to Sila, the commissioning stage verifies that all systems and components are working correctly to ensure successful ope...
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    Luminar forms Automotive Council to boost global safety efforts
    As reported in a press release on April 16, Luminar has unveiled its new initiative called the Luminar Automotive Council (LAC). This council is an assembly of executive advisors set to guide Luminar in its growth endeavors and support its international objective of improving automotive safety. The LAC is composed of seasoned professionals from various domains such as automotive, government and other related areas, boasting extensive backgrounds from leading organizations such as Mercedes-B...
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    Auto Shanghai 2025: Continental to unveil automated driving and light projection tech
    In a press release on April 15, Continental announced that it will highlight its innovations aimed at transforming future mobility through software-defined vehicle technologies, focusing on safety, autonomy and sustainability at Auto Shanghai 2025. During a press conference scheduled for April 23, Philipp von Hirschheydt, an executive board member responsible for the Group Sector Automotive, will reveal the name of an independent Automotive company that will emerge from Continental's planned spi...
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    Hyundai Motor launches task force to develop EV batteries
    South Korean automaker Hyundai Motor Group has initiated a strategic move to advance its electric vehicle battery technology by establishing a specialized unit, the B Task Force (TFT), within its manufacturing division on April 7. This decision comes in response to the recent unveiling by the mainland Chinese EV manufacturer BYD of a significant battery innovation that enables over 400 km of range after just a five-minute charge. Hyundai's creation of the B TFT aims to enhance long-term batte...
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    Vianode secures loan commitment from government-backed Innovation Norway
    Oslo, Norway-headquartered advanced battery materials company Vianode announced April 15 that it has secured 400 million kroner (about $37.75 million) as a loan commitment from government-backed Innovation Norway. The company said that it plans to invest these funds in Norway to strengthen its research and development (R&D) capabilities and platform for establishing regional high-performance, low-emission electric vehicle and battery value chains. According to Vianode, the loan wi...
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    ABC Technologies completes acquisition of TI Fluid Systems
    ABC Technologies has successfully completed the acquisition of TI Fluid Systems for an enterprise value exceeding £1.8 billion. The company has also decided to rebrand the combined business as TI Automotive, saying the new name aligns with both companies' legacies of outstanding engineering, employee dedication and customer service. The merger, first announced in November 2024, unites two companies that are highly complementary, establishing a more robust and diverse tier 1 manufacturer...
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    Kia unveils ambitious Plan S strategy targeting 4.19 million sales by 2030
    At its CEO Investor Day in Seoul, South Korea, on April 9, Kia Corp. revealed its updated Plan S strategy, setting ambitious goals for the mid-to-long term, including achieving global sales of 4.19 million units by 2030, with 2.33 million of these being hybrid and electric vehicles. Kia's strategy emphasized diversification with the introduction of new models such as purpose-built vehicle (PBVs) and pickup trucks. Ho Sung Song, Kia's CEO, emphasized the company's transformation since 2021 toward...
    Briefing
    PolyCera secures phase two of Tibet’s Lithium Extraction project
    PolyCera has been selected for the second phase of the Salt Lake Lithium Extraction project in Tibet, marking a significant expansion in the project's capacity, now exceeding 100,000 cubic meters per day (m³/d). This progression underscores PolyCera's pivotal role in the renewable energy sector, building on its phase one success where it established an advanced membrane system with a 1,900 cubic meters per hour (m³/h) capacity. Phase two aims to increase capacity by 2,300 m³/h, target...
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    General Motors to cut production of all-electric BrightDrop vans in Canada
    General Motors (GM) has announced a significant reduction in the production of its all-electric BrightDrop delivery vans at the CAMI assembly plant located in Ingersoll, Ontario. This adjustment involves cutting down from two shifts to one and will lead to the elimination of 500 jobs. The plant will undergo a temporary idle starting in May for approximately 20 weeks until October, with battery pack assembly also being paused for the weeks of April 21 and April 28, ahead of this shutdown. GM c...
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    Tesla opens world’s largest charging park at Giga Berlin
    Tesla’s Gigafactory in Berlin — Tesla Giga Berlin — hosts the world’s largest free electric vehicle charging park, according to a report published by Teslarati on April 11. The report cites the finding by the German Automobile Association (ADAC), which said that automaker’s facility in Grünheide houses a sprawling network of 546 charging stations. It further said that Tesla Giga Berlin became the largest free EV charging park after surpassing an EV charging hub situated in Merkling...
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    Onsemi drops plans to acquire Allegro MicroSystems; withdraws offer
    ON Semiconductor (Onsemi) has shelved its plans to acquire Allegro MicroSystems and withdrawn its all-cash offer of $35.10 per share to buy all outstanding shares of Allegro. Instead, the US chipmaker will focus on existing opportunities to enhance stakeholder value. The company also plans to continue allocating funds to its share buyback program. “While we continue to believe that a combination with Onsemi would be beneficial to all stakeholders of both companies, after...
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    Auto Shanghai 2025: Valeo to present innovations in smart electrification, ADAS, lighting and sustainable mobility
    At the upcoming Auto Shanghai 2025, scheduled to be held from April 23 to May 2 in Shanghai, Valeo will present its innovations across four strategic areas of smart electrification, advanced driver assistance systems and user experience, lighting styling, and commitment to sustainable mobility. In the field of smart electrification, Valeo will present an ultracompact On-Board Charger and DC-DC Converter Combo ready for bidirectional charging; the Predict4Range software capable of boosting ran...
    News
    Motherson plans cost optimization at European sites to improve operational efficiency
    Samvardhana Motherson India Ltd. (SAMIL) has launched cost-optimization measures to improve operating efficiency. The leading automotive supplier from India has initiated the restructuring measures in Central and Eastern Europe through its wholly owned subsidiary, Samvardhana Motherson Automotive System Group (SMRP BV). SAMIL has acquired 23 companies since 2000, becoming India’s largest automotive supplier with a strong international presence. The optimization measures will inclu...
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    Webasto announces major restructuring at German sites that will impact 650 jobs by 2025
    On April 2, Webasto announced a major restructuring program aimed at enhancing its efficiency and competitiveness. This program calls for the reduction of about 650 jobs in Germany by the end of 2025. The decision, resulting from intensive negotiations between Webasto's management and employee representatives, aims to adapt to market developments and secure the company's long-term future. “This was a tough decision, but one that was also unavoidable for Webasto due to the market development...
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    Hyundai Mobis hosts fourth Mobis Mobility Day in Detroit
    Hyundai Mobis hosted its fourth annual Mobis Mobility Day in Detroit to underline its commitment to forging future mobility technology alliances in North America. The event, themed "Mobis in Global," was designed to showcase the company's business vision, investment achievements and its dedication to innovation within the global automotive industry, particularly focusing on software-defined vehicles (SDVs), electrification and automotive electronics. Unlike the first three editions of the Mob...
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    Continental introduces sustainable key fob made from bioplastic
    Continental has developed a sustainable key fob that uses 100% bioplastic for its outer casing. This innovation is part of Continental's broader commitment to environmental sustainability, following the company's internal adoption of a design for the environment procedure in 2021. This procedure helps in identifying opportunities for enhancing product sustainability and has steered Continental toward incorporating organic materials in its production processes. “Continental is committed...
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    Zoox expands autonomous vehicle testing to Los Angeles
    In a press release on April 9, Zoox, a subsidiary of Amazon focused on autonomous technology, announced plans to extend its testing operations to Los Angeles, which will serve as the company's second testing location within California, US, and its sixth overall. The initial phase of this expansion involves collaboration with local and state officials, along with regulators, followed by the deployment of a small fleet from its modified test vehicles equipped with safety drivers. These vehicles wi...
    News
    Nuro secures $106 million funding at $6 billion valuation
    Nuro, an autonomous driving technology startup, announced a valuation of $6 billion after securing $106 million in its most recent funding round, supported by T Rowe Price Associates, Fidelity Management and Research, Tiger Global, Greylock Partners, and XN, in a report published by Reuters on April 9. The valuation marks a decrease from its last funding round over three years ago, which valued Nuro at $8.6 billion during a venture-capital boom. The adjustment in valuation follows a peri...
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    Ford Motor offers free home chargers with its new electric cars in the UK
    Ford Motor Co.’s UK subsidiary has launched a new marketing initiative wherein it is offering a free home electric-car charger and a free standard installation service to each customer of its electric vehicles in the UK, the company announced April 8. The initiative, which is part of Ford’s Power Promise in the UK, is aimed at encouraging buyers to switch to EVs. The move is in line with a recent Ford survey of 5,000 drivers across Europe. The survey found that 25% of customers feel more ...
    News
    Endesa opens Spain’s second most powerful EV charging hub in Catalonia
    Endesa, one of the largest utility companies in Spain, has opened its most powerful electric vehicle charging hub in Catalonia, Spain, according to a news report published by Mobility Plaza on April 8. The report mentioned that Endesa’s newly inaugurated EV charging hub is situated at the shopping center named Parc Vallès and is the second most powerful in the country. It is located just about 27 km from Barcelona. The hub offers a total capacity of 1.6 MW and features 30 charging ...
    News
    Barrell Energy seeks expansion in Texas lithium brine sector with Series A funding round
    Barrell Energy Inc. has initiated a Series A funding round for its portfolio company, Barrell Lithium LLC, aiming to significantly expand its land position within the Smackover lithium brine play in East Texas, US. This move follows a successful seed funding round completed in November 2024, and plans to extend its leasehold to about 40,000 acres. Kirk Barrell, president of Barrell Energy, highlighted the acquisition of additional acreage across three core prospect areas post-seed fundin...
    News
    SWTCH secures UL certification for its Cortex energy management solution
    SWTCH Energy, a prominent provider of electric vehicle charging solutions for multifamily and commercial properties, has announced that its SWTCH Cortex energy management technology has received UL Certification. This certification signifies adherence to stringent electrical safety standards and regulatory compliance, allowing property owners to install an unlimited number of EV charging stations without the need for electrical infrastructure upgrades. This advancement effectively removes a majo...
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    U Power showcases its battery-swap station at 2025 Bangkok Motor Show
    U Power, a leader in green smart energy solutions, has made a significant stride in expanding its presence in Southeast Asia by successfully demonstrating its UOTTA battery-swap station at the 2025 Bangkok International Motor Show. The battery-swap station showcased during the event is set to transition into full commercial operation through a partnership with Susco, marking the establishment of the first operational battery-swap infrastructure in Southeast Asia. This initiative aims to facil...
    News
    Continental plans to spin off ContiTech business into an independent company
    The executive board of Continental has decided to spin off its ContiTech group sector business into an independent company, the Germany-based company said in a press release on April 8. The company has kicked off the preparatory phase, which it said would involve “analyzing and assessing the possible transaction forms for independence and drawing up a timetable for implementation.” ContiTech is expected to become an independent company by 2026. ContiTech develops and produces rubber and p...
    Briefing
    DeepRoute.ai unveils Vision-Language-Action model at Seoul Mobility Show
    As reported in a press release on April 8, DeepRoute.ai is participating in the 2025 Seoul Mobility Show, which marks a notable step in its global expansion efforts. At the event, the company is presenting its Vision-Language-Action (VLA) model, which is set to be integrated into more than five vehicle models in 2025. This technology aims to assist global automakers in developing AI-driven mobility solutions. Established in 2019 by Maxwell Zhou, DeepRoute.ai is based in Shenzhen, mainlan...
    News
    Instavolt installs new ultrafast EV chargers in Middlesbrough, UK
    Instavolt, a leading public electric vehicle charging service provider in the UK, announced April 8 that it has set up a brand-new, ultrarapid-charging facility at McDonald’s in Middlesbrough, UK. The site is located off the A66 and Cargo Fleet Lane, can be easily accessed, and is situated close to local amenities nearby. Instavolt’s newly installed EV chargers can provide a power output of 160 kW, which the charge-point operator (CPO) said can charge an EV significantly in about 20 ...
    News
    LG Energy Solution’s Arizona plant to meet demand for US-made batteries
    LG Energy Solution’s (LGES) upcoming Arizona plant in the US will be able to meet the increasing demand from US-based carmakers for locally produced batteries, according to a news report published by The Korea Times on April 6. The report cited the country’s largest battery-maker, which provided an update on the ongoing construction of its cylindrical battery plant in Arizona, US, on April 6. LGES provided an update on its readiness to meet the growing demand for locally produced EV batte...
    News
    TS Tech and Krishna Group announce JV for seats and automobile parts in India
    In a press release on April 4, TS Tech Co. Ltd., based in Asaka-shi, Saitama, Japan, and led by President Masanari Yasuda, announced its decision to establish a joint venture with the Krishna Group in India, following a board of directors meeting on March 27. The agreement for this JV, named Krishna TS Tech Auto. Pvt. Ltd., was signed on April 3. This strategic move is part of TS Tech's 15th Medium-Term Management Plan aiming to expand its presence in the burgeoning Indian market and enhance its...
    News
    Aurrigo International debuts Auto-Cargo autonomous airside vehicle
    In a press release announcement on April 3, Aurrigo unveiled its autonomous technology, Auto-Cargo, in Coventry, UK, through a joint project with Innovate UK, Centre for Connected and Autonomous Vehicles (CCAV), UPS and East Midlands Airport. This vehicle offers a zero-emission alternative capable of autonomously transporting payloads up to 16,500 kg. Auto-Cargo distinguishes itself with features such as precision automation, advanced obstacle detection and real-time fleet coordination, ...
    News
    Wallbox hits 100,000 EV charger milestone at Texas plant
    Wallbox, a prominent player in electric vehicle charging and energy management solutions, has achieved a significant milestone by manufacturing over 100,000 EV chargers at its Arlington, Texas, facility. This achievement arrives just over two years following the commencement of the plant's operations at the end of 2022. The facility spans 130,000 square feet and is dedicated to the production of Wallbox's Pulsar family chargers for the North American market. This strategic localization aims t...
    News
    Hyundai Mobis expands R&D center in Hyderabad to boost automotive software development
    Hyundai Mobis has announced the expansion of its Indian research and development center in Hyderabad, Telangana, striving to enhance its automotive software development capabilities. This move aims to consolidate two previously separate R&D centers into a singular, large-scale base, making it a strategic hub for software strategy with a focus on the growing importance of software in the automotive industry, particularly for electric vehicles and sport utility vehicles. The company seeks to s...
    News
    CATL in talks to buy controlling stake in Nio Power
    The world’s largest battery-maker, CATL, is in talks to buy a controlling stake in Nio Power, the power unit of Shanghai-headquartered electric-car maker Nio, according to a news report published by CnEVPost on April 7. The report cited Reuters as the original source of this story. According to the report, which quotes unnamed sources aware of the matter, CATL had made a proposal to acquire a controlling stake in Nio Power after announcing an investment of up to 2.5 billion yuan (about $342...
    News
    BYD officially enters the Swiss passenger car market in Europe
    BYD has officially entered the Swiss passenger car market as part of its strategy for continued expansion in Europe, according to a news report published by CnEVPost on April 7. Citing a company announcement from April 5, the report mentioned that BYD organized a brand launch event in Switzerland between April 1 and April 2 to officially announce its entry into the local market. The first BYD electric cars that will be available in Switzerland include the all-electric sedan Seal, the electric...
    News
    Toyota plans to expand EV lineup to 15 models by 2027
    Toyota is setting its sights on an expanded electric vehicle lineup with plans to develop about 15 EV models by 2027, aiming for an annual production target of approximately 1 million cars, as reported by the Nikkei newspaper. The company, however, has not officially commented on these plans. Currently, Toyota has developed five EV models in-house, with production limited to Japan and mainland China. By extending production to the US, Thailand and Argentina, Toyota aims to mitigate tariff and...
    News
    CNGR Advanced Material exits from proposed precursor cathode active material plant project in Finland
    Finnish Minerals Group has become the sole owner of CNGR Finland after CNGR Advanced Material Ltd. decided to exit the planned precursor cathode active material (pCAM) plant project in Hamina, Finland, due to challenging market conditions globally. Previously, Finnish Minerals Group held a 40% minority stake in CNGR Finland. The departure of CNGR Advanced Material Ltd. is attributed to the significant overcapacity of precursor materials in China and the Pacific region, compounded by tariffs f...
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    Imec and Baden-Württemberg launch Advanced Chip Design Accelerator
    At the Hannover Trade Fair 2025, Imec, a research and innovation hub in nanoelectronics and digital technologies, announced a collaboration with the state government of Baden-Württemberg, Germany, to launch the Advanced Chip Design Accelerator (ACDA) in Baden-Württemberg. This new competence center aims to enhance Imec's Automotive Chiplet Program by developing chiplets, packaging, system integration, sensing and AI technology, thereby supporting the automotive industry in the introductio...
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