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    Will China drive global alignment in EV battery swap standards?
    China, the largest electric car market in the world, is expected to drive global benchmarks in electric vehicle battery swapping practices, as well as the emerging battery-as-a-service, or BaaS, industry. Neither the EV battery swap model is new nor it was invented in China. However, it is the only ...
    How driving assistance and automation are impacting the steer-by-wire systems market
    The current steering systems market is primarily controlled by low-end, column-motor systems in the entry and lower-midclass vehicle segments and high-end, rack-motor systems in the upper-midclass and premium-class vehicle segments. However, steer-by-wire (SBW) steering systems will dominate the fut...
    EV charging solutions company FLO to supply 7,500 Level 2 chargers to Hydro-Quebec
    FLO, a leading North American electric vehicle (EV) charging network operator and smart charging solutions provider, will supply up to 7,500 Level 2 chargers to energy company Hydro-Québec’s EV charging network Electric Circuit between 2022 and 2026, FLO announced on 20 June 2022. According to...
    Toyota teams up with Redwood Materials on closed loop EV battery ecosystem
    Japanese carmaker Toyota Motor Corporation’s North American arm Toyota Motor North America has teamed up with battery materials recycling company Redwood Materials to explore a series of end-of-life battery solutions for Toyota’s proposed battery ecosystem, the company announced on 21 June 2022....
    Nouveau Monde commissions new 2,000 TPY anode coating line in Quebec
    Canadian battery anode materials company Nouveau Monde Graphite (NMG) announced via press release on 17 June that it had commissioned its new 2,000 tons per annum (TPA) anode coating line at its Phase-1 integrated battery materials plant in Saint-Michel-des-Saints, Quebec, Canada. According to th...
    Vale completes pre-feasibility study for Canadian nickel sulfate project
    Brazilian mining company Vale announced via press release on 9 June that it had concluded the prefeasibility study for its proposed nickel sulphate project in Quebec, Canada. According to the press release, the Quebec project, if implemented, would be the first-of-its-kind fully domestic nickel s...
    Blink Charging acquires SemaConnect for USD200 million
    Blink Charging Company, one of the leading providers of electric vehicle (EV) charging networks in the United States, has signed a definitive agreement to acquire SemaConnect, Inc., a Maryland, US–based EV infrastructure company, for USD200 million, Blink said on 14 June 2022. The acquisition o...
    General Motors to invest USD81 million at Michigan-based Global Technical Center
    US carmaker General Motors plans to invest more than USD81 million at its Michigan-based Global Technical Center to prepare the facility to build Cadillac’s flagship luxury electric vehicle (EV) CELESTIQ, the company said on 15 June 2022. GM said that the investment will be used to purchase a...
    16-Jun-2022 News Investments
    Lynas receives USD120 million DoD contract to set up heavy rare earths separation facility in the US
    Australian rare-earths mining company Lynas Rare Earths announced via press release on 14 June that its wholly owned subsidiary Lynas USA LLC had signed a US120 million contract with the US Department of Defense (DoD) to set up a commercial Heavy Rare Earths (HRE) separation facility in the Uni...
    15-Jun-2022 News Investments
    US DoT proposes to set up regulations on minimum standards for public EV charging stations
    The US Department of Transportation’s Federal Highway Administration has announced a ‘Notice of Proposed Rulemaking’ (NPRM) on proposed minimum standards and requirements for projects funded under the National Electric Vehicle Infrastructure (NEVI) Formula Program, the US DoT said in a st...
    BMW to test Our Next Energy’s long-range battery cells in all-electric iX SUV
    Michigan-based electric vehicle (EV) battery startup Our Next Energy (ONE) has signed an agreement with the German luxury carmaker BMW Group to incorporate its patented Gemini dual-chemistry battery technology into the carmaker’s all-electric iX SUV, the battery technology company said on 14 June ...
    Sion Power’s vapor-deposited lithium process reduces battery cost, time-to-market
    US battery maker Sion Power Corporation has released a report on an independent technical assessment conducted on its patented next-generation rechargeable batteries based on its Licerion lithium metal rechargeable battery technology for EVs, the company said on 13 June 2022. The battery assessment ...
    15-Jun-2022 News New Products
    Stellantis to build EVs on STLA Large platform at Windsor-based plant in Canada
    Italian–American automaker Stellantis plans to build electric vehicles on its STLA Large platform at its Windsor, Ontario based manufacturing unit in Canada, the company announced on 3 June 2022. The company said it also plans to discontinue the production of the current L-series vehicles, which i...
    13-Jun-2022 News Investments
    Rio Tinto invests USD10 million in low-cost battery cathode specialist Nano One
    Canadian battery tech company Nano One announced via press release on 9 June that Anglo-Australian mining company Rio Tinto had made a USD10 million strategic equity investment into its operations. According to the press release, the funding by Rio Tinto will be directed toward Nano One...
    10-Jun-2022 News Investments
    Shape Corp to manufacture vehicle body parts using Hydro’s recycled CIRCAL aluminum
    Michigan-based tier-1 supplier of automotive body parts Shape Corp announced via press release on 7 June that it had entered into an agreement with Norwegian aluminum manufacturer Hydro for the supply of low-carbon aluminum. According to the press release, Shape Corp will use Hydro’s CIRCAL alu...
    Volkswagen opens Battery Engineering Lab in Chattanooga, US
    German carmaker Volkswagen’s US arm, Volkswagen of America has opened its Battery Engineering Lab (BEL) in Chattanooga, to test and optimize EV batteries for the US market, the company announced on 8 June 2022. The company said it has invested USD22 million in setting up the battery engineering la...
    09-Jun-2022 News Investments
    FreeWire to supply EV charging technologies to US energy company Phillips 66
    US energy company Phillips 66 has signed a letter of intent with FreeWire Technologies to jointly develop a program to deploy latter’s rapid charging, battery-integrated technology across the country, the two companies said in a joint announcement on 1 June 2022. While the move highlights Phill...
    Solid Power plans to ship first solid-state battery cells to BMW, Ford by end-2022
    Solid Power, Inc., a leading developer of solid-state battery cells for electric vehicles, announced on 6 June 2022 that it plans to ship solid-state battery cells to BMW and Ford Motor Company by the end of 2022 as part of automotive qualification testing. However, prior to that the company plan...
    07-Jun-2022 News New Products
    Buick plans all-electric portfolio by 2030, first electric car to launch in 2024
    General Motors (GM)–owned Buick announced on 1 June 2022 that the brand plans to become fully electric in North America by the end of 2030 and that this transformation will be led by a new badge and brand identity. Buick’s electrification plans are aligned with its parent company GM, which has l...
    06-Jun-2022 News New Products
    Stellantis signs offtake agreement with Controlled Thermal Resources to secure lithium supplies
    Stellantis N.V. has signed a binding offtake agreement with California-based Controlled Thermal Resources Ltd. (CTR), securing supply of battery-grade lithium hydroxide for its North American electric vehicle (EV) production plans, the carmaker announced on 2 June 2022. Under the agreement betwee...
    Stellantis, LG Energy Solution name battery JV as NextStar Energy
    Italian-American carmaker Stellantis and its battery partner LG Energy Solution announced on 2 June 2022 that their joint venture (JV) company will be officially called NextStar Energy Inc. The two companies also said that Danies Lee has been appointed as the chief executive officer of the new ...
    Ford plans to invest USD3.7 billion across Michigan, Ohio and Missouri plants
    The maker of all-electric F-150 Lightning pick-up trucks Ford Motor Company has announced that it plans to invest USD3.7 billion on its manufacturing facilities located in Michigan, Ohio and Missouri in the US as part of its strategy to increase production capacity for electric vehicles (EVs) and de...
    03-Jun-2022 News Investments
    Hydro to produce low carbon recycled aluminium at Commerce, Texas facility
    Norwegian aluminum company Hydro announced via press release on 24 May that its Commerce, Texas aluminum plant had been certified by independent risk management and quality assurance company DNV-GL to produce low-carbon recycled Hydro CIRCAL aluminum. According to the press release, the Commerce ...
    POSCO Chemical, General Motors to invest combined USD327 million to form JV Ultium CAM
    POSCO Chemical and General Motors have finalized their joint venture (JV), which will be called Ultium CAM, and the two companies plan to invest a combined USD327 million to form the JV, the South Korean materials company announced on 27 May 2022. POSCO Chemical and GM will hold 85% and 15% stakes r...
    Sayona receives USD136 million institutional placement for 2023 restart of NAL lithium project
    Australian mining company Sayona Mining announced via press release on 27 May that it had successfully raised USD136 million through an institutional placement made by global institutional, professional, and sophisticated investors. According to the release, the bulk of the investment will be use...
    Vital Metals’ Canadian mine starts shipping rare earth minerals to Norway’s REEtec
    CTV News reported on 22 May that Canadian subsidiary of Vital Metals, Cheetah Resources, had started shipping rare earth minerals from the Nechalacho mine located in Canada’s Northwest Territories. The company had reportedly started mining operations at the site in June of last year. Vice Pr...
    Nano One signs binding agreement to acquire Johnson Matthey Battery Materials Canada
    Canadian battery materials company Nano One Materials Corporation has signed a binding agreement to acquire Johnson Matthey Canadian entity, Johnson Matthey Battery Materials (JMBM Canada) for about CAD10.25 million (close to USD8 million), the London-based multinational company said on 25 May 2022....
    Shinhwa invests USD78 million in new Auburn aluminum part manufacturing facility
    The Office of the Governor of Alabama announced via press release on 17 May that South Korean automotive parts manufacturing company Shinhwa will be investing USD78 million to build a new parts manufacturing facility in Auburn, Alabama. According to the press release, the new facility will Shinhw...
    25-May-2022 News Investments
    Stellantis, Samsung SDI JV to build Li-ion battery plant in the US
    Stellantis N.V. and its battery partner Samsung SDI have announced on 24 May 2022 that their joint venture (JV) company has executed binding, definitive agreements to set up an electric vehicle (EV) battery manufacturing plant in Kokomo, Indiana, US. The Gigafactory, which is expected to begin co...
    25-May-2022 News Investments
    Hyundai Motor Group earmarks investment of over USD10 billion by 2025 in the US
    Hyundai Motor Group (HMG) announced on 23 May 2022 that the company is increasing its investment to more than USD10 billion in the US by 2025 with an aim to become a leading player in sustainable and smart mobility solutions. The announcement comes soon after Hyundai signed an agreement with the ...
    24-May-2022 News Investments
    Hyundai to invest USD5.54 billion in setting up EV, battery plants in the US
    South Korean carmaker Hyundai Motor Group has signed an agreement with the State of Georgia, US, to build its first dedicated electric vehicle (EV) and battery manufacturing facilities, the company announced on 20 May 2022. Hyundai said that the new EV plant and battery manufacturing facilities...
    23-May-2022 News Investments
    Hyundai, partner Motional to launch Ioniq 5-based robo-taxi services in the US in 2023
    Hyundai Motor Company announced on 11 May 2022 that the South Korean carmaker will work in partnership with Motional, a leading player in self-driving vehicle technology, to deploy the Level 4 autonomous vehicles across major US cities starting in 2023. The carmaker has also launched a global m...
    23-May-2022 News New Products
    Nouveau Monde and Mason Graphite to jointly develop Lac Guéret graphite mine
    Canadian mining company Nouveau Monde (NMG) announced via press release on 16 May that it had entered into an investment agreement with Canadian mineral processing company Mason Graphite to develop the Lac Guéret graphite mine. According to the press release, the highlights of the investment agr...
    19-May-2022 News Investments
    Entek to expand production capacity of LiB battery separators at US sites
    US manufacturer of battery separator material Entek announced via press release on 26 April that it will be expanding its lithium-ion (Li-ion) battery separator manufacturing capacity in the United States through till 2027. According to the press release, the capacity expansion will allow th...
    19-May-2022 News Investments
    Honda previews Prologue SUV, its first EV built on General Motor’s Ultium platform
    Japanese carmaker Honda has previewed its upcoming pure electric sport utility vehicle (SUV) Prologue on its website on 18 May 2022. The 2024 Honda Prologue electric SUV is developed in partnership with General Motor, using latter’s Ultium powertrain and battery architecture. Notably, the same Ult...
    19-May-2022 News New Products
    California Public Utilities Commission approves three vehicle-grid integration pilot programs for PG&E
    In an attempt to accelerate EV adoption among the citizens, the California Public Utilities Commission (CPUC) has approved three vehicle-grid integration (VGI) pilot programs for Pacific Gas and Electric Company (PG&E), CPUC said in an official statement released on 5 May 2022. The CPUC said ...
    Volkswagen plans to build all-electric pickup trucks, SUVs in the US from 2026
    German vehicle manufacturer Volkswagen Group plans to build all-electric pick-up trucks and rugged sports utility vehicles (SUVs) in the United States, the company said on 11 May 2022, adding that the decision of the Board of Management was confirmed by the Supervisory Board of the Volkswagen Group....
    17-May-2022 News New Products
    Steel Dynamics acquires Mexican recycling company ROCA
    US steel manufacturer Steel Dynamics announced via press release on 16 May that it had entered into a definitive agreement to acquire Mexican ferrous and nonferrous scrap metals recycling company ROCA. According to the press release, the acquisition will allow Steel Dynamics to acquire 4 scrap pr...
    Novelis to invest USD2.5 billion in new aluminum recycling and rolling plant in Alabama
    American aluminum manufacturer Novelis announced via press release on 11 May that it will be investing USD2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Alabama, US. According to the press release, the new 600kt plant, expected to be commissioned in mid-2025, wi...
    12-May-2022 News Investments
    Northern Graphite acquires natural graphite mines in Quebec and Namibia
    North American mining company Northern Graphite announced via press release on 2 May that it had closed its acquisition of the Lac des Iles graphite mine (“LDI”) in Quebec and the Okanjande graphite deposit/Okorusu processing plant in Namibia. According to the press release, the company purch...
    Pirelli to invest USD15 million in new R&D center in Mexico
    Tire magazine Tire Review reported on 4 May that Italian tire manufacturer Pirelli will be investing USD15 million over a period of two years to construct a new research and development (R&D) hub at its existing tire facility in Silao, Mexico. According to the article, the new R&D ce...
    10-May-2022 News Investments
    SEMCORP to invest USD916 million in new battery separator film plant in Ohio
    News Agency Reuters reported on 5 May that Shanghai-based producer of electric vehicle (EV) battery components SEMCORP (Yunnan Energy New Material Co) will be investing USD916 million in a new plant in Sidney, Ohio to manufacture battery separator films. The company declined to provide details re...
    09-May-2022 News Investments
    NGen Canada announces new projects to support zero-emission vehicle manufacturing ecosystem
    Next Generation Manufacturing Canada (NGen Canada), an industry-led community working to set up advanced manufacturing practices, has announced a series of new innovation projects to support the zero-emission vehicle (ZEV) manufacturing ecosystem in Canada, it said on 3 May 2022. The industry c...
    EV maker Rivian to receive USD1.5 billion in incentives from Georgia, US
    Electric vehicle (EV) maker Rivian will receive USD1.5 billion in incentives from the state of Georgia, United States, to build its planned USD5.0 billion EV production plant in the region, said a report filed by news agency Associated Press on 3 May 2022. The news agency has cited officia...
    Electrify America records over fivefold growth in charging sessions in 2021
    Electrify America, one of the leading DC fast-charging infrastructure providers in the United States, said on 2 May 2022 that it provided 1.45 million customer electric vehicle (EV) charging sessions in 2021, recording more than a fivefold growth year on year. Notably, the company had recorded ...
    Stellantis to invest USD2.8 billion in Canada under its long-term electrification strategy
    Italian-American carmaker Stellantis plans to invest CAD3.6 billion (USD2.8 billion) on its Windsor- and Brampton-based vehicle assembly plants along with expanding its Automotive Research and Development Centre (ARDC) in Canada as part of its long-term electrification strategy, the company announce...
    04-May-2022 News Investments
    Mullen Automotive to begin EV battery pack production at R&D facility in California
    Electric vehicle (EV) maker Mullen Automotive announced on 18 April 2022 that the company plans to begin EV battery pack production at its battery research and development (R&D) facility located in Monrovia, California. The company said that it is retrofitting its Monrovia facility to accommodat...
    28-Apr-2022 News New Products
    Toyota invests USD383 million in US facilities to produce 4-cylinder engine, parts
    Japanese vehicle manufacturer Toyota plans to invest USD383 million across four of its US-based factories where it produces engines for Toyota and Lexus vehicles, the company said on 19 April 2022. The company said that new investments are aimed at supporting the production of 4-cylinder engines, in...
    20-Apr-2022 News Investments
    LG Magna ePowertrain breaks ground for a new factory in Mexico
    LG Magna e-Powertrain, a joint venture between South Korea’s LG Electronics and Canadian supplier Magna International Inc., broke ground of its new plant in Ramos Arizpe, Mexico, the company announced on 19 April 2022. The new factory is slated to produce inverters, motors, and on-board chargers f...
    Honda to roll out hybrid cars in North America as part of its 2030 electrification strategy
    Japanese carmaker Honda Motor Company plans to roll out the hybrid versions of its core models—the CR-V SUV, the Accord premium sedan and the Civic hatchback in North America as part of its electrification strategy for the region, the company said on 14 April 2022. Honda said that the company will...
    19-Apr-2022 News New Products
    US automotive supply chain stressed as truck drivers block Texas-Mexico border crossings
    In the context of the ongoing blockage by the truck drivers at the US-Mexico border, a recent note published on its website by the Original Equipment Suppliers Association (OESA) said that the situation is critical for North American automotive component suppliers and that the protest can disrupt th...
    Hyundai Motor plans to manufacture environment friendly cars in the US
    South Korean vehicle manufacturer Hyundai Motor Company plans to invest USD300 million in its US plant to produce environment friendly cars from 2022, Hyundai Motor Manufacturing Alabama (HMMA) announced on 12 April 2022. Hyundai plans to invest in its Alabama, US facility to upgrade the existing as...
    14-Apr-2022 News Investments
    Envision AESC to invest USD2 billion in a new EV battery plant in the US
    Japanese electric vehicle (EV) battery technology company Envision AESC plans to invest USD2 billion in building a new gigafactory in the US state of Kentucky, according to an official note released by the Bowling Green Area Chamber of Commerce, South Central Kentucky government on 13 April 2022. Th...
    14-Apr-2022 News Investments
    Subaru to add wide-angle mono camera to EyeSight Driver Assist on MY 2023 Outback Touring
    Subaru has announced that it will add a wide-angle mono camera to the EyeSight Driver Assist Technology on model year (MY) 2023 Outback Touring model, an official press release dated 13 April read. The wide-angle mono camera helps recognize pedestrians and bicycles at intersections. The system proce...
    Canada allocates over USD2 billion to make EVs affordable, charging network
    The Government of Canada is allocating more than CAD3 billion (USD2.38 billion) in funding to make zero-emission vehicles (ZEVs) more affordable and build a national network of EV charging stations, the government note said on 7 April 2022. The measure to promote EVs was announced as part of the Bud...
    Tesla unveils production-ready 4680 battery cells at Giga Texas Cyber Rodeo
    EV maker Tesla revealed its production-ready 4680 battery cells at the Giga Texas Cyber Rodeo event, which was hosted at the company’s new gigafactory in Texas, according to a report published by teslarati.com on 7 April 2022. At the event organized last Thursday, the company had announced that it...
    11-Apr-2022 News New Products
    Meta System to supply on-board power management modules for Faraday Future’s FF 91 EV
    US-based EV maker Faraday Future Intelligent Electric Inc., said on 6 April 2022 that the company has partnered with Meta System, which will supply on-board power management modules for the FF 91 EV and the upcoming FF 81 EVs. Faraday Future, which is planning to commercially launch the FF 91 ele...
    11-Apr-2022 News New Products
    Toyota expands engineering headcount to advance EV production in the US
    Japanese car major Toyota’s US subsidiary Toyota Motor North America plans to expand its engineering and production headcount to advance the production of EVs, the company said on 7 April 2022. The carmaker said it plans to add 220 new positions to its production engineering division, which serves...
    US NHTSA to probe LG Energy Solution over recent EV battery recalls
    US auto safety agency National Highway Traffic Safety Administration (NHTSA) has opened an investigation into the South Korea’s LG Energy Solution's high-voltage EV batteries after internal failures in these batteries were reported to have caught fire in several vehicles, risking lives of the pass...
    Glencore to purchase recycled battery materials from Electra from 2023
    Canadian battery materials company Electra announced via press release on 6 April that it had entered into an offtake agreement to supply commodities trading company Glencore with recycled nickel and cobalt between 2023 and 2024. According to the press release, the offtake contract covers nickel ...
    Solid-state battery startup Blue Current to set up pilot plant in California
    Solid-state battery startup Blue Current has secured USD30 million from Koch Strategic Platforms (KSP) to build its first megawatt-scale pilot plant in California while supporting commercialization of its technology, it said on 6 April 2022. The Hayward, California-based solid-state battery start...
    07-Apr-2022 News New Products
    US Department of Transport announces new CAFÉ standards for model year 2024–26 cars
    The US Department of Transportation’s (DOT) National Highway Traffic Safety Administration (NHTSA) unveiled new fuel economy standards aimed at ensuring that cars deliver more miles per gallon (mpg), reducing transportation emissions while saving consumers money on 1 April 2022. According to ...
    Porsche partners with startup Holoride to pilot in-car virtual reality experience
    Porsche has announced a tie-up with Holoride, under which the companies will launch a pilot program for a new location-based rear-seat entertainment using virtual reality (VR). In a press statement dated 31 March, Porsche announced that the pilot program at the Porsche Experience Center (PEC) in Los...
    Magna expands battery enclosure business to support supplies to Ford F-150 Lightning
    Canadian automotive supplier Magna International said on 30 March 2022 that the company is expanding its operations that are of its St. Thomas based facility into the Chatham unit to support a new business from Ford Motor Company. The ongoing expansion comprises a new 170,000-square-foot facility in...
    31-Mar-2022 News New Products
    Vietnamese carmaker VinFast to set up EV, battery factory in the US
    Vietnamese carmaker VinFast plans to set up an electric vehicle (EV) assembly as well as an EV battery manufacturing plant in North Carolina, US, the office of state governor Roy Cooper announced on 29 March 2022. The official note said that the carmaker plans to invest up to USD2 billion in phase 1...
    30-Mar-2022 News Investments
    Rogers Communications partners with Sheridan College for R&D on 5G autonomous mobility
    Sheridan College has partnered with Rogers Communications to focus on research and development of solutions based on 5G autonomous vehicle, it said in a press release on 14 March. The companies, through Sheridan's Centre for Mobile Innovation (CMI), will enter into a two-year partnership. The col...
    NUADI to set up new brake parts production site in Mexico
    Spanish braking system parts manufacturer NUADI announced via press release on 25 March that it will be expanding its customer base in North America by setting up a new component manufacturing facility in Queretaro, Mexico. According to the press release, the new facilities will be dedicated to t...
    28-Mar-2022 News Investments
    Stellantis, LG Energy to invest over USD3.97 billion in setting up a Li-ion battery plant in Canada
    Amsterdam-based Stellantis N.V. and South Korean battery maker LG Energy Solution (LGES) have signed a binding, definitive agreements to set up the first large-scale electric vehicle (EV) battery manufacturing facility in Canada, LG Energy confirmed through an official note on 23 March 2022. The bat...
    24-Mar-2022 News Investments
    5GAA launches live trial of 5G connected car concept in Virginia, US
    The 5G Automotive Association (5GAA) has announced the organization of a live trial for a new driver and pedestrian safety concept with near-real-time notification of roadway hazards through 5G and edge technologies in Blacksburg, Virginia, according to an official press release on 23 March. This...
    ZF Chassis Technology invests USD48 million in Toluca, Mexico plant
    Mexican subsidiary of German automotive parts manufacturer ZF, ZF Chassis Technology, announced that it will be investing USD48.4 million its Toluca plant, according to a 16 March news article published in MexicoNow. According to the article, the investment project will allow ZF to strengthen its...
    23-Mar-2022 News Investments
    Volkswagen to invest USD7.1 billion in North America over next five years
    German carmaker Volkswagen plans to invest USD7.1 billion in the North American region, which includes Canada, the US, and Mexico, over the next five years on boosting its product portfolio, regional research and development (R&D) and its manufacturing capabilities, the company said on 21 March ...
    22-Mar-2022 News Investments
    US Department of Energy launches lithium-battery workforce initiative
    The US Department of Energy (DOE) has launched a national workforce development strategy for lithium-battery manufacturing and plans to invest USD5 million in supporting up to five pilot training programs on the same, the government body announced on 18 March 2022. The DOE said that the nationa...
    Envision AESC to supply high-performance battery modules to Mercedes-Benz in the US
    German luxury carmaker Mercedes-Benz has partnered mainland Chinese–Japanese electric vehicle (EV) battery maker Envision AESC in an attempt to secure the supply of high-performance battery cell modules for its EQ lineup of EVs, the battery maker said on 16 March 2022. Envision AESC...
    T-Mobile to power connected services of BMW iX and i4 models
    T-Mobile will power BMW’s 5G connected cars, the BMW iX and i4, it said in a press release on 17 March. T-Mobile’s new Magenta Drive for BMW is part of a long-term agreement to bring unlimited voice calling and unlimited 5G data to BMW vehicles. The service is available for USD20 per month to po...
    Geotab to provide integrated telematics solution for Stellantis-brand vehicles in North America
    Geotab has partnered with Free2move, through which it will deliver Geotab Integrated Solution for Stellantis-brand vehicles in North America, including eligible Ram, Dodge, Jeep, and Chrysler. According to a 10 March press release, the solution will leverage embedded telematics in Stellantis vehicle...
    Battery startup Our Next Energy raises an additional USD65 million in funding
    Michigan-based battery startup Our Next Energy, Inc. (ONE) has raised an additional USD65 million in fresh funding, the company said on 1 March. The funding round was led by BMW i Ventures, ONE said in its official statement recently. The funding round also saw participation from Coatue Management, ...
    Ford Motor restructures operations, creates distinct business units for EVs and ICE vehicles
    Restructuring its business operations with an intent to accelerate the development of electric and connected vehicles while leveraging its popular nameplates and strengthen its operating performance, taking full advantage of engineering and industrial capabilities, Ford Motor Company said on 2 March...
    California state issues ‘drivered deployment permits’ to Cruise and Waymo for autonomous passenger service
    California Public Utilities Commission (CPUC) has issued Drivered Deployment permits to Cruise and Waymo to allow for autonomous vehicle passenger service with a safety driver present in the vehicle, its official statement read on 28 February. “Cruise and Waymo are authorized to collect fares from...
    Metalsa invests USD170 million to build new chassis frame manufacturing plant in central Mexico
    Mexican structural components manufacturing company Metalsa announced on 25 February that it will be investing USD170 million to build a new structural frame production plant for light trucks in Guanajuato. According to Metalsa, the new plant, expected to operate from November 2023, will pro...
    01-Mar-2022 News Investments
    Toyota partners EVgo to provide bZ4X customers with fast charging access
    Toyota’s US arm, Toyota Motor North America, Inc. and EVgo, one of the leading public EV fast charging networks in the United States, have announced a commercial agreement to provide the drivers of the new Toyota bZ4X battery electric SUV with complimentary charging at the latter’s nationwide ne...
    Martinrea invests USD155 million to expand aluminum part manufacturing in Queretaro
    Canadian auto parts manufacturer Martinrea announced on 10 February that it would be investing USD155 million to expand production of aluminum-based engine blocks, suspension bridges and transmission housings at its Queretaro, Mexico plant. The Canadian company intends to produce 2 million p...
    25-Feb-2022 News Investments
    Bosch Mexico invests USD79 million to install new braking system manufacturing line at Aguascalientes
    The Mexican subsidiary of automotive supplier Bosch announced via a press release on 25 November that it would be investing USD79 million to install and commission a new production line for its Integrated Power Brake (IPB) system. President of Bosch Mexico, Rene Schlegel, stated, “This maj...
    25-Feb-2022 News Investments
    Bosch Mexico invests USD146 million to expand power steering production at Queretaro
    Mexican subsidiary of German automotive supplier Bosch announced via a press release on 3 February that it would be investing USD146 million to expand the capacity of its Queretaro electric power steering manufacturing plant. According to the press release, the investment involves installing...
    25-Feb-2022 News Investments
    Mercedes-Benz CEO targets Level 3 autonomous driving certification in US this year
    Mercedes-Benz is looking to acquire certification for Level 3 autonomous driving in the United States this year, Chief Executive Ola Kaellenius said in a press call as reported by Reuters on 24 February. Mercedes-Benz is also in discussions with authorities in mainland China. “We are working on...
    Motional partners with Via to launch robo-taxi service in Las Vegas, US
    Motional has tied up with transit tech company Via to launch a new robo-taxi service in Las Vegas, Nevada, US, which will provide free self-driving rides to passengers, it said in a press release on 24 February. Motional will leverage its self-driving robo-taxis, fleet management, and in-vehicle ...
    Verizon partners with Audi to bring 5G connectivity to its U.S. lineup
    Verizon and Audi have announced a partnership under which the telecom operator will provide 5G connectivity to the automaker’s US lineup, according to a company press release on 22 February. It is slated to begin with select model year (MY) 2024 vehicles. The collaboration brings embedded 5G ...
    Kia collaborates with Electrify America to provide charging convenience to customers
    Kia America announced on 22 February 2022 that the company has partnered EV charging network provider Electrify America to provide Kia EV6 buyers with 1,000 kWh of complimentary charging services at any of the latter’s EV charging station across the US. The agreement between the two compan...
    Nissan to invest USD500 million to transform Canton, Mississippi to build all-new EVs
    Japanese carmaker Nissan announced on 17 February 2022 that it plans to transform its Canton-based vehicle assembly plant in the Mississippi region as the hub of its electric vehicle (EV) production in the United States. As part of this plan, the company has earmarked investments to the tune of USD5...
    21-Feb-2022 News Investments
    Redwood Materials teams up with Ford, Volvo to recycle EV batteries in California
    Battery recycling startup Redwood Materials announced on 17 February 2022 that it has teamed up with Ford Motor Company and Volvo Cars as it launched its EV battery recycling program, beginning in California, US. The startup aims to establish efficient, safe, and effective recovery pathways for the ...
    US Department of Transport, Energy announce USD5 billion for national EV charging network
    The US Departments of Transportation and Energy announced on 10 February 2022 that nearly USD5 billion will be made available under the new National Electric Vehicle Infrastructure (NEVI) Formula Program established by President Biden’s Bipartisan Infrastructure Law, to build out a national e...
    Toyota to invest USD90 million in two US plants to add hybrid transaxle production capacity
    To keep up with the increasing demand for electric vehicles, Toyota plans to invest USD90 million across two of its US-based production plants located in West Virginia and Tennessee, the company announced on 11 February 2022. Of the total committed investment, USD73 million will be allocated to the ...
    14-Feb-2022 News Investments
    Subaru selects EVgo as preferred EV charging partner in the US
    Subaru of America, Inc. (SOA), a wholly owned subsidiary of Subaru Corporation of Japan, has selected EVgo Inc. as the preferred EV charging partner, latter said in an official release on 8 February 2022. EVgo is one of the leading public fast charging networks in the US, which draws 100% power from...
    Backed by focused synergies, Mary Barra confident of General Motors’ "electric" turnaround
    Addressing the shareholders on the sidelines of the full fiscal year (FY) 2021 and fourth quarter financial earnings on 1 February 2022, General Motors’ (GM's) chairperson and CEO Mary Barra said that she is confident of the company’s profitable turnaround as it scales up production ca...
    Cruise gets a USD1.35-billion investment from SoftBank Vision Fund
    Cruise has received a USD1.35-billion investment from SoftBank Vision Fund, Tech Crunch reported on 1 February. The GM-owned company is also opening its driverless robo-taxi service to the public in San Francisco. The rides are free, and a public waitlist has been set up via Cruise’s website....
    Li-Cycle deepens cooperation with Ultium Cells, to expand battery recycling operations
    Deepening its cooperation with Ultium Cells, the JV between General Motors (GM) and LG Energy Solution (GM-LG), Li-Cycle Holdings Corporation, a leading lithium-ion battery recycler in North America, is setting up its sixth and largest recycling facility at the former’s battery cell manufacturing ...
    General Motors plans to invest over USD7 billion in four Michigan plants
    General Motors plans to invest more than USD7 billion in four manufacturing sites located in Michigan, significantly increasing battery cell and electric vehicle (EV) manufacturing capacity, the company said on 25 January 2022. While the company claims that the said amount is the single largest inve...
    26-Jan-2022 News Investments
    General Motors to invest USD154 million in Western New York components plant
    US carmaker General Motors plans to invest around USD154 million in its Western New York Lockport Components plant to renovate the facility and purchase and install new machinery and equipment used in the production of the stator module, the company announced on 21 January 2022. The said stator modu...
    24-Jan-2022 News Investments
    Blink Charging to supply EV chargers to General Motors car dealerships in US and Canada
    Electric vehicle (EV) charging network operator Blink Charging Company is deploying its EV chargers at General Motors (GM) dealerships in the United States and Canada, the company said on 18 January 2022. The company, which is working with leading facility solutions provider ABM, said it i...
    Class-action lawsuit filed against Ferrari and Bosch over braking system defect
    Italian automaker Ferrari and German auto parts manufacturer Bosch have been named as defendants in a class-action Motor Vehicle Prod. Liability lawsuit filed on the 30 December 2021 in the US District Court for the District of New Jersey by plaintiff Jeffrey Rose. According to the filing, the la...
    Honda signs joint development agreement with US-based Lithium-metal battery company SES
    Japanese carmaker Honda Motor Company has signed a joint development agreement for lithium-metal batteries with the US-based EV battery startup SES AI Corporation, according to a report published by the news agency Reuters on 19 January 2022. The Reuters report mentioned that Honda plans to buy a...
    Ford signs agreement with Stripe to scale up its e-commerce capabilities
    Ford Motor Company has signed a five-year agreement with Stripe to scale its e-commerce business, the automaker said in a press release on 17 January. Stripe and Ford will grow the online payments infrastructure, serving customers and dealers in the North American and European markets. “As part...
    Canadian province Nova Scotia to see deployment of 250 Level 2 EV chargers
    Canadian government plans to have up to 250 Level 2 electric vehicle (EV) chargers deployed in Nova Scotia, a province, it said in an announcement on 5 January 2022. The Minister of Natural Resources Jonathan Wilkinson announced an investment of over CAD1.2 million (USD0.96 million) to Nova Scotia's...
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