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    FISITA World Mobility Conference 2025: Key themes and concerns for the automotive industry
    One thing is abundantly clear after the FISITA World Mobility Conference (WMC) last week. Megatrends impact everything. No longer can chassis development, braking, safety validation and so forth stand alone without impact from the broader drive towards electrification, the AI revolution or SDVs, to name a few.  The event’s sessions gave the impression that electrification is already baked into the industry, particularly in Europe where the debate on (regulation-pushed) direction is ...
    Insights
    Beyond horsepower: Compute becomes the new competitive edge for OEMs
    Automotive compute power is becoming a defining metric of vehicle capability — not just for autonomy, but across cockpit systems, connectivity and life-cycle software deployment. As vehicles transition toward centralized electrical/electronic (E/E) architectures and software-defined platforms, silicon performance is now a core determinant of what a vehicle can do — and how long it will remain competitive in the field. Two metrics have emerged as industry standards for measuring this compu...
    Insights
    Wayve strengthens engineering leadership with three new expert appointments
    Wayve, a company specializing in embodied AI for automotive applications, announced the appointment of three industry experts — Rob Flenniken, Uri Wolfovitz and Dennis Jackson — to enhance its engineering leadership, according to a June 26 press release. Flenniken was named vice president of vehicle software, charged with creating and maintaining a stable and scalable vehicle software platform. He will be responsible for facilitating rapid AI model development and integrating with au...
    News
    Toyota to assemble battery packs for hybrid RAV4 in Ontario plants by 2026
    Toyota is planning to assemble its own battery packs at its Ontario plants for the production of the all-new 2026 RAV4 SUV, which will be launched exclusively as a hybrid model. Toyota will add battery-pack assembly lines to its Ontario facilities as part of these preparations. These batteries will be built from cells manufactured at Toyota's newly opened battery plant in Kentucky. This move marks Toyota's effort to support the production of the hybrid RAV4 by retooling its Cambridge and Wood...
    News
    CATL executive warns of risks from EV discount war in Greater China, urges government to step in
    A senior executive from Contemporary Amperex Technology Limited (CATL), the largest manufacturer of EV batteries, has called for authorities in mainland China to intervene to address the ongoing price war in the new-energy car market. Ni Jun, CATL's chief manufacturing officer, emphasized that the discount war will not end unless Beijing steps in, as the strategy of reducing prices to gain market share threatens smaller competitors. BYD, the world's largest EV manufacturer, initiated signific...
    News
    Intel closes automotive business amid strategic downsizing and layoffs
    Intel has announced substantial layoffs and the closure of its Automotive Chip division, aimed at cost reduction and operational efficiency, according to a report published by Hans India on June 26. This strategic shift comes under the guidance of newly appointed CEO Lip-Bu Tan, who has prioritized lean operations and diminished bureaucracy. According to a WARN Act filing, 107 employees at Intel's headquarters in Santa Clara, California, will face layoffs starting July 15. This reduction...
    News
    Cobco begins lithium-ion component production at new plant in Morocco's Jorf Lasfar
    Sino-Moroccan company Cobco has commenced production at its plant for lithium-ion (Li-ion) battery components in Jorf Lasfar, located 125 km south of Casablanca, Morocco. Cobco is a collaboration between Moroccan investment fund Al Mada and CNGR Advanced Materials, a mainland Chinese battery materials producer. Morocco's strategic proximity to Europe, its automotive industry, free trade agreements, and abundance of phosphates and cobalt make it appealing to mainland Chinese electric vehicle batt...
    News
    Northvolt receives bid for Swedish operations amid bankruptcy proceedings
    The bankruptcy trustee for Swedish battery maker Northvolt received an indicative bid from a foreign party interested in acquiring the company's business in Sweden, according to Swedish radio. Northvolt filed for bankruptcy in Sweden in March. The move marked one of Sweden's largest corporate failures, setting back Europe's ambitions to build a local electric vehicle battery value chain and reduce dependence on mainland China. Bankruptcy trustee Mikael Ku...
    News
    CATL prioritizes global expansion amid persisting price war in mainland China
    Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest electric vehicle battery manufacturer, is prioritizing its overseas expansion amid intense competition in mainland China's domestic EV and EV battery market. The move comes as Ni Jun, CATL's chief manufacturing officer, highlighted the unhealthy nature of the competitive landscape, which mirrors concerns previously expressed by Stella Li, BYD's executive vice president, regarding the sustainability of the ongo...
    News
    Capital Market Day 2025: Continental confirms plan to sell ContiTech sector in 2026; revises FY2025 financial outlook
    At its Capital Market Day in Frankfurt, Germany, held on June 24, Continental confirmed the planned sale of its ContiTech group sector. This will transform Continental, which is on track to spin off its Automotive group sector into an independent public company by September 2025, into a pure-play tire company. The sale, pending approval from Continental’s supervisory board, is scheduled for 2026, following the sale of ContiTech's Original Equipment Solutions (OESL) business area later in 2025....
    Briefing
    Ex-Northvolt executive Emma Nehrenheim appointed as new managing director of European Battery Alliance
    Emma Nehrenheim has been appointed as the new managing director of the European Battery Alliance (EBA), led by InnoEnergy under the mandate of the European Commission. InnoEnergy manages the EBA's industrial development program under the European Commission's mandate. These programs aim to build a competitive and sustainable battery industry in Europe, crucial for the continent's clean energy transition. Nehrenheim, who has previously served Northvolt as the chief environmental officer and...
    News
    ChargeZone opens one of India’s largest EV charging hubs in Bengaluru
    ChargeZone has launched one of India's largest electric vehicle charging hubs in Bangalore. The facility aims to bolster India's national EV infrastructure, especially in urban areas with high fleet activity. The hub features over 210 charging points, which include 80 DC fast chargers with 160 outlets and 50 AC chargers with 50 outlets. With an installed capacity of more than 4 MW, the facility is not only vast but also one of the most potent EV charging sites in the country. It is tailored t...
    News
    EIB approves €30 million financing for OLEDWorks under InvestEU program
    The European Investment Bank (EIB) has approved a €30 million financing package for OLEDWorks, a US-based company specializing in next-generation lighting solutions based on organic LED (next-generation display technology OLED). This funding, supported by the European Commission's InvestEU program, is intended to boost OLEDWorks' manufacturing and research and development capabilities, particularly in the automotive sector. The majority of this investment will be utilized in OLEDWork...
    News
    CATL commits to global collaboration and EV market growth at Belt and Road conference
    Contemporary Amperex Technology Co. Ltd. (CATL) plans to foster global collaboration and support emerging economies. Speaking at the second Belt and Road Conference on Science and Technology Exchange, Robin Zeng, chairman and CEO of CATL, highlighted the company's readiness to pursue industrial cooperation and share advanced technologies to promote global energy transition. CATL's strategy includes building factories, forming joint ventures and licensing technology to support partners ...
    News
    India’s EV charging software startup Kazam raises $6.2 million in Series B funding
    Bengaluru-based electric vehicle charging software startup Kazam has secured $6.2 million in Series B funding from the International Finance Corporation (IFC), alongside existing investors Vertex Ventures Southeast Asia & India and Avaana Capital. This funding round elevates Kazam's total capital raised to $19.2 million, which includes $13 million from previous equity rounds led by Avaana Capital, Vertex Ventures and Chakra Ventures. Kazam intends to use this new investment to e...
    News
    Motor Fuel Group plans to expand EV charging infrastructure in London
    Motor Fuel Group (MFG), the UK's largest independent forecourt operator, is accelerating efforts to expand its electric vehicle charging infrastructure in London under its EV Power business. The company plans to introduce ultrarapid-charging hubs with 300 to 400-kW EV chargers across London, aiming for a more than 30% increase in charge points within the M25 area. These EV Power Hubs, which average seven bays each, are already operational at locations such as St Paul's Cray, Bu...
    News
    TCS unveils new automotive delivery and engineering centers in Germany and Romania
    Tata Consultancy Services (TCS) announced the establishment of two new Automotive Delivery Centres in Munich and Villingen-Schwenningen, Germany, along with an Engineering Centre in Romania. These new facilities aim to support the transformation of the automotive sector, especially in the software-defined vehicles (SDVs) space. The centers are part of TCS' strategy to enhance its automotive software capabilities, focusing on autonomous driving, infotainment, safety systems and connected veh...
    News
    Xiaomi secures new land parcel in Beijing for its EV manufacturing plans
    Xiaomi Jingxi Technology Co. Ltd., a subsidiary of Xiaomi, has acquired a new land parcel in Beijing's Yizhuang area for 635 million yuan (about $88.39 million). The land spans 485,133.91 square meters and is leased for 50 years. The land parcel is strategically located next to Xiaomi's existing electric vehicle factory and will be used for a new-energy intelligent connected vehicle manufacturing project. Xiaomi, which announced its entry into the automotive sector in March 2021, had signed a...
    News
    Tata Motors remains unaffected by mainland China’s rare earth export curbs so far
    Tata Motors, India's largest electric vehicle manufacturer, is not experiencing disruptions in sourcing rare earth magnets, despite mainland China's export restrictions. At its 80th Annual General Meeting, Chairman Natarajan Chandrasekaran assured shareholders that the company is managing its supply needs and is exploring alternative sources to ensure future availability. Mainland China dominates the global supply of rare earth elements (REEs), prompting Tata Motors and other automakers wo...
    News
    Private equity firm Mutares to acquire Continental's drum brakes site in Italy
    On June 18, Mutares signed an agreement to acquire Continental's drum brakes manufacturing plant and research and development facility in Cairo Montenotte, Italy. As part of the agreement, the Germany-based private equity firm will take over all Continental employees and business activities at the Cairo Montenotte site. The acquisition's conclusion is contingent upon customary closing conditions and approvals and is expected to be finalized in the fourth quarter of 2025. The Cairo M...
    News
    BASF commences operations at its hexamethylenediamine plant in France
    BASF has commenced operations at its new hexamethylenediamine (HMD) plant in Chalampé, France. The German company had begun construction of this plant in 2022. Commencement of operations at this plant increases BASF's annual HMD production capacity to 260,000 metric tons. Stephan Kothrade, a member of BASF's board of executive directors, said this development emphasizes the company's commitment to chemical production in Europe and aims to enhance regional growth while maintaining compet...
    News
    Upcell forms advisory board to enhance global battery manufacturing and innovation
    Upcell has announced the establishment of its advisory board, which will comprise leading figures from industry, policy, finance and academia. The board will aid Upcell's mission to enhance global battery manufacturing capabilities and foster innovation within the sector. Initially founded in Europe in 2022 as the European Battery Manufacturing Alliance, Upcell is extending its reach into Asia and America, emphasizing the importance of international collaboration while nurturing local ecosystems...
    News
    Mainland China-based automaker Hozon Auto enters bankruptcy review amid financial turmoil and restructuring plans
    Hozon New Energy Automobile, a mainland China-based automaker that sells electric vehicles under the Neta brand, has entered the bankruptcy review process, Yicai Global reported June 16, citing a notice posted on mainland China’s National Enterprise Bankruptcy Information Disclosure Platform (NEBIDP). The centralized information platform on bankruptcy cases updated its records on June 13, adding Zhejiang Zicheng Law Firm as the case administrator. This follows a bankruptcy review case fil...
    News
    Altilium invests £30 million in Plymouth EV battery recycling facility
    Altilium, a UK-based clean technology group, announced its plans for a £30 million investment in a new electric vehicle battery recycling facility in Plymouth, UK, known as the ACT 3 scale-up plant. This investment aims to enhance Plymouth's role in the UK's clean energy transition and is a crucial step in Altilium's goal to create a domestic circular economy for critical minerals needed for the nation's net-zero objectives. The facility should be operational by late 2026 and will create ove...
    News
    Battery storage solutions startup Voltfang raises €15 million in Series B funding round
    Germany-based battery storage solutions startup Voltfang has raised €15 million in its Series B funding round, which was led by Dutch deeptech investor FORWARD.One. Additional investors included Interzero, PT1, Helen Ventures, Daphni, Aurum Impact (the Goldbeck family office), and new partners such as Fiege Ventures and Newberry Investments. The startup plans to use these funds to expand its production capacities and deliver an additional 250 MWh of sustainable...
    News
    Ford CEO said company is struggling with rare earth material supplies
    Ford is struggling with the supplies of rare earth materials, Detroit Free Press and several other media outlets reported CEO Jim Farley telling Bloomberg TV in an interview. Mainland China, which holds over 90% of the global rare earth processing capacity, introduced stricter export licensing rules in April, affecting the supply to Western manufacturers across various industries, including automakers focused on electric vehicles. Farley highlighted ongoing difficulties, saying that the compa...
    News
    Ford begins battery-pack production at new facility in Cologne, Germany
    Ford has commenced mass production of battery packs for its new-generation electric vehicles, the Ford Explorer 1 and Ford Capri 2, at its newly established battery assembly facility in Cologne, Germany. This facility, part of a $2 billion investment aimed at modernizing the historic Cologne plant, is fully digitalized and aligns with the vehicle assembly operations on-site to ensure high-quality standards and optimized logistics. The Cologne plant has been a key production site for Ford in E...
    News
    Eclipse Foundation announces 0.5 release of S-CORE for software-defined vehicles
    The Eclipse Foundation announced the upcoming 0.5 release of the Safety Open Vehicle Core (S-CORE) project, which serves as the first open-source core software stack for software-defined vehicles (SDVs). This project targets embedded high-performance electronic control units (ECUs) and marks a milestone in the automotive industry's shift toward open, community-driven software platforms. Supported by industry leaders such as BMW Group, Mercedes-Benz, Bosch, ETAS, QNX, Qorix and Accenture, th...
    News
    Laura Major appointed as CEO of Motional to lead AI and driverless advancements
    According to a press release on June 12, Laura Major has been confirmed as the president and CEO of Motional, following her appointment by the company's board of directors. This announcement follows her successful tenure as the chief technology officer. The company is in the process of accelerating its AI development and is preparing to launch its driverless commercial service in 2026. Major has been serving as Motional's interim CEO since September 2024 and has been the chief technology offi...
    News
    Volvo Cars enters sourcing agreement with SSAB for supply of recycled, near-zero emissions steel
    Volvo Cars has entered into a new sourcing agreement with the Sweden-based steel company SSAB for the supply of high-quality, recycled and near-zero emissions steel, beginning 2025. The agreement makes Volvo Cars the first car manufacturer to secure a supply agreement with SSAB for recycled, near-zero emissions steel intended for serial production. This agreement extends a long-term collaboration aimed at promoting sustainable steel. Volvo Cars is also advancing its circular sustainability go...
    News
    Marelli gains interim court approval to access up to $519 million of debtor-in-possession financing
    Marelli Holdings has received interim approval from the US Bankruptcy Court for the District of Delaware to access up to $519 million out of a total $1.1 billion in debtor-in-possession financing. This approval pertains to Marelli's First Day motions related to its voluntary Chapter 11 petitions. Marelli filed for Chapter 11 bankruptcy protection to restructure its long-term debt on June 11. The secured financing, along with revenue from Marelli's ongoing operations, is intended to provi...
    News
    Aeva achieves TISAX and ISO/IEC 27001 certification for information security in automotive sector
    In a press release on June 11, Aeva announced its achievement of the Trusted Information Security Assessment Exchange (TISAX) Assessment Level 2 (AL2) certification, highlighting its commitment to stringent information security standards in the automotive industry across Europe, the US and Asia. TISAX, a recognized standard initiated by the German Association of the Automotive Industry (VDA) and managed by the ENX Association, evaluates information security measures in the automotive sec...
    News
    Tritium launches Tri-Flex EV charger in Europe
    Tritium, a company focused on DC fast charging, has introduced its Tri-Flex platform, a next-generation charging architecture tailored for Europe's regulatory and infrastructure needs. This new architecture will be presented at the 38th International Electric Vehicle Symposium & Exhibition in Gothenburg, Sweden, scheduled for June 15–18. As the electric vehicle market in Europe continues to grow, concerns have arisen about the continent's charging infrastructure, which is not ready to m...
    News
    Dana sells Off-Highway business to focus on core On-Highway business comprising light and commercial vehicles
    Dana has reached a definitive agreement to sell its Off-Highway business to Allison Transmission for $2.7 billion, the US-based supplier said in a press release on June 11. This deal is expected to close in the fourth quarter of 2025, pending customary regulatory approvals and closing conditions. The sale aligns with Dana's strategy to focus on being a supplier for on-highway light and commercial-vehicle customers, offering both traditional and electrified systems. After accounting for taxes,...
    News
    Marelli files for Chapter 11 bankruptcy protection in US to restructure debt
    On June 11, Marelli Holdings filed Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware to restructure its long-term debt obligations. “After careful review of the company's strategic alternatives, we have determined that entering the Chapter 11 process is the best path to strengthen Marelli's balance sheet by converting debt to equity, while ensuring we continue operating as usual,” David Slump, president and CEO of Marelli, said in a press release. Marelli said...
    Briefing
    Hyundai Motor’s rare earth stockpile can last about a year, report
    South Korean automaker Hyundai Motor has accumulated a rare earths stockpile sufficient to last about a year, Reuters reported June 10. The company does not expect any immediate effects from the global supply chain disruptions triggered by mainland China's export restrictions on rare earth elements and magnets. Mainland China's decision to limit exports of rare earths and related magnets in April caused challenges in the supply chains vital to automakers, aerospace manufacturers, semicondu...
    News
    Tata Motors aims to grow its EV charging network fivefold by decade’s end
    Tata Motors is planning to expand its electric vehicle charging infrastructure significantly by the end of this decade, aiming to mitigate range anxiety and improve EV adoption. The company intends to increase its public charging points to over 100,000 from the existing 22,000, covering more than 2,000 cities and towns with fast-charging facilities. The Mega Charger network, featuring ultrafast-charging guns ranging from 120 kW to 400 kW, is set to reach over 1,000 locations. Recently, Tata M...
    News
    Posco Future M completes precursor plant in Gwangyang to boost battery supply chain
    Posco Future M has finished construction of its precursor plant in Gwangyang, South Korea, which can produce 45,000 metric tons of precursors annually. This development aims to enhance self-sufficiency and strengthen the supply chain amid global trade uncertainties. The plant, located at the Yulchon Industrial Complex, was inaugurated on June 10 with attendance from notable officials, including Posco Future M President Eom Ki-cheon. In his speech, Eom highlighted the importance of the plant i...
    News
    Ample deploys modular battery-swap stations in Madrid
    US-based battery-swap technology company Ample has established its first modular battery-swapping stations in Madrid. This initiative was facilitated by the Moves Singulares award, a Spanish government-backed program aimed at promoting innovative technologies to support the transition to electric mobility. With €9.76 million in financial backing, Ample plans to install additional modular EV battery-swapping stations in Madrid's city center. This development is part of a larger strategy...
    News
    Aumovio appoints new executive board members to drive future growth
    Continental is on track to spin off its automotive group sector business under the Aumovio brand and its subsequent listing on the Frankfurt Stock Exchange by the end of 2025. Aumovio SE reached a key milestone on June 5, when its supervisory board confirmed the executive board appointment. Alongside CEO Philipp von Hirschheydt, four new members have been appointed to strengthen the board. Ingo Holstein will assume the role of chief human resource offic...
    News
    Hyundai Mobis opens new Logistics Center in Gyeongju
    Hyundai Mobis has inaugurated a significant logistics center in Gyeongju, South Korea, to enhance the supply of aftersales parts for Hyundai Motor and Kia in the country, according to a report published by Business Korea on May 30. The Yeongnam Logistics Center, situated in the Myeonggye 3 General Industrial Complex in Gyeongju, North Gyeongsang Province, began full operations earlier in 2025. Construction of the center cost approximately 97 billion won (about $0.071 billion) and spann...
    News
    Vector's MICROSAR HSM secures ISO/SAE 21434 for cybersecurity
    The Vector firmware for hardware security modules (HSM), known as MICROSAR HSM, has been officially certified in accordance with ISO/SAE 21434. This certification highlights Vector's dedication to providing cybersecurity solutions that adhere to top international standards, reinforcing the company's position in the international software sector, according to a press release on June 6. This certification ensures that the firmware adheres to stringent cybersecurity practices throughout the vehi...
    News
    LG Energy Solution wins battery patent case against Sunwoda in Germany
    LG Energy Solution secured a legal victory against Sunwoda Group of mainland China in a battery patent infringement case in Germany. On May 22, the Munich District Court ruled in favor of LG Energy Solution, issuing a preliminary injunction banning Sunwoda from selling certain batteries in Germany. The court concluded that Sunwoda violated LG Energy Solution's separator technologies and ordered the company to stop sales, dispose of inventory and compens...
    News
    PowerGo expands EV charging infrastructure in Europe
    PowerGo, a leading charge-point operator (CPO) in Europe, is expanding its ultrafast-charging network in Denmark, the Netherlands, Spain and Belgium to support the increasing demand for electric mobility in Europe. PowerGo's new electric vehicle charging stations, which offer speeds from 240 kW to 480 kW, are strategically located to provide EV drivers with high-speed and reliable charging solutions. In Denmark, PowerGo secured a tender from the Danish Road Directorate to install 10...
    News
    AESC halts construction of its $1.6 billion gigafactory in the US
    Electric vehicle-battery maker AESC has paused the construction of its planned gigafactory in Florence, South Carolina, US, due to market uncertainties. Ongoing work at the planned battery manufacturing plant, which was intended to produce EV battery cells for BMW and expected to employ about 1,600 people, has been halted amid speculation surrounding US President Donald Trump's decisions on import tariffs and a proposal to eliminate subsidies to consumers for buying EVs. Trump's move c...
    News
    After CATL, Eve Energy plans public listing in Hong Kong
    Mainland Chinese battery-maker Eve Energy has announced its plans for public listing on the Hong Kong Stock Exchange, joining CATL and other domestic battery manufacturers.  Eve Energy disclosed its public listing plan in a regulatory filing at the Shenzhen Stock Exchange. The move is expected to enhance Eve Energy's global brand image and support its global business development efforts. The proposal to issue H-shares and list on the Hong Kong Main Board was approved during a board me...
    News
    Wallbox secures $15 million through private placements, involving SETT and existing investors
    Wallbox, a global entity in electric vehicle charging and energy management solutions, has announced two private placements of its Class A ordinary shares, totaling $15 million. The first investment, exceeding $9 million, comes from the government of Spain via the Spanish Society for Technological Transformation (SETT), marking SETT's entry into Wallbox's shareholder base as part of the company's February financing round. The other investment, surpassing $5 million, comes from existing invest...
    News
    Chinese sodium-ion battery startup Zoolnasm Energy secures new funding
    Chinese sodium-ion battery startup Jiangsu Zoolnasm Energy Technology has successfully completed its Series A2 financing round, bringing its total Series A funding to nearly 300 million Chinese yuan ($42 million). Several investors participated in this funding round, including Tiande Investment and Saize Capital, an existing shareholder. The funds raised will be allocated toward technological research and development, capacity expansion and market development. Founded in January 2021,...
    News
    AESC inaugurates gigafactory in Douai, enhancing France's sustainable mobility efforts
    AESC, known for its high-performance batteries for electric vehicles and energy storage systems, announced the start of production (SOP) at its new gigafactory in Douai, France. With an annual production capacity of 10 GWh, the facility will supply advanced batteries for Renault, potentially powering up to 200,000 EVs per year and providing 650 jobs, with expectations to increase to 1,000 jobs at full capacity. This development signifies a crucial step for France's journey toward sustainable ...
    News
    BYD plans to build megawatt charger network in Europe
    Leading mainland Chinese car manufacturer BYD announced its plan to establish a network of its recently launched megawatt chargers, popularly called flash chargers in Europe. This announcement was made by BYD's Executive Vice President Stella Li during a meeting with journalists in Brussels. In mainland China, BYD offers electric vehicles with batteries capable of recharging up to 400 km of driving range in just 5 minutes. The company plans to support these vehicles in Europe with its fl...
    News
    Toyota Group announces tender offer to privatize Toyota Industries
    In a bid to advance its transformation into a mobility company, Toyota Group announced a planned tender offer for the shares of Toyota Industries Corp., involving Toyota Motor Corp., Aisin Corp., DENSO Corp. and Toyota Tsusho Corp. These transactions aim to privatize Toyota Industries. A new holding company will be created, with Toyota Fudosan investing approximately ¥180 billion (about $1.26 billion) and Akio Toyoda committing ¥1 billion. Toyota Motor plans to invest about ¥700 billion in...
    News
    US-based startup Bedrock Materials pauses development of sodium-ion batteries
    US-based sodium-ion battery technology startup Bedrock Materials announced April 5 that it is winding down its operations and stopping development work on sodium-ion batteries. The startup blamed the crash in the price of lithium carbonate and policy tailwinds in the US, leading to uncertainty in the business case of sodium-ion batteries for electric cars. The startup, which secured $9 million in seed funding and opened its R&D headquarters in Chicago in 2024, now plans to return the mone...
    Briefing
    SparkCharge secures $30.5 million funding to expand mobile EV charging services in North America
    SparkCharge, known as the world's largest off-grid electric vehicle fleet charging network, announced a new influx of $30.5 million in capital. This financing includes a $15.5 million Series A-1 funding, led by Monte's Fam, and a $15 million venture loan from Horizon Technology Finance Corp. Venture capital and strategic investment firms such as Collab Capital and Cleveland Avenue participated in the funding round. The funds will be used to advance SparkCharge's mobile charging services acros...
    News
    CATL marks Hong Kong trading debut as one of the world’s biggest listings in 2025
    Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery manufacturer, has reportedly raised HK$35.7 billion on its Hong Kong trading debut, becoming one of the largest global listings for 2025. The company achieved this milestone despite being blacklisted by the Pentagon and amid geopolitical tensions. CATL's shares jumped 16% to HK$306.20, exceeding its Shenzhen stock price. Investors prioritized the potential of a leading company in EV technology over ...
    News
    Shell builds a test center for EV chargers in Hamburg, Germany
    Shell has opened the most powerful test center for charging infrastructure in Germany, at the Shell Technology Centre in Hamburg. This facility is intended for research and development, and testing of megawatt charging with capacities up to 5 megawatts, primarily for heavy-duty vehicles such as trucks, buses and electric-powered ships. The new test center aims to evaluate the rapid charging of batteries under various climatic conditions and the integration of different hardware and software c...
    News
    BASF begins commercial operations at black mass battery recycling plant in Germany
    BASF started the commercial operation of its black mass plant located in Schwarzheide, Germany, marking a significant milestone in its battery recycling business. This facility is among the largest of its kind in Europe, with the capacity to process up to 15,000 metric tons of end-of-life lithium-ion batteries and production scrap annually, equivalent to approximately 40,000 electric vehicle batteries each year. The operation of the black mass plant is a significant step forward for the ...
    News
    Continental shifts focus to passenger car and light truck tires in India
    Continental announced a strategic shift in its product portfolio in India and plans to focus only on the Passenger Car and Light Truck tire (PLT) business. As part of this transition, the Germany-based tiremaker will cease its Truck and Bus Radial tire (TBR) operations in the country. The company will also close its TBR manufacturing line at the Modipuram tire plant in Meerut, Uttar Pradesh. This strategic shift is intended to ensure the long-term viability of Continental Tires' ope...
    News
    RML Group achieves CoP certification for battery systems, advancing EV production capabilities
    RML Group Ltd., a prominent UK-based automotive engineering company, has achieved Conformity of Production (CoP) certification for its battery systems, according to a company press release on June 2. This milestone, validated by UCA, confirms RML's adherence to the UNECE Regulation 100, a critical safety standard for electrified powertrain components, and marks the first CoP certification for the company. This advancement positions RML to transition from prototype to mid-volume electric vehicle ...
    News
    Shell to build powerful charging infrastructure test center in Germany
    Shell announced the construction of the most powerful test center for charging infrastructure in Germany at the Shell Technology Centre Hamburg. This facility will focus on research, development and testing of megawatt charging with capacities up to 5 MW in the medium-voltage range. It will evaluate rapid battery charging for heavy-duty vehicles, such as trucks and buses, and electric ships under various climatic conditions, integrating different hardware and software components. Th...
    News
    Cyngn receives notice of allowance for new modular sensor system patent
    As reported in a press release on May 28, Cyngn Inc. announced that it has received a notice of allowance for a new patent related to its autonomous vehicle solutions. The patent, titled Modular Sensor System For Automated Guided Vehicles, involves a system designed to be attached to existing industrial machines with minimal modifications.  The notice of allowance is an important stage in the patent application process, and once finalized, this patent will expand Cyngn's intellectual pro...
    News
    Innometry to showcase EV battery X-ray inspection solutions at The Battery Show Europe 2025
    Innometry announced its plans to present X-ray inspection solutions for electric vehicle batteries at The Battery Show Europe 2025 in Germany. This event, recognized as Europe's largest battery expo, will feature Innometry's booth showcasing its X-ray equipment capable of precisely analyzing the internal structure of rechargeable batteries to identify defects and mitigate EV fire risks. Emphasizing its technological capabilities, the South Korean company utilizes artificial intelligence-based so...
    News
    Schaeffler India opens fifth powertrain manufacturing plant in Tamil Nadu, India
    Schaeffler India Ltd. inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu, further expanding its presence in India. This new 16,500-square-meter facility will produce both conventional and hybrid powertrain components, such as planetary gear systems and hybrid transmission components. The Shoolagiri plant is part of the first phase of development on a 108,000-square-meter plot, with full production capacity anticipated by the fourth quarter of 2025. This facility is pr...
    News
    BASF halts EV battery project in Canada amid market uncertainties
    BASF, a German chemical company, suspended its electric vehicle battery project in Canada, The Logic reported May 28. The company initially planned to open a battery materials plant in Bécancour, Quebec, after securing the site in 2022. However, due to market uncertainties and an ongoing cost-cutting plan, BASF has halted its investment. BASF remains prepared to invest in North America when demand arises, according to company spokesperson Daniela Rechenberger. The suspension of the pro...
    News
    SPIE plans to roll out EV charging service across France, opens new stations in Châteauroux
    SPIE CityNetworks, a subsidiary of the SPIE group that specializes in multitechnical services in energy and communications, announced new partnerships to deploy e-Vadea fast and ultrafast-charging stations across 14 municipalities in France through 2025. This initiative aims to expand the electric vehicle charging network beyond motorways and will comprise about 100 high-power charging (HPC) points at strategic locations, allowing EV batteries to be recharged from 20% to 80% in just 25 minute...
    News
    Indian battery-maker Amara Raja delays lithium-ion cell production to FY 2027
    Indian battery-maker Amara Raja Energy and Mobility Ltd. plans to delay the commencement of operations at its upcoming gigafactory in Telangana, India, by a year, a news report published by Autocar Professional said May 30. The report mentioned that Amara Raja Energy and Mobility plans to begin local manufacturing of lithium-ion cells in the second or third quarter of financial year 2027, instead of the earlier planned timeline of financial year 2026. Citing an investor presentation, the n...
    News
    Maruti Suzuki signs MOU with JETRO to promote business opportunities for startups from India and Japan
    Maruti Suzuki India Ltd. has signed a memorandum of understanding (MOU) with the Japan External Trade Organization (JETRO) to promote innovation and create business opportunities for startups from both India and Japan, the leading Indian carmaker said in a press release on May 29. This collaboration will enable the two partners to assist Indian startups in accessing Japan's vibrant startup and innovation ecosystem while also providing Japanese startups with the opportunity to engage wi...
    News
    Dekra opens US Automotive Test Center of Excellence in Michigan
    Dekra, a leading provider of safety, security, and sustainability testing and certification services, has opened a new automotive testing laboratory in Plymouth, Michigan. The facility, which is designed to address the future needs of the mobility sector, provides a wide range of automotive testing, validation and certification services, including electric vehicle testing, automotive electromagnetic compatibility (EMC), reliability testing, automotive connectivity technologies and digital t...
    News
    Nio Power installs 56 battery-swap stations in all districts of Tianjin in mainland China
    Nio Power, a wholly owned subsidiary of Shanghai-based electric-vehicle maker Nio, has successfully completed the installation of battery-swap stations across all districts in Tianjin, in the northern part of mainland China. The move is part of the company's Power Up Counties program. The company announced through a WeChat post that Nio Power now operates 56 battery-swap stations covering 16 districts in Tianjin. These stations cater to both Nio and Onvo customers. Nio's operations ...
    News
    Lynkwell reports 200% revenue growth with XLynk charger launch and leadership expansion
    Lynkwell, a US-based energy infrastructure provider, announced significant year-over-year growth, driven by the launch of its next-generation XLynk charger and an expansion in leadership with the hiring of a new COO. The company achieved over 200% revenue growth in the first quarter of 2025, amid a dynamic electric vehicle industry landscape marked by strong sales but volatile macroeconomic conditions. Lynkwell's comprehensive offerings, which include domestic hardware, software, service...
    News
    Pod Points rebrands as Pod, launches subscription service for home charging
    Pod, previously known as Pod Point, launched a new subscription-based, home-charging service for electric vehicles called Pod Drive. This service reduces the upfront costs for EV owners by lowering the installation cost of Solo 3S chargers from £1,249 to £99, in addition to offering a cashback incentive for "smart charging" up to 7,500 miles per year. The features aim to make home EV charging more affordable and convenient, providing an all-inclusive service that covers charger installation, a...
    News
    Pioneer India opens new automotive R&D center in Bengaluru
    Pioneer India, a subsidiary of Pioneer Corp., has established a new Research & Development Center in Bengaluru, India. This center will coordinate with Pioneer's global R&D and engineering networks to develop solutions in various areas, including automotive vision and sensing technologies, advanced driver assistance systems, and digital cockpit and human-machine interfaces. It will also focus on cloud-connected infotainment and telematics, AI and mobility data platforms, and connected so...
    News
    Loxo selects Aeva to power autonomous delivery vehicles
    In a press release on May 28, Aeva announced that Loxo, a Swiss provider of urban autonomy software, has chosen its long-range 4D Lidar technology for integration into Loxo's autonomous driving platform, Digital Driver. This collaboration will kick off with the deployment of Aeva Atlas, Aeva’s 4D Lidar sensor, across Loxo’s fleet of delivery vehicles. The Aeva Atlas will be implemented in Loxo's delivery vehicles, which are specifically designed for middle and last-mile log...
    News
    Hyundai Mobis files over 7,500 patents in three years to enhance competitiveness in future mobility
    Hyundai Mobis filed more than 7,500 patents in the past three years to strengthen its global competitiveness in future mobility and electrification technologies, Yonhap News Agency reported May 26. This information was revealed by the leading South Korean automotive component supplier during its annual in-house Invention Day ceremony, held at a research center in Yongin, south of Seoul, in South Korea. Among the patents, more than 3,000 were related to electrification, autonomous dr...
    News
    Renault Korea integrates Fireman Access system to enhance road safety in EVs
    Renault Korea announced plans to equip its electric vehicles sold in South Korea with advanced safety technologies, including the innovative fire response system called Fireman Access, The Korea Herald reported May 27. Developed by the Renault Group, Fireman Access is designed to significantly reduce the time and resources required to extinguish fires in EVs. The system features a dedicated channel within the battery casing, sealed with an adhesive disk. In the event of a fire, wate...
    News
    Baidu's Apollo Go expands global robo-taxi fleet to 1,000 vehicles
    Baidu's autonomous ride-hailing service, Apollo Go, expanded its fleet to 1,000 robo-taxi vehicles globally, representing a significant milestone for the company, CnEVPost reported May 21. During a recent earnings call, CEO Robin Li shared that Baidu aims to strengthen its position in the autonomous ride-hailing market. According to Baidu's unaudited earnings report, Apollo Go provided over 1.4 million rides in the first quarter, an increase of 75% compared with the same quarter the prev...
    News
    BMW Group reaches 3-millionth electrified vehicle production milestone
    BMW announced that it has produced the 3-millionth electrified vehicle from the BMW Group at its Munich plant, marking a significant milestone for the company. This vehicle, a BMW 330e Touring in Portimao Blue, is bound for the UK market. By 2024, one in four vehicles sold by the company was either fully electric or a plug-in hybrid, with electrified and internal combustion vehicles manufactured together on the same line across BMW plants. The BMW Group began producing fully electric vehic...
    News
    Changan begins rolling out EVs developed on CATL’s battery-swap technology
    Changan Automobile has successfully delivered the first 1,000 units of the Oshan 520 electric sedans, which are built on CATL's Choco-SEB battery-swap technology. The model will be used as fleet cabs in Chongqing, mainland China. The move marks a significant milestone for CATL, especially highlighting industry adoption of its swappable battery solutions at scale. CATL's Choco-SEB swappable batteries are standardized battery packs that can be used at battery-swap stations for qu...
    News
    ADS-TEC Energy expands operations into Austria, incorporates local subsidiary
    ADS-TEC Energy, a company specializing in battery-based energy storage and fast-charging systems, announced the establishment of its new subsidiary, ADS-TEC Energy Austria GmbH. This expansion into Austria, part of the DACH region that includes Germany, Austria and Switzerland, is intended to enhance customer support services across Central and Eastern Europe. This move, aligning with the company's international growth strategy, saw the launch of the Austrian entity in April in Kötschach-Mau...
    News
    Hyundai plans local EV production in Turkey by 2026
    South Korean carmaker Hyundai is planning to commence local production of its first electric vehicles in Turkey by August 2026 at its plant in İzmit, Kocaeli. This initiative aims to position Hyundai as the first automaker to sell locally manufactured 100% electric cars in the country, succeeding Togg. Hyundai's existing İzmit facility, which exports 85% of its output to Europe, will see a reduction in its production capacity from 245,000 units in 2024 to 190,000 units in 2025 to accommodat...
    News
    Wolfspeed plans to file bankruptcy amid debt management challenges
    Semiconductor supplier Wolfspeed is preparing to file for Chapter 11 bankruptcy within weeks due to challenges in managing its debt, according to a Reuters report dated May 20. The report referenced The Wall Street Journal as the original source of the news, which cited sources familiar with the situation. Following this news, the company's shares fell over 57% in extended trading. Wolfspeed has been facing difficulties stemming from low demand in industrial and automotive markets, as well as...
    News
    Thyssenkrupp transitions to strategic holding company with independent business segments
    The executive board of thyssenkrupp is developing a strategic target model for the future course of the entire group and plans to submit it to its supervisory board before the end of the current financial year 2024/25, ending Sept. 30, 2025. As part of the plan, the Germany-based company — with business interests from automotive to chemicals to oil and gas to shipbuilding — is gearing up to transition into a strategic holding company with independent business segment...
    Briefing
    CATL to start EV battery production in Indonesia by March 2026
    Contemporary Amperex Technology Co. Ltd. (CATL) is set to begin electric vehicle battery production in Indonesia by March 2026. According to Yuliot Tanjung, deputy minister of Energy and Mineral Resources, CATL is preparing to launch operations in alignment with Indonesia's expanding EV battery ecosystem, having secured an off-taker for its battery products. The production venture will proceed in two phases due to regulatory requirements from the Chinese government, with 7.5 GWh of the i...
    News
    Trelleborg Sealing Solutions to unveil e-mobility innovations at The Battery Show Europe
    Trelleborg Sealing Solutions is set to showcase its range of e-mobility solutions at The Battery Show Europe, from June 3 to 5. Among the highlighted innovations will be the CellXPro material range, designed to enhance battery performance in electric vehicles by improving efficiency, range, charging speed and sustainability. The materials include ethylene propylene diene monomer (EPDM), fluoroelastomer (FKM) and perfluoroalkoxy (PFA) compounds, which are engineered to withstand...
    News
    Elektros announces lithium project development in Sierra Leone
    Elektros Inc., a company focused on sustainable energy and advanced electric mobility, announced a major development in its lithium project in Sierra Leone. Elektros has received the necessary permits and regulatory approvals to begin preliminary development of its mining operations in Southern Sierra Leone. This endeavor marks a significant step in its long-term goals, highlighting the company's innovation and influence in the global energy sector. The company emphasizes regulatory complianc...
    News
    Trump announces US Steel partnership with Nippon Steel amid takeover speculation
    On May 23, US President Donald Trump announced a partnership between US Steel and Nippon Steel without explicitly endorsing the previously announced takeover of the US-based steelmaker by the Japanese rival. “I am proud to announce that, after much consideration and negotiation, US Steel remains in America and keeps its headquarters in the great city of Pittsburgh,” Trump said on his Truth Social platform. “My tariff policies will ensure that stee...
    News
    Charge-point operator Fastned opens ultrarapid EV charging to Scotland’s West Coast
    Fastned, a leading charge-point operator (CPO) in Europe, has opened a new electric vehicle charging hub with four chargers in Greenock, west of Glasgow, Fastned announced May 20. The CPO said that it has installed brand-new ultrarapid EV chargers that can deliver an output of 400 kW at the newly opened charging hub in Greenock, providing a quick charging boost for an initial four electric drivers traveling along the West Coast in Scotland. The site is located off Greenock’s Main Street,...
    News
    Ford to share US battery plant with Nissan amid financial pressures in EV sector
    Ford Motor Co. is scaling back its ambitions in the electric vehicle sector by allowing Nissan to use part of its US battery facility in Kentucky. This decision follows financial challenges from weak EV sales, high costs and tariff risks. Once a key element of Ford's $7 billion EV investment announced in 2021, the Kentucky battery plants, developed in partnership with SK On through the BlueOval SK joint venture, are now partially or fully idle. The move to share the facility with Nissan marks...
    News
    Northvolt to cease battery-cell production in Sweden by June amid bankruptcy
    Swedish automotive battery-maker Northvolt, which filed for bankruptcy in March, plans to shut down its remaining battery-cell production in Sweden by the end of June, as confirmed by its trustee. Northvolt's bankruptcy on March 12 marked one of Sweden's largest corporate failures and ended Europe's key attempt to compete with China in battery manufacturing. Efforts to find a buyer for the Swedish operations continue, but bankruptcy trustee Mikael Kubu indicated that there is little chance of...
    News
    Snowflake expands AI Data Cloud for automotive solutions amid industry digital transformation
    Snowflake announces the expansion of its AI Data Cloud for Manufacturing to include automotive-specific solutions. Since April 2023, the platform has gained traction in the manufacturing sector, with a 416% increase in data application and collaboration initiatives, 185% rise in analytics deployments and 188% growth in data science solutions. The company is enhancing its platform to cater to the automotive industry's needs as manufacturers accelerate&...
    News
    CATL’s new battery manufacturing plant in Jining goes into production
    CATL, the largest battery-maker in mainland China, started production at its new facility in Yanzhou District, Jining, Shandong. This is its first base in northern China and the largest in the country by planned capacity. The project is being developed in three phases, with the first phase already operational and possessing a capacity of 60 GWh. The first phase covers 530,000 square meters, including factory buildings and living facilities. The second and third phases are set t...
    News
    KPIT Technologies opens technology center at Lindholmen Science Park in Sweden
    KPIT Technologies inaugurated its new technology center at Lindholmen Science Park in Gothenburg, Sweden, marking its first center in the Nordics. This expansion signifies KPIT's strategic commitment to European original equipment manufacturers and an investment in the region's talent and innovation ecosystem. The Gothenburg center is strategically located within Sweden's automotive and mobility research and development hub, surrounded by car manufacturers, academic institutions and mobility sta...
    News
    Luminar to raise $200 million from investors through convertible preferred stock
    Luminar Technologies, a US-based company specializing in Lidar technology, finalized an agreement with YA II PN Ltd., an investment fund managed by Yorkville Advisors Global, and another accredited investor to raise up to $200 million through convertible preferred stock in registered direct offerings over the next 18 months. Under the terms of the agreement, Luminar will issue $35 million of convertible preferred stock, with the potential for additional issuances of up to $35 millio...
    News
    CATL eyes mobile EV charging market with in-house brand CharGo
    The world's largest battery-maker Contemporary Amperex Technology Company (CATL) has expanded its operations by establishing CharGo, a subsidiary focused on developing mobile storage and charging robots for electric vehicles. These robots aim to fill gaps where EV charging infrastructure is unavailable, or where the charging stations are running at full capacity with no access to waiting EV drivers.  CharGo is striving to become a market leader by planning to deploy between 5,000 and 15,...
    News
    Blink Charging announces job cuts in a strategic restructuring plan
    Blink Charging Co., a global provider of electric vehicle charging equipment and services, announced a strategic restructuring plan aimed at enhancing operational efficiencies and supporting long-term growth. As part of this plan, the company will reduce its global workforce by approximately 20% to streamline operations and align with its BlinkForward strategic priorities. This reduction is expected to lead to annual savings of over $11 million, although it will incur related costs betwe...
    News
    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, ...
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