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    Risk analysis of building gigafactories in Europe
    Europe and the UK region have witnessed a few high-profile battery companies abruptly filing for insolvency in the recent past, leaving behind a noteworthy setback for the region’s local battery production ambitions. UK’s promising battery startup Britishvolt, which was once hailed by the country’s prime minister, filed for insolvency in January 2023. It was soon followed by the Swedish battery company Northvolt, which represented Europe’s hopes to compete with China’s hegemony in t...
    Insights
    How smart charging technologies are shaping the EV landscape
    The fast-charging sector for electric vehicles is evolving with new technologies and changing consumer needs. A major trend is the rise of ultra-fast charging stations, which can recharge an EV's battery to 80% in just 15 to 30 minutes, significantly reducing drivers’ wait times. Smart charging technologies are also gaining traction, optimizing charging based on grid conditions and energy prices. This includes demand response programs that allow EVs to charge during off-peak hours or when r...
    Insights
    Electrify America opens first Hyper-Fast EV charging station in Santa Monica
    Electrify America has inaugurated its first charging station in Santa Monica, California, to address the rising demand for Hyper-Fast electric vehicle charging in Southern California, US. The facility includes 20 Hyper-Fast chargers that can deliver speeds of up to 350 kW, allowing equipped EVs to gain approximately 20 miles of range per minute. This new station is part of Electrify America's extensive network, which is positioned near the I-10 freeway. Electrify America has established itsel...
    News
    General Motors plans to revive autonomous vehicle program with focus on personal-use cars
    General Motors (GM) is refocusing its efforts on autonomous vehicle development by planning to rehire former employees from its closed Cruise unit, according to a report published by CBT News on Aug. 12. This shift signals a renewed commitment to creating self-driving cars for personal use, moving away from the robo-taxi sector. The goal is to eventually produce fully driverless cars, without human supervision. Sterling Anderson, GM's new product development lead and former Tesla Autopil...
    News
    Scantinel Photonics files for insolvency amid European automotive crisis
    Scantinel Photonics GmbH, based in Ulm, Germany, has filed for insolvency, with the Local Court of Ulm ordering provisional insolvency administration on Aug. 6. Georg Jakob Stemshorn from PLUTA Rechtsanwalts GmbH has been appointed as the provisional insolvency administrator. Despite the insolvency filing, the startup, which develops chips for autonomous driving, continues its business operations and employs approximately 50 people. The employees have been informed about the situation, and their...
    News
    CATL confirms suspension of operations at Yichun lithium mine in mainland China
    CATL has confirmed the suspension of production operations at a significant lithium mine in the Yichun area of Jiangxi province in mainland China, following the expiration of its mining permit on Aug. 9. The company is in the process of expediting the permit renewal and intends to resume operations once approval is received, saying the suspension will have a minimal impact on its overall operations. A local media outlet, Cailian, reported that while the mining permit for CATL's Jianxi...
    News
    Ubitricity reaches installation milestone with over 10,000 EV charge points in the UK
    Ubitricity, the UK's largest public electric vehicle charge-point operator, has achieved the installation of over 10,000 EV charge points, accounting for 12% of all public charge points in the country. Recently, it has been working on several projects, including installing 2,000 charge points in the London Borough of Tower Hamlets, over 500 in Waltham Forest, over 100 in Westminster, and completing 560 in Birmingham. These efforts align with its mission to expand public EV charging access for...
    News
    Ford announces $5 billion investment in Louisville and BlueOval Michigan for new EV production
    Ford Motor Co. has announced that it will be investing approximately $5 billion to create or secure nearly 4,000 jobs across its Louisville Assembly Plant and BlueOval Battery Park Michigan. The initiative aims to produce a new pickup and advanced prismatic lithium iron phosphate (LFP) batteries. Ford will invest nearly $2 billion in the Louisville Assembly Plant to assemble the midsize electric truck, securing 2,200 hourly jobs. The Louisville Assembly Plant will see a significant expansion&...
    Briefing
    Revel ceases ride-share operations, to shift focus to EV charging operations
    Revel, a New York-based ride-share and electric vehicle charging company, has decided to cease its ride-share operations to concentrate on expanding its network of EV charging stations. The decision mirrors a prior move in 2023 to end its electric moped service, citing the crowded transportation market and intense competition from companies such as Uber and Lyft. Revel's fleet had a significantly lower number of rides compared to these competitors, with about 80,000 rides in its peak month of...
    News
    Leapmotor ventures into auto components business, begins supplying battery packs to vehicle manufacturers
    Leapmotor is expanding into the automotive components supply business by supplying battery packs to commercial vehicle manufacturers, utilizing cells from CATL and other battery producers. Through its subsidiary Lingxiao Energy, Leapmotor designs and assembles these battery pack systems. The company has secured orders from over five new-energy commercial vehicle customers and is negotiating with additional partners, including Xeazon New Energy Vehicle Co. Ltd. As announced in July by CEO Z...
    News
    AEye announces new achievements and strategic initiatives to drive growth
    AEye CEO Matthew Fisch announced several new achievements for the company, marking a significant turning point. These include its certification as an NVIDIA DRIVE AGX partner and selection for the General Motors-backed WinTOR project. A major global transportation original equipment manufacturer's selection of Apollo for an important autonomous safety program could bring a $30 million opportunity, expected to contribute to this year's revenue. Additionally, AEye launched the OPTIS platform, whic...
    News
    Porsche opens eighth exclusive charging lounge in Germany
    A new Porsche Charging Lounge has opened near the A5 autobahn close to Europapark Rust, coinciding with the start of the summer holidays in Baden-Württemberg, Germany, and Bavaria, Germany. This location in Ringsheim is the eighth exclusive Porsche charging station, joining others in Bingen am Rhein, Germany; Estenfeld near Würzburg, Germany; Hamburg, Germany; Ingolstadt, Germany; Koblach, Austria; Leonberg, Germany; and Nyon, Switzerland. The strategic positioning of th...
    News
    Trump administration plans tariffs on semiconductors, impacting US hardware and AI companies
    The semiconductor industry is experiencing significant developments as US President Donald Trump announced on CNBC's Squawk Box that his administration plans to introduce tariffs on semiconductors and chips, potentially as soon as next week. However, the details of these tariffs remain unspecified. This move could have profound implications for US hardware and AI companies. In 2022, the US CHIPs and Science Act was enacted, providing $52 billion in subsidies to encourage domestic chip manufactur...
    News
    Lynkwell secures three-year contract to expand EV charging networks in Southern California
    Lynkwell has been awarded a three-year contract by the Southern California Public Power Authority (SCPPA) to manage and support the expansion of electric vehicle charging networks. SCPPA, a Joint Power Authority formed in 1980, facilitates joint planning and operation of transmission and generation projects for 11 municipal utilities and one irrigation district. These members serve over 5 million Californians, encompassing a network of more than 800 charging stations as part of California's e...
    News
    Tesla shifts focus to inference chip development
    Tesla intends to concentrate its AI chip development on inference chips that run AI models and facilitate real-time decisions, as announced by CEO Elon Musk. This decision follows reports from Bloomberg News, which suggested the disbandment of Tesla's Dojo supercomputer team, led by Peter Bannon, who has reportedly exited the company. The Dojo supercomputer was initially created with custom training chips to handle extensive data and video from Tesla electric vehicles to enhance its autonomous-d...
    News
    Tesla opens EV charging hub in the city of Goulburn, New South Wales, Australia
    Tesla has inaugurated a newly developed electric vehicle charging hub in the city of Goulburn, New South Wales, Australia. The company said the new charging site is the largest EV charging hub in the southern hemisphere.  The new Goulburn Supercharger station, located near the Big Merino landmark, includes 20 high-speed EV charging stalls. The facility aims to alleviate congestion on the busy route between Sydney and Canberra and complements Tesla's existing EV charging ne...
    News
    CATL suspends production at a major lithium mine in Yichun for three months
    CATL has reportedly suspended operations at its significant lithium mine in Jianxiawo, Yichun, in the Jiangxi province of mainland China. While unfavorable for CATL, the development might benefit other lithium producers who have endured prolonged price suppression. The cessation of operations is attributed to CATL's inability to renew a vital mining license that expired Aug. 9. The company is in discussions with government agencies to extend the license but is preparing for a closure las...
    News
    Lucid Air sets world record with Samsung SDI battery technology
    The Lucid Air Grand Touring electric vehicle, equipped with Samsung SDI's 21700 cylindrical batteries, has set a Guinness World Record by traveling 1,205 km (749 miles) on a single charge. This achievement highlights the battery technology of Samsung SDI, demonstrating excellence in capacity, life span and fast charging, in conjunction with Lucid's advanced powertrain and superior engineering. Lucid's record-breaking journey, undertaken in July from St. Moritz, Switzerland, to Munich, surpass...
    News
    Geely Auto secures AI safety certification under ISO/PAS 8800 from SGS-TÜV Saar
    SGS-TÜV Saar has awarded Geely Auto the world's first certification for AI safety process compliance under the ISO/PAS 8800:2024, marking an important milestone in the automotive industry. This certification affirms that Geely Auto's safety process architecture aligns with the latest standards for AI systems in road vehicles, setting a precedent for secure and standardized AI integration in autonomous driving technologies. With AI playing a crucial role in advanced mobility by enhancing sensing...
    News
    Continental plans to spin off automotive group amid strong Q2 2025 earnings
    Continental demonstrated resilience in the second quarter of 2025, with notable improvements in the Automotive group sector's earnings compared to the previous year and the start of 2025. Despite challenges from tariffs and exchange rates, the Tires group sector maintained a strong double-digit adjusted EBIT margin, while ContiTech increased its adjusted EBIT margin compared to the first-quarter. The company intends to further enhance the Tires and ContiTech sectors in the latter half of the yea...
    News
    GlobalFoundries partners with Chinese foundry for localized automotive-grade CMOS production
    GlobalFoundries is intensifying its China-for-China strategy through a new partnership with a local foundry, despite facing a weak third-quarter outlook due to sluggish consumer demand. The chipmaker is initiating this collaboration with automotive-grade complementary metal-oxide-semiconductor (CMOS) and bipolar-CMOS-DMOS (BCD) technologies. The company's executives revealed that both domestic and international semiconductor companies with needs in China are expected to benefit from this de...
    News
    DeCharge launches decentralized EV charging network in the US to boost EV charging infrastructure
    DeCharge, a decentralized electric vehicle charging infrastructure network, has announced its official launch in the US to establish a community-powered charging model for both drivers and businesses. This initiative enables a variety of hosts, such as small business owners and parking lot operators, to install EV chargers and earn revenue, thereby addressing the significant shortage of public charging infrastructure. The company's US operations will begin with pilot deployments in the D...
    News
    Revel introduces SmartKit Demand Response in NYC to optimize EV charging
    Revel, an electric mobility company based in Brooklyn, New York, has introduced its SmartKit Demand Response technology at its Williamsburg Superhub, located at the historic Dime Building, to enhance electric vehicle charging and support New York City's clean energy transition. This technology, developed in partnership with Logical Buildings, strategically schedules vehicle charging to alleviate grid pressure during peak hours, reducing emissions and generating revenue through Demand Response...
    News
    Antolin secures €150M syndicated loan under ICO guarantee scheme for transformation plan
    Automotive interior systems supplier Antolin secured a €150 million syndicated loan as part of its ongoing transformation plan. The loan falls under the Instituto de Crédito Oficial (ICO)’s guarantee scheme, specifically for companies impacted by tariffs in the US. Antolin's main financial partners, which include CaixaBank, Santander, BBVA (acting as the agent bank), Sabadell and HSBC, support the financing. The loan has a seven-year maturity and includes an 18-month grace period. This a...
    News
    Seoul Robotics initiates KOSDAQ listing process, led by Samsung Securities
    Seoul Robotics, a company focusing on autonomous driving software, has initiated the process to be listed on the Korean Securities Dealers Automated Quotations (KOSDAQ) market. The Korea Exchange's KOSDAQ market division reported that Seoul Robotics filed an application for a preliminary listing review on Aug. 4. The listing process is being led by Samsung Securities as the main underwriter. Founded in 2017 by CEO Lee Han-bin, who has a background in mechanical engineering from Pennsylvania S...
    News
    LG Uplus VoltUp leads domestic slow-charger market with 29% share
    LG Uplus VoltUp, a joint venture between LG Uplus and Kakao Mobility, has achieved the top market share in the South Korean slow-charger market for electric vehicles in the first half of 2025, as announced on July 25. As per the Ministry of Environment's Zero Emission Vehicle Integrated Website, about 37,000 new slow chargers were installed in the country during this period, with VoltUp accounting for 29% of this, equating to 10,800 units, which is more than double that of its closest competitor...
    News
    EnergyX expands holdings in Smackover formation with $26 million deal
    EnergyX, a lithium technology startup backed by General Motors (GM), recently expanded its holdings in the Smackover formation, which stretches from Florida, US, to Texas, US, by acquiring an additional 35,000 acres in a $26 million cash and shares deal. This brings the company's total stake in the area to 47,500 acres. The Smackover is estimated to contain more than 4 million metric tons of lithium, a valued resource for electric vehicles and electronic devices, and EnergyX's holdings are situa...
    News
    Koito restructures operations in mainland China amid market shifts
    Koito Manufacturing has announced plans to restructure its production system in mainland China, the Japanese supplier said in a press release on July 29. This decision comes in response to a notable decline in vehicle sales of Japanese automakers, Koito's primary customers, in mainland China amid significant shifts in the world's largest automotive market, including the rapid emergence of local Chinese new-energy vehicle manufacturers. Koito’s operations in mainland China comprise three com...
    News
    IAA Mobility 2025: Continental to debut AUMOVIO brand to showcase innovative automotive technologies
    Continental's Automotive group sector will debut under the new independent company name AUMOVIO at the IAA Mobility in Munich from September 9-12, 2025, with a press day on September 8. This event will allow visitors to see the latest technology innovations across four industry themes: safe, inspiring, connected, and autonomous. AUMOVIO represents the consolidation of Continental's automotive expertise into a new technology and electronics company focused on key technologies, as explained by AUM...
    News
    Aurora expands driverless truck operations with new Phoenix terminal and night driving
    Aurora Innovation announced that it has begun driverless commercial operations at night and opened a terminal in Phoenix. The company has expanded driverless operations on the Dallas-to-Houston route to include nighttime driving, effectively more than doubling truck utilization potential and significantly decreasing delivery times, which could lead to profitability in autonomous trucking. The company emphasized that autonomous trucks can enhance road safety, particularly at night when 37% of ...
    News
    Ecarx’s Cloudpeak software stack powers new Volvo EX30 Cross Country
    Ecarx Holdings Inc. has announced that its Cloudpeak cross-domain software stack is being used in the global launch of the Volvo EX30 Cross Country compact electric sport utility vehicle. The vehicle began sales in mainland China on July 17, following its initial launch in Europe in February. The Cloudpeak software stack is built on a unified global platform, allowing automakers to easily adapt products for different regional markets. In Europe, the software offers a Google Automotive Services-c...
    News
    The city of Amstetten gets one of Austria’s largest EV charging hubs
    The newly constructed electric vehicle charging park near the Amstetten West motorway junction in Austria is set to begin operations on Aug. 1. Covering more than 3,000 square meters, the EV charging park will initially offer 40 charging stations with ultrafast-charging capabilities of up to 400 kW. Alongside the charging facilities, a variety of recreational and service amenities, including playgrounds, a bistro, restroom facilities and a dog run, will be available for visitors. This develop...
    News
    SK On, SK Enmove merge as part of SK Innovation’s business restructuring
    SK Innovation has announced a merger between its electric vehicle battery subsidiary, SK On, and SK Enmove, known for lubricants and immersion cooling technology, as part of its strategy to evolve into a comprehensive energy company amid the electrification era. The merger was approved on July 30, and the newly combined entity is set to launch on Nov. 1. Concurrently, SK Innovation and SK On's boards have approved a large-scale capital increase through third-party allotment to enhance ca...
    News
    ZF board, employee representatives agree on future of ZF’s Car Driveline Technology division
    On the sidelines of the ZF supervisory board meeting on July 30, a significant agreement was signed between the ZF board of management and employee representatives. The agreement initiates an independent and confident restructuring of ZF's Division E, which oversees electrified drive technologies. The agreement was signed by Barbara Resch, district manager of IG Metall Baden-Württemberg; Achim Dietrich, chairman of the ZF General Works Council; Mathias Miedreich, ZF board member re...
    News
    Freudenberg Sealing Technologies transitions New Hampshire site to e-mobility and hydrogen focus
    Freudenberg Sealing Technologies (FST) is undergoing a significant transformation at its Manchester, New Hampshire, site, transitioning from producing gaskets for combustion engines to focusing on e-mobility and hydrogen applications. This shift is supported by major investments and a funding initiative from the US Energy Department. The site will now prioritize manufacturing sealing solutions for battery housings and e-drive systems, necessitating the introduction of new semi- and fully-auto...
    News
    CATL builds a network of over 400 battery-swap stations for electric cars in China
    CATL, China's largest battery manufacturer, has built a network of more than 400 battery-swap stations for passenger vehicles across the territory as of the end of July. The company aims to build 1,000 such battery-swap stations by the end of 2025. The company's battery-swap operations for passenger vehicles and heavy-duty trucks are advancing smoothly, with approximately 100 battery-swap stations for heavy-duty trucks already completed, expecting to reach about 300 by year-end...
    News
    Instavolt to set up an EV charging hub in Wiltshire, UK
    InstaVolt, a leading charge-point operator (CPO) in the UK, has secured a 40-year lease to establish a superhub featuring 30 ultrarapid chargers, a café and a farm shop on the A303 in Wiltshire, UK. This hub aims to serve both local traffic and the broader community. Inspired by the successful Winchester Superhub, InstaVolt plans to integrate large batteries and solar installations, facilitating discounted charging periods similar to the 50 pence per kilowatt-hour offered at Winche...
    News
    MN8 Energy unveils Gateway to Hunts Point EV charging hub in South Bronx
    MN8 Energy LLC announced the Gateway to Hunts Point project, a freight electric vehicle charging hub and workforce development center in the South Bronx, New York. This facility will include 42 EV charging plugs for medium and heavy-duty vehicles, a welcome center named The Bolt, and community solar installations. This project addresses health and environmental concerns in the area, particularly the high asthma rates from truck traffic. The facility will serve the Hunts Point Food Distri...
    News
    Rivian integrates NACS cables into its charging network for broader access
    Rivian has begun integrating North American Charging Standard (NACS)/Tesla connectors into its Rivian Adventure Network, allowing Tesla vehicles and other brands with NACS ports to utilize Rivian's charging facilities. The North American electric vehicle industry is transitioning to the NACS plug, originally advanced by Tesla and now adopted as an official SAE standard, moving away from J1772 and CCS plugs. This shift is influenced by former US President Biden's federal charging grants, which in...
    News
    EVgo secures $225 million credit facility to fund growth plans
    EVgo Inc., a provider of public fast-charging infrastructure for electric vehicles, has announced the closing of a $225 million senior secured, nonrecourse credit facility with leading global project finance banks. This financing, which can potentially increase by an additional $75 million, marks a pioneering move in the US commercial bank market for charging infrastructure. The facility was oversubscribed, indicating strong interest and support. The funds from the facility will enable EVg...
    News
    Lyten secures over $200 million in equity investment to support its acquisition strategy
    Lyten, a US-based company specializing in supermaterial applications and lithium-sulfur batteries, announced it has secured over $200 million in additional equity investment, bringing its total investment to over $625 million. This new funding, which has come primarily from existing investors, will aid Lyten in accelerating its acquisition strategy and expansion in the US and Europe. Additionally, Lyten has acquired the rights to Northvolt's energy storage products, including Voltpack Mobi...
    News
    Milence opens ninth electric truck charging hub in Dunkirk, France
    Milence, a joint venture between Daimler Truck, Traton Group and Volvo Group, has opened its ninth electric truck charging hub in Dunkirk, France, on the North Sea-Rhine-Mediterranean corridor of the Trans-European Transport Network (TEN-T). This expansion is part of Milence's strategy to strengthen its presence in northern France and enhance connectivity between France and neighboring countries such as Belgium, the Netherlands and Germany. Milence has also begun developing its tenth hub...
    News
    Pony.ai launches 24/7 robo-taxi services in Guangzhou and Shenzhen
    Pony.ai, a company specializing in autonomous driving technology, has launched 24/7 robo-taxi operations in Guangzhou and Shenzhen in mainland China, expanding from its previous 15-hour daily services. In addition, the company has also extended its testing hours for robo-taxis in Beijing to a full 24 hours each day. This development is part of Pony.ai's broader efforts to enhance its presence in China. Pony.ai's autonomous driving system, known as the virtual driver, has surpas...
    News
    Xpeng commences local production operations in Indonesia
    Xpeng has commenced its first overseas localized production in Indonesia, announcing at the 2025 Gaikindo Indonesia International Auto Show the delivery of its first locally assembled Xpeng X9 multipurpose vehicle. This marks the beginning of Xpeng's global localization production strategy. The company employs the completely knocked down (CKD) approach, where components are imported and assembled locally. Alongside the X9, Xpeng also displayed its flying car, the G6 sport utility vehicle...
    News
    Trump finalizes bilateral trade agreement with EU, agrees to 15% import tariff on all EU goods into US
    The US has reached a framework for a trade deal with the EU, allowing the US to impose a 15% import tariff on most goods from the EU. This agreement was jointly announced by US President Donald Trump and European Commission President Ursula von der Leyen on Sunday, July 27, at Trump's luxury golf course in Turnberry, Scotland. This development concludes a lengthy period of uncertainty with the EU, the US' largest trading partner. Trump confirmed the 15% levy on most imports from the EU, inclu...
    News
    BMW i Ventures invests in Estes Energy for advanced battery platform development
    BMW i Ventures has announced a colead investment in Estes Energy Solutions Inc., a materials and manufacturing innovator based in California, US. The $11 million seed round was coled with Fortescue Ventures and included participation from New Systems Ventures and DCVC. This funding brings Estes' total raised capital to $20 million and will support the completion of its chemistry-agnostic battery pack platform and the establishment of domestic manufacturing capabilities. The investme...
    News
    BP Pulse opens its largest EV charging hub near Los Angeles International Airport
    BP Pulse, the global electric vehicle charging infrastructure business of BP, has inaugurated its largest EV charging hub in the US, located two miles from Los Angeles International Airport (LAX). This site features 48 ultrafast EV charging bays equipped with 400-kW and 150-kW DC fast chargers compatible with both Combined Charging System (CCS) and North American Charging Standard (NACS) connectors. The facility will soon offer additional amenities such as a lounge, vending machines, restro...
    News
    Electra secures €433 million green loan to expand EV charging network across Europe
    Electra, a leading charge-point operator (CPO) in Europe, has secured a green loan facility of up to €433 million to support its growth. This includes €283 million in committed facilities and a €150 million incremental accordion facility, bringing Electra's total funding to over €1 billion since its inception. Electra CEO and Co-founder Aurélien de Meaux said that the company chose a green loan to fund projects that contribute to environmental objectives, leveraging debt fi...
    News
    NXP anticipates automotive chip demand to recover amid industry challenges
    NXP Semiconductors NV CEO Kurt Sievers indicated that the prolonged inventory surplus of automotive chips, which has been affecting the company's business, might conclude in 2025, according to a Bloomberg report published July 22. Despite facing challenges such as heavy competition and supply chain disruptions due to tariffs impacting car demand, Sievers mentioned that the company's automotive sector is seeing substantial growth from the second to the third quarter. He expressed optimism that on...
    News
    Pony.ai's Gen-7 BAIC robo-taxi begins road testing in Beijing
    In a press release on July 23, Pony.ai announced that the seventh-generation (Gen-7) Beijing Automotive Industry Corp. (BAIC) robo-taxi model has started road testing in Beijing. This development marks significant progress toward large-scale production and commercial deployment for Pony.ai, an organization that specializes in autonomous mobility. The BAIC robo-taxi fleet is operating in a 225-square-kilometer High-Level Autonomous Driving Demonstration Zone in Beijing. Alongside the BAIC...
    News
    Lucid partners with mineral producers to boost US automotive supply chain
    Lucid Group Inc., known for producing advanced electric vehicles, has joined the newly launched Minerals for National Automotive Competitiveness Collaboration (MINAC) and partnered with critical mineral producers such as Alaska Energy Metals, Graphite One, Electric Metals and RecycLiCo. This collaboration seeks to expedite the development and procurement of essential minerals for automotive manufacturing by US-based automakers and tier 1 suppliers. MINAC is an initiative aimed at en...
    News
    MAHLE advocates for technology diversity to decarbonize road traffic
    In a press release dated July 23, MAHLE said that it is focusing on decarbonization through technology diversity as a strategic approach to rapidly and effectively reduce greenhouse gas emissions. MAHLE CEO Arnd Franz emphasized the need for technology diversity in regulations, advocating for the inclusion of sustainable internal combustion engines (ICEs) and climate-neutral fuels in European CO2 legislation. At IAA Mobility in Munich, MAHLE will showcase technologies aimed at accelerati...
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    Bosch to cut 1,100 jobs at German plant amid challenging business environment in Europe
    Bosch plans to restructure its Reutlingen plant in Germany, potentially cutting up to 1,100 jobs by 2029, Mint reported on July 22. The layoff will affect approximately one-tenth of the workers at the site, including those involved in the assembly line and back-office roles. The decision is attributed to intense competition within the European market for steering systems, particularly from Chinese manufacturers, which has been challenging German car manufacturers...
    News
    Yokohama Rubber supplies 20-inch ADVAN Sport V107 tires for Mercedes-AMG CLE 53 coupe
    Yokohama Rubber announced that it is supplying 20-inch ADVAN Sport V107 tires as original equipment (OE) for the new Mercedes-AMG CLE 534MATIC+ coupe, starting June. The coupe will be fitted with the innovative tires in size 265/35ZR20 (99Y) in the front and 295/30ZR20 (101Y) in the rear. Yokohama Rubber has been supplying 19-inch ADVAN Sport V107 tires for this model since 2024. The ADVAN Sport V107 tire is an ultrahigh-performance (UHP) tire under Yokohama's ADVAN brand and is aimed at...
    News
    WM Motor to resume production with Xiangfei Auto's support after liquidity crisis
    WM Motor, a Chinese electric vehicle startup established in 2015, is set to resume production in August with the support of its investor Xiangfei Auto. Information from a Chinese tech media outlet, MingJin Pro, published on July 14, indicated that WM Motor and Xiangfei Auto will restart mass production of the EX5 and E5 EV models at WM Motor's facility in Wenzhou, Zhejiang province. This decision follows a liquidity crisis that led to halted operations in the second half of 2022. Subsequently, a...
    News
    Lucid EVs gain access to Tesla’s Supercharger network across North America
    US-based electric-car maker Lucid Group Inc. has announced updates to its Lucid Air model lineup for 2026, introducing enhancements aimed at increasing convenience and peace of mind for owners. A key update includes access to the Tesla Supercharger network for all Lucid Air vehicles by July 31, using an approved North American Charging Standard (NACS) adapter available from Lucid. All Lucid Air owners, regardless of model or model year, will gain access to the North American Tesla Supercharge...
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    Tozero plans demo facility for battery recycling at Gendorf Chemical Park in Germany
    Munich-based DeepTech startup Tozero is establishing a commercial demonstration plant for lithium-ion battery recycling at the Gendorf Chemical Park in the Bavaria region of Germany.  The company has signed a lease agreement for an existing building to construct the demonstration facility, which is expected to become operational later in 2025. This facility will serve as the technological foundation for commercial production planned for 2026. The standout feature of Tozero's recycli...
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    BYD prioritizes operations in Turkey, delays mass production of EVs in Hungary
    Mainland Chinese electric-car maker BYD is delaying mass production at its Hungarian electric vehicle plant and is instead opting to expedite production operations at its Turkish facility, primarily due to cost factors. The company's Hungarian plant in Szeged, valued at €4 billion, is set to commence mass production in 2026, operating below its initial capacity for the first two years. Initially, the plan was to manufacture 150,000 units per annum, but production for 2026 is expected to be ...
    News
    UK-based CPO Gridserve reports loss of over £80 million in 2024, reduces headcount
    Gridserve, an electric vehicle charging network based in Swindon, UK, has reported a pretax loss of £82.7 million for 2024, an increase from the £54.8 million loss in 2023. The company's workforce was reduced from 320 to 239 employees over the past year. Despite these losses, Gridserve's revenue grew from £29.1 million in 2023 to £46.2 million in 2024. Recently, Gridserve secured £100 million in new equity investment from existing shareholders, including TPG, Infracapital and Mitsubis...
    News
    Rivian to establish AI and autonomous driving research hub in London
    Rivian has announced plans to establish a new AI and autonomous driving research hub in London. The US-based electric vehicle manufacturer aims to enhance its autonomy and AI capabilities, which support features such as its hands-free highway driving system. The new facility, Rivian’s first in the UK, will allow the company to tap into top AI talent in London to complement its growing team in Palo Alto, California. "We’re incredibly e...
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    MG Motor UK announces £1,500 grant for private EV buyers to support government initiative
    MG Motor UK has announced a new initiative in support of the government's Electric Car Grant, reinforcing its commitment to a net-zero environment and the pivotal role of electric vehicle adoption. The company is now offering a £1,500 grant for all private buyers of the MG4 EV and the MGS5 EV. This is in addition to existing incentives available through MG Motors' 155 UK dealer partners. This move is designed to ensure MG provides some of the best value battery-electric cars in the UK. ...
    News
    Kazam plans IPO with a focus on expanding EV charging in India
    Electric vehicle charging platform Kazam plans to go public within the next three to five years, targeting revenue of 1 billion rupees (about $12 million) and break-even EBITDA by fiscal year 2025–26. According to Akshay Shekhar, co-founder and CEO, the company closed fiscal year 2024 with 480 million rupees in revenue and a 25% loss in EBITDA, resulting in a loss from approximately 100 million rupees to 120 million rupees. Supported by a recent $6.7 million raise from the World Bank Grou...
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    Sunrise secures 1 billion yuan to advance AI chip development and market expansion
    Sunrise, a chip developer spun off from Chinese AI giant SenseTime, has secured 1 billion yuan (about $139 million) to accelerate product development, expand its market presence and grow its team with the aim of reducing AI inference costs. The Series A funding round saw participation from investors including Huaxu Capital, a subsidiary of Sany Group; AI unicorn 4Paradigm; and game developer Yoozoo Interactive; as announced by the Hangzhou-based company. Sunrise became an independen...
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    Via Transportation files confidentially for potential IPO with SEC
    Via Transportation, a New York-based company specializing in transportation management software, has made a confidential filing with the SEC, indicating a potential move toward an IPO. The details of this prospective IPO remain private for now. If Via proceeds with the IPO, it would join the limited number of public companies in the government technology sector, which includes firms such as Tyler Technologies, Motorola Solutions, Axon and ServiceNow. Jeff Cook, a managing director at She...
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    Mangrove Lithium plans to expand refining capacity in North America
    Mangrove Lithium has announced a significant expansion initiative aimed at meeting the increasing demand for reliable lithium refining in North America. The company plans to set up a new facility, which is estimated to produce 20,000 metric tons of battery-grade lithium per annum. This volume is expected to be sufficient to power over 500,000 electric vehicles per year. To ensure demand for this facility, Mangrove has secured memoranda of understanding (MOUs) with various US battery...
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    Abu Dhabi’s Masdar City begins L4 shuttle trials
    Masdar City in Abu Dhabi commenced testing of Level 4 autonomous vehicles within a designated geofenced area, The National reported July 11. The initiative is part of the Smart and Autonomous Systems Council's strategy and is in collaboration with Solutions+, a Mubadala company.  The autonomous vehicles running along a 2.4 km test route will initially have safety officers onboard, but they will be remotely controlled as the program advances. The testing will enable the vehicles to mee...
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    Aurora expands self-driving vehicle testing operations to Texas for logistics advancement
    Aurora is expanding its testing and development operations to Texas, a state known for its significant logistics and transportation activities. This expansion involves deploying a small fleet of Aurora vehicles, equipped with Aurora's FirstLight Lidar, in the Dallas-Fort Worth Area. The company will test commercial routes critical for logistics delivery using its fleet of Pacificas and Class 8 trucks, as reported in a company blog post on July 20. Aurora's mission focuses on delivering the be...
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    Concerns grow among Korean battery-makers as Hyundai Group increases Chinese battery usage
    Concerns are mounting regarding South Korean battery manufacturers potentially losing their foothold in the domestic electric vehicle market due to Hyundai Motor Group's increasing use of mainland Chinese batteries. Kia plans to launch the EV5 in South Korea using CATL's nickel-cobalt-manganese (NCM) batteries late in 2025, following the sport utility vehicle's assembly at the Gwangju, South Korea, plant. Previously, Kia used BYD's lithium iron phosphate (LFP) batteries for the EV5 in mainlan...
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    Cariad develops Connected Car Ecosystem for Volkswagen Group brands
    Cariad, the software company of the Volkswagen Group, is developing a scalable platform known as the Connected Car Ecosystem, which supports the digital features of the connected vehicle fleet for brands such as Audi, Porsche and Volkswagen. This ecosystem comprises four components, each contributing to advanced vehicle connectivity and functionality. The first component, Connectivity, allows vehicles to communicate with each other (Car2Car) and their surroundings (Car2X). This networked...
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    Nio reaches 80 million battery-swap milestone in Greater China
    Nio, a Shanghai-based electric-car maker, has surpassed the milestone of 80 million cumulative battery-swap services in Greater China. The company achieved the feat just under four months after hitting the 70 million mark. On average, Nio has been performing approximately 97,000 battery swaps daily during July, with a swap occurring every 0.88 seconds. Nio operates about 3,405 battery-swap stations across Greater China, including a network of 1,000 stations along highways. These swa...
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    EVERTA plans to produce EV chargers in India
    EVERTA plans to commence DC charger manufacturing operations in India, with a production facility in Bengaluru that is set to become operational in the third quarter of 2025. EVERTA projects an annual production capacity of 3,000 DC chargers by 2027 and aims to grab a 15% market share in India's DC charging segment by 2030. The electric vehicle charger production facility is expected to produce chargers with capacities ranging from 60kW to 320kW, catering to a variety of EVs, inc...
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    Rivian invests $105 million in micromobility startup Also Inc.
    Rivian has distinguished itself among electric vehicle startups over the past decade with its R1T and R1S models, demonstrating that electric trucks and sport utility vehicles can compete with gas-powered vehicles in speed, capability and comfort. As Rivian gears up to introduce smaller and more affordable models such as the R2 and R3, the company is also backing a new entrant in a different sector: A micromobility startup named Also Inc. Also Inc. was spun out of Rivian e...
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    Boston Metal secures $51 million investment for expansion and green steel development
    Boston Metal has announced a $51 million convertible note investment from existing investors such as BHP Ventures, Breakthrough Energy Ventures, Piva Capital and SiteGround. This funding reflects continued investor confidence in the company's team, technology and strategy. The funds will be used to support the second phase of Boston Metal's critical metals plant in Brazil, expected to be operational by mid-2026, and further develop its green steel solution. According to Laurel Buckner, vice pres...
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    Flo shuts down EV charger manufacturing facility in Quebec
    Electric vehicle charging network operator and charging equipment-maker, Flo, plans to shut down its manufacturing facility in Shawinigan, Quebec, by the end of August, resulting in approximately 30 layoffs. This closure is part of a broader downsizing effort, affecting over 80 employees in Canada and the US, including at its US plant in Auburn Hills, Michigan. Flo President and CEO Louis Tremblay conveyed gratitude for the affected employees' contributions and acknowledged the d...
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    Gridserve raises £100 million in new capital from existing investors
    Gridserve, an operator of electric vehicle charge points, has secured a £100 million equity investment from its institutional shareholders, TPG, Infracapital and Mitsubishi. This new capital aims to support Gridserve in expanding its high-power charging infrastructure across the UK. The investment highlights the confidence of Gridserve's shareholders in its growth strategy and its pivotal role in the UK's transition to EVs. As the most utilized charging network in the UK, over half of E...
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    Milence opens new EV charging hub in Ruhr region in Germany
    Milence, a joint venture between Daimler Truck, the Traton Group and the Volvo Group, has opened its first public charging hub for electric trucks in Germany's Ruhr region. This hub, located on the northern edge of the Ruhr area, is part of Europe's Trans-European Transport Network (TEN-T) and features six CCS charging stations with plans for expansion using a megawatt-charging system solution. The newly opened charging hub aims to support driver comfort with amenities such as restrooms,...
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    Porsche opens charging lounge in Switzerland
    Porsche is enhancing its customer experience with the introduction of a low-cost charging service at CHF0.39 per kilowatt-hour, centrally billed via the Porsche Charging Service. This service can be accessed through the Porsche Communication Management system and My Porsche app. Recently, the company has collaborated with GoFast in Switzerland, adding another partner to its network. The latest Porsche Charging Lounge is located near Lake Geneva, close to the A1 motorway, making it accessible ...
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    General Motors-backed Cruise lays off 101 employees in Bay Area
    Cruise, a self-driving taxi company backed by General Motors, has laid off dozens of employees in the Bay Area, as per state filings with the Employment Development Department. The company, which has been scaling down its operations, had previously reduced its workforce by half earlier in 2025. In this latest round of layoffs, Cruise is cutting 101 jobs across three Bay Area locations. The majority of the layoffs, amounting to 85 positions, will occur at the company's Bryant Street location i...
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    Panasonic begins mass production of cylindrical lithium-ion batteries in Kansas, US
    Japanese battery-maker Panasonic Energy Co. Ltd. has officially opened a new cylindrical lithium-ion battery factory for electric vehicles in De Soto, near Kansas City, US. This facility is one of the largest automotive battery plants in North America. At the grand opening ceremony, which was organized on July 14, the company commenced mass production of its 2170 battery cells at the site. Panasonic aims to achieve an annual production capacity of approximately 32 GWh at its newly opened...
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    WeRide secures road test authorization for autonomous vehicles in Huangpu, Guangzhou
    WeRide announced that it has received authorization to conduct road tests for autonomous logistics vehicles in Huangpu, Guangzhou, mainland China, marking it as the first and only company to secure such permission in the district. This development comes after WeRide obtained an initial permit in the district for its Robovan W5. The Robovan W5 now holds its second active road testing permit, following a previous approval in Guangzhou's Nansha District in April. WeRide said that this progress s...
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    BP to sell its Mobility & Convenience and BP pulse business units in the Netherlands to Catom
    BP has entered into an agreement to sell its Mobility & Convenience and BP Pulse businesses in the Netherlands to Catom. This sale aligns with BP's $20 billion divestment program and is anticipated to finalize by the end of 2025, pending regulatory approvals. This transaction is part of BP's strategy to reshape its downstream businesses by focusing on integrated positions. The deal encompasses approximately 300 BP-owned or branded retail sites, including some locations with electric vehic...
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    Qualcomm announces Snapdragon Auto Day in India to showcase automotive technology and partnerships
    Qualcomm has announced its inaugural Snapdragon Auto Day in India, set for July 30, in New Delhi, in collaboration with Amazon Web Services (AWS), according to a report published by Sakal Media Group on July 9. This event is designed to unite leaders from the automotive and technology industries, including original equipment manufacturers, tier 1 suppliers and ecosystem partners, to discuss the future of connected and software-defined vehicles. The main focus is to present innovations aimed a...
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    Vemo secures 500 million pesos financing from BEEL for EV charging network expansion
    Vemo, a company based in Mexico, has secured a significant 500 million pesos (about $27 million) financing from BEEL to expand its electric vehicle charging network across the country. This financing, which will last for 12 years, is intended to enhance the Vemo Charging Network (VCN), the most robust public EV charging network in Mexico. The investment marks a significant milestone for Vemo, reinforcing its position in clean mobility infrastructure and supporting nationwide electric mobility. ...
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    Stellantis pulls back from hydrogen powertrain option for its light commercial vehicles in the UK
    Stellantis is scaling back on promoting hydrogen options for its light commercial vehicles due to insufficient investment in infrastructure and incentives in the UK. The company, which includes Peugeot, Citroën, Fiat and Vauxhall under its Pro One van umbrella, offers a hydrogen fuel-cell version of the large Movano in the UK, with plans to launch the midsize Vivaro van later in 2025. Both models are already available in left-hand-drive markets. Fedele Ragusa, Stellantis' senior product m...
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    Webasto plans to lay off 134 workers at New Hudson plant in US
    Automotive roof systems supplier Webasto announced plans to lay off approximately 134 employees from its New Hudson plant in Lyon Township, Michigan, Detroit Free Press reported July 11. This decision, communicated through a Worker Adjustment and Retraining Notification (WARN) Act notice dated June 25, is part of the Germany-based supplier’s broader consolidation strategy due to reduced production volumes, as disclosed by Corey Stowell, vice president of People and Organization, Webasto. Accor...
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    Inteva Products invests $8 million to expand production capacity at Mexican plant
    Inteva Products, a US-based supplier of vehicle interior systems, closures, motors and electronics, announced plans to invest 150 million Mexican pesos ($8 million) in expanding its Matamoros plant in Tamaulipas, Mexico, creating 500 direct jobs. The announcement was made in the presence of local and state government officials as well as company representatives who highlighted the direct impact of the investment on job creation and its contribution to strengthening the city’s economic and indu...
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    Momenta develops Level 4 autonomous delivery robots ahead of potential US public listing
    Chinese self-driving technology company Momenta, known as a unicorn in the industry, is reportedly forming a team to develop Level 4 autonomous delivery robots to potentially boost its valuation ahead of a possible public listing. Momenta is supported by major automakers such as Toyota, General Motors and Mercedes-Benz. According to market intelligence firm Shujubang, Momenta holds more than 60% of the City NOA (navigation on ADAS) market segment in China. China's securities regulator approve...
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    Ionic MT secures $29 million to boost domestic battery material production in Utah
    Ionic Mineral Technologies (Ionic MT), a US producer of advanced materials, has announced the closing of a $29 million Series B financing round. This round was oversubscribed, surpassing the initial target of $25 million, indicating strong investor confidence in the company's mission to create a secure domestic supply chain for critical battery components. The funding will be used to expand the capacity of Ionic MT's 74,000-square-foot facility in Provo, Utah, to enhance the production of two...
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    Posco Future M secures EV battery material supply deal with a Japanese battery maker
    Posco Future M, a division of Posco Holdings specializing in battery materials, announced July 11 that it has obtained a supply contract for electric vehicle battery materials from a significant Japanese battery manufacturer. The contract entails Posco Future M supplying natural graphite-based anode materials produced at its Sejong plant for EV batteries made in Japan. The specific details regarding the client or the supply volume were not disclosed due to a mutual agreement between the parties ...
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    Mercedes-Benz subsidiary Accumotive to produce batteries for all-electric CLA range in Kamenz, Germany
    Accumotive, a Mercedes-Benz subsidiary located in the city of Kamenz, Germany, has commenced the series production of the latest-generation batteries for the all-electric CLA. Since the beginning of its operations in 2012, Accumotive has assembled more than 2 million batteries at its plant in Kamenz. The company has strengthened its position as a key supplier of battery packs in the global Mercedes-Benz production network. Accumotive's Kamenz plant has started supplying the new g...
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    Panasonic delays full capacity at Kansas EV battery plant amid Tesla sales slump
    Panasonic Holdings has decided to delay bringing its new US electric vehicle battery plant to full capacity, initially scheduled for March 2027, due to sluggish sales from Tesla, its primary customer, Reuters reported, citing Nikkei business daily. The plant, located in Kansas and valued at $4 billion, was intended to reach a production capacity of 30 gigawatt-hours, but a new target date has not been established. Panasonic did not immediately comment on the matter. The Kansas facility is ...
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    SK On gets cybersecurity certifications for its battery management system from TUV Rheinland
    South Korean battery maker SK On has announced that its battery management system (BMS) has received cybersecurity assessment (CSA) and functional safety management system (FSMS) level 3 certifications from TUV Rheinland. This development makes the company the first Korean battery manufacturer to achieve such international certifications. These certifications are awarded under the ISO 26262 standard, which concerns the systematic management of functional safety in automotive electrical a...
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    MediaTek expands automotive sector focus in India with advanced AI and connectivity solutions
    MediaTek is focusing on expanding its footprint in the automotive sector in India, with projections that the country will contribute 20% of its global automotive deployments over the next five years, according to a report published by Autocar Professional on July 9. “From an automotive standpoint, India is expected to account for 20% of the total number of deployments in the segment in the next five years,” said Rita Wu, director of Product Marketing, Automotive Platform, at MediaT...
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    LG Group expands automotive software ventures with global carmakers
    Chief executives from LG Group's key units, including LG Electronics, will hold closed-door meetings with global carmakers to expand in the software industry. LG Innotek, a major South Korean electronics parts developer, has entered the automotive application processor market, which is expected to grow at 22% annually over the next five years. LG Electronics, a leading global home appliance maker, announced plans to invest more than 1 trillion South Korean won ($762 million) in its ven...
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    Nio reaches a network of 1,000 battery-swap stations along mainland China’s highways
    Shanghai-based electric-car maker Nio has launched its 1,000th highway battery-swap station in mainland China. The new battery-swap station is located at the Fushan service area on the G5011 Wuhu-Hefei Highway. This development is part of Nio's efforts to expand its battery-swap infrastructure across the country, enhancing connectivity between 550 major cities and mitigating range anxiety for Nio and Onvo brand users driving on highways. The company now operates a total of 3,399 battery-sw...
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    Mazda opens new R&D center in Tokyo, to focus on development of intelligent vehicles
    Mazda Motor Corp. has launched a new research and development office named Mazda R&D Center Tokyo (MRT), located in Azabudai Hills, Minato-ku, Tokyo, as part of its strategy to enhance its operations in the metropolitan area. Concurrently, Mazda has relocated its Tokyo Office from the Kasumigaseki Building to Azabudai Hills. The company aims to maintain its status as the Brand of Choice by adapting to the industry's shift toward electrified and intelligent vehicles while preserving i...
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    StoreDot secures US patent for extreme fast charging EV battery technology
    StoreDot has announced a significant enhancement of its intellectual property portfolio related to extreme fast charging (XFC) battery technology for electric vehicles. The company has been granted a patent in the US, along with Notices of Allowance for two additional patent applications, which are expected to be issued soon. These patents form the core of StoreDot's XFC Shield framework, establishing the company's dominance in silicon-dominant anode fast-charging technology. This development...
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    Ford's Michigan EV battery plant on track for tax credits amid legislative changes
    Ford Motor Co. said that its $3 billion electric vehicle battery plant in Michigan, US, which is 60% complete, is on track to qualify for production tax credits following revisions in a recent tax and budget bill. In May, the company had raised concerns that the US government might eliminate these credits due to the plant's use of mainland Chinese technology for battery manufacturing, as outlined in an earlier version of the legislation. The Michigan plant, situated in Marshall and expected t...
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    Finnish EV motor startup Donut Lab raises €25 million in seed funding
    Helsinki-based electric vehicle technology startup Donut Lab has raised €25 million in its seed funding round, following the successful launch of its five-motor lineup. Alongside this achievement, Risto Siilasmaa, a seasoned tech investor and former chairman of Nokia, has joined Donut Lab's board of directors. CEO Marko Lehtimaki highlighted the growing demand, international expansion and interest from customers, investors and recruits, emphasizing the groundbreaking nature of its t...
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    Stellantis introduces simplified connected services for US customers starting July
    Stellantis is enhancing its connected services offerings for US customers by introducing a simplified two-tier system for Dodge, Jeep, Ram and Fiat vehicles starting July. These new packages, Connect ONE and Connect Wi-Fi PLUS, aim to provide clear and valuable options for a variety of customer needs. Connect ONE is included at no extra cost and remains active for 10 years from the date of purchase or lease. It offers essential features such as over-the-air software updates, vehicle health repor...
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    U Power enters Singapore with smart battery-swapping stations partnership
    U Power Ltd., a Nasdaq-listed provider of comprehensive electric vehicle battery-swapping solutions, signed an electric service provider (ESP) agreement to deploy its UOTTA smart battery-swapping stations in Singapore, according to a July 7 news release. The development marks U Power's official entry into the Singapore market, following a similar agreement in Macau in June. Under the agreement, U Power and its local ESP partner will promote the sale, installation and maintenance of the UOT...
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    Livium shifts focus to battery recycling for sustainable growth in 2026
    Livium Ltd., led by CEO Simon Linge, has outlined its strategic direction for long-term growth as it embarks on the 2026 financial year. The company is transitioning toward a recycling-centric business model with a primary focus on battery recycling, while the divisions of Battery Materials and Lithium Chemicals remain integral to its operations. The shift toward recycling large-format lithium-ion batteries has led to higher margins and improved efficiency, despite a decrease in overall recyc...
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