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    Is the automotive industry facing another chip crisis? Nexperia's control shift raises questions
    On Oct. 13, the Dutch government took control of Nexperia, a semiconductor manufacturer owned by mainland China's Wingtech.. This intervention aims to safeguard critical technological capabilities in the Netherlands and Europe, as approximately 80% of Nexperia's production capacity is based in mainland China, raising alarms about potential supply chain disruptions in the automotive industry. Who is exposed? While German original equipment manufacturers have been the first to raise the alar...
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    Dutch move on Nexperia triggers nervousness among auto suppliers and OEMs
    On Monday, Oct. 13, the Dutch government took a decisive step to assume control of Nexperia, the Nijmegen-based semiconductor manufacturer owned by mainland China’s Wingtech. Officials described the intervention as “highly exceptional,” citing governance shortcomings, national security risks and the need to safeguard critical technological capabilities for the Netherlands and Europe. Nexperia, headquartered in Nijmegen, the Netherlands, has been owned by Wingtech since 2018. Wingtech is...
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    OPmobility aims to double US sales by 2030, opens new North American headquarters in Michigan
    OPmobility has reaffirmed its goal to double its sales in the US by the end of 2030, compared to 2024. The announcement coincided with the grand opening of its new North America headquarters in Troy, Michigan, on Oct. 23, celebrating 50 years of presence, investment and innovation in the US. The French supplier has a significant presence in North America, with 26 plants and nine research and development centers, employing nearly 8,000 people. In 2024, the company generated sales of €3.39 bi...
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    Mercedes-Benz opens its first R&D facility in Kecskemét city, Hungary
    German luxury-car maker Mercedes-Benz is investing €55 million in establishing its first research and development center in Hungary. Péter Szijjártó, minister of Foreign Affairs and Trade, government of Hungary, announced that Mercedes-Benz's investment in the city of Kecskemét will include early hardware and software development, with prototype testing to soon begin. The technologies developed at the newly opened R&D center will be used in new electric p...
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    Gulf Oil plans to increase local content in its EV chargers in India
    Gulf Oil Lubricants India is actively advancing its localization efforts within the electric vehicle charging sector, having already achieved approximately 55% localization and aiming for further progress. The news was disclosed by the company's Managing Director and CEO Ravi Chawla, on the sidelines of the India EV Conclave. During the panel discussion at Autocar Professional's event held at Hyatt Regency in Delhi, Chawla detailed Gulf Oil's comprehensive approach to e-mobility, noting that ...
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    Toyota launches new EV battery plant in North Carolina, US
    In a press release dated Nov. 12, Toyota announced that it has commenced operations at its new $13.9 billion battery manufacturing plant in Liberty, North Carolina — the company’s first battery plant outside Japan and its 11th US facility. The state-of-the-art plant is expected to create up to 5,100 new American jobs and serve as a cornerstone for Toyota’s expanding portfolio of electrified vehicles. Toyota also announced that it plans to additionally invest up to $10 billion over the n...
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    Fine Stamping opens new facility in Serbia for supplying motor lamination cores for EVs
    Fine Stamping, a mainland China-based supplier of motor lamination cores, has inaugurated a plant in Apatin, a city located in the northern Vojvodina province of Serbia. According to the Apatin city government, the company plans to invest a total of €50 million in the plant by the end of the investment cycle. The plant will specialize in producing motor lamination cores for electric vehicles and is expected to create 150 new jobs. "The Fine Stamping factory brings new jobs, modern technolog...
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    Posco Holdings to invest 1.2 trillion won in lithium supply chain expansion
    Posco Holdings has announced its plan to invest 1.2 trillion won (approximately $820 million) in Australia and Argentina to strengthen its global lithium resource supply chains, aiming to improve lithium cost competitiveness and secure stable raw material procurement through aggressive investment strategies. On Nov. 12, Posco Holdings revealed its intention to acquire a 30% stake in Lithium Co. (tentative name), a new intermediate holding company to be established by the Australian mining com...
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    BASF Coatings opens advanced automotive OEM coatings facility in Germany
    BASF Coatings has inaugurated a production facility for automotive original equipment manufacturing coatings at its Muenster site in Germany. The new plant focuses on producing high-demand colors and aims to ensure consistent product quality and improved production efficiency. This investment marks a strategic milestone that strengthens BASF Coatings' competitiveness in high-volume coatings, leveraging advanced automation to support sustainable operations and enhance process reliability. This...
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    Samvardhana Motherson Group invests $50 million to expand Tlaxcala plant for Audi Q5 production
    Samvardhana Motherson Group has announced plans to invest $50 million to expand its Zitlaltépec plant in Tlaxcala, Mexico, according to a report by MexicoNow published Nov. 7. The planned investment will help the India-based auto components supplier serve its primary customer, Audi, and accommodate the anticipated increase in production of the Audi Q5 model. The expansion project is expected to generate 150 direct jobs and 300 indirect jobs, reinforcing Motherson's role as a major industrial em...
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    Grab to invest in remote driving technology company Vay
    Grab Holdings Ltd. announced plans to invest $60 million in Vay Technology GmbH, a company specializing in automotive-grade remote driving technology. This investment is intended to help Vay expand its operations in the US, where it offers an on-demand car rental service via remote driving technology, while also enhancing Grab's mobility offerings and advancing its autonomous and remote driving expertise. The agreement includes an option for Grab to invest an additional $350 million in meet...
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    Zest installs 142 EV charging stations at the University of Warwick, UK
    Zest, a rapidly expanding charge-point operator (CPO) in the UK, has successfully installed 142 charging stations across 14 locations at the University of Warwick. This deployment forms part of a £1.3 million investment by Zest, aiming to provide and manage these electric vehicle charging facilities over the next 15 years. The project includes the installation of both fast and rapid EV chargers, which are anticipated to save over 15,000 metric tons of CO2 emissions, equivalent to 69 million ...
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    Westwater Resources announces unexpected termination of offtake agreement by Stellantis
    Westwater Resources Inc., a critical minerals company specializing in battery-grade natural graphite, has announced a strategic update following a significant development. On Nov. 3, FCA US LLC, a subsidiary of Stellantis NV, unexpectedly terminated its binding offtake agreement with Westwater. The agreement was previously signed by the two companies in July 2024. Notably, Stellantis was one of three companies, alongside SK On and Hiller Carbon, that had signed offtake agreements with...
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    Illinois grants $20 million in new funding for expansion of EV charging infrastructure across the state
    The Illinois Environmental Protection Agency (EPA) has announced a funding opportunity for the installation of new electric vehicle charging stations under the Climate and Equitable Jobs Act (CEJA). This initiative, part of Gov. Pritzker's Rebuild Illinois capital plan, aims to support the development of publicly accessible charging infrastructure throughout Illinois, US. The funding will cover DC fast-charging (DCFC) stations, known as Level 3, and AC Level 2 charging stations. Applicat...
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    Inteva Products expands in India with new manufacturing facility in Pune
    Automotive interior systems supplier Inteva Products announced plans to expand its operations in India with the establishment of a second manufacturing facility in Pune, Maharashtra, The Hindu Business Line reported Nov. 10. This expansion will include the introduction of next-generation products aimed at the Indian automotive market.  The new Pune facility marks a significant capacity increase for Inteva, allowing for higher production volumes and closer integration with local supply ch...
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    Lumax Industries to invest $15.8 million in new manufacturing plant in Bengaluru, India
    The board of directors of India-based automotive lighting supplier Lumax Industries has approved the establishment of a new manufacturing plant in Bengaluru, Karnataka, CNBC TV 18 reported Nov. 7. The company will invest 1.4 billion rupees (about $15.8 million) in the greenfield facility, which will be funded through internal accruals. The plant will produce lighting systems for Maruti Suzuki and Toyota Motors. It is expected to become operational by the fourth quarter of the fina...
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    Honda Motor Company invests in electric motor startup Enedym
    Enedym Inc., an electric motor startup based out of Canada, announced on October 21 that it has received an investment from Japanese automaker Honda Motor Company as part of the latter’s global open innovation program called Honda Xcelerator Ventures. The new investment will be used to accelerate Enedym’s patented motor technology development and ramp up its operations. Notably, Enedym is headquartered at the McMaster Innovation Park in Hamilton, Ontario, Canada. Enedym owns over 70 pa...
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    Michigan allocates $1.84 million in fresh grants to expand EV charging infrastructure
    The Department of Environment, Great Lakes and Energy, Michigan, announced on November 5 that it has invested more than $1.84 million in 31 multifamily properties across the US state for 201 new electric vehicle (EV) charging stations under the first two rounds of its Clean Fuel and Charging Infrastructure (CFCI) Program. These grants aim to expand EV charging access for residents throughout Michigan and move the state closer to the MI Healthy Climate Plan (MHCP) goal of sufficient infrastruc...
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    Nexteer expands India Technical Center with advanced driveline physical validation capabilities
    Nexteer Automotive has announced the expansion of its India Technical Center (INTC) in Bengaluru, Karnataka, with the introduction of advanced driveline physical validation capabilities. The new facility, spanning 1,900 square meters and located just 20 kilometers from the existing INTC, enhances Nexteer Automotive's capacity to support local Original Equipment Manufacturer (OEM) clients through comprehensive production and design validation testing. Moreover, this strategic expansion reinforces...
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    Tesla explores building large semiconductor fabrication facility for AI chips with potential Intel collaboration
    Tesla CEO Elon Musk announced plans for potentially building a large semiconductor fabrication facility for artificial intelligence chips. At the company's annual meeting, Musk discussed Tesla's fifth-generation AI chip, which is intended to advance their autonomous technology, and suggested the possibility of collaboration with Intel, though no agreement has been finalized. As Intel faces challenges in the AI chip market against competitors like Nvidia, the US government recently acquired a 10%...
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    BC Hydro expands EV charging network to over 700 ports in British Columbia
    BC Hydro has achieved a notable milestone by expanding its public charging network to over 700 electric vehicle (EV) charging ports across British Columbia. This growth includes the integration of 88 charging ports at 28 sites, previously managed by the Ministry of Transportation and Transit. These sites will now fall under BC Hydro's energy-based rates as sanctioned by the B.C. Utilities Commission. The transfer of these sites to BC Hydro is expected to be completed by the end of 2025. Th...
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    Continental's Q3 2025 EBIT down 15% y/y on Aumovio spin-off and planned OESL sale
    Continental has achieved important milestones in its realignment plans during the past quarter, including the spin-off of Aumovio and the agreement to sell its Original Equipment Solutions (OESL) business area. The final stages of its realignment involve the sale of ContiTech next year and a strategic focus on its Tires business. Continental faced challenging market conditions in the third-quarter of 2025 due to economic uncertainties, but the Tires group sector performed well, particularly in N...
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    Marelli opens new technical R&D center in India to enhance automotive technology capabilities
    Marelli has launched a new technical research and development (R&D) center in Bengaluru, Karnataka, India, as part of its effort to expand its engineering capabilities and bolster its innovation strategy in key automotive technology areas. The facility, which officially opened on Nov. 5, will employ 350 engineers. Located in the Embassy Manyata Tech Park, the new site joins another Marelli R&D center in Bengaluru, opened in 2022, benefiting from the region's rich talent pool...
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    Aeva receives $100 million investment from Apollo in convertible senior notes
    Aeva has announced that funds managed by Apollo will invest $100 million in 4.375% Convertible Senior Notes to support the company's commercial growth and increase the adoption of their FMCW 4D LiDAR technology across various applications. According to Aeva's Co-founder and CEO, Soroush Salehian, this investment signifies strong confidence in Aeva's leadership in next-generation sensing technology and comes at a pivotal moment for the industry. The funds will help Aeva expand and scale its exist...
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    Ford gears up to resume manufacturing operations at Chennai plant in India to produce next-generation engines for exports
    Ford Motor has announced plans to resume manufacturing operations at its Chennai plant in India, Autocar Professional reported Oct. 31. The US-based automaker will focus on producing next-generation engines for export markets, with an annual production capacity of 235,000 engines. Operations are expected to begin in 2029 following Ford's memorandum of understanding with the Tamil Nadu state government, building on a previous letter of intent from September 2024. Ford stopped domestic vehicle ...
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    Ecarx enters agreement with ATW Partners to secure $150 million in financing to support growth initiatives and strengthen liquidity
    Ecarx Holdings, a global mobility technology provider, has entered into a securities purchase agreement with the US-based investment firm ATW Partners. Under this agreement, Ecarx may issue and sell convertible notes for an aggregate principal amount of up to $150 million. The financing is expected to enhance Ecarx's liquidity and strengthen its balance sheet, offering more financial flexibility to pursue its strategic priorities. The capital will support Ecarx's ongoing global expansion by acce...
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    Nexteer opens Mexico Technical Center to enhance engineering support and innovation capabilities
    On Oct. 24, Nexteer Automotive held the opening ceremony of its Mexico Technical Center (MXTC) in El Marqués, Querétaro, Mexico. The 8,900-square-meter center, located in Parque Industrial Finsa II in El Marqués, offers engineering support, product validation, testing and office space tailored to Nexteer's product and process technologies. The investment aims to provide innovative solutions and support for local original equipment manufacturer customers. Robin Milavec, president and chief ...
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    Fraunhofer ITWM advances lithium metal anode production in European STELLAR project
    The Fraunhofer Institute for Industrial Mathematics ITWM is collaborating with 16 partners in the European project STELLAR to establish a test facility for producing lithium metal anode foils. This initiative aims to advance efficient battery technology, a crucial element for achieving climate goals across Europe. While lithium-ion batteries have been prevalent, they are encountering physical and technological limitations. Therefore, lithium metal batteries are emerging as a promising alterna...
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    Gotion High-tech begins construction of its first mega battery factory in Slovakia
    Gotion High-tech has started constructing its Slovakian battery factory in Šurany, marking a significant move to expand its production capacity in Europe. The initial phase aims for a production capacity of 20 GWh, with trial production expected in 2026 and full-scale production to begin in 2027. The facility, which began construction on Oct. 28, is the first mega-scale battery factory in Slovakia, covering 65 hectares. This project will primarily serve the EU market and is expected to creat...
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    DeepRoute.ai targets large-scale robo-taxi operations using production vehicles by 2025
    DeepRoute.ai has announced plans to launch robo-taxi operations using consumer-grade production vehicles by the end of 2025, aiming to commercialize autonomous driving technology by leveraging its production vehicle platform for large-scale deployment. The company, supported by over $500 million in investments from Alibaba and Great Wall Motor, intends to use the same platform that powers approximately 150,000 production vehicles in China, with expectations to exceed 200,000 by the year's end. T...
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    Hyundai Motor begins hydrogen fuel-cell facility construction in South Korea
    Hyundai Motor Co. has initiated the construction of a new hydrogen fuel-cell production facility in Ulsan, South Korea, with a groundbreaking ceremony. The facility is funded with an investment of 930 billion won (approximately $648 million) and is slated for completion by 2027. Once operational, it will produce 30,000 fuel cell units and protein exchange membrane (PEM) electrolyzers annually. This project is part of Hyundai Motor's strategy to secure a leading position in the global hydrogen...
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    AM Batteries showcases dry electrode manufacturing process at demo day for global industry leaders
    AM Batteries (AMB) recently demonstrated its proprietary dry electrode manufacturing process, emphasizing its commercial viability at a Demo Day event attended by over 70 industry leaders from the automotive, cell manufacturing and material supply sectors from across Japan, Korea, mainland China, Europe and the United States. The event showcased AMB's direct powder deposition method, which the company says delivers the necessary cost savings and performance enhancements needed to boost electr...
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    GlobalFoundries invests €1.1 billion to expand Dresden manufacturing under European Chips Act
    GlobalFoundries has announced a €1.1 billion investment to expand its manufacturing capabilities at its Dresden, Germany, site. This project, known as SPRINT, aims to increase production capacity to over one million wafers per year by the end of 2028, positioning it as the largest site of its kind in Europe. This expansion will be supported by the German federal government and the State of Saxony under the European Chips Act, with full EU program approval expected later this year. The investme...
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    Foretellix integrates Foretify Physical AI with Nvidia DRIVE AV for autonomous vehicle safety
    Foretellix announced the integration of its Foretify Physical AI toolchain with the NVIDIA DRIVE AV platform, which aims to enhance training, testing, validation and safety evaluation in autonomous driving development, according to an Oct. 28 press release. This integration is designed to combine Foretellix's coverage-driven verification and validation capabilities with synthetic data generation technology, alongside NVIDIA's end-to-end AV software stack. The collaboration seeks to advance sa...
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    BYD starts blade battery production at Xianju facility in mainland China
    FinDreams Battery (Taizhou) Co. Ltd., part of BYD, began production of electric vehicle batteries at its plant in Xianju County, mainland China. The site is a strategic base for BYD's EV power batteries, with an investment of 8.8 billion Chinese yuan (approximately $1.2 billion) aimed at achieving a production capacity of 22 GWh annually once fully operational. The facility has launched all eight of its production lines in 2025. The project utilizes BYD's sixth-generation blade battery tec...
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    EV charging solutions startup Rightcharge raises €1.8 million in seed funding
    Rightcharge, a London-based EV charging solutions startup, has raised €1.8 million in seed funding to expand its electric vehicle charging payment solution across Europe. The funding round was led by Soulmates Ventures and included Blackwood Ventures, Unruly Capital and Purple Ventures. Rightcharge has achieved over tenfold growth in annual recurring revenue in 2025 and has prominent UK fleets among its customers, including The Automobile Association (AA). According to the startup, ...
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    Harman to invest nearly $42M to expand automotive electronics manufacturing at Pune facility
    Samsung Electronics Co. Ltd. subsidiary Harman announced a new investment of 3.45 billion Indian rupees ($42 million) to expand its automotive electronics manufacturing facility in Chakan, Pune, India. The plan involves an investment of 450 million rupees ($5.5 million) and an additional 3.0 billion rupees ($36.5 million) over the next three years to enhance advanced telematics and next-generation automotive connectivity programs. This brings Harman's total investment in the Pu...
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    Redwood Materials raises $350 million in Series E funding round
    Battery materials recycling company Redwood Materials has secured a $350 million Series E funding round. The funding round was led by Eclipse with participation from new strategic investors, including NVentures, which is NVIDIA's venture capital arm. The funding round was oversubscribed, reflecting significant interest and growth in Redwood's two main business areas: recycling critical battery materials such as cobalt, nickel, copper, lithium, and cathode active material (CAM), as well a...
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    Neolix secures over $600 million in series D funding
    Neolix, recognized as the world's largest provider of Level 4 autonomous delivery solutions, has secured over $600 million in its series D financing. This fundraising round is the largest private investment in China's autonomous driving sector and one of the most significant private investments in China in 2025. The round was led by Stone Venture from the United Arab Emirates and included notable investors such as Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital, Beijing AI Fund a...
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    Aumovio invests $110 million to expand Texas facility for ADAS production
    Aumovio, previously known as the Automotive group sector of Continental, has announced a $110 million investment to expand its manufacturing facility in New Braunfels, Texas. The expansion is part of a strategic plan over multiple years to boost production capacity for North American projects related to advanced driver assistance systems and align with the company's long-term goals for growth and profitability. The project will involve a 65,000-square-foot addition and the creation of a state-of...
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    Niron Magnetics receives $10 million in grants to advance construction of rare-earth free magnet production facility in Sartell city
    Niron Magnetics has received a $10 million grant from the Minnesota Forward Fund to support the construction of a pioneering manufacturing facility in Sartell, Minnesota. The facility, named Plant 1, will be a 190,000-square-foot plant dedicated to the full-scale production of iron nitride-based rare-earth-free permanent magnets. This initiative is supported by the Minnesota Forward Fund, which is managed by the Minnesota Department of Employment and Economic Development (DEED), which provide...
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    Arizona Transportation Department seeks bids to install 34 EV charging stations
    The Arizona Transportation Department (ADOT) is advancing its plans to support electric vehicle adoption by soliciting bids for private entities to build, upgrade, operate and maintain 34 EV charging stations. These stations are planned for interstate highways 10 and 40, US routes 60, 89, 93, 160, and state routes 64, 68, 80, 87, 90, 95, 260, and 347. This bid request marks the second phase of a broader initiative to establish a network of rapid-charging stations, following an initial approva...
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    Edge Energy secures $3.5M investment to accelerate EV charging innovation
    Edge Energy, a Cincinnati-based company developing innovative energy conversion technology for electric vehicle fast charging, has raised $3.5 million in investment, led by PRETTL Mechatronics & Actuators GmbH (PMA). This strategic partnership aims to accelerate Edge Energy's mission to expand access to high-performance EV charging by leveraging PMA’s expertise in manufacturing and electronics. Edge Energy’s flagship product, the EdgeEV Power Source, enables ultrafast EV charging...
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    Pure Lithium opens new Chicago headquarters to scale Brine to Battery technology
    Pure Lithium Corp., a vertically integrated lithium metal battery technology company, has opened its new headquarters in Chicago's Fulton Market district. This marks a significant transition from research and development to commercial production. The new facility at 400 N. Aberdeen St. will include a pilot production line to advance the company's Brine to Battery technology. Founder and CEO Emilie Bodoin emphasized that after more than four years of research, Pure Lithium is now focused on sc...
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    Maryland, US, grants $5 million to support installation of EV charging stations
    The Maryland Department of the Environment has announced over $5 million in grants aimed at supporting the installation of electric vehicle charging stations throughout the US state. These grants are intended to fund the installation of EV charging stations at 23 workplace sites and 12 locations along transportation corridors, thereby facilitating EV use, reducing emissions, supporting green jobs and boosting local economies. Maryland Environment Secretary Serena McIlwain emphasized that the ...
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    US Energy Department cancels over $700 million in battery, manufacturing projects
    The US Energy Department (DOE) has canceled over $700 million in grants for battery and manufacturing projects as part of the Trump administration's initiative to overturn energy projects from the Biden era. These cancellations, confirmed during the second week of October, represent the first US DOE-confirmed terminations from a circulating list of targeted projects worth more than $20 billion. The canceled grants were awarded to battery companies such as Ascend Elements, American Battery Tec...
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    Posco Future M to start cathode materials plant in Canada by October 2026
    Posco Future M plans to start operations at its delayed cathode materials plant in Quebec by October 2026. This facility is a joint venture with General Motors (GM) known as Ultium CAM, where Posco Future M holds 85% ownership while GM holds 15%. The plant aims to produce 20,000 metric tons of high-nickel cathode materials annually. These materials will power approximately 500,000 electric vehicles and will be supplied entirely to Ultium Cells, GM's battery JV with LG Energy Solution in the U...
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    Honda plans additional investment in Helm.ai to support development of next-generation ADAS and autonomous driving technologies
    Honda Motor has announced plans for additional investment in Helm.ai to support the continued growth of the US-based AI software startup. Established in 2016, Helm.ai specializes in AI technologies advanced through unsupervised learning. Honda's investment aims to enhance the development of next-generation end-to-end (E2E) autonomous driving and advanced driver assistance systems. Honda has been collaborating with Helm.ai through its Honda Xcelerator, a global open innovation program. The Jap...
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    SK On expands Georgia plant for dual-chemistry battery production
    SK On is expanding its Georgia plant to enhance its production capabilities for electric vehicle and energy storage system batteries. This move comes amidst increasing restrictions on mainland Chinese battery imports into the US. Recently, SK On secured a deal with Colorado-based renewable developer Flatiron Energy Development for the supply of 7.2 GWh of lithium iron phosphate (LFP) batteries, valued at around 2 trillion South Korean won ($1.4 billion). To fulfill this four-year contract beg...
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    Motor Fuel Group deploys over 580 EV charging stations in the UK
    Motor Fuel Group (MFG) has successfully completed the installation of rapid electric vehicle (EV) charging bays across Morrisons supermarkets in the UK, marking a significant achievement in its efforts to support the country's energy transition. The rollout encompasses more than 580 rapid EV Power charging bays across nearly 300 Morrisons locations, positioning Morrisons as the leading supermarket for EV charging facilities in the UK. This comprehensive deployment was accomplished within five...
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    Stellantis lays down plan to invest $13 billion over four years in the US
    Stellantis has revealed plans to invest $13 billion over the next four years to expand its business in the US and increase domestic manufacturing. This investment marks the largest in the company's century-long US history and aims to introduce five new vehicles, boost annual vehicle production by 50%, and create over 5,000 jobs in Illinois, Ohio, Michigan and Indiana. This move is part of Stellantis' strategy to strengthen its US manufacturing footprint and enhance its product offerings ...
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    Yokohama Industries Americas announces $25 million investment in Mexico
    Yokohama Industries Americas de Mexico (YIA Mexico), a subsidiary of Yokohama Rubber’s Yokohama Industries Americas Inc., which is engaged in the production and sales of automotive hoses for air conditioning and transmission oil cooling, is expanding its presence in Mexico. YIA Mexico will invest 464 million pesos (nearly $25 million) to expand production lines and warehouse facilities at its Aguascalientes plant in Mexico. The expansion aims to meet the growing assembly needs of automotive cu...
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    Ireland allocates €10 million to support construction of 90 new EV charging hubs
    The Ireland government announced its plan to build 90 new electric vehicle charging hubs to service EVs across Ireland's national road network. To support this plan, the government's Ministry for Transport has allocated approximately €10 million in fresh grants. These new EV charging locations will provide 192 fast-recharging points, each with a typical capacity of 250 kW, along primary and secondary roads. The government aims to ensure that the distance between the planned EV charg...
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    Toyo Tire plans to open new European R&D center in Serbia in early 2027
    Toyo Tire Corp. announced plans to establish a new research and development laboratories building at its Toyo Tire Serbia Factory in Indjija, Serbia. This facility, expected to be operational by January 2027, will serve as a European R&D hub, enhancing the company's R&D capabilities in Europe. Before the new R&D center commences operations, Toyo Tire will close its existing European R&D facility in Germany by the end of 2026. This development aims to fortify Toyo Tire's global...
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    Duracell plans to build EV charging network in the UK
    Duracell is set to make a significant impact on the UK's electric vehicle market by introducing Duracell E-Charge, a nationwide network of ultra-fast EV charging stations. This initiative, backed by an investment exceeding £200 million over the next decade, aims to enhance the UK's public charging infrastructure, facilitating easier and more reliable EV adoption for drivers. Javier Hernandez Reta, Duracell's chief marketing officer, emphasized the brand's longstanding reputation for performa...
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    Canadian government commissions C$5 million in federal funding for expansion of EV charging infrastructure
    Canada is enhancing access to electric vehicle charging infrastructure across Atlantic Canada to facilitate the transition for families and businesses to EVs. Parliamentary Secretary to the Prime Minister Kody Blois announced more than C$5 million in federal funding for five projects through Natural Resources Canada's Zero Emissions Vehicle Infrastructure Program (ZEVIP). These projects are set to install new EV chargers at various locations, including workplaces, public on-street parking, an...
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    Prime Planet Energy & Solutions starts mass production of new prismatic lithium ion
    Prime Planet Energy & Solutions Inc. (PPES) has launched mass production of a new prismatic lithium-ion battery model at its Himeji Plant in Japan. This battery, designed for battery-electric vehicles (BEVs), offers increased capacity without altering cell size, enhancing energy density while ensuring safety, durability and longevity. This new model of prismatic lithium-ion battery will be utilized in upcoming releases from Toyota Motor Corp., including the bZ4X and Lexus RZ, as...
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    Enchem Co. cancels $143 million Tennessee plant investment amid EV market challenges
    Enchem Co., a South Korean battery-materials maker, has terminated plans for a $143 million investment to establish a plant in Tennessee, US, due to ongoing difficulties in the electric vehicle market, according to industry sources in Seoul, South Korea. Enchem, an electrolyte manufacturer, had intended to build a production base to supply battery components to BlueOval SK LLC — a joint venture between SK On Co. from South Korea and the US-based Ford Motor Co. The anticipated supply agreeme...
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    Vingroup launches VinMetal joint stock company to enter metallurgy industry
    Vingroup has announced the establishment of VinMetal joint stock company for manufacturing and trading, marking its entrance into the metallurgy industry and expanding its Industrials & Technology pillar. VinMetal will be launched with an initial investment of 10 trillion dong (approximately $380 million) and plans to build a high-tech industrial steel production complex in Vũng Áng, Hà Tĩnh. The first phase is expected to produce about 5 million metric tons per year. The company will...
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    Cambridgeshire and Peterborough councils in the UK secure £5.4 million LEVI funding to install EV charging infrastructure
    The Combined Authority's Board has approved a significant expansion of public electric vehicle charging infrastructure across Cambridgeshire and Peterborough in the UK, with the support of £5.4 million in new funds allocated under the UK government's Local Electric Vehicle Infrastructure (LEVI) Capital Fund. This funding will enable the installation of a minimum of 930 new public EV charging points in the region, with the potential for further growth through additional private investment. Th...
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    ElevenEs plans €600 million gigafactory in Poland for advanced battery production
    ElevenEs, backed by international investors including the InnoEnergy fund, is contemplating constructing a €600 million gigafactory in Poland to facilitate the transition to full-scale mass production of advanced battery cells. The planned manufacturing facility is anticipated to commence construction by the end of 2027 and will employ 700 engineers. Registered in Luxembourg, ElevenEs operates production facilities in Serbia and is renowned for its innovative battery technology, notabl...
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    OPmobility establishes new production facility in India
    OPmobility has expanded its manufacturing presence in India with the opening of a new facility in Badhawaldi, Maharashtra. The move is part of the French supplier's strategy to more than double its sales in India by 2030. The Badhawaldi plant is OPmobility's first site in India to integrate both exterior systems and energy storage systems within a single facility. The facility will cater to both domestic and export markets, supplying Indian and international automakers. Furthermore, OPmobilit...
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    Vishay expands inductor and frequency control product lines with over 2,000 new SKUs
    Vishay Intertechnology has announced the successful expansion of its inductor and frequency control device product lines, which were initially announced in September 2024. This expansion has led to the release of over 2,000 new stock-keeping units (SKUs) across nearly 100 series, with more rollouts planned for 2025. The expanded product offerings improve sourcing options for customers, offering broader inductance and voltage ranges, enhanced noise suppression, and additional size variations suit...
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    West Yorkshire Combined Authority, UK, selects Blink Charging for its £1.4 million EV charging infrastructure project
    The West Yorkshire Combined Authority (WYCA) has partnered with Blink Charging UK Ltd., a subsidiary of Blink Charging Co., to implement a £1,410,000 initiative aimed at delivering the first phase of electric vehicle charging infrastructure across West Yorkshire in the UK. This project, supported by agreements with all five district councils in the region and partially subsidized by the UK government's Local Electric Vehicle Infrastructure Pilot Fund (LEVI), is intended to assist the transit...
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    Go Zero secures £100 million in debt financing, partners Rolec to accelerate EV charging infrastructure in the UK
    Rolec and Go Zero have formed a partnership aimed at advancing electric vehicle infrastructure deployment across the UK's hospitality sector, focusing on leisure destinations and hotels. Utilizing a £100 million debt financing facility secured by Go Zero, the partnership will facilitate the installation of multibay EV hubs using Go Zero's VendEx model, thereby eliminating significant up-front costs for businesses. Despite 90% of EV drivers preferring destinations with charge points, onl...
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    ZF Lifetec opens advanced technology center at US facility to enhance vehicle safety
    ZF Lifetec, a company of the ZF Group specializing in passive safety systems, has inaugurated a new technology center in Washington, Michigan, marking a significant advancement in passive vehicle safety. The expansion incorporates advanced testing technologies with decades of expertise to assist automakers in meeting regulatory requirements and driving innovation in areas such as automated driving, interior design and real-life safety. The new 82,000-square-foot center merges advanced testing...
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    ComEd pays over $100 million to support EV charging infrastructure and fleet electrification across northern Illinois, US
    ComEd, a unit of Chicago-based Exelon Corp., which serves over 10.7 million electricity and natural gas customers in the US, announced that it has distributed over $100 million in transportation electrification rebates to aid in the development of electric vehicle charging infrastructure and fleet vehicle electrification. These funds have supported the installation of more than 7,200 EV charging ports and the purchase of over 2,200 fleet EVs since the commencement of its EV rebate progra...
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    Kenya launches 6 billion shillings EV charging initiative
    Kenya has launched a 6 billion shillings (about $46 million) initiative to establish a nationwide network of electric vehicle charging stations. The initiative aims to boost EV adoption, reduce fuel imports and lower transport emissions. The implementation will occur in phases, with Kenya Power leading the installation effort in key towns and highways. The goal is to have 10,000 public charging points by 2030. Initially, 17 priority towns and major transport routes from Mombasa to Busia ...
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    US Energy Department acquires stake in Lithium Americas and Thacker Pass project
    The US Energy Department has acquired a 5% stake in Lithium Americas and its Thacker Pass joint venture with General Motors, which is projected to become the largest source of lithium in the Western Hemisphere. This investment aligns with the US government's strategy to enhance industries crucial for national security. Recently, the administration was in talks with Lithium Americas regarding a $2.26 billion loan for the Nevada-based project. The Vancouver-based company has finalized an agreem...
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    Stroohm and Pluginvest merge to lead Belgian electric mobility market
    Two prominent Antwerp-based companies, Stroohm and Pluginvest, have announced their merger on Oct. 1, positioning themselves as market leaders in Belgian electric mobility. Both companies are recognized for their pioneering charging solutions for employees, both at home and in the office, and maintain a strong presence in publicly accessible AC and DC charging stations. The two companies also offer professional maintenance services. The newly formed entity will continue under the name Stroohm...
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    ArcelorMittal invests in new plant in Canada to produce laser-welded blank parts for vehicles
    ArcelorMittal Tailored Blanks (AMTB), a division of ArcelorMittal that specializes in laser-welded blanks (LWBs), also known as tailored blanks, is set to enhance its presence in North America by constructing a new 154,000-square-foot blanking facility in Ingersoll, Ontario. This new facility will combine advanced blanking technology with sustainable manufacturing practices, underscoring AMTB’s dedication to innovation and environmental responsibility in the automotive sector. LWBs are...
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    Forvia eyes more than €1 billion in annual revenue from India within the next five years
    Forvia is expanding its presence in the Indian automotive market with goal to generate more than €1 billion in revenue within the next five years, Autocar Professional reported Oct. 2. The French automotive supplier, which is growing at approximately 11% in India, plans to achieve this revenue target through an investment of approximately €218 million, focusing on local manufacturing and advanced technology. Martin Fischer, group CEO of Forvia, has emphasized India's growing importan...
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    Renault invests in new purchasing center in Mexico
    Renault is investing in a purchasing center in Mexico to supply auto parts to its plants in South America and strengthen its aftermarket network in Mexico. The new center will start operations in October. “Mexico has a spectacular supplier base. We have opened a new business unit set to start in October, and the objective is to increase Mexican-sourced parts in the vehicles manufactured in Colombia, Brazil and Argentina. It is a new unit, it is a reality, and we will be starting the first ship...
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    Wallbox teams up with SureCharge to launch EV charging network in Canada
    Wallbox announced a partnership with SureCharge Corp. to set up a new public charging network in Alberta and British Columbia. Wallbox's Supernova 180-kW DC fast chargers will be installed under this new network. This initiative aims to create up to 24 high-speed charging sites with 96 charging points along major travel routes in the region. SureCharge is managing the deployment, and SureTek Electric & Technologies Ltd., a certified Wallbox partner, will handle installation and maintena...
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    LS-L&F battery solution completes construction of new precursor factory in South Korea
    LS-L&F Battery Solution (LLBS), a joint venture between LS Corp. and L&F Co., has completed preparations for a new precursor factory in Saemangeum, North Jeolla Province. The facility plans to conduct trial production by the end of 2025 and produce 20,000 metric tons of precursors in 2026. A further expansion is expected to increase production to 120,000 metric tons by 2029, sufficient for 1.3 million electric vehicles. With an investment of 1 trillion won (approximately $712 million)...
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    POSCO International completes construction of EV motor core factory in Poland
    POSCO International has completed the construction of an electric vehicle motor core production factory in Poland. The factory is part of POSCO International's larger strategy to aim for a 10% global market share by establishing a production network across Asia, North America and Europe. An opening ceremony was held Oct. 1 in Przeck, Opole Province. The event was attended by Lee Gye-in, president of POSCO International, and Monika Jurek, governor of Opole Province. The factory, whic...
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    Mercedes-Benz opens advanced light testing center in Germany
    Mercedes-Benz has opened a new light testing center at its Global Proving Ground in Immendingen, Germany, enhancing its testing capabilities. This center, measuring 135 meters long and 8 meters high, is one of the largest in the automotive industry. It allows for thorough testing of headlight systems under consistent conditions, independent of time, weather or other factors. The center features a realistic 135-meter country road, with specially designed asphalt that mimics the reflective qual...
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    ZF expands production of intelligent chassis solutions in mainland China
    On Sept. 22, ZF signed an investment agreement with the Zhangjiagang Economic Development Zone in Jiangsu Province, mainland China, to localize production of intelligent chassis solutions. The agreement will see ZF increase the product portfolio and production capacity of its active kinematics control (AKC) and steer-by-wire (SBW) systems to meet the rising demand for high-performance driving experiences. This initiative aims to support the transformation and upgrading of mainland China's automo...
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    Germany’s first public Megawatt Charging System for battery-electric trucks goes into operation
    On Sept. 29, the first public Megawatt Charging System (MCS) for battery-electric trucks in Germany was inaugurated at the Lipperland Süd service station. This event was part of the HoLa project, which aims to advance emission-free long-haul trucking and is funded by the German Federal Ministry of Transport and the EU. The project is coordinated by the Fraunhofer Institute for Systems and Innovation Research ISI and the P3 Group, which are installing MCS points at four locations along major ...
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    Xiaomi opens first European EV R&D center in Munich
    Xiaomi has opened its first European research and development center and design center for electric vehicles in Munich. The Xiaomi EV Europe Research and Development (R&D) and Design Center marks a significant step in the company’s global automotive expansion strategy. Positioned in a key European automotive engineering hub, the center will focus on performance vehicle projects, EV technology, design innovation and advanced research. This establishment aligns with Xiaomi'...
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    Evie Networks secures A$50 million to expand EV charging across Australia
    Evie Networks has secured an A$50 million senior debt facility from Infradebt to expand its electric vehicle fast-charging infrastructure across Australia. This funding, supported by Australian superannuation funds, represents the first commercial infrastructure debt for public DC fast charging in the country. This move indicates growing investor confidence in EV charging as a mainstream infrastructure category. The facility, structured as a nonrecourse senior debt, marks a shift from ve...
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    EPower secures €30 million for EV charging network expansion in Ireland
    Irish electric vehicle charging and solar power provider ePower has secured €30 million in its largest funding round to date. The funding was raised through equity reinvestment from existing shareholders and management, as well as Impax Asset Management, with additional debt funding coming from new investor Dunport Capital Management. Assistance in securing this investment was provided by Irish stockbroking firm Goodbody. EPower plans to utilize the funds to expand its network of ultrafast&nbs...
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    Henkel opens new facility in Shanghai to boost adhesive innovation in Asia-Pacific
    Henkel has launched its new Inspiration Center for Adhesive Technologies in Shanghai with the goal of boosting innovation and sustainable solutions in the Asia-Pacific region. The Germany-based company invested €60 million in the 33,000-square-meter center, located in Zhangjiang Hi-Tech Park. The center brings together more than 500 scientists and experts specializing in product development, application technology and technical services. The new facility caters to various industries, incl...
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    Development Bank of Southern Africa invests in off-grid EV charging company Zero Carbon Charge
    The Development Bank of Southern Africa (DBSA) has completed all due diligence and agreements for its $5.7 million investment in Zero Carbon Charge (Charge), an off-grid electric vehicle charging company. The initial investment decision was announced in April, and definitive agreements for the deal have now been signed, allowing for immediate execution. Spiwe Sibanda, an executive at DBSA, emphasized the bank's commitment to supporting projects that stimulate economic growth and provide socia...
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    Sila starts operations at new silicon anode plant in Washington, US
    Sila, a next-generation battery materials company, has commenced operations at its new automotive-scale silicon anode plant, Sila Moses Lake, located in Moses Lake, Washington. This facility is pioneering advanced silicon anode material production in the US, marking a significant development toward closing the innovation-to-manufacturing gap domestically. Covering over 600,000 square feet on a 160-acre site, the plant is designed to support an initial production capacity of 2-5 GWh, with the ...
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    Wayve unveils Gen 3 robot platform powered by NVIDIA DRIVE AGX Thor for autonomous driving
    Wayve has announced the development of its Gen 3 robot platform, which will utilize NVIDIA DRIVE AGX Thor, an advanced automotive-grade AI computer. This new platform represents the next step for Wayve's global development fleet, supporting the advancement of its AI Driver software into more secure, capable and scalable automated driving systems. The Gen 3 platform aims to progress self-driving technology to Level 3 and Level 4, necessitating a flexible and powerful computing capability to ma...
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    LG Innotek plans to invest $190 million in new production facility in Mexico
    LG Innotek is planning to establish a new production center in Querétaro, Mexico. According to the Querétaro state government, the South Korean supplier will invest $190 million in the facility, which will focus on the production of cameras, LEDs, motors and automotive components. The new factory will be situated in the Kaizen Industrial Park in Colón, Querétaro, and the initial phase is expected to employ 630 people. “They are going to invest about US$190 million. The first p...
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    Neo opens new magnet manufacturing facility in Estonia, boosting European presence
    In a press release dated Sept. 22, Neo Performance Materials announced that it had opened its advanced permanent magnet manufacturing facility in Narva, Estonia, marking a pivotal development in its European presence. This facility is designed to support the growing demand for rare earth magnets, crucial for electric vehicles, wind energy and other sectors fueling the energy transition. A concurrent Investor/Analyst Day offered attendees insights into Neo's operations, featuring tours of the ...
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    Australia allocates A$40 million to expand public kerbside, fast EV charging infrastructure
    The Australian government is allocating A$40 million to support the installation of nationwide public kerbside and fast electric vehicle charging points as part of its Net Zero Plan. This initiative is aimed at encouraging Australians to transition to EVs, thereby reducing transportation costs and emissions in the sector. Significant investments have been made by the Commonwealth, state and territory governments in public charging infrastructure, particularly in the past four years. The gover...
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    Hyundai Steel starts production of third-generation automotive steel plates
    Hyundai Steel has commenced commercial production of its third-generation steel plates for automobiles after a decade of research. These innovative steel plates, produced at the Dangjin Steelworks, aim to capture the global automaker market by offering a superior balance of strength and formability. The company modified existing facilities to support production and is testing these plates with major customers, including Hyundai Motor Group. The third-generation steel plates boast increased te...
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    NVIDIA plans $500 million investment in UK autonomous driving firm Wayve
    NVIDIA has signed a letter of intent for a potential $500 million investment in the upcoming funding round of Britain's autonomous driving technology group, Wayve. This follows the recent technology agreement between Britain and the US to enhance cooperation in AI and related fields. Wayve, founded in 2017, had previously raised over $1 billion in 2024 with support from SoftBank Group and NVIDIA, while Uber also invested an undisclosed amount in the firm in 2024. Unlike traditional autonomous dr...
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    New Jersey announces $20 million in grants to fund purchase of electric buses and installation of public EV charging stations
    To commemorate National Drive Electric Month, the New Jersey Department of Environmental Protection (NJDEP) has announced $20 million in grants for electric school buses and public charging stations. This monthlong event, from Sept. 12 to Oct. 12, aims to promote the benefits of electric and plug-in hybrid vehicles. The NJDEP's Electric School Bus Grant Program is offering $10 million to replace diesel school buses with electric ones, addressing harmful emissions from diesel. Similarly, ...
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    Illinois Transportation Department announces $18.4 million in grants for expanding EV charging infrastructure
    Illinois Gov. JB Pritzker, Illinois Attorney General Kwame Raoul and the Illinois Transportation Department have announced that $18.4 million in grants will be allocated to construct 25 electric vehicle charging stations along interstate corridors in Illinois, US. This funding, arising from the second round of the National Electric Vehicle Infrastructure (NEVI) program, aims to promote community investment and economic development, aligned with Illinois' goal of having 1 million EVs registere...
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    Scout Motors commits additional $300 million investment to establish supplier park near manufacturing plant in South Carolina, US
    Scout Motors, a US division of the Volkswagen Group, is investing an additional $300 million to establish a supplier park at its manufacturing plant in Blythewood, South Carolina. The planned investment aims to support about 1,000 supplier jobs, enhancing the company's over $2 billion commitment to South Carolina. Scott Keogh, president and CEO of Scout Motors, emphasized the initiative's role in fortifying US manufacturing and South Carolina's position as a hub for automotive innovation and ...
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    WeaveGrid receives strategic investment from LG Technology Ventures for EV-grid integration
    WeaveGrid, a software company focused on enhancing electric vehicle adoption on the electric grid, has announced a strategic investment from LG Technology Ventures, the venture capital arm of LG Group. This investment strengthens WeaveGrid's position as the preferred platform solution for automakers and energy companies integrating EVs with the electric grid. LG Technology Ventures brings valuable energy storage expertise to WeaveGrid's ecosystem of strategic partners, emphasizing the importa...
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    Opaz and GFCL EV launch battery chemical materials project in Salalah Free Zone in Oman
    The Public Authority for Special Economic Zones and Free Zones (OPAZ), along with the Salalah Free Zone, announced a significant agreement for an advanced battery chemical materials project. The project will be executed by GFCL EV, a subsidiary of the InoxGFL Group, within the Salalah Free Zone. The project entails an investment exceeding 188 million Omani rials (approximately $487 million) and will be rolled out in phases over four to six years. The first phase alone is valued at over...
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    Wallbox deploys 275 eM4 EV chargers at Munich Airport
    Wallbox has expanded its European presence with the deployment of eM4 chargers at Munich Airport, a significant aviation hub in Europe. This installation represents a crucial aspect of the airport's e-mobility strategy and Wallbox's commitment to sustainable transportation. The new charging park consists of 275 Wallbox eM4 charging ports, catering to the increasing electric vehicle traffic at the airport. The initiative is a collaboration with AMBA operations, a Munich-based electrical contra...
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    LBM Energi invests 1.5 trillion rupiah in Batang SEZ for EV supply chain expansion
    PT LBM Energy Baru Indonesia Batang, affiliated with the global battery entity Lopal Tech Co., has initiated a substantial investment of 1.5 trillion rupiah (approximately $91 million) in Indonesia's Industropolis Batang Special Economic Zone (SEZ) to set up a lithium iron phosphate (LFP) battery material plant, which will fortify the country's electric vehicle supply chain. This investment encompasses 31.72 hectares of industrial land and represents a pivotal advance for Indonesia in the rea...
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    California awards $1.1 million to It's electric for curbside vehicle-to-grid EV charger development
    The California Energy Commission (CEC) has awarded $1.1 million to Brooklyn-based It's electric to develop, certify and commercialize the world's first curbside vehicle-to-grid electric vehicle charger. This initiative is part of the Enabling Electric Vehicles as Distributed Energy Resources grant under California's Electric Program Investment Charge (EPIC) Program, aimed at advancing the state's climate goals through innovative energy technologies. In partnership with the University of ...
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    Hesai Technology expands $40M lidar production deal with prominent US robo-taxi company
    Hesai Technology has announced the expansion of its production agreement with a prominent US-based robo-taxi company. This agreement, now valued at over $40 million, includes the delivery of both long-range and short-range lidars by the end of 2026. Hesai's selection as the sole supplier for these lidar components highlights its importance as a key partner in the development of the next generation of autonomous vehicle fleets. The robo-taxi sector is experiencing rapid growth, spurred by ad...
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    Natrion opens new battery manufacturing site in New York following $1.3 million funding
    Natrion, a US-based battery technology company, has announced the opening of a new manufacturing site in Cheektowaga, New York. This development follows the approval of $1.3 million in funding from the New York Power Authority (NYPA) board of trustees in July, aimed at supporting the project and creating 19 jobs. The new facility will enhance Natrion's production capacity, capable of servicing 500 MWh of lithium-ion batteries annually, with an initial capacity throughput of 250,000 square meters...
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    EIB allocates €17.5 million to Joltie SA for EV charging expansion in Greece and Cyprus
    The European Investment Bank (EIB) is providing long-term venture debt financing of up to €17.5 million to Joltie SA, a Greek electric vehicle charging-point operator. This investment is part of the InvestEU program and aims to expand public charging infrastructure in Greece and Cyprus by facilitating the addition of approximately 2,200 new charging points by 2029. The project aligns with EU climate goals by supporting sustainable mobility, reducing greenhouse gas emissions, and enabli...
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