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    Japan earthquake: Automotive semiconductor supply chains show resilience
    A magnitude 7.1 earthquake struck Japan's Kumamoto Prefecture on Kyushu Island on July 28, prompting precautionary inspections, temporary disruptions and localized power outages across the region. While several chipmakers suspended operations for safety checks, initial assessments indicate limited facility damage and gradual resumption of production. This report provides an update to our previous insight on the July 28 Kumamoto earthquake and its potential implications for the semiconductor a...
    Insights
    Pax Silica: The car industry enters the silicon security state
    For most of the postwar era, the automotive industry focused its anxieties on the traditional pillars of steel, oil and labor. As the sector evolved, it later found itself preoccupied with the complexities of battery supply chains. Now, it must contend with lithography, gallium, trusted foundries and the unsettling question of whether a chip buried in a door controller carries the wrong geopolitical ancestry. This is the logic behind Pax Silica, the latest American attempt to turn...
    Insights
    YFORE inaugurates Atlanta factory, debuts US-built in-cabin sensing system and digital key
    Automotive electronics supplier YFORE has inaugurated its 62,225-square-foot American headquarters in Suwanee, Georgia, integrating research and development (R&D), manufacturing, procurement, sales and delivery for automotive customers. The company said the facility is intended to support local automotive partners with engineering and supply-chain operations closer to their sites. Local officials, global original equipment manufacturer partners, and supply chain executives attended the ...
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    MAHLE invests €7 million in India, begins production of electric compressors for EVs
    German automotive supplier MAHLE has started commercial production of electric compressors at its manufacturing facility in Coimbatore, India, after investing €7 million, the company said. The facility is India's first dedicated plant for manufacturing electric compressors, a key component used in the thermal management systems of electric vehicles. Electric compressors help regulate cabin cooling and maintain battery temperatures within operating thresholds, influencing charging efficie...
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    Adient's JV opens new trim manufacturing facility in Egypt
    Diniz Adient, a joint venture between Adient and Diniz Holding, has inaugurated a new trim manufacturing facility in Ismailia, Egypt, as part of its strategy to expand its regional operations and strengthen its production network. The new facility is expected to enhance the US-based seating supplier's production capabilities, support growing customer demand, broaden its manufacturing footprint, and generate new job opportunities in the local market. “The launch of our new facility in I...
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    Gabriel India acquires HL Klemove India stake for $98.44 million
    Gabriel India will acquire a 30% less one-share stake in HL Klemove India for $98.44 million, according to a report published by the Economic Times. The investment, valued at approximately 9.35 billion rupees ($98.44 million), is part of a joint venture with South Korea-based HL Klemove to expand Gabriel India’s presence in autonomous driving solutions, including advanced driver assistance systems and automotive electronic products. Gabriel India, the flagship firm of the $2.2 billi...
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    Samvardhana Motherson starts production at new electronics plant in India
    Samvardhana Motherson has started commercial production at a new electronics plant in Pune, Maharashtra, India, with an initial installed capacity of about 1.5 million pieces a year. The greenfield facility is operated through subsidiary Motherson Electro Components Ltd. (MECL) and adds a dedicated Electronics Manufacturing Services capability within the group’s Lighting and Electronics vertical. The plant will make printed circuit board (PCB) assemblies, electronic control units (ECUs) and...
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    Gatik raises $200 million to expand driverless commercial freight operations
    Gatik raised $200 million in a Series D financing round to expand its driverless commercial freight operations, the autonomous trucking company said. The round was led by Qatar Investment Authority and Koch Disruptive Technologies, with participation from Millennium Management, ARK Invest, Intact Private Capital and others. Gatik said it has more than $600 million in contracted revenue, has completed 85,000 fully driverless orders and has achieved 99% on-time delivery across its operations. I...
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    CATL signs $370 million deal for 24.8% stake in Qiyuan Green Power
    CATL signed a contract to acquire a 24.8% stake in Qiyuan Green Power for 2.55 billion yuan ($370 million), expanding its position in commercial-vehicle battery swapping. The transaction values Qiyuan Green Power at about 10.275 billion yuan ($1.5 billion), a premium of about 120% to book value. After all registration processes are completed, CATL is expected to become the company’s largest shareholder. Qiyuan Green Power, under China Power, a subsidiary of the central state-owned State ...
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    EcoPro BM begins to upgrade battery material plant in Hungary
    EcoPro BM has begun a 40 billion won ($29 million) conversion of its Hungarian plant to make high-nickel cathode materials for European premium electric vehicles (EVs). The battery materials maker said on Aug. 24 that it is modifying an existing nickel-cobalt-aluminum (NCA) production line at the Debrecen plant so it can also produce nickel-cobalt-manganese (NCM) battery materials. Shipments to European customers are expected to start in the fourth quarter of 2027. EcoPro BM outlined the p...
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    Five AI secures UK funding to develop autonomous-vehicle testing software
    Five AI has secured UK government funding through the £150 million ($204 million) CAM Pathfinder program to develop simulation software for autonomous-vehicle testing. The Cambridge-based company said the technology will combine Gaussian scene reconstruction with generative AI to create photorealistic digital versions of real-world driving environments. It said the tool is intended to help automakers and partners develop autonomous vehicles more safely, faster and at lower cost. Gaussian ...
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    CBAK Energy expands Model 32140 cell capacity at Nanjing Phase II facility
    CBAK Energy Technology Limited said it has expanded production capacity for its Model 32140 FS cells at its Nanjing Phase II facility, which currently has 3 gigawatt-hours of annual capacity. The China-based lithium-ion battery maker said on August 20 that the site is planned to reach 18 GWh of annual production capacity under its long-term development plan, six times its current level. The planned expansion is supported by about 2.9 million square feet of planned gross floor area on a site o...
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    Spark Minda plans to invest $121.8 million in two manufacturing facilities in India
    India-based auto component group Spark Minda announced plans to invest 11.66 billion rupees (nearly $121.8 million) in two new manufacturing plants in the Yamuna Expressway Industrial Development Authority (YEIDA) region in Uttar Pradesh, India. The investment projects are expected to create a total of 6,440 jobs. The groundbreaking ceremony for the units at Sector-10 and Sector-24 of the YEIDA was held virtually in the presence of Uttar Pradesh Chief Minister Yogi Adityanath. The event took ...
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    BC Hydro opens 8-vehicle EV charging hub in Campbell River
    BC Hydro has opened an electric vehicle charging hub at Campbell River's Strathcona Gardens Recreation Complex in British Columbia with capacity for eight vehicles at the same time. The site, developed with the Strathcona Regional District, is in the parking lot of the complex at 225 South Dogwood Street. It has two 180-kW fast chargers that can add up to 180 km of driving to an average EV in about 10 minutes, BC Hydro said. Each fast charger can serve two vehicles at once by splitting out...
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    California Energy Commission approves $95.2 million zero-emission vehicle infrastructure plan
    The California Energy Commission approved a $95.2 million plan for fiscal 2026–2027 to expand zero-emission vehicle (ZEV) infrastructure across California, US. The annual Clean Transportation Program Investment Plan Update, approved Aug. 17, covers spending in the current fiscal year and includes projected allocations through 2028–2029. The money is intended to support electric vehicle charging and hydrogen refueling for light-, medium- and heavy-duty ZEVs. The plan allocates $48 milli...
    News
    Exide invests nearly 2 billion rupees in lithium-ion battery unit EESL
    Exide Industries has invested nearly 2 billion rupees (approximately $20.9 million) in wholly owned unit Exide Energy Solutions Ltd., lifting its total equity investment in the lithium-ion battery subsidiary to 51 billion rupees. The company disclosed the infusion in a regulatory filing, saying it subscribed to EESL shares on a rights basis. EESL allotted 5,71,42,857 equity shares of 10 rupees each at a premium of 25 rupees, for a total consideration of just under 2 billion rupees. Exide s...
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    ChargePoint deploys 10 overhead fast-charging dispensers at Portland airport
    ChargePoint has deployed 10 overhead dual-port fast-charging dispensers at Portland International Airport, allowing up to 20 rental electric vehicles to connect at the same time, the company said. The system, installed in PDX’s Quick Turnaround (QTA) Facility, uses retractable cable management and mounts charging equipment above vehicles rather than at ground level. ChargePoint said the approach is intended to preserve space, reduce installation complexity and lower the risk of vehicle dama...
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    Minda Instruments gets Indian government’s approval for local production of TFT display module
    Minda Instruments Ltd., a wholly owned subsidiary of Minda Corp. and part of the Spark Minda Group, has received approval under the government of India’s Electronics Components Manufacturing Scheme (ECMS) to manufacture display module subassemblies, a critical automotive electronics component that has largely been imported into the country. The approval paves the way for the Indian supplier to establish a greenfield thin-film-transistor (TFT) display module assembly facility, marking a sign...
    News
    LG Energy Solution starts production at Lansing battery plant
    LG Energy Solution said on Aug. 18 that it has started production at a 226-acre battery plant in Lansing, Michigan, targeting more than 35 GWh of annual capacity at full scale. The facility, LG Energy Solution Michigan-Lansing, will make large-format battery cells for energy storage systems and electric vehicles. Employment is expected to rise to 1,700 people at full-scale production from about 900 currently. The plant produces lithium iron phosphate (LFP) cells for energy storage systems,...
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    SparkCharge expands to UK with AI-optimized on-site power deployments
    SparkCharge has expanded operations to the UK, offering AI-optimized on-site power deployments in as little as seven days for autonomous vehicle fleets and other enterprises. The company said on Aug. 11 that the UK expansion extends its international footprint beyond established operations in the US. SparkCharge said its systems can operate independently of the grid and later integrate with grid infrastructure when it becomes available. The company provides power through a managed energy s...
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    Veuron secures $4.8 million through South Korea’s 2026 Global TIPS program
    Veuron Technology has been selected for South Korea’s 2026 Global TIPS program, securing $4.8 million over four years, the company said on Aug. 18. The AI autonomous-driving startup, which focuses on lidar-based perception, will receive $3.75 million in government research and development funding for a project titled “Development of World Foundation Model (WFM)-based End-to-End Autonomous Driving Technology and Global Real-Vehicle Validation.” KAIST will join as a research institutio...
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    New Jeep Cherokee to launch Stellantis' STLA One Platform in US
    Stellantis has announced that the next-generation Jeep Cherokee will be the first vehicle assembled in the US on its new STLA One architecture, marking a significant step in the automaker's strategy to improve product competitiveness, streamline vehicle development and support long-term profitable growth. Introduced as a cornerstone of Stellantis' FaSTLAne 2030 strategy unveiled in May 2026, STLA One is a flexible, modular vehicle architecture designed to underpin more than 30 models globally...
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    EVgo plans 500-kW EVgo Supercharger deployment across US metropolitan fast-charging network
    EVgo plans to deploy V4 EVgo Superchargers capable of up to 500-kW/1,000 V across its US metropolitan fast-charging network, the company said Aug. 5. The Los Angeles-based company said deployments will begin soon, with the first EVgo Supercharger sites expected to be operational in the second half of 2026. The chargers will broaden access to North American Charging Standard (NACS) charging options. EVgo said the Supercharger locations will appear in Tesla's in-car navigation, allowing...
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    NXP breaks ground on 500,000-square-foot factory in Malaysia
    NXP Semiconductors broke ground on a new 500,000-square-foot assembly and test factory in Petaling Jaya, Malaysia, expanding its existing site there. The facility is expected to start ramping up production in the first quarter of 2028. Once fully operational, the company's total output at the site is projected to more than double. The new plant will increase NXP's production space in Petaling Jaya to about 900,000 square feet. It will handle assembly and testing for the company's product...
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    Indian government receives 20 bids for its rare earth magnet scheme
    India’s Ministry of Heavy Industries has received 20 bids for a 72.8 billion rupees (about $763 million) scheme to promote domestic manufacturing of sintered rare earth permanent magnets. The technical bids were opened after a global tender was issued on March 20 for the program that is officially named the "Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM)," the ministry said. The program is intended to create a total manufacturing capacity of 6,000 metric t...
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    BMW i Ventures invests in CodeRabbit to advance AI review capabilities for software development
    BMW Group's independent venture capital fund, BMW i Ventures, has invested in CodeRabbit as part of a $143 million Series C financing round that values the software company at $1.5 billion. The round was coled by Atomico and Smash Capital, BMW i Ventures said. CodeRabbit’s platform reviews proposed code changes before they are approved and released. It identifies potential quality, security and reliability issues using the context of existing software, relevant requirements and test re...
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    New Zealand opens second round of interest-free loans aimed at driving EV charging infrastructure growth
    New Zealand's government will offer about NZ$21 million (about US$12.32 million) in zero-interest loans for public electric vehicle charging infrastructure as it targets the installation of 10,000 public EV charge points by 2030. Transport Minister Chris Bishop and Energy Minister Simeon Brown said National Infrastructure Funding and Financing (NIFFCo) would shortly issue a request for proposals for the second round of loans. The funding is aimed at charge-point operators (CPOs) seeking co-in...
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    EVgo opens flagship EV charging station in metropolitan Detroit
    EVgo Inc. opened a flagship electric vehicle charging station in metropolitan Detroit and expects to have more than 100 flagship charging stalls online by the end of 2026. The site, at the Meijer Warren store across from General Motors' (GM) Global Technical Center, was developed in partnership with Meijer and with support from GM, the company said Aug. 11. Its opening brings the number of EVgo flagship stalls operating nationwide to more than 40. The Warren station has an overhead canopy,...
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    Octillion opens third India plant with over 3-GWh annual battery capacity
    Octillion Power Systems has opened a third manufacturing plant in India, a more than 13,000-square-meter facility in Halol, Gujarat, that adds over 3 GWh of annual battery capacity. The electric-vehicle battery systems supplier said the plant was converted from an empty structure into an operating manufacturing site in less than eight months. At full capacity, it will produce more than 48,000 battery systems a year. Together with Octillion’s two existing India facilities, the company exp...
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    Greater Cambridge secures £3.88 million to expand self-driving bus program
    Greater Cambridge has secured £3.88 million in UK government grant funding to expand its self-driving bus program beyond trials toward public transport services. The award will fund the Greater Cambridge Partnership (GCP) and partners’ Commercialising Connector project, building on the Connector program. The work will examine how autonomous buses can move from trial projects into real-world services, including customer experience, ticketing, safety and accessibility. Self-driving Connec...
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    Sony and TSMC discuss ¥1 trillion investment in planned Kumamoto chip factory
    Sony and TSMC are discussing a combined ¥1 trillion (about $6.3 billion) investment in a jointly planned chip factory in Japan’s Kumamoto Prefecture, Nikkei reported Aug. 10. The venture would be approximately 60% owned by Sony and 40% by TSMC and is targeting mass production of next-generation image sensors as early as 2029, the report said, citing people familiar with the plans. The chips are intended for eventual automotive and robotics applications. The project would expand an exist...
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    SpaceX and Tesla invest $16.8 billion in Texas AI chip complex
    SpaceX and Tesla will invest an initial $16.8 billion to build Terafab, an AI semiconductor complex in Grimes County, Texas. The facility is meant to help close the gap between global chip supply and the more than 1 terawatt of computing power the companies expect to need in the coming years. SpaceX said future phases could substantially increase the total investment and that the site would employ at least 3,000 people. "The Terafab is bringing cutting-edge manufacturing to America, crea...
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    Aurrigo wins £1.43M UK funding to test autonomous airport safety vehicles
    Aurrigo International PLC has been awarded £1.43 million in UK government funding to test autonomous vehicles for airport safety tasks under a project named SENTRY. The company will use the CAM Pathfinder grant to deploy its Auto-Shuttle vehicles on routine airport work, including security patrols, perimeter inspections and counting birds and encouraging them to move somewhere safer. The vehicles will also inspect runway and taxiway surfaces for cracks, wear and loose objects that can d...
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    Lumax Auto plans $16.4 million investment in new production facility in India
    Lumax Auto Technologies Ltd. has approved a 1.6 billion rupees (about $16.4 million) capital expenditure plan to set up a manufacturing plant in Chakan, Maharashtra, India, to supply components to local customer Mahindra & Mahindra, according to a report by Autocar Professional. The facility will be operated under the company’s Intelligent Ambient Comfort division and will supply components tied to the new business secured from Mahindra & Mahindra. The project will be funded entirel...
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    New Brunswick province in Canada to invest C$6 million on fast-charging stations, EVs
    The Canadian province of New Brunswick plans to add 16 fast chargers to its eCharge network through a C$5 million investment from the province’s emissions reduction fund, the provincial government said. The Energy Department will work with NB Power to install the chargers in underserved areas where the private sector may not yet have a business case, the province said. The move is part of a broader effort to expand electric-vehicle infrastructure across New Brunswick. The province also p...
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    Meridiam leads €23 million investment in Chargepoly alongside Fideve Groupe
    Meridiam led a €23 million investment in Chargepoly through its Meridiam Green Impact Growth Fund, alongside long-standing shareholder Fideve Groupe, to fund international expansion and platform scaling. Chargepoly, which is headquartered in Aix-en-Provence, France, designs, deploys and operates direct current (DC) charging infrastructure for heavy-duty fleets. Founded in 2019 by Hadi Moussavi, the company focuses mainly on depot-based charging for truck and bus fleet operators. The comp...
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    Stellantis Canada opens new battery research center in Ontario
    Stellantis Canada and the University of Windsor marked 30 years of their joint automotive research center on Aug. 4 by opening a new battery technology facility in Windsor, Ontario. The anniversary event for the Stellantis Canada-University of Windsor Automotive Research and Development Centre (ARDC) was held inside the new North American Battery Technology Centre. The battery center covers more than 8,600 square meters near Windsor International Airport. It is Stellantis’ North Ame...
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    Moove raises $250 million at $2.1 billion valuation
    Moove, the global mobility company building the operating layer for autonomous mobility, raised $250 million at a $2.1 billion valuation in a Series C funding round led by Mubadala Investment Co. Woven Capital, Toyota’s Growth Fund and Ion Pacific coled the round, which also included BlueCrest Capital Management, Sona Asset Management and The Raptor Group. Existing backers include BlackRock, MUFG, Franklin Templeton, Uber, Left Lane, Silverbacks Holdings, Square Associates, The Latest Ventu...
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    Agratas to build pilot lithium iron phosphate cell line at Sanand factory
    Tata Group battery unit Agratas is building a pilot lithium iron phosphate (LFP) cell line at its Sanand, Gujarat, factory, turning to in-house technology as Chinese export restrictions complicate licensing agreements, according to a Bloomberg report published by Business Standard on Aug. 4, citing people familiar with the matter. The closely held Agratas Energy Storage Solutions Pvt. plans to produce LFP cells at the upcoming plant in Gujarat, India, the sources said, asking not to be identi...
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    Philippines rolls out incentives to spur local EV manufacturing
    The Philippine government has unveiled a $1 billion subsidy program for local electric vehicle manufacturing, offering automakers direct government co-funding of up to 40% for eligible battery-electric vehicles (BEVs) and components. President Ferdinand Marcos Jr. signed the decree creating the Electric Vehicle Incentive Strategy (EVIS) program, which aims to draw investment into local production. The scheme follows a 2022 policy that cut import duties to 0% on completed EVs and key parts to ...
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    MAHLE starts battery-cooling plate production at Montblanc plant in Spain
    MAHLE has started series production of battery cooling plates for electric vehicles at its Montblanc plant in Tarragona, Spain, after a double-digit million-euro investment. The project coincides with the plant’s 50th anniversary and its 25th year as part of the MAHLE Group. The site, which employs 750 people, has adapted about 10,000 square meters of its facilities for the new production line. The cooling plates are designed to keep battery temperatures below 40°C and distribute heat e...
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    Indian EV charging startup Roadgrid secures $1.4 million for manufacturing project
    Indian electric vehicle charging technology startup RoadGrid has secured 130 million rupees (about $1.4 million) from the Technology Development Board for a 275 million rupees manufacturing project. The company will use the financial assistance to set up a manufacturing and assembly facility for its patented Universal EV Charger, which supports electric two-wheelers, three-wheelers, passenger vehicles and commercial EVs on a single platform. Commercial production is expected to begin in ...
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    Devon and Torbay Councils in the UK commission 3,000 new public EV chargers
    Devon County Council and Torbay Council in the UK have agreed to work with Believ, Char.gy and Wenea to install almost 3,000 publicly accessible electric vehicle charging sockets over the next few years. The chargers will be placed in communities, car parks and on streets across Devon and Torbay. The three companies will deliver, operate and maintain the charging points, with deployment focused on locations where the councils say demand is greatest. Approximately £30 million is expected t...
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    Gestamp opens eighth manufacturing plant in São Paulo
    Gestamp has inaugurated its eighth manufacturing facility in Brazil, further expanding its presence in one of Latin America's largest automotive markets. The new 16,500-square-meter plant is located in Piracicaba, São Paulo, and was officially opened by Gestamp Executive Chairman Francisco J. Riberas and Gestamp Mercosur CEO Miguel Ángel Vicente. The plant has about 50 employees, with potential to increase to 150 within the existing facility and to 500 if future expansions are undertaken. I...
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    Canada announces fresh investment of C$10.9 million on 22 EV charging infrastructure projects
    The government of Canada has announced C$10.9 million for 22 electric vehicle infrastructure and education projects across the country, including funding for nearly 400 chargers. Environment, Climate Change and Nature Minister Julie Dabrusin announced the funding, which follows Canada’s new Auto Strategy unveiled in 2025. The federal government said the projects are intended to make it easier for Canadian families and businesses to switch to EVs. Almost C$9 million will go to nine projec...
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    Allego plans to invest €100 million on installing up to 1,400 EV chargers in the UK by 2030
    Allego plans to invest €100 million to install up to 1,400 ultrarapid electric vehicle chargers in the UK by 2030. The company said the rollout will focus on high-traffic locations and densely populated urban areas, with London given priority for the EV charging expansion. Allego described the UK as one of Europe’s biggest growth opportunities for EV charging, adding that the public network remains undersized relative to demand and compared to other markets. The investment is backed by...
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    PhysicsX secures funding from British Business Bank as part of Series C funding round
    British Business Bank invested $25 million in UK physics AI company PhysicsX as part of a Series C financing round led by Temasek. The investment includes the fourth made by British Growth Partnership Fund I since its £200 million first close. The round also includes backing from M&G Investments, the bank said. British Business Bank said the deal shows how the British Growth Partnership’s coinvestment model can draw additional pension fund capital into UK venture financing. It said ...
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    Mutapa Energy secures $300 million to develop Zimbabwe lithium assets
    Zimbabwe’s state-owned lithium miner, Mutapa Energy Resources, has secured $300 million from a group that includes mainland Chinese companies to develop assets in the country. “It’s a done deal,” Innocent Rukweza, CEO of Mutapa Energy, said in an interview. He declined to name the investors, saying one of the companies is listed and must first make a regulatory disclosure. Zhejiang Huayou Cobalt Co. and Tshingshan Holding Group Co. were in talks on a $250 million to $300 million pa...
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    Terminal raises $20 million Series A to expand telematics integration platform
    Terminal, a provider of unified telematics integration technology, has closed a $20 million Series A financing led by Battery Ventures, bringing its total funding to $26 million since its founding. The round included new strategic investors Intact Private Capital and Penske, along with returning investors Y Combinator and Wayfinder Ventures. Terminal said it will use the capital to expand its enterprise footprint across insurance, fleet management and logistics. Terminal integrates data ge...
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    Huatai Mould plans to invest over US$30 million in new manufacturing plant in Mexico
    Huatai Mould, a supplier based in mainland China, will invest more than $30 million to build a manufacturing plant in Aguascalientes, Mexico, creating 250 jobs, according to MexicoNow, citing the Aguascalientes state government. The plant will be established in the La Aurora industrial park in the municipality of San Francisco de los Romo and is expected to start operations toward the end of 2026. The plant will design and manufacture high- and low-pressure die-casting molds as well as alumin...
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    BMW sets December start for iX5 battery production at Woodruff
    BMW Group Plant Woodruff will begin series production of high-voltage batteries for the new fully electric BMW iX5 in December, the company said. The South Carolina, US, plant will assemble BMW’s sixth-generation high-voltage battery using cylindrical round cells integrated directly into the battery under a “cell-to-pack” design. The batteries will be shipped to BMW’s Plant Spartanburg, about 15 miles away, for use in the next generation of fully electric BMW X models. BMW said the...
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    Socar proposes three-phase plan to make Jeju autonomous driving hub
    Socar and the autonomous driving unit Apex Mobility proposed a three-phase plan to make Jeju Special Self-Governing Province a hub for autonomous driving technology. The road map, presented by Socar and Apex Mobility CEO Park Jae-wook, calls for converting internal combustion engine vehicles to electric vehicles, expanding autonomous car-sharing services and introducing autonomous ride-hailing, robotaxis and robo-buses. The plan includes airport-to-rental car connections, shuttle service...
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    Hertfordshire County Council in the UK partners Zest for installation of over 1,000 public EV charge points
    Hertfordshire County Council in the UK has chosen Zest to install more than 1,000 public electric vehicle chargepoints across North Hertfordshire, St Albans and Welwyn Hatfield. The project will be backed by significant investment from Zest and £1.8 million from the central government’s Local Electric Vehicle Infrastructure (LEVI) Fund. Zest will fund, operate and maintain the network for 15 years at no cost to the council or residents, the council said. Hertfordshire has been divi...
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    ProLogium secures $50 million investment for TDAC business combination
    ProLogium and Translational Development Acquisition Corp. secured commitments for a $50 million primary capital investment from existing ProLogium shareholders to support their proposed business combination. The investment is tied to the companies’ previously announced transaction, which would result in ProLogium becoming a publicly listed company, they said on July 28. The committed capital comes at ProLogium’s previously announced pre-money valuation of approximately $3.8 billion. Th...
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    Volkswagen and Gotion hold advanced talks on Valencia battery plant stake
    Volkswagen AG and Gotion are in advanced talks over a possible stake for the Chinese company in the German automaker’s battery plant in Valencia, La Tribuna de Automoción reported on July 27. The Spanish trade publication said Gotion could take a majority stake in a joint venture for the site. A PowerCo spokesperson said the company had no plan to cede control of the plant. The talks have included high-level visits by Gotion Chief Executive Li Zhen to assess the operation, the report sa...
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    Tellus Power launches Tellus Energy AI to cut electricity costs 20%-40%
    Tellus Power Global Holding Ltd. launched Tellus Energy AI, a vertical AI model with early deployments targeting electricity cost reductions of 20%-40%. The company said the model is built for the energy and computing sectors and coordinates AI computing workloads with real-time power availability and prices. It also aims to turn distributed charging and storage assets into grid-responsive resources. Tellus Energy AI includes five core capabilities: near real-time wholesale electricity pri...
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    Acciona Energía and Castellana Properties open 42-bay EV charging station in Badajoz
    Acciona Energía and Castellana Properties have opened a public electric vehicle charging station with 42 charging bays and 2,000 kW of contracted power at El Faro shopping center in Badajoz, Spain. The companies said the facility is one of the largest publicly accessible EV charging sites in Spain. The contracted power is intended to maintain charging capacity during periods of peak demand. The site has four 240-kW ultrafast chargers serving eight bays, enabling charging in less than 15 m...
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    Forvia plans to establish new seating plant in India in 2027
    Forvia will start production at a new seating plant in India in 2027 after winning a program to supply complete first- and second-row seating systems. The program covers seat structures, mechanisms, foam, covers and final assembly. The greenfield plant will handle end-to-end production of seating systems and use locally engineered and manufactured components. Forvia has not yet disclosed the details of the upcoming plant, including its location and the amount it is planning to invest. Forvia ...
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    Rock Tech Lithium secures offtake supply agreement valued at up to $80 million
    Rock Tech Lithium Inc. has signed a binding seven-year offtake agreement with Transamine SA, eventually covering at least 100,000 dry metric tons of spodumene concentrate per year from its wholly owned Georgia Lake project in Ontario. The July 24 agreement gives the project a long-term sales channel with the Geneva-based commodities trader, with deliveries expected to start in 2028, subject to contractual terms and any changes after a final feasibility study. It also provides a framework for ...
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    Forvia wins India seating program, plans 10th local manufacturing facility
    Forvia has won a significant seating program in India that will lead it to build its 10th manufacturing facility in the country, its first there for complete seat assembly. The company said the new plant will expand its industrial capabilities in India and support a local-for-local approach. The contract strengthens Forvia’s presence in a market it has identified as a priority under its Ignite strategy. India’s vehicle sales rose nearly 22% year over year to a record 2.6 million units in ...
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    Australia allocates A$30 million for smart grids, including V2G incentives
    Australia will invest A$30 million through its Grid Enhancing Technologies (GET) Grant Program to fund 14 projects designed to strengthen electricity networks and accelerate the use of electric vehicles, batteries and renewable energy across the country. The projects include initiatives that enable vehicle-to-grid (V2G) technology, allowing EVs to operate as mobile batteries and supply electricity back to the grid during periods of high demand. Other projects will encourage EV owners to charg...
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    Thailand reviews $714 million plan to replace transport vehicles with EVs
    Thailand is reviewing a 24 billion baht ($714 million) plan to replace up to 80,000 aging transport vehicles with electric vehicles. The initial proposal, presented to a government committee in June, covered commercial transport vehicles including taxis, motorcycle taxis, tuk-tuks, buses and trucks, Deputy Transport Minister Siripong Angkasakulkiat told Reuters. Officials are now considering whether to expand the program beyond transport vehicles to all EV purchases. "We are reconsidering ...
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    African Development Bank approves €100 million loan to Gotion Power Morocco for LFP gigafactory
    The African Development Bank approved a €100 million loan to Gotion Power Morocco for Africa’s first integrated lithium iron phosphate (LFP) battery gigafactory, the bank said. The financing will support an integrated cathode-to-cell LFP battery plant in the Rabat-Salé-Kénitra Free Trade Zone. The bank also plans to mobilize up to €141 million more from financial partners as Mandated Lead Arranger under the New African Financial Architecture for Development (NAFAD). The project is ...
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    Spain approves Auto+ plan to subsidize purchase of new EVs
    Spain's Council of Ministers has approved the terms of the Auto+ Plan, a €400 million subsidy program aimed at boosting electric vehicle purchases, with the scheme expected to be formally published in the Official State Gazette (BOE) in the coming days. The program, first unveiled earlier in 2026, has faced implementation delays, prompting several automakers to advance incentives to customers to support EV sales. As the scheme will apply retroactively to purchases made from Jan. 1, industry...
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    Scottish government allocates another £1 million for zero-emission haulage
    The Scottish government plans to continue supporting small and medium-sized haulage operators by investing a further £1 million in its SME fleet analysis scheme, which aims to help fleet operators transition to zero-emission heavy goods vehicles (HGVs). The next phase of the SME Fleet Analysis Support fund follows what the government described as high levels of interest and engagement from operators across Scotland. The scheme is part of the Heavy Goods Vehicle Market Readiness Fun...
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    Kontron launches production of automotive 5G modules in Düsseldorf
    Internet of things and embedded computer technology company Kontron has launched a production line for 5G communication modules at its Düsseldorf, Germany, site.  The line will produce 5G Automotive Network Access Devices (NADs) and 5G Industrial M.2 communication modules, Kontron said. The company said it is the only manufacturer worldwide to develop these modules in Europe and produce them in Germany. Mona Neubaur, minister for Economic Affairs, Industry, Climate Protection and Ene...
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    Grab invests in Vietnamese EV charging platform Eboost
    Grab has made a strategic investment in Eboost, a Vietnamese electric vehicle charging platform that operates more than 2,500 charging points nationwide. The investment, announced July 10, 2026, follows a memorandum of understanding signed between the companies in November 2025 and is aimed at expanding EV charging infrastructure across Vietnam. Eboost serves more than 10,000 EV users nationwide. The companies initially worked together to give Grab driver-partners access to Eboost's chargi...
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    Nano One reports 85% engineering completion for Candiac LFP capacity expansion
    Nano One Materials Corp. said detailed engineering for its Candiac lithium iron phosphate (LFP) capacity expansion was 85% complete as of mid-July 2026, keeping the project on track to lift total capacity to about 800 metric tons per annum. The Vancouver-based company, which develops process technology for lithium-ion battery cathode active materials (CAM), said commissioning of the expanded production capacity remains targeted for the first half of 2027. Major equipment purchase orders we...
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    BC Hydro plans to deploy 3,500 public EV chargers in British Columbia by 2035
    BC Hydro plans to deploy 3,500 new public electric vehicle charging ports in British Columbia by 2035. The company's ambitious EV charging infrastructure rollout plan is backed by a C$700 million investment. The expansion, which is being carried out with the British Columbia government, will more than triple the number of public charging ports in the province. BC Hydro’s current public fast-charging network has 917 charging ports at 190 locations. The utility plans to add charging hubs i...
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    Sona Comstar, DENSO partner to develop electric and hybrid powertrain systems
    Sona BLW Precision Forgings Ltd. (Sona Comstar) has signed definitive agreements with Japan's DENSO Corp. to set up two joint ventures for electric and hybrid powertrain systems in India. The first of the two JV companies will develop and make high-voltage liquid-cooled traction inverters, traction motors and generators for electric and hybrid passenger vehicles, commercial vehicles and other high-voltage applications. DENSO will own 51% and hold management control, while Sona Comstar will ho...
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    Hyundai opens China-focused mobility user experience research hub
    Hyundai Motor Group has announced the opening of UX Studio Shanghai, a dedicated user experience (UX) research center aimed at deepening its understanding of Chinese consumers and incorporating local insights into its global vehicle and mobility development efforts. Located in Shanghai's Jing'an district, the facility represents a key step in the group's "In China, For China, To Global" strategy, reinforcing its commitment to localization and customer-centric innovation in the era of smart ...
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    Gabriel India to buy 28.99% stake in HL Mando Anand JV
    Gabriel India will acquire a 28.99% stake in HL Mando Anand India Pvt. Ltd. from Asia Investments Pvt. Ltd. for 22.31 billion rupees (about $231.6 million), the flagship company of India-based auto component supplier Anand Group said. HL Mando Anand India is a joint venture between South Korea's HL Mando Corp., which owns 71.01%, and Asia Investments, which holds 28.99%. The acquisition is part of Gabriel India's plan to consolidate the Anand Group's automotive businesses under the ...
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    Moto Hospitality opens one of UK’s largest EV charging hubs in Exeter
    Moto Hospitality has opened a 100-bay ultrarapid passenger electric vehicle charging hub at its Exeter motorway services site. The company claimed that the newly opened EV charging hub is the largest EV charging site in the UK. The Moto Charge launch adds 24 ultrarapid EV charging bays at the site, located at Junction 30. The new bays sit alongside 32 Tesla and 44 Gridserve high-power charging bays already in place. Moto said the EV charging hub forms part of its plan to invest more t...
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    Minda Corp. invests $2.6 million in EV components subsidiary
    Minda Corp. Ltd., the flagship company of India-based Spark Minda Group, invested 250 million Indian rupees (nearly $2.6 million) in its wholly owned subsidiary Spark Minda Green Mobility Systems Private Ltd. through a rights issue completed on July 19, 2026. The auto components company said the capital infusion allows it to retain 100% ownership of the subsidiary while funding its expansion plans in electric mobility components. Established in February 2021, Spark Minda Green Mobility System...
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    Foxconn unit Fulian set to enter EV charger manufacturing business
    Foxconn Industrial Internet's Vietnamese unit, Fulian Precision Technology Component Co. Ltd. (Fulian Technology), has added electric vehicle charging stations to its registered business after raising charter capital by 401.8 billion dong (about $15.28 million). Fulian Technology added the manufacturing and processing of EV charging stations under electrical equipment production, according to a business registration updated on July 15. The filing marks the first inclusion of EV charging ...
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    JSW MG Motor plans to invest $145 million on capacity expansion, new product development in India
    JSW MG Motor India will invest about 14 billion rupees (about $145 million) in the current financial year to increase localization, introduce four new vehicles and expand manufacturing capacity, Managing Director Anurag Mehrotra said, as the automaker positions itself for the next phase of growth in India's fast-growing new-energy vehicle (NEV) market. The investment is part of a broader near-term capital expenditure plan, ranging from 30 billion rupees to 40 billion rupees, focused on t...
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    Amara Raja commissions 60 MWh lithium-ion cell qualification plant in Telangana
    Amara Raja Advanced Cell Technologies commissioned a 60 MWh Customer Qualification Plant in Telangana on July 15, as part of its lithium-ion cell manufacturing program. The facility, located at the company’s Giga Corridor in Mahbubnagar, is intended to produce lithium-ion cells for customers to test and validate before commercial production. The Hyderabad-based company said the plant is designed to bridge laboratory-scale research and development and commercial-scale manufacturing. Amara...
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    Grant PUD receives $250,000 in Washington grants for EV chargers
    Grant PUD received $250,000 in Washington state grants to support electric vehicle chargers, including 10 public stations at its future Ephrata Service Center along State Route 282. The public chargers will be installed at the service center now under construction, with completion slated for early 2028, the utility said. The chargers will be Level 2, 19.2-kilowatt, 80-amp ChargePoint 6000 stations, which can charge all makes and models. An hour of charging can add about 75 miles of range t...
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    California rolls out rebates for first-time buyers of zero-emission vehicles
    California Gov. Gavin Newsom has signed SB 168, a bill creating a $3,500 instant rebate for families buying their first zero-emission vehicle (ZEV). The bill is part of a $600 million clean-transportation package. The rebate program, expected to start soon, will offer the discount at participating dealerships. California has dedicated $135.5 million to the program, with an equal contribution to be matched by participating automakers, the governor’s office said. The broader $600...
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    Dublin Airport invests €17 million on installing pantograph chargers for electric buses
    Dublin Airport has unveiled Ireland’s first pantograph electric bus charging infrastructure, part of a €17 million investment to support a new zero-emission shuttle bus fleet and advance its decarbonization efforts, airport operator daa said July 8. The automated high-power charging system uses retractable charging arms to rapidly recharge electric buses at the end of their routes, allowing vehicles to remain in service without returning to a depot during the day. The infrastructure wi...
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    DEWA and Dubai Taxi Co. open 24-point EV charging hub for taxi fleet
    The Dubai Electricity and Water Authority (DEWA) and Dubai Taxi Co. opened a dedicated electric vehicle charging hub with 24 ultrafast-charge points for DTC's taxi fleet, the first phase of a planned network of more than 200. The hub, located at DTC's headquarters in Muhaisnah 4, was inaugurated by Saeed Mohammed Al Tayer, managing director and CEO of DEWA, and Abdul Muhsen Ibrahim Kalbat, chairman of the DTC Group's board of directors. Each charge point is rated at 360 kilowatts, and the sit...
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    Germany awards Eliso eight-year contract for 180 heavy-vehicle charging points
    The Federal Republic of Germany has awarded Vinci Concessions' subsidiary Eliso an eight-year contract to install and operate up to 180 heavy-vehicle charging points across 25 stations in northern Germany. The project represents an approximately €100 million investment and will place the charging stations along principal transport routes, Vinci said. The sites will be built specifically for electric heavy vehicles. Each station will have between three and 36 charging points, with power...
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    NDR Auto Components opens new manufacturing facility in India
    NDR Auto Components has inaugurated a new manufacturing facility in Penukonda in the Sri Sathyasai district of Andhra Pradesh, India. The company invested 272.9 million rupees (nearly $2.9 million) in the greenfield facility, which will produce key seating parts for Hyundai Transys, a supplier of Hyundai and Kia brand vehicles in India. The facility will be operated by NDR Auto Components South Private Ltd., a wholly owned subsidiary of NDR Auto Components. The project was funded through...
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    Falcon Energy opens Morocco CSPG pilot plant for battery anode facility
    Falcon Energy Materials plc opened a pilot plant near Casablanca, Morocco, to support its proposed 25,000-tons-per-year battery anode facility. The site is the first natural graphite-coated, spheronized, purified graphite (CSPG) pilot facility in Morocco. CSPG is used in battery anodes. Falcon said the fully assembled and pre-commissioned process line has been relocated and installed in Morocco, with commissioning now underway. The plant is expected to produce qualification-scale CSPG sa...
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    Ultium Cells starts mass-producing LFP cells at Tennessee plant for ESS sector
    Ultium Cells has begun mass-producing lithium iron phosphate (LFP) battery cells for energy storage systems at its Tennessee plant after a $70 million conversion of part of an EV battery line. The joint venture between LG Energy Solution Ltd. and General Motors Co. started production at the Spring Hill facility on Tuesday, according to people familiar with the matter. Ultium Cells said in March it would convert part of an existing electric-vehicle battery line and target mass production by th...
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    Nio plans Shanghai battery R&D base with 31 lithium testing labs
    Nio Inc. plans to start building a battery research and development base in Shanghai in the second half of 2026, with 31 lithium battery testing laboratories planned. The project in Shanghai's Jiading district will focus on next-generation power batteries and also include one lithium-ion cell pilot line and one battery pack line, according to an article published on July 6 by a WeChat account affiliated with the Jiading district government. The base adds to Nio's layout of manufacturing in...
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    Pure Battery Technologies plans $350 million investment in a pCAM facility in Indonesia
    Australian battery materials company Pure Battery Technologies plans to invest $350 million to develop a precursor cathode active material (pCAM) facility in Indonesia, the Indonesian government said. Indonesia's Deputy Minister of Investment and Downstreaming Todotua Pasaribu discussed the plan with PBT Chairman Stephen Wilmot at the Indonesia Investment Promotion Center (IIPC) in Sydney, Australia, according to a statement received in Jakarta, Indonesia, on July 2. Pasaribu said PBT aims...
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    LG Energy Solution-Honda JV begins LFP ESS battery production in Ohio
    LG Energy Solution and Honda's US joint venture have begun mass production of lithium iron phosphate (LFP) batteries for energy storage systems (ESS) at its Ohio, US, plant, shifting away from its original plan to produce electric vehicle batteries. The company said on its website on July 2 that the Jeffersonville factory in Fayette County, Ohio, had started mass production of LFP batteries for ESS. Shipments are starting 3 years and 5 months after construction began in February 2023. The ...
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    OMV Petrom expand EV charging infrastructure along the TEN-T Corridor in Europe
    OMV Petrom completed an EU-supported project installing 384 ultrafast electric vehicle charging points along a TEN-T corridor linking Bratislava, Budapest, Oradea and Cluj-Napoca. The project had a total value of approximately €40 million at the time of contracting, including up to €12 million in EU grants for Romania under the Connecting Europe Facility, the company said. The charging points were installed across Romania, Hungary and Slovakia. Romania accounted for 304 charging points...
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    JRG Automotive secures $13.1 million investment from Piramal Alternatives to fund capacity expansion in India
    JRG Automotive Industries India Private Ltd. has secured a 1.25 billion rupee (nearly $13.1 million) investment from Piramal Alternatives to expand production capacity, upgrade its factories and diversify its product portfolio. The Gurugram, Haryana-based company manufactures injection-molded plastic components and supplies major original equipment manufacturers in the two-wheeler and passenger vehicle segments. The funding was made through Piramal’s India Credit Opportunities Fund II....
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    Sicona secures $45 million from ARENA for silicon-carbon anode facility
    Sicona Battery Technologies has secured A$45 million from the Australian Renewable Energy Agency (ARENA) to build and operate its first commercial-scale silicon-carbon battery anode material facility in Australia's Illawarra region. The Australian battery technology company also entered an exclusivity agreement with BlueScope Steel Ltd. to assess the development of the facility within BlueScope's Port Kembla precinct. The plant will scale production of Sicona's SiCx silicon-carbo...
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    EVelution Energy starts construction of 28-MW solar facility in Arizona
    EVelution Energy LLC has started construction of a 28-megawatt solar facility to power its planned cobalt processing operations in Yuma County, Arizona. The company said construction began with the installation of the first permanent steel mounting piles at the 150-acre site, placed in their final designed locations. The piles will support solar panels for the cobalt facility once the solar project is complete. The installation was performed under a binding construction contract using engi...
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    Uno Minda plans to invest $33.6 million to set up seat manufacturing plant in India
    The board of directors of Uno Minda Ltd. has approved the management’s plan to invest 3.2 billion rupees (about $33.6 million) in a manufacturing plant in Chhatrapati Sambhajinagar in Maharashtra, India, to produce seats for passenger vehicles. The greenfield facility is expected to start commercial operations by the fourth quarter of fiscal 2028. Uno Minda said the project marks its commercial entry into the assembly of full passenger-vehicle seating systems. The plant will ...
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    Eni invests $225 million in EnergyX's Chile lithium project
    Eni will make a $225 million strategic investment in EnergyX's Project Black Giant lithium development in northern Chile, gaining rights to up to about 25% of future production. The project is planned to produce up to 52,500 metric tons of lithium carbonate per year across its first two phases, with potential expansion through additional phases. EnergyX said it also has secured other strategic offtake agreements tied to future output. Total capital expenditure is estimated at just below $1...
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    Spain presents Gotion battery project with more than €940 million investment
    Spain presented a Gotion battery project in Valladolid involving more than €940 million of investment and €138 million in public aid. Industry and Tourism Minister Jordi Hereu and Transport and Sustainable Mobility Minister Óscar Puente said the project would develop batteries for electric vehicles and strengthen Castilla y León's role in sustainable mobility. The aid comes from the PERTE Electric and Connected Vehicle program. The government said the project is expected to create th...
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    ORLEN opens first German multibay fast-charging hub
    ORLEN opened its first ORLEN Charge multibay fast-charging hub in Germany, a 16-charger site on the A23 motorway in Elmshorn near Hamburg. The hub, located near ORLEN Deutschland's headquarters, has 16 covered charging bays, each rated at 400 kW, matching the capacity of ORLEN Charge hubs in Poland. Rooftop photovoltaic panels support the site's energy supply from renewable sources. The facility also includes toilets, seating areas, vacuum cleaners and tire inflators, as well as a self-ser...
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    Tata Technologies expands strategic collaboration with Tenneco
    Tata Technologies has reached an agreement to expand partnership with Tenneco. Under the expanded agreement, Tenneco is expected to invest more than $100 million over the next five years to accelerate engineering innovation, digital transformation and AI-led mobility solutions, further strengthening Tata Technologies' position as a key engineering partner for the global automotive industry. “This next phase builds on the strong foundation we’ve established with Tata Technologies and refle...
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    Hyundai Motor Group plans $27.5B investment in South Korea's Yeongnam region
    Hyundai Motor Group plans to invest 42 trillion won ($27.5 billion) in South Korea's Yeongnam region over 10 years, beginning this year, to build an advanced industry hub. The group signed a memorandum of understanding on the investments with the Ministry of Finance and Economy, Ministry of Science and ICT, Ministry of Trade, Industry and Resources, Ministry of Planning and Budget, and local authorities from Busan, Daegu, Ulsan, Gyeongnam Province and Gyeongbuk Province during a government co...
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    Spain approves over €104M for installing EV charging infrastructure
    Spain's Ministry for Ecological Transition and the Demographic Challenge has approved an additional €104.8 million for electric vehicle (EV) charging corridors and corporate fleet electrification. The funding, drawn from the Recovery, Transformation and Resilience Plan and financed with NextGenEU funds, was awarded through final resolutions for the MOVES Charging Corridors and MOVES Fleets Plus programs. The programs are managed by the Institute for Energy Diversification and Saving. MOV...
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    CATL takes strategic stake in CarbonScape to scale bio-based graphite technology
    Contemporary Amperex Technology Co. Ltd. (CATL) has taken a strategic stake in CarbonScape Ltd. and will help scale the New Zealand-founded company's bio-based graphite technology for battery anodes. The partnership gives CATL board representation and makes it an industrialization partner for CarbonScape as the company works to commercialize graphite made from forestry by-products. Lochpine Capital also invested and is now a strategic shareholder, alongside existing strategic shareholder Stor...
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    Valeo completes €45 million modernization of lighting plant in France
    Valeo is finalizing a major modernization program at its automotive lighting facility in Angers, France, reinforcing the site’s role as a key center for advanced lighting technologies. The initiative, carried out between 2023 and 2026, represents an investment of more than €45 million and supports the company’s Elevate 2028 strategic growth plan. The French supplier is enhancing the plant’s ability to produce increasingly sophisticated lighting systems that improve vehicle safety, sty...
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    Benteler Group opens new manufacturing plant in Morocco
    Benteler Group has inaugurated a new manufacturing facility in Kenitra, Morocco, strengthening its presence in the region and supporting its global growth strategy. Located in the Atlantic Free Zone, the plant begins operations just one year after its groundbreaking. The project is expected to create more than 300 direct jobs while generating additional employment opportunities across the local supply chain. From 2026, the Kenitra facility will produce a range of chassis and safety components...
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