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Automotive News and Insights

Stay ahead of the curve with AutoTechInsight's daily automotive news and insights, offering a fresh and succinct yet insightful perspective on the latest trends and developments as they emerge in the automotive industry. Our dedicated Automotive Supply Chain and Technology team tirelessly sources and aggregates the most relevant news on technology, supply chain, and OEM strategy. But that's not all - we go the extra mile to analyze their significance and contextualize them with the help of our original research and forecasts.

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Latest assets for Automotive News and Insights

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...
News
Tessolve joins eSync Alliance to accelerate software-defined connected vehicle solutions
Tessolve has aligned strategically with eSync Alliance to enhance its offerings in software-defined connected vehicles, particularly through its Tessolve Edge HPC gateway (TERA), TCU cluster and onboard diagnostic solutions aimed at original equipment manufacturers and tier 1 suppliers. This collaboration underscores Tessolve's commitment to innovation in the development of next-generation, connected, secure and software-defined vehicles through its comprehensive automotive and internet of thing...
News
Ooono introduces 'no-distraction' speed camera alert system to fleet sector
The Co-Driver No2 alert system, developed by Danish firm Ooono, is now available to UK fleets. It provides a "no-distraction" method to warn drivers of road hazards, police presence and safety cameras. The device, which was already popular across continental Europe, aims to enhance road safety in the UK by allowing drivers to share traffic information with just a single click, eliminating the need for touchscreen interaction. This is particularly relevant given a study by Transport Research...
News
Car IQ introduces feature to bypass high-cost fueling stations
Vehicle-based payment services provider Car IQ has introduced Station Controls, a new capability within its Car IQ Pay platform that provides fleets with real-time visibility and control over fuel expenses. The feature automatically blocks high-cost stations and directs drivers to more affordable fueling options nearby. Car IQ’s analysis of hundreds of thousands of fleet transactions found that drivers choose higher-priced fuel stations nearly 20% of the time, adding up to 36 cents per ga...
News
Axent Capital Partners acquires German automotive interior parts supplier Eissmann Group
Axent Capital Partners has acquired the Germany-based automotive interior supplier, Eissmann Group. Eissmann supplies nearly all luxury car brands, including Rolls-Royce, Bentley, Lamborghini, Bugatti, Aston Martin, Porsche and high-end models from Mercedes, BMW and Audi. The company’s core expertise is the high-quality manufacturing of leather and textile materials for seat upholstery and interior components such as gear knobs, storage compartments and armrests.  The acquisition speci...
News
BYD announces recall of over 115,000 vehicles due to design and battery issues
BYD is recalling over 115,000 Tang series and Yuan Pro vehicles produced between 2015 and 2022, Reuters reported Oct. 17. The recall follows the identification of design defects and battery-related safety risks, as confirmed by China's market regulator, the State Administration for Market Regulation (SAMR). BYD has submitted a recall plan with the SAMR, aiming to address 44,535 Tang series vehicles manufactured from March 2015 to July 2017. These vehicles have been found to possess specific c...
News
Stellantis' Michigan plant halts production due to aluminum shortage caused by fire at Novelis' hot mill factory in New York
Stellantis' Warren Truck Assembly Plant in Michigan has halted production for at least three weeks due to a shortage of aluminum caused by a fire at Novelis Inc.'s Oswego plant in New York, The Detroit News reported Oct. 16, citing a local United Auto Workers union official. The fire occurred Sept. 16, impacting the supply of aluminum, which is a critical material for producing Jeep Wagoneer and Grand Wagoneer full-size SUVs. Eric Graham, president of UAW Local 140, which represents the worke...
News
Niron magnetics partners with Stellantis for rare-earth-free electric motor technology
Niron Magnetics has announced a collaboration with Stellantis to develop a new generation of electric motor designs that utilize magnets free of rare-earth elements. Based on Niron's iron nitride magnet technology, the initiative aims to reduce reliance on foreign supply chains that dominate the rare-earth market. This project is supported by Stellantis Ventures' strategic investment in Niron Magnetics in 2023 and has received $2.7 million in funding from the US Energy Department's Advan...
News
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...
Insights
“Our EV charger financing program aims to preserve cash flow for businesses”: XCharge North America
  Traditionally, financing EV charging equipment has been difficult and an entry barrier for small businesses. XCharge plans to address this with its new financing program. XCharge’s leasing program aims to significantly cut the upfront installation costs of a DC charger, thereby helping to preserve much-needed cash flows for businesses. Sustained subsidies can often hurt, not help, businesses in the mid-to-long term. Tariffs applied on a product hurt everyone in the supply ch...
Insights
Wider penetration of silicon anode technology in light vehicles will likely accelerate over the next 3 to 7 years: Rick Luebbe, CEO, Group14
Among the several advanced battery technologies that are under development, Silicon anode technology is keenly followed. Silicon anodes could substantially increase battery energy density and charging speed compared to traditional graphite anodes, making them vital for next-generation electric vehicles. S&P Global Mobility spoke with Rick Luebbe, CEO and co-founder of Group14 Technologies, a fast-emerging company in this space, to understand more about the technology, its prospects and chall...
Insights
Battery with our anode chemistry can deliver up to 4,000 cycles at 100% depth of discharge: Ramesh Narasimhan, EVP and Chief Commercial Officer, Nyobolt
S&P Global Mobility: Please tell us about Nyobolt and how it came into being from a university campus? Ramesh Narasimhan: Nyobolt has two co-founders — Claire Grey, who is a known scientist in the material science area, she's a Dame, and Sai Shivareddy, who has a PhD from the University of Cambridge. They came across this exciting opportunity in the material science domain, and set up this startup, which was spun off from the University of Cambridge. The university too, was involved in ...
Insights
Hydrogen mobility: A rougher road than anticipated
Once heralded as a promising alternative to battery-electric vehicles (BEVs), hydrogen-powered mobility now finds itself at a crossroads, grappling with infrastructural bottlenecks, economic impracticalities, and a highly niche market, especially in the light vehicle segment. General Motors’(GM) recent announcement  to discontinue hydrogen fuel cell development, along with Stellantis’ recent decision to shelve its hydrogen fuel cell program and the liquidation of HYVIA - a joint venture...
Insights
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...
Insights
Front center airbag: A critical addition to ensure occupant safety in vehicles
Over the years, automakers have increased the number of airbags offered in vehicles to improve occupant safety. Apart from driver and front seat passenger airbags — also called dual airbags and offered in most vehicles — automakers equip new vehicles with side airbags, curtain airbags, knee airbags, front center airbags, and front seat cushion airbags. Each airbag offered in a vehicle is designed to play a critical role in protecting occupants during a crash. For example, while ...
Insights
“Our EV charger financing program aims to preserve cash flow for businesses”: XCharge North America
  Traditionally, financing EV charging equipment has been difficult and an entry barrier for small businesses. XCharge plans to address this with its new financing program. XCharge’s leasing program aims to significantly cut the upfront installation costs of a DC charger, thereby helping to preserve much-needed cash flows for businesses. Sustained subsidies can often hurt, not help, businesses in the mid-to-long term. Tariffs applied on a product hurt everyone in the supply ch...
Insights

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