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    2026 Automotive Supplier Outlook
    In the wake of another tumultuous year for the global automotive industry, this report provides unfiltered insights directly from the front lines. S&P Global Mobility’s Matthew Beecham engaged with 59 senior executives from across the automotive supply chain to capture their experiences and strategies. Now in its third year, this comprehensive end-of-year analysis outlines the operational and strategic challenges suppliers faced in 2025 and how they are preparing for 2026. The suppliers...
    Insights
    2026 Automotive Analyst Outlook
    S&P Global Mobility’s 2026 Automotive Analyst Outlook presents a comprehensive collection of insights, reflections and forward-looking perspectives from our team of analysts. Drawing on a year marked by volatility, innovation and adaptation, our experts examine how the global automotive industry navigated the challenges and opportunities of 2025 — from supply chain disruptions and regulatory shifts to the evolving landscape of electrification, connectivity and consumer preferences. Throu...
    Insights
    AI in automotive manufacturing: Promise, payoff and the problem of scale
    Artificial intelligence has become one of the automotive industry’s buzzwords. It appears in earnings calls, factory tours and investor decks with near-compulsive frequency. Automakers promise smarter factories, fewer defects and lower costs, all delivered by algorithms quietly optimizing production in the background. The reality, however, is more prosaic. AI has proved very useful in specific, tightly bound applications. What it has not yet delivered is the sweeping transformation often impli...
    Insights
    Tariffs, tech and torque: What’s driving — and slowing — vehicle lightweighting
    For decades, automakers have sought ways to shed vehicle weight — from early aluminum and high-strength steel use to modern composites — but electrification, with heavy battery packs, has put lightweighting under the spotlight. Reducing mass improves performance, efficiency and range while helping to meet tightening emissions standards. Today, manufacturers are exploring a broad palette of materials — magnesium alloys, advanced steels, aluminum, carbon-fiber and bio-based composites and th...
    Insights
    Dauch Corp. completes acquisition of Dowlais Group including GKN Automotive and Powder Metallurgy
    Dauch Corp. has announced the completion of its acquisition of Dowlais Group, including its subsidiaries GKN Automotive and GKN Powder Metallurgy. David C. Dauch, chairman and CEO of Dauch Corp., described this acquisition as a transformative event for both companies. The combined entity aims to become a leading driveline and metal-forming supplier in the global automotive industry, with a focus on meeting current demands and advancing into future propulsion technologies. Following ...
    News
    Adient reports net loss of $22 million in Q1 FY'2025/26 despite improved sales
    Adient’s net sales increased 4.3% year over year to $3.6 billion in the first quarter of the fiscal year 2025/26, ended Dec. 31, 2025. Despite higher sales, the US-based seating supplier recorded a 12.8% year-over-year decline in income before income taxes to $41 million. The company also reported a net loss of $22 million after hitting break-even in the first quarter of the previous fiscal year 2024/25. Sales improved in all three key markets of the Americas; Europe, the Middle East and Af...
    News
    Canadian government to rework EV strategy and reintroduce incentives
    The Canadian federal government is expected to announce a shift in its national automotive strategy, moving away from the electric vehicle mandate toward new fuel-efficiency standards and credits, as reported by CBC News. Alongside this change, the government is expected to reintroduce popular incentives for consumers purchasing EVs. According to sources, the new emissions standards will still require a significant number of EVs by 2035, deviating from the previous mandate that set incrementa...
    News
    CATL begins deploying sodium-ion batteries in Changan’s electric cars
    CATL has started deploying its sodium-ion batteries in production-ready passenger vehicles, aiming to establish a leading position in developing more sustainable batteries. Together with Changan Automobile, CATL has introduced a sodium-ion battery-powered vehicle in Yakshi, Hulunbuir, Inner Mongolia, targeting a mid-2026 market launch. This is the world's first mass-produced passenger vehicle with sodium-ion batteries, although previous announcements by other Chinese automakers did not lead to l...
    News
    Cox Automotive and UVeye launch AI vehicle inspection technology for dealers
    Cox Automotive's vAuto has integrated with AI inspection specialist UVeye to enhance vehicle inspections within dealership workflows. This integration, operational at select dealerships such as Brickell Chrysler Dodge Jeep Ram in Miami, utilizes UVeye's high-speed scanners to quickly gather data on a vehicle's exterior, underbody and tire conditions. The data is then seamlessly integrated into vAuto's appraisal and inventory systems, allowing dealers to assess trade-ins more efficiently whi...
    News
    Foxconn opens EV technology R&D center in mainland China
    Taiwanese technology company Foxconn has started operations at its new research and development center focused on electric vehicles and associated technologies in Zhengzhou, located in mainland China. The local government announced that the facility is positioned close to BYD's factory in Zhengzhou and will concentrate on advancements in next-generation electric and electrical architecture, as well as smart driving technology. Li Guangyao, the general manager of a Henan, mainland China-bas...
    News
    Hankook Tire & Technology’s 2025 sales more than doubles to $14.7 billion after first time consolidation of Hanon Systems
    Hankook Tire & Technology, a company of South Korea-based Hankook & Company Group, reported sales of 21.2 trillion won (nearly $14.7 billion) in the financial year ended Dec. 31, 2025, more than double the 9.4 trillion won realized in 2024. The company recorded higher sales as it consolidated Hanon Systems' financial results from the first quarter of 2025. Hankook acquired the South Korea-based automotive thermal solutions supplier in 2024. Despite robust growth in sales, operating profi...
    News
    Karma Automotive and Factorial partner to launch solid-state battery production in the US
    Karma Automotive Inc. and Factorial Inc. have announced a partnership to launch the first solid-state battery production program in the US for passenger vehicles. This collaboration intends to incorporate Factorial's FEST solid-state battery technology into Karma's future vehicle platform, starting with the all-electric Karma Kaveya super coupe, which boasts over 1,000hp and a top speed exceeding 200 mph. The Kaveya is expected to be introduced to the US market by late 2027. The par...
    News
    Microchip Technology partners with Hyundai Motor Group for advanced in-vehicle network solutions
    Microchip Technology has announced a collaboration with Hyundai Motor Group to explore the use of advanced in-vehicle network solutions based on the 10BASE-T1S Single Pair Ethernet (SPE) technology. This partnership aims to develop more efficient and scalable vehicle architectures to meet the evolving demands of future mobility. The need for high-performance in-vehicle networks is driven by the rapid advancement of advanced driver assistance systems and connected vehicle features. SPE serves as ...
    News
    Mitra EV raises $27 million to scale capital efficient fleet electrification
    Mitra EV, a commercial fleet electrification platform, has secured $27 million in new funding. The newly raised funds consist of equity funding from lead investor Ultra Capital and a credit facility from S2G Investments. This funding will support Mitra EV's expansion as fleet operators increasingly demand cost-efficient electrification solutions amid tightening capital markets and a broader industry pullback from electric vehicles. Mitra EV provides a fully managed electrification model th...
    News
    QNX and HaleyTek power software-defined audio in new Volvo EX60
    BlackBerry's QNX division and HaleyTek have partnered to introduce a fully software-defined audio (SDA) system in the upcoming Volvo EX60 electric sport utility vehicle. This initiative is part of Volvo Cars' Superset tech stack strategy, aimed at transitioning vehicle functions from hardware-centric to software-driven architectures, beginning with the EX60's SPA3 infotainment platform. Unlike traditional audio systems with dedicated digital signal processors in amplifiers, the new SDA system ce...
    News
    Qualcomm reports Q1 2026 revenue at $12.25 billion, rises 5% YOY
    Qualcomm Inc. reported its first quarter fiscal year 2026 revenue of $12.25 billion, representing a 5% year-over-year increase from $11.67 billion in the first quarter of fiscal year 2025. The company’s QCT Automotive segment delivered record quarterly revenue of $1.1 billion, marking a 15% year-over-year growth. Qualcomm also reported net income of $3 billion for the quarter. The company expects its second-quarter fiscal year 2026 revenue to range from $10.2 billion to $11.0 billion...
    Briefing
    QuantumScape unveils new Eagle Line at San Jose facility for battery production
    QuantumScape Corp. announced the inauguration of its newly installed Eagle Line at its San Jose, California, facility. The event was attended by automotive original equipment manufacturer customers, ecosystem partners and government officials, and included a tour of the Eagle Line. The Eagle Line comprises equipment, materials and automated processes forming the production blueprint for QuantumScape's technology. It utilizes the Cobra process, a scalable method for producing the QuantumScape sep...
    News
    Svolt’s Dragon Armor 3.0 battery achieves fire and electricity separation to control thermal runaway
    Svolt Energy has introduced its Dragon Armor 3.0 battery, designed to achieve fire and electricity separation, which physically separates the terminals from the pressure relief channels. This design ensures that in the event of thermal runaway, flames are expelled directionally away from the vehicle's passenger area. The separation is achieved by placing the positive terminal on one side and the pressure relief channel on the opposite, each with distinct paths to prevent fire from reaching th...
    News
    TotalEnergies partners with Tikehau Capital to develop EV charging in Belgium and Netherlands
    TotalEnergies and Tikehau Capital have announced the establishment of a joint investment platform to advance the development of electric vehicle charging infrastructure in urban public spaces across Belgium and the Netherlands. This collaboration is intended to assist municipal authorities in transitioning to EVs and to bolster TotalEnergies' presence in the public charging sector within the Benelux region. The platform is equally owned by TotalEnergies and Tikehau Capital, focusing on c...
    News
    Valeo and Anritsu collaborate to accelerate digital twin validation for SDVs
    Valeo and Anritsu have announced a collaboration to develop virtual validation capabilities for software-defined vehicles. This endeavor aims to transform software development within vehicle domains, such as the telematics unit, to create a more cost-effective and forward-looking process. A live demonstration of their work will be presented at MWC2026 in Barcelona. The automotive industry is transitioning toward in-vehicle software-defined architectures, emphasizing the importance of cellular co...
    News
    VeriSilicon unveils enhanced ISP8200-FS series for advanced automotive camera systems
    VeriSilicon has announced enhanced versions of its image signal processing (ISP) IP ISP8200-FS series, namely ISP8200-ES and ISP8200L-ES, which offer improved performance and energy efficiency for complex automotive camera systems. These enhancements have achieved ISO 26262 ASIL-B functional safety certifications from TÜV NORD, underscoring their reliability for advanced driver assistance systems and autonomous driving applications. The enhanced ISP8200-FS series IP can operate up to 1.2 G...
    News
    Waymo expands driverless taxi services to Sacramento with California DMV approval
    Waymo has announced its plans to expand its driverless taxi services into Sacramento, California, although an official start date for operations has not been provided. The expansion is facilitated by the recent approval from the California Department of Motor Vehicles that permits Waymo to operate its robo-taxis in more regions throughout the state, including Solano, Yolo and Sacramento counties. Waymo's decision to move into Sacramento aligns with the city's innovative spirit and its growi...
    News
    Aisin’s nine-month FY'2025/26 revenue rises 4.6% year over year to $24.1 billion
    Aisin reported a 4.6% year-over-year increase in revenue to ¥3.8 trillion (nearly $24.1 billion) in the first nine months of fiscal year 2025/26, ended Dec. 31, 2025. Higher revenue helped the Japanese supplier record 34.8% year-over-year growth in operating profit to ¥156.3 billion, while net profit more than doubled to ¥107.4 billion. The company recorded higher revenue in Japan, North America, the Association of Southeast Asian Nations, and India, which was partially offset by a dr...
    News
    Heilind Electronics adds Molex high-speed FAKRA-mini system to automotive connectivity solutions
    Heilind Electronics has announced the addition of the Molex High-Speed FAKRA-Mini (HFM) Interconnect System to its portfolio of automotive connectivity solutions. This system is designed to meet the growing demands of modern vehicle electronics by providing high-speed transmission of up to 28 Gbps and frequencies up to 20 GHz, all within a compact form factor well-suited to space-constrained automotive architectures. As vehicles increasingly integrate sensors, cameras and other electronic module...
    News
    Honda partners with Mythic to develop AI-enhanced system-on-a-chip for software-defined vehicles
    Honda Motor has announced a collaboration with Mythic, a technology company based in Texas, US, to codevelop a system-on-a-chip (SoC) for Honda's software-defined vehicles (SDVs). Honda has invested in Mythic due to its original technologies and proven expertise in enhancing the computing performance and energy efficiency of AI used in automated driving and other vehicle features. Specifically, Honda R&D., the research and development subsidiary of Honda, will partner with Mythic in the deve...
    News
    Hesai Technology partners with Grab for lidar distribution in Southeast Asia
    Hesai Technology has announced a strategic cooperation with Grab, making Grab the exclusive distributor of Hesai's lidar products in Southeast Asia. This partnership will enable Grab to manage sales, customer support and marketing of Hesai's sensors throughout the region. By leveraging Grab's resources and established distribution networks, Hesai aims to increase the availability of its lidar sensors for various applications, including robotic solutions and autonomous systems. This collaboration...
    News
    Texas Instruments to acquire Silicon Labs for $7.5B to enhance embedded wireless connectivity solutions
    Texas Instruments, a global semiconductor company, has announced a definitive agreement to acquire Silicon Labs, known for its secure, intelligent wireless technology, for $231.00 per share in an all-cash transaction, valued at approximately $7.5 billion. This acquisition aims to enhance Texas Instruments' capabilities in embedded wireless connectivity solutions by integrating Silicon Labs' mixed-signal solutions with its own analog and embedded processing technology. The merger will leverage...
    News
    Mainland China bans Tesla-style hidden car door handles
    Mainland China has become the first country to formally restrict hidden car door handles, moving to address growing safety concerns around a design trend popularized by Tesla and widely adopted across the electric vehicle industry. The Ministry of Industry and Information Technology (MIIT), which oversees China’s automotive sector, announced that carmakers will be required to fit clearly visible door handles with mechanical release mechanisms on every door. The new rule moves away from reli...
    News
    Aisin to invest $200 million to expand production in India
    Aisin Corp. and its Indian subsidiary Aisin Automotive Haryana Private Ltd. (AHL) plan to expand AHL's current plant and construct a new facility in Maharashtra, India, to grow their business in India's rapidly expanding market. The total investment for these projects is about ¥32 billion (about $200 million). Since initiating production in India in the 1990s, Aisin has enhanced its manufacturing capabilities to align with market trends and customer demands, producing and selling a variety of p...
    News
    Nissan partners with TuneIn for infotainment offerings in the US
    Nissan has announced a collaboration with Stingray subsidiary TuneIn to bring TuneIn’s extensive lineup of radio stations and podcasts to select Nissan and Infiniti vehicles in the US. Through this collaboration, drivers gain seamless access to TuneIn’s broad audio catalog — including live sports, breaking news, curated music, millions of podcasts, and tens of thousands of radio stations — directly within the vehicle. The service will be available in Nissan and Infiniti models eq...
    News
    Ford and Geely are in talks to collaborate on manufacturing and technology
    Ford Motor and Geely Auto are in discussions about a potential partnership to share the costs of technology and manufacturing. Geely may use Ford's European factory to produce vehicles for the European market, according to a Reuters report. Additionally, the companies are considering a framework for sharing automotive technologies, including autonomous driving. Progress on the European manufacturing negotiations appears to be smoother, with Ford's plant in Valencia, Spain, likely being con...
    News
    Orion Energy to invest $4 million to install 105 EV charging stations in Boston, US
    Orion Energy Systems Inc., known for providing energy-efficient and electric vehicle charging solutions, has announced a significant project involving the installation of 105 EV charging stations and infrastructure in the Boston Public School (BPS) system. This contract is valued at $4 million. The installation is being carried out by Orion's Voltrek division at the Freeport Bus Yard, operated by BPS, a major client and one of the prominent school districts in the US. The newly installed unit...
    News
    BMW commences preproduction of new i3 models in Munich
    The BMW Group plant in Munich has begun producing pre-series vehicles of the new BMW i3, marking the next phase of preparation for series production, which is set to commence in the second half of 2026. Peter Weber, head of the BMW Group Plant Munich, highlighted this as a significant milestone, as it marks the first time a BMW i3 has been manufactured entirely within the plant using advanced production technology and digitally connected processes. This near-series production phase al...
    News
    GTV and TactoTek announce technology licensing partnership for integrating in-mold structural electronics technology
    Global Technology Ventures (GTV) and TactoTek have signed a technology licensing partnership to incorporate in-mold structural electronics (IMSE) technology into GTV's customer programs. The collaboration merges GTV's expertise in hybrid design, engineering and manufacturing with TactoTek's IMSE technology, which integrates electronic functions directly into 3D injection-molded surfaces. This technology aims to create smart, lightweight designs that do not compromise performance or design qualit...
    News
    Lear reports Q4 and full-year 2025 results; issues 2026 outlook
    On Feb. 4, Lear Corp. reported financial results for the fourth quarter and full year ended Dec. 31, 2025. In the fourth quarter, the US-based supplier of seats and electrical systems (E-Systems) recorded a 5% year-over-year increase in net sales to $6 billion. Higher sales were supported by new business across both segments — Seating and E-Systems — and commercial recoveries, but were partly offset by lower production on key platforms. The company recorded core operating earnings of $259 mi...
    Briefing
    Toyota Boshoku’s FY 2025/26 nine-month revenue rises 4.1% year over year to $1.8 billion
    Toyota Boshoku’s revenue increased 4.1% year over year to ¥1.5 trillion (nearly $1.8 billion) in the first nine months of fiscal year 2025/26, ended Dec. 31, 2025. Higher revenue helped the Japan-based automotive supplier of seats, interior parts and exterior systems record 15.8% year-over-year growth in operating income to ¥60.2 billion and 18.4% year-over-year growth in profit before taxes to ¥65.4 billion. Toyota Boshoku concluded the nine-month period with a 1.2% year-over-year increase...
    News
    NHTSA initiates full investigation into 1.3 million Ford F-150 pickups due to reported transmission issues
    The US National Highway Traffic Safety Administration (NHTSA) has initiated a full investigation into nearly 1.3 million Ford F-150 pickups due to reported transmission issues. The federal vehicle safety agency began an initial probe in March 2025 but upgraded it following complaints from over 60% of surveyed owners. The investigation targets 2015–2017 models, specifically focusing on those with the 6R80 transmission. Owners reported incidents of sudden downshifts to lower gears without war...
    News
    Varroc Engineering secures contract to supply EV chargers to global OEM
    Varroc Engineering has secured a contract with a prominent global electric vehicle original equipment manufacturer to supply alternating current bidirectional wall chargers, marking a significant advancement in its electric mobility offerings. The partnership is projected to last six years, with an expected peak annual business value of 4.3 billion rupees (approximately $48 million). The chargers, compliant with Energy Star standards, will be produced at Varroc's facility in Romania, which wi...
    News
    Toyota and Lexus integrate NACS in EV models, enhancing charging options for drivers
    Toyota and Lexus are integrating the North American Charging System (NACS) into their electric vehicle models, allowing 2023–2025 Toyota bZ4X and Lexus RZ drivers to use NACS direct current fast chargers via an adapter. The initiative arose from Toyota's commitment to customer needs and the industry's shift toward the NACS standard, which was adopted as an official Society of Automotive Engineers standard in 2024. Rather than using existing market products, Toyota developed its own e...
    News
    AMG Critical Materials plans lithium highway to reduce reliance on mainland China
    AMG Critical Materials, a Dutch miner and lithium supplier, aims to reduce its dependence on mainland China by processing battery-grade lithium for electric vehicles in Brazil, Portugal and Germany. Michael Connor, the head of development at AMG, stated that the company plans to create a lithium highway connecting these three countries to bypass mainland China's monopoly on lithium processing. The goal is to establish a Western processing capacity in Brazil and Portugal to provide this expertise...
    News
    Milepost AB expands EV charging services in Norrköping with municipal collaboration
    Milepost AB, recognized as Sweden's first independent electric vehicle charging operator specializing in everyday charging, has commenced its EV charging services in Norrköping, Sweden, through a partnership with Norrköping Municipality. In 2025, following a comprehensive evaluation, Milepost was appointed by Norrköping Municipality to deploy its EV charging stations across multiple sites, with the first site now operational and additional sites planned for establishment throughout 2026....
    News
    KPIT launches Vehicle Relationship Management solution on Salesforce CRM platform
    KPIT Technologies has announced a strategic Outsourcing Service Provider (OSP) partnership with Salesforce. Under this collaboration, KPIT will deploy its proven Vehicle Relationship Management (VRM) solution on Salesforce’s secure, scalable and AI-driven customer relationship management (CRM) platform — helping automotive original equipment manufacturers and mobility providers deliver measurable business outcomes across the aftersales value chain. Across passenger vehicles, commercial tr...
    News
    Vodafone IoT to provide connectivity for Hyundai cars across the Middle East
    Vodafone IoT has secured a deal to provide in-car connectivity for Hyundai vehicles sold in Bahrain, Saudi Arabia, Kuwait, Qatar and the United Arab Emirates. This agreement includes Hyundai, Kia and Genesis cars, ensuring they meet local regulatory requirements for connectivity in each country. Vodafone IoT will offer local network access and compliance with national data and telecom regulations. The service will utilize Vodafone IoT's Global SIM+ technology, which allows a single SIM to fun...
    News
    Waymo secures $16 billion to scale robo-taxi fleet globally
    Waymo has secured a $16 billion investment round, resulting in a post-money valuation of $126 billion. This milestone signifies the growing scale of autonomous mobility, with Waymo at the forefront. The financing was spearheaded by Dragoneer Investment Group, DST Global and Sequoia Capital, and included participation from Andreessen Horowitz, Mubadala Capital, Bessemer Venture Partners, Silver Lake, Tiger Global and T. Rowe Price, among others.  Waymo's safety performance is impressive, ...
    News
    Ecarx debuts preproduction sample of Zenith computing platform
    Mobility technology provider Ecarx Holdings introduced a preproduction sample of its innovative Zenith computing platform at the Consumer Electronics Show (CES) 2026, held recently in Las Vegas. This new platform, designed in collaboration with Qualcomm Technologies, utilizes the Snapdragon Elite SA8797 platform for automotive and offers an integrated high-performance intelligent cockpit and advanced driver assistance system architecture. The platform supports Android 16, Google Automotive Servi...
    News
    NXP reports FY 2025 revenue at $12.27 billion, down 3% YOY
    NXP Semiconductors reported its fiscal year 2025 revenue at $12.27 billion, marking a 3% year-over-year decline from $12.67 billion in the previous year. The company posted net income of $3.0 billion for the year. In the fourth quarter, NXP recorded a 7% year-over-year increase in revenue, totaling $3.34 billion.  Automotive remained the core growth pillar, generating $7.1 billion in revenue in 2025, and NXP targets expanding its automotive business to $9.5 billion by 2027, underscoring ...
    Briefing
    STMicroelectronics completes acquisition of NXP's micro-electromechanical systems sensors business
    STMicroelectronics has finalized its acquisition of NXP Semiconductors' micro-electromechanical systems (MEMS) sensors business, a deal first announced in July 2025, which has now gained full regulatory approval. This acquisition enhances STMicroelectronics' global capabilities in automotive safety products and industrial application sensors. The company anticipates that this acquired business will contribute in the mid-40 million dollar range to its revenue in the first quarter of 2026. The tra...
    News
    Infineon acquires non-optical sensor portfolio from ams OSRAM for €570 million
    Infineon Technologies has entered into an agreement to acquire ams OSRAM's non-optical analog and mixed-signal sensor portfolio, valued at €570 million. This acquisition aims to fortify Infineon's presence in the automotive, industrial and medical sensor markets. The deal, set to close in the second quarter of 2026, involves taking over a fabless sensor business, including products, intellectual property, research and development capabilities, and necessary equipment. It also involves the tran...
    News
    Diodes Inc. unveils automotive-compliant MIPI D-PHY ReDriver for enhanced ADAS performance
    Diodes Inc. has announced the release of the automotive-compliant PI2MEQX2505Q, a 1.8-V, 2.5-Gbps MIPI D-PHY ReDriver with four differential data lanes and one clock lane. This device is designed for the MIPI D-PHY 1.2 protocol and regenerates D-PHY signaling in channels involving printed circuit board (PCB) traces, connectors and cables to ensure optimal electrical performance from CSI-2/DSI sources to sinks, compensating for frequency loss. The PI2MEQX2505Q supports data rates up to 2.5 Gbps, ...
    News
    Indian supplier association ACMA welcomes bilateral trade deal reached between India and US
    On Feb. 2, India and the US finalized the long-awaited bilateral trade deal after nearly a year of prolonged negotiations and multiple rounds of talks. The agreement will see the US reduce import tariffs on Indian goods to 18% from 50% currently, providing relief to Indian exporters. In return, India will reduce tariffs and nontariff barriers on US goods to zero. In addition, India has agreed to purchase more than $500 billion worth of US energy, technolog...
    News
    DENSO reports 3.9% YOY growth in nine-month FY'25/26 revenue; operating profit down 6.4%
    DENSO has announced financial results for the nine-month period ending Dec. 31, 2025, reporting a 3.9% year-over-year increase in consolidated revenue to ¥5.5 trillion (about $35.2 billion). Despite higher revenue, the Japan-based company recorded a 6.4% year-over-year decline in consolidated operating profit to ¥375.9 billion and a 12.5% year-over-year drop in consolidated profit attributable to owners of the parent company to ¥273.7 billion. In Japan, DENSO’s r...
    News
    Stoneridge sells Control Devices business to US-based private equity firm Center Rock for $59 million
    Stoneridge has completed the sale of its Control Devices business to an affiliate of the US-based private equity firm Center Rock Capital Partners. The transaction, which closed on Jan. 30, included a base purchase price of $59 million. The divested business line offers a full range of control modules, including door, interior and chassis control modules, for various vehicle architectures and original equipment manufacturers. Stoneridge plans to use the...
    News
    Grammer reports improved operating EBIT for 2025, despite 4.2% year-over-year drop in revenue to €1.82 billion
    Grammer has released preliminary figures for its financial performance in 2025, reporting consolidated revenue of €1.82 billion, down 4.2% from €1.9 billion recorded a year earlier. Despite lower revenue, the Germany-based supplier of automotive interiors and seats reported operating earnings before interest and tax of €75.1 million, which represents a significant improvement compared to €41.6 million recorded a year earlier. The results for 2...
    News
    The Mobility House, Aral Fleet Solutions partner to deliver charging solutions for EV fleets
    The Mobility House Solutions and Aral Fleet Solutions have entered into a strategic partnership to provide comprehensive charging solutions for fleet customers in Germany, The Mobility House said Jan. 21. The partnership aims to combine the companies' strengths to meet the increasing demands of electric fleets by offering end-to-end charging solutions regardless of location. The Mobility House Solutions is slated to handle the operation and maintenance of charging infrastructure, the insta...
    News
    ZF, BMW sign long-term supply agreement on passenger car drives
    ZF Friedrichshafen AG and the BMW Group have entered into a long-term agreement focused on the development and supply of an 8-speed automatic transmission (8HP) for passenger-car drive systems. The deal, valued at several billion euros, is set to last until the late 2030s and aims to foster technology advancement and low-emission mobility for both companies. Mathias Miedreich, CEO of ZF, emphasized the importance of this partnership in promoting innovation, efficiency and sustainability wi...
    News
    Fastned plans to raise more funds, issues new bonds
    Fastned, a leading charge point operator (CPO) in Europe, has commenced a subscription for a new bond issue, with documentation available on Fastned's dedicated bonds page. The move aims to raise additional funds as Fastned continues to expand its charging network across the EU. The proceeds from these investments will be used to expand Fastned's network of fast-charging stations across both existing and new markets. This expansion is facilitated by the growing electric vehicle sales in Europ...
    News
    CES 2026: Key technology highlights in the Autonomy domain
    The first Consumer Electronics Show (CES) kicked off in 1967, with 250 exhibitors and 17,500 attendees in New York City. Since then, CES has grown by more than tenfold and now encompasses both traditional and nontraditional tech industries. CES 2026 was held in Las Vegas from Jan. 6–9, with attendance reportedly reaching 148,000 people. CES 2026 marked a clear inflection point for vehicle autonomy, shifting the narrative from long-term promise to near-term deployment. Across the show floor,...
    Insights
    CES 2026: Key technology highlights in E/E and semiconductor domain
    The first Consumer Electronics Show kicked off in 1967, with 250 exhibitors and 17,500 attendees in New York City. Since then, CES has grown more than tenfold and now encompasses both traditional and nontraditional tech industries. CES 2026 was held in Las Vegas, on Jan. 6-9, 2026, with attendance reportedly reaching 148,000. Key trends Silicon enters the 3-nanometer (nm) era: CES 2026 highlighted a decisive step change in automotive computing power, with 3-nm-class semiconductors enabl...
    Insights
    Samsung SDI revenue drops 20% YOY to 13.27 trillion won in 2025
    Samsung SDI has reported its fourth-quarter and full-year financial results for 2025. In the final quarter of 2025, the company achieved revenue of 3.86 trillion won (approximately $2.6 billion) with an operating loss of 299.2 billion won. This revenue marks a 26.4% increase quarter over quarter and a 2.8% increase year over year. The operating loss was halved from the previous quarter, indicating a gradual improvement in business performance. The annual financial summary for 2025 showed reve...
    News
    EVgo to accelerate deployment of NACS connectors to meet increasing EV demand
    EVgo Inc., a significant provider of public fast-charging infrastructure for electric vehicles, announced its plans to extend its network with the deployment of North American Charging Standard (NACS) connectors. This expansion follows a successful 2025 pilot program where EVgo installed nearly 100 NACS connectors across 22 metropolitan areas. The company aims to accelerate its rollout to exceed 500 NACS connectors by the end of 2026. These connectors will be placed at both existing and new l...
    News
    Milepost AB acquires Toveks Bil EV-charging stations in western Sweden municipalities
    Milepost AB, Sweden's first independent electric vehicle charging operator, has acquired the EV charging stations operated by Toveks Bil on municipal parking sites. Toveks Bil operates in 18 cities in western Sweden, offering wholesale services and vehicle support, and since 2022, has provided EV charging services in the municipalities of Lidköping, Sotenäs and Falköping in Sweden. Before this acquisition, Milepost had established its services in Lidköping on three sites. Under ...
    News
    Michigan demands $23.7 million back from Gotion for halted project
    Attorney General Dana Nessel's office in Michigan, US, has sent a formal demand letter to Gotion Inc. seeking the return of approximately $23.7 million in taxpayer money. This sum was used to prepare land in Big Rapids for a halted battery parts manufacturing plant project. The demand follows a letter from Michigan on Sept. 17, 2025, declaring Gotion in default of a $175 million taxpayer incentive agreement. Assistant Attorney General James A. Zeihmer mentioned in the letter that the cas...
    News
    Lucid releases software version 3.4 for Gravity owners
    With software version 3.4, Lucid Motors has introduced a broad set of refinements across vehicle access, comfort, driving intelligence and the digital experience — each designed to make every interaction with Lucid Gravity feel more intuitive, responsive and connected. Version 3.4 improves reliability and consistency across all entry and startup interactions, including: more reliable key fob detection; extended key fob battery life, with earlier and clearer low-battery alerts; and...
    News
    BMW partners with BlackBerry to integrate QNX software into next-generation vehicle platform
    BMW is partnering with BlackBerry to integrate QNX software into its next-generation vehicle platform. This agreement involves embedding BlackBerry's real-time operating system and AI capabilities into BMW's foundational vehicle architecture, enhancing BlackBerry's role in the automotive software sector and strengthening its relationship with a major automaker. This partnership underlines BlackBerry's shift from consumer hardware to a focus on safety-critical software for vehicles, leveraging fe...
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    Hyundai Mobis partners with global companies to develop holographic windshield display
    Hyundai Mobis has announced a global alliance with three companies to develop a next-generation technology that transforms a vehicle's entire windshield into a head-up display. This Quad Alliance includes Germany's Zeiss, a provider of optical technologies; Germany's tesa, a global manufacturer of adhesive solutions; and France's Saint-Gobain Sekurit, a notable automotive glass producer in Europe. Hyundai Mobis will manage the overall system design and integration of the holographic windshiel...
    News
    Hyundai and Kia introduce Vision Pulse ultra-wideband-based driver safety technology
    Hyundai Motor Co. and Kia Corp. have announced the development of Vision Pulse, a next-generation driver safety technology designed to significantly enhance road safety by precisely detecting obstacles around a vehicle in real time. The system leverages ultra-wideband (UWB) communication to accurately identify the location of nearby vehicles, cyclists and pedestrians, helping reduce the risk of collisions. Vision Pulse uses UWB modules installed in vehicles to transmit and receive signals. Wh...
    News
    The evolving landscape of cathode active materials in EVs: Balancing production capacity investments amid oversupply challenges
    Cathode active materials (CAM) form the heart of lithium-ion batteries powering the global electric vehicle boom. These high-value components determine energy density, cost, performance and safety, making CAM production a critical constraint in the supply chain. As EV adoption accelerates worldwide, the CAM market stands at a pivotal juncture. Global production capacity is projected to expand at a robust 11.5% compound annual growth rate (CAGR), surging from 6.7 million metric tons in 2025 to...
    Insights
    Bosch’s 2025 sales rise marginally to €91 billion; EBIT margin slips to 2%
    In 2025, Bosch’s sales improved marginally to €91 billion in what the company termed “an incredibly challenging financial year.” Adjusted for exchange rates, revenue grew by 4.2%. The company reported earnings before interest and taxes of €1.7 billion, resulting in an EBIT margin of about 2%, down from 3.5% achieved in 2024. Adjusted for exchange rates, the company’s revenue grew by 4.2%. Sales decreased in Europe by 0.6% year over year to €44.2 billion. However, the company rec...
    Briefing
    Bridgestone unveils Blizzak Icepeak winter tire, featuring ENLITEN technology
    Bridgestone has unveiled the Blizzak IcePeak, a new winter tire that integrates the company's ENLITEN technology and has achieved both 3-Peak Mountain Snowflake and Ice Grip certifications, a first for any Bridgestone tire. The tire, which will be launched in the US in May, is designed to replace the Blizzak WS90 and DM-V2 tires and offers improved performance for a range of vehicles, including sedans, minivans, sport utility vehicles and trucks. Offered in 107 sizes ranging from 14 to 22 inches...
    News
    TouchNetix unveils AX24A controller for touch and force sensing applications
    Norway-based supplier of advanced touch integrated circuits (ICs) and sensors TouchNetix has expanded its aXiom portfolio with the launch of the AX24A, a touch and force sensing controller designed for industrial, automotive and entertainment applications. This controller is capable of supporting button features and force sensing behind conductive surfaces, offering new design possibilities. The AX24A, housed in a compact 40-pin quad flat no lead (QFN) package, provides up to 22 touch/force butt...
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    Hyundai Mobis secures record new business orders from non-Hyundai Motor Group customers worth $9.17 billion in 2025
    In 2025, Hyundai Mobis won new business orders worth $9.17 billion from global automakers, excluding Hyundai Motor Group, which owns Hyundai Motor and Kia, surpassing its own target by 23%. This achievement was driven by substantial new orders for electrification components, an expanded supply of high-value-added electronic components, and proactive market entry into emerging economies such as mainland China and India. These results are notable given the revisions many global automakers hav...
    Briefing
    Elon Musk proposes TeraFab to secure Tesla's semiconductor supply chain
    Elon Musk, Tesla's CEO, has emphasized the need for the company to establish a TeraFab, a large-scale semiconductor manufacturing facility in the US that produces logic chips, memory and packaging. This initiative is aimed at addressing anticipated supply constraints over the next three to four years. During Tesla's earnings call on Jan. 28, Musk expressed concerns that suppliers such as TSMC, Samsung Electronics and Micron Technology are unable to meet Tesla's chip requirements. Musk ...
    News
    DSPACE and MathWorks collaborate to enhance traffic simulation with open standards integration
    DSPACE and MathWorks have enhanced their collaboration to optimize traffic simulation by integrating open standards. This partnership allows developers of autonomous driving applications to utilize road models constructed in RoadRunner directly within ASM OpenX, the latest version of dSPACE traffic models, aiming to improve efficiency and decrease development time. Thorsten Püschl, product manager at dSPACE, emphasized the capability of combining ASM OpenX with RoadRunner to enable more efficie...
    News
    Vector steps up investment in software, cloud and AI to drive future growth
    Vector is implementing a comprehensive strategic and innovation program to respond to significant changes in the software and automotive industries. The company is investing in areas crucial for the future, such as code-centric software development, cloud technologies and AI, while also enhancing its product offerings. These efforts are designed to strengthen Vector's technological base and facilitate expansion into new markets outside the automotive sector. Initial innovations have already been...
    News
    Caocao Mobility enhances Robotaxi 2.0 with Spacety's low-Earth orbit satellite technology
    Caocao Mobility, a Chinese ride-hailing platform, has announced that its Robotaxi 2.0 fleet will incorporate low-Earth orbit (LEO) satellite communication technology from Spacety, known as Shikong Daoyu. This integration includes a satellite-based SOS emergency feature that will be introduced in a future update. The initiative is part of Caocao Mobility's strategy to develop a comprehensive space-ground safety assurance system to improve the safety and reliability of its autonomous mobility serv...
    News
    Idemitsu Kosan partners with Toyota on solid electrolyte plant for EV batteries
    Japanese oil company Idemitsu Kosan has commenced construction on a large-scale solid electrolyte pilot plant in partnership with the country's largest carmaker, Toyota. The electrolytes produced will be used in all-solid-state batteries for electric vehicles developed by Toyota. This decision follows successful trials at two smaller demonstration facilities. The new plant is projected to be completed by the end of 2027, with the aim of launching EVs equipped with these batteries around 2027 ...
    News
    CATL’s new 5C battery can retain 80% capacity even after 3,000 cycles
    CATL has unveiled a new battery pack, which retains 80% of its capacity after 3,000 cycles, or approximately 1.8 million km. This battery life cycle is six times the current industry average. CATL's 5C battery was introduced in a video published Jan. 29. CATL describes this technology as a significant advancement in ultrafast-charging durability, with performance that could potentially outlast the vehicle itself. The battery reportedly maintains 80% capacity even under extreme heat of 60°...
    News
    Tesla partners energy company Copec to expand EV charging infrastructure in Chile
    Tesla and Chilean energy company Copec have announced plans to extend ultrafast electric vehicle charging infrastructure along major national highways in Chile. This initiative will deploy Tesla Superchargers at Copec service stations at approximately every 200 km from La Serena, Chile, to Puerto Montt, Chile, ensuring coverage for intercity travel. Each site will feature a Supercharger unit with four charging points, offering a total capacity of up to 250 kW, powered solely by...
    News
    AutoTechInsight Weekly - 2 February 2026
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    News
    Emobi and HeyCharge partner for retrofit solution for offline chargers
    In a groundbreaking partnership, Emobi, North America's largest electric vehicle charging roaming and JustPlug infrastructure, and HeyCharge, a Munich-based innovator in smart EV charging solutions, have announced a collaboration to retrofit offline EV chargers, connecting them to Emobi's expansive charging ecosystem across North America. This initiative promises to enhance reliability and reduce costs and complexity for operators, fleets, automakers and drivers. The partnership leverages Hey...
    News
    India mulls incentives for lithium and nickel processing to boost clean energy transition
    In a strategic move to bolster its clean energy initiatives, India is set to unveil incentives to encourage the establishment of lithium and nickel processing plants. This development, reported by sources and a government presentation reviewed by Reuters, marks a significant step in India's efforts to accelerate its energy transition and reduce emissions. The initiative comes as India seeks to enhance its capacity to process critical minerals, a domain dominated by mainland China. Lithium and...
    News
    Sharge partners with Grab to launch EV charging stations for drivers in Thailand
    Sharge, an electric vehicle charging ecosystem operator in Thailand, has partnered with Grab, the country's top ride-hailing app, to launch EV charging stations exclusively for Grab drivers. This initiative aims to promote EV adoption among ride-hailing drivers. Sharge plans to invest over 400 million baht (approximately $12.8 million) to establish 40 charging stations across Thailand by 2027. Three initial stations will be located at Suvarnabhumi Airport, Don Mueang Airport and Pat...
    News
    ABB launches its first ultrafast EV chargers in Australia
    In a landmark development for Australia's electric vehicle infrastructure, ABB has announced the installation of its first two A400 ultrafast EV chargers at the Ampol Foodary Eastern Creek Westbound site on Sydney's M4 Motorway. This initiative is part of a broader rollout of 10 EV charging bays, marking a significant milestone in Ampol's public charging network expansion. The 400-kW chargers are strategically positioned in a dedicated drive-through hub, designed to accommodate EV trucks and ...
    News
    Hyundai, Kia recall over 84,000 vehicles in US for instrument cluster display malfunction
    More than 83,000 Hyundai and Kia vehicles are being recalled in the US after a defect was discovered in their digital instrument clusters, which could cause the screens to go dark while driving. The recall spans a broad range of recent models from both automakers and stems from two closely related defects tied to the same supplier. In both recalls, the affected digital clusters were manufactured by Hyundai Mobis. While the technical explanations differ slightly between Hyundai and Kia, the ...
    News
    Kapsch TrafficCom launches EcoTrafiX mobility management platform for cities
    Kapsch TrafficCom has announced the launch of its next-generation EcoTrafiX Platform, a future-ready mobility management solution designed to modernize and unify urban traffic operations worldwide.  The EcoTrafiX Platform brings together Kapsch TrafficCom’s established technologies — including connected vehicle solutions, AI-driven insights and predictive capabilities — into a single, integrated system. By consolidating functionalities that previously spanned multiple products...
    News
    Tennessee mulls imposing tax on public EV charging stations
    The US state of Tennessee plans to approve and implement a new bill to mirror the gas tax levied in the state, according to a Jan. 20 news report by Tennessee Lookout. Once implemented, the new bill would impose a $0.03-per-kilowatt-hour tax on public charging stations. According to the news report, the tax would apply to direct current fast chargers, which have a charging capacity of 20 kW or more. Meanwhile, residential chargers and those with a charging capacity of less than 20 kW would be...
    News
    Cylib’s recycled lithium carbonate materials qualify for new EV battery production
    Cylib has successfully completed a pioneering customer project that involved producing battery-grade lithium carbonate (Li2CO3) from end-of-life nickel manganese cobalt (NMC) lithium-ion batteries, Cylib announced Jan. 29. According to the company, the newly recycled circular material has been qualified by an international battery manufacturer and is now being used to produce new electric vehicle batteries. Cylib did not disclose the name of its strategic partner for this project. “Du...
    News
    Autoliv’s FY 2025 net sales up 4.1% year over year to $10.8 billion
    Autoliv’s net sales increased 4.1% year over year to $10.8 billion in the financial year ended Dec. 31, 2025. Higher sales helped the Sweden-based automotive safety systems supplier record an 11% year-over-year growth in operating income to $1.1 billion, while income before income tax increased 13% year over year to $986 million. Autoliv concluded the financial year with net income of $736 million, up by 14% over the $648 million achieved in 2024. The company reported adjusted operating inc...
    News
    Changan deploys CATL’s sodium-ion batteries in passenger vehicles for winter testing
    CATL is reportedly now using its sodium-ion batteries in passenger vehicles, making a transition from initial use in commercial vehicles. These batteries, from CATL's sodium-ion battery brand Naxtra, have been installed in a passenger vehicle model positioned under Changan Automobile's Oshan subbrand, with winter testing scheduled to start soon. CATL's sodium-ion batteries will soon be featured in passenger vehicle models from GAC Group and Anhui Jianghuai Automobile Group Corp (JAC). CATL...
    News
    Waymo robo-taxi hits child near elementary school, prompting NHTSA investigation
    Waymo, the autonomous vehicle company owned by Alphabet, is under increased regulatory scrutiny after one of its self-driving robo-taxis struck a child near an elementary school during morning drop-off hours on Jan. 23. The child sustained minor injuries. The incident has prompted the US National Highway Traffic Safety Administration (NHTSA) to launch a formal investigation. The collision occurred just two blocks from the school, at a time when children, a crossing guard and several double-pa...
    News
    Microchip technology expands maXTouch M1 family for improved automotive touchscreens
    Microchip Technology has expanded its maXTouch M1 family of touchscreen controllers to enhance touch detection in automotive displays. This expansion includes the ATMXT3072M1-HC and ATMXT288M1 products, which accommodate a range of display sizes from widescreen formats up to 42 inches to smaller screens between 2 and 5 inches. The controllers support technologies such as organic light-emitting diodes (next-generation display technology OLEDs) and microLEDs, utilizing Microchip's proprietary Smar...
    News
    NVIDIA to power Mercedes-Benz S-Class robo-taxis
    NVIDIA will provide its DRIVE Hyperion architecture and full-stack DRIVE AV Level 4 software for the new Mercedes-Benz S-Class, specifically designed to support robo-taxi operations. These vehicles will be accessible to riders through Uber's mobility network, as part of NVIDIA's previously announced partnership with the ride-hailing company. The DRIVE Hyperion platform integrates diverse sensors, including cameras, radar and lidar, alongside redundant compute systems, with NVIDIA's Halos safety ...
    News
    Waabi completes $750 million funding round and partners with Uber for robo-taxi deployment
    Waabi has announced the completion of a $750 million Series-C funding round, which was oversubscribed and coled by Khosla Ventures and G2 Venture Partners. Additionally, Uber has provided a milestone-based future investment as part of a new partnership to deploy Waabi's robo-taxis using the Waabi Driver exclusively on the Uber platform. This funding round is the largest in Canadian history and will support the further development of Waabi's physical AI platform, enhance its commercial progress i...
    News
    Gentex Q4 sales rises 19% year over year to $644.4 million despite global challenges
    Gentex has reported its financial results for the fourth quarter and full year ending Dec. 31, 2025. In the fourth quarter, the US-based company achieved consolidated net sales of $644.4 million, up 19% year over year from $541.6 million during the same period in 2024. Voxx, which Gentex acquired in 2025, contributed $103.4 million to this revenue, with core Gentex revenue flat at $541 million. Despite a 2% year-over-year decline in global light vehicle production in North America, Europe and...
    News
    Repairify and Opus IVS collaborate to boost automotive diagnostics
    Repairify's diagnostics brands, asTech and BlueDriver, along with Opus IVS, have announced their intention to combine efforts to accelerate innovation in the automotive diagnostics industry. This merger aims to integrate complementary technologies, extensive technical expertise and a talented workforce to help repairers efficiently service complex vehicles. With the evolution of automotive technology and the growing demand for accurate diagnostics and advanced driver assistance system calibratio...
    News
    Smart Eye secures order to supply alcohol impairment detection driver monitoring system to Japanese automaker
    Smart Eye, a Sweden-based developer of driver monitoring system (DMS) software for the automotive industry, has been selected to deliver its DMS technology to two vehicle models for a Japanese vehicle manufacturer. The deal, brokered through a major tier 1 supplier, will see the technology, which includes alcohol impairment detection, enter production in 2028. The Swedish supplier estimates the initial order will generate about 50 million kronor (nearly $5.6 million) in revenue, with the po...
    News
    Forvia secures over $1 billion deal with major European automaker for North America operations
    Forvia has secured over $1 billion in new and expanded business with a major European automaker, involving products from its Seating, Interiors and Forvia Hella's Lighting business groups. The French supplier will produce these products across seven plants in the US and Mexico to support this customer's North American operations. Francois Tardif, executive vice president Americas, emphasized that these awards highlight Forvia as a reliable partner committed to advancing sustainable mobil...
    News
    Automotive lighting suppliers bracing for another challenging year in 2026
    Automotive lighting suppliers reported moderate growth in lighting system supply in 2025, driven by the recovery in light vehicle production. According to data compiled by S&P Global Mobility’s analysts, the supply of headlights and taillights each improved by 2.5% year over year to 183 million units as global light vehicle production increased 3.1% year over year to 92.2 million vehicles. Moreover, lighting suppliers also recorded 6.2% year-over-year growth in the supply of ambient light ...
    Insights
    Kandi Technologies partners with Qiji Energy for battery-swap station deployment
    Kandi Technologies Group Inc., renowned for its all-electric vehicles, has announced a new three-year strategic cooperation agreement through its subsidiary, China Battery Exchange, with Qiji Energy, which is a part of CATL. This agreement focuses on the deployment of heavy-truck battery-swap stations, encompassing mass-production projects, aftersales services and ongoing operational support. China Battery Exchange will serve as a strategic supplier to Qiji Energy, providing solutions for equ...
    News
    Beam Global secures European patent for smart phase change composite in lithium-ion batteries
    Beam Global, a company known for its sustainable infrastructure solutions in transportation and energy security, has received a European patent for its Smart Phase Change Composite (PCC) material used in lithium-ion batteries. This technology, granted by the European Patent Office, builds on Beam Global's existing US Patent No. 12,422,195, strengthening its intellectual property (IP) in Europe. The Smart PCC material acts as an intelligent thermal switch, optimizing battery temperature by ins...
    News
    BAM designs innovative core-shell anode to enhance sodium-ion battery efficiency
    Sodium-ion batteries have emerged as a promising sustainable alternative to lithium-ion batteries, yet their development has faced challenges due to high storage losses during the first charging cycle. Researchers at the Federal Institute for Materials Research and Testing of Germany (Bundesanstalt für Materialforschung und —prüfung [BAM]) have addressed these issues by designing an innovative core-shell anode that combines efficiency with high storage capacity. The problem originates fro...
    News
    Redwood Materials raises $425 million in Series-E funding
    Redwood Materials has completed the final closing of its Series-E financing round, raising a total of $425 million. The final close included ongoing participation from existing investors Capricorn and Goldman Sachs Alternatives, and introduced Google as a new investor. The increase from the previously announced $350 million is attributed to strong demand and confidence in Redwood Materials' long-term strategy and execution. This capital will be used to accelerate the company's energy storage ...
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