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    The evolving landscape of automotive startups
    The automotive industry is undergoing a profound transformation driven by rapid technological advancements. At the forefront of this evolution are mobility startups, which are pioneering innovations across domains such as software-defined vehicles (SDVs), autonomous driving and battery technologies. S&P Global Mobility recently published the "AutoTechInsight Mobility Startups Report - H1 2025," highlighting the major trends in the automotive startup ecosystem, by analyzing data from appro...
    Insights
    Ford’s bold bid for the next big thing
    How cars are built and the concept of the moving assembly line are culturally ingrained in the automotive industry. Every now and again, the automotive industry goes through phases of trying to do things differently. Ford is the latest in a long line of automakers to try and innovate. Electrification, the rise of Tesla, the often best-in-class levels set by mainland Chinese original equipment manufacturers for digital vehicle attributes, and ever-increasing and accelerating new vehicle prices...
    Insights
    Porsche shifts focus from battery production to independent R&D amid market challenges
    In a press release dated Aug. 25, Porsche AG confirmed that it has decided not to proceed with the planned expansion of high-performance battery production through its subsidiary Cellforce, instead opting to continue development as an independent research and development unit. Staff affected by this change will be supported responsibly, and PowerCo, Volkswagen Group's battery center, has offered potential job opportunities to suitable Cellforce Group employees. Oliver Blume, CEO of Porsche, h...
    News
    Zest opens a new EV charging hub in Leicester, UK
    Zest launched a new urban charging hub on Uppingham Road in Leicester, UK, contributing to the expansion of its ultra-rapid electric vehicle charging network. The new EV charging hub, which is situated on a previously disused car wash site, exemplifies how investment in EV infrastructure can revitalize neglected areas while providing essential amenities to the community. The hub features ten charging bays, capable of delivering charging speeds of up to 300kW, with payment options available th...
    News
    Samvardhana Motherson establishes new subsidiary to focus on advanced clean mobility electronics
    On Aug. 22, Samvardhana Motherson International Ltd. (SAMIL) established a wholly owned subsidiary, Motherson Egtronics Electronics Solutions Ltd. (MEESL), to focus on advanced clean mobility electronics, Autocar Professional reported Aug. 23. The new subsidiary was founded a month after the company entered a joint venture agreement (JVA) with South Korea-based Egtronics Co. Ltd. MEESL will initially be fully owned by SAMIL. According to the JVA, the ownership will eventually evolve to 51% ow...
    News
    BMW India crosses 5,000 EV deliveries; unveils 4,000-km charging corridor
    BMW Group India has reached a significant milestone by delivering over 5,000 electric cars, making it the first luxury-car maker in India to achieve this feat. To celebrate this achievement, BMW inaugurated a 4,000-km high-power charging corridor stretching from North to South India. This corridor features charging stations every 300 km, covering major cities and national highways, and is open to electric vehicle customers from all brands. The initiative is part of BMW's commitment to e-mobility...
    News
    VEStellaLab obtains US patent for AI-driven parking recognition technology
    VEStellaLab Co. Ltd. has secured a US patent for its innovative parking recognition method and system technology. Unlike traditional systems that rely on sensors, this technology utilizes camera footage and AI-based video processing to determine parking status by analyzing time-sequenced images to detect vehicle movement and parking positions. This method reduces installation costs, minimizes maintenance and maintains high accuracy under various conditions, enhancing its competitiveness over con...
    News
    Alibaba-backed Banma Network Technology plans Hong Kong IPO with Deutsche Bank and CICC
    Alibaba-backed Banma Network Technology is planning an IPO in Hong Kong. Alibaba holds a 44.72% stake in Banma and expects to retain over 30% post-listing. Deutsche Bank and CICC will act as joint sponsors, and the deal requires approval from the China Securities Regulatory Commission. Founded in 2015, Banma specializes in intelligent automobile operating systems and generated a revenue of $114.8 million in 2024. SAIC Investment Management is also a major shareholder. Banma intends to use the...
    News
    Porsche's Cellforce Group announces significant layoffs amid EV market challenges
    Porsche's battery-making subsidiary, Cellforce Group, is set to lay off most of its workforce, according to a union representative. About 200 out of 286 employees will be dismissed, with notifications expected to be issued shortly. This development adds to the challenges facing Europe's electric vehicle market. Although a request for comment from Cellforce went unanswered, a Porsche representative declined to address the layoff reports. Batteries are a critical component in electric cars, but...
    News
    Group14 Technologies raises $436 million in Series D funding round
    Group14 Technologies has secured a $463 million funding round, led by SK Inc., with participation from Porsche Investments, ATL, OMERS, Decarbonization Partners, Lightrock Climate Impact Fund and Microsoft Climate Innovation Fund, among others. The funding is aimed at scaling the production of Group14's silicon battery material, SCC55, in the US and South Korea to meet increasing global demand for energy storage. Additionally, Group14 has gained full ownership of its joint venture with SK ...
    News
    Hyundai Mobis secures ISO 26262 certification for semiconductor R&D process
    As reported in a press release on Aug. 21, Hyundai Mobis has attained the highest grade of ISO 26262 certification for its entire vehicle semiconductor research and development process, which is an international standard for functional safety. This certification, granted by Exida, an automotive functional safety and cybersecurity certification agency, is not limited to specific products but covers the entire process from semiconductor design to quality verification. The certification ensures tha...
    News
    Orion Energy Systems installs EV chargers for MassDOT under $2 million contract
    Orion Energy Systems Inc., a provider of energy-efficient LED lighting, electric vehicle charging stations and maintenance services, announced the installation of four high-power DC EV chargers at two locations for the Massachusetts Transportation Department (MassDOT). This initiative is part of a $2 million contract aimed at facilitating EV charger deployment across the state. These installations, carried out by Orion's Voltrek division, are situated at the Barnstable and Plymouth ...
    News
    Indian battery-maker Amara Raja to invest additional 2 billion rupees in lithium-ion cell project
    Amara Raja Energy and Mobility Ltd. plans to invest an additional 12 billion rupees (approximately $137 million) in its lithium-ion (Li-ion) cell manufacturing project, bringing the total investment for a 1-GWh capacity plant to 24 billion rupees by the financial year 2027. The company aims to start production by the end of the financial year 2027 at its plant in Telangana, India, through its New Energy Business unit, Amara Raja Advanced Technologies. The plant will initially produce cells ...
    News
    Nio achieves 9 million battery swaps in Shanghai
    Chinese electric-car maker Nio has achieved a significant milestone by completing 9 million battery swaps in Shanghai, which is also where the company's global headquarters are located. This feat was attained Aug. 20, as reported by CnEVPost through Nio's charging map. Shanghai hosts the highest number of Nio battery-swap stations, with a total of 190. On April 13, Nio also marked another milestone by delivering its 100,000th vehicle in this city. Shanghai, a megacity with a population of ...
    News
    Princeton NuEnergy’s advanced black mass recycling facility in South Carolina, US, commences operations
    Princeton NuEnergy Inc. (PNE), a US-based company specializing in lithium-ion battery direct recycling and materials rejuvenation, has announced the full commissioning and operational status of its advanced black mass (ABM) recycling production facility in Chester, South Carolina. This facility is notable as the first commercial-scale ABM and battery-grade cathode active material (CAM) production facility in the US, capable of handling both nickel cobalt manganese (NCM) and lithium iron phosp...
    News
    Epic Charging installs major EV charging setup at Chicago condominium post-Enel X Way exit
    Epic Charging, an electric vehicle charging software provider, has successfully migrated 148 smart charging stations to its charge point management system (CPMS) at a 401-unit condominium building in downtown Chicago. This installation is considered one of the largest residential EV charger setups in the US. The migration became necessary after Enel X Way exited the US market, prompting multifamily buildings to seek reliable charging alternatives. Sunil Mehra, board president of the 600 N Lake S...
    News
    Xpeng secures $1.4 billion credit line from China CITIC Bank
    China CITIC Bank Guangzhou Branch has agreed to provide electric vehicle manufacturer Xpeng with a substantial credit facility totaling 10 billion yuan (approximately $1.4 billion). This financial support is intended to bolster Xpeng's operations and fuel its business growth. The announcement follows a strategic cooperation agreement signed by Brain Gu, vice chairman and co-president of Xpeng, and Xue Fengqing, president of China CITIC Bank Guangzhou Branch. Xpeng emphasized the importance ...
    News
    Rane Holdings invests $5.7 million in Rane Steering Systems for growth and operational needs
    Indian supplier Rane Holdings Ltd. has invested an additional 500 million rupees (about $5.7 million) in its wholly owned subsidiary, Rane Steering Systems Private Ltd., to support its operational and capital expenditure requirements and potential future growth. The investment was made through the allotment of 2 million equity shares priced at 250 rupees each, raising Rane Steering Systems' paid-up capital from 179 million rupees to 199 million rupees. Despite the increased funding, Rane Stee...
    News
    SmarterHelp launches to expand technical training for future green jobs in the US
    ChargerHelp has launched SmarterHelp, an independent workforce development company, from its Learning & Development division. The new company aims to expand training for technical careers in demand, focusing on equipping individuals for future green jobs. Kianna Scott, the CEO of SmarterHelp, emphasized the need for skilled people to maintain and lead future systems. SmarterHelp anticipates the creation of over 6 million clean energy jobs in the US by 2035, while only 12% of global workers p...
    News
    BlueOval SK begins EV battery production in Kentucky’s Plant 1
    BlueOval SK, a joint venture between SK On and Ford Motor Co., has started its first commercial production of electric vehicle batteries at its Plant 1 in Glendale, Kentucky. This initiative marks the largest investment in Kentucky's history and is expected to boost local job creation. Michael Adams, CEO of BlueOval SK, emphasized the importance of this launch in enhancing its position in the EV battery market. Andy Beshear, governor of Kentucky, lauded the project for its contribution to tra...
    News
    Iberdrola España commissions new EV charging points in Seville, Spain
    Iberdrola España has commissioned 18 new electric vehicle charging points in the Viapol Center's underground car park at Calle Pirotecnia 3 in the city of Seville in Spain. This expansion increases the company's public charging points in the Andalusia region to more than 1,300. The new additions consist of eighteen 7.4-kW charging points, totaling 100 kW of installed power. The location already features two 50-kW chargers and two 22-kW chargers. These facilities are integrated into Iber...
    News
    IAA Mobility 2025: LG Electronics to unveil new content partnerships to enhance in-vehicle user experience
    LG Electronics is set to present its vision for future mobility at IAA Mobility 2025, scheduled to be held Sept. 9–12 in Munich, focusing on software-defined vehicles (SDVs), AI, connectivity and smart infrastructure. At the biannual event, the South Korean supplier will unveil new content partnerships to enhance the in-vehicle user experience.   During the event, LG will host a session titled "Redefining the In-Cabin Experience, Why the Automotive Content Ecosystem Matters," with...
    News
    Norwegian car importers form new company for EV battery return and recycling
    Norwegian car importers have established a new company, Autoretur Battery Recycling (ABR), to manage the recycling and return of electric vehicle batteries. Approved by the Norwegian Environment Agency, ABR was formed by the Norwegian Automobile Importers' Association (BIL) to uphold producer responsibility for high-energy batteries. ABR CEO Erik Andresen emphasized that its comprehensive approach embodies circular economy principles by safely collecting and treating these batteries, which ca...
    News
    Connekt EV Charging garners multimillion-pound investment to expand UK rapid charging network
    Connekt EV Charging has secured a significant multimillion-pound investment from Growth Fund 1 (GF1), an investor backing high-potential UK businesses, aimed at advancing its UK rapid-charging network. This funding will facilitate the expansion of Connekt's strategic charging hubs, bolster team growth and focus on improving electric vehicle charging accessibility within the hotel, hospitality, leisure and public sectors, which are among the UK's most underserved markets for EV infrastr...
    News
    Tellus Power secures major NEVI funding for EV chargers in California
    Tellus Power Globe Holding Ltd. has announced that its chargers are expected to be installed at 33 electric vehicle charging sites under California's second round of the National Electric Vehicle Infrastructure (NEVI) program funding. The California Energy Commission proposed $36.88 million in NEVI awards to support up to 65 EV fast-charging sites across the state. With the expectation of deploying chargers at approximately 50% of these awarded sites, Tellus Power anticipates being the most i...
    News
    Ecobat to sell German and Austrian operations to Clarios
    In a press release dated Aug. 18, Ecobat, a global battery recycling company, announced that it has agreed to sell its battery recycling and specialty lead operations in Germany and Austria to Clarios, a company specializing in advanced energy storage solutions. The sale includes Ecobat's facilities in Freiberg and Braubach, Germany, and Arnoldstein, Austria. The transaction, set to conclude by early 2026 pending regulatory approvals, aligns with Ecobat's strategy to focus more on its co...
    News
    Zest opens a 16-bay ultrarapid EV charging hub in Birmingham, UK
    Zest, a leading charge-point operator (CPO) in the UK, has inaugurated a new electric vehicle charging hub near Birmingham's Jewellery Quarter, transforming a former derelict site on Park Road South, which historically housed Hockley Rail Station, into a modern facility featuring 16 charging bays that offer speeds up to 300 kW. This development is part of Zest's ongoing efforts to expand EV charging infrastructure in underserved regions across the UK, with prior hubs established in ...
    News
    China’s Dongfeng Motor plans to sell its 50% stake in Dongfeng Honda Engine Co.
    Dongfeng Motor, one of the leading automakers in mainland China, plans to sell its 50% equity stake in its joint venture with Japanese automaker Honda â€” Dongfeng Honda Engine Co. The information was disclosed by the company in a regulatory filing on the Guangdong United Assets and Equity Exchange. According to a news report published by Reuters on Aug. 18, the company has yet to establish the reserve price for the proposed deal. Citing audited results mentioned in the regu...
    News
    Momenta develops first chip, challenging NVIDIA and Qualcomm in autonomous driving
    Momenta, an autonomous driving technology company, has created its first self-developed computer chip, aiming to revolutionize the autonomous driving industry. Traditionally a software company, Momenta is now transitioning to a full-stack provider, offering both software and hardware solutions. This approach places it alongside competitors such as Horizon Robotics, providing integrated systems for modern electric vehicles. The company's newly activated chip is designed to compete directly with r...
    News
    Gotion to start EV battery production in Manteno in September with five production lines
    Gotion is set to begin the production of electric vehicle batteries in Manteno, Illinois, in September, marking a significant milestone in its $2 billion project announced two years ago. The company initially launched the manufacturing of commercial-scale energy storage products in the spring with two assembly lines. With two additional lines for assembling EV batteries and commercial chargers, Gotion will operate five production lines in Manteno. This includes a line started in April for res...
    News
    Thyssenkrupp reports an 8.8% YOY fall in Q3 group sales to €8.2 billion
    Thyssenkrupp reported solid business performance in the third quarter of its 2024/2025 fiscal year despite ongoing market challenges. The company experienced a 21% increase in order intake to €10.1 billion, driven primarily by Marine Systems. However, group sales fell to €8.2 billion from the previous year's €9.0 billion due to price and demand factors. Demand in the Automotive Technology, Materials Services and Steel Europe segments was subdued, contributing to a decline in group sal...
    News
    Hydro announces strategic workforce adjustments to reduce annual costs by 1 billion kroner
    Hydro has announced a strategic workforce adjustment plan to enhance its long-term resilience by cutting costs and aligning its organizational structure with strategic goals. The company aims to reduce annual costs by 1 billion kroner (about $98 million), which includes a reduction of 750 white-collar positions. This cost-cutting initiative also encompasses reducing travel and consultancy expenses. These actions are in addition to an existing improvement program and a revised capital expendit...
    News
    Mahindra & Mahindra unveils modular multi-energy NU_IQ SUV platform
    Mahindra & Mahindra (M&M) has announced the upcoming launch of its new-generation sport utility vehicles starting in 2027. These vehicles will be based on the NU_IQ platform, which features M&M's Heartcore design philosophy and is engineered for both India and international markets. The platform supports multiple powertrains (petrol, diesel and electric) and configurations, including front-wheel-drive (FWD), all-wheel-drive (AWD), left-hand-drive (LHD) and right-h...
    News
    Great Wall launches production operations at its factory in Brazil
    Great Wall Motor (GWM) has commenced production operations at its new factory in Iracemápolis, São Paulo, marking another mainland Chinese automaker's entry into Brazil, following BYD. The factory started operations on Aug. 15, and Brazilian President Luiz Inacio Lula da Silva attended the rollout of the first vehicle, a Haval H6 GT, signing the body of the vehicle. This production facility, converted from a Daimler plant acquired by GWM in 2021, boasts an annual capacity of 50,000 veh...
    News
    Porsche-backed battery company V4Smart unveils Generation 2 cylindrical cells
    V4Smart GmbH & Co. KG, formerly known as V4Drive Battery GmbH and now majority-controlled by Porsche AG, has introduced its Generation 2 high-power energy cell. This advanced cell combines high-energy and power density, building on the success of its V21700 UHP-26 cell. Verified by BATEMO in the 18650 format, the new cell offers a capacity of nearly 3.7 ampere-hours (Ah), with an energy density of 277 Wh/kg and a power density of 2.73 kW/kg. The flagship product of this serie...
    News
    Via Transportation files for IPO on NYSE
    Via Transportation has filed for an IPO to sell its stock on the NYSE, joining a select group of government technology suppliers that have gone public, such as Tyler Technologies, Motorola and Axon. Although the filing did not specify the price range or number of shares, it highlights Via's growth, boasting a 50% compound annual growth rate in revenue since 2021. Founded 13 years ago in New York, US, Via's revenue for the year ended Dec. 31, 2024, was $337.6 million, a 35.6% increase from t...
    News
    OneLayer expands operations into Latin America, bolstering private LTE/5G security solutions
    OneLayer has announced the expansion of its operations into Latin America, following its success in North America. This move reflects strong regional demand for private LTE/5G OT management and Zero Trust security solutions. The expansion involves the establishment of regional sales and support teams in various countries, including Chile and Brazil. OneLayer's device security, observability and orchestration capabilities have proven valuable to Latin American enterprises, helping them integ...
    News
    Hubber raises £60 million in equity funding to set up EV charging hubs across the UK
    Electric vehicle charging services startup Hubber Infrastructure has secured £60 million in equity funding to support its plan of setting up EV charging stations across major cities in the UK, according to a news report published by EV Infrastructure News on Aug. 14. Hubber, which is founded by three former Tesla UK employees, aims to develop underutilized urban properties into ultrarapid EV charging and integrated energy hubs across the UK. According to the news report, the companyâ...
    News
    Pony AI boosts Gen-7 Robotaxi production
    Pony AI is optimistic about achieving its 2025 target for robo-taxi vehicle production and is actively seeking opportunities in new European markets, despite the uneven pace of commercialization in the industry across different regions, according to a report published by Bloomberg on Aug. 13. Since the start of mass production two months ago, Pony AI has deployed over 200 of its Gen-7 Robotaxi vehicles, keeping the company on track to meet its goal of 1,000 vehicles by the end of 2025. This m...
    News
    Tesla receives ride-share license in Texas for robo-taxi service
    Tesla Inc. has obtained a ride-share license in Texas, US, allowing the electric vehicle manufacturer to launch its robo-taxi service in accordance with new regulations for autonomous vehicles in the state. According to a report published by Bloomberg on Aug. 8, Tesla Robotaxi LLC is now officially registered as a transportation network company with the Texas Department of Licensing and Regulation, joining established companies such as Uber Technologies and Lyft. This license has become ...
    News
    Eneos Corp. joins the Automotive Edge Computing Consortium
    In a press release on Aug. 13, the Automotive Edge Computing Consortium (AECC) announced that Eneos Corp., Japan’s leading energy company, has joined as a member. The AECC is a nonprofit consortium comprised of various cross-industry stakeholders focused on promoting best practices at the intersection of vehicle technology, mobility and computing. As a new member of the consortium, Eneos will work alongside other AECC members to assess the initiatives undertaken by mobile network operators,...
    News
    CATL rolls out cell-to-pack battery repair service
    CATL, the world's largest battery-maker, has introduced a cell-to-pack (CTP) battery repair service. The service is rolled out under its independent aftermarket brand Ning Service on Aug. 10, marking the first anniversary of its new brand of services. This launch coincides with new-energy vehicle (NEV) penetration exceeding 50% and the end of the warranty period for many NEVs, highlighting challenges in aftersales service, such as high costs and repair difficulties. The demand for b...
    News
    SWTCH Energy secures C$10 million in credit facility to support expansion
    SWTCH Energy, a Canadian charge-point operator (CPO), has secured C$10 million in a credit facility from the National Bank of Canada to advance its expansion efforts across North America. This credit facility will provide SWTCH with immediate working capital to grow its electric vehicle charging infrastructure in multifamily units and the commercial property market. The funding will help SWTCH increase its inventory, speed up project deployments and pursue larger commercial opportunities in b...
    News
    Rock Tech Lithium receives €250,000 in fresh funding from German government
    Rock Tech Lithium Inc. has received funding from the German Federal Ministry for Research, Technology and Space for a project titled ELiSePro, which stands for Efficient Lithium Recovery Using Selective Processes. The initiative aims to enhance lithium yield at the company's Guben, Germany, site, contributing to Germany's raw material independence. Rock Tech will collaborate with RWTH Aachen University on this project to explore various ion separation methods, such as nanofiltrat...
    News
    Electrify America opens first Hyper-Fast EV charging station in Santa Monica
    Electrify America has inaugurated its first charging station in Santa Monica, California, to address the rising demand for Hyper-Fast electric vehicle charging in Southern California, US. The facility includes 20 Hyper-Fast chargers that can deliver speeds of up to 350 kW, allowing equipped EVs to gain approximately 20 miles of range per minute. This new station is part of Electrify America's extensive network, which is positioned near the I-10 freeway. Electrify America has established itsel...
    News
    General Motors plans to revive autonomous vehicle program with focus on personal-use cars
    General Motors (GM) is refocusing its efforts on autonomous vehicle development by planning to rehire former employees from its closed Cruise unit, according to a report published by CBT News on Aug. 12. This shift signals a renewed commitment to creating self-driving cars for personal use, moving away from the robo-taxi sector. The goal is to eventually produce fully driverless cars, without human supervision. Sterling Anderson, GM's new product development lead and former Tesla Autopil...
    News
    Scantinel Photonics files for insolvency amid European automotive crisis
    Scantinel Photonics GmbH, based in Ulm, Germany, has filed for insolvency, with the Local Court of Ulm ordering provisional insolvency administration on Aug. 6. Georg Jakob Stemshorn from PLUTA Rechtsanwalts GmbH has been appointed as the provisional insolvency administrator. Despite the insolvency filing, the startup, which develops chips for autonomous driving, continues its business operations and employs approximately 50 people. The employees have been informed about the situation, and their...
    News
    CATL confirms suspension of operations at Yichun lithium mine in mainland China
    CATL has confirmed the suspension of production operations at a significant lithium mine in the Yichun area of Jiangxi province in mainland China, following the expiration of its mining permit on Aug. 9. The company is in the process of expediting the permit renewal and intends to resume operations once approval is received, saying the suspension will have a minimal impact on its overall operations. A local media outlet, Cailian, reported that while the mining permit for CATL's Jianxi...
    News
    Ubitricity reaches installation milestone with over 10,000 EV charge points in the UK
    Ubitricity, the UK's largest public electric vehicle charge-point operator, has achieved the installation of over 10,000 EV charge points, accounting for 12% of all public charge points in the country. Recently, it has been working on several projects, including installing 2,000 charge points in the London Borough of Tower Hamlets, over 500 in Waltham Forest, over 100 in Westminster, and completing 560 in Birmingham. These efforts align with its mission to expand public EV charging access for...
    News
    Ford announces $5 billion investment in Louisville and BlueOval Michigan for new EV production
    Ford Motor Co. has announced that it will be investing approximately $5 billion to create or secure nearly 4,000 jobs across its Louisville Assembly Plant and BlueOval Battery Park Michigan. The initiative aims to produce a new pickup and advanced prismatic lithium iron phosphate (LFP) batteries. Ford will invest nearly $2 billion in the Louisville Assembly Plant to assemble the midsize electric truck, securing 2,200 hourly jobs. The Louisville Assembly Plant will see a significant expansion&...
    Briefing
    Revel ceases ride-share operations, to shift focus to EV charging operations
    Revel, a New York-based ride-share and electric vehicle charging company, has decided to cease its ride-share operations to concentrate on expanding its network of EV charging stations. The decision mirrors a prior move in 2023 to end its electric moped service, citing the crowded transportation market and intense competition from companies such as Uber and Lyft. Revel's fleet had a significantly lower number of rides compared to these competitors, with about 80,000 rides in its peak month of...
    News
    Leapmotor ventures into auto components business, begins supplying battery packs to vehicle manufacturers
    Leapmotor is expanding into the automotive components supply business by supplying battery packs to commercial vehicle manufacturers, utilizing cells from CATL and other battery producers. Through its subsidiary Lingxiao Energy, Leapmotor designs and assembles these battery pack systems. The company has secured orders from over five new-energy commercial vehicle customers and is negotiating with additional partners, including Xeazon New Energy Vehicle Co. Ltd. As announced in July by CEO Z...
    News
    AEye announces new achievements and strategic initiatives to drive growth
    AEye CEO Matthew Fisch announced several new achievements for the company, marking a significant turning point. These include its certification as an NVIDIA DRIVE AGX partner and selection for the General Motors-backed WinTOR project. A major global transportation original equipment manufacturer's selection of Apollo for an important autonomous safety program could bring a $30 million opportunity, expected to contribute to this year's revenue. Additionally, AEye launched the OPTIS platform, whic...
    News
    Porsche opens eighth exclusive charging lounge in Germany
    A new Porsche Charging Lounge has opened near the A5 autobahn close to Europapark Rust, coinciding with the start of the summer holidays in Baden-Württemberg, Germany, and Bavaria, Germany. This location in Ringsheim is the eighth exclusive Porsche charging station, joining others in Bingen am Rhein, Germany; Estenfeld near Würzburg, Germany; Hamburg, Germany; Ingolstadt, Germany; Koblach, Austria; Leonberg, Germany; and Nyon, Switzerland. The strategic positioning of th...
    News
    Trump administration plans tariffs on semiconductors, impacting US hardware and AI companies
    The semiconductor industry is experiencing significant developments as US President Donald Trump announced on CNBC's Squawk Box that his administration plans to introduce tariffs on semiconductors and chips, potentially as soon as next week. However, the details of these tariffs remain unspecified. This move could have profound implications for US hardware and AI companies. In 2022, the US CHIPs and Science Act was enacted, providing $52 billion in subsidies to encourage domestic chip manufactur...
    News
    Lynkwell secures three-year contract to expand EV charging networks in Southern California
    Lynkwell has been awarded a three-year contract by the Southern California Public Power Authority (SCPPA) to manage and support the expansion of electric vehicle charging networks. SCPPA, a Joint Power Authority formed in 1980, facilitates joint planning and operation of transmission and generation projects for 11 municipal utilities and one irrigation district. These members serve over 5 million Californians, encompassing a network of more than 800 charging stations as part of California's e...
    News
    Tesla shifts focus to inference chip development
    Tesla intends to concentrate its AI chip development on inference chips that run AI models and facilitate real-time decisions, as announced by CEO Elon Musk. This decision follows reports from Bloomberg News, which suggested the disbandment of Tesla's Dojo supercomputer team, led by Peter Bannon, who has reportedly exited the company. The Dojo supercomputer was initially created with custom training chips to handle extensive data and video from Tesla electric vehicles to enhance its autonomous-d...
    News
    Tesla opens EV charging hub in the city of Goulburn, New South Wales, Australia
    Tesla has inaugurated a newly developed electric vehicle charging hub in the city of Goulburn, New South Wales, Australia. The company said the new charging site is the largest EV charging hub in the southern hemisphere.  The new Goulburn Supercharger station, located near the Big Merino landmark, includes 20 high-speed EV charging stalls. The facility aims to alleviate congestion on the busy route between Sydney and Canberra and complements Tesla's existing EV charging ne...
    News
    CATL suspends production at a major lithium mine in Yichun for three months
    CATL has reportedly suspended operations at its significant lithium mine in Jianxiawo, Yichun, in the Jiangxi province of mainland China. While unfavorable for CATL, the development might benefit other lithium producers who have endured prolonged price suppression. The cessation of operations is attributed to CATL's inability to renew a vital mining license that expired Aug. 9. The company is in discussions with government agencies to extend the license but is preparing for a closure las...
    News
    Lucid Air sets world record with Samsung SDI battery technology
    The Lucid Air Grand Touring electric vehicle, equipped with Samsung SDI's 21700 cylindrical batteries, has set a Guinness World Record by traveling 1,205 km (749 miles) on a single charge. This achievement highlights the battery technology of Samsung SDI, demonstrating excellence in capacity, life span and fast charging, in conjunction with Lucid's advanced powertrain and superior engineering. Lucid's record-breaking journey, undertaken in July from St. Moritz, Switzerland, to Munich, surpass...
    News
    Geely Auto secures AI safety certification under ISO/PAS 8800 from SGS-TÃœV Saar
    SGS-TÃœV Saar has awarded Geely Auto the world's first certification for AI safety process compliance under the ISO/PAS 8800:2024, marking an important milestone in the automotive industry. This certification affirms that Geely Auto's safety process architecture aligns with the latest standards for AI systems in road vehicles, setting a precedent for secure and standardized AI integration in autonomous driving technologies. With AI playing a crucial role in advanced mobility by enhancing sensing...
    News
    Continental plans to spin off automotive group amid strong Q2 2025 earnings
    Continental demonstrated resilience in the second quarter of 2025, with notable improvements in the Automotive group sector's earnings compared to the previous year and the start of 2025. Despite challenges from tariffs and exchange rates, the Tires group sector maintained a strong double-digit adjusted EBIT margin, while ContiTech increased its adjusted EBIT margin compared to the first-quarter. The company intends to further enhance the Tires and ContiTech sectors in the latter half of the yea...
    News
    GlobalFoundries partners with Chinese foundry for localized automotive-grade CMOS production
    GlobalFoundries is intensifying its China-for-China strategy through a new partnership with a local foundry, despite facing a weak third-quarter outlook due to sluggish consumer demand. The chipmaker is initiating this collaboration with automotive-grade complementary metal-oxide-semiconductor (CMOS) and bipolar-CMOS-DMOS (BCD) technologies. The company's executives revealed that both domestic and international semiconductor companies with needs in China are expected to benefit from this de...
    News
    DeCharge launches decentralized EV charging network in the US to boost EV charging infrastructure
    DeCharge, a decentralized electric vehicle charging infrastructure network, has announced its official launch in the US to establish a community-powered charging model for both drivers and businesses. This initiative enables a variety of hosts, such as small business owners and parking lot operators, to install EV chargers and earn revenue, thereby addressing the significant shortage of public charging infrastructure. The company's US operations will begin with pilot deployments in the D...
    News
    Revel introduces SmartKit Demand Response in NYC to optimize EV charging
    Revel, an electric mobility company based in Brooklyn, New York, has introduced its SmartKit Demand Response technology at its Williamsburg Superhub, located at the historic Dime Building, to enhance electric vehicle charging and support New York City's clean energy transition. This technology, developed in partnership with Logical Buildings, strategically schedules vehicle charging to alleviate grid pressure during peak hours, reducing emissions and generating revenue through Demand Response...
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    Antolin secures €150M syndicated loan under ICO guarantee scheme for transformation plan
    Automotive interior systems supplier Antolin secured a €150 million syndicated loan as part of its ongoing transformation plan. The loan falls under the Instituto de Crédito Oficial (ICO)’s guarantee scheme, specifically for companies impacted by tariffs in the US. Antolin's main financial partners, which include CaixaBank, Santander, BBVA (acting as the agent bank), Sabadell and HSBC, support the financing. The loan has a seven-year maturity and includes an 18-month grace period. This a...
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    Seoul Robotics initiates KOSDAQ listing process, led by Samsung Securities
    Seoul Robotics, a company focusing on autonomous driving software, has initiated the process to be listed on the Korean Securities Dealers Automated Quotations (KOSDAQ) market. The Korea Exchange's KOSDAQ market division reported that Seoul Robotics filed an application for a preliminary listing review on Aug. 4. The listing process is being led by Samsung Securities as the main underwriter. Founded in 2017 by CEO Lee Han-bin, who has a background in mechanical engineering from Pennsylvania S...
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    LG Uplus VoltUp leads domestic slow-charger market with 29% share
    LG Uplus VoltUp, a joint venture between LG Uplus and Kakao Mobility, has achieved the top market share in the South Korean slow-charger market for electric vehicles in the first half of 2025, as announced on July 25. As per the Ministry of Environment's Zero Emission Vehicle Integrated Website, about 37,000 new slow chargers were installed in the country during this period, with VoltUp accounting for 29% of this, equating to 10,800 units, which is more than double that of its closest competitor...
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    EnergyX expands holdings in Smackover formation with $26 million deal
    EnergyX, a lithium technology startup backed by General Motors (GM), recently expanded its holdings in the Smackover formation, which stretches from Florida, US, to Texas, US, by acquiring an additional 35,000 acres in a $26 million cash and shares deal. This brings the company's total stake in the area to 47,500 acres. The Smackover is estimated to contain more than 4 million metric tons of lithium, a valued resource for electric vehicles and electronic devices, and EnergyX's holdings are situa...
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    Koito restructures operations in mainland China amid market shifts
    Koito Manufacturing has announced plans to restructure its production system in mainland China, the Japanese supplier said in a press release on July 29. This decision comes in response to a notable decline in vehicle sales of Japanese automakers, Koito's primary customers, in mainland China amid significant shifts in the world's largest automotive market, including the rapid emergence of local Chinese new-energy vehicle manufacturers. Koito’s operations in mainland China comprise three com...
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    IAA Mobility 2025: Continental to debut AUMOVIO brand to showcase innovative automotive technologies
    Continental's Automotive group sector will debut under the new independent company name AUMOVIO at the IAA Mobility in Munich from September 9-12, 2025, with a press day on September 8. This event will allow visitors to see the latest technology innovations across four industry themes: safe, inspiring, connected, and autonomous. AUMOVIO represents the consolidation of Continental's automotive expertise into a new technology and electronics company focused on key technologies, as explained by AUM...
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    Aurora expands driverless truck operations with new Phoenix terminal and night driving
    Aurora Innovation announced that it has begun driverless commercial operations at night and opened a terminal in Phoenix. The company has expanded driverless operations on the Dallas-to-Houston route to include nighttime driving, effectively more than doubling truck utilization potential and significantly decreasing delivery times, which could lead to profitability in autonomous trucking. The company emphasized that autonomous trucks can enhance road safety, particularly at night when 37% of ...
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    Ecarx’s Cloudpeak software stack powers new Volvo EX30 Cross Country
    Ecarx Holdings Inc. has announced that its Cloudpeak cross-domain software stack is being used in the global launch of the Volvo EX30 Cross Country compact electric sport utility vehicle. The vehicle began sales in mainland China on July 17, following its initial launch in Europe in February. The Cloudpeak software stack is built on a unified global platform, allowing automakers to easily adapt products for different regional markets. In Europe, the software offers a Google Automotive Services-c...
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    The city of Amstetten gets one of Austria’s largest EV charging hubs
    The newly constructed electric vehicle charging park near the Amstetten West motorway junction in Austria is set to begin operations on Aug. 1. Covering more than 3,000 square meters, the EV charging park will initially offer 40 charging stations with ultrafast-charging capabilities of up to 400 kW. Alongside the charging facilities, a variety of recreational and service amenities, including playgrounds, a bistro, restroom facilities and a dog run, will be available for visitors. This develop...
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    SK On, SK Enmove merge as part of SK Innovation’s business restructuring
    SK Innovation has announced a merger between its electric vehicle battery subsidiary, SK On, and SK Enmove, known for lubricants and immersion cooling technology, as part of its strategy to evolve into a comprehensive energy company amid the electrification era. The merger was approved on July 30, and the newly combined entity is set to launch on Nov. 1. Concurrently, SK Innovation and SK On's boards have approved a large-scale capital increase through third-party allotment to enhance ca...
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    ZF board, employee representatives agree on future of ZF’s Car Driveline Technology division
    On the sidelines of the ZF supervisory board meeting on July 30, a significant agreement was signed between the ZF board of management and employee representatives. The agreement initiates an independent and confident restructuring of ZF's Division E, which oversees electrified drive technologies. The agreement was signed by Barbara Resch, district manager of IG Metall Baden-Württemberg; Achim Dietrich, chairman of the ZF General Works Council; Mathias Miedreich, ZF board member re...
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    Freudenberg Sealing Technologies transitions New Hampshire site to e-mobility and hydrogen focus
    Freudenberg Sealing Technologies (FST) is undergoing a significant transformation at its Manchester, New Hampshire, site, transitioning from producing gaskets for combustion engines to focusing on e-mobility and hydrogen applications. This shift is supported by major investments and a funding initiative from the US Energy Department. The site will now prioritize manufacturing sealing solutions for battery housings and e-drive systems, necessitating the introduction of new semi- and fully-auto...
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    CATL builds a network of over 400 battery-swap stations for electric cars in China
    CATL, China's largest battery manufacturer, has built a network of more than 400 battery-swap stations for passenger vehicles across the territory as of the end of July. The company aims to build 1,000 such battery-swap stations by the end of 2025. The company's battery-swap operations for passenger vehicles and heavy-duty trucks are advancing smoothly, with approximately 100 battery-swap stations for heavy-duty trucks already completed, expecting to reach about 300 by year-end...
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    Instavolt to set up an EV charging hub in Wiltshire, UK
    InstaVolt, a leading charge-point operator (CPO) in the UK, has secured a 40-year lease to establish a superhub featuring 30 ultrarapid chargers, a café and a farm shop on the A303 in Wiltshire, UK. This hub aims to serve both local traffic and the broader community. Inspired by the successful Winchester Superhub, InstaVolt plans to integrate large batteries and solar installations, facilitating discounted charging periods similar to the 50 pence per kilowatt-hour offered at Winche...
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    MN8 Energy unveils Gateway to Hunts Point EV charging hub in South Bronx
    MN8 Energy LLC announced the Gateway to Hunts Point project, a freight electric vehicle charging hub and workforce development center in the South Bronx, New York. This facility will include 42 EV charging plugs for medium and heavy-duty vehicles, a welcome center named The Bolt, and community solar installations. This project addresses health and environmental concerns in the area, particularly the high asthma rates from truck traffic. The facility will serve the Hunts Point Food Distri...
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    Rivian integrates NACS cables into its charging network for broader access
    Rivian has begun integrating North American Charging Standard (NACS)/Tesla connectors into its Rivian Adventure Network, allowing Tesla vehicles and other brands with NACS ports to utilize Rivian's charging facilities. The North American electric vehicle industry is transitioning to the NACS plug, originally advanced by Tesla and now adopted as an official SAE standard, moving away from J1772 and CCS plugs. This shift is influenced by former US President Biden's federal charging grants, which in...
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    EVgo secures $225 million credit facility to fund growth plans
    EVgo Inc., a provider of public fast-charging infrastructure for electric vehicles, has announced the closing of a $225 million senior secured, nonrecourse credit facility with leading global project finance banks. This financing, which can potentially increase by an additional $75 million, marks a pioneering move in the US commercial bank market for charging infrastructure. The facility was oversubscribed, indicating strong interest and support. The funds from the facility will enable EVg...
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    Lyten secures over $200 million in equity investment to support its acquisition strategy
    Lyten, a US-based company specializing in supermaterial applications and lithium-sulfur batteries, announced it has secured over $200 million in additional equity investment, bringing its total investment to over $625 million. This new funding, which has come primarily from existing investors, will aid Lyten in accelerating its acquisition strategy and expansion in the US and Europe. Additionally, Lyten has acquired the rights to Northvolt's energy storage products, including Voltpack Mobi...
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    Milence opens ninth electric truck charging hub in Dunkirk, France
    Milence, a joint venture between Daimler Truck, Traton Group and Volvo Group, has opened its ninth electric truck charging hub in Dunkirk, France, on the North Sea-Rhine-Mediterranean corridor of the Trans-European Transport Network (TEN-T). This expansion is part of Milence's strategy to strengthen its presence in northern France and enhance connectivity between France and neighboring countries such as Belgium, the Netherlands and Germany. Milence has also begun developing its tenth hub...
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    Pony.ai launches 24/7 robo-taxi services in Guangzhou and Shenzhen
    Pony.ai, a company specializing in autonomous driving technology, has launched 24/7 robo-taxi operations in Guangzhou and Shenzhen in mainland China, expanding from its previous 15-hour daily services. In addition, the company has also extended its testing hours for robo-taxis in Beijing to a full 24 hours each day. This development is part of Pony.ai's broader efforts to enhance its presence in China. Pony.ai's autonomous driving system, known as the virtual driver, has surpas...
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    Xpeng commences local production operations in Indonesia
    Xpeng has commenced its first overseas localized production in Indonesia, announcing at the 2025 Gaikindo Indonesia International Auto Show the delivery of its first locally assembled Xpeng X9 multipurpose vehicle. This marks the beginning of Xpeng's global localization production strategy. The company employs the completely knocked down (CKD) approach, where components are imported and assembled locally. Alongside the X9, Xpeng also displayed its flying car, the G6 sport utility vehicle...
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    Trump finalizes bilateral trade agreement with EU, agrees to 15% import tariff on all EU goods into US
    The US has reached a framework for a trade deal with the EU, allowing the US to impose a 15% import tariff on most goods from the EU. This agreement was jointly announced by US President Donald Trump and European Commission President Ursula von der Leyen on Sunday, July 27, at Trump's luxury golf course in Turnberry, Scotland. This development concludes a lengthy period of uncertainty with the EU, the US' largest trading partner. Trump confirmed the 15% levy on most imports from the EU, inclu...
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    BMW i Ventures invests in Estes Energy for advanced battery platform development
    BMW i Ventures has announced a colead investment in Estes Energy Solutions Inc., a materials and manufacturing innovator based in California, US. The $11 million seed round was coled with Fortescue Ventures and included participation from New Systems Ventures and DCVC. This funding brings Estes' total raised capital to $20 million and will support the completion of its chemistry-agnostic battery pack platform and the establishment of domestic manufacturing capabilities. The investme...
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    BP Pulse opens its largest EV charging hub near Los Angeles International Airport
    BP Pulse, the global electric vehicle charging infrastructure business of BP, has inaugurated its largest EV charging hub in the US, located two miles from Los Angeles International Airport (LAX). This site features 48 ultrafast EV charging bays equipped with 400-kW and 150-kW DC fast chargers compatible with both Combined Charging System (CCS) and North American Charging Standard (NACS) connectors. The facility will soon offer additional amenities such as a lounge, vending machines, restro...
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    Electra secures €433 million green loan to expand EV charging network across Europe
    Electra, a leading charge-point operator (CPO) in Europe, has secured a green loan facility of up to €433 million to support its growth. This includes €283 million in committed facilities and a €150 million incremental accordion facility, bringing Electra's total funding to over €1 billion since its inception. Electra CEO and Co-founder Aurélien de Meaux said that the company chose a green loan to fund projects that contribute to environmental objectives, leveraging debt fi...
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    NXP anticipates automotive chip demand to recover amid industry challenges
    NXP Semiconductors NV CEO Kurt Sievers indicated that the prolonged inventory surplus of automotive chips, which has been affecting the company's business, might conclude in 2025, according to a Bloomberg report published July 22. Despite facing challenges such as heavy competition and supply chain disruptions due to tariffs impacting car demand, Sievers mentioned that the company's automotive sector is seeing substantial growth from the second to the third quarter. He expressed optimism that on...
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    Pony.ai's Gen-7 BAIC robo-taxi begins road testing in Beijing
    In a press release on July 23, Pony.ai announced that the seventh-generation (Gen-7) Beijing Automotive Industry Corp. (BAIC) robo-taxi model has started road testing in Beijing. This development marks significant progress toward large-scale production and commercial deployment for Pony.ai, an organization that specializes in autonomous mobility. The BAIC robo-taxi fleet is operating in a 225-square-kilometer High-Level Autonomous Driving Demonstration Zone in Beijing. Alongside the BAIC...
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    Lucid partners with mineral producers to boost US automotive supply chain
    Lucid Group Inc., known for producing advanced electric vehicles, has joined the newly launched Minerals for National Automotive Competitiveness Collaboration (MINAC) and partnered with critical mineral producers such as Alaska Energy Metals, Graphite One, Electric Metals and RecycLiCo. This collaboration seeks to expedite the development and procurement of essential minerals for automotive manufacturing by US-based automakers and tier 1 suppliers. MINAC is an initiative aimed at en...
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    MAHLE advocates for technology diversity to decarbonize road traffic
    In a press release dated July 23, MAHLE said that it is focusing on decarbonization through technology diversity as a strategic approach to rapidly and effectively reduce greenhouse gas emissions. MAHLE CEO Arnd Franz emphasized the need for technology diversity in regulations, advocating for the inclusion of sustainable internal combustion engines (ICEs) and climate-neutral fuels in European CO2 legislation. At IAA Mobility in Munich, MAHLE will showcase technologies aimed at accelerati...
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    Bosch to cut 1,100 jobs at German plant amid challenging business environment in Europe
    Bosch plans to restructure its Reutlingen plant in Germany, potentially cutting up to 1,100 jobs by 2029, Mint reported on July 22. The layoff will affect approximately one-tenth of the workers at the site, including those involved in the assembly line and back-office roles. The decision is attributed to intense competition within the European market for steering systems, particularly from Chinese manufacturers, which has been challenging German car manufacturers...
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    Yokohama Rubber supplies 20-inch ADVAN Sport V107 tires for Mercedes-AMG CLE 53 coupe
    Yokohama Rubber announced that it is supplying 20-inch ADVAN Sport V107 tires as original equipment (OE) for the new Mercedes-AMG CLE 534MATIC+ coupe, starting June. The coupe will be fitted with the innovative tires in size 265/35ZR20 (99Y) in the front and 295/30ZR20 (101Y) in the rear. Yokohama Rubber has been supplying 19-inch ADVAN Sport V107 tires for this model since 2024. The ADVAN Sport V107 tire is an ultrahigh-performance (UHP) tire under Yokohama's ADVAN brand and is aimed at...
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    WM Motor to resume production with Xiangfei Auto's support after liquidity crisis
    WM Motor, a Chinese electric vehicle startup established in 2015, is set to resume production in August with the support of its investor Xiangfei Auto. Information from a Chinese tech media outlet, MingJin Pro, published on July 14, indicated that WM Motor and Xiangfei Auto will restart mass production of the EX5 and E5 EV models at WM Motor's facility in Wenzhou, Zhejiang province. This decision follows a liquidity crisis that led to halted operations in the second half of 2022. Subsequently, a...
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    Lucid EVs gain access to Tesla’s Supercharger network across North America
    US-based electric-car maker Lucid Group Inc. has announced updates to its Lucid Air model lineup for 2026, introducing enhancements aimed at increasing convenience and peace of mind for owners. A key update includes access to the Tesla Supercharger network for all Lucid Air vehicles by July 31, using an approved North American Charging Standard (NACS) adapter available from Lucid. All Lucid Air owners, regardless of model or model year, will gain access to the North American Tesla Supercharge...
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    Tozero plans demo facility for battery recycling at Gendorf Chemical Park in Germany
    Munich-based DeepTech startup Tozero is establishing a commercial demonstration plant for lithium-ion battery recycling at the Gendorf Chemical Park in the Bavaria region of Germany.  The company has signed a lease agreement for an existing building to construct the demonstration facility, which is expected to become operational later in 2025. This facility will serve as the technological foundation for commercial production planned for 2026. The standout feature of Tozero's recycli...
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    BYD prioritizes operations in Turkey, delays mass production of EVs in Hungary
    Mainland Chinese electric-car maker BYD is delaying mass production at its Hungarian electric vehicle plant and is instead opting to expedite production operations at its Turkish facility, primarily due to cost factors. The company's Hungarian plant in Szeged, valued at €4 billion, is set to commence mass production in 2026, operating below its initial capacity for the first two years. Initially, the plan was to manufacture 150,000 units per annum, but production for 2026 is expected to be ...
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    UK-based CPO Gridserve reports loss of over £80 million in 2024, reduces headcount
    Gridserve, an electric vehicle charging network based in Swindon, UK, has reported a pretax loss of £82.7 million for 2024, an increase from the £54.8 million loss in 2023. The company's workforce was reduced from 320 to 239 employees over the past year. Despite these losses, Gridserve's revenue grew from £29.1 million in 2023 to £46.2 million in 2024. Recently, Gridserve secured £100 million in new equity investment from existing shareholders, including TPG, Infracapital and Mitsubis...
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