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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
    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
    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
    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
    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
    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
    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
    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
    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
    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
    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
    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
    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
    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
    Tesla plans to end Model S and X production; to invest $20 billion on robotics
    Tesla is set to significantly increase capital spending to $20 billion in 2026, with the majority of the funds allocated to future business lines such as autonomous vehicles and humanoid robots rather than its core electric vehicle business. This decision was shared by CEO Elon Musk during the company's Jan. 28 earnings call, where he described 2026 as a pivotal year for capital expenditure. CFO Vaibhav Taneja highlighted that most of the spending will support production lines for upcoming produ...
    News
    SIAT 2026: Schaeffler India presents electrification and smart mobility solutions
    Schaeffler India Ltd., the Indian subsidiary of Germany-based motion technology company Schaeffler, is participating in the Symposium on International Automotive Technology (SIAT) 2026, held Jan. 28–30 in Pune, Maharashtra. The company is displaying next-generation technologies for the Indian automotive industry. Schaeffler is showcasing various solutions, including electrification technologies such as drives, motors and modules; efficient powertrain solutions for internal combustion engine...
    News
    DENSO becomes Core Partner of AUTOSAR to enhance automotive software standardization
    DENSO Corp. has become a Core Partner of AUTomotive Open System ARchitecture (AUTOSAR), a global development partnership of vehicle manufacturers, suppliers and other companies from the electronics, semiconductor and software industries. The leading Japanese supplier, which initially joined AUTOSAR in 2004 as a Premium Partner, has progressively elevated its role, becoming a Strategic Partner in 2019 and gaining Premium Partner Plus status in 2022. During these years, DENSO has significantly ...
    News
    Emobi secures $3.4 million seed funding to expand JustPlug EV charging solution
    Emobi, one of North America's largest providers of electric vehicle charging roaming and JustPlug infrastructure, has announced the completion of a $3.4 million seed funding round led by Florida Funders. Other contributors include Aves Ventures, Collaborative Fund, Gaingels, Gener8tor, Goodwater Capital, Oasis Capital, OneSixOne Ventures, Ride Wave Ventures and Y Combinator. This new capital will help Emobi expand its technical infrastructure and promote the proliferation of its JustPlug solu...
    News
    Dana releases preliminary results for 2025, financial outlook for 2026
    Dana Inc. announced its preliminary financial results for 2025, reporting sales of approximately $7.5 billion and adjusted EBITDA of about $600 million, equivalent to 8% of sales. The US-based automotive supplier recorded adjusted free cash flow of nearly $315 million. During the financial year, Dana completed the sale of its Off-Highway business for $2.7 billion and achieved cost savings of approximately $250 million. The company returned&nbs...
    News
    Eaton announces plan to spin off Mobility Group
    Intelligent power management company Eaton has announced plans to separate its Vehicle and eMobility segments, collectively known as the Mobility Group, into an independent publicly traded entity. According to Eaton's CEO, Paulo Ruiz, this move aligns with Eaton's 2030 growth strategy, allowing the company to focus on its core Electrical and Aerospace businesses. The separation is intended to enable Eaton to capitalize on market trends such as electrification, digitalization, AI and increased in...
    News
    Audi scales up deployment of AI in production
    Audi is transforming its production process by incorporating AI and digitalization, turning its plants into smart factories. AI acts as a partner in these factories, assisting employees by performing strenuous, ergonomically demanding tasks with AI-controlled robots and providing chatbots for additional support. Edge Cloud 4 Production (EC4P) is the foundational technology for this transformation, enabling the integration of traditional automation with cloud flexibility, reducing on-site hardwar...
    News
    American Axle & Manufacturing changes name to Dauch Corp.
    American Axle & Manufacturing Holdings Inc. has officially changed its name to Dauch Corp. by filing an amendment with the Delaware Secretary of State, effective Jan. 26. Following this change, effective Feb. 5, the company's common stock will begin trading on the NYSE under the new name Dauch Corp. with the ticker symbol DCH. However, the Committee on Uniform Securities Identification Procedures (CUSIP) of the company’s stock remains unchanged, and existing stock certificates remain valid...
    News
    Aumovio plans strategic realignment of global R&D activities, move to result in loss of 4,000 jobs
    Aumovio, the Germany-based company formed after the spinoff of Continental’s Automotive Group business in 2025, has announced a strategic realignment of its global research and development activities to ensure its competitiveness amid challenging business conditions. As part of this realignment, the company will focus its R&D expenditures on value-creating technologies, intensify development partnerships, and implement additional efficiency measures. Aumovio has also reaffirmed its goal to...
    News
    Gatik deploys driverless trucks for commercial operations with Fortune 50 retailers
    Gatik has become the first company in North America to deploy fully driverless trucks in commercial operations, achieving $600 million in contracted revenue with daily deliveries for Fortune 50 retailers. This development signifies a shift from limited autonomous trucking pilots to ongoing, revenue-generating operations that enhance regional supply chains. Since mid-2025, Gatik has successfully completed 60,000 fully driverless orders without incidents, utilizing its Gatik Driver system, which i...
    News
    Monta adds AI-powered operational intelligence layer to its EV charging platform
    Monta, a leading electric vehicle charging software solutions provider, has launched Monta AI, an operational intelligence layer integrated into its platform, designed to proactively identify issues and provide actionable recommendations. The new AI feature also allows operators to query various aspects, such as performance, pricing, expansion and energy, in natural language without additional cost to customers. Monta AI continuously analyzes network operations to surface insig...
    News
    QCraft launches next-gen over 500 TOPS autonomous driving solution
    QCraft has commenced the year with QCraft Day 2026, showcasing its advancements and objectives in the autonomous driving sector to over 200 industry guests in Beijing on Jan. 23. During the event, the company highlighted its achievements in mass production, development and deployment, as well as its plans for further expansion. James Yu, co-founder, chairman and CEO of QCraft, delivered a keynote speech titled "Bringing Autonomous Driving into Real Life," describing 2026 as the start of a t...
    News
    Neolite ZKW inaugurates new lighting facility in Pune, India
    Neolite ZKW Lightings Ltd., a joint venture between the ZKW Group and Indian supplier Neolite, has established a manufacturing facility in Pune, Maharashtra, to produce automotive lighting systems, Autocar Professional reported Jan. 23, 2026. The plant, which began operations in December 2025, is strategically located near the Mumbai-Pune-Nashik-Aurangabad automotive cluster, enabling the company to efficiently serve clients such as JSW MG Motor, Stellantis India, VE Commercial Vehicles and...
    News
    The Charge Scheme adds access to Tesla Superchargers across Europe
    The Charge Scheme has enhanced its salary-sacrifice electric vehicle charging program by adding access to Tesla's Supercharger network across Europe. The Charge Scheme is a UK-based employee benefit program that allows drivers to pay for EV charging via salary sacrifice.  This development benefits both Tesla and non-Tesla drivers, providing access to Europe's largest fast-charging infrastructure, with over 20,000 chargers at more than 1,500 locations, capable of charging at up to 250 ...
    News
    Qwello expands EV charging infrastructure, wins tenders from city of Copenhagen
    Munich-headquartered charge-point operator (CPO) Qwello has won two contracts under a public tender issued by the city of Copenhagen, Denmark, marking its foray into the Danish market, the company announced Jan. 22. Qwello had won the said contracts from Copenhagen in 2025, it said, adding that the new tenders mark a key milestone in its Northern European expansion and reinforce its role as a trusted partner for cities advancing sustainable mobility. “The contracts grant Qwello the right...
    News
    Fastned secures up to €200 million to fund expansion of EV charging network in Europe
    Fastned, a leading European charge-point operator (CPO), has secured up to €200 million in new green financing from ABN AMRO, Crédit Agricole, ING, Invest-NL and Rabobank, the company announced Jan. 23. Fastned said it plans to use the newly raised funds to accelerate the expansion of its fast-charging station network across Europe. According to the CPO, the new green financing framework initially includes €100 million in committed capital over the next three years to finance the...
    News
    Our Next Energy pivots focus after major EV contract cancellation leads to layoffs
    Michigan-based battery-maker Our Next Energy recently laid off 29 employees after its largest electric vehicle customer unexpectedly canceled its contract. The company notified Michigan's employment agency about the layoffs, which included engineers, managers and technicians, although the state's employment agency received the notice a week later. Our Next Energy explained that they could not provide the 60-day advance notice typically required by federal law due to the sudden cancellation by...
    News
    Solus Advanced Materials nears new European contracts for battery foil
    Solus Advanced Materials, a copper foil manufacturer from South Korea, is on the verge of signing supply contracts for battery foil with two new customers, including a mainland Chinese battery-maker operating in Europe. The company's production facility in Hungary positions it advantageously due to Europe's tightening battery regulations, which include origin requirements. Solus Advanced Materials is expected to finalize contracts within the first half of 2026, aiming to solidify its presence in...
    News
    Fortune Minerals validates hydrometallurgical process for NICO cobalt project in Canada
    Fortune Minerals Ltd. successfully concluded validation test work for an optimized hydrometallurgical flowsheet aimed at producing battery-grade cobalt sulphate heptahydrate for the NICO cobalt-gold-bismuth-copper project in Canada. The results demonstrated high metal recoveries using a simplified process flow sheet, which helps mitigate costs for the NICO Project. The test work received support from Natural Resources Canada's Global Partnerships Initiative program, a US Defense Production Ac...
    News
    Voltempo introduces first megawatt-scale electric HGV charging hub at East Midlands Gateway
    Voltempo has launched its first megawatt-scale electric heavy goods vehicle (HGV) charging hub at East Midlands Gateway, supporting Kuehne+Nagel's UK overland fleet. This development marks a significant milestone for both Voltempo and the eFREIGHT 2030 program. The hub, designed and implemented by Voltempo, features British-designed HyperCharger technology capable of delivering charging rates of up to 1 MW, enabling fast recharging of electric HGVs in under 30 minutes. The site was visited by...
    News
    Waymo plans autonomous vehicle rollout and robo-taxi services in Australia by 2026
    Waymo is in talks with Australian officials about its autonomous vehicle technology and a potential robo-taxi services launch in the country by 2026. The company, owned by Alphabet, has expressed its global ambitions and engages with regulators globally to advocate for policies that would allow it to serve riders similar to its operations in the US. Documents released in January indicate meetings between Waymo officials and Mike Makin, Assistant Secretary for the Department of Infrastr...
    News
    Lifthium Energy receives €180 million grant for lithium refinery in Portugal
    Portugal's Lifthium Energy has been awarded a €180 million government grant to construct a lithium refinery in northern Portugal to cater to the electric vehicle battery market. Portugal, known for its significant lithium reserves, primarily serves the ceramics industry but is now stepping into battery-grade lithium production. The grant was provided under the EU's Temporary Crisis and Transition Framework, which aims to expedite green and industrial advancements. Lifthium Energy is mostly ...
    News
    Porsche integrates Plug & Charge technology for Macan Electric and Taycan models
    Porsche Cars Canada Ltd. (PCL) has announced the addition of Plug & Charge functionality for the Macan Electric and model year 2026 Taycan models, which is now available on the Tesla Supercharger network via the Porsche Charging Service. This integration offers a streamlined and efficient charging experience at over 27,500 Tesla Superchargers in North America, allowing vehicles to simply be plugged in for quick access, while ensuring secure and encrypted transactions. The Plug & Charg...
    News
    Norway’s EV charging network goes past 10,000 fast chargers
    Norway's countrywide electric vehicle charging network has reached 10,670 fast chargers, according to a report by the Norwegian Electric Vehicle Association.  Christina Bu, secretary general of the Norwegian Electric Vehicle Association, noted that the construction of new fast chargers saw a decline in 2025, with only 1,192 built last year compared to the peak of 2,029 chargers installed in 2023. The association remains unconcerned about the slowed pace of EV charger install...
    News
    ZF Group launches electric park brake production line in India
    ZF Group has inaugurated an electric park brake (EPB) production line at its Oragadam manufacturing facility in Tamil Nadu, India, thereby expanding into the full industrialization of electronically controlled braking systems in India for passenger cars. The line has an annual production capacity of 800,000 units and is supported by a growing Indian supplier network for precision components. ZF is supplying EPB systems, which are featured in newly launched all-electric passenger vehicles...
    News
    Antolin holds signing ceremony for Global R&D & Innovation Center in mainland China
    On Jan. 16, Antolin held the official signing ceremony for its Global R&D & Innovation Center in mainland China. This event followed the completion of registration procedures and took place near Antolin's SUZ plant in Kunshan, Jiangsu province. The ceremony included key stakeholders from both Antolin and the local government, symbolizing a critical aspect of Antolin's global development strategy. According to Antolin, its China Global R&D & Innovation Center aims to fulfill th...
    News
    L-Charge secures $10 million funding to expand off-grid EV charging solutions in the US
    L-Charge has announced the completion of a $10 million funding round led by Ultra Capital, with participation from its founder, Dmitry Lashin. The Redwood City, California-based company plans to use the funds to expand its off-grid electric vehicle charging solutions across the US, focusing on installations for the ride-share, last-mile delivery and fleet segments. The funding will also support the expansion of L-Charge's service and sales teams to accommodate rapid growth. As the electrifica...
    News
    Huawei expands Qiankun ADS to 80 vehicle models, targeting 3 million sales by 2026
    Huawei Technologies is aiming to increase the usage of its driver assistance system, Qiankun ADS, in over 80 vehicle models by the end of 2026, up from 30 models in November 2025. The company anticipates the cumulative sales of vehicles equipped with this system to reach 3 million by the end of 2026, doubling the number from the previous year. Qiankun ADS, which is integrated into brands that Huawei collaborates with automakers on, is also supplied to other car manufacturers. It features a navig...
    News
    BYD extends warranty of Blade battery to eight years or 250,000 km in Europe
    BYD has reinforced its commitment to European customers by extending the warranty for its Blade batteries to eight years or 250,000 km, applicable to both existing and new vehicle purchases. This initiative covers all BYD new-energy vehicles (NEVs), including pure-electric and super hybrid models, which already have a basic warranty of six years or 150,000 km, a 12-year anti-perforation warranty, and an eight-year coverage for the electric-drive unit. The Blade battery warranty extension m...
    News
    Kempower restructures global leadership team
    Kempower is restructuring its global leadership team, with effect from Feb. 1, 2026. These changes aim to enhance Kempower's growth, innovation and execution in the DC fast-charging industry, while fostering efficiency and agility within the organization. CEO Bhasker Kaushal emphasized that these adjustments are intended to heighten focus and drive long-term value creation. Key structural changes include consolidating research and development under a new chief technology officer, appointing a...
    News
    Syrah Resources and Tesla extend graphite supply agreement deadline to 2026
    Syrah Resources, an Australian company, has announced an agreement with Tesla to extend the deadline for resolving an alleged breach of their graphite supply agreement. This is the third extension related to the 2021 agreement, which involves Syrah supplying 8,000 metric tons of graphite annually over four years. The agreement is crucial for Syrah's Vidalia, Louisiana, operations and the company's strategy to become the first major non-mainland Chinese supplier of graphite to the US. Tesla...
    News
    BC Hydro installs a network of over 800 EV charging stations across British Columbia province in Canada
    BC Hydro has reached a significant milestone in British Columbia's electric vehicle landscape by now offering over 800 public charging ports across the province in Canada. A key development in this initiative is the launch of its most powerful fast chargers at a new charging hub located at BCIT's Burnaby campus, which now hosts two 400-kW chargers. These chargers can add up to 100 km of driving range to an EV in approximately three minutes. Additionally, the site features two 180-kW charge...
    News
    Yokohama Tire to lay off 392 workers at Salem plant in US amid potential closure
    Yokohama Tire has announced plans to lay off 392 employees at its Salem plant in Virginia, US, as part of a reduction in production and potential permanent closure of the facility. The decision is due to the expiration of certain product life cycles and decreased demand for products manufactured at this location. The plant, employing 571 people, will see production reductions beginning in March, with all tire production potentially ceasing in July and a complete plant closure planned for...
    News
    DENSO invests $69 million in new logistics center in Lebanon, Tennessee
    DENSO plans to invest $69 million in constructing an advanced logistics center in Lebanon, Tennessee, which will retain 100 jobs in the area and enhance the company's operations and competitiveness in North America. The 280,000-square-foot facility is scheduled to begin construction in summer 2026 and open in spring 2027, replacing DENSO's current Wilson County, Tennessee, operations with a larger, technologically advanced space. The phased transition will ensure continuity for DENSO's workforce...
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    Mercedes-Benz India launches MB.Charge for seamless EV charging experience
    Mercedes-Benz India has launched MB.Charge, a unified public charging system, in the country. This service aggregates access to over 9,000 direct current fast chargers nationwide, including those from third-party providers. It enables Mercedes-Benz electric vehicle customers to locate, authenticate, charge and make payments via a single interface, removing the need for various third-party applications and prepayments. Developed over 18 months, customers can initiate and pay for charging ...
    News
    Spain’s public EV charging infrastructure reaches 50,000 operational charging points in 2025
    Spain's public electric vehicle charging infrastructure network is expected to have reached 50,000 operational charging points by the end of 2025, according to data from AEDIVE. AEDIVE is Spain's leading lobby group for electric mobility. It brings together nearly 300 companies across the entire EV value chain, ranging from manufacturers and technology providers to EV infrastructure companies, to promote the growth of EVs, develop charging stations and influence regulations to decarbonize tra...
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    Mercedes-Benz unveils charging network in Canada with high-power hubs
    Mercedes-Benz has launched its charging network in Canada with the opening of eight high-power charging hubs in the Metro Vancouver region. These sites feature 400-kW Alpitronic chargers, capable of adding up to 303 km of range in just 10 minutes. The network introduces a four-cable charging system, supporting both Combined Charging System 1 (CCS-1) and North American Charging Standard (NACS) connectors, thereby accommodating any electric vehicle without the need for adapters. Heiko Schmid...
    News
    Volvo Cars pauses Novo Energy operations amid partner challenges and rising costs
    Volvo Cars has paused operations at its battery startup, Novo Energy, due to extended challenges in finding a new partner. This decision follows the scaling back of the project and occurs as multiple battery projects across Europe face cancellations and delays over increased costs and reduced electric vehicle demand. The Novo Energy factory has been stagnant for over a year since Northvolt, the Swedish battery-maker and former co-founder of Novo Energy with Volvo Cars, ceased operations. Alex...
    News
    Ecarx secures $45.6 million investment from Geely Holding for global expansion
    Mobility technology provider Ecarx Holdings has announced a subscription agreement with Geely Investment Holding Ltd. Under the agreement, Geely Holding will subscribe for 27,297,002 newly issued Class A ordinary shares of Ecarx at $1.67 per share, totaling $45.6 million, through a private placement. The share price is based on the volume-weighted average of Ecarx shares on the Nasdaq for the 20 trading days preceding the agreement's date. The private placement's closing is contingent upon ...
    News
    Mercedes-Benz transitions to Level 2 driving system in facelifted S-Class and EQS models
    Mercedes-Benz, known for being the first German manufacturer to offer a Level 3 driving assistant in the S-Class and EQS, is transitioning to a Level 2 system in the facelifted models. The Drive Pilot system, introduced in 2021, enabled autonomous driving on motorways under specific conditions. However, it will not be included in the upcoming updates for the S-Class and EQS. Instead, the vehicles will feature the MB.Drive Assist Pro system, providing SAE Level 2++ automation with navigation...
    News
    Yokohama Rubber supplies GEOLANDAR X-CV tires for Lexus RZ electric SUV in North America
    Yokohama Rubber has announced that it is now supplying its GEOLANDAR X-CV tires as original equipment (OE) for the new Lexus RZ electric sport utility vehicle, which was introduced in North America after a redesign in November 2025. The tires supplied for this model are sized 235/50R20 100V. In Japan, Yokohama Rubber continues to provide ADVAN V61 tires for the new RZ model, available in sizes 235/60R18 103H (front) and 255/55R18 105V (rear) or 235/60R18 103H (front and rear). The GEOLANDAR X...
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    Volvo initiates global recall soon after Geely filed lawsuit against Sunwoda over battery safety issues
    Volvo Car Group, owned by mainland China's Geely Holding, has initiated a global recall of its battery-electric vehicles (BEVs) due to safety concerns with batteries supplied by Chinese manufacturer Sunwoda Electronic. This decision follows a lawsuit filed by another Geely subsidiary against Sunwoda over battery quality issues. Volvo confirmed that in the UK market, 10,440 EX30 vehicles are affected by potential safety hazards linked to Sunwoda's high-voltage batteries. In total, 33,777 EX30 ...
    News
    Xpeng plans to set up overseas supply chains teams to advance its global production network
    Xpeng plans to establish independently operated overseas localized supply chain teams in European and Association of Southeast Asian Nations markets by 2026, following its 2025 launch of local production in Europe and Southeast Asia. This initiative aims to enhance overseas supply resource deployment, improve supply chain responsiveness and support Xpeng's strategy for local production abroad. The company has accelerated its international market expansion over the past two years and aims...
    News
    UAE inaugurates one of the largest ultrafast EV charging hubs in Abu Dhabi
    The United Arab Emirates inaugurated one of the world's largest ultrafast electric vehicle charging hubs in Abu Dhabi, UAE. ADNOC Distribution, a leading mobility and convenience retailer in the UAE, announced the launch of the sixth-largest superfast EV charging hub globally and laid out a plan to electrify the UAE highway network by 2027. This development aligns with Abu Dhabi's Sustainability Week, as global leaders discuss sustainable energy futures. The EV Mega hub, located on the E...
    News
    Italy's antitrust regulator investigates A2A over EV charging services compliance
    Italy's antitrust regulator has initiated an investigation into utility group A2A regarding potential violations of EU regulations concerning its electric vehicle charging services. The case sits within a regulatory context in which charging infrastructure is treated as a strategic asset. Regulators are reviewing access conditions, operational practices and the pricing structures applied by vertically integrated operators. A2A responded by asserting that its units have adhered to princip...
    News
    Honda diversifies chip supply chain amid past shortages and reliance on Chinese suppliers
    Honda is taking steps to diversify its semiconductor procurement from both domestic and international suppliers to mitigate the risk of another shortage that previously led to significant operating profit losses late in 2025. Starting January 2026, the automaker will incorporate these new supplies into its mass-produced vehicles. The decision follows a production halt in the US and China, which was triggered by a temporary supply cutoff from Chinese-owned Nexperia due to a standoff with the Dutc...
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    LG Energy Solution faces significant operating loss due to reduced EV demand
    LG Energy Solution (LGES), a South Korean battery manufacturer, announced an expected operating loss of 122 billion won (about $83.8 million) for the fourth quarter, attributing the decline to reduced demand from electric-vehicle makers. The provided earnings guidance considers tax credits from the US Inflation Reduction Act related to the company's battery production in the US. Without these credits, LGES' operating loss would have been 455 billion won. The company plans to reveal its f...
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    Reliance halts lithium-ion cell manufacturing in India due to technology transfer issues
    Reliance Industries Ltd. (Reliance) has halted its plans to manufacture lithium-ion (Li-ion) battery cells in India due to unsuccessful attempts to acquire technology from mainland China. The company's discussions with mainland Chinese supplier Xiamen Hithium Energy Storage Technology Co. were disrupted after mainland China's restrictions on technology transfers in key sectors led to the withdrawal of the proposed partnership. Consequently, Reliance has shifted its focus toward assembling batter...
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    CATL opens largest new-energy service center in Middle East to boost electrification
    CATL has inaugurated a new battery service center in the Middle East, marking its largest such facility outside mainland China. Named Ning Service Experience Center, the newly opened center in Riyadh, Saudi Arabia, aims to bolster CATL's aftersales presence in the region and support the Middle East's transition to cleaner energy systems amid its ambitious electrification and decarbonization goals under Vision 2030. Notably, Saudi Arabia aims to ensure 30% of all vehicles in Riyadh are el...
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    General Motors scales back EV investments with $6 billion charge
    General Motors (GM) announced a $6 billion charge to scale back some of its electric vehicle investments, becoming the latest automaker to do so amid policy changes by the US Trump administration and a decline in EV demand. This decision involves reducing planned EV production, affecting GM's supply chain, and leading to a $4.2 billion cash charge related to contract cancellations with suppliers. However, GM affirmed it would continue to offer its US lineup of EV models. The financial writedo...
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    Indian EV charging startup RoadGrid raises $1.33 million in Pre-Series-A funding round
    New Delhi-based electric vehicle charging infrastructure startup RoadGrid has secured 120 million rupees (about $1.33 million) in a Pre-Series-A funding round. The funding round was led by Venture Catalysts and included participation from Kamal Puri of Skyline Group, IPV, FAAD Network, LetsVenture, Vrinda Goyal of Pace Group, Haresh Patel of Arthanomics, and Maneesh Shrivastav of Alpha Value, among other strategic and angel investors. RoadGrid develops patented universal EV chargers that are ...
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    Galp expands EV charging infrastructure in Portugal
    Portuguese energy company Galp has enhanced its electric vehicle charging network at the Alcácer do Sal and Aljustrel service stations on the A2 motorway by establishing four EV charging hubs with a total of 48 ultrafast-charging points. This expansion has tripled the existing number of charging points from 16 to 48. These new ultrafast-charging points have a capacity of up to 400 kW, allowing vehicles to recharge in under 20 minutes, with potentially faster times for vehicles capable of uti...
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    Honda extends plant shutdowns in China amid semiconductor shortage
    Honda Motor has announced the extension of operational suspensions at three Chinese factories due to a shortage of automotive semiconductor devices. This affects the sites of GAC Honda Automobile, a joint venture with Guangzhou Automobile Group, which were initially scheduled to resume operations after a five-day shutdown but will now restart on Jan. 19. Production of gasoline-powered vehicles and other automobiles will be halted through Jan. 16. Meanwhile, Dongfeng Honda Automobile, another JV&...
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    Blink integrates cryptocurrency payments at select EV charging sites in the US
    Blink Charging Co., a global provider of electric vehicle charging equipment and services, announced the introduction of cryptocurrency payments at select Blink-owned DC fast-charging sites in the US. This new payment option allows EV drivers to utilize USD Coin (USDC) on blockchain networks such as Ethereum, Arbitrum, Polygon and Base. The initiative is part of Blink's strategy to provide flexible and innovative charging solutions that enhance user convenience. Cryptocurrency payments are...
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    China Automotive Systems unveils five-year strategic plan, targets sales to surpass $2.9 billion by 2030
    China Automotive Systems Inc. (CAAS) has announced a five-year strategic plan, the Hubei Henglong Enterprise Group 2026–2030 Strategic Plan, starting Jan. 1, 2026. The strategic plan is expected to guide the mainland China-based supplier in becoming a benchmark in global automotive intelligent steering systems by 2030. The plan emphasizes a core strategy of technology leadership and expanding global presence, with the overall objective described as "23144." This objective includes surpass...
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    CES 2026: Gentex unveils new automotive and smart technologies
    Gentex Corp. is showcasing its latest automotive technologies at the Consumer Electronics Show (CES) 2026, which is taking place this week (Jan. 6–9) in Las Vegas. In addition to automotive solutions, the US-based company is exhibiting advancements in the smart home, access control and premium audio industries. At the event, Gentex's primary booth is showcasing automotive technologies, including the next-generation Full Display Mirror (FDM) with Dynamic View Assist, dimmable sun visors...
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    CES 2026: Visteon unveils intelligent cockpit electronics, AI computing, advanced displays and electrification solutions
    Visteon Corp. is presenting its comprehensive solutions at the Consumer Electronics Show (CES) 2026 in Las Vegas this week (Jan. 6–9). The company’s showcases at the annual event feature a range of production-ready intelligent cockpit electronics, AI computing solutions, advanced displays and electrification platforms. "This is not a concept showcase, but real technology, running live, and ready for the road," said Sachin Lawande, president and CEO of Visteon. "We're demonstrating how sol...
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    Xpeng expands operations into Qatar with new SUV models
    Xpeng Inc., a mainland Chinese electric vehicle company, has launched its G9 and G6 sport utility vehicle models in Qatar as part of its efforts to expand its global presence. The company also showcased products from its flying car subsidiary, Aridge, and plans to introduce its P7+ model in Qatar soon. This move follows Xpeng's strategic distribution partnership with Mauritian Axess Ltd. and Qatar's Pioneer Motors, aimed at enhancing the vehicle experience for customers. Qatar ...
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    Ithaca College boosts EV charging capacity with Recharge at IC initiative
    Ithaca College has completed the expansion of its electric vehicle charging network, enhancing sustainability and public accessibility. With the Recharge at IC initiative, the college has installed 30 new charging stations on its South Hill campus, increasing its charging capacity ninefold. Notably, this includes two dual-port DC fast chargers at the Athletics & Events Center, which are the first publicly available DC fast chargers on a New York State college campus. These stations are acces...
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    BP Pulse launches EV charging hub in Chicago
    BP Pulse, the global electric vehicle charging business of BP, has inaugurated its latest EV charging hub near Chicago's O'Hare International Airport (ORD). This hub is part of BP Pulse's initiative to create a national EV charging network, complementing existing locations near major airports such as Los Angeles (LAX), Boston (BOS), San Francisco (SFO), Fort Lauderdale (FLL) and Houston (HOU). These EV charging hubs cater to ride-hailing applications and local EV drivers, offering quick ...
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    CES 2026: Stradvision showcases SVNet FrontVision on Renesas' Gen 5 R-Car X5H platform
    Stradvision has announced a collaboration with Renesas Electronics Corp. to showcase its SVNet FrontVision perception software on Renesas’ next-generation R-Car X5H automotive system-on-chip (SoC) at the Consumer Electronics Show (CES) 2026. The demonstration features Stradvision’s camera-based front perception optimized for Renesas’ fifth-generation R-Car platform. Built on the R-Car X5H — Renesas’ first multidomain automotive SoC produced on advanced 3-nanometer (nm) process techn...
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    Seeing Machines forms Future Mobility Group to advance autonomous vehicle safety systems
    Seeing Machines, a company specializing in vision-based monitoring technology, has formed a Future Mobility Group to meet the growing demand from the autonomous driving sector and to explore new commercial opportunities. As autonomous vehicle programs transition from development to commercial deployment, there is a need for production-ready, human-centered safety systems. Seeing Machines has been working with leading autonomous-driving companies and has its Guardian-based solution installed in o...
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    Nio aims to add 1,000 battery-swap stations to its existing network in 2026
    Shanghai-based electric-car maker Nio Inc. plans to increase infrastructure development in 2026 after a slowdown in 2024 and 2025. The company announced that it will deploy fifth-generation battery-swap stations starting in 2026, with the aim of adding at least 1,000 stations throughout the year. This announcement was made by Nio Founder, Chairman and CEO William Li during a live video broadcast. Nio had unveiled its fourth-generation battery-swap station at Nio Day 202...
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    Nio to add over 4,200 long-range battery packs to its swap system across China
    Shanghai-based electric-car maker Nio Inc. plans to enhance its main brand's battery-swap network in January 2026 by adding over 4,200 long-range battery packs. According to a recent announcement, the Nio brand will incorporate 1,200 units of 100-kWh battery packs for older models and over 3,000 units of 102-kWh battery packs for newer vehicles into its swap system. This move is a response to user demand, with the aim of maintaining adequate battery supply. In December 2025, Nio set a new ...
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    CATL achieves 2025 goal of deploying 1,000 battery-swap stations across mainland China
    CATL has successfully achieved its goal of building 1,000 battery-swap stations in mainland China in 2025. Subsequently, the company has raised its target for 2026 as it plans to aggressively expand its battery-swap network nationwide.  Locally called the Choco swap station, CATL announced the completion of its 1,000th battery-swap station in Nanchang, Jiangxi, in mainland China. The company has installed a total of 1,020 swap stations across 45 cities within a year. CATL's revised ta...
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    Autoliv announces resignation of CFO Fredrik Westin
    Autoliv has announced an amendment in the resignation of Fredrik Westin, executive vice president, Finance and CFO. According to the Sweden-based vehicle safety systems supplier, Westin has agreed to continue serving in his current position until March 31, 2026. Meanwhile, the company continues to search for Westin’s successor. Westin joined Autoliv in March 2020. Prior to joining the Swedish supplier, he worked in Sandvik and Johnson Controls. This content may be AI-assisted a...
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    L&F cuts Tesla battery material deal value by 99% amid EV slowdown
    South Korean battery material supplier L&F Co. Ltd. announced a dramatic 99% reduction in the value of its 2023 supply agreement with Tesla Inc., dropping from a projected $2.9 billion to just $7,386, signaling deepening challenges in the global electric vehicle supply chain. The Seoul-based firm disclosed the sharp cut on Dec. 29 without specifying reasons, although Tesla's struggles to scale production of its next-generation 4680 battery cells and broader softening in EV demand have bee...
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    Nio builds a network of 200 battery-swap stations in Shanghai
    Nio Inc. has successfully established 200 battery-swap stations in Shanghai, where its global headquarters are situated. The 200th battery-swap station was inaugurated Dec. 28 at a Sinopec gas station, constructed through a collaboration with the Chinese oil giant. As of now, Nio operates 201 battery-swap stations in Shanghai, which contains the highest concentration of such facilities globally. To date, the company has conducted approximately 10.4 million battery-swap services in the ci...
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    LG Energy Solution cancels $2.7 billion contract with Freudenberg Battery Power Systems
    LG Energy Solution (LGES), a South Korean battery manufacturer, has announced the cancellation of a 3.9 trillion won (about $2.7 billion) contract with Freudenberg Battery Power Systems. This move follows Freudenberg's decision to abandon its battery business plans. The cancellation will result in LGES losing 13.5 trillion won in anticipated revenue, including from Ford, which recently announced a significant $19.5 billion writedown and the discontinuation of several electric vehicle models d...
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    LG Energy Solution to sell Ohio factory to Honda for $2.86 billion
    South Korea's LG Energy Solution announced plans to sell a factory building and associated assets in Ohio, US, to Honda Development and Manufacturing of America as part of a $2.86 billion deal. The agreement excludes land and equipment and is intended to enhance the operational efficiency of their joint venture. LG Energy Solution, however, will not dissolve the JV or reduce its stake, aiming instead to improve factory operations. Production at the site is anticipated to commence in 2026, wit...
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    Cylib secures €63.4 million for Europe's first industrial lithium iron phosphate battery recycling facility
    German battery recycling company Cylib has received a €63.4 million grant from the German Federal Ministry for Economic Affairs and Energy to finance the second stage of its Dormagen facility. This funding, provided through the STARK program, will allow Cylib to establish Europe's first industrial-scale lithium iron phosphate (LFP) recycling line, increasing the facility's total capacity to 60,000 metric tons per year, equivalent to 140,000 electric vehicle batteries. Established in 2022 in...
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    Changan’s EV arm Deepal secures $874 million in Series-C funding
    Deepal, the electric vehicle unit of leading mainland Chinese vehicle manufacturer Changan Automobile, has successfully completed its Series-C funding round, raising 6.122 billion yuan (about $874 million). This funding is set to enhance Deepal's ability to compete in the intense EV market. The round introduced two new shareholders — Chongqing-based state-owned enterprise Yufu Holding Group and CMB Financial Asset Investment, a subsidiary of China Merchants Bank. Following the investment...
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    CATL's Yichun lithium mine to resume operations by Lunar New Year
    The lithium mine operated by CATL in Yichun, Jiangxi, is expected to resume operations in about two months after being shut down in August 2025 due to an expired mining permit in mainland China. The mine is anticipated to restart around the Lunar New Year in February 2026, with the holiday running from Feb. 15 to 23, 2026. CATL halted operations on Aug. 10, 2025, which led to a spike in lithium carbonate prices. During the halt, CATL was working on renewing the permit. Reports in November 202...
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    Hubject expands intercharge platform with Shell Recharge for seamless EV charging
    Hubject, a global entity in electric mobility solutions, has enhanced its intercharge roaming platform by incorporating Shell Recharge, Shell's public electric vehicle charging network. This development signifies an important advancement in Hubject's mission to simplify and unify EV charging across Europe. The inclusion of Shell Recharge's widespread network within the intercharge platform facilitates borderless access for EV drivers and mobility service providers, allowing them to locate, ...
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    Waymo to update software across fleet after major power failure fiasco
    Waymo has announced plans to enhance its automated software to better navigate power outages after its self-driving taxis stalled and contributed to traffic congestion in San Francisco. This decision follows an incident where the vehicles were affected by a significant power outage that left 7,000 traffic lights inoperable on Dec. 20. The company explained that its vehicles sometimes require a "confirmation check" to ensure safety, but the outage led to a surge in these requests, affecting its r...
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    CATL subsidiary launches longest battery swap-enabled route for heavy-duty electric trucks in mainland China
    Qiji Energy, a subsidiary of CATL, has launched its longest battery-swap route for heavy-duty electric trucks in mainland China. The battery swap-enabled route is a 1,250-km stretch on the Shanghai-Chengdu Expressway's Sichuan-Chongqing-Hubei section in mainland China. Qiji Energy specializes in heavy-duty truck battery-swap solutions, with its stations being compatible with over 95% of mainstream truck models, enabling battery swaps in about five minutes. Each battery module has a ca...
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    Fastned expands EV charging footprint in the North East UK
    Fastned has expanded its operations in the UK, marking a significant milestone with the opening of two new ultrarapid-charging stations in North East England, near Newcastle Airport and on North Moor Road, Sunderland. The Callerton Parkway Metro station hub, located near Newcastle Airport, opened on Dec. 16, offering 12 drive-through bays under a full canopy for convenient charging. Meanwhile, the Sunderland-based electric vehicle charging hub on North Moor Road, which opened on Dec. 22, f...
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    Hubject partners with Numocity to enhance Plug&Charge technology across multiple regions
    Hubject has announced a strategic partnership with Numocity to incorporate Hubject's ISO 15118-based Plug&Charge technology into Numocity's charging management platform. This collaboration aims to enable charge-point operators (CPOs) and e-mobility service providers to manage charging networks seamlessly across more than 20 countries, focusing on markets in India, the Asia-Pacific and the Middle East. The integration offers a single contract solution for automated, frictionless charging, eli...
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    Lithium Royalty Corp. acquires 1.5% royalty on Goulamina project in Mali for A$40 million
    Lithium Royalty Corp. (LRC) has entered into a definitive agreement to acquire a 1.5% Trailing Product Sales Fee (TPSF) royalty on the Goulamina lithium project in Mali from Leo Lithium Ltd. for A$40 million. The Goulamina project is operated by Ganfeng Lithium Co. Ltd., a significant player in the lithium market, and is expected to produce up to 500,000 metric tons of spodumene concentrate per annum. The transaction is structured to be completed in two phases, with the initial payment of A$2...
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    Zeekr delists from NYSE, completes merger with Geely
    Zeekr Group has finalized its merger with leading mainland Chinese automaker Geely Automobile Holdings, becoming a wholly owned subsidiary of the latter and ceasing to be a publicly traded company. Following the merger, Zeekr has requested the NYSE to suspend trading of its American Depositary Shares (ADS) by Dec. 22, 2025, and to notify the SEC of its delisting and deregistration of securities. This merger is part of Zhejiang Geely Holding Group's broader restructuring strategy, which aims t...
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    Hyundai Motor appoints Manfred Harrer as the president and head of R&D division
    Hyundai Motor Group has announced executive appointments for 2026, aiming to accelerate its transformation into a software-driven mobility group and bolster its leadership in technology and research and development. The appointments focus on promoting experts in key business areas to address global uncertainties. Manfred Harrer will become president and head of the R&D Division, enhancing Hyundai's software-defined vehicle  (SDV) competitiveness through collaboration in software domains...
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    Battery-swapping startup Ample files for Chapter 11 bankruptcy amid financial challenges
    San Francisco-based Ample, a battery-swapping startup, filed for Chapter 11 bankruptcy in the US Bankruptcy Court for the Southern District of Texas on Dec. 16. The company, known for developing fully automated, modular battery-swapping systems and charging infrastructure, aims to either sell its business or restructure its finances through the filing. Despite raising over $330 million since its inception in 2014, Ample reports assets ranging from $10 million to $50 million and liabiliti...
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    Momenta partners with Grab to advance autonomous driving in Southeast Asia
    Momenta has formed a strategic partnership with Grab, Southeast Asia's superapp, which includes an investment from Grab. This collaboration aims to introduce advanced autonomous driving technologies to the region's complex urban mobility sectors. Momenta employs a dual approach to deploying this technology, partnering with automakers such as Mercedes-Benz and BMW for advanced driver assistance systems and advancing its robo-taxi technology for commercial use. The partnership with Grab focuses...
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    Kodiak AI delivers first autonomous truck with Kodiak Driver to Atlas Energy Solutions
    Kodiak AI and Roush Industries, a product development supplier, recently announced the delivery of the first autonomous truck equipped with the Kodiak Driver system by Roush. This truck, prepared at Roush's facility in Livonia, Michigan, was delivered to Atlas Energy Solutions Inc. in August 2025. Since December 2024, Atlas has been receiving Kodiak Driver-equipped trucks and has commenced driverless operations in the Permian Basin, with a total of eight trucks delivered so far as part of a 100-...
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    Waymo seeks $10 billion funding at $100 billion valuation amid autonomous vehicle competition
    Alphabet's self-driving vehicle unit, Waymo, is reportedly in discussions with potential investors to raise funds at a valuation of at least $100 billion, according to a report from The Information. The financing round could potentially exceed $10 billion, with plans to arrange it in early 2026. Bloomberg News has also reported that Waymo aims to raise over $15 billion, with Alphabet leading this effort.  Waymo, which was established from Google's self-driving car project in 2016, offers...
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    PowerCo launches Salzgitter gigafactory with Unified cells production
    PowerCo SE has launched the Salzgitter, Germany, gigafactory, beginning the production of the first Unified Cells entirely within Europe, bolstering Volkswagen Group's position in battery technology. The cells, once produced, will be delivered for final road tests to brands including Volkswagen, ŠKODA and SEAT/CUPRA, with a debut in the Electric Urban Car Family planned for 2026. Volkswagen CEO Oliver Blume emphasized the strategic importance of this development, marking Volkswagen as the fi...
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    Factorial and Cartesian Growth announce merger to advance solid-state battery technology
    Factorial Inc. and Cartesian Growth Corp. III have announced a definitive business combination agreement aimed at accelerating the commercialization of Factorial's high-power, lightweight, solid-state battery technology. This agreement, which values Factorial at approximately $1.1 billion on a pre-money, pre-merger basis, includes $100 million in new capital from institutional investors in a private placement of common stock. Upon completion, the combined entity will be listed on the Nasdaq u...
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