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    US automakers, battery suppliers rationalize excess battery capacity, pivot to energy storage systems
    In December 2025, Ford Motor Co. and SK On announced plans to end their $11.4 billion battery joint venture — BlueOval SK — as part of their broader business overhaul amid a slowdown in demand for battery-electric vehicles (BEVs) and the end of government subsidies under the Inflation Reduction Act (IRA). The decision to cease the battery JV came as the two companies sought to avoid accumulating losses from EV battery operations in a market witnessing policy shifts away from BEVs and to r...
    Insights
    European New Car Assessment Program’s button mandate forces a rethink of the digital cockpit
    For more than a decade, the automotive industry followed a clear trajectory: digitize the driving experience, replace physical controls with touchscreens and let software define the cockpit. From 2026, Europe’s most influential vehicle safety assessor will begin to reverse that logic. Under revised protocols, the European New Car Assessment Program (EuroNCAP) will explicitly reward vehicles that provide physical controls for essential driving functions, such as indicators, hazard lights, wi...
    Insights
    Forvia Hella unveils Front Phygital Shields for BMW iX3 enhancing design and functionality
    Forvia Hella has introduced the Front Phygital Shields for the all-electric BMW iX3, marking a pioneering moment in automotive design and production. These innovative shields are large-scale, integrative modules for the vehicle front and are developed and produced in Ljubljana, Slovenia, which is the global competence center for car body lighting at Forvia Hella. The shields represent a new product category by integrating lighting technology, design elements and sensing capabilities. This scalab...
    News
    BMW launches the new all-electric i3 with up to 900-km range
    In a press release dated March 18, BMW announced the launch of the new BMW i3, the second model of the Neue Klasse. The BMW i350 xDrive, the first all-electric BMW 3 Series, features electric motors on both front and rear axles. With a combined system power output of 345 kilowatts/469hp, it boasts a maximum torque of 645 Newton meters (N.m). The BMW i3 has a range of up to 900 kilometers in the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) test cycle and offers rapid charging capab...
    News
    Ionna expands EV charging network with automaker-backed loyalty programs and benefits
    Ionna, a high-speed charging network backed by eight automakers — BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis and Toyota — has opened 100 charging sites over a year and has 340 more in its pipeline. Currently operating just under 1,000 charging bays and with 3,700 more such charging facilities planned, Ionna has also launched new benefits for electric vehicle buyers from its funding automakers, such as a 10% discount for General Motors EVs on charging sessions. ...
    News
    Nexen Tire to supply N'FERA Sport ultra-high-performance tire as original equipment for BMW iX3 electric SUV
    Nexen Tire will supply its N'FERA Sport ultra-high-performance tire as original equipment for the new BMW iX3 electric sport-utility vehicle. The N'FERA Sport delivers superior performance in dry and wet conditions through features such as a wider longitudinal groove for improved drainage and a block design for high-speed handling. The tire's tread compound enhances grip and braking, while sidewall reinforcements ensure stability during cornering. The South Korean tiremaker has expanded its s...
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    BMW and CATL expand partnership with pilot projects on battery passport framework
    BMW and CATL are set to launch pilot projects focusing on trusted data exchange and carbon footprint accounting under the Battery Passport framework, reflecting the expansion of their strategic partnership beyond battery procurement to broader institutional coordination. This initiative was announced during German Chancellor Friedrich Merz's visit to mainland China, where BMW Group and CATL signed an agreement to enhance collaboration in battery supply chain decarbonization and cross-border d...
    News
    BMW recalls over 58,000 vehicles in the US due to wiring harness issue
    BMW has announced a safety recall affecting 58,713 vehicles in the US due to a potential fire hazard linked to the air conditioning system’s electrical wiring harness. The recall has been registered with the US National Highway Traffic Safety Administration under campaign number 26V-096. The action covers several recent models across BMW’s 5 Series, 7 Series and M portfolios, including: The 2023–2025 i7 xDrive60 The 2024–2025 750e xDrive, i5 M60 xDrive and i7 eDr...
    News
    BMW plans transition from Level 3 to Level 2 automated driving system in 7 Series
    BMW plans to discontinue the Level 3 eyes-off automated driving system in its 7 Series with a model update scheduled for the end of April. The updated 7 Series will feature a newly developed Level 2 driver assistance system from BMW's Neue Klasse technology platform, already being introduced in the iX3 and set for broader application across future models. The current Level 3 system, known as Personal Pilot L3, allows conditional automated driving, but BMW cites cost and limited real-world applic...
    News
    BMW-backed HeyCharge secures €2.5-million grant from EIC Accelerator
    HeyCharge, a technology company based in Munich and supported by BMW i Ventures, Statkraft Ventures and Y Combinator, has received a €2.5-million grant from the European Innovation Council Accelerator. This funding is directed toward the SecureCharge FLEX project, which aims to overcome challenges in installing electric vehicle (EV) chargers in multiunit residential buildings, specifically addressing unreliable connectivity and high installation costs. Chris Cardé, HeyCharge's founder a...
    News
    EU draft policy to mandate 70% local content for EVs to qualify for subsidies
    The EU is working on a new draft policy that aims to mandate electric vehicles to have at least 70% of their components produced within the EU, excluding batteries, to qualify for state support and subsidies. This policy is part of a broader strategy to protect the EU's €2.6 trillion manufacturing sector and to counteract challenges such as competition from low-cost Chinese products, high-energy prices and stringent climate regulations. Additionally, the policy is expected to requir...
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    Thyssenkrupp opens new axle manufacturing plant in Bavaria, Germany
    Thyssenkrupp Automotive Technology, the automotive division of the Germany-based thyssenkrupp, opened a new axle assembly plant in Allershausen, north of Munich. The new plant represents a mid-double-digit million-euro investment and is expected to generate about 250 new jobs. The plant is dedicated to assembling front and rear axles for new BMW vehicle generations, marking a significant expansion of thyssenkrupp's production and logistics network in Germany. Volkmar Dinstuhl, CEO of thyssenk...
    News
    Hyundai, Kia and BMW recall nearly 180,000 vehicles in South Korea over software defects
    Hyundai Motor, Kia and BMW are set to voluntarily recall a total of 179,880 vehicles in South Korea from 51 different models due to software-related manufacturing defects, the Yonhap News Agency reported Feb. 11, citing the South Korean Transport Ministry. Hyundai Motor plans to recall 36,603 units of the Porter II Electric due to a software error that could affect braking performance. Additionally, Hyundai will address issues in 39,148 vehicles across 20 models, including the Grandeur and So...
    News
    BMW partners with E.ON for Germany's first vehicle-to-grid offer
    BMW Group and E.ON have announced Germany's first vehicle-to-grid (V2G) offer, allowing customers to charge their BMW iX3 at home for free up to 14,000 km annually. The initiative is part of BMW's Neue Klasse, which integrates V2G, vehicle-to-home (V2H) and vehicle-to-load (V2L) capabilities into BMW electric vehicles. Customers purchasing the BMW iX3 enjoy a €700 discount on the bidirectional BMW Wallbox Professional, along with a V2G electricity tariff from E.ON. This package includes an ...
    News
    BMW recalls over 87,000 vehicles in US due to issue with the engine starter
    BMW North America is recalling 87,394 vehicles in the US to fix an issue with the engine starter that may cause it to overheat and, in extreme cases, pose a fire risk. According to BMW Blog, the recall affects multiple model lines, including the BMW 3 Series, X3, X4, 4 Series, 5 Series, Z4 and 2 Series coupe, as well as some Toyota Supra vehicles that share similar engines. According to BMW, unexpected wear on an internal component can cause the starter to stop working properly, sometimes sur...
    News
    BMW commences preproduction of new i3 models in Munich
    The BMW Group plant in Munich has begun producing pre-series vehicles of the new BMW i3, marking the next phase of preparation for series production, which is set to commence in the second half of 2026. Peter Weber, head of the BMW Group Plant Munich, highlighted this as a significant milestone, as it marks the first time a BMW i3 has been manufactured entirely within the plant using advanced production technology and digitally connected processes. This near-series production phase al...
    News
    ZF, BMW sign long-term supply agreement on passenger car drives
    ZF Friedrichshafen AG and the BMW Group have entered into a long-term agreement focused on the development and supply of an 8-speed automatic transmission (8HP) for passenger-car drive systems. The deal, valued at several billion euros, is set to last until the late 2030s and aims to foster technology advancement and low-emission mobility for both companies. Mathias Miedreich, CEO of ZF, emphasized the importance of this partnership in promoting innovation, efficiency and sustainability wi...
    News
    Samsung SDI revenue drops 20% YOY to 13.27 trillion won in 2025
    Samsung SDI has reported its fourth-quarter and full-year financial results for 2025. In the final quarter of 2025, the company achieved revenue of 3.86 trillion won (approximately $2.6 billion) with an operating loss of 299.2 billion won. This revenue marks a 26.4% increase quarter over quarter and a 2.8% increase year over year. The operating loss was halved from the previous quarter, indicating a gradual improvement in business performance. The annual financial summary for 2025 showed reve...
    News
    BMW partners with BlackBerry to integrate QNX software into next-generation vehicle platform
    BMW is partnering with BlackBerry to integrate QNX software into its next-generation vehicle platform. This agreement involves embedding BlackBerry's real-time operating system and AI capabilities into BMW's foundational vehicle architecture, enhancing BlackBerry's role in the automotive software sector and strengthening its relationship with a major automaker. This partnership underlines BlackBerry's shift from consumer hardware to a focus on safety-critical software for vehicles, leveraging fe...
    News
    Motherson Group expands operations in Hungary with €95.4 million investment
    Samvardhana Motherson International Ltd., an India-based automotive supplier also known as Motherson Group, is expanding its operations in Hungary through several investments, including a research and development program and the establishment of a regional services center. The company’s €54 million R&D project focuses on AI-based sensors and advanced visual systems integrated into rearview mirrors. The investment is set to create 55 new jobs for automotive product development professi...
    News
    BMW and Qualcomm introduce Ride Pilot ADAS for third-party automakers
    BMW and Qualcomm have collaborated to create an advanced driver assistance system known as Ride Pilot, which is now available for use by third-party automakers. Qualcomm Europe President Enrico Salvatori confirmed the existence of additional customers for the system during a discussion at the Consumer Electronics Show (CES) 2026, though specific details on these customers or a timeline for their announcement were not provided.  Qualcomm and BMW have been in talks with various automakers ...
    News
    ZF Foxconn commences e-axle assembly operations for BMW EVs in Debrecen, Hungary
    ZF Foxconn Chassis Modules has officially opened its new e-axle assembly plant in Debrecen, Hungary. The facility, which required an investment of €26.7 million, was completed in just 13 months and is dedicated to the just-in-sequence assembly of electrified front and rear axles for BMW's New Class platform. It contributes to the strategic positioning of the region as a hub for e-mobility and automotive production. The plant is expected to create a total of 550 jobs in Debrecen and Kecskem...
    News
    CES 2026: New BMW iX3 debuts Intelligent Personal Assistant built on Amazon Alexa+ technology
    In 2026, BMW plans to enhance its Intelligent Personal Assistant by integrating it with Amazon's AI Alexa+ architecture, starting with the iX3 model. This probably marks BMW as the first automaker to utilize this AI assistant technology in vehicles, enabling more intuitive and intelligent interactions between passengers and the vehicle. For the first time, users will be able to ask multiple questions in a single sentence, addressing both vehicle features and general knowledge topics. The integra...
    News
    BMW recalls over 36,900 X3 models for steering software issue
    BMW has announced a voluntary safety recall for specific 2025–2026 BMW X3 models due to a software issue in the steering system, which can occasionally cause unintended steering wheel movement while the vehicle is stationary. The recall impacts 36,922 vehicles, including the X330 xDrive and X3 M50 xDrive, manufactured between Aug. 14, 2024, and Oct. 20, 2025. The problem lies with the steering torque sensor's software, which may not detect channel malfunctions correctly when the vehicle is ...
    News
    Samvardhana Motherson agrees to acquire Nexans AutoElectric's Wiring Harness business for €207 million
    The board of directors of leading Indian auto parts supplier Samvardhana Motherson International Ltd. (SAMIL) has approved the acquisition of certain assets of Nexans AutoElectric GmbH and Elektrokontakt GmbH for €207 million. The acquisition, to be carried out through Motherson Global Investments BV (MGI BV), a wholly owned subsidiary of SAMIL, is subject to employee consultations and regulatory approvals. Nexans AutoElectric is a well-known manufacturer specializing in automotiv...
    News
    BMW and Encory launch innovative direct recycling of batteries to recover critical materials
    The BMW Group, in collaboration with Encory GmbH, has officially commissioned the new Cell Recycling Competence Center (CRCC) in Salching, Lower Bavaria, marking a significant advancement in innovative direct recycling of electric vehicle batteries. The center aims to facilitate the reuse of battery raw materials by directly feeding residual materials from battery cell production back into the cell production cycle, eliminating the need for energy-intensive chemical or thermal processing. Onc...
    News
    BMW working with Luyuan Group to bring smart micromobility to global cities
    The BMW Group has granted licenses for two micromobility concepts to its partner, the Luyuan Group, at a signing ceremony in Hangzhou, mainland China. The licensed concepts, the Dynamic Cargo and Clever Commute, were developed to address urban mobility challenges. The Dynamic Cargo is a versatile electric three-wheeled cargo bike with innovative transport options and a modular weather protection system, while the Clever Commute is an e-kickscooter designed for convenient folding and transport wi...
    News
    Statiq collaborates with BMW Group to set up expansive EV charging corridor in India
    Statiq, identified as India's largest electric vehicle charging network, has collaborated with BMW Group India to establish a 4,000 km high-speed charging corridor from Jammu, India, to Madurai, India. The partnership aims to provide reliable, high-power charging stations every 300-350 km, easing travel for EV owners by reducing range anxiety. The charging stations will offer a minimum of 120-kW capacity, reaching up to 720 kW in select locations, and will be accessible to all EV brands. Addi...
    News
    IONNA to invest $250 million to expand EV charging network in California
    IONNA, a joint venture and nationwide electric vehicle charging network, has announced a planned investment of over $250 million in California's EV infrastructure. The investment aims to expand the network of Rechargery stations across major metropolitan cities in the state over the next three years, as part of an initiative first revealed in May. The recent weeklong kickoff tour in cities such as San Francisco, Sacramento, San Diego, San Jose and Westminster marks a significant milestone, wi...
    News
    Navigating the software-defined vehicle landscape with BMW, Valeo Brain and KPIT
    This analysis summarizes insights from an Autology podcast featuring Joachim Mathes, CTO of Valeo Brain; Venkatraman V, senior practice director at KPIT; and Christoph Grote, senior vice president of Electronics and Software at BMW Group, hosted by Jeremie Bouchaud, director of Autonomy, E/E & Semiconductor, SDV at S&P Global Mobility. The discussion focuses on the transformative potential of SDVs in the automotive industry, emphasizing the integration of sophisticated software capabilit...
    Insights
    Svolt Energy to begin deliveries of its first-generation semisolid-state batteries in 2026
    Chinese battery manufacturer Svolt Energy plans to begin volume deliveries of its first-generation semisolid-state batteries in 2026. The mass production of these batteries is scheduled for 2026, as announced by Yang Hongxin, chairman and CEO of Svolt, at the 2025 World Power Battery Conference on Nov. 12. The company has completed the development of first-generation semisolid-state square cells, which have an energy density of 270 Wh/kg. These battery cells are set to enter C-sample batch...
    News
    BMW and IBM collaborate to advance cognitive automotive technology
    BMW Group has partnered with IBM to explore advancements in cognitive, data-driven automotive experiences using IBM's Watson IoT platform. Announced at IBM's Munich IoT headquarters, this collaboration seeks to enhance the interaction between drivers and their vehicles, making them more intuitive and responsive. BMW engineers, working alongside IBM data scientists, focused on creating smart in-car systems that could learn driver habits, predict needs, and enable voice or gesture-based interactio...
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    Yokohama Rubber supplies ADVAN Sport V107 tires for BMW i3 electric
    Yokohama Rubber is supplying its ADVAN Sport V107 tires as original equipment (OE) for the BMW i3 battery-electric car, which is available in mainland China and other markets. The Japanese tiremaker is offering the ADVAN Sport V107 tires in two size sets: The 19-inch set features 225/45R19 96Y front tires and 245/40R19 98Y rear tires, while the 18-inch set includes 225/50R18 99Y front tires and 245/45R18 100Y rear tires. The ADVAN Sport V107 is an ultrahigh-performance tire from Yokohama Rubb...
    News
    BMW introduces Motorway Assistant with UN approval for enhanced driver assistance
    BMW is enhancing its driver assistance systems with the Motorway Assistant for the new BMW iX3, which will be available in multiple European countries following the company receiving approval in accordance with UN Regulation No. 171 for driver control assistance systems (DCAS), according to an Oct. 30 press release. The regulation provides a framework focusing on customer safety for Level 2 driver assistance systems. The Motorway Assistant allows drivers to take their hands off the steering w...
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    Solid Power collaborates with Samsung SDI and BMW for all-solid-state battery development
    Solid Power Inc. has announced a strategic collaboration with Samsung SDI and BMW Group to advance the development of all-solid-state battery (ASSB) technology for a demonstration vehicle. The collaboration aims to combine the expertise of the three companies to bring ASSB technology closer to commercialization. Solid Power will supply sulfide-based solid electrolyte to Samsung SDI, which will be incorporated into cells for evaluation based on mutual technical requirements. The ultimate goal ...
    News
    Microchip and AVIVA Links achieve Automotive SerDes Alliance Motion Link interoperability
    Microchip Technology and AVIVA Links have achieved the Automotive SerDes Alliance Motion Link (ASA-ML) interoperability milestone, marking a shift toward open standards in automotive connectivity. In October, AVIVA Links announced its acquisition by NXP Semiconductors, reflecting industry support for ASA-ML standards. ASA-ML is being increasingly adopted by original equipment manufacturers and tier 1 suppliers for in-vehicle networking due to its high-speed communication capabilities for cameras...
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    Green NCAP introduces Sustainability Ratings to assess environmental impact of cars
    The Green New Car Assessment Program (Green NCAP), an independent organization that promotes the development of clean and energy-efficient vehicles, has introduced a new Sustainability Ratings system to evaluate the environmental impact of cars throughout their lifetime, taking into account factors such as efficiency, real-world range and charging capabilities. This assessment includes a Life Cycle Assessment (LCA), which evaluates emissions from production to disposal. Among the 12 cars tested,...
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    BMW plans to commence production of its first Neue Klasse model, iX3, at its Debrecen facility in Hungary
    The BMW Group is entering the final stage before launching its first Neue Klasse model, the BMW iX3, with series production slated to start in late October at its newly established plant in Debrecen, Hungary. This facility represents the latest and most advanced addition to BMW's global production network, built under its strategic vision called the BMW iFACTORY. The plant aims for highly efficient production processes without using fossil fuels, leveraging digital advancements right from the...
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    Innoviz Technologies enhances autonomous driving with advanced lidar sensors
    Innoviz Technologies Ltd. is advancing the autonomous driving sector by developing lidar sensors that enhance a vehicle's ability to perceive its environment. These sensors are crucial for the operation of self-driving cars, acting as advanced visual systems. The company has formed important partnerships with major automotive firms such as BMW and Volkswagen, incorporating its technology into vehicles such as the BMW 7 Series and Volkswagen's ID. Buzz electric van, which utilizes multiple sensor...
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    BMW and E.ON launch Germany's first V2G solution for private customers
    BMW Group and E.ON have announced the launch of Germany's first vehicle-to-grid (V2G) solution for private customers, marking a significant milestone in the integration of electric vehicles with the energy market. This innovative solution enables the BMW iX3 to not only consume electricity but also feed energy back into the grid, facilitating its role as a flexible energy storage unit. Through this system, customers can charge their vehicles for up to 14,000 km annually at no cost, without af...
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    CATL plans to begin production operations at its plant in Hungary by early 2026
    Chinese battery-maker CATL is set to commence production at its Debrecen facility in eastern Hungary within the next few months, enhancing its European manufacturing capacity. The company, according to a Reuters report, plans to start production by the end of 2025 or early 2026. The new plant, with an annual capacity of 100 GWh and 9,000 employees, will be larger than CATL's European facility in Thuringia, Germany. This expansion aims to bolster battery production for automakers such as BMW, ...
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    Yokohama Rubber provides ADVAN Sport tires for BMW's 7-Series sedans
    Yokohama Rubber is supplying the BMW Group with ADVAN Sport V107 tires for its 7 Series luxury sedans, including the BMW i7, the first battery-electric vehicle (BEV) model. The Japan-based tiremaker is offering front and rear tires in sizes 255/45R20 105Y, 285/40R20 108Y and 245/50R19 105Y. These ultrahigh-performance tires, part of Yokohama's global flagship ADVAN brand, were developed in collaboration with BMW and feature a unique compound and optimized tread pattern for superior steering s...
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    QNX partners with NVIDIA on Drive AGX Thor for autonomous vehicle development
    QNX, a division of BlackBerry Ltd., announced its involvement as a key partner in the general availability of the NVIDIA Drive AGX Thor development kit. This platform is designed to support the future of autonomous vehicles by integrating QNX OS for Safety 8, which offers advanced AI performance, safety features and scalability. The NVIDIA Drive AGX Thor enables developers to efficiently progress from prototype to production in creating next-generation autonomous driving systems. At its cor...
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    BMW Group targets 2028 for series production of hydrogen fuel-cell systems
    BMW Group is advancing toward series production of its fuel-cell systems, with a target start date in 2028 at the BMW Group Plant in Steyr. The third generation of the company's hydrogen drive system is being developed, with prototypes already being constructed at competence centers in Munich and Steyr. The technology hub in Landshut will supply additional components. This move strengthens BMW's commitment to maintaining a European innovation footprint and highlights the expertise required fo...
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    BMW i Ventures invests in US-based startup Rive to enhance digital experiences
    BMW i Ventures, the corporate venture capital arm of the BMW Group, has announced an investment in Rive, a Silicon Valley, US-based company known for redefining the process of designing and delivering user interfaces (UI) for various applications, including in vehicles. BMW i Ventures joins other investors such as Andreessen Horowitz, Two Sigma and Duolingo, the mobile learning platform that already utilizes Rive to enhance real-time, interactive experiences. Rive's platform enables desi...
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    Cineverse and Xperi collaborate to launch in-vehicle video streaming apps
    Nasdaq-listed entertainment studio Cineverse has announced its partnership with Xperi to introduce four of its streaming channels to automobiles and televisions. These channels will be accessible in new BMW models in the US via the DTS AutoStage Video Service Powered by TiVo and integrated into TiVo OS for TVs later in 2025. Verse Karaoke is available internationally and will be part of this service, marking the company's entry into in-car infotainment through Matchpoint, a media supply cha...
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    IAA Mobility 2025: BMW Group to unveil the first Neue Klasse and other EV models
    During IAA Mobility 2025 in September, the BMW Group will present its latest innovations at two prominent locations: Munich’s exhibition center (Messe München) and Open Space in Max-Joseph-Platz square, right in front of the opera house. The German automotive group will present the BMW iX3, the first Neue Klasse model, featuring advancements in electric mobility, digitalization and sustainability. The BMW iX3 will be a focal point, showcasing innovations such as the BMW Panoramic iDrive ...
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    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...
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    Hankook Tire supplies EV-dedicated high-performance tire for BMW iX electric SUV
    Hankook Tire will supply the electric vehicle-dedicated performance tire iON evo SUV and the all-season tire iON evo AS SUV as original equipment (OE) fitment for BMW’s iX electric sport utility vehicle, Maeil Business News Korea reported Aug. 19. To support the high performance of BMW's popular electric SUV, Hankook has utilized its iON Innovative Technology in both tire models. The iON evo SUV tire reduces the in-cabin noise by up to 18% and increases the cornering stiffness by 10%. ...
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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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    BMW Group’s plant in Steyr commences series production of electric engines for Neue Klasse range
    The BMW Group Plant Steyr in Austria has commenced the series production of the electric engine for the Neue Klasse range of electric vehicles, marking a significant step for BMW's future. This production site in Austria is the first to produce the sixth-generation BMW eDrive (Gen6) electric engine, which is central to the Neue Klasse models. The e-engine production fulfills a promise made three years ago by BMW to enhance its production capabilities. Between the project's launch in 2022...
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    Lear’s Q2 FY 2025 net income declines 4.5% year over year to $165.2 million amid stable sales
    Lear Corp. has reported a 4.5% year-over-year decline in net income to $165.2 million in the second quarter ended June 30, 2025, as net sales remained unchanged at $6 billion, recorded during the same period in 2024. Excluding the impact of commodities, foreign exchange, tariff recoveries, and acquisitions and divestitures, sales were down 1%, reflecting lower production on key platforms, which was partially offset by new business wins in both the Seating and E-Systems business. The company also...
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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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    Svolt Energy plans to commence trial production of its semisolid-state batteries in Q4 2025
    Svolt Energy is set to begin trial production of its first-generation semisolid-state batteries with a capacity of 140 ampere-hours (Ah) in the fourth quarter of 2025, as reported by Cailian. The news report cited Svolt Chairman Yang Hongxin. These batteries will be produced on Svolt's mass production line for semisolid batteries and are intended for BMW's MINI next-generation models, with mass production scheduled for 2027. The semisolid batteries are soft-pack with an energy densi...
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    ChargeScape and PSEG Long Island partner to enroll BMW and Ford EVs in grid reliability program
    ChargeScape, a joint venture comprising BMW, Honda, Ford and Nissan, has partnered with PSEG Long Island to enroll electric vehicles in the utility's Peak Load Reduction program. This collaboration marks the first instance of such an initiative in the nine-year history of the utility's programs aimed at reducing peak load. The initiative, which is designed to alleviate pressure on the power grid during summer, utilizes ChargeScape's AI-powered technology platform. It plans to integrate o...
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    IONNA collaborates with Wawa to expand EV charging network in the US
    IONNA, an electric vehicle charging joint venture founded by eight global automakers, announced a new collaboration with Wawa. The partnership represents IONNA's largest EV charging commitment to date, advancing its goal of 30,000 charging bays by 2030. The collaboration will also enhance Wawa's existing EV charging infrastructure by adding EV charging stations with amenities such as car care facilities, canopy coverage and access to Wawa's signature products and services. The first EV cha...
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    BMW utilizes 3D printing for sustainable production with recycled materials
    BMW has implemented a sustainable initiative using 3D printing technology to create new components from waste materials. This involves transforming waste 3D printing powder and used parts into plastic wire (filament) and granulate, which are then used to produce components such as auxiliary production devices and tools. The Additive Manufacturing Campus in Oberschleißheim, Germany, and various global BMW production sites utilize this recycled filament and granulate. The initiative, which beg...
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    Microchip introduces first ASA-ML camera platform with partners for Japanese automotive market
    According to a press release on July 2, Microchip Technology has collaborated with camera module supplier Nippon Chemi-Con Corp. and video-testing solutions provider NetVision to facilitate the adoption of Automotive Serdes Alliance Motion Link (ASA-ML) in advanced driver assistance systems. They have introduced the first ASA-ML camera-development platform for the Japanese automotive market, featuring scalable high-speed asymmetric data rates and hardware-based link-layer security to comply with...
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    Mainland Chinese battery company EVE Energy files for public listing in Hong Kong
    EVE Energy, a leading mainland Chinese battery-maker, has filed for public listing in Hong Kong. It plans to utilize the proceeds to construct its production facilities in Hungary and Malaysia. Founded in 2001, EVE Energy was listed on the ChiNext stock market in Shenzhen, mainland China, in 2009. From its first public listing to Dec. 31, 2024, the company experienced a revenue compound annual growth rate (CAGR) of 43.9% and a net income CAGR of 36.4%. EVE Energy specializes in consum...
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    BMW adopts natural fiber composites for series production models to cut CO₂e emissions
    BMW announced plans to utilize natural fiber composites in its series-production models after successful application in racing cars, the automaker said in a press release on June 17. After years of development and research, these composites, derived from renewable raw materials, have been deemed suitable for meeting the strict requirements of roof structures in vehicle homologation. Developed in collaboration with Bcomp, a Switzerland-based clean-tech company, these flax-based lightweight com...
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    BMW Group Korea, KERI partner to establish EV charging interoperability testing center
    BMW Group Korea, led by CEO Han Sang-yoon, has entered into a business agreement with the Korea Electrotechnology Research Institute (KERI) to establish a Global Interoperability Testing Center (GIOTEC). The testing center, which is set to open in the second half of this year at KERI's Ansan branch, aims to enhance the compatibility of EV charging systems by evaluating interoperability among various EV models and charging systems. The collaboration between BMW and KERI intends to improve t...
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    Apple announces major CarPlay enhancements and digital Car Key expansion at WWDC 2025
    At the worldwide developers conference 2025, Apple introduced extensive updates to CarPlay set to be released with iOS 26 later this year. These updates include a modernized liquid glass interface, interactive widgets, enhanced messaging and more user-friendly controls. A major expansion in the Wallet app's digital car key feature was also announced, adding 13 more vehicle brands to its existing lineup, which includes notable brands such as BMW, Audi and Mercedes-Benz. The newly added brands inc...
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    AESC halts construction of its $1.6 billion gigafactory in the US
    Electric vehicle-battery maker AESC has paused the construction of its planned gigafactory in Florence, South Carolina, US, due to market uncertainties. Ongoing work at the planned battery manufacturing plant, which was intended to produce EV battery cells for BMW and expected to employ about 1,600 people, has been halted amid speculation surrounding US President Donald Trump's decisions on import tariffs and a proposal to eliminate subsidies to consumers for buying EVs. Trump's move c...
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    QNX releases Hypervisor 8.0 to enhance embedded software development for vehicles
    QNX, a division of BlackBerry Ltd., announced the release of QNX Hypervisor 8.0, an advanced embedded virtualization solution to simplify and expedite embedded software development. Built on the latest QNX Software Development Platform (SDP) 8.0, the hypervisor integrates a microkernel architecture enabling multiple operating systems, such as Android, Linux and QNX, to function on a single system-on-chip (SoC). It provides a broad virtualization solution, facilitating virtual memory management, ...
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    BMW Group reaches 3-millionth electrified vehicle production milestone
    BMW announced that it has produced the 3-millionth electrified vehicle from the BMW Group at its Munich plant, marking a significant milestone for the company. This vehicle, a BMW 330e Touring in Portimao Blue, is bound for the UK market. By 2024, one in four vehicles sold by the company was either fully electric or a plug-in hybrid, with electrified and internal combustion vehicles manufactured together on the same line across BMW plants. The BMW Group began producing fully electric vehic...
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    BMW, Solid Power test all-solid-state battery cells in a BMW i7
    The BMW Group is testing large-format, all-solid-state battery (ASSB) cells from Solid Power in a BMW i7 test vehicle in the Munich area. ASSBs promise higher energy density in a compact storage system, potentially providing longer vehicle ranges without increasing system weight. Since 2022, BMW and Solid Power have strengthened their collaboration on ASSB technology development through a technology transfer agreement. Both companies are optimistic about the potential of ASSB technology. J...
    News
    BMW completes construction of central production building at its upcoming battery plant in Irlbach-Straßkirchen, Germany
    German premium-car maker BMW announced April 30 that it has completed the construction of the central production building at its upcoming high-voltage battery manufacturing plant in Irlbach-Straßkirchen, in the Lower Bavaria region in Germany. While the construction work will continue to build other facilities at the upcoming site, the central production building was built in 12 months. BMW received planning permission for the new battery manufacturing plant at the site in April 2024. ...
    News
    Cyclic Materials invests over $20 million in first rare earth elements recycling facility in Arizona
    Cyclic Materials, an advanced recycling company focused on creating a circular supply chain for rare earth elements (REEs) and other critical materials, announced an investment of over $20 million in its first commercial facility in Mesa, Arizona, US. This state-of-the-art facility will be the company's first global REE recycling operation, using its proprietary MagCycle process to separate permanent magnets from end-of-life products that were previously not recovered. The facility is expecte...
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    BMW unveils pioneering Neue Klasse models with innovative soundscape
    BMW's all-electric Neue Klasse models set to debut in 2025 feature innovative driving and user experience. A key component of this revolution is the BMW Panoramic iDrive concept, which includes the HypersonX soundscape, crafted by the BMW Group Sound Design Studio. This soundscape encompasses 43 unique sound signals, along with special driving sounds for Personal Mode and Sport Mode, adapting dynamically to the driving context to foster an emotional bond between the vehicle and its driver. Th...
    News
    BMW integrates Joynext's vehicle-to-everything technology in all-new 5 Series in mainland China
    BMW launched its all-new BMW 5-Series equipped with Joynext's vehicle-to-everything (V2X) technology in January. This marked the first instance of the German carmaker integrating V2X capabilities into its models, signifying a step forward in smart connectivity and highlighting its commitment to fostering local cooperation and ecological innovation within mainland China's automotive sector. V2X technology is crucial in advancing autonomous driving and intelligent vehicle development by facilit...
    News
    BMW launches production of Neue Klasse cars at its Hungary plant
    BMW has launched the assembly operations of its Neue Klasse models at its car manufacturing plant in Debrecen, Hungary, the German carmaker announced March 27. BMW said that its innovative Neue Klasse vehicle architecture opens new possibilities including a modular and scalable platform leading to greater efficiency, fewer connecting components and a simplified installation of the wiring harness. The new architecture also houses an innovative cockpit assembly, which contributes to acceleratin...
    News
    BMW launches digital nervous system for Neue Klasse vehicles
    The BMW Group has introduced an innovative advancement in the automotive industry with its digital nervous system designed for the Neue Klasse, marking a significant first. This system encompasses four high-performance computers, referred to as "superbrains," which are allocated to handle key customer functions: the Brain of Panoramic iDrive for infotainment, the Brain of Automated Driving for driving assistance, the Heart of Joy for driving dynamics, and the Core Brain responsible for managing ...
    Briefing
    BMW plans to commence pre-series production of Neue Klasse EVs in 2026
    German premium carmaker BMW announced Feb. 27 that its group plant in Munich is gearing up to commence the pre-series production of its Neue Klasse electric vehicles from summer of 2026. That will be followed with full-fledged production operations of the new range of EVs in Munich from the beginning of 2027. To ensure pre-series production at the site, the carmaker is setting up three new production halls for the body shop, assembly and associated production logistics. “For the pro...
    News
    BMW recalls nearly 41,000 X3 SUVs for door-lock issue
    BMW is recalling 40,736 X3 sport utility vehicles from model year 2022 to 2024 due to a malfunction in the second-row seat side door locking modules. The recalled vehicles, comprising the BMW X3 sDrive30i and X3 xDrive30i models, were built between August 2021 and August 2024. According to a recall notice by the National Highway Traffic Safety Administration (NHTSA), the malfunction could result in the side doors becoming unexpectedly unlocked. Furthermore, unexpected opening of the doors whi...
    News
    Infineon secures approval for funding under EU Chips Act for Dresden semiconductor project
    The European Commission has greenlit funding under the European Chips Act for Infineon Technologies AG's Smart Power Fab located in Dresden, Munich, with an official approval from the Federal Ministry for Economic Affairs and Climate Action (BMWK) anticipated in the coming months, according to a press release on Feb. 20. This initiative, which is also backed by the European Commission's Important Project of Common European Interest on Microelectronics and Communication Technologies (IPCEI ME ...
    News
    BMW unveils sixth-generation eDrive technology for future EVs
    German luxury-auto maker BMW Group has unveiled significant advancements in electric-drive technology with the introduction of the sixth generation of the BMW eDrive technology, pivotal for fully electric Neue Klasse vehicles. The new developments include an in-house developed and produced intelligent central control unit named the Energy Master, a high-voltage battery concept promising enhanced energy density, faster charging and longer range, along with a flexible approach to electric-mot...
    News
    BMW's Heart of Joy revolutionizes EV control
    BMW has revealed an all-new supercomputer featured in its forthcoming Neue Klasse range that will help process information from key vehicle components up to 10 times faster than previous systems, enhancing their performance and responsiveness. The new system, referred to by BMW as the Heart of Joy, was demonstrated in the BMW Vision Driving Experience, a high-performance test vehicle designed to demonstrate the drivetrain and driving dynamics management technologies to be featured in t...
    News
    Ionna launches full-scale national EV charging network rollout in US
    Ionna, an electric vehicle charging joint venture initiated by global automakers BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis and Toyota, has announced its progression from a public beta phase to a full-scale national rollout. This announcement came during a significant event held at the inaugural Ionna Rechargery in Apex, North Carolina, coupled with the unveiling of its new headquarters and Customer Experience Lab in Durham, North Carolina. This transition signifies a...
    News
    Embotech partners with Outsight, Hesai to power BMW’s automated driving in-plant technology
    In a strategic collaboration announced Jan. 28, Hesai Technology, Outsight and Embotech AG have joined forces to deliver lidar technology and perception software for Embotech's Automated Vehicle Marshalling (AVM) technology, utilized in BMW facilities. This partnership aims to enhance autonomous driving solutions within BMW's production operations, known internally as Automated Driving In-Plant (AFW). The collaboration sees Embotech as the system provider for BMW's Automated Driving In-Plant ser...
    News
    BMW expands battery recycling partnership with SK tes
    BMW Group announced Jan. 13 that it plans to expand its battery recycling business partnership with SK tes to the US-Mexico-Canada region as early as 2026. BMW had launched a pan-European partnership with SK tes, a leading provider of innovative technology life-cycle solutions, on Nov. 1, 2024. The latter’s special recycling process recovers cobalt, nickel and lithium from used batteries before returning them to the value chain to make new batteries. BMW’s expansion of closed-loop batt...
    News
    BMW Korea installs over 2,100 EV chargers
    BMW Korea has successfully completed its Charging Next project, achieving a significant expansion of electric vehicle charging infrastructure across South Korea. The project, initiated in 2023, culminated in the installation of 2,125 EV chargers by the end of December 2024. This initiative addresses the increasing demand for EV charging solutions amid the EV market's growth. The journey of BMW Korea toward enhancing EV infrastructure began in 2014, coinciding with the launch of the BMW i3. In...
    News
    HERE Technologies and BMW Group enhance driving experience with expanded partnership
    HERE Technologies has extended its partnership with the BMW Group, aimed at enhancing the driving experience and promoting road safety through the development of software-defined vehicle (SDV) architecture. Starting 2025, new BMW models will incorporate HERE's standard and high-definition (SD/HD) map data to support various driving functions, including lane-level positioning and advanced driver assistance systems, as well as automated driving capabilities. The latest collaboration will enable...
    News
    CES 2025: BMW unveils all-new iDrive featuring Panoramic Vision
    At Consumer Electronics Show (CES) 2025 in Las Vegas this week, the BMW Group unveiled its close-to-production version of the new BMW iDrive, featuring BMW Panoramic Vision, underpinned by the new BMW Operating System X. This advanced software acts as the intelligence hub for the display and operating concept, set to be integrated into all new BMW Neue Klasse models by the end of 2025. “High tech meets highly intuitive operation — a quarter of a century of pioneering work and te...
    News
    BMW i Ventures invests in Phoenix Tailings for sustainable rare earth metal production
    BMW i Ventures has invested in Phoenix Tailings, a company focusing on the zero-waste, zero-emission production of rare earth metals, a move aimed at expanding and stabilizing the processing of these critical elements in the US. This Series B financing round, led by Envisioning Partners and with participation from Yamaha Motor Ventures and Escape Velocity, will help Phoenix Tailings increase its rare earth metal production to approximately 200 metric tons annually. Phoenix Tailings, which was...
    News
    Novares inaugurates a new plant in Czech Republic
    Novares has inaugurated its new plant located in the city of Cerhovice in Czech Republic on Dec. 18, marking a significant move by the French company to maintain its operations in the Czech market, following the destruction of the Zebrak premises a few months earlier. This move is part of the Group's strategy to stay close to its global customers, ensuring the delivery standards in terms of quality and availability are met. The plant is set to continue serving its existing customer base, whic...
    News
    CES 2025: BMW to reveal new BMW Panoramic iDrive display
    BMW will showcase the all-new BMW Panoramic iDrive display at the upcoming Consumer Electronics Show (CES) 2025, scheduled Jan. 7–10, 2025, in Las Vegas, the company said in a press release. The German carmaker will debut the BMW Panoramic iDrive display in its Neue Klasse family of electric vehicles, which is scheduled to be launched by late 2025. BMW said its new Panoramic iDrive display technology will set standards for in-vehicle user experience with clear focus on driver orienta...
    News
    BMW and Charité Berlin partner on enhancing driver well-being inside vehicles
    BMW has started a research partnership with Charité-Universitätsmedizin Berlin (Charité Berlin), the leading university hospital in Germany, to work in the field of automotive health, the German carmaker said in a press release. The collaboration aims to harness advanced technologies to bolster the health and well-being of drivers and other occupants. The collaboration will see Charité experts and BMW engineers working together on various projects, including the development of intelligent...
    News
    BMW’s new Aeroacoustic and Electric Drive Center starts operations in Munich
    The BMW Group has officially commenced operations at its new Aeroacoustics and Electric Drive Center (AEC) located at its Munich-based Research and Innovation Center (FIZ), effectively replacing its nearly 40-year-old aeroacoustic wind tunnel, the carmaker announced Dec. 11. The new facility is divided into two halves — the first features a multifunctional workshop with testing and measurement equipment and a prototype for high-voltage batteries and inverters, and the second accommodates a ...
    News
    BMW Group advances toward circular economy with new battery recycling center
    In a press release dated Nov. 27, BMW Group announced that it is advancing its commitment to the circular economy by constructing a Cell Recycling Competence Centre (CRCC) in Kirchroth, Lower Bavaria, focused on pioneering "direct recycling" of battery cells. The new facility's construction is set to begin in the second half of 2025, with the goal of validating the recycling method in near-series processes. This method, innovated internally by the BMW Group, allows for the mechanical dis...
    News
    BMW Group advances production automation under iFACTORY initiative
    As reported in a press release on Nov. 25, the BMW Group is furthering the digitalization and automation of its production processes under the BMW iFACTORY initiative, particularly through the implementation of the Automated Driving In-Plant (AFW) project. Since 2022, AFW has been under trial at BMW's largest European facility in Dingolfing, Germany, where it has now achieved CE certification and is entering series operation. The Leipzig, Germany, plant is also preparing to adopt AFW in serie...
    News
    BMW Group’s Debrecen plant rolls out first fully-electric Neue Klasse test cars
    BMW Group’s electric-car factory in Debrecen, Hungary, has rolled out the first test vehicles from its upcoming Neue Klasse range of battery-electric vehicles (BEVs), the company announced Nov. 20. The carmaker said that it is ramping up the production of test vehicles, and the first near-series fully-electric X models for the Neue Klasse are now leaving the production line. This marks the beginning of the final preparation phase for the start of series production of the Neue Klasse range, ...
    News
    BMW commences operations at Wackersdorf battery-testing center
    BMW has commenced initial operations at its all-new battery-testing center at Wackersdorf, Germany, the company announced Nov. 19. The facility, which was first announced by the carmaker in 2023, is still under construction and is scheduled for completion in late 2025. The site spans over 8,000 square meters and is developed to rigorously test individual battery cells, complete high-voltage batteries and other electric powertrain components for future BMW Group models early in developmen...
    News
    5GAA showcases latest cellular vehicle-to-everything technologies in Berlin
    The 5G Automotive Association (5GAA) showcased the latest developments in cellular vehicle-to-everything (C-V2X) technologies in Berlin last week, the association said in a press release on Oct. 28. The demonstrations highlighted the capabilities of 5G-vehicle-to-everything (5G-V2X) in facilitating new applications across a diverse set of stakeholders including automakers, service providers and mobile network operators. A notable achievement was the integration of 5G-V2X Direct technology in ...
    News
    BMW Brilliance-Mercedes-Benz charging JV launches EV charging stations in Beijing
    Ionchi, a joint venture between BMW Brilliance and Mercedes-Benz Group China, has launched its first seven public electric vehicle fast-charging stations in Beijing, following a trial run of two weeks, according to a news report published by ChinaDaily on Oct. 24. The first seven EV charging stations have come up in Beijing, Qingdao in Shandong province, and Nanjing in Jiangsu province, the report mentioned. The launching of this first set of public EV chargers marks a significant mileston...
    News
    BMW CEO seeks for EU to cancel ban on sale of ICE cars from 2035
    BMW CEO Oliver Zipse has voiced concerns over Europe's strategy to phase out sales of new internal combustion engine (ICE) vehicles by the middle of the next decade, suggesting that such a move would increase European automakers' dependency on mainland Chinese battery suppliers, Reuters reported Oct. 15. Zipse, who has been vocal about the complete ban of ICE vehicle sales, said the mood in Europe was “trending towards one of pessimism” and the region needed a new regulatory framework to rem...
    News
    Hankook Tire supplies Ventus S1 evo Z UUHP tires for the new BMW M5
    Hankook Tire is supplying its Ventus S1 evo Z ultra-ultrahigh-performance (UUHP) tire as original equipment (OE) for the new BMW M5, the South Korean tiremaker said in a press release on Oct. 15. The BMW M5 sports Ventus S1 evo Z tires in the size 285/40 ZR20 at the front and 295/35 ZR21 at the rear. “We are proud of having developed the perfect tire for such a legendary vehicle as the M5 in close cooperation with BMW M,” said Klaus Krause, vice president, and head of Europe Technica...
    News
    Tata Technologies and BMW Group launch JV BMW TechWorks India
    The BMW Group and Tata Technologies have officially launched their joint venture, BMW TechWorks India, marking a significant step toward innovation in automotive software, including software-defined vehicles (SDVs) and digital transformation solutions for business IT. The equally owned JV begins operations with 100 employees across key technology hubs in India in Pune, Bengaluru and Chennai, with ambitious plans to expand to a four-digit workforce by the end of 2025, focusing on harnessing India...
    News
    Nissan invests in ChargeScape, a charging JV between BMW, Honda and Ford
    Nissan has entered into an agreement to invest in ChargeScape, a joint venture that is equally owned by leading carmakers BMW, Ford and Honda, the company announced Oct. 7. ChargeScape, which was launched by BMW, Ford and Honda in September, is focused on electric vehicle-grid integration. Nissan is slated to become an equal investor with a 25% stake in ChargeScape, once the transaction is complete. Once Nissan is onboarded, ChargeScape will roll out its services to Nissan’s EV drivers acro...
    News
    Leopard Imaging to showcase ASA-based cameras at AutoSens 2024
    According to a press release on Oct. 7, Leopard Imaging, a provider of high-definition embedded camera solutions, will present its Automotive SerDes (ASA)-based cameras at AutoSens Europe 2024. ASA technology, crucial for the next generation of vehicular camera systems, allows for high-resolution video transmission over long distances within a vehicle, facilitating real-time processing vital for autonomous driving. With the capability to support various downstream speeds from 2 Gbps to 16 Gbps, ...
    News
    Redwood Materials partners with BMW Group to recycle lithium-ion batteries
    Redwood Materials has announced a partnership with BMW of North America to recycle lithium-ion (Li-ion) batteries from electrified vehicles across the BMW Group, including BMW, MINI and Rolls Royce. This initiative involves collaboration with BMW Group's extensive network of over 700 locations, ranging from dealerships and distribution centers to internal facilities, to facilitate the recovery of end-of-life Li-ion batteries. The partnership highlights Redwood's commitment to recycling and re...
    News
    BMW's recall rumble: Brake-by-wire woes
    BMW has initiated a recall involving over 1.5 million vehicles globally, citing issues with the integrated braking system (IBS) supplied by Continental AG. This recall encompasses significant models such as the BMW 5-Series, 7-Series, Rolls-Royce Spectre, Mini Cooper, Mini Countryman and numerous BMW crossovers. The defect lies in the brake-by-wire (BBW) technology, an innovative system aimed at enhancing braking efficiency through electronic signals rather than traditional hydraulic mechanisms....
    Insights
    BMW, Ford and Honda launch ChargeScape to integrate EVs with power grid
    BMW, Ford and Honda have initiated the operations of ChargeScape, their joint venture aimed at integrating electric vehicles (EVs) into the power grid, which was first announced in 2023. This venture will leverage software to manage the flow of data and energy between EVs and the power grid, enhancing grid stability and offering cost savings to EV drivers. The announcement marks a significant commitment by these automakers toward EVs and reducing ownership costs, addressing the dual challenge...
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