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    Risk analysis of building gigafactories in Europe
    Europe and the UK region have witnessed a few high-profile battery companies abruptly filing for insolvency in the recent past, leaving behind a noteworthy setback for the region’s local battery production ambitions. UK’s promising battery startup Britishvolt, which was once hailed by the country’s prime minister, filed for insolvency in January 2023. It was soon followed by the Swedish battery company Northvolt, which represented Europe’s hopes to compete with China’s hegemony in t...
    Insights
    How smart charging technologies are shaping the EV landscape
    The fast-charging sector for electric vehicles is evolving with new technologies and changing consumer needs. A major trend is the rise of ultra-fast charging stations, which can recharge an EV's battery to 80% in just 15 to 30 minutes, significantly reducing drivers’ wait times. Smart charging technologies are also gaining traction, optimizing charging based on grid conditions and energy prices. This includes demand response programs that allow EVs to charge during off-peak hours or when r...
    Insights
    Subaru selects HPE Cray servers to enhance EyeSight driver assist system
    Subaru has chosen HPE Cray XD670 servers to enhance its image recognition technology and AI capabilities to advance preventive safety. This deployment aids in optimizing AI algorithms and model training for the development of the next-generation EyeSight driver assist system, which is part of Subaru's goal of achieving zero fatal traffic accidents by 2030. The EyeSight system will utilize AI to accurately measure and classify objects in real-world driving scenarios, leveraging Subaru's long-stan...
    News
    Thailand revises EV incentive packages to boost EV production and exports
    Thailand's National Electric Vehicle Policy Committee (EV Board) has approved changes to the EV3 and EV3.5 incentive packages to promote the country as an export hub for battery-electric vehicles (BEVs). The revisions, proposed by the Federation of Thai Industries (FTI), include a rule where one vehicle produced for export counts as 1.5 vehicles, potentially boosting electric vehicle exports to approximately 12,500 units in 2025 and about 52,000 in 2026. Additionally, the EV Board has extende...
    News
    CATL builds a network of over 400 battery-swap stations for electric cars in China
    CATL, China's largest battery manufacturer, has built a network of more than 400 battery-swap stations for passenger vehicles across the territory as of the end of July. The company aims to build 1,000 such battery-swap stations by the end of 2025. The company's battery-swap operations for passenger vehicles and heavy-duty trucks are advancing smoothly, with approximately 100 battery-swap stations for heavy-duty trucks already completed, expecting to reach about 300 by year-end...
    News
    DENSO Q1 FY 2025/26 net profit declines 16.1% year over year to $548.2 million
    DENSO has reported a 16.1% year-over-year decline in net profit to ¥79.3 billion ($548.2 million) in the first quarter ended June 30, 2025, as revenue remained stable at ¥1.75 trillion, the company said in a press release on July 31. Operating profit also declined 11.1% year over year to ¥107.2 billion, while profit before income taxes improved marginally by 1% year over year to ¥140.2 billion. “Revenue in the first quarter remained consistent with the previous year, driven by a st...
    News
    LG Energy Solution signs $4.3 billion battery supply deal with Tesla
    LG Energy Solution (LGES), a South Korean battery manufacturer, has entered into a $4.3 billion contract to supply Tesla with lithium iron phosphate (LFP) batteries for energy storage systems, Reuters reported July 30, citing a source familiar with the matter. This agreement will see the batteries being supplied from LGES' manufacturing facility in the US. Although LGES announced the deal on Wednesday (July 30), it did not specify whether the batteries would be utilized in vehicles or solely ...
    News
    Rivian integrates NACS cables into its charging network for broader access
    Rivian has begun integrating North American Charging Standard (NACS)/Tesla connectors into its Rivian Adventure Network, allowing Tesla vehicles and other brands with NACS ports to utilize Rivian's charging facilities. The North American electric vehicle industry is transitioning to the NACS plug, originally advanced by Tesla and now adopted as an official SAE standard, moving away from J1772 and CCS plugs. This shift is influenced by former US President Biden's federal charging grants, which in...
    News
    Trump’s One Big Beautiful Bill seen as a setback for EV adoption in the US
    On July 4, US President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law with an aim of cutting down government spending to address the US' rising national debt, reducing tax liabilities for the working middle class and driving down energy costs with a massive expansion of domestic oil and production capacity, among several other key goals. When it comes to electric vehicle adoption in the US, the OBBBA terminates the $7,500 tax credit for new EV purchases and the $4,000 cr...
    Briefing
    AutoTechInsight Weekly - 28 July 2025
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    News
    Xpeng commences local production operations in Indonesia
    Xpeng has commenced its first overseas localized production in Indonesia, announcing at the 2025 Gaikindo Indonesia International Auto Show the delivery of its first locally assembled Xpeng X9 multipurpose vehicle. This marks the beginning of Xpeng's global localization production strategy. The company employs the completely knocked down (CKD) approach, where components are imported and assembled locally. Alongside the X9, Xpeng also displayed its flying car, the G6 sport utility vehicle...
    News
    Chinese carmaker Great Wall Motor collaborates with Faraday Future to expand into the US market
    Great Wall Motor, a leading carmaker from China, is collaborating with Faraday Future to penetrate the US market, which has been largely inaccessible to Chinese automakers. The collaboration involves licensing Faraday Future's new model, the FX Super One, from Great Wall Motor's Wey brand. This vehicle, unveiled on July 17, is based on the Gaoshan multipurpose vehicle and marks the debut of Faraday Future's second brand, FX. The FX Super One's design closely mirrors the Wey Gaoshan MPV, featu...
    News
    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...
    News
    Nissan teams up with Octopus Energy to launch all-new Nissan Charge app in the UK
    Nissan has partnered with Octopus Energy to launch the next-generation Nissan Charge app, aimed at enhancing the electric vehicle ownership experience in the UK. Through the integration of Octopus' EV charging platform, Nissan drivers can access over 1 million charge points from more than 1,200 charge-point operators (CPOs), including major brands such as Ionity and TotalEnergies. Available on Apple App Store and Google Play Store, the app offers a faster and more intuitive charging e...
    News
    Lucid partners with mineral producers to boost US automotive supply chain
    Lucid Group Inc., known for producing advanced electric vehicles, has joined the newly launched Minerals for National Automotive Competitiveness Collaboration (MINAC) and partnered with critical mineral producers such as Alaska Energy Metals, Graphite One, Electric Metals and RecycLiCo. This collaboration seeks to expedite the development and procurement of essential minerals for automotive manufacturing by US-based automakers and tier 1 suppliers. MINAC is an initiative aimed at en...
    News
    WM Motor to resume production with Xiangfei Auto's support after liquidity crisis
    WM Motor, a Chinese electric vehicle startup established in 2015, is set to resume production in August with the support of its investor Xiangfei Auto. Information from a Chinese tech media outlet, MingJin Pro, published on July 14, indicated that WM Motor and Xiangfei Auto will restart mass production of the EX5 and E5 EV models at WM Motor's facility in Wenzhou, Zhejiang province. This decision follows a liquidity crisis that led to halted operations in the second half of 2022. Subsequently, a...
    News
    Lucid EVs gain access to Tesla’s Supercharger network across North America
    US-based electric-car maker Lucid Group Inc. has announced updates to its Lucid Air model lineup for 2026, introducing enhancements aimed at increasing convenience and peace of mind for owners. A key update includes access to the Tesla Supercharger network for all Lucid Air vehicles by July 31, using an approved North American Charging Standard (NACS) adapter available from Lucid. All Lucid Air owners, regardless of model or model year, will gain access to the North American Tesla Supercharge...
    News
    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...
    News
    BYD prioritizes operations in Turkey, delays mass production of EVs in Hungary
    Mainland Chinese electric-car maker BYD is delaying mass production at its Hungarian electric vehicle plant and is instead opting to expedite production operations at its Turkish facility, primarily due to cost factors. The company's Hungarian plant in Szeged, valued at €4 billion, is set to commence mass production in 2026, operating below its initial capacity for the first two years. Initially, the plan was to manufacture 150,000 units per annum, but production for 2026 is expected to be ...
    News
    Stellantis consolidates manufacturing ecosystem in Morocco with €1.2 billion project
    Stellantis has inaugurated a new expanded manufacturing facility in Kenitra, Morocco, marking a significant step in the country's industrial advancement. Head of Government Aziz Akhannouch highlighted the project as part of Morocco's broader strategy to foster a competitive and integrated economy. The €1.2 billion investment, which includes €702 million for developing local suppliers, aims to double the plant's production capacity and achieve a 75% local integration rate by 2030...
    News
    Japan and US reach bilateral trade agreement with 15% reciprocal tariff rate
    Japan and the US reached a trade agreement, allowing the US to impose a reciprocal tariff rate of 15% on goods imported from Japan, CNN Business reported on July 22. “We just completed a massive deal with Japan, perhaps the largest deal ever made,” President Donald Trump said on his networking website, Truth Social. The bilateral trade deal, reached before the Aug. 1 deadline, will lower the 25% tariff announced in April 2025 on goods imported from Japan. Earlier this month, ...
    News
    MG Motor UK announces £1,500 grant for private EV buyers to support government initiative
    MG Motor UK has announced a new initiative in support of the government's Electric Car Grant, reinforcing its commitment to a net-zero environment and the pivotal role of electric vehicle adoption. The company is now offering a £1,500 grant for all private buyers of the MG4 EV and the MGS5 EV. This is in addition to existing incentives available through MG Motors' 155 UK dealer partners. This move is designed to ensure MG provides some of the best value battery-electric cars in the UK. ...
    News
    Nexen Tire expands OE supply agreement with Kia for EV6 models in North America
    Nexen Tire has announced an expansion in its original equipment (OE) supply agreement with Kia. The South Korean tiremaker will supply its N'FERA Supreme S tire for the Kia EV6, manufactured at its West Point plant in Georgia, the US. This expansion builds on Nexen Tire's existing OE supply for the EV6 models in South Korea and other export markets since 2021, and now includes models produced for the North American market. The N'FERA Supreme S is tailored for electric vehicles, providing quie...
    News
    Adient to invest $8M in new seat assembly plant in US
    Automotive seat supplier Adient plans to invest $8 million to open a factory in Normal, Illinois, that will assemble components for Rivian. The new facility is expected to create 75 full-time jobs and is supported by the Illinois Department of Commerce and Economic Opportunity through its Reimagining Energy and Vehicles (REV) program, which encourages clean energy and advanced manufacturing. Adient will manufacture complete front and rear seat assemblies for Rivian, repurp...
    News
    AutoTechInsight Weekly - 21 July 2025
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    News
    Nio reaches 80 million battery-swap milestone in Greater China
    Nio, a Shanghai-based electric-car maker, has surpassed the milestone of 80 million cumulative battery-swap services in Greater China. The company achieved the feat just under four months after hitting the 70 million mark. On average, Nio has been performing approximately 97,000 battery swaps daily during July, with a swap occurring every 0.88 seconds. Nio operates about 3,405 battery-swap stations across Greater China, including a network of 1,000 stations along highways. These swa...
    News
    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...
    News
    Rivian invests $105 million in micromobility startup Also Inc.
    Rivian has distinguished itself among electric vehicle startups over the past decade with its R1T and R1S models, demonstrating that electric trucks and sport utility vehicles can compete with gas-powered vehicles in speed, capability and comfort. As Rivian gears up to introduce smaller and more affordable models such as the R2 and R3, the company is also backing a new entrant in a different sector: A micromobility startup named Also Inc. Also Inc. was spun out of Rivian e...
    News
    Nidec develops predominantly Chinese electric-car motor for Toyota's growth in mainland China
    Japanese supplier Nidec Corp. is focusing on developing an almost entirely made-in-China electric-car motor to support Toyota in the mainland Chinese market, Bloomberg reported July 16, citing the company’s CEO Mitsuya Kishida. About 99% of the materials and parts for the E-axle motor originate from mainland China, a development that Kishida described as "incredibly tough."  Nidec has started providing this motor for Toyota's electric bZ3X sport utility vehicle, which&nb...
    News
    Mercedes-Benz integrates Microsoft business tools for in-car productivity
    Mercedes-Benz is introducing new in-car productivity features by integrating Microsoft business tools into its vehicles. Starting with the new CLA model, customers will have access to the latest version of the Meetings for Teams app, which enables participation in Teams calls using the vehicle's built-in camera. Mercedes-Benz is the first original equipment manufacturer to integrate Microsoft Intune, a tool for managing devices and apps, directly into its new operating system, MB.OS. Addition...
    News
    Mercedes-Benz to use real-time fleet data to enhance ADAS functions
    Mercedes-Benz is advancing the development of advanced driver assistance systems (ADAS) and automated driving functions. This enhancement will be achieved by utilizing sensor and video data collected from its customer fleet. Starting at the end of July 2025, this data will help the company better recognize different road users and atypical traffic situations. The initiative aims to enhance road safety and support the Vision Zero goal, which seeks to eliminate road fatalities in the European Unio...
    News
    Porsche opens charging lounge in Switzerland
    Porsche is enhancing its customer experience with the introduction of a low-cost charging service at CHF0.39 per kilowatt-hour, centrally billed via the Porsche Charging Service. This service can be accessed through the Porsche Communication Management system and My Porsche app. Recently, the company has collaborated with GoFast in Switzerland, adding another partner to its network. The latest Porsche Charging Lounge is located near Lake Geneva, close to the A1 motorway, making it accessible ...
    News
    Ultium Cells to scale up production of lithium iron phosphate battery cells in Tennessee, US
    Ultium Cells LLC, a joint venture between General Motors (GM) and LG Energy Solution (LGES), will upgrade its battery cell manufacturing facility in Spring Hill, Tennessee, to scale the production of low-cost lithium iron phosphate (LFP) battery cells. This initiative builds upon a $2.3 billion investment announced in 2021. The conversion of battery cell lines to LFP production is set to commence later in 2025, with commercial production anticipated by late 2027. Kurt Kelty, vice president...
    News
    UK government reintroduces grants for purchasing new electric cars
    The UK government has confirmed its plans to reintroduce grants for purchasing new electric cars, offering discounts of up to £3,750, Autocar reported July 14. This new Electric Car Grant is supported by £650 million of government funding and applies to certain new electric vehicles priced at or below £37,000. According to a spokesperson from the Department for Transport (DfT), these discounts can be applied to new EVs starting from July 18. This initiative follows the discontinuation of t...
    News
    Trump threatens to impose 30% tariffs on goods imported from Mexico and EU, effective Aug. 1
    US President Donald Trump has threatened to impose a 30% tariff on products imported from Mexico and the EU, beginning Aug. 1, CNN Business reported July 13. The US government's decision to impose the tariffs came after weeks of negotiations with its two key trading partners that failed to reach a mutually agreeable conclusion. Trump sent a letter to European Commission President Ursula von der Leyen, emphasizing the US government's intention to continue working with the...
    News
    AutoTechInsight Weekly - 14 July 2025
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    News
    Stellantis pulls back from hydrogen powertrain option for its light commercial vehicles in the UK
    Stellantis is scaling back on promoting hydrogen options for its light commercial vehicles due to insufficient investment in infrastructure and incentives in the UK. The company, which includes Peugeot, Citroën, Fiat and Vauxhall under its Pro One van umbrella, offers a hydrogen fuel-cell version of the large Movano in the UK, with plans to launch the midsize Vivaro van later in 2025. Both models are already available in left-hand-drive markets. Fedele Ragusa, Stellantis' senior product m...
    News
    Nio’s battery asset operator Mirattery signs strategic deal with CATL
    Mirattery, Nio's battery asset operator, has partnered with CATL, marking an increased interest from the Chinese battery giant in the battery-swap business. The companies have signed a strategic cooperation agreement in Hefei, Anhui province, to deepen cooperation in areas including capital, technology and business models. The agreement between the two companies includes equity investment, battery rental service operations, user services, and the coconstruction and sharing of battery-swap net...
    News
    PowerX, Mercedes-Benz team up to launch EV charging hub in Japan
    PowerX Inc., a leading battery energy storage system (BESS) manufacturer and operator in Japan, and Mercedes-Benz High Power Charging Japan G.K. (MBHPCJ) have partnered to launch Mercedes-Benz Charging Hub Chiba Park in Chiba city, Japan. The inaugural site is located within Chiba Park, and the facility provides a public high-power charging service with a maximum output of 150 kW, accessible to all electric vehicle owners. The EV charging park is equipped with amenities such as...
    News
    Inteva Products invests $8 million to expand production capacity at Mexican plant
    Inteva Products, a US-based supplier of vehicle interior systems, closures, motors and electronics, announced plans to invest 150 million Mexican pesos ($8 million) in expanding its Matamoros plant in Tamaulipas, Mexico, creating 500 direct jobs. The announcement was made in the presence of local and state government officials as well as company representatives who highlighted the direct impact of the investment on job creation and its contribution to strengthening the city’s economic and indu...
    News
    Zeekr unveils 900-volt high-voltage SEA-S hybrid platform
    Zeekr, a premium EV unit of Geely, has introduced a new hybrid platform named SEA-S and plans to begin pre-sales of its first model based on this platform, the Zeekr 9X, which is a full-size luxury sport utility vehicle (SUV), at the end of next month. Zeekr's SEA-S platform is described as the industry's first luxury hybrid-exclusive platform, built on a pure electric architecture and the world's first full-stack 900V high-voltage hybrid platform. Zeekr's Super Hybrid System, based o...
    News
    Mercedes-Benz subsidiary Accumotive to produce batteries for all-electric CLA range in Kamenz, Germany
    Accumotive, a Mercedes-Benz subsidiary located in the city of Kamenz, Germany, has commenced the series production of the latest-generation batteries for the all-electric CLA. Since the beginning of its operations in 2012, Accumotive has assembled more than 2 million batteries at its plant in Kamenz. The company has strengthened its position as a key supplier of battery packs in the global Mercedes-Benz production network. Accumotive's Kamenz plant has started supplying the new g...
    News
    Nio reaches a network of 1,000 battery-swap stations along mainland China’s highways
    Shanghai-based electric-car maker Nio has launched its 1,000th highway battery-swap station in mainland China. The new battery-swap station is located at the Fushan service area on the G5011 Wuhu-Hefei Highway. This development is part of Nio's efforts to expand its battery-swap infrastructure across the country, enhancing connectivity between 550 major cities and mitigating range anxiety for Nio and Onvo brand users driving on highways. The company now operates a total of 3,399 battery-sw...
    News
    Mazda opens new R&D center in Tokyo, to focus on development of intelligent vehicles
    Mazda Motor Corp. has launched a new research and development office named Mazda R&D Center Tokyo (MRT), located in Azabudai Hills, Minato-ku, Tokyo, as part of its strategy to enhance its operations in the metropolitan area. Concurrently, Mazda has relocated its Tokyo Office from the Kasumigaseki Building to Azabudai Hills. The company aims to maintain its status as the Brand of Choice by adapting to the industry's shift toward electrified and intelligent vehicles while preserving i...
    News
    Ford's Michigan EV battery plant on track for tax credits amid legislative changes
    Ford Motor Co. said that its $3 billion electric vehicle battery plant in Michigan, US, which is 60% complete, is on track to qualify for production tax credits following revisions in a recent tax and budget bill. In May, the company had raised concerns that the US government might eliminate these credits due to the plant's use of mainland Chinese technology for battery manufacturing, as outlined in an earlier version of the legislation. The Michigan plant, situated in Marshall and expected t...
    News
    US President Trump announces 25% tariff on Japanese and South Korean imports as 90-days negotiation period nears
    US President Donald Trump announced a 25% tariff on goods imported from Japan and South Korea, effective Aug. 1, as the 90-day negotiation period offered in the first week of April comes to an end this week, the Associated Press (AP) reported July 8. Trump communicated this decision through letters posted on the social networking website Truth Social to the leaders of the respective countries, cautioning them against retaliatory measures that could lead to a further increase in tariffs...
    Briefing
    VinFast-backed V-Green opens largest EV charging hub in Hanoi, Vietnam
    V-Green has launched a new electric vehicle charging hub, which features the largest number of superfast charging piles installed at a single facility in Hanoi, Vietnam. The EV charging hub is located at the Minh Khai parking lot on Cau Dien street in Nam Tu Liem district. Notably, V-Green is a part of Vietnamese vehicle manufacturer VinFast Group. The unit was set up by the carmaker to invest in setting up EV charging infrastructure across the country.  Situated on a major road ...
    News
    Anhui Anwa New Energy Technology produces first samples of solid-state batteries in mainland China
    Anhui Anwa New Energy Technology, an emerging battery technology company in mainland China, has produced its first batch of engineering samples for its solid-state battery. The solid-state battery samples have an energy density of 300 watt-hours per kilogram (Wh/kg). The company, which was founded in June 2020, aims to launch a giga-scale assembly operation for its solid-state batteries in mainland China. Chery New Energy, a unit of automaker Chery, holds a 9.89% stake in Anhui...
    News
    AutoTechInsight Weekly - 7 July 2025
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    News
    Hyundai plans to offer third-generation Creta SUV in India with hybrid powertrain option
    Hyundai is gearing up to introduce its third-generation Creta SUV, codenamed SX3, featuring a range of engine options, Autocar Professional reported on June 26. The popular midsize sport utility vehicle (SUV) will offer four engine choices, including two petrol engines, one diesel engine and a petrol-hybrid engine. The hybrid variant will be equipped with a 1.5L naturally aspirated 4-cylinder petrol engine, similar to the setup in the Kia Seltos. The lineup will include a 115hp, 1.5L petrol e...
    News
    Volkswagen, Renault drive vehicle-to-grid projects in Europe
    Volkswagen and Renault are driving pilot projects focused on bidirectional charging in Europe. While these projects are being managed at a small scale, both carmakers are expected to scale up their respective vehicle-to-grid (V2G) projects to support the EU's power grid in the future. Utrecht has become the first European city to launch a large-scale V2G system through a collaboration involving Renault Group, We Drive Solar, MyWheels, and the local municipality. The initiative, which is named...
    News
    US EV tax credits set to expire Sept. 30
    The US electric vehicle tax credits, which include a $7,500 credit for new EV purchases or leases and a $4,000 credit for used EVs, are set to expire Sept. 30 following the recent tax and budget legislation passed by Congress. This change marks the end of incentives that have boosted EV sales in recent times. The Electrification Coalition expressed concerns that the expiration of these credits could hinder the US' role in the global shift toward electric transportation, potentially ceding lea...
    News
    Volvo Cars to produce Polestar 7 premium electric SUV at upcoming manufacturing plant in Slovakia
    Volvo Cars and Polestar have signed a memorandum of understanding (MOU) to collaborate on developing and producing the Polestar 7, a fully electric compact sport utility vehicle scheduled for launch in 2028. The premium electric SUV will be manufactured at Volvo Cars' upcoming manufacturing plant in Kosice, Slovakia, marking it the second car to be assembled following an undisclosed Volvo model. The Polestar 7 will share technology with two upcoming Volvo models, including...
    News
    Kongsberg Automotive reduces costs amid market challenges and geopolitical tensions
    Kongsberg Automotive (KA) has completed a plan to reduce overhead costs, which is anticipated to save the company €15 million annually. This initiative, revealed during the company's first-quarter presentation in May, is part of KA's strategy to enhance its financial performance. It complements a previously announced cost adjustment program and will affect approximately 150 positions. The implementation of this plan began in May 2025, with most activities scheduled for completion within the ye...
    News
    U Power collaborates with Beijing Foton for battery swapping in global markets
    U Power Ltd., a provider of electric vehicle battery-swapping solutions, announced the signing of a memorandum of understanding with Beijing Foton International Trade Co. Ltd., a subsidiary of Foton Motor, to jointly promote battery-swapping-compatible electric heavy trucks, buses and vans in Southeast Asia, South America, Hong Kong and Macau markets. U Power will offer technological support to integrate battery-swapping capabilities into Beijing Foton vehicles and develop battery-swappi...
    News
    CATL launches two battery production lines inside Seres’ EV factory in Chongqing
    In a first-ever move, Contemporary Amperex Technology Ltd. (CATL), the world's largest manufacturer of electric vehicle batteries, has launched its production lines inside a carmaker's factory to produce and supply customized battery cells. According to the report published by Yicai Global on July 1, CATL has commenced operations at a production line installed at a factory owned by Seres Group for the latter's premium EV brand Aito.  Two CATL Cell-to-Pack 2.0 production lines have b...
    News
    EV advocacy groups urge US House to revise Senate bill on EV tax credits
    An electric vehicle advocacy group has called on the US House to revise a Senate-approved bill that would eliminate the $7,500 tax credit for new electric vehicle sales and leases, and the $4,000 credit for used EVs, effective Sept. 30. The Electrification Coalition emphasized that removing these credits could undermine the US manufacturing industry and hand over control of the future of transportation to mainland China, urging the House to oppose the bill. Calstart, a California-based nonpro...
    News
    Tesla deploys V4 Superchargers in mainland China
    Tesla has started operations of its first batch of V4 Superchargers in mainland China with a peak power output of 500 kW, while BYD progresses in deploying 1-MW charging facilities. As the largest electric vehicle market globally enters the megawatt-level ultrafast-charging era, Tesla announced on Weibo that its latest V4 Superchargers are now operational for both Tesla and other EV brands. These Superchargers are available at seven stations located in Shanghai, Zhejiang, Gansu and Chong...
    News
    Nissan plans job cuts, seek delayed payment option from suppliers to boost recovery efforts
    Nissan is implementing several measures as part of its recovery plan, which includes cutting 20,000 jobs, equivalent to about 15% of its global workforce, and negotiating with suppliers for extended payment terms to free up cash flow, according to a report by Electrek published June 30. This move follows a previous announcement by the Japanese automaker in May about workforce reductions and factory closures aimed at cost-cutting. In the UK, Nissan will commence discus...
    News
    Thailand BOI pushes for more local content in EVs with fresh incentives
    The Thailand Board of Investment (BOI) has approved investment projects totaling 28.6 billion baht (approximately US$870 million) focused on digital infrastructure and travel sectors. The BOI has also enhanced incentives for the use of local content in the manufacturing of electric vehicles and electrical appliances (E&E). The BOI has introduced incentives for local content use in the automotive and electrical appliance sectors by offering a two-year, 50% corporate income tax reduction. T...
    News
    AutoTechInsight Weekly - 30 June 2025
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    News
    BYD partners with voestalpine for steel supply to new Hungarian factory
    BYD has reached a supply agreement with voestalpine for procuring steel for its new passenger car factory in Szeged, Hungary. The facility is expected to begin manufacturing new-energy vehicles (NEVs) by the end of 2025.  This partnership marks a key milestone in BYD's policy of localized production, sourcing high-quality auto parts from local suppliers to support its goal of producing cars in Europe for Europe. Voestalpine was chosen for its geographical proximity to the Hunga...
    News
    Toyota to assemble battery packs for hybrid RAV4 in Ontario plants by 2026
    Toyota is planning to assemble its own battery packs at its Ontario plants for the production of the all-new 2026 RAV4 SUV, which will be launched exclusively as a hybrid model. Toyota will add battery-pack assembly lines to its Ontario facilities as part of these preparations. These batteries will be built from cells manufactured at Toyota's newly opened battery plant in Kentucky. This move marks Toyota's effort to support the production of the hybrid RAV4 by retooling its Cambridge and Wood...
    News
    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...
    News
    Horse Powertrain develops fully-integrated hybrid powertrain assembly
    Horse Technologies, a division of Horse Powertrain, announced its new integrated hybrid drive unit, the HR18 HEV. This new powertrain is the first complete unit designed, developed and produced under the Horse Powertrain brand. Developed at research and development centers in Romania and Spain, the HR18 HEV will be manufactured at Horse Technologies' plants in Bursa, Turkey; and Valladolid, Spain. The hybrid powertrain consolidates key technologies into a singular, efficient unit, which inclu...
    News
    CATL establishes a new JV to explore robo-taxi segment
    The world's largest battery manufacturer, CATL, has made a strategic move into the robo-taxi sector by establishing a new joint venture with local partners. The new JV, Shanghai Zaofu Intelligent Technology Co. Ltd., was registered in Shanghai and has a capital of 1.288 billion yuan (about $177.5 million). The newly formed company will focus on developing Level 4 autonomous driving technology. The joint effort includes contributions from Hello, Ant Group and CATL, with initial investments ...
    News
    U Power plans 55 smart battery-swap stations in Hong Kong to advance zero-carbon goals
    U Power Ltd. announced its plan to build 55 smart battery-swap stations in Hong Kong as part of its strategy to promote zero-carbon living, marking a significant move toward the city's zero-emission target by 2050. This initiative, revealed at the inauguration of Hong Kong's first demonstration smart swap station, includes the construction of four bus-only stations and the world's first ferry swap stations. The event was attended by Hong Kong government officials, business leaders and industr...
    News
    AutoTechInsight Weekly - 23 June 2025
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    News
    Xiaomi secures new land parcel in Beijing for its EV manufacturing plans
    Xiaomi Jingxi Technology Co. Ltd., a subsidiary of Xiaomi, has acquired a new land parcel in Beijing's Yizhuang area for 635 million yuan (about $88.39 million). The land spans 485,133.91 square meters and is leased for 50 years. The land parcel is strategically located next to Xiaomi's existing electric vehicle factory and will be used for a new-energy intelligent connected vehicle manufacturing project. Xiaomi, which announced its entry into the automotive sector in March 2021, had signed a...
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    Tata Motors remains unaffected by mainland China’s rare earth export curbs so far
    Tata Motors, India's largest electric vehicle manufacturer, is not experiencing disruptions in sourcing rare earth magnets, despite mainland China's export restrictions. At its 80th Annual General Meeting, Chairman Natarajan Chandrasekaran assured shareholders that the company is managing its supply needs and is exploring alternative sources to ensure future availability. Mainland China dominates the global supply of rare earth elements (REEs), prompting Tata Motors and other automakers wo...
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    Tata Technologies partners with Volvo Cars for software-defined vehicles
    Tata Technologies, a global product engineering and digital services company, has been chosen as a strategic supplier by Volvo Cars, according to a press release on June 19. This partnership emphasizes Tata Technologies' commitment to fostering innovation for smarter, safer and more sustainable solutions for the automotive industry. Volvo Cars aims to redefine mobility through electrification and software-defined vehicle platforms. Its goal is to enable clients to experience personal, sustainabl...
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    Electric-truck maker Slate to source batteries from SK On
    South Korean battery company SK On has been chosen as the battery supplier for the US electric vehicle startup Slate Auto. This partnership underscores SK On's growing footprint in the US market. Starting in 2026, SK On will provide Slate with approximately 20 GWh of US-manufactured batteries until 2031, with the possibility of additional volumes as Slate's production increases. Slate's vehicles will utilize SK On's nickel-cobalt-manganese (NCM) batteries, which offer high-energy density and ...
    News
    Zenobē partners to expand zero-emission bus program in Brampton, Canada
    Zenobē has announced a significant project in Brampton, Canada, involving a partnership to expand zero-emission bus (ZEB) programs. Brampton's initiative, one of the largest in North America, will introduce 1,000 electric buses, replacing the city's diesel fleet and supporting over 40 million passengers annually. The first phase is projected to be operational by early 2027. This project is expected to bring C$1 billion in foreign investment to Canada, reinforcing business ties between the UK...
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    Mainland China-based automaker Hozon Auto enters bankruptcy review amid financial turmoil and restructuring plans
    Hozon New Energy Automobile, a mainland China-based automaker that sells electric vehicles under the Neta brand, has entered the bankruptcy review process, Yicai Global reported June 16, citing a notice posted on mainland China’s National Enterprise Bankruptcy Information Disclosure Platform (NEBIDP). The centralized information platform on bankruptcy cases updated its records on June 13, adding Zhejiang Zicheng Law Firm as the case administrator. This follows a bankruptcy review case fil...
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    Polestar secures $200 million investment from Geely Group's founder-owned PSD Investment
    On June 16, Polestar announced that it has secured a $200 million equity investment from one of its key shareholders, PSD Investment Ltd., a company controlled by Shufu (Eric) Li, the founder and chairman of Geely Holding Group. As per the securities purchase agreement, the Swedish carmaker will sell nearly 190.5 million newly issued Class A American depositary shares (ADS) to PSD Investment. The transaction is structured as a private investment in public equity (PIPE) at a price of $1.0...
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    Hyundai Motor begins engine production at Talegaon plant in India
    Hyundai Motor India Ltd. has officially commenced the production of passenger vehicle engines at its Talegaon manufacturing facility in Maharashtra, India, Autocar Professional reported June 16. The Indian subsidiary of the South Korean automaker Hyundai Motor, which went public in October 2024, disclosed this key milestone in a regulatory filing with the National Stock Exchange and BSE. In 2023, Hyundai acquired the Talegaon plant from General Motors as part of its long-t...
    News
    Leap, XOS partner to support the power grid with electric fleets
    Leap Energy, a platform for virtual power plants (VPPs), and XOS Inc., an electric truck manufacturer and fleet services provider, have forged a partnership to provide grid revenue opportunities for electrified fleets. This collaboration entails connecting XOS Hub charging technology to energy markets using Leap's automated platform. XOS manufactures electric stepvan vehicles for prominent logistics companies such as FedEx and UPS, and has developed the XOS Hub, a mobile, battery-integra...
    News
    Suppliers to the Nissan Murano
    The Nissan Murano is produced at the Smyrna Vehicle Assembly Plant in Tennessee.  Production of the vehicle is expected to peak at more than 37111 in 2025  according to a forecast from S&P Global Mobility. Image Source : Nissan  Suppliers to the Nissan Murano COMPONENT NAME SUPPLIERS Connected Garage Door Access Control Chamberlain Group LED Rear Combination Lamp North American Lighting ...
    Insights
    AutoTechInsight Weekly - 16 June 2025
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    News
    Ford CEO said company is struggling with rare earth material supplies
    Ford is struggling with the supplies of rare earth materials, Detroit Free Press and several other media outlets reported CEO Jim Farley telling Bloomberg TV in an interview. Mainland China, which holds over 90% of the global rare earth processing capacity, introduced stricter export licensing rules in April, affecting the supply to Western manufacturers across various industries, including automakers focused on electric vehicles. Farley highlighted ongoing difficulties, saying that the compa...
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    Hyundai Steel to supply 100,000 metric tons of steel to GM Korea amid strategic shift
    Hyundai Steel, a subsidiary of Hyundai Motor Group (HMG), plans to supply 100,000 metric tons of auto steel sheets to GM Korea, starting in September, The Korea Herald reported June 13. This decision follows GM Korea's move to change its steel sheet supplier from mainland China-based steel manufacturer Baoshan Iron & Steel amid quality certification processes. The supply will account for 20% of GM Korea's annual steel sheet consumption. This marks Hyundai Steel's first substanti...
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    Minda Corp. partners with Toyodenso to jointly develop and produce advanced automotive switches in India
    On June 11, Minda Corp. Ltd., the flagship company of India-based Spark Minda Group, announced a joint venture agreement with Japan-based Toyodenso Co. to produce advanced automotive switches for the Indian market. This partnership will provide comprehensive solutions, including design, development, manufacturing and marketing of automotive switches for two-wheelers, passenger cars and other segments. Minda Corp. will hold a majority stake in the venture with a 60/40 shareholding ratio. ...
    News
    Trump overturns California's EV mandate
    US President Donald Trump has signed three congressional resolutions to reverse California's efforts to accelerate the adoption of electric vehicles and phaseout diesel engines and the sale of gas-powered cars by 2035. These resolutions seek to repeal state-level mandates supported by former President Joe Biden's administration. General Motors and Toyota had opposed California's rules concerning EVs and gas-powered engines. California's plan, which inspired similar initiatives in 11 other sta...
    News
    General Motors plans to invest $4 billion on its US manufacturing plants
    US carmaker General Motors (GM) announced that it plans to invest $4 billion over the next two years to boost its domestic production of gasoline-powered and electric vehicles. This investment aims to increase the company's annual domestic vehicle assembly to over 2 million units. GM's announcement follows an earlier plan to invest $888 million in the Tonawanda propulsion plant near Buffalo, New York, to support the development of its next-generation V-8 engine. The new investments will impac...
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    Xpeng unveils G7 SUV with proprietary Turing chip for smart-driving features
    Xpeng, a Chinese automaker, unveiled its first vehicle featuring a proprietary smart-driving chip, marking a step away from reliance on US chipmaker NVIDIA, according to a report published by Nikkei Asia on June 11. The newly introduced G7 sport utility vehicle is equipped with Xpeng's Turing chip, named after the computer science pioneer Alan Turing. This chip is promoted as an enhancement for the company's intelligent cockpit and autonomous driving functionalities. Xpeng Chairman and CEO He...
    News
    Maruti Suzuki cuts e-Vitara production targets amid shortages of rare earth materials
    India's leading carmaker, Maruti Suzuki, has significantly reduced its near-term production targets for its inaugural electric vehicle, the e-Vitara, by nearly two-thirds due to rare earth material shortages, Reuters reported June 11. This decision underscores the ongoing disruptions affecting the automotive industry due to export restrictions imposed by mainland China. Originally, Maruti had planned to produce 26,500 e-Vitaras between April and September. However, the company now aims to man...
    News
    Marelli files for Chapter 11 bankruptcy protection in US to restructure debt
    On June 11, Marelli Holdings filed Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware to restructure its long-term debt obligations. “After careful review of the company's strategic alternatives, we have determined that entering the Chapter 11 process is the best path to strengthen Marelli's balance sheet by converting debt to equity, while ensuring we continue operating as usual,” David Slump, president and CEO of Marelli, said in a press release. Marelli said...
    Briefing
    Hyundai Motor’s rare earth stockpile can last about a year, report
    South Korean automaker Hyundai Motor has accumulated a rare earths stockpile sufficient to last about a year, Reuters reported June 10. The company does not expect any immediate effects from the global supply chain disruptions triggered by mainland China's export restrictions on rare earth elements and magnets. Mainland China's decision to limit exports of rare earths and related magnets in April caused challenges in the supply chains vital to automakers, aerospace manufacturers, semicondu...
    News
    Tata Motors aims to grow its EV charging network fivefold by decade’s end
    Tata Motors is planning to expand its electric vehicle charging infrastructure significantly by the end of this decade, aiming to mitigate range anxiety and improve EV adoption. The company intends to increase its public charging points to over 100,000 from the existing 22,000, covering more than 2,000 cities and towns with fast-charging facilities. The Mega Charger network, featuring ultrafast-charging guns ranging from 120 kW to 400 kW, is set to reach over 1,000 locations. Recently, Tata M...
    News
    VW to build future EVs on Rivian's new R2 platform
    As part of Volkswagen's joint venture with Rivian, VW will use Rivian's upcoming R2 platform for all its future electric vehicles, according to Rivian's Chief Software Officer Wassym Bensaid. Rivian plans for the R2 production to begin in the first half of 2026, with improvements over its predecessor, the R1, making the development process more efficient. The R2 offers a modular and scalable tech stack, allowing Volkswagen brands such as ŠKODA and Audi to inco...
    News
    Ample deploys modular battery-swap stations in Madrid
    US-based battery-swap technology company Ample has established its first modular battery-swapping stations in Madrid. This initiative was facilitated by the Moves Singulares award, a Spanish government-backed program aimed at promoting innovative technologies to support the transition to electric mobility. With €9.76 million in financial backing, Ample plans to install additional modular EV battery-swapping stations in Madrid's city center. This development is part of a larger strategy...
    News
    Automakers in mainland China commit to 60-day supplier payment terms to enhance industry efficiency
    Dongfeng Motor, Guangzhou Automobile Group Co. (GAC) and FAW Group, the leading state-owned automakers in mainland China, have committed to reducing supplier payment terms to 60 days, ETAuto reported June 11. The development comes amid growing regulatory scrutiny over delayed supplier payments and opaque financing practices in the automotive supply chain. This initiative is expected to improve capital flow and financial transparency in the mainland Chinese automotive industry, which ha...
    News
    AutoTechInsight Weekly - 9 June 2025
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    News
    Consortium led by Mitsubishi, Ample roll out battery-swapping initiative in Tokyo
    Mitsubishi Fuso Truck and Bus Corp. (MFTBC), Mitsubishi Motors Corp., Ample Inc. and Yamato Transport Co. Ltd. are launching a multiyear pilot program in September to deploy over 150 battery-swappable commercial electric vehicles and 14 modular battery-swapping stations across Tokyo. The program builds on a previous smaller pilot in Kyoto, Japan, and will involve swappable EVs, including MFTBC's eCanter truck and Mitsubishi Motors' Minicab EV, to serve commercial delivery fleets. Yamato Trans...
    News
    Rept Battero partners with Bakrie & Brothers Group for green energy expansion in Indonesia
    In a press release dated June 4, Rept Battero announced that it signed a strategic cooperation memorandum with Indonesia's Bakrie & Brothers Group to advance the use of green energy by integrating commercial vehicle battery systems in Indonesia. The event, which was held on May 29, was attended by various Indonesian governmental and industry stakeholders, marking a commitment to deliver power batteries for over 3,000 electric buses and trucks by 2025. Following this agreement, PT Rept Bat...
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    Suzuki halts production of Swift models owing to shortage of rare earth materials in Japan
    Suzuki Motor has suspended production of its Swift subcompact car owing to the shortage of rare earth materials and magnets in Japan. Mainland China's restrictions on rare earth exports have caused the shortage. Citing unnamed sources aware of the development, a news report published by Reuters on June 5 stated that Suzuki became the first Japanese automaker affected by these curbs. Production of the Swift models, excluding the Swift Sport version, was halted on May 26 because of a sh...
    News
    BYD plans to build megawatt charger network in Europe
    Leading mainland Chinese car manufacturer BYD announced its plan to establish a network of its recently launched megawatt chargers, popularly called flash chargers in Europe. This announcement was made by BYD's Executive Vice President Stella Li during a meeting with journalists in Brussels. In mainland China, BYD offers electric vehicles with batteries capable of recharging up to 400 km of driving range in just 5 minutes. The company plans to support these vehicles in Europe with its fl...
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    Indian government notifies guidelines to promote EV manufacturing
    The Indian government has approved a forward-looking scheme to promote the domestic production of passenger cars, with a special focus on electric vehicles, according to a press note published by the Ministry of Heavy Industries (MHI), via Press Information Bureau, on June 2. The scheme will allow approved applicants to import electric passenger cars as completely built units (CBUs) with a $35,000 minimum value at a 15% reduced customs duty for a period of 5 years from the application approva...
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    Trump plans to double tariffs on steel and aluminum imports to 50%, effective June 4
    US President Donald Trump has decided to further raise tariffs on steel and aluminum imports from 25% to 50%, effective June 4. "We are going to be imposing a 25% increase. We're going to bring it from 25% to 50% — the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States," Trump announced while speaking at a rally in Pittsburgh, Pennsylvania, the US.  In February 2025, a few days after becoming the US ...
    Briefing
    AutoTechInsight Weekly - 2 June 2025
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    News
    Maruti Suzuki signs MOU with JETRO to promote business opportunities for startups from India and Japan
    Maruti Suzuki India Ltd. has signed a memorandum of understanding (MOU) with the Japan External Trade Organization (JETRO) to promote innovation and create business opportunities for startups from both India and Japan, the leading Indian carmaker said in a press release on May 29. This collaboration will enable the two partners to assist Indian startups in accessing Japan's vibrant startup and innovation ecosystem while also providing Japanese startups with the opportunity to engage wi...
    News
    Nio, Zeekr sign agreement to share EV charging facilities in mainland China
    In a notable collaboration between two competing electric-car makers in mainland China, Nio and Zeekr have teamed up to share their respective electric vehicle charging facilities. On May 29, Nio's energy unit, Nio Power, and Zeekr's energy division, Zeekr Power, signed a cooperation agreement for their charging facilities. This collaboration aims to provide their customers with an efficient and convenient EV charging service. Users of Nio's brands, including Nio, Onvo and Fire...
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