Forvia unveiled its new strategic road map, IGNITE, at the 2026 Capital Markets Day. The road map, with the theme "Drive what matters and unlock what is next," will be implemented in two key phases: Focus & Strengthen between 2025 and 2028, followed by Lead & Grow. The strategic road map aims to sharpen Forvia's profile, reduce complexity and increase financial flexibility to promote growth and sustained cash flow generation. “IGNITE marks the start of a new strategic chapter for Fo...

Aptiv has announced that its Electrical Distribution Systems (EDS) business will be known as Versigent, following a tax-free spinoff planned for April 1. Versigent, expected to trade on the NYSE under the ticker symbol VGNT, will be led by Joseph Liotine as CEO. Liotine has been with Aptiv since 2024, serving as executive vice president and president of the EDS business. Doug Ostermann has been named CFO. Ostermann, who has extensive experience in the automotive and industrial sectors, recent...

Qualcomm is preparing to sign a deal to contract-manufacture and source automotive module products from India, which will be exported worldwide and sold domestically, as stated by Qualcomm Global CEO and President Cristiano Amon. This development marks Qualcomm as potentially the first leading global chipmaker to export such products from India, following the Indian government's announcement of a $10 billion semiconductor incentive package nearly four years ago. The announcement coincides with t...

Infineon Technologies is significantly contributing to the development of BMW Group's Neue Klasse, which is a platform aimed at individual mobility through electrification, digitalization and sustainability. This platform provides an integrated and future-ready electrical/electronic (E/E) architecture, laying the ground for improved and sustainable mobility solutions. Infineon's role includes delivering dependable computing, high-speed connectivity and efficient power management. At the Annual G...

A Dutch court has ordered an inquiry into alleged mismanagement at chipmaker Nexperia, in a development that affects its Chinese parent Wingtech. The decision allows the European management team, which assumed control following intervention by the Dutch state in 2025, to remain in charge. The dispute surrounding Nexperia — extending from corporate boardrooms to policymakers in Brussels and Beijing — has become one of the more visible recent corporate tensions between Europe and China. It ...

BorgWarner, located in Auburn Hills, Michigan, has announced an expansion of its series-production battery management system (BMS) program with a global original equipment manufacturer. BorgWarner has been supplying the BMS to this customer since 2023, and the expanded program will support additional B-segment and C-segment passenger cars and light commercial vehicles (LCVs) for battery-electric vehicle (BEV) and plug-in hybrid electric vehicle applications, starting in 2029. Stefan Demm...

The bilateral trade agreement finalized between India and the US will see nearly half of auto parts exported to the US attracting zero duty, Autocar Professional reported, citing Indian Minister of Commerce and Industry Piyush Goyal. “Some auto parts exports will attract zero duty, while others will face an 18% tariff. Around 50% of exports will be duty-free,” Goyal said on Feb. 7.   Before the deal, Indian auto component exports to the US were subject to an average tariff of about&n...

Taiwanese technology company Foxconn has started operations at its new research and development center focused on electric vehicles and associated technologies in Zhengzhou, located in mainland China. The local government announced that the facility is positioned close to BYD's factory in Zhengzhou and will concentrate on advancements in next-generation electric and electrical architecture, as well as smart driving technology. Li Guangyao, the general manager of a Henan, mainland China-bas...

VeriSilicon has announced enhanced versions of its image signal processing (ISP) IP ISP8200-FS series, namely ISP8200-ES and ISP8200L-ES, which offer improved performance and energy efficiency for complex automotive camera systems. These enhancements have achieved ISO 26262 ASIL-B functional safety certifications from TÜV NORD, underscoring their reliability for advanced driver assistance systems and autonomous driving applications. The enhanced ISP8200-FS series IP can operate up to 1.2 G...

In 2025, Hyundai Mobis won new business orders worth $9.17 billion from global automakers, excluding Hyundai Motor Group, which owns Hyundai Motor and Kia, surpassing its own target by 23%. This achievement was driven by substantial new orders for electrification components, an expanded supply of high-value-added electronic components, and proactive market entry into emerging economies such as mainland China and India. These results are notable given the revisions many global automakers hav...

QCraft has commenced the year with QCraft Day 2026, showcasing its advancements and objectives in the autonomous driving sector to over 200 industry guests in Beijing on Jan. 23. During the event, the company highlighted its achievements in mass production, development and deployment, as well as its plans for further expansion. James Yu, co-founder, chairman and CEO of QCraft, delivered a keynote speech titled "Bringing Autonomous Driving into Real Life," describing 2026 as the start of a t...

DENSO plans to invest $69 million in constructing an advanced logistics center in Lebanon, Tennessee, which will retain 100 jobs in the area and enhance the company's operations and competitiveness in North America. The 280,000-square-foot facility is scheduled to begin construction in summer 2026 and open in spring 2027, replacing DENSO's current Wilson County, Tennessee, operations with a larger, technologically advanced space. The phased transition will ensure continuity for DENSO's workforce...

Honda is taking steps to diversify its semiconductor procurement from both domestic and international suppliers to mitigate the risk of another shortage that previously led to significant operating profit losses late in 2025. Starting January 2026, the automaker will incorporate these new supplies into its mass-produced vehicles. The decision follows a production halt in the US and China, which was triggered by a temporary supply cutoff from Chinese-owned Nexperia due to a standoff with the Dutc...

Honda Motor has announced the extension of operational suspensions at three Chinese factories due to a shortage of automotive semiconductor devices. This affects the sites of GAC Honda Automobile, a joint venture with Guangzhou Automobile Group, which were initially scheduled to resume operations after a five-day shutdown but will now restart on Jan. 19. Production of gasoline-powered vehicles and other automobiles will be halted through Jan. 16. Meanwhile, Dongfeng Honda Automobile, another JV&...

Visteon Corp. is presenting its comprehensive solutions at the Consumer Electronics Show (CES) 2026 in Las Vegas this week (Jan. 6–9). The company’s showcases at the annual event feature a range of production-ready intelligent cockpit electronics, AI computing solutions, advanced displays and electrification platforms. "This is not a concept showcase, but real technology, running live, and ready for the road," said Sachin Lawande, president and CEO of Visteon. "We're demonstrating how sol...

Stradvision has announced a collaboration with Renesas Electronics Corp. to showcase its SVNet FrontVision perception software on Renesas’ next-generation R-Car X5H automotive system-on-chip (SoC) at the Consumer Electronics Show (CES) 2026. The demonstration features Stradvision’s camera-based front perception optimized for Renesas’ fifth-generation R-Car platform. Built on the R-Car X5H — Renesas’ first multidomain automotive SoC produced on advanced 3-nanometer (nm) process techn...

Hyundai Motor Group has announced executive appointments for 2026, aiming to accelerate its transformation into a software-driven mobility group and bolster its leadership in technology and research and development. The appointments focus on promoting experts in key business areas to address global uncertainties. Manfred Harrer will become president and head of the R&D Division, enhancing Hyundai's software-defined vehicle  (SDV) competitiveness through collaboration in software domains...

Nio's third-generation ES8 electric sport utility vehicle is facing production challenges due to a shortage of a functional chip, a situation reminiscent of the automotive industry's struggles four years ago. The mainland Chinese electric-vehicle maker announced via the Nio App that the supply constraints affect the expansion chip for the rear-seat entertainment system in the ES8. Starting Dec. 22, newly produced ES8 vehicles will incorporate a new technical solution to address this issue, ensur...

Honda Motor plans to halt operations at its plants in Japan and China between late December 2025 and early January 2026 due to a semiconductor shortage. This decision follows previous temporary production suspensions in Mexico, caused by disruptions in semiconductor supplies, in October 2025 and November 2025. The company announced that it will pause production at three automobile plants in China, operated through a joint venture with a Chinese automaker, for five days starting Dec. 29, 2025. In...

Innoviz Technologies announced its participation in the Consumer Electronics Show (CES) 2026, scheduled from Jan. 6 to 9, 2026, in Las Vegas. Innoviz will showcase live demonstrations of its lidar technology, including the new InnovizThree lidar, the Innoviz lidar platform and the InnovizSMART lidar sensor. The InnovizThree is designed for behind-the-windshield placement, facilitating seamless integration into vehicle design. Innoviz will demonstrate its advanced capabilities, catering t...

Luminar Technologies has initiated voluntary Chapter 11 cases in the US Bankruptcy Court for the Southern District of Texas to facilitate value-maximizing sales for its lidar business and the equity of its subsidiary, Luminar Semiconductors. This decision has the support of approximately 91.3% of its first lien noteholders and about 85.9% of its second lien noteholders. Luminar Semiconductors is not a debtor in these Chapter 11 cases, and its operations are expected to remain unaffected. Prior t...

Samvardhana Motherson International Ltd. (SAMIL) has acquired the remaining 10% equity stake in Motherson Lumen Systems South Africa Pty. Ltd. This acquisition was carried out through Motherson Lumen Holding Ltd., which is an indirect wholly owned subsidiary of SAMIL. With this acquisition, Motherson Lumen Systems South Africa has become an indirect wholly owned subsidiary of the parent company. Motherson Lumen Systems South Africa operates a design, manufacturing and sales facility loca...

Visteon has inaugurated a new engineering center in Tunis, the capital city of Tunisia, La Presse reported Dec. 14. The development marks a significant step for the US-based automotive supplier, which has operated in Tunisia since 2005. Visteon aims to expand its workforce in Tunisia to 900 employees by 2028, up from 560 at present, with nearly 40% in managerial roles. The new center is expected to support growth in engineering as well as research and development. Leveraging local talent, the...

Rimac Technology, a division of the Croatian carmaker Rimac Group, is developing a solid-state battery for Bugatti, Autocar magazine reported Dec. 9, citing an interview with Nurdin Pitarevic, COO of the company. Pitarevic said that Rimac Technology is already well advanced in developing a new range of solid-state batteries. The company is collaborating with cell-maker ProLogium and Mitsubishi, aiming for market release late in the decade. Pitarevic anticipates the first application of these bat...

Aumovio, previously part of Continental's Automotive group sector, is set to exhibit at the Consumer Electronics Show (CES) 2026 in Las Vegas from Jan. 6–9, 2026. At CES 2026,  Aumovio will showcase its optical precision technologies and user experience expertise through its branded, personalized cockpit, featuring advanced display solutions such as vibrant color ePaper displays, switchable privacy options and organic light-emitting diode display-integrated cameras to enhance in-car ...

Hyundai Mobis is set to present over 30 advanced automotive technologies at the Consumer Electronics Show (CES) 2026 event in Las Vegas, scheduled from Jan. 6 to 9, 2026. The leading automotive supplier from South Korea will operate its booth as a private exhibit for invited customers, focusing on meaningful business opportunities with key North American clients. Under the theme Layer of Progress, Hyundai Mobis aims to showcase how its technologies connect and evolve, highlighting innovations...

Subaru Corp. has achieved ISO 26262 certification, which is the international standard for automotive functional safety in the development of the System-on-Chip (SoC) for its next-generation EyeSight. The certification was granted by SGS-TÜV Saar GmbH and applies to the semiconductor Soft IP, which has now been certified to ASIL-C. This marks the first instance in Japan where an automaker has obtained ASIL certification under ISO 26262 in the semiconductor field. For the new EyeSight system,...

On Oct. 22, 2025, Philippine Manufacturing Co. of Murata Inc., a manufacturing subsidiary of Japan-based Murata Manufacturing, inaugurated a new production building in Batangas, Philippines, which had been under construction since August 2023. The new production building will enable the Japanese supplier to enhance its global production capabilities in response to the anticipated medium- to long-term increase in demand for multilayer ceramic capacitors (MLCCs), driven by growth in the mobil...

Thomas Schaefer, head of the VW brand, confirmed that Volkswagen has successfully secured the necessary supply of chips for its production. Other automakers and suppliers are facing continued difficulties due to a chip supply shortage stemming from a trade dispute over the manufacturer Nexperia. Schaefer stated on Nov. 18 that Europe's largest automaker learned valuable lessons from the chip crisis that followed the COVID-19 pandemic, and they are not experiencing shortages. The same day, sup...

The Dutch government has decided to relinquish control of Nexperia, a Chinese-owned chipmaker, effectively de-escalating a crisis that could have disrupted global auto production, according to an Automotive News Europe report on Nov. 19. This decision follows constructive talks with China, after the Netherlands had seized control at the end of September due to concerns that actions by Wingtech Technology, Nexperia's Chinese owner, could disrupt the company's operations. Nexperia plays a crucial ...

Forvia Hella has announced the appointment of Peter Laier as its new CEO. Laier, who most recently served as a board member of ZF Group, will officially take over the CEO role at the Germany-based automotive electronics and lighting supplier on Feb. 15, 2026. Until then, Bernard Schäferbarthold will continue serving as the CEO. "Dr. Laier brings to Forvia Hella a strong global perspective and strategic mindset, as well as highly relevant expertise in the markets where Forvia Hella performs a...

Samsung Electronics and other major South Korean manufacturers, including Hyundai Motor Group, Hanwha Ocean and HD Hyundai, announced plans for domestic investment, following concerns that a US trade deal could potentially divert investments away from home, as reported by Reuters on Nov. 16. Samsung Electronics revealed it will add a new chip production line at its Pyeongtaek plant in South Korea to cater to the growing demand fueled by the global surge in AI. This is part of a broader init...

Mainland China has opened its first state-level testing platform for automotive chips in Shenzhen, as reported by the South China Morning Post. This facility aims to verify car-chip standards and is part of China's broader effort toward technological self-sufficiency. The platform was established through the collaboration of two state-owned enterprises: China Reform Holdings and the China Automotive Technology and Research Center. Equipped with over 80 sets of testing instruments and 13 ...

Dutch chipmaker Nexperia BV said it welcomes recent announcements by the US and Chinese governments lifting restrictions on the shipment of its chips, marking a potential turning point in the global supply disruption that has alarmed automakers, Reuters reported Nov. 2. The company emphasized that its priority is now ensuring supply stability for customers. The Dutch government, which recently took control of Nexperia citing national security reasons, stated it continues discussions with Chin...

Infineon Technologies has established a dedicated Ultra-Wideband (UWB) Application Lab in Graz, Austria, in collaboration with Silicon Austria Labs (SAL). This lab focuses on advancing UWB technology by exploring use cases and delivering real-world applications for the automotive and other markets. The UWB lab aims to accelerate innovation and customer value by integrating cutting-edge research with practical testing, serving as a hub for collaboration with international customers, research inst...

According to a report Reuters published on Oct. 31, Stellantis has established a “war room” to manage potential chip shortages occurring from complications at Dutch group Nexperia. During a call with analysts about the company's third-quarter performance, CEO Antonio Filosa responded to a question about whether Stellantis could face production stoppages similar to those at Volkswagen, emphasizing that Stellantis is actively monitoring the chip situation related to Nexperia and implementing a...

Lumax Auto Technologies Ltd. (LATL), a tier 1 supplier to Indian automotive manufacturers, launched its new Technology Center in Bengaluru, India, on Oct. 30. Named the Smart Hub for Innovation and Future Trends (SHIFT), this research and development center is designed to enhance electronics engineering and digital capabilities for software-defined vehicles (SDVs). It will focus on R&D in areas such as in-cabin experiences, advanced driver assistance systems, connectivity and embe...

Europe's automotive industry is bracing for disruptions after a diplomatic and trade dispute over Dutch chipmaker Nexperia escalated, prompting urgent calls from automakers and suppliers for political intervention to avert production halts. The standoff began after the Dutch government placed Nexperia—owned by China's Wingtech Technology- under state control, citing national-security and intellectual-property concerns. In response, Beijing blocked exports of Nexperia's chips from its facili...

US auto manufacturers could face major production disruptions within two to four weeks as tensions escalate between China and the West over chipmaker Nexperia, according to the Motor & Equipment Manufacturers Association (MEMA), the largest vehicle supplier group in the United States. Beijing recently prohibited Nexperia — a key supplier of semiconductors for the automotive and consumer electronics sectors — from exporting chips produced at its Chinese facilities. The move came after ...

Nexperia has informed Japanese auto-parts manufacturers that it may be unable to ensure stable chip supplies, according to the Japan Automobile Manufacturers Association (JAMA), The Japan Times reported Oct. 23. JAMA said on Thursday (Oct. 23) that Nexperia’s semiconductors are essential components in vehicle electronic control units, and any disruption in their supply could severely affect global automobile production. The association expressed hope that the nations involved will find a sw...

Renesas Electronics Corp. is considering selling its Timing division, a move that could see the unit valued at nearly $2 billion. The Japanese semiconductor firm has engaged JPMorgan to explore this potential divestment, which is in its preliminary stages. There is expected interest from major players in the chip industry, such as Texas Instruments from the US and Germany's Infineon.  Renesas' Timing division specializes in integrated circuits responsible for managing clock, timing and s...

The Dutch Department of Economic Affairs has assumed control of semiconductor manufacturer Nexperia due to concerns about the transfer of crucial technological knowledge to its Chinese parent company, Wingtech, according to an Oct. 14 report by Cybernews. The intervention was prompted by signals indicating serious governance shortcomings within Nexperia, which posed a threat to the technological capabilities and economic security of both the Netherlands and Europe. The Goods Availability Act was...

Hesai Technology announced that it will produce its 1-millionth lidar unit by 2025, making it the first lidar company to reach this production milestone annually, according to a press release on Oct. 3. The company said that its achievement showcases the company's ability to manufacture large-scale, high-quality lidar efficiently and aligns with Hesai's corporate vision to enable 1% of vehicles worldwide with 3D perception by 2025. Meanwhile, Keysight Technologies has expanded its end-of-line...

Innoviz Technologies announced that its hardware qualification testing laboratories have received the ISO/IEC 17025:2017 certification. This certification is an internationally acclaimed standard that confirms the competence of testing and calibration laboratories. This achievement distinguishes Innoviz as among the limited number of lidar companies with accredited in-house testing capabilities, which facilitates faster testing durations, parallel product development and an expedited time to mar...

On Sept. 16, Schaeffler hosted a Capital Markets Day in Frankfurt, Germany, the first after the acquisition of Vitesco Technologies. CEO Klaus Rosenfeld, along with other executives, outlined its strategic vision to become a leading motion technology company. The integration of Vitesco has bolstered Schaeffler's portfolio, especially in power electronics, electronic control units and sensors, aiming to solidify its position as a top global player across the ...

Minda Corp., the flagship company of India-based Spark Minda Group, has outlined ambitious revenue growth plans targeting revenue of over 175 billion rupees (nearly $2 billion) for the fiscal year 2029/30, a three-and-a-half-fold increase from its current revenue base, Autocar Professional reported Sept. 24. This growth is expected to be driven by increased contributions from the passenger vehicle segment, premium products evolution, electrification advancements and expanded export activities. ...

LG Innotek is planning to establish a new production center in Querétaro, Mexico. According to the Querétaro state government, the South Korean supplier will invest $190 million in the facility, which will focus on the production of cameras, LEDs, motors and automotive components. The new factory will be situated in the Kaizen Industrial Park in Colón, Querétaro, and the initial phase is expected to employ 630 people. “They are going to invest about US$190 million. The first p...

Aumovio, the former Automotive group sector business of Continental, started trading on the Frankfurt Stock Exchange (FTSE) as an independent automotive technology company on Sept. 18. The company’s shares debuted on FTSE under the ticker symbol AMV0 at €35.00 per share, forming a market capitalization of €3.5 billion. As previously announced, Continental’s shareholders received one share of Aumovio for every two Continental shares held. "Today's listing marks the start of a new ...

Schaeffler has commenced large-scale production of its high-voltage inverter brick in Tianjin, mainland China, within one year, for a leading mainland Chinese automotive manufacturer. This milestone signifies a significant step in Schaeffler's electrification strategy. The inverter brick, powered by cutting-edge silicon carbide (SiC) technology from development partner ROHM, is adaptable and scalable, making it suitable for various battery-electric, plug-in and range-extender vehicles. The in...

Hyundai Mobis is participating in IAA Mobility 2025 Europe to showcase its future mobility vision and technological strategy. The company aims to demonstrate its technological competitiveness in Europe using its next-generation core technologies, which include electrification and electronics, with the goal of translating this into global core technology orders. Under the theme Deeper Look to Progress, Hyundai Mobis is presenting its technological innovations to advance future mobility to the Eur...

In a press release on Sept. 3, Synopsys announced the expansion of its Synopsys.ai Copilot generative AI capabilities for semiconductor design, enhancing speed and complexity handling in chip development. Synopsys aims to optimize silicon performance and improve efficiency, with early access customers experiencing significant gains in design quality and productivity. The AI capabilities are streamlining workflows, allowing tasks that took days to be done in hours and those that took hours to be ...

Jutta A. Dönges is set to join the executive board of Aumovio SE as the CFO, latest by March 1, 2026, Continental said in a press release on Aug. 28. Dönges will take over from Philipp von Hirschheydt, the designated CEO of Aumovio, who is also serving as the interim CFO of the company. Aumovio's supervisory board has appointed Dönges as CFO for a period of three years. She is working as CFO of Uniper, a Germany-based multinational energy company. Dönges, a graduate of...

GlobalFoundries said that its funding under the CHIPS Act remains secure and does not involve any equity arrangements, following the US government's recent acquisition of a 10% equity stake in Intel, according to a report published by Reuters on Aug. 27. At the Deutsche Bank Technology Conference, John Hollister, the company's CFO, confirmed that it is receiving government funding as per its milestone achievements.  The government's stake in Intel came with a deal involving NVIDIA and AM...

Li Auto has developed its in-house autonomous driving chip, the M100, which demonstrates effective computing power comparable to two NVIDIA Thor-U chips for large language model tasks. The M100 has successfully completed prototype production and has undergone functional and performance testing, showing promising results in stress tests. It is expected to enter mass production and be integrated into vehicles in 2026. Until then, Li Auto will continue to depend on NVIDIA and Horizon Robotics. T...

Hyundai Mobis recently held its 2025 CEO Investor Day on Aug. 27, where President and CEO Lee Gyu-suk presented the company's long-term growth strategy focused on strengthening technology competitiveness, improving profitability and expanding its global customer base. Central to this strategy is the development of leading-edge technologies, including advanced windshield displays and software-defined vehicle (SDV) solutions. The company is focusing on future mobility areas such as electrification...

On Aug. 22, Samvardhana Motherson International Ltd. (SAMIL) established a wholly owned subsidiary, Motherson Egtronics Electronics Solutions Ltd. (MEESL), to focus on advanced clean mobility electronics, Autocar Professional reported Aug. 23. The new subsidiary was founded a month after the company entered a joint venture agreement (JVA) with South Korea-based Egtronics Co. Ltd. MEESL will initially be fully owned by SAMIL. According to the JVA, the ownership will eventually evolve to 51% ow...

As reported in a press release on Aug. 21, Hyundai Mobis has attained the highest grade of ISO 26262 certification for its entire vehicle semiconductor research and development process, which is an international standard for functional safety. This certification, granted by Exida, an automotive functional safety and cybersecurity certification agency, is not limited to specific products but covers the entire process from semiconductor design to quality verification. The certification ensures tha...

Momenta, an autonomous driving technology company, has created its first self-developed computer chip, aiming to revolutionize the autonomous driving industry. Traditionally a software company, Momenta is now transitioning to a full-stack provider, offering both software and hardware solutions. This approach places it alongside competitors such as Horizon Robotics, providing integrated systems for modern electric vehicles. The company's newly activated chip is designed to compete directly with r...

In a press release on Aug. 13, the Automotive Edge Computing Consortium (AECC) announced that Eneos Corp., Japan’s leading energy company, has joined as a member. The AECC is a nonprofit consortium comprised of various cross-industry stakeholders focused on promoting best practices at the intersection of vehicle technology, mobility and computing. As a new member of the consortium, Eneos will work alongside other AECC members to assess the initiatives undertaken by mobile network operators,...

The semiconductor industry is experiencing significant developments as US President Donald Trump announced on CNBC's Squawk Box that his administration plans to introduce tariffs on semiconductors and chips, potentially as soon as next week. However, the details of these tariffs remain unspecified. This move could have profound implications for US hardware and AI companies. In 2022, the US CHIPs and Science Act was enacted, providing $52 billion in subsidies to encourage domestic chip manufactur...

Tesla intends to concentrate its AI chip development on inference chips that run AI models and facilitate real-time decisions, as announced by CEO Elon Musk. This decision follows reports from Bloomberg News, which suggested the disbandment of Tesla's Dojo supercomputer team, led by Peter Bannon, who has reportedly exited the company. The Dojo supercomputer was initially created with custom training chips to handle extensive data and video from Tesla electric vehicles to enhance its autonomous-d...

SGS-TÜV Saar has awarded Geely Auto the world's first certification for AI safety process compliance under the ISO/PAS 8800:2024, marking an important milestone in the automotive industry. This certification affirms that Geely Auto's safety process architecture aligns with the latest standards for AI systems in road vehicles, setting a precedent for secure and standardized AI integration in autonomous driving technologies. With AI playing a crucial role in advanced mobility by enhancing sensing...

Continental demonstrated resilience in the second quarter of 2025, with notable improvements in the Automotive group sector's earnings compared to the previous year and the start of 2025. Despite challenges from tariffs and exchange rates, the Tires group sector maintained a strong double-digit adjusted EBIT margin, while ContiTech increased its adjusted EBIT margin compared to the first-quarter. The company intends to further enhance the Tires and ContiTech sectors in the latter half of the yea...

GlobalFoundries is intensifying its China-for-China strategy through a new partnership with a local foundry, despite facing a weak third-quarter outlook due to sluggish consumer demand. The chipmaker is initiating this collaboration with automotive-grade complementary metal-oxide-semiconductor (CMOS) and bipolar-CMOS-DMOS (BCD) technologies. The company's executives revealed that both domestic and international semiconductor companies with needs in China are expected to benefit from this de...

Continental's Automotive group sector will debut under the new independent company name AUMOVIO at the IAA Mobility in Munich from September 9-12, 2025, with a press day on September 8. This event will allow visitors to see the latest technology innovations across four industry themes: safe, inspiring, connected, and autonomous. AUMOVIO represents the consolidation of Continental's automotive expertise into a new technology and electronics company focused on key technologies, as explained by AUM...

The US has reached a framework for a trade deal with the EU, allowing the US to impose a 15% import tariff on most goods from the EU. This agreement was jointly announced by US President Donald Trump and European Commission President Ursula von der Leyen on Sunday, July 27, at Trump's luxury golf course in Turnberry, Scotland. This development concludes a lengthy period of uncertainty with the EU, the US' largest trading partner. Trump confirmed the 15% levy on most imports from the EU, inclu...

NXP Semiconductors NV CEO Kurt Sievers indicated that the prolonged inventory surplus of automotive chips, which has been affecting the company's business, might conclude in 2025, according to a Bloomberg report published July 22. Despite facing challenges such as heavy competition and supply chain disruptions due to tariffs impacting car demand, Sievers mentioned that the company's automotive sector is seeing substantial growth from the second to the third quarter. He expressed optimism that on...

Sunrise, a chip developer spun off from Chinese AI giant SenseTime, has secured 1 billion yuan (about $139 million) to accelerate product development, expand its market presence and grow its team with the aim of reducing AI inference costs. The Series A funding round saw participation from investors including Huaxu Capital, a subsidiary of Sany Group; AI unicorn 4Paradigm; and game developer Yoozoo Interactive; as announced by the Hangzhou-based company. Sunrise became an independen...

Qualcomm has announced its inaugural Snapdragon Auto Day in India, set for July 30, in New Delhi, in collaboration with Amazon Web Services (AWS), according to a report published by Sakal Media Group on July 9. This event is designed to unite leaders from the automotive and technology industries, including original equipment manufacturers, tier 1 suppliers and ecosystem partners, to discuss the future of connected and software-defined vehicles. The main focus is to present innovations aimed a...

MediaTek is focusing on expanding its footprint in the automotive sector in India, with projections that the country will contribute 20% of its global automotive deployments over the next five years, according to a report published by Autocar Professional on July 9. “From an automotive standpoint, India is expected to account for 20% of the total number of deployments in the segment in the next five years,” said Rita Wu, director of Product Marketing, Automotive Platform, at MediaT...

Chief executives from LG Group's key units, including LG Electronics, will hold closed-door meetings with global carmakers to expand in the software industry. LG Innotek, a major South Korean electronics parts developer, has entered the automotive application processor market, which is expected to grow at 22% annually over the next five years. LG Electronics, a leading global home appliance maker, announced plans to invest more than 1 trillion South Korean won ($762 million) in its ven...

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...

Infineon Technologies has provided an update on its 300-mm gallium nitride (GaN) manufacturing roadmap, confirming it is on track to ship initial customer samples by the fourth quarter of 2025. The company is progressing toward enhancing its customer base and reinforcing its market presence. Infineon is noted for its expertise in power systems, managing materials such as silicon (Si), silicon carbide (SiC) and GaN. GaN semiconductors offer advantages such as higher power density, faste...

Intel has announced substantial layoffs and the closure of its Automotive Chip division, aimed at cost reduction and operational efficiency, according to a report published by Hans India on June 26. This strategic shift comes under the guidance of newly appointed CEO Lip-Bu Tan, who has prioritized lean operations and diminished bureaucracy. According to a WARN Act filing, 107 employees at Intel's headquarters in Santa Clara, California, will face layoffs starting July 15. This reduction...

Marelli Holdings has received interim approval from the US Bankruptcy Court for the District of Delaware to access up to $519 million out of a total $1.1 billion in debtor-in-possession financing. This approval pertains to Marelli's First Day motions related to its voluntary Chapter 11 petitions. Marelli filed for Chapter 11 bankruptcy protection to restructure its long-term debt on June 11. The secured financing, along with revenue from Marelli's ongoing operations, is intended to provi...

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...

Continental is on track to spin off its automotive group sector business under the Aumovio brand and its subsequent listing on the Frankfurt Stock Exchange by the end of 2025. Aumovio SE reached a key milestone on June 5, when its supervisory board confirmed the executive board appointment. Alongside CEO Philipp von Hirschheydt, four new members have been appointed to strengthen the board. Ingo Holstein will assume the role of chief human resource offic...

Hyundai Mobis has inaugurated a significant logistics center in Gyeongju, South Korea, to enhance the supply of aftersales parts for Hyundai Motor and Kia in the country, according to a report published by Business Korea on May 30. The Yeongnam Logistics Center, situated in the Myeonggye 3 General Industrial Complex in Gyeongju, North Gyeongsang Province, began full operations earlier in 2025. Construction of the center cost approximately 97 billion won (about $0.071 billion) and spann...

Innometry announced its plans to present X-ray inspection solutions for electric vehicle batteries at The Battery Show Europe 2025 in Germany. This event, recognized as Europe's largest battery expo, will feature Innometry's booth showcasing its X-ray equipment capable of precisely analyzing the internal structure of rechargeable batteries to identify defects and mitigate EV fire risks. Emphasizing its technological capabilities, the South Korean company utilizes artificial intelligence-based so...

Dekra, a leading provider of safety, security, and sustainability testing and certification services, has opened a new automotive testing laboratory in Plymouth, Michigan. The facility, which is designed to address the future needs of the mobility sector, provides a wide range of automotive testing, validation and certification services, including electric vehicle testing, automotive electromagnetic compatibility (EMC), reliability testing, automotive connectivity technologies and digital t...

Pioneer India, a subsidiary of Pioneer Corp., has established a new Research & Development Center in Bengaluru, India. This center will coordinate with Pioneer's global R&D and engineering networks to develop solutions in various areas, including automotive vision and sensing technologies, advanced driver assistance systems, and digital cockpit and human-machine interfaces. It will also focus on cloud-connected infotainment and telematics, AI and mobility data platforms, and connected so...

In a press release on May 28, Aeva announced that Loxo, a Swiss provider of urban autonomy software, has chosen its long-range 4D Lidar technology for integration into Loxo's autonomous driving platform, Digital Driver. This collaboration will kick off with the deployment of Aeva Atlas, Aeva’s 4D Lidar sensor, across Loxo’s fleet of delivery vehicles. The Aeva Atlas will be implemented in Loxo's delivery vehicles, which are specifically designed for middle and last-mile log...

Semiconductor supplier Wolfspeed is preparing to file for Chapter 11 bankruptcy within weeks due to challenges in managing its debt, according to a Reuters report dated May 20. The report referenced The Wall Street Journal as the original source of the news, which cited sources familiar with the situation. Following this news, the company's shares fell over 57% in extended trading. Wolfspeed has been facing difficulties stemming from low demand in industrial and automotive markets, as well as...

Luminar Technologies, a US-based company specializing in Lidar technology, finalized an agreement with YA II PN Ltd., an investment fund managed by Yorkville Advisors Global, and another accredited investor to raise up to $200 million through convertible preferred stock in registered direct offerings over the next 18 months. Under the terms of the agreement, Luminar will issue $35 million of convertible preferred stock, with the potential for additional issuances of up to $35 millio...

As reported in a press release on May 12, Forvia Hella has secured a significant customer order from a global premium manufacturer to develop and produce an advanced control module (ACM), with series production set to begin in 2028. Additionally, its intelligent power distribution module (iPDM) will start series production for another automotive manufacturer by midyear. The combined order volume for these projects exceeds €1 billion, with production based in Timisoara, Romania, and development...

NOVOSENSE Microelectronics, a provider of analog and mixed-signal chips, showcases its solutions at PCIM Expo & Conference 2025 in Nuremberg, Germany, according to a press release on May 7.  Since its establishment in 2013, NOVOSENSE has achieved key milestones of shipping over 668 million automotive chips by 2024, acquiring MagnTek to bolster magnetic sensor expertise, and achieving ISO26262 ASIL D 'defined-practiced' certification for functional safety.  Automotive Electron...

Ford Motor has terminated the development of its next-generation electrical architecture, known internally as FNV4, which was aimed at enhancing vehicle software functions to compete with electric vehicle companies such as Tesla, according to Reuters. The project, which began with substantial investment to streamline software functions, was discontinued due to escalating costs and delays. Despite this, Ford will integrate the lessons learned into its current software system, with a continued foc...

Forge Nano Inc., a technology company specializing in battery and semiconductor innovations, has secured $40 million in new funding to scale its US operations. This funding round was led by RockCreek and Ascent Funds, with participation from Top Material, Orion Infrastructure Capital and existing investors. RockCreek joins other shareholders such as GM Ventures, Volkswagen, LG Technology Ventures and Hanwha, bringing Forge Nano's total capital investment to over $140 million. Paul L...

Toyota Motor is exploring the possibility of investing in a potential buyout of Toyota Industries, Reuters reported April 27. “We are currently exploring various possibilities, including partial investment,” the Japanese automaker confirmed in a regulatory filing with the Tokyo Stock Exchange on April 26. Meanwhile, a report from Bloomberg on April 25 said that Akio Toyoda, chairman of Toyota Motor, and his founding family have proposed to acquire Toyota Industries for ¥6 trillion (...

Continental has decided to name its Automotive Group Sector business, which is set to become an independent company, Aumovio, the company announced on the sidelines of Auto Shanghai 2025. According to the Germany-based supplier, the new name embodies a strong market position, rich heritage and technological expertise, all aimed at transforming the future of mobility through innovative solutions. Pending approval at the Continental annual shareholders' meeting on April 25, Aum...

South Korea announced an increase in its support package for the country's critical semiconductor industry, raising the amount to 33 trillion won (about $23.25 billion), which marks a significant increase from the previously unveiled package of 26 trillion won, according to a report published by Reuters on April 15. This decision comes in the wake of growing policy uncertainty under the current US administration and increasing competition from mainland Chinese rivals. To address these chall...

In a press release on April 15, Continental announced that it will highlight its innovations aimed at transforming future mobility through software-defined vehicle technologies, focusing on safety, autonomy and sustainability at Auto Shanghai 2025. During a press conference scheduled for April 23, Philipp von Hirschheydt, an executive board member responsible for the Group Sector Automotive, will reveal the name of an independent Automotive company that will emerge from Continental's planned spi...

ON Semiconductor (Onsemi) has shelved its plans to acquire Allegro MicroSystems and withdrawn its all-cash offer of $35.10 per share to buy all outstanding shares of Allegro. Instead, the US chipmaker will focus on existing opportunities to enhance stakeholder value. The company also plans to continue allocating funds to its share buyback program. “While we continue to believe that a combination with Onsemi would be beneficial to all stakeholders of both companies, after...

Hyundai Mobis hosted its fourth annual Mobis Mobility Day in Detroit to underline its commitment to forging future mobility technology alliances in North America. The event, themed "Mobis in Global," was designed to showcase the company's business vision, investment achievements and its dedication to innovation within the global automotive industry, particularly focusing on software-defined vehicles (SDVs), electrification and automotive electronics. Unlike the first three editions of the Mob...

Hyundai Mobis has announced the expansion of its Indian research and development center in Hyderabad, Telangana, striving to enhance its automotive software development capabilities. This move aims to consolidate two previously separate R&D centers into a singular, large-scale base, making it a strategic hub for software strategy with a focus on the growing importance of software in the automotive industry, particularly for electric vehicles and sport utility vehicles. The company seeks to s...

At the Hannover Trade Fair 2025, Imec, a research and innovation hub in nanoelectronics and digital technologies, announced a collaboration with the state government of Baden-Württemberg, Germany, to launch the Advanced Chip Design Accelerator (ACDA) in Baden-Württemberg. This new competence center aims to enhance Imec's Automotive Chiplet Program by developing chiplets, packaging, system integration, sensing and AI technology, thereby supporting the automotive industry in the introductio...

In January, Inova Semiconductors inaugurated its new headquarters located at Zielstattstrasse 32, 81379 Munich, marking a significant step in its five-year expansion strategy. The move to the larger office space is designed to support the company's plans for international growth, particularly in Asia and North America, and to accommodate its innovation in semiconductor technologies. With the goal of expanding its workforce to approximately 100 full-time positions in the coming years, the new hea...

UL Solutions Inc., a global leader in applied safety science, plans to develop a new advanced automotive electromagnetic compatibility (EMC) laboratory in Toyota City, Japan, to provide testing to help manufacturers protect against electromagnetic interference that can cause critical systems in vehicles, such as braking and engine control, to malfunction, the company announced March 16. EMC testing continues to gain more importance as vehicles are being increasingly equipped with more complex...

Thyssenkrupp, a German conglomerate, announced its plan to reduce its workforce by approximately 1,800 jobs due to ongoing difficulties within the automotive sector. The company attributed the decision to persistently challenging market conditions in the global automotive industry and highlighted a strategic move to freeze hiring as part of its efforts to navigate these challenges. Thyssenkrupp aims to implement these and other measures, including reducing investments, to achieve savings of m...