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    The evolving landscape of automotive startups
    The automotive industry is undergoing a profound transformation driven by rapid technological advancements. At the forefront of this evolution are mobility startups, which are pioneering innovations across domains such as software-defined vehicles (SDVs), autonomous driving and battery technologies. S&P Global Mobility recently published the "AutoTechInsight Mobility Startups Report - H1 2025," highlighting the major trends in the automotive startup ecosystem, by analyzing data from appro...
    Insights
    Ford’s bold bid for the next big thing
    How cars are built and the concept of the moving assembly line are culturally ingrained in the automotive industry. Every now and again, the automotive industry goes through phases of trying to do things differently. Ford is the latest in a long line of automakers to try and innovate. Electrification, the rise of Tesla, the often best-in-class levels set by mainland Chinese original equipment manufacturers for digital vehicle attributes, and ever-increasing and accelerating new vehicle prices...
    Insights
    Nio plans to offer 100-kWh batteries as standard for its entire EV lineup
    At the Chengdu Auto Show 2025, Shanghai-based electric-car maker Nio announced that it will now offer 100-kWh batteries as standard across its entire lineup of vehicles. This decision comes with a price adjustment, lowering the costs of cars with the 100-kWh battery to the levels previously set for models with a 75-kWh battery. Complaints from customers about the limited range of the 75-kWh batteries prompted this change. As of Aug. 29, all Nio models, including the ET5, ET7 sedans,...
    News
    XCharge introduces GridLink DC fast charger with integrated battery storage in Berlin
    XCharge has launched its GridLink DC fast charger with integrated battery storage in Berlin, marking the debut of this advanced charging solution in Europe. The move follows the successful deployment of XCharge's GridLink DC fast chargers in the US. The GridLink system is designed to combine high-power charging capabilities with built-in energy storage, which helps to reduce pressure on local grids and ensures reliable electric vehicle charging, particularly in high-demand urban areas. T...
    News
    Zaptec launches the UK’s first vehicle-to-grid ready AC charger
    Norway-based electric vehicle charging solutions provider Zaptec has launched the Zaptec Go 2, a 3-phase, 22-kW AC charger in the UK. The newly launched AC charger is vehicle-to-grid (V2G)-ready and is tailored for both domestic and commercial applications, providing a gateway to the grid for homeowners and businesses. Zaptec, with over 650,000 products sold across Europe, highlighted that Go 2's V2G capability supports ISO 15118 for plug-and-charge and bidirectional energy com...
    News
    BASF Battery Materials renews long-term cathode active materials supply agreement for its Schwarzheide plant in Germany
    Leading global supplier of battery materials, BASF Battery Materials, has renewed its long-term supply agreement for cathode active materials (CAM) with an undisclosed third party, with the CAM materials to be supplied from its plant located in Schwarzheide, Germany.  The new renewal is in addition to BASF's global framework agreement with CATL, which the two companies had signed earlier in July. Under the said long-standing agreement, BASF will be a key supplier to CATL, ...
    News
    Volkswagen Group consolidates Indian technology operations under single entity
    Volkswagen Group has unified its 3,800-strong Indian technology workforce under the new name Volkswagen Group Digital Solutions India, announced on Sept. 2. This strategic consolidation integrates its diverse technology teams across multiple Indian locations into a single organizational framework, contributing significantly to its global digitalization strategy. As a result, India becomes Volkswagen Group's largest digital partner globally, operating alongside established IT hubs in Germany and ...
    News
    Vayavya Labs partners with JCER to advance AI/ML education through NVIDIA Computing Center
    Vayavya Labs Pvt. Ltd., an innovative tech company, has signed a memorandum of understanding (MOU) with Jain College of Engineering and Research (JCER) in Belagavi, India, marking a significant step in deep-tech enablement and local talent development. The collaboration was highlighted by the establishment of the NVIDIA Computing Center at JCER, a cutting-edge facility aimed at enhancing student education and experimentation in AI, machine learning and high-performance computing. Vayavya La...
    News
    Electric Era launches charging station network to improve EV charger visibility and reliability
    Electric Era announced that it has launched the Electric Era Charging Station Network to enhance visibility on original equipment manufacturer vehicle mapping systems and third-party platforms. This network aims to help customers find their preferred high-power DC fast chargers more easily. Electric Era's founder and CEO, Quincy Lee, emphasized its commitment to creating a reliable electric vehicle charging network in the US, enhancing brand affinity and customer loyalty programs for retailer...
    News
    General Motors transitions to NACS charging ports for EVs, starting with 2026 Cadillac models
    General Motors (GM) is embarking on a transition to standardize electric vehicle charging ports. From Combined Charging System 1 (CCS1) charging ports, the company plans to shift to a native North American Charging Standard (NACS) port, starting with the 2026 Cadillac OPTIQ and OPTIQ-V models. This gradual transition aims to simplify the charging process by standardizing the plug shape needed for charging at stations. During this transition period, vehicles and chargers will exist in both sta...
    News
    Hyundai Motor Group launches NUMA to transform urban transportation with advanced technologies
    Hyundai Motor Group has launched the Next Urban Mobility Alliance (NUMA) in Seoul, South Korea. This initiative aims to transform urban transportation through advanced mobility technologies, addressing social and environmental challenges by promoting inclusive mobility innovation. The launch ceremony at the Grand Walkerhill Seoul marked the establishment of an open collaboration framework, bringing together government, industry, academia and research institutions. Key attendees included Hee-up K...
    News
    Munich-based startup Hyperdrives raises €3M in pre-seed round
    Hyperdrives, a Munich-based startup that specializes in high-performance electric drives, raised â‚¬3 million in its oversubscribed pre-seed funding round. The funding round was led by Rethink Ventures with participation from First Momentum Ventures, SDAC, Acequia Capital, 2100 Ventures, Prototype Capital and several notable angel investors. With the new investment, Hyperdrives aims to advance its customer pipeline into commercial projects, validate the durability of its products to meet...
    News
    Cariqa revolutionizes EV charging with direct platform for transparent pricing and interoperability
    Cariqa has developed a platform allowing charge-point operators (CPOs) to connect directly with customers, eliminating the need for e-mobility service providers (EMPs). This approach facilitates more consistent tariff setting and provides drivers with lower and more transparent prices. Cariqa is rolling out two products, Cariqa Go and Cariqa Connect, to aid adoption. Cariqa Go aims to simplify ad hoc payments, offering harmonized pricing across all channels without hidden markups, while Cariqa C...
    News
    Finnish government takes controlling stake in Valmet Automotive; acquires CATL’s stake
    Valmet Automotive has announced several strategic decisions that will significantly impact its future growth. The Finland-based auto parts supplier and contract vehicle manufacturer plans to offer its expertise beyond the automotive industry. The company expects its special expertise in industrial serial production will benefit other sectors, including the defense sector. Valmet has also decided to divest Ioncor, its subsidiary focused on developing battery systems for hyb...
    Briefing
    UTA expands eCharge network to Switzerland, UK and Nordic countries
    UTA has expanded its UTA eCharge public charging network to include Switzerland, the UK and Nordic countries such as Denmark, Sweden, Norway and Finland. This expansion allows customers in these regions to access UTA's extensive European public charging network, which comprises over 925,000 public charging points across 28 European countries. The network includes approximately 300 truck-compatible stations, such as the Milence fast-charging network. With this addition, UTA eCharge is now...
    News
    Indian conglomerate Reliance Industries plans to launch battery gigafactory in Gujarat in 2026
    Indian conglomerate Reliance Industries (RIL) is intensifying its focus on clean energy, with plans to launch a mega battery production facility by 2026, develop a solar electricity project that exceeds the size of Singapore, and achieve 3 million metric tons of green hydrogen capacity by 2032. During the company's 48th annual general meeting (AGM), Anant Ambani, executive director of RIL, highlighted the company's efforts to build the world's most integrated new-energy ecosystem encompassing...
    News
    Dutch startup Deftpower raises €12.5 million for its AI-powered EV charging platform
    Arnhem-based clean tech startup Deftpower, a company offering AI-powered electric vehicle charging solutions, has secured €12.5 million in funding to expand its presence across Europe and enhance its smart charging technology. The investment round was led by Endeit Capital, with participation from Proeza Ventures, 4impact capital, Rethink Mobility and business angel Jan Fredriks. Deftpower, founded in 2020 by Jacob van Zonneveld, Marc Diks and Remco Tjeerdsma, is developing a platfo...
    News
    Valeo opens new China production facility for ADAS sensors
    Valeo has officially inaugurated a new manufacturing facility in Waigang Industrial Park, Jiading District, Shanghai. This development is a strategic move by Valeo to bolster its presence in the mainland Chinese market and support the advancement of autonomous vehicle technologies. The new plant, covering an area of 30,000 square meters, focuses on the research, development and production of domain controllers and advanced driving assistance systems. This facility is particularly significan...
    News
    Anthro Energy opens new facility at The Loop in Alameda
    Anthro Energy, a tech company specializing in creating high-energy density and long life span battery cells and electrolytes, has moved into its new 31,748-square-foot facility at The Loop. The opening was attended by Alameda Mayor Marilyn Ezzy Ashcraft and Congresswoman Lateefah Simon. Founded in 2021 by CEO David Mackanic and Chief Technology Officer Joe Papp, the company relocated from San Jose, California, due to its recent successes and the need to expand its operations. The new facility in...
    News
    Aumovio appoints Jutta A. Dönges as new CFO
    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...
    News
    GlobalFoundries secures CHIPS Act funding without equity deals amid US government stakes in companies
    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...
    News
    Electra Battery Materials appoints David Stetson to board amid strategic recapitalization
    Electra Battery Materials Corp. has announced the appointment of David Stetson to its board of directors. Stetson is an experienced executive with extensive leadership experience in the natural resources sector, including serving as a CEO for 14 years. During his time as CEO of Alpha Metallurgical Resources, he significantly increased the company's market capitalization and led it through a complex restructuring process. He also served on the board of Mallinckrodt Pharmaceuticals, where he playe...
    News
    Mangrove Lithium set to expand lithium processing with new plants in Canada
    Mangrove Lithium is advancing its efforts to establish significant lithium-processing capabilities with its first full-scale lithium production plant nearing completion in British Columbia. The company plans to launch its initial commercial facility by the early first quarter of 2026 and concurrently seeks to build a second, larger plant in eastern Canada within the next three years. Currently operating a pilot system with a 10-metric-ton annual output, Mangrove aims to scale its production...
    News
    Cyngn granted patent for modular sensor system in autonomous vehicle solutions
    In a press release on Aug. 26, Cyngn announced the official granting of a new patent, numbered 12,332,083, for its autonomous vehicle solutions. This patent, titled "Modular Sensor System For Automated Guided Vehicles," introduces a sensor system that can be integrated with existing industrial machines with minimal modifications.  Since August 2023, Cyngn has been awarded 13 additional patents, increasing its total to 23 US patents. Lior Tal, CEO of Cyngn, highlighted that this milestone...
    News
    Isuzu plans autonomous driving test course in Japan for Level 4 vehicles by 2027
    As reported in a press release on Aug. 28, Isuzu Motors plans to establish a dedicated autonomous driving test course at Isuzu Hokkaido Proving Ground in Mukawa, Japan. This initiative aims to accelerate the adoption of Level 4 autonomous trucks and buses, with full operations expected by September 2027. The course will span approximately 190,000 square meters and include urban, highway and rural testing areas, allowing for complex driving scenario verification that is difficult on public r...
    News
    Li Auto advances M100 chip to 2026 mass production
    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...
    News
    Iberdrola España partners Alimerka to install 238 ultrafast chargers across Spain
    Iberdrola España and Alimerka, a local Spanish supermarket chain, have formed an agreement wherein the former will install electric vehicle charging points across multiple Alimerka sites, including Asturias, Castile and León, and Galicia autonomous communities in Spain. This initiative reflects both companies' dedication to sustainable mobility. The plan includes the installation of 238 ultrafast chargers at 59 Alimerka supermarkets, with 42 in Asturias, 15 in Castile and León, a...
    News
    Virta appoints Juhani Hintikka as the company’s new CEO
    Virta, a software and solutions provider for electric vehicle charging businesses, has appointed Juhani Hintikka as its new CEO. Hintikka, with leadership experience from companies such as Nokia, Comptel, F‑Secure and WithSecure, aims to drive Virta's growth as a key enabler in the EV charging sector and integrator of EV charging and energy markets. Virta operates in 36 countries and has reached a significant scale, enabling it to lead industry consolidation and enhance its role in ...
    News
    Continental to divest ContiTech Original Equipment Solutions business to Regent
    Continental announced that it has signed an agreement to sell its ContiTech business area, Original Equipment Solutions (OESL), to global investment firm Regent. The transaction remains subject to antitrust approval. Financial terms were not disclosed. The divestiture is part of the ContiTech group sector’s strategy to sharpen its focus on industrial customers, a direction first outlined at Continental’s Capital Market Day in June. With this step, Continental is advancing its plan to esta...
    News
    MAHLE begins production of e-compressors at Morristown facility in Tennessee
    German automotive supplier MAHLE is initiating the production of electrical high-voltage air-conditioning compressors, known as e-compressors, in the US. This new production will take place at its Morristown, Tennessee, location, where nearly 50 new employees will be hired to manufacture these state-of-the-art products for the North American market. E-compressors play a crucial role in the thermal management of electric vehicles, essential for maintaining battery life, high charging spee...
    News
    Hyundai Mobis outlines future strategy emphasizing innovation and global expansion
    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...
    News
    Aurora Innovation launches driverless trucks on Texas freeways for FedEx transportation
    Aurora Innovation has initiated the deployment of driverless trucks to transport goods on US freeways, specifically operating without safety drivers in Texas on Interstate 45 between Dallas and Houston. These trucks are hauling loads for FedEx, and Aurora's CEO, Chris Urmson, acknowledged the potential unease and challenges that such a transformation in the trucking industry might create. The Aurora Driver system employs a combination of cameras, radar and a specially developed lidar techno...
    News
    Wallbox regains NYSE compliance with minimum share price standards
    Wallbox NV, a provider of electric vehicle charging and energy management solutions, announced it has regained compliance with the NYSE's continued listing standards for minimum share price under Section 802.01C. The company received confirmation from the NYSE that, as of Aug. 14, its Class A ordinary shares had a closing price of at least $1.00 and maintained an average closing price of at least $1.00 over the preceding 30 trading days. This achievement means Wallbox is no longer below the mini...
    News
    Deep tech startup Minerva Carbon secures €1.8 million in fresh funding
    Minerva Carbon, a deep tech startup based in Mülheim, Germany, has secured approximately €1.8 million in funding from the German Federal Ministry for Economic Affairs and Energy's EXIST program. The company was founded by Abdu Bilican, a former Doctor of Philosophy student at the Max-Planck-Institut für Kohlenforschung (MPI), along with his co-founders. Their aim is to commercialize mesoporous high-performance carbon materials that are expected to enhance battery and fuel-cell e...
    News
    IAA Mobility 2025: Volkswagen to unveil all-new compact electric SUV
    At the IAA Mobility event (Sept. 9–14), Volkswagen will present four new models at Open Space in Munich. The German automotive group will introduce a fully electric compact sport utility vehicle, marking a new addition to Volkswagen's electric ID. family. This vehicle promises to set new standards in design and efficiency within its class and is expected to be available in the market in 2026. Apart from the compact electric SUV, Volkswagen will present its all-new T-Roc SUV, the special edi...
    News
    Stellantis pauses AutoDrive Level 3 program amid high costs and limited demand
    Stellantis has paused its Level 3 advanced driver-assistance program due to high costs, technological challenges and limited consumer demand, Reuters reported Aug. 26, citing sources familiar with the matter. Although the company announced in February that its AutoDrive system was ready for deployment, it has not been launched. Stellantis confirmed the technology is available but not deployed, without stating if the program is canceled. Former CEO Carlos Tavares had identified AutoDrive as a ...
    Briefing
    BYD avoids EU tariffs by exporting EVs from its Thailand-based manufacturing plant
    Mainland Chinese automaker BYD has begun exporting electric vehicles produced at its manufacturing plant in Thailand to Europe, marking a first for the company. Over 900 units of the BYD Dolphin have been shipped to Germany, Belgium and the UK. These vehicles departed from Thailand aboard a BYD vessel named BYD Zhengzhou, which is making its first journey from Thailand to Europe. The BYD factory in Rayong, Thailand, which has been operational since July 2024, is the company's first fully-o...
    News
    Porsche shifts focus from battery production to independent R&D amid market challenges
    In a press release dated Aug. 25, Porsche AG confirmed that it has decided not to proceed with the planned expansion of high-performance battery production through its subsidiary Cellforce, instead opting to continue development as an independent research and development unit. Staff affected by this change will be supported responsibly, and PowerCo, Volkswagen Group's battery center, has offered potential job opportunities to suitable Cellforce Group employees. Oliver Blume, CEO of Porsche, h...
    News
    Zest opens a new EV charging hub in Leicester, UK
    Zest launched a new urban charging hub on Uppingham Road in Leicester, UK, contributing to the expansion of its ultra-rapid electric vehicle charging network. The new EV charging hub, which is situated on a previously disused car wash site, exemplifies how investment in EV infrastructure can revitalize neglected areas while providing essential amenities to the community. The hub features ten charging bays, capable of delivering charging speeds of up to 300kW, with payment options available th...
    News
    Samvardhana Motherson establishes new subsidiary to focus on advanced clean mobility electronics
    On Aug. 22, Samvardhana Motherson International Ltd. (SAMIL) established a wholly owned subsidiary, Motherson Egtronics Electronics Solutions Ltd. (MEESL), to focus on advanced clean mobility electronics, Autocar Professional reported Aug. 23. The new subsidiary was founded a month after the company entered a joint venture agreement (JVA) with South Korea-based Egtronics Co. Ltd. MEESL will initially be fully owned by SAMIL. According to the JVA, the ownership will eventually evolve to 51% ow...
    News
    BMW India crosses 5,000 EV deliveries; unveils 4,000-km charging corridor
    BMW Group India has reached a significant milestone by delivering over 5,000 electric cars, making it the first luxury-car maker in India to achieve this feat. To celebrate this achievement, BMW inaugurated a 4,000-km high-power charging corridor stretching from North to South India. This corridor features charging stations every 300 km, covering major cities and national highways, and is open to electric vehicle customers from all brands. The initiative is part of BMW's commitment to e-mobility...
    News
    VEStellaLab obtains US patent for AI-driven parking recognition technology
    VEStellaLab Co. Ltd. has secured a US patent for its innovative parking recognition method and system technology. Unlike traditional systems that rely on sensors, this technology utilizes camera footage and AI-based video processing to determine parking status by analyzing time-sequenced images to detect vehicle movement and parking positions. This method reduces installation costs, minimizes maintenance and maintains high accuracy under various conditions, enhancing its competitiveness over con...
    News
    Alibaba-backed Banma Network Technology plans Hong Kong IPO with Deutsche Bank and CICC
    Alibaba-backed Banma Network Technology is planning an IPO in Hong Kong. Alibaba holds a 44.72% stake in Banma and expects to retain over 30% post-listing. Deutsche Bank and CICC will act as joint sponsors, and the deal requires approval from the China Securities Regulatory Commission. Founded in 2015, Banma specializes in intelligent automobile operating systems and generated a revenue of $114.8 million in 2024. SAIC Investment Management is also a major shareholder. Banma intends to use the...
    News
    Porsche's Cellforce Group announces significant layoffs amid EV market challenges
    Porsche's battery-making subsidiary, Cellforce Group, is set to lay off most of its workforce, according to a union representative. About 200 out of 286 employees will be dismissed, with notifications expected to be issued shortly. This development adds to the challenges facing Europe's electric vehicle market. Although a request for comment from Cellforce went unanswered, a Porsche representative declined to address the layoff reports. Batteries are a critical component in electric cars, but...
    News
    Group14 Technologies raises $436 million in Series D funding round
    Group14 Technologies has secured a $463 million funding round, led by SK Inc., with participation from Porsche Investments, ATL, OMERS, Decarbonization Partners, Lightrock Climate Impact Fund and Microsoft Climate Innovation Fund, among others. The funding is aimed at scaling the production of Group14's silicon battery material, SCC55, in the US and South Korea to meet increasing global demand for energy storage. Additionally, Group14 has gained full ownership of its joint venture with SK ...
    News
    Hyundai Mobis secures ISO 26262 certification for semiconductor R&D process
    As reported in a press release on Aug. 21, Hyundai Mobis has attained the highest grade of ISO 26262 certification for its entire vehicle semiconductor research and development process, which is an international standard for functional safety. This certification, granted by Exida, an automotive functional safety and cybersecurity certification agency, is not limited to specific products but covers the entire process from semiconductor design to quality verification. The certification ensures tha...
    News
    Orion Energy Systems installs EV chargers for MassDOT under $2 million contract
    Orion Energy Systems Inc., a provider of energy-efficient LED lighting, electric vehicle charging stations and maintenance services, announced the installation of four high-power DC EV chargers at two locations for the Massachusetts Transportation Department (MassDOT). This initiative is part of a $2 million contract aimed at facilitating EV charger deployment across the state. These installations, carried out by Orion's Voltrek division, are situated at the Barnstable and Plymouth ...
    News
    Indian battery-maker Amara Raja to invest additional 2 billion rupees in lithium-ion cell project
    Amara Raja Energy and Mobility Ltd. plans to invest an additional 12 billion rupees (approximately $137 million) in its lithium-ion (Li-ion) cell manufacturing project, bringing the total investment for a 1-GWh capacity plant to 24 billion rupees by the financial year 2027. The company aims to start production by the end of the financial year 2027 at its plant in Telangana, India, through its New Energy Business unit, Amara Raja Advanced Technologies. The plant will initially produce cells ...
    News
    Nio achieves 9 million battery swaps in Shanghai
    Chinese electric-car maker Nio has achieved a significant milestone by completing 9 million battery swaps in Shanghai, which is also where the company's global headquarters are located. This feat was attained Aug. 20, as reported by CnEVPost through Nio's charging map. Shanghai hosts the highest number of Nio battery-swap stations, with a total of 190. On April 13, Nio also marked another milestone by delivering its 100,000th vehicle in this city. Shanghai, a megacity with a population of ...
    News
    Princeton NuEnergy’s advanced black mass recycling facility in South Carolina, US, commences operations
    Princeton NuEnergy Inc. (PNE), a US-based company specializing in lithium-ion battery direct recycling and materials rejuvenation, has announced the full commissioning and operational status of its advanced black mass (ABM) recycling production facility in Chester, South Carolina. This facility is notable as the first commercial-scale ABM and battery-grade cathode active material (CAM) production facility in the US, capable of handling both nickel cobalt manganese (NCM) and lithium iron phosp...
    News
    Epic Charging installs major EV charging setup at Chicago condominium post-Enel X Way exit
    Epic Charging, an electric vehicle charging software provider, has successfully migrated 148 smart charging stations to its charge point management system (CPMS) at a 401-unit condominium building in downtown Chicago. This installation is considered one of the largest residential EV charger setups in the US. The migration became necessary after Enel X Way exited the US market, prompting multifamily buildings to seek reliable charging alternatives. Sunil Mehra, board president of the 600 N Lake S...
    News
    Xpeng secures $1.4 billion credit line from China CITIC Bank
    China CITIC Bank Guangzhou Branch has agreed to provide electric vehicle manufacturer Xpeng with a substantial credit facility totaling 10 billion yuan (approximately $1.4 billion). This financial support is intended to bolster Xpeng's operations and fuel its business growth. The announcement follows a strategic cooperation agreement signed by Brain Gu, vice chairman and co-president of Xpeng, and Xue Fengqing, president of China CITIC Bank Guangzhou Branch. Xpeng emphasized the importance ...
    News
    Rane Holdings invests $5.7 million in Rane Steering Systems for growth and operational needs
    Indian supplier Rane Holdings Ltd. has invested an additional 500 million rupees (about $5.7 million) in its wholly owned subsidiary, Rane Steering Systems Private Ltd., to support its operational and capital expenditure requirements and potential future growth. The investment was made through the allotment of 2 million equity shares priced at 250 rupees each, raising Rane Steering Systems' paid-up capital from 179 million rupees to 199 million rupees. Despite the increased funding, Rane Stee...
    News
    SmarterHelp launches to expand technical training for future green jobs in the US
    ChargerHelp has launched SmarterHelp, an independent workforce development company, from its Learning & Development division. The new company aims to expand training for technical careers in demand, focusing on equipping individuals for future green jobs. Kianna Scott, the CEO of SmarterHelp, emphasized the need for skilled people to maintain and lead future systems. SmarterHelp anticipates the creation of over 6 million clean energy jobs in the US by 2035, while only 12% of global workers p...
    News
    BlueOval SK begins EV battery production in Kentucky’s Plant 1
    BlueOval SK, a joint venture between SK On and Ford Motor Co., has started its first commercial production of electric vehicle batteries at its Plant 1 in Glendale, Kentucky. This initiative marks the largest investment in Kentucky's history and is expected to boost local job creation. Michael Adams, CEO of BlueOval SK, emphasized the importance of this launch in enhancing its position in the EV battery market. Andy Beshear, governor of Kentucky, lauded the project for its contribution to tra...
    News
    Iberdrola España commissions new EV charging points in Seville, Spain
    Iberdrola España has commissioned 18 new electric vehicle charging points in the Viapol Center's underground car park at Calle Pirotecnia 3 in the city of Seville in Spain. This expansion increases the company's public charging points in the Andalusia region to more than 1,300. The new additions consist of eighteen 7.4-kW charging points, totaling 100 kW of installed power. The location already features two 50-kW chargers and two 22-kW chargers. These facilities are integrated into Iber...
    News
    IAA Mobility 2025: LG Electronics to unveil new content partnerships to enhance in-vehicle user experience
    LG Electronics is set to present its vision for future mobility at IAA Mobility 2025, scheduled to be held Sept. 9–12 in Munich, focusing on software-defined vehicles (SDVs), AI, connectivity and smart infrastructure. At the biannual event, the South Korean supplier will unveil new content partnerships to enhance the in-vehicle user experience.   During the event, LG will host a session titled "Redefining the In-Cabin Experience, Why the Automotive Content Ecosystem Matters," with...
    News
    Norwegian car importers form new company for EV battery return and recycling
    Norwegian car importers have established a new company, Autoretur Battery Recycling (ABR), to manage the recycling and return of electric vehicle batteries. Approved by the Norwegian Environment Agency, ABR was formed by the Norwegian Automobile Importers' Association (BIL) to uphold producer responsibility for high-energy batteries. ABR CEO Erik Andresen emphasized that its comprehensive approach embodies circular economy principles by safely collecting and treating these batteries, which ca...
    News
    Connekt EV Charging garners multimillion-pound investment to expand UK rapid charging network
    Connekt EV Charging has secured a significant multimillion-pound investment from Growth Fund 1 (GF1), an investor backing high-potential UK businesses, aimed at advancing its UK rapid-charging network. This funding will facilitate the expansion of Connekt's strategic charging hubs, bolster team growth and focus on improving electric vehicle charging accessibility within the hotel, hospitality, leisure and public sectors, which are among the UK's most underserved markets for EV infrastr...
    News
    Tellus Power secures major NEVI funding for EV chargers in California
    Tellus Power Globe Holding Ltd. has announced that its chargers are expected to be installed at 33 electric vehicle charging sites under California's second round of the National Electric Vehicle Infrastructure (NEVI) program funding. The California Energy Commission proposed $36.88 million in NEVI awards to support up to 65 EV fast-charging sites across the state. With the expectation of deploying chargers at approximately 50% of these awarded sites, Tellus Power anticipates being the most i...
    News
    Ecobat to sell German and Austrian operations to Clarios
    In a press release dated Aug. 18, Ecobat, a global battery recycling company, announced that it has agreed to sell its battery recycling and specialty lead operations in Germany and Austria to Clarios, a company specializing in advanced energy storage solutions. The sale includes Ecobat's facilities in Freiberg and Braubach, Germany, and Arnoldstein, Austria. The transaction, set to conclude by early 2026 pending regulatory approvals, aligns with Ecobat's strategy to focus more on its co...
    News
    Zest opens a 16-bay ultrarapid EV charging hub in Birmingham, UK
    Zest, a leading charge-point operator (CPO) in the UK, has inaugurated a new electric vehicle charging hub near Birmingham's Jewellery Quarter, transforming a former derelict site on Park Road South, which historically housed Hockley Rail Station, into a modern facility featuring 16 charging bays that offer speeds up to 300 kW. This development is part of Zest's ongoing efforts to expand EV charging infrastructure in underserved regions across the UK, with prior hubs established in ...
    News
    China’s Dongfeng Motor plans to sell its 50% stake in Dongfeng Honda Engine Co.
    Dongfeng Motor, one of the leading automakers in mainland China, plans to sell its 50% equity stake in its joint venture with Japanese automaker Honda â€” Dongfeng Honda Engine Co. The information was disclosed by the company in a regulatory filing on the Guangdong United Assets and Equity Exchange. According to a news report published by Reuters on Aug. 18, the company has yet to establish the reserve price for the proposed deal. Citing audited results mentioned in the regu...
    News
    Momenta develops first chip, challenging NVIDIA and Qualcomm in autonomous driving
    Momenta, an autonomous driving technology company, has created its first self-developed computer chip, aiming to revolutionize the autonomous driving industry. Traditionally a software company, Momenta is now transitioning to a full-stack provider, offering both software and hardware solutions. This approach places it alongside competitors such as Horizon Robotics, providing integrated systems for modern electric vehicles. The company's newly activated chip is designed to compete directly with r...
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    Gotion to start EV battery production in Manteno in September with five production lines
    Gotion is set to begin the production of electric vehicle batteries in Manteno, Illinois, in September, marking a significant milestone in its $2 billion project announced two years ago. The company initially launched the manufacturing of commercial-scale energy storage products in the spring with two assembly lines. With two additional lines for assembling EV batteries and commercial chargers, Gotion will operate five production lines in Manteno. This includes a line started in April for res...
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    Thyssenkrupp reports an 8.8% YOY fall in Q3 group sales to €8.2 billion
    Thyssenkrupp reported solid business performance in the third quarter of its 2024/2025 fiscal year despite ongoing market challenges. The company experienced a 21% increase in order intake to €10.1 billion, driven primarily by Marine Systems. However, group sales fell to €8.2 billion from the previous year's €9.0 billion due to price and demand factors. Demand in the Automotive Technology, Materials Services and Steel Europe segments was subdued, contributing to a decline in group sal...
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    Hydro announces strategic workforce adjustments to reduce annual costs by 1 billion kroner
    Hydro has announced a strategic workforce adjustment plan to enhance its long-term resilience by cutting costs and aligning its organizational structure with strategic goals. The company aims to reduce annual costs by 1 billion kroner (about $98 million), which includes a reduction of 750 white-collar positions. This cost-cutting initiative also encompasses reducing travel and consultancy expenses. These actions are in addition to an existing improvement program and a revised capital expendit...
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    Mahindra & Mahindra unveils modular multi-energy NU_IQ SUV platform
    Mahindra & Mahindra (M&M) has announced the upcoming launch of its new-generation sport utility vehicles starting in 2027. These vehicles will be based on the NU_IQ platform, which features M&M's Heartcore design philosophy and is engineered for both India and international markets. The platform supports multiple powertrains (petrol, diesel and electric) and configurations, including front-wheel-drive (FWD), all-wheel-drive (AWD), left-hand-drive (LHD) and right-h...
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    Great Wall launches production operations at its factory in Brazil
    Great Wall Motor (GWM) has commenced production operations at its new factory in Iracemápolis, São Paulo, marking another mainland Chinese automaker's entry into Brazil, following BYD. The factory started operations on Aug. 15, and Brazilian President Luiz Inacio Lula da Silva attended the rollout of the first vehicle, a Haval H6 GT, signing the body of the vehicle. This production facility, converted from a Daimler plant acquired by GWM in 2021, boasts an annual capacity of 50,000 veh...
    News
    Porsche-backed battery company V4Smart unveils Generation 2 cylindrical cells
    V4Smart GmbH & Co. KG, formerly known as V4Drive Battery GmbH and now majority-controlled by Porsche AG, has introduced its Generation 2 high-power energy cell. This advanced cell combines high-energy and power density, building on the success of its V21700 UHP-26 cell. Verified by BATEMO in the 18650 format, the new cell offers a capacity of nearly 3.7 ampere-hours (Ah), with an energy density of 277 Wh/kg and a power density of 2.73 kW/kg. The flagship product of this serie...
    News
    Via Transportation files for IPO on NYSE
    Via Transportation has filed for an IPO to sell its stock on the NYSE, joining a select group of government technology suppliers that have gone public, such as Tyler Technologies, Motorola and Axon. Although the filing did not specify the price range or number of shares, it highlights Via's growth, boasting a 50% compound annual growth rate in revenue since 2021. Founded 13 years ago in New York, US, Via's revenue for the year ended Dec. 31, 2024, was $337.6 million, a 35.6% increase from t...
    News
    OneLayer expands operations into Latin America, bolstering private LTE/5G security solutions
    OneLayer has announced the expansion of its operations into Latin America, following its success in North America. This move reflects strong regional demand for private LTE/5G OT management and Zero Trust security solutions. The expansion involves the establishment of regional sales and support teams in various countries, including Chile and Brazil. OneLayer's device security, observability and orchestration capabilities have proven valuable to Latin American enterprises, helping them integ...
    News
    Hubber raises £60 million in equity funding to set up EV charging hubs across the UK
    Electric vehicle charging services startup Hubber Infrastructure has secured £60 million in equity funding to support its plan of setting up EV charging stations across major cities in the UK, according to a news report published by EV Infrastructure News on Aug. 14. Hubber, which is founded by three former Tesla UK employees, aims to develop underutilized urban properties into ultrarapid EV charging and integrated energy hubs across the UK. According to the news report, the companyâ...
    News
    Pony AI boosts Gen-7 Robotaxi production
    Pony AI is optimistic about achieving its 2025 target for robo-taxi vehicle production and is actively seeking opportunities in new European markets, despite the uneven pace of commercialization in the industry across different regions, according to a report published by Bloomberg on Aug. 13. Since the start of mass production two months ago, Pony AI has deployed over 200 of its Gen-7 Robotaxi vehicles, keeping the company on track to meet its goal of 1,000 vehicles by the end of 2025. This m...
    News
    Tesla receives ride-share license in Texas for robo-taxi service
    Tesla Inc. has obtained a ride-share license in Texas, US, allowing the electric vehicle manufacturer to launch its robo-taxi service in accordance with new regulations for autonomous vehicles in the state. According to a report published by Bloomberg on Aug. 8, Tesla Robotaxi LLC is now officially registered as a transportation network company with the Texas Department of Licensing and Regulation, joining established companies such as Uber Technologies and Lyft. This license has become ...
    News
    Eneos Corp. joins the Automotive Edge Computing Consortium
    In a press release on Aug. 13, the Automotive Edge Computing Consortium (AECC) announced that Eneos Corp., Japan’s leading energy company, has joined as a member. The AECC is a nonprofit consortium comprised of various cross-industry stakeholders focused on promoting best practices at the intersection of vehicle technology, mobility and computing. As a new member of the consortium, Eneos will work alongside other AECC members to assess the initiatives undertaken by mobile network operators,...
    News
    CATL rolls out cell-to-pack battery repair service
    CATL, the world's largest battery-maker, has introduced a cell-to-pack (CTP) battery repair service. The service is rolled out under its independent aftermarket brand Ning Service on Aug. 10, marking the first anniversary of its new brand of services. This launch coincides with new-energy vehicle (NEV) penetration exceeding 50% and the end of the warranty period for many NEVs, highlighting challenges in aftersales service, such as high costs and repair difficulties. The demand for b...
    News
    SWTCH Energy secures C$10 million in credit facility to support expansion
    SWTCH Energy, a Canadian charge-point operator (CPO), has secured C$10 million in a credit facility from the National Bank of Canada to advance its expansion efforts across North America. This credit facility will provide SWTCH with immediate working capital to grow its electric vehicle charging infrastructure in multifamily units and the commercial property market. The funding will help SWTCH increase its inventory, speed up project deployments and pursue larger commercial opportunities in b...
    News
    Rock Tech Lithium receives €250,000 in fresh funding from German government
    Rock Tech Lithium Inc. has received funding from the German Federal Ministry for Research, Technology and Space for a project titled ELiSePro, which stands for Efficient Lithium Recovery Using Selective Processes. The initiative aims to enhance lithium yield at the company's Guben, Germany, site, contributing to Germany's raw material independence. Rock Tech will collaborate with RWTH Aachen University on this project to explore various ion separation methods, such as nanofiltrat...
    News
    Electrify America opens first Hyper-Fast EV charging station in Santa Monica
    Electrify America has inaugurated its first charging station in Santa Monica, California, to address the rising demand for Hyper-Fast electric vehicle charging in Southern California, US. The facility includes 20 Hyper-Fast chargers that can deliver speeds of up to 350 kW, allowing equipped EVs to gain approximately 20 miles of range per minute. This new station is part of Electrify America's extensive network, which is positioned near the I-10 freeway. Electrify America has established itsel...
    News
    General Motors plans to revive autonomous vehicle program with focus on personal-use cars
    General Motors (GM) is refocusing its efforts on autonomous vehicle development by planning to rehire former employees from its closed Cruise unit, according to a report published by CBT News on Aug. 12. This shift signals a renewed commitment to creating self-driving cars for personal use, moving away from the robo-taxi sector. The goal is to eventually produce fully driverless cars, without human supervision. Sterling Anderson, GM's new product development lead and former Tesla Autopil...
    News
    Scantinel Photonics files for insolvency amid European automotive crisis
    Scantinel Photonics GmbH, based in Ulm, Germany, has filed for insolvency, with the Local Court of Ulm ordering provisional insolvency administration on Aug. 6. Georg Jakob Stemshorn from PLUTA Rechtsanwalts GmbH has been appointed as the provisional insolvency administrator. Despite the insolvency filing, the startup, which develops chips for autonomous driving, continues its business operations and employs approximately 50 people. The employees have been informed about the situation, and their...
    News
    CATL confirms suspension of operations at Yichun lithium mine in mainland China
    CATL has confirmed the suspension of production operations at a significant lithium mine in the Yichun area of Jiangxi province in mainland China, following the expiration of its mining permit on Aug. 9. The company is in the process of expediting the permit renewal and intends to resume operations once approval is received, saying the suspension will have a minimal impact on its overall operations. A local media outlet, Cailian, reported that while the mining permit for CATL's Jianxi...
    News
    Ubitricity reaches installation milestone with over 10,000 EV charge points in the UK
    Ubitricity, the UK's largest public electric vehicle charge-point operator, has achieved the installation of over 10,000 EV charge points, accounting for 12% of all public charge points in the country. Recently, it has been working on several projects, including installing 2,000 charge points in the London Borough of Tower Hamlets, over 500 in Waltham Forest, over 100 in Westminster, and completing 560 in Birmingham. These efforts align with its mission to expand public EV charging access for...
    News
    Ford announces $5 billion investment in Louisville and BlueOval Michigan for new EV production
    Ford Motor Co. has announced that it will be investing approximately $5 billion to create or secure nearly 4,000 jobs across its Louisville Assembly Plant and BlueOval Battery Park Michigan. The initiative aims to produce a new pickup and advanced prismatic lithium iron phosphate (LFP) batteries. Ford will invest nearly $2 billion in the Louisville Assembly Plant to assemble the midsize electric truck, securing 2,200 hourly jobs. The Louisville Assembly Plant will see a significant expansion&...
    Briefing
    Revel ceases ride-share operations, to shift focus to EV charging operations
    Revel, a New York-based ride-share and electric vehicle charging company, has decided to cease its ride-share operations to concentrate on expanding its network of EV charging stations. The decision mirrors a prior move in 2023 to end its electric moped service, citing the crowded transportation market and intense competition from companies such as Uber and Lyft. Revel's fleet had a significantly lower number of rides compared to these competitors, with about 80,000 rides in its peak month of...
    News
    Leapmotor ventures into auto components business, begins supplying battery packs to vehicle manufacturers
    Leapmotor is expanding into the automotive components supply business by supplying battery packs to commercial vehicle manufacturers, utilizing cells from CATL and other battery producers. Through its subsidiary Lingxiao Energy, Leapmotor designs and assembles these battery pack systems. The company has secured orders from over five new-energy commercial vehicle customers and is negotiating with additional partners, including Xeazon New Energy Vehicle Co. Ltd. As announced in July by CEO Z...
    News
    AEye announces new achievements and strategic initiatives to drive growth
    AEye CEO Matthew Fisch announced several new achievements for the company, marking a significant turning point. These include its certification as an NVIDIA DRIVE AGX partner and selection for the General Motors-backed WinTOR project. A major global transportation original equipment manufacturer's selection of Apollo for an important autonomous safety program could bring a $30 million opportunity, expected to contribute to this year's revenue. Additionally, AEye launched the OPTIS platform, whic...
    News
    Porsche opens eighth exclusive charging lounge in Germany
    A new Porsche Charging Lounge has opened near the A5 autobahn close to Europapark Rust, coinciding with the start of the summer holidays in Baden-Württemberg, Germany, and Bavaria, Germany. This location in Ringsheim is the eighth exclusive Porsche charging station, joining others in Bingen am Rhein, Germany; Estenfeld near Würzburg, Germany; Hamburg, Germany; Ingolstadt, Germany; Koblach, Austria; Leonberg, Germany; and Nyon, Switzerland. The strategic positioning of th...
    News
    Trump administration plans tariffs on semiconductors, impacting US hardware and AI companies
    The semiconductor industry is experiencing significant developments as US President Donald Trump announced on CNBC's Squawk Box that his administration plans to introduce tariffs on semiconductors and chips, potentially as soon as next week. However, the details of these tariffs remain unspecified. This move could have profound implications for US hardware and AI companies. In 2022, the US CHIPs and Science Act was enacted, providing $52 billion in subsidies to encourage domestic chip manufactur...
    News
    Lynkwell secures three-year contract to expand EV charging networks in Southern California
    Lynkwell has been awarded a three-year contract by the Southern California Public Power Authority (SCPPA) to manage and support the expansion of electric vehicle charging networks. SCPPA, a Joint Power Authority formed in 1980, facilitates joint planning and operation of transmission and generation projects for 11 municipal utilities and one irrigation district. These members serve over 5 million Californians, encompassing a network of more than 800 charging stations as part of California's e...
    News
    Tesla shifts focus to inference chip development
    Tesla intends to concentrate its AI chip development on inference chips that run AI models and facilitate real-time decisions, as announced by CEO Elon Musk. This decision follows reports from Bloomberg News, which suggested the disbandment of Tesla's Dojo supercomputer team, led by Peter Bannon, who has reportedly exited the company. The Dojo supercomputer was initially created with custom training chips to handle extensive data and video from Tesla electric vehicles to enhance its autonomous-d...
    News
    Tesla opens EV charging hub in the city of Goulburn, New South Wales, Australia
    Tesla has inaugurated a newly developed electric vehicle charging hub in the city of Goulburn, New South Wales, Australia. The company said the new charging site is the largest EV charging hub in the southern hemisphere.  The new Goulburn Supercharger station, located near the Big Merino landmark, includes 20 high-speed EV charging stalls. The facility aims to alleviate congestion on the busy route between Sydney and Canberra and complements Tesla's existing EV charging ne...
    News
    CATL suspends production at a major lithium mine in Yichun for three months
    CATL has reportedly suspended operations at its significant lithium mine in Jianxiawo, Yichun, in the Jiangxi province of mainland China. While unfavorable for CATL, the development might benefit other lithium producers who have endured prolonged price suppression. The cessation of operations is attributed to CATL's inability to renew a vital mining license that expired Aug. 9. The company is in discussions with government agencies to extend the license but is preparing for a closure las...
    News
    Lucid Air sets world record with Samsung SDI battery technology
    The Lucid Air Grand Touring electric vehicle, equipped with Samsung SDI's 21700 cylindrical batteries, has set a Guinness World Record by traveling 1,205 km (749 miles) on a single charge. This achievement highlights the battery technology of Samsung SDI, demonstrating excellence in capacity, life span and fast charging, in conjunction with Lucid's advanced powertrain and superior engineering. Lucid's record-breaking journey, undertaken in July from St. Moritz, Switzerland, to Munich, surpass...
    News
    Geely Auto secures AI safety certification under ISO/PAS 8800 from SGS-TÃœV Saar
    SGS-TÃœV Saar has awarded Geely Auto the world's first certification for AI safety process compliance under the ISO/PAS 8800:2024, marking an important milestone in the automotive industry. This certification affirms that Geely Auto's safety process architecture aligns with the latest standards for AI systems in road vehicles, setting a precedent for secure and standardized AI integration in autonomous driving technologies. With AI playing a crucial role in advanced mobility by enhancing sensing...
    News
    Continental plans to spin off automotive group amid strong Q2 2025 earnings
    Continental demonstrated resilience in the second quarter of 2025, with notable improvements in the Automotive group sector's earnings compared to the previous year and the start of 2025. Despite challenges from tariffs and exchange rates, the Tires group sector maintained a strong double-digit adjusted EBIT margin, while ContiTech increased its adjusted EBIT margin compared to the first-quarter. The company intends to further enhance the Tires and ContiTech sectors in the latter half of the yea...
    News
    GlobalFoundries partners with Chinese foundry for localized automotive-grade CMOS production
    GlobalFoundries is intensifying its China-for-China strategy through a new partnership with a local foundry, despite facing a weak third-quarter outlook due to sluggish consumer demand. The chipmaker is initiating this collaboration with automotive-grade complementary metal-oxide-semiconductor (CMOS) and bipolar-CMOS-DMOS (BCD) technologies. The company's executives revealed that both domestic and international semiconductor companies with needs in China are expected to benefit from this de...
    News
    DeCharge launches decentralized EV charging network in the US to boost EV charging infrastructure
    DeCharge, a decentralized electric vehicle charging infrastructure network, has announced its official launch in the US to establish a community-powered charging model for both drivers and businesses. This initiative enables a variety of hosts, such as small business owners and parking lot operators, to install EV chargers and earn revenue, thereby addressing the significant shortage of public charging infrastructure. The company's US operations will begin with pilot deployments in the D...
    News
    Revel introduces SmartKit Demand Response in NYC to optimize EV charging
    Revel, an electric mobility company based in Brooklyn, New York, has introduced its SmartKit Demand Response technology at its Williamsburg Superhub, located at the historic Dime Building, to enhance electric vehicle charging and support New York City's clean energy transition. This technology, developed in partnership with Logical Buildings, strategically schedules vehicle charging to alleviate grid pressure during peak hours, reducing emissions and generating revenue through Demand Response...
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    Antolin secures €150M syndicated loan under ICO guarantee scheme for transformation plan
    Automotive interior systems supplier Antolin secured a €150 million syndicated loan as part of its ongoing transformation plan. The loan falls under the Instituto de Crédito Oficial (ICO)’s guarantee scheme, specifically for companies impacted by tariffs in the US. Antolin's main financial partners, which include CaixaBank, Santander, BBVA (acting as the agent bank), Sabadell and HSBC, support the financing. The loan has a seven-year maturity and includes an 18-month grace period. This a...
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