Stellantis will invest $400 million in Michigan plants amid transition to EVs
September 16, 2024
The automaker plans to invest USD 235.5 million in its Sterling Heights plant to produce the Ram brand’s first all-electric pickup truck.
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NEV sales increase 16.9% in 1Q24, PHEV surge nearly 50%
May 30, 2024
According to TrendForce Global Automotive Reports, the global sales of NEVs (including BEVs, PHEVs, and FCEVs) surged to 2.842 million units in 1Q24—making a 16.9% YoY increase.
BYD closes in on Tesla in Q2 BEV sales
August 17, 2023
The global automotive landscape is undergoing a decisive shift toward new energy vehicles (NEVs). TrendForce reports that in 1H23, NEV sales – which encompass battery electricity vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs) – soared to an impressive 5.462 million units, reflecting a growth of 33.6% YoY.
Stellantis unveils global strategy to secure microchips
July 19, 2023
Automotive giant Stellantis has entered into direct agreements with semiconductor suppliers that will be worth collectively more than EUR 10 billion.
Global new energy vehicle sales reach 2.656 million units in Q1
May 31, 2023
TrendForce reports the total sales of New Energy Vehicles (NEVs) – comprising BEVs, PHEVs, and FCVs – reached 2.656 million units in the first quarter of 2023, marking a 28% YoY increase.
Global NEV sales grew 60% YoY, surpassed 10 million units in 2022
February 22, 2023
According to TrendForce’s latest research, global sales of new energy vehicles (NEVs) rose by 63.6% YoY to 10.65 million units for 2022.
Mini LED backlit automotive display modules forecasted to total around 450,000 units for 2023
December 21, 2022
According to TrendForce’s latest research, shipments of Mini LED-backlit automotive display modules are estimated to total around 140,000 units this year because of their use by European, Chinese, and US carmakers.
Stellantis JV's bankruptcy just the first of many on China's domestic market?
November 30, 2022
The bankruptcy of Stellantis' Jeep joint venture could spell trouble for other global brands trying to make it on China's home turf.
Ranking: best selling EV brands for 3Q22
November 28, 2022
Sales of BEVs totaled 2.147 million units and increased by 75% year over year, while sales of PHEVs totaled 714,000 units and increased by 57% year over year.
Global NEV sales reach 2.19 million units in 2Q22
August 17, 2022
The new car market remained under the shadow of supply chain shortages and the pandemic in 2Q22 but new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) still outperformed gasoline vehicles and maintained positive growth.
NEV market grew in 1Q22 – global sales exceeded 2M units
May 16, 2022
According to TrendForce data, total sales of new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) in 1Q22 was 2.004 million units, an annual growth rate of 80%.
FCA revs up support for the Motor City
February 27, 2020
Fiat Chrysler Automobiles has released details on its planned expanded presence in Detroit, including the first new assembly plant within the city limits in almost three decades.
FCA expands in Michigan, curtails in Illinois
February 27, 2019
Fiat Chrysler Automobiles is continuing the investment realignment it began in 2016 by injecting USD 4.5 billion and 6,500 jobs into five Michigan plants, but initiating a production and man-power scale-back in Illinois.
Fiat Chrysler to invest $1 billion in Michigan – adding 2’500 jobs
January 12, 2018
Fiat Chrysler Automobiles (FCA) is planning to invest more than USD 1 billion to modernise its Warren Truck Assembly Plant to produce the next-gen Ram heavy duty truck.
Global EMS market signals growth in 2014
April 30, 2014
The electronics industry is one characterized by constant technological, end-user and regulatory changes which drives growth for new applications and new markets.
Flextronics provided design and manufacturing for Jeep Cherokee
April 16, 2014
Flextronics' Automotive Group has provided design and manufacturing services for the all-new 2014 Jeep Cherokee.
Chrysler's recalling; PCB's to blame
May 14, 2013
Chrysler Group is recalling almost half a million SUVs worldwide – as the vehicles' circuit boards were found to be transmitting signal which trigger unintended gearshifts to neutral.
The Changing EMS Landscape - Over the next 5 years
June 18, 2009
The 20th century Austrian economist Joseph Schumpeter popularized the term “Creative Destruction” in part to explain the wave of economic cycles that persist in the socioeconomic system of capitalism.
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