Mercedes-Benz’s revolutionary EV batteries reach road testing phase
February 28, 2025
Mercedes-Benz has approved its brand-new solid-state EV batteries for formal road testing in partnership with its Formula One engineers.
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Air taxi start-up Volocopter files for bankruptcy
January 02, 2025
German air taxi start-up Volocopter has filed for insolvency proceedings, citing its inability to raise new funds to maintain regular operations.
Mercedes-Benz closes the battery loop
October 23, 2024
Mercedes-Benz has opened Europe's first battery recycling plant in Kuppenheim, southern Germany with an integrated mechanical-hydrometallurgical process making it the first car manufacturer to close the battery recycling loop with its own in-house facility.
LG Energy Solution to supply batteries to Mercedes affiliate
October 11, 2024
LGES plans to supply Mercedes with its 1.8-inch cylindrical batteries, which will be produced at a new facility being built in Arizona, the company’s second standalone factory in North America.
Exicom acquires US EV charging company Tritium for $37 million
October 07, 2024
Exicom plans to establish a manufacturing facility in Hyderabad that will utilize Tritium’s technology to create electric vehicle solutions.
Fire breaks out in CATL factory in China, no casualties reported
September 30, 2024
Emergency services were sent to the plant belonging to Chinese battery maker to fight the fire and organize the evacuation of any people inside the 15,000 square metre facility in Ningde.
GM EV owners finally get access to Tesla Superchargers
September 19, 2024
The agreement makes approximately 17,800 Tesla Superchargers available to drivers of GM vehicles such as Chevy Bolt and Silverado EV, using a USD 225 adapter.
Italy cuts $223 million funding for EV battery plant
September 18, 2024
Italy’s government has clashed with Stellantis in recent months as the automaker shifted production to lower-cost sites in other countries amid a slowdown in EV demand.
GM may buy EV batteries built with Chinese tech
September 16, 2024
But the batteries will be assembled in the US at a proposed plant funded and operated by Japanese consumer electronic firm TDK Corp.
Jaguar warns of battery fire risk in older I-Pace electric SUVs
September 02, 2024
The I-Pace batteries were reportedly made in Poland by LG Energy Solution, whose products are being probed by the U.S. National Highway Traffic Safety Administration.
South Korea officials meet to discuss EV fire safety norms
August 12, 2024
The fire on August 1 appears to have started spontaneously in a Mercedes-Benz EV parked below a residential apartment. The blaze damaged 140 cars and took about eight hours to control.
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.
MLCC shipments expected to increase by 6.8% in Q2
May 29, 2024
TrendForce reports that MLCC shipments in 1Q24 are expected to reach a three-quarter low. In the second quarter, demand for AI servers continued to grow steadily, while orders for other consumer electronics have fallen short of expectations due to traditional seasonal demand and preparations for China’s May Day holiday and the 618 shopping festival.
AI computing specialist Blaize raises $106m
May 06, 2024
The publicly quoted US firm says it will use the financing to strengthen its position in the markets for automotive, computer vision, AI inference, and generative AI.
New funds will accelerate ACC battery network buildout
February 14, 2024
ACC says it has closed a EUR 4.4 billion debt raising, increasing the funding for the construction of three gigafactories for lithium-ion battery cell production in France, Germany, and Italy, as well as R&D.
ProLogium preps world's first giga-scale solid state battery
January 25, 2024
French startup ProLogium Technology has opened a solid-state lithium ceramic battery facility in Taoyuan City, Taiwan.
Taiwan opens new vacuum heat treatment centre
December 15, 2023
France's ECM Group and Taiwan's Metal Industries Research & Development Centre (MIRDC) have combined to launch the Asia-Pacific Vacuum Heat Treatment Synergy Centre.
ZKW expands its site in Mexico
December 07, 2023
Lighting systems specialist continues to invest in the production plant in Silao, Mexico. As part of the opening of the new construction phase, the foundation stone for the next expansion is already being laid.
Sila begins build-out of US titan silicon plant
November 30, 2023
Sila, an American battery materials company, has announced it has begun building out its first, auto-scale manufacturing plant, Sila Moses Lake, located in Washington state.
Mercedes-Benz acquires minority stake in btv technologies
November 24, 2023
Car maker Mercedes-Benz has invested in its logistics partner btv with the aim of securing its semiconductor supply chain.
Rebound in mini LED product shipments in 2024
November 06, 2023
Due to declining demand in consumer electronics, shipments of Mini LED products are expected to decrease to 13.337 million units in 2023, says TrendForce. However, the market is projected to rebound in 2024, with shipments estimated at 13.792 million units, and the growth trend is expected to continue through 2027
GKN makes large investment in Hungary
September 11, 2023
The British company is investing 142.7 million to expand production in Felsőzsolca in northern Hungary. The automotive supplier is looking to serve Tier-1 companies with the newly created capacity.
Joyson Electronics' order book hits $5.8bn
August 07, 2023
Chinese automative components supplier Joyson has revealed it has booked 42 billion yuan (USD 5.8 billion) worth of new orders worldwide in H1 2023.
Sunwoda to build $274.71m battery plant in Hungary
July 28, 2023
Shenzhen-based battery specialist Sunwoda prepares to expand into the European market with a major new facility.
Panasonic rumoured to be planning new battery plant in India
July 18, 2023
Speculation suggests that Japanese electronics giant Panasonic is in talks to establish a new battery-making facility in India as part of the government’s production-linked incentive (PLI) scheme.
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.
940 jobs lost at Valmet Automotive
March 28, 2023
Valmet Automotive says that it has concluded the change negotiations that started on January 16, 2023, concerning all personnel in its Vehicle Contract Manufacturing business line at the plant in Uusikaupunki, Finland.
SiC power device market will surpass $2.2 billion in 2023
March 09, 2023
The market for third-generation (compound) semiconductors encompasses products based on silicon carbide (SiC) and gallium nitride (GaN). In particular, SiC products account for about 80% of the total market value.
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.
Mercedes-Benz turns to Wolfspeed to power its EV platforms
January 05, 2023
Wolfspeed will be supplying Silicon Carbide devices to power future Mercedes-Benz Electric Vehicle (EV) platforms.
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.
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