Deep-tech startup Vecmocon raises $18M in Series A funding
June 16, 2025
Indian deep-tech startup Vecmocon Technologies plans to utilize the funds to expand its market presence and focus on advancing capabilities in embedded design, power electronics, IoT and data science.
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Four-day week possible VW's Wolfsburg plant
June 04, 2025
Because Volkswagen will be restructuring its Wolfsburg plant from 2027 to make way for EV-only production, work weeks may temporarily be only four days long.
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High-Voltage Connections: The Driving Force Behind Electric Vehicles
The IEA’s latest Global EV Outlook report reveals a surge in electric car sales, projected to reach a staggering 17 million units by the end of 2024. This marks a significant milestone in the automotive industry, as EVs are expected to constitute more than one in five cars sold worldwide. As the EV market accelerates, the critical role of advanced connector technology in sustaining this growth becomes increasingly evident. Here, Dawn Rogers, senior product manager at connector specialist PEI-Genesis, explores how connectors are powering the EV development.
VECV partners with Statiq to boost EV adoption in India
May 29, 2025
Statiq will extend access to its expanding network of over 8,000 charging points from leading CPOs on its aggregated platform across India, making charging simpler, faster and more efficient for Eicher customers.
Volvo Cars to cut 3,000 jobs globally in major restructuring
May 26, 2025
Swedish carmaker Volvo Cars will reduce its global workforce by approximately 3,000 positions, including consultants, as part of a sweeping cost-cutting programme aimed at securing long-term profitability amid growing pressure in the automotive industry.
Report: Japan’s Nissan to cut 11,000 more jobs globally
May 13, 2025
The struggling automaker is planning additional job cuts due to a higher-than-expected drop in unit sales, according to a report by NHK. One of the reasons for Nissan’s woes is its collapsing market share in China.
Volvo Cars starts European production of EX30
April 29, 2025
Volvo Cars and its Belgian manufacturing plant in Ghent have officially started production of the fully electric EX30 small SUV.
Chinese EV maker BYD re-evaluates European strategy in face of resistance
April 28, 2025
Executives speaking anonymously revealed that BYD is rethinking how it approaches the European market in the wake of the continent’s resistance to its technology.
520km after 5 minutes charging? CATL races ahead of competition
April 22, 2025
China’s CATL, the world’s largest EV battery maker, also announced its sodium-ion cell battery, Naxtra, was ready for commercialization and unveiled new dual-power batteries that can go for 1,500km on a single charge.
Webasto partners with Cylib to scale up battery recycling
April 18, 2025
Under the agreement, German recycling company Cylib will collect and recycle used batteries and production waste from battery production at European sites of Webasto.
China delays approval for Geely, BYD investment plans in Latin America
April 14, 2025
Approval from China has taken longer than expected for the projects, with China’s state planner raising concerns that there are tech transfer risks in the Chinese automakers’ plans, Reuters reports.
Hitachi Rail wins $370 million contract to build battery trains in UK
April 04, 2025
The nine state-of-the-art battery hybrid trains will replace Arriva Group’s entire Grand Central fleet and be manufactured at Hitachi’s Newton Aycliffe factory, saving hundreds of jobs.
Håkan Samuelsson takes the wheel as Volvo Cars CEO
April 01, 2025
The Board of Directors of Volvo Cars has appointed Håkan Samuelsson as CEO and President, marking his return to the company’s top position. He takes over from Jim Rowan, who has served as CEO since 2022
Mazda, ROHM use next-gen chips for automotive components
March 28, 2025
The two Japanese firms have started developing automotive components using gallium nitride (GaN) power semiconductors, which reduce power conversion losses and contribute to the miniaturization of components.
Alibaba forms AI technology partnership with BMW
March 27, 2025
The Chinese-German partnership aims to develop AI technology to support the development of the next generation of vehicles in China.
BYD annual sales cross $100 billion, surging ahead of Tesla
March 26, 2025
Chinese EV maker BYD reported a 29% jump in sales from the previous year on deliveries of 4.27 million cars. By comparison, Tesla’s 2024 revenue was USD 97.7 billion.
Xiaomi raises $5.5 billion in share sale amid EV push
March 25, 2025
Xiaomi is targeting its nascent EV business to propel growth and has raised its EV delivery target for 2025. The Chinese tech giant is also expanding the size of a planned second factory in Beijing.
Stellantis invests $41M in Italy plant to make EV engine parts
March 21, 2025
The facility in Verrone will manufacture steel components for electric drive modules Stellantis currently makes in other European plants, with production expected to start at the end of 2027.
Thailand approves $1B investment from China’s Sunwoda
March 17, 2025
Shenzhen-based battery maker Sunwoda is expected to create 1,000 jobs in Thailand for production of lithium-ion battery cells for EV manufacturers.
Jaguar shelves plan to build EVs at Tata’s India plant
March 14, 2025
Jaguar Land Rover could not find the right price-quality balance for locally sourced electric vehicle parts to build EVs at parent company Tata Motor’s factory in southern India, according to Reuters.
Rio Tinto, Edify sign agreement for Queensland operations
March 14, 2025
Under the agreements, Rio Tinto will purchase 90% of the power and battery storage capacity generated by the Smoky Creek & Guthrie’s Gap Solar Power Stations for 20 years in Queensland, Australia.
Alkaline battery market to reach $14.3B by 2033
March 10, 2025
AA (LR6) and AAA (LR03) batteries remain the most dominant sizes, powering everything from household gadgets like remote controls and flashlights to industrial tools and medical devices.
Porsche acquires majority stake in V4Drive
March 10, 2025
German battery maker Varta’s eMobility subsidiary, V4Drive, will operate under the name “V4Smart”. While Varta remains a minority shareholder, it won’t exercise any operational influence.
Infineon and ARAI to advance automotive semiconductor solutions
March 06, 2025
Infineon and the Automotive Research Association of India (ARAI) have signed a Memorandum of Understanding (MoU) to collaborate on developing advanced semiconductor solutions for the Indian automotive sector.
Suzuki forms EV battery partnerships with Tata Gotion, FinDreams
March 05, 2025
India is set to play a critical role in Suzuki’s battery and EV strategy, positioning the country as a global hub for electric car production and export.
Volkswagen to recall 60,000 electric cars over display issue
March 03, 2025
The issue is reportedly linked to a software glitch that causes some gear positions to be displayed incorrectly.
LG Innotek launches automotive AP module
February 21, 2025
The small size of the automotive application processor (AP) module reduces the surface area of the main board, allowing cars to be designed more flexibly, the South Korean company said.
UK National Grid begins work on UK’s largest EV battery production facility
February 14, 2025
The National Grid has initiated engineering work on what’s set to be the UK’s largest EV battery production facility in Somerset.
Trump administration halts $5 billion EV charging program
February 10, 2025
The Federal Highway Administration said the National Electric Vehicle Infrastructure (NEVI) program will be updated to “align with current U.S. Department of Transportation policy and priorities.”
The EU in Trump's crosshairs as tariff war expands
February 03, 2025
President Donald Trump is escalating his trade war, imposing new tariffs on key US trading partners, with the European Union now in his sights.
Scania in last-ditch effort to resuscitate Northvolt
February 03, 2025
Each member of Scania’s staff is supposed to be paired with a Northvolt shift manager or team leader to coach teams and drive improvements and implement standards, the Reuters report said.
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