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.
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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.
EV battery swapping market set to reach $2.8 bn by 2029
January 31, 2025
Technological advancements, consumer preferences and infrastructure improvements are set to push the battery swapping market over the coming years
Flexis OEM JV set for business in 2026
January 31, 2025
Renault Group, Volvo Group, and CMA CGM OEM joint €350 million project has signed 10 LOIs and expects serial production to begin next year.
Volvo Cars takes full ownership of Novo Energy
January 29, 2025
The Swedish car manufacturer has signed a share purchase agreement relating to Northvolt’s shares in Novo Energy, leading to Volvo Cars taking full ownership of the Novo Energy joint venture.
Five companies control 50% of the automotive semiconductor market
January 22, 2025
The automotive industry’s impact on the global economy cannot be ignored. And currently, the automotive industry is going through a dramatic transformation – driven by electrification, autonomous driving and new mobility models.
Leoni expands with new manufacturing location
January 21, 2025
German automotive supplier Leoni has officially opened a new plant for the production of wiring systems for the truck, powertrain and off-road segment in Agadir, Morocco.
Automotive sensor market set to hit $14.3B by 2029
January 21, 2025
The global automotive sensor market is on track to grow from USD 9.3 billion in 2023 to USD 14.3 billion by 2029, driven by trends such as electrification and advanced driver-assistance systems (ADAS), according to a report by Yole Group.
Novo Energy restructures – reduces workforce by 30%
January 21, 2025
Novo Energy, the joint venture between Volvo Cars and Northvolt, plans to cut costs and reduce its workforce by 30%.
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