Foxconn-backed SiliconAuto established a new R&D center in Bengaluru that will specialize in designing semiconductor products and developing SoC solutions for the automotive industry...
Due to Stellantis' poor financial performance in the first half of 2023, CEO Carlos Tavares publicly declared at the end of July that the company would shut down unprofitable brands...
The European Union finds itself at a crossroads as it considers implementing anti-subsidy provisional tariffs on Chinese electric vehicle (EV) imports by the end of November. This...
Legacy automotive tier-1 suppliers are in hot water because major automakers face fierce competition and scale back their EV investments. Carmakers continue to pressure tier-1s, saying...
Automotive Cells Company (ACC), a battery maker backed by Stellantis and Mercedes-Benz, said it has paused plans for new factories in Germany and Italy. The France-headquartered company...
Following investments from Stellantis in 2023, Chinese EV manufacturer Leapmotor is reportedly preparing to enter the Indian market. However, the company's plans could encounter obstacles...
Samsung SDI and Stellantis have been building a joint battery plant in the US to produce the South Korean company's sixth-generation prismatic battery, P6.
In 2020, the rapid growth of EV sales, especially Battery EVs (BEVs), and market share prompted European automakers to develop chassis dedicated to BEVs.
South America's largest economy sees growing automotive investment. China-based BYD recently started building an industrial complex for EVs in Brazil, aiming to produce 15,000 vehicles...
Samsung Electronics chairman Lee Jae-yong recently visited Malaysia to check the group's local battery production. He emphasized that it is critical to keep investing in the battery...
International carmakers have been exploring ways to secure their market share in China, where EVs see robust growth. Jessie Lin, senior analyst with DIGITIMES Research, said the strategic...
Several carmakers have decided to bear the cost of EV incentives after the German government terminated the program. Tesla, Volkswagen, Stellantis, Mercedes-Benz, and Audi all said...
Supply chain experts note a deceleration in major carmakers' investments in electric vehicle (EV) self-production projects. This shift is attributed not only to considerations of...
