News

LG Energy Solution has become the first battery company to join SDVerse, a global B2B marketplace for automotive software, marking a significant step in integrating battery technology with software ecosystems.

Geely has merged its European engineering operations into Geely Technology Europe to reduce launch delays and double Europe-led projects by 2027.

Autoliv partners with HSAE in a 40-60 JV to develop and produce advanced safety electronics for the Chinese automotive market, pending regulatory approval.

Mercedes-Benz commits USD 4 billion to upgrade its Tuscaloosa manufacturing facility, boosting production capacity for next-generation vehicles amid rising EV demand.

Mercedes-Benz is investing $4 billion in its Alabama facility by 2030 to localize GLC crossover production, reducing reliance on tariff-impacted imports.

Subaru partners with Infineon on microcontroller units to boost BEV battery thermal management and software-defined vehicle mechanisms.

Volvo Group (Volvo), Daimler Truck AG (Daimler Truck), cellcentric and Toyota Motor Corporation (Toyota) have signed a non-binding agreement to cooperate in the fuel cell system joint venture cellcentric.

ASAM has unveiled a new Diagnostic API standard that standardizes data exchange for real-time diagnostics in software-defined vehicles, enhancing end-of-line testing efficiency.

MG plans to introduce semisolid-state batteries in its mass-market MG4 EV in Europe to gain a competitive edge in the ongoing EV price war.

Toyota announces a $1 billion investment to expand vehicle production at its Kentucky and Indiana plants, primarily to meet surging demand for hybrid models.

Hyundai plans to launch 36 new or upgraded models in North America by 2030, backed by $26 billion investment to achieve 80% localization of sales and sourcing.

Toyota is investing $1 billion in its Kentucky and Indiana facilities to boost U.S. vehicle production, primarily targeting surging demand for hybrid models.

Sony Honda Mobility has halted development of its initial Afeela EV models following Honda's revised EV strategy, prompting a strategic review and refunds for reservations.

Basemark and Lucid Motors announce collaboration to deploy advanced augmented reality head-up display technology in the Lucid Gravity electric SUV, enhancing connected vehicle capabilities.

Toyo Tires holds groundbreaking ceremony for advanced manufacturing plant in Asia, targeting expanded production of high-performance tires for EV and autonomous vehicle applications.