During a press briefing on August 6, 2025, U.S. President Donald Trump said that he plans to impose a tariff of approximately 100% on semiconductor imports.
President Trump did offer exemptions to companies that are either manufacturing in the U.S. or have committed to do so, saying, “We’ll be putting a tariff of app

On August 5, 2025, Rivian announced its second quarter 2025 financial results. During the second quarter, Rivian produced 5,979 vehicles, 37.8% decrease and delivered 10,661 vehicles, 22.7% decrease. Production during the second quarter for both R1 products and commercial vans was limited primarily due to a variety o

On August 7, 2025, Lyten, Inc. announced that it had reached a binding agreement to acquire Northvolt’s remaining assets in Sweden and Germany. Among the assets acquired include the Northvolt Ett facility and its expansion in Skellefteå, Sweden; the Northvolt Labs facility in Västerås, Sweden; and the Northvolt Drei

indie Semiconductor announced that it signed a definitive agreement to acquire emotion3D GmbH, a developer of advanced perception algorithms and software for automotive applications including in-cabin sensing, ADAS and autonomous driving. The acquisition of emotion3D will help indie create co-optimized hardware and s

Eaton has completed its acquisition of Resilient Power Systems Inc., a Texas-based innovator in solid-state transformer (SST) technology. The deal enhances Eaton’s capabilities in power distribution, with an eye on key growth markets such as data centers, energy storage, and EV charging infrastructure. Resilient’s ul

On August 6, in a major milestone for U.S. autonomous vehicle development, the National Highway Traffic Safety Administration (NHTSA) has granted its first-ever exemption to American-built AVs under its newly expanded Automated Vehicle Exemption Program. Zoox, a self-driving technology company owned by Amazon, is the

Guident Corp. has announced it received a Notice of Allowance for a new U.S. and South Korean patent focused on remote monitoring and control of autonomous vehicles using artificial intelligence. The patent covers a system that uses distributed sensor fusion to collect data from multiple autonomous vehicles, includin

On August 6, Hyundai Motor Company and General Motors announced plans for their first five co-developed vehicles. 
The companies will jointly develop four vehicles for the Central and South American markets, including a compact SUV, a car, a small pickup, and a mid-size pickup, all designed to run on either internal

Elektrobit Automotive GmbH (Elektrobit) announced that Siemens EDA (Siemens Digital Industries Software) has joined its Product Compatibility Program to accelerate SDV development. By integrating Siemens’ Architecture Native Acceleration (Ana) with EB corbos Linux, this collaboration enables fast and efficient simula

On July 29, Bosch introduced two new system-on-chips (SoCs), the SX600 and SX601, designed to power the next generation of advanced driver-assistance systems (ADAS). Built on 22nm RF CMOS technology, the chips combine high computing power with improved object detection range and resolution. Both SoCs enable key SAE L

Despite President Trump’s recent move to impose a 35% tariff on Canadian goods, most exports from Canada and Mexico remain unaffected due to the United States-Mexico-Canada Agreement (USMCA). Nearly 90% of Canadian exports and over 84% of Mexican exports to the U.S. continue to enter duty-free, shielding key supplier

On July 22, FCA U.S. is recalling more than 121,000 Jeep Cherokee and Grand Cherokee L models due to a defect in second-row head restraints that fail to lock in the upright position, posing a safety risk. The issue traces back to components supplied by Grammer Americas, the U.S. arm of German Tier 1 supplier Grammer

On August 5, Kumho Tire U.S.A. has launched the new Road Venture RT, a rugged-terrain tire that blends the best features of all-terrain and mud-terrain options. Designed for trucks and SUVs, the tire delivers strong off-road traction, excellent on-road comfort, and an industry-leading 50,000-mile tread life warranty.

Noveon Magnetics announced that it reached a multi-year supply agreement with General Motors to provide rare earth magnets for a wide range of vehicle components. Noveon started production prior to the development of the agreement and began rear earth magnet deliveries to GM in July 2025. Under the supply agreement,

On August 5, Lucid Group announced financial results for the second quarter ended June 30, 2025.
The company reported record quarterly revenue of USD 259.4 million, an increase of 29.3% from Q2 2024.
The company produced 3,863 vehicles in Q2, an increase of 83.1% compared to Q2 2024 and delivered 3,309 vehicles in Q2

On August 4, 2025, Amazon Autos announced that it is expanding its online sale services to include used and certified pre-owned (CPO) vehicles. Amazon Autos will begin offering used and CPO vehicles in Los Angeles and will slowly expand its used vehicle offerings to other cities in the coming months.
The Amazon Autos

On July 31, 2025, Lyft, Inc. announced that it had completed the acquisition of FREENOW, a mobility-as-a-service platform with operations focused primarily in Europe. FREENOW is a taxi app that provides access to multi-mobility options including taxis, private vehicles, car sharing, e-scooters, and e-bikes within a s