On July 23, Swift Navigation announced the completion of its USD 50 million Series E financing round. Led by Crosslink Capital, the round saw strong participation from existing investors. This funding brings Swift Navigation’s total capital raised to over USD 250 million, fueling its mission to revolutionize how we m

On July 29, multiple sources reported that the US president, Mr. Donald Trump, stated that India may face a tariff rate of 20% to 25% however, the final rate is yet to be finalized as the two nations are still negotiating a trade deal ahead of an August 1, 2025, deadline. 
Based on multiple sources 

On July 28, during a press conference in Scotland alongside UK Prime Minister Keir Starmer, Trump confirmed that a 15% minimum represents the new standard for tariff negotiations.
“For the world, I would say it’ll be somewhere in the 15% to 20% range,” Trump said during the press conference. 
While the figures are a

On July 29, President Trump's Environmental Protection Agency (EPA) proposed revoking a scientific finding that has long been the central basis for U.S. action to regulate greenhouse gas emissions and fight climate change.
The proposed EPA rule would rescind the 2009 Endangerment Finding that determined that carbon d

On July 29, Stellantis announced results for the H1 2025, with an updated estimate of 2025 net tariff impact to approximately EUR 1.5 billion, of which USD 0.3 billion was incurred in H1 2025.
Stellantis H1 2025 results include:
    •    Net revenues of EUR 74.3 billion, down 12.7% compared to H1 2024 primarily drive

Ford Motor Co. is securing access to credit amid economic uncertainty and increased tariff costs. The company has taken out a USD 3 billion term loan credit agreement with several lenders that will be administered through JPMorgan Chase Bank, according to a government filing on July 28.
Ford confirmed that lenders ha

During its Q2 2025 earnings call, Tesla revealed some new details regarding the production plans of the affordable vehicles at its Gigafactory Texas. In the Q2 release, Tesla said it successfully completed “first builds of a more affordable model in June, with volume production planned for the second half of 2025.”
I

On July 29, LG Innotek announced the signing of a partnership with Aeva, an U.S. company specializing in LiDAR technology, outlining the strategic supply and joint development of next-generation LiDAR technology.
Under the agreement, the two companies will jointly develop by the end of 2027, FMCW LiDAR for autonomous

On July 29, Gatik announced Gatik Arena, its next-generation simulation platform designed to accelerate the development and validation of autonomous vehicle (AV) systems. Built in-house and fine-tuned to Gatik’s operational and technical needs, Arena produces photorealistic, structured, and controllable synthetic dat

On July 24, NASH Energy announced a partnership with Rincell Corporation, a US-based company, to introduce advanced NMC battery cell technology in India.  Rincell will transfer its technology for Nickel-Manganese-Cobalt (NMC) battery cells to Nash Energy. Nash Energy will set up a manufacturing facility in India to p

On July 28, Hildegard Müller, president of the German Association of the Automotive Industry (VDA), issued a statement that it is fundamentally good that the EU-US framework agreement could avert a further escalation of the trade dispute.
However, Müller said that the US tariff of 15%, including for automotive produc

On July 28, Cooper Standard announced its collaboration with Renault Group on the Renault Emblème project. The project integrates two of Cooper Standard's vehicle innovations: the FlexiCore thermoplastic body seal and the FlushSeal sealing system.
Through FlexiCore thermoplastic body seal, Cooper Standard transitione

Freudenberg Sealing Technologies, a business group of Freudenberg SE, is transforming its Manchester, New Hampshire facility (U.S.) from producing gaskets for combustion engines to manufacturing sealing solutions for battery housings and e-drive systems.
Supported by major company investments and funding from the U.S

On July 28, Canadian Prime Minister Mark Carney said trade negotiations with the U.S. are at an "intense phase" ahead of the August 1 deadline to reach an agreement. "[Canadians] don't deserve the uncertainty that's been thrust upon them… they want the right kind of resolution. They want a deal that makes sense for C

On July 28, U.S. President Trump’s deal with the EU that will fundamentally rebalance the economic relationship between the world’s two largest economies was presented on Whitehouse.gov.
On July 27, the day of the actual agreement, President Trump, U.S. Commerce Secretary Howard Lutnick and Treasury Secretary Scott B

On July 28, Audi AG lowered its full-year 2025 financial guidance, citing the impact of higher U.S. import tariffs and ongoing restructuring costs. The increased U.S. tariffs imposed in April alone burdened Audi with around EUR 600 million in the first half of the year, Chief Financial Officer Jürgen Rittersberger sa

On July 27, Tesla Inc. CEO Elon Musk said his company had signed a USD 16.5 billion deal to source chips from Samsung Electronics. Musk said Samsung’s new chip factory in Taylor, Texas, will make Tesla’s next-generation AI6 chip, potentially re-energizing the project that has faced long delays with Samsung’s difficul