Foxconn MODEL C electric SUV makes U.S. show debut at Taiwan Expo USA Hon Hai Technology Group (Foxconn) showcased a production model of its North American variant MODEL C SUV at Taiwan Expo USA in Dallas, Texas, from August 14 through August 16, 2025. The Taiwan Expo USA was the first time that Foxconn displayed the vehicle in the U.S. The North American variant of the MODEL C has a number of differences compared to the original, including an en...

News  Updated at: 2025/08/19

KPIT Technologies, India completes Caresoft acquisition On August 15, KPIT Technologies announced that it had completed the acquisition of Caresoft (Caresoft Global Technologies, Inc., USA, Caresoft Engineering Services Limited, UK, CAREGLOTECH de RL de CV Mexico, and OXI SRL, Italy). The final consideration for the deal was renegotiated to up to USD 157 million (including USD 15 million in variable pay based on revenue and business synergy miles...

News  Updated at: 2025/08/18

Mercedes-Benz's three concepts make U.S. show debuts at Pebble Beach Concours d’Elegance On August 12, Mercedes-Benz USA announced that its showcase at the 2025 Pebble Beach Concours d’Elegance Automotive Week would feature the U.S. show debuts of its CONCEPT AMG GT XX electric performance concept, the Vision V luxury limousine concept, and the exclusive Mercedes-Maybach S 680 Edition Emerald Isle. The CONCEPT AMG GT XX previews a future prod...

News  Updated at: 2025/08/15

Uerdingen site to the end of the second quarter of 2025. LANXESS also plans to streamline its global network of aroma chemicals plants and shut down production at its Widnes site (UK) in 2026. Due to high costs, the company can no longer operate the Widnes site competitively. At the El Dorado site (USA), LANXESS plans to increase the efficiency of bromine production. These measures are expected to result in permanent annual savings of EUR 50 mill...

News  Updated at: 2025/08/14

KPIT, India invests in Helm.ai, USA for Al software for autonomous driving On August 8, KPIT Technologies Ltd. announced that it will invest up to USD 10 million via a "SAFE Instrument" in the preferred stock of Helm.ai. Helm.ai develops advanced AI software for autonomous vehicles. It helps OEMs to develop safe, scalable, and cost-effective autonomous driving systems, from basic driver assistance to full autonomous driving vehicles. This investm...

News  Updated at: 2025/08/11

VDA, Germany requests EU to make USA now withdraw sectoral tariffs for automotive industry On August 8, the president of the German Association of the Automotive Industry (VDA) stated that the deal between the EU and the US has so far brought no clarity or improvement for the German automotive industry.  The sectoral tariffs on cars and automotive parts of 27.5%, which have been in effect since April and May, respectively, remain in place and pl...

News  Updated at: 2025/08/08

McLaren Automotive to build new vehicle processing center in Port of Baltimore, USA On August 1, McLaren Automotive announced a major investment in a new Vehicle Processing Center (VPC) to be built on a brownfield site at Tradepoint Atlantic in the Port of Baltimore, reinforcing its commitment to the United States, McLaren’s largest global market. The new 50,000-square-foot facility will serve as a dedicated center for processing and accessoris...

News  Updated at: 2025/08/05

Lyft, USA partners with Baidu, China to deploy Apollo Go autonomous vehicles in Europe On August 4, Lyft, one of North America's and Europe's largest transportation networks, announced that it has partnered with Baidu, Inc., a leading AI company with a strong Internet foundation, to bring Baidu’s Apollo Go autonomous vehicles (AVs) to key European markets through the Lyft platform. As part of the partnership, Lyft will deploy Baidu Apollo Go’...

News  Updated at: 2025/08/05

n, for much of the Oil purchased, selling it on the Open Market for big profits,” Trump wrote on his Truth Social platform. “They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA.” (Donald Trump on Truth Social on August 4, 2025)...

News  Updated at: 2025/08/05

Sumitomo Drive Technologies USA uses Swisslog SynQ software, AutoStore for assembly operation On July 29,  Swisslog, a leading provider of best-in-class warehouse automation and software, announced that Sumitomo Drive Technologies USA will deploy an advanced AutoStore solution integrated with autonomous forklifts, orchestrated by Swisslog's SynQ software. Sumitomo Drive Technologies, a brand of Sumitomo Machinery Corporation of America (SMA), ma...

News  Updated at: 2025/07/31

her escalation of the trade dispute. However, Müller said that the US tariff of 15%, including for automotive products, will cost the German automotive industry billions annually and will burden them amid the transformation. Because of the far-reaching commitments for additional investments in the USA, the EU is now more urgently called upon to make the framework conditions in Europe internationally competitive for investors and companies to bec...

News  Updated at: 2025/07/29

ecutive year. The number of “greenfield investments” involving the establishment of a local company and creation of new employment was at a record-high, and the number of investments relating to electric vehicles (EVs) also increased. The U.S. government, which has been inviting plants into the USA leveraging its tariff policy and revising its EV promotion policy, stated that it has seen signs that internal combustion engine (ICE) vehicles an...

News  Updated at: 2025/07/29

rategic investments by leveraging its engineering, design, development, and supply chain capabilities. As multiple product launches are scheduled, with six new models planned over the next three years. Norton is also preparing for international expansion, initially focusing on markets including the USA, Germany, France, Italy, and India. To support this global growth, TVS Motor is also expanding manufacturing capabilities in both India and Indone...

News  Updated at: 2025/07/28

QuantumScape, USA expands partnership with PowerCo to accelerate QSE-5 solid-state battery scale-up On July 23, QuantumScape, USA announced that it is expanding strategic collaboration and licensing arrangement with PowerCo SE, the battery company of the VW Group, originally entered into in July 2024. The new deal aims to speed up the development of the QSE-5 solid-state battery pilot line in San Jose — a key step toward commercializing the tec...

News  Updated at: 2025/07/24

mineral resources and the procurement of these minerals for use in manufacturing by U.S. OEMs and Tier 1 suppliers. MINAC partners include:    •    Alaska Energy Metals, which is leading the development of a large-scale nickel project in the interior of Alaska.    •    Electric Metals USA Limited, which is currently developing the Emily manganese project in Minnesota.    •    Graphite One, which is currently developing facili...

News  Updated at: 2025/07/24

Cenntro, USA partners with Electricove to assemble and distribute EVs in Morocco On July 22, Cenntro Inc., an electric commercial vehicle manufacturer, announced that it has signed a strategic partnership agreement with Electricove Maroc, an electric vehicle distribution company based in Casablanca, Morocco. Under the agreement, Electricove will assemble Cenntro’s electric vehicles in Morocco for distribution across local and Northern African ...

News  Updated at: 2025/07/23

Mercedes-Benz to pause EQ production for U.S. as U.S. EV tax credits end On July 18, multiple media reported that Mercedes-Benz USA has confirmed that it will pause production of the EQE and EQS sedans and SUVs, and all of their variants, in the U.S. and bound for the U.S. on September 1. Dealers have been notified that order banks for the cars are now closed as well. The Mercedes-Benz EQS and EQE SUVs are produced at the Mercedes-Benz plant in T...

News  Updated at: 2025/07/22

l operations and enhancing cost efficiency. In Mexico, all operations at the Juarez plant, which run under a third-party Maquiladora setup, will be relocated by December 2025. Most manufacturing will move to the Matamoros facility, while select low-volume, high-value products will shift to Wichita, USA. The Brownsville warehouse will be expanded to support future growth. The transition will cost around USD 500 thousand, with expected annual savin...

News  Updated at: 2025/07/16

Ford reaches job protection deal with IG Metall for Cologne facility workers On July 11, the General Works Council along with IG Metall announced that they had secured a protection package for all employees of Ford-Werke GmbH at the Cologne site. The agreement, approved by Ford Motor Company management in the USA, ensures job security for over 10,000 employees through the end of 2032. The agreement provides a strong safety net for all employees, ...

News  Updated at: 2025/07/14

Tata Elxsi, India and Synopsys, USA sign MoU to collaborate on automotive virtualization solutions On July 11, Tata Elxsi signed a Memorandum of Understanding (MoU) with Synopsys at the SNUG India 2025 event in Bengaluru to collaborate on advanced automotive virtualization solutions. The partnership focuses on delivering pre-verified, integrated solutions for designing and deploying virtual electronic control units (vECUs), which are vital for so...

News  Updated at: 2025/07/11