Ford cancels USD 6.5 billion LGES battery contract for axed new-gen E-Transit On December 16, LG Energy Solution (LGES) announced in a regulatory filing that Ford Motor has terminated its long-term EV battery supply agreement, citing changes in the policy environment and weakening demand for EV. Under contracts signed in October 2024, LG Energy Solution was to supply 34 GWh of batteries to Ford from 2026-30 and an additional 75 GWh from 2027-32 ...

News  Updated at: 2025/12/18

Ford transitions EV strategy and plants in Tennessee, Kentucky, Ohio, Michigan On December 15, Ford announced a new revised strategy for its EV and ICE efforts that will enable the company to face the changing marketplace and accelerate margin improvements across its Ford Model e, Ford Pro and Ford Blue divisions, as well as launch a new energy storage business. Ford said the moves will begin narrowing the financial losses for its Model e EV uni...

News  Updated at: 2025/12/17

[JMS 2025 Exclusive Interview] Toyoda Gosei Seeks to Maximize the Potential of Polymers to Deliver Better Mobility and Lifestyles The Japan Mobility Show (JMS) was held from October 29, 2025. During the show, MarkLines conducted exclusive interviews with several companies. We interviewed Shigeaki Kurokawa, Deputy General Manager of the Development Department. Toyoda Gosei’s exhibit was designed to enable attendees to experience four key concept...

News  Updated at: 2025/12/16

Nissan reportedly considers manufacturing hybrid powertrains in Decherd, Tennessee On December 9, it was reported that Nissan Americas Chairman Christian Meunier said the company is reevaluating its U.S. manufacturing strategy and may convert its underused powertrain plant in Decherd, Tennessee, originally slated for EV motor and components production, into a facility for building its e-Power hybrid systems. A decision is expected in early 2026....

News  Updated at: 2025/12/10

Ford set to launch Bronco nameplate in Europe on new PHEV crossover Ford is reported to be preparing a new compact crossover for Europe, likely to be called Bronco, and built in Spain alongside the Kuga in Valencia, Spain, according to a source familiar with Ford’s plans. The model will feature a traditional two-box SUV design inspired by the more rugged Bronco Sport, which is built in Hermosillo, Mexico on the same C2 platform as the Kuga in S...

News  Updated at: 2025/12/10

Ford unveils next phase of European Strategy, urges policy alignment to support EV transition On December 9, Ford announced the next phase of its European transformation. The plan centers on three pillars, strengthening the Ford Pro commercial vehicle division, expanding the passenger car lineup with distinctive new models, and optimizing its industrial system to drive scale and cost efficiencies. The company will launch a new wave of multi-ener...

News  Updated at: 2025/12/09

In Saltillo, the company has started producing the RAM 1500 full-size pickup. Meanwhile, the Toluca plant will manufacture the sixth-generation hybrid Jeep Cherokee, the first hybrid version in the model’s history, and the new all-electric Recon SUV, part of Stellantis’ Dare Forward 2030 global strategy to expand zero-emission vehicle production. Together, these programs secure employment across Stellantis’ Mexican operations, which now tot...

News  Updated at: 2025/12/09

Mercedes-Benz EV project to bring more than 150 new jobs in UK On December 3, the UK Government announced that a new GBP 20 million UK-Germany EV technology project led by Mercedes-Benz will create over 150 jobs in Northamptonshire and Oxfordshire. The project led by Mercedes-AMG High Performance Powertrains will create over 150 high-value new jobs and secure 34 existing roles. The project will increase the UK’s EV supply chain and support Brit...

News  Updated at: 2025/12/04

VW plans local manufacturing in Egypt under new multi-phase expansion strategy On December 3, Egypt’s Deputy Prime Minister for Industrial Development and Volkswagen brand CEO discussed the company’s plans to start manufacturing cars in Egypt through a video conference. Volkswagen outlined a multi-phase plan to grow in Egypt, beginning with contract manufacturing at the Egyptian-German Automotive Company (EGA). Later, the company aims to buil...

News  Updated at: 2025/12/04

Naza Group ends Maserati operations in Malaysia, prioritizes core brands and new growth areas Reported on December 2, 2025, Naza Italia has announced that it will end its role as Maserati’s importer and distributor in Malaysia, having formally notified Maserati SpA in line with the 180-day requirement under their 2009 agreement. The company said the move aligns with Naza Auto’s strategy to refocus on core brands and new growth areas, position...

News  Updated at: 2025/12/04

and Jaecoo announced their expansion plans during the São Paulo International Motor Show. The companies confirmed the arrival of the Jaecoo 5 and Jaecoo 8 hybrid SUVs for 2026, joining a lineup that already includes the Omoda 5, Omoda 7, Omoda E5, and Jaecoo 7. Both models will feature the Super HEV+EV hybrid system, offering a driving range of up to 1,600 km. The Jaecoo 5 will compete in the compact SUV segment with 200 hp of combined power, w...

News  Updated at: 2025/11/28

GlobalData blog: Optionality over obligation: the quiet message from the Japan Mobility Show 2025 Walking through the Tokyo Big Sight center in early November for the Japan Mobility Show 2025, you could feel two stories unfolding at once. On the surface, Japan’s hometown brands filled the halls with sharp concepts, plush interiors and a sea of “electrified” badges. However, underneath, something more cautious was just as clear—Japan still...

News  Updated at: 2025/11/27

Auto Guangzhou 2025: Xiaomi EV unveils enhanced Xiaomi HAD system On November 21, at the Auto Guangzhou 2025 motor show (exhibition period: November 21-30), Xiaomi EV unveiled the enhanced Xiaomi HAD (Hyper Autonomous Driving) system. For the first time, the enhanced Xiaomi HAD system has introduced the large model training method of “reinforcement learning + world model”, where large models repeatedly explore the virtual environment created ...

News  Updated at: 2025/11/25

GlobalData blog: Cybersecurity risks inside the powertrain: why EVs need defence at the motor level The powertrain in modern EVs has become a cyber-physical system where software controls motion. Think about driving an Electric Vehicle (EV) on a connected highway. It would be smart, efficient, and always talking to cloud systems, chargers, and sensors. Now imagine how that same car could suddenly speed up or slow down because a malicious command ...

News  Updated at: 2025/11/25

Mercedes-Benz unveils U.S. growth plan for 400,000 annual sales by 2030 On November 22 at the brand’s annual dealers meeting in Las Vegas, Mercedes-Benz USA CEO Adam Chamberlain laid out an aggressive U.S. growth strategy aimed at regaining the No. 1 position in the U.S. luxury vehicle market, targeting 400,000 annual retail sales by 2030. Chamberlain detailed a multi-pronged plan for the dealers, previewing five upcoming models:   • The nex...

News  Updated at: 2025/11/25

Hyundai presents Ioniq 6 N in Los Angeles to elevate EV offerings in U.S. On November 20, Hyundai revealed a new part of its North American strategy with the unveiling of the Ioniq 6 N, its newest high-performance electric vehicle, at AutoMobility LA, marking a major step in Hyundai N’s shift toward electrification. The Ioniq 6 N will arrive in limited quantities in the U.S. in 2026 from Hyundai’s Asan plant in Korea. “With Ioniq 6 N, Hyund...

News  Updated at: 2025/11/22

South Korean government unveils K-Mobility Global Leadership Strategy In November 2025, the South Korean government unveiled the K-Mobility Global Leadership Strategy, which aims to make the country‘s automotive industry more competitive and demonstrate leadership in the next-generation mobility area. The government summarized the strategy in the following four elements: (1) overcoming U.S. tariff challenges and strengthening support for indust...

News  Updated at: 2025/11/21

Nigeria to provide policy support and incentives to auto sector to boost CNG, EV production On November 18, multiple sources reported that the Vice President of Nigeria stated that the government will provide policy support and incentives to the Automotive Sector and make Nigeria the hub for both compressed natural gas (CNG) and electric vehicles (EVs) in West Africa. The automotive sector is a critical pillar of the Federal Government’s agenda...

News  Updated at: 2025/11/19

SEAT reveals AQUA AI and HV battery repair solutions at Innovation Days+ event On November 17, SEAT and CUPRA organized the 7th edition of Innovation Days+. The event encourages teams across the company to showcase bold ideas that can improve strategy and operations. Among the standout projects was “AQUA AI”, which uses artificial intelligence to increase product quality, cut production time and carbon dioxide emissions, and reduce the need f...

News  Updated at: 2025/11/18

26. Julián Villarroel, BYD Mexico’s Vice President, confirmed during Expo Transporte 2025 that the project remains active, and that Mexico and Brazil are the company’s main markets in Latin America. The executive emphasized that BYD intends to “stay in Mexico,” highlighting the company’s strategy to expand regional production and strengthen its position as the only EV manufacturer producing its own batteries. Villarroel stated that BYD...

News  Updated at: 2025/11/15