GM’s EV strategy boosted by new Ancker-Johnson Battery Cell Development Center On July 14, General Motors President Mark Reuss talked about his company’s strategy in building a North American supply chain to power its lineup of EVs.    •    With the Ultium Cells plants in Spring Hill and Warren, Ohio, GM has the largest OEM battery cell manufacturing capacity in the U.S. Building on a USD 2.3 billion commitment, Ultium Cells Spring Hill...

News  Updated at: 2025/07/16

on capacity, with an estimated capital expenditure of INR 15 billion. Apollo Tyres (Hungary) Kft. continued scaling up its PCR production during FY 2025. The company also highlighted efforts to grow in new markets such as North America and the Middle East as part of its broader geographic expansion strategy. As part of its long-term investments in innovation, Apollo Tyres reported a research and development (R&D) capital expenditure of INR 426.16...

News  Updated at: 2025/07/15

Hero MotoCorp, India updates about its entry in Germany, France, Spain, and UK markets In its annual report, Hero MotoCorp announced its plans to enter the European and UK markets in the Q2 FY 2025-26 (ending September), as part of its broader global expansion strategy. The company is preparing for a phased entry, with a product portfolio aligned to the increasing demand for both internal combustion engine (ICE) and electric vehicle (EV) models. ...

News  Updated at: 2025/07/15

he total charge, approximately SEK 4.0 billion will impact cost of sales, with most of the remainder affecting the R&D line in the company's financial statements. The net effect on group income is expected to be SEK 9.0 billion. Volvo Cars emphasized that it remains committed to its electrification strategy and continues to invest in its next-generation electric vehicle architecture and software capabilities. These will underpin upcoming high-vol...

News  Updated at: 2025/07/15

n moved to Japan nearly a decade ago. “Canton is the best candidate for these vehicles because the workforce has expertise” in body-on-frame vehicles, the person said. “The way the [assembly] lines are designed is a perfect fit.” Nissan is working on a “comprehensive body-on-frame product strategy” for the 4.7 million square-foot Canton plant, which is operating at less than half of its original capacity, according to the person. The ...

News  Updated at: 2025/07/15

Iveco Bus to unveil new zero-emission and biofuel models at Busworld Europe 2025 On July 11, Iveco Bus announced that it will participate in Busworld Europe 2025 from October 4 to 9, 2025, in Brussels. It will present six vehicles that reflect its clean mobility approach and flexible technology strategy for reducing emissions in passenger transport. World Premiere of eDaily Low Entry Minibus: a new electric minibus designed for zero-emission urb...

News  Updated at: 2025/07/14

Ola Electric to deploy rare earth-free motors and in-house ABS from Q3 FY 2026 On July 14, Ola Electric announced that it has developed heavy rare earth (HRE)-free motors, scheduled for production deployment in Q3 FY 2026 (ending December 2025). The development is part of the company’s strategy to reduce costs, enhance performance, and improve supply chain resilience through vertical integration and R&D investment. Ola Electric stated that it c...

News  Updated at: 2025/07/14

ntatively named L&F LFP. The new company will be capitalized at KRW 200 billion (JPY 20 billion) and owned 100% by L&F. L&F LFP will invest KRW 336.5 billion (JPY 37.02 billion) and is expected to secure a production capacity of up to 60,000 tons. L&F explained that the background of this move is a strategy to offer its customers a broader range of options by including mid-to-low priced LFP products in addition to high-value-added high-nickel pro...

News  Updated at: 2025/07/14

Tesla slashes tariff prices, imports Model Y from Germany to Canada As of July 11, Tesla has slashed prices on the Model Y in Canada as sales in the country have virtually gone to zero over the last few months.  As part of its counter-tariff strategy, Canada imposed a 25% “counter-measure surtax” on all passenger cars and light trucks from the U.S. since April 9. This move, on top of brand damage caused by Elon Musk, has severely curtailed T...

News  Updated at: 2025/07/12

nomy focused on recycling throughout the automobile lifecycle, as well as accelerating progress towards carbon neutrality. Radius will continue to operate from its current headquarters in Portland, Oregon, following the close of the transaction, with its management, employees, operating facilities, strategy, and brand retained. With completion of the transaction, Radius common shares will be delisted from the Nasdaq Capital Market. (Toyota Tsusho...

News  Updated at: 2025/07/12

Renault unveils new Boreal C-SUV for global markets as part of expansion strategy On July 10, Renault revealed the new Boreal, a C-segment SUV designed for markets outside Europe. It’s part of Renault’s global growth strategy, aiming to strengthen its presence in over 70 countries. The model plays a key role in Renault’s International Game Plan 2024-2027, which includes an investment of EUR 3 billion to launch 8 new models outside Europe—...

News  Updated at: 2025/07/11

physics-based lithium-ion battery models that has been developed to reduce costs and streamline battery model supply chains through a common definition of physics-based battery modelling parameters that can be used widely across industry.  The Steering Group will advise the Faraday Institution on strategy for the future evolution of the BPX standard, including review of the feature roadmap. They will also encourage the use of the BPX standard w...

News  Updated at: 2025/07/10

, respectively. The Luxeed, iCAR (established with Beijing Smartmi Technology Co., Ltd.), and Jetour sub-brands are yet to be adjusted. While undergoing a major internal business integration, Chery is seeking to go public in Hong Kong, a region to serve as a new starting point for its globalization strategy. From multiple press releases...

News  Updated at: 2025/07/10

July 3 in alliance with Hyundai Mobis, aims to improve post-sales service in northern Mexico by offering 24-hour deliveries, zero-damage handling, 100% punctuality, and Will Call service for direct pickup by dealers. The facility is KIA’s second major warehouse in the region and part of a broader strategy to establish nationwide coverage. The company also announced future expansions into Coahuila and Tamaulipas by early 2026. (Clúster Industri...

News  Updated at: 2025/07/10

y Council aimed to add hundreds of new charging stations at public facilities throughout the city in the next five years, approximately 4,000 charge points in total, with 2,500 public and 1,500 municipal chargers.  Starting with the San Diego deployment, EVerged has charted an aggressive expansion strategy in partnership with AMPECO that includes scaling to 2,500 charging points within 12 months, targeting 5,000+ charging points within two years...

News  Updated at: 2025/07/10

Shenyang (China), San Luis Potosi (Mexico), and Woodruff (USA). In the Neue Klasse, the battery is a key structural part of the car. New round battery cells are built directly into the battery pack. The Gen6 battery uses advanced production methods and new technologies. These include a zero-defect strategy, digital production simulations for training, and AI to improve logistics. Every production step is closely monitored and recorded to ensure ...

News  Updated at: 2025/07/09

Daimler Truck announces cost cutting and growth strategy ‘Stronger 2030’ On July 8, Daimler Truck announced its updated Group strategy called “Stronger 2030” at the Capital Market Day 2025. The strategy is built on the following five key pillars to increase profitability and resilience: The Group is focusing on economies of scale, shown by the planned merger of Mitsubishi Fuso and Hino. In 2024, Daimler Truck earned over EUR 8 billion fr...

News  Updated at: 2025/07/09

The joint solution will combine HERE’s live mapping, real-time traffic data, and road hazard alerts with Genesys International’s Advanced Driver Assistance Systems (ADAS) features. The goal is to deliver a feature-rich navigation experience designed for Indian roads. As part of their long-term strategy, the companies also plan to set up a mobility innovation centre in India. This facility will serve as a hub for co-developing and testing sol...

News  Updated at: 2025/07/09

a strategic alliance to offer preferential automotive financing for consumers and distributors, aiming to facilitate access to electric and plug-in hybrid vehicles in the country. The agreement, which builds on a previously signed memorandum of understanding, is part of BYD’s commercial expansion strategy and includes financial products such as balloon-type loans, flexible leasing plans, and 100% digital financing. BYD México CEO Jorge Vallejo...

News  Updated at: 2025/07/09

ASK Automotive, India enhances R&D for EV and ICE safety-critical aluminium components In its FY 2024–25 annual report, ASK Automotive announced key developments in its R&D strategy focused on lightweighting, thermal management, and safety-critical components for electric vehicles (EVs), internal combustion engine (ICE) vehicles, all-terrain vehicles (ATVs), power tools, and outdoor equipment. The company is leveraging its in-house Tool Room an...

News  Updated at: 2025/07/08