ABB has entered into a strategic partnership with Engineering Software Steyr GmbH (ESS) to develop advanced simulation tools.
Stellantis and CATL have agreed to invest up to €4.1bn ($4.3bn) to build a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain.
Volvo Cars has signed two sustainability-linked revolving credit facilities of €2bn ($2.1bn) to support its corporate and environmental goals.
Thailand, formerly known as "the Detroit of Asia," is losing its competitive edge as a major auto production hub and exporter, reports GlobalData.
Bosch is set to expand its operations in Hungary with an investment aimed at producing electric steering gear.
Continental AG has announced plans to spin off its Automotive group sector by the end of 2025, subject to necessary approvals.
Caterham has announced that it will integrate immersion-cooled battery packs in its upcoming EV sports coupe, Project V.
Sales of imported light passenger vehicles in South Korea fell by 4% to 23,784 units in November 2024 compared with 24,740 units a year earlier.
Although a large number of new vehicles boast some form of impressive on-board AI technology it does not come without its challenges during production.
FAW Jiefang Automobile Company Ltd, the commercial vehicle unit of the Chinese state-owned automaker FAW Group, has begun operations at its newly-built heavy truck engine plant in the city of Dalian, ...
South Korea’s three main EV battery manufacturers saw their global market shares decline in the first ten months of 2024.
Samvardhana Motherson International (SAMIL) has agreed to acquire a 95% stake in Japanese auto components manufacturer Atsumitec for $57m.