In 2020, the rapid growth of EV sales, especially Battery EVs (BEVs), and market share prompted European automakers to develop chassis dedicated to BEVs.
South America's largest economy sees growing automotive investment. China-based BYD recently started building an industrial complex for EVs in Brazil, aiming to produce 15,000 vehicles...
Samsung Electronics chairman Lee Jae-yong recently visited Malaysia to check the group's local battery production. He emphasized that it is critical to keep investing in the battery...
International carmakers have been exploring ways to secure their market share in China, where EVs see robust growth. Jessie Lin, senior analyst with DIGITIMES Research, said the strategic...
Several carmakers have decided to bear the cost of EV incentives after the German government terminated the program. Tesla, Volkswagen, Stellantis, Mercedes-Benz, and Audi all said...
Supply chain experts note a deceleration in major carmakers' investments in electric vehicle (EV) self-production projects. This shift is attributed not only to considerations of...
European automaker Stellantis and Chinese battery giant CATL announced that they have signed a non-binding MoU for the LFP battery supply in Europe. The pair is also considering building...
General Motors and Stellantis have become the latest investors of Niron Magnetics, a US-based startup focused on developing rare-earth-free magnets, an essential material for EV motors...
Stellantis NV reported better-than-expected revenue in the third quarter, bolstered by stable pricing, an improving supply chain and robust demand for models such as the electric...
Europe-based Stellantis announced on October 26 that it will invest EUR1.5 billion (US$1.57 billion) in Chinese EV maker Leapmotor. The two companies will also form a joint venture...
The strike initiated by the United Auto Workers (UAW) at General Motors, Ford and Stellantis plants has lasted for two weeks. Automotive suppliers said that the Big Three's orders,...
Stellantis NV is considering a tie-up with a Chinese electric vehicle company as Europe's second-largest automaker by sales seeks to bolster its presence in the world's biggest auto...
Stellantis and its battery partner Samsung SDI will build a second plant in the US to support the carmaker's EV ramp-up. The facility is expected to begin production in 2027. In addition,...
Carmaker Stellantis announced a multifaceted strategy on July 18 to mitigate the risk of chip shortages. The company has secured EUR10 billion (US$11.2 billion) of semiconductor purchases...
