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SKF and Wolong cooperate to further develop magnetic bearing technology

SKF and Wolong Group, the Chinese global manufacturer of motor and drive solutions, have signed a memorandum of understanding to explore the possibilities of...

China May Become the World’s Largest Exporter of Automobiles

China’s automobile exports have reached a new milestone, surpassing Japan in terms of quarterly export volume and ranking first in the world. According to the...

Automakers Face Consumer Skepticism Toward Vehicle Feature Subscriptions

According to consumer research from Cox Automotive, automakers may face challenges if they expect to generate significant revenue from subscription-type features, also known as...

The M&A battle for SiC: Who’s the Top Acquirers?

The compound semiconductor market has been flourishing in recent years thanks to the strong demand from markets such as electric vehicles and renewable energy....

Gotion becomes VW’s designated battery supplier for markets outside of China

The purchase order involves LFP Unified Cell products with the same design style and specifications as those for the Chinese market for Volkswagen's full...

BYD Surpasses LG to Become World’s Second-Largest EV Battery Supplier

A report released by leading South Korean consulting firm SNE Research on May 3 showed that Chinese company BYD has surpassed South Korean firm...

Chinese auto giants Geely and Changan sign strategic cooperation deal

In the first quarter, Changan and Geely ranked third and fourth, respectively, in China in terms of retail vehicle sales. It's interesting to see two...

Li-Cycle and Glencore Announce Plans for a Battery Recycling Hub in Europe

Li-Cycle Holdings Corp. and Glencore International AG, a wholly-owned subsidiary of Glencore plc, a producer, recycler, and marketer of nickel and cobalt for the...

China’s Electric Vehicle and Lithium Battery Exports See Impressive Performance

The General Administration of Customs of China reported that the export of electric vehicles, lithium batteries, and solar cells reached 264.69 billion yuan ($38...

SK On signs deal with Westwater Resources to develop anode materials

SK On, a leading electric vehicle (EV) battery manufacturer, announced today it has signed a joint development agreement (JDA) with U.S. graphite company Westwater...

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