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Tesla’s Decision to Remove Rare Earths from Its EVs Causes Chinese Stocks to Tumble

Pandaily -
Global electric vehicle giant Tesla said on the 2023 Investor Day that it is creating a permanent magnet electric vehicle motor with zero rare...

BYD to take on Mercedes-Benz G-Class with 1st model of F brand, report says

CnEVPost -
The first product of the F brand will be launched within the year and will focus on the off-road segment, according to local media. Rumors...

Connected Car Global Market to Reach $149.5 Billion by 2027 at a 13.28% CAGR

PR Newswire -
The Global Connected Car Market registered around USD 67.39 billion in 2021 and is estimated to reach USD 149.49 billion by 2027, registering a...

Mercedes-Benz Partners with Cisco to provide mobile office experience in its new E Class

PR Newswire -
At Mobile World Congress Cisco announced it is working with Mercedes-Benz to provide an optimal mobile office experience in its new Mercedes-Benz E Class...

indie Semiconductor Acquires Silicon Radar GmbH

Business Wire -
indie Semiconductor, an Autotech solutions provider, has announced it has acquired Silicon Radar GmbH, a German-based specialist in advanced, highly integrated, high-frequency system-on-chips (SoCs)...

Mercedes-Benz and Google Join Forces to Create Next-Generation Navigation Experience

PR Newswire -
Mercedes-Benz and Google announced a long-term strategic partnership to further accelerate auto innovation and create the industry's next-generation digital luxury car experience. With this...

NIO’s ALPS sub-brand will have its own sales channel and half as many models as NIO brand, report says

CnEVPost -
According to NIO's internal expectations, ALPS will have half the number of models than the main brand NIO, but will aim to achieve 50,000...

Huawei Executive Defends Automobile Business Strategy

Pandaily -
Recent rumors about Huawei’s expansion into the smart car industry, including alleged severed partnerships and plans for factory construction, have once again cast the...

LG, Ford, and Koç sign MOU to build one of the largest EV battery cell production facilities in the European region

PR Newswire -
Project on track to break ground near Ankara, Turkey, later this year, with production to start in 2026, supporting Ford's target of producing 2...

Semiconductors for Automated Driving Will Grow at a 10-Year CAGR of 29%

IDTechEx -
IDTechEx's research finds that semiconductors for ADAS (advanced driver assistance systems) and autonomy will grow at a 10-year CAGR of 29%. As such, autonomy...
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