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Business

Midea to Invest $1B in NEV System Solutions

Pandaily - March 18, 2022

Leading Chinese electrical appliance manufacturer Midea Group released a record of investor relations activities on Thursday. The document shows that five products within its...

China’s new car-making forces leave foreign luxury brands in rearview mirror

CnEVPost - March 16, 2022

In the fuel car era, it was considered mission impossible for Chinese brands to overtake foreign brands. However, with the advent of the electric...

Mercedes-Benz to open New Battery Plant and lead in digitized production system in the U.S.

Business Wire - March 15, 2022

Mercedes-Benz (ticker symbol: MBG) opens a new battery plant in Bibb County, Alabama, a few months ahead of the start of production of all-electric...

Northvolt to Build €4 Billion Battery Gigafactory in Northern Germany

PR Newswire - March 15, 2022

Swedish green battery maker Northvolt has selected the northern German city of Heide in the regional state of Schleswig-Holstein for a new 60 gigawatt...

Automotive Axle Market to Surpass US$ 39.02 Billion by 2028

PR Newswire - March 14, 2022

As per the report published by The Brainy Insights, the global Automotive Axle market is anticipated to grow from USD 25.24 billion in 2020...

Electric Vehicle (EV) Battery Market Forecasts & Trends Analysis

PR Newswire - March 11, 2022

According to a new market research report titled EV Battery Market published by Meticulous Research®, the Electric Vehicle (EV) Battery market is expected to grow...

More American Car Shoppers Consider Going Green as Gas Prices Climb to Record Highs

PR Newswire - March 10, 2022

More Americans are researching green vehicles as gas prices climb to record levels, according to the experts at Edmunds, an online car shopping resource...

Foxconn and Luxshare Angle for Apple Car Manufacturing Contracts

Pandaily - March 5, 2022

DigiTimes reported on Thursday, citing industry sources, that Apple suppliers Foxconn and Luxshare Precision are among possible candidates to produce the much rumored Apple...

Sony and Honda to form Strategic Alliance to develop EVs

Editorial Staff - March 4, 2022

Sony and Honda today announced that they have agreed to deepen discussion and exploration of forming a strategic alliance aiming to create new mobility...

LG reached a 5G telematics supply deal with a premium European automaker

PR Newswire - February 26, 2022

LG Electronics yesterday said its Electronics Vehicle Component Solutions Subsidiary recently made a 5G telematics solutions deal with an unnamed premium European automaker. According to...