Panasonic Group reported a record-high net income for the fiscal year ending in March 2024. Its battery business received significant tax credits from the US Inflation Reduction Act...
Magna International's Austrian plant is experiencing a double hit resulting from the sluggish EV demand. An EV startup customer has filed for bankruptcy, and orders from legacy automakers...
Apple has reportedly terminated its car project, internally dubbed "Project Titan." However, unspecified sources in its Asian supply chain say they have not received any official...
As the demand for electric vehicles surges, LG Chem, a subsidiary of the South Korean-based tech giant, is set to construct a new cathode material plant in the United States to mark...
Automotive electronics will be a main growth driver for NXP Semiconductors, driven by the increase in semiconductor content in cars, according to Ron Martino, company EVP of global...
About 30% of existing carmakers will face elimination from the market in 2030 due to a failure to transform their business, according to Calvin Lee, managing director of Sime Darby...