Automotive suppliers are shifting their business focus to adapt to the changing market. Magna International announced on Monday that it has secured new businesses from General Motors...
General Motors (GM) and GlobalFoundries (GF) have jointly announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM's chip supply. Through...
General Motors saw its 2022 wholesale volume grow about 25% from last year, bringing the automaker a record EBIT-adjusted US$14.5 billion. It plans to invest US$650 million in the...
IBM has appointed Nelson Lee as its new general manager of the Taiwan office after the retirement of his predecessor Lisa Kao, according to the company's announcement.
China-based Ecarx, an auto tech startup backed by Geely Auto, and Smart Automobile unveiled recently their jointly-developed high-performance immersive digital cockpit computing platform...
Micron Technology has announced the Micron 9400 NVMe SSD is in volume production and immediately available from channel partners and to global OEM customers. The drive is designed...
General Motors retook the title of the top US car seller. According to sales numbers released on January 4, the automaker reported US sales of over 2.27 million cars in 2022, holding...
General Motors and LG Energy Solution's battery joint venture got a US$2.5 billion loan from the US government. The loan will support Ultium Cells' three battery projects in Ohio,...
The EV battery production ramp-up in North America continues: General Motors and LG Energy Solution announced that they will raise cell production by 40% at a joint plant in Tennessee,...
General Motors will proceed in China's automotive market with its latest plan. On November 22, the carmaker said it aims to launch over 15 models based on its Ultium platform by 2025...
General Motors (GM) is on track to gather momentum for its EV business. The automaker said on Thursday its EBIT-adjusted margins on EVs will reach at least a low- to mid-single digit...
Despite US-China tensions remaining intense, Chinese lithium battery cell makers are still eager to set up manufacturing operations in the US, eyeing huge business opportunities brought...
Taiwan-based international AI company iKala has appointed Ryuji Tsuchiya as its Japan branch's GM. The listings on its influencer data platform KOL Radar will massively expand to...
Ford Motor Co., General Motors Co., and Stellantis NV are in talks with South Korea's Posco Chemical Co. about potentially investing in plants producing electric-vehicle battery materials...
General Motors saw record revenue and double-digit EBIT-adjusted margins in the third quarter, thanks mainly to production increase and robust pricing. However, the carmaker has dialed...
