Browsing: Industry
The Industry category on EVMagz provides comprehensive coverage of the businesses, manufacturing networks, and industrial developments powering the global electric vehicle ecosystem. This section focuses on the broader operational and structural forces shaping the EV market beyond individual vehicle launches.
Readers can explore reporting on factory expansions, production strategies, supply chain developments, manufacturing partnerships, raw material sourcing, battery production, supplier relationships, industrial investments, and strategic shifts across the electric mobility sector. The category also examines how market dynamics and industrial policy influence the competitiveness of automakers and suppliers worldwide.
Whether you are an investor, analyst, industry professional, or EV enthusiast, the Industry category delivers in-depth insights into the infrastructure and business forces driving the future of electric transportation.
General Motors is laying off close to 1,000 employees worldwide, primarily in the United States, as the automaker continues efforts…
Renesas Electronics, in collaboration with Nidec, has unveiled an ‘8-in-1’ proof of concept (PoC) for electric axle (E-Axle) systems, designed…
China has reached a significant milestone in its electric vehicle sector, with its year-to-date new energy vehicle (NEV) production surpassing…
Stellantis and its Chinese partner Leapmotor have halted plans to produce a second electric vehicle model at Stellantis’ Tychy plant…
German automotive supplier Schaeffler has announced plans to reduce its European workforce by 4,700 jobs, with 2,800 positions impacted in…
Michelin announced plans on Tuesday to shut down two of its factories in western France, impacting approximately 1,250 workers, amid…
A study commissioned by Germany’s auto industry association VDA reveals that the country’s automotive sector could lose up to 186,000…
Finnish battery chemical producer Terrafame announced on Tuesday that it has begun negotiations with employees to reduce costs, which may…
Italy’s government, led by Prime Minister Giorgia Meloni, is proposing a reduction of approximately €4.6 billion ($5 billion) in funds…
Valeo Cuts Annual Sales Guidance Amid Weakening Chinese Economy and EV Transition Concerns
By Todd Gilbert
French automotive supplier Valeo has revised its annual sales forecast downward for the second time this year, citing the adverse…
U.S. Energy Secretary Jennifer Granholm announced on Tuesday that the Department of Energy (DOE) is working swiftly to finalize $1.7…
Stellantis, the global automotive group, is preparing to cut the production of combustion engine vehicles as early as November in…