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.
Ebusco to Lay Off 102 Employees as Part of Strategic Restructuring Amid Financial Struggles
By David Smith
Dutch electric bus manufacturer Ebusco announced the layoff of 102 employees, representing 16.5% of its workforce, as part of a…
German engineering firm Manz AG, known for manufacturing equipment for battery production, has announced plans to file for insolvency proceedings…
Stellantis Announces €2 Billion Investment in Italian Factories, New Electric and Hybrid Models
By Robin Cannon
Stellantis (STLA.MI) revealed plans to invest €2 billion in its Italian factories by 2025, aiming to expand its portfolio of…
Nvidia is encountering significant headwinds in its automotive ambitions as delays in the production of its next-generation Thor chip prompt…
Indonesia will offer tax incentives to electric vehicle (EV) manufacturers, including China’s BYD and GAC Aion, as well as French…
Germany’s Federal Ministry of Economics announced it will provide up to €5 billion in subsidies over several years to support…
General Motors (GM) CEO Mary Barra stated this week that the automaker and former U.S. President Donald Trump are “goal-aligned”…
U.S. Automakers Urge President-Elect Trump to Retain EV Tax Credits, Adjust Emissions Rules
By David Smith
A coalition of major automakers, including General Motors, Toyota, and Volkswagen, has called on President-elect Donald Trump to preserve federal…
LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International, is planning workforce reductions to address a slowdown…
Dutch electric bus manufacturer Ebusco has secured a €5 million investment from Chinese battery maker Gotion as part of a…
Wolfspeed announced on Monday that it had removed Gregg Lowe as its CEO without cause, following a series of challenges,…
Stellantis, one of the top three automakers in the United States, is poised to adjust its strategy to align with…
General Motors (GM) announced Friday it would lay off nearly 1,000 salaried workers globally, sparking speculation about a shift in…
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…