Auto Industry News

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U.S. Vice President Kamala Harris told South Korea's prime minister that Washington will work to address Seoul's concerns over recently enacted electric vehicle (EV) subsidies that could disadvantage Asian automakers.

The study said that India’s Li-Ion battery demand was current at 3 GWh with 70% of requirement met via imports from China.

Germany's federal motor transport authority KBA has found "abnormalities" during its investigation focused on Tesla's autopilot function, reported WirtschaftsWoche business weekly, citing a KBA spokesperson.

Silicon Valley startup SiFive Inc launched three new products aimed at the automotive market, which is emerging as one of the hottest areas for chip makers with electric and self-driving cars expected to boost the number of chips needed.

The United States will hold talks with Taiwan next month to discuss new U.S. legislation designed to boost the American semiconductor industry, the top U.S. diplomat in Taipei said.

San Francisco startup TeraWatt Infrastructure has raised more than $1 billion from investors to expand a network of charging centers focused on electric vehicle fleet customers, the company said.

South Korean President Yoon Suk-yeol asked U.S. President Joe Biden to help address Seoul's concerns that new U.S. rules on electric vehicle subsidies will hurt the country's automakers, Yoon's office said.