The automotive industry refers to the sector of the economy that encompasses the design, development, manufacturing, marketing, and sale of motor vehicles. This industry includes a wide range of companies and organizations involved in the production of automobiles, including original equipment manufacturers (OEMs), parts suppliers, and service providers. The automotive industry is integral to the global economy and involves various activities such as research and development, engineering, production, and distribution of vehicles such as cars, trucks, and motorcycles. It also includes the production of automotive components like engines, transmissions, and electronics. The industry is characterized by its high levels of competition, technological innovation, and significant capital investment. Additionally, it faces ongoing challenges related to environmental regulations, sustainability, and the transition to electric and autonomous vehicles. Overall, the automotive industry plays a crucial role in transportation, mobility, and economic development worldwide.
China's leading electric vehicle (EV) manufacturer, BYD, has announced a delay in its plans to construct an EV factory in northern Vietnam. The information was disclosed during a recent shareholders'…
Solid-state batteries are at the forefront of battery technology, offering significant improvements in energy density, charging times, safety, and lifespan compared to traditional lithium-based batteries. Chinese automakers are taking the…
Hyundai Motor Group, one of the world's largest car manufacturers, is edging closer to testing electric vehicles (EVs) equipped with solid-state batteries in partnership with Factorial Energy, a US-based solid-state…
Mullen Automotive (NASDAQ:MULN) has recently made waves in the electric vehicle (EV) industry with the announcement of its integrated solid-state polymer battery pack. Despite the challenging environment for EVs, MULN…
Mullen Automotive has made groundbreaking advancements in solid-state battery technology, ushering in a new era for electric vehicles (EVs). By transitioning from lithium ferrophosphate (LFP) to solid-state polymer (SSP) batteries,…