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SAMSUNG STELLANTIS INVESTMENT
Trump’s 25% tariff hands the car industry keys to ChinaThe tariffs will harm the US auto industry's efforts to develop electric vehicles, benefiting China's dominance in the market. The new trad...31 Mar, 2025, 09.53 AM IST- Trump's promised tariffs likely to hit global companies from Audi and BMW to Foxconn and LGPresident Trump intends to impose 25% tariffs on Canada and Mexico, impacting several Asian automakers and battery firms. This move affects...21 Jan, 2025, 11.19 AM IST
- Donald Trump's transition team aims to kill Joe Biden EV tax creditPresident-elect Donald Trump's team is formulating plans to eliminate the $7,500 tax incentive for electric vehicle buyers. This move is pa...15 Nov, 2024, 12.08 PM IST
- Solid state: EV giants chase 'holy grail' of batteriesToyota, the world's biggest automaker, said in June it had achieved a breakthrough in solid-state technology that addressed durability prob...16 Jan, 2024, 11.44 AM IST
- Samsung SDI to supply EV batteries to Hyundai Motor starting 2026"The latest supply deal marks the first ever partnership between Samsung and Hyundai Motor Group in the field of electric vehicle batteries...23 Oct, 2023, 08.06 AM IST
- Samsung, Stellantis choose Indiana in US for second joint EV battery plantWith their second joint battery factory, the two companies would have a combined annual production capacity of 67 gigawatt hours (GWh) at t...11 Oct, 2023, 04.10 PM IST
- Samsung SDI to invest $2 billion for second battery plant in US with StellantisSamsung said in a regulatory filing that it plans to execute the investment starting next April to November 2027.27 Sep, 2023, 12.43 PM IST
- War, AI and climate change shake up $32 trillion in global tradeA transformation in world trade today is being led various unrelated factors including Artificial Intelligence, the Ukraine-Russia war, and...01 Aug, 2023, 09.35 AM IST
- Stellantis, Samsung to build second battery plant in USThe location of the facility has yet to be announced but Stellantis and South Korea's Samsung SDI said it would start production in 2027, w...24 Jul, 2023, 01.24 PM IST
- Volkswagen to invest in mines in bid to become global battery supplierEurope's biggest carmaker wants its battery unit PowerCo to become a global battery supplier, not just produce for Volkswagen's own needs, ...17 Mar, 2023, 01.22 PM IST
- Samsung to invest $356 billion over five years in strategic sectorsSouth Korea's top conglomerate said on Tuesday the investments through 2026 are expected to help Samsung drive long-term growth in strategi...24 May, 2022, 12.38 PM IST
- Biden highlights Hyundai announcement of $10B US investmentThe major U.S. investment by a South Korean company is a reflection of how the U.S. and South Korea are leveraging their longstanding milit...22 May, 2022, 08.38 AM IST
- Russian auto boomtown grinds to halt over Ukraine sanctionsThe Kaluga region, 190 kilometres (120 miles) southwest of Moscow, says it has attracted more than 1.3 trillion roubles ($15 billion) in in...05 Apr, 2022, 04.01 PM IST
- The coming electric vehicle disruption that nobody is talking aboutElectric vehicles contain a fraction of the parts of their gasoline-powered counterparts and require less servicing and no fossil fuels or ...24 Oct, 2021, 07.23 PM IST
- How will solid-state batteries make electric vehicles better?They are likely to be safer and more stable than liquid li-ion batteries in which the electrolyte is volatile and flammable at high tempera...07 Sep, 2021, 04.27 PM IST
- Samsung's battery arm mulls US investment to meet EV demandThe battery making arm of Samsung Electronics has been reviewing various options to build a new battery factory in the U.S. to supply poten...09 Jul, 2021, 11.28 AM IST
- Starving for more chips in a tech-hungry worldThe shortage has already been rippling through various markets since last summer.03 Apr, 2021, 10.30 AM IST
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