Ford to integrate AMP’s battery management software into its EVs to improve battery management

Partnerships
Samsung SDI to expand partnership with Volvo for EV batteries
The five-year partnership between Samsung SDI and Volvo Trucks in providing EV batteries for electric buses and trucks has come to an end. The goal of this continued partnership will be to supply reliable and secure battery solutions for a wider variety of applications across the Volvo Group. Read More>>
Tata Motors and Standard Chartered collaborate to drive electric vehicle market expansion
Standard Chartered and Tata Motors work together to expand the electric vehicle market in India. The collaboration intends to increase Tata Motors’ market share in the EV industry and improve financing choices for consumers. This partnership advances India’s objectives for sustainable mobility. Read More>>

Centre Setup and Expansion
Toyota electric vehicle factory in Ontario may be relocated to the United States
The Canadian government’s suggestion that it will stop providing subsidies may force the proposed Toyota electric vehicle facility in Ontario to relocate to the United States. Toyota wanted to build the facility close to its plant in Cambridge. The possible move highlights the difficulties facing Canadian EV producers. Read More>>
Chinese carmaker SAIC Motor opens the first EV battery plant in Thailand
The first electric vehicle battery plant was opened by Chinese automaker SAIC Motor in Thailand. The plant is situated in the Eastern Economic Corridor Special Zone in Chonburi province, specifically in New Energy Industrial Park. By 2030, Thailand wants to create enough EVs to make up 30% of all automobiles in the nation. Read More>>
VinFast is scouting for sites for an EV facility in India
VinFast, a Vietnamese producer of electric vehicles, is searching India for potential sites for a production plant. The business intends to assess plots in Gujarat after seeing locations in Tamil Nadu, such as Tuticorin and the Manalur region. Read More>>

Executive Movement
Fisker names David King as Chief Technology Officer
After serving as Senior Vice President, in charge of global Body Engineering, launching the Fisker Ocean body program in Graz, and spearheading initiatives for the special vehicle business, David King was elevated to Chief Technology Officer of Fisker. Read More>>

Merger and Acquisition
Ford to improve charging experience with the acquisition of Auto Motive Power
To improve its battery management and electric vehicle charging infrastructure, Ford has purchased energy solutions company Auto Motive Power. The personnel and AMP technology will be incorporated into Ford’s operations. Read More>>

New Product Development and Product Launch
Hyundai to develop its own cheaper batteries for EVs
Hyundai intends to create its own low-cost lithium iron phosphate EV batteries. The is to provide more affordable electric automobiles and lessen reliance on Chinese battery makers. Hyundai has made recent investments in the development of batteries and is collaborating on battery technology with many partners. Read More>>
Toyota develops simulated manual transmission for electric vehicles
Toyota presents a test-drive electric car with a manual gearbox simulation that offers a nostalgic drive similar to classic manual autos. The system’s long-term adoption may be impacted by turning it on and off as needed. Read More>>

• Hyundai Mobis software solutions to enhance advanced parking control system, incorporating real-time data processing and predictive analytics for optimized parking experiences and enhanced safety. 
• Hyundai Mobis advances electric mobility, harnessing expertise in EV components, and systems, and exploring battery system development opportunities. 
• Hyundai Mobis’ vision of becoming an integrated mobility platform provider, emphasizing electrification, autonomy, and connectivity. Support the development of autonomous driving technologies and mobility solutions to address global challenges and enhance quality of life. 
• Hyundai Mobis leverages its software capabilities to transform mobility experiences, with a strategic emphasis on customer-centric software solutions, emphasizing electrification, autonomy, and connectivity.  

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