Stellantis and Leapmotor form JV for setting up EV assembly hub in Malaysia
Stellantis and Chinese electric vehicle manufacturer Leapmotor have solidified their strategic partnership with the establishment of a joint venture, Leapmotor International.
CATL’s Naxtra: 2nd generation of sodium-ion batteries for electric vehicles
Contemporary Amperex Technology Co., Limited (CATL) has introduced its second generation of sodium-ion batteries, under the brand name Naxtra. The first-generation of sodium-ion battery was unveiled in 2021.
Autonomous vehicle security market to reach USD 4.8 billion by 2032
According to DataIntelo, the global autonomous vehicle security market size was valued at approximately USD 1.5 billion in 2023 and is projected to expand at a CAGR of 15.8% from 2024 to 2032, reaching an estimated USD 4.8 billion by 2032.
China prohibits misleading ads promising ‘Smart Driving’ and ‘Autonomous Driving’
In a broad regulatory attempt to strengthen monitoring of advanced driver assistance systems (ADAS), assisted driving and over-the-air (OTA) upgrades, China is prohibiting the use of phrases like “smart driving” and “autonomous driving” in automobile ads.