Clarios, the former Johnson Controls battery unit, files for stock offering
Listing plans for Clarios come two years after Brookfield won an auction to buy the business from Johnson Controls International for $13 billion.
Hyundai to invest $100 million in battery startup SolidEnergy, report says
SolidEnergy Systems spun off from the Massachusetts Institute of Technology in 2012. Shareholders include General Motors.
Jaguar Land Rover warns of 50% sales slump from chip crisis
Semiconductor shortages are forcing automakers to reduce production and have led companies to overhaul the way they get the electronic components that have become critical to contemporary vehicle design.
GM expands China design studio to focus on EVs, smart cars
The move comes as GM prepares to cut out internal combustion engine vehicles from its fleet by 2035 and underscores its efforts to gain a bigger foothold in China.
VW launches over-the-air software updates for electric ID family
Starting this month, VW ID3 owners who are part of the “First Movers Club” of early adopters will receive the latest software version, with further updates planned every three months.