In ramping up regional output to meet booming demand for EVs, Panasonic also aims to increase localized sourcing of battery materials, targeting a 50 percent local procure rate.

Advances in electric vehicles, EV batteries and recharging, automated driving and more have made it to the finalist phase of the 2022 Automotive News PACE Awards.

Envision AESC was one of the industry's first EV battery producers. Now it's committing $2 billion to boost its U.S. market presence.

Valeo is developing a third generation of its lidar for debut in 2024 that promises a twelvefold increase in resolution, a tripling of range and a much wider viewing angle.

Toyota Group megasupplier Aisin is grappling with how and when to shift to a new lineup of electrified products. Profits made from today's internal-combustion vehicles will lead to investment in EV products.

Marelli's worries could mean supply problems for Nissan and Stellantis, and also reveal the bumpy road that sometimes awaits private equity firms in automotive.

Huge investments are going into U.S. EV battery production capacity. But that will require upstream parts and materials that are not common to the North American industry.

Two years of disruptions caused by the pandemic, the microchip shortage and a wide range of supply chain challenges are prompting automakers and suppliers to pursue a better sense of where their parts are.

Toyota Group steering supplier JTEKT is developing new technologies to thrive in the rapidly approaching EV age.