As nations intensify efforts to combat climate change, the global spotlight is increasingly focused on hydrogen as a clean energy carrier — and Proton Exchange Membrane…
China is accelerating its emergence as a global technological powerhouse, largely driven by an ambitious surge in research and development (R&D) capacity. At the heart…
With global EV demand slowing and Germany’s economy weakening, Hungary’s automotive sector is under growing pressure. Recent tariffs on European-made vehicles by the U.S. have…
General Motors (GM.N) withdrew its 2025 financial forecast on Tuesday, pointing to the unpredictable impact of President Donald Trump’s global trade war, despite reporting strong…
ZF Hungary, a subsidiary of the German automotive supplier ZF, has announced plans to cut 110 jobs at its Hungarian facility. The decision comes in…
Swedish EV battery maker Northvolt has agreed to sell its stake in Novo Energy, its joint venture with Volvo Cars, as part of a broader effort to streamline operations…
BMW is ushering in a new era of electrification with its Neue Klasse platform, starting with the pre-production of an electric SUV that will replace…
The financial collapse of Northvolt has delivered a significant setback to Europe’s efforts to establish a competitive electric vehicle (EV) battery industry. This has sparked…