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EV manufacturers must overcome a unique set of challenges to meet future customer expectations. Among them is the challenge to create innovative designs that meet safety requirements, performance criteria and keep costs down in the face of growing competition and a widening skills gap.

Karma Automotive, a luxury electric automaker, provides a case study of how cloud computing can reshape EVs.

The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.

Nexteer Automotive said it is creating a single strategic software team.

Kugler Maag Cie describes why cybersecurity is important for automotive factories and vehicles.

With vaccinations on the rise, the in-person collaboration that is still essential to doing business, including trade shows, is growing. But challenges to recovery from the pandemic remain. Global supply chains are struggling with multiple disruptions. Shipping rates are historically high. Computer chip shortages are curbing output.

Hitachi Astemo was created from the merger of Hitachi Automotive Systems with three former Honda affiliates.

Power management company Eaton today announced its Vehicle Group is developing gearing solutions for electrified vehicles (EVs).

Automakers during this decade face a big challenge. They are having to invest in electric vehicles. But EVs, at least for now, won’t generate the profits of conventional vehicles, according to an annual report by consulting firm AlixPartners.

General Motors Co. said today its fourth-quarter profit rebounded from a year-earlier loss, fueled by results in its home North American market.