U.S. President Donald Trump announced Friday that he will increase tariffs on cars and trucks from the European Union to…
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EV founders declare PLI Auto requireds an overhaul, leaves startup at a disadvantage
Electric vehicle manufacturers are pushing back against the current design of the production-linked incentive (PLI) scheme for automobiles, arguing that…
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Auto China 2026: How China’s auto giants are rewriting Europe’s car market
By Mereuyert Zhakiyanova Published on 27/04/2026 – 10:43 GMT+2•Updated 10:47 Navigating the overcrowded halls of Auto China 2026 in Beijing requires…
Read More![An automotive Wi-Fi 7 Communication Module, an in-car connectivity device, manufactured by LG Innotek [LG INNOTEK]](https://foundernews.eu/storage/2026/04/9b338098-0f13-4804-8ad9-c912b673616d.jpg)
LG Innotek inks $68M deal to supply Wi-Fi module to European auto parts firm
An automotive Wi-Fi 7 Communication Module, an in-car connectivity device, manufactured by LG Innotek LG Innotek secured an approximately $68…
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Rs 100 crore net worth, yet no luxury cars: Mumbai founder travels by auto, stays in budobtain hotels. Internet can’t believe it
A Mumbai-based entrepreneur has sparked widespread discussion online after it was revealed that a founder with a net worth of…
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Why its sensor tech edge matter more now for auto investors?
Melexis NV stands out with specialized sensors powering EVs and ADAS, positioning it for long-term growth in a chip sector…
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Oshawa aiming to expand its auto industest into defence amid General Motors layoffs
Oshawa’s General Motors plant was once one of the largest in the world and one of the city’s largest employers.…
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UK Auto Indusattempt Demands Clarity on EU Industrial Accelerator Act
The Society of Motor Manufacturers and Traders (SMMT) requested immediate regulatory certainty on Thursday, April 16, 2026, regarding whether British-created…
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Bezos-backed EV truck startup Slate auto raises $650 million
Slate Auto, the electric vehicle startup backed by Jeff Bezos, has raised $650 million to fund its effort to bring…
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Slate Auto raises enough funding to reach next stage of production
This morning, Slate Auto announced it has closed a Series C funding round after raising enough capital to continue development…
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