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Commentary: Inflation to soar if US doesn't reindustrialize its economy, considering deglobalization trend; efforts already underway with government aid to build new infrastructure and produce key goods like semiconductors, EVs and solar panels

BMW Brilliance Automotive JV in China reaches production milestone with 6 millionth car, the fully electric BMW i5; company prepares for launch of Neue Klasse models, with production starting in 2026

Ford's Almussafes, Spain, plant to start production of a new, unnamed hybrid model in mid-2027 with an annual target of 300,000 units

Hyundai Mobis to build a US$65.8M electric vehicle module plant in Ulsan, South Korea, aiming to complete construction by the second half of 2025; the factory to supply parts for Hyundai's Genesis EV models

Tesla CEO Elon Musk announces plan to spend over US$500.0M on expanding Supercharger network, following layoff of most of Supercharger division; Tesla currently operates 74% of all high-speed chargers in North America

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