AGP Executive Report
Last update: 11 hours agoSemiconductors for EVs: Infineon opened its “Smart Power Fab” in Dresden, billed as the world’s largest power-semiconductor plant, targeting automotive power management and other energy uses. EV market pressure in China: China’s auto sales fell 20% in H1 as fuel-car demand stayed weak; NEV growth is uneven, with budget models under pressure. EU-Morocco industrial fight: ACEA backed the “Made in Europe” Industrial Accelerator Act but wants grandfathering so Morocco’s EV supply-chain role isn’t penalized. Morocco’s EV climb: UNCTAD highlighted Morocco’s long-running strategy as it deepens battery and EV value-chain investment. Xiaomi enters SUVs: Xiaomi unveiled its Sky Nomad EREV SUV series, extending its EV push beyond sedans. Waymo expansion note: Waymo is preparing to launch driverless service in San Diego after earlier coast-to-coast moves. Safety on the roadside: AAA rolled out new LED variable message signs on tow trucks to push “slow down, move over” compliance. Local industry impact: Carlex Glass America will close its Vonore plant by end of September, affecting about 325 jobs.
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