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Industry

U.S. Senate pushes curbs on carmakers with 15 percent or more Chinese ownership; Benz exempted

The U.S. Senate is pushing legislation to restrict access to the U.S. market for automakers with 15 percent or more Chinese ownership, while seeking ways to exempt Benz. A bill approved by the Senate Commerce Committee would ban vehicle sales by companies in which Chinese firms or investors hold more than 15 percent. Republican Senator Bernie Moreno said Benz would not be banned, though details and legislative steps remain.

Telecommunications & Media

LGU+ and IBCT cooperate on Catena-X adoption to help meet European supply chain rules

LG Uplus said on Sept. 28 it signed a strategic partnership with data-space specialist IBCT to support South Korean manufacturers adopting Catena-X and building and operating related systems. The companies aim to help firms that trade with European businesses respond to tighter rules on supply-chain data such as production history, raw material sourcing and carbon emissions. The partners plan an integrated support programme covering consultation, membership, system 구축, infrastructure and service operations.

Industry

Mercedes-Benz secures priority access to ProLogium fourth-generation all-solid-state battery cells

Mercedes-Benz has secured priority access to Taiwanese battery maker ProLogium’s latest fourth-generation all-solid-state battery cells and will begin verifying next-generation EV battery technology. The companies signed a joint test agreement and will evaluate whether the cells can be applied to vehicles. Mercedes-Benz plans comprehensive tests of electrical performance, thermal characteristics and safety. ProLogium is expanding production facilities in Taiwan and France and is pursuing a Nasdaq listing.