On December 9, AEQUITA announced that it had sold drive shaft and joint manufacturer IFA to Neapco. The acquisition creates the third-largest global manufacturer of propellers and half shafts, employing more than 5,000 people with annual revenues of approximately USD 2 billion, and a presence in all strategically rel
On December 11, Gelion plc announced that its wholly-owned UK subsidiary, OXLiD Ltd, has changed its corporate name to Gelion Europe Ltd, effective immediately. The rebranding of OXLiD Ltd to Gelion Europe Ltd represents the final step in the post-acquisition integration process.
It is designed to consolidate the br
On December 11, the European Investment Bank (EIB) and STMicroelectronics signed a EUR 500 million financing agreement. This represents the first tranche of a broader EUR 1 billion credit line recently approved by the EIB in favour of STMicroelectronics.
The tranche will support acceleration of R&D and high-volume c
On December 10, Infineon Technologies AG launched new packages for the CoolSiC MOSFET 750 V G2 technology. It is now available in a range of packages, including Q-DPAK and D2PAK, offering a portfolio with typical RDS(on) values up to 60 mΩ at 25°C.
The portfolio extension includes products for various applications i
On December 10, the Industrial Development Fund (IDF) announced that Yelabuga Battery Plant (EAP; part of the Korib Group) has launched serial production of EFB batteries for passenger cars and trucks. The plant will have an annual capacity of up to 80,000 units.
EFB batteries are advanced batteries that use a liqui
On December 10, Samvardhana Motherson International Limited announced that it had completed the acquisition of the remaining 10% stake in Motherson Lumen Systems South Africa (Pty) Ltd, following fulfillment of all conditions precedent on December 10, 2025. With this transaction, executed through its indirect subsidi
In an investor update, RACL Geartech Limited announced that it has secured a second nomination for transmission parts of a gearbox assembly from a large premium two‑wheeler manufacturer in India, expanding a new business relationship that began earlier this year. The project will be executed at the company’s Gajraula
On December 9, FAW Bestune announced that it will collaborate with Horizon Robotics to develop a versatile urban ADAS (Advanced Driving Assistance System) system based on the HSD (Horizon SuperDrive) solution and the Journey 6P chip.
The HSD solution, the technical core of future cooperation between the two companies
On December 10, it was reported that the automotive sector is entering 2026 under continued cost pressure and cautious investment strategies, according to Deloitte’s latest analysis.
Alberto Torrijos, Automotive Sector Lead Partner at Deloitte LatAm, explained that uncertainty surrounding global economic conditions,
Harbin Dongan Auto Engine Co., Ltd. (DAAE) released a conceptual design for dual-rotor engines, another phased achievement after the determination of a detailed design scheme for single-rotor engines.
With focus on the R&D of low-altitude aircraft and New Energy Vehicle (NEV) core power systems, DAAE is committed to
On December 9, it was reported that Mexico’s auto parts production reached a value of USD 10.41 billion in September, according to the National Auto Parts Industry (INA).
Between January and September, the sector registered USD 89.24 billion, equivalent to a year-on-year decrease of 4.35%. The rebound was driven by a
On December 10, Samsung SDI announced it will start supplying prismatic lithium iron phosphate (LFP) batteries for installation of energy storage systems (ESS) in the U.S.
The company’s Michigan-based subsidiary, Samsung SDI America, recently signed a deal with a U.S. customer to supply LFP cells for ESS over three y
On December 8, multiple media reported that LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., has secured a USD 1.4 billion battery order from Mercedes-Benz for a seven-year supply deal running between March 2028 and June 2035.
Under the agreement, LG Energy Solution
On December 9, Toyota Boshoku America (TBA), Inc. announced the grand opening of its newest manufacturing facility in Hopkinsville, Kentucky, Toyota Boshoku Western Kentucky (TBWK). This marks the company’s first-ever “smart plant,” as a major step forward in innovation, sustainability, and regional economic growth.
On December 9, QuantumScape Corporation, a leader in next-gen solid-state lithium-metal battery technology, announced it has completed installation of key equipment for higher-volume QSE-5 cell production in San Jose, California, accomplishing an important annual goal for 2025.
The Eagle Line is QS’s highly automated
On December 10, MaxVolt Energy announced that it is setting up a new 55,000 sq. ft. plant in the Duhai Industrial Area in Ghaziabad that is expected to become operational by February 2026. The facility is intended to act as a production‑capacity enhancement plant and will lift annual output from 72,000 battery units
On December 9, 2025, Allison Transmission announced that it is expanding its operations and investment in India through new partnerships in defence, mining, energy, and export manufacturing.
In the automotive sector, on the export side, Daimler India Commercial Vehicles has begun shipping Fuso 1623 and 1828 medium‑d
On December 9, 2025, Brakes India acquired a 10% shareholding in Japan’s TBK Co. Ltd. through a primary capital infusion, as part of a capital and business alliance agreement. The value of the transaction was not disclosed.
TBK, a global auto components maker in the medium and heavy commercial vehicle segment, focuse
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