Announced on October 17, 2025, the Board of Investment (BOI) introduced the “Thailand FastPass” to fast-track major investments in key sectors as part of the government’s short-term economic push. 
In line with the government's plan to deliver a series of ‘Quick Big Win’ over the next four months, the board also appr

Announced on October 17, 2025, the Thailand Board of Investment (BOI) has introduced new incentives aimed at boosting domestic production of essential materials used in high-density batteries for electric vehicles (EVs) and energy storage systems (ESS). This initiative builds on earlier efforts to reinforce Thailand’

On October 16, General Motors and partner Posco Future M announced they have suspended the second phase of work on their joint venture battery materials plant in Bécancour, Quebec amid weak EV demand and recent North American policy decisions.
The Ultium CAM plant being commissioned in Bécancour remains on track to s

On October 16, imec inaugurated an office in the IPAI campus in Heilbronn, Germany, just months after unveiling plans for a new automotive chiplet innovation hub in Baden-Württemberg. imec’s Heilbronn hub is dedicated to cutting-edge chiplet design, advanced packaging, system integration, sensing, and (edge) AI – as

On October 13, ElevenEs signed a "Joint Declaration of Support for the ElevenEs Battery Manufacturing Expansion" with representatives from the European Commission and the Development Agency of Serbia, in the presence of the President of the European Commission. 
The signing ceremony took place at the first EU-Western

On October 17, BASF Coatings expanded its collaboration with Xiaomi to support the automaker’s plan to co-develop 100 car paint colors over the next three years. The initiative aims to drive innovation and personalization in automotive color design. 
As Xiaomi’s coatings partner since 2023, BASF Coatings plays a pivo

On October 14, Axent Capital Partners AG announced that it had taken over the German Eissmann Group. The takeover consists of the acquisition of the assets of Eissmann Automotive Deutschland GmbH, Bad Urach, which filed for insolvency in March 2024, as well as the acquisition of shares in the foreign subsidiaries.
Ei

On October 16, the European Automobile Manufacturers’ Association (ACEA) raised concerns over the potential disruption of car production in Europe due to the disruption of Nexperia chip supplies. 
On October 10, 2025, OEMs and their suppliers received notice from Nexperia outlining a sequence of events that results i

On October 16, Terranet announced that it has signed an evaluation agreement with a company active in the autonomous vehicle industry. As part of the agreement, BlincVision will be tested in demanding environments and under various weather conditions. 
The partner develops an autonomous platform that can be integrate

On October 16, Elmos Semiconductor SE acquired the remaining shares of DMOS GmbH from the two minority shareholders under customary closing conditions. Following the completion of the transaction, Elmos Semiconductor will thus hold 100% of the shares in its Dresden-based subsidiary.
DMOS GmbH is an IC design center p

On October 14, it was reported that VEMO inaugurated the country’s largest urban public charging hub in San Pedro de los Pinos, in Mexico.
The site, located in Mexico City, features 104 connectors with a total installed capacity of 6.2 MW; 44 are already operational, with the rest to be activated in phases. The hub o

OPmobility SE (formerly Plastic Omnium) has signed a global cooperation letter of intent with Chery Automobiles Co. Ltd., a leading Chinese automaker, to support Chery’s international expansion by leveraging OPmobility’s global R&D and production footprint.
The long-term partnership aligns with OPmobility’s geographi

Announced on October 16, 2025, Thailand recorded THB 253.1 billion in foreign investment during January–September 2025, up 88% YoY. Key investors were Singapore (THB 86.6 billion), Japan (THB 76.4 billion), and China (THB 21.9 billion).
According to the Department of Business Development, 770 foreign businesses were

Posco International Corporation, a trading company of the Posco Group, held a groundbreaking ceremony at the Mahenge mine in Morogoro, Tanzania. The Mahenge mine has approximately 6 million tons of natural graphite reserves. Its development is led by Black Rock Mining Limited, an Australian resource company, with the

Stellantis is the second OEM to be affected by a September 16 fire at the Novelis aluminum plant in Oswego, New York.
The Warren Truck Assembly Plant, where Stellantis builds the Jeep Wagoneer and Grand Wagoneer, is being idled for three weeks because of a parts shortage emanating from the fire.
“Due to a parts short

On October 16, Niron Magnetics announced a project in collaboration with Stellantis to develop a new generation of electric motor designs for automotive use using magnets free of rare-earth elements. Niron’s breakthrough Iron Nitride magnets are made from abundant iron and atmospheric nitrogen, available in the U.S.

On October 15, Archer Aviation announced that it has won the competitive bid process to acquire Lilium GmbH’s portfolio of ~300 advanced air mobility patent assets for EUR 18M, including patents relating to key innovations in high-voltage systems, battery management, advanced aircraft design, flight controls, electri

On October 13, Stegra announced that it is now in a new financing round for the construction of the world’s first large-scale green-steel plant in Boden, Sweden. The proceeds from the round are expected to represent approximately 15% of Stegra’s total project funding. It is also in advanced discussions regarding outs

On October 15, multiple sources reported that Shandong Yongsheng Rubber has started construction of a tire plant in Driouch Province. The project is led by Shandong Yongsheng Rubber Group through its local subsidiary, GOLDENSUN TIRE MOROCCO Co., Ltd., with an investment of over USD 675 million. It will produce car ti