On December 29, Lotus Technology Inc. announced that it has entered into a share subscription agreement with ECARX Holdings Inc (ECARX), a global mobility technology provider. The investment aims to strengthen cooperation between the two companies.
Under the agreement, ECARX will acquire 16,788,321 newly issued ordin

On December 29, Arbe Robotics Ltd. announced that a China-based state-owned automaker has selected Hirain Technologies together with Arbe’s Ultra HD Radar for its Level 4 autonomous vehicle program.
Hirain’s LRR610 radar, powered by Arbe’s chipset, was chosen for the automaker’s Level 4 program. The vehicles are sch

Layoffs were announced on December 15 for the BlueOval SK Battery Park plant in Kentucky after Ford laid out plans for its modified EV strategy going forward.
BlueOval SK CEO Michael Adams made the announcement in a video to employees, saying “The BlueOval SK battery park here in Glendale, which includes the Kentucky

On December 29, South Korean battery material maker L&F said in a regulatory filing that the value of its 2023 supply deal with Tesla has shrunk to USD 7,386 from an earlier projection of USD 2.9 billion, signaling a catastrophic drop in demand for Tesla’s in-house battery cells, known as 4680 cells.
L&F had signed a

On December 26, LG Innotek (CEO Moon Hyuksoo) announced its success in developing a 'Next-Generation Under-Display Camera Module(UDC)' installed behind a vehicle's instrument cluster to monitor the driver, with plans to unveil it at CES 2026.
The UDC is a core component of the Driver Monitoring System (DMS), which in

On December 17, ALUKO Group officials announced the company has selected Halls, Tennessee, for its second U.S. manufacturing facility.
ALUKO Group will create 285 new jobs and invest USD 107.7 million to locate its integrated aluminum manufacturing operations in an existing building in Halls, Tennessee. Once operatio

In an investor update, Suprajit Engineering Limited updated that US tariff issues and China’s rare earth export restrictions remain unresolved, posing trade risks, while vehicle launches in its Suprajit Controls Division (SCD, excluding SCS) have been postponed or shelved, creating further uncertainty. Its restructur

On December 26, 2025, Steel Strips Wheels Ltd. (SSWL) announced that its board approved an 11-month lease agreement with wholly owned subsidiary AMW Autocomponent Limited (AACL) for a manufacturing facility spanning 288,793.19 sq. m. at Bhuj-Bhachau Road near Kannaiyabe village in Kachchh, Bhuj, Gujarat, at a monthly

On December 16, Treves Group, a world leader in automotive acoustics, inaugurated two new high-tech production lines at its Treves Castilla y León plant in Spain, marking a major investment that strengthens the site’s future and reinforces the Group’s commitment to industrial excellence.
The new facilities use ECOFEL

On December 18, MUTUALISM, an open automotive AI cockpit initiative led by iNAGO Corporation, selected Ottawa Infotainment, Canada, as its preferred hardware partner. The collaboration will be presented at COVESA’s reception during CES 2026.
MUTUALISM brings together multiple partners to build an open and standardize

On December 23, Imagry announced a strategic partnership with eVersum, a specialist in high-tech engineering and manufacturing of electric buses. They will integrate Imagry’s field-proven AI-based autonomous driving technology into M3-category right- and left-hand drive (RHD/LHD) electric buses. The fully integrated

On December 17, POLYN Technology announced that it will present a live NeuroVoice Voice Activity Detection (VAD) chip demo at CES 2026, highlighting the first practical application of its silicon-proven Neuromorphic Analog Signal Processing (NASP) technology. 
The demo features POLYN’s first NASP chip, which performs

On December 23, SJS Enterprises Limited signed a technology license cum supply agreement (TLA) with BOE Varitronix Limited (BOEVX), Hong Kong, for the optical bonding and assembly of automotive display systems in India. This collaboration enhances product capabilities and accelerates the localization of key display c

On December 24, Naxatra Labs, an Ahmedabad-based deeptech company developing high-efficiency electric motors for e-mobility and industrial applications, raised USD 3 million in a Pre-Series A funding round led by Rainmatter, with participation from individual investors from Paytm, Delhivery, and Ather Energy. The com

On December 23, 2025, JK Tyre & Industries Ltd. announced the completion of the merger of its subsidiary Cavendish Industries Ltd. with JK Tyre & Industries Ltd. Cavendish, acquired from Kesoram Industries Ltd. in 2016, had manufacturing capacity for truck/bus radial, truck/bus bias, and 2/3‑wheeler tires and was ope

On December 22, Geopost Vision announced a partnership with Nextbase for high-frequency street-level imagery. They will unveil their combined camera and fleet-data innovation at CES 2026. The partnership is already active in 10 European countries and will expand to 20 countries by 2026.
Geopost Vision is leveraging N

On December 16, Donut Lab and WATT Electric Vehicle Company (WATT) announced a partnership. It combines WATT’s ‘module-to-chassis’ integrated battery platform with Donut Lab’s in-wheel motors and inverters. The two companies will show a functional prototype skateboard platform at CES 2026.
WATT’s PACES (Passenger and

On December 23, multiple sources reported that Chinese-based ZS Turkey Automotive Spare Parts Limited Company has signed an agreement to build a new plant in Edirne's Organized Industrial Zone (OSB). The plant will have an area of 116,000 square meters and is expected to employ 1,660 people.
Based on multiple sources

On December 23, Roadzen Inc. announced that it will present its flagship driver-safety and in-cabin intelligence platform, DrivebuddyAI, at CES 2026. It is a vision-led, real-time driver monitoring and risk intelligence platform, designed to reduce accidents, improve fleet safety outcomes, and support automakers and