Kumho Tire Co., Ltd. (Kumho Tire) announced that it has chosen Opole, a city in the southwestern part of Poland, as a site to build a new European tire plant. The new plant is scheduled to commence operations in August 2028, with expected first-phase production of 6 million tires. After that, the company plans to exp
On December 2, 2025, the recently formed SODECIA AAPICO joint venture (Sodecia Aapico JV), announced that it would invest USD 120 million to establish a new manufacturing facility in Orangeburg, South Carolina. The new facility will be used to manufacture advanced ladder frames for Scout Motors, which is currently bu
On November 20, 2025, Amazon announced that it will invest USD 3 billion in Vicksburg, Warren County, Mississippi to build a new data center campus. The data center campus will be used to support AI and cloud computing technologies. The investment is expected to create at least 200 full-time jobs directly and support
Aeva has been chosen as the exclusive Tier-1 LiDAR supplier for a top European passenger car OEM’s global vehicle platform outside China, marking one of the company’s largest production awards to date. The multi-year program, which runs into the mid-2030s, will integrate Aeva’s Atlas Ultra 4D LiDAR across multiple ve
Yanfeng has informed Michigan’s Department of Labor and Economic Opportunity of upcoming workforce adjustments at its Romulus, Michigan facility, planned for January 5, 2026. Approximately 192 employees may be affected as production work transitions to other Yanfeng locations to support operational realignment. The c
On December 3, law firm Dr. Beck & Partner announced that several investors have already expressed interest in acquiring insolvent automotive supplier Kiekert AG. Meanwhile, production continues unchanged and at full capacity. Orders are being manufactured and delivered on time. All 700 employees will remain with the
On December 3, Vulcan Energy Resources Limited secured a comprehensive financing package (Phase One Financing Package) to fully fund the construction and development of Phase One of the Lionheart lithium and renewable energy project in the Upper Rhine Valley, Germany.
The total Phase One Financing Package of approxi
On December 3, Constellium announced the inauguration of its new finishing lines at its Singen plant in Germany. This milestone marks the completion of the EUR 30 million investment announced in 2024 in partnership with Lotte Infracell, a subsidiary of Lotte Aluminium, to supply high-quality aluminum foilstock for ba
On December 2, Elmos Semiconductor SE announced that it will present its latest semiconductor innovations at CES 2026. Elmos is showcasing a variety of demonstrators that bring the capabilities of Elmos ICs to life in key applications for the mobility of tomorrow.
Its compact E527.06 system-on-a-chip (SoC) sensor rel
On December 1, multiple sources reported that GO Enerji (GOEN) is planning a battery plant in Ankara with LG Energy Solution. The project will see an initial investment of EUR 45 million. The plant will start production in the second quarter of 2026. Initially, it will have a production capacity of 2.5 GWh. It will c
On December 1, HARMAN announced the official closing of the previously announced sale of its Digital Transformation Solutions (DTS) business unit to Wipro Limited. The transaction advances HARMAN’s strategic focus on strengthening its core Automotive and Lifestyle businesses while ensuring continuity and opportunity
On December 2, SIGIT Group held a meeting with the Ambassador of the Sultanate of Oman in Algiers. The discussion focused on SIGIT’s industrial investments in Algeria, with a particular emphasis on the automotive sector and raw materials such as plastics and aluminium, supporting both the Algerian and European market
On December 1, 2025, MiniMines Cleantech Solutions signed an MoU with the Karnataka government’s Department of Electronics, IT, and Biotechnology to set up an INR 3.5 billion giga critical minerals refining complex in Bengaluru. The first phase is planned with a refining capacity of 15,000 MTPA, targeting about 13,40
On December 2, OLEDWorks announced that it is supplying the OLED lighting panels used in the digital OLED rear combination lamps of the all-new Audi Q3.
The Audi Q3’s lighting system includes six digital OLED panels with 36 individually controlled segments, offering up to four unique light signatures. The system also
The South Korean government unveiled on November 28, 2025, the K-Battery Competitiveness Enhancement Plan to comprehensively support related areas from R&D, supply chain, and industrial infrastructure.
The government will establish a 2035 roadmap for the secondary battery industry and technology by the end of 2025 t
On November 28, FAW Jiefang Group Co., Ltd. (FAW Jiefang Group) announced on the Shenzhen Stock Exchange (SZSE) a plan for investing an additional CNY 191 million in cash in Jiefang-CATL New Energy Technology Co., Ltd. (Jiefang-CATL), a joint venture, through FAW Jiefang Automotive Co., Ltd., a wholly-owned subsidiar
Hyundai WIA Corporation announced that its subsidiary in Mexico has won a Q1 quality award from Ford Motor Company. The South Korean company has been delivering constant-velocity joints for the Lincoln Corsair SUV since 2019 and for the Ford Maverick compact pickup truck since 2021. (From a press release on November
Enchem Co. Ltd. (Enchem) announced that it is expected to sign an electrolyte supply contract with a world-leading battery cell manufacturer soon. The South Korean company will supply 70,000 tons per year for 5 years, for a total of 350,000 tons. Based on current prices, the order value is estimated to reach KRW 1.5
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