According to multiple press releases, Contemporary Amperex Technology Co., Ltd. (CATL) is selling its 20.6% stake in Finland’s Valmet Automotive. The Finnish government and Pontos Group have agreed to acquire the 20.6% stake. Previously, Valmet Automotive manufactured vehicles for automakers such as Porsche, Saab, an

On September 1, Valmet Automotive announced that it is reshaping its strategy to expand its expertise beyond the automotive industry, including into the defense sector.
As part of an ownership and financing arrangement enabling Valmet Automotive’s strategic expansion, IONCOR, Valmet Automotive’s battery systems subs

On August 28, Skeleton Technologies announced that it has received EUR 7 million from the North Savo ELY Centre for its SuperBattery production in Varkaus. The grant will help to grow Skeleton Technologies’ production capacity and workforce significantly, while also supporting Finland's climate goals aimed at reducin

On August 14, Rightware announced that it will present the latest and upcoming Kanzi features and developments, as well as HNI innovations, during the IAA Mobility 2025. 
It will present e-Cockpit 9.0, a panoramic cockpit system that highlights the power of Kanzi One with advanced single-camera transition, ADAS displ

On August 11, 2025, Apollo Tyres Ltd announced a dedicated outdoor tire testing facility in Ivalo, Finland, built under a long-term agreement with UTAC. The site will feature exclusive, tailor-made infrastructure and dedicated tracks for real-world winter and all-season testing, supporting both Apollo and Vredestein

On August 1, Terrafame announced that it has decided to initiate change negotiations concerning the personnel of the battery chemicals plant and other functions closely connected to the plant on production-related and financial grounds. In addition to possible layoffs, the negotiations will also cover possible tempor

On July 10, Fortum Battery Recycling announced that it had secured EUR 84.6 million in funding by Business Finland to expand its hydrometallurgical battery recycling facility in Harjavalta, Finland.
The funding from Business Finland is part of the EU’s Temporary Crisis and Transition Framework (TCTF), which allows s

On July 10, TactoTek announced that TK Group (Holdings) Limited, a precision molding company, has joined its IMSE ecosystem as a licensee. The partnership establishes the first automotive-grade IMSE functional film supply chain in China and positions TK Group as a global Tier 1 supplier of finished IMSE products for

On July 4, Qt Group Plc's wholly owned subsidiary, The Qt Company Ltd, announced a recommended public cash offer to the shareholders of class B shares in I.A.R. Systems Group AB. The offer price is SEK 180 for each IAR Share, valuing IAR at approximately SEK 2,293 million or approximately EUR 204 million, based on ou

On June 27, the Ministry of Transport and Communications, Finland, announced that it is inviting comments on a draft government proposal for a new act on scrapping premiums for passenger cars for the years 2026–2027. 
Under the proposal, the state would offer a scrapping premium of EUR 2,500 for the purchase of a new

On June 11, TactoTek announced that Phillips Medisize, a Molex company, has joined the IMSE (in-mold structural electronics) ecosystem as a licensee.
Phillips Medisize will begin IMSE manufacturing at its facilities in the USA and Mexico, serving key markets including consumer, defense, automotive, and medical techno

On June 11, CPAC Systems AB partnered with Epec Oy to advance intelligent and connected solutions for the off-highway and commercial vehicle sectors.
The partnership will allow CPAC Systems and Epec to offer combined solutions to OEM customers in the off-highway and commercial vehicle sectors. By aligning offerings

On May 27, Rightware announced that it has provided its Kanzi One, a globally leading HMI (Human-Machine Interface) platform, for the all-new Cadillac XT4. The car has a 33-inch 9K ultra-retina curved display. Featuring automotive-grade ultra-thin bezels and Mini-LED zoned backlighting, it renders over 1 billion colo

On May 27, Eurobattery Minerals AB announced that the City Council of Outokumpu has approved the detailed zoning plan for the Company’s Hautalampi battery mineral project in Finland. This approval marks the final step in the zoning process and grants Eurobattery Minerals, through its subsidiary FinnCobalt Oy, the nec

On May 29, Mativ announced a key milestone in its partnership with Miru Smart Technologies. Through its Argotec brand, Mativ secured its first purchase order for advanced polymer film materials used in Miru’s dynamic electrochromic window technology from a major glass manufacturer. This marks a crucial step toward sc

On May 19, Rightware announced a collaboration with AMD to jointly create a pioneering reference design that brings together industry-leading design effects and features to become the new standard for future automotive human-machine interfaces (HMIs).
The reference design is built on AMD x86 architecture and integrat

On May 14, Basemark appointed Excalibur Inc. as its authorized agent for the Japanese market. Excalibur Inc. is a business development and engineering consultancy that brings deep industry knowledge and strong networks within the Japanese automotive sector, particularly through multiple development engagements with T

On May 13, Vianode signed a memorandum of understanding (MoU) with Fortum Battery Recycling, a specialist in recycling valuable metals from electric vehicle (EV) batteries, to build a sustainable recycling value chain for EV batteries.
Under the agreement, Vianode and Fortum Battery Recycling will collaborate to secu

Rightware, a ThunderSoft subsidiary, and ZF Group, unveiled Realtime Drive Mode at Auto Shanghai 2025. By combining Rightware’s HMI development toolchain, Kanzi One, with ZF Group’s expertise in chassis control and intelligent driving systems, Realtime Drive Mode builds a new ecosystem between vehicle status and driv

On April 23, Basemark announced a collaboration with Zhejiang Chief Tech Co., Ltd. The partnership introduces a turnkey solution for AR Heads-up Displays, accelerating the time to market for AR experiences on automotive windshields. Chief Tech is a leading provider of Stereoscopic Head-Up Displays (S HUDs) for the au