On May 21, Rock Tech Lithium Inc. received up to EUR 150 million in government-backed support from export credit agencies via conditional, non-binding expressions of interest. UK Export Finance (UKEF) and the Finnish export credit agency (Finnvera) have expressed their interest in supporting the Guben Converter.
Addi

On May 27, the European Council adopted a targeted amendment to the regulation on CO2 standards for new passenger cars and vans, which aims to grant car manufacturers the flexibility required to meet their emissions targets for 2025. This is the last step in the decision-making procedure.
The amended regulation provi

On May 28, Parkopedia announced that it is working with NIO to provide on-street parking functionality to all its European models. The ‘On-Street Parking’ functionality provides a smarter, more convenient navigation experience for NIO drivers, helping them to find available parking, with street parking options shown

On May 27, the Prime Minister of Egypt met with the Minister of the Public Business Sector to discuss the revival and relaunch of the Nasr Automotive Company. The Minister stated that Nasr Automotive Manufacturing Company has been revived, beginning with the bus factory.
 It currently produces 5 buses per week, meeti

On May 28, Tata Motors, along with MM Group for Industry and International Trade (MTI), one of Egypt’s largest distribution companies, announced the launch of its commercial vehicle range in Egypt. It has introduced Tata Xenon, Ultra T.7, Ultra T.9, Prima 3328.K, Prima 4438.S, Prima 6038.S, and LP 613. 
Tata Xenon is

On May 26, Ilya Automotive Industries announced the official opening of the Musso Grand Khan pickup truck production line. It will come in two variants, SIGNATURE and SAHARA. The truck has a four-wheel drive (4WD) transmission, a six-speed gearbox (Aisin), and other advanced features like electronic brake force distr

On May 28, Ather Energy, a leading electric two-wheeler manufacturer in India, and Infineon Technologies Asia Pacific Pte Ltd signed a memorandum of understanding (MoU) in Seoul, South Korea, to jointly drive innovation in the electric vehicle (EV) industry in India. This collaboration will explore sensing and safety

On May 28, Lumax Auto Technologies Limited announced that IAC International Automotive India Private Limited (formerly known as Lumax Integrated Ventures Private Limited), a wholly-owned Subsidiary, inaugurated its two new manufacturing plants at Chakan (Pune), Maharashtra.
The first facility, an extension of IAC’s e

On May 27, Ravindra Energy Limited (REL) announced that its associate company, Energy In Motion Pvt Ltd (EIM), has entered into an exclusive agreement with FOTON to launch their range of electric heavy commercial cargo vehicles in India. 
The commercial rollout of vehicles is scheduled to begin in Q2 of FY 2025-26 (e

On May 27, Jupiter Electric Mobility (JEM), the electric vehicle arm of Jupiter Wagons Limited, signed an MOU with Pickkup, a fast-growing Delhi-based logistics platform specializing in sustainable intra-city and intercity deliveries. The partnership aims to deploy 300 units of JEM TEZ, JEM's top-of-the-line electric

On May 28, Schaeffler India Limited inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu, India. The 16,500 square meter plant will serve as a hub for the production and expansion of conventional and electrified powertrain technologies, including planetary gear systems, hybrid transmission component

On May 26, NHK SPRING CO., LTD. announced its plan to construct a new plant in Chhatrapati Sambhajinagar (Aurangabad) in India to manufacture and sale of coil springs and stabilizer bars. It will be the third production site of NHK SPRING INDIA LTD. The plant will be completed in 2027. NHK will invest JPY 2 billion i

On May 26, General Motors announced that it is accelerating its transformation in the Middle East by introducing the region’s widest range of electric vehicles and advancing its vision for personal autonomous mobility.
GM will offer a mix of electric and internal combustion engine (ICE) vehicles to meet different mar

On May 27, Chery Automobile Co., Ltd. signed a strategic agreement with a powerful alliance of four leading Qatari companies to strengthen its presence in the global automotive market through a new Qatari-led platform.
The alliance brings together four prominent Qatari companies, Power International Holding, Dishley

On May 27, Avtotor announced that it has started implementing an IT project to develop a life cycle management system for auto components, covering product development, production technologies, and engineering data exchange between suppliers and automakers.
The project aims to boost production efficiency by creating

On May 27, Panattoni, an industrial real estate developer, announced the completion and handover of a new manufacturing and logistics facility to Valmet Automotive. The facility expands Valmet's existing factory in Żary to meet the rising demand for components that improve automotive aerodynamic efficiency.
The Żary

On May 23, DEKRA opened an automotive testing laboratory in Plymouth, Michigan, showcasing a facility designed to support the evolving needs of the mobility sector. The new center brings comprehensive ranges of automotive testing, validation, and certification services in North America under one roof.
The services wi

On May 28, Nexen Tire announced that it will supply its all-season tire, the N’FERA Supreme S, as original equipment (OE) for the Kia EV4 electric sedan.
The N’FERA Supreme S was chosen for the Kia EV4 to meet the specific performance, such as high torque, low noise, and precise handling. It features advanced technol

On May 27, Lucky Motor Corporation (LMC) announced the successful export of its first batch of 35 Kia vehicles to Africa.
The milestone marks the beginning of LMC’s export journey and reinforces its position as the leading new entrant in vehicle exports. The initiative also reflects the strong export legacy of the Y

On May 27, Alpine unveiled the all-new C segment high-performance electric sport fastback A390.
Built on the AmpR Medium platform and produced in Dieppe, France, the vehicle will be available from the fourth quarter of 2025. The A390 represents Alpine’s vision of performance-focused, intelligent electric mobility and