On June 20, the Deputy Minister of Transport, Uzbekistan, met with representatives of a delegation led by the Chairman of the Board of the Export-Import Bank of the People's Republic of China. The parties discussed the issue of accelerating the negotiation and signing of a loan agreement between Uzsanoatqurilishbank

On June 17, multiple sources reported that the China Construction Bank (CCB) and Zhongwei New Materials signed a cooperation agreement to finance a project to produce ternary cathode materials used in lithium batteries for electric vehicles in Morocco. The agreement was signed on the sidelines of the fourth China-Afr

On June 20, multiple reports confirmed that during Tata Motors' Annual General Meeting, the Chairman of Tata Sons announced Tata Motors currently holds sufficient stock of rare earth magnets., Tata Motors is actively exploring new supply sources and working closely with the government to secure alternative options fo

On June 21, Abou Ghaly Motors Group announced on social media that the Vice President of Geely and CEO of London EV Company (LEVC) visited the Abou Ghaly Motors Group headquarters in Cairo. The parties discussed about expansion of their collaboration, introducing new Geely models to the Egyptian market, Geely brand g

On June 20, NOVACIUM SAS launched the industrial production of cylindrical lithium-ion battery cells incorporating its third-generation silicon-based anode material (“GEN3”). The resulting cells, offering a capacity of 4,000 mAh and 1,000 charge cycles, are particularly well-suited to the demanding requirements of th

On Jun 20, the Industrial Development Fund (IDF) announced that it would provide a preferential loan of RUB 949 million to Omsky Kauchuk, a part of the Titan Group, to localize new low-molecular polyisobutylene production in Omsk.
The Titan Group of Companies will create an import-substituting production of low-molec

On June 19, TDK Corporation announced that its subsidiary TDK Ventures Inc., its corporate venture capital arm, selected London for its first European office. TDK Ventures will initiate its USD 150 million multi-LP Fund EX1. The fund will focus on both European and North American-based energy-transformation startups

On June 20, Officine Vica SPA entered into an investment agreement with Haoxin Group under which Haoxin will acquire a controlling interest in Officine Vica SPA through the subscription of a capital increase. This strategic partnership is expected to enhance the company's capabilities and support new opportunities fo

On June 19, Samvardhana Motherson International Limited (SAMIL) announced that its board of directors has approved the acquisition of the remaining 25% stake in two Turkey-based entities — SMR Plast Met Molds and Tools Turkey Kalip Imalat Anonim Şirketi and SMR Plast Met Automotive Tec Turkey Plastik Imalat Anonim Şi

On June 23, Tata Motors launched the all-new Tata Ace Pro, a four-wheel mini truck aimed at the small cargo mobility segment, priced at INR 399 thousand. The Ace Pro is available in three variants—gasoline, bi-fuel (CNG + gasoline), and electric. The gasoline variant features a 694cc engine delivering 30 bhp and 55 N

On June 23, TVS Motor Company launched the all-new HLX 150 5G motorcycle in the Republic of Congo, expanding its HLX portfolio in international markets. The HLX 150 5G continues to be powered by the 150cc eco thrust engine with an integrated oil-cooling technology
Its key new features include an adjustable rear susp

On June 20, Tata Consultancy Services (TCS) announced the expansion of its capabilities in the software-defined vehicles (SDV) segment with the establishment of two new automotive delivery centers in Germany—located in Munich and Villingen-Schwenningen—and a new engineering center in Romania.  The German centers will

On June 21, Sharda Motor Industries Limited (SMIL) announced that it has received the factory license for its new manufacturing facility from the Directorate of Industrial Safety and Health, Government of Maharashtra. The license was issued on June 20, 2025, and the company confirmed that commercial production at the

On June 18, the Transport Minister of Ireland announced that the 2025 Electric Small Public Service Vehicle (eSPSV25) Grant Scheme will reopen on June 23, 2025.
It was launched in February 2025 with a EUR 12.5 million budget, and the scheme received a record number of applications. About EUR 7.5 million has already b

On June 23, Daimler Truck announced that it is investing significantly in EVs and sees hydrogen as a key addition to battery-powered options. The company now has 11 battery-electric models in production worldwide.
Hydrogen powered trucks are expected to be introduced in the near future. Five companies are currently t

On June 23, Stellantis N.V. announced that Mr. Antonio Filosa officially began his role as CEO and declared a new global leadership team, effective immediately. The team includes top talent from across Stellantis’ global operations.
These changes follow the February 2025 restructuring and focus on placing product dec

On June 20, Chery South Africa launched the Tiggo Cross HEV and Tiggo 7 CSH, a new PHEV derivative of the popular Tiggo 7 SUV.
The Tiggo Cross HEV is equipped with a 1.5-litre engine paired with a dedicated hybrid transmission (DHT) that produces 71 kW and 118 Nm of torque. With an electric motor and a 1.83 kWh batte

On June 19, multiple sources reported that Ebro, the Spanish carmaker, announced that it will invest EUR 100 million to expand its presence at the former Nissan factory in the Zona Franca (Free Trade Zone) to achieve a production of 150,000 additional cars per year. The announcement was made at the International Logi

On June 20, AVTOVAZ signed an agreement with SberMobile to enhance telematics services for LADA vehicles. Under the agreement, SberMobile will supply cellular connectivity for SIM modules integrated into the cars, enabling the LADA Connect system to function across all compatible models.
SberMobile’s SIM profiles wil

On June 20, Yutong Bus showcased its battery-electric intercity bus IC12E and the premium city bus U12, under the theme 'Think Eco, Move Green', at the UITP Summit 2025, held in Hamburg, Germany.
The IC12E is specifically engineered for high-frequency intercity operations, offering a maximum range of 610 km under SO