On January 20, Slovenian Steel Group (SIJ) Group and the government of Saudi Arabia signed an agreement to establish the production of electrical sheets and premium hot-rolled strips in Ras Al-Khair. The production of electrical sheets is expected to start in 2029. 
The initial investment and the bulk of the construc

On January 7, Elaphe Propulsion Technologies unveiled the Elaphe SONIC.1, the first front-wheel in-wheel motor in the SONIC product family range, at the CES 2025 in Las Vegas.
SONIC.1 is the first front-wheel in-wheel motor designed for high-performance braking, featuring 400mm standard brake discs within a 21-inch x

On November 15, the Slovenia Business Development Agency announced that the Economy Minister revealed the government will allocate up to EUR 40 million in subsidies to produce the Renault Twingo E-Tech Electric A-segment hatchback EV at Renault’s Revoz plant in Novo Mesto.
This initiative is expected to create up to

On October 24, Slovenia Business Development Agency announced that Chinese car maker Dongfeng has opened its first sales and technical center in Slovenia. It is operated by importer Plan-net Avto. Four electric and three gasoline models are currently available. Having entered Slovenia's market only a year ago, Dongfe

Multiple media sources reported that MAHLE plans to cut over 600 jobs at its Šempeter pri Gorici plant in Slovenia due to weak demand in the European automotive industry.
The plan includes reducing 340 direct and indirect jobs in 2025 and relocating the production of alternators to Bosnia and Herzegovina and the e-co

On September 5, the European Commission approved the acquisition of sole control of H & R d.d. Družba za upravljanje z naložbami (‘Hidria') of Slovenia by Gonvarri Corporación Financiera, S.L. of Spain. The transaction relates primarily to the automotive and industrial products sector.
The Commission concluded that t

On August 30, the Slovenia Business Development Agency announced that the Mežica-based battery maker TAB is operating at full capacity despite suffering damage of nearly EUR 27 million in last year's massive flood.
It has replaced most of the equipment. it is now dealing with repairing infrastructure. TAB has receive

On August 5, Eleport, an electric vehicle (EV) public charging network company, announced its expansion into Croatia and Slovenia by acquiring TurboVolt GmbH, an EV charging hubs provider. Eleport’s network will now cover six countries. 
The first phase of expansion includes the launch of 17 high-powered EV charging

On July 24, Slovenian government, along with representatives from Renault and the Revoz plant, signed a Memorandum of Understanding (MoU) to develop produce the Renault Twingo E-Tech Electric in Slovenia.
This vehicle will be produced at the Revoz plant, where Renault plans to invest in new equipment and technologies

On November 20, Jaltek Systems announced that it partnered with SG Automotive on October 31, 2023. Jaltek Systems is a prominent UK contract electronics manufacturer.
SG Automotive is a Slovenian electronic manufacturing service (EMS) provider known for manufacturing printed circuit board assemblies (PCBA). The compa

On October 24, TAB tovarna akumulatorskih baterij d.d announced that it will open its first gigafactory for lithium-ion energy storage systems (ESS) in Prevalje in 2024. The line will produce up to 180,000 battery packs in 3-shift operation per year, corresponding to a total capacity of 1 GWh. The battery packs can b

On October 12, Porsche Slovenia Group announced that it is venturing into the electric energy market, teaming up with NGEN, an energy storage system, to create an electricity trading system for users of Porsche's e-mobility services.
The initiative will establish a community of electricity producers and users, effect

On October 9, Oxa, and eVersum, provider of electric commercial vehicles and passenger transport solutions, announced a partnership to design, develop, and produce shared autonomous passenger vehicles. These vehicles will be offered to public transport operators in Europe and the US, with the first being autonomous c

On October 3, multiple sources reported that KLS Ljubno re-started partial production of toothed rings receiving support form VW. The plant is running at 5% capacity. There is no timeline given for the restoration of the entire production.
The company suffered a lot of damage due to floods in August 2023. At present,

On September 21, the Slovenia Business Development Agency announced that Andrada, a joint venture founded in Hungary by the Slovenian automotive industry, has withdrawn its application for an environmental permit for a recycling plant for electric car batteries. Andrada plans to build it in Alsozcolca in northeastern

On August 30, Slovenia-based Andrada Group announced that it is planning a Li-ion-battery recycling facility in Alsózsolca, Hungary. The plant will be near to CATL’s major battery factory in Debrecen and sees an investment of EUR 25 million. It will have the capacity to recycle 10,000 tons of batteries a year. Initia

InoBat, a battery manufacturer based in Slovakia, announced that it has signed a memorandum of understanding (MoU) with Minth Group Limited (Minth Group) for electric vehicle innovation, cell-to-pack integration, developing recycling solutions, accelerating the transition to green energy, and collaboration on local p

The Ministry of Economy, Tourism and Sports, Slovenia, announced that Magna International Inc. (Magna) will return the entire financial incentive for the paint shop in Hoče, which amounts to EUR 22.1 million with interest. Magna will return the EUR 18.6 million it got for the greenfield investment plus EUR 3.6 millio

On May 9, Slovenia Business Development Agency announced that the Slovenian automotive cluster will get EUR 200 million in state subsidies over the next five years for digital and green transformation.  The funds will be channeled into GREMO - GREen MObility, an initiative that includes 11 major Slovenian automotive

On February 23, the City of Kragujevac announced that TPV Automotiv from Slovenia is planning to expand the production of its Kragujevac plant (TPV Šumadija).  TPV Šumadija is planning to build another facility at the location next to the current factory, which will increase the number of jobs by at least 50%. TPV Šu