On July 24, the municipality of Cuprija, in a social media post, announced that it has signed a memorandum of understanding (MoU) with the Republic of Serbia and the Chinese company Shandong Golden Empire Precision Machinery Technology Co. Ltd.
Shandong Golden Empire Precision Machinery will build a new plant in Cupr

On July 20, the Minister of Economy met with a delegation from the Chinese company LAUNCH to discuss potential investment opportunities in Serbia’s automotive industry.
The meeting focused on plans to set up a research and development center and build a final assembly plant. These projects aim to bring added value, n

On July 18, the Government of Serbia signed two memoranda of understanding (MoU) with Minth Holdings Limited. As part of the agreement, the company will invest EUR 950 million over the next five years to build new industrial plants for the automotive industry in Leskovac and Ćuprija.
The new major investment will cre

Leoni AG (Leoni) has decided to scale down production at its factory in Malošište (Serbia) in the coming months and fully cease production by the end of 2025, affecting around 1,900 jobs.
The closure is attributed to the lack of a long-term, strategically and financially sustainable perspective. The Malošište plant,

On July 3, PWO Group opened its new engineering and production site in Čačak, Serbia. It will commence production towards the end of 2025. It will see an investment of EUR 28 million. The new facility is built on a 100,000 square meter site with a scope for further expansion.
The PWO Group will engineer and produce s

On July 2, the Government of the Republic of Serbia, the City of Niš, and the Chinese company Zhejiang Yusei Plastic Mould Group CO LTD signed a memorandum of understanding to construct the company's new factory in Niš. The project involves a EUR 26.5 million investment to build a new, modern production facility next

On June 29, multiple sources reported that Serbian President Aleksandar Vučić reached out to Chinese President Xi Jinping on behalf of Stellantis' Kragujevac plant, Serbia over problems with rare mineral exports due to U.S. tariffs.
Xi responded positively and had already instructed Chinese authorities to work closel

On June 24, NOVELIC, a subsidiary of Sona BLW Precision Forgings (Sona Comstar), announced that their ACAM Automotive In-Cabin Monitoring solution, will be available in 2026, following a nomination from a leading Tier 1 supplier. The technology aims to bring child presence detection to passenger vehicles, along with

On June 21, ElevenEs signed a memorandum of understanding (MoU) with MResource GmbH, Miracle Oruide (Guangzhou) Autoparts Remanufacturing Co. Ltd. (Oruide is a Joint Venture between Miracle Automation Engineering Co., Ltd. and Stellantis NV), and American Lithium Renaissance Holding Company to establish a joint ventu

On June 6, ElevenEs Ltd. announced that it had signed a memorandum of understanding (MOU) with Wanhua Chemical Battery Technology Co., Ltd. to localize the supply chain of battery cathode materials in Europe. This collaboration aims to establish a comprehensive supply and technical partnership covering products such

On June 4, the Ministry of Economy, Serbia, in a social media post, announced that the Chinese company GEB – Shandong Golden Empire Precision Machinery Technology is planning to build a factory in Serbia for the needs of BMW. Serbia has been shortlisted for the implementation of this major investment.
Based on social

On May 15, ElevenEs launched Edge574 Blade Cell. It can charge 10% to 80% in just 12 minutes. 10C charging is possible, with a cycle life of at least 500,000 km. The Edge574 Blade Cell demonstrates exceptional adaptability through its optimized design for both cell-to-pack (CTP) and cell-to-body (CTB) integration. 
A

On April 17, Stellantis announced that Citroën has started production of new fourth generation C3 at Stellantis’ plant in Kragujevac, Serbia. The facility was modernized from 2022 to 2024 under a deal with the Serbian Ministry of Economy to support the new ‘Smart Car’ platform and promote EV models production.
The si

On April 11, multiple sources reported that Stellantis has recently decided to send workers from its Melfi plant in Italy to support production of the Fiat Grande Panda in Kragujevac plant, Serbia. The new model has seen strong demand in just a few weeks. However, the Kragujevac plant in Serbia is struggling to ramp

On April 3, Novelic announced that it will showcase live demos of its advanced 60 GHz in-cabin radar monitoring module, and its 79 GHz radar-based park assist sensor, at Auto Shanghai 2025.
Novelic’s ASPER200 is a 79 GHz short-range radar module designed for passenger vehicles, motorcycles, and commercial or construc

On March 23, the Mayor of the Municipality of Indija, Serbia, met with the representatives of JFE Shoji. JFE Shoji will soon finish building the factory in Indija. The plant will see an investment of EUR 50 million and the employment of around 150 workers. The plant will produce metal parts for electric motors.
Based

On March 30, the Mayor of Novi Sad received the management of SHAC (Shanghai Huizhong Automotive Manufacturing). SHAC will soon begin construction of its first factory in Europe in Novi Sad, with an investment of EUR 40 million. 
The plant will employ 200 workers in the first phase. Representatives of SHAC informed t

On March 28, multiple sources reported that the Ministry of Economy of Serbia granted a subsidy of EUR 3.5 million to Rivian SE Europe d.o.o. The funds were allocated to the company for the establishment of a European technology center, as well as centers of excellence and shared services for Rivian’s support functio

On March 24, multiple sources reported that Stellantis' Kragujevac plant, Serbia will help produce the Citroën e-C3 alongside the Stellantis’ Trnava plant in Slovakia.
This is positive news for Serbian workers, as a new model could create jobs and support the local auto industry. However, production in Serbia will ma

On March 21, the City of Nis announced that a delegation from BOGE Rubber & Plastics visited Niš and presented plans for building a plant, starting production, and employing several hundred workers in the first phase of development. The plant will have a 40,000 square meters area. BOGE Rubber & Plastics is a leading