Gestamp signed a memorandum of strategic cooperation with China Automotive Technology and Research Center Co., Ltd. (CATARC) in Tianjin. The two companies will fully leverage their respective advantages and resources to jointly explore unlimited possibilities in the automotive industry and promote the greener and mor

On December 4, JAC Motors launched its Hunter mid-size pickup truck in Brazil as a model imported from China.
The Hunter will be available in Brazil in only the HD 4WD version, which is powered by a 2.0-liter turbo diesel engine delivering 191 hp and 46 kgfm torque paired with an 8-speed automatic transmission. It ha

Solidion Technology, Inc., a battery materials provider, announced the signing of a Memorandum of Understanding (MOU) with Giga Solar Materials Corp., a Taiwanese materials manufacturer. The partnership aims to accelerate the production of silicon oxide (SiOx) anode materials in the U.S. and develop a robust battery

On December 4, the European Commission approved One Equity Partners, US to acquire full control of E. Winkemann, Germany under the EU Merger Regulation. E. Winkemann mainly produces precision stamped metal parts for the automotive sector.
The Commission found no competition issues due to the companies' small combined

On December 4, Royal Enfield started operations of its new CKD (Completely Knocked down) motorcycle assembly facility in Thailand. This is Royal Enfield’s first fully owned and operated CKD assembly plant in Thailand. The plant is in Samut Prakan province in Bangkok.
The 57,000-square-foot plant has an installed capa

On December 3, PlaxidityX and Marquardt announced a new partnership to enhance Marquardt’s existing cybersecurity capabilities.
PlaxidityX SW Supply Chain Security is now deployed as a core component of Marquardt’s software development ecosystem. Based on a DevSecOps approach, the product enables Marquardt to integra

On November 29, multiple sources reported that Shanghai Automotive Parts Co., Ltd. will invest RMB 100 million in Morocco to establish a wholly owned subsidiary named Shanghai Automotive Air Conditioning Parts (Morocco) Co., Ltd. The new subsidiary will include a factory specializing in the production of air conditio

On November 27, the Minister of Investment and Foreign Trade, Egypt met with the president of Coficab, a leading Tunisian company in the field of design and manufacturing of electrical cables and braiding for cars, to review the latest developments in establishing a factory in the city of Ramadan, with an investment

On November 27, Elkem ASA secured EUR 1.8 million in funding from the European Union for the Elkem Sicalo (Silicon production with carbon looping) project, which aims to eliminate all CO2 emissions from silicon production.
Elkem, SINTEF, and NORCE are completing the first pilot phase of Elkem Sicalo at Elkem’s techno

On December 4, Feintool Group announced that it is facing major challenges in its European business for electric motors, due to several factors: political uncertainty in relation to electromobility and the transition to renewable energies, as well as an economic downturn in the industrial business.
In response, it ha

On December 3, NIO announced that it is launching its service: Flexible Upgrade, in Europe. Flexible Upgrade will be available to Battery-as-a-Service (BaaS) users in Germany, the Netherlands, Norway, and Sweden. 
Flexible upgrade enables users to switch from Standard Range battery to Long Range battery which gives e

Continental AG (Continental) announced the sale of Zonar Systems, Inc. (Zonar), a leading smart fleet management provider, to GPS Trackit, an industry pioneer in cloud-based, IoT fleet solutions and GPS tracking.
This follows Continental’s Automotive group sector strategy to focus on its core strengths and streamline

On December 1, Polestones signed a cooperation agreement with Laith Al Obaidi Group in Shanghai to authorize the group as its strategic partner in the Saudi Arabian market for sole agency for operations in Riyadh and Ash-Sharqiyah.
Concurrently, Polestones will introduce the Rox 01 all-terrain luxury SUV into the Sau

The board of Stellantis is considering its head of North American operations, Antonio Filosa, and procurement chief Maxime Picat as internal candidates for the CEO position, according to what a source close to the matter said on December 2, after CEO Carlos Tavares abruptly resigned the day before over growing disagr

On November 26, Hyundai announced in documents posted to the U.S. National Highway Transportation Safety Administration that it is recalling 226,118 SUVs and sedans in the U.S. because the rearview camera image may not show up on the screens.
The recall covers certain Santa Fe and Elantra vehicles from the 2021 and 2

On December 3, May Mobility announced the launch of a corporate autonomous vehicle (AV) service for factory employees and guests that will utilize Toyota's e-Palette mobility-as-a-service (MaaS) vehicle platform at Toyota Motor Kyushu Co.'s (TMK) Miyata plant in Fukuoka, Japan. 
Toyota's e-Palette is a customizable b

On December 3, Accenture announced it has agreed to acquire AOX, a German company specializing in embedded software for carmakers and their suppliers. The acquisition will enhance Accenture's capabilities to assist its automotive clients solve challenges in their transition to software-defined vehicles.
AOX’s experti