On May 28, Jiangsu Zeron Automobile Technology Co., Ltd. (Zeron), an emerging Chinese manufacturer of commercial vehicles, filed for listing with Hong Kong Exchanges and Clearing Limited (HKEX). Goldman Sachs (Asia) L.L.C. and Haitong International Capital Limited act as joint sponsors.
According to the prospectus, Z
On May 28, BYD held its Intelligence Strategy Launch Event, unveiling a range of intelligent technologies including the XUANJI A3, China’s first 4nm automotive Driving SoC, an upgraded version of the God's Eye, BYD Intelligent Driving System, and the super intelligent agent named “DiDi Xia”.
At the event, BYD also an
On June 2, Vianode and cylib signed a memorandum of understanding (MoU) to explore opportunities to integrate graphite concentrate recovered and produced through cylib's proprietary OLiC (Optimized Lithium and Graphite Recovery) technology into Vianode's anode production.
Vianode will develop and test formulations i
On June 2, WeRide and Uber Technologies, Inc. announced plans to launch Spain’s first commercial Robotaxi pilot in the Region of Madrid, marking the companies’ first joint entry into the European market. The transportation service will be carried out with the support of AVOMO, a Moove Cars Group company, using WeRide
On June 1, Solvay signed a letter of intent (LoI) with Viridis Mining and Minerals to secure a strategic supply of rare earth materials by 2028. Both companies will now work toward finalizing a definitive sourcing agreement. Viridis is expected to supply critical rare earth feedstocks from Brazil to Solvay’s La Roch
On June 1, RSB Transmissions, in a social media post, announced that it has acquired Setco Auto Systems (SASPL), a leading supplier of MHCV clutch systems and aftermarket drivetrain solutions. SASPL will become part of RSB’s platform, bringing together complementary strengths across drivetrain systems, manufacturing
In an investor update, Suprajit Engineering announced that it has completed the restructuring of its SCS division (Suprajit Controls Division) via shutting its Poland facility, moving manufacturing to Morocco, relocating the warehouse from Germany to Hungary, and scaling down German operations. In North America, it c
On June 1, Israel-based ADAS developer RideVision entered a partnership with Bain Capital-backed Dhoot Transmission to bring AI-driven Advanced Driver Assistance Systems to India. RideVision, a collision avoidance technology specialist for two-wheelers using edge AI, predictive analytics, and machine learning, will s
On May 29, Škoda Auto Volkswagen India Private Limited (SAVWIPL) launched the Volkswagen brand in Sri Lanka, in partnership with Continental Cars and Commercials Ltd. The initial lineup comprises the Taigun SUV and Virtus sedan, both manufactured at SAVWIPL's Chakan plant in Pune and exported to Sri Lanka.
A 3S show
On May 30, multiple sources reported that MGC Group, a Russian automotive component holding company, has acquired a 100% stake in Avtomobilnye Tekhnologii LLC, which operates a plant in Kaluga's Rosva Industrial Park that assembles Haval M6 crossovers.
Following the acquisition, MGC Group plans to improve the effici
OPmobility SE (formerly Plastic Omnium) announced the construction of a new manufacturing plant in the Toledo area of Ohio, marking its first exterior-solutions facility in the U.S. Midwest. Production is scheduled to start in H2/2027.
The new facility will create more than 500 jobs and strengthen OPmobility's presen
Compagnie de Saint-Gobain S.A. (Saint-Gobain) has completed the sale of HKO in Germany and its subsidiary in France, Deltec, to a fund managed by DUBAG Group.
HKO manufactures technical textile components for high-temperature insulation for automotive and industrial applications. The business has plants in Oberhausen
According to various media sources on May 27, Lu Weibing, partner and president of Xiaomi Corporation, elaborated on Xiaomi EV's global expansion plan during the company's Q1 earnings briefing.
Xiaomi EV plans to officially kick off its global expansion in Q3 or Q4 of 2027. Its overall expansion strategy will follow
On June 2, Stellantis announced that it will invest over EUR 1 billion in France to produce three new Peugeots, which will be offered either fully electric or hybrid models in C-segment, based on the new STLA One platform. These cars will be built at the Mulhouse plant starting in 2029.
The investment supports both t
On June 1, MG Motor announced that it will restart vehicle manufacturing in Europe through a new production facility in Galicia, Spain. The company plans to invest approximately EUR 200 million in the project as part of its “In Europe, For Europe” strategy.
The facility is expected to create more than 2,000 jobs acro
On June 1, OPmobility and Yanfeng announced the completion of the strengthening of their joint venture, YFPO, China’s leading manufacturer of exterior body parts, such as bumpers and tailgates. This operation, effective June 1, 2026, integrates module assembly activities from OPmobility and Yanfeng into YFPO and enab
On May 30, Tenneco Clean Air India announced that it secured a Clean Air aftertreatment program with a European commercial vehicle OEM, tailored to customer-specific cost and performance requirements. It also achieved an entry into the bearings business with a Japanese passenger vehicle OEM in India.
A new engine pla
On May 29, Lumax Auto Technologies announced the acquisition of the remaining 15.97% stake in Lumax FAE Technologies Private Limited (LFAE) from Francisco Albero S.A.U. (FAE), Spain, for a consideration of INR 19.2 million, taking LFAE to a wholly owned subsidiary. LFAE manufactures oxygen sensors for automotive OEMs
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