On August 13, Acconeer announced that it has received an order worth USD 100,000 from CODICO. CODICO is a leading distributor in Europe, headquartered in Vienna, Austria. The order relates to Acconeer’s A111 Pulsed Coherent Radar for customers’ mass production of parking sensors. Delivery is planned for Q4 2026 and 2
In an investor update, Tenneco Clean Air India Limited announced that it has projected capital expenditure guidance between INR 3.5 billion to INR 4.5 billion for FY 2027 (ending March 2027) to support its expanding order pipeline. It will be funded entirely through internal accruals.
The planned CapEx includes an in
In an investor update, Sterling Tools Limited announced an INR 800 million CapEx plan for FY 2027 (ending March 2027) to expand its fastener manufacturing facilities in Bengaluru and the National Capital Region (NCR), with an additional INR 250 to INR 300 million in balancing CapEx expected in FY 2028.
The company is
On August 12, Emirates Global Aluminium (EGA) announced that it continues to execute a comprehensive and disciplined restoration programme at Al Taweelah, which was significantly damaged in March 2026 due to Iranian attacks on Khalifa Economic Zone, Abu Dhabi.
EGA has energised all three potlines at Al Taweelah smelt
On August 11, multiple sources reported that Guizhou Qianjin Tire Investment Co., Ltd., a subsidiary of Guizhou Tire, has completed the overseas investment filing for its intelligent manufacturing project in Morocco. It has received the "Certificate of Overseas Investment by Enterprise" issued by the Guizhou Provinci
In an investor update, Varroc Engineering Limited announced that it will start production for a new globally backed EV brand in Q2 FY27 (ending September). The company has started advanced commercial discussions with two additional non-Bajaj OEMs, with production launches expected to begin within FY 2027.
For intern
On August 12, Jaya Hind Industries Private Limited announced a phased investment of INR 6 billion over the next two years (FY 2026–27 to FY 2027–28) to expand manufacturing capabilities and capacity across its facilities in Pune (Akurdi and Urse) and Chennai.
The investment builds on an earlier INR 2 billion expansi
On August 12, BMW Group announced that MINI has entered the Pakistani market with its fully electric model range and has also returned to Jordan with local BMW Group partners.
MINI entered Pakistan earlier this year with Dewan Motors, offering its latest electric models. The new MINI Aceman is a compact electric cros
On August 13, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has outlined a proposed investment of approximately INR 40 billion in Tamil Nadu. The plan is part of a non-binding facilitation Memorandum of Understanding (MoU) with the state government. If realised, the new outl
Contemporary Amperex Technology Co., Ltd. (CATL) announced that it has signed a five-year strategic cooperation framework agreement with Lianyungang Public Transportation Group, a subsidiary of Lianyungang Communications Holding Group. The two parties will cooperate in vehicle aftermarket services and the development
Contemporary Amperex Technology Co., Ltd. (CATL) announced that it has signed a strategic cooperation agreement with Longzhou Group Co., Ltd. The two parties will collaborate on vehicle aftermarket services, the development of city battery-swapping networks, and battery-swapping solutions for public transit and passe
Contemporary Amperex Technology Co., Ltd. (CATL) announced that it has signed a Joint Declaration with the United Nations Industrial Development Organization (UNIDO), expressing their shared intention to cooperate on green industrial development in the fields of the circular economy and advanced batteries.
Under the
South Korea's Inzi Controls Co. Ltd. (Inzi Controls) has received an order from Hyundai Mobis for cell connection systems for hybrid vehicle batteries. The contract runs from August 15, 2028 to December 31, 2034, with an order value of approximately KRW 148.5 billion. The systems will be supplied for the North Americ
On August 11, Volvo introduced the new B320R 6×2 B100 Flex urban bus chassis at LatBus 2026.
The model can operate on diesel or B100 biodiesel in any proportion. Produced at the company's Curitiba plant, the chassis is designed to help operators reduce emissions without requiring new fueling infrastructure.
The B320R
In an August 11 regulatory filing, General Motors said it has entered an agreement with a third-party inventory management company to secure supply critical parts in the event of disruptions caused by demand spikes, extreme weather, natural disasters, or cyberattacks.
GM entered into the financing arrangement on Augu
On August 10, Kognic announced a partnership with Mobilix, a Korean company specializing in autonomous driving and mobility, to enable the construction of autonomous driving and physical AI data flywheels. The partnership will provide Korean customers with physical AI data flywheels, which are used to improve methods
On August 11, the Vice-President of Ghana visited the Zonda Tec assembly plant. She asked officials of Zonda Tec to expand its operations by exploring opportunities to manufacture additional components locally. Increasing local content will strengthen domestic supply chains, create more jobs, and ensure that more of
On August 11, Korra for Energy & Investment Projects announced that it has been awarded the contract to execute the integrated works, including civil, architectural, and electromechanical works, for the Egypt ED YAZAKI Electrical Systems factory.
This is Yazaki’s first factory in Egypt. Spanning more than 67,000 squ
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