On May 8, it was announced that Japanese company ATECS will invest USD 11 million to establish a new plant in León, Guanajuato, beginning in 2026, creating 130 direct jobs.
ATECS specializes in the design and manufacturing of high-precision plastic components through vertical electric injection molding machines, spec

On May 7, hofer powertrain announced a battery module utilizing next-generation lithium-sulfur cells provided by its US-based project partner Lyten. The joint project aims to deliver the most efficient battery solutions for mobility, motorsport, marine, and other applications.
As part of the joint project, Lyten prov

On May 4, multiple sources reported that Chinese tire manufacturer Sentury Tire abandoned its plan to establish a factory in the As Pontes region of Galicia, Spain, and transfer all funding to its existing factory in Tangier, Morocco. The Tangier plant started production in September 2023. The investment will expand

On May 4, the Iran Chamber of Commerce, Industries, Mines, and Agriculture, met with Sweden’s ambassador to Tehran to invite Sweden to restart joint investment projects in Iran’s automotive and electricity sectors. The Chamber's president encouraged Sweden to revive past successful ventures like joint vehicle manufac

Several sources reported that Bridgestone workers in Basauri, Spain have voted to continue their strikes to pressure the company to cancel its layoff plan, which would affect 335 employees. The plant was shut down again on April 25-26, 2025. They have also planned new strikes for April 30, May 1, 5, and 6, aligning w

On April 28, Isuzu Motors Limited announced its decision to transfer all shares it holds in its Indian affiliate SML Isuzu Limited which assembles and distributes commercial vehicles (hereinafter “SML-I”) to Mahindra & Mahindra Limited, which manufactures and sells passenger and commercial vehicles as well as tractor

On April 23, the Competition Commission of India (CCI) approved Bharat Forge Limited's proposed acquisition of 100% equity in AAM India Manufacturing Corporation Private Limited (AAM India), subject to voluntary modifications offered by the parties involved. AAM India, a subsidiary of American Axle & Manufacturing Ho

On April 22, OMNIVISION, a California-based developer of semiconductor technology, including advanced digital imaging, analog and display solutions, announced the new OX01N1B image sensor for in-cabin automotive driver monitoring systems (DMS). 
The device is the newest addition to OMNIVISION’s industry-leading Nyxel

On April 18, Tofaş announced that the Competition Board had approved its 100% acquisition of Stellantis Türkiye shares, with the share transfer expected to take place shortly.
Once the transaction is complete, Tofaş will also distribute Citroën, DS Automobiles, Opel, and Peugeot, alongside the Alfa Romeo, FIAT, Jeep,

Hyundai Mobis Ltd. (Hyundai Mobis) announced that it has developed a new battery system that prevents thermal runaway within batteries. This technology puts out fire immediately by spraying a fire extinguishing agent when a battery cell catches fire. That can prevent heat from being transferred to adjacent cells, cau

On April 15, the Securities and Exchange Board of India (SEBI) issued an interim order against Gensol Engineering Limited and its promoters. The order was based on concerns over how the company used funds raised through preferential share allotments, especially those meant for its electric vehicle (EV) and mobility b

On April 11, 2025, Fraunhofer IISB, one of Europe's leading research institutions, announced that the Bavarian Minister of Economic Affairs had opened the new Fraunhofer IISB technology center for research into contactless energy transfer for electric vehicles and presented the funding certificate.
The E|Road Center

On April 14, STMicroelectronics N.V. (ST)  announced two new automotive NFC readers in its ST25R portfolio. The ST25R500 and ST25R501 meet Car Connectivity Consortium (CCC) and Wireless Power Consortium requirements for digital key and center console applications for device pairing and engine start and wireless charg

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