On December 11, Verkor inaugurated its first gigafactory for low-carbon lithium-ion battery cells in Bourbourg (Dunkerque). With an initial capacity of 16 GWh/year, the gigafactory will meet the growing needs of low-carbon electric mobility. Its commissioning will create 1,200 direct jobs and 3,000 indirect jobs, wit

On December 10, Genesis revealed the G90 Wingback concept vehicle. The concept is built on the regular G90 platform, keeping its 3.2-meter wheelbase and 5.1-meter length.
Exterior, features key Genesis design elements such as the Crest Grille, Parabolic Line, Two-Line headlamps, and large lower air intakes with canar

On December 9, the European Commission approved, under the EU Merger Regulation, the acquisition of sole control of Novares Group SAS of France by Deva Capital Investment Company S.LU. (‘Deva Capital'), a subsidiary of Banco Santander S.A., both of Spain.
The transaction relates primarily to the design and manufactur

On December 8, Virta and SNCF (Société nationale des chemins de fer français), the French National Railway Corporation, announced a partnership to accelerate the green transition of the French national railway company’s vehicle fleet. 
SNCF is accelerating the shift to electric vehicles, launching an ambitious initia

On December 4, Arkema and Semcorp signed a memorandum of understanding (MoU) to establish a strategic collaboration aimed at accelerating innovation in battery separator technologies and supporting Semcorp in its international expansion. Arkema will provide high value-added solutions and technical support to bolster

On December 9, SYSGO announced that it will present its automotive-grade solutions at CES 2026. It will present a live demonstrator that underlines its commitment to innovation in the software-defined vehicle.
The demonstrator is fully compliant with the AUTOSAR IDS specification. It is built on an extensive analysis

On December 9, Renault Group and Ford signed a strategic partnership to develop two Ford-branded electric passenger vehicles for Europe, helping both companies strengthen their position in the fast-growing EV market.
The two EVs will be built on Renault’s Ampere platform and produced by Renault Group in northern Fran

On December 4, Verkor and EDF signed a twelve-year nuclear production allocation contract (CAPN). The twelve-year contract allocates Verkor a share of the operating capacity of EDF's nuclear power plants, reaching 33 MW, in exchange for a sharing of costs and risks related to the volumes produced. The first deliverie

On December 3, Symbio announced a major restructuring to ensure the long-term viability of its industrial and technological operations. Following Stellantis' withdrawal as a customer for all of its hydrogen-related activities, its three shareholders, Forvia, Michelin, and Stellantis, approved a new business plan with

On December 2, Verkor, in a social media post, announced that the first cell production trials at its Gigafactory has been successfully completed. This milestone confirms its ambition to build an innovative and sustainable European industry for electric mobility.
Based on Verkor social media updates

On December 4, Air Liquide and Hyundai Motor Group renewed their memorandum of understanding (MoU) at the Hydrogen Council CEO Summit, held from December 2 to 4 in Seoul. It aims to lead to the expansion of a comprehensive hydrogen ecosystem, encompassing production, storage, transportation, and utilization.
The part

On December 2, Renault announced that Renault 5 E-Tech Electric will offer a full lineup with three motors, two battery sizes and five trims, starting from EUR 24,990 (excluding incentives), along with upgrades and new features from late January 2026.
Next spring, the Renault 5 E-Tech electric will receive new equipm

On December 1, Horse Powertrain announced that it has provided its advanced range-extender system to Scania for a pilot heavy-duty timber truck operating in Sweden. The collaboration aims to test hybrid solutions for tough transport jobs such as forestry.
The Scania truck combines a strong battery-electric drivetrain

Plateforme de la Filière Automobile (PFA) announced that November new passenger car sales in France of 132,927 units decreased 0.3% over the same month last year.
Renault Group sales of 35,379 units increased 4.0% (26.6% share) while Group Stellantis sales of 30,510 units decreased 5.5% (23.0% share).
Volkswagen Grou

On November 27, Ampere announced that Renault Twingo E-Tech electric is equipped with LFP (Lithium Iron Phosphate) battery, marking the first model to use pouch-type cells. The design fits more cells in the same space and reduces the use of critical metals such as cobalt and nickel, supporting more sustainable EVs wi

On November 24, Arverne started drilling the first geothermal doublet at the Schwabwiller site in Alsace. These initial drillings will confirm the flow rate, temperature, and lithium content of the geothermal fluid at this site. The Lithium de France project will actively contribute to the energy transition by provid

On November 27, FORVIA released a statement on divestiture processes following recent media coverage. As previously announced, FORVIA has been carrying out a comprehensive strategic review of its portfolio. As a result, the Group has engaged certain processes to sell parts of its robust portfolio, which includes asse

On November 26, Proparco completed an investment in BasiGo, a Nairobi-based start-up providing electric bus solutions for public transport operators in Kenya and Rwanda. The company locally assembles electric buses, develops and operates charging infrastructure, and partners with bus operators to offer a cost-effecti

Valeo Group (Valeo) unveiled Elevate 2028, its financial plan for the next three years, at its Capital Markets Day on November 20, 2025.
By 2028, the company expects sales between EUR 22-24 billion, an operating margin of 6-7%, and free cash flow after interest of at least EUR 500 million. It aims to steadily increas