Sona Comstar, India to set up driveline JV in China with Jinnaite Machinery On July 20, Sona BLW Precision Forgings Ltd. (Sona Comstar) signed a binding term sheet with Jinnaite Machinery Co., Ltd (JNT) to establish a joint venture (JV) company in China. The JV will manufacture and supply driveline systems and components to automotive OEMs in China and globally. Sona Comstar will invest $12 million in the first phase will hold 60% equity stake i...

News  Updated at: 2025/07/21

JLR partners with ev.energy to pilot smart EV charging in UK On July 17, JLR partnered with smart EV charging software platform ev.energy to promote more sustainable and cost-effective charging for its customers. As part of the collaboration, JLR is running a pilot program in the UK using 10 electric Jaguar I‑PACE vehicles to test the integration of ev.energy’s software. During the pilot, ev.energy’s software will connect with JLR’s vehi...

News  Updated at: 2025/07/17

IONNA reaches 3,000-bay-milestone in U.S. with EV Rechargeries at Wawa On July 16, Durham, North Carolina-based IONNA, the nationwide joint-venture EV charging network, announced a new collaboration with Wawa, the privately-held, 24/7 travel stop for freshly prepared foods, beverages, coffee, fuel services and surcharge-free ATMs across the U.S. Marking IONNA's single largest EV charging commitment to date, the addition of Rechargeries at Wawa br...

News  Updated at: 2025/07/17

Eaton to acquire Resilient Power Systems On July 16, Eaton announced it has signed an agreement to acquire Resilient Power Systems Inc., a leading North American developer and manufacturer of energy solutions, including solid-state transformer-based technology. The transaction is expected to close in the third quarter of 2025. “Resilient’s medium voltage solid-state transformers are a next-generation solution in high-power, direct current (DC...

News  Updated at: 2025/07/17

lans to enter the European and UK markets in the Q2 FY 2025-26 (ending September), as part of its broader global expansion strategy. The company is preparing for a phased entry, with a product portfolio aligned to the increasing demand for both internal combustion engine (ICE) and electric vehicle (EV) models. Hero MotoCorp’s expansion will initially target Germany, France, Spain, and the United Kingdom. The company also highlighted its joint v...

News  Updated at: 2025/07/15

PT UABS Indonesia celebrates Line-Off Ceremony for XPeng EV battery at Cikarang plant On July 8, 2025, XPeng Motors’ first overseas knock-down (KD) battery pack officially rolled off the production line at PT UABS Indonesia, located in the SAIC International Industrial Park, Cikarang, West Java. The partnership has drawn widespread attention across the industry and marks a major milestone in the growing collaboration between SAIC Group and XPen...

News  Updated at: 2025/07/15

Ultium Cells to add LFP battery cell production in Spring Hill, Tennessee On July 14, Ultium Cells LLC, the joint venture between General Motors and LG Energy Solution, announced it will upgrade its Spring Hill, Tennessee battery cell manufacturing plant to scale production of low-cost lithium iron phosphate (LFP) battery cells, building on a USD 2.3 billion investment announced in 2021.  Conversion of battery cell lines at Spring Hill to produc...

News  Updated at: 2025/07/15

Meta Bright, ChargeHere form JV to expand EV charging network in Malaysia On July 11, 2025, Meta Bright Group Berhad, via its subsidiary Meta Bright Energy, announced a joint venture with EV charging leader ChargeHere to accelerate the rollout of EV infrastructure in Malaysia. The new entity, Meta Bright Chargesini Sdn Bhd, will develop and operate EV charging stations at malls, hotels, residential, and commercial sites. Meta Bright holds a 51% s...

News  Updated at: 2025/07/14

South Korea’s Valeo Kapec to build EV battery system assembly lines in Yeongcheon, South Korea Several South Korean media sources reported that Valeo Kapec, a torque converter parts manufacturer in South Korea, will build an electric vehicle (EV) battery system assembly (BSA) production line in Yeongcheon, South Korea. BSA is a product that combines electrical equipment and battery management systems (BMS) in a battery pack. From 2025 through 2...

News  Updated at: 2025/07/11

on units, up 10.8% y/y. Luxury car retail sales volumes totaled 230,000 units, down 7% y/y. Retail sales volumes of domestic brands totaled 1.34 million units, up 30% y/y. Domestic brands had a market share of 64.2% of the total, up 5.6 percentage points y/y Retail sales volumes of mainstream joint venture brands totaled 510,000 units, up 5% y/y. Specifically, German brands had a retail share of 16.1%, down 2.4 percentage points y/y; Japanese bra...

News  Updated at: 2025/07/09

Redwood Energy launched to repurpose second-life EV batteries On June 26, Redwood Materials, the battery recycling firm founded by Tesla co-founder JB Straubel, announced the formation of a new venture called Redwood Energy. The business aims to repurpose EV batteries that do not have enough service to continue powering vehicles, though still retain more than 50% of their capacity, into large-scale, low-cost energy storage systems.  Redwood Ener...

News  Updated at: 2025/07/03

Indonesian govt. highlights cooperation with CATL and other Chinese partners in major EV Battery Project Announced on June 29, 2025, at the groundbreaking ceremony of Indonesia’s Integrated Electric Vehicle Battery Industry Ecosystem Project, the largest EV battery project in Southeast Asia, President Prabowo highlighted the impressive scale of this international collaboration. The project is spearheaded by the ANTAM-IBC-CBL Consortium, led by ...

News  Updated at: 2025/07/01

Rohm’s SiC power module adopted for Toyota’s bZ5 Rohm Co., Ltd. (Rohm) announced that the power module equipped with its fourth-generation silicon carbide (SiC) metal-oxide-semiconductor field-effect transistor (MOSFET) bare chip has been adopted for Toyota Motor Corporation’s new bZ5 crossover electric vehicle (EV). Shanghai Haimosic Semiconductor Co., Ltd. (Haimosic), a joint venture between Rohm and Zhenghai Group Co., Ltd., has started ...

News  Updated at: 2025/06/25

Daimler Truck expands EV lineup, plans hydrogen truck trials with 100 GenH2 units by 2026 On June 23, Daimler Truck announced that it is investing significantly in EVs and sees hydrogen as a key addition to battery-powered options. The company now has 11 battery-electric models in production worldwide. Hydrogen powered trucks are expected to be introduced in the near future. Five companies are currently testing the Mercedes-Benz GenH2 Truck proto...

News  Updated at: 2025/06/23

Motherson Group plans joint venture with Egtronics, Korea for vehicle power electronics On June 19, Samvardhana Motherson International Limited (SAMIL) announced that its board of directors approved the execution of a joint venture agreement (JVC) with Egtronics Co. Ltd., South Korea. SAMIL will have 51% shares in JV while Egtronics will have 49%.  The JVC will be consolidated by SAMIL. The new company shall be incorporated with an initial paid-...

News  Updated at: 2025/06/20

Chevrolet launches all-new Spark EUV in Mexico On June 16, Chevrolet launched the all-new Spark EUV in Mexico, a fully electric vehicle that joins the brand’s lineup. It is a rebadged Baojun Yep Plus SUV developed by the SAIC-GM-Wuling joint venture. Equipped with a 100 hp electric motor delivering 132 lb-ft of torque, the Spark EUV features a 42-kWh LFP battery, offering a range of up to 281 km. The model supports dual charging, with a 7.7-kW ...

News  Updated at: 2025/06/19

Yinson – PLUS to launch Integrated Retail & EV Charging Hubs along Malaysia's North-South Expressway Announced on June 11, 2025, Yinson GreenTech and PLUS Malaysia, via their respective subsidiaries Green EV Charge (GEV) and Terra PLUS, have signed a joint venture agreement to develop and operate Integrated Retail & EV Charging Hubs along Malaysia's North-South Expressway. The first hub will be built at Seremban RSA (Southbound) and is expected...

News  Updated at: 2025/06/18

New Energy Asia seals 3 EV charging partnerships, reveals Malaysia business plans Reported on June 13, 2025, at the launch of New Energy Asia (NEA), the newly formed joint venture between HICOM Engineering and Hangzhou Flash Charging (HFC) signed collaboration agreements with (i) Future Fuelling Malaysia, (ii) Pro-Net, and (iii) Malakoff Green Solutions. These partnerships aim to promote clean mobility and advance EV charging technology for both ...

News  Updated at: 2025/06/17

HESB–HFC form New Energy Asia JV to drive EV charging advancements in Malaysia and ASEAN Announced on June 13, 2025, New Energy Asia Sdn. Bhd, a newly-formed joint venture between HICOM Engineering Sdn Bhd (HESB) (a DRB-HICOM subsidiary) and Hangzhou Flash Charging New Energy Co Ltd (HFC) (a Lotus Technology Inc. subsidiary), has launched a comprehensive range of high-quality EV charging equipment for Malaysia and the ASEAN market. The collabor...

News  Updated at: 2025/06/16

Rivian R2 zonal architecture to underpin VW Group’s future EVs On June 2, Wassym Bensaid, Rivian’s chief software officer and co-head of the Rivian-VW joint venture since November 2024, commented on usage of Rivian-initiated technology in future VW Group products. The partnership is limited to the software stack and the network interconnect, specifically Rivian's zonal architecture, which Bensaid’s team is responsible for, including softwar...

News  Updated at: 2025/06/11