Stellantis reportedly in talks to build Leapmotor EVs at idled Brampton, Ontario plant Stellantis is reportedly in talks over options for building electric vehicles (EVs) in Canada with Chinese partner, Zhejiang Leapmotor Technology Co., according to people familiar with the matter. The development follows on changes in Canadian industrial policy as a result of imposition of tariffs and other pressures from the Trump administration on OEMs to mov...

News  Updated at: 2026/04/03

PLANET and NV Gotion reach MOU for EV and energy storage partnership in Thailand Announced on March 26, 2026, Planet Communication Asia PCL (PLANET) and NV Gotion Co., Ltd. (NV Gotion) entered into a Memorandum of Understanding (MOU) on March 20 for the joint development of electric vehicle (EV) solutions and battery energy storage systems (BESS), supporting clean energy adoption in Thailand and the ASEAN region and contributing to PLANET’s New...

News  Updated at: 2026/04/02

Toyo Seikan and TOPPAN Holdings cancel establishment of Swedish JV for EV battery casing materials On March 31, Toyo Seikan Co., Ltd. (Toyo Seikan) announced the cancellation of its plan to establish a joint venture in Sweden with TOPPAN Holdings Inc. (TOPPAN Holdings) to manufacture casing materials for lithium-ion secondary batteries used in electric vehicles (EVs). In June 2024, Toyo Seikan and TOPPAN Holdings agreed on the establishment of a ...

News  Updated at: 2026/04/02

SK On to name North American battery JV with Hyundai Motor Group “Hyundai SK Battery Manufacturing America” Several South Korean media sources reported that SK On Co., Ltd., a South Korean secondary battery manufacturer, unveiled that it had decided to name its battery joint venture with the Hyundai Motor Group “Hyundai SK Battery Manufacturing America (HSBMA).” The joint venture, established by the two companies on a 50:50 basis, is curr...

News  Updated at: 2026/04/01

Posco to build rare earth value chain in South Korea and abroad Posco International Corporation, a trading company of the Posco Group in South Korea, announced that, partnering with a venture investment specialist within the Posco Group, Posco Investment, it launched its first KRW 25 billion (JPY 2.75 billion) corporate venture capital fund (CVC) to invest KRW 8 billion (JPY 880 million) in a domestic specialist in rare earth separation and refin...

News  Updated at: 2026/03/30

Rivian-VW software JV clears way for USD 1 billion investment after winter test milestone On March 27, the Rivian and Volkswagen Group Technologies’ RV Tech joint-venture announced it has completed a successful winter test program with vehicles including an Audi, a Scout, and ID.EVERY 1 entry-level VW EV, where they “validated the functionality and performance of the electronics and software – an important milestone for the joint venture’...

News  Updated at: 2026/03/28

Infineon and Zenergize, India partners for power electronics in solar, EV charging and storage On March 19, Infineon Technologies entered a technology partnership with Indian power‑electronics OEM Zenergize to supply wide‑bandgap power semiconductors, including silicon carbide devices, and microcontroller platforms for India‑designed solar inverters, EV fast‑chargers, and energy‑storage systems. The collaboration, announced at the Bhara...

News  Updated at: 2026/03/26

l risks and the transition toward electrification, how can major component suppliers chart a path forward? In an exclusive interview, TPR Co., Ltd. (TPR) Chairman and CEO Hiroshi Suehiro shared insights into the company’s global strategy across 13 countries, its direction in key markets, and the development of next-generation technologies aimed at achieving cross-industry “co-creation.”TPR is advancing its global operations in the powertrai...

News  Updated at: 2026/03/18

Stellantis teams up with Indomobil to launch Leapmotor EVs in Indonesia in 2026 Reported on March 15, 2026, Stellantis partnered with Indomobil Group to introduce Leapmotor electric vehicles in Indonesia from 2026. Under the agreement signed in Jakarta, PT Indomobil National Distributor will serve as the local distributor for the brand. Leapmotor vehicles for the Indonesian market are also expected to be assembled locally while maintaining global...

News  Updated at: 2026/03/17

otaled 2.578 million units, down 18.9% y/y. Luxury car retail sales volumes totaled 130,000 units, down 12% y/y. Retail sales volumes of domestic brands totaled 630,000 units, down 30% y/y. Domestic brands had a market share of 61.2% of the total, down 4.3 percentage points y/y. Domestic brands’ NEV and export volumes grew notably. Retail sales volumes of mainstream joint venture brands totaled 270,000 units, down 19% y/y. Specifically, German ...

News  Updated at: 2026/03/16

Wuling Thailand targets 8,000 sales in 2026 with 5 new EV models planned Reported on March 9, 2026, EV Primus, a multi-brand EV distributor in Thailand, has launched two Wuling models: the Air EV city car and the Binguo EV, which initially attracted strong consumer interest due to its competitive pricing but later faced pressure from Thailand’s EV price war. EV Primus recently strengthened its strategy by forming a joint venture with SAIC-GM-Wu...

News  Updated at: 2026/03/13

Volkswagen Group annual conference 2026 Q&A: Strengthening cost efficiency while navigating regulatory and global market changes On March 10, Volkswagen Group held the Annual Media, Analyst and Investor Conference. The event was presented by Mr. Oliver Blume CEO and Mr. Arno Antlitz CFO & COO. Main Q&As Q1. What specific cost cutting measures are you considering to meet the Vision 2030 targets? A. [Oliver Blume CEO] Over the past three years we h...

News  Updated at: 2026/03/12

LG Energy Solution completes secondary battery plant in Canada LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it held a completion ceremony for the NextStar Energy Factory located in Windsor, Ontario, Canada. The new plant has a floor space of approximately 390,000 square meters, and its primary products are batteries for electric vehicles (EVs).  NextStar Energy was established...

News  Updated at: 2026/03/12

Minda Corporation, Turntide, UK to co-develop advanced EV motor controllers in India On March 9, Minda Corporation announced that its wholly owned subsidiary Spark Minda Green Mobility Systems Private Limited has signed a joint venture agreement with UK‑based Turntide Drives Limited to develop and manufacture advanced powertrain components for India’s EV market. The new India‑incorporated JV will build new‑generation high and low‑voltag...

News  Updated at: 2026/03/10

NextStar officially opens in Windsor as Canada’s only commercial-scale battery plant On March 5, NextStar Energy held the grand opening of its state-of-the-art facility in Windsor, Ontario, a milestone moment for Canada’s first and only commercial-scale advanced battery manufacturing company.  More than an EV battery producer, NextStar Energy is manufacturing battery cells for next-gen energy storage systems (ESS). The company is positioning...

News  Updated at: 2026/03/10

SK On reduces Georgia plant workforce by 37% as EV demand falls On March 6, several media sources reported that SK Battery America, a U.S. subsidiary of SK On, has laid off 958 workers at its plant in Commerce, Georgia, reducing its workforce by 37% to approximately 1,600 employees. The plant, which opened in January 2022 at a cost of USD 2.6 billion, had supplied cells for the Ford F-150 Lightning, which ended production at the Rouge Electric Ve...

News  Updated at: 2026/03/10

Frontier Lithium expands partnership with Panasonic and Mitsubishi Frontier Lithium Inc., a pre-production mining company focused on premium spodumene concentrates and battery-grade lithium salts for the EV and energy storage markets, signed a Memorandum of Understanding (MoU) with Panasonic Energy Co., Ltd. and Mitsubishi Corporation. Previously, Frontier and Mitsubishi established a joint venture to develop the PAK Lithium Project in Ontario, C...

News  Updated at: 2026/03/05

GAC Group aims to restore auto production, sales to 2-million-unit level in 2026 On February 26, GAC Group, at its Panyu headquarters, held a conference on 2026 key work deployment for high-quality development. At the conference, GAC Group clarified that in 2026, it aims to restore automobile production and sales to the 2-million-unit level, achieving positive growth in production value and sustained improvement in operating efficiency. Emphasize...

News  Updated at: 2026/03/02

Stellantis looking to expand JV to Leapmotor's powertrain and battery tech Stellantis is considering an expansion of the scope of its joint venture with Zhejiang Leapmotor Technologies Inc.  to use its more advanced battery and EV powertrain technology for its mass-market European Fiat, Opel and Peugeot brand vehicles, according to people familiar with the plans. Talks are at an early stage and would need to clear regulatory concerns around data...

News  Updated at: 2026/02/27

CV momentum? A: [Fabrice Cambolive, Chief Growth Officer] We do not see a deceleration. Our European results are robust and consistent. In 2026, we benefit from LCV recovery following the Master phase-in and phase-out, the renewal of Clio and expansion in A-segment with the new Twingo and new Dacia EV. We also have a stable C-segment position plus a new Dacia C-segment car, and we have also maintained international growth overall. We give priorit...

News  Updated at: 2026/02/24