Kongsberg Automotive acquires Chassis Autonomy SBA AB, Sweden On August 12, Kongsberg Automotive (KA) announced that it has, through its subsidiary Kongsberg Automotive AS, decided to exercise its call option to acquire the remaining 75% of the shares in Chassis Autonomy SBA AB (CA). Following the transaction, KA will hold 100 % of the shares in CA, and the transaction is planned to be completed this week.  This acquisition marks a strategic bid...

News  Updated at: 2025/08/12

Hyroad Energy acquires 113 hydrogen fuel cell trucks, assets from Nikola bankruptcy auction Hyroad Energy has acquired 113 hydrogen fuel cell trucks, along with spare parts, software platforms, and intellectual property assets from Nikola Corporation’s bankruptcy auction. The purchase expands Hyroad’s fleet and supports its pay-per-mile truck-as-a-service model for zero-emission Class 8 vehicles. The company plans to deploy the trucks primari...

News  Updated at: 2025/08/12

Glencore, Switzerland acquires Li-Cycle On August 7, Li-Cycle Holdings Corp. announced the completion of the sale of certain of its subsidiaries and assets to an affiliate of Glencore Canada Corporation. The sale includes Li-Cycle’s Germany, Arizona, Alabama, New York, and Ontario Spokes; its Rochester Hub project; and its intellectual property portfolio. Glencore has also assumed certain of Li-Cycle’s liabilities. Li-Cycle is a leading globa...

News  Updated at: 2025/08/11

NWTN, UAE acquires usage rights of JW Corporation's CKD plant in Pakistan On August 11, NWTN Inc. executed an Asset Contribution and Share Issuance Agreement (SPA) with Pakistan's industrial group JW Corporation. It grants NWTN exclusive usage rights to JW Corporation's complete knock-down (CKD) automotive assembly facility in Lahore's China-Pakistan Special Economic Zone (JW-SEZ) and access to JW Corporation's nationwide network of over 400 sale...

News  Updated at: 2025/08/11

ZAPI GROUP, Italy acquires majority of Stercom Power, Germany On August 6, ZAPI GROUP announced the acquisition of the majority of Stercom Power Solutions, a pioneer in intelligent charging and energy storage systems based in Germany. The acquisition enhances ZAPI GROUP’s charging solutions portfolio and technical capabilities while also extending its market reach in key growth sectors such as high-voltage on-board charging and energy storage s...

News  Updated at: 2025/08/08

DFMC Voyah acquires Yunfeng plant for CNY 723 million According to multiple press releases dated July 30, Voyah, a Dongfeng Motor Corporation (DFMC) sub-brand, completed the acquisition of the Yunfeng plant in Wuhan for CNY 723 million. The Yunfeng plant, formerly Dongfeng Nissan’s Wuhan plant, went into operation in May 2022, with an annual production capacity of 150,000 vehicles that can be ramped up to 300,000. Coming with five manufacturing...

News  Updated at: 2025/08/04

Renault takes full control of Chennai plant in India, acquires Nissan’s 51% stake in RNAIPL On August 1, Renault Group announced it had acquired Nissan’s remaining 51% stake in their joint manufacturing company, Renault Nissan Automotive India Private Ltd (RNAIPL), making Renault the sole owner of the Chennai plant. With this acquisition, RNAIPL will now be fully consolidated into Renault Group’s financial statements. Renault stated that th...

News  Updated at: 2025/08/01

Pavna Industries, India acquires land for future expansion On July 31, Pavna Industries Limited announced the acquisition of approximately 4.64 acres of land within approximately 80 kilometers of the upcoming Jewar Airport in Uttar Pradesh. This strategic land acquisition is in line with its vision of long-term capacity expansion and infrastructure development to support anticipated growth in demand and cater to a wider client base.  The company...

News  Updated at: 2025/08/01

Meta Bright acquires 3 key charging projects in first major move under ChargeHere JV in Malaysia Announced on July 21, 2025, Meta Bright Group Berhad’s 51%-owned subsidiary, Meta Bright ChargeSini (MBC), had taken full control of three key EV charging station projects from joint venture partner ChargeHere EV Solution through a strategic novation agreement. The agreement grants MBC full operational authority and revenue rights, immediately enhan...

News  Updated at: 2025/07/23

Pronto.ai acquires SafeAI for multi-sensor autonomous solutions On July 15, Pronto.ai, Inc., the industry leader in scalable, affordable, OEM-agnostic Autonomous Haulage Systems (AHS), announced it has completed its acquisition of SafeAI Inc., another pioneer in safety-focused, multi-sensor autonomous solutions for heavy industry. The transaction further establishes Pronto as the world's most capable and technologically advanced autonomy provider...

News  Updated at: 2025/07/19

Somic Ishikawa, Japan acquires 100% stake in Somic ZF components from ZF India On July 9, ZF India and Japan-based Somic Ishikawa Inc. announced the signing of an agreement for the acquisition of 100% shareholding in Somic ZF Components Pvt. Ltd. by Somic Ishikawa. The transaction transitions the former joint venture into a wholly owned subsidiary of the Somic Group. The financial details of the deal were not disclosed. Following the acquisition,...

News  Updated at: 2025/07/10

Gabriel India to form joint venture with South Korea’s Jinos, acquires 51% Stake in JAIPL On July 9, Gabriel India Limited announced that it will enter a joint venture with South Korea-based Jinos Co., Ltd. by subscribing to equity shares of Jinhap Automotive India Private Limited (JAIPL). Gabriel India will invest INR 268.3 million to acquire a 51% stake in JAIPL, making it a subsidiary of the company. The remaining 49% will be held by Jinos, ...

News  Updated at: 2025/07/09

Applied Intuition, US acquires Reblika’s technology for creating 3D digital humans On July 8, Applied Intuition, Inc., announced its acquisition of Reblika’s generative AI technology for creating fully configurable 3D digital humans. This strategic acquisition enhances the realism and diversity of Applied Intuition’s digital human library, virtual representations used to safely and effectively test autonomous systems in simulation.  Reblik...

News  Updated at: 2025/07/09

Toyota acquires former site of Shinpo Ryokuchi Sports Park in Tokai City for JPY 4.4 billion Toyota Motor Corporation (Toyota) has acquired the old site of Shinpo Ryokuchi Sports Park in Shinpo Town, Tokai City, Aichi Prefecture, for JPY 4.4 billion. The site has about 73,750 square meters of land. Toyota will utilize the site as a logistics center for vehicles. The acquisition contract was signed on June 30. (From an article in the Nikkan Jidosh...

News  Updated at: 2025/07/07

MaxVolt Energy, India acquires land in Aligarh for lithium battery recycling On July 1, MaxVolt Energy Industries Limited, a lithium-ion battery technology and clean energy solutions company, announced the acquisition of 23,524 square meters of industrial land in Aligarh, Uttar Pradesh, with support from the Uttar Pradesh MSME Department. In the first phase, the company plans to establish a lithium battery recycling facility with a projected annu...

News  Updated at: 2025/07/04

Lyten acquires Northvolt’s Dwa ESS operations in Gdansk, Poland On July 1, San Jose, California-based Lyten, a global leader in lithium-sulfur batteries, announced the acquisition of Northvolt’s Dwa ESS operations in Gdansk, Poland.  The 25,000 square meter (270,000 sq ft) battery energy storage systems (BESS) manufacturing and R&D facility is the largest BESS manufacturing facility in Europe and was part of Northvolt Systems. Lyten and Nort...

News  Updated at: 2025/07/03

Yazaki acquires site of Jatco’s former Kakegawa Plant On June 30, Yazaki Corporation (Yazaki) announced that it has acquired the site of the former Kakegawa Plant (approximately 96,000 square meters) of Jatco Ltd. in Kakegawa City, Shizuoka Prefecture. Yazaki will designate it as a plant for electrification-related products, aiming to begin operations at the plant by the end of 2026. The company is expected to invest a maximum of JPY 20 billion...

News  Updated at: 2025/07/01

indiGO Technologies, US acquires Estonian autonomous vehicle developer Clevon On June 19, Invest in Estonia announced that US tech company indiGO Technologies has acquired Estonian autonomous vehicle developer Clevon. Clevon will now operate under a new brand and American leadership. The acquisition, completed through a share swap, gives indiGO a 96.04% stake in Clevon AS.  The deal will be a big pivot for Clevon, which originally developed auto...

News  Updated at: 2025/06/20

HARMAN acquires assets of intelligent sensing solutions provider Cipia, Israel On June 17, HARMAN International announced the asset acquisition of Cipia, a leading provider of driver and occupancy monitoring systems (DMS and OMS) for the global automotive industry. Cipia’s edge-based computer vision and AI technologies are already embedded in HARMAN’s Ready Care product, the industry’s first in-cabin monitoring system capable of measuring b...

News  Updated at: 2025/06/18

CIE Automotive acquires Brazilian company Techniplas On June 17, CIE Automotive announced the acquisition of 100% of the share capital of Weidplas Brasil Indústria e Comércio De Plásticos, Ltda. (hereinafter, ‘Techniplas Brazil’), a Brazilian subsidiary of the Techniplas Group, for an enterprise value of around EUR 65 million. Techniplas Brazil, based in Piracicaba (São Paulo), has around 600 employees and 2024 sales of approximately EUR ...

News  Updated at: 2025/06/17