Tube Investments, India acquires complete ownership of EV manufacturer TIVOLT On March 31, Tube Investments of India Limited announced that its subsidiary TI Clean Mobility Private Limited has acquired 30 million shares of TIVOLT Electric Vehicles Private Limited, representing 5.45% of the share capital of TIVOLT, for a consideration of INR 300 million. TIVOLT Electric Vehicles has become a wholly owned subsidiary of TI Clean Mobility.  TIVOLT E...

News  Updated at: 2026/04/01

Micron acquires PSMC’s facility in Tongluo, Taiwan for DRAM chips On March 15, Boise, Idaho-based Micron Technology announced it has completed the acquisition and assumed ownership of Powerchip Semiconductor Manufacturing Corporation’s (PSMC) P5 site in Tongluo, Miaoli County, Taiwan, under the acquisition agreement announced January 17, 2026. The new site will complement Micron’s existing operations in Taiwan nearby in Taichung.  The site...

News  Updated at: 2026/03/26

Taiwanese Minth Group, which acquires Nissan head office, to establish two plants in Aichi Prefecture, Japan Minth Group Limited (Minth Group, Taipei City, Taiwan), a Taiwanese automotive parts supplier that has purchased Nissan Motor Co., Ltd.'s head office in Yokohama City, plans to establish two plants in Aichi Prefecture, Japan, and also to actively pursue mergers and acquisitions (M&A). The company aims to achieve sales of JPY 100 billion or...

News  Updated at: 2026/03/23

KKR acquires minority stake in PMI Electro to grow electric bus fleets in India On March 18, 2026, KKR announced that its climate-focused funds will invest up to USD 310 million in a partnership with Allfleet India and PMI Electro Mobility, acquiring a majority stake in Allfleet and a minority stake in PMI Electro. Allfleet, set up by PMI in 2022, develops, owns, and operates large electric bus fleets under long-term concessions with state transp...

News  Updated at: 2026/03/18

EXEDY Corporation acquires in-wheel motor developer Protean Electric, UK On March 6, Protean Electric (Protean) announced that it had been acquired by EXEDY Corporation (EXEDY) from vehicle electrification technology provider BEDEO Group. Under the ownership of EXEDY, Protean will be able to meet the market demand for its in-wheel motors at an industrial scale and competitive cost.  It will enable the further development and market expansion of ...

News  Updated at: 2026/03/09

Sojitz acquires Jaguar Land Rover’s Dealer in Brazil, responding to growing premium car market Sojitz Corporation (Sojitz) announced on March 3 that it would enter the Jaguar Land Rover (JLR) dealership business in Brazil. On the same day, it acquired all shares in Premier Veiculos S.A. (Premier Veiculos), a local dealer, thereby making it a consolidated subsidiary. So far, the company has operated a retail business for BMW and Audi in Brazil. ...

News  Updated at: 2026/03/04

Toyoda Gosei acquires 100% stake in Ashimori Industry Toyoda Gosei Co., Ltd. (Toyoda Gosei) announced on March 2 that it has acquired all of the issued shares of Ashimori Industry Co., Ltd. (Ashimori Industry) on March 1 to make it a wholly owned subsidiary. Since the two companies signed a capital and business tie-up agreement in May 2021, they have established a cooperative system in the safety system business including air bags. In November 20...

News  Updated at: 2026/03/04

Harbinger, US, acquires Phantom AI, secures licensing agreement with ZF On February 25, Harbinger acquired autonomous driving company Phantom AI. In addition to this acquisition, Harbinger and ZF Group's ADAS business unit for passenger cars is also announcing a deal to license Phantom AI's computer vision for its passenger car ADAS products. Harbinger will also incorporate Phantom AI's computer vision into its medium-duty electric and hybrid veh...

News  Updated at: 2026/02/26

Tata AutoComp’s, India Artifex arm acquires IAC Slovakia On February 18, Tata AutoComp Systems Limited, through its British subsidiary Artifex Interior Systems, completed the 100% acquisition of IAC Group (Slovakia) s.r.o, which will now operate as ‘Artifex Systems Slovakia s.r.o’, strengthening its position as a key interiors and exteriors supplier to Jaguar Land Rover, Volkswagen, Audi, and Škoda in Europe. The deal is part of Tata AutoC...

News  Updated at: 2026/02/18

Blue Bird acquires Girardin stake in Micro Bird joint venture On February 17, Blue Bird Corporation, a leader in electric and low-emission school buses, announced it has signed an agreement to acquire Girardin Group’s stake in the 50/50 Micro Bird joint venture, for approximately USD 200 million, taking full ownership of the enterprise.  The transaction is expected to close in the first half of 2026, pending fulfillment of various closing cond...

News  Updated at: 2026/02/18

French government invests in EMILI lithium project, acquires minority stakes On February 11, Imerys announced that Banque des Territoires, acting on behalf of the French government, is investing in the EMILI project by acquiring a minority stake in the project. The transaction is expected to be finalised in the coming months.  The Government's EUR 50 million investment is intended to support the EMILI project in finalizing the definitive feasibi...

News  Updated at: 2026/02/13

Ouster acquires StereoLabs for unified Physical AI sensing, perception company On February 9, Ouster, Inc., a leader in sensing and perception for Physical AI, announced that on February 4, it closed the acquisition of StereoLabs SAS, a pioneer in AI vision and perception solutions. With this acquisition, Ouster now offers Physical AI's first unified sensing and perception platform, combining high-performance digital lidar, cameras, AI compute, s...

News  Updated at: 2026/02/10

Unipart acquires full ownership of battery manufacturer Hyperbat, UK On January 21, Unipart announced that it had acquired the remaining 50% shareholding in Hyperbat, the UK manufacturer of high-performance electric battery systems, bringing the business into full Unipart ownership. The acquisition marks a significant milestone in Unipart’s long-term commitment to electrification, advanced manufacturing, and the industrialisation of low-carbon ...

News  Updated at: 2026/01/29

Bekaert, Belgium acquires tire reinforcement business from Bridgestone in China and Thailand On January 28, Bekaert announced that it had reached an agreement with Bridgestone to acquire its tire reinforcement business in China and Thailand. The agreement includes a long-term supply arrangement and the transfer of two of Bridgestone’s captive tire cord manufacturing facilities. The acquisition is expected to close in the first half of 2026, s...

News  Updated at: 2026/01/28

ake to 18.18%. To compete against it, Pacific Industrial’s founder family raised its tender offer price from JPY 2,050 to JPY 2,919 in October 2025, and to JPY 3,036 in January 2026. It has won the competition, after several extensions of the offer period. Going forward, after the founding family acquires all outstanding shares, Pacific Industrial will be delisted. (From an article in the Nikkan Jidosha Shimbun on January 27, 2026)...

News  Updated at: 2026/01/28

DHL acquires 75 trucks from Mercedes-Benz in Brazil On January 19, Mercedes-Benz Trucks and Buses Brazil announced that DHL Supply Chain will acquire 25 Actros 2045 heavy-duty tractors. The company also renewed its fleet in 2025 with 40 Atego 2429 6x2 units and 10 Accelo 1117 trucks. The newly delivered Atego units left the factory in December already painted in DHL’s traditional yellow. DHL said that standardizing a large part of its fleet wit...

News  Updated at: 2026/01/20

Vector acquires StatInf’s RocqStat to boost software verification in SDVs and beyond Vector Informatik GmbH (Vector) has acquired StatInf’s RocqStat software technology and expert team to enhance its timing analysis and worst-case execution time (WCET) estimation capabilities. The acquisition addresses the increasing demand for reliable software verification in safety-critical systems across software-defined vehicles (SDVs) and other software...

News  Updated at: 2026/01/19

Toyota-backed Joby Aviation acquires second Ohio manufacturing facility On January 7, Joby Aviation, Inc., a company developing electric air taxis for commercial passenger service, announced it has signed an agreement to acquire a manufacturing facility in the Dayton, Ohio area spanning more than 700,000 square feet. The facility, which will begin operations this year, will initially support Joby’s plans to double production to four S4 aircraft...

News  Updated at: 2026/01/08

Benteler acquires ioki from Deutsche Bahn Benteler Group has signed an agreement to acquire ioki GmbH, the leading European provider of software-based mobility solutions, from Deutsche Bahn AG. The transaction is expected to close soon. The acquisition enables HOLON, ioki, and Benteler Mobility to form the first European full-service provider for autonomous mobility. HOLON manufactures the autonomous HOLON urban shuttle, ioki contributes platform...

News  Updated at: 2026/01/07

Toyota Tsusho acquires Toyota and Hino Distributor Business in Ghana, Africa On January 5, Toyota Tsusho Corporation announced that Toyota Tsusho Manufacturing Ghana Co. Limited (TTMG), which falls under its subsidiary CFAO SAS (CFAO), has acquired the Toyota and Hino distributor business from Toyota Ghana Limited Company (TGLC) on December 31, 2025, in the Republic of Ghana. TTMG currently handles the assembly of Toyota and Suzuki vehicles sold ...

News  Updated at: 2026/01/05