President Xi Jinping will arrive in Canada in July. "Geely EVs will ⁠be arriving in Canada next month and they will be holding a ceremony when the cars are delivered in Montreal," Wang said. The Lotus Eletre models will be the first Chinese-owned and manufactured vehicles for ‌sale under the ⁠agreement that allows up ‌to 49,000 Chinese EVs to enter Canada annually at ‌a reduced tariff rate.Tesla has already started importing its Gigafac...

News  Updated at: 2026/06/30

lab, moved to Renault's Flins innovation center with a replica of the Douai wheel workshop, and then to the factory. Weekly updates helped improve the robot by adjusting the camera height, shortening its legs, and refining the software. Renault Group invested in Wandercraft and signed a partnership agreement. The plan is to deploy around 10 robots by the end of 2026 and 350 robots Renault's factories in France and Spain by the end of 2027. Curren...

News  Updated at: 2026/06/29

AFA and Steron International announce agreement for lithium and rare earth development in Nigeria On June 25, AFNIS Insights, the official news and intelligence platform of the African Natural Resources and Energy Investment Summit, announced that Africans for Africa (AFA) Initiative and Steron Mining Company Ltd (Steron) signed a memorandum of understanding (MOU) to accelerate the development of critical minerals in Nigeria. This partnership wil...

News  Updated at: 2026/06/29

Bermaz Auto, Mobitech mutually end Deepal distribution partnership in Malaysia On June 26, 2026, Bermaz Auto Berhad (BAuto) announced that its 85%-owned subsidiary, Bermaz Changan Sdn Bhd (BCSB), had mutually agreed with Mobitech Co. Ltd., a wholly owned subsidiary of Chongqing Changan Automobile Co. Ltd., to terminate the distribution agreement for Deepal-branded electric vehicles, spare parts, and after-sales services in Malaysia, effective imm...

News  Updated at: 2026/06/29

Argentina-Mexico automotive agreement on duty-free quota remains on hold On June 10, it was reported that negotiations to renew the Argentina-Mexico automotive agreement on duty-free import quota remain stalled, nearly three months after the previous pact expired on March 18, 2026. The automotive agreement, Annex I of the Economic Complementation Agreement (ACE) No. 55, allows duty-free vehicle imports within an annual quota of USD 773 million. W...

News  Updated at: 2026/06/29

ermal-runaway-prevention materials and fire-suppression systems for electric vehicle (EV) batteries in the Chinese market. AGW has a network of major automobile and battery manufacturers in China, including Chery. Under the MOU, the two companies plan to enter into a definitive business partnership agreement in 2026 to expand their operations in the Chinese EV market. NanoTIM has already begun mass-producing and supplying thermal runaway preventi...

News  Updated at: 2026/06/26

CaoCao Mobility signs strategic cooperation agreement with Butong Group to explore innovative family mobility service models Caocao Mobility announced on June 24 that it has recently signed a strategic cooperation framework agreement with Butong Group. The two parties will engage in in-depth collaboration across corporate mobility services, interoperability of membership systems, child safety seat solutions, and the coordination of technologies a...

News  Updated at: 2026/06/26

CaoCao plans to deploy its first robotaxi fleet in Abu Dhabi, UAE, in 2026 On June 26, CaoCao Inc. announced that it has recently signed a strategic cooperation agreement with K2, an Abu Dhabi government-owned AI technology company. Local testing and validation activities will commence in Abu Dhabi this year, alongside the planned deployment of CaoCao's first Robotaxi fleet in the UAE. K2 will leverage its extensive local resources, strategic par...

News  Updated at: 2026/06/26

El-Khanagry and Delemar announce partnership to produce sunroofs in Egypt On June 25, El-Khanagry Group and Delemar Automotive, a subsidiary of Delmar Industrial Group, announced a partnership to develop, manufacture, assemble, and supply smart automotive sunroof systems in Egypt with over 75% local content. Under the agreement, Delemar Automotive will be responsible for designing and manufacturing specialized glass for sunroof systems in accorda...

News  Updated at: 2026/06/26

VW expecting EUR 7.4 billion in proceeds by selling 51% stake in Everllence On June 24, VW Group announced an exclusive agreement with Bain Capital for the sale of a 51% stake in Everllence (formerly MAN Energy Solutions), a leading global provider of propulsion, decarbonization and efficiency solutions for the maritime, energy and industrial sectors. The transaction is expected to generate proceeds of approximately EUR 7.4 billion. The move is e...

News  Updated at: 2026/06/26

Alyans Auto, InFinBank, and LBBW, Germany, sign agreement on VW car project in Uzbekistan On June 24, InFinBank, the German Landesbank Baden-Wurttemberg (LBBW) and the Alyans Auto signed a tripartite cooperation agreement. The document defines the framework for cooperation in implementing a project to gradually localize the import and production of components for Volkswagen (VW) brand cars in the Republic of Uzbekistan. The project aims to organi...

News  Updated at: 2026/06/25

Antolin reaches agreement with key banks to refinance its debt Grupo Antolin-Irausa, S.A. (Antolin) has entered into an agreement with Banco Santander, BBVA, CaixaBank, Banco Sabadell, and Bankinter to refinance its debt. The transaction is intended to extend the maturity of the group’s debt until 2030 or later and provide a long-term working capital facility of up to EUR 220 million, aimed at strengthening business development and operational ...

News  Updated at: 2026/06/25

Coretura, Sweden, and Accenture partner to develop software-defined commercial vehicles On June 24, Coretura, a 50:50 joint venture between Daimler Truck and Volvo Group, signed an engineering agreement with Accenture to accelerate the development of its software platform for trucks, buses, and other medium and heavy-duty commercial vehicles. The collaboration supports Coretura’s current roadmap to deliver first commercialized products toward t...

News  Updated at: 2026/06/24

Geely Farizon and Towngas join forces to advance Hong Kong’s methanol energy ecosystem development On June 22, Zhejiang Geely Farizon New Energy Commercial Vehicle Group Co., Ltd (Geely Farizon) announced that it has officially signed a strategic cooperation agreement with the Hong Kong and China Gas Company Limited (Towngas). The two parties will collaborate in key areas including methanol fuel supply, refueling infrastructure construction, an...

News  Updated at: 2026/06/24

WeRide signs cooperation agreement with Geely Farizon and Kwoon Chung Bus to jointly develop right-hand drive Robotaxi models On June 22, WeRide, Inc. (WeRide) announced that it has signed a strategic cooperation agreement with Geely Farizon and Hong Kong transport operator Kwoon Chung Bus Holdings (“Kwoon Chung Bus”) at the 2026 International Automotive & Supply Chain Expo in Hong Kong. The three parties will leverage the existing OEM-integr...

News  Updated at: 2026/06/24

Quanzhou Transportation Development Group and CATL sign strategic cooperation agreement CATL announced that it has signed a strategic cooperation framework agreement with Quanzhou Transportation Development Group. The two parties will cooperate in areas including automotive aftermarket services, the joint development of a region-wide charging and battery-swapping network, battery recycling and reuse, as well as the low-altitude economy. According...

News  Updated at: 2026/06/24

Mexico and Canada have formed common front on USMCA, says President Sheinbaum Mexico and Canada have aligned their positions ahead of key July 1 talks on the U.S.-Mexico-Canada Agreement (USMCA), according to Mexican President Claudia Sheinbaum. While both countries formally back a 16-year extension, the U.S. has not yet stated a position.  Responding to a question from CBC News during her regular weekday conference, Sheinbaum noted that "We hav...

News  Updated at: 2026/06/24

ly expand their RHD model offerings across key segments, including intelligent family mobility, premium luxury, and professional off-road applications, continuously improving Dongfeng’s full-tier RHD product portfolio. At the event, China Dongfeng Motor Industry Import & Export Co., Ltd signed an agreement for a 3,000-unit order for the Hong Kong market in 2026, further deepening its retail market penetration. At the same time, Dongfeng Motor a...

News  Updated at: 2026/06/23

ed mobility service integration and in-vehicle music content recommendation. In addition, CaoCao Mobility announced the launch of its Robotaxi business in Hong Kong, positioning the city as the first stop of its international expansion under the RoboX strategy. It has signed a strategic cooperation agreement with Octopus Cards Limited, under which the two parties will establish a joint venture to upgrade compliant ride-hailing services and jointl...

News  Updated at: 2026/06/23

RC Southeast Asia Testing and Certification Service Co., Ltd. have signed a Memorandum of Understanding (MOU) to enhance automotive testing, certification, and standards development capabilities in Thailand while supporting research on automotive standards and regulations in Thailand and ASEAN. The agreement continues cooperation between TAI and China Automotive Technology and Research Center (CATARC) that began in 2023. It follows the establishm...

News  Updated at: 2026/06/23