Ola Electric, India founder sells small stake to clear INR 2.6 billion loan On December 16, 2025, Ola Electric Mobility Limited announced that its founder-promoter has sold a small part of his personal shares one time to fully repay a promoter-level loan of INR 2.6 billion, which will free up the 3.93% shares that were pledged. After this, the promoter group will still own around 34% of Ola Electric, and the company has said there is no change in...

News  Updated at: 2025/12/19

Egypt approves project of Prometeon Tires Company On December 16, the Ministry of Trade and Industry in Egypt approved Prometeon Tires Company's request to establish a new project within the special free zones system, with investments of USD 300 million. The company will produce tires for heavy transport vehicles, engineering equipment, and agricultural tractors, and later passenger car tires. The ministry will provide comprehensive support to th...

News  Updated at: 2025/12/19

fully recyclable polyester-based interior and exterior components for the Polestar 5 electric grand tourer, which was revealed at IAA Mobility 2025 and is available in 24 markets. Developed over five years in close collaboration with Polestar, Autoneum’s monomaterial recycled polyester and latex-free components enhance acoustic comfort and thermal performance. They are produced with minimal energy and water consumption, reducing CO2 emissions....

News  Updated at: 2025/12/18

ems with an integrated camera and adaptive warning based on a driver’s gaze to help reduce distracted driving. It will also present a new EV platform that combines ultra-compact and optimized thermal management systems for improved aerodynamic and fast charging, versatile eAxles (magnet or magnet-free), and advanced power electronics to enhance electric range, battery life, and passenger comfort. Other highlights include the new Valeo Scala 3 E...

News  Updated at: 2025/12/18

10-speed automatic transmission. The Honda i-VTM4 all-wheel drive system is available on all grades and is standard on TrailSport, Every 2026 Honda Pilot now features a new ultra-wide 12.3-inch touchscreen (37% larger than the previous model year) powered by the latest HMI software for smooth, lag-free performance, and a 43% larger 10.2-inch digital driver display offering enhanced visibility and a more immersive driving experience. The Honda Se...

News  Updated at: 2025/12/18

Hyundai, Kia agree to repair anti-theft technology in 9 million U.S. vehicles On December 16, Minnesota's attorney general announced a U.S. nationwide settlement with Hyundai and Kia in which the companies agreed to offer free repairs to 9 million vehicles from 2011 through 2022, which could cost the two companies over USD 500 million. Under the settlement, Hyundai and Kia will install a zinc sleeve to stop would-be thieves from cracking open a ...

News  Updated at: 2025/12/18

te level to support the zero- and low-emission vehicle uptake by large companies. The package proposes EUR 1.8 billion Battery Booster which accelerates development of a fully EU-made battery value chain. As part of this, EUR 1.5 billion will support European battery cell producers through interest-free loans. It also introduces a new vehicle category under the Small Affordable Cars initiative, covering electric vehicles up to 4.2 meters in lengt...

News  Updated at: 2025/12/17

l being developed, of cross reality (XR) technology that provides information to enhance interior space in vehicles, making it possible to display images/videos by overlaying virtual CG in the real world via a transparent display. Faltec also has an exhibit that displays a front grille with a paint-free 3D gradation decoration. In addition, the company is also exhibiting what it calls "CoRoMoCo," a robot that supports communication in nursing car...

News  Updated at: 2025/12/16

Legend Holding Group, UAE, expands automotive operations in Jebel Ali Free Zone (Jafza) On December 11, Legend Holding Group announced an AED 500 million expansion of its automotive operations in Jebel Ali Free Zone (Jafza), developing a one-million-square-foot regional headquarters, motorcycle assembly line and export hub within an integrated automotive ecosystem. The new complex will serve as Legend Motors’ primary base for vehicle storage, p...

News  Updated at: 2025/12/15

Mexico approves tariffs on Asian origin products On December 11, it was reported that Mexico’s Senate approved a measure to increase import tariffs by up to 50% on more than 1,400 product categories from countries without free trade agreements, mainly targeting China. The bill, proposed by President Claudia Sheinbaum and passed with 76 votes in favor and five against, completes the legislative process after being approved by the Chamber of Depu...

News  Updated at: 2025/12/12

inning late 2026.    • Rivian introduced its Large Driving Model (LDM). Using Group-Relative Policy Optimization, the LDM is designed to distill high-quality driving behaviors from massive real-world datasets into Rivian vehicles.    • Near-term software improvements include Universal Hands-Free (UHF) capability for second-generation R1 vehicles, enabling hands-free assisted driving on more than 3.5 million miles of roads across the U.S. ...

News  Updated at: 2025/12/12

mission (FTC) announced on December 8 that they will strengthen monitoring in the automotive industry, as violations of the Act against the Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors are frequently occurring, such as automobile manufacturers and suppliers asking to store molds free of charge. They also reiterated their requests to industry groups such as the Japan Automobile Manufacturers Association (JAMA) to ensure fair tr...

News  Updated at: 2025/12/10

. A spokesperson for Carney said he "had many occasions for constructive discussions" with both Trump and Sheinbaum, and that "They’ve agreed to keep working together on CUSMA (the Canadian name for USMCA)." Mexico and Canada have been searching for tariff off-ramps while making the case for duty-free continental trade as Trump threatens to pull the U.S. out of the USMCA agreement. Trump said earlier in the day the three leaders would talk abou...

News  Updated at: 2025/12/09

will need strong connectivity. The company is testing short-range communication and 5G to allow cars to exchange traffic and road information with each other and with infrastructure. Stellantis is also expanding its ADAS features, including tools such as real-time traffic updates and Level 2+ hands-free highway driving. Based on Stellantis press release...

News  Updated at: 2025/12/05

VW converts Dresden plant into Innovation Campus, to end ID.3 EV production by 2026 On December 4, Volkswagen announced that it is preparing to transform the Transparent Factory in Dresden, Germany, into an innovation campus. Starting next year, and in partnership with the Free State of Saxony and Dresden University of Technology, the site will focus on fields such as AI, robotics, microelectronics, and chip design. A letter of intent has been si...

News  Updated at: 2025/12/04

rior study for each tariff classification affected by Mexico’s proposed reform to the General Import and Export Tariff Law. The initiative, currently under review in the Chamber of Deputies, seeks to impose tariffs ranging from 10% to 50% on vehicles and auto parts imported from countries without free trade agreements, particularly China. Anapsa President Alberto Bustamante warned that over 1,400 tariff codes would be impacted, affecting essent...

News  Updated at: 2025/12/04

master control units (HP MCU) for software-defined vehicles, which serves as a central, cross-domain integration platform for powertrain functions. Other exhibits include the VoltShield-P insulation bearing for e-motors and thermal management solutions for per- and polyfluoroalkyl substances (PFAS)-free refrigerants. (From a press release dated December 2, 2025)...

News  Updated at: 2025/12/04

rom penetrating the battery during accidents. Its thermoplastic material offers inherent thermal insulation, helping maintain stable battery temperatures and reducing the risk of thermal runaway, thereby enhancing battery safety and longevity. In addition, the fiber-reinforced plastic enables waste-free manufacturing and requires less energy than steel or aluminum, reducing CO2 emissions during both production and vehicle operation. (From a press...

News  Updated at: 2025/12/04

ay, enabling users to hail fully driverless vehicles via the DiDi mobile application. For every fully driverless vehicle dispatched, passengers can either unlock the doors via the application order page or trigger automatic unlocking by approaching the intended door. During the trip, passengers are free to update the destination or end the ride at a nearby safe location. To date, DiDi Autonomous Driving’s autonomous driving technology has demon...

News  Updated at: 2025/12/04

drive battery output power due to conformity issues in drive battery pack production and will fail to activate EV mode in extreme cases, posing safety hazards. BYD Industry and BYD Auto will entrust authorized dealers to upgrade the in-vehicle detection programs for these vehicles via an OTA update free of charge. When a drive battery pack anomaly is detected, the battery fault light on the instrument panel will come on to remind the user to head...

News  Updated at: 2025/12/04