s toward advanced manufacturing automation for batteries and battery recycling. The financing is backed by InvestEU, under which the EIB has already mobilised over EUR 4 billion in Italy as part of TechEU, the EIB Group’s EUR 70 billion initiative to increase innovation across Europe. Most of the investments will take place in Italy, mainly in Turin and Bari. Based on EIB press release...

News  Updated at: 2025/12/24

Motherson, India, to acquire 100% of wiring harness business of Nexans Autoelectric GmbH On December 22, Samvardhana Motherson International Limited (SAMIL) announced that it has entered negotiations through its subsidiary Motherson Global Investments B.V. to acquire 100% of the global wiring harness business of Nexans autoelectric GmbH (“AutoElectric”). The enterprise value of the transaction is EUR 207 million, with closure expected by Q1FY...

News  Updated at: 2025/12/23

ii) Zhejiang Jinwo Precision Machinery, a specialist in bearing rings and precision parts for EVs and machinery; and (iii) Zhejiang XCC Group, a producer of bearings and precision components for EVs and robotics. All three plan to establish manufacturing bases in Thailand, with combined first-phase investments exceeding THB 7 billion.From 2020 to September 2025, Chinese investors filed 2,459 BOI applications worth over THB 610 billion. In the fir...

News  Updated at: 2025/12/22

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

VWCO finds new importer in Costa Rica On December 15, Volkswagen Caminhões e Ônibus announced that Grupo Purdy has become the new importer of VW Camiones y Buses in Costa Rica, as part of its strategy to expand in Central America. The partnership is supported by investments in infrastructure, technical training, inventory, and the strengthening of a national service network to support commercial vehicle operations across the country. Grupo Purd...

News  Updated at: 2025/12/18

ast from 3% to 4% for the sector in 2026. Based on an estimated revenue of BRL 275.8 billion in 2025, the sector is now projected to reach BRL 286.8 billion next year. The expected growth, however, would be slower than the 6.5% expansion recorded in 2025 compared with 2024. Sindipeças also expects investments in 2026 to remain stable at BRL 6.6 billion, the same level as in 2025, supported by the implementation of Brazil’s Mover automotive pro...

News  Updated at: 2025/12/18

Tesla restarts battery pack production at Grünheide Gigafactory in Germany On December 16, multiple sources reported that Tesla has restarted battery pack production at its Grünheide Gigafactory in Germany, following major investments in new technology and plant engineering, making it Tesla’s most automated battery factory. The Grünheide plant will be equipped to produce up to 8 GWh of battery cells per year, starting as early as 2027. The ...

News  Updated at: 2025/12/17

tion, it as an opportunity for us to provide various customers locally with the production capacity of our numerous production operations located around the world. However, if a customer moves their production operations to countries, we will do the same while keeping a good balance in terms of our investments and scale of operations, in order to avoid the risk of losing customers. Q3. What are you doing in response to countries with the risks of...

News  Updated at: 2025/12/16

Tire’s President & CEO, Takashi Shimizu, at a press conference held at its head office (Itami City, Hyogo Prefecture) on December 9. The company’s sales of large-diameter tires for SUVs and pickups are strong in the US, and demand for its truck and bus tires is high. Through large-scale capital investments, it will increase its supply capability for these key products. The company has been promoting the reorganization of its global production...

News  Updated at: 2025/12/16

under the Medium- to Long-term Plan. Nippon Steel intends to primarily invest in overseas, and a total of about JPY 4 trillion, including an investment of USD 11 billion in the enhancement of USS’s production capacity, will be invested overseas. It is the first time that Nippon Steel’s overseas investments will exceed its domestic investments. (From an article in the Nikkan Jidosha Shimbun on December 16, 2025)...

News  Updated at: 2025/12/16

Egyptian ambassador discusses investments in Egypt with Mitsubishi Motors On December 9, the Embassy of the Arab Republic of Egypt in Tokyo, in a social media post, announced that the Egyptian ambassador held a meeting with Mitsubishi Motors executives to discuss prospects for enhancing industrial and investment cooperation. The meeting focused on opportunities for Mitsubishi Motors to expand its business in Egypt, including cooperation in vehicl...

News  Updated at: 2025/12/11

AUMOVIO to cut 641 jobs across three locations in Romania by 2026 Multiple media sources reported that AUMOVIO SE (Formerly the Automotive group sector of Continental) will cut 641 jobs at its three locations in Romania by the end of 2026. As part of its global strategy to optimize operations and shift R&D investments towards advanced technologies, the plan affects 288 positions in Iași, 117 in Sibiu, and 236 in Timișoara. The reductions will i...

News  Updated at: 2025/12/10

ons. Phase 2 will see Kim Long Motor and YUCHAI Group introduce automated machining for key engine parts, increase localization of brackets and support components, and establish forging–stamping and casting operations, forming a comprehensive industrial support chain within the Hue complex. These investments advance the target of 80% localized engine production and reinforce the Hue Industrial Park’s ambition to become a leading automotive ma...

News  Updated at: 2025/12/09

Japanese subsidiary of Aumovio holds business policy briefing session Aumovio Corporation (Aumovio, Kanagawa Ward, Yokohama City), a Japanese subsidiary of Aumovio SE, which was spun off from the automotive segment of Germany-based Continental AG, held a business policy briefing session in Tokyo. Investments in Japan and transfer of authority are expected to progress. The Japanese subsidiary has about 1,300 employees and 12 footholds including tw...

News  Updated at: 2025/12/09

an unit, as it prepares to start producing the Twingo E-Tech electric car next year. The support includes up to EUR 21.1 million for a EUR 109 million investment in EV production and up to EUR 3.6 million for a EUR 14 million project to expand component injection molding and painting capacity. Both investments are part of a July 2024 agreement between the government and Revoz to support the development and production of the Renault Twingo E-Tech ...

News  Updated at: 2025/12/08

Ebusco, Netherlands secures EUR 5.1 million loan to support bus deliveries On December 3, Ebusco announced that it has secured a EUR 5.1 million working capital bridge loan to support the continued delivery of its buses. The loan has been secured from CVI Investments Inc., De Engh B.V., Peter Bijvelds Holding Erp B.V., and N-Works B.V., the holding company of interim CFO Roel Nagelmaeker. All four lenders are also shareholders in Ebusco. The loan...

News  Updated at: 2025/12/04

SIGIT Group, Italy, discusses investments in Algeria On December 2, SIGIT Group held a meeting with the Ambassador of the Sultanate of Oman in Algiers. The discussion focused on SIGIT’s industrial investments in Algeria, with a particular emphasis on the automotive sector and raw materials such as plastics and aluminium, supporting both the Algerian and European markets.  The participation of the Oman Investment Authority in SIGIT’s sharehol...

News  Updated at: 2025/12/03

iency, and reduce operational emissions. After successful trials at EPMC, the next phase will begin at JLR’s large Logistics Operations Centre in Solihull, where the drone will use barcode scanners to automate and speed up inventory checks. The initiative is part of JLR’s GBP 3.8 billion annual investments into industrial transformation, new products and technology. Based on JLR press release...

News  Updated at: 2025/12/03

fang Automotive Co., Ltd., a wholly-owned subsidiary. Contemporary Amperex Technology Co., Ltd. (CATL), an existing shareholder of Jiefang-CATL, plans to increase a CNY 191 million investment in the company, while TELD New Energy Co., Ltd. (TELD), a new investor, will contribute CNY 30 million. The investments from FAW Jiefang Group, CATL, and TELD amount to CNY 412 million and will, upon completion, set their respective shareholding ratios at 47...

News  Updated at: 2025/12/03

wet-process lithium-ion separator business to support growing demand in the automotive markets of Japan, Korea, and North America. The divestiture aligns with the company’s “Trailblaze Together” management plan, which emphasizes capital efficiency and profit growth by generating returns from investments, following earlier moves such as exiting the methyl methacrylate (MMA) business and expanding capacity for advanced semiconductor material...

News  Updated at: 2025/12/03