commitment line agreement with Mizuho Bank, Ltd. (Mizuho Bank) and other institutions to receive a loan of up to JPY 100 billion without credit screening. The fund will be used for "growth investment" such as research and development for vehicles and next-generation technologies, as well as capital investments. Amid drastic changes in the market environment, it has established a framework that enables it to quickly and flexibly secure business fu...

News  Updated at: 2026/04/02

invest more than USD 150 million in its Saginaw Metal Casting Operations to support the production of the sixth -generation of GM’s V8 engine blocks and heads used in its full-size pickup trucks with new equipment and tooling. This latest commitment builds on the approximately USD 5.5 billion in investments GM made in 2025. In January 2023, the company announced a half-billion-dollar investment in its Flint Engine plant for production of the s...

News  Updated at: 2026/04/02

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

South African president discussed investment with Toyota On March 31, the President of South Africa met with executives of Toyota South Africa Motors at the sidelines of the Sixth South Africa Investment Conference (SAIC) and discussed investments in green mobility. The discussion focuses on hybrid electric and hydrogen fuel cell technologies, as well as local battery assembly and supplier development. Toyota South Africa Motors will invest ZAR 1...

News  Updated at: 2026/04/01

AYD to invest in Turkiye for brake technologies On March 25, AYD Automotive Industry announced new-generation production investments in Konya.  Investments will be realized in Konya 5th and 6th Organized Industrial Zones. It will initially create employment for 2,000 people. It aims to establish one of the world’s largest production infrastructures in brake technologies in Konya. Based on press release from AYD Automotive Industry...

News  Updated at: 2026/03/31

Natural Gas and Electric Vehicles (PiCNG & EV). The Initiative will continue to drive the deployment of CNG infrastructure, CNG vehicles and equipment, and nationwide conversion programmes. It will also anchor the development and rollout of electric vehicles, EV charging infrastructure, and related investments nationwide. Based on press release from the Government of Nigeria ...

News  Updated at: 2026/03/30

Innoson, Nigeria, denies rumour to relocate its business operations to Ghana On March 27, Innoson Vehicle Manufacturing (IVM), in a social media post, denied a rumour to relocate its business operations, investments, and properties to Ghana. IVM stated that it is deepening its roots, expanding its operations, and positioning itself as a key player in Africa's automotive future, starting from Nigeria. As part of this commitment, it is advancing si...

News  Updated at: 2026/03/30

terbium (Tb) for permanent magnets for traction motors of electric vehicles (EVs) into oxides with a purity of more than 99.5%, and then reducing them to metals with a purity of 99.9%.  Posco International will also make a full-scale effort to build a global raw material procurement system through investments in overseas bases. In Southeast Asia, the company plans to promote a rare earth separation and refining project totaling USD 30 million (J...

News  Updated at: 2026/03/30

Caoa begins Changan model production in Brazil On March 26, it was reported that Caoa began production of models from Changan at its plant in Anapolis, marking the launch of the new Caoa Changan operation in the country. The facility received an additional investment of BRL 5 billion, bringing total investments in the plant to BRL 8 billion. The first model assembled is the Changan Uni-T, with plans to expand production to at least two additional...

News  Updated at: 2026/03/30

hat its Pulse Check, a bi-annual business sentiment survey conducted with McKinsey, indicates that one in four suppliers expect losses in 2026. Profitability expectations for 2026 remain weak. 76% of automotive suppliers expect profitability below 5%, the minimum level required to sustain long-term investments in innovation and industrial capacity. 73% of companies have significantly adjusted their product portfolios, focusing on core platforms, ...

News  Updated at: 2026/03/27

Egypt and UK discuss cooperation on automotive industry and batteries On March 26, the Minister of Industry of Egypt held a meeting with the UK Ambassador in Cairo to discuss ways to enhance joint industrial cooperation and increase British investments in the Egyptian market. They discussed opportunities for cooperation in the automotive industry, electric vehicle batteries, green manufacturing, export, localization of technologies, etc. The Mini...

News  Updated at: 2026/03/27

gy solutions for industrial applications, announced it will close its legacy lead-acid battery manufacturing facility in Tijuana, Mexico, and transition the majority of production to its existing proprietary advanced Thin Plate Pure Lead (TPPL) plant in Springfield, Missouri, where it will leverage investments to expand capacity within its U.S. manufacturing footprint.EnerSys’ proprietary TPPL technology delivers greater power density and super...

News  Updated at: 2026/03/27

sis has impacted suppliers too, with layoffs at companies such as Logitec, Teknoservice, and Transnova, and many workers in related industries on furlough. No new car models were introduced in 2025, and there’s still no clear plan for 2026. Unions are asking Stellantis to provide clear timelines, investments, and plans in the upcoming Filosa Plan. The main goal is to secure jobs and the future of the plant. Based on FIM-CISL union press release...

News  Updated at: 2026/03/23

U.S. and Japan announce new initiatives after Washington D.C. meeting On March 19, President Donald Trump received Japan Prime Minister Sanae Takaichi at the White House where they announced new initiatives. Following the first tranche of three major Japanese investments worth USD 36 billion under the 2025 U.S.-Japan Strategic Trade and Investment Agreement announced in February 2026, the U.S. welcomed a second tranche of Japanese investments, in...

News  Updated at: 2026/03/21

UGT FICA urges Spain government to seek clarity on Renault and Nissan investments amid war concerns On March 19, the General Secretary of UGT FICA, Mariano Hoya, urged the Spanish government to activate the social safety net to protect jobs, manufacturing operations, and the supply chain, expressing about the enormous concern about the consequences of the Iran war. He highlighted growing concern at major manufacturing centers like Renault and Ni...

News  Updated at: 2026/03/20

e producer; A123 Systems, a lithium-ion battery supplier to major automakers; and Sinexcel, a specialist in EV charging and energy management solutions.  The initiative underscores Thailand’s strategy to strengthen its position in next-generation automotive manufacturing by attracting high-value investments in EVs and batteries. (From Thailand BOI release dated March 13, 2026)...

News  Updated at: 2026/03/20

lion bracket, the strategy emphasises motorcycles (including future BEV, CNG/CBG and flex-fuel options), while a parallel biogas business is intended to supply cheaper carbon-neutral fuel, support rural livelihoods via household digesters and expand CNG/CBG vehicle sales.  The plan also highlights investments in charging infrastructure for BEVs, exploration of e-mobility platforms for work mobility, development of a circular economy for ELV and ...

News  Updated at: 2026/03/19

urchase agreement to acquire 100% of Yutaka Autoparts India Private Limited (YAIPL), after fulfilling all conditions precedent. Following this closing, YAIPL has become a wholly owned subsidiary of the company, marking a key step in the wider transaction under which Motherson, via Motherson Global Investments B.V., is also acquiring 81% of Japan’s Yutaka Giken Co., Ltd. and 11% of its subsidiary Shinnichi Kogyo Co., Ltd. Based on Samvardhana M...

News  Updated at: 2026/03/17

9.9% in Q4 (vs. -79.1% in Q4/2024 and -56.2% in Q3/2025), as scale efficiencies and cost optimization improved, while FY2025 gross margin was -42.5% (vs. -57.4% in 2024).  VinFast continues to prioritize scale and cost optimization as key levers toward profitability, supported by global expansion, investments in technology and industrial capabilities, and the commercialization of next-generation vehicles. (From VinFast Auto release dated March 1...

News  Updated at: 2026/03/17

Raptee Energy, India to receive funding from TIDCO under Startup Investment Policy 2025 On March 15, Tamil Nadu Industrial Development Corporation (TIDCO) announced that it will invest INR 250 million in Raptee Energy under the TIDCO Startup Investment Policy 2025, marking one of its first two startup investments alongside AgniKul Cosmos. Raptee Energy is an electric mobility startup developing high-performance electric motorcycles for global mar...

News  Updated at: 2026/03/16