al reported in March with suppliers including Suzhou Maxwell Technologies, which specializes in the equipment needed for vertically integrated solar cell production.  The Brookshire site already has other Tesla facilities. Tesla leases Buildings 9 and 10, totaling 1.65 million square feet, under a long-term agreement, and the development includes plans for an additional 600,000-square-foot building.  Tesla currently bundles Megapacks with utili...

News  Updated at: 2026/05/21

tery-electric buses will start operating in Södertälje, Sweden, from June 2027. In 2025, VR Sweden won a contract from Storstockholms Lokaltrafik to run bus services in Södertälje and Nykvarn. To prepare, it has now ordered 91 electric buses from Scania, which is also based in Södertälje. The agreement includes everything from planning and development to operation, maintenance, and long-term support. The buses, called Scania Fencer f1 BEV, ...

News  Updated at: 2026/05/19

Toyota reportedly files plan for USD 2 billion manufacturing plant in Texas On May 15, multiple sources reported that Toyota Motor Corp. has filed with the Texas Comptroller of Public Accounts for approval to build a new USD 2 billion manufacturing facility in the state, reinforcing the company’s U.S. production strategy. The proposed site, located in Bexar County alongside Toyota's existing truck factory in San Antonio where the company alread...

News  Updated at: 2026/05/16

Musashi India signs LOI to supply integrated side-mounted e-axle for Kinetic Green two-wheelers On May 13, Musashi India Private Limited signed a Letter of Intent (LOI) with Kinetic Green Energy & Power Solutions Limited for the supply of integrated electric powertrain systems for Kinetic Green's upcoming two-wheeler platforms. Under the agreement, Musashi India will supply a side-mounted e-Axle integrating a 4.7 kW IPM motor, gearbox, and contro...

News  Updated at: 2026/05/13

Toyota advances hydrogen use in U.S. with Class 8 trucks, stationary power, infrastructure On May 5, Toyota Motor North America detailed its long-term commitment to hydrogen at the 2026 Advanced Clean Transportation (ACT) Expo, where it outlined milestones and investments in commercial trucking, fueling infrastructure, and stationary power generation. In the Hydrogen Workshop keynote address, Toyota highlighted:     •  Plans to deploy Toyota...

News  Updated at: 2026/05/08

UTM–Perodua launch xEV program to advance EV talent development and engineering lab Announced on April 21, 2026, Universiti Teknologi Malaysia (UTM) and Perusahaan Otomobil Kedua Sdn. Bhd. (Perodua) signed a new Memorandum of Agreement to launch the PERODUA–UTM xEV Engineering Program. Both parties describe the collaboration as a long-term effort to bridge academia and industry, develop future-ready EV engineers, and support Malaysia’s gree...

News  Updated at: 2026/04/23

ort of personnel and have capacity for 44 passengers, improving operational logistics across different regions of the country. The operation also reinforces the brand’s position in the institutional segment in Latin America, with local support provided by Rodomaq. The company highlighted that the agreement reflects continued demand for durable vehicles and aftersales support in public sector applications. IVECO stated that the project strengthe...

News  Updated at: 2026/04/23

Samsung SDI to supply high-nickel EV batteries for Mercedes-Benz models On April 20, Samsung SDI announced that it has signed a long-term deal with Mercedes-Benz to supply batteries for its next-generation electric vehicles (EVs). This is Samsung SDI’s first EV battery supply agreement with the brand. Samsung SDI will supply high-performance batteries using high-nickel NCM (nickel, cobalt, and manganese), offering better energy density, longer...

News  Updated at: 2026/04/21

e of its 19 global facilities, the plant utilizes advanced manufacturing technologies, including aluminum body welding, and is set to produce up to 80,000 vehicles annually between 2026 and 2030. Under the concept “The Future Starts Here,” Chery Group is positioning its Thailand operations as a long-term commitment, going beyond production and sales by prioritizing customer trust, service standards, parts availability, and local talent develo...

News  Updated at: 2026/04/20

Lucid to expand Uber partnership to 35,000 robotaxis, receive new investments On April 14, Lucid Group announced a significant expansion of its partnership with Uber, further supported by an additional long-term investment from Ayar Third Investment Company, an affiliate of the Public Investment Fund (PIF). As part of the agreement, Uber will increase its purchase commitment to at least 35,000 Lucid vehicles, including Lucid Gravity and Lucid Mid...

News  Updated at: 2026/04/15

Subaru secures JPY 100 billion in funding without credit checks through loan agreements with Mizuho Bank and others, enabling flexible response to changing business environment Subaru Corporation (Subaru) announced on April 1 that it has signed a 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" su...

News  Updated at: 2026/04/02

Denso and Tokyo University form long-term comprehensive cooperation for social implementation of dynamic wireless power transfer On March 30, Denso Corporation (Denso) and the University of Tokyo (Tokyo University) signed an agreement for their joint research and development themed on data linkage, infrastructure cooperation, and energy circulation. Their agreement term is 10 years, and it will promote infrastructure cooperation, such as energy s...

News  Updated at: 2026/03/31

ssive performance in 2024, but saw its volumes fall by 7.8% YoY in 2025, to 3.5 million units. In addition, to address “involution-style” competition, regulators introduced a series of measures during the year, including steps to curb disorderly price wars, encourage automakers to honor payment-term commitments, run targeted campaigns to address online disorder, and the issuance of guidelines on price-compliance practices—all aimed at maint...

News  Updated at: 2026/03/30

WeRide, Geely Farizon partner for 2026 delivery of 2,000 purpose‑built Robotaxi GXRs On March 9, WeRide signed an expanded strategic cooperation agreement with Zhejiang Geely Farizon New Energy Commercial Vehicle Group Co., Ltd. (Geely Farizon) for the delivery of 2,000 newly upgraded, purpose-built, mass‑produced Robotaxi GXRs by 2026. The vehicle model is scheduled to roll off the production line in Q3. With the addition of the 2,000 new Ro...

News  Updated at: 2026/03/11

Antolin signs long-term renewable energy purchase agreement with BRUC Grupo Antolin-Irausa, S.A. (Antolin) has signed a long-term renewable energy purchase agreement (VPPA) with BRUC, an independent renewable energy producer in Spain. The agreement is expected to enable Antolin to source renewable power covering around 60% of its electricity consumption in Europe over the next 10 years. Under the deal, BRUC will develop two photovoltaic plants, s...

News  Updated at: 2026/03/09

IG Metall union and PowerCo secure jobs in Salzgitter plant, Germany until 2030 On February 22, IG Metall union announced that PowerCo has agreed with the union’s job security until the end of 2030. This protects around 2,000 employees in Salzgitter plant, Germany, from layoffs during this period. The agreement is part of a new collective labor deal running from March 1, 2026, to December 31, 2030. The company has committed not to carry out com...

News  Updated at: 2026/02/24

y of prototypes of waveguide antennas for the next-generation automotive front radar sensor, intended for advanced driver assistance systems (ADAS). The initial order value amounts to approximately SEK 1 million and is expected to be delivered during Q1 and Q2 2026. The order is part of a new frame agreement with Desay SV and continues the long-term strategic partnership between the companies. In the new development project, Gapwaves will develop...

News  Updated at: 2026/02/19

FEV, Germany partners with CEER to advance EV development in Saudi Arabia On February 17, FEV signed a memorandum of understanding (MoU) with CEER during the PIF Private Sector Forum. The agreement aims to expand collaboration across key areas supporting CEER’s electric vehicle program and Saudi Arabia’s Vision 2030 goals. Through this partnership, both companies will use their combined expertise to advance technology, strengthen local capabi...

News  Updated at: 2026/02/18

der wins, and steady global execution to accelerate its shift from a control‑cables manufacturer to a technology‑oriented mobility solutions provider.​ During the quarter, it also identified an additional 20,000 square feet of land in the NCR region to support future capacity augmentation and long‑term initiatives, supplementing an ongoing NCR capacity expansion that is expected to involve capex of about INR 30–40 million. On the order ...

News  Updated at: 2026/02/17

Stellantis Tychy plant, Poland launches voluntary redundancy program targeting 740 workers On February 4, the Federation of Trade Unions of Metalworkers and Steelworkers in Poland announced that they have signed an agreement on a voluntary redundancy program at the Stellantis Tychy factory. The program will cover 320 employees as announced on January 30. Employees who want to leave under the program on February 16, 2026 can apply by February 9, 2...

News  Updated at: 2026/02/09