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Ola Electric, India founder sells small stake to clear INR 2.6 billion loan
ol or in its long-term plans. The step has been taken to remove all promoter share pledges and reduce related risk. Ola Electric added that this transaction is only at the promoter’s personal level and does not affect the company’s operations, governance, or strategy. Based on Ola Electric's stock exchange notification 1/ 2...
News Updated at: 2025/12/19
Olectra Greentech, India penalized over delay in completing Seetharampur EV plant
certificate to obtain credit facilities against the property, Olectra clarified that, despite the delay in full completion of the plant, partial commercial operations at the new facility have already commenced within the timelines stipulated in the sale agreement. Based on the Olectra Greentech stock exchange notification...
News Updated at: 2025/12/19
Magallanes Value Investors acquires 3.24% stake in EBRO, Spain
e company has not disclosed the value of the transaction. The company has reindustrialized the former Nissan plant in Barcelona, Spain, with its Chinese partner Chery. The stake was sold by the founding partners from their current holdings to bring in a leading institutional investor. Based on EBRO stock exchange fillings...
News Updated at: 2025/12/19
Changan Auto to increase capital in Changan Tech with CCAG, Chenzhi Group
Changan Auto to increase capital in Changan Tech with CCAG, Chenzhi Group On December 13, Chongqing Changan Automobile Co., Ltd. (Changan Auto) announced on the Shenzhen Stock Exchange (SZSE) that it plans capital increase and share expansion for Chongqing Changan Technology Co., Ltd. (Changan Tech), a wholly-owned subsidiary, via a non-public agreement with China Changan Automobile Group Co., Ltd. (CCAG) and Chenzhi Automobile Technology Group C...
News Updated at: 2025/12/19
Anadolu Isuzu completes acquisition of 75.2% stake in SamAuto LLC, Uzbekistan
cquisition of a 75.2% stake of the vehicle manufacturer JV SamAuto LLC. The company has paid the final consideration of USD 80.6 million. The shares have now been transferred to Anadolu Isuzu, with registration and other formal procedures to be completed in the coming days. Based on Anadolu Isuzu stock exchange filing...
News Updated at: 2025/12/18
Deepal to increase capital by over CNY 6.1 billion
Deepal to increase capital by over CNY 6.1 billion On December 13, Chongqing Changan Automobile Co., Ltd. (Changan Auto) announced on the Shenzhen Stock Exchange (SZSE) that Deepal Technology Co., Ltd. (Deepal), a holding subsidiary, plans to increase capital and expand shares through public listing, targeting original shareholders and qualified investors. The financing amount is estimated at CNY 6.122 billion, including up to CNY 3.122 billion ...
News Updated at: 2025/12/18
Autoline subsidiary AEMPL launches electric two‑wheelers in India
models named Oxstar Z1 and Oxstar Z2. The products, which cater to the domestic market, have received the required accreditation from the designated authorities under the Ministry of Heavy Industries and mark the group’s entry into the electric two‑wheeler segment. Based on Autoline Industries' stock exchange notification...
News Updated at: 2025/12/17
Wheels India partners with Japan’s Topy Industries for aluminum alloy wheels
swagen, with supplies expected to start next year. The firm is increasing annual capacity at Thervoy Kandigai from 0.5 million to 0.7 million wheels by the end of the next quarter and plans to raise capacity further to 1 million wheels per annum by the end of FY 2027 Based on Wheels India Limited's stock exchange notification...
News Updated at: 2025/12/15
Samvardhana Motherson, India completed acquisition of Motherson Lumen Systems South Africa
entity has now become an indirect wholly owned subsidiary of the company. Motherson Lumen Systems South Africa specializes in wiring harnesses, vehicle lighting, plastic components, body electronics, and other OEM-certified automotive parts. Based on Samvardhana Motherson International Limited's stock exchange notification...
News Updated at: 2025/12/11
JTEKT India, to expand its CVJ Line to support future demand
allation plan is framed, and the project will be financed through a mix of internal accruals and borrowings. JTEKT India stated that the additional capacity is intended to help meet growing demand from Indian OEMs, with current CVJ line utilisation already around 90%. Based on JTEKT India Limited's stock exchange notification...
News Updated at: 2025/12/08
StoreDot, Israel, and Andretti announce business combination agreement, form XFC Battery
quisition company (Andretti), entered into a definitive business combination agreement for a business combination between Andretti and StoreDot under a newly formed holding company. The holding company will be named “XFC Battery”. Its shares are expected to be listed for trading on the Nasdaq Stock Market LLC. The Business Combination transaction values StoreDot at an implied pre-money equity value of USD 800 million, with existing StoreDot...
News Updated at: 2025/12/05
Shriram Pistons to acquire three Grupo Antolin India units
and new product development support. The three target companies are engaged in manufacturing and supplying automotive interior components and systems to vehicle manufacturers in India, and the deal will be funded in cash by Shriram Pistons & Rings Limited. Based on Shriram Pistons & Rings Limited's stock exchange notification...
News Updated at: 2025/12/05
Mahindra Overseas sells stakes in CIE Automotive, Spain
Mahindra Overseas sells stakes in CIE Automotive, Spain On December 4, Mahindra & Mahindra Limited, in a stock exchange filing, announced that Mahindra Overseas Investment Company (Mauritius) Limited (MOICML), a wholly owned subsidiary of the company, has sold part of its stake representing 3.58% of CIE Automotive S.A (CIE Spain) outstanding shares, for a total consideration of EUR 119 million. CIE Automotive S.A is an associate of MOICML. Based ...
News Updated at: 2025/12/04
Ghandhara Industries, Pakistan, to assemble Zhongtong Bus
expects to launch Completely Built-Up (CBU) luxury buses in Pakistan starting in the first quarter of 2026. Local assembly of Zhongtong's buses at its facility is expected to start by mid-2026, subject to regulatory approvals and completion of plant expansion. Based on Ghandhara Industries Limited stock exchange filing ...
News Updated at: 2025/12/04
SAIC Financial Holdings to establish fund in Ningbo with several institutions
SAIC Financial Holdings to establish fund in Ningbo with several institutions On December 2, SAIC Motor Corporation Limited (SAIC Motor) announced on the Shanghai Stock Exchange (SSE) that SAIC Motor Financial Holdings Co., Ltd. (SAIC Financial Holdings), a wholly-owned subsidiary, will establish a fund in Ningbo with several other institutions. The initial subscribed capital of the fund will stand at CNY 1.09 billion. As a limited partner, SAIC ...
News Updated at: 2025/12/04
FAW Jiefang Group to increase investment in Jiefang-CATL with CATL, TELD
FAW Jiefang Group to increase investment in Jiefang-CATL with CATL, TELD On November 28, FAW Jiefang Group Co., Ltd. (FAW Jiefang Group) announced on the Shenzhen Stock Exchange (SZSE) a plan for investing an additional CNY 191 million in cash in Jiefang-CATL New Energy Technology Co., Ltd. (Jiefang-CATL), a joint venture, through FAW Jiefang Automotive Co., Ltd., a wholly-owned subsidiary. Contemporary Amperex Technology Co., Ltd. (CATL), an exi...
News Updated at: 2025/12/03
JSC Romanov, Russia receives authorized manufacturer status, expands BAZ truck sales across Eurasian countries
JSC Romanov, Russia receives authorized manufacturer status, expands BAZ truck sales across Eurasian countries On November 27, Joint-Stock Company Romanov announced that it has been granted official status as an authorized manufacturer, allowing the company to independently issue electronic vehicle registration certificates (EVRCs) for its BAZ heavy-duty trucks. The company was added to the Unified Register of Authorized Manufacturers of the Eura...
News Updated at: 2025/12/02
Avatr in process of filing for listing on HKEX
Avatr in process of filing for listing on HKEX On November 28, Chongqing Changan Automobile Co., Ltd. (Changan Auto) announced on the Shenzhen Stock Exchange (SZSE) the November 27 filing by Avatr Technology (Chongqing) Co., Ltd. (Avatr) for public share issuance and listing with the Hong Kong Exchanges and Clearing Limited (HKEX). The proceeds will be allocated as follows. 1. Product, platform, and technology development: The focus w...
News Updated at: 2025/12/02
Changan Auto to establish robot company with CNY 450 million registered capital
Changan Auto to establish robot company with CNY 450 million registered capital On November 29, Chongqing Changan Automobile Co., Ltd. (Changan Auto) announced on the Shenzhen Stock Exchange (SZSE) that it will establish a company tentatively named Changan Tianshu Intelligent Robotic Technology Co., Ltd. with China Changan Automobile Group Co., Ltd., Chenzhi Automobile Technology Group Co., Ltd., and Chongqing Changan Technology Co., Ltd. (Chan...
News Updated at: 2025/12/02
Sona Comstar’s serbian arm NOVELIC sets up wholly owned subsidiary in india for radar and sensor business
ing radars, sensors, and software. NOVELIC d.o.o. holds 100% of Novelic India’s share capital, and the incorporation does not involve any related‑party acquisition, government approvals, or consideration details, as it is a greenfield setup rather than a purchase. Based on the Sona Comstar stock exchange notification ...
News Updated at: 2025/12/01
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