d AUD 2.6 million. Sicona produces Silicon-Carbon (SiC) anode materials for lithium-ion batteries. Its technology delivers an +20% increase in energy density and an +40% increase in the charge rate over conventional graphite-only lithium-ion battery cells.  Based on Himadri Speciality Chemical Ltd stock exchange filing...

News  Updated at: 2026/05/22

XPeng becomes majority shareholder of PT Era Industri Otomotif, Indonesia Announced on May 18, 2026, PT Sinar Eka Selaras Tbk disclosed to Indonesia’s Financial Services Authority (OJK) and the Indonesia Stock Exchange (IDX) a material transaction involving a change in the shareholding structure of its electric vehicle subsidiary, PT Era Industri Otomotif (EIDO), effective May 13. According to the filing, XPeng International Holding (Hong Kong)...

News  Updated at: 2026/05/22

Sandhar, India, to explore opportunities in vehicle telematics business On May 21, Sandhar Technologies Limited, in a stock exchange filing, stated that its board discussed the growing opportunities in the field of vehicle telematics, wheel speed sensors, instrument clusters, electronics domain, etc., and similar latest technologically advanced products. The board has decided to explore various options like technological collaboration, joint vent...

News  Updated at: 2026/05/21

tep-down subsidiary, Remsons Automotive Ltd. (UK), has been nominated by a global commercial vehicle OEM for a hood rod contract, with start of production scheduled for Q1 CY2027. The order value is INR 300 million. It will be executed over a period of six years. Based on Remsons Industries Limited stock exchange filing...

News  Updated at: 2026/05/20

CY2028. It will also cater to stationary power applications, data centre systems, maritime and shipping applications. Advait Energy Transitions Limited is an Ahmedabad-based company that offers products and solutions for power transmission, substation, and telecommunication infrastructure. Based on stock exchange filing of Advait Energy Transitions Limited...

News  Updated at: 2026/05/20

elematics, EV compliance, fuel and cargo security, and driver state monitoring systems. VECV cited the need to develop and implement cost-effective, innovative connected solutions and take an enhanced role in expanding VECS's business as the rationale for the stake increase. Based on Eicher Motors' stock exchange notification...

News  Updated at: 2026/05/19

Keto Motors, India debuts on BSE via reverse merger with Taaza International On May 19, Keto Motors Limited, a Hyderabad-based commercial electric vehicle manufacturer, debuted on the Bombay Stock Exchange (BSE) following the completion of its reverse merger with Taaza International Limited. The reverse merger was approved by the NCLT, Hyderabad Bench, in June 2025. The listing comes as the company scales its electric commercial mobility busines...

News  Updated at: 2026/05/19

Auto Technologies Limited (Transferee Company) had become effective from May 18, 2026. The NCLT had sanctioned the scheme on May 12, 2026. The Appointed Date of the scheme is October 1, 2025, meaning the merger will be accounted for retrospectively from that date. Based on Lumax Auto Technologies' stock exchange notification...

News  Updated at: 2026/05/19

aged in the electric vehicle industry. The investment is intended to meet SEM's capital expenditure and working capital requirements. There will be no change in Sterling Tools' percentage shareholding in SEM, which will continue to remain a 100% wholly owned subsidiary. Based on the Sterling Tools stock exchange notification...

News  Updated at: 2026/05/18

e remaining 19% equity stake in Minda Onkyo India Private Limited (MOIPL), a speaker and speaker systems manufacturer, at a revised consideration of INR 0.68 per share (up from the earlier approved INR 0.65 per share), taking Uno Minda's total holding in MOIPL to 99%. Based on the Uno Minda Limited stock exchange notification...

News  Updated at: 2026/05/18

, is engaged in EV manufacturing and supply across the electric vehicle value chain. OCT, incorporated in July 2022, is engaged in battery and cell manufacturing, assembly, and distribution. Both entities will remain 100% wholly owned subsidiaries post-investment. Based on the Ola Electric Mobility stock exchange notification...

News  Updated at: 2026/05/15

s a minority investor, in a transaction valued at approximately VND 13,309.6 billion (about USD 530 million). VinFast will continue to secure production through a manufacturing and supply agreement with VFTP after the divestment. A newly structured entity, expected to be named VinFast Vietnam Joint Stock Company (VFVN), will hold R&D, intellectual property, after-sales functions, and selected subsidiary investments, while VinFast’s internationa...

News  Updated at: 2026/05/15

ubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors, Ltd. (Hino), announced on May 14 its financial forecast for the fiscal year ending March 2027, its first year in business, projecting revenue of JPY 2.425 trillion and operating profit of JPY 110 billion. Archion was listed on the Tokyo Stock Exchange Prime Market in April. It plans to boost sales revenue by fostering competition between its two operating companies, MFTBC and Hino, in...

News  Updated at: 2026/05/15

alone costing approximately 50 acres at ~INR 1.5 billion. The site will serve as both DR Axion's expansion base and a shared aluminium manufacturing campus, filling a key gap as Craftsman currently has no aluminium plant presence in the Chennai region. The company has also filed a scheme with the stock exchange to merge Sunbeam, DR Axion, and Craftsman's aluminum businesses into a unified entity to better compete with global aluminum component ...

News  Updated at: 2026/05/14

ulatory approvals, the business integration will be implemented through a joint share transfer. Following approval at the ordinary general meetings of shareholders in June 2027, a joint holding company will be established in October 2027 and is expected to be listed on the Prime Market of the Tokyo Stock Exchange. (Based on NSK and NTN press release May 12, 2026)...

News  Updated at: 2026/05/13

Honeywell announces Quantinuum's filing for initial public offering On May 8, Honeywell announced that Quantinuum, a leading, full-stack quantum computing company, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) related to an initial public offering of shares of its Class A common stock on the Nasdaq Global Select Market under the ticker symbol "QNT." Honeywell remains the majority ow...

News  Updated at: 2026/05/13

ns Chakan Private Limited, on January 8, 2026. Third, the board approved a proposal to raise funds of up to INR 10 billion via Qualified Institutions Placement (QIP), primarily towards repayment of borrowings, capex, and general corporate purposes. Based on the SPR Auto Technologies press release/ stock exchange notification...

News  Updated at: 2026/05/12

rs. The transaction is expected to be completed by October 30, 2026, subject to regulatory approvals. The rationale cited is to create a focused, scalable platform for expansion of tooling capabilities and an independent funding framework for the tooling business. Based on the PPAP Automotive Parts stock exchange notification...

News  Updated at: 2026/05/12

supply of sheet metal stamping and welding parts, including design and development of tooling and dies. The contract is domestic in nature and is not a related party transaction. Financial details, including contract size and execution timeline, were not disclosed. Based on Munjal Auto Industries stock exchange notification...

News  Updated at: 2026/05/12

ng, procurement, and construction (EPC) works for a greenfield tire manufacturing plant in Cameroon. The consideration for the project is EUR 630 million. The completion period is 36 months from the notice to proceed. It will have a capacity of 7.6 million tires per annum on an LSTK basis. Based on stock exchange filing of GHV Infra Projects Limited...

News  Updated at: 2026/05/12