V-Green signs agreement with VNPT to expand e-mobility infrastructure network across Vietnam Announced on May 26, 2026, V-Green and Vietnam Posts and Telecommunications Group (VNPT) signed an agreement to deploy e-mobility infrastructure across VNPT’s nationwide network of transaction points and facilities. Under the plan, around 6,000 battery swapping cabinets and 100 EV charging stations will be installed at approximately 2,500 VNPT locations...

News  Updated at: 2026/05/29

Surface Transforms, UK, sells all its business and assets to CCST Limited On May 22, Surface Transforms plc announced that it had entered into an asset sale agreement to sell all the business and assets of the company substantially to CCST Limited. This transaction is now completed. The assets included in the transaction include the trading business, computer systems, intellectual property, contracts, equipment, stock, records, and goodwill of th...

News  Updated at: 2026/05/26

ture network across more than 13,000 Vietnam Post service points nationwide, including over 16,000 battery swapping cabinets and around 2,000 parking spaces integrated with electric vehicle charging stations. The rollout will span 34 provinces and cities, with an average distance of 2.82 km between transaction points and at least one point per commune. In 2026, at least 11,000 battery swapping cabinets are expected to be installed and operational...

News  Updated at: 2026/05/26

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

nd air parking brakes. With a registered office in Chennai, the global supply chain, including India, will be managed by entities of Bosch, Brakes India, and Wheels India. The boards of the Bosch Group, Bosch Limited, Brakes India Private Limited, and Wheels India Limited have already approved this transaction. Based on Bosch Limited press release...

News  Updated at: 2026/05/21

CS), formerly known as Aquila Mobility Solutions Private Limited, from joint venture partner iTriangle Infotech Private Limited. The acquisition involves a total consideration of INR 11.01 billion and will take VECV's shareholding in VECS from 51% to 74%, with iTriangle's stake reducing to 26%. The transaction is expected to be completed by July 31, 2026. VECS, incorporated in May 2023 and operational since August 2024, is engaged in connected ve...

News  Updated at: 2026/05/19

Elevra Lithium to sell interest in the Ewoyaa Lithium Project, Ghana, to Huayou Cobalt On May 11, Elevra Lithium Limited agreed to sell its interest in the Ewoyaa Lithium Project in Ghana to Zhejiang Huayou Cobalt Co, Ltd. (Huayou). Upon closing of the transaction, expected in Q1-FY27, Elevra will receive approximately USD 71 million. Huayou has agreed to purchase all of Elevra's rights and interests in the Ewoyaa Project. Selling its interests i...

News  Updated at: 2026/05/19

lans to restructure its Vietnam operations by splitting certain assets of VinFast Trading and Production JSC (VFTP) into a newly formed entity and subsequently divesting its remaining interest in VFTP. In a filing with the United States Securities and Exchange Commission (SEC), the company said the transaction is part of a broader shift toward a more capital-efficient, asset-light model, with VinFast focusing on higher-value activities including ...

News  Updated at: 2026/05/15

dia Limited (ZF CVCS) (formerly WABCO India) approved an investment of INR 300 million in its wholly owned subsidiary ZF CV Control Systems Manufacturing India Private Limited (ZF MIPL). The funds will be used by ZF MIPL for capex, working capital requirements, and repayment of existing loans. The transaction is expected to be completed before June 30, 2026. ZF MIPL, incorporated in January 2022, manufactures automotive components for commercial...

News  Updated at: 2026/05/14

omponents, aftermarket, and forgings. The company has also initiated the operational implementation of the strategic realignment in its Steel Europe segment. Preparations are continuing for the agreed sale of its stake in Huttenwerke Krupp Mannesmann (HKM) to Salzgitter AG, with completion of the transaction planned for June 1, 2026. The company has also paused discussions with Jindal Steel International on a potential stake acquisition in thys...

News  Updated at: 2026/05/13

l costs. Additionally, its board approved the transfer of PPAP's Tooling Manufacturing Division on a going concern basis via slump sale to Meraki Precision Tool Engineering Limited, its wholly owned subsidiary engaged in commercial tooling for automotive, electrical, and home appliance sectors. The transaction is expected to be completed by October 30, 2026, subject to regulatory approvals. The rationale cited is to create a focused, scalable pla...

News  Updated at: 2026/05/12

as been awarded a long-term business contract by Honda Motorcycle and Scooter India Private Limited (HMSI) for the manufacturing and 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 not...

News  Updated at: 2026/05/12

and Cartesian Growth Corporation III announced that their joint registration statement on Form S-4, filed with the SEC related to the business combination between Factorial and Cartesian III. The companies anticipate that the business combination will close in June 2026. Following completion of the transaction, the combined company’s shares and public warrants are expected to trade on the Nasdaq Capital Market under the ticker symbols “FAC”...

News  Updated at: 2026/05/12

NDR Auto Components, India restructures portfolio with two slump sales and JV Investment On May 11, NDR Auto Components Limited announced that its board has approved the transfer of its Seat Trim business (related to certain models) via slump sale to its wholly owned subsidiary NDR Auto Components South Private Limited (NACSPL), at a valuation of INR 94.8 million. The transaction is expected to be completed by May 29, 2026. The company also appr...

News  Updated at: 2026/05/11

mance CMOS image sensors for a broad range of industrial, automation, and physical AI applications.  This portfolio of products, IP, and designs aligns with indie’s automotive ADAS sensing solutions and further strengthens its sensing capabilities across radar, vision, LiDAR, and ultrasonic. The transaction is expected to close in the third quarter of 2026 and be immediately accretive. Based on indie Semiconductor press release ...

News  Updated at: 2026/05/11

Sono Group, Netherlands, completes exit from Sono Motors GmbH, Germany On May 8, Sono Group N.V. announced the completion of an important milestone in its transformation strategy with the formal transfer of its now former subsidiary Sono Motors GmbH to companies controlled by Sono Motors' own management team. The transaction took legal effect on May 4, 2026, ending the solar exit the company announced in March 2026. Sono Group holds no further eq...

News  Updated at: 2026/05/11

Lithium Limited announced that it has entered a binding Scheme Implementation Deed with Zhejiang Huayou Cobalt Co., Limited. It is proposed that Huayou will acquire all the issued shares in Atlantic Lithium by way of an Australian scheme of arrangement for cash consideration of USD 210 million. The transaction validates the potential of Atlantic Lithium’s Ewoyaa Lithium Project in Ghana and the potential of its exploration tenure within Ghana a...

News  Updated at: 2026/05/11

Lumax Auto Technologies, India sells 50% stake in JV Lumax Jopp Allied Technologies On May 8, 2026, Lumax Auto Technologies Limited announced the sale of its entire 50% equity stake in joint venture Lumax Jopp Allied Technologies Private Limited (LJAT) to its German JV partner Jopp Holding GmbH, for a consideration of INR 152,500. The transaction, approved by the board on May 8, 2026, is expected to be completed by June 30, 2026, after which LJAT...

News  Updated at: 2026/05/08

stment vehicle M&J Inv Ltd., returning full ownership to a member of the Pujol founding family. Panasonic acquired 49% of Ficosa in 2015 and increased its holding to 69% in 2017. The collaboration has contributed to Ficosa's technological evolution and the development of strategic capabilities. The transaction, formally completed on March 27, 2026, enables Ficosa to increase agility and strengthen its strategic focus on its core business, while a...

News  Updated at: 2026/05/07

garding strategic options for its bus operations. Since then, significant progress has been made, and the company is in discussions with strategic parties that have expressed a serious, but at this stage non-binding, interest in purchasing a controlling stake in Ebusco’s bus operations. A Special Transaction Committee has been formed by Ebusco, comprising three independent members of the Supervisory Board, which is tasked to evaluate the strate...

News  Updated at: 2026/05/05