ch government, with a total investment of EUR 1 billion. On January 4, Symbio secured a EUR 93 million revolving credit facility, coordinated by Crédit Agricole CIB Corporate and Investment Bank (CACIB), with partner banks. This follows a EUR 77 million fundraising in 2021, led by Crédit Agricole Leasing & Factoring (CALF) for the Gigafactory in Saint-Fons, France. Supported by Forvia, Michelin, Stellantis, European Union, and French Government...

OEM Plants  Updated at: 2025/06/25

hnological excellence in hydrogen fuel cell innovations. On January 4, Symbio secured a EUR 93 million revolving credit facility, coordinated by Crédit Agricole CIB Corporate and Investment Bank (CACIB), with partner banks. This follows a EUR 77 million fundraising in 2021, led by Crédit Agricole Leasing & Factoring (CALF) for the Gigafactory in Saint-Fons, France. Supported by Forvia, Michelin, Stellantis, European Union, and French Government...

OEM Plants  Updated at: 2025/06/24

second claim against Volkswagen - for RUB 28.4 billion. The court refused to arrest the property of Volkswagen in Nizhny Novgorod. On May 19, the Volkswagen Group completed the sale of its shares in Volkswagen Group Rus LLC and its local subsidiaries (Volkswagen Components and Services LLC, Scania Leasing LLC, Scania Finance LLC, Scania Insurance LLC) to Art-Finance LLC, owned by Russian dealer Avilon. Upon registration of the transaction, owner...

OEM Plants  Updated at: 2025/06/24

uropean based logistics provider and semi-industrial real estate, announced that it has, purchased three plots in Rüsselsheim am Main, Germany, totaling over 700,000 square meters from Stellantis. Stellantis is optimizing its Opel production site in the Rüsselsheim plant. The company is initially leasing back the properties before gradually releasing them for redevelopment. On December 11, Opel introduced the fully electric Astra Sports Tourer....

OEM Plants  Updated at: 2025/06/23

with Chery Commercial Vehicle (Anhui) Co., Ltd. The new company was registered with an initial capital of CNY 100 million, with Chery holding a 65% share and Roshow holding the remaining 35%. The new company is Chery Group’s only NEV sales platform, and will be responsible for sales, management, leasing, and service of vehicles in the segment. On March 11, Roshow New Energy Technology Co., Ltd. signed a joint venture agreement with Chery Comme...

OEM Plants  Updated at: 2025/06/23

then expanding sales in stages. In 2024, Honda will launch an all-new CR-V FCEV built at the Honda Performance Manufacturing Center in Marysville, Ohio. On February 27, Honda revealed America’s first production plug-in hydrogen fuel cell electric vehicle, the 2025 Honda CR-V e:FCEV, available for leasing in California beginning later in 2024. With a 270-mile EPA driving range, the CR-V e:FCEV provides up to 29 miles of EV driving around town wi...

OEM Plants  Updated at: 2025/06/21

% in March, and to 40% by July within the ASEAN area, including Indonesia. The company is planning to invest not only 40 billion rupee initially, but also additional 10 billion rupee in production of left-hand drive models and exports to ASEAN. Hyundai Indonesia announced to inaugurate "First Rent" leasing service. The leasing period ranges from one to three years. After termination of the leasing period, a leased car can be bought at its residua...

OEM Plants  Updated at: 2025/06/17

a cabriolet version are available. Production of the smart fortwo electric drive started.. As the first batch, 1,000 cars will be produced to be offered to participants in a large-scale validation test project of electric vehicles "eMobility" to be conducted in Berlin from the end of the year. The leasing is offered for four years with a range of 60,000 kilometers. The leasing sales are scheduled to begin afterward in major cities in Europe targ...

OEM Plants  Updated at: 2025/06/16

tor Passenger Vehicle now serving as a pilot division. In the field of battery recycling, SAIC Motor is exploring a business model that separates cars and batteries based on battery lifecycle management and has established SEPT New Energy Technology (ENERGIEX). ENERGIEX will focus on the EV battery leasing business, with its business scope including development and promotion of battery swapping technology, battery operation management, etc. From ...

OEM Plants  Updated at: 2025/06/11

any announces bankruptcy Lightyear, Netherlands signs pre-order agreement with Arval for 10,000 vehicles Valmet Automotive, Finland starts change negotiation due to decrease in production Valmet, Finland ends production of Lightyear 0 at Uusikaupunki plant Lightyear, Netherlands partners with four leasing and car-sharing companies for Solar EV car Lightyear, Netherlands to focus on Lightyear 2 solar EV, scraps production of Lightyear 0 Sono Gro...

OEM Plants  Updated at: 2025/06/06

, and the new 5008 midsize crossover SUV were exhibited at the event. On October 19, DFM announced on the HKEX the acquisition of the specific land use rights, buildings, and structures located in Wuhan and Xiangyang, China of DPCA for CNY 1.714 billion. On the same day, the two parties agreed on a leasing arrangement that DFM will lease the target assets to DPCA for a term of 10 years. According to the announcement, DFM and Stellantis N.V., DPCA...

OEM Plants  Updated at: 2025/05/30

tor Passenger Vehicle now serving as a pilot division. In the field of battery recycling, SAIC Motor is exploring a business model that separates cars and batteries based on battery lifecycle management and has established SEPT New Energy Technology (ENERGIEX). ENERGIEX will focus on the EV battery leasing business, with its business scope including development and promotion of battery swapping technology, battery operation management, etc. On Ap...

OEM Plants  Updated at: 2025/05/23

hip rear-wheel-drive model will not go on sale. The show car boasts a turbo-charged 2.0-liter Theta GDI engine that generates upgraded maximum output of 300ps. Hyundai announced on May 20 that the first retail sale of the Tucson Fuel Cell is expected within the next several weeks. Under the Hyundai leasing program, approved lessees can drive Hyundai’s next-generation Tucson Fuel Cell for just $499 per month, including unlimited free hydrogen re...

OEM Plants  Updated at: 2025/05/22

on will start shortly in Sunderland in the UK. At the same time, the high-tech lithium-ion batteries are already being produced at a new facility nearby on the Sunderland site. Nissan announced the new pricing structure of its all-electric Leaf for UK market on April 11. For the first time, battery leasing is available for buyers. Buyers will be able to get behind the wheel of an entry-level Visia Leaf on that basis for 15,990 pounds (after recei...

OEM Plants  Updated at: 2025/05/20

15,000 people who have been registered on the website opened specifically for the order processing procedure. While sales prices of the electric car start at 32,780 dollars, the net price will be 25,280 dollars when the government subsidy of 7,500 dollars is taken into account. Nissan also offers a leasing plan. Nissan held a ground breaking ceremony to mark the start of construction of a new plant for batteries used in the electric car "Leaf." A...

OEM Plants  Updated at: 2025/05/14

l concept, pursuing a horizontal posture and a handsome demeanour. Toyota Motor Corporation announced on October 25 that it will begin general sales of its bZ4X electric SUV in Japan on November 13. Previously offered only through lease sales, including the "KINTO" subscription (one of the forms of leasing), the bZ4X will also be sold to the general public. In conjunction with the start of general sales, Toyota has also partially upgraded the bZ4...

OEM Plants  Updated at: 2025/05/09

y. Lifan Group will pay net asset value of Besiney as of June 30, 2012, to Effa Motors, current shareholder of Besiney, while taking over debts worth approximately US$32.2 million that Besiney owes. Besiney S.A., based in San Jose, develops multiple businesses including finance, engineering, trade, leasing, construction and provision of services. Lifan Group intends to step up exports to Brazil, Argentina, Venezuela and other Mercosur countries. ...

OEM Plants  Updated at: 2025/05/08

es (198 km) in the LA-4 mode. The car and its key functions can be controlled remotely by interactive remote and smartphone devices. The Fit EV will be delivered to the City of Torrance, Stanford University and California Google, with which testing on public roads will be conducted.. Sales based on leasing arrangement will start for general consumers in summer 2011with sales targeted at about 1,100 cars within three years. Honda Motor Co. has rep...

OEM Plants  Updated at: 2025/04/18

was unveiled that the company's new plant under construction in Pantnagar in the northern state of Uttarakhand at a cost of 13 billion rupees will begin operations by March 2010. Ashok Leyland has received an order for 1,000 buses, worth around USD 26 million (about Rs 120 crore), from the People's Leasing Company in Sri Lanka. Delivery of the 1,000 'Viking' buses, varying from 42 - 58 seaters, has to be completed before March 2011. These buses w...

OEM Plants  Updated at: 2025/04/11

and buildings, vehicle manufacturing plant, machinery and equipment and transfer of all eligible employees of FIPL Sanand vehicle manufacturing operations, subject to the signing of definitive agreements and receipt of relevant approvals. FIPL will operate its powertrain manufacturing facilities by leasing back the land and buildings of the powertrain unit from TPEML. TPEML would invest in new machinery and equipment which is necessary to commiss...

OEM Plants  Updated at: 2025/04/11