rategic expansion, IONCOR, Valmet Automotive’s battery systems subsidiary, will become a subsidiary of Finnish Minerals Group (FMG), a state-owned company developing the battery value chain. Alongside FMG, Varma Mutual Pension Insurance Company and Pontos Group will also join as owners. After the transaction FMG will hold 70% of IONCOR, Varma 16%, and Pontos 14%. In 2024, Valmet began a strategic review to make its business areas more independe...

OEM Plants  Updated at: 2025/12/22

oming D-SUV offerings. With this expansion, Nissan targets 100,000 units annually in combined domestic sales and exports from India. On March 31, 2025, Renault Group announced that it would acquire Nissan's 51% stake in their joint venture, Renault Nissan Automotive India Private Ltd (RNAIPL). This transaction will give Renault full ownership of RNAIPL upon completion, which is expected by mid-2025, subject to regulatory approvals. The deal inclu...

OEM Plants  Updated at: 2025/12/19

s announced the closing of a deal to acquire the Russian assets of Mercedes-Benz. The Ministry of Industry and Trade of Russia and the Avtodom are working out options for attracting industrial partners for the quick restart of the production site in Esipovo. Avtodom completed the final stage of the transaction for the transfer of shares and shares of Mercedes-Benz AG in the Russian subsidiaries of Avtodom JSC, including Mercedes-Benz Rus JSC (off...

OEM Plants  Updated at: 2025/12/19

Aurobay will remain a strategic partner to Volvo Cars and the sole provider of hybrids and mild-hybrid powertrains. The proceeds from the divestment will be used in Volvo Cars' transformation to a fully electric company, including its new production line for electric motors in Skövde, Sweden. The transaction is expected to be closed before year-end of 2022, provided necessary regulatory approvals have been obtained....

OEM Plants  Updated at: 2025/12/18

es a dazzle-like camouflage. On June 16, Renault Group announced the sale of 148 hectares of land at its Douai plant to Douaisis Agglo and the Etablissement Public Foncier Nord (EFP). This agreement is part of the implementation of the new Renault Electricity entity announced on June 9th. This land transaction will enable Renault ElectriCity to improve the compactness of its Douai site and to optimize the structural and operating costs of the new...

OEM Plants  Updated at: 2025/12/18

r which the company will need one or more partners to support such activities. On April 11, Lucid announced it has reached an agreement to acquire facilities and assets in Arizona previously belonging to Nikola Corp., subject to approval by the U.S. Bankruptcy Court for the District of Delaware.The transaction does not include the acquisition of Nikola's business, customer base, or hydrogen fuel cell electric truck technology. Lucid will take ove...

OEM Plants  Updated at: 2025/12/17

ault Group acquired Nissan’s 51% shareholding in Renault Nissan Automotive India Private Ltd (RNAIPL), becoming its sole owner - March 2025: Renault Group will acquire Nissan’s 51% shareholding in Renault Nissan Automotive India Private Ltd (RNAIPL), resulting in 100% ownership by Renault. The transaction is anticipated to be completed by the end of H1 2025. - Total employees: 15,000 (As of 2023) - Founded in 2008 Nissan Motor India inaugur...

OEM Plants  Updated at: 2025/12/17

the Yaris Hatchback were produced at Mazda’s Salamanca Plant in Mexico in which the production of both models ended in June. On November 30, Mazda Motor Corporation and Sumitomo Corporation agreed to Mazda acquiring all of Sumitomo’s shares in Mazda de Mexico Vehicle Operation (MMVO). With the transaction, MMVO will be fully owned by Mazda by the end of the fiscal year ending in March 2021. Toyota and Mazda announced on November 9 that they ...

OEM Plants  Updated at: 2025/12/17

d Contemporary Amperex Technology Co., Ltd. (CATL). The registered capital of the JV will be CNY 1.5 billion. Specifically, Changan Auto will contribute CNY 285 million, holding 19%; Changan NEV will contribute CNY 450 million, holding 30%; and CATL will contribute CNY 765 million, holding 51%. The transaction will also be subject to the approval of the State Anti-Monopoly Bureau. In addition, Changan Auto disclosed the progress of its acquisitio...

OEM Plants  Updated at: 2025/12/17

d Contemporary Amperex Technology Co., Ltd. (CATL). The registered capital of the JV will be CNY 1.5 billion. Specifically, Changan Auto will contribute CNY 285 million, holding 19%; Changan NEV will contribute CNY 450 million, holding 30%; and CATL will contribute CNY 765 million, holding 51%. The transaction will also be subject to the approval of the State Anti-Monopoly Bureau. In addition, Changan Auto disclosed the progress of its acquisitio...

OEM Plants  Updated at: 2025/12/17

2.0L (for export) *Ford lease back the land and buildings and operates the production. Ford Figo, Figo Aspire(2015- 2021)/ Ka+ (for export, 2016- 2019), FreeStyle (2018- 2021); Tata Passenger Electric Mobility Limited (TPEML)'s engine and vehicle plant, purchased from Ford India, and completed transaction in January 2023. - On January 10, 2023, TPEML announced that they had completed the transaction with Ford India Private Limited (FIPL), a...

OEM Plants  Updated at: 2025/12/15

Aurobay will remain a strategic partner to Volvo Cars and the sole provider of hybrids and mild-hybrid powertrains. The proceeds from the divestment will be used in Volvo Cars' transformation to a fully electric company, including its new production line for electric motors in Skövde, Sweden. The transaction is expected to be closed before year-end of 2022, provided necessary regulatory approvals have been obtained. On April 25, Aurobay announc...

OEM Plants  Updated at: 2025/12/11

ectric school buses in Joliet, Illinois and Saint-Jérôme, Quebec. On December 5, Lion Electric announced that it has reached a definitive agreement with Aéroport de Montreal to sell its innovation center facility located in Mirabel, Québec, for a purchase price of CAD 50,000,000. Closing of the transaction is expected to occur before the end of 2024, subject to the satisfaction of customary closing conditions. No indication was given on susta...

OEM Plants  Updated at: 2025/12/11

cial Responsibility Report. The report pointed out that Beijing Benz vigorously develops clean energy systems such as photovoltaic power generation and ground source heat pumps; actively participates in the pilot work of green power procurement in Beijing, promotes the implementation of green power transactions, and becomes the first batch of green power transaction pilot enterprises in the capital; through a series of measures such as rainwater ...

OEM Plants  Updated at: 2025/12/10

MEB-platform-based product portfolio and be based on both parties’ core capabilities and the XPeng G9 platform, with a launch planned in 2026. VW Group is investing approximately USD 700 million in XPeng and will ultimately hold about 4.99% stake in XPeng at USD 15 per ADS. Upon completion of the transaction, the Group will hold a seat as an observer on the XPeng board of directors. In addition, Audi signed a strategic memorandum with SAIC Moto...

OEM Plants  Updated at: 2025/12/09

n travel longer than 100km. The market price will be around 170,000-180,000 yuan. Using government subsidy of 60,000-80,000 yuan, actual purchase price will be around 100,000 yuan. On April 6, SAIC Motor Corporation (SAIC Motor) publicly announced its plan for assets restructuring and resumed share transactions of SAIC Motor and Huayu Automotive Systems Co. SAIC Motor intends to purchase by way of private offering from its two parents including S...

OEM Plants  Updated at: 2025/12/09

mission variations will also be consolidated into GF6 series 6-speed automatic transmission for front-wheel drive. Shanghai General Motors has signed an import contract worth $900 million with General Motors. Shanghai GM will import three brand models, Cadillac, Buick and Chevrolet and their parts. Transaction volume is estimated at 500 million for finished cars and 400 million for parts. Shanghai-GM began accepting bookings for the new Chevrolet...

OEM Plants  Updated at: 2025/12/09

acturing, sales and maintenance operations of vehicles on the road. On December 5, Lion Electric announced that it has reached a definitive agreement with Aéroport de Montreal to sell its innovation center facility located in Mirabel, Québec, for a purchase price of CAD 50,000,000. Closing of the transaction is expected to occur before the end of 2024, subject to the satisfaction of customary closing conditions. No indication was given on susta...

OEM Plants  Updated at: 2025/12/09

arsBeijng: Global Software Development Center - On December 18, 2023, NIO Inc. entered into a share subscription agreement with CYVN Holdings L.L.C., through its affiliate CYVN Investments RSC Ltd (CYVN), an investment vehicle based in Abu Dhabi. Following the completion of the December Investment Transaction, CYVN will beneficially own approximately 20.1% of NIO's total issued and outstanding shares. CYVN will be entitled to nominate two direct...

OEM Plants  Updated at: 2025/12/01

BMW China). Currently, Brilliance Auto Group Holdings Co., Ltd. (Brilliance Auto Group) holds 100% of Brilliance Motor equity, thereby solely controlling Brilliance Motor. BMW China has signed an agreement with Brilliance Auto Group to acquire all shares of Brilliance Motor. Upon completion of the transaction, Brilliance Motor will be wholly owned by BMW China. On December 16, BMW Group held a pre-New Year’s media conference. At the online ev...

OEM Plants  Updated at: 2025/11/28