Northvolt Ett, Skellefteå Gigafactory Lithium-ion battery cells (2022-2025, Planning-); Former Northvolt Skellefteå plant, which was acquired by Lyten, plans to restart operations upon completion of the transaction. - In August 2025, Lyten, Inc. acquired Northvolt Ett facility and its expansion in Skellefteå, Sweden. - Number of Employees: over 3,500 (as of March 2025). - In September 2024, Northvolt suspended the expansion of the Skellefte...

OEM Plants  Updated at: 2025/10/10

e its investment business at the Togliatti special economic zone in Samara State. Also, Opel intends to raise the local procurement ratio in Russia to 60%. On January 26, multiple sources reported that Art-Finance LLC, the parent company of Russia's AGR Automotive Group auto holding has completed a transaction to purchase the assets of Hyundai Motor in Russia. Art-Finance took over two production sites in St. Petersburg: a plant in the Kamenka in...

OEM Plants  Updated at: 2025/10/10

ned Assets Supervision and Administration Commission (SASAC) of Anhui Province, JAC and Volkswagen Group signed a JAC investment agreement. JAC and Volkswagen Group signed an investment agreement and a framework agreement on the product portfolio of JAC Volkswagen. Parties plan to complete relevant transactions on December 31, 2020 after approvals are obtained from relevant departments. Upon the completion of relevant transactions, Volkswagen (Ch...

OEM Plants  Updated at: 2025/10/10

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: 2025/10/09

said that it delivered 1,300 vehicles in January and February, after having shipped roughly 5,000 of the 10,000 cars that its contract manufacturing partner, Magna Steyr, produced in Graz, Austria in 2023. On March 25, Fisker said talks with a large automaker, expected to be Nissan, for a potential transaction have been terminated, leading it to search for strategic options, including in- or out-of-court restructurings, and capital markets transa...

OEM Plants  Updated at: 2025/10/09

otors (GM) reached an agreement for the sale of GM India’s Talegaon manufacturing facility, subject to requisite government and regulatory approvals. Under a binding term sheet signed on January 16, 2019, the GM India legal entity, which includes the Talegaon facility, will transfer to GWM. The transaction would underpin GWM plan to enter and invest in India. Great Wall Motors will officially debut its Haval brand and GWM EV at the Delhi Inte...

OEM Plants  Updated at: 2025/10/07

l bus, built in High Point, North Carolina, and Freightliner Custom Chassis Corporation’s (FCCC) all-electric MT50e last-mile delivery truck, built in Gaffney, South Carolina, using Proterra’s battery technology. On February 1, the Volvo Group announced it has completed the previously announced transaction to acquire the battery business from Proterra Inc. and Proterra Operating Company Inc. The acquisition, made at a purchase price of USD 21...

OEM Plants  Updated at: 2025/10/07

include graphite (in addition to cobalt, lithium, nickel, mica and the tracking of carbon emissions). The programme assesses all tiers of their supply chain, from mining to their manufacturing facilities. On November 14, Volvo Cars announced the divestment of its 30% stake in Lynk & Co to Zeekr, a transaction representing a consideration of RMB 5.4 billion (approx. SEK 8 billion). The transaction is expected to close during the first quarter of ...

OEM Plants  Updated at: 2025/09/30

p maintain competitiveness of Foton Motor’s commercial vehicles during implementation of China 6 and even stricter emission standards in the future. On March 23, Foton Motor announced that it intends to reclaim CNY 178,475,300 of assets and CNY 78,087,000 of liabilities from Beijing Borgward at a transaction amount no higher than the assessment value reported by Beijing Automotive Group Co., Ltd. Foton Motor also agreed to use the tax-included ...

OEM Plants  Updated at: 2025/09/29

X that it will sell all of its shares, a 45% stake, of Chongqing Livan Automotive Technology Co., Ltd. (Livan Auto), held by its subsidiary Zhejiang Jirun Automobile Co., Ltd., to Zhejiang Geely Qizheng Automobile Technology Co., Ltd. at a CNY 504 million cash consideration. Upon completion of the transaction, Geely Auto will no longer hold any equity in Livan Auto and gain estimated proceeds of around CNY 117 million. According to multiple pres...

OEM Plants  Updated at: 2025/09/29

nced on the Shanghai Stock Exchange (SSE) its plan for a CNY 6.5 billion capital increase in VW Anhui with VW China in equal proportion to their shareholding ratios. JAC Group and VW China will contribute CNY 1.625 billion and CNY 4.875 billion, respectively, in cash. Upon completion of the related transaction, the two parties’ respective shareholding ratios will stay unchanged at 25% and 75%. On May 31, JAC Group announced on the Shanghai Stoc...

OEM Plants  Updated at: 2025/09/28

y of Nanchong Geely New Energy Commercial Vehicle Development Co., Ltd. (Nanchong Geely New Energy) held by Geely Sichuan Commercial Vehicle Co., Ltd. by means of share issuance and to raise supporting funds from no more than 35 investors by means of share issuance to specific targets. Through this transaction, Hanma Technology will be able to effectively strengthen its exploration in the fields of midsize and large new energy buses and enhance i...

OEM Plants  Updated at: 2025/09/25

may be up to 10 thousand units, depending on the dynamics of demand in the Russian automotive market. In 2025-2027, the production of new LADA cars in St. Petersburg can reach up to 50-70 thousand per year if there is a positive trend in the market. On February 7, AvtoVAZ announced the closing of a transaction to acquire a stake in the authorized capital of LLC Nissan Manufacturing RUS. AvtoVAZ will resume car production at the former Nissan plan...

OEM Plants  Updated at: 2025/09/25

Group Co., Ltd. (GAC Industry), a controlling shareholder, for a consideration of around CNY 1.118 billion, and that GAC Capital Co., Ltd., a wholly-owned subsidiary, plans to transfer its 3% equity in Greater Bay Technology to GAC Industry for a consideration of around CNY 212 million. Through the transactions, GAC Group will further optimize and integrate investment assets in the area of New Energy Vehicle power batteries. On January 10, GAC Gr...

OEM Plants  Updated at: 2025/09/25

and Chongqing Liangjiang New Area Chengwei Equity Investment Fund Partnership (L.P.) (Chengwei Fund). According to the agreements, Changan Auto will acquire 7.71% and 2.63% equity interests in Changan New Energy currently held by Changxin Fund and Chengwei Fund, respectively. Upon completion of the transactions, the shareholdings of Changan Auto, Changxin Fund and Chengwei Fund will increase from 40.66% to 51.00%, decrease from 11.08% to 3.37% an...

OEM Plants  Updated at: 2025/09/24

ase price of USD 210 million. The assets to be acquired include a development center for battery modules and packs in California and an assembly factory in South Carolina. With this acquisition, the Volvo Group seeks to complement its current battery-electric road map and accelerate its future. The transaction between Proterra Inc. and Proterra Operating Company as sellers and Volvo is subject to approval by the bankruptcy court in the US. Closin...

OEM Plants  Updated at: 2025/09/24

ase price of USD 210 million. The assets to be acquired include a development center for battery modules and packs in California and an assembly factory in South Carolina. With this acquisition, the Volvo Group seeks to complement its current battery-electric road map and accelerate its future. The transaction between Proterra Inc. and Proterra Operating Company as sellers and Volvo is subject to approval by the bankruptcy court in the US. Closin...

OEM Plants  Updated at: 2025/09/24

actively promoting the automotive product definition and team building. It has established an automotive team consisting of 300 people so far. In addition, on August 25, Xiaomi Corporation announced the acquisition of Deepmotion Tech Limited, an autonomous driving technology company, with a total transaction value of approximately USD 77.37 million (CNY 503 million). According to various media sources, Mr. Jun LEI, CEO of Xiaomi Corporation,...

OEM Plants  Updated at: 2025/09/24

State-owned Assets Supervision and Administration Commission of Jinan Government (Jinan State-owned Commission), its associate company’s major shareholder, will transfer 45% of the shares of China National Heavy Duty Truck Group Co., Ltd. (Sinotruck) to Shandong Heavy Industry Co., Ltd. After the transaction is completed, Sinotruck’s share ownership ratios will be: Shandong Heavy Industry 45%, Jinan State-owned Commission 35% and Shandong Sta...

OEM Plants  Updated at: 2025/09/23

n was approved by the board of directors of the group. The Shenyang Plant currently produces mid-to large-sized buses of seven to twelve meters long based on technology of Hino Motors, Ltd. GAC Hino Motors currently has a 90.02% stake in the plant but this will be reduced to 10%. The details of the transaction including new stake holders and transfer price are to be discussed later. In its financial report for the first half of 2014, Guangzhou Au...

OEM Plants  Updated at: 2025/09/23