rganization was implemented through share transfers and adjustments of business services among several BYD subsidiaries. Through the reorganization, BYD Microelectronics obtained a 100% share of Ningbo BYD Semiconductor Co., Ltd., a 100% share of Guangdong BYD Energy Saving Technology Co., Ltd. and acquired the services related to intelligent optoelectronics, LED light sources and LED applications from Huizhou BYD Industrial Co., Ltd. In recent d...

OEM Plants  Updated at: 2025/07/03

billion Hongkong dollars). Its parent company, BYD Company Limited announced in September 2008 that it had signed a capital collaboration contract with "MidAmerican Energy Holdings Company," an energy subsidiary of "Berkshire Hathaway Inc." led by a U.S. investor Warren Edward Buffett. MidAmerican acquired a 9.89 percent equity stake in BYD in the form of accepting new issue stocks for 250 million dollars (1.8 billion Hong Kong dollars). While t...

OEM Plants  Updated at: 2025/07/03

mpany was established on March 11, 1994. BYD acquires 100% equity in Silver Bus According to multiple press releases dated November 29, a public notice of transactions released recently by the Xi’an Public Resources Trading Center (XPRTC) revealed that BYD Auto Co., Ltd. (BYD) has successfully acquired 100% of Xi’an Gaoke (Group) Corp.’s equity in Xi’an Silver Bus Co., Ltd. (Silver Bus) with CNY 166 million. The public notice period en...

OEM Plants  Updated at: 2025/07/03

o work on establishing a full vehicle production line. On November 18, EV MOTORS, S.A., the parent company of the Ebro automobile brand, announced that it has took over the company that manages the industrial hub and the former Nissan factory in the Zona Franca. On March 1, 2024, EBRO MOTORS EUROPE acquired 43% of EBRO URBAN VANS from QEV TECHNOLOGIES, becoming its sole owner. Meanwhile, SUSTAINABLE MOBILITY VEHICLES acquired 38.72% of HUB TECH F...

OEM Plants  Updated at: 2025/07/03

ution for two-tone paint cars in Spain's Valladolid and Palencia plants. The modification to the painting process reduces waste by stripping the paint after application, leading to cost benefits and improvements in quality and environmental impact. On June 12, Groupe Renault informed that expertise acquired in the electric vehicle and Formula 1 now enables it to offer hybrid powertrains that has been the subject of more than 150 patents. The powe...

OEM Plants  Updated at: 2025/07/02

ineups to 17 countries including Mexico, Chile and Colombia in addition to Brazil. According to multiple press releases dated November 29, a public notice of transactions released recently by the Xi’an Public Resources Trading Center (XPRTC) revealed that BYD Auto Co., Ltd. (BYD) has successfully acquired 100% of Xi’an Gaoke (Group) Corp.’s equity in Xi’an Silver Bus Co., Ltd. (Silver Bus) with CNY 166 million. The public notice period en...

OEM Plants  Updated at: 2025/07/02

ehicle software development. Also collaborated with NTT Data Group Corporation and FPT Corporation for software development and human resource training. 3 5 Magna International Inc. 42,836 42,797 ・New programs, price hikes, and the acquisition of Veoneer, Inc. led to an increase in revenues.・ Acquired HE System Electronic GmbH (now Magna Power Modules Veitsbronn (MPMV), a manufacturer of ultra-compact electronic assemblies for industrial an...

Market & Tech Reports  Updated at: 2025/07/02

Novo Energy, Sweden divests R&D subsidiary to Volvo Group On July 1, NOVO Energy AB announced that it has reached an agreement under which Volvo Group has acquired its subsidiary, NOVO Energy R&D AB. With the completion of the transaction, all NOVO R&D employees have been transferred to Volvo Group. The lab and its staff will continue to operate from their current facility in Eriksberg, Gothenburg. Based on Novo Energy press release...

News  Updated at: 2025/07/02

elease dated February 2, 2024) >>>Locations-As of December 31, 2024, the Company has more than 500 locations across 40 countries, including 249 production facilities and campuses and 78 research and development centers. Dec. 1997 Ecia, a 68% subsidiary of PSA Peugeot Citroen established in 1929, acquired Bertrand Faure, the largest European seat manufacturer established in 1914. Jun. 1999 The merger of Ecia and Bertrand Faure was approved at...

Major Suppliers  Updated at: 2025/07/02

ive. Jan. 2020 The Company was sold by Adient to Raven Acquisitions LLC. Oct. 2020 Opened new North American facility, Recaro Automotive HQ, in Clinton Township, Michigan. Jul. 2024 The Company has filed for insolvency with the Local Court of Esslingen in Germany. Dec. 2024 The company was acquired by Proma Group. CES 2022: Recaro and InnovationLab, Germany announce partnership Recaro presents all-new modular Recaro Performance Seat P...

Major Suppliers  Updated at: 2025/07/02

001 The European Commission proposed the divestitures of the Company's Aerospace division. GE refused the proposal. Jul. 2001 The European Commission rejected the acquisition. Oct. 2001 GE and the Company announced that they have terminated their merger agreement on October 2, 2001. Aug. 2002 Acquired Invensys Sensor Systems. Jan. 2003 The Company and Federal-Mogul Corp. entered into a letter of intent pursuant to which Federal-Mogul woul...

Major Suppliers  Updated at: 2025/07/02

rco Polo Camper; EV middle-size vans (VAN.EA platform base) (2026-planning); Commercial van assembly plant, Mercedes-Benz Vans - Number of employees: 4,800 (as of 2024) - Additional investment: EUR 1.2 billion (USD 1.2 billion) - Investment: EUR 260 million (USD 281 million) - Established in 1954 (acquired by Daimler since 1981) Mercedes-Benz to launch Argentine-built new-gen Sprinter by end of 2019 Mercedes-Benz starts sales of all-...

OEM Plants  Updated at: 2025/07/01

Yazaki acquires site of Jatco’s former Kakegawa Plant On June 30, Yazaki Corporation (Yazaki) announced that it has acquired the site of the former Kakegawa Plant (approximately 96,000 square meters) of Jatco Ltd. in Kakegawa City, Shizuoka Prefecture. Yazaki will designate it as a plant for electrification-related products, aiming to begin operations at the plant by the end of 2026. The company is expected to invest a maximum of JPY 20 billion...

News  Updated at: 2025/07/01

Tesla nears completion of LFP battery manufacturing facility in Nevada On June 28, Tesla announced on social media that it is nearing completion of the company’s first Lithium Iron Phosphate (LFP) cell manufacturing factory in North America.  The LFP battery factory is part of the broader expansion of Gigafactory Nevada near Sparks, Nevada with some production line equipment acquired from China's CATL.  The initial capacity of the Nevada LFP ...

News  Updated at: 2025/07/01

sui Kinzoku ACT 27％ - U-SHIN 14％ - Others 6％ [Global]Global Market Share: Side Door Latches-  Kiekert is market leader with an 21% market share.-  Aisin, Mitsui Kinzoku ACT and Inteva Products are competing for position behind Kiekert with market shares ranging between 12% and 16%. Inteva acquired the Body Systems unit of ArvinMeritor (now Meritor) in 2011.-  Other suppliers with significant market share include Magna International and...

Who Supplies Whom  Updated at: 2025/07/01

June 1 the new "AD3 Turbo Truck." It also set up a service center for commercial vehicles in Shah Alam, Selangor. The new truck is powered by a 3,900 cc engine . It is priced at 85,733 ringgit. Reported on July 16, Malaysia Bermaz Auto (BAuto) has outlined further plans for its Kia brand, which it acquired in April. BAuto is aiming to revitalize interest in Kia brand with an aggressive push involving new models as well as through electrification...

OEM Plants  Updated at: 2025/06/30

Ronbay, China and Rock Tech Lithium sign MoU for lithium-ion battery materials supply chain in Europe On June 26, Rock Tech Lithium Inc., and Ronbay Technology Co., Ltd. Ningbo, China signed a memorandum of understanding (MoU). Rock Tech will supply battery-grade lithium hydroxide from its Guben converter to Ronbay’s European CAM operations, including its newly acquired plant in Konin, Poland. Ronbay will support Rock Tech by introducing experi...

News  Updated at: 2025/06/27

gned a contract with Fiat for production under license in September 2005. The company plans to produce 16,000 units of the Fiat Punto annually for sale in the domesitic market as well as in other Balkan states under the brand name of "Zastava 10." - Established in 1953 by Zastava Automobiles, later acquired by Fiat Automobili Srbija (FAS) in 2008. Fiat all-new Panda set to produce in Kragujevac Serbia Stellantis inaugurates production lines of K...

OEM Plants  Updated at: 2025/06/26

Cruise LLC, subsidiary of General Motors (San Francisco) GM's subsidiary in charge of self-driving vehicle technology - Employees : 1,800 - Wholly acquired by General Motors in March 2016 for an undisclosed amount - Established in October 2013 as Cruise Automation Roads and Transport Authority, Dubai and Cruise test autonomous vehicles On October 12, the Roads and Transport Authority (RTA) in Dubai and Cruise, which specializes in autonomous veh...

OEM Plants  Updated at: 2025/06/26

construction business from its automotive parts business. 2010 Entered bus and coach air-conditioning market. 2013 Formed joint venture with Shaanxi Wanfang Autoparts Co. Ltd., called Eberspaecher Exhaust Technology Xi'an Co., Ltd., to produce commercial aftertreatment systems in China. Fully acquired joint venture company OTEM ZAO, a supplier of vehicle heaters and climate control systems, in Russia. Formed joint venture with Mikuni Corp...

Major Suppliers  Updated at: 2025/06/26