egy On December 15, Faraday Future announced that it expects to start production of a saleable FF 91 Futurist at the end of March 2023, coming off the assembly line in early April with deliveries before the end of April, subject to the timely availability of USD 150 to USD 170 million of additional funding and timely stockholder approval of an authorized share increase. The company also announced it had completed construction and equipment instal...

OEM Plants  Updated at: 2025/12/23

Cylib, Germany secures grant to launch Europe’s first LFP battery recycling line On December 19, cylib, a German battery recycling company, secured a EUR 63.4 million grant from the German Federal Ministry for Economic Affairs and Energy (BMWE) to support the second expansion phase of its Dormagen facility. The funding will enable cylib to build Europe’s first industrial-scale LFP recycling line, doubling the planned capacity to 60,000 tonne...

News  Updated at: 2025/12/22

Production of Battery Cells (FFB) produced its first electrically functional lithium-ion battery cell at its “FFB PreFab” research factory in Münster, marking the first complete battery cell production process achieved using European equipment. The federal government will provide the required funding to set up the Fraunhofer FFB so it can meet its goal of building a research factory on a gigafactory scale. The project’s total cost has inc...

News  Updated at: 2025/12/22

Antolin invests EUR 14.98 million in electric and connected vehicles in Spain Grupo Antolin-Irausa, S.A. (Antolin) has received funding from the Ministry of Industry and Tourism (Spain) under the framework of PERTE VEC for its EUR 14.98 million investment plan to improve production and develop new components for electric and connected vehicles. The funding includes EUR 3.54 million in grant and EUR 1.50 million in loan. The plan consists of three...

News  Updated at: 2025/12/22

very to customers. The E-SELF research project is among a range of initiatives designed to enhance the Ford Cologne EV Centre, where production of EVs begins this year. Ford is conducting the two-and-a-half-year trial. The Federal Ministry of Economy and Climate Protection provided EUR 2 million in funding. The E-SELF project uses vehicle-to-infrastructure communication to control and monitor vehicles. Sensors located around the plant can identif...

OEM Plants  Updated at: 2025/12/22

working under new structure Rimac Technology becomes an independent business entity Rimac Nevera completes final crash test Bugatti Rimac to open new Berlin design and engineering hub Rimac Nevera completes final winter tests ahead of first customer deliveries Porsche participates in further Rimac funding round Rimac starts production of Rimac Nevera Rimac to complete construction of production hall in Zagreb, Croatia by mid of 2023 Rimac Tech...

OEM Plants  Updated at: 2025/12/22

ce the announcement on 27th July 2020 of a restructuring programme that puts up to 650 jobs at risk across all of the company’s UK facilities, ADL has continued its dialogue with the UK and Scottish Governments and other stakeholders. However, there remains no immediate visibility of the stimulus funding urgently required to support operators to place orders, making it necessary to begin the formal consultation on the proposed changes. Followin...

OEM Plants  Updated at: 2025/12/22

on the site to test the batteries developed. At the start, the production plant is to go into operation with a capacity of at least 100 MWh per year. This corresponds to high-performance battery cells for around 1,000 vehicles. The Federal Republic of Germany and the state of Baden-Württemberg are funding the project with around EUR 60 million. On September 21, Cellforce Group GmbH (CFG) announced that it is using two extruders from Coperion at ...

OEM Plants  Updated at: 2025/12/22

Volta Energy Solutions Canada battery materials plant on track with CAD 194 million funding On December 15, Volta Energy Solutions Canada (VESC) announced that it has been selected to receive CAD 194 (USD 40 million) from the Supply Chain Resilience Fund, under the Leading Company Supply Chain Resilience program hosted by the Korean Ministry of Economy and Finance. Volta Energy Solutions Canada is an overseas subsidiary of Solus Advanced Materia...

News  Updated at: 2025/12/20

loping hybrid engine with extended range Renault introduces E-Tech 145 bhp full hybrid Symbioz model Renault increases workforce by 1,000 at Valladolid plant, Spain to meet rising production demand Spain approves 7 new projects of line B of PERTE VEC II Renault secures EUR 27.7 million in PERTE VEC funding for battery projects in Spain Renault Valladolid plant, Spain cuts night shift due to lower demand Spanish automotive factories resume product...

OEM Plants  Updated at: 2025/12/20

cquisition money is received, a meeting of stakeholders and creditors will be held. On April 3, Mahindra and Mahindra (M&M) informed that its board took a decision that it will not be able to inject any fresh equity into SsangYong Motor Company (SYMC) and has urged SYMC to find alternate sources of funding. However, with a view to enable SYMC to have continuity of business operations, whilst they are exploring alternate sources of funding, the bo...

OEM Plants  Updated at: 2025/12/19

monolithic SoCs. The project unites 18 members, including BMW Group, Renault/Ampere, Stellantis, Valeo, Arteris, Axelera AI, Infineon, Menta, NXP, Tenstorrent, Siemens, TTTech Auto, CEA, CHIPS-IT, imec, and Fraunhofer. It is supported by the Chips Joint Undertaking and its members, including top-up funding by France, Germany, the Netherlands, and the United Kingdom. (From a press release dated December 15, 2025)...

News  Updated at: 2025/12/19

is normalising following August’s cyber incident and, with the manufacture of a new EV model starting this week in Sunderland, the sector can look forward with some optimism. Growth is expected next year, with the industry poised to reap the benefits of recent UK government backing - notably new funding, modernised trade deals and efforts to reduce energy costs. The growth this package seeks to create, however, would be undermined if the UK be...

Automotive Production Data  Updated at: 2025/12/19

is normalising following August’s cyber incident and, with the manufacture of a new EV model starting this week in Sunderland, the sector can look forward with some optimism. Growth is expected next year, with the industry poised to reap the benefits of recent UK government backing - notably new funding, modernised trade deals and efforts to reduce energy costs. The growth this package seeks to create, however, would be undermined if the UK be...

News  Updated at: 2025/12/19

4WD will begin in May 2011. On August 19, the Portuguese government, AICEP, and Volkswagen have signed an agreement to produce the new ID.Every1 electric car at the Autoeuropa Palmela plant. Volkswagen will receive up to EUR 30 million in support, as part of a total EUR 270 million investment. The funding will help the plant stay competitive globally by producing new cost-efficient models while supporting Europe’s carbon-neutral goals. It will...

OEM Plants  Updated at: 2025/12/19

gzhou City, starts production in October 2023 - The planned production capacity of the first phase of the project is 4.1GWh, and the planned capacity of the second phase of the project is to increase by 3.9GWh. - established in September 2020. GAC Group’s Greater Bay Technology completes Series A funding of nearly CNY 1 billion Greater Bay Technology breaks ground on headquarters and production base GAC Group pours CNY 10.9 billion into buildi...

OEM Plants  Updated at: 2025/12/19

Oben Electric, India raises INR 850 million pre Series B funding On December 18, Oben Electric raised INR 850 million in a pre‑Series B funding round from several Indian American family offices, along with existing investors, taking its total funding to INR 2.85 billion. The company plans to use the new capital to expand its national retail footprint, increase brand visibility, and accelerate new product development and launches.  The electric...

News  Updated at: 2025/12/18

on at Zona Franca plant, Spain Ebro to produce four models by end of 2025 at Zona Franca plant, Spain EV Motors takes over Zona Franca plant, Announces S700 SUV production starting November 2024 EBRO starts production of S700 SUV in Zona France plant, Spain Government of Catalonia, Spain to provide funding to Ebro Ebro begins production of new S800 model at Zona Franca factory, Spain Ebro to begin production of PHEV models from March 2025 Ministe...

OEM Plants  Updated at: 2025/12/18

an be connected simultaneously. ChargeX developed the idea of a power strip for charging stations as part of the Future Mobility Incubator, the foundation scheme for start-ups in the Transparent Factory.The Office of Economic Development for the City of Dresden is also providing about EUR 36,500 of funding for a pilot project in which ChargeX will conduct practical testing of integrated charging control (load management). On June 20, Volkswagen i...

OEM Plants  Updated at: 2025/12/18

nvolves processing waste from used Nissan Leaf batteries and production scraps to create high-nickel cathode active materials (CAM) for testing in future EV batteries. The program is part of a GBP 30 million collaborative project by the Advanced Propulsion Centre (APC), which has been awarded grant funding of GBP 15 million. The program will strengthen the technical expertise and R&D capability of the Nissan Technical Centre Europe (NTCE) in Cran...

OEM Plants  Updated at: 2025/12/18