V-Green signs agreement with VNPT to expand e-mobility infrastructure network across Vietnam Announced on May 26, 2026, V-Green and Vietnam Posts and Telecommunications Group (VNPT) signed an agreement to deploy e-mobility infrastructure across VNPT’s nationwide network of transaction points and facilities. Under the plan, around 6,000 battery swapping cabinets and 100 EV charging stations will be installed at approximately 2,500 VNPT locations...

News  Updated at: 2026/05/29

r year was built in Shushary in the suburbs of St. Petersburg in 2008 but closed in 2015 as part of GM’s decision to reduce its international operations. 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: 2026/05/29

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: 2026/05/28

Surface Transforms, UK, sells all its business and assets to CCST Limited On May 22, Surface Transforms plc announced that it had entered into an asset sale agreement to sell all the business and assets of the company substantially to CCST Limited. This transaction is now completed. The assets included in the transaction include the trading business, computer systems, intellectual property, contracts, equipment, stock, records, and goodwill of th...

News  Updated at: 2026/05/26

014 Changchun Faway Automobile Components Co., Ltd. announced that Johnson Controls Asia Holdings Co., Ltd., its joint-venture partner, will transfer the entire 50 percent share it holds in Changchun FAWAY Johnson Controls Automotive Electronics Co., Ltd. to Visteon Global Electronic, Inc. When the transaction is completed, Changchun FAWAY Johnson Controls Automotive Electronics will be owned 50 percent each by Changchun Faway and the Visteon Gro...

Major Suppliers  Updated at: 2026/05/26

ture network across more than 13,000 Vietnam Post service points nationwide, including over 16,000 battery swapping cabinets and around 2,000 parking spaces integrated with electric vehicle charging stations. The rollout will span 34 provinces and cities, with an average distance of 2.82 km between transaction points and at least one point per commune. In 2026, at least 11,000 battery swapping cabinets are expected to be installed and operational...

News  Updated at: 2026/05/26

and can operate in environments as low as -30°C. -In January 2025, MAHLE reached an agreement to sell its 40% stake in Langfang Kokusan Electric. Under the agreement, Langfang Jinrun Technology Group will acquire 28.5%, while Langfang State-owned Assets Management Co., Ltd. will acquire 11.5%. The transaction remains subject to customary regulatory approvals and is expected to be completed in the first half of 2025. MAHLE stated that the sale is...

Major Suppliers  Updated at: 2026/05/26

OEM brands. The strategic partnership will bring together BYD’s seating production activities in Shenzhen, Xi’an and Changsha. Sales generated by this new company are expected to reach RMB 2.4 billion by 2020. (From a press release on October 31, 2017) Faurecia announced the finalization of the transaction whereby Faurecia acquired a majority stake in Jiangxi Coagent Electronics Co., Ltd renamed Faurecia Coagent Electronics S&T Co., Ltd. The ...

Major Suppliers  Updated at: 2026/05/25

rd Electric Systems Co., Ltd. Shanghai A6 Plant started commercial operations. May 2014 The Company opened Delphi Electronics (Suzhou) Technical Center at the Suzhou Industrial Park. Oct. 2014 Delphi Packard Electric Systems Co., Ltd. Tianjing Branch established. Jul. 2015 Delphi finished the transaction of selling its reception systems business, which consists of automotive antennas and in-vehicle TV tuners, to Northeast Industries Group C...

Major Suppliers  Updated at: 2026/05/25

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: 2026/05/25

H from ASIMCO Technologies Hong Kong Limited; 63% of Yizheng Shuanghuan Piston Ring Co., Ltd., 70% of ASIMCO Foundry (Yizheng) Co., Ltd., and 63% ASIMCO Camshaft (Yizheng) Co., Ltd. all from Axle ATL Cayman Limited; and 100% of CACG I shares from ASIMCO Technologies Limited by paying in cash. These transactions are expected to be worth CNY 2.2 billion in total. (From an announcement by the company on March 25, 2016) Brembo S.p.A. announced that i...

Major Suppliers  Updated at: 2026/05/24

XPeng becomes majority shareholder of PT Era Industri Otomotif, Indonesia Announced on May 18, 2026, PT Sinar Eka Selaras Tbk disclosed to Indonesia’s Financial Services Authority (OJK) and the Indonesia Stock Exchange (IDX) a material transaction involving a change in the shareholding structure of its electric vehicle subsidiary, PT Era Industri Otomotif (EIDO), effective May 13. According to the filing, XPeng International Holding (Hong Kong)...

News  Updated at: 2026/05/22

s urea identification sensor business to SUN-A Corporation. The Company has commercialized urea identification sensors for diesel engine exhaust gas cleaning systems in 2003. SUN-A Corporation, based in Miyoshi City, Hiroshima Prefecture, has undertaken the production of the sensors for Mitsui. The transaction is expected to occur later in July 2009. (From a press release on Jul 16, 2009) Mitsui Mining & Smelting Co., Ltd. announced that the com...

Major Suppliers  Updated at: 2026/05/22

as sales were unusually strong a year ago, when consumers rushed to make purchases before tariff-related price increases occurred. The current surge in gasoline prices appeared to once again have little effect on total sales, although interest in hybrids and more fuel-efficient models strengthened. Transaction prices averaged US$46,105 in April 2026, up by 0.2% YoY, while incentives were up by 13.5% YoY but down by 6.4% MoM to US$3,210. Canadian ...

Market & Tech Reports  Updated at: 2026/05/22

nd air parking brakes. With a registered office in Chennai, the global supply chain, including India, will be managed by entities of Bosch, Brakes India, and Wheels India. The boards of the Bosch Group, Bosch Limited, Brakes India Private Limited, and Wheels India Limited have already approved this transaction. Based on Bosch Limited press release...

News  Updated at: 2026/05/21

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: 2026/05/20

CS), formerly known as Aquila Mobility Solutions Private Limited, from joint venture partner iTriangle Infotech Private Limited. The acquisition involves a total consideration of INR 11.01 billion and will take VECV's shareholding in VECS from 51% to 74%, with iTriangle's stake reducing to 26%. The transaction is expected to be completed by July 31, 2026. VECS, incorporated in May 2023 and operational since August 2024, is engaged in connected ve...

News  Updated at: 2026/05/19

Elevra Lithium to sell interest in the Ewoyaa Lithium Project, Ghana, to Huayou Cobalt On May 11, Elevra Lithium Limited agreed to sell its interest in the Ewoyaa Lithium Project in Ghana to Zhejiang Huayou Cobalt Co, Ltd. (Huayou). Upon closing of the transaction, expected in Q1-FY27, Elevra will receive approximately USD 71 million. Huayou has agreed to purchase all of Elevra's rights and interests in the Ewoyaa Project. Selling its interests i...

News  Updated at: 2026/05/19

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: 2026/05/19

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: 2026/05/19