SEET, UAE to acquire stakes in NWTN Inc. On July 16, NWTN Inc. executed an agreement with SEET LLC, a subsidiary of Medad Holding, a leading investment institution in the UAE. NWTN and SEET have signed a Share Purchase Agreement under which SEET will invest USD 100 million to acquire newly issued NWTN shares.  Additionally, SEET and its affiliated companies will partner with NWTN in strategic initiatives spanning urban mobility, AI, smart energy...

News  Updated at: 2025/07/17

to South Africa and invested significantly in local manufacturing and export infrastructure. naamsa has welcomed the South African government’s ongoing diplomatic efforts with the U.S. and the submission of a Framework Deal to address U.S. concerns. The council supports a fair, rules-based trade agreement and is encouraged by early discussions on a quota allowing 40,000 duty-free vehicle exports per year, which could help maintain South Africa...

News  Updated at: 2025/07/17

30, Mercedes Benz started producing electric drive units and axles for the new electric CLA at its Stuttgart-Untertürkheim plant. These parts are sent to the Rastatt plant, where the new CLA will be built. The Kuppenheim plant supplies body parts, while Kamenz plant provides the batteries. A new agreement also confirms Untertürkheim as a future production site for high-end drive systems. In the future, Untertürkheim will produce parts for bo...

OEM Plants  Updated at: 2025/07/17

duction by 2027 Renault to invest EUR 400 million in Turkey to become export hub for new models by 2027 Oyak-Renault unveils progress on Türkiye 2027 Plan with new Duster production and future investments Renault to invest additional EUR 183 million in Turkey Oyak Renault announces cooperation agreement with Karsan, Turkey Mitsubishi to produce Colt small car in Turkey Renault revises Clio, adds fourth production site Renault Megane lineup ...

OEM Plants  Updated at: 2025/07/17

CATL Intelligent, T3 Go forge strategic partnership CATL (Shanghai) Intelligent Technology Co., Ltd. (CATL Intelligent), a subsidiary of Contemporary Amperex Technology Co., Ltd. (CATL), signed a strategic cooperation agreement with Nanjing Lingxing Technology Co., Ltd. (T3 Go). Based on the high-safety, high-efficiency, and high-intelligence CATL Bedrock Chassis, the two companies will jointly explore the optimal lifecycle operation strategy fo...

News  Updated at: 2025/07/17

ECARX, Samsung to jointly promote cross-border application of forward-looking technologies ECARX (Hubei) Tech Co., Ltd. (ECARX) signed a global strategic cooperation agreement with Samsung. In the future, the two companies will continuously expand diversified cooperation covering scenarios such as automobile intelligentization, pan-terminal devices, and intelligent hardware to establish an open technology ecosystem with industry leadership and su...

News  Updated at: 2025/07/17

s to 50,000 units. The groundbreaking ceremony of the expansion work, which will require RMB 5 billion investment, was held on October 22. The plant will hire approximately 500 new employees. On September 26, Toyota Motor Corporation (Toyota) and China FAW Group Corporation (FAW) signed a framework agreement for strategic cooperation in electrification and intelligent connectivity. According to the agreement, the companies will cooperate in such ...

OEM Plants  Updated at: 2025/07/17

production slashes Auto Guangzhou 2023: GAC Toyota exhibits models such as new Crown, new Prado Japanese OEMs cut production in China Toyota China launches the new battery electric sedan bZ3 On September 26, Toyota Motor Corporation (Toyota) and China FAW Group Corporation (FAW) signed a framework agreement for strategic cooperation in electrification and intelligent connectivity. According to the agreement, the companies will cooperate in such ...

OEM Plants  Updated at: 2025/07/17

Jiefang unveils first L3 autonomous truck FAW Jiefang begins construction of Aowei 16L engine plant in Jiangsu Province FAW Jiefang begins construction of its new energy vehicle base in city of Foshan, Guangdong Province FAW Car to hold 17.02% stake in FAW Jiefang Guanghan of Sichuan Province signs agreements with several suppliers for FAW Jiefang’s commercial vehicle manufacturing site FAW Jiefang starts construction of commercial vehicle manu...

OEM Plants  Updated at: 2025/07/17

The company adopts a new business scope that includes R&D, production and sales of medium and heavy-duty trucks, finished vehicles, buses, bus chassis as well as automotive assemblies and parts. It also provides technical services and technology consulting services. On May 8, FAW Car has signed an agreement for strategic cooperation with Chinese EV maker Leapmotor in Changchun. FAW Car and Leapmotor will cooperate on R&D, production and applicat...

OEM Plants  Updated at: 2025/07/17

gchun FAW-Volkswagen launches new C-TREK crossover wagon FAW-Volkswagen sets a goal for sales of 1.41 million VW brand vehicles in 2017 FAW VW unveils 2017 Bora, announces sales of 200,000 units of current model FAW-Volkswagen's Audi Q plant celebrates first production of BIW FAW-VW forms strategic agreement with Shouqi Group FAW-VW to start operations of Changchun plant for Audi Q series models FAW-VW starts production at Changchun Plant Audi la...

OEM Plants  Updated at: 2025/07/17

a, USA Electric Last Mile establishes new global headquarters, tech hub in Troy, Michigan Electric Last Mile prepares for Q3 production with 45,000 non-binding pre-orders Electric Last Mile partners with Cox Automotive for commercial EV fleet service Electric Last Mile announces long-term supply agreement with Wuling Industry Mullen to forfeit former AM General plant in Mishawaka, Indiana Mullen updates EV production plans for Mullen FIVE, B...

OEM Plants  Updated at: 2025/07/17

released on the company's official website or media coverage. They may be revised as appropriate when the data is updated. - China FAW Group was established on July 15, 1953, In July 1956 it produced New China's first "Jiefang" brand truck. Audi and FAW sign 10-year agreement, plan A6L e-tron as first locally produced PHEV FAW Group Corporation to establish innovation center with Dongfeng Motor Corporation FAW Gr...

OEM Plants  Updated at: 2025/07/17

or Co., Ltd. acquired the vehicle production qualification of New Forta Automobile Industry Co., Ltd. and started the relocation construction project of annual production capacity of 9,000 new energy vehicles. - According to research by Marklines in June 2019, Changjiang Auto signed a cooperation agreement with Leapmotor. Changjiang Auto's Hangzhou Plant will assemble the EV coupe S01 after receiving a production consignment from Leapmotor. Lea...

OEM Plants  Updated at: 2025/07/17

IEU-CEPA to boost Indonesian access to European markets, including automotive On July 13, 2025, the Presidents of the European Commission and Indonesia announced a strategic partnership in Brussels to strengthen cooperation in trade, security, and people-to-people ties. Central to the partnership is a political agreement on the long-awaited Indonesia–EU Comprehensive Economic Partnership Agreement (IEU-CEPA), a major step toward finalization by...

News  Updated at: 2025/07/17

árate’s engine plant allowed it to increase production by 155%, from 30,000 engines produced in 2017 to 77,000 engines produced in 2018. The Zárate plant has received USD 2 billion of investment and produced 1,300,000 vehicles since 1997. On March 19, Toyota Argentina and YPF signed a framework agreement in which the joint work of both companies on innovation, technology, research and mobility will be continued after the wind power supply agr...

OEM Plants  Updated at: 2025/07/17

nd trucks, as well as many components of its vehicles, including chassis, battery packs, cabin and powertrain Lion Electric announces Q4, FY 2023 results, order book for 2024 Lion Electric's vehicle-to-grid capable school buses eligible for Virginia infrastructure program Lion Electric reaches sale agreement for battery facility in Mirabel, Québec Lion Electric announces further workforce reduction, restructuring Lion Electric inaugurates batter...

OEM Plants  Updated at: 2025/07/17

ar of non-road engine environmental chamber test bench tests. - On September 26, 2023, the FAW Jiefang Wuxi R&D site project located in Liangxi District broke ground. With a total investment amount of CNY 420 million. - The company was established on March 28, 2003. FAW Jiefang, Envision group sign agreement on intelligent battery manufacturing site project Jiefang Power officially commissions super factory and sees All-Win 16L engines roll off p...

OEM Plants  Updated at: 2025/07/17

Hordain plants before being distributed by IVECO through its existing sales and service network. This collaboration allows IVECO to expand its electric LCV lineup beyond the eDaily, which is currently produced in Suzzara, Italy and electrified in Brescia. The partnership includes a ten-year supply agreement, with the vans expected to be commercialized by mid-2026. According to Luca Sra, President of IVECO’s Truck Business Unit, these new batte...

OEM Plants  Updated at: 2025/07/17

Hordain plants before being distributed by IVECO through its existing sales and service network. This collaboration allows IVECO to expand its electric LCV lineup beyond the eDaily, which is currently produced in Suzzara, Italy and electrified in Brescia. The partnership includes a ten-year supply agreement, with the vans expected to be commercialized by mid-2026. According to Luca Sra, President of IVECO’s Truck Business Unit, these new batte...

OEM Plants  Updated at: 2025/07/17