Deal News
Siemens to acquire Mass-Tech Controls’ EV division
Siemens has signed an agreement to acquire the EV division of Mumbai-based Mass-Tech Controls. Siemens says it is a step…
Russian authorities approve sale of Volkswagen plant
Russian authorities have approved the sale of Volkswagen’s assets, multiple newswires report. Citing a source “familiar” with the decision, Russian…
Stellantis takes stake in hydrogen mobility company Symbio
Faurecia, Michelin and Stellantis have announced the signing of a binding agreement for Stellantis (part of Forvia Group) to acquire…
Volvo Trucks China M&A deal off
Volvo Trucks and Jiangling Motors said they would not pursue the previously announced transaction involving the acquisition of JMC Heavy…
Bosch and Ligier to partner on hydrogen-based vehicles
Bosch Engineering and Ligier Automotive have established a strategic partnership for developing high-performance hydrogen engine vehicles. The first step of…
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Iveco Group to take full control of Nikola Corporation
Iveco Group will assume full ownership of electric truck joint venture Nikola Corporation with Nikola focused on North America and…
Denso and USCJ to partner on chip wafers
Denso Corporation and United Semiconductor Japan (USCJ) have announced a joint collaboration to produce insulated gate bipolar transistors (IGBT). USJC…
BAE Systems and Eaton collaborate on electric drive for CVs
BAE Systems is collaborating with Eaton to develop EV technology solutions for the medium-duty truck market. The collaboration combines expertise…
Infineon and Hon Hai sign MoU for SiC and EV development
Infineon Technologies and Hon Hai Technology Group (Foxconn) are to establish a long-term partnership in the field of electric vehicles…
Shell and Volkswagen open first Flexpole EV charging station in Germany
Shell Germany and Volkswagen Group have opened a new charging station, Flexpole, in Goettingen, Germany. From Volkswagen’s Elli brand, it…