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Auto and Transport Industry News
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BMW AG increases stake in Chinese JV BMW Brilliance Automotive to 75%
Bayerische Motoren Werke Aktiengesellschaft (BMW AG) has acquired an additional stake of 25% in BMW Brilliance Automotive (BBA),…
February 13, 2022
Toyota Motor to invest $90m in US to boost hybrid transaxle and engine capacity
Toyota Motor North America said that it will invest a further $90 million in the Toyota West Virginia…
February 13, 2022
Li-Metal battery manufacturer SES AI creates subsidiary in South Korea
SES AI Corporation, a Boston-based battery technology company, has formed a subsidiary called SES Korea with intentions to…
February 11, 2022
Tritium DCFC to open EV fast chargers manufacturing plant in Lebanon, TN
Tritium DCFC Limited, a developer of direct current (DC) fast chargers for electric vehicles (EVs), has revealed plans…
February 9, 2022
Deere takes majority stake in Austrian battery tech firm Kreisel Electric
Deere & Company has wrapped up the previously announced acquisition of a majority stake in Kreisel Electric, an…
February 9, 2022
Volvo Cars, Northvolt to build battery manufacturing plant in Gothenburg
Volvo Cars and Northvolt will build a new 50GWh battery manufacturing plant in Gothenburg, Sweden with an investment…
February 6, 2022
HCC Group to divest Baharampore-Farakka highways for Rs 1,279cr
Hindustan Construction Company (HCC Group) said that it has agreed to sell Baharampore-Farakka Highways Limited (BFHL) to Singapore-based…
February 2, 2022
Bharat Forge increases stake in EV solutions provider Tewa Motors (Jersey)
Bharat Forge said that it has acquired an additional 366,451 shares of Tewa Motors (Jersey) to increase its…
February 1, 2022
TVS Motor acquires 75% stake in e-bike player Swiss E-Mobility for Rs 486cr
TVS Motor Company has acquired a 75% stake in Switzerland-based pure-play electric bike (e-bike) player Swiss E-Mobility Group…
January 28, 2022
RITES Limited, AITD join forces to promote multimodal mobility
RITES Limited, a subsidiary of the Indian Railways, has signed a memorandum of understanding (MoU) with New Delhi-based…
January 26, 2022