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    Hitting the software wall: the limits of consolidation in ADAS and automated driving systems
    Hardware consolidation in modern vehicles is no longer the industry's defining challenge, although it remains far from complete. The direction of travel is clear: from dozens of discrete electronic control units (ECUs) toward fewer, more capable compute platforms. Domain-centric solutions, including ADAS domain controllers (ADCs) and cockpit domain controllers (CDCs), have been the dominant intermediate step and are likely to remain the largest part of the industry for at least the next decade. ...
    Balancing the battery loop: Recyclers must manage ambitious growth with strategic caution
    As global EV sales growth moderates and several markets point to a prolonged slowdown, the battery recycling ecosystem built on the assumption of a steep ramp-up in EV penetration now faces a stark mismatch between supply and demand. Fleets of first‑generation EVs are only just beginning to reach the end‑of‑life (EOL), yet recycling facilities and technology platforms have been scaled on the expectation of a flood of spent packs that may now arrive later, slower, or in smaller volumes than...
    Plugit acquires Helen’s charging business with 798 charging points
    Finnish electric mobility service provider Plugit has acquired Helen's charging business, taking over 199 public charging stations and 798 charging points serving more than 55,000 users. The deal will make Plugit the largest charging operator in the Helsinki metropolitan area by number of public charging points, the company said on July 8. Financial terms were not disclosed. Plugit said the acquisition supports its growth strategy in Uusimaa, where almost half of Finland's fully electric c...
    Aumovio completes sale of Rheinböllen plant in Germany to Falkensteg
    Aumovio has completed the previously announced sale of its Rheinböllen plant in Germany and transferred about 320 employees at the site to the consulting firm Falkensteg. The transaction completes a sale announced on April 29, under which RHB-Industries assumed all business operations at the site. The Rheinböllen plant produces brake calipers and electric parking brakes. Falkensteg established a wholly owned subsidiary, RHB-Industries, to take over Aumovio’s business at the Rheinböllen site...
    Continental agrees to sell ContiTech industrial business to Lone Star Funds for €4 billion
    On July 4, Continental announced that it had agreed to sell its ContiTech industrial business to an affiliate of Lone Star Funds for €4 billion, completing a restructuring that will leave the German company a pure-play tire manufacturer. The deal includes performance-based payments of up to €250 million in subsequent years and remains subject to regulatory approval. Lone Star Funds will acquire all of ContiTech's business operations worldwide. Continental expects cash proceeds of about...
    Eviny, Statkraft plan to merge charging units for leading EV charging entity in Nordic region
    Eviny Fast Charging and Statkraft's Mer will merge to form the largest fast-charging operator in the Nordic region, with more than 1 million registered customers. As part of the arrangement between the two companies, Eviny will own 57% of the combined company, while Statkraft will hold 43%. The merged business will operate in Norway, Sweden and Denmark, and the parties plan to add Mer's public fast-charging operations in Germany, subject to approvals. The transaction requires clearanc...
    Vattenfall InCharge agrees to acquire Nima Energy’s Swedish fast-charging business
    Vattenfall InCharge is set to acquire Nima Energy's Swedish fast-charging business, adding 178 ultra-fast charging points and 254 planned points to its network. The deal will expand Vattenfall's public charging footprint in metropolitan areas including Stockholm and Malmö, the companies said. Financial details of the deal were not disclosed. Nima Energy operates 178 high-power charging points at 16 locations in Sweden, with charging capacities of up to 300–400 kW. It also has 254 ultr...
    Cubos acquires TotalEnergies’ B2B charging business in Germany
    Cubos is acquiring TotalEnergies' commercial electric vehicle charging business in Germany, adding approximately 6,000 charging points and expanding its charging network to more than 15,000 charging points. The Wolfsburg-based energy service provider said the deal covers TotalEnergies' entire commercial charging business in Germany, including alternating current (AC) and direct current (DC) charging points serving business customers. Cubos will operate the enlarged network for more than 1,000...
    Repairify and Opus IVS to combine automotive diagnostics businesses
    Repairify's automotive diagnostics brands, asTech and BlueDriver, have announced their intent to combine with Opus IVS, creating a diagnostics business to be led by Opus IVS CEO Brian Herron after closing.  The companies said the proposed transaction would bring together asTech's remote services, Opus IVS' hardware engineering and software platform capabilities, and BlueDriver's mechanical repair presence. They said the combination is aimed at serving repairers as demand grows for diagno...
    Lumax Auto Technologies acquires 15.97% stake in Lumax FAE JV
    Lumax Auto Technologies Ltd. has acquired the remaining 15.97% equity stake in Lumax FAE Technologies Private Ltd., converting the joint venture subsidiary into a wholly owned unit. The Indian component maker said the transaction was completed on June 29, following an initial regulatory intimation filed on May 29. The shares were purchased from JV partner Francisco Albero SAU. In a disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and ...
    BASF completes sale of controlling stake in Coating business
    BASF has completed the previously announced sale of its Coatings business to private equity firm Carlyle in a transaction valued at about €7.7 billion, marking a major step in the German chemical company’s strategy to unlock value from stand-alone businesses. BASF received approximately €5.8 billion in pretax cash proceeds from the deal. In October 2025, BASF reached a definitive agreement to sell a 60% stake in its global Coatings business to Carlyle and the Qatar Investment Authority....
    Michelin completes acquisition of Tex Tech Industries
    Michelin has completed the acquisition of Tex Tech Industries, a US-based manufacturer of textile products and specialized coated fabrics for a wide range of industries and applications, including the tire sector. The transaction, first announced on Jan. 2, has now closed after receiving all required regulatory approvals. The French tiremaker funded the acquisition through existing cash resources, enabling the group to maintain its strong financial position. Tex Tech is the third acquisition ...
    InstaVolt sells Spanish and Portuguese operations to Powerdot
    UK electric vehicle (EV) charging company InstaVolt has sold its charging network and related workforce in Spain and Portugal to European EV charging provider Powerdot, the company said on July 2, 2026, as it seeks to accelerate growth in the UK and Ireland. Financial terms of the transaction were not disclosed. The sale marks the latest step in InstaVolt's growth strategy, after completing a £250 million ($341 million) debt refinancing and securing a £40 million equity investment. The comp...
    Infineon completes acquisition of ams OSRAM sensor portfolio
    Infineon Technologies has completed its acquisition of the non-optical analog and mixed-signal sensor business from ams OSRAM following receipt of all required regulatory approvals. The acquisition strengthens Infineon’s sensor portfolio for automotive and industrial applications while expanding its presence in medical technologies. The acquired business is expected to generate approximately €230 million in revenue in 2026 and will be integrated into Infineon’s Edge Systems (ES) divisio...
    Onsemi plans to acquire Synaptics in approximate $7 billion all-stock deal
    Onsemi and Synaptics have entered into a definitive agreement under which Onsemi will acquire Synaptics in an all-stock transaction valued at approximately $7 billion. Under the terms of the deal, Synaptics shareholders will receive 1.350 shares of Onsemi common stock for each Synaptics share, representing a premium of about 19% based on the companies' average share prices over the previous 10 trading days. The acquisition is intended to expand Onsemi’s capabilities beyond power and se...
    Nexar to merge with Nauto to enhance real-world driving intelligence
    Real-world intelligence platform Nexar and Nauto, which provides AI-powered safety and vehicle intelligence, have agreed to merge in a deal with undisclosed financial terms, combining driving-intelligence datasets covering more than 10 billion miles of history.  The companies said the combined business will use AI models, datasets, technologies and customer relationships from both firms. Zach Greenberger, Nexar's CEO, will become CEO of the combined company. Stefan Heck, Nauto'...
    Rane (Madras) signs deal to acquire Hindustan Composites’ Friction business
    Rane (Madras) Ltd. will acquire Hindustan Composites Ltd.'s Friction business for an enterprise value of 3.7 billion rupees (nearly $38.9 million), Autocar Professional reported June 30. The companies have signed a business transfer agreement for the transaction, which will be carried out as a going-concern slump sale. The deal remains subject to final contractual terms, customary closing conditions and standard regulatory approvals. The business being acquired operates two manufact...
    InstaVolt to acquire GeniePoint, expand footprint across more than 1,000 sites in the UK
    UK EV charging operator InstaVolt has agreed to acquire the 228-site GeniePoint charging network from Equans, extending its lead in the country's fast-growing public EV charging market. The acquired estate includes charging locations in local authority car parks, motorway service areas, and retail and hospitality destinations. More than 100 of the sites are located in local authority car parks and come with a framework agreement covering several national brands. Following completion of the...
    Quarterhill to acquire Conduent's tolling solutions business
    Quarterhill Inc., a provider of AI-driven intelligent transportation solutions, has agreed to buy substantially all assets of Conduent's tolling solutions business for $70 million in cash and shares representing 7.0% of Quarterhill at closing. Toronto-based Quarterhill said the deal, upon closing, is expected to approximately triple its tolling revenue and create a larger platform in electronic tolling, back-office operations and roadside systems.  Quarterhill and the Cond...
    Honda delays plan to make Astemo a consolidated subsidiary by six months
    Honda Motor has extended the timeline for making automotive supplier Astemo Ltd. a consolidated subsidiary, citing delays in securing regulatory approvals in several countries. The Japanese automaker now expects to complete the transaction before the end of the third quarter (Dec. 31, 2026) of fiscal year 2026/27, instead of during the first quarter (June 30, 2026) as originally planned. In December 2025, Honda announced that it would acquire an additional 21% stake in Astemo from Hitachi Ltd...
    Stellantis and Nissan in talks to acquire select assets of Marelli – report
    Stellantis and Nissan are in discussions to acquire select assets from struggling auto parts supplier Marelli Holdings, as efforts intensify to stabilize the company following its recent bankruptcy filing, Reuters reported, citing Bloomberg News. The talks involve a possible split of key businesses. Stellantis is evaluating the purchase of Marelli’s suspension operations across Italy and other markets, while Nissan is said to be interested in acquiring the supplier’s cockpit systems busin...
    Ecarx to acquire Flyme's automotive software portfolio
    Ecarx Holdings has signed a definitive agreement to acquire mainland Chinese firm Flyme's entire software business portfolio for 1.8 billion yuan (approximately $266 million). The purchase covers Flyme Auto, an in-vehicle cockpit operating system, and the cross-device Flyme operating system through the acquisition of 100% of equity interest in Hubei Qiguang Technology Co. Ltd., a new entity carved out from DreamSmart Group. The selling shareholders are Wuhan Xingji Meizu Technology Co. Ltd....
    Automotive lighting: High tech, low margins and a market in transition
    In the first six months of 2026, two leading tier 1 suppliers announced plans to exit the automotive lighting business. In January, Hyundai Mobis signed a memorandum of understanding (MOU) with OPmobility to sell its lamp systems business, which produces headlights, taillights and auxiliary vehicle lights. In April, Magna International entered into definitive agreements to sell its global lighting business through two separate transactions. The Canadian supplier agreed to sell its lighting op...
    Forvia signs deal to transfer Augsburg operation in Germany to General Dynamics
    Forvia has reached an agreement with General Dynamics European Land Systems (GDELS) to transfer its Augsburg facility in Germany. The facility, which produces exhaust systems for passenger and commercial vehicles, is part of the French supplier’s Clean Mobility business group. GDELS is the European business unit of the US-based aerospace and defense company General Dynamics. This strategic move reflects Forvia’s efforts to reshape its manufacturing footprint in Eu...
    Renesas completes acquisition of Pictorus to expand embedded software platform
    Renesas Electronics announced that it has completed the acquisition of US-based software company Pictorus through one of its subsidiaries. The deal adds a cloud-based behavioral modeling platform to Renesas’ portfolio, aimed at improving embedded system development by enabling model-based design through a connected platform. The technology will be integrated into Renesas 365, the company’s development platform that supports system design, development and life-cycle management. It allows e...
    Samvardhana Motherson acquires majority stake in mainland China-based camera supplier Autocruis Technology
    Samvardhana Motherson International Ltd. (SAMIL) has approved the acquisition of a majority stake in Shenzhen Autocruis Technology Co. Ltd., a mainland China-based company specializing in automotive camera and vision technologies. The investment, structured as a primary capital infusion, is valued at 153.3 million yuan (nearly $ 22.6 million). The transaction will be carried out through SMR Automotive (Langfang) Co. Ltd., an indirect wholly owned subsidiary of SAMIL. Following the i...
    Edenred agrees to acquire The Mobility House Solutions
    Edenred SE has agreed to acquire The Mobility House Solutions, a German provider of electric-vehicle charging services for business customers, as the French payments and mobility firm seeks to increase its presence in Europe’s fleet electrification market. The target, part of The Mobility House Group which was founded in 2009, delivers turnkey installation and maintenance services for EV charging through a network of German installers. It also offers a proprietary smart charging and energy ...
    Dana signs definitive agreement to acquire Eaton’s Mobility business in $5.1 billion deal
    Dana Inc. has signed a definitive agreement to acquire Eaton Corp.’s Mobility business in a deal valued at approximately $5.1 billion. The acquisition, which has been unanimously approved by both companies’ boards of directors, is expected to close in the first quarter of 2027, subject to regulatory approvals and other customary conditions. Structured as a Reverse Morris Trust, the transaction will result in Eaton shareholders holding a controlling stake of at least 50.1% in the combined ...
    Waymo buys Apple’s autonomous vehicle proving ground in Arizona for $220 million
    Waymo has acquired an autonomous-vehicle proving ground in Wittmann, Arizona, from Apple for $220 million, according to a June 9 report by Electrek that cited a filing with Maricopa County. The seller was Route 14 Investment Partners LLC, a Delaware shell company believed to be linked to Apple, as first reported by the Phoenix Business Journal. Apple had long leased the 5,500-acre proving ground before purchasing it for $125 million, and the site became central t...
    Optimus Energy Solutions acquires EV fast-charging network in South Carolina
    Optimus Energy Solutions (OES) has acquired an electric vehicle fast-charging network in South Carolina, US, and will keep it in service after the end of a Duke Energy pilot program approved by the South Carolina Public Service Commission. The network consists of 52 direct current (DC) fast-charging stations at 26 locations across the state, including sites in rural communities and along major travel routes. During a 2-week handover, the stations were moved onto the ChargePoint network t...
    GlobalFoundries completes acquisition of Synopsys ARC Processor IP business
    GlobalFoundries (GF) said it has completed its previously announced acquisition of Synopsys' ARC Processor IP Solutions business, with GF taking ownership of the ARC processor intellectual property (IP) business while Synopsys continues to expand its interface and foundation IP portfolio. GF said the deal, combined with MIPS, positions it to offer software-to-silicon capabilities for physical AI. GF said agentic AI is moving beyond the data center into physical AI and autonomous platforms, in...
    RSB Transmissions acquires Setco Auto Systems to expand clutch systems portfolio
    RSB Transmissions, an India-based supplier backed by Bain Capital, has acquired a controlling stake in another local supplier, Setco Auto Systems Private Limited (SASPL), from Setco Automotive Limited. SASPL produces clutch systems and aftermarket drivetrain solutions for medium and heavy commercial vehicles (MHCVs). In March 2026, Setco Automotive agreed to sell SASPL to RSB Transmissions through a multi-stage transaction. The deal comprises share...
    Aumovio agrees to sell Rheinböllen site in Germany to RHB-Industries
    Aumovio has agreed to sell its Rheinböllen plant in Germany to Falkensteg, a transformation consulting firm. The site will be acquired by RHB-Industries, a company newly established by Falkensteg, which will take over all assets, operations and approximately 320 employees. The transaction, subject to customary closing conditions and regulatory approvals, is expected to close by mid-2026. Both companies have agreed not to disclose the purchase price. The Rheinböllen plant manufactures brake ...
    Easee gains new majority owner to support global smart charging growth
    In a press release dated May 29, 2026, Easee announced that Brødrene Jensen has taken full ownership of Easee in a deal that aims to give the EV charging company a more focused ownership structure and fresh momentum for expansion. AWC financed the transaction, and once the necessary regulatory approvals are in place, it will become the majority owner of the business. The deal marks a major milestone for Easee, according to CEO Anthony Fernandez, who said the company is entering a new phase a...
    JTEKT enters definitive agreement to transfer European automotive business to Germany-based investment firm
    On May 27, JTEKT Corp. signed a definitive agreement with LEO III.-VV25-B SAS, a Munich, Germany-based investment company, for the transfer of its automotive business for European original equipment manufacturers. The agreement includes the transfer of all shares of JTEKT's seven consolidated subsidiaries engaged in the production and sale of automotive components. The transaction is based on the basic agreement announced on Feb. 27 and will be completed subject to approvals by th...
    Voltera and Revel combine to build urban fast-charging platform for fleets and autonomous vehicles
    Voltera and Revel announced that they have entered into a definitive agreement to combine their businesses, creating a next-generation infrastructure platform focused on building, owning and operating fast-charging networks for autonomous vehicles, electric fleets and ride-hail deployment in dense urban markets. The combined company will integrate Voltera's and Revel's capabilities in real estate, development and power infrastructure to form a scaled platform aimed at delivering high-perfor...
    Pod acquires EO Charging to expand EV charging capabilities
    Pod Point Ltd. has acquired EO Charging, a specialist provider of electric vehicle fleet charging and end-to-end depot charging software solutions, in a move that significantly expands Pod's commercial fleet and energy management capabilities. With over 17 years of experience enabling the UK's transition to electric mobility, Pod has established itself as a leader in EV charging and a pioneer in energy flexibility, including support for grid balancing through incentivized smart charging....
    Milepost acquires Trollhättan Energi public EV charging stations in Sweden
    Milepost AB, described as Sweden's first independent electric vehicle charging operator specializing in everyday charging, has entered into an agreement to acquire most of Trollhättan Energi's public charging stations for EVs. The acquisition covers almost 60 charge points used for everyday charging of up to 22 kilowatts, which are located at strategic sites in the central parts of Trollhättan, Sweden. Following this agreement, Milepost and Trollhättan Energi will cooperate to plan the int...
    Indie Semiconductor to acquire ams OSRAM CMOS image sensor group for €40M
    Indie Semiconductor has signed a definitive agreement to acquire ams OSRAM's fabless CMOS image sensor group for €40 million, in a transaction aimed at strengthening its automotive advanced driver assistance system multimodal sensing portfolio. The carve-out, which has primary operations in Belgium and Portugal, is expected to close in the third quarter of 2026 and to be immediately accretive. The consideration consists of a €35 million cash payment at closing and a €5 million vendor debt ...
    Renesas completes acquisition of Irida Labs to boost edge vision AI solutions
    Renesas Electronics Corporation has announced that a subsidiary of Renesas has completed the acquisition of Irida Labs, a Greece-based company specializing in embedded software for AI-powered visual perception systems. The acquisition is intended to strengthen Renesas' edge AI embedded processing offerings and enable system-level solutions that integrate physical AI and software to power camera and machine vision systems across the industrial, robotics, smart city, Internet of Things (IoT), agri...
    Danish carsharing company GoMore acquires Getaround Europe
    Danish carsharing company GoMore has acquired the European operations of US-based carsharing company Getaround, an event described as significant for the Nordic circular economy and the European shared mobility sector. With this acquisition, GoMore stated that it has become the continent's largest carsharing service. The company emphasizes that its Finnish users and local team have played a major role in making the deal happen, highlighting that since its launch in 2020, GoMore has grown rapidly...
    Geely reaches agreement to acquire Ford Motor's inactive facility in Valencia, Spain
    Chinese carmaker Geely Auto has reached an agreement to acquire the Body 3 assembly line at Ford Motor's Almussafes plant in Valencia, Spain, according to Spanish media outlet La Tribuna de Automoción. By taking over this currently inactive facility, Geely is expected to establish its own independent vehicle manufacturing operations in Europe. Geely plans to use the assembly line to produce a new energy vehicle (NEV) model based on the GEA (Global Intelligent New Energy Architecture) platfor...
    Linamar completes acquisition of Winning BLW facilities in Germany
    Linamar Corp. announced the successful completion of the acquisition of Winning BLW's Remscheid and Penzberg manufacturing facilities in Germany. The acquisition, first announced in March 2026, further strengthens Linamar's technology platform, vertical integration, and long-term growth outlook. According to the Canadian supplier, the Remscheid facility is a leader in mass production of high-performance precision bevel and intermediate gears for the light vehicle market, while the Penzberg fa...
    KPIT to acquire majority stake in automotive cybersecurity specialist Cymotive
    KPIT Technologies has announced an agreement to acquire a majority stake in Cymotive, an Israel-based automotive cybersecurity specialist, as part of its strategy to strengthen software and AI-driven capabilities for the global mobility industry. Under the proposed transaction, KPIT will initially invest $10 million in preference capital, subject to customary regulatory approvals and closing conditions. The investment will convert into equity upon achievement of specific performance milesto...
    Epic Charging acquires Bluedot Technologies to expand EV fleet charging and payments platform
    Epic Charging, an electric vehicle charging software provider based in Silicon Valley, California, has acquired Bluedot Technologies, a Palo Alto-based all-in-one EV fleet charging management and payment platform that provides access to more than 80% of public US EV chargers. The deal, completed on May 1, includes all of Bluedot's branding, platform technology, intellectual property, customer contracts and key team members. The announcement was made from Menlo Park, California, on May 5, as E...
    DKV Mobility acquires e-mobility platform provider Optimile
    DKV Mobility has completed the acquisition of Belgian electric mobility (e-mobility) platform provider Optimile NV from BNP Paribas Fortis and AG Insurance, further expanding its platform business and reinforcing its position in the European e-mobility market. The parties have agreed not to disclose financial details of the transaction. Sebastian Klauke, CEO of DKV Mobility, said that e-mobility is a key growth driver for DKV Mobility and that expanding technology and service capabilitie...
    Wattif EV acquires Mer business portfolio to expand European charging network
    Wattif EV has announced the acquisition of Mer's business portfolio, increasing its network to 60,000 charging points and further strengthening its position as a provider of electric vehicle charging solutions in Europe. The transaction builds on an existing collaboration between Wattif and Mer, a subsidiary of Statkraft, and follows Wattif's acquisition of Mer's Norwegian residential charging portfolio in 2024. This new agreement extends the partnership into the business segment, reflecting ...
    Netradyne expands European presence by acquiring Moove Connected Mobility
    Netradyne has announced the acquisition of Moove Connected Mobility, described as a leading European fleet intelligence and connected mobility company with deep expertise across major European markets. This acquisition is a significant milestone in Netradyne's global expansion and emphasizes the company's long-term commitment to Europe as a core strategic region. By combining Netradyne's AI-powered fleet safety and performance solutions and AI-driven edge intelligence platform with Moove's stron...
    Ecobat completes sale of German and Austrian lead operations to Clarios
    Ecobat announced on May 4 the successful completion of the sale of its battery recycling and specialty lead operations in Germany and Austria to Clarios. The transaction includes Ecobat's facilities in Freiberg and Braubach, Germany, as well as the Arnoldstein operation in Austria. This sale, together with previously completed divestitures in France, Italy and the UK, marks Ecobat's exit from the European lead market and completes a multitransaction repositioning of its Resources division. ...
    Forvia agrees to sell Interiors Business Group to Apollo Funds in €1.82 billion deal
    On April 27, Forvia announced that it reached an agreement to sell its Interior Business Group to Apollo-managed funds for €1.82 billion. The transaction is subject to information and consultation with employee representative bodies, as well as customary regulatory clearances, and is expected to conclude by the end of 2026. The successful closing of the sale will be a key milestone for Forvia’s IGNITE strategy, presented at its Capital Markets Day on Feb. 24. The divestiture is ...
    Adient acquires Romulus foam plant from Woodbridge to expand seating operations in US
    Adient announced that it has expanded its operational presence in the US by acquiring a foam production plant in Romulus, Michigan. The plant produces foam for seats supplied to multiple automaker customers and joins Adient's network of 10 foam plants in the Americas region. Globally, Adient operates 30 foam manufacturing plants. Adient purchased the plant from automotive supplier Woodbridge, and the agreement included the existing building and land, production equipment, inventory,...
    USA Rare Earth to acquire Serra Verde in $2.8 billion cash-and-stock deal
    USA Rare Earth announced it will acquire Brazilian rare earths miner Serra Verde in a cash-and-stock transaction valued at $2.8 billion, extending a series of recent acquisitions that expand the company's mining, processing and magnet-making portfolio. Over the past year, USA Rare Earth has added British rare earths metals and alloy producer Less Common Metals and a stake in French processing firm Carester to its existing magnet manufacturing plant in Stillwater, Oklahoma, and its Round Top, Tex...
    Magna enters agreements to divest global Lighting and Rooftop Systems businesses in three separate transactions
    On April 9, Magna International entered into definitive agreements to divest its global Lighting and Rooftop Systems businesses. According to the leading Canadian automotive supplier, a global investment firm will acquire its Lighting operations in North America, South America and China. A second investment firm will acquire Magna’s Lighting operations in Europe, while also taking ownership of the company’s global Rooftop Systems business in a separate transaction. Magna CEO Swamy Ko...
    Bosch Ltd. to acquire full stake in Bosch Chassis Systems India for $981 million
    Bosch Ltd., the Indian arm of global automotive supplier Robert Bosch GmbH, has approved the acquisition of a 100% stake in Bosch Chassis Systems India Private Ltd. for 90.7 billion rupees (about $980.8 million). The move is expected to strengthen the mobility portfolio of the Germany-based automotive supplier in India. The acquisition will be executed by buying out the equity stakes of the existing shareholders in Bosch Chassis Systems India — Robert Bosch Investment Ne...
    Toyoda Gosei completes acquisition of Ashimori Industry
    On March 1, Toyoda Gosei completed the previously announced acquisition of all shares of Ashimori Industry Co. Ltd., making it a wholly owned subsidiary. Like Toyoda Gosei, Ashimori Industry is a major supplier of automotive safety systems, especially seatbelts and airbags, operating production facilities in Japan, the rest of Asia, Europe and the Americas. For the fiscal year ended March 31, 2025, Ashimori Industry generated sales of ¥72.6 billion (nearly $485 million). ...
    Milepost acquires Mer’s Swedish everyday EV charging network
    Milepost AB, described as Sweden's first independent electric vehicle-charging operator focusing on everyday charging (alternating current [AC]), has acquired Mer's Swedish network of charging stations for everyday charging. The transaction covers approximately 250 charge points located across Sweden, from Åre in the north to Malmö in the south. Most of these charge points deliver up to 22 kilowatts, with a few capable of up to 50 kW. The agreement is in line with Mer's strategy to fully fo...
    Linamar acquires Winning BLW facilities in Germany to expand precision gear and forging capabilities
    On March 27, Linamar Corp. entered into a definitive agreement to acquire the Remscheid and Penzberg facilities of Winning BLW in Germany, in a strategic transaction that expands its product portfolio and manufacturing capabilities. The acquisitions are expected to add approximately C$200 million in annualized revenue and further strengthen Linamar's global footprint. The Remscheid facility is a leader in mass production of high-performance precision bevel and intermediate gears for the light...
    Antolin sells Indian operations to Shriram Pistons & Rings for €159 million
    Antolin reached an agreement to sell its three Indian legal entities to Shriram Pistons & Rings Ltd. (SPRL) for €159 million as part of its efforts to enhance its financial stability. The transaction, completed in early January, involved more than 1,500 employees transitioning to the new owner, a well-known supplier of engine parts in India. The divested business generates annual sales of approximately €110 million and specializes in producing automotive interior components such as headl...
    Apollo Funds agrees to acquire Nippon Sheet Glass for $3.7 billion
    On March 24, Nippon Sheet Glass (NSG) announced an agreement to be acquired by funds managed by Apollo. This acquisition marks the largest private equity investment by Apollo Funds in Japan, valued at nearly $3.7 billion. As part of the transaction, Apollo Funds will provide equity support to enhance NSG's financial and growth prospects. Additionally, NSG's main lenders will transition a portion of their loans to equity, thereby stabilizing the company's balance sheet. The agreement aims to l...
    Samvardhana Motherson completes acquisition of Yutaka Autoparts India
    On March 16, Samvardhana Motherson International Ltd. (SMIL) announced that it had completed the acquisition of Yutaka Autoparts India Private Ltd. (YAIPL), making YAIPL a wholly owned subsidiary of SMIL. This development was disclosed to the National Stock Exchange of India and BSE Ltd. under regulatory requirements. The transaction was concluded upon fulfillment of all conditions outlined in the Share Purchase Agreement, signed March 11, 2026. The acquisition of YAIPL is part of a broa...
    Cabot completes acquisition of Bridgestone’s carbon black business in Mexico
    On Feb. 2, Cabot Corp. completed the previously announced acquisition of Mexico Carbon Manufacturing SA de C.V. (MXCB) from Bridgestone Corp. This transaction follows the definitive agreement made in August 2025 and the necessary regulatory approvals. The acquisition strengthens Cabot's partnership with Bridgestone, as Cabot has been a longtime supplier of reinforcing carbon products to the Japan-based tiremaker. It also expands Cabot's global manufacturing presence and bolsters its position ...
    Electreon completes acquisition of wireless EV charging company InductEV
    Electreon has completed the acquisition of InductEV Inc., the prominent US-based provider of ultrafast, high-power stationary wireless charging for heavy-duty transit and freight. The transaction between the two companies aims to streamline the transition to electric mobility for commercial fleets by providing a range of charging solutions, including in-road dynamic charging, opportunistic charging during stops and overnight depot charging. Electreon offers a replaceable inductive solution fo...
    Denso proposes $8.2 billion acquisition bid for electronics group Rohm - report
    Japanese auto parts supplier Denso has made a takeover bid for Kyoto-based electronics group Rohm, according to sources cited by Nikkei Asia report on March 6. The potential acquisition price could reach 1.3 trillion yen, equivalent to $8.2 billion. Should this deal go through, the combined entity would represent a significant force in Japan in the field of power semiconductors, which are utilized in electric vehicles and data centers. Reports suggest that the proposal was made in February or...
    Suzuki Motor Corp. acquires solid-state battery business from Kanadevia Corp.
    Leading Japanese carmaker Suzuki Motor Corp. has entered into a business transfer agreement with Osaka-based Kanadevia Corp. to acquire the latter’s all-solid-state lithium-ion battery business, effective July 1, Suzuki announced March 4. The execution of this acquisition is subject to the fulfillment of customary closing conditions. Notably, Kanadevia began the development of all-solid-state lithium-ion batteries in 2006. According to the official note issued by Suzuki, Kanadevia’s al...
    Toyota Motor increases offer for Toyota Industries to resolve dispute with activist fund Elliott Investment Management
    Toyota Motor has raised its offer price to acquire Toyota Industries Corp. (TICO) to ¥20,600 ($132) per share, valuing the bid at $30 billion, according to a Reuters report on March 2. The revision marks the resolution of a protracted negotiation with activist fund Elliott Investment Management, which had advocated for a higher price, deeming previous offers inadequate. Elliott has agreed to tender its shares under the new terms, acknowledging the improved offer as a positive outcome for min...
    Lyten completes acquisition of Northvolt’s Swedish battery assets
    Lyten, a US-based emerging battery company, has completed the acquisition of Northvolt Ett and Ett Expansion (Skellefteå, Sweden) and Northvolt Labs (Västerås, Sweden), the company announced Feb. 27. According to Lyten, the acquisition of Swedish battery assets of Northvolt includes 16 GWh of existing battery manufacturing capacity, over 160 hectares of land, infrastructure and buildings to support expanded manufacturing and industrial activities, and the largest and most advanced battery ...
    JTEKT signs basic agreement to transfer European automotive OEM business to LEO III.-VV25-A GmbH
    JTEKT Corp. has reached a basic agreement to transfer its European automotive business for original equipment manufacturers to Germany-based investment vehicle, LEO III.-VV25-A GmbH, an entity advised by DUBAG Investment Advisory GmbH. This agreement involves transferring the operations of the Japanese supplier’s loss-making European OEM business, including all shares of its seven consolidated subsidiaries engaged in the manufacture and sale of automotive components. As outlined in JTEKT's ...
    Harbinger acquires Phantom AI to enhance ADAS tech
    Harbinger, a US medium-duty electric and hybrid vehicle manufacturer, has acquired the autonomous driving company Phantom AI. This acquisition allows Harbinger to integrate advanced computer vision technologies into its vehicles from 2026, incorporating features such as emergency braking and adaptive cruise control. This move caters to the demand for enhanced safety systems in medium-duty vehicles by the company's fleet customers. Alongside this, Harbinger has formed a licensing agreement with Z...
    Plug Charging acquires Wattif's charge-point estate in the UK and Ireland
    Plug Charging, an electric vehicle infrastructure operator based in Cardiff, UK, has acquired Wattif's charge-point estate in the UK and Ireland. The acquisition encompasses 350 charge points located at various high-demand sites, including train stations, healthcare facilities, holiday parks, retail and hospitality venues across the UK and Ireland. These charge points will be incorporated into Plug Charging's operational framework, which includes management, monitoring and 24/7 driver support, a...
    Be.EV acquires Mer's UK public charging network, expanding nationwide reach and enhancing convenience
    Be.EV has acquired Mer's UK public charging network, expanding its reach nationwide and enhancing convenience for customers seeking reliable charging options. The acquisition brings over 1,600 charging bays at more than 450 sites into Be.EV's network, bolstering its presence particularly in the South of England and complementing its existing operations in the North and Midlands. This move propels Be.EV into the UK's top 10 charging networks by rapid and ultrarapid-charging capacity, providing...
    Leading charge-point operator Connected Kerb acquires Trojan Energy
    Connected Kerb has acquired Trojan Energy in a deal announced Feb. 10. The move came to light soon after Trojan Energy entered administration after it failed to secure necessary funding to support its operations and new technology development. The deal will provide Connected Kerb with access to Trojan Energy's Flat & Flush on-street charging technology and associated network, which aligns with its strategy to enhance smart, accessible and future-proof charging infrastructures catered...
    Shell subsidiary Ubitricity acquires FM Conway’s SureCharge EV charging network in the UK
    Ubitricity, a wholly owned subsidiary of Shell and the UK's largest public electric vehicle charging operator, has announced the acquisition of FM Conway's SureCharge EV charging network. This transaction will integrate over 2,400 charge points into the Ubitricity Shell Recharge network, enhancing its coverage throughout London. The charge points are installed in lampposts on residential streets and operate at 4.8 kilowatts per hour, making them suitable for overnight EV charging. The...
    Bridgestone enters agreement to sell steel cord business in mainland China and Thailand to Bekaert
    Bridgestone Corp. has reached an agreement to sell its Steel Cord business in mainland China and Thailand to Bekaert. The Japanese tiremaker operates its Steel Cord business in these two Asian markets with wholly owned subsidiaries: Bridgestone (Shenyang) Steel Cord Co. Ltd. and Bridgestone Metalpha (Thailand) Co. Ltd. Bridgestone expects this sale to be completed in the first half of 2026. The Thai subsidiary of the Japanese tiremaker, Bridgestone Metalpha, was established 30 years ago. It o...
    Ouster acquires StereoLabs to enhance unified sensing platform for physical AI
    Ouster, a company specializing in sensing and perception for physical AI, announced that it completed the acquisition of StereoLabs SAS on Feb. 4. StereoLabs, known for its AI vision and perception solutions, has provided 3D vision systems since 2010, shipping over 90,000 ZED cameras to a customer base exceeding 10,000, and is supported by a broad developer community. With this acquisition, Ouster introduces physical AI's first unified sensing and perception platform, integrating digital lidar, ...
    OPmobility eyes Hyundai Mobis lighting business to accelerate global expansion
    In late January, OPmobility signed a memorandum of understanding (MOU) with Hyundai Mobis to explore the potential acquisition of the South Korean supplier’s lighting business. The two companies aim to reach a definitive agreement in 2026. The acquisition promises to significantly expand OPmobility’s global position as one of the leading tier 1 suppliers of lighting systems, a business the French supplier entered just four years ago. Hyundai Mobis is the largest tier 1 ...
    LG Energy Solution acquires full ownership of Canada's NextStar Energy from Stellantis
    LG Energy Solution is set to acquire full ownership of NextStar Energy, following a strategic decision made jointly with Stellantis, which will sell its 49% stake in the company. This transition is a result of extensive discussions with NextStar Energy's leadership and aims to ensure long-term growth and investment while maintaining a seamless transition. Established in 2022 as a joint venture between LG Energy Solution and Stellantis, NextStar Energy operates Canada's first large-scale battery ...
    Dauch Corp. completes acquisition of Dowlais Group including GKN Automotive and Powder Metallurgy
    Dauch Corp. has announced the completion of its acquisition of Dowlais Group, including its subsidiaries GKN Automotive and GKN Powder Metallurgy. David C. Dauch, chairman and CEO of Dauch Corp., described this acquisition as a transformative event for both companies. The combined entity aims to become a leading driveline and metal-forming supplier in the global automotive industry, with a focus on meeting current demands and advancing into future propulsion technologies. Following ...
    Texas Instruments to acquire Silicon Labs for $7.5B to enhance embedded wireless connectivity solutions
    Texas Instruments, a global semiconductor company, has announced a definitive agreement to acquire Silicon Labs, known for its secure, intelligent wireless technology, for $231.00 per share in an all-cash transaction, valued at approximately $7.5 billion. This acquisition aims to enhance Texas Instruments' capabilities in embedded wireless connectivity solutions by integrating Silicon Labs' mixed-signal solutions with its own analog and embedded processing technology. The merger will leverage...
    STMicroelectronics completes acquisition of NXP's micro-electromechanical systems sensors business
    STMicroelectronics has finalized its acquisition of NXP Semiconductors' micro-electromechanical systems (MEMS) sensors business, a deal first announced in July 2025, which has now gained full regulatory approval. This acquisition enhances STMicroelectronics' global capabilities in automotive safety products and industrial application sensors. The company anticipates that this acquired business will contribute in the mid-40 million dollar range to its revenue in the first quarter of 2026. The tra...
    Infineon acquires non-optical sensor portfolio from ams OSRAM for €570 million
    Infineon Technologies has entered into an agreement to acquire ams OSRAM's non-optical analog and mixed-signal sensor portfolio, valued at €570 million. This acquisition aims to fortify Infineon's presence in the automotive, industrial and medical sensor markets. The deal, set to close in the second quarter of 2026, involves taking over a fabless sensor business, including products, intellectual property, research and development capabilities, and necessary equipment. It also involves the tran...
    Stoneridge sells Control Devices business to US-based private equity firm Center Rock for $59 million
    Stoneridge has completed the sale of its Control Devices business to an affiliate of the US-based private equity firm Center Rock Capital Partners. The transaction, which closed on Jan. 30, included a base purchase price of $59 million. The divested business line offers a full range of control modules, including door, interior and chassis control modules, for various vehicle architectures and original equipment manufacturers. Stoneridge plans to use the...
    Milepost AB acquires Toveks Bil EV-charging stations in western Sweden municipalities
    Milepost AB, Sweden's first independent electric vehicle charging operator, has acquired the EV charging stations operated by Toveks Bil on municipal parking sites. Toveks Bil operates in 18 cities in western Sweden, offering wholesale services and vehicle support, and since 2022, has provided EV charging services in the municipalities of Lidköping, Sotenäs and Falköping in Sweden. Before this acquisition, Milepost had established its services in Lidköping on three sites. Under ...
    Repairify and Opus IVS collaborate to boost automotive diagnostics
    Repairify's diagnostics brands, asTech and BlueDriver, along with Opus IVS, have announced their intention to combine efforts to accelerate innovation in the automotive diagnostics industry. This merger aims to integrate complementary technologies, extensive technical expertise and a talented workforce to help repairers efficiently service complex vehicles. With the evolution of automotive technology and the growing demand for accurate diagnostics and advanced driver assistance system calibratio...
    Eaton announces plan to spin off Mobility Group
    Intelligent power management company Eaton has announced plans to separate its Vehicle and eMobility segments, collectively known as the Mobility Group, into an independent publicly traded entity. According to Eaton's CEO, Paulo Ruiz, this move aligns with Eaton's 2030 growth strategy, allowing the company to focus on its core Electrical and Aerospace businesses. The separation is intended to enable Eaton to capitalize on market trends such as electrification, digitalization, AI and increased in...
    Benteler Group acquires Ioki from Deutsche Bahn for European autonomous mobility expansion
    The Benteler Group is acquiring Ioki GmbH, a provider of software-based mobility solutions, from Deutsche Bahn AG. The agreement has been signed, but details remain confidential, with the transaction's closing anticipated soon. The acquisition creates a new full-service provider for autonomous mobility in Europe, comprising Holon, Ioki and Benteler Mobility. Holon manufactures autonomous shuttles, Ioki offers platform and routing technology for dynamic services and public transport int...
    LG Energy Solution to sell Ohio factory to Honda for $2.86 billion
    South Korea's LG Energy Solution announced plans to sell a factory building and associated assets in Ohio, US, to Honda Development and Manufacturing of America as part of a $2.86 billion deal. The agreement excludes land and equipment and is intended to enhance the operational efficiency of their joint venture. LG Energy Solution, however, will not dissolve the JV or reduce its stake, aiming instead to improve factory operations. Production at the site is anticipated to commence in 2026, wit...
    Altius Minerals to acquire Lithium Royalty Corp. in C$521 million deal by 2026
    Lithium Royalty Corp. has announced a definitive agreement with Altius Minerals Corp., under which Altius will acquire all outstanding common shares and convertible common shares of Lithium Royalty Corp. This acquisition offers shareholders a choice of consideration per share, including 0.240 common shares of Altius, C$9.50 in cash, or if no choice is made, a combination of 0.16 common shares of Altius and C$3.17 in cash. The transaction does not require financing conditions and is projected ...
    ZF sells ADAS business to in-cabin electronics supplier Harman
    ZF Group has agreed to sell its Advanced Driver Assistance Systems business to US-based in-cabin electronics specialist Harman International Inc. in a deal valued at €1.5 billion. The transaction, subject to regulatory approvals, marks a key milestone in ZF’s ongoing strategic realignment. ZF CEO Mathias Miedreich said the divestment allows the group to sharpen its focus on core technologies where it holds global leadership positions, including chassis systems, powertrain solutions, ...
    Zeekr delists from NYSE, completes merger with Geely
    Zeekr Group has finalized its merger with leading mainland Chinese automaker Geely Automobile Holdings, becoming a wholly owned subsidiary of the latter and ceasing to be a publicly traded company. Following the merger, Zeekr has requested the NYSE to suspend trading of its American Depositary Shares (ADS) by Dec. 22, 2025, and to notify the SEC of its delisting and deregistration of securities. This merger is part of Zhejiang Geely Holding Group's broader restructuring strategy, which aims t...
    Samvardhana Motherson agrees to acquire Nexans AutoElectric's Wiring Harness business for €207 million
    The board of directors of leading Indian auto parts supplier Samvardhana Motherson International Ltd. (SAMIL) has approved the acquisition of certain assets of Nexans AutoElectric GmbH and Elektrokontakt GmbH for €207 million. The acquisition, to be carried out through Motherson Global Investments BV (MGI BV), a wholly owned subsidiary of SAMIL, is subject to employee consultations and regulatory approvals. Nexans AutoElectric is a well-known manufacturer specializing in automotiv...
    Li-FT Power to acquire Winsome Resources and interest in Galinée property
    Li-FT Power Ltd. has entered a binding agreement to fully acquire Winsome Resources Ltd. through Australian share and option schemes of arrangement, contingent on fulfilling various conditions. Additionally, Li-FT has a nonbinding letter of intent with Azimut Exploration Inc. and Soquem Inc. to acquire a 75% interest in the Galinée property. The Galinée property is adjacent to the Adina project, and both are collectively referred to as Adina-Galinée. The Adina project boasts significant li...
    Samvardhana Motherson completes acquisition of remaining 10% stake in Motherson Lumen Systems SA
    Samvardhana Motherson International Ltd. (SAMIL) has acquired the remaining 10% equity stake in Motherson Lumen Systems South Africa Pty. Ltd. This acquisition was carried out through Motherson Lumen Holding Ltd., which is an indirect wholly owned subsidiary of SAMIL. With this acquisition, Motherson Lumen Systems South Africa has become an indirect wholly owned subsidiary of the parent company. Motherson Lumen Systems South Africa operates a design, manufacturing and sales facility loca...
    Audi Group partners with UST to expand Italdesign's global penetration
    The Audi Group has announced a strategic partnership with UST, a global transformation company specializing in AI-powered technology, design and engineering. UST, based in Aliso Viejo, California, will acquire a majority stake in Italdesign, which is owned by Automobili Lamborghini SpA, a part of the Audi Group. Lamborghini will retain a significant stake in Italdesign, ensuring Audi's continued involvement as a strategic partner and important client. UST's acquisition of Italdesign marks the...
    Superior Industries completes acquisition by term loan investors, appoints new CEO
    Superior Industries has completed the acquisition by a group of its term loan investors, including Oaktree Capital Management. This transaction involves converting a significant portion of the investors' term loans into equity and terminating the company's preferred stock, effectively creating a robust capital structure to enhance long-term growth in the global wheel industry. As part of this development, Majdi Abulaban has resigned as CEO of Superior Industries with immediate effect. The US-...
    Asahi Kasei divests lead battery separator business to focus on lithium-ion growth in North America
    Asahi Kasei, a global manufacturer with operations across the healthcare, homes and material sectors, has announced the strategic sale of its Daramic lead battery separator business to Kingswood Capital Management LP. The transfer of Daramic was completed on Dec. 1, with minimal impact on Asahi Kasei's consolidated financial results for fiscal 2025. Hideyuki Yamagishi, the primary executive officer and president of the Material Sector at Asahi Kasei Corp., emphasized that the divestiture...
    Adient acquires 49% stake in mainland Chinese supplier SCI to form JV for innovative seating solutions
    Adient, a company specializing in automotive seating, has completed the acquisition of a 49% equity stake in SCI (Zhangjiakou) Co. Ltd., a supplier under Zhejiang Yoening Technology Group in China. This acquisition establishes a new strategic joint venture aimed at developing and manufacturing innovative seating solutions for the Chinese automotive market, particularly for key Chinese original equipment manufacturers. This collaboration is part of Adient's strategy to strengthen its presence in ...
    StoreDot merges with Andretti to form XFC Battery, boosting EV charging technology
    StoreDot Ltd., an Israeli company specializing in extreme fast charging (XFC) battery technology for electric vehicles, has announced a definitive business combination agreement with Andretti Acquisition Corp. II, a publicly traded special purpose acquisition company based in the Cayman Islands. The newly formed entity, named XFC Battery (Pubco), aims to accelerate the commercialization of StoreDot's XFC batteries, addressing the significant consumer concern of long charging times in the EV mark...
    Milepost acquires Enkla Elbolaget's EV charging stations in Swedish municipalities
    Milepost AB, Sweden's independent electric vehicle charging operator focused on everyday charging, has acquired the EV charging stations of Enkla Elbolaget. Enkla Elbolaget, an electricity provider serving consumers and enterprises across Sweden, has been offering EV charging services since 2015 in the municipalities of Karlshamn, Kristianstad and Ronneby. Under the agreement between Milepost and Enkla Elbolaget, Milepost will take ownership of Enkla Elbolaget's charging stations in these are...
    Element to acquire connected vehicle payments company Car IQ
    Element Fleet Management Corp., a publicly traded automotive fleet manager, announced its acquisition of Car IQ, a technology company specializing in connected vehicle payments. This acquisition enables the integration of vehicle-initiated payments directly into Element's fleet management ecosystem, probably the first of its kind in the market. This strategic move allows Element to provide enhanced connected mobility, data and fleet management solutions with digital payments capabilities across ...
    Tata AutoComp completes acquisition of IAC Group’s assets in Sweden
    Tata AutoComp Systems has completed the previously announced acquisition of International Automotive Components (IAC) Group Sweden's assets, expanding the Indian manufacturer's reach in Europe. The acquired business will operate as Artifex Systems AB, a wholly owned subsidiary of Tata AutoComp, with an annual turnover of about $800 million.  Artifex Systems AB operates three production facilities in Sweden, located in Låssby (Gothenburg), Färgelanda and Skara, employing approximately&n...
    Inteva Products completes acquisition of portions of IAC Group’s business in Europe
    Inteva Products has completed the previously announced acquisition of portions of International Automotive Components (IAC) Group's European business. This acquisition aims to strengthen the US-based supplier's position in the automotive interiors market and expand its global engineering expertise.  Gerard Roose, president and CEO of Inteva Products, expressed enthusiasm over welcoming new colleagues from select IAC operations in Europe, emphasizing the shared commitment to innovation, e...
    Wayve acquires Quality Match to enhance data quality in autonomous driving
    Wayve has announced the acquisition of Quality Match, a German startup known for its expertise in data quality assurance for computer vision datasets and AI. The acquisition underscores Wayve's commitment to data accuracy as an essential component of safe and scalable autonomous driving. Quality Match, founded in 2019, specializes in interpreting and analyzing data critical for training AI models, particularly in advanced assisted and automated driving applications. By integrating Quality Match ...
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