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    2026 Automotive Supplier Outlook
    In the wake of another tumultuous year for the global automotive industry, this report provides unfiltered insights directly from the front lines. S&P Global Mobility’s Matthew Beecham engaged with 59 senior executives from across the automotive supply chain to capture their experiences and strategies. Now in its third year, this comprehensive end-of-year analysis outlines the operational and strategic challenges suppliers faced in 2025 and how they are preparing for 2026. The suppliers...
    Insights
    2026 Automotive Analyst Outlook
    S&P Global Mobility’s 2026 Automotive Analyst Outlook presents a comprehensive collection of insights, reflections and forward-looking perspectives from our team of analysts. Drawing on a year marked by volatility, innovation and adaptation, our experts examine how the global automotive industry navigated the challenges and opportunities of 2025 — from supply chain disruptions and regulatory shifts to the evolving landscape of electrification, connectivity and consumer preferences. Throu...
    Insights
    Aisin to invest $200 million to expand production in India
    Aisin Corp. and its Indian subsidiary Aisin Automotive Haryana Private Ltd. (AHL) plan to expand AHL's current plant and construct a new facility in Maharashtra, India, to grow their business in India's rapidly expanding market. The total investment for these projects is about ¥32 billion (about $200 million). Since initiating production in India in the 1990s, Aisin has enhanced its manufacturing capabilities to align with market trends and customer demands, producing and selling a variety of p...
    News
    Varroc Engineering secures contract to supply EV chargers to global OEM
    Varroc Engineering has secured a contract with a prominent global electric vehicle original equipment manufacturer to supply alternating current bidirectional wall chargers, marking a significant advancement in its electric mobility offerings. The partnership is projected to last six years, with an expected peak annual business value of 4.3 billion rupees (approximately $48 million). The chargers, compliant with Energy Star standards, will be produced at Varroc's facility in Romania, which wi...
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    India mulls incentives for lithium and nickel processing to boost clean energy transition
    In a strategic move to bolster its clean energy initiatives, India is set to unveil incentives to encourage the establishment of lithium and nickel processing plants. This development, reported by sources and a government presentation reviewed by Reuters, marks a significant step in India's efforts to accelerate its energy transition and reduce emissions. The initiative comes as India seeks to enhance its capacity to process critical minerals, a domain dominated by mainland China. Lithium and...
    News
    Sharge partners with Grab to launch EV charging stations for drivers in Thailand
    Sharge, an electric vehicle charging ecosystem operator in Thailand, has partnered with Grab, the country's top ride-hailing app, to launch EV charging stations exclusively for Grab drivers. This initiative aims to promote EV adoption among ride-hailing drivers. Sharge plans to invest over 400 million baht (approximately $12.8 million) to establish 40 charging stations across Thailand by 2027. Three initial stations will be located at Suvarnabhumi Airport, Don Mueang Airport and Pat...
    News
    ABB launches its first ultrafast EV chargers in Australia
    In a landmark development for Australia's electric vehicle infrastructure, ABB has announced the installation of its first two A400 ultrafast EV chargers at the Ampol Foodary Eastern Creek Westbound site on Sydney's M4 Motorway. This initiative is part of a broader rollout of 10 EV charging bays, marking a significant milestone in Ampol's public charging network expansion. The 400-kW chargers are strategically positioned in a dedicated drive-through hub, designed to accommodate EV trucks and ...
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    SIAT 2026: Schaeffler India presents electrification and smart mobility solutions
    Schaeffler India Ltd., the Indian subsidiary of Germany-based motion technology company Schaeffler, is participating in the Symposium on International Automotive Technology (SIAT) 2026, held Jan. 28–30 in Pune, Maharashtra. The company is displaying next-generation technologies for the Indian automotive industry. Schaeffler is showcasing various solutions, including electrification technologies such as drives, motors and modules; efficient powertrain solutions for internal combustion engine...
    News
    Kim Long and BYD partner to set up a $130 million battery plant in Vietnam
    Vietnamese vehicle manufacturer Kim Long Motor has announced a partnership with leading Chinese battery-maker BYD to develop a $130 million battery plant to produce batteries for commercial electric vehicles in central Vietnam. According to the agreement, Kim Long Motor will be responsible for the facility's construction, while BYD will provide extensive technical and technological support. The planned battery plant will cover 4.4 hectares and have an initial production capacity of 3 GWh ...
    News
    Motherson Group expands operations in Hungary with €95.4 million investment
    Samvardhana Motherson International Ltd., an India-based automotive supplier also known as Motherson Group, is expanding its operations in Hungary through several investments, including a research and development program and the establishment of a regional services center. The company’s €54 million R&D project focuses on AI-based sensors and advanced visual systems integrated into rearview mirrors. The investment is set to create 55 new jobs for automotive product development professi...
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    Neolite ZKW inaugurates new lighting facility in Pune, India
    Neolite ZKW Lightings Ltd., a joint venture between the ZKW Group and Indian supplier Neolite, has established a manufacturing facility in Pune, Maharashtra, to produce automotive lighting systems, Autocar Professional reported Jan. 23, 2026. The plant, which began operations in December 2025, is strategically located near the Mumbai-Pune-Nashik-Aurangabad automotive cluster, enabling the company to efficiently serve clients such as JSW MG Motor, Stellantis India, VE Commercial Vehicles and...
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    Vinfast plans to localize battery production in India
    Vietnamese electric-vehicle maker Vinfast is in discussions with several battery manufacturers in India, including Tata-Gotion, to localize battery production for its vehicles. This move is part of VinFast's strategy to strengthen and expand its EV offerings in the Indian market. According to Vinfast Asia CEO Pham Sanh Chau, the company aims to increase its localization efforts, which stand at about 15%, to reach 40% soon. By localizing battery production, VinFast expects a significant boost ...
    News
    Syrah Resources and Tesla extend graphite supply agreement deadline to 2026
    Syrah Resources, an Australian company, has announced an agreement with Tesla to extend the deadline for resolving an alleged breach of their graphite supply agreement. This is the third extension related to the 2021 agreement, which involves Syrah supplying 8,000 metric tons of graphite annually over four years. The agreement is crucial for Syrah's Vidalia, Louisiana, operations and the company's strategy to become the first major non-mainland Chinese supplier of graphite to the US. Tesla...
    News
    JK Tyre expands passenger car tire production capacity in India
    JK Tyre & Industries Ltd. has inaugurated the third phase of its capacity expansion and modernization at its passenger car radial tire manufacturing plant located in Banmore, Madhya Pradesh, India. The initiative is part of a broader investment plan by the company, exceeding 10 billion rupees (nearly $110.7 million). The inauguration ceremony was attended by executives from JK Tyre and Maruti Suzuki India Ltd. (MSIL), including Hisashi Takeuchi, CEO and managing dire...
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    Mercedes-Benz India launches MB.Charge for seamless EV charging experience
    Mercedes-Benz India has launched MB.Charge, a unified public charging system, in the country. This service aggregates access to over 9,000 direct current fast chargers nationwide, including those from third-party providers. It enables Mercedes-Benz electric vehicle customers to locate, authenticate, charge and make payments via a single interface, removing the need for various third-party applications and prepayments. Developed over 18 months, customers can initiate and pay for charging ...
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    Xpeng plans to set up overseas supply chains teams to advance its global production network
    Xpeng plans to establish independently operated overseas localized supply chain teams in European and Association of Southeast Asian Nations markets by 2026, following its 2025 launch of local production in Europe and Southeast Asia. This initiative aims to enhance overseas supply resource deployment, improve supply chain responsiveness and support Xpeng's strategy for local production abroad. The company has accelerated its international market expansion over the past two years and aims...
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    Delhi government to install 7,000 EV charging stations by year-end
    The Delhi government plans to install about 7,000 electric vehicle charging stations by the end of 2026 as part of a strategy to promote clean mobility and reduce air pollution. This initiative aims to curb vehicular emissions, a significant contributor to the city's air pollution. In addition to enhancing the charging infrastructure, the government is set to expand the public transport system by increasing the bus fleet. A revised EV policy is expected to be finalized and announced by March's e...
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    Reliance halts lithium-ion cell manufacturing in India due to technology transfer issues
    Reliance Industries Ltd. (Reliance) has halted its plans to manufacture lithium-ion (Li-ion) battery cells in India due to unsuccessful attempts to acquire technology from mainland China. The company's discussions with mainland Chinese supplier Xiamen Hithium Energy Storage Technology Co. were disrupted after mainland China's restrictions on technology transfers in key sectors led to the withdrawal of the proposed partnership. Consequently, Reliance has shifted its focus toward assembling batter...
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    Indian EV charging startup RoadGrid raises $1.33 million in Pre-Series-A funding round
    New Delhi-based electric vehicle charging infrastructure startup RoadGrid has secured 120 million rupees (about $1.33 million) in a Pre-Series-A funding round. The funding round was led by Venture Catalysts and included participation from Kamal Puri of Skyline Group, IPV, FAAD Network, LetsVenture, Vrinda Goyal of Pace Group, Haresh Patel of Arthanomics, and Maneesh Shrivastav of Alpha Value, among other strategic and angel investors. RoadGrid develops patented universal EV chargers that are ...
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    Johor state in Malaysia discusses lithium battery plant with Gotion High-Tech for regional EV hub
    Malaysia's Johor state government is in the final stages of discussions with Gotion High-Tech Co. Ltd., a global battery technology firm, to establish an advanced lithium battery manufacturing facility. This initiative follows a recent visit and strategic meeting with Gotion's top management in Shanghai. Menteri Besar Datuk Onn Hafiz Ghazi indicated that setting up this facility would position Johor as a regional hub for electric vehicle battery production and energy storage systems. He empha...
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    India’s YEIDA issues letter of intent to set up mega EV charging facility
    Yamuna Expressway Industrial Development Authority (YEIDA) has issued a letter of intent (LoI) to electric vehicle charging solutions provider Neenjas Electric to set up a mega EV charging facility, according to a news report published by The Times of India on Jan. 5. Neenjas Electric is known for developing advanced EV charging solutions, including EV chargers and AC-DC power converters. According to the report, Neenjas Electric plans to invest about 1,690 million rupees (about $18.75 millio...
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    Exicom launches turnkey platform for end-to-end management of EV charging infrastructure
    Exicom Tele-Systems Ltd. has launched Exicom One on Dec. 18, 2025, a turnkey platform designed to manage the deployment and operation of electric vehicle charging infrastructure. This comprehensive solution integrates site assessment, electrical installation, software integration and ongoing maintenance into a single service framework. Exicom aims to help charge-point operators (CPOs) address operational challenges as they expand their networks in India, with plans for extensive dep...
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    Lubricant supplier Gulf Oil to expand EV charging infrastructure in India
    Gulf Oil Lubricants India, supported by the Hinduja Group, is increasing its investment in the electric vehicle charging sector by enhancing its stake in Tirex Transmission to 65% through an additional 14% acquisition for approximately 380 million rupees (about $4.2 million). The move reflects Gulf's strategic shift from a traditional lubricant company to a mobility ecosystem player. Tirex, which manufactures high-speed DC chargers for fleet and highway operations, has shown significant ...
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    Singapore's CCS seeks public feedback on SP Mobility's acquisition of ChargEco in EV charging market
    The Competition and Consumer Commission of Singapore (CCS) is seeking public feedback on the proposed acquisition of Strides YTL Pte. Ltd., known as ChargEco, by SP Mobility Pte. Ltd. (SPM). This acquisition, referred to as the Proposed Transaction, is under review to determine if it could potentially be anti-competitive. Both companies involved, SPM and ChargEco, operate electric vehicle charging networks in Singapore. SPM manages its EV charging points using its own Charging System Manageme...
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    India drafts guidelines for Battery Pack Aadhaar system to enhance EV battery traceability
    The Indian government has released draft guidelines for a Battery Pack Aadhaar system, which introduces a unique 21-character digital identity known as BPAN for electric vehicle batteries and industrial batteries. This initiative is designed to track the life cycle of batteries from production to disposal, aiming to improve transparency, traceability and sustainability within India's growing EV sector. The guidelines focus primarily on EV batteries but may also cover industrial batteries...
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    U Power partners with Whale Logistics to introduce battery-swapping electric trucks in Thailand
    U Power Ltd. has announced a strategic partnership with Whale Logistics (Thailand) Co. Ltd., aimed at promoting the use of commercial battery-swapping electric trucks in Thailand. U Power, which specializes in AI-powered solutions for energy grids and intelligent transportation systems, will deploy its UOTTA electric vehicle battery-swapping technology through its subsidiary, U Swap Co. Ltd. Whale Logistics is part of Whale Logistics Group, a well-regarded logistics service provider in Thailand ...
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    V-Green partners with HPCL to expand EV charging stations across India
    V-Green and Hindustan Petroleum Corp. Ltd. (HPCL) have announced a strategic partnership to establish electric vehicle charging stations (EVCS) at HPCL fuel stations nationwide. This collaboration will utilize HPCL's extensive network of over 24,400 retail outlets to develop the charging infrastructure, aimed at enhancing the EV user experience, accelerating transportation electrification in India, and supporting the long-term growth of the VinFast and HP e-Charge brands. HPCL, a major state-...
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    India adds more than 27,000 EV charging stations nationwide
    India has marked a major milestone in its electric vehicle revolution, installing over 27,000 new charging stations across the country in 2025 to fuel the growing adoption of electric cars, bikes and commercial fleets. The expansion, detailed in a year-end statement from the Ministry of Petroleum and Natural Gas, underscores the nation's push toward sustainable mobility. Nearly 8,932 stations were established under the central government's Faster Adoption and Manufacturing of Electric Ve...
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    Naxatra Labs secures $3 million funding to boost R&D and production of EV motors
    Naxatra Labs, a deeptech company focused on high-efficiency electric motors, has secured $3 million in a Pre-Series-A funding round led by Rainmatter, Autocar Professional reported Dec. 23. Based in Ahmedabad, India, the startup designs and manufactures motors for electric vehicles and industrial applications. Apart from Rainmatter, the funding round attracted participation from individual investors, including Mohit Tandon of Delhivery, Vijay Shekhar Sharma of Paytm, and Aloke Bajpai of Ixigo. ...
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    Tata Motors Passenger Vehicles plans to expand EV portfolio with five new models by fiscal year 2029/30
    Tata Motors Passenger Vehicles Ltd. has announced plans to expand its electric vehicle portfolio by introducing five new models in India by fiscal year 2029/30, Press Trust of India (PTI) reported Dec. 23. The company also intends to enter the premium EV market under the Avinya brand by 2026, following the launches of the Sierra EV and Punch EV within the same year. In addition, Tata Motors Passenger Vehicles will introduce three new brands by the end of fiscal year 2029/30. Tata Mo...
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    Hubject partners with Numocity to enhance Plug&Charge technology across multiple regions
    Hubject has announced a strategic partnership with Numocity to incorporate Hubject's ISO 15118-based Plug&Charge technology into Numocity's charging management platform. This collaboration aims to enable charge-point operators (CPOs) and e-mobility service providers to manage charging networks seamlessly across more than 20 countries, focusing on markets in India, the Asia-Pacific and the Middle East. The integration offers a single contract solution for automated, frictionless charging, eli...
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    Solum and I-charging expand partnership to advance sustainable electric mobility solutions
    Solum has announced the expansion of its strategic partnership with I-charging, an innovator in electric mobility (e-mobility) technology. The partnership aims to enhance collaboration in next-generation product development, global market expansion, and the advancement of sustainable e-mobility solutions. As part of this initiative, I-charging CEO Pedro Silva and his leadership team visited Solum's manufacturing hub in Vietnam to explore further cooperation. This visit highlighted Solum's cap...
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    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...
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    Jaya Hind Industries invests $22.3 million to expand die casting plant in Chennai, India
    Indian supplier Jaya Hind Industries has commenced an expansion of its Chennai manufacturing plant in Tamil Nadu, India, with an investment of approximately 2 billion rupees (nearly $22.3 million), Autocar Professional reported Dec. 18. The investment aims to significantly increase the capacity of the precision aluminum die-cast component supplier.  The expanded facility will feature high-pressure die-casting machines with capacities ranging from 1,400 to 4,400 metric tons, designed to p...
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    Thailand Cabinet revises EV promotion strategies to prevent market oversupply and price wars
    The Thai Cabinet has approved changes to its electric vehicle promotion strategies, specifically targeting the EV3 and EV3.5 measures, to prevent potential market oversupply and price wars. The adjustments aim to offer manufacturers more flexibility while maintaining market stability as Thailand pursues its ambition to become a significant global hub for EV production. Key updates include an extension of the vehicle registration timelines, with EV3 vehicles needing to be sold by Dec. 31, 2025...
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    Pulse Energy partners with HPCL to integrate 5,000 EV chargers into its platform
    Pulse Energy has partnered with HPe Charge, Hindustan Petroleum Corp. Ltd.'s (HPCL) electric vehicle charging brand, to integrate over 5,000 EV chargers into its platform. This integration allows drivers to locate, access and pay for charging at HPCL stations through a single interface. The partnership enables access to HPCL's charging network alongside other operators such as Shell, ChargeZone, BESCOM and Thunderplus. Akhil Jayaprakash, co-founder of Pulse Energy, remarked that India's main ...
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    Wheels India enters Technical Assistance Agreement with Topy Industries to enhance aluminum alloy wheels business
    Indian supplier Wheels India Ltd. has entered into a Technical Assistance Agreement with the Japanese supplier Topy Industries to enhance its aluminum alloy wheels business. Under the agreement, Topy Industries will provide technical expertise for the design, development and manufacture of cast aluminum wheels, thereby enhancing Wheels India's capabilities in this growing market segment. Wheels India, which ventured into the aluminum alloy wheels business in fiscal year 2020/21 with the...
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    Grab and Charge+ team up to expand EV charging infrastructure in Vietnam
    Grab Vietnam has entered into a partnership with Charge+, a leading provider of electric vehicle charging solutions in Southeast Asia, to develop a charging and battery-swapping network in Vietnam. This collaboration aims to provide flexible charging solutions for electric cars, motorcycles and e-scooters, benefiting Grab driver-partners and EV users. The agreement aligns with the long-term commitment of both companies to promote green mobility and support Vietnam's Net Zero road map. M...
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    Kia evaluates plan to launch its popular Seltos SUV with hybrid propulsion system in India
    Kia India has formally confirmed that it is evaluating a hybrid version of its new Seltos sport utility vehicle, according to a news report published by Autocar Professional on Dec. 10. The move is part of Kia India’s future powertrain road map. The report said that Kia plans to launch the hybrid version of the Seltos SUV in India once the company achieves meaningful localization of hybrid components. The strategy is aimed at ensuring that the technology is priced competitively for Ind...
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    Naxion Energy introduces sodium-ion battery systems in India
    Naxion Energy has announced the commercial launch of its sodium-ion-based energy storage systems, produced at its Coimbatore facility in India. This development marks the company as India's first dedicated sodium-ion battery manufacturer. The systems integrate batteries, inverters and solar  Maximum Power Point Tracking (MPPT) components, available in 3.5-kW, 5-kW and 10-kW configurations with expandable capacity, catering to residential, commercial, industrial and defense sectors as alt...
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    ARENA invests A$21 million to boost EV charging infrastructure in Australia
    The Australian Renewable Energy Agency (ARENA) is investing A$21 million to expedite the transition to electric vehicles in Australia. Through ARENA's Driving the Nation Program, three new projects have been initiated to improve access to EV charging infrastructure, making it more affordable and readily available across the country. These initiatives aim to advance the infrastructure and insights necessary for Australia's shift toward zero-emission transportation. The projects include funding...
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    Tellus Power collaborates with Cornerstone Technologies to boost EV charging in Southeast Asia
    Tellus Power GLOBE Holding Ltd., an innovative provider of electric vehicle charging solutions, announced a strategic cooperation agreement with Cornerstone Technologies Holding Ltd. to expand EV charging infrastructure and deploy advanced energy technologies in Hong Kong and Southeast Asian markets. Under the agreement, Cornerstone plans to expand its charging network in these regions, establishing a nonexclusive preferred supplier relationship. The partnership combines the strengths of...
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    Ace Green Recycling advances global zero-emissions battery recycling strategy in key markets
    Ace Green Recycling Inc. has announced significant progress in its global expansion strategy, with zero-emissions battery recycling equipment deployments in Taiwan, Thailand and Armenia. The company is shipping equipment for projects in Taiwan and Thailand, and has commenced shipments to Armenia for lead and lithium recycling. In Taiwan, Ace is collaborating with ACME Metal Enterprise, with equipment set to arrive early in 2026, marking phase two of its deployment to expand zero-emissions cap...
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    Driving comfort: The transformation of India's automotive seating landscape
    India has emerged as the fourth-largest single market for complete seats after mainland China, the US and Japan. In 2024, automotive suppliers produced over 17.3 million complete seats for 5.6 million light vehicles produced in the country. S&P Global Mobility analysts expect the supply of complete seats to grow to 24.3 million units in 2031, in line with the growth in light-vehicle production volume, which to expected to reach nearly 8 million units. In addition to vo...
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    Hyundai Mobis opens software research center in Bengaluru, India
    Hyundai Mobis established a specialized software research branch in Bengaluru, Karnataka, India, complementing its existing integrated research and development center in Hyderabad, Telangana, India. The investment supports the South Korean supplier's dual R&D strategy tailored to the regional characteristics. Bengaluru, known for its vibrant software ecosystem, was chosen for its favorable software development environment, aligning with Hyundai Mobis’ goal to tap into local talent and meet...
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    Tasco Auto partners with Esky to deploy DC fast-charging stations across Vietnam
    Tasco Auto JSC, Vietnam's largest auto distributor, and Esky Energy Investment Service Trading Corp. will collaborate to deploy over 50 DC fast-charging stations across Vietnam. This initiative is part of a memorandum of understanding (MOU) signed by the two companies. The installation of charging stations will begin in early 2026 and will initially focus on Tasco Auto's showrooms nationwide to improve accessibility for electric vehicle owners. Subsequently, the network will expand to include...
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    Chargefox partners with EVX to expand curbside EV charging across Australia
    Chargefox has partnered with EVX to expand its national platform by adding hundreds of curbside electric vehicle chargers, thereby enhancing access for drivers who lack off-street parking and broadening Australia's extensive EV charging network. EVX chargers are in several locations across New South Wales, including Wollongong, Sydney, Ballina and Byron Bay, as well as in Melbourne's south-eastern suburbs. This collaboration with EVX follows the recent integration of AGL curbside charging sit...
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    Tata Motors integrates Dolby Atmos in all-new Tata Sierra SUV
    Tata Motors Passenger Vehicles Ltd. (TMPVL) has announced a partnership with Dolby Laboratories to integrate Dolby Atmos immersive audio technology into its upcoming all-new Tata Sierra sport utility vehicle. Scheduled for release in January 2026, the SUV will feature a 12-speaker audio system that provides multidimensional sound within the cabin. This advanced audio technology allows sound to be positioned and moved around passengers, offering spatial sound effects that differ from tradition...
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    Elonroad partners with NTU Singapore to advance automated vehicle charging technology
    Elonroad, a Swedish company specializing in electric roads and charging infrastructure, has partnered with Nanyang Technological University, Singapore (NTU Singapore) through its Energy Research Institute, to develop and test automated charging technology. This collaboration, announced in October, focuses on using Elonroad's conductive charging rails to facilitate automatic vehicle charging without manual cable connections. The technology is aimed at enhancing safety, reducing downtime, ...
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    Maruti Suzuki plans nationwide expansion of EV charging network by decade's end
    Maruti Suzuki, India's largest carmaker, plans to establish over 100,000 charging points nationwide by the end of the decade to enhance consumer confidence in electric vehicles, according to Managing Director and CEO Hisashi Takeuchi. The company intends to launch its first EV, the eVitara, and aims to become the largest fast-charging original equipment manufacturer network by collaborating with 13 charge-point operators, having already set up 2,000 exclusive charging points across 1,100 citi...
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    V-Green partners with Telkom Property to expand EV charging in Southeast Asia
    V-Green, a global developer of electric vehicle charging infrastructure, has entered into a partnership with Telkom Property, a subsidiary of Telkom Indonesia, to advance green infrastructure development in Indonesia and Southeast Asia. They have signed a memorandum of understanding that allows V-Green access to various parking lots across Indonesia managed by Telkom Property to support EV charging stations and green transportation infrastructure, including electric taxis. Telkom Property, wi...
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    Thailand revises EV policy to boost exports and prevent domestic oversupply
    Thailand has adjusted its electric vehicle incentive policy to promote exports and prevent potential oversupply in the domestic market, as announced by the country's Board of Investment. This new policy stipulates that each EV produced for export will count as 1.5 units toward a manufacturer's local production obligations. The policy revision follows an earlier change in July that aimed to provide carmakers with more flexibility to meet production requirements and to bolster exports. Thail...
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    TotalEnergies winds up EV charging operations in Singapore
    TotalEnergies Charging Services Singapore is set to cease its electric vehicle charging operations in Singapore by the end of 2025, marking the first significant EV charging service withdrawal since the EV charging law was enacted in December 2023. The company has reached an agreement to transfer its network of charging points to the Land Transport Authority (LTA). The transfer will be completed by Dec. 31 to other LTA-designated operators. This decision follows BlueSG's announcement in Augus...
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    NHK Spring plans new motor core production facility to meet rising demand in India
    NHK Spring has announced plans to establish a new motor core production facility at its Aurangabad plant in Maharashtra, India. The company will invest approximately ¥1.5 billion (nearly $9.5 million) to renovate the plant and relocate equipment, primarily for the stamping line. The plant expansion is expected to be completed by July 2026. NHK Spring also intends to make an additional investment of ¥5 billion to expand the building and add equipment in the future. These investments align wi...
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    Statiq collaborates with BMW Group to set up expansive EV charging corridor in India
    Statiq, identified as India's largest electric vehicle charging network, has collaborated with BMW Group India to establish a 4,000 km high-speed charging corridor from Jammu, India, to Madurai, India. The partnership aims to provide reliable, high-power charging stations every 300-350 km, easing travel for EV owners by reducing range anxiety. The charging stations will offer a minimum of 120-kW capacity, reaching up to 720 kW in select locations, and will be accessible to all EV brands. Addi...
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    Mahindra unveils network of ultrafast-charging stations for EVs across India
    Mahindra has launched a network of 180-kW ultrafast-charging stations for EVs, with plans to establish a total of 250 such stations across the country by the end of 2027. The automaker has already inaugurated two Charge_IN stations, targeting an expansion to over 1,000 touchpoints within the same time frame. The first two stations have been set up on NH75 near Bengaluru, India, and NH44 near Delhi, India, equipped with two 180-kW chargers capable of charging up to four EVs simultaneously. The...
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    Varroc Engineering secures major contract for electric powertrain components
    Indian supplier Varroc Engineering Ltd. has secured a contract with an electric vehicle manufacturer to supply high-voltage electronics for electric powertrain (e-powertrain) components. The Pune, Maharashtra-based company will deliver a comprehensive suite of components, including power electronics units, inverters, onboard chargers, battery management systems (BMS) and DC-DC converters. These products will be manufactured at Varroc's facility in Romania. The supply agreement, which spans ...
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    Evnex launches affordable E2 Flex smart EV charger with solar-ready features in Australia
    Evnex, a manufacturer of smart electric vehicle chargers, has launched the E2 Flex in Australia, marking it as the most affordable option within its range. The E2 Flex is designed for cost-conscious EV drivers who use grid energy, with the option for an easy software upgrade if solar energy is added later. Nearly two-thirds of Australian households do not have rooftop solar, making the E2 Flex an attractive option for starting with grid power, with solar integration available when need...
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    Murata Manufacturing opens new production building in Philippines to meet growing demand for multilayer ceramic capacitors
    On Oct. 22, 2025, Philippine Manufacturing Co. of Murata Inc., a manufacturing subsidiary of Japan-based Murata Manufacturing, inaugurated a new production building in Batangas, Philippines, which had been under construction since August 2023. The new production building will enable the Japanese supplier to enhance its global production capabilities in response to the anticipated medium- to long-term increase in demand for multilayer ceramic capacitors (MLCCs), driven by growth in the mobil...
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    JBM Group forms JV with Sodecia to establish hot stamping facility in Pune, India
    Indian auto parts supplier JBM Group has finalized a joint venture with Portugal-based Sodecia Automotive International to establish a hot stamping manufacturing facility in Chakan, near Pune in Maharashtra, India, Autocar Professional reported Nov. 20. The two partners have laid the foundation stone for the new plant at JBM Group's Neel Metal Products Ltd. facility in Chakan. This JV entails an investment of 1.5 billion rupees (nearly $16.7 million), with the facility expected to be operational...
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    ChargeZone launches Project E-Dhara to transition its EV charging network to renewable energy
    ChargeZone, a leading charge point operator (CPO) in India, has initiated Project E-DHARA, a project aimed to transitioning its charging infrastructure to entirely renewable energy sources. The company, which operates over 13,500 charging points across India and the UAE combined, will launch its first renewable-powered charging hub in Dahej (Gujarat, India) later this year, marking the commencement of the project. The initiative aims to address the challenge of dependency on fossil fu...
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    Malaysia unveils first EV battery passport standard in ASEAN
    Malaysia has launched the region's first electric vehicle battery passport standard, aiming to boost transparency and accelerate the growth of the EV ecosystem amid rapid technological changes. The Malaysian Standard MS 2818: Battery Passport for Electrified Vehicle — General Requirements was introduced by the Department of Standards Malaysia during Miti Asean Day 2025. This initiative was developed in collaboration with the Malaysia Automotive, Robotics and IoT Institute. Deputy Investment...
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    Syrah Resources extends Tesla graphite supply deadline amid alleged default concerns
    Australia's Syrah Resources has announced an extension to the deadline of its graphite supply agreement with Tesla, marking the second such extension in recent months. The extension aims to address an alleged default related to the delivery of conforming active anode material samples from Syrah's processing facility in Louisiana, US, intended for Tesla's electric vehicle batteries. Initially set for Sept. 16, 2025, this deadline was first extended to Nov. 15, 2025, and now further pushed...
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    “India is not an easy market, if we would be able to compete here, we can compete anywhere” – Philipp Senoner, co-founder and CEO, Alpitronic
    In this exclusive interview, Senoner, who is also on the board of ChargeUP Europe — a lobby body of EV charger suppliers and charge-point operators (CPOs), spoke about a wide range of topics, including Alpitronic’s journey and growth so far, global expansion and plans for India, as well as his perspective on the volatile policy environment. The following are edited excerpts of the conversation. S&P Global Mobility: Please tell us how Alpitronic was founded. How did your expertise in p...
    Insights
    BYD India expects 20% EV penetration by 2030 in the subcontinent’s car market
    BYD India is optimistic about the country's electric vehicle prospects, predicting a 20% penetration in passenger car EVs by 2030. Rajeev Chauhan, head of Electric PV Business at BYD India, has outlined the company's strategic focus on addressing consumer needs beyond awareness at the India EV Conclave. He emphasized that EV buyers seek value propositions, and residual value concerns need attention. This marks a shift from awareness to addressing practical challenges within the Indian EV mark...
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    Gulf Oil plans to increase local content in its EV chargers in India
    Gulf Oil Lubricants India is actively advancing its localization efforts within the electric vehicle charging sector, having already achieved approximately 55% localization and aiming for further progress. The news was disclosed by the company's Managing Director and CEO Ravi Chawla, on the sidelines of the India EV Conclave. During the panel discussion at Autocar Professional's event held at Hyatt Regency in Delhi, Chawla detailed Gulf Oil's comprehensive approach to e-mobility, noting that ...
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    OPmobility’s Q3 FY 2025 economic revenue slips 1% YOY to €2.7 billion
    OPmobility reported a 1% year-over-year decline in economic revenue to €2.7 billion in the third quarter ended Sept. 30, 2025. Revenue on a like-for-like basis, excluding foreign exchange impacts and scope of consolidation, increased 2.6% year over year. Consolidated revenue, which combines economic revenue and revenue from joint ventures, fell 3.8% year over year to €2.4 billion. During the third quarter, the French supplier experienced strong market momentum in North America and Asia, d...
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    Posco Holdings to invest 1.2 trillion won in lithium supply chain expansion
    Posco Holdings has announced its plan to invest 1.2 trillion won (approximately $820 million) in Australia and Argentina to strengthen its global lithium resource supply chains, aiming to improve lithium cost competitiveness and secure stable raw material procurement through aggressive investment strategies. On Nov. 12, Posco Holdings revealed its intention to acquire a 30% stake in Lithium Co. (tentative name), a new intermediate holding company to be established by the Australian mining com...
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    Samvardhana Motherson Group invests $50 million to expand Tlaxcala plant for Audi Q5 production
    Samvardhana Motherson Group has announced plans to invest $50 million to expand its Zitlaltépec plant in Tlaxcala, Mexico, according to a report by MexicoNow published Nov. 7. The planned investment will help the India-based auto components supplier serve its primary customer, Audi, and accommodate the anticipated increase in production of the Audi Q5 model. The expansion project is expected to generate 150 direct jobs and 300 indirect jobs, reinforcing Motherson's role as a major industrial em...
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    Autel partners with Zeekr and Evolt for high-speed EV charging station in Bangkok
    Autel has partnered with Zeekr, a premium electric vehicle brand by Geely, and Evolt, a prominent EV charging company in Thailand, to introduce a high-speed EV charging station named ZEEKR Powers @centralwOrld, located in Bangkok's central business and lifestyle district. This new station is equipped with Autel's advanced MaxiCharger DS480 (air-cooled) technology, capable of delivering a maximum output of 400 kW, allowing the Zeekr 7X model to achieve a full charge in just 15 minutes. The cha...
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    Inteva Products expands in India with new manufacturing facility in Pune
    Automotive interior systems supplier Inteva Products announced plans to expand its operations in India with the establishment of a second manufacturing facility in Pune, Maharashtra, The Hindu Business Line reported Nov. 10. This expansion will include the introduction of next-generation products aimed at the Indian automotive market.  The new Pune facility marks a significant capacity increase for Inteva, allowing for higher production volumes and closer integration with local supply ch...
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    Lumax Industries to invest $15.8 million in new manufacturing plant in Bengaluru, India
    The board of directors of India-based automotive lighting supplier Lumax Industries has approved the establishment of a new manufacturing plant in Bengaluru, Karnataka, CNBC TV 18 reported Nov. 7. The company will invest 1.4 billion rupees (about $15.8 million) in the greenfield facility, which will be funded through internal accruals. The plant will produce lighting systems for Maruti Suzuki and Toyota Motors. It is expected to become operational by the fourth quarter of the fina...
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    Stellantis terminates battery material deal with Alliance Nickel, citing market challenges
    Australia's Alliance Nickel announced that carmaker Stellantis will terminate their supply deal for battery-grade nickel and cobalt from the NiWest project, effective Dec. 3. Alliance Nickel cited missed milestone deadlines as the reason for the termination, attributing the delays to challenging conditions in the global nickel market, which have hindered financing opportunities. The pressure on nickel prices over the past two years has affected Alliance's financial position, forcing the compa...
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    China Automotive Systems announces strategic cooperation agreement with KYB-UMW to expand business in Malaysia
    China Automotive Systems (CAAS), a mainland China-based supplier of power steering components and systems, announced a strategic cooperation memorandum of understanding (MOU) between its subsidiary, Hubei Henglong Automotive Systems Group and KYB-UMW in Malaysia. KYB-UMW, a local supplier of automotive chassis systems in Malaysia, is a joint venture between shock absorber supplier KYB and UMW Holding Bhd., a Malaysian conglomerate involved in automotive, equipment manufacturing and engineerin...
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    Ford gears up to resume manufacturing operations at Chennai plant in India to produce next-generation engines for exports
    Ford Motor has announced plans to resume manufacturing operations at its Chennai plant in India, Autocar Professional reported Oct. 31. The US-based automaker will focus on producing next-generation engines for export markets, with an annual production capacity of 235,000 engines. Operations are expected to begin in 2029 following Ford's memorandum of understanding with the Tamil Nadu state government, building on a previous letter of intent from September 2024. Ford stopped domestic vehicle ...
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    Suzuki Motor Corp. affirms multifuel strategy for carbon neutrality, says 100% BEV portfolio not practical
    Japanese automaker Suzuki Motor Corp. said that it is taking a multifuel strategy in its pursuit of achieving carbon neutrality. President Toshihiro Suzuki said that focusing solely on battery-electric vehicles (BEVs) may not be feasible across all markets, emphasizing the need for diverse carbon-neutral technologies to meet varying regulatory requirements and goals in different countries. Suzuki aims for each vehicle to contribute to the respective market's carbon neutrality objectives, ackn...
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    Lumax Auto Technologies opens technology center in Bengaluru, India
    Lumax Auto Technologies Ltd. (LATL), a tier 1 supplier to Indian automotive manufacturers, launched its new Technology Center in Bengaluru, India, on Oct. 30. Named the Smart Hub for Innovation and Future Trends (SHIFT), this research and development center is designed to enhance electronics engineering and digital capabilities for software-defined vehicles (SDVs). It will focus on R&D in areas such as in-cabin experiences, advanced driver assistance systems, connectivity and embe...
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    Autel Energy unveils liquid-cooled charging system at All Energy Australia 2025
    Autel Energy has unveiled its next-generation liquid-cooled charging system and all-in-one smart energy solutions at All Energy Australia 2025, underscoring its commitment to sustainable development and growth in the Asia-Pacific region. During a series of events, including the largest clean energy exhibition in the Southern Hemisphere, Autel Energy showcased its innovative technologies designed to enhance electric vehicle charging and energy management. The company unveiled its MaxiCharger D...
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    Electric powertrain startup Tsuyo Manufacturing secures $4.5 million in Pre-Series A funding
    New Delhi-based electric powertrain startup Tsuyo Manufacturing Pvt. Ltd. has secured 400 million Indian Rupees ($4.5 million) in a Pre-Series A funding round, according to a report published by Autocar Professional on Oct. 29. Avaana Capital, a venture capital firm specializing in deep-tech innovation, led the funding round. The report mentioned that Tsuyo plans to deploy this capital to set up its second research and development (R&D) center and commission a new greenfield manufacturing...
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    Basic Energy collaborates with ACMobility to launch EV charging stations in the Philippines
    Basic Energy Renewable Corp. (BERC), a subsidiary of Basic Energy Corp. (BEC), has collaborated with ACMobility, an Ayala-led company, to establish and operate electric vehicle charging stations in the Philippines powered by renewable energy. The initial rollout will occur at specific fuel stations in Laguna, Pampanga and Mandaluyong. The targeted locations include Total stations on the South Luzon Expressway in Sta. Rosa, Laguna, the North Luzon Expressway in Apalit, Pampanga, and the Ecooil...
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    Harman to invest nearly $42M to expand automotive electronics manufacturing at Pune facility
    Samsung Electronics Co. Ltd. subsidiary Harman announced a new investment of 3.45 billion Indian rupees ($42 million) to expand its automotive electronics manufacturing facility in Chakan, Pune, India. The plan involves an investment of 450 million rupees ($5.5 million) and an additional 3.0 billion rupees ($36.5 million) over the next three years to enhance advanced telematics and next-generation automotive connectivity programs. This brings Harman's total investment in the Pu...
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    Australia’s AGL partners with Ampeco, deploys over 150 stations in Sydney
    AGL Energy, one of Australia's largest energy companies with 4.6 million customers, has signed a strategic partnership with Ampeco, a leading EV charging management platform provider, to transform urban EV charging accessibility through curbside charging solutions across high-density residential areas. The two companies announced the partnership in a joint statement on Oct. 16. The partnership aims to address a critical barrier to EV adoption in Australia, where approximately 30% of the popul...
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    India-based RISE develops sodium-ion battery that charges in five minutes
    Scientists at the Research Institute for Sustainable Energy (RISE) under TCG-CREST have developed a sodium-ion battery that can charge to 94% capacity in five minutes without using cobalt, nickel, copper or lithium. Led by Abhik Banerjee, the research team includes Sreeroop Ghosh, Sayan Chatterjee and Abhijit Garai. The battery employs pouch-cell technology with energy densities of 180 Wh/kg (gravimetric) and 550 Wh/L (volumetric), providing 10-kW peak power and maintaining 97% capacity over ...
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    NDR Auto forms JV with Japanese supplier Hayashi Telempu to produce automotive interior components in India
    Indian supplier NDR Auto Components Ltd. has established a joint venture with Japan-based Hayashi Telempu to enhance its manufacturing capabilities in automotive components, Autocar Professional reported Oct. 13. The JV, NDR Hayashi Automotive India Private Ltd., was officially incorporated on Oct. 10, with the Registrar of Companies, Central Registration Centre, and has an authorized and subscribed share capital of 2 billion rupees (about $22.5 million). NDR Auto Components acquired a 5...
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    Vulcan Energy to supply Glencore with lithium from Lionheart Project
    Vulcan Energy has reached an agreement to supply Glencore with lithium hydroxide monohydrate from its Lionheart Project in Europe. Under this deal, Vulcan Energy will provide Glencore with between 36,000 metric tons and 44,000 metric tons of the product over an initial eight-year period, which constitutes approximately 20% of Vulcan's projected output for this time frame. This agreement follows previous deals with Stellantis, Umicore and LG Energy Solution and represents the final offtak...
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    Vingroup launches VinMetal joint stock company to enter metallurgy industry
    Vingroup has announced the establishment of VinMetal joint stock company for manufacturing and trading, marking its entrance into the metallurgy industry and expanding its Industrials & Technology pillar. VinMetal will be launched with an initial investment of 10 trillion dong (approximately $380 million) and plans to build a high-tech industrial steel production complex in Vũng Áng, Hà Tĩnh. The first phase is expected to produce about 5 million metric tons per year. The company will...
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    OPmobility establishes new production facility in India
    OPmobility has expanded its manufacturing presence in India with the opening of a new facility in Badhawaldi, Maharashtra. The move is part of the French supplier's strategy to more than double its sales in India by 2030. The Badhawaldi plant is OPmobility's first site in India to integrate both exterior systems and energy storage systems within a single facility. The facility will cater to both domestic and export markets, supplying Indian and international automakers. Furthermore, OPmobilit...
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    Betamek collaborates with Jiangsu Yibang to advance EV charging solutions in ASEAN
    Betamek Bhd., an original design manufacturer and provider of electronics manufacturing services for the automotive industry, has announced a memorandum of understanding (MOU) with Jiangsu Yibang New Energy Technology Co. Ltd., a mainland Chinese company known for its expertise in new-energy vehicle charging protocol conversion technologies. Betamek, through its subsidiary Betamek Research Sdn. Bhd., aims to collaborate with Yibang in areas such as technical research and development, supply...
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    Forvia eyes more than €1 billion in annual revenue from India within the next five years
    Forvia is expanding its presence in the Indian automotive market with goal to generate more than €1 billion in revenue within the next five years, Autocar Professional reported Oct. 2. The French automotive supplier, which is growing at approximately 11% in India, plans to achieve this revenue target through an investment of approximately €218 million, focusing on local manufacturing and advanced technology. Martin Fischer, group CEO of Forvia, has emphasized India's growing importan...
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    JSW MG Motor India installs over 800 EV chargers across India
    JSW MG Motor India, a leading electric vehicle manufacturer in India, has formed a partnership with Confident Group and IONAGE Technologies to enhance EV charging infrastructure in residential complexes nationwide. The automaker has installed over 800 EV chargers across the subcontinent as part of its MG Charge initiative. It aims to deploy 1,000 EV chargers within 1,000 days. This collaboration has led to the installation of EV charging stations in nine Confident Group properties in ...
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    ThunderPlus launches megawatt charging hub in Bengaluru
    India-based electric vehicle charging solutions provider ThunderPlus has inaugurated a megawatt ultrafast-charging hub in Mutthugadahalli, near the Bangalore International Airport. This facility, with a capacity of up to 1 MW, provides various charging options ranging from 7.4-kW AC to 240-kW DC ultrafast chargers. The newly opened megawatt charging hub, which spans across 28,000 square feet, is designed to accommodate over 100 cars and 10 buses simultaneously, serving fleet operators, long-h...
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    Tata Motors partners ThunderPlus to expand EV charging infrastructure across India
    On Sept. 16, Tata Motors and ThunderPlus announced a strategic collaboration in Hyderabad, India, aimed at expanding electric mobility beyond metropolitan areas by addressing charging anxiety in tier 2 and tier 3 cities, and rural locations. This partnership comes alongside the launch of the Tata Ace EV Pro, a compact commercial vehicle using a widely supported 3.3-kW AC charging protocol. The collaboration seeks to align product capabilities with infrastructure to facilitate zero-emissi...
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    Indian government issues new guidelines for public EV charging infrastructure
    The Indian government's Ministry of Heavy Industries has issued operational guidelines for the PM E-Drive scheme, which supports the establishment of electric vehicle public charging infrastructure. The scheme allocates 10 billion rupees (about $1.12 billion), with 20 billion rupees ($225 million) specifically dedicated to subsidizing charging infrastructure, including up to 72,300 new public EV charging stations, battery-swapping stations and battery charging stations. Subsidies primarily...
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    Evie Networks secures A$50 million to expand EV charging across Australia
    Evie Networks has secured an A$50 million senior debt facility from Infradebt to expand its electric vehicle fast-charging infrastructure across Australia. This funding, supported by Australian superannuation funds, represents the first commercial infrastructure debt for public DC fast charging in the country. This move indicates growing investor confidence in EV charging as a mainstream infrastructure category. The facility, structured as a nonrecourse senior debt, marks a shift from ve...
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    Giti Tire to supply GitiWinterW2 tires as original equipment for the new BMW 1 Series in Europe
    Giti Tire will start supplying its GitiWinterW2 tire to the new BMW 1 Series after the tiremaker won its first-ever winter tire original equipment (OE) approval from the German carmaker. The Indonesian tiremaker will supply the tire in the 225/40R19 93H XL size. The GitiWinterW2 tire will carry a specific sidewall mark indicating its approval by the BMW Group, tailored to meet the manufacturer's precise specifications. Developed using Giti Tire's AdvanZtech research and development ...
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    Australian energy company AGL launches vehicle-to-grid initiative
    AGL has announced the launch of a significant residential vehicle-to-grid (V2G) trial to help electric vehicle owners transform their cars into flexible home energy storage assets. The trial focuses on models from Hyundai, Kia, BYD and Zeekr, ensuring participants' vehicle battery warranties remain unaffected. With 300,000 EVs on the road, the trial aims to demonstrate the potential of using EVs as energy sources that can reduce home energy costs and bolster the energy grid as more renewable ...
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    Anson Resources signs lithium supply deal with LG Energy Solution
    Anson Resources, an Australian mining company, has signed an offtake agreement with South Korea's LG Energy Solution for the supply of battery-grade lithium carbonate. Under the terms of the deal, LG Energy Solution will purchase up to 4,000 dry metric tons of lithium carbonate annually from Anson's project located in the Paradox Basin in southern Utah, US, with shipments starting in 2028. The contract includes an initial term of five years with the possibility of a five-year extension. This ...
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    Charge+ and Xpeng partner to expand EV charging infrastructure across Southeast Asia
    Charge+, a prominent electric vehicle charging service provider in Southeast Asia, and Xpeng Motors, Chinese electric-car maker, have formed a strategic partnership to develop a network of high-powered supercharging hubs across Southeast Asia. This initiative aims to facilitate long-distance driving for EVs by establishing at least 20 supercharging sites with power ratings up to 480-kW DC, capable of charging from 10% to 80% in about 12 minutes using Xpeng's technology. The initial phase i...
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    Exicom partners with Charger on Wheels to enhance mobile EV charging solutions in India
    Exicom Tele-Systems Ltd., an Indian manufacturer specializing in electric vehicle charging and critical power solutions, has partnered with Charger on Wheels, a mobile EV charging startup. This collaboration aims to test and scale mobile charging solutions, addressing grid readiness challenges in urban markets. Charger on Wheels operates a fleet of mobile charging units that provide DC fast-charging services at locations chosen by customers. Anant Nahata, managing director and CEO of Exicom, ...
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    Australia allocates A$40 million to expand public kerbside, fast EV charging infrastructure
    The Australian government is allocating A$40 million to support the installation of nationwide public kerbside and fast electric vehicle charging points as part of its Net Zero Plan. This initiative is aimed at encouraging Australians to transition to EVs, thereby reducing transportation costs and emissions in the sector. Significant investments have been made by the Commonwealth, state and territory governments in public charging infrastructure, particularly in the past four years. The gover...
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    ACMobility partners Shell to expand EV charging network in Philippines
    ACMobility, the mobility solutions group under Ayala, has partnered with Shell Pilipinas Corp. to expand electric vehicle charging infrastructure across Shell service stations nationwide in the Philippines. This collaboration aligns with ACMobility's aim to deploy over 2,500 charging points, enhancing the Philippine EV Spine, the country's first nationwide EV charging network. The partnership leverages Shell's extensive network to support seamless long-distance EV travel across Luzon, Visa...
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    LBM Energi invests 1.5 trillion rupiah in Batang SEZ for EV supply chain expansion
    PT LBM Energy Baru Indonesia Batang, affiliated with the global battery entity Lopal Tech Co., has initiated a substantial investment of 1.5 trillion rupiah (approximately $91 million) in Indonesia's Industropolis Batang Special Economic Zone (SEZ) to set up a lithium iron phosphate (LFP) battery material plant, which will fortify the country's electric vehicle supply chain. This investment encompasses 31.72 hectares of industrial land and represents a pivotal advance for Indonesia in the rea...
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