On May 14, Toronto, Canada-based Li-Cycle Holdings Corp., a lithium-ion battery recycling company, has entered creditor protection under Canada’s Companies’ Creditors Arrangement Act (CCAA) and Chapter 15 in the U.S. to facilitate a financial restructuring.
Key developments include:
•    Court Protection: The Ontario

Eaton has launched the EV Truetrac differential engineered to address the challenges presented by EV propulsion systems, including shared low-viscosity oil environments, increased sensitivity to noise and the demand for high and instant torque delivery.
The new differential is an EV-specific variant of the Detroit Tr

On May 15, Scania announced that it is working with Combient Foundry, a platform that connects top Nordic companies with startups to develop new technologies together. So far, Scania has started about 25 pilot projects with startups, and many have led to new tools and methods now used in the company.
Here are the thr

On May 15, the European Association of Automotive Suppliers (CLEPA) advised that the EU's fast-paced green transition will fail unless policymakers adjust their approach. Automotive suppliers, caught between political goals and market realities, are struggling with bankruptcies, site closures, and falling investments

On May 15, the FIOM-CGIL, FIM-CISL, and FISMIC unions announced that Stellantis has decided to shift all Maserati production (GranTurismo and GranCabrio) from the Mirafiori plant in Turin to Modena, Italy. This highlights the serious challenges facing the brand. Current production volumes at both plants are too low t

On May 15, multiple sources reported that Iveco Group will move forward with plans to sell or spin off its Defense division, after reporting weak results for the first quarter. Operating profit for its industrial business dropped 42% to EUR 117 million, mainly due to lower truck demand in Europe.
The FIOM-CGIL union

On May 16, BMW announced that it is increasing digitalization at its Landshut plant. Advanced technologies such as AI, smart logistics, and data-driven quality checks make it a key innovation hub.
AI-supported data analysis helps detect cyber threats early, while digital process controls and connected systems improve

On May 16, Renault announced that it will unveil the Renault 4 Savane 4x4 concept car alongside the Renault 5 Turbo 3E and Renault 5 E-Tech electric Roland-Garros edition at the Roland Garros French Open tennis tournament from May 19 to June 8, 2025.
Compared to the standard Renault 4 E-Tech electric, the Savane 4x4

On May 15, Infineon Technologies AG announced that the Science Based Targets initiative (SBTi) has approved the company's ambitious greenhouse gas emission reduction targets. The approval spans the company's own emissions (scope 1 and 2) as well as emissions along the supply chain (scope 3). 
The scope 1 and 2 goals

On May 16, WeRide launched fully driverless Robotaxi trial operations in Abu Dhabi, the first deployment of its kind in the Middle East. Starting this quarter, a fleet of WeRide’s Robotaxis will be piloted on public roads without a safety driver. 
Commercial driverless rides and additional service areas will be intro

On May 15, Minsk Automobile Plant (MAZ) announced that the Zimbabwean President met with the President of Belarus and discussed implementation of the bus assembly project in Zimbabwe.
On April 16, 2025, during the visit of the Belarusian delegation to Zimbabwe, an agreement was signed for the production, assembly, an

On May 16, ECARX Holdings Inc. announced the debut of its EXP01 processor built on the RISC-V architecture at the RISC-V Summit Europe 2025, which was held from May 12-15, 2025, in Paris. ECARX showcased EXP01, its first processor design built on the 32-bit RISC-V ISA. EXP01 uses a dual-core safety architecture in wh

On May 14, the European Commission announced that it is investing over EUR 7.3 billion through its newly adopted Horizon Europe work program for 2025 to strengthen Europe's research and innovation engine and global edge.
For automotive research and innovation, the 2025 work program aims to support the transformation

On May 15, Syensqo signed new multi-year contracts for the supply of its battery-grade Solef Polyvinylidene Fluoride (PVDF) with automotive original equipment manufacturers and battery makers. Signed in Q1 2025 and worth over EUR 150 million in net sales, the long-term contracts reflect Syensqo's focus on innovation,

On May 15, LG Electronics (LG) showcased its cutting-edge Internet of Things - Non-Terrestrial Networks (IoT-NTN) technology at the 5G Automotive Association (5GAA) conference in Paris, France, from May 12 to 15. The highlight of the event was a live demonstration conducted throughout Paris, featuring a vehicle equip

On May 15, Industrial Development Fund (IDF) announced that Ural automobile plant launched two production sites to produce components for truck drive axles in Miass, Chelyabinsk Region. It will produce brake drums, hubs, cups and journals. Ural is also working on creating its own import-substituting production of dri

On May 15, UL Solutions Inc. opened its Europe Advanced Battery Testing Laboratory in Aachen, Germany, which will test batteries used in electric vehicles (EVs) and large-scale energy storage systems. The facility was purpose-built from the ground up to evaluate EV and industrial battery products during the research

On May 15, Ulyanovsk Automobile Plant (UAZ) started construction of a new pressing line. The line will stamp body parts for the UAZ model range, as well as Sollers vehicles, including pickups and a future SUV. The total investment in the project is RUB 1.1 billion, of which RUB 0.8 billion will be raised as a loan fr

On May 16, Hyundai India announced that it is planning to launch 26 new models by FY 2030 (ending March 31, 2030), including 20 ICE models and 6 EVs. More details will be shared at HMI Investor Day 2025. It will also introduce new eco-friendly powertrains like hybrids. 
To support this, Hyundai is expanding capacity

On May 15, Daimler India Commercial Vehicles (DICV) announced that it has achieved its highest-ever annual bus sales of around 2,200 units in 2024, representing a 10.5% YoY growth driven by replacement demand and the expansion of transportation solutions. DICV bus exports also increased by 65.9% to about 1,000 units,