Autoneum Holding Ltd. (Autoneum) has signed an agreement to acquire all shares of Chengdu FAW-Sihuan Interior Parts Co., Ltd., a Chinese automotive supplier of acoustic and thermal management components, for around CHF 16 million. The transaction is expected to close in July 2025.
Established in 2011, Chengdu FAW-Sih

On May 19, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) announced an update on Rosa microbus, which meets the 2025 heavy duty vehicle fuel efficiency standards in Japan. Dealership will start receiving the updated model starting from May.
Updated Rosa will be available in short body, long body, and super long bo

On May 13, SAIC-GM-Wuling (SGMW) signed a strategic cooperation agreement with Anhui Zhongding NVH Co., Ltd. (Zhongding NVH) in Liuzhou.
The two companies will launch in-depth cooperation in key areas such as New Energy Vehicle (NEV) chassis and shock absorption systems, and build new production lines at a pan-alumin

According to information on the China (Shanghai) Pilot Free Trade Zone (SHFTZ) website dated May 12, Xiaomi EV recently signed a property lease agreement with Xin Development Company, a Waigaoqiao Group subsidiary, to establish a flagship center in the third phase of the Xin Park complex, neighboring prestigious auto

On May 9, Toyota China announced the establishment of Hunan Yunchu Siweipu New Energy Technology Co., Ltd. (Yunchu Siweipu) with two China Minmetals Corporation (Minmetals) subsidiaries and Meiwa (Shanghai) Corporation (Meiwa). The registered capital totals CNY 100 million.
Information from the National Enterprise Cr

Announced on May 13, 2025, Daihatsu recorded retail sales of 46,718 units in Indonesia during the first 4 months of 2025 (down 24.1% YoY), securing a 17.5% share of the national automotive market.
Daihatsu’s sales were driven by the Sigra LCGC MPV, which achieved 14,809 units and contributed 32%, followed by the Gran

On May 15, 2025, Neta Auto Malaysia addressed false rumors circulating online about the bankruptcy of its parent company, Hozon Auto. The company clarified that the issue stems from a debt dispute involving a creditor, YuXing Advertising, which filed a bankruptcy application, a standard legal procedure in such cases.

Ningbo Joyson Electronic Corp. (Joyson Electronic) announced that it will provide advanced intelligent assisted driving domain controllers for several models of a well-known Chinese independent automaker.
To date, Joyson Electronic has developed Level 1 to Level 4 assisted driving solutions based on different chip pl

Huizhou Desay SV Automotive Co., Ltd. (Desay SV) announced that Great Wall Motor’s new WEY 80 MPV features its IPU04 domain controller.
The new WEY 80 is equipped with the Coffee Pilot Ultra combined assisted driving system, which, with the IPU04 domain controller as the core, integrates 27 high-precision sensors and

Ningbo Tuopu Group Co., Ltd. (Tuopu Group) completed the delivery of and corporate registration information amendments to its acquisition of 100% equity in Wuhu Changpeng Auto Parts Co., Ltd. (Changpeng Auto).
The acquisition, at a total transaction value of CNY 330 million, is expected to increase Tuopu Group’s futu

Announced on May 13, 2025, Charge+ and EV Edaran have launched the largest EV charging hub in Ayer Keroh, Malaysia, located at Amverton Heritage Resort. 
This hub, located 3 minutes off the North-South Highway in Malaysia, featuring 4 DC fast chargers and 2 AC chargers, is a key part of Charge+’s 5,000-km Cross-Borde

On May 15, 2025, CHERY Automobile held “The Next Era Mobility: TECH DAY by CHERY and OMODA & JAECOO” in Bangkok, showcasing advancements in new energy vehicle (NEV) technology to support Thailand’s electric mobility growth.
One of the highlights was the launch of next-generation hybrid powertrain technologies, includ

Announced on May 16, 2025, CHERY Automobile has partnered with SET-listed King Gen PCL (KGEN) to jointly develop a Thai-branded electric vehicle (EV). The collaboration is supported by a technology transfer policy from the Ministry of Higher Education, Science, Research and Innovation (MHESI) and the National Science

On May 15, 2025, CHERY and OMODA & JAECOO announced progress on the construction of their new manufacturing facility in Thailand. Located in Nikhom Phatthana District, Rayong, the plant represents a THB 5 billion investment and covers an area of 104 rai. 
Operations are scheduled to start in Q3/2025, with a targeted