Deal News

Mahle sells thermostat business

Mahle said it would sell its thermostat business to industrial and investment holding company Admetos. The two parties finalised a…

Signal: Ashok Leyland to acquire Ohm Global Mobility

Ashok Leyland, the Indian flagship of the Hinduja Group, has announced that its Board has approved the acquisition of 100%…

ElectraMeccanica and Tevva merging

ElectraMeccanica and Tevva are to merge and build commercial electric trucks.  Tevva factory in Tilbury, UK, and ElectraMeccanica's facility in…

Hyundai closer to second India plant

Hyundai Motor India has signed an asset purchase agreement to buy and use assets from General Motors India's Talegaon Plant…

Signal: Temasek invests $145m in Mahindra

The deal Mahindra and Mahindra has raised $145 million from Temasek for its electric vehicle unit. Temasek Holdings Pvt Ltd…

Deal focus: Volkswagen takes 5% stake in Xpeng

Each week, Just Auto’s editors select a deal that illustrates the themes driving change in our sector. The deal may…

Deal focus: Audi to work more closely on an EV platform from SAIC

Each week, Just Auto’s editors select a deal that illustrates the themes driving change in our sector. The deal may…

Hon Hai forming JV with ZF unit

Hon Hai Technology (aka Foxconn) has agreed to acquire a 50% stake in ZF Chassis Modules which specialises in passenger…

Group14 Technologies acquires Schmid Silicon

US battery startup Group14 Technologies has acquired Schmid Silicon from Schmid Group. This move will enable the production of battery…

FFI buying Phoenix hydrogen hub

Fortescue Future Industries (FFI) said it would buy Nikola’s Phoenix Hydrogen Hub (PHH) project. The buyer will provide capital and…