Tesla to invest $2bn in xAI
Tesla has agreed to invest about $2 billion in xAI as part of a $20 billion financing round and has entered a framework agreement to evaluate AI collaborations, with the investment being subject to customary regulatory conditions.
National Reconstruction Fund invests in Australian EV maker
The National Reconstruction Fund has invested A$30.7m in Applied Electric Vehicles, which has accelerated production of its Blanc Robot autonomous chassis, expanded manufacturing capacity and has supported the company’s Series B round and planned recruitment.
Gigabit IQ opens £270,000 crowdfunding round
Gigabit IQ has opened a £270,000 crowdfunding round at a £5 million pre‑money valuation, offering 5.12% equity, and has secured £243,650 from 40 investors; it has reported an addressable reach of 1.5 million homes via wholesale partners.
LS Cable expands Mexican plant with $156m investment
LS Cable and System will invest $156 million to expand production at its Querétaro, Mexico plant, adding automotive cable lines and busduct capacity to support North American supply chains.
L-Charge raises $10m to expand off-grid EV charging
L-Charge raised $10 million to scale national off-grid EV charger installations, broaden product and service offerings, and expand sales, operations and support to serve commercial fleets and ride-hail segments.
Tata Motors CV unit acquires 26% stake in Chennai EV firm
Tata Motors’ CV subsidiary acquired a 26% stake in Traveltime E-Mobility Chennai for about ₹351,350, aligning the group with Chennai electric-bus operations; closing expected by 31 January 2026.
Tailan raises US$57m to scale solid-state production
Tailan New Energy raised US$57m in a B+ round to fund its first mass-production line, expand automotive solid-state battery R&D, and recruit technical staff; Changan is a strategic investor.
CiDi expands autonomous commercial deployments; Hong Kong IPO
CiDi is scaling autonomous vehicle deployments in closed environments, delivered 414 trucks with 647 indicative orders, pursuing international expansion and commenced Hong Kong IPO on 11 December 2025.
FAW to invest US$530m in Leapmotor
FAW will acquire 5% of Leapmotor for ¥3.74bn (US$530m), becoming a strategic shareholder; the partnership will fund R&D, sales expansion and joint PHEV/EREV development.
Deepal Auto raises ¥6.122bn in Series C funding
Deepal Auto secured ¥6.122bn from Changan, Chongqing Yufu and CMB to finance electric and intelligent-vehicle R&D and to support second-generation models planned for 2026.
VisIC secures $26m Series B; Hyundai and Kia invest
VisIC raised $26m in a Series B led by an unnamed semiconductor firm, with Hyundai and Kia participating to support development of GaN power semiconductors for EV and data-centre use.
Blinq Mobility raises ₹4.3 crore for battery-swap EVs
Startup Blinq Mobility secured ₹4.3 crore pre-seed to develop a battery‑swappable four‑wheeler platform, fund prototypes, infrastructure pilots and certification, and expand technical and operations teams.
Nirvana raises $100m Series D to expand AI insurance
Nirvana secured $100m Series D at a $1.5bn valuation to scale an AI and telematics-based commercial vehicle insurance platform, accelerating underwriting, pricing and claims automation for fleets.
Elecbits raises US$5.5m to expand hardware platform
Elecbits raised US$5.5m in Series A to scale its AI-driven XOR platform and in-house manufacturing, aiming to streamline electronics design-to-production and support domestic and export manufacturing growth.
China issues trade‑in financing guidance for automakers
Chinese authorities issued trade‑in financing guidance enabling reduced penalties for early loan repayment; automakers and lenders are directed to enhance credit access, compliance and co‑ordination to support vehicle upgrades.
QuantumDiamonds announces €152m Munich production hub
QuantumDiamonds will invest €152m in a Munich production hub to scale quantum-based semiconductor inspection systems, supporting European supply-chain capacity and anticipated public backing under the European Chips Act.
EU approves €623m for German semiconductor plants
European Commission approved €623m in state support for GlobalFoundries and X‑FAB in Germany to expand wafer and MEMS manufacturing, aiming to diversify supply chains and bolster regional chip capacity.
VisIC raises $26m Series B with Hyundai and Kia
VisIC closed a $26m Series B led by a semiconductor investor, with Hyundai and Kia as strategic partners to scale GaN power modules for automotive and data centre applications.
Vingroup to invest $3bn in Telangana multi-sector ecosystem
Vingroup will commit up to $3bn to develop a multi‑sector ecosystem in Telangana, covering electric mobility, smart urban development, renewable energy, healthcare, education and tourism.
ABB opens Traction Centre of Excellence in Maryborough
Queensland government-funded A$9 million facility in Maryborough will manufacture traction converters, motors and battery services to support rail programmes, strengthen supply chains and create skilled local jobs.
IFC to invest US$50m in GFCL EV battery materials plant
IFC will invest about US$50m in GFCL EV to develop India’s first integrated battery‑materials facility in Gujarat, supporting domestic supply chains, manufacturing capacity and job creation.
Vulcan Energy secures €1bn for German lithium plant
Vulcan Energy secured a €100m export loan within a c.€1bn debt package to finance the Lionheart project, aimed at domestic lithium hydroxide production and renewable heat and power generation.
EIB provides €500m loan to Traton for truck R&D
EIB agreed a €500m loan to Traton to fund R&D and rollout of fuel-efficient commercial vehicles, support modular truck platforms, and align with EU decarbonisation and competitiveness objectives.
FAW to invest in Stellantis-backed Leapmotor
China FAW is finalising a c.5% equity investment in Stellantis-backed Leapmotor; founder retains control. Leapmotor reported 97.3% year-on-year Q3 2025 revenue growth and technical cooperation continues.
Neuron Energy raises ₹31 crore to expand EV battery capacity
Neuron Energy secured ₹31 crore in Pre‑Series B to scale manufacturing to 3GWh annually, build a Chakan (Pune) facility, and fund R&D and expansion into heavier EV segments.
Changan establishes robotics subsidiary with US$32m investment
Changan will invest US$31.8m to co-found a robotics subsidiary focused on humanoid technologies, leveraging existing manufacturing scale to expand into intelligent mobility and robotics markets.
3ev raises ₹120 crore Series A led by Mahanagar Gas
3ev Industries raised ₹120 crore Series A led by Mahanagar Gas to expand manufacturing, launch charging and services division, and invest in supply-chain and R&D.
AEIM to invest ₹10,000 crore in Raipur semiconductor plant
AEIM will invest ₹10,000 crore by 2030 in a semiconductor materials plant near Raipur, with phase one due May 2026, commercial production targeted Q3 2026 and over 4,000 direct jobs expected.
Nano One receives C$5m NRCan grant for LFP expansion
Natural Resources Canada provides C$5 million non-repayable funding to Nano One to scale One‑Pot LFP production, raising Candiac capacity from 200 to at least 800 tonnes per year.
Nokia to invest $4bn in US AI-ready networks
Nokia will invest $4bn in the United States, allocating about $3.5bn to R&D and $500m to manufacturing and CHIPS-related facilities, targeting AI-ready network technologies.
Maruti Suzuki invests in connected mobility start-up
Maruti Suzuki invested nearly INR 2 crore for an over 7.84% stake in Ravity Software Solutions via its Innovation Fund, acquiring connected mobility analytics capabilities; the fund's third strategic investment.
GreenPower secures $18m facility to accelerate bus production
GreenPower obtained an $18m financing facility, deployable in $2m tranches, to accelerate production of Class 4 and Class 8 electric school buses and reduce order backlog.
Toyota invests $912m to expand US hybrid production
Toyota will invest $912m and add 252 jobs across five US plants to expand hybrid capacity, introduce US-built hybrid Corolla models and increase component production from 2027.
Toyota to invest $912m in US plants to expand hybrids
Toyota will invest $912 million across five US plants in Southern states to increase hybrid-vehicle production, creating 252 jobs and supporting engine and Corolla hybrid assembly through 2027.
Hero MotoCorp approves ₹170 crore for GPC 2.0 in Tirupati
Hero MotoCorp approved up to ₹170 crore for a Global Parts Centre 2.0 in Tirupati to strengthen supply-chain capacity, support growth and commence operations in fiscal 2027-28.
Force Motors allocates ₹2,000 crore for global expansion
Force Motors will invest about ₹2,000 crore over three years in digitisation, manufacturing modernisation, sales infrastructure and EV products to expand defence and export market presence.
MSIM arm leads US$60m Series E in Corvus Energy
Corvus Energy, a Bergen-based maritime energy storage supplier, raised US$60m in a Series E led by MSIM's 1GT arm, with participation from Just Climate and J. Lauritzen.
EV Realty expands truck-charging portfolio
EV Realty received a minority investment from Outpost and purchased a four-acre Stockton site, planning a high-power grid-connected charging hub for medium and heavy commercial trucks near major freight routes.
Toyota opens US battery plant, confirms $10bn investment
Toyota has begun production at a $13.9 billion North Carolina battery plant and said it will increase US investment by up to $10 billion over the next five years.
Grab invests US$60m in Vay to expand remote driving
Grab will invest US$60m in Vay, with a conditional US$350m option, to deploy remote-driving EV services across the US and Southeast Asia; closing scheduled for Q4 2025.
EU €108bn plan for low-carbon transport fuels
The European Commission launched the Sustainable Transport Investment Plan to mobilise up to €108bn to scale renewable and low-carbon aviation and maritime fuels and attract public and private investment.
Metropolis Raises $1.6bn for Retail Sector Expansion
Metropolis, the leading US parking operator using AI payment technology, secured $1.6 billion to expand into retail, hospitality, and office sectors, enhancing transaction and data capabilities.
Volkswagen Invests $200M in Indigenous Chip Design in China
Volkswagen commits $200 million to develop proprietary system-on-chip technology through CARIAD and Horizon Robotics, aiming for local production within 3–5 years to enhance competitiveness in China's EV market.
EU Unveils Sustainable Transport Investment Plan for Fuels
The European Commission launched the Sustainable Transport Investment Plan to enhance renewable and low-carbon fuel investments in aviation and maritime sectors, targeting €100 billion by 2035.
