Intel subsidiary to divest $1.5bn worth stake in Mobileye Global
Upon the completion of the offering, Intel will own all the outstanding Class B common stock of Mobileye…
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Tata Group signs MoU to set up $1.6bn gigafactory in Gujarat, India
05 Jun 23To be located in Sanand, northern Gujarat, the EV battery facility to be developed by Tata Group’s subsidiary…
Automobile firm VinFast to go public with Black Spade in $27bn deal
15 May 23Upon the completion of the deal, VinFast will have an equity value of more than $23bn
Qualcomm to acquire Israel-based fabless semiconductor firm Autotalks
09 May 23Through the acquisition of Autotalks, Qualcomm Technologies is expected to expand its Snapdragon Digital Chassis product portfolio by…
GM, Samsung SDI to invest $3bn for EV battery cells manufacturing plant
26 Apr 23The proposed EV battery cell manufacturing plant, which will be jointly operated by GM and Samsung SDI, is…
Volkswagen to invest €4.8bn in PowerCo’s gigafactory in Canada
24 Apr 23The EV battery manufacturing factory in St. Thomas is expected to break ground next year with a target…
Volkswagen to invest €1bn in Chinese EV R&D centre 100%TechCo
19 Apr 23Expected to be launched in 2024 in Hefei, the new EV R&D centre is expected to shorten the…
Capgemini to develop Japetus mission centre for Prométhée
13 Apr 23The French IT company is expected to develop the mission centre in an optimised cloud environment and integrate…
Hyundai Motor to invest $18bn in South Korean EV industry by 2030
12 Apr 23Through the investment, the South Korean automotive manufacturer aims to increase the annual production of EVs in South…
Uber to sell $400m worth stake in Careem super app to UAE’s e&
11 Apr 23With operations in more than 80 cities across nine countries, the Careem super app runs a digitally native…