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Tata Motors takes over Iveco Group for €3.8 billion

Tata Motors and Iveco Group have announced an agreement that will lead to the creation of a global commercial vehicle manufacturer, with transaction to be concluded by Q2 2026. The transaction, valued at approximately EUR 3.8 billion, involves a voluntary tender offer by Tata Motors for all common s...

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Gotion to build battery plants in Slovakia and Morocco

Chinese battery manufacturer (and Ebusco’s shareholder) Gotion has released plans to build two battery factories in Slovakia and Morocco. The group is backed by Volkswagen. Investment? $2.6 billion, 1.2 will be headed to the Slovakian plant, where annual capacity should be up to 20 GWh, accord...
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