20 August 2026
20 August 2026
The latest industrial action will bring the automaker’s production loss to 62,000 vehicles since July.
Combines a communications module and up to twelve antennas into a single unit for lower weight and cost.
The new capital will support development of Also's autonomous vehicle platform.
The agreement marks a shift for the two companies from a supply-demand relationship to “collaborative ecosystem” building across the industry chain.
The approval follows an announcement made in April that Seres would become an equal shareholder in Ionchi, joining BMW and Mercedes-Benz, with each of the three companies holding a 33.3% stake in the joint venture.
The reduced stake now matches the 25% equity holding of Toyota Motor, completing the ownership structure envisaged following the business integration of Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors.
Distribution agreement signed with David Pieris Holdings.
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