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Welcome to the 24th edition of our newsletter on developments in the automotive industry published by Morgan Lewis’s automotive & mobility team with contributions from lawyers in our offices around the globe. We counsel our automotive clients on a broad range of industry-specific issues, including matters relating to mergers and acquisitions, antitrust, litigation, regulatory concerns intellectual property, and labor and employment.
This issue of Morgan Lewis AUTOMOTIVE & MOBILITY, which covers the second quarter of 2020, touches on significant acquisitions and investments, new and revised antitrust conditions and regulatory measures, as well as the impact of the coronavirus (COVID-19) in the automotive industry.
IN THIS ISSUE
- Mergers & Acquisitions: Renault to Sell Stake in Joint Venture with Dongfeng; Electric Car Startup NIO Secures USD 1 Billion Investment; Liberty Global to Build Electric Car–Charging Network in the United Kingdom; Aequita to Acquire Willi Elbe; Weber Automotive to Be Reacquired by Weber Family; Cooper Standard to Divest European and Indian Operations to Mutares; Bridgestone to Acquire REIFF; Callista to Acquire ETM; SAIC Motor, Hyundai Motor to Invest in ampUp; Volvo and Daimler Truck to Form JV; Belron to Acquire ATU; VW to Invest EUR 2 Billion in Electromobility in China; Evergrande Health to Acquire Full Ownership of NEVS
- Antitrust: German VDA to Develop Framework Conditions as Response to COVID-19; The SAMR Lifted Restrictive Conditions on the Establishment of Corun PEVE
- Regulatory: European Commission to Publish White Paper on Foreign Subsidies; China to Extend the NEV Vehicle Purchase Tax Exemption for One Year; China to Extend the Subsidy Period for NEVs Due to COVID-19
- Intellectual Property: China Led in International Patent Filings in 2019; Fiat Chrysler Enforces Jeep Vehicles’ Trade Dress Against Roxor; Patent Litigation in the United States is on the Rise in 2020