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Welcome to the 37th edition of our newsletter on developments in the automotive industry published by Morgan Lewis’s automotive and 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 third quarter of 2023, touches on numerous joint ventures and acquisitions, recent antitrust litigation, notable regulatory developments, and significant intellectual property (IP) matters in the automotive industry. All issues of Morgan Lewis AUTOMOTIVE & MOBILITY are available at www.morganlewis.com.
Mergers and Acquisitions: VW to Acquire 4.99% Stake in XPeng; BorgWarner Spins Off Fuel Systems and Aftermarket Segments into PHINIA; Samvardhana Motherson to Acquire Dr. Schneider Group from Insolvency; Foxconn Acquires 50% Stake in ZF Chassis Modules; Seven Car Manufacturers to Form EV Charging JV; Toyota and Pony.ai to Form Robotaxi JV; ElectraMeccanica and Tevva to Merge; Aequita to Buy TMD Friction from Nisshinbo; ABC Technologies to Acquire Plastikon Automotive; XPeng to Buy Xiaoju Smart Auto from DiDi; JOST to Acquire Crenlo do Brasil; Accelera, Daimler Truck, and PACCAR to Establish Battery JV; Modine to Sell Germany Businesses; Hörmann to Sell Its Automotive Business to ncdh Group; BYD to Purchase Jabil's Mobile Electronics Manufacturing Business
Antitrust: Truck Manufacturers to Settle Cartel Damages Suits
Regulatory: EU to Conduct Anti-Subsidy Investigation into Chinese EVs; New EU Battery Regulation to Introduce “EV Batteries” Category; New Draft EU Rules for E-fuels and Biofuels; German Government Presents Its Key Points on a New Mobility Data Act – Access to Mobility Data and Data Protection; Guidelines for the Construction of the National Internet of Vehicles Industry Standard System (Intelligent Connected Vehicles) (2023 Edition)
Intellectual Property: Q2 Patent Filings Show EV Battery Innovation on Top; Avanci Vehicle 4G and 5G Patent Pools Count Participation from Leading IP Licensors