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Welcome to the 36th 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 second quarter of 2023, touches on significant joint ventures and acquisitions, notable antitrust and regulatory developments, and key intellectual property matters in the automotive industry. All issues of Morgan Lewis AUTOMOTIVE & MOBILITY are available at www.morganlewis.com.
IN THIS ISSUE
- Mergers and Acquisitions: LG Energy Solutions and Hyundai to Form Battery JV; Toyota Sells Russian Assets to NAMI; Volkswagen Sells Russian Assets to Art-Finance; Michelin Sells Russian Assets to Power International Tires; Continental Sells Russian Assets to S8 Capital; Punch Group to Acquire Vitesco Technologies Italy; Punch Group to Acquire ZF Bouthéon; Cummins to Acquire Two Manufacturing Plants from Faurecia; Enginius to Acquire Operative Assets of Clean Logistics; Toyota's Hino Motors and Daimler Truck's Mitsubishi Fuso to Merge; Geely to Increase Shareholding in Aston Martin; Star Semiconductor to Partner with Deep Blue Automotive
- Antitrust: EU's Rollout of EV Charging Under Watch for Competition Concerns; Truckmaker Settles Truck-Cartel Damages Suit in UK; Spanish Court Compels Truck Cartelists to Compensate Victims; CMA to Publish Guidance on Post-Brexit Motor Vehicle Block Exemption Order; Application of Motor Vehicle Block Exemption Regulation Prolonged
- Regulatory: EU to Issue New CO2 Rules for New Cars; EU Euro 7 Emission Rules Have Impact on UK; European Parliament to Clear AI Act for Trialogue; Final Proposal for EU in-vehicle data regulation to be Expected by Fall; Chinese Ministry of Industry and Information Technology to Publish Draft of Vehicle Security Standards; Hangzhou Municipal Government to Issue Rules for Intelligent Connected Vehicles; Beijing to Issue Rules for Autonomous Vehicle Testing
- Intellectual Property: Prolific Patent Filers on EVs and Autonomous Vehicles Subject to Large Patent Maintenance Costs; Large Jury Verdict against Ford Motors Thrown Out