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Friday 24 January 2025
Price war looms large for Chinese new energy vehicle vendors despite reclaiming market share
In the past two years, China's independent car brands have gained dominance in the Chinese automobile market, thanks to the rapidly rising popularity of new energy vehicles. Chinese...
Friday 24 January 2025
Nissan to cut 9,000 jobs globally as restructuring efforts accelerate amid Honda merger talks
Nissan Motor plans to cut approximately 9,000 jobs worldwide as part of a major restructuring effort, according to reports from Kyodo and Nikkei Asia. More than...
Friday 24 January 2025
European automakers face carbon penalty storm, pressuring EU to reconsider regulations
The European Union (EU) has raised carbon emission standards to 93.6g/km starting in 2025, leading to penalties that could reach EUR15 billion (US$15.6 billion), according to the...
Friday 24 January 2025
Trump's new policies accelerate changes as major automakers buckle up
Upon taking office, US President Donald Trump swiftly targeted immigration, electric vehicles (EVs), and energy with his first executive orders. He is considering imposing a 25% tariff...
Friday 24 January 2025
EV showdown: Can China outpace the US in the electric vehicle race?
On his first day back in the White House, President Donald Trump issued a series of orders, notably revoking electric vehicle (EV) subsidies and vowing to revive the glory of the...
Friday 24 January 2025
European carmakers face multiple challenges in EV transition
Conventional automakers in Europe have faced multiple challenges as they transition to EV production. In addition to declining car sales in Europe, they must confront tough competition...
Friday 24 January 2025
Foreign automakers accelerate plant closures in China
China's domestic automakers are rapidly expanding their local market presence, creating an existential threat to foreign brands and their joint ventures. Several international manufacturers...
Friday 24 January 2025
BYD expands Southeast Asian presence through Grab partnership
BYD has formed a strategic partnership with Grab, Southeast Asia's leading ride-hailing platform, to offer discounted rates on up to 50,000 EVs for fleets and drivers. The collaboration...
Friday 24 January 2025
Tata to strengthen India's EV market position through battery manufacturing
Tata Motors, India's leading electric car manufacturer, is leveraging locally produced EV batteries to maintain its competitive edge amid rising competition from new launches.
Thursday 23 January 2025
Taiwanese export suppliers hesitant to react to Trump's trade policies, MOEA survey finds
Taiwan's Ministry of Economic Affairs (MOEA) has indicated that US President Donald Trump's most significant tariff policies are still pending announcement. A recent MOEA survey on...
Thursday 23 January 2025
Chinese PHEVs surge in global markets, leaving Tesla and legacy automakers in a tight spot
Chinese automobiles have consecutively secured the title of the world's largest automobile exporter in 2023 and 2024. Despite being impacted by the trade war surrounding battery electric...
Thursday 23 January 2025
Pegatron chair sees pragmatic approach in Trump's initial EOs
Pegatron chairman T.H. Tung has expressed optimism regarding President Donald Trump's series of executive orders issued on the first day of his second term, ranging from immigration...
Thursday 23 January 2025
Xiaomi and BYD challenge Tesla's dominance in China
Xiaomi recently announced that the Xiaomi SU7 had surpassed the Tesla Model 3 in terms of vehicle deliveries in December 2024, thereby achieving a position among the top 5 in China's...
Thursday 23 January 2025
EU, US automakers pivot from EV-only plans as demand cools
Amid cooling electric vehicle demand throughout 2024, European and American automakers are revising their strategies for 2025, moving away from an all-EV approach toward flexible...
Wednesday 22 January 2025
Trump to prioritize US auto manufacturing despite challenges
President Donald Trump has returned to the White House, and in his inaugural speech, he reaffirmed his commitment to manufacturing in the US as a priority, vowing to revive the American...