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Thursday 11 July 2024
Less than 20 Chinese EV brands to be profitable by decade's end
Just 19 of China's 137 current electric car brands will be profitable by the end of the decade, leaving the rest to exit the industry, consolidate, or battle for a minor market share,...
Tuesday 9 July 2024
Beijing legislates for robotaxis as backlash against them climbs
Beijing will support the introduction of robotaxis in ride-hailing and car rental fleets in the city as advanced driver assistance systems become more commonplace in China.
Tuesday 9 July 2024
Honda to consolidate Thai car plants amid electrification push
Honda Motor Co. will consolidate its two car plants in Thailand by 2025 to deal with overcapacity and focus resources on electrification as battery electric vehicles gain popularity...
Tuesday 9 July 2024
EU tariff on Chinese EVs stirs industry waters, MG holds steady
The European Union's temporary tariff on Chinese electric vehicles (EVs) kicked in on the 5th, sparking varied reactions among automakers. Despite initial assurances from Chinese...
Tuesday 9 July 2024
Chinese EVs accelerate global expansion despite trade barriers
China's electric vehicle (EV) industry is aggressively pushing into overseas markets, navigating trade barriers from Europe and the US designed to stall its progress. However, these...
Monday 8 July 2024
BEV sales to hit 10 million in 2024, says Counterpoint
Battery electric vehicles (BEVs) are set to reach the 10-million milestone in 2024, marking a significant achievement for the global passenger vehicle market, according to Counterpoint...
Monday 8 July 2024
India bets big on hydrogen, lures car makers for pilot deployments
In a push to decarbonize, the Indian government is ramping up policy support for hydrogen-powered commercial vehicles. The National Green Hydrogen Mission aims to promote large-scale...
Thursday 4 July 2024
Chinese EVs defend market share in Europe as trade tension escalates
Chinese electric-car brands held on to their share of the slumping European EV market in May, ahead of new tariffs designed to protect local carmakers from their lower-cost imports...
Thursday 4 July 2024
Huawei affirms no-car-making stance, sells AITO assets at discount to Seres
Seres plans to acquire AITO trademarks and patents from Huawei. This sale, reportedly at a discounted price, reinforces Huawei's commitment against car manufacturing, highlighting...
Thursday 4 July 2024
Renault pushing new partnership model for LFP batteries
Renault is pushing a new partnership model for lithium iron phosphate (LFP) batteries by collaborating with its Chinese and South Korean battery suppliers in Europe.
Thursday 4 July 2024
China introduces pilot city list for smart-connected car applications
China unveiled a list of cities nationwide for smart connected car pilot projects to promote large-scale applications of multi-scenario autonomous driving.
Wednesday 3 July 2024
VinFast first Indian manufacturing facility may open earlier than expected
VinFast, which commenced construction of its inaugural manufacturing facility in India in February, may open the facility three months ahead of schedule.
Wednesday 3 July 2024
PCB firm Chin-Poon remains bullish about long-term demand for EVs
Chin-Poon Industrial, an automotive PCB specialist, maintains an optimistic outlook on the long-term demand for Electric Vehicles (EVs).
Wednesday 3 July 2024
EV vendors follow up on price war in China
The rise of Chinese Electric Vehicle (EV) brands has prompted their larger international counterparts to engage in a price war in China to defend their market share, according to...
Tuesday 2 July 2024
BYD sales rise to a record on price cuts, tech upgrades
BYD Co. sold a record number of electric and hybrid cars in the second quarter, sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into...