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CHINESE EV BRANDS
Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...
INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...
Tata Motors rethinks its premium EV playbookTata Motors has revamped its premium EV brand, Avinya, by shifting from its original platform plans to leveraging partnerships and ready-ma...
Tata taps China's Chery for premium EV push, sources sayTata Motors is set to license an automaking platform from China's Chery. This collaboration aims to accelerate the launch of Tata's premium...
Stellantis plays down European scope for JLR and Tata partnershipsStellantis Europe chief Emanuele Cappellano revealed no immediate plans to extend recent partnerships with Jaguar Land Rover and Tata Motor...
China's Xiaomi Q1 profit sinks 43% on higher memory chip costsXiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investi...
Ferrari's Luce leads bold leap into uncertain electric eraFerrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced ove...
Fuel price hikes, West Asia tensions push Indian businesses towards EV transitionRising crude oil prices are pushing India towards electric vehicles. Businesses are seeking stable operational costs. This shift is driven ...
Stellantis says to invest 60 bn euros over five yearsAutomaker Stellantis is investing 60 billion euros over five years. The company plans to reduce its production capacity in Europe by 20 per...
Stellantis plans partnerships with Dongfeng in Europe, JLR in USStellantis is joining forces with China's Dongfeng to create a dynamic joint venture aimed at producing new energy vehicles right in the he...
Can China's Xi rescue Trump from a bruising West Asia war?Donald Trump seeks a significant win from his upcoming China trip to bolster his reputation and aid midterm election prospects. The meeting...
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summitU.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market...
China's car sales drop for seventh month in April; exports roarChina's car sales experienced a 21.6% year-on-year decline in April, marking the seventh consecutive month of contraction. Automakers are i...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
Global stocks: BYD Q1 profit falls 55%, steepest drop in 6 years as China sales falterChinese electric vehicle maker BYD's quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday, hit by ...
Huawei commits $10 billion to boosting computing power for smart drivingHuawei will ramp up investment in smart-driving research and development, including more than $10 billion over the next five years to boost...
Honda to stop car sales in South Korea by end-2026Honda will stop selling cars in South Korea by the end of 2026. The company will continue after-sales services. This decision is due to mar...
Trump-Tehran, EVangelist for Us – time to charge the battery techEven as conflict and chaos linger in West Asia, India is witnessing a happy confluence of choice, cause and cost. This is a once in a lifet...
Beijing auto show: Chinese EV makers target Europe’s luxury car turfChinese car makers are now targeting premium customers. Brands like Geely and Nio are launching advanced electric and hybrid vehicles. Thes...
Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...