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CHINESE AUTOMAKERS
China's Geely used 800 engineers and AI to create a modular EV manufacturing system; Ford is now applying it in Spain, aiming to slash development time and costs by half without building the system itselfFor decades, Western automakers entered Chinese joint ventures primarily to secure access to local buyers. That dynamic has quietly inverte...
Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
Xpeng's robotics unit valued at over $6.3 billion after record funding roundThe proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build...
Trump's trade war with Canada: A timeline of how Ottawa-Washington relations evolvedUS-Canada trade tensions have escalated after US President Donald Trump imposed 50% tariffs on Canadian imports following failed negotiatio...
Tesla, eight other automakers recall record 4.3 million vehicles in ChinaTesla and eight automakers are recalling 4.3 million vehicles in China. This recall addresses concerns about doors being difficult to open ...
Hyundai Motor's union stages first full strike in 10 years over wage talksHyundai Motor's South Korean union began its first full strike in ten years. Workers seek a higher retirement age and job protections again...
- As Opel turns to Chinese partners, its hometown frets about the future
Struggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a new SUV, tapping the Hangzhou-b...
Ford to move production of some Lincoln models from China to USFord plans to move some Lincoln vehicle production from China to the United States. This significant shift is scheduled to begin in the yea...
L&T plans to manufacture rare-earth magnets in India to challenge China’s dominanceLarsen & Toubro is planning to bid for India’s incentives to manufacture rare-earth magnets domestically, people familiar with the matter s...
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
Global Market: China’s July exports top forecasts as AI boom and pre-tariff rush fuel trade growthChina's July exports rose 23.9%, beating forecasts as strong global AI-related demand and pre-tariff shipments boosted trade. High-tech and...
Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secretThe Dutch regulator RDW approved Tesla's FSD system, but refuses to share safety evaluation details. RDW cites Tesla's demands for commerci...
JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
Tesla's China footprint complicates path to possible SpaceX mergerTesla's China operations present a major hurdle for any potential SpaceX merger. Analysts highlight technical and regulatory challenges in ...
AI keeps consumer prices high in 'RAMaggedon' chip crunchMemory chip prices are rising significantly due to artificial intelligence demand. This shortage is impacting consumer electronics and pote...
Musk dismisses report of Tesla's potential China business saleTesla executives are preparing for a potential separation of its China business operations. This move comes as discussions about a possible...
The next China shock could be bigger than solar, batteries and EVsChina is emerging as a global leader in humanoid robot manufacturing. The nation's scale and cost reduction strategies are alarming interna...
BYD launches EV mini-car in JapanBYD has launched the Racco electric mini-car in Japan, priced below 2 million yen before subsidies, aiming to revive weak sales and boost b...
US looks to boost anti-China spending worldwide by hundreds of millions, documents sayThe Trump administration plans significant funding increases for programs countering China's global influence. Hundreds of millions will be...
US Senate panel advances bill tightening ban on Chinese automakersA US Senate committee approved legislation to ban Chinese automakers from the American market. This bill could affect German automaker Merc...