Located near London, UK, Silverstone—home to the Formula 1 British Grand Prix since 1950—has evolved into much more than a racetrack. The venue now serves as a hub for cutting-edge technology and innovation. The Silverstone Technology Cluster (STC), established in 2016, leverages the region's motorsport heritage to advance fields including automotive, aerospace, healthcare, digital technology, and industrial engineering.

October 27 marked the second anniversary of Jae-yong Lee's tenure as Samsung Electronics' (Samsung) executive chairman. However, both Lee and Samsung are facing unprecedented challenges.

Toyota Motor and Suzuki Motor have partnered to launch a new battery electric SUV in spring 2025. The vehicle, to be produced in India, will feature a 60-kilowatt-hour battery and a 500 km range. This collaboration marks a significant step in both companies' electrification efforts and their broader partnership.

As the European Union implemented tariffs on Chinese electric vehicles on October 31, both European and Chinese EV supply chains have begun executing contingency plans. The tariffs add a new layer of tension to the EV trade, as both governments embark on negotiations that could introduce further complexities.

BYD's quarterly sales have surpassed Tesla's for the first time in the third quarter of 2024, but ongoing fierce market competition in China's electric vehicle (EV) industry means such success is not the story of other Chinese EV makers.

Chinese officials are reportedly urging local electric vehicle (EV) manufacturers to suspend their expansion in the European Union (EU), potentially exacerbating future trade decoupling between China and Europe, according to industry sources.

Tesla's latest announcement regarding its self-driving taxi (Robotaxi) has attracted worldwide interest, indicating a significant advancement in its Full Self-Driving (FSD) technology. However, hurdles exist for the electric vehicle vendor pushing autonomous driving in not only the US but also China.

European electric vehicle sales fell short of expectations in the first half of 2024, capturing 14% of the market. Transport and Environment (T&E) points to fragmented green subsidies across EU nations as the primary cause of market disruption. While China-backed automakers like BYD capitalize on subsidies to maintain competitive pricing, EU tariffs designed to protect local industries have failed to stimulate EV sales, leaving European manufacturers grappling with stricter emission regulations.

Lilium, a German electric vertical takeoff and landing aircraft (eVTOL) company often called the Tesla of flying cars, is planning to file for insolvency and will seek self-administration proceedings.

Chinese electric vehicle manufacturers are accelerating their European shipments ahead of potential anti-subsidy tariffs of up to 35% that could take effect from November 1. While recent EU-China negotiations have made progress on pricing terms, significant uncertainties persist in the evolving trade landscape.

An electric bus recently caught fire in a parking lot in Taichung, central Taiwan for no apparent reason. The precise cause of the fire is being investigated by the relevant authorities; however, this incident has raised concerns about the safety of electric buses on the market.