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Wednesday 11 June 2025
US electric pickup trucks risk bubble burst amid price and range concerns
Electric pickup trucks were once hailed as a major growth engine for the US electric vehicle (EV) industry, with models like Tesla's Cybertruck, Ford's F-150 Lightning, and Rivian's...
Wednesday 11 June 2025
Uber acquires Crown Taxi in Taiwan
Uber has announced its first fleet acquisition in Taiwan by purchasing long-time partner Crown Taxi. The ride-hailing giant plans to introduce an integrated operating model combining...
Monday 9 June 2025
Toyota Group takes founding company private in bid for flexible transition
Toyota Motor Corporation is planning to take Toyota Industries Corporation private, through a tender offer (TOB) via its real estate company Toyota Fudosan, and personal funds from...
Monday 9 June 2025
China to roll out mandatory ADAS safety standards amid rising NEV concerns
The Chinese government is preparing to introduce compulsory national standards based on the "Intelligent Connected Vehicle Combined Driving Assistance System Safety Requirements,"...
Friday 6 June 2025
China warns BYD, rivals to self-regulate as price war heats up
Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing in early June to address concerns about the long-running price war, according...
Friday 6 June 2025
Chinese automakers slash prices as profit margins sink below that of bubble tea chains
China's automotive sector has descended into a brutal price war as the industry enters its traditional slow season, with more than 70 models from manufacturers including BYD, Geely,...
Friday 6 June 2025
India reportedly mulls rare earth magnet stockpiles, incentives to counter China export curbs
India is reportedly in talks with companies to create long-term stockpiles of rare earth magnets and boost domestic production through fiscal incentives as it scrambles to secure...
Friday 6 June 2025
Xiaomi’s EV rise rattles Huawei, reigniting China’s top tech rivalry
In recent weeks, China's tech ecosystem has been rattled by the revival of a decade-long rivalry between two industry heavyweights: Richard Yu, Executive Director and head of Consumer...
Friday 6 June 2025
Tesla's Robotaxi to hit the road in Austin, escalating Waymo rivalry
Tesla is set to launch its first robotaxi service in mid-June 2025 in Austin, Texas, officially entering the competitive landscape of fully autonomous ride-hailing. The rollout marks...
Thursday 5 June 2025
Suzuki halts Swift production in Japan as China's rare earth squeeze hits automakers globally
Suzuki Motor has suspended production of its best-selling Swift series, excluding the Sport variant, at its Japanese plant starting May 26, 2025, as China's tightening of rare earth...
Thursday 5 June 2025
BYD's delayed price war sets off shockwaves across China's EV sector—here's why
China's electric vehicle market has been thrown into fresh turmoil following a new round of steep price cuts from BYD, reigniting a heated price war and triggering public disputes...
Wednesday 4 June 2025
Xiaomi sees EVs break-even in 2H25 after the launch of YU7
Chinese electronics giant Xiaomi is projecting a turnaround in its electric vehicle (EV) division, with profitability expected as early as the second half of 2025, CEO Lei Jun told...
Wednesday 4 June 2025
Xiaomi and Huawei clash in China's EV endgame
China's electric vehicle market has entered a high-stakes phase, as Xiaomi and Huawei escalate their rivalry across pricing, product quality, retail footprint, and social media messaging...
Wednesday 4 June 2025
Six advisors behind Trump’s unpredictable tariff agenda
As global trade tensions resurface, Wall Street insiders have coined a new acronym — TACO (Trump Always Chickens Out) — to mock President Donald Trump's unpredictable...
Wednesday 4 June 2025
BYD's sweeping price cuts spark industry revolt, draw Beijing into the fray
Chinese electric vehicle giant BYD saw its market capitalization plunge in late May after initiating sweeping price cuts of up to 34%, fueling fears of a full-blown price war and...