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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...
Thursday 5 June 2025
Japan's silicon carbide ambitions falter amid oversupply and global pressure
Japan, once a trailblazer in silicon carbide (SiC) research and pilot production, is facing a critical turning point. While renowned for its precision and long-standing technological...
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
NAFCO's May revenue dips due to exchange rate fluctuations; strong orders sustain positive full-year outlook
Aerospace fastener manufacturer NAFCO reported a 13.56% month-over-month decline in revenue for May 2025. The company attributed this drop primarily to exchange rate impacts and slower-than-expected...
Wednesday 4 June 2025
Innovation and sustainability dual axes: Teco initiates diversified strategic growth
Teco held its annual shareholders meeting on June 3, 2025. Chairman Morris Li stated that in the face of global economic and market uncertainties, the company would continue to adhere...
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...
Tuesday 3 June 2025
India outlines EV manufacturing scheme as firms weigh investment hurdles, import incentives
India has issued detailed guidelines for the "Scheme to Promote Manufacturing of Electric Passenger Cars in India" (SPMEPCI), aiming to attract new investments from global EV manufacturers...
Tuesday 3 June 2025
Taiwan Cement hit by battery losses and Chinese competition; turns to AI and robotics for growth
Under intense competitive pressure from plummeting battery prices and aggressive Chinese market strategies, Taiwan Cement Corporation (TCC) has yet to achieve breakeven in its battery...
Monday 2 June 2025
Trump holds reins on Wolfspeed's future as foreign buyers balk at 'Made in USA' cost burden
Wolfspeed, the US leader in silicon carbide (SiC) materials and a key player in the power semiconductor supply chain, has denied recent bankruptcy rumors. However, delays in receiving...
Monday 2 June 2025
China steps up measures to quell auto market chaos
China's car market has been grappling with the fallout from intense competition and cutthroat price slashing, forcing the government to repeatedly intervene. Misleading marketing...
Monday 2 June 2025
VinFast targets festive season EV launch in India, plans local production and hiring scale-up
Vietnamese electric vehicle maker VinFast plans to launch its VF6 and VF7 models in India ahead of this year's festival season, as it sets its sights on becoming a key player in the...