CAR TECH - ROBO DAILY

Chinese EV maker Nio admits Europe expansion challenges

Apr 22, 2025 (AFP)

Faced with a cut-throat domestic market, many Chinese automakers have looked to grow their overseas sales in markets like Europe, Latin America and Southeast As...

South Korea's LG Energy Solution exits from $8.4bn Indonesia project

Apr 22, 2025 (AFP)

The company signed a 142 trillion rupiah ($8.4 billion) deal in 2020 on the so-called Grand Package project, which aimed to establish a local electric vehicle b...

Auto Shanghai to showcase electric competition at sector's new frontier

Apr 22, 2025 (AFP)

As the petrol engine's primacy stutters, traditional industry expos like Paris and Detroit are scrambling to re-invent themselves -- but in Shanghai the era of ...

Volkswagen unveils its electric counter-offensive in China

Apr 22, 2025 (AFP)

Though it is still the leading foreign group operating in the country, Volkswagen has seen its sales droop as local brands' rise -- a fate that has also befalle...

Aramco and BYD unveil car technology alliance

Apr 21, 2025 (AFP)

The Saudi oil giant is already a partner with Renault of France and the Chinese automaker Geely in a joint venture to produce thermal engines. Its subsidiary Sa...

Ford 'adjusts' some exports to China due to tariffs

Apr 18, 2025 (AFP)

"We have adjusted exports from the US to China in light of the current tariffs," Ford told AFP without specifying the models affected. The US auto giant halted ...

China's BYD forecasts record first-quarter net profit

Apr 08, 2025 (AFP)

However, a bruising China-US trade war and tensions between Beijing and other Western capitals threaten to cast a shadow over the company's global ambitions. Th...

Starmer unveils support for tariff-hit auto sector

Apr 07, 2025 (AFP)

The world's auto sector has been hit hard by Washington's sweeping new levies, which impose a 25 percent tariff on vehicles imported into the United States. Sta...

Fatal Xiaomi crash raises questions about assisted driving tech in China

Apr 02, 2025 (AFP)

Three college students died on Saturday night after their Xiaomi SU7 hit a concrete barrier on a section of the Dezhou-Shangrao Expressway in eastern Anhui prov...

Chinese EV giant BYD surpasses rival Tesla with record 2024 revenue

Mar 24, 2025 (AFP)

The Shenzhen-based firm has emerged in recent years as the clear leader in China's highly competitive EV market, which is the largest in the world. It is also i...

EU tariffs not a deterrent, says Chinese EV maker XPeng

Mar 21, 2025 (AFP)

Brussels decided to impose tariffs in October of up to 35.3 percent on imports of Chinese electric cars, citing alleged subsidies that give them an unfair advan...

Chinese electric car maker BYD aims for Europe boost

Mar 20, 2025 (AFP)

"You will see, starting from March or April, our registration numbers will jump" in Europe, company vice-president Stella Li told AFP in an interview at a showr...

China EV giant BYD soars after 5-minute charging platform unveiled

Mar 18, 2025 (AFP)

The company said the battery and charging system, called "Super e-Platform", boasted peak speeds of 1,000 kW, allowing cars to travel up to 470 kilometres (292 ...

Chinese premium EV brand Zeekr unveils autonomous driving system

Mar 18, 2025 (AFP)

The Zeekr 9X comes fitted with L3-ready capabilities, which allow drivers to take their hands off the wheel but require them to stay ready to intervene. "We wil...

Xiaomi posts 2024 revenue surge as EV push deepens

Mar 18, 2025 (AFP)

The Beijing-based firm manufactures a diverse array of tech gadgets ranging from smartphones and laptops to rice cookers and air purifiers. Its performance is c...

BMW warns on tariffs, China as 2024 profits plunge

Mar 14, 2025 (AFP)

For 2024, the group's net profit fell 37 percent to 7.7 billion euros ($8.3 billion) while revenues were down over eight percent to 142.4 billion euros. The Mun...

Chinese company to buy bankrupt German flying taxi firm

Mar 13, 2025 (AFP)

The Chinese firm, Zhejiang Wanfeng Auto Wheel Co., put the price tag of the transaction at 10 million euros ($10.9 million), while Volocopter's assets were give...

Volkswagen profits hit as high costs, China woes weigh

Mar 11, 2025 (AFP)

At 12.4 billion euros ($13.4 billion) in 2024, net profit fell 30.6 percent compared with the previous year, even as overall sales grew slightly to reach 324.7 ...

Europe to protect auto sector from 'mortal danger': EU industry chief

Mar 05, 2025 (AFP)

The sector is the jewel in Europe's industrial crown, employing around 13 million people and contributing some seven percent to the European Union's economy. Bu...

EU emissions reprieve for carmakers may slow EV shift

Mar 04, 2025 (AFP)

European car companies, already beset by Chinese competition, had been warning that they would struggle to meet the ambitious 2025 carbon dioxide (CO2) reductio...