On July 18, three Chinese government bodies including the Ministry of Industry and Information Technology (MIIT) jointly held a symposium on the New Energy Vehicle (NEV) industry to make further arrangements for regulating the competitive order of the industry.
Proposed at the symposium for NEV companies were the fol

On July 16, Buick announced that Electra, a high-end sub-brand for New Energy Vehicles (NEVs), named its first luxury intelligent sedan the “Electra L7”. The “L” and “7” reflect the luxury DNA and full‑size sedan stature of the model, respectively.
The Electra L7 is the first production sedan built on the Xiao Yao ar

On July 22, U.S. Treasury Secretary Scott Bessent quoted a same-day social media post by President Trump announcing the tariff agreement with Japan, writing on his own account, “the United States has negotiated a historic agreement with Japan, one of our great allies.”
The Secretary stated, “I am happy to reaffirm ou

On July 23, U.S. Treasury Secretary Scott Bessent spoke about U.S. talks with the European Union while noting that Japan secured its lower 15% auto tariff rate by proposing an innovative financing package. The 15% rate represents a new tariff of 12.5% on top of the older 2.5% rate.
Bessent explained that Japan’s redu

On July 23, the European Commission, which manages EU trade policy, provided a briefing to member state representatives following discussions with U.S. officials, noting that talks are progressing toward an agreement that would set a 15% tariff for most imports.
The 15% minimum tariff would incorporate existing dutie

On July 23, leaders of the European Union and Japan launched an alliance aimed at boosting economic cooperation, defending free trade and countering unfair trade practices as the two sides face growing challenges from the U.S. and China.
The agreement followed a meeting among European Commission President Ursula von

On July 23, multiple media reported that the American Automotive Policy Council (AAPC), which represents GM, Ford, and Stellantis, on July 22 raised concerns about the new trade deal with Japan that cuts tariffs on auto imports from that country to 15% while leaving tariffs on imports from Canada and Mexico at 25%.
M

On July 22, the Trump administration announced that the U.S. and Indonesia agreed to a framework for negotiating an Agreement on Reciprocal Trade, which will open access to each other’s markets, with key terms including:
   •The U.S. will reduce to 19% the reciprocal tariffs on goods originating from Indonesia.
   •I

Honda will end production of the Acura TLX in Marysville, Ohio, in July, reducing the Acura lineup to one sedan and four crossovers. The TLX is built on the same line as the Honda Accord, as well as the Acura Integra, which significantly outsells the TLX. 
Sales of the TLX slumped in 2024 while the company consolidat

On July 23, the Lucid Group announced it has joined newly launched Minerals for National Automotive Competitiveness Collaboration (MINAC) to help accelerate the development of domestic critical mineral resources and the procurement of these minerals for use in manufacturing by U.S. OEMs and Tier 1 suppliers.
MINAC pa

On July 23, BMW i Ventures announced a co-lead investment in Estes Energy Solutions, a California-based materials and manufacturing innovator. The USD 11 million seed round was co-led with Fortescue Ventures with participation from New Systems Ventures, and early investor DCVC. 
Estes is working to drive further impr

On July 23, Renault Group reported that its overall sales rose 1.3% YoY to 1,169,773 units in the first half (H1) of 2025 over the same period last year. By brand, Renault was up 2.7% to 808,413 units, Dacia slightly declined by 0.7% to 356,084 units, and Alpine was up 85% to 5,015 registrations in H1 2025.
Renault G

On July 23, Vauxhall announced that the all-electric Mokka GSE will soon go into production. It will be the fastest electric Vauxhall yet, featuring a bold GSE and rally-inspired design along with advanced technology.
Vauxhall Mokka GSE generates output of 280 hp and 345 Nm of torque. It accelerates from 0 to 62mph i

On July 22, MAN Truck & Bus announced that it is offering the Smart Charging Cube — a flexible charging solution for electric trucks and buses, in partnership with AW Automotive.
It can be used in depots, service yards, or remote areas such as construction sites. Depending on the setup, it connects to power sources r

On July 23, Daimler Buses announced that it will showcase its latest electric innovations, including the Mercedes Benz eIntouro intercity bus, new NMC4 batteries for the eCitaro range, and updated Omniplus services at the Busworld Europe 2025 from October 4 to 9, 2025, in Brussels.
eIntouro Intercity Bus: for the fir

On July 23, Maruti Suzuki India Limited signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India. The agreement aims to foster the development of technology-driven solutions in the fields of automobile m

On July 23, Honda Motorcycle & Scooter India (HMSI) introduced two new motorcycles, the CB125 Hornet and the Shine 100 DX. Bookings for both models will begin on August 1, 2025.
The CB125 Hornet is powered by a 123.94cc, single-cylinder, fuel-injected engine that complies with OBD2B norms. It produces 8.2 kW of powe

On July 22, ZELIO E Mobility launched the facelifted version of its low-speed electric scooter, Gracy+, offering a range of options. The updated model is available in six battery configurations i.e. two lithium-ion and four gel battery variants, offering a range between 80 km to 130 km and priced from INR 54,000 to I

On July 22, Exide Industries Limited (EIL) announced an equity investment of INR 1 billion in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL). With this latest infusion, EIL’s total equity investment in EESL has reached INR 37.02 billion. The shareholding structure remains unchanged, with EIL retai

On July 23, Minda Corporation Limited (Spark Minda Group) announced its collaboration with Qualcomm Technologies, Inc. to develop smart and advanced cockpit solutions for the Indian automotive market. As part of their collaboration, Minda Corporation is designing a next-generation cockpit platform powered by the Snap