On June 13, the People’s Government of Dapeng New District of Shenzhen signed a cooperation framework agreement on the innovative development of the flying car industry with FAW Group and another two Shenzhen government bodies. This marks the official settlement of FAW Group’s flying car headquarters in Dapeng New Di

On June 13, FAW Group participated in the 2025 International Automotive & Supply Chain Expo (Hong Kong) with blockbuster FAW Hongqi models, announcing that it will continuously increase investment in the Hong Kong market for co-creation and a win-win situation through joint establishment of industries, sharing of eco

On June 12, GAC Toyota released key intelligentization and electrification achievements and phased business deployment at its 2025 Technology Day event.
GAC Toyota unveiled a multi-path product lineup including the following content.
-          The next-generation Highlander and Sienna will be available in range-exte

Benteler Group (Benteler) has partnered with Tongji University for joint research and talent development. Both partners will research on key topics such as lightweight construction, vehicle safety, and sustainable mobility. They also promote young talent through internships, training programs, and a dedicated scholar

Dräxlmaier Group opened a new development site in Da Nang, Vietnam, in June 2025.
The new office strengthens the company’s regional presence and emphasizes its long-term commitment to Southeast Asia.
It focuses on Technical Product Management (TPM) and embodies lived collaboration, continuous transformation, and tech

Continental AG (Continental) announced that its Otrokovice tire plant in Czech Republic has received the International Sustainability and Carbon Certification (ISCC) PLUS sustainability certification.
The certification confirms that the plant meets specific documentation requirements relating to the use of sustainabl

Indian passenger vehicle sales in May 2025 were up 0.8% y/y to 303,099 units.
Based on the release of carmakers, the available sales results of PVs and CVs are as follows:
Maruti Suzuki sales of 138,690 units decreased 5.5% in May compared to the same month in 2024. Tata sales of 67,429 units decreased 10.3% from las

On June 16, Polestar announced that it has secured a USD 200 million equity investment from PSD Investment Limited, an existing shareholder controlled by Eric Li, Founder and Chairman of Geely Holding Group.
The investment will be made through a private investment in public equity (PIPE) arrangement. Under the terms

On June 16, it was announced that BYD Brazil, in partnership with Tupi Mobility, will launch a new charging feature called AutoCarga as part of its electric mobility strategy in the country.
Introduced during the Festival Interlagos 2025, AutoCarga enables BYD vehicle owners to charge their cars automatically without

On June 16, it was announced that Audi do Brasil has opened pre-orders for two new fully electric models: the Audi Q6 Sportback e-tron and the Audi SQ6 Sportback e-tron.
Both vehicles will be available in a single configuration, Q6 Sportback e-tron Performance Black quattro and SQ6 Sportback e-tron quattro. Both mode

Reported on June 16, 2025, Thailand’s Finance Ministry and the Board of Investment (BOI) are reportedly reviewing domestic production requirements under the EV subsidy scheme to address market oversupply, intensifying price wars, and broader challenges facing the EV industry.
Under current rules, EV manufacturers rec

Reported on June 13, 2025, at the launch of New Energy Asia (NEA), the newly formed joint venture between HICOM Engineering and Hangzhou Flash Charging (HFC) signed collaboration agreements with (i) Future Fuelling Malaysia, (ii) Pro-Net, and (iii) Malakoff Green Solutions. These partnerships aim to promote clean mob

Reported on June 12, 2025, PT Aneka Tambang Tbk (Antam), the Indonesian mining company, planned a 2025 investment budget of IDR 7 trillion (approximately USD 500 million), with the majority allocated to developing the EV battery supply chain.
The budget will also support the renovation of Antam’s precious metal facil

On June 16, U.S. President Donald Trump sounded optimistic about a trade deal as he met with Prime Minister Mark Carney at the G7 summit in Alberta.
Speaking briefly to reporters ahead of the bilateral meeting before the wider G7 summit got underway, Trump said the "primary focus" of this meeting for him is "trade wi