Reported on August 1, 2025, the U.S. imposed a 19% tariff on imports from Thailand and Cambodia, well below the 36% previously threatened, after a ceasefire deal between the two countries. The move came amid President Trump’s warning that trade agreements would be suspended unless the deadly border conflict was resol

On July 29, Seres Group signed a cooperation agreement on the establishment of a joint innovation research institute for intelligent vehicles with Harbin Institute of Technology (HIT) in Chongqing.
Under the agreement, the two parties will establish a joint innovation research institute for intelligent vehicles for c

On July 29, China Changan Automobile Group Co., Ltd. (CCAG) was established in Chongqing, with the State-owned Assets Supervision and Administration Commission (SASAC) of China’s State Council performing the duties of the investor.
Spun off from China South Industries Group Corporation, CCAG owns 117 branches and sub

On July 29, Li Auto launched the Li i8 mid-to-large-size battery electric SUV. The model is available in three variants, with prices ranging from CNY 321,800 to CNY 369,800.
The Li i8 adopts a yacht-styled exterior design and measures 5,085mm long, 1,960mm wide, and 1,740mm high, with a wheelbase of 3,050mm.
The Li i

On July 30, China’s Ministry of Commerce (MOFCOM) announced the holding of trade talks with the U.S. in Stockholm, Sweden from July 28 to 29 local time.
According to the consensus reached, both sides will continue pushing for a 90-day extension of the pause on 24% of reciprocal tariffs of the U.S., as well as counter

On July 26, Xiamen King Long Motor Group Co., Ltd. (KLM) announced the recent delivery of 200 BRT (Bus Rapid Transit) buses to Tanzania. This marks China’s largest volume of BRT bus exports to Africa in 2025.
The first batch of these 18m-long buses is expected to arrive in Tanzania in mid-August and be used for the s

On July 28, Geely announced its recent participation in the World AI Conference 2025 (WAIC 2025) with Shanghai StepFun Intelligent Technology Co., Ltd. (StepFun), a strategic partner.
At the event, Geely, Chongqing Qianli Technology Co., Ltd. (Qianli Technology), and StepFun jointly launched Agent OS (preview version

On July 22, China’s National New Energy Vehicle Technology Innovation Center (NEVC) established a joint innovation lab for the assessment of automotive chips with Geely.
Focusing on areas such as research of SerDes chips for automotive controllers, advancement of cooperative projects on DDR (double data rate) testing

On July 29, Exeed, a Chery sub-brand, released official images of the Sterra E05 range-extended electric SUV.
According to China’s Ministry of Industry and Information Technology (MIIT), the Sterra E05 measures 4,780mm long, 1,890mm wide, and 1,725mm high, with a wheelbase of 2,800mm. The model is powered by a 115kW

On July 29, Chongqing Changan Automobile Co., Ltd. (Changan Auto) announced on the Shenzhen Stock Exchange (SZSE) the recent completion of business registration procedures for the spin-off of China South Industries Group Corporation (CSGC) into a surviving company named China South Industries Group and a new company

On July 30 during the investors call following release of its Q2 report, Ford CEO Jim Farley announced a new EV strategy and the coming reveal of a new electric vehicle and EV platform on August 11 at its Louisville Assembly Plant in Kentucky, calling it a "Model-T moment" for the company.
During 2023 negotiations wi

On July 31, U.S. President Trump said he extended Mexico’s current tariff rates for 90 days to allow more time for trade negotiations with its southern neighbor. Trump had threatened to impose 30% tariffs on Mexico’s exports starting on August 1, saying President Claudia Sheinbaum’s government hadn’t done enough to h

On July 30, U.S. President Trump announced that “the U.S. has agreed to a Full and Complete Trade Deal with the Republic of Korea”, including a tariff of 15% on Korean goods entering the U.S., and no tariff for U.S. goods entering their country.
Also, ”South Korea will give to the United States USD 350 Billion Dollar

On July 30, U.S. President Trump issued a Presidential Action document on Whitehouse.gov offering his reasons for adding 40% onto the current 10% tariff rate for Brazilian products, for a total of 50%, on goods entering the U.S.
The 40% tariff increase was to address “a U.S. national emergency” regarding a variety of

On July 30, Sony Honda Mobility (SHM) announced that pre-production trials of its AFEELA 1 are currently underway at its contract manufacturing partner Honda’s East Liberty Auto Plant.
During this phase, the team at the East Liberty Auto Plant verifies part compatibility, assembly precision, and paint quality to ensu

On July 31, Aeva, a leader in sensing and perception systems, announced a collaboration with Bendix Commercial Vehicle Systems, the North American leader in advanced driver assistance systems (ADAS) for commercial vehicles, focused on SAE Level 2+ active safety and collision mitigation solutions for Class 8 trucks.
T

On July 31, BorgWarner announced it  has secured contracts with two major, global OEMs to supply high-voltage coolant heater (HVCH) technology for plug-in hybrid electric vehicle (PHEV) platforms.
One of the wins marks BorgWarner’s first eHeater for a hybrid program with the respective legacy automaker, expanding its

On July 31, BorgWarner announced it has secured two significant turbocharger business wins for a major global OEM’s next-gen vehicles in Europe and North America. 
BorgWarner will supply its wastegate gasoline turbocharger for 1.0-liter engines used in next-gen compact and light commercial combustion and hybrid vehic

On July 31, BMW Group announced its financial results for Q2 2025 and H1 2025.
For Q2 2025, BMW Group reported revenue of EUR 33.9 billion (down 8.2% YoY), EBIT of EUR 2.7 billion (down 31.4% YOY), and net profit of EUR 1.8 billion (down 31.9% YOY). For H1 2025, the Group reported revenue of EUR 67.7 billion (down 8.

On July 31, Renault Group reported that its H1 2025 revenue increased 2.5% YoY to EUR 27.6 billion from H1 2024, at constant exchange rates, the group revenue increased by 3.6%. The automotive revenue increased 0.5% YoY to EUR 24.5 billion from H1 2024, at constant exchange rates, the revenue increased by 1.6%.
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