Egypt seeks to attract Chinese investments in energy and electric vehicle sectors On July 10, the President of Egypt met with the Premier of the State Council of China. The president stressed Egypt's commitment to strengthening cooperation with China in various areas of mutual interest and working to activate the comprehensive strategic partnership between the two countries. He also expressed the country's desire to attract more Chinese investmen...

News  Updated at: 2025/07/11

Hungary and China to launch joint EV and energy storage development center in Hungary On July 9, a memorandum of understanding (MoU) was signed to launch a joint Hungarian Chinese automotive and energy storage development and validation center near the ZalaZONE Automotive Proving Ground. According to the agreement, a joint research and development, testing, and certification center for smart electric vehicles and energy storage systems will be se...

News  Updated at: 2025/07/11

TactoTek, Finland partners with TK Group for automotive IMSE film supply chain in China On July 10, TactoTek announced that TK Group (Holdings) Limited, a precision molding company, has joined its IMSE ecosystem as a licensee. The partnership establishes the first automotive-grade IMSE functional film supply chain in China and positions TK Group as a global Tier 1 supplier of finished IMSE products for non-automotive markets. Under the agreement,...

News  Updated at: 2025/07/11

CAR, Baidu Apollo jointly launch world’s first autonomous vehicle rental service On July 8, CAR Inc. (CAR) launched the world’s first autonomous vehicle rental service for the public with Baidu Apollo in Beijing. Based on a Baidu Apollo Level 4 autonomous driving platform, the service deeply integrates CAR’s nationwide vehicle rental network and fleet operation experience to serve as China’s first self-service autonomous vehicle rental pr...

News  Updated at: 2025/07/11

for auto production, especially EVs.  MP Materials received USD 45 million from the Biden administration in 2022 and expects to soon begin production of magnets for General Motors. Now the U.S. Defense Department has acquired a stake in the company to help establish a supply chain not dependent on China.  MP Materials agreed to build a second factory for rare-earth magnets, and the Defense Department ensured that everything produced by that fac...

News  Updated at: 2025/07/11

YoY with 105,939 units sold in H1 2025, as BMW M5 and M5 Touring, which were launched in late 2024, remain highly popular and played a key role in increasing sales. MINI brand saw strong results as sales increased by 17.3% YoY with 133,778 units sold in H1 2025. Sales grew in all regions, including China. Fully electric MINI models were the main growth driver, making up more than one-third of global sales. Based on BMW press release...

News  Updated at: 2025/07/10

oftware, electrification, drivetrain, chassis, and car body for automotive applications. It is producing rear-wheel steering from the first quarter of 2025 in the Kysuce, Slovakia plant. Rear-wheel steering systems are currently being produced for seven vehicle models at three plants across Europe, China, and the Americas. It has also received six additional vehicle nominations for the mechatronic system by 2027. The compact rear-wheel steering s...

News  Updated at: 2025/07/10

Chery consolidates operations in China into four divisions According to multiple press releases dated July 7, Chery, for strategic goals and development needs, established on the same day a business group in China for domestic operations, which comprises the Exeed, Aihu, Fulwin, and QQ divisions. Exeed stays unchanged as a Chery high-end sub-brand, while its organizational structure and functions have been incorporated into the new business group...

News  Updated at: 2025/07/10

Three Japanese OEMs release June 2025 new car sales figures in China, with Toyota seeing growth y/y for five consecutive months Three Japanese OEMs recently announced their June 2025 new car sales results in China. Toyota sold 157,700 units in June, up 3.7% year-over-year (y/y) and achieving growth y/y for 5 consecutive months. Year-to-date (YTD) sales volume totaled 837,700 units, up 6.8% y/y. Specifically, FAW Toyota took up 377,821 units, incl...

News  Updated at: 2025/07/10

China-led ISO international standards for automated driving testing released On July 7, China’s Ministry of Industry and Information Technology (MIIT) announced the release of the “Road Vehicles - Test Scenarios for Automated Driving (AD) Systems - Scenario Evaluation and Test Case Generation (ISO 34505:2025)” international standards formulated under the country’s leadership. The standards mainly stipulate the evaluation process and test ...

News  Updated at: 2025/07/10

in the same period of 2024, despite the challenges faced in the global market. Growth in South America (up 18.3% YoY to 302,100 units), Western Europe (up 1.0% YoY to 1,698,500 units) and Central & Eastern Europe (up 8.5% YoY to 273,100 units) almost offsets declines in other regions, particularly China (down 2.3% YoY to 1,313,800 units) and North America (down 6.7% YoY to 461,900 units) in H1 2025. By brands, VW Passenger Cars increased 4.5% Yo...

News  Updated at: 2025/07/10

t plants in Parsdorf, Hallbergmoos, and at the Research and Innovation Centre (FIZ) in Munich. BMW is setting up five battery assembly plants on three continents for its sixth-generation BMW eDrive (Gen6) batteries. These are located in Irlbach-Straßkirchen (Germany), Debrecen (Hungary), Shenyang (China), San Luis Potosi (Mexico), and Woodruff (USA). In the Neue Klasse, the battery is a key structural part of the car. New round battery cells are...

News  Updated at: 2025/07/09

China Passenger Car Association analysis of production and sales volumes for June 2025 The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for June 2025. China passenger car production and sales volumes in June 2025 Retail June retail sales volumes of passenger cars totaled 2.084 million units, reflecting a year-over-year (y/y) increase of 1...

News  Updated at: 2025/07/09

China to promote scientific planning, construction of high-power charging facilities On July 7, four Chinese government bodies including the National Development and Reform Commission (NDRC) jointly issued the “Notification of Promoting the Scientific Planning and Construction of High-power Charging Facilities” (the Notification). To further perfect China’s charging facility network, the Notification specifies that it is necessary to streng...

News  Updated at: 2025/07/09

operation agreement with Yitong Mobility to jointly open a new chapter in the customized passenger transport market, and held a ceremony for the pooled delivery of the Ruisheng Ace E-M7 MPV. Under the agreement, the two companies are slated to deploy 1,000 passenger transport vehicles nationwide in China in the coming three years to offer users better and more efficient mobility services. BAW has to date sold nearly 7,000 passenger transport vehi...

News  Updated at: 2025/07/09

Japan Aviation Electronics Industry to explore new markets in U.S., China, India, and expand local production Japan Aviation Electronics Industry, Ltd. (Japan Aviation Electronics Industry) will strengthen its efforts to develop overseas customers for its automotive business. Anticipating the growth in global demand for harnesses (wire assemblies) and connectors due to the increasing popularity of electrically powered vehicles, the company will s...

News  Updated at: 2025/07/09

Mexico posts record automotive trade deficit with China in 2024 On July 7, it was reported that Mexico recorded a record automotive trade deficit with China of USD 5,068 million in 2024. While China exported USD 5,332 million in vehicles to Mexico, Mexican car exports to China fell to just USD 262 million, their lowest level since 2010. This sharp imbalance reflects China’s growing dominance, as it became the top foreign supplier to Mexico in 2...

News  Updated at: 2025/07/09

Tigard Motor to introduce BYD Song Plus in Iran On July 5, multiple sources reported that Tigard Motor has received a type approval certificate from the Iranian Standards Organization for the BYD Song Plus DM-i. The car is imported into Iran by Tigard Motor. It is the second imported product of Tigard Motor Company, after the BYD China L. Based on multiple sources ...

News  Updated at: 2025/07/08

nergy density, and high reliability. Inaugurated on the same day was an EVE Energy research center for the low-temperature application of lithium batteries. Leveraging EVE Energy’s technology advantages, the center will work with relevant material and application innovation platforms in Northeast China to develop new battery materials and technologies adaptable to extreme conditions in cold regions and tackle the problem of battery performance ...

News  Updated at: 2025/07/08

Faurecia China, Farwon Electronics establish JV Faurecia China, a Forvia subsidiary, signed an agreement on the establishment of a joint venture (JV) for the R&D of automotive seat motors with Guangzhou Farwon Automotive Electronics Co., Ltd. (Farwon Electronics), a subsidiary of GAC Component Co., Ltd. The two companies will fully leverage their respective strengths to integrate resources from all parties, including funds, technology, personnel,...

News  Updated at: 2025/07/08