China releases 18th list of “Catalog of New Energy Models Eligible for Vehicle Purchase Tax Breaks” On June 19, China’s Ministry of Industry and Information Technology (MIIT) released the “Catalog of New Energy Models Eligible for Vehicle Purchase Tax Breaks (18th List)”. The selected battery electric models consist of 3 passenger vehicles (including NIO’s Onvo L90, Xiaomi EV’s YU7, and FAW Bestune’s Yueyi 03), 56 buses, 62 truck...

News  Updated at: 2025/06/23

Xiaomi EV solid-state battery invention patent disclosed On June 13, the China National Intellectual Property Administration (CNIPA) disclosed a solid-state battery invention patent filed by Xiaomi EV on December 12, 2023. The composite electrode of the Xiaomi EV solid-state battery effectively shortens metal ion transport paths in thick electrodes to increase the metal ion transfer rate between electrodes, while boasting high electrode capacity ...

News  Updated at: 2025/06/23

Vietnam-based TMT Motors’ EV charging subsidiary renamed following May 2025 establishment On June 17, 2025, TMT Motors announced an update through the State Securities Commission (SSC) and Ho Chi Minh Stock Exchange (HOSE) portals regarding one of its subsidiaries. The company disclosed that TMT Electric Vehicle Charging Station Investment and Trading Joint Stock Company has been renamed to Vietnam Egreen Charging Investment Joint Stock Company...

News  Updated at: 2025/06/23

f 2025, the momentum of Chinese brands has gathered more pace as they carve out their niche in the European market.  With the introduction of the “make origin” fields in GlobalData’s Light Vehicle Sales Forecasts, we now have clearer visibility into the growth trajectory of these brands than ever before. The results from Q1 2025 reveal a remarkable 87% increase in Passenger Car sales in Europe (EU, EFTA, UK) compared to the same period in ...

News  Updated at: 2025/06/23

TMT Motors Vietnam introduces locally-made Nano S05 2-seat EV; set for Q4 launch On June 19, 2025, TMT Motors introduced the Nano S05, a locally produced, European-standard compact electric car designed for urban mobility, targeting young people, families, and individual users. Expected to cost slightly more than high-end scooters, the Nano S05 is set to launch in Q4 2025 and will be available through authorized showrooms and online platforms. Wi...

News  Updated at: 2025/06/23

TMT Motors Vietnam unveils 2025–2026 strategy covering EVs and e-CV plans On June 19, 2025, TMT Motors held a media event at its Hanoi headquarters to unveil its 2025–2026 business strategy, centered on 3 key areas: trucks, electric vehicles (EVs), and a nationwide charging infrastructure. TMT will continue producing a diverse range of conventional trucks (500 kg–40 tons) while expanding into electric trucks (1–8 tons) and electric vans (...

News  Updated at: 2025/06/23

Philippines installs 1,062 EV charging stations; New Solar-Assisted unit unveiled in Clark On June 20, 2025, the Philippines’ Department of Energy (DOE), through its Energy Utilization Management Bureau, handed over a Solar-Assisted EV Charging Station (EVCS) to the Clark Development Corporation (CDC).  Located at Clark Museum Parking Lot, the EVCS supports e-mobility by linking Metro Manila and Northern Luzon, helping cut fossil fuel use and ...

News  Updated at: 2025/06/23

Honda and GS Yuasa to delay battery plant construction by up to 3 years due to slowing EV adoption Honda Motor Co., Ltd. (Honda) and GS Yuasa Corporation (GS Yuasa) are reportedly delaying the construction of their electric vehicle (EV) battery plant in the Kasahara Region, Moriyama City, Shiga Prefecture, by up to three years. In addition to the slowdown in the spread of EVs, the discovery of buried cultural assets in the area has made it necess...

News  Updated at: 2025/06/23

tial paid-up share capital of INR 500,000. The JV will have its manufacturing operations established in India with global sales (excluding South Korea). The strategic partnership will enable SAMIL, through its Wiring Harness Division, to offer vehicle power electronics solutions for clean mobility (EV and Hydrogen) in the commercial vehicle segment. The product portfolio includes DC-DC converters, auxiliary inverters, traction inverters, on-board...

News  Updated at: 2025/06/20

Stellantis UK to open order for new Jeep Compass First Edition Q3 2025 On June 19, Stellantis UK revealed the pricing for the new Jeep Compass First Edition, with orders opening in the UK in Q3, 2025. The pricing starts at GBP 35,700 for the e-Hybrid and GBP 39,200 for the fully electric version. The fully electric version features a 74 kWh battery and 213 hp motor with 345 Nm torque. It supports fast charging from 20%-80% in 30 minutes with a 16...

News  Updated at: 2025/06/20

NRB Bearings, India updates about its next-gen components for EV and transmission systems In an investor update, NRB Bearings Limited, a manufacturer of needle and cylindrical roller bearings, highlighted its key product innovations aimed at expanding its presence in advanced mobility and transmission applications. The new developments include a lightweight cylindrical roller bearing (CRB) with special heat treatment for balancer shaft applicatio...

News  Updated at: 2025/06/20

Daedong Gear receives order for EV gear modules from Hyundai Transys Several South Korean media sources reported that South Korea’s Daedong Gear Co., Ltd., won an order from Hyundai Transys Ltd., a South Korean transmission manufacturer, for gear module products for next-generation electric vehicles (EVs) and extended range EVs (EREVs). The products on the contract include carriers and differential assemblies for electric all-wheel drive system...

News  Updated at: 2025/06/20

Bosch, Thai Industry Minister hold talks on EV component investment in Thailand Announced on June 17, 2025, Thailand’s Minister of Industry has met with executives from Robert Bosch Automotive Technologies (Thailand) to discuss the promotion of advanced automotive parts manufacturing, particularly for electric vehicles (EVs). Bosch plans to invest in the local production of key EV components in Thailand, such as traction motors and e-axle techn...

News  Updated at: 2025/06/20

Volvo Malaysia to keep MHEV, PHEV lineup based on demand amid EV shift Reported on June 19, 2025, Volvo reaffirmed the importance of maintaining a balanced mix of mild-hybrids, plug-in hybrids (PHEVs), and battery electric vehicles (BEVs) in Malaysia in the short to medium term, even as the parent company stays on course to become a fully electric brand by 2030. According to the Managing Director of Volvo Car Malaysia & Thailand, over 80% of Volv...

News  Updated at: 2025/06/20

Volvo Malaysia preparing to launch ES90 EV in 2026; no plans for 2025 S90 facelift Reported on June 18, 2025, Volvo Car Malaysia is set to launch the Volvo ES90, an all-electric sedan, in early 2026. The ES90 will be offered exclusively as a battery electric vehicle (BEV), with no internal combustion engine (ICE) variant planned. Meanwhile, the 2025 S90 facelift will not be introduced in Malaysia to replace the current S90, of which local stocks ...

News  Updated at: 2025/06/20

King Gen seeks exclusive rights to import and distribute Farizon EVs in Thailand Reported on June 20, 2025, King Gen PCL (KGEN) is seeking exclusive rights to import and distribute Farizon, a new energy commercial vehicle brand under Geely Holding Group, in Thailand. With existing operations in logistics and EV charging services, KGEN sees significant growth opportunities in the country’s expanding EV market. At the 2025 International Automotiv...

News  Updated at: 2025/06/20

LG Energy Solution to supply 46-phi cylindrical batteries to Chery Automobile LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it has won an order from O&J Automotive Netherlands BV, a subsidiary of China-based Chery Automobile Co. Ltd., for 46-phi cylindrical batteries. LG Energy Solution will begin supplying batteries on a full scale in early 2026, and these batteries will be ins...

News  Updated at: 2025/06/20

Targa Telematics and Volvo Cars partner to develop new connected mobility services On June 19, Targa Telematics partnered with Volvo Cars to integrate data from Volvo vehicles in Europe. The partnership with Volvo Cars involves the direct integration of data streams from the numerous Volvo models into Targa Telematics’ platform to enable the creation of new connected mobility services using information relating to items such as kilometers trave...

News  Updated at: 2025/06/19

Uno Minda, India to set up casting plant for EV components in Aurangabad On June 19, Uno Minda Limited announced that its board of directors has approved the detailed project report (DPR) for establishing a new manufacturing facility for its casting division at Sambhaji Nagar, Aurangabad. The total capital expenditure for the project is estimated at approximately INR 2.1 billion, which will be invested in a phased manner over the next five years....

News  Updated at: 2025/06/19

Volvo reaffirms long-term commitment to Karnataka, India at EVS38 Summit On June 16, the Minister for Large and Medium Industries and Infrastructure Development led a Karnataka state delegation at the EVS38 Summit in Gothenburg, Sweden. During the summit, the Minister acknowledged Volvo’s ongoing investment in Karnataka under the memorandum of understanding (MoU) signed at the Invest Karnataka 2025 Global Investors Meet (GIM 2025) and encourage...

News  Updated at: 2025/06/19