6, VW China announced Skoda’s plan for withdrawal from the Chinese market. Local sales activities will last until mid-2026, after which all warranty and post-sales services will remain available to Skoda users. The reason for Skoda’s withdrawal is the failure to keep up with the electrification pace of Chinese automakers. In 2024, Skoda achieved an annual sales volume of 17,500 units in China, down 23.1% year-over-year. In 2025, sales continu...

News  Updated at: 2026/03/30

ion units with a 21.9% YoY increase, while LCVs totaled 660k units, marking a 15.5% YoY expansion. Although the Chinese market achieved steady growth in 2025, the landscape has undergone tremendous changes, and the government is continuously refining relevant regulations and policy guidance to keep pace with the market’s rapid development. Looking at full-year 2025, China’s automotive industry delivered solid progress in scale, structural opt...

News  Updated at: 2026/03/30

r eDCT transmissions is rising quickly due to the growing popularity of mild hybrid engines. However, current production levels are not enough to meet this demand. Stellantis Metz and Mirafiori plants are key hubs for producing these transmissions in Europe. The Mirafiori plant is running at a fast pace with multiple weekly shifts and high daily output. To manage the shortage, Stellantis is now considering the Termoli plant as a possible way to i...

News  Updated at: 2026/03/27

e War, the situation in the Middle East, uncertainty around U.S. economic policy, and the growing number of global geo-economic measures. These geopolitical issues could also slow global economic growth and increase uncertainty for businesses. Porsche expects advanced economies to grow at a similar pace as before, while emerging markets may see slightly slower growth compared to the previous year. Based on Porshe AG Annual and Sustainability Repo...

News  Updated at: 2026/03/26

to February 2026, the domestic sales volume of New Energy Vehicles (NEVs) and the increase in domestic charging facilities were 1.126 million units and 918,000 units, respectively. The 1.2 to 1 ratio between the two figures indicates that the construction of charging facilities has essentially kept pace with the rapid development of NEVs. Operational status of domestic public charging facilities in different regions: Domestic public charging faci...

News  Updated at: 2026/03/25

hly 16.7 million units annually, form the core revenue base of our global business. In China, even as electrification (EV adoption) progresses, the share of engine-equipped vehicles (ICE, MHEV, HEV, PHEV) remains around 70%, while in the U.S., engine-equipped vehicles account for about 90%, and the pace of shift toward EVs is comparatively gradual. Demand for engine components in both markets remains solid, serving as a stable source of revenue f...

News  Updated at: 2026/03/18

er of AI-based quality-control systems for the automotive and electronics industries, announced it has moved to a new, 25,000-square-foot North American headquarters, manufacturing and product development facility. The new location at 1168 Oak Valley Drive in Ann Arbor will provide the much-needed space for manufacturing, software-development and customer service. "This move allows us to keep pace with growing customer demand for our products, sp...

News  Updated at: 2026/03/06

ities: In January 2026, the domestic sales volume of New Energy Vehicles (NEVs) and the increase in domestic charging facilities were 643,000 units and 606,000 units, respectively. The 1.1 to 1 ratio between the two figures indicates that the construction of charging facilities has essentially kept pace with the rapid development of NEVs. Operational status of domestic public charging facilities in different regions: Domestic public charging faci...

News  Updated at: 2026/03/04

ricing over volume.  Nissan and FlexisQ: Could you detail the capital allocation for Nissan and Flexis? A: [François Provost, CEO] Priority for Nissan is execution of the Renaissance plan. Nissan shares remain under review, always in shareholders’ interest. Regarding Flexis, the electrification pace in LCV is below expectations, so the business model is being reshaped with partners, namely Volvo Group, Renault Trucks, CMA CGM. The product inv...

News  Updated at: 2026/02/24

Bosch targets E Axles, Hydrogen ICE for growth in India On February 9, Bosch Limited announced that its India operations plan to enter the four‑wheeler EV space primarily through e‑axles and that it is in “advanced discussions” with several OEMs on potential programs. The company is not yet supplying e‑axles to any Indian carmaker, but already delivers chargers and DC/DC converters (power electronics) for electric vehicles from its loca...

News  Updated at: 2026/02/13

sed a USD 16 billion funding round, at a USD 126 billion valuation, and plans to use the capital to expand to over 20 new cities in 2026, including its first international markets in Tokyo and London. Waymo’s current fleet consists of only about 2,500 vehicles, primarily the discontinued Jaguar I-PACE. Both the Zeekr-built “Ojai” purpose-built robotaxi van and the Hyundai IONIQ 5 will coexist in Waymo’s fleet alongside the remaining I-PAC...

News  Updated at: 2026/02/12

U.S. EV fast-charging network increases more than 30% in 2025 A U.S. industry report released on January 28 noted that the public fast-charging network in the country expanded at a record pace in 2025, growing 30% and adding more than 18,000 new ports. The U.S. now has over 13,200 public fast-charging stations across the country, with more than 3,300 of those stations installed just last year. The push was primarily led by private investment, but...

News  Updated at: 2026/02/03

r measuring value have fundamentally shifted: the mechanical allure and social prestige once held by the “Blue Sky and White Clouds” emblem are now giving way to computing power, software iteration, and scenario-based intelligent experiences. Structural upheaval in the competitive landscape The pace of evolution in the Chinese market has rewritten the rules of the game. In the Premium segment, where models are priced above CNY500,000 ($71,700...

News  Updated at: 2026/01/28

mber 2025, the domestic sales volume of New Energy Vehicles (NEVs) and the increase in domestic charging facilities were 13.875 million units and 7.274 million units, respectively. The 1.9 to 1 ratio between the two figures indicates that the construction of charging facilities has essentially kept pace with the rapid development of NEVs. Operating status of domestic public charging facilities in different regions: Domestic public charging facili...

News  Updated at: 2026/01/23

Musk says Cybercab, Optimus output to start 'agonizingly slow', ramp up later On January 20, Tesla CEO Elon Musk said in a posting on X that the early production rate of the company's Cybercab robotaxi and its humanoid robot Optimus will be "agonizingly slow" before accelerating over time. Responding to a post on X about Cybercab production beginning in less than 100 days, Musk said the pace of the ramp ⁠depends on complexity, noting ‌that pr...

News  Updated at: 2026/01/22

Adient to close seat cover factory in Ploiesti, Romania, by mid-2027 Multiple local media sources reported that Adient plc (Adient) plans to close its seat cover factory in Ploiesti, Romania, by mid-2027, affecting over 1,000 employees. The decision reflects uncertainty surrounding the pace of the transition to e-mobility, weaker consumer demand, declining market volumes, and intensifying competition. (From multiple sources on January 13, 2026)...

News  Updated at: 2026/01/14

nnect drivers, OEMs, and brands through real-time interactions directly on the car screen. Leveraging dynamic vehicle data, the service enhances driving experience, opens new revenue streams, and enables retailers to reach on-the-go customers at the right moment. Through its startup organization co-pace GmbH, AUMOVIO collaborates with and invests in 4screen to support its global scale-up and strengthen AUMOVIO’s platform strategy for software-d...

News  Updated at: 2026/01/13

ivering compressors for gasoline engines to several domestic OEMs such as Suzuki, Honda, and Mazda, and we intend to continue on this course.  Our next stage will be to strengthen our activities in developing electrification products. Since becoming a part of the Highly Group, we have fastened the pace in developing products such as electric compressors for electric vehicles. Also of note, we are currently increasing sales of heat pump systems f...

News  Updated at: 2026/01/13

% share), and businesses sales increased 8.8% to 46,388 units (2.3% share). “The new car market finally reaching two million registrations for the first time this decade is a reasonably solid result amid tough economic and geopolitical headwinds. Rising EV uptake is an undoubted positive, but the pace is still too slow and the cost to industry too high. Government has stepped in with the Electric Car Grant, but a new EV tax, additional charges ...

News  Updated at: 2026/01/07

Jaguar rolls final F-Pace at Solihull plant, UK On December 24, multiple sources reported that the final Jaguar F-Pace rolled off JLR’s production line in Solihull, marking the official end of Jaguar’s combustion-engine models. The F-Pace is the last internal combustion engine vehicle Jaguar will make, as the brand prepares to debut the first model of its new all-electric lineup, a production version of the Type 00 concept, which is expected ...

News  Updated at: 2025/12/26