on (CSRC). Pony.ai, which was listed on NASDAQ in November 2024, plans to issue no more than 102,146,500 ordinary shares for listing on the Hong Kong Exchanges and Clearing Limited (HKEX). According to a publicly available financial report, the company achieved a total revenue of CNY 154 million in Q2 2025, up 75.9% year-over-year (y/y). The revenue from Robotaxi operations grew by 157.8% y/y. WeRide, which was listed on NASDAQ in October 2024, p...

News  Updated at: 2025/10/16

Stellantis delays strategic plan as CEO Filosa faces U.S., EU challenges Stellantis is delaying the release of its new strategic plan to Q2 of 2026 to give CEO Antonio Filosa more time to address major uncertainties in the automaker’s key markets. “While we had initially indicated Q1 2026, it would now be more accurate to say H1 2026,” Stellantis global head of investor relations Ed Ditmire said on October 10. The decision underscores chall...

News  Updated at: 2025/10/15

to a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (BASF Coatings). The enterprise value of the transaction amounts to EUR 7.7 billion. Subject to customary regulatory approvals, the transaction is expected to close in Q2 2026. BASF will also reinvest in the coatings business, holding a 40% equity stake, and will receive pre-tax cash proceeds of approximately EUR 5.8...

News  Updated at: 2025/10/13

flected increases in Algeria, where local production of FIAT products has expanded, and positive market developments in Türkiye and Egypt. In South America, the small reduction of 7,000 units in Q3 2025 reflects an unusually high comparison base in Q3 2024, which reflected shipments delayed by the Q2 2024 flood in Rio Grande do Sul. (Stellantis release on October 10, 2025)...

News  Updated at: 2025/10/11

and China region. In U.S., stock levels were managed to offset tariff effects, and strong demand drove a 6% increase in customer deliveries (i.e. 223,800 units). The BEV sales were up by 9% YoY to 51,200 units in Q3 and down 7% YoY to 138,600 units in YTD 2025. The sales were up by 22% compared to Q2 2025 due to increase of the first electric CLA deliveries in Europe. Overall, plug-in-hybrids sales increased by 20% in Q3 2025, bringing total xEV...

News  Updated at: 2025/10/08

Mercedes-Benz India sold 5,119 units during Q2 FY 2025-25 On October 6, 2025, Mercedes-Benz India announced that it achieved its highest-ever monthly sales in September 2025, registering a 36% increase compared to September last year. The performance was driven by the Government's GST 2.0 reforms, which improved customer sentiment and spurred purchases that had been on hold since mid-August. During the nine-day Navratri festival, the brand retail...

News  Updated at: 2025/10/07

it has extended its growth streak in the third quarter, increasing U.S. sales 8.2% to 545,522 units, marking seven consecutive months of sales gains. Electrified Vehicles (hybrid, PHEV, BEV): Ford reached a record 85,789 in Q3, up 19.8%, and represented 15.7% of Ford’s Q3 sales, up from 13.5% in Q2. YTD electrified sales reached 242,298 (+16.5%).     •    Ford EVs achieved a new quarterly sales record with 30,612 sales (+30.2%), with Mu...

News  Updated at: 2025/10/02

Avatr to file for IPO with HKEX in Q4 2025 According to multiple press releases dated September 23, Avatr, a joint venture among Changan Auto, Huawei, and CATL, plans to file for IPO (initial public offering) with the Hong Kong Exchanges and Clearing Limited (HKEX) in Q4 2025 and complete the IPO procedures in Q2 2026. China International Capital Corporation and CITIC Securities will act as the co-sponsors. It is reported that Avatr is currently ...

News  Updated at: 2025/09/28

designated by a leading Chinese emerging automaker, whose name is confidential, for the supply of rear brake caliper assemblies (with EPB (Electronic Park Brake)) and front brake discs for a certain vehicle platform. According to the customer’s plan, the project is expected to start production in Q2 2027, with a lifecycle of 4 years and an estimated total lifecycle sales value of CNY 514 million. (From an APG press release dated September 10, 2...

News  Updated at: 2025/09/18

Journey 6B chip-based NavInfo assisted driving system to start mass production in Q2 2026 An assisted driving system of NavInfo Co., Ltd. (NavInfo) based on Horizon Robotics’ Journey 6B chip is currently under development and will start mass production in Q2 2026.Centered on delivering ultimate cost performance, the system meets China’s new national standards and has been designated by dominant automakers for adoption.The system employs a dr...

News  Updated at: 2025/09/18

eted by the end of 2027. At that time, another 2,000 employees will be able to locate there. Meanwhile, Ford will demolish its Glass House, which has been Ford's headquarters since 1956, along with the adjacent Ford Credit building over an 18-month period. Most employees will move out by the end of Q2 2026, with demolition expected to finish between the end of 2027 and mid-2028. Ford will retain ownership of the property to preserve it in the eve...

News  Updated at: 2025/09/16

umerous affordable new models will be launched at the Chengdu Motor Show 2025, more diversified product lineups across various market segments will constitute a powerful factor in driving the gradual recovery of automobile retail sales. China’s automobile export situation has been improving since Q2 2025, with exports to some markets growing well. In July, independent NEV brands’ total share in markets outside of China rose to 16%. Coupled wi...

News  Updated at: 2025/09/10

make its global production network more flexible, efficient, and sustainable. The initiative begins at the Bremen and Kecskemét plants with the launch of the new all-electric GLC, the first Core model based on the MB.EA platform, scheduled for Q1 2026, followed by the C-Class with EQ technology in Q2. These models will be produced flexibly alongside combustion and hybrid versions, with long-wheelbase versions later added in China. The Sindelfing...

News  Updated at: 2025/09/09

end of 2025. BYD also announced the public debut of its second Super Hybrid model, the Seal 6 DM-i Touring. The Dolphin Surf has been awarded the maximum five-star safety rating by industry body Euro NCAP. BYD will also start installation of Flash Charging in Europe with 200-300 stations planned by Q2 2026. The Flash Charging revolution will be led by the Denza premium brand. Based on BYD press release 1 / 2...

News  Updated at: 2025/09/08

VinFast announces unaudited Q2 2025 results; H1 global EV deliveries reach 72,167 units On September 4, 2025, VinFast announced its unaudited Q2 results. The company delivered 35,837 electric cars, stable from the previous quarter and up 172% YoY, bringing H1 2025 deliveries to 72,167 units, a 223% increase YoY. Electric motorbikes and bicycles reached 69,580 units in Q2, up 432% YoY, totaling 114,484 units in H1, up 447% YoY. Revenue for Q2 2025...

News  Updated at: 2025/09/08

crossover starting in 2026. “We have made some recent changes to the commercial team as part of an ongoing effort to improve operational efficiency for R2,” a Rivian spokesperson said. The sales and service layoffs represent less than 1.5% of Rivian’s workforce, which totaled 14,861 people in Q2. The company expects lower electric vehicle sales in Q4 because of the repeal of U.S. federal tax credits on September 30. “We anticipate the thi...

News  Updated at: 2025/09/06

Canadian economy shrinks 1.6% in Q2 as U.S. tariffs hurt exports On August 29, Statistics Canada announced that Canada's economy shrank much more than expected in Q2 as U.S. tariffs squeezed exports, but higher household and government spending softened the blow somewhat. The GDP for the quarter that ended June 30 slowed by 1.6% on an annualized basis, while Q1 growth was downwardly revised to 2.0%, the agency said. Exports were mainly responsibl...

News  Updated at: 2025/09/05

Jamna Auto, India updates about manufacturing presence and product portfolio In its annual report for FY 2024-25, Jamna Auto Industries announced its plans to strengthen its manufacturing footprint and product offerings in FY 2025-26. Its two new facilities i.e. a Leaf Spring plant at Adityapur (Jharkhand) and a U Bolt plant in Indore (Madhya Pradesh), are scheduled to become operational by the Q2 (ending September) of the fiscal year. Additiona...

News  Updated at: 2025/09/02

h aggressive price cuts and a hybrid vehicle boom exceeding expectations, has encouraged firms to reinstate overtime and subcontractors.  The Federation of Thai Industries (FTI)'s auto parts group said the industry, hit hard in 2023 by high household debt and tighter financing, began recovering in Q2 2025.  During 2022–2023, many firms reduced staff and canceled contracts, often causing closures. Over 10 companies had closed in 2024 due to po...

News  Updated at: 2025/09/02

ial production capacity is projected at 1 million kWh per year, with plans for future expansion. Kim Long Motor emphasized that mastering battery pack technology is critical for sustainable EV development, cost efficiency, and quality assurance. The facility aims to achieve over 80% localization by Q2 2026, strengthening Vietnam’s presence in the global clean energy and electric vehicle supply chain. (From Kim Long Motor  press release (I / II...

News  Updated at: 2025/09/01