Tesla slashes tariff prices, imports Model Y from Germany to Canada As of July 11, Tesla has slashed prices on the Model Y in Canada as sales in the country have virtually gone to zero over the last few months.  As part of its counter-tariff strategy, Canada imposed a 25% “counter-measure surtax” on all passenger cars and light trucks from the U.S. since April 9. This move, on top of brand damage caused by Elon Musk, has severely curtailed T...

News  Updated at: 2025/07/12

for the Tesla “Experience Center” showroom in the Maker Maxity Mall at the Bandra Kurla Complex in Mumbai, marking the first official foray by Tesla into India. The Mumbai showroom's first week will be reserved for VIPs and business partners, according to sources. Visitors will be able to check prices, compare different models, and choose from various trims. Customers can start configuring and ordering as early as next week, and a second show...

News  Updated at: 2025/07/12

leading European Tier 1 supplier of electric vehicle (EV) traction motors for a major OEM. The magnets will be supplied from Neo’s new rare earth magnet plant in Narva, Estonia. The project is expected to generate around USD 50 million in total revenue over its duration, based on current market prices and customer estimates. The commercial deliveries of the magnets are expected to begin in mid-2026 for this contract. Neo’s new European faci...

News  Updated at: 2025/07/10

Chery launches Fulwin A9L plug-in hybrid electric sedan On July 8, Chery launched the Fulwin A9L flagship plug-in hybrid electric sedan. The model is available in four variants, with prices ranging from CNY 149,900 to CNY 207,900. The Fulwin A9L measures 5,018mm long, 1,965mm wide, and 1,500mm high, with a wheelbase of 3,000mm. The Fulwin A9L is based on the E luxury high-performance hybrid platform and has a front-engine FWD or part-time 4WD lay...

News  Updated at: 2025/07/10

rther acceleration from 80 to 120 km/h takes 3.8 seconds for the E-3008 and 4 seconds for the E-5008. Peugeot engineers fine-tuned the chassis, suspension, and steering for better handling and a more responsive driving feel. The “Launch Edition” trim models are now available to order in Poland. Prices start at PLN 245,600 for the E-3008 and PLN 259,850 for the E-5008. Based on Stellantis Poland press release...

News  Updated at: 2025/07/09

er year until 2030. Its growth strategy includes four priorities: doubling defense sector sales, selling over 25,000 zero-emission trucks in Europe by 2030, expanding in India’s domestic and export markets, and growing its profitable services business. Due to changing external factors like energy prices, subsidies, and regulations, Daimler Truck is adjusting its powertrain strategy. In North America, where zero-emission vehicle adoption has slo...

News  Updated at: 2025/07/09

BYD launches Seal 06 DM-i plug-in hybrid electric wagon On July 4, BYD launched the Seal 06 DM-i midsize plug-in hybrid electric wagon. The model is available in three variants, with prices ranging from CNY 109,800 to CNY 129,800. Adopting the new Ocean Aesthetics exterior design concept, the Seal 06 DM-i wagon has a multifunctional roof rack. It measures 4,850mm long, 1,890mm wide, and 1,505mm high, with a wheelbase of 2,790mm. The Seal 06 DM-i ...

News  Updated at: 2025/07/09

o the U.S., especially electrical and electronic components, still faces economic risks. The broader implementation of the tariff could also undermine investor confidence and disrupt regional trade flows across ASEAN. The tariff is also expected to add inflationary pressure, potentially raising car prices in Malaysia due to higher costs for imported components. The Malaysian government is being urged to engage in negotiations with U.S. counterpa...

News  Updated at: 2025/07/09

U.S. copper prices surge to record as Trump calls for 50% tariff On July 8, President Trump said at a Cabinet meeting at the White House that he will impose a 50% tariff on copper imports and suggested more steep sector-specific duties are coming. “Today, we’re doing copper,” Trump said at the Cabinet meeting. “I believe the tariff on copper, we’re going to make it 50%.” He did not say specifically when that tariff would take effect, ...

News  Updated at: 2025/07/09

XPeng launches G7 electric SUV On July 3, XPeng launched the G7 intelligent battery electric SUV. The model is available in three variants, with prices ranging from CNY 195,800 to CNY 225,800. Adopting an aircraft-inspired exterior design, the G7 strikes a balance between technological aesthetics and visual tension, with suspended frameless rearview mirrors and a rear assisted driving indicator light. It measures 4,892mm long, 1,925mm wide, and 1...

News  Updated at: 2025/07/07

SAIC-Audi starts accepting pre-orders for A5L Sportback coupe On July 3, SAIC-Audi started accepting pre-orders for the A5L Sportback coupe. The model is available in five variants, with prices ranging from CNY 260,000 to CNY 320,000. The A5L Sportback adopts a classic low body stance and frameless doors. It measures 4,903mm long, 1,883mm wide, and 1,427mm or 1,447mm high, with a wheelbase of 2,922mm. The PPC (Premium Platform Combustion)-based A...

News  Updated at: 2025/07/07

Audi resists U.S. price hikes in July after 19% sales drop in Q2 On July 3, it was reported that Volkswagen’s Audi will not increase prices in the U.S. in July after its sales there fell 19% in the second quarter, the sixth consecutive quarterly decline. Audi cited a challenging economic environment as well as model changeovers for the drop. President Trump’s tariffs have raised costs for Germany’s export-oriented OEMs. Like Porsche AG, Aud...

News  Updated at: 2025/07/04

es of its four main models. Nissan's sales were down 11.6%. Subaru, Mazda, and Mitsubishi, which account for a high percentage of imports, were all affected by the additional tariffs, falling 15.8%, 6.5%, and 11.1%, respectively. Four automakers other than Honda and Nissan have already raised their prices or are considering doing so, although the extent of the price hikes varies. In June, Hyundai posted a 4.5% increase over the same month last ye...

News  Updated at: 2025/07/03

June 2 to set a 10% upper limit on the carbon dioxide (CO2) credit use over the actual emission volume for the country’s CO2 Emission Trading System, which will become mandatory for some businesses to participate in the spring of 2026. The plan aims to prevent wild fluctuations in emission credit prices and not to discourage enterprises from making efforts to reduce their CO2 emissions. After the system implementation, METI will gradually lower...

News  Updated at: 2025/07/03

VIDA, India launches VX2 electric scooter with pay-per-km battery subscription On July 1, VIDA, the electric mobility brand of Hero MotoCorp, launched the VX2 electric scooter in two variants—VX2 Plus and VX2 Go. The scooter is available with or without Battery-as-a-Service (BaaS), with prices starting at INR 59,490 for the VX2 Go (with BaaS) and going up to INR 110,000 for the VX2 Plus (without BaaS). With this launch, VIDA introduced a new ca...

News  Updated at: 2025/07/02

Changan Kaicene globally launches V919 electric light bus On June 26, Changan Kaicene globally launched the V919 battery electric light bus. The model is available in eight variants, with prices ranging from CNY 89,900 to CNY 225,900. The V919 employs the K01 native digital and intelligent architecture for New Energy commercial vehicles and a 3.5t electric RWD platform, with a maximum load capacity of 1.5t, a cargo space length of 3.38m, and a po...

News  Updated at: 2025/07/02

onth mainly due to a counteraction following the suspension of shipments caused by Daihatsu Motor Co., Ltd.’s certification misconduct. However, new vehicle sales for H1 2025 decreased by 4.3% compared to 2,450,600 units, which were those for H1 2023. Many in the sales field point out that rising prices have dampened consumer demand. By brand, sales by Daihatsu increased 2.2-fold y/y, and sales by Toyota Motor Corporation, which procures models...

News  Updated at: 2025/07/02

Leapmotor starts accepting pre-orders for B01 electric sedan On June 29, Leapmotor started accepting pre-orders for the B01 intelligent battery electric sedan, which is available in five variants with a CLTC combined range of 550km or 650km. Prices range from CNY 105,800 to CNY 135,800. Adopting a technology- and nature-inspired design, the B01 offers eight exterior and two interior color options. It measures 4,770mm long, 1,880mm wide, and 1,490...

News  Updated at: 2025/07/01

ssis with high-strength steel, a 115-PS 1.0L TSI turbo engine (178 Nm torque), 6-speed automatic transmission, and class-leading driver-assist technologies. The SUV is 4,225 mm long, 1,760 mm wide, 1,612 mm high with a wheelbase of 2,651 mm. The model is offered in Style and Ambition variants, with prices starting at VND 599 million. Over 330,000 km of testing was conducted across Vietnam before production started, including extreme temperature a...

News  Updated at: 2025/07/01

Chery starts accepting pre-orders for Fulwin A9L plug-in hybrid electric sedan On June 26, Chery started accepting pre-orders for the Fulwin A9L flagship plug-in hybrid electric sedan. The model is available in four variants, with prices ranging from CNY 159,900 to CNY 229,900. The Fulwin A9L measures 5,018mm long, 1,965mm wide, and 1,500mm high, with a wheelbase of 3,000mm. The Fulwin A9L is based on the E luxury high-performance hybrid platform...

News  Updated at: 2025/07/01