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Chinese EV giant BYD says Q3 profit down 33%
Beijing (AFP) Oct 30, 2025 Chinese electric vehicle giant BYD said on Thursday its third-quarter profit had slumped by 33 percent year-on-year, with sluggish domestic consumption piling pressure on the carmaker as it looks to expand overseas. BYD - which adopts the English slogan "Build Your Dreams" - has emerged in recent years as the clear leader in China's highly competitive EV market, which is the largest in the world. The carmaker said its net profit for the third quarter was 7.8 billion yuan ($1.1 billion), a decr ... read more |
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Uber partners with Nvidia to deploy 100,000 robotaxisSan Francisco, United States (AFP) Oct 28, 2025 Uber and Nvidia on Tuesday announced an alliance to deploy 100,000 robotaxis starting in 2027. ... more 
Mercedes-Benz profit plunges on China slump and US tariffsFrankfurt, Germany (AFP) Oct 29, 2025 German premium carmaker Mercedes-Benz reported plunging third-quarter profit Wednesday, hit by weak sales in China as well as US tariffs. ... more 
Nexperia, the new crisis looming for Europe's carmakersParis (AFP) Oct 24, 2025 European automakers already buffeted by US tariffs and a rocky shift toward electric vehicles now face a new threat: a shortage of key semiconductors supplied by Chinese-owned Nexperia. ... more 
Baidu confirms robotaxi project with Switzerland's PostBusShanghai (AFP) Oct 22, 2025 Baidu will start testing self-driving taxis in Switzerland this year in collaboration with the country's PostBus public transport service, the Chinese tech firm said Wednesday. ... more |
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Massive UK dieselgate lawsuit reaches courtLondon (AFP) Oct 13, 2025 A trial involving five major carmakers opened at London's High Court Monday, marking the latest chapter of the dieselgate emissions scandal that has rocked the auto industry for a decade. ... more 
Tesla shares fall on doubts that latest autos will boost salesNew York (AFP) Oct 7, 2025 Shares of Tesla fell Tuesday after it unveiled revamped auto models with somewhat lower starting prices to offset the demise of a federal electric vehicle tax credit. ... more 
EU should scrap ban on new combustion-engine sales: MerzBerlin (AFP) Oct 6, 2025 German Chancellor Friedrich Merz said Monday he wants the EU to scrap its planned 2035 deadline for ending new combustion-engine vehicle sales as his country looks for ways to help its ailing car industry. ... more 
Lighting the way for electric vehicles by using streetlamps as chargersUniversity Park PA (SPX) Oct 06, 2025 Electric vehicles (EVs) can have lower fuel costs and reduce emissions relative to cars that use gasoline, but they are only a practical option if drivers have convenient ways to charge them. For pe ... more 
US cops pull over driverless car after illegal U-turnLos Angeles, United States (AFP) Sept 29, 2025 US police thought they had their man when they watched a taxi make an illegal U-turn right in front of them - only to discover there was no-one in the driver's seat. ... more |
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World's highest bridge opens to traffic in China
Beijing (AFP) Sept 28, 2025 The world's highest bridge opened to traffic in China on Sunday, state media said, capping an engineering feat three years in the making and snatching the record from another bridge in the same province. The Huajiang Grand Canyon Bridge towers 625 metres (2,051 feet) above a river and vast gorge in the country's rugged southern province of Guizhou, also home to the 565-metre Beipanjiang Bridge that is now the world's second highest. Live drone footage broadcast by state media on Sunday showed ve ... read more 
Chinese automaker Chery gains in Hong Kong debutHong Kong (AFP) Sept 25, 2025 Shares in China's top car exporter Chery Automobile rose on their trading debut Thursday after the company raised US$1.2 billion in one of Hong Kong's biggest initial public offerings this year. ... more |
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Toyota opens high-tech village in Japan to road test the futureTokyo (AFP) Sept 25, 2025 Top-selling carmaker Toyota opened its new high-tech village in Japan on Thursday, an experimental project to test autonomous driving and other futuristic developments. ... more 
Austria greenlights motorway project despite environmental objectionsVienna (AFP) Sept 25, 2025 Austria's government announced on Thursday it would press ahead with a divisive motorway project that includes a tunnel under a national park, dealing a blow to opponents of the plan. ... more 
Central Park horse-drawn carriages face ride into the sunsetNew York (AFP) Sept 20, 2025 The rights and wrongs of the horse-drawn carriages that carry tourists around New York's Central Park have been loudly debated for years, but the mayor has signalled they may be at the end of the track. ... more 
China unveils plan to 'stabilise' auto sector growthBeijing (AFP) Sept 13, 2025 China unveiled a plan on Saturday to "stabilise" growth in its auto sector in the face of a price war between competitors and export woes, state media reported. ... more 
Chinese EV maker XPeng recalls 47,000 cars over steering assist glitchBeijing (AFP) Sept 12, 2025 Chinese electric vehicle maker XPeng is recalling more than 47,000 electric sedans with hands-free driving capabilities over a glitch in its assisted steering system, Beijing's market supervisor said on Friday. ... more |
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