|
|
|
China's BYD poised to overtake Tesla in 2025 EV sales
New York (AFP) Dec 29, 2025 Growing Chinese auto giant BYD stands poised to officially surpass Tesla as the world's biggest electric vehicle company in annual sales. The two groups are expected soon to publish their final figures for 2025, and based on sales data so far this year, there is almost no chance the American company led by Elon Musk will retain its leadership position. At the end of November, Shenzhen-based BYD, which also produces hybrid vehicles, had sold 2.07 million EVs so far in 2025. Tesla, for its par ... read more |
 |
EU move to ease combustion-engine ban 'historic mistake': Spain PMMadrid (AFP) Dec 17, 2025 The European Union's decision to walk back a 2035 ban on new petrol and diesel cars is a "historic mistake", Spanish Prime Minister Pedro Sanchez said Wednesday. ... more 
After cars, EU truck-makers urge reprieve from CO2 finesBrussels, Belgium (AFP) Dec 15, 2025 European truck-makers urged the EU to delay or suspend stiff emission reduction fines on Monday, as car producers look set to win a much-clamoured-for reprieve from Brussels. ... more 
EU set to scrap 2035 combustion-engine ban in car industry boostBrussels, Belgium (AFP) Dec 16, 2025 The EU looks set to scrap a landmark 2035 ban on new petrol and diesel cars on Tuesday, as part of a package of reforms aimed at supporting Europe's embattled auto industry. ... more 
Ford scales back EV ambitions, forecasts $19.5 bn write-downNew York (AFP) Dec 15, 2025 Ford on Monday announced a major retreat from large electric vehicles, planning a write-off of about $19.5 billion over several years as it pivots toward hybrids, gas-powered trucks and a new battery storage business. ... more |
|
|
|
|
|
|
|
Volkswagen says it can now make cars entirely in ChinaFrankfurt, Germany (AFP) Nov 25, 2025 Volkswagen can now develop cars from start to finish in China, the German automotive giant said Tuesday, as it plots a fightback in the world's largest market. ... more 
Xiaomi says electric cars and AI now profitableBeijing (AFP) Nov 18, 2025 Chinese consumer tech giant Xiaomi said Tuesday its business segment dedicated to innovations including smart electric vehicles and artificial intelligence had turned a quarterly profit for the first time. ... more 
Mexican car industry fears higher tariffs on China will drive its demiseGuadalajara, Mexico (AFP) Nov 13, 2025 Mexico's car assembly industry, one of the biggest in the world, fears US President Donald Trump's tariff war will impede access to an increasingly indispensable component: digital dashboard touchscreens for which parts are sourced mainly in China. ... more 
EU says China confirms Nexperia chip export resumptionsBrussels, Belgium (AFP) Nov 8, 2025 The European Commission said Saturday that Chinese authorities had confirmed a partial resumption of Nexperia chips, easing a blockage that has alarmed carmakers. ... more 
UK govt considers electric vehicle taxLondon (AFP) Nov 6, 2025 Britain's government is considering introducing a new tax on electric vehicles, it announced Thursday ahead of a difficult budget due later this month. ... more |
|
China's robotaxi firms sink on Hong Kong debut
Hong Kong (AFP) Nov 6, 2025 Shares in Chinese self-driving start-ups Pony.AI and WeRide tumbled on their Hong Kong debuts Thursday, after raising more than US$1.1 billion, with experts warning China is not yet ready for a mass rollout of robotaxis. The listings were the latest in Hong Kong, which is the world's biggest IPO market this year, and come as Beijing looks to champion the autonomous driving sector. The Chinese firms, which listed in New York last year, are aiming to expand their foothold abroad against rivals inc ... read more 
China's robotaxi firms sink on Hong Kong debutHong Kong (AFP) Nov 6, 2025 Shares in Chinese self-driving start-ups Pony.AI and WeRide tumbled on their Hong Kong debuts Thursday, after raising more than US$1.1 billion, with experts warning China is not yet ready for a mass rollout of robotaxis. ... more |
|
|
|
BMW boosts profitability despite China, tariff woesFrankfurt, Germany (AFP) Nov 5, 2025 German carmaker BMW on Wednesday reported a rise in profitability in the last quarter despite facing challenges from slowing Chinese sales and tariffs. ... more 
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. ... more 
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 |
|
|
| Buy Advertising | Media Advertising Kit | Editorial & Other Enquiries | Privacy statement |
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2020 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement |
