South Korea Unveils $2 Billion Aid for Auto Sector Amid U.S. Tariffs
South Korea pledges $2 billion in emergency aid to protect automotive industry from U.S. tariffs threatening exports and supply chains.
Automotive
Read More
BYD Launches 5-Minute Charging Platform for 400km EV Range
BYD unveils Super e-Platform enabling 400km EV range with just 5 minutes of charging, aiming to rival gasoline refueling speeds.
Tesla Rolls Out Limited FSD Features in China Amid Local Competitors’ Rise
Tesla introduces a limited version of its Full Self-Driving (FSD) features in China, facing stiff competition from local EV manufacturers enhancing their smart-driving technologies.
Volkswagen Accelerates Localization to Keep Pace with China’s Market
Volkswagen is intensifying its localization efforts in China by establishing a new R&D center in Hefei, aiming to shorten development cycles by 30% and keep pace with the dynamic Chinese market.
China’s New Energy Vehicles Surpass Fuel Cars with 51.1% Market Share in July
China’s new energy vehicle penetration reached 51.1% in July, surpassing fuel cars for the first time, marking a historic shift in the automotive industry.
China’s Electric Vehicle Boom Challenges ‘Excess Capacity’ Claims
China’s electric vehicle market is booming, challenging claims of excess capacity. Surging demand and fierce competition illustrate the country’s dynamic economic growth.
Taicang: A Hotspot for German Start-Ups in China’s Auto Industry
German entrepreneurs Jiang Xiaohua and Christopher Praetzas are building their automotive start-up in Taicang, tapping into China’s booming auto industry and supportive business environment.