Chinese car manufacturer Chery Automobile is establishing a new research and development centre in the United Kingdom, set to open in late autumn 2026. The facility will be located at UTAC Millbrook in Bedfordshire,…
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Xiaomi’s SU7 electric vehicle has achieved a significant milestone, exceeding 500,000 unit deliveries. This strong performance highlights the rapidly expanding electric vehicle market, particularly within Asia, as tech giants venture into automotive…
Consumer demand for lower-priced electric vehicles may eventually overcome current trade barriers, paving the way for Chinese EV brands to enter the US market within the coming years, according to recent analysis.
Electric vehicle sales are experiencing a global surge, particularly across Asia, driven by rising oil prices following geopolitical tensions. Countries like South Korea, Australia, New Zealand, Indonesia, and Malaysia are seeing significant increases in EV…
Bentley has provided an initial, comprehensive view of the interior design of its forthcoming Torcal EV, slated for its worldwide premiere on September 23. The Torcal EV will be Bentley’s premier fully electric production car, with the initial stages of…
To mark the 60th anniversary of the iconic Miura, Lamborghini has unveiled a limited-run special edition vehicle named the Revuelto Miura 60 Degree Homage. This unique series, which will only have 99 units available globally, is the brainchild of the brand’s…
During the first half of this year, Vietnam emerged as the leader in Southeast Asia for battery electric vehicle (BEV) sales, with 115,986 units sold. This impressive figure marked a 71% increase compared to the previous year. Furthermore, BEVs accounted for…
The Vietnamese auto market has witnessed a significant growth of 15% in sales during the first half of 2026, as compared to the same period last year. A substantial portion of this growth can be attributed to the robust sales of imported and hybrid vehicles.…
VinFast Vietnam, a budding organization specializing in the design and sale of VinFast vehicles, recently increased its capital funds substantially. The company doubled its capital from VND5.18 trillion to VND10.18 trillion, equivalent to US$388 million, by…
In the first six months of 2026, Vietnamese electric vehicle manufacturer VinFast marked significant growth in the domestic market, reporting a 72% year-on-year increase with a record preliminary domestic delivery of 115,916 electric vehicles (EVs). This…
Luxshare Precision Industry, headquartered in China, announced on Tuesday that its Hong Kong listing has been priced at the upper limit of its target range, resulting in the raising of approximately HK$24.27 billion (US$3.09 billion). The Apple supplier,…
In May, Thailand’s automotive industry experienced a sharp decline in vehicle production, which fell 17.94% year-on-year to 114,214 units. The slump was primarily due to decreased exports amidst political tensions in the Middle East and reduced demand in key…
VinFast, a prominent electric car manufacturer, has unveiled a bold strategy to supply one million electric vehicles (EVs) to Green SM, a rising ride-hailing service, by 2030. In addition to this, the deal stipulates the addition of four million electric…
The surge in diesel prices, precipitated by conflict with Iran, could hasten the electrification of China’s heavy-duty truck fleet this year, according to market analysts and auto manufacturers. This shift could further expedite the decline in fuel…
In a historic shift, electric vehicles (EVs) constituted 57.6% of new vehicle registrations in the first quarter of this year in Singapore. This marks the first time EVs have outpaced both combustion engine and hybrid models in new registrations. The…
At the 2026 Beijing International Automotive Exhibition, Banma Intelligence, a renowned Chinese tech corporation, partnered with fintech heavyweight Alipay to introduce a pioneering AI-enabled in-car system. This innovative technology allows drivers to…
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