Economists and experts warn that proposed EV policy moves in Malaysia, including a potential sales levy and changes to import tax exemptions, could raise costs and weaken the nation's appeal as a manufacturing hub as charging infrastructure lags behind targets.
Australian household spending increased by 0.8 per cent in June, driven by rising transport and recreation costs, though economists expect growth to soften later in the year.
Electric vehicle sales in India nearly doubled in July, surging 82% year-on-year to 31,788 units, driven by higher fuel prices due to the US-Iran war. This boosted EVs' share in new car sales to 7.8%, with major automakers like Maruti Suzuki, Kia, and Tata Motors ramping up production to meet demand.
U.S. auto companies like Stellantis and startups are investing in electric low-speed vehicles (LSVs) as an affordable alternative to traditional cars, with President Trump also supporting smaller vehicles. The market, currently small, is projected to grow significantly by 2030, offering a new mobility solution.
Contemporary Amperex Technology Ltd (CATL), the world's largest EV battery producer, unveiled its new Shenxing product series at an event in Beijing. The next-generation batteries feature advanced technology to manage heat during fast charging, enhancing safety and efficiency.
AAP convener Arvind Kejriwal announced a march to the PM's residence on Tuesday to protest E20 fuel, demanding consumers choose between pure petrol and E20, lower E20 prices, and petrol below Rs 84/litre, citing vehicle damage and reduced mileage.
A Nanjing University study indicates that China's EV recycling could supply most key materials for EV components by 2050, despite economic challenges and evolving battery chemistries. This hinges on effective recycling chains and policies like battery passports and increased recycling rates.
Ferrari CEO Benedetto Vigna expressed satisfaction with the Luce all-electric vehicle's launch, despite initial criticism and a stock decline. The company's order books are full through 2027, and the Luce's initial sales quota was reportedly filled quickly.
A detailed Australian survey reveals organised anti-wind and solar campaigns have successfully eroded community support, while enthusiasm for electric vehicles surged following Donald Trump's attack on Iran. Despite this, home batteries and rooftop solar maintain high 'deep support'
Chinese battery giant CATL reported record second-quarter revenue of 147.79 billion yuan and net profit of 22.5 billion yuan, up 56.92% and 36.5% year-on-year respectively. However, these figures slightly missed market estimates, attributed to weakening EV demand in China. The company also announced a plan to buy back up to 40 billion yuan in shares.
Apple Maps will be the official navigation system for Ford's future electric vehicles, integrating directly into the Universal Electric Vehicle (UEV) platform. This partnership, facilitated by Apple's MapKit for Automotive SDK, also supports the development of Ford's BlueCruise hands-free driving system.
China's Geely and Ford Motor announced a new manufacturing joint venture to produce electric vehicles at Ford's Valencia, Spain plant, with operations starting in 2027 and production in 2028. Ford will hold a 66% stake, Geely 34%, aiming to compete in the European EV market amidst global competition and tightening regulations.
Geely and Ford have established a joint venture to assemble multi-energy and electric vehicles at Ford's idle Almussafes factory in Valencia, Spain, with deliveries expected to start in 2028. Geely will hold 34% and Ford 66% of the venture, aiming to optimize factory utilization and secure employment.
Chinese auto-giant Geely will utilize an idle Ford factory in Almussafes, Valencia, Spain, to manufacture electric vehicles for the European market. Spanish Prime Minister Pedro Sanchez announced the deal, which allows Geely to circumvent EU tariffs on Chinese-made EVs and preserves industrial activity at the facility.
Apple introduces MapKit for Automotive, enabling direct Apple Maps integration into Ford's next-gen electric vehicles, starting with a midsize truck in 2027. This enhances navigation, EV routing, and feeds data to Ford's BlueCruise driver assistance system.
Luxury car sales in China dropped significantly last month and in the first half of the year, with brands like Mercedes-Benz and Land Rover experiencing declines as wealthy consumers increasingly favor electric vehicles due to rising crude oil prices.
Chinese EV maker BYD aims to compete with Porsche's supercars by launching its Denza-branded premium models in developed markets, signaling its growing expertise in high-end EV design and manufacturing.
China's electric vehicle industry is being examined as a potential blueprint for developing countries to foster their own domestic champions. Electrification has lowered traditional entry barriers, and China's vast supply chain offers a faster foothold for aspiring carmakers.
Options traders anticipate a significant post-earnings move for Tesla stock, implying a 5.76% swing, the largest since October 2025. Bullish call options dominate trading ahead of Wednesday's report, despite Tesla's historical muted earnings reactions, while SpaceX's upcoming earnings also weigh on investor sentiment.
Ford is overhauling its electric vehicle strategy, discontinuing models like the F-150 Lightning and taking significant financial writedowns. The company is now pivoting to focus on hybrids and a new family of low-cost EVs, including a $30,000 midsize truck by 2027, alongside leadership changes in its EV and software teams.
Xiaomi is intensifying its electric vehicle (EV) research and development, announcing a new SUV line called Sky Nomad to counter slowing domestic sales and compete with rivals like Li Auto and Xpeng. Analysts anticipate the new models will feature extended-range battery technology.
Singapore's COE premiums for cars and EVs saw a significant increase in the latest bidding exercise. Category A premiums rose 4.2% and Category B premiums jumped 6% to S$130,889, ahead of the December 31 expiry of EV adoption incentives.
Electric vehicles (EVs) are becoming more popular but cost 30% more to repair and take 14% longer than petrol cars, leading to 10-25% higher insurance premiums. Design choices like component integration and expensive batteries contribute to repair costs, often resulting in cars being written off after minor damage. Efforts are underway to make EVs easier and cheaper to repair, which could lower insurance costs.
Fiat's new Topolino EV, priced at $13,995, offers a 46-mile range and a 19mph top speed, positioning it as a micromobility vehicle rather than a traditional car. Designed for urban use and short trips, it faces challenges in the US market due to historical low sales of small cars.
