Chinese EV manufacturers are incorporating advanced technologies like AI assistants, VR digital cockpits, and innovative entertainment systems, appealing to young drivers and setting them apart globally.
Despite a slowdown in China's ultra-luxury car market, a growing segment of younger, professionally diverse drivers are opting for top-end EVs from domestic brands, prioritizing technology and driving experience over traditional luxury prestige.
Malaysian officials Redzuan Abd Rahman and Mohamad Termizi HJ Piee stated that economic ties between Malaysia and South Korea have entered a new phase, offering vast opportunities for South Korean companies to use Malaysia as a gateway to ASEAN.
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.
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.
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 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.
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.
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.
A nearly five-hour Telstra mobile outage disrupted train lines, traffic lights, and payments across Australia. Caused by time-keeping server synchronization issues, the root cause remains unknown. Experts suggest mandating multi-carrier routing for essential services and businesses to improve resilience.
The EU's current trade disputes with China share similarities with the 1970s-80s trade conflict between Europe and Japan, particularly concerning fears of import competition undermining domestic production in sectors like autos and electronics. However, China's geopolitical status as a "systemic rival" distinguishes it from Japan, which was a political ally.
Stellantis-backed Leapmotor reported record electric vehicle deliveries of 93,376 units last month, a 94.5% year-on-year increase. The company, which offers midsize EVs at about half the price of Tesla models, has seen sales jump due to technological advancements and new models.
Delhi government has officially notified the Delhi Electric Vehicles Policy 2026, effective July 1, 2026, until March 31, 2030. The policy aims to boost EV adoption with tax exemptions, subsidies for two and three-wheelers, and a Rs 15,000 crore investment for charging infrastructure.
Delhi's new Electric Vehicles Policy 2026, effective July 1, 2026, offers full road tax and registration exemptions for electric cars under Rs 30 lakh. It mandates electric auto-rickshaw registrations from January 2027 and phases out petrol/CNG two-wheeler registrations by April 2028, with subsidies for e-two-wheelers.
Goldman Sachs has significantly raised its forecast for China's passenger vehicle exports, projecting 7.8 million units in 2026 and 10 million by 2030. This increase is driven by the accelerating exports of competitive new-energy vehicle models and China's consolidating foothold in the global auto market.
A record 156 new car models are expected to launch in the Chinese market in the second half of 2026, with 90% being EVs. This influx is intensifying competition and raising concerns about profitability for smaller players amidst a looming price war.
Polestar will cease selling its 2027 model year and beyond electric vehicles in the US after the federal government denied authorization under a new rule banning vehicles with software from "countries of concern," including China. The Geely-owned automaker will continue existing sales but shift focus to Europe and other markets.
Toyota is significantly closing the U.S. sales gap with General Motors, driven by strong hybrid demand and a slowdown in all-electric vehicle sales. Cox Automotive forecasts Toyota's sales up nearly 1% and GM's down 7.2% in H1, suggesting Toyota could potentially surpass GM by year-end.
