Han, Seal, Seagull, Yangwang, Denza — and the export machine reshaping the global market. The world’s largest EV maker, watched closely.
Honda Motor Co. cut its annual profit guidance by 21% on Friday, citing a critical semiconductor shortage and plummeting Asian demand while confirming the Japanese automaker now expects electric vehicles to comprise just 20% of global sales by 2030, reports Bloomberg. The announcement marks the latest setback in Honda’s year of cascading retreats from electrification…
Tesla’s October 2025 sales collapsed across Europe, with registrations plummeting by double-digit margins in nearly every major market—just as shareholders vote today on CEO Elon Musk’s nearly $1 trillion compensation package. The timing couldn’t be worse for the embattled EV maker, as the catastrophic sales figures underscore growing questions about whether Musk deserves the largest…
BYD has overtaken Tesla in the United Kingdom’s electric vehicle market, marking a stunning reversal in one of Europe’s largest markets for plug-in cars. The Chinese manufacturer registered almost seven times more new cars than Tesla last month, according to data released Wednesday by the UK’s Society of Motor Manufacturers and Traders (SMMT). The shift…
The European Commission will announce a new regulatory category for affordable small electric vehicles in December, aiming to enable manufacturers to produce EVs priced between €15,000 and €20,000 ($16,000-$21,000) as Chinese competitors continue gaining market share with lower-cost models. European Commissioner for Industry Stephane Sejourne confirmed the timeline during the Automotive Industry D
Tesla’s China-made electric vehicle sales fell 9.9% year-over-year in October 2025 to 61,497 units, reversing a brief September uptick and signaling renewed struggles in the world’s largest EV market. The decline, reported by the China Passenger Car Association, marks a troubling return to the downward trajectory that plagued the automaker for eight consecutive months earlier…
Li Auto is recalling 11,411 of its flagship Mega multi-purpose electric vehicles in China following a dramatic battery fire in Shanghai on October 23, 2025, according to Bloomberg. The recall covers all 2024 Mega models produced between February 18, 2024, and December 27, 2024, citing a coolant defect that could trigger thermal runaway in the…
Volkswagen has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to accelerate hybrid vehicle development across South America, according to Reuters. The German automaker announced Friday it will use the financing to offer hybrid versions of all new vehicles developed and manufactured in the region starting in 2026.…
Ford CEO Jim Farley has escalated his warnings about Chinese automotive dominance to existential levels, declaring that China’s manufacturing capacity could single-handedly destroy the entire North American auto industry. In a stark CBS Sunday Morning interview that aired October 26, Farley compared the Chinese threat to 1980s Japan “on steroids”—his most alarming public assessment yet…
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