Summary

• China automakers are churning out innovative hybrids alongside EVs
• Sales of plug-in hybrids and ‘extended-range EVs’ with gasoline generators are rising fast
• Foreign automakers including VW are rushing to develop more hybrids to keep pace

SHANGHAI, (Reuters) – Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world’s largest auto market. Continue reading “Automakers rush to meet surging China demand for long-range hybrids”

Summary

• Q1 net profit jumps 100.4% to 9.2 billion yuan
• Company had estimated profit of 8.5-10 billion yuan
• BYD has launched a price war for smart EVs

BEIJING, (Reuters) – BYD’s first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home market after launching a smart EV price war. Continue reading “BYD’s quarterly profit surges at fastest pace in nearly two years”

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Source : PTI | Electric two-wheeler firm PURE on Wednesday said it has introduced a battery based 5MWh grid storage product for grid stability and accelarting the integration of renewable energy sources. The PuREPower grid product is expected to find usage across solar and wind projects, large commercial and industrial establishments and across EV fast charging stations on highways.

Addressing a press conference, PURE Founder & MD Nishanth Dongari said the company is set to invest Rs 400 crore in the next 18 – 36 months in energy storage products to expand battery and power electronics production and in-house firmware capabilities, boosting its capacity to 2.5 GWh from the current 250 MWh.

Continue reading “EV firm PURE introduces 5MWh grid storage product; lines up ₹400 cr for capacity expansion”

Continue reading “ID. AURA, ID. ERA and ID. EVO: Volkswagen unveils three concept vehicles in Shanghai”

Summary

• Cooperation on shipbuilding, energy and defence costs potentially on agenda
• Talks seen as ‘opening salvo’, may extend over longer time frame, analyst says
• Political crisis complicates Seoul’s negotiation commitments

SEOUL, (Reuters) – A South Korean delegation will meet U.S. counterparts on Thursday for an opening round of trade talks, with cooperation on shipbuilding and energy expected to be on the agenda, and possibly shared defence costs, as Seoul seeks lower tariffs. Continue reading “South Korea to target lower tariffs in opening round of US trade talks”

(Reuters) – Tesla’s new car sales in Europe dropped 28.2% in March from a year earlier, even as overall battery electric vehicle sales rose 23.6% in the month, according to data from the European Automobile Manufacturers Association (ACEA).

Total new car sales in Europe rose 2.8% in the month, boosted by double-digit jumps in Britain and Spain, as EV gains offset a fall for petrol and diesel cars, the data showed. Continue reading “European car sales rise in March, Tesla drops 28.2%”

Summary

• Porsche sales fell 42% in China in the first quarter
• Sharp decline of legendary brand reflects wider China-market problems for all foreign automakers
• Chinese EV makers moving into premium segments after dominating low-cost EVs

SHANGHAI, (Reuters) – Foreign automakers in China face an increasingly urgent challenge at this year’s Shanghai auto show – winning back Chinese buyers while their domestic rivals churn out slick, affordable electric vehicles at a relentless pace. Continue reading “Even Porsche can’t find its lane in China as foreign automaker sales skid”

Summary

• Show opens as US-China trade war impacts the auto industry
• Chinese regulators have hiked scrutiny of smart-driving features
• Automakers focus on safety messaging, EV products, at show

SHANGHAI, (Reuters) – China’s annual auto shows have become the world’s premier showcase for the rise of ever-cheaper, high-tech electric vehicles from domestic brands in the world’s biggest car market. Continue reading “Trade war, safety concerns take centre stage at Shanghai auto show”

SHANGHAI, (Reuters) – Mercedes-Benz CEO Ola Källenius said on Wednesday the German automaker was urging the European Union to find an “equitable solution” to create a level-playing field for China-made electric vehicles in Europe.

A pure tariff barrier was the “crudest instrument” that could be applied, he told reporters on the sidelines of the Shanghai auto show. Continue reading “Mercedes CEO urges EU to find equitable solution to China-made EV tariff dispute”

Summary

• China’s EV leader expanded to Europe with high
• expectations but saw slow initial sales
• BYD sources said company was slow to offer hybrids, expand dealer network
• BYD has moved swiftly to address problems, hire European execs with local-market knowledge

MILAN/SHANGHAI, (Reuters) – China’s leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers and hire executives with local-market knowledge and to offer hybrids in markets resistant to fully electric vehicles, six current and former BYD executives said. Continue reading “Exclusive: China EV giant BYD reboots Europe operations after strategic stumbles, sources say”

Summary

• Musk to reduce DOGE involvement, focus more on Tesla
• Experts warn Tesla faces long road to brand recovery
• Tesla’s Q1 profit drops 71%, misses estimates

(Reuters) – Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his attention on the electric automaker, but that promise did not entirely dispel worries that his right-wing shift had irrevocably damaged the company’s brand. Continue reading “Investors relieved Musk will refocus on Tesla, but worry about brand damage”

Summary

• Biden’s EPA let California set tougher emissions standards
• Supreme Court limited EPA regulatory powers in prior cases

WASHINGTON, (Reuters) – U.S. Supreme Court justices appeared sympathetic on Wednesday to a bid by fuel producers to challenge California’s standards for vehicle emissions and electric cars under a federal air pollution law in a case involving the Democratic-governed state’s power to fight greenhouse gases. Continue reading “US Supreme Court poised to revive challenge to California emissions standards”

WASHINGTON, (Reuters) – The U.S. Commerce Department said on Wednesday it is opening a probe into national security impacts of imports of medium-duty and heavy-duty trucks and related parts into the United States.

The “Section 232” investigation could form the basis of grounds to impose new tariffs on work trucks, buses, vans and other larger vehicles. Continue reading “Trump administration opens national security probe into imported commercial trucks”

DETROIT, (Reuters) – General Motors is increasing production of transmissions at its Toledo, Ohio facility, shifting away from EV drive unit manufacturing toward parts for gasoline vehicles, the company confirmed Wednesday.

The transmission plant supports production of light-duty trucks made in Fort Wayne, Indiana, along with other facilities. Reuters first reported that GM would increase production at the Indiana assembly plant in early April after U.S. President Donald Trump announced 25% tariffs on auto imports. Continue reading “Exclusive: GM to increase production at Ohio transmission facility”

Source : PTI | In a boost to last-mile connectivity and sustainable transport, the Delhi government is set to roll out 76 electric buses from the Ghazipur depot starting Tuesday, transport department officials said. According to officials, the first batch of these 76 buses will operate from the Ghazipur depot under the Delhi Electric Vehicle Interchanges (DEVI) initiative.

The electric bus service is aimed at strengthening feeder connectivity to metro stations and major Delhi Transport Corporation (DTC) bus routes, with each vehicle expected to cover approximately 12 kilometres.

Continue reading “Delhi to roll out 76 electric buses under ‘DEVI’ initiative to boost last-mile connectivity”

(Reuters) – Treasurers of seven U.S. states have raised concerns about Tesla CEO Elon Musk’s lack of focus on the electric vehicle maker, given its significance in regional industries, innovation and employment.

Tesla deliveries plunged 13% in the first quarter due to backlash against Musk’s politics, as well as rising global competition and people waiting for a refresh of its highest-selling electric vehicle Model Y. Its stock has also fallen about 40% this year. Continue reading “Democratic state treasurers raise concerns over Musk’s lack of focus on Tesla”

(Reuters) – Tesla short sellers are up an estimated $11.5 billion for the year-to-date and positioning is bearish going into the electric vehicle maker’s quarterly results due after market close, according to the latest report from S3 Partners.

Tesla shares have tumbled 40% so far this year and analysts are expecting a weak report as January-March deliveries slid 13%, with market share losses to Chinese rivals, and brand damage stemming from CEO Elon Musk’s political work as part of the Trump administration. Continue reading “Tesla shorts up $11.5 billion for the year with positioning bearish”

SHANGHAI, (Reuters) – FAW’s Chairman Qiu Xiandong said on Wednesday at the Shanghai auto show that Hongqi targets 500,000 vehicle sales in 2025, with half of them new energy vehicles. Continue reading “FAW’s chairman says Hongqi targets 500,000 vehicle sales in 2025”

(Reuters) – Tesla CEO and billionaire entrepreneur Elon Musk has a long history of making ambitious promises and often delivering late. Many of his biggest ideas are still in the works.

Musk has described himself as pathologically optimistic, saying he does deliver in the end, “which is the important thing”. His ambition and success with electric vehicles has turned Tesla into the world’s most valuable automaker. Continue reading “Tesla CEO Elon Musk dreams big but often delivers late”

(Reuters) – Tesla CEO Elon Musk said on Tuesday that the production of its Optimus humanoid robots had been affected by China’s export restrictions of rare earth magnets.

He said China wants assurances that its rare earth magnets are not used for military purposes, adding that the automaker is working with Beijing to get an export license to use rare earth magnets. Continue reading “Musk says Tesla’s Optimus humanoid robots affected by China’s export curbs on rare earths”

Summary

• Musk to reduce time on government work, increase time on Tesla
• Tesla faces uncertainty from tariffs and shifting global trade policies
• Tesla’s auto revenue drops 20%, net profit falls 71% in Q1
• Production ramp of affordable cars to be slower than expected – exec

(Reuters) – Tesla CEO Elon Musk said on Tuesday he would cut back significantly the time he devotes to the Trump administration from next month and spend more time running his many companies. Continue reading “Musk, facing criticism and falling Tesla sales, to cut back DOGE work”

SHANGHAI, (Reuters) – China’s Nio said on Tuesday it would launch its Firefly electric vehicle in Europe in the third quarter, later than initially forecast, after it underestimated challenges involved in sales and service network expansions in the region.

The company unveiled the Firefly brand in December as a rival product to Mercedes-Benz’s Smart and BMW’s Mini and said at the time it would launch it in Europe in the first half of this year. Continue reading “China’s Nio delays Europe launch of Firefly EV to third quarter”

Summary

• Investors await affordable Tesla EV launch amid sales slump
• Robotaxi plans face delays, safety concerns and tariff issues
• Musk’s political involvement impacts Tesla’s brand and stock value

(Reuters) – Tesla investors will be eager to ask CEO Elon Musk two pressing questions when the electric vehicle maker reports results on Tuesday: when will the affordable vehicle launch, and is the robotaxi plan on schedule? Continue reading “Tesla’s affordable EV, robotaxis in focus after Musk backlash, competition hurt demand”

SHANGHAI, (Reuters) – China’s CATL on Monday launched a new brand for its sodium-ion batteries, Naxtra, which it said would go into mass production in December, and a second generation of its fast-charging battery for electric cars.

CATL became the first major automotive battery maker to launch a sodium-ion battery in 2021. Unlike other battery materials, sodium is cheap and abundant, and the chemistry has the potential to reduce fire risks in EVs, experts have said. Continue reading “China’s CATL launches new sodium-ion battery brand”

Summary

• BYD, Geely, Volkswagen among brands to showcase models
• Chinese regulators have tightened scrutiny on automated driving features
• Several Chinese automakers expected to launch rivals to Tesla’s Model Y

SHANGHAI, (Reuters) – More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world’s premier market for electric vehicles and hybrids. Continue reading “At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’”

WASHINGTON, (Reuters) – The U.S. Federal Trade Commission on Monday sued Uber Technologies, accusing it of signing up some Uber One subscribers without their knowledge and making deceptive claims about the service.

The service costs $9.99 a month and offers discounts on fees associated with Uber’s ride-hailing and food-delivery apps. Continue reading “FTC accuses Uber of misleading subscribers”

(Reuters) – Elon Musk’s electric vehicle company Tesla has agreed to settle a wrongful death lawsuit filed by the estate of a man who was killed in 2021 after his Tesla crashed and caught fire near Dayton, Ohio.

Tesla and lawyers for the estate disclosed the settlement in a filing on Monday in federal court in San Francisco but did not reveal its terms. Continue reading “Tesla settles wrongful death lawsuit claiming sudden acceleration in Ohio crash”

Source : PTI | Hyundai Motor India on Monday said SUVs accounted for 68.5 per cent of its overall sales in the last fiscal year, registering a growth of 8 per cent as compared with the 2023-24 fiscal year. The company expects the SUV contribution to cross 70 per cent in one year.

For FY25, the automaker reported sales of 7,62,052 units as compared with 7,77,876 units in FY24.

Its domestic sales stood at 5,98,666 units while export shipments were at 1,63,386 units in the last fiscal year. Continue reading “SUV contribution rises to 68.5 pc of overall sales in FY25: Hyundai”

Summary

Solutions like the Pixel Rear Lamp, Near-Field Ground Projection, and the Thin Lit Line Headlamp define new frontiers in terms of intelligent interaction between vehicles and car design

Marelli, a global technology partner to the automotive industry, will showcase its latest automotive lighting innovations at Auto Shanghai 2025, from April 23 to May 2 at the Shanghai National Exhibition and Convention Center. At the booth characterized by the theme “Fast Forward. Forward Fast.” – located in Hall 1.2H, Stand 1BF009 – the highlights of Marelli’s innovations in automotive lighting technology will be the world’s first OLED TFT applied to the Pixel Rear Lamp, the Near-Field Ground Projection technology, and the revolutionary Thin Lit Line Headlamp. These solutions define new experiences for smart mobility and promote the evolution of automotive lighting through co-creation with customers. Continue reading “Marelli Showcases Forward-Looking Lighting Technology at Auto Shanghai 2025”

Driving the future of automotive excellence with 250 patent filings and 148 design applications

Tata Motors, India’s leading automobile company, has achieved a significant milestone in FY25 by filing 250 patents and 148 design applications — it’s highest-ever in a single year. These filings encompass a broad spectrum of product and process innovations, aligning with key automotive megatrends such as Connectivity, Electrification, Sustainability, and Safety (CESS), as well as emerging technologies like Hydrogen-Based Vehicles and Fuel Cells. Additionally, they cover various vehicle systems, including battery, powertrain, body and trim, suspension, brakes, HVAC, and emission control. The company also filed 81 copyright applications and secured 68 patent grants during the year, bringing its total granted patents to 918. Continue reading “Tata Motors Sets New Record with Highest Patent Filings in FY25”

SEOUL, (Reuters) – South Korea’s Hyundai Motor Group said on Monday that it has signed a memorandum of understanding with Posco Holdings for cooperation on its planned U.S. steel plant.

Posco will make an equity investment in Hyundai Motor Group’s steel factory project in Louisiana, the group said in a press release. Continue reading “South Korea’s Hyundai, Posco agree to cooperate on US steel plant”

Source : PTI | West Bengal Chief Minister Mamata Banerjee on Thursday said she will lay the foundation stone for a 1,600 MW super/ultra-supercritical thermal power plant at Salboni in Paschim Medinipur district on April 21 to be developed by JSW Energy Ltd.

The Rs 16,000 crore project, comprising two units of 800 MW each, was awarded to JSW Energy through a competitive bidding process conducted by the West Bengal Power Development Corporation Ltd (WBPDCL). The greenfield thermal power plant is scheduled for commissioning within five years. Continue reading “Mamata Banerjee to lay foundation stone of JSW’s 1600 MW Salboni power plant on April 21”

Source : PTI | New Delhi: Automobile exports from India rose by 19per cent to over 53 lakh units in the last 2024-25 fiscal year driven by robust demand for passenger vehicles, two wheelers and commercial vehicles in the overseas markets.

Overall exports last fiscal stood at 53.63 lakh (53,63,089) units as compared with 45 lakh (45,00,494) units in 2023-24 fiscal ending March 31, 2024. Continue reading “Auto exports rise 19%, cross 53 lakh units in FY25”

Summary

• Three of Buick’s top-sellling vehicles are made in South Korea and China and subject to tariffs
• Tariffs are expected to add thousands to the sticker price of the Envision, Encore, and Envista
• Higher prices threaten Buick’s sales momentum and could threaten its survival

DETROIT, (Reuters) – General Motors’ Buick was on a roll. Sales for the once-stodgy brand were up 39% in the first quarter with a refreshed lineup of compact SUVs including the Envision, Encore GX, and the Envista, its top-selling SUV for under $30,000. Continue reading “Buick finally had cars Americans wanted to buy – then came tariffs”

Summary

• Toyota originally planned to export new RAV4 to US from Canada and Japan -sources
• US production of new RAV4 would start in 2027 if Toyota goes ahead with Kentucky plan -source
• Toyota’s overall output in Canada likely to be maintained -sources
• Trump’s tariffs prompt automakers to rethink supply chains

TOKYO, (Reuters) – Toyota is considering producing the next version of its top-selling RAV4 SUV in the United States, three people familiar with the matter said, becoming the latest automaker to rethink supply chains to lessen the hit from U.S. tariffs on imported vehicles. Continue reading “Exclusive: Toyota weighs adding US production of new RAV4 in response to tariffs, sources say”

Summary

• Volvo to lay off up to 800 workers due to market uncertainty
• Trump’s tariffs impact global trading and consumer confidence
• Heavy-duty truck orders hit by freight rate uncertainty and tariffs

NEW YORK, (Reuters) – Volvo Group plans to lay off as many as 800 workers at three U.S. facilities over the next three months due to market uncertainty and demand concerns in the face of President Donald Trump’s tariffs, a spokesperson said on Friday. Continue reading “Volvo to cut up to 800 US jobs as Trump’s tariffs bite”

Summary

• Ford halts SUV, truck shipments to China due to tariffs
• Exports of engines, transmissions to China continue despite vehicle pause
• Ford may raise vehicle prices if tariffs persist, internal memo reveals

(Reuters) – Ford Motor said on Friday it has halted shipments of its SUVs, pick-up trucks and sports cars to China, as it starts to face the heat from retaliatory tariffs that have seen vehicles face taxes as high as 150%. Continue reading “Ford halts shipments of vehicles to China amid tariffs”

Summary

• Tesla’s plans for affordable Model Y delayed by at least several months, sources say
• Tesla aims for 250,000 cheaper Model Ys in US in 2026
• Tesla faces challenges: aging models, Musk political activity, tariffs

SAN FRANCISCO/NEW DELHI/SEOUL (Reuters) – Tesla’s long-awaited plans for an affordable car include a U.S-made, stripped-down version of its best-selling electric SUV, the Model Y, but the production launch has been delayed, three sources with knowledge of the matter told Reuters. Continue reading “Exclusive: Tesla to delay US launch of affordable EV, a lower-cost Model Y, sources say”

(Reuters) – Tesla has settled a racial discrimination lawsuit by a Black female employee who claimed a manager at its Fremont, California, plant sometimes greeted workers by saying “welcome to the plantation” or “welcome to the slave house.”

Raina Pierce, who installed latches on car doors, and the automaker led by billionaire Elon Musk agreed to a settlement proposed by a mediator, according to a joint filing on Thursday in San Francisco federal court. Continue reading “Tesla settles Black employee’s lawsuit alleging pervasive harassment”