BusinessAutomotive
Detroit's $53 Billion EV Wipeout: Can American Auto Survive?
Detroit's Big Three have destroyed $53 billion in EV investments as Chinese automakers surge. An analysis of the crisis facing the American auto industry.
—5 min read
Category
Automotive
25 articles
BusinessAutomotive
Subaru Recalls 541,000 SUVs Over Incorrect Weight Labels
Subaru recalls 541,237 SUVs including Ascent, Forester, and Crosstrek over incorrect weight rating labels that could lead to overloading and crash risk.
—5 min read
BusinessAutomotive
Seres Swings to $206M Loss as Huawei Partnership Costs Bite
Chinese EV maker Seres forecasts H1 2026 loss of 1.5-1.8 billion yuan, swinging from profit, as the 'Huawei tax' and rising costs pressure margins.
—4 min read
EconomyAutomotive
Volkswagen Plans 1 Million Capacity Cut in China, Europe
Volkswagen plans to cut 1 million vehicles of capacity in China and Europe and halve its lineup, as the board rejects management's restructuring plan.
—5 min read
AutomotiveEconomy
China's NEV Sales Surpass 7.4 Million Units in H1 2026
China's NEV production and sales exceeded 7.4 million units in H1 2026, with June market share reaching 58.5%. Exports surged 120% YoY.
—4 min read
AutomotiveEconomy
China's Auto Exports Shift from Scale to Value-Driven Growth
China's auto exports hit 5.1M vehicles in H1 2026 as the industry shifts from volume-driven to value-driven growth, led by NEV technology.
—5 min read
TechnologyAutomotive
China's New EV Battery Standards: No Fire, No Explosion
China's new GB 38031-2025 standard for EV batteries takes effect, upgrading from a 5-minute fire warning to requiring no fire or explosion at all.
—5 min read
BusinessAutomotive
Ford Recalls Over 110,000 Mustang Models Over Safety Defects
Ford recalls 110,626 Mustang vehicles across two campaigns for windshield wiper and rear differential defects affecting 2021-2026 models.
—4 min read
AutomotiveEconomy
China's Toughest EV Safety Standards Reshape NEV Industry
China's new EV safety standards mandate no-fire-no-explosion batteries and physical one-touch power-off, reshaping the NEV industry with higher costs.
—5 min read
BusinessAutomotive
BMW Invests $1.7B in SC, Unveils First U.S.-Built EV
BMW completes $1.7B South Carolina investment, unveils fifth-gen X5 with five drivetrain options including the electric iX5 built in the U.S.
—5 min read
AutomotiveBusiness
Ford Recalls 741,000 Vehicles Over Park System Rollaway Risk
Ford recalls 741,195 vehicles in the U.S. due to a park system defect that could cause rollaways. See affected models and what owners should do.
—4 min read
TechnologyAutomotive
World's First Global Autonomous Driving Regulation Approved
UN forum approves first global technical regulation for autonomous driving systems, co-led by China, EU, US, UK, Canada and Japan.
—4 min read
EconomyAutomotive
Zhejiang Challenges Anhui for China's Top NEV Province Title
Zhejiang challenges Anhui for China's top NEV production title, with the lead changing hands multiple times in 2026 amid fierce regional competition.
—5 min read
TechnologyAutomotive
Tesla Used Misleading Data to Secure European FSD Approvals
A Reuters investigation reveals Tesla presented inflated safety data to European regulators to secure approval for its Full Self-Driving technology.
—6 min read
TechnologyAutomotive
China's Toughest EV Safety Standards Take Effect July 1
China's new EV safety standards require 'no fire, no explosion' batteries and physical power-off disconnection, reshaping the world's largest auto market.
—5 min read
AutomotiveSafety
Honda Recalls 880,000 Vehicles Over Rear Suspension Defect
Honda recalls 880,514 vehicles including Pilot, Ridgeline, Passport, and Acura MDX over rear subframe corrosion defect in 23 salt-belt states.
—4 min read
AutomotiveSafety
Xiaomi SU7 Ultra Fire in Nanchang: Battery Fire Ruled Out
A Xiaomi SU7 Ultra caught fire on a bridge in Nanchang with no collision. Xiaomi says battery data shows no thermal runaway; investigation ongoing.
—4 min read
Business & EconomyAutomotive
SAIC Motor to Build $232M Plant in Spain, Dodging EU Tariffs
Chinese automaker SAIC Motor will invest €200M in a Spanish plant for its MG brand, bypassing EU tariffs of 45.3% on Chinese-made EVs.
—5 min read
TechnologyAutomotive
BYD Unveils First In-House 4nm Autonomous Driving Chip
BYD unveils its first in-house 4nm autonomous driving chip, the Xuanji A3, with L3/L4 capability and 700 TOPS, marking a milestone in China's EV chip race.
—5 min read
AutomotiveTechnology
Ferrari Unveils Luce, Its First Electric Car, at €550,000
Ferrari launches the Luce, its first EV, priced at €550,000. The four-door features 1,035 hp, a Jony Ive design, and polarizing market reactions.
—5 min read
BusinessAutomotive
Ferrari's Electric Luce Sparks Investor Backlash and Fury
Ferrari's first electric car, the Luce, faces fierce backlash from investors and enthusiasts after its Rome unveiling, with shares dropping 6%.
—5 min read
TechnologyAutomotive
Ferrari Unveils First Fully Electric Car: The €550,000 Luce
Ferrari unveils its first fully electric vehicle, the Luce, priced at over €550,000. The 1,050-hp EV marks a historic shift for the iconic automaker.
—5 min read
BusinessAutomotive
Ferrari Unveils First EV, the Luce, with $640K Price Tag
Ferrari reveals its first fully electric vehicle, the Luce, starting at $640,000. The controversial design and 1,035-hp powertrain mark a historic shift.
—4 min read
TechnologyAutomotive
Tesla FSD Supervised Now Available in China at Last
Tesla launches FSD Supervised in China after years of regulatory hurdles. The rollout follows Trump's state visit with Elon Musk as a business delegate.
—4 min read
EconomyAutomotive
Stellantis Launches Affordable E-Car Project for Europe
Stellantis announces E-Car project to produce small, affordable EVs starting in 2028 at its Pomigliano plant in Italy, targeting the European market.
—4 min read