The new electric sportbike just launched in Germany is capturing attention with its bold design and exhilarating performance. As it gears up to enter the US market, excitement is building-could this be the revolutionary ride that takes on the iconic gasoline-powered legends?
Browsing: automotive industry
A U.S. trade negotiator has unveiled exciting progress on a deal aimed at shielding Japan from increased car tariffs, seeking to ease tensions and supercharge automotive trade between the two nations, sources told Automotive News
Japanese Finance Minister Akira Amari has hinted at a potential breakthrough with the US that could shield Japan from higher car tariffs, Bloomberg reports. This promising development could ease trade tensions and provide a significant boost to the auto industry. Negotiations are ongoing
France has recently reached out to Renault to explore an exciting collaboration in drone production, a move confirmed by the automaker. This partnership is set to strengthen France’s domestic drone capabilities in response to growing defense needs, sources reveal
China’s ultra-affordable electric vehicles are revolutionizing the domestic market, sending shockwaves through established automakers and regulators alike. Growing concerns over quality, safety, and the potential ripple effects on industry stability are sparking fierce debate
Brazilian prosecutors have taken a bold step by filing a lawsuit against Chinese automaker BYD, accusing the company of serious labor rights violations. This high-profile case brings urgent attention to growing concerns over labor practices in Brazil’s fast-growing electric vehicle industry
Tesla is now grappling with eight consecutive months of declining sales in China, while local rival BYD continues to surge ahead. This dramatic shift in the electric vehicle landscape highlights the mounting challenges Tesla faces in its most vital growth market
Honda proudly stands as a Founding Partner of the LA28 Olympic and Paralympic Games and the Official Automotive Partner of Team USA, showcasing its commitment to innovation and community spirit as the anticipation for the upcoming Games reaches new heights
Kia has chosen to skip manufacturing the EV4 electric vehicle in the USA, opting instead to focus production on other strategic markets. This decision underscores their dynamic approach as global demand for EVs accelerates rapidly
Exclusive: Automakers are sounding the alarm as China’s tight grip on rare-earth exports threatens to throw global production lines into chaos, underscoring the industry’s heavy reliance on these vital materials amid escalating geopolitical tensions, Reuters reports
Brazil has launched a ₹300 crore lawsuit against China’s BYD, accusing the company of imposing “slave-like” working conditions on its employees. This bold legal move shines a spotlight on mounting concerns over labor rights in global business practices
Japan’s top automakers are joining forces to create cutting-edge AI-powered self-driving cars, aiming to lead the global race and fast-track innovation, Nikkei Asia reports. This bold alliance marks a significant leap forward in autonomous vehicle technology
Brazilian prosecutors have filed a lawsuit against Chinese carmaker BYD, alleging poor labor conditions at its factory in the northeastern state of Bahia. The lawsuit claims violations of workers’ rights and calls for improved safety and labor standards.
Exciting news from GAC Group! The company is set to make a splash in the Brazilian automotive market, with ambitious plans to launch a state-of-the-art manufacturing plant by 2026. This strategic move not only enhances their global presence but also positions them perfectly to meet the surging demand for vehicles across South America.
China’s BYD experienced a sharp 8% drop in its shares following the announcement of substantial price cuts designed to invigorate sales. This bold strategy, intended to sharpen its competitive edge in an increasingly crowded market, has sparked worries among investors regarding profit margins and the company’s long-term growth potential.
BYD’s bold vision for expansion in Brazil is hitting some serious roadblocks, as local car manufacturers rally for higher tariffs on imported electric vehicles. These rising trade tensions could put a damper on BYD’s growth ambitions in the fiercely competitive Brazilian market.
As Canada’s auto sector navigates a shifting landscape with its biggest customer exploring new markets, industry experts are rallying behind an ambitious plan. This strategy focuses on revitalizing domestic production, boosting investments in electric vehicles, and enhancing workforce training to ensure a thriving and sustainable future for the industry.
Nissan has unveiled a bold move to trim its global workforce by 15%, as the iconic Japanese automaker faces escalating losses. This decisive action is part of a strategic effort to optimize operations in response to tough market conditions and evolving consumer preferences
Nissan is actively considering the possibility of closing plants in India, Japan, and various other locations as part of a bold global restructuring initiative. This strategic move is designed to streamline operations and boost competitiveness in response to declining demand and evolving market trends
Xiaomi’s electric vehicle (EV) orders in China have taken a notable hit as consumer dissatisfaction grows. The tech giant is under the microscope, facing heightened scrutiny regarding its quality and pricing strategies. This has sparked worries about its competitiveness in the fast-paced EV market.