News

Leading Chinese automakers BYD, Chery, and Changan have announced a partnership to streamline battery supply chains amid declining NEV sales.

Nissan cancels $500M US EV investment, redirecting resources to partnerships with Asian suppliers for hybrid powertrain advancements.

Stellantis achieved a return to net profit in the first quarter of 2026, bolstered by robust demand for Jeep and Ram vehicles in North America amid ongoing European challenges.

BYD reported a 55.4% drop in first-quarter profit as weakening domestic sales, subsidy cuts, and intense competition plague China's EV sector.

Chery Automobile has agreed to purchase Nissan's Rosslyn assembly plant in South Africa, marking a significant expansion in its African production capabilities amid regional growth.

Suzuki Motor Corporation is divesting its Rayong plant in Thailand to Ford Motor Company as Chinese brands erode its market share in Southeast Asia.

Toyota's supplier network, including Denso and Toyoda Gosei, warns of aluminum, resin, and logistics shortages within two weeks due to Iran-related disruptions.

Kia CEO announces targeted price cuts in Europe, narrowing the gap with Chinese competitors to 15-20% amid intensifying low-cost EV rivalry.

Toyota's supplier network, including Denso and Toyoda Gosei, warns of aluminum, resins, and logistics shortages within two weeks due to Iran-related disruptions.

Kia CEO announces targeted price cuts and incentives in Europe, reducing the gap with Chinese competitors to 15-20% amid intensifying low-cost EV pressure.

The Global Hot Tapping, Line Stop and Pipeline Intervention Technical Exchange and Exhibition is a premier technical event dedicated to the specialized field of live pipeline operations. Scheduled for October 19–21, 2026,

Stellantis is concentrating investments on four key brands—Jeep, Ram, Peugeot, and Fiat—while leveraging shared platforms for its other 14 brands to enhance efficiency amid ongoing challenges.

CCC in China is hosting the Global Automotive Alliance Open House on April 27, 2026, focusing on supply chain innovations, EV technologies, and strategic industry partnerships.

Stellantis is streamlining its portfolio by concentrating investments on four key brands while leveraging shared platforms for other labels to boost operational efficiency.

SES AI has appointed Yi (Ray) Liu, CFA, CPA, as its new CFO effective today, succeeding Ms. Nealis to drive financial oversight amid advancements in EV battery technology.