EU plans law fair vehicle data access for insurers and leasing companies
The data includes information on driving habits, fuel consumption, and tyre wear
Tesla offers RMB 8,000 insurance subsidy for Model 3 buyers in China
Tesla China’s total sales reach 93,926 vehicles in January-February 2025, down 28.74% from 131,812 units in 2024
General Motors hires first Chief AI Officer to enhance vehicle technology
Barak Turovsky will join GM's software and services engineering team, reporting to Dave Richardson, SVP of the department
BYD raises $5.59 billion in Hong Kong’s largest share sale in four years
The company sells 129.8 million primary shares, up from the initial 118 million shares planned when the deal launches on Monday
Nishat Motors starts exporting Hyundai Santa Fe Hybrid to Sri Lanka
The move aligns with government policies, international standards, and the company’s dedication to Pakistan’s economic growth
BYD to raise up to $5.2 billion through Hong Kong stock offering
The deal comes amid rising momentum in Hong Kong’s equity market, as investors bet on a potential recovery in economic growth
Tesla’s market share declines in Europe as sales drop over 40%
Tesla registrations drop 42% in Sweden, 48% in Norway and Denmark, and 45% in France
OpenAI partners with Chip Ganassi Racing in first motorsports collaboration
The partnership aims to integrate OpenAI’s AI technology into Ganassi’s operations, boosting on-track performance and front-office efficiency
BYD begins vehicle deliveries in Pakistan through its local partner Mega Motor CompanyÂ
Customers in Karachi, Lahore, and Islamabad are the first to receive their BYD vehicles
Toyota’s global production rises 6% in January, first increase in a year
The automaker produces 781,729 vehicles worldwide, with a 22% increase in Japan offsetting declines in overseas production
China’s Baidu and CATL to develop competitive driverless vehicle models
Baidu will contribute its AI capabilities to support CATL’s digital transformation at the chip, platform, and application levels
Japanese automakers raise concerns over tax refunds, export hurdles in Pakistan
Industries minister assures Japanese automobile companies of smooth business operations
Tesla’s valuation falls under $1 trillion for first time since November
Despite Tuesday’s decline, Tesla holds a $981 billion market cap and remains worth more than twice the combined value of General Motors, Ford, Volkswagen, Toyota, Hyundai, and BMW
Google loses EU court battle over Android Auto interoperability case
The decision upholds Italy’s 2021 antitrust ruling, which fined Google $106.7 million for blocking Enel X Italia’s app from Android Auto
Kia recalls 137,256 vehicles in the U.S. due to risk of engine damage
The recall affects select 2021-2023 Seltos and Soul models, according to the auto safety agency