Musk warns Tesla could face rough quarters as government EV support drops
Tesla reports a 12% revenue drop in the April to June quarter, falling to $22.5 billion from $25.5 billion a year earlier
BYD Pakistan to launch first plug-in hybrid electric pickup, Shark 6
The company plans to launch its first locally assembled vehicle by mid-2026, producing 25,000 units a year, says BYD Pakistan's VP of Sales and Strategy
China issues ethical rules for autonomous driving technology
China's science and technology ministry is asking developers to focus on user safety and avoid false claims in research publications
U.S. auto group criticizes lower tariffs on Japanese imports
A group representing General Motors, Ford, and Stellantis raises concerns that the deal could disadvantage U.S. industry and workers
U.S. and Japan sign major trade deal cutting auto tariffs
The agreement cuts U.S. tariffs on Japanese autos from 27.5% to 15% and lowers upcoming duties on other Japanese goods from 25% to 15%
U.S. builds just 384 EV charging ports under $7.5 billion program
Government Accountability Office says the joint office overseeing the effort has not set performance goals with clear targets or time frames
China’s Zeekr denies ‘zero-kilometre used car’ allegations
The company forms a task force to review the matter and says it takes corrective steps if needed to ensure transparency and improve customer experience
Google’s robotaxi Waymo expands Austin service area to 90 square miles
Tesla continues to face challenges in scaling the service and navigating regulatory issues
Uber to invest $300 million in U.S. automaker Lucid to launch robotaxi service
Lucid to provide 20,000 gravity SUVs equipped with Nuro self-driving tech for Uber’s U.S. robotaxi fleet
Auto financing reaches Rs276.6bn in June, but rising car prices may slow growth
Car loan growth continues with low interest rates, but still remains below the peak of Rs368 billion seen in June 2022
Tesla prepares to launch six-seater Model Y L in Chinese market
Tesla shares a teaser on its China Weibo account showing a side profile of the new model, along with the caption, 'Model Y L, see you in the fall'
Honda Atlas exports first batch of cars to Japan
Company exports 38 units, reports 42% increase in revenue, but warns of high costs and lack of government support for large-scale exports
Waymo expands driverless service across major U.S. cities amid Tesla rivalry
Waymo operates around 1,500 vehicles and offers robotaxi services in San Francisco, Los Angeles, Phoenix, Austin, Atlanta, and other Bay Area locations
Uber and Baidu partner to launch robotaxis outside U.S. and China
Baidu currently operates a fleet of more than 1,000 autonomous vehicles and has completed over 11 million rides in cities including Dubai and Abu Dhabi
BYD unveils smart connectivity with leading Chinese smartphones
The system is designed to work with major Chinese smartphone brands, including Huawei, Xiaomi, Oppo, and Vivo