Chinese carmaker Geely to take its EV unit Zeekr private in $6.83 billion deal
Geely owns about 62.8% of Zeekr and plans to buy the remaining shares at $2.687 per share, or $26.87 per American depositary share
Auto industry seeks clarity on restrictions for ineligible individuals booking or purchasing vehicles under Finance Act 2025
FBR urged to define eligibility process to prevent delays in vehicle purchases and registrations
Pak Suzuki sounds alarm on tariff cuts, warns of ‘Irreversible’ damage to local auto industry
Company calls for policy rethink amid 40% tax burden, rising used car imports, and uncertainty over EV investment
India gets highest-priced Model Y among major markets
The Model Y starts at about $70,000 in India, compared to $44,990 in the United States, $36,700 in China, and $53,700 in Germany
Global EV sales reach 1.8 million in June, up 24 percent from last year
China leads with a 28% increase to 1.11 million vehicles, while Europe sees a 23% rise to about 390,000 units
Chery and BYD linked to $53 million in China’s $121 million EV subsidy audit
Out of 21,725 ineligible vehicles from 2016 to 2020, Chery claims $33 million for 8,760 units and BYD $20 million for 4,900
Tesla to open first India showroom in Mumbai on July 15
The company is currently focusing on selling imported vehicles in India rather than setting up a local manufacturing unit
Tesla has not applied for California robotaxi permits, says regulators
That permit allows the company to operate chauffeur-style services, including pre-arranged employee transport
Tesla vehicles to get Grok AI assistant next week, says Musk
Grok is expected to function as a voice assistant, helping with tasks such as navigation, adjusting car settings, and answering user questions
Tesla to expand robotaxi service to San Francisco area, Musk says
Tesla, facing declining EV sales, is betting its future on self-driving robotaxis and AI-powered humanoid robots
Uber signs on as official mobility provider for Los Angeles Olympics in 2028
Uber will providing cars, bikes, and scooters for transport, while Uber Eats will deliver meals to athletes and offer mobile ordering
Tesla faces pressure to hold annual shareholder meeting as sales decline
The group says Tesla is close to missing a legal deadline under Texas law, which allows shareholders to ask a court to require a meeting
SUV price war heats up: MG holds ground, Hyundai offers Santa Fe discounts, Haval remains steady
Kia hikes, Hyundai U-turns, MG absorbs, and Haval stands firm—automakers clash over who bears the cost as taxes, freight, and rupee volatility squeeze margins
Dewan Farooque Motors begins production of 300 KM range electric vehicles
New 300 KM range highlights company’s commitment to advancing electric mobility in Pakistan
China sets up platform for auto suppliers to report auto makers over late payments
China's industry ministry says it would now accept complaints online to help small suppliers and ensure automakers follow rules