Uber to Invest $200 Million in New Tech Centre in Istanbul

Global Carmakers Warn of Production Cuts Amid Nexperia Chip Dispute

The standoff comes amid a broader trade tension, with China tightening export controls on rare earths and battery materials critical to electric vehicles. Bilateral talks between Chinese President Xi Jinping and former U.S. President Donald Trump on Thursday raised hopes of a deal that could stabilize supply chains for sectors ranging from automotive to electronics.

Tesla to Debut Cybercab in Asia-Pacific at Shanghai Expo

Geely Picks Greenwich to Launch First Global EV as It Targets Europe's New Energy Frontier

For Geely, one of China's largest private carmakers, the launch marks a strategic inflection point. It's no longer about exporting cars—it's about embedding itself in the heart of Europe's industrial and technological supply chain.

Toyota Says No Immediate Chip Shortage from Nexperia Restrictions, CEO Says

Mercedes Reports 31% Profit Drop on China Slowdown and U.S. Tariffs

Brazil Warns Automakers May Shut Down Within Weeks Amid Global Chip Shortage

Neolix Raises $600 Million in Landmark Series D to Expand Autonomous Delivery Fleet

Looking ahead, Yu said autonomous delivery vehicles are likely to become the first sector within the AI field to see explosive growth. By 2027, domestic and overseas demand is expected to surpass 100,000 units, with major Chinese cities such as Beijing, Shanghai, and Guangzhou each operating thousands of autonomous delivery vehicles. Industrywide, the total fleet could reach several hundred thousand vehicles.

China EV Maker Seres Targets Up to $1.7 Billion in Hong Kong Share Sale

Porsche Profit Plunges 99% as Luxury Carmaker Warns of “Challenging” China Market