Author: News Desk

Volkswagen revealed on Friday that tariffs imposed by U.S. President Donald Trump have resulted in a financial loss of €1.3 billion ($1.5 billion) for the company in the first half of the year, contributing to a decline in overall profits. The company has since revised its operating profit margin forecast for the year to between 4% and 5%, down from the earlier estimate of 5.5% to 6.5%. It now expects full-year sales to remain flat, rather than achieving the previously projected growth of up to 5%. Volkswagen is the newest addition to the growing list of top automakers reporting multi-billion-dollar…

Hyundai UK has slashed EV prices across its lineup, joining other automakers after the UK government unveiled its new EV grant, a scheme fraught with complexities and limitations. Hyundai has become the latest automaker to react to the government’s complex Electric Car Grant by cutting prices across its entire electric vehicle lineup, including models that clearly won’t qualify for any subsidies. The brand is offering a self-funded discount of up to £3,750, exclusively for retail buyers. The compact Inster benefits from the full £3,750 reduction, bringing its starting price below £20,000. Other models, including the Kona Electric, Ioniq 5, Ioniq…

Mercedes-Benz is steadily progressing toward series production of solid-state batteries, according to Markus Schäfer, the company’s head of development. The company also plans to launch an electric vehicle equipped with solid-state battery technology by the end of the decade. Mercedes has partnered with U.S.-based startup Factorial Energy to bring solid-state battery technology to market. In September, the two companies introduced the Solstice, an all-solid-state battery designed to power Mercedes’ next-generation electric vehicles. These cutting-edge batteries are expected to boost driving range by up to 25%, marking a significant step forward in EV performance and efficiency. Earlier this year, Mercedes achieved…

Hyundai’s motorsport-inspired Elantra N TCR Edition is gearing up for its Canadian debut, with Hyundai Auto Canada officially revealing the Canadian specifications for the 2026 model. Built for driving enthusiasts, the Elantra N TCR combines race-bred performance with bold track-inspired styling to deliver an exhilarating and immersive driving experience. The sedan boasts a striking Carbon Swan Neck Spoiler, lightweight 19-inch N TCR forged wheels, and a robust N Performance Brake System. Buyers in Canada can choose between a 6-speed manual gearbox or an 8-speed dual-clutch transmission. The model will be offered exclusively through custom orders, with pricing starting at CAD…

Honda Prologue and Acura ZDX electric vehicle owners can now access more than 23,500 Tesla Superchargers, as the automakers join Tesla’s nationwide DC fast-charging network. Honda and Acura are the newest non-Tesla automakers to use Tesla’s Supercharger network in the U.S., joining a growing list that includes Rivian, General Motors, Ford, Volvo, Mercedes-Benz, and Hyundai. To access Tesla Superchargers, Honda Prologue and Acura ZDX owners must use a manufacturer-approved NACS-to-CCS1 adapter. Since both models come with CCS1 charging ports, an NACS-to-CCS1 adapter is required to connect to Tesla’s dispensers, as most Superchargers across North America use Tesla’s proprietary NACS connector.…

BYD plans to delay the start of mass production at its new electric vehicle plant in Hungary until 2026 and plans to operate the facility below full capacity for the first two years. Meanwhile, the company is prioritizing an earlier production launch at its Turkish plant, driven by cost-related factors, according to a report by CnEVPost, citing Reuters. BYD’s €4 billion ($4.64 billion) facility in Szeged, southern Hungary, is slated to begin mass production in 2026. However, output for that year is expected to reach only a few tens of thousands of vehicles, far below its initial annual capacity of…

The China Urban Public Transport Association Network Car Club has declared that Beijing has officially banned internal combustion engine vehicles (ICEVs) from ride‑hailing platforms from July 20. As a result, not only vehicles that fall short of the National VI emission standard but also those that comply with it are now prohibited from platform access. Only new energy vehicles (NEVs) bearing green license plates will be permitted to operate in the city’s ride-hailing sector. According to reports, some drivers in Beijing who registered gasoline-powered vehicles on ride-hailing platforms received notifications stating that the cars did not meet the eligibility criteria…

Tesla is undergoing a five-day courtroom battle in Oakland, as the California Department of Motor Vehicles (DMV) alleges that the company deliberately misrepresented the true capabilities of its Autopilot and Full Self-Driving technologies. The California DMV is seeking to suspend or revoke Tesla’s dealership license, accusing the company of deceiving consumers by suggesting its cars were essentially self-driving—a claim the agency disputes as inaccurate. According to Bloomberg, the complaint stems from Tesla’s marketing efforts in 2021 and 2022, which the DMV believes presented a misleading portrayal regarding the vehicles’ true capabilities. Legal proceedings began this week with a hearing now…

Self-driving vehicles may appear on UK roads in the coming months, as the Labour government advances new legislation. Under the proposed framework, autonomous taxi, private-hire, and bus services could begin public deployment as early as next March, following accelerated pilot programs. The move follows the government’s launch of a public consultation on the Automated Passenger Services (APS) permitting scheme, designed to gather input on the regulation of self-driving vehicles. The consultation will explore key areas such as safety, technological innovation, accessibility, and the development of ‘world-leading’ regulatory standards. Officials believe the wider use of autonomous vehicles could lead to a…

China plans to ban the resale of newly registered vehicles within six months in an effort to curb the widespread practice of inflating sales figures using ‘zero-mileage’ used cars. China’s Ministry of Industry and Information Technology is weighing a proposal to prohibit the resale of newly registered vehicles within six months, a move widely viewed as a decisive step against the controversial zero-mileage used car market, where cars are sold as second-hand despite having never been driven. The proposed ban represents Beijing’s first major push to address the longstanding issue in the sector while promoting greater transparency and fairness in…