Author: News Desk

China’s EV market has become increasingly competitive, with impacts on both the domestic economy and the global auto industry. The country’s automobile industry association has issued a warning about intense competition following a series of price cuts by EV manufacturers, particularly BYD earlier this month. According to Cryptopolitan, BYD achieved its highest monthly sales in May, selling 382,476 vehicles after implementing price cuts of up to 34% in the last few days of the month, as stated in a company announcement on Sunday. Of the total sales, 376,930 were passenger vehicles, with 204,369 being fully electric and 172,561 being plug-in…

Nissan has discontinued its five-speed manual transmission variant of the Versa, a model that has been part of its lineup since 2006, as reported by Autoblog, citing Automotive News. Nissan later confirmed the discontinuation of the manual base S trim for the 2025 Versa, which starts at $17,190. According to an Automotive News report, a combination of tariff impacts and challenges in maintaining profitability contributed to the decision. Despite being the most affordable new car of 2025, Nissan affirmed that the production of other Versa trims will continue as it offers stronger business performance. In 2024, fewer than 5% of…

Zhengzhou Nissan has introduced the Z9, a plug-in hybrid pickup truck designed for the Chinese market. Comparable in size to the Nissan Frontier Pro, the Z9 boasts an all-electric driving range of more than 35 miles. Starting at just $16,600, it offers an affordable entry into the electrified pickup segment. Zhengzhou Nissan, the truck-focused division of the Dongfeng-Nissan partnership, has broadened its Z9 lineup with the GE PHEV. The plug-in hybrid model stands as the electrified counterpart to the locally manufactured Nissan Frontier Pro. Prior to the launch, the company had already introduced gasoline and diesel variants of the Z9.…

The China Association of Automobile Manufacturers (CAAM) on Saturday urged the auto industry to end aggressive price wars, cautioning that such practices threaten the sector’s stability and long-term growth. The appeal follows intense debates among key executives over pricing pressures triggered by significant discounts offered to consumers. “Since May 23, a certain automaker has taken the lead in launching a substantial price drop campaign… triggering a new round of price war panic,” the China Association of Automobile Manufacturers said in a statement. The statement noted that unchecked price wars have escalated fierce competition, squeezing corporate profit margins and negatively impacting…

The UK hit its lowest car production levels in over seven decades last month, as industry experts attributed the decline to the disruptive effects of Trump tariffs and the Easter holiday. Analysts have also raised concerns about an ongoing ‘low-volume crisis’ in the sector, emphasizing the challenges facing the country’s automotive industry. In April, car production in the UK fell to 59,203 vehicles, marking a 16% decline compared to the same period last year. This is the lowest output recorded for April since 1952, aside from 2020, when manufacturing was virtually halted due to Covid-19 restrictions. The Society for Motor…

Momenta AI company’s technology is integrated into a large number of vehicles. Specifically, their Flywheel large language model for assisted driving, which uses deep learning planning and decision-making, has been a key factor in these collaborations From 1 model in 2022, to 8 models in 2023, and then to 26 models in 2024, the number of Momenta ‘s mass-produced models has grown rapidly, and now exceeds 130 models, which will be equipped with Momenta’s full-scenario urban assisted driving solution in the future. Momenta not only cooperates with top international automakers such as Toyota, Nissan, Honda, Volkswagen, Audi, Mercedes-Benz and GM,…

Hyundai Motor Co. plans to increase the prices of all its U.S. vehicles, including electric models, by 1% as soon as next week to offset the impacts of tariffs introduced by President Trump, as reported by Bloomberg. According to ECXL, Hyundai’s latest price adjustment applies only to newly manufactured vehicles, leaving existing dealer inventory unchanged. The 1% increase, though relatively small, could still raise vehicle costs by several hundred dollars. For instance, the electric Hyundai Ioniq 5, which starts at around $42,000, may see a price rise of approximately $420. The price revision comes as a direct response to tariffs…

Volvo Cars has halted operations at its Ridgeville, South Carolina, plant for the time being due to a lack of essential parts, highlighting ongoing challenges in the automotive supply chain. Volvo’s Ridgeville plant, a key hub for its U.S. electrification strategy, focuses on producing the all-electric EX90 SUV. However, a shortage of critical components has led to a temporary production suspension, declared on Thursday. The situation arises as the automotive industry continues to struggle with the lingering effects of global supply chain disruptions, further intensified by evolving geopolitical tensions and trade policies. The recent imposition of tariffs on imported automotive…

The UK government has revised regulations to simplify the installation of EV chargers in residential and commercial locations. Under the new rules, drivers and businesses will no longer need to submit a planning application to install public or private EV charging stations, making the process more efficient and accessible. “We’re cutting down on paperwork to power up the EV revolution so that drivers, businesses, and those looking to make the switch will have more charge points to power from and less red tape to deal with,” Future of Roads Minister Lilian Greenwood stated. The initiative will accelerate the deployment of…

Nissan Motor Co., Japan’s third-largest automaker, is reportedly planning to raise $7 billion through debt financing and asset sales, including a syndicated loan guaranteed by the British government, according to Bloomberg News on Wednesday. The company is trying to settle $5.6 billion in debt due by mid-next year and is considering options to raise funds, including selling part of its 15% stake in Renault SA and divesting its shares in battery manufacturer AESC Group Ltd. Nissan has been grappling with financial challenges in recent years, worsened by declining sales in crucial markets like the United States and China, along with…